- Power Finance‘s third-quarter net income is 41.5 billion rupees, representing a 23% increase year-over-year, surpassing the estimate of 39.58 billion rupees.
- Revenue for the quarter is 130.4 billion rupees, marking a 10% increase compared to the previous year.
- Total costs amounted to 79.7 billion rupees, up by 3.5% year-over-year.
- Other income surged to 88.4 million rupees from 18.3 million rupees in the previous year.
- Dividend per share is announced at 3.50 rupees.
- Analyst ratings are strong with 12 buys, no holds, and no sells.
“`
A look at Power Finance Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Looking at the Smartkarma Smart Scores for Power Finance, the company seems to have a solid long-term outlook. With a high score in Dividends and Value, Power Finance demonstrates strong financial stability and attractive pricing compared to its peers. Additionally, its growth prospects are promising, with a respectable score in the Growth category. However, there are some concerns in terms of Resilience and Momentum, which could indicate potential vulnerabilities in the company’s ability to withstand economic shocks and maintain consistent performance.
Power Finance Corporation, as a key player in funding power projects in India, has established itself as a reliable partner for various entities in the power sector. With a focus on serving both public and private power utilities, as well as manufacturing and municipal entities, Power Finance plays a crucial role in the development of the country’s power infrastructure. While the company’s Smart Scores highlight strengths in dividends, value, and growth, investors may want to keep an eye on factors affecting its resilience and momentum to make informed decisions about its long-term performance.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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