Power Finance Management
Management criteria checks 3/4
Power Finance's CEO is Parminder Chopra, appointed in Jun 2023, has a tenure of 2.92 years. total yearly compensation is ₹9.10M, comprised of 67.9% salary and 32.1% bonuses, including company stock and options. directly owns 0% of the company’s shares, worth ₹1.13M. The average tenure of the management team and the board of directors is 2.2 years and 2.8 years respectively.
Key information
Parminder Chopra
Chief executive officer
₹9.1m
Total compensation
| CEO salary percentage | 67.86% |
| CEO tenure | 2.9yrs |
| CEO ownership | 0.00008% |
| Management average tenure | 2.2yrs |
| Board average tenure | 2.8yrs |
Recent management updates
Recent updates
PFC: Proposed Merger And Steady Interim Dividends Will Shape Future Returns
Analysts have trimmed their price target on Power Finance slightly, with fair value moving from about ₹493.85 to ₹491.15, as they factor in a marginally higher discount rate and an updated future P/E assumption while keeping revenue growth and profit margin expectations effectively unchanged. What's in the News On February 6, 2026, Power Finance Corporation Limited and REC Limited gave in principle approval for a proposed merger, with a detailed scheme to be prepared so that the combined entity remains a government company under the Companies Act, 2013 (Key Developments).PFC: Proposed Merger And Ongoing Interim Dividends Will Support Future Returns
Analysts have trimmed their price target on Power Finance slightly to around ₹494 from about ₹498. This reflects updated assumptions around discount rates, revenue trends, margins and future P/E multiples.PFC: Proposed Merger And Steady Interim Dividends Will Support Future Returns
Analysts now place Power Finance's price target at ₹498.08, slightly down from ₹498.21. They cite largely unchanged assumptions on revenue growth and discount rate, along with a marginally improved profit margin outlook and a small adjustment to the future P/E multiple.PFC: Merger With REC And Ongoing Interim Dividends Will Support Returns
Analysts have slightly raised their price target for Power Finance to ₹498.21 from ₹495.14. This change reflects updated views on fair value, discount rate, revenue outlook, profit margins and future P/E assumptions.PFC: Future Dividend Stream And REC Merger Will Support Returns
Analysts have shifted their price target for Power Finance to about ₹495 from about ₹491, reflecting updated assumptions on discount rate, revenue decline, profit margin and future P/E that slightly adjust their valuation outlook. What's in the News Power ministry set up two panels on 19 February 2026 to study the proposed merger of Power Finance Corporation Limited and REC Limited and oversee restructuring, including personnel integration, organizational structure and technology systems (Mint, via Key Developments).PFC: Future Dividends And Proposed Merger Will Support Returns
Analysts have raised their price target for Power Finance to $491.21 from $476.21, citing a slightly lower discount rate, a smaller expected revenue decline, and a modestly reduced profit margin, along with a marginally lower assumed future P/E multiple. What's in the News PFC and REC have given in principle approval for a proposed merger, with both boards planning a detailed scheme that keeps the merged entity classified as a government company under the Companies Act, 2013 (Key Developments).PFC: Future Dividends Will Support Returns As EESL Listing Progresses
Analysts have nudged their price target on Power Finance higher to $476.21, a move they link to slightly lower projected discount rates and a marginally reduced future P/E multiple that together refine their view of the company’s risk and earnings profile. What's in the News Energy Efficiency Services Ltd.Investors Don't See Light At End Of Power Finance Corporation Limited's (NSE:PFC) Tunnel
When close to half the companies in India have price-to-earnings ratios (or "P/E's") above 25x, you may consider Power...PFC: Future Dividends And EESL Listing Will Support Returns
Analysts have trimmed their price target for Power Finance, moving fair value from US$491.93 to US$476.21. This reflects slightly higher discount rate assumptions, a marginally softer revenue outlook, a modest pullback in expected profit margins, and a small reset in future P/E expectations.PFC: Future Dividends Will Drive Returns As Core Profile Stays Resilient
Narrative Update on Power Finance Analysts have modestly refined their outlook on Power Finance, keeping the fair value estimate steady around $492 per share while making only fractional adjustments to the discount rate and earnings assumptions. These changes reflect a largely unchanged long term risk and growth profile.Here's Why We Think Power Finance (NSE:PFC) Is Well Worth Watching
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...PFC: Future Dividends And Stable Margins Will Support Upside Potential
Analysts have modestly raised their price target on Power Finance to approximately $492 per share, reflecting a slightly higher assumed future earnings multiple while leaving core value drivers like revenue growth and profit margins effectively unchanged. What's in the News The board of directors declared a second interim dividend of INR 3.65 per equity share on a face value of INR 10 for fiscal year 2025 to 2026, with November 26, 2025 set as the record date for shareholder eligibility and dividend payment or dispatch due on or before December 6, 2025 (company filing).PFC: Dividend Declarations And Consistent Margins Will Drive Upward Momentum
Analysts have slightly lowered their price target for Power Finance from $497.64 to $491.93, based on updated projections for revenue growth and profit margins. What's in the News The board of directors declared a second interim dividend of INR 3.65 per equity share for the fiscal year 2025-26.PFC: Dividend Payouts And Stable Margins Will Support Future Performance
Analysts have lowered their price target for Power Finance from $513.57 to $497.64. They cite adjustments in discount rates and expectations of slightly slower revenue growth, although profit margins are expected to remain stable.Power Finance Corporation Limited's (NSE:PFC) Shares Lagging The Market But So Is The Business
Power Finance Corporation Limited's ( NSE:PFC ) price-to-earnings (or "P/E") ratio of 5.5x might make it look like a...Here's Why We Think Power Finance (NSE:PFC) Might Deserve Your Attention Today
It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Global Expansion And Asset Resolution Drive Growth Amidst Revenue Backslide And Sector Risks
Resolving stressed assets and securing international financing position Power Finance for improved net margins and global revenue growth.CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2026 | n/a | n/a | ₹259b |
| Dec 31 2025 | n/a | n/a | ₹252b |
| Sep 30 2025 | n/a | n/a | ₹248b |
| Jun 30 2025 | n/a | n/a | ₹243b |
| Mar 31 2025 | ₹9m | ₹6m | ₹230b |
| Dec 31 2024 | n/a | n/a | ₹223b |
| Sep 30 2024 | n/a | n/a | ₹212b |
| Jun 30 2024 | n/a | n/a | ₹207b |
| Mar 31 2024 | ₹10m | ₹5m | ₹198b |
| Dec 31 2023 | n/a | n/a | ₹188b |
| Sep 30 2023 | n/a | n/a | ₹179b |
| Jun 30 2023 | n/a | n/a | ₹170b |
| Mar 31 2023 | ₹9m | ₹4m | ₹159b |
| Dec 31 2022 | n/a | n/a | ₹144b |
| Sep 30 2022 | n/a | n/a | ₹141b |
| Jun 30 2022 | n/a | n/a | ₹140b |
| Mar 31 2022 | ₹7m | ₹4m | ₹140b |
| Dec 31 2021 | n/a | n/a | ₹137b |
| Sep 30 2021 | n/a | n/a | ₹130b |
| Jun 30 2021 | n/a | n/a | ₹125b |
| Mar 31 2021 | ₹4m | ₹3m | ₹117b |
Compensation vs Market: Parminder's total compensation ($USD94.44K) is below average for companies of similar size in the Indian market ($USD975.52K).
Compensation vs Earnings: Parminder's compensation has been consistent with company performance over the past year.
CEO
Parminder Chopra (58 yo)
Ms. Parminder Chopra served as Nominee Director of REC Limited from February 04, 2022 to July 11, 2023 and served as its Chairman and Managing Director from March 21, 2025 until June 21, 2025. She had been...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 2.9yrs | ₹9.10m | 0.000080% ₹ 1.1m | |
| Director of Commercial & Director | no data | ₹8.66m | no data | |
| Executive Director & Chief Compliance Officer | no data | no data | no data | |
| Head of The Public Relations Department | 10.4yrs | no data | no data | |
| Head of Internal Audit & Chief General Manager | 1.5yrs | no data | no data | |
| Chief Vigilance Officer | less than a year | no data | no data | |
| GM & Company Secretary | no data | no data | 0.000070% ₹ 992.9k |
Experienced Management: PFC's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 5.8yrs | ₹9.10m | 0.000080% ₹ 1.1m | |
| Director of Commercial & Director | 3.8yrs | ₹8.66m | no data | |
| Independent Director | 1yr | no data | no data | |
| Government Nominee Director | 1.9yrs | no data | no data |
Experienced Board: PFC's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/18 22:25 |
| End of Day Share Price | 2026/05/18 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2026/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Power Finance Corporation Limited is covered by 35 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Pradeep Agrawal | 360 ONE Capital Market Private Limited |
| null null | Anand Rathi Shares and Stock Brokers Limited |
| Clyton Fernandes | Anand Rathi Shares and Stock Brokers Limited |