- Power Finance‘s net income for the 4th quarter was 41.4 billion rupees. This is a 19% increase year over year, surpassing the estimated 37.32 billion rupees.
- The company’s revenue stood at 122.4 billion rupees, a robust 20% increase year on year, far above the estimated value of 50.14 billion rupees.
- Total costs reached the level of 72.3 billion rupees, indicating an increase of 22% from the previous year.
- Other income was reported at 54.1 million rupees.
- A per-share dividend of 2.50 rupees was announced.
- Sandeep Kumar is appointed as the new CFO (Chief Financial Officer) of Power Finance, effective from May 15.
- The company’s shares noticed an incline of 3.9%, reaching the price of 437.90 rupees, based on 12.9 million shares that were traded.
- Regarding stock ratings, there were 6 buys, no holds and no sells.
Power Finance on Smartkarma
Analyst coverage on Power Finance on Smartkarma highlights a bullish sentiment from renowned analysts. Brian Freitas sheds light on potential changes in the NIFTY NEXT50 Index rebalance, indicating 6 possible adjustments with a notable 28.6% outperformance of potential adds over deletes in the past month. Meanwhile, Daniel Tabbush emphasizes Power Finance as India’s largest NBFC with a direct focus on power infrastructure, showcasing steady and strong returns. Tabbush’s insights point towards improving credit metrics and ROA expansion, projecting a positive outlook for Power Finance as it aims to surpass previous peaks in profitability.
A look at Power Finance Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.8 |
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 (Power Finance) has garnered positive Smart Scores across various factors, indicating a promising long-term outlook. With high scores in Dividend and solid scores in Value, Growth, and Momentum, Power Finance demonstrates strength in rewarding shareholders and potential for future growth. However, its Resilience score highlights a moderate level of vulnerability, suggesting room for improvement in managing risks.
As a company that funds power projects in India, Power Finance plays a crucial role in supporting the energy sector. Catering to a wide range of power utilities and manufacturers, Power Finance positions itself as a key player in India’s power infrastructure development. Investors may find the company’s robust dividend policy and growth potential appealing, although attention to enhancing resilience could further solidify its position in the market.
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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