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REC Limited

RECLTD

REC Limited

RECLTD
FinancialsSpecialized Finance
LargecapWith a market cap of ₹1,07,870 cr, stock is ranked 74
High RiskStock is 3.62x as volatile as Nifty
391.650.00% (+0.00)
391.650.00% (+0.00)

Price Chart

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FinancialsSpecialized Finance
LargecapWith a market cap of ₹1,07,870 cr, stock is ranked 74
High RiskStock is 3.62x as volatile as Nifty

How to use scorecard? Learn more

FinancialsSpecialized Finance
LargecapWith a market cap of ₹1,07,870 cr, stock is ranked 74
High RiskStock is 3.62x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
6.891.563.91%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
16.742.331.03%

Forecast & Ratings

Detailed Forecast 
100%
Analysts have suggested that investors can buy this stock

from 11 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

REC is engaged in other financial services and activities-other Credit granting

Investor Presentation

View older 

Feb 7, 2025

PDF
View Older Presentations
PE Ratio
25.80
1Y Return
21.10%
Buy Reco %
0.00
PE Ratio
6.42
1Y Return
14.57%
Buy Reco %
100.00
PE Ratio
50.23
1Y Return
44.63%
Buy Reco %
0.00
PE Ratio
38.00
1Y Return
0.29%
Buy Reco %
50.00
PE Ratio
18.21
1Y Return
7.25%
Buy Reco %
100.00
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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 13.33%, vs industry avg of 12.69%

Increasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 20.87% to 22.05%

Higher than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 19.76%, vs industry avg of 18.31%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue24,129.9324,361.2322,677.0625,441.2830,016.1935,575.5639,339.2039,520.1647,571.2353,792.32
Raw Materialssubtract—————————33,911.02
Power & Fuel Costsubtract—————————
Employee Costsubtract143.19192.75184.04177.37193.15163.62180.84204.10238.03
Selling & Administrative Expensessubtract410.80481.73209.36623.38205.21502.51954.681,277.27482.60
Operating & Other expensessubtract15,409.6114,674.0616,319.2116,541.8022,576.0824,118.9825,754.9124,116.8628,866.67
Depreciation/Amortizationsubtract19.6740.336.938.2911.7710.8618.2424.2623.9924.23
Interest & Other Itemssubtract——————————
Taxes & Other Itemssubtract2,455.242,658.991,507.002,349.062,057.712,401.352,394.832,730.693,814.484,203.72
EPS21.6123.9816.9021.8018.8831.8238.1142.4153.7259.45
DPS6.417.246.868.258.259.5311.4812.6016.0017.00
Payout ratio0.300.300.410.380.440.300.300.300.300.29

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2025

Annual Report Pending

Investor Presentation

Feb 7PDF
 

Peers & Comparison

Comparing 3 stocks from 
FinancialsSpecialized Finance

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
REC Limited7.631.563.91%
Indian Railway Finance Corp Ltd25.803.361.19%
Power Finance Corporation Ltd6.420.943.51%
Rail Vikas Nigam Ltd50.239.040.56%

Price Comparison

Compare RECLTD with any stock or ETF
Compare RECLTD with any stock or ETF
RECLTD
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding52.63%8.45%5.45%21.73%11.73%

Mar 2024

Jun 2024

Sep 2024

Dec 2024

Shareholding History

SepDec '23MarJunSepDec '2420.36%20.60%19.92%20.43%21.23%21.73%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 5 Mutual Funds holding REC Limited




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
0.8129%0.92%-0.23%16/306 (0)
0.4502%0.84%0.20%62/225 (+10)
0.4170%1.36%-0.18%19/103 (-7)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

Increasing Dividends

Dividends are the portion of earnings that a company distributes to all its shareholders every year

RECLTD has increased dividends consistently over the last 5 years

Dividend Yield

Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 3.91%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹39.06 every year

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateFeb 14, 2025

Interim 3
Interim 3 | Div/Share: ₹4.30

Dividend/Share

₹4.30

Ex DateEx Date

Feb 14, 2025

Cash Dividend

Ex DateEx DateNov 8, 2024

Interim 2
Interim 2 | Div/Share: ₹4.00

Dividend/Share

₹4.00

Ex DateEx Date

Nov 8, 2024

Cash Dividend

Ex DateEx DateAug 9, 2024

Interim
Interim | Div/Share: ₹3.50

Dividend/Share

₹3.50

Ex DateEx Date

Aug 9, 2024

Cash Dividend

Ex DateEx DateJun 28, 2024

Final
Final | Div/Share: ₹5.00

Dividend/Share

₹5.00

Ex DateEx Date

Jun 28, 2024

Cash Dividend

Ex DateEx DateMar 28, 2024

Interim 3
Interim 3 | Div/Share: ₹4.50

Dividend/Share

₹4.50

Ex DateEx Date

Mar 28, 2024

News & Opinions
Corporate
Board of REC recommends 3rd interim dividend

REC announced that the Board of Directors of the Company at its meeting held on 6 February 2025, inter alia, have recommended the 3rd interim dividend of Rs 4.3 per equity Share (i.e. 43%) , subject to the approval of the shareholders.Powered by Capital Market - Live

1 week agoCapital Market - Live
Earnings
REC consolidated net profit rises 23.21% in the December 2024 quarter

Net profit of REC rose 23.21% to Rs 4076.35 crore in the quarter ended December 2024 as against Rs 3308.42 crore during the previous quarter ended December 2023. Sales rose 18.42% to Rs 14271.92 crore in the quarter ended December 2024 as against Rs 12051.77 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales14271.9212051.77 18 OPM %98.1698.01 - PBDT5187.284177.69 24 PBT5180.974171.69 24 NP4076.353308.42 23 Powered by Capital Market - Live

1 week agoCapital Market - Live
Spotlight
REC Q3 PAT climbs 23% YoY to Rs 4,076 cr; declares dividend of Rs 4.30/sh

Total income stood at Rs 14,286.91 crore in the quarter ended 31 December 2024, up 18.35% from Rs 12,071.54 crore reported in the same period a year ago. Profit before tax stood at Rs 5,180.97 crore in Q3 FY25, up 24.19% as against Rs 4,171.69 crore recorded in Q3 FY24. Total expenses climbed 15.27% YoY to Rs 9,105.94 crore during the quarter. Finance cost was at Rs 8,837.02 crore (up 15.46% YoY), and employee benefits expense was at Rs 54.83 crore (down 21.03% YoY). On a nine-month basis, the company's consolidated net profit rose 14.98% to Rs 11,574.25 crore on 17.84% increase in total income to Rs 41,085.66 crore in 9M FY25 over 9M FY24. Meanwhile, the company's board has declared an interim dividend of Rs 4.30 per equity share for the financial year 2024-2025. The record date fixed for the payment of the interim dividend is 14 February 2025. The date fixed for payment of dividend is on or before 6 March 2025. REC, a Navratna company under the Ministry of Power, provides financial assistance to the power sector in all segments. It funds its business with market borrowings of various maturities, including bonds and term loans, apart from foreign borrowings. Powered by Capital Market - Live

1 week agoCapital Market - Live
Spotlight
REC Ltd soars 2.42%, Gains for third straight session

REC Ltd is up for a third straight session in a row. The stock is quoting at Rs 451, up 2.42% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.94% on the day, quoting at 23468.7. The Sensex is at 77370.53, up 0.8%. REC Ltd has dropped around 10.79% in last one month. Meanwhile, Nifty Financial Services index of which REC Ltd is a constituent, has dropped around 1.72% in last one month and is currently quoting at 23133.7, up 0.34% on the day. The volume in the stock stood at 46.88 lakh shares today, compared to the daily average of 79.32 lakh shares in last one month. The benchmark February futures contract for the stock is quoting at Rs 449.7, up 2.18% on the day. REC Ltd is down 8.75% in last one year as compared to a 8.16% gain in NIFTY and a 13.14% gain in the Nifty Financial Services index.The PE of the stock is 7.87 based on TTM earnings ending September 24.Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Corporate
REC schedules board meeting

REC will hold a meeting of the Board of Directors of the Company on 6 February 2025.Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Spotlight
REC Ltd spurts 1.59%, up for third straight session

REC Ltd rose for a third straight session today. The stock is quoting at Rs 486.25, up 1.59% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.44% on the day, quoting at 23314.5. The Sensex is at 77056.18, up 0.43%. REC Ltd has dropped around 11.68% in last one month. Meanwhile, Nifty Financial Services index of which REC Ltd is a constituent, has dropped around 6.26% in last one month and is currently quoting at 22680.1, up 1.26% on the day. The volume in the stock stood at 33.89 lakh shares today, compared to the daily average of 77.27 lakh shares in last one month. The benchmark January futures contract for the stock is quoting at Rs 488.1, up 1.53% on the day. REC Ltd is up 14.04% in last one year as compared to a 8.08% gain in NIFTY and a 11.87% gain in the Nifty Financial Services index.The PE of the stock is 8.55 based on TTM earnings ending September 24.Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
REC gains as loan disbursements climbs 18% YoY in Q3

Of this, renewable energy loans aggregated to Rs 6,314 crore, up 58.09% YoY in disbursals for Q3 FY24-25, compared with Rs 3,994 crore disbursed in Q3 FY23-24. For the nine months ended on 31 December 2024, REC has disbursed loans worth Rs 1,45,647 crore, up 19.3% YoY. The quantum of renewable energy loans stood at Rs 17,612 crore, up 78.68% YoY. REC, a Navratna company under the Ministry of Power, provides financial assistance to the power sector in all segments. It funds its business with market borrowings of various maturities, including bonds and term loans, apart from foreign borrowings. REC reported a 6.54% rise in consolidated net profit to Rs 4,037.72 crore on a 17.23% increase in revenue from operations to Rs 13,682.43 crore in Q2 FY25 over Q2 FY24. Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
REC Ltd up for third consecutive session

REC Ltd is up for a third straight session today. The stock is quoting at Rs 513.55, up 1.58% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.29% on the day, quoting at 24048.55078125. The Sensex is at 79487.22, up 1.25%. REC Ltd has slipped around 4.85% in last one month. Meanwhile, Nifty Financial Services index of which REC Ltd is a constituent, has slipped around 1.74% in last one month and is currently quoting at 23619.95, up 1.07% on the day. The volume in the stock stood at 46.9 lakh shares today, compared to the daily average of 61.45 lakh shares in last one month. The benchmark January futures contract for the stock is quoting at Rs 517, up 1.67% on the day. REC Ltd is up 21.25% in last one year as compared to a 11.76% jump in NIFTY and a 12.31% jump in the Nifty Financial Services index.The PE of the stock is 9.03 based on TTM earnings ending September 24.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
REC announces cessation of director

REC announced that the term of Dr. Durgesh Nandini as Part-time Non-Official (Independent) Director has ended on 26 December 2024 and she ceased to be Director of REC with effect from 27 December 2024. Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
REC incorporates WOS for RE projects in Madhya Pradesh

The newly incorporated entity, Rajgarh III Power Transmission is also a subsidiary of REC. The company has been incorporated for transmission system for evacuation of power from RE projects in Rajgarh (1500 MW) SEZ in Madhya Pradesh-Phase III. Rajgarh III Power Transmission has been incorporated on December 24, 2024 with a paid up capital of Rs 5 lakh. After selection of the successful bidder in accordance with the Tariff Based Competitive Bidding (TBCB) guidelines, said company would be transferred to the successful bidder along with all assets & liabilities. RECPDCL acts as the 'BPC' for selection of transmission service provider through TBCB process, for independent inter-state and intra-state transmission project assigned by the Ministry of Power and State Governments from time to time. REC, a Navratna company under the Ministry of Power, provides financial assistance to the power sector in all segments. It funds its business with market borrowings of various maturities, including bonds and term loans apart from foreign borrowings. REC reported 6.54% rise in consolidated net profit to Rs 4,037.72 crore on 17.23% increase in revenue from operations to 13,682.43 crore in Q2 FY25 over Q2 FY24. Powered by Capital Market - Live

1 month agoCapital Market - Live