PFC share price – Breakout after 5 years with high volumes- Latest Post 2023

The stock has increased by 51% over the last six months, compared to the S&P BSE Sensex’s 8% gain. Power Finance Corporation (PFC) shares increased 5% intraday on the National Stock Exchange (NSE) on Tuesday amid high volumes, reaching a high of over five years at Rs 157.80. The share price of a publicly traded financial institution reached its highest level since May 2017.

Here’s our current position in PFC share corporation after the breakout from last week.

Let’s look at the Technical analysis of this stock and try to create some support and resistance 4 hours time frame.

PFC Share chart weekly

The stock has broken its resistance but will come back to restest it, so you can start accumulating this stock in smaller quantities. Now that we have looked at the Technical of the stocks. Let’s talk about the fundamentals of PFC corporation.

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	TTM
Revenue	10,178	13,092	17,314	21,407	24,988	27,861	27,581	48,624	54,106	62,189	71,656	76,262	75,897
Interest	6,426	8,595	10,995	13,053	15,456	16,657	16,768	30,289	34,627	40,845	44,684	44,709	44,411
Expenses +	197	351	331	748	1,103	2,042	5,538	6,583	1,696	7,332	7,102	8,215	7,881
Financing Profit	3,555	4,146	5,987	7,607	8,429	9,162	5,275	11,752	17,783	14,012	19,871	23,338	23,605
Financing Margin %	35%	32%	35%	36%	34%	33%	19%	24%	33%	23%	28%	31%	31%
Other Income +	36	5	12	23	25	25	30	42	94	105	46	79	80
Depreciation	5	6	6	5	8	20	41	15	15	24	25	35	42
Profit before tax	3,586	4,146	5,994	7,624	8,446	9,167	5,264	11,779	17,862	14,093	19,891	23,382	23,643
Tax %	26%	26%	26%	28%	29%	33%	58%	25%	29%	33%	21%	20%
Net Profit	2,647	3,059	4,438	5,462	6,004	6,184	2,236	8,797	12,640	9,477	15,716	18,768	18,999
EPS in Rs	11.53	11.59	16.81	20.69	22.74	23.42	8.47	25.34	37.58	26.98	44.50	53.08	53.55

Balance Sheet

Consolidated Figures in Rs. Crores / View StandaloneCORPORATE ACTIONS

	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Sep 2022
Share Capital +	1,148	1,320	1,320	1,320	1,320	1,320	2,640	2,640	2,640	2,640	2,640	2,640	2,640
Reserves	14,093	19,473	22,360	26,202	31,091	34,708	34,205	37,194	44,481	46,760	58,127	69,036	73,866
Borrowings +	76,275	110,126	139,473	159,215	187,795	200,660	202,993	441,151	539,488	596,561	659,682	660,476	674,847
Other Liabilities +	13,210	4,763	6,178	7,582	8,705	10,531	19,700	41,546	42,260	48,560	55,257	58,848	59,887
Total Liabilities	104,725	135,682	169,330	194,320	228,912	247,220	259,537	522,531	628,869	694,521	775,707	791,000	811,240
Fixed Assets +	75	77	75	72	102	198	296	161	196	238	341	719	737
CWIP	2	0	0	1	2	47	105	129	199	288	336	53	41
Investments	27	27	27	27	528	2,230	3,145	5,493	4,604	4,404	3,499	3,774	5,103
Other Assets +	104,622	135,578	169,229	194,220	228,280	244,745	255,990	516,749	623,871	689,590	771,530	786,454	805,359
Total Assets	104,725	135,682	169,330	194,320	228,912	247,220	259,537	522,531	628,869	694,521	775,707	791,000	811,240

Shareholding Pattern

Numbers in percentages DEALS / TRADES

	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022
Promoters +	55.99	55.99	55.99	55.99	55.99	55.99	55.99	55.99	55.99	55.99	55.99	55.99
FIIs +	18.90	18.92	17.45	16.81	17.37	17.32	17.35	17.88	16.71	16.76	16.21	16.82
DIIs +	20.26	20.40	21.12	20.67	20.18	19.55	19.37	13.66	13.58	13.58	12.74	17.22
Public +	4.85	4.68	5.43	6.53	6.45	7.14	7.28	12.47	13.72	13.66	15.05	9.95

Conclusion

Overall, the stock is a buying opportunity. One can expect 30-40% upside from this price in the coming 4-6 months. or even before. This is not a buying call, but purely for educational purposes. Learning sharks institute has taught over 100+ students, and if you are interested in learning how to find stocks like these. Read our courses here.

#sharemarket #pfcshare #stockmarket #technical analysis

Date: 03-01-2023

Writer: Vijay verma