REC Ltd (RECLTD)
₹361.60
Mkt cap
₹95,217 Cr
P/E ratio
5.93
P/B
1.12
Div yield
4.98%
ROE
20.00%
ROCE
9.71%
EPS (TTM)
₹60.98
Book value
₹323
52W range
305–405
Sector
Financial Services
REC is a Central Public Sector Undertaking under the Ministry of Power involved in financing projects in the complete power sector value chain from generation to distribution. [1]
Health check
Mixed
ValuationCheap
ProfitabilityWeak
TechnicalsNeutral
52-week range
−10.69% from high₹362
₹305+18.52% from low₹405
Current
₹361.60
Prev close
₹361.00
Day
+0.17%
Price performance
1D
+0.17%
1W
−0.52%
1M
−0.84%
3M
−3.32%
6M
+0.75%
1Y
−9.87%
YTD
−5.00%
Financials
FRevenue, profit & margin
P/E ratio
5.9×
RECLTD is 66% below the sector median of 17.2×
RECLTD5.9×
Sector median17.2×
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 11,104 | 11,688 | 12,052 | 12,677 | 13,079 | 13,682 | 14,272 | 15,334 | 14,737 | 15,153 | 15,051 | 14,564 | 14,435 | |
| Interest | 7,049 | 7,350 | 7,654 | 7,896 | 8,020 | 8,506 | 8,837 | 8,768 | 8,934 | 9,131 | 9,243 | 8,931 | 8,748 | |
| Expenses | 332 | -492 | 240 | -425 | 717 | 97 | 263 | 1,084 | 217 | 476 | 655 | 1,231 | 447 | |
| Financing Profit | 3,723 | 4,831 | 4,158 | 5,206 | 4,341 | 5,079 | 5,172 | 5,482 | 5,587 | 5,546 | 5,154 | 4,402 | 5,241 | |
| Financing Margin % | 34% | 41% | 34% | 41% | 33% | 37% | 36% | 36% | 38% | 37% | 34% | 30% | 36% | |
| Other Income | 4 | 13 | 20 | 29 | 14 | 24 | 15 | 15 | 87 | 10 | -11 | 20 | 35 | |
| Depreciation | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 7 | 7 | 7 | 7 | 7 | |
| Profit before tax | 3,721 | 4,838 | 4,172 | 5,229 | 4,349 | 5,097 | 5,181 | 5,490 | 5,666 | 5,549 | 5,136 | 4,415 | 5,268 | |
| Tax % | 20% | 22% | 21% | 22% | 20% | 21% | 21% | 21% | 21% | 20% | 21% | 24% | 20% | |
| Net Profit | 2,968 | 3,790 | 3,308 | 4,079 | 3,460 | 4,038 | 4,076 | 4,310 | 4,466 | 4,415 | 4,052 | 3,375 | 4,193 | |
| EPS in Rs | 11.27 | 14.39 | 12.56 | 15.49 | 13.14 | 15.33 | 15.48 | 16.37 | 16.96 | 16.77 | 15.39 | 12.82 | 15.92 | |
| Gross NPA % | ||||||||||||||
| Net NPA % | ||||||||||||||
| Raw PDF |
Earnings
EResults dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move +0.68% · closed higher next day 36 of last 60
| Q2FY24 | Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25 | Q1FY26 | Q2FY26 | Q3FY26† | Q4FY26† | Q1FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 1 Nov '23◦ | 24 Jan '24 | 1 May '24◦ | 27 Jul '24◦ | 26 Oct '24◦ | 6 Feb '25◦ | 8 May '25◦ | 24 Jul '25◦ | 17 Oct '25◦ | 3 Feb '26◦ | 28 Apr '26 | 24 Jul '26◦ |
| Earnings day | +6.91% | +7.53% | +9.14% | +2.99% | +3.08% | +1.62% | −2.08% | −1.02% | −0.07% | +2.44% | −0.60% | — |
| +1 day | +7.42% | +8.14% | +9.91% | +2.60% | +7.78% | −2.46% | +5.16% | −3.04% | −0.01% | +2.58% | −3.84% | — |
| +5 days | +12.43% | +13.69% | +0.75% | −7.48% | +3.54% | −9.79% | +3.58% | −4.00% | +2.83% | −4.98% | −5.01% | — |
| +15 days | +19.48% | +11.18% | +5.88% | −4.15% | −3.36% | −12.98% | +2.52% | −6.56% | −4.24% | −4.97% | −11.92% | — |
| +30 days | +53.83% | +8.78% | +2.76% | −7.79% | +10.15% | +1.98% | +0.52% | −9.09% | −5.92% | −10.50% | −10.90% | — |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
CLast 6 months| Kind | Value | Ex-date | Record |
|---|---|---|---|
| dividend Interim Dividend - Rs 3.20 Per Share | 3.20 | 20 Mar '26 | 20 Mar '26 |
| dividend Interim Dividend - Rs 4.60 Per Share | 4.60 | 6 Feb '26 | 6 Feb '26 |
Results analysis
Shareholding
Sas of Jun 202652.63%Promoter
Promoters52.63%
FIIs15.76%0.03
DIIs16.98%0.62
Public14.57%0.60
Government0.05%
Ownership trend
Peers
P7 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| Power Fin.Corpn. | ₹411.90 | 5.25 | 1,35,931 | 4.50% | 8,598 | +10.81% | 28,920 | −1.18% | 9.71% |
| I R F C | ₹87.62 | 16.34 | 1,14,506 | 2.40% | 1,684 | +0.15% | 7,336 | +9.11% | 5.64% |
| REC Ltd | ₹361.60 | 5.93 | 95,217 | 4.98% | 4,193 | −6.11% | 14,435 | −2.05% | 9.71% |
| H U D C O | ₹195.54 | 9.71 | 39,191 | 2.33% | 1,981 | +172.26% | 3,563 | +25.23% | 8.41% |
| Indian Renewable | ₹120.48 | 18.07 | 33,854 | 0.50% | 493 | −1.80% | 2,175 | +14.22% | 8.69% |
| IFCI | ₹70.12 | 102.36 | 18,893 | 0.00% | 34 | −93.52% | 470 | +13.74% | 5.03% |
| Tour. Fin. Corp. | ₹87.27 | 26.22 | 4,041 | 0.69% | 61 | +100.29% | 81 | +27.17% | 11.13% |
| Median: 8 Co. | ₹104.05 | 17.20 | 36,523 | 1.51% | 1,089 | −0.83% | 2,869 | +13.98% | 8.55% |
Filings
DAnnual reports15
Financial Year 2025bseFinancial Year 2024bseFinancial Year 2023bseFinancial Year 2022bseFinancial Year 2021bseFinancial Year 2020bseFinancial Year 2019bseFinancial Year 2018bseFinancial Year 2017bseFinancial Year 2016bseFinancial Year 2015bseFinancial Year 2014bseFinancial Year 2013nseFinancial Year 2013bseFinancial Year 2012bse
Concall transcripts47
PPTApr 2026PPTJan 2026TranscriptNov 2025PPTNov 2025RECNov 2025TranscriptAug 2025PPTAug 2025RECAug 2025TranscriptMay 2025PPTMay 2025RECMay 2025TranscriptFeb 2025PPTFeb 2025RECFeb 2025TranscriptNov 2024PPTNov 2024RECNov 2024TranscriptAug 2024PPTAug 2024PPTJul 2024TranscriptMay 2024PPTMay 2024TranscriptJan 2024PPTJan 2024
Credit ratings6
Announcements5
Press Release- Financial Results 33m - REC reported Q1 FY27 results, net profit up 23% to ₹4,149 crore, declared ₹4.25 interim dividend.Final Dividend For The Financial Year 2025-26. 58m1St Interim Dividend For The Financial Year 2026-27. 1hFinancial Results For The Quarter Ended June 30, 2026. 1hBoard Meeting Outcome for Outcome Of Board Meeting Held On July 24, 2026. 2h - REC reported Q1 FY27 results, declared ₹4.25 interim dividend, fixed July 31 record date, appointed two directors.