About
About Power Finance Corporation Limited
Power Finance Corporation Limited, a non-banking finance company, provides financial products and related advisory services to the power, logistics, and infrastructure sectors in India. The company offers fund-based financial policies and products, such as project-specific funding; a revamped distribution sector scheme; funding for clearance of dues-LPS; a revolving bill payment facility; guidelines for solar and wind power generation projects, as well as for funding private sector independent transmission projects (ITP); a debt refinancing policy; a prepayment policy for solar wind ITP and other projects; takeout financing, asset acquisition, bridge loans, buyer's lines of credit, credit facilities for the purchase of power through power exchanges, and conventional and energy-saving projects; and project, medium, and short-term loan services. Its fund-based financial policies/products also include grants/interest-free loans for studies/consultancies; lease financing for the purchase of equipment and wind power projects; a line of credit for the import of coal; a policy for underwriting of debt; and financial assistance to distribution franchisees. The company also provides non-fund-based policies/products comprising guarantees, letters of comfort, and a policy for guarantees for credit enhancement; and non-fund-based consultancy services. Power Finance Corporation Limited was incorporated in 1986 and is headquartered in New Delhi, India.
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5 years, 5 months ago
Power Finance Corporation Limited is currently in a long term uptrend where the price is trading 7.8% above its 200 day moving average.
From a valuation standpoint, the stock is 96.3% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 1.3.
Power Finance Corporation Limited's total revenue sank by 53.9% to $73B since the same quarter in the previous year.
Its net income has increased by 11.4% to $29B since the same quarter in the previous year.
Finally, its free cash flow grew by 98.8% to $-2B since the same quarter in the previous year.
Based on the above factors, Power Finance Corporation Limited gets an overall score of 4/5.