Power Finance Corporation Limited (PFC) - Net Assets

Latest as of March 2026: Rs1.73 Trillion INR ≈ $18.76 Billion USD

Based on the latest financial reports, Power Finance Corporation Limited (PFC) has net assets worth Rs1.73 Trillion INR (≈ $18.76 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs12.45 Trillion ≈ $134.60 Billion USD) and total liabilities (Rs10.71 Trillion ≈ $115.84 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check strategic asset allocation of Power Finance Corporation Limited to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs1.73 Trillion
% of Total Assets	13.94%
Annual Growth Rate	16.04%
5-Year Change	80.15%
10-Year Change	370.73%
Growth Volatility	12.1

Power Finance Corporation Limited - Net Assets Trend (2004–2026)

This chart illustrates how Power Finance Corporation Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Power Finance Corporation Limited market capitalisation.

Annual Net Assets for Power Finance Corporation Limited (2004–2026)

The table below shows the annual net assets of Power Finance Corporation Limited from 2004 to 2026. Also explore Power Finance Corporation Limited equity growth rate to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2026-03-31	Rs1.73 Trillion ≈ $18.76 Billion	+11.79%
2025-03-31	Rs1.55 Trillion ≈ $16.78 Billion	+15.54%
2024-03-31	Rs1.34 Trillion ≈ $14.52 Billion	+19.92%
2023-03-31	Rs1.12 Trillion ≈ $12.11 Billion	+16.31%
2022-03-31	Rs962.75 Billion ≈ $10.41 Billion	+17.71%
2021-03-31	Rs817.90 Billion ≈ $8.85 Billion	+23.61%
2020-03-31	Rs661.65 Billion ≈ $7.16 Billion	+4.22%
2019-03-31	Rs634.84 Billion ≈ $6.87 Billion	+57.91%
2018-03-31	Rs402.02 Billion ≈ $4.35 Billion	+9.11%
2017-03-31	Rs368.45 Billion ≈ $3.98 Billion	+2.27%
2016-03-31	Rs360.28 Billion ≈ $3.90 Billion	+11.16%
2015-03-31	Rs324.11 Billion ≈ $3.51 Billion	+17.76%
2014-03-31	Rs275.22 Billion ≈ $2.98 Billion	+16.76%
2013-03-31	Rs235.71 Billion ≈ $2.55 Billion	+14.07%
2012-03-31	Rs206.65 Billion ≈ $2.23 Billion	+35.59%
2011-03-31	Rs152.41 Billion ≈ $1.65 Billion	+14.61%
2010-03-31	Rs132.98 Billion ≈ $1.44 Billion	+15.46%
2009-03-31	Rs115.18 Billion ≈ $1.25 Billion	+23.45%
2008-03-31	Rs93.30 Billion ≈ $1.01 Billion	+8.57%
2007-03-31	Rs85.93 Billion ≈ $929.31 Million	+23.85%
2006-03-31	Rs69.38 Billion ≈ $750.34 Million	+8.75%
2005-03-31	Rs63.80 Billion ≈ $689.99 Million	-2.97%
2004-03-31	Rs65.76 Billion ≈ $711.14 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Power Finance Corporation Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (March 2026)

Component	Amount	Percentage
Common Stock	Rs33.00 Billion	2.48%
Other Comprehensive Income	Rs1.30 Trillion	97.52%
Total Equity	Rs1.33 Trillion	100.00%

Power Finance Corporation Limited Competitors by Market Cap

The table below lists competitors of Power Finance Corporation Limited ranked by their market capitalization.

Company	Market Cap
Xian LONGi Silicon Materials Corp SHG:601012	$12.29 Billion
TAISEI CORP. ADR/ 1/4 F:TKK	$12.29 Billion
DocuSign Inc NASDAQ:DOCU	$12.30 Billion
SECOM CO.LTD ADR 1/4/O.N. F:XSC0	$12.30 Billion
Baxter International Inc NYSE:BAX	$12.26 Billion
ALTEOGEN Inc KQ:196170	$12.26 Billion
SON.HO.UN.ADR 1/5 SF -05 F:PHBA	$12.25 Billion
DT Midstream Inc NYSE:DTM	$12.24 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Power Finance Corporation Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2025 to 2026, total equity changed from 1,177,383,500,000 to 1,328,609,400,000, a change of 151,225,900,000 (12.8%).
Net income of 259,009,500,000 contributed positively to equity growth.
Dividend payments of 88,858,600,000 reduced retained earnings.
Other comprehensive income increased equity by 471,586,900,000.
Other factors decreased equity by 490,511,900,000.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	Rs259.01 Billion	+19.49%
Dividends Paid	Rs88.86 Billion	-6.69%
Other Comprehensive Income	Rs471.59 Billion	+35.49%
Other Changes	Rs-490.51 Billion	-36.92%
Total Change	Rs-	12.84%

Book Value vs Market Value Analysis

This analysis compares Power Finance Corporation Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 0.85x
The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
The price-to-book ratio has decreased from 13.48x to 0.85x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2004-03-31	Rs25.53	Rs344.00	x
2005-03-31	Rs24.77	Rs344.00	x
2006-03-31	Rs26.93	Rs344.00	x
2007-03-31	Rs32.97	Rs344.00	x
2008-03-31	Rs28.27	Rs344.00	x
2009-03-31	Rs40.14	Rs344.00	x
2010-03-31	Rs46.34	Rs344.00	x
2011-03-31	Rs53.11	Rs344.00	x
2012-03-31	Rs64.23	Rs344.00	x
2013-03-31	Rs71.75	Rs344.00	x
2014-03-31	Rs83.40	Rs344.00	x
2015-03-31	Rs98.21	Rs344.00	x
2016-03-31	Rs109.17	Rs344.00	x
2017-03-31	Rs139.56	Rs344.00	x
2018-03-31	Rs152.27	Rs344.00	x
2019-03-31	Rs142.79	Rs344.00	x
2020-03-31	Rs149.69	Rs344.00	x
2021-03-31	Rs184.14	Rs344.00	x
2022-03-31	Rs217.19	Rs344.00	x
2023-03-31	Rs255.02	Rs344.00	x
2024-03-31	Rs306.50	Rs344.00	x
2025-03-31	Rs356.79	Rs344.00	x
2026-03-31	Rs402.62	Rs344.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Power Finance Corporation Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 19.49%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 22.99%
• Asset Turnover: 0.09x
• Equity Multiplier: 9.37x
Recent ROE (19.49%) is above the historical average (17.74%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2004	32.06%	95.83%	0.08x	3.97x	Rs14.51 Billion
2005	15.42%	62.36%	0.05x	4.81x	Rs3.46 Billion
2006	13.99%	31.06%	0.08x	5.40x	Rs2.77 Billion
2007	11.48%	25.84%	0.08x	5.43x	Rs1.27 Billion
2008	19.11%	56.22%	0.06x	5.86x	Rs8.49 Billion
2009	17.19%	44.62%	0.07x	5.93x	Rs8.28 Billion
2010	17.89%	29.57%	0.09x	6.38x	Rs10.49 Billion
2011	17.37%	26.02%	0.10x	6.87x	Rs11.23 Billion
2012	14.71%	23.66%	0.10x	6.50x	Rs9.80 Billion
2013	18.74%	25.97%	0.10x	7.15x	Rs20.70 Billion
2014	19.85%	26.09%	0.11x	7.06x	Rs27.10 Billion
2015	18.53%	24.64%	0.11x	7.06x	Rs27.63 Billion
2016	17.16%	22.64%	0.11x	6.86x	Rs25.81 Billion
2017	6.07%	8.14%	0.11x	7.04x	Rs-14.48 Billion
2018	16.64%	14.05%	0.17x	7.17x	Rs26.69 Billion
2019	21.05%	18.80%	0.08x	13.35x	Rs52.09 Billion
2020	14.42%	12.31%	0.08x	14.06x	Rs21.82 Billion
2021	19.33%	16.44%	0.09x	12.77x	Rs56.71 Billion
2022	19.55%	18.70%	0.09x	11.04x	Rs68.47 Billion
2023	18.88%	21.32%	0.08x	10.65x	Rs74.73 Billion
2024	19.54%	21.59%	0.09x	10.27x	Rs96.46 Billion
2025	19.53%	21.62%	0.09x	10.01x	Rs112.17 Billion
2026	19.49%	22.99%	0.09x	9.37x	Rs126.15 Billion

Industry Comparison

This section compares Power Finance Corporation Limited's net assets metrics with peer companies in the Credit Services industry.

Industry Context

Industry: Credit Services
Average net assets among peers: $91,051,594,352
Average return on equity (ROE) among peers: 20.70%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Power Finance Corporation Limited (PFC)	Rs1.73 Trillion	32.06%	6.18x	$12.28 Billion
Akme Fintrade India Ltd (AFIL)	$3.82 Billion	8.69%	0.77x	$39.41 Million
Arman Financial Services Limited (ARMANFIN)	$792.21 Million	33.36%	7.82x	$218.11 Million
Baid Finserv Limited (BAIDFIN)	$490.88 Million	19.78%	5.79x	$16.88 Million
Bajaj Finance Limited (BAJFINANCE)	$766.95 Billion	18.84%	3.90x	$67.90 Billion
Capri Global Capital Limited (CGCL)	$2.81 Billion	44.70%	0.62x	$2.65 Billion
Cholamandalam Investment and Finance Company Limited (CHOLAFIN)	$62.09 Billion	19.30%	8.26x	$16.35 Billion
Cholamandalam Financial Holdings Limited (CHOLAHLDNG)	$5.96 Billion	30.65%	2.20x	$3.07 Billion
CREDITACCESS GRAMEEN LIMITED (CREDITACC)	$65.70 Billion	22.01%	3.39x	$2.44 Billion
CSL Finance Limited (CSLFINANCE)	$2.33 Billion	9.66%	0.43x	$52.38 Million
DCM Financial Services Limited (DCMFINSERV)	$-420.29 Million	0.00%	0.00x	$1.20 Million

About Power Finance Corporation Limited

NSE:PFC India Credit Services

Market Cap

$12.28 Billion

Rs1.14 Trillion INR

Market Cap Rank

#1896 Global

#65 in India

Share Price

Rs344.00

Change (1 day)

-2.67%

52-Week Range

Rs335.05 - Rs481.40

All Time High

Rs560.42