Power Finance Corporation stock reports senior management change

Published on 10/07/2026 at 03:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Power Finance Corporation stock posted INR 47.5 billion in Q1 FY27 profit, while net interest income fell 4 percent year over year. NSE shares were last at INR 322.60 on October 6, 2026.

PFC, INE134E01011, Illustration mit AI erstellt.

Power Finance Corporation (ISIN INE134E01011) was last at INR 322.60 on the NSE on October 6, 2026, at 3:15 p.m. IST, up 0.19 percent from the prior close of INR 322.00. The state-backed lender also reported a senior management change effective September 30, 2026, as Executive Director Projects Rajesh Kumar Shahi retired, according to ScanX on October 1, 2026.

Senior management change takes effect

The retirement followed the normal superannuation process and applied after working hours on September 30, 2026. The filing covered an executive responsible for projects, making the change relevant to the companys operating leadership even though it did not alter the lending platform or capital structure.

Q1 profit rises as lending slows

In Q1 FY27, PFC reported profit after tax of INR 47.5 billion, up 5 percent year over year, according to DSIJ in its August 8, 2026 report. Net interest income fell 4 percent year over year to INR 52.3 billion, while the loan book rose 4 percent year over year to INR 5.7 trillion.

The weaker core income was paired with a sharper slowdown in activity: disbursements fell 44 percent year over year to INR 201.0 billion. Provision write-backs of INR 5.6 billion supported the quarter, so the profit increase was stronger than the underlying lending momentum.

Analysts see a higher valuation

A consensus compiled by Investing.com on September 28, 2026 carries a Strong Buy rating from 14 analysts. The average 12-month target is INR 486.07, with estimates ranging from INR 410 to INR 520.

That target range sits against a stock that remains near the lower end of its annual band. PFCs 52-week range was INR 313.35 to INR 486.50 on October 6, 2026, while market capitalization stood at INR 1,064.6 billion and trading volume reached 7,467,128 shares.

Stock stays near yearly low

Power Finance Corporation stock was last at INR 322.60 on the NSE on October 6, 2026. The operating question for investors is whether loan growth and net interest income can recover after the Q1 disbursement decline.