REC Ltd

When is the next results date for REC Ltd?

No Upcoming Board Meetings

Who are in the management team of REC Ltd?

As of March 2023, the management team of REC Ltd includes Vivek Kumar Dewangan (Chairman & Managing Director), Vijay Kumar Singh (Executive Director, Technical), Ajoy Choudhury (Executive Director, Finance), and several independent and nominee directors. They are responsible for the company's strategic direction and operations.

As of March 2023, the management team of REC Ltd includes the following members:<BR><BR>1. Vivek Kumar Dewangan - Chairman & Managing Director<BR>2. Vijay Kumar Singh - Executive Director (Technical)<BR>3. Ajoy Choudhury - Executive Director (Finance)<BR>4. Piyush Singh - Nominee (Govt)<BR>5. Manoj Sharma - Nominee<BR>6. Gambheer Singh - Independent Director<BR>7. Manoj Manohar Pande - Independent Director<BR>8. Durgesh Nandini Tiwari - Independent Director<BR>9. Narayanan Thirupathy - Independent Director<BR>10. Parminder Chopra - Nominee<BR>11. J S Amitabh - Company Secretary<BR><BR>This team is responsible for guiding the strategic direction and operations of the company.

What does REC Ltd do?

REC Ltd is a Navratna Central Public Sector Enterprise under the Ministry of Power, providing financial assistance in the power sector. As of March 2025, it reported net sales of ₹15,334 Cr and a net profit of ₹4,310 Cr, with a market cap of ₹109,542 Cr.

Overview: <BR>REC Ltd is a Navratna Central Public Sector Enterprise under the Ministry of Power, engaged in extending financial assistance across the power sector value chain, operating within the finance industry and classified as a large-cap company.<BR><BR>History: <BR>REC Ltd was incorporated as a government enterprise and has maintained its status as a Navratna company. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 15,334 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 4,310 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 109,542 Cr (Large Cap)<BR><BR>Key Metrics: <BR>P/E: 7.00 <BR>Industry P/E: 23 <BR>Dividend Yield: 5.06% <BR>Debt Equity: 6.33 <BR>Return on Equity: 20.27% <BR>Price to Book: 1.35 <BR><BR>Contact Details: <BR>Address: Core-4 SCOPE Complex, 7 Lodi Road New Delhi New Delhi : 110003 <BR>Tel: 91-11-24365161 <BR>Email: complianceofficer@recl.in <BR>Website: http://www.recindia.gov.in

What is the bonus history of the REC Ltd?

REC Ltd's recent bonus history includes a 1:3 bonus issued on August 17, 2022, and a 1:1 bonus issued on September 28, 2016, demonstrating the company's commitment to rewarding shareholders.

REC Ltd has a notable bonus history. The most recent bonus issue was a 1:3 bonus, which was announced with an ex-date of August 17, 2022, and the record date was August 18, 2022. Prior to that, the company issued a 1:1 bonus on September 28, 2016, with a record date of September 29, 2016. This reflects REC Ltd's commitment to rewarding its shareholders through bonus shares over the years.

Has REC Ltd declared dividend?

Yes, REC Ltd has declared a dividend of 36% (₹3.6 per share) with an ex-date of March 26, 2025. Despite recent short-term declines, the company has shown strong total returns over the past 2 to 5 years.

REC Ltd has declared a dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 36%<BR>- Amount per share: 3.6<BR>- Ex-date: 26 Mar 25<BR><BR>Dividend Yield: 5.06%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, REC Ltd experienced a price return of -25.83%, a dividend return of 1.40%, resulting in a total return of -24.43%.<BR><BR>Over the past year, the company saw a price return of -15.35%, a dividend return of 4.00%, leading to a total return of -11.35%.<BR><BR>In the 2-year period, REC Ltd reported a remarkable price return of 183.65%, with a dividend return of 23.33%, culminating in a total return of 206.98%.<BR><BR>For the 3-year period, the price return was 378.56%, the dividend return was 56.31%, resulting in an impressive total return of 434.87%.<BR><BR>In the last 4 years, the company achieved a price return of 267.14%, with a dividend return of 56.96%, leading to a total return of 324.1%.<BR><BR>Over the past 5 years, REC Ltd experienced a price return of 453.56%, a dividend return of 88.35%, resulting in a total return of 541.91%.<BR><BR>Overall, REC Ltd has declared a significant dividend while also demonstrating strong total returns over longer periods, particularly in the 2-year to 5-year spans, indicating a positive performance trajectory despite recent short-term declines.

Who are the peers of the REC Ltd?

Peers of REC Ltd include I R F C, Power Fin. Corpn., HUDCO, Indian Renewable, CreditAcc. Gram., IFCI, Muthoot Microfin, Tour. Fin. Corp., and Spandana Sphoort. REC Ltd has average management risk and growth, with a 1-year return of -33.67%, higher than Spandana Sphoort but lower than IFCI's 8.56%.

Peers: The peers of REC Ltd are I R F C, Power Fin.Corpn., HUDCO, Indian Renewable, CreditAcc. Gram., IFCI, Muthoot Microfin, Tour. Fin. Corp., and Spandana Sphoort.<BR><BR>Quality Snapshot: Excellent management risk is observed at Power Fin.Corpn. and REC Ltd, while Average management risk is found at I R F C, HUDCO, Indian Renewable, Muthoot Microfin, and Spandana Sphoort, and the rest. Good management risk is noted at CreditAcc. Gram., while Below Average management risk is seen at IFCI and Tour. Fin. Corp. In terms of Growth, Excellent growth is seen at Indian Renewable, Average growth is noted at Power Fin.Corpn. and REC Ltd, while Below Average growth is found at HUDCO, Spandana Sphoort, IFCI, and Tour. Fin. Corp., and the rest. Capital Structure ratings show Excellent at HUDCO, CreditAcc. Gram., Muthoot Microfin, and Tour. Fin. Corp., Good at REC Ltd and Indian Renewable, while Average is seen at I R F C, Power Fin.Corpn., and Spandana Sphoort, and Below Average at IFCI.<BR><BR>Return Snapshot: The peer with the highest 1-year return is IFCI at 8.56%, while the lowest is Spandana Sphoort at -66.07%. REC Ltd's 1-year return is -33.67%, which is higher than Spandana Sphoort's but lower than IFCI's. Additionally, the six-month return is negative for I R F C, Power Fin.Corpn., REC Ltd, Muthoot Microfin, Spandana Sphoort, and Satin Creditcare.

Who are the top shareholders of the REC Ltd?

The top shareholders of REC Ltd include Power Finance Corporation Ltd with 52.63%, Foreign Institutional Investors at 20.48%, mutual funds holding 8.85%, individual investors at 9.94%, and Nippon Life India Trustee Ltd with 1.38%. There are no pledged promoter holdings.

The top shareholders of REC Ltd include the following:<BR><BR>1. **Power Finance Corporation Ltd** - This entity holds the largest stake among promoters, with a significant ownership of 52.63%.<BR>2. **Foreign Institutional Investors (FIIs)** - They collectively hold 20.48% of the company's shares, represented by 824 different FIIs.<BR>3. **Mutual Funds** - A total of 40 mutual fund schemes hold 8.85% of the shares.<BR>4. **Individual Investors** - They account for 9.94% of the shareholding.<BR>5. **Highest Public Shareholder** - Nippon Life India Trustee Ltd, acting on behalf of Nippon India Growth Fund, holds 1.38%.<BR><BR>There are no pledged promoter holdings, indicating a strong position among the major shareholders.

How big is REC Ltd?

As of 24th July, REC Ltd has a market capitalization of 106,066.00 Cr, with recent net sales of 56,366.55 Cr and a net profit of 15,884.24 Cr. The company reported shareholder's funds of 69,350.25 Cr and total assets of 5,45,690.13 Cr.

As of 24th July, REC Ltd has a market capitalization of 106,066.00 Cr, categorizing it as a Large Cap company.<BR><BR>In the latest four quarters, REC Ltd reported Net Sales of 56,366.55 Cr and a Net Profit of 15,884.24 Cr.<BR><BR>For the latest annual period, the company reported Shareholder's Funds of 69,350.25 Cr and Total Assets amounting to 5,45,690.13 Cr.

Is REC Ltd overvalued or undervalued?

As of November 18, 2025, REC Ltd is considered overvalued with a PE Ratio of 5.47, an EV to EBIT of 10.53, and a Dividend Yield of 5.49%, despite a low PEG Ratio of 0.34 suggesting potential undervaluation relative to growth, while it has underperformed the Sensex with a year-to-date return of -28.28%.

As of 18 November 2025, the valuation grade for REC Ltd has moved from fair to expensive. This indicates that the company is currently overvalued. Key financial ratios include a PE Ratio of 5.47, an EV to EBIT of 10.53, and a Dividend Yield of 5.49%. <BR><BR>In comparison to peers, REC Ltd's PE Ratio is significantly lower than that of Bajaj Finance, which stands at 34.46, and higher than Life Insurance, which has a PE of 11.34. The PEG Ratio of REC Ltd at 0.34 suggests it may be undervalued relative to its growth, but the overall valuation indicates it is overvalued compared to its peers. Additionally, REC Ltd has underperformed against the Sensex with a year-to-date return of -28.28% compared to the Sensex's 8.36%.

How has been the historical performance of REC Ltd?

REC Ltd has shown consistent growth in net sales, profits, and earnings per share from Mar'19 to Mar'25, with net sales increasing from 25,399.02 Cr to 56,366.55 Cr and profit after tax rising from 5,731.43 Cr to 15,884.23 Cr. However, despite this growth, cash flow from operating activities remained negative, indicating potential liquidity challenges.

Answer:<BR>The historical performance of REC Ltd shows a consistent growth in net sales and profits over the years, with net sales increasing from 25,399.02 Cr in Mar'19 to 56,366.55 Cr in Mar'25. The total operating income followed a similar trend, rising from 25,399.02 Cr in Mar'19 to 56,366.55 Cr in Mar'25. Operating profit (PBDIT) also saw significant growth, reaching 54,273.46 Cr in Mar'25 from 23,727.98 Cr in Mar'19. Profit before tax increased from 8,080.49 Cr in Mar'19 to 20,117.47 Cr in Mar'25, while profit after tax rose from 5,731.43 Cr to 15,884.23 Cr in the same period. The earnings per share (EPS) improved from 29.07 in Mar'19 to 60.32 in Mar'25, reflecting strong profitability. On the balance sheet, total liabilities increased from 3,44,979.51 Cr in Mar'20 to 6,11,633.13 Cr in Mar'25, with total assets also rising from 3,44,979.51 Cr to 6,11,633.13 Cr. However, cash flow from operating activities remained negative, indicating challenges in cash generation despite the growth in profits.<BR><BR>Breakdown:<BR>REC Ltd has demonstrated robust growth in its financial metrics over the years, with net sales climbing steadily from 25,399.02 Cr in Mar'19 to 56,366.55 Cr in Mar'25, indicating a strong upward trend in revenue generation. The total operating income mirrored this growth, reaching 56,366.55 Cr in Mar'25. Operating profit (PBDIT) also saw a significant increase, from 23,727.98 Cr in Mar'19 to 54,273.46 Cr in Mar'25, showcasing improved operational efficiency. Profit before tax and profit after tax followed suit, with figures rising from 8,080.49 Cr to 20,117.47 Cr and from 5,731.43 Cr to 15,884.23 Cr, respectively. The earnings per share (EPS) reflected this profitability surge, increasing from 29.07 to 60.32. On the balance sheet, total liabilities and total assets both grew substantially, from 3,44,979.51 Cr to 6,11,633.13 Cr, indicating a significant expansion in the company's financial base. Despite these positive trends, the cash flow from operating activities remained negative, highlighting potential liquidity challenges amidst the growth in profits.

Is REC Ltd technically bullish or bearish?

As of December 3, 2025, REC Ltd. is in a bearish trend with moderate strength, indicated by bearish MACD, Bollinger Bands, and moving averages, despite some mixed signals from the KST.

As of 3 December 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include a bearish MACD on the weekly chart, bearish Bollinger Bands on both weekly and monthly time frames, and a bearish moving average on the daily chart. Additionally, the Dow Theory indicates a mildly bearish trend on both weekly and monthly bases, while the KST shows mixed signals with a mildly bullish weekly reading but mildly bearish monthly. Overall, the combination of these indicators suggests a prevailing bearish sentiment for REC Ltd.

Are REC Ltd latest results good or bad?

REC Ltd's latest results show revenue growth with a 10.75% increase in interest income, but declining profitability margins and a 1.14% drop in net profit quarter-on-quarter raise concerns. While the company has a strong return on equity and attractive dividend yield, the overall mixed performance suggests caution for investors.

REC Ltd's latest results present a mixed picture. On one hand, the company has shown growth in its top line, with interest income increasing by 10.75% year-on-year to ₹15,152.67 crores. However, profitability margins are under pressure, as evidenced by a decline in net interest margin from 30.30% in the previous quarter to 29.14%. This marks the second consecutive quarter of margin erosion, raising concerns about the sustainability of its growth trajectory.<BR><BR>Net profit for the quarter stood at ₹4,414.93 crores, reflecting a year-on-year increase of 9.34%, but it declined by 1.14% compared to the previous quarter. Additionally, the stock has significantly underperformed the broader market, with a decline of 13.75% over the past year, while the Sensex gained 7.88%.<BR><BR>Overall, while REC Ltd is growing its revenue, the declining profitability and ongoing margin compression are concerning factors that could impact investor sentiment. The company’s strong return on equity of 20.68% and attractive dividend yield of 5.25% are positives, but the recent financial trends suggest caution for investors.

Should I buy, sell or hold REC Ltd?

Which are the latest news on REC Ltd?

Why is REC Ltd falling/rising?

As of 02-Feb, REC Ltd's stock price is rising to 363.10, reflecting a 1.23% increase due to a trend reversal and strong investor interest, evidenced by a 168.84% rise in delivery volume. However, the stock has underperformed over the past year, which may impact long-term sentiment despite the current positive momentum.

As of 02-Feb, REC Ltd's stock price is rising, currently at 363.10, with a change of 4.4 (1.23%) upward. This increase can be attributed to several factors. Firstly, the stock has shown a trend reversal, gaining after three consecutive days of decline. Additionally, it outperformed its sector by 0.65% today, indicating stronger performance relative to its peers.<BR><BR>The stock also reached an intraday high of Rs 368.45, reflecting positive investor sentiment. Notably, there has been a significant increase in investor participation, with delivery volume rising by 168.84% against the five-day average, suggesting heightened interest in the stock. Furthermore, the high dividend yield of 5.49% at the current price may attract income-focused investors.<BR><BR>Despite these positive indicators, it is essential to consider the broader context. Over the past year, REC Ltd has underperformed the market, generating a return of -15.17% compared to the Sensex's gain of 5.37%. The company's recent financial results showed a decline in profit after tax and earnings per share, which could weigh on investor sentiment in the long term. However, the current rise in stock price appears to be driven by short-term factors such as increased trading volume and a rebound from previous losses.