Power Finance Corporation Profile
Key Indicators
- Authorised Capital ₹ 11,200.00 Cr
- Paid Up Capital ₹ 3,300.10 Cr
- Company Age 38 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 43,009.00 Cr
- Satisfied Charges ₹ 25,855.00 Cr
- Revenue Growth 2.18%
- Profit Growth 18.69%
- Ebitda 6.04%
- Net Worth 13.28%
- Total Assets 0.59%
About Power Finance Corporation
Power Finance Corporation Limited (PFCL) is a leading Public Limited Union Government Company incorporated in India on 16 July 1986 and has a history of 38 years and eight months. Its registered office is in New Delhi, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532810 and on the National Stock Exchange(NSE) under PFC.
The Company is engaged in the Financial Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 11,200.00 Cr and a paid-up capital of Rs 3,300.10 Cr.
The company currently has active open charges totaling ₹43,009.00 Cr. The company has closed loans amounting to ₹25,855.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Power Finance Corporation Limited India are Manish Agarwal as COMPANY SECRETARY and Sandeep Kumar as Cfo. Parminder Chopra, Bhaskar Bhattacharya, Usha Nair, and Five other members serve as directors at the Company.
Company Details
- Location
New Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
Financial Services
Who are the key members and board of directors at Power Finance Corporation?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Parminder Chopra  | Managing Director | 01-Jul-2020 | Current |
| Manish Agarwal | Company Secretary | 01-May-2023 | Current |
| Sandeep Kumar | CFO | 13-Jun-2024 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Bhaskar Bhattacharya | Director | 23-Dec-2021 | Current |
| Usha Nair | Director | 23-Dec-2021 | Current |
| Shashank Misra | Nominee Director | 23-Jul-2024 | Current |
| Manoj Sharma | Whole-Time Director | 29-Aug-2022 | Current |
| Prasanna Tantri | Director | 23-Dec-2021 | Current |
| Rajiv Jha | Whole-Time Director | 28-Oct-2021 | Current |
Financial Performance of Power Finance Corporation.
Power Finance Corporation Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 2.18% increase. The company also saw a substantial improvement in profitability, with a 18.69% increase in profit. The company's net worth Soared by an impressive increase of 13.28%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Power Finance Corporation?
In 2022, Power Finance Corporation had a promoter holding of 55.99% and a public holding of 44.00%. The company had 35 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Purvanchal Vidyut Vitran Nigam LimitedSandeep Kumar is a mutual person
Pfc Consulting LimitedParminder Chopra, Sandeep Kumar and 2 more are mutual person
Pashchimanchal Vidyut Vitran Nigam LimitedSandeep Kumar is a mutual person
- Pfc Projects Limited
Manish Agarwal and Manoj Sharma are mutual person
- Bihar Mega Power Limited
Manoj Sharma is a mutual person
Ptc India LimitedRajiv Jha is a mutual person
Charges (Loans)
Open Charges
₹43,009.00 Cr
Satisfied Charges
₹25,855.00 Cr
Charges Breakdown by Lending Institutions
- Others : 25444.87 Cr
- Il & Fs Trust Company Limited : 5881.00 Cr
- State Bank Of India : 5000.00 Cr
- Gda Trusteeship Limited : 4443.13 Cr
- Bank Of India : 1000.00 Cr
- Others : 1240.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Jun 2024 | Others | ₹3,000.00 Cr | Open |
| 01 Aug 2023 | Others | ₹2,824.48 Cr | Open |
| 22 Jun 2023 | Others | ₹2,741.00 Cr | Open |
| 30 May 2022 | Others | ₹2,600.87 Cr | Open |
| 07 Jun 2021 | Others | ₹1,500.00 Cr | Open |
How Many Employees Work at Power Finance Corporation?
Power Finance Corporation has a workforce of 420 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Power Finance Corporation, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Power Finance Corporation's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Power Finance Corporation
Recent activity within the organization
- Charges
A charge registered on 26 Sep 2019 via Charge ID 100295521 with Others was fully satisfied on 04 Oct 2024.
- Annual General Meeting
Power Finance Corporation Limited last Annual general meeting of members was held on 21 Aug 2024 as per latest MCA records.
- Director Appointment
Sandeep Kumar was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 07 Aug 2024 & has been associated with this company since 7 months 22 days .
- Director Appointment
Shashank Misra was appointed as a Nominee Director was appointed as a Nominee Director on 23 Jul 2024 & has been associated with this company since 8 months 6 days .
- Charges
A charge with Others amounted to Rs. 3,000.00 Cr with Charge ID 100967303 was registered on 26 Jun 2024.
- Director Appointment
Sandeep Kumar was appointed as a Cfo was appointed as a Cfo on 13 Jun 2024 & has been associated with this company since 9 months 16 days .
Recent News, Updates & Announcement
- IIT Madras gets Rs 16.5 crore grant from Power Finance Corporation for anatomy lab.
IIT Madras: The Institute which has already established a dry anatomy lab and now an advanced lab will provide students with hands-on experience in the field.
- Power Finance Corp Q2 FY24 results: profit rise by 22.81% YOY | Mint.
Power Finance Corp Q2 FY24 results: Revenue increased by 15.8% YoY & profit increased by 22.81% YoY.
- Power Finance Corporation Q2 results: Net profit up 27% to ₹6,628 crore | Mint.
Power Finance Corporation (PFC) Wednesday posted a nearly 27% rise in its consolidated net profit to ₹6,628.17 crore in the July-September quarter compared to a year ago.
Frequently asked questions
What is the Incorporation or founding date of Power Finance Corporation Limited?
Power Finance Corporation Limited was incorporated on 16 Jul 1986.
What is authorized share capital and paid-up capital of Power Finance Corporation Limited?
The authorized share capital of Power Finance Corporation Limited is ₹ 11,200.00 Cr and paid-up capital is ₹ 3,300.10 Cr.
Who are the current board members & directors of Power Finance Corporation Limited?
Currently 10 directors are associated with Power Finance Corporation Limited.
- Parminder Chopra
- Bhaskar Bhattacharya
- Usha Sajeev Nair
- Manish Kumar Agarwal
- Sandeep Kumar
- Sandeep Kumar
- Shashank Misra
- Manoj Sharma
- Prasanna Lakshminarayana Tantri
- Rajiv Ranjan Jha
What is the registered address of Power Finance Corporation Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Power Finance Corporation Limited is 'Urjanidhi' 1 Barakhamba Lane Connaught Place, India, New Delhi, 110001.
What is the corporate identification number (CIN) and company number of Power Finance Corporation Limited?
The corporate identification number (CIN) of Power Finance Corporation Limited is L65910DL1986GOI024862 and the company number is 024862 as per Ministry of Corporate Affairs (MCA).
Is Power Finance Corporation Limited registered with any stock exchange in India?
Yes, Power Finance Corporation Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): PFC.
What is the official website of Power Finance Corporation Limited?
The Official website of Power Finance Corporation Limited is https://www.pfcindia.com
What has been the recent revenue trend for Power Finance Corporation Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Power Finance Corporation Limited has risen by 2.18%.
How many employees does Power Finance Corporation Limited currently have?
As Per 2022 financial reports, 420 employees are currently employed by Power Finance Corporation Limited.
What change has been observed in the net worth of Power Finance Corporation Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Power Finance Corporation Limited has experienced an upsurge of 13.28%.
What are the total open charges for Power Finance Corporation Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Power Finance Corporation Limited amount to ₹ 43,009.00 Cr.
When was the last Balance Sheet of Power Finance Corporation Limited filed with the ROC?
The most recent Balance Sheet for Power Finance Corporation Limited was filed with the ROC on 31 Mar 2024.
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