Den Of Wealth:
*All-Time High Loan Sanction*

POWER FINANCE CORPN:

Sanctioned Loan Book of PFC stands at whopping 1.72 LAC CRORES. If same is compared against Loan DISBURSAL in FY16, PFC has strong *pipeline for next 45 months ( almost 4 years)*

How many other NBFCs have such huge Loan Sanction book and pipeline for 45 months? Perhaps none.

_Still PFC trading @ 4.40xFY17Eeps_

Further mgtmnt has stated:

*Discoms Turnaround under UDAY will have positive impact on overall power sector improving ASSET QUALITY of PFC loans. 72% of Pfc loans are to Generation sector. With Discom financial health improving, stress on loans given to Generation sector will reduce considerably*

*94% equity with Govt/DIIs/FIIs. Only 6% with public. We estimate PFC to be 155-160 Feb Expiry*