According to the financials, PFCL has a market cap of over Rs 60,000 crore and a 3-year stock price CAGR of 40 per cent. The company’s maximum stake is owned by The President of India (55.99 per cent) as of March 2023. The company reported excellent numbers in its quarterly results and annual results.

On Tuesday, the Indian equity markets ended on a positive note

The company reported excellent numbers in its quarterly results and annual results. The net sales increased by 14.87 per cent to Rs 18.62 crore in Q4FY23 over Q4FY22. The net sales increased by 71.88 per cent to Rs 62.89 crore in FY23 over FY22. The company reported a net profit of Rs 3.86 crore in FY23 compared to a net loss of Rs 12.27 crore in FY22.

The company has consistently maintained a commendable dividend payout ratio of 20.1 per cent,

The GIFT Nifty points towards a bullish opening for the benchmark indices on Tuesday, with a rise of 32 points. The futures stood at 19,480.

On Tuesday, at 03:30 pm, indices ended the trading session in green with the BSE Sensex Index up 0.42 per cent at 65,617.84 and the NSE Nifty-50 Index up 0.43 per cent at 19,439.40. 

The price band of the issue has been fixed at Rs 23 to Rs 25 per equity share. The issue size is Rs 500 crore at a higher price band.

Over the past five years, the company has showcased impressive profit growth, with compound annual growth rate (CAGR) of 87.5 per cent.

Crunching the numbers, the gains accrued by Zerodha Broking from this astounding surge amount to approximately Rs 4.82 crore. Yes, you heard it right—nearly 5 crores! (calculated as 87 * 554,531).

According to the quarterly results, the net sales increased by 48.85 per cent to Rs 2,079 crore and net profit skyrocketed by 104.80 per cent to Rs 318 crore in Q4FY23 compared to Q4FY22. According to the annual results, the net sales increased by 36.52 per cent to Rs 7,827 crore and net profit increased by 85.77 per cent to Rs 1,073 crore in FY23 compared to FY22.