- Net income of 37.2 billion rupees, an increase of 24% year over year.
- Net income met analysts’ estimates of 37.49 billion rupees.
- Revenue at 119.1 billion rupees, showing a 17% year-over-year increase.
- Revenue estimates were much lower, at 46.06 billion rupees.
- Total costs amounted to 73.8 billion rupees, up 14% from last year.
- Other income totaled 61.4 million rupees.
- Dividend declared at 3.25 rupees per share.
- Analysts’ recommendations: 7 buys, 0 holds, 0 sells.
Power Finance on Smartkarma
Analyst coverage of Power Finance on Smartkarma has recently been provided by Brian Freitas, a top independent analyst on the platform. In his research report titled “NIFTY NEXT50 Index Rebalance Preview: Potential Adds Continue to Run,” Freitas presents a bullish sentiment towards the potential changes in the NIFTY NEXT50 Index for March.
According to Freitas, the potential adds in the index have outperformed potential deletes by 28.6% over the last month. He suggests unwinding into strength as there could be six potential changes in the index, with estimated significant turnover and trade value. With a focus on strategic positioning and gradual unwinding, Freitas provides insightful analysis for investors in Power Finance to consider.
A look at Power Finance Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Power Finance Corporation, an Indian company that funds power projects, shows a promising long-term outlook based on its Smartkarma Smart Scores. The company’s high Dividend and Value scores indicate strong financial health and attractive investment potential. Additionally, with decent scores in Momentum and above-average score in Value, Power Finance is positioned well for potential growth and stability in the future. However, its lower Resilience score suggests some vulnerability to economic fluctuations, which investors should consider.
Overall, Power Finance Corporation displays solid fundamentals, especially in terms of dividends and value, signaling a reliable investment option for those seeking steady income and potential growth opportunities in the power sector. Despite facing some resilience challenges, the company’s strategic focus on funding power projects in India positions it well to capitalize on future opportunities and maintain its competitive edge in the market. Investors could consider the company’s strong dividend and value scores as key factors for a long-term investment strategy.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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