GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Power Finance Corp Ltd (BOM:532810) » Definitions » Net Interest Margin (Bank Only) %

Power Finance (BOM:532810) Net Interest Margin (Bank Only) % : 3.69% (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Power Finance Net Interest Margin (Bank Only) %?

Net Interest Margin (Bank Only) % is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

GuruFocus calculates Net Interest Margin (Bank Only) % as Net Interest Income (for Banks) divided by its average earning assets. Power Finance's annualized Net Interest Income (for Banks) for the quarter that ended in Mar. 2024 was ₹349,556 Mil. Power Finance's average earning assets for the quarter that ended in Mar. 2024 was ₹9,478,992 Mil. Therefore, Power Finance's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Mar. 2024 was 3.69%.


Power Finance Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Power Finance's Net Interest Margin (Bank Only) % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Power Finance Net Interest Margin (Bank Only) % Chart

Power Finance Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.44 3.86 4.18 3.79 3.57

Power Finance Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Interest Margin (Bank Only) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.37 3.45 3.45 3.70 3.69

Competitive Comparison of Power Finance's Net Interest Margin (Bank Only) %

For the Credit Services subindustry, Power Finance's Net Interest Margin (Bank Only) %, along with its competitors' market caps and Net Interest Margin (Bank Only) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Power Finance's Net Interest Margin (Bank Only) % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Power Finance's Net Interest Margin (Bank Only) % distribution charts can be found below:

* The bar in red indicates where Power Finance's Net Interest Margin (Bank Only) % falls into.



Power Finance Net Interest Margin (Bank Only) % Calculation

Net Interest Margin (Bank Only) % (NIM) is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

Power Finance's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Mar. 2024 is calculated as

Net Interest Margin (Bank Only) %(A: Mar. 2024 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Mar. 2023 ) + Earning Assets (A: Mar. 2024 ))/ count )
=321232/( (8287984 + 9691111.5)/ 2 )
=321232/8989547.75
=3.57 %

where

Earning Assets(A: Mar. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=17209.8 + 8270774.2 + 0
=8287984

Earning Assets(A: Mar. 2024 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 9691111.5 + 0
=9691111.5

Power Finance's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Mar. 2024 is calculated as

Net Interest Margin (Bank Only) %(Q: Mar. 2024 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Dec. 2023 ) + Earning Assets (Q: Mar. 2024 ))/ count )
=349555.6/( (9266872 + 9691111.5)/ 2 )
=349555.6/9478991.75
=3.69 %

where

Earning Assets(Q: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=16714.8 + 9250157.2 + 0
=9266872

Earning Assets(Q: Mar. 2024 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 9691111.5 + 0
=9691111.5

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: Interest Expense is the negative value.

In the calculation of annual Net Interest Margin (Bank Only) %, the Net Interest Income (for Banks) of the last fiscal year and the average earning assets over the fiscal year are used. In calculating the quarterly data, the Net Interest Income (for Banks) data used here is four times the quarterly (Mar. 2024) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Power Finance  (BOM:532810) Net Interest Margin (Bank Only) % Explanation

The negative value of Net Interest Margin (Bank Only) % mean the firm pays more interest for its debt than the interest revenue generated from its investment.


Power Finance Net Interest Margin (Bank Only) % Related Terms

Thank you for viewing the detailed overview of Power Finance's Net Interest Margin (Bank Only) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Power Finance (BOM:532810) Business Description

Traded in Other Exchanges
Address
Urjanidhi, 1, Barakhamba Lane, Connaught Place, New Delhi, IND, 110001
Power Finance Corp Ltd is a financial institution operating in India and dedicated to financing of the country's power sector and its various projects. The company serves state power utilities, central power sector utilities, power departments, private power sector utilities, joint sector power utilities, power equipment manufacturers, and municipal power utilities. The company's main products include rupee term loans, short-term loans, and a buyer line of credit. Interest income is the company's main source of revenue. The company's strategy emphasizes exploring other areas for sustainable growth, including funding renewable equipment manufacturers, nuclear power projects, and backward linkages to the power sector.

Power Finance (BOM:532810) Headlines

No Headlines