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PFC set to announce Q4 FY25 results on May 21. Expectations point to stable earnings, strong asset quality, and healthy disbursements.
Power Finance Corporation (PFC) , India's leading power sector financier, will announce its Q4 FY25 results on May 21, 2025 . With consistent income growth, robust profitability, and improving asset quality, PFC is poised for another strong quarterly performance.
Quarterly Financial Performance (Rs crore)
| Quarter | Total Income | Net Profit |
|---|---|---|
| Q4 FY24 | 24,176 | 7,556 |
| Q1 FY25 | 24,737 | 5,982 |
| Q2 FY25 | 25,755 | 7,215 |
| Q3 FY25 | 26,798 | 7,760 |
Key Highlights Across FY25
-
Loan Book Growth
: PFC's loan assets expanded ~10-13 per cent YoY through Q3 FY25. Disbursements reached Rs 100,300 crore in 9M FY25, with management targeting a sharp uptick in Q4 to achieve ~14 per cent full-year loan growth.
-
Net Interest Income (NII) & Margins
: Q3 FY25 NII rose to Rs 4,694 crore (+12.9 per cent YoY), while NIM remained healthy around
3.65 per cent
, supported by a ~7.5 per cent cost of funds and ~10 per cent yield on advances.
-
Profitability
: PFC delivered strong year-on-year PAT growth in Q2 (+23 per cent) and Q3 (+23 per cent). The overall 9M FY25 PAT rose ~17 per cent YoY, backed by improved income and recoveries.
-
Asset Quality
: Gross NPAs remained low (~2.6-2.7 per cent) and Net NPAs even lower (~0.7-0.8 per cent), highlighting strong underwriting and recovery discipline.
- Sector Tailwinds : Continued government capex in power and renewable energy, along with strong demand for infrastructure credit, supports PFC's growth outlook.
Q4 FY25 Expectations
Analysts anticipate steady to modestly higher PAT in Q4 FY25 , compared to Rs 7,556 crore in Q4 FY24. Strong disbursements, potential one-time recoveries, and stable margins are expected to support earnings. The Board may also declare a final FY25 dividend, reinforcing PFC's cash-rich position.
Despite a slight uptick in market interest rates, PFC's AAA credit rating and well-matched asset-liability profile help preserve margins. Analysts including CLSA maintain a bullish stance , with "Buy/Outperform" ratings intact.
Value Research Online Stock Rating
-
Quality Score
: 10/10 - Strong balance sheet, earnings, and cash flows
-
Growth Score
: 5/10 - Moderate growth outlook
-
Valuation Score
: 6/10 - Fairly priced
-
Momentum Score
: 3/10 - Weak recent stock price performance
- Overall Rating : ⭐⭐⭐⭐ (4-Star)
PFC's top-tier quality rating signals earnings dependability and low credit risk, making it a solid pick for long-term investors. Although growth may not match private peers, its PSU stability and consistent returns make it a reliable core holding in power finance.
For detailed financial information, visit our stock page- Power Finance Corporation
Disclaimer: This article has been written with the assistance of Artificial Intelligence. While our digital writer has been trained to follow our editorial style, we recommend applying a critical eye while reading. Enjoy the story — and keep smiling with understanding!
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