REC Limited
RECLTDREC Limited
RECLTD
Price Chart
Scorecard
Performance
HighThe creamy layer - amongst the top performing stocks
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
AvgAverage profitability - not good, not bad
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 11.32 | 2.75 | 2.63% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 17.94 | 2.65 | 0.82% |
Forecast & Ratings
Detailed Forecast from 5 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
REC is engaged in other financial services and activities-other Credit granting
Peers
Compare with peersIndian Railway Finance Corp Ltd
Power Finance Corporation Ltd
Rail Vikas Nigam Ltd
Indian Renewable Energy Development Agency Ltd
Housing and Urban Development Corporation Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 24,129.93 | 24,361.23 | 22,677.06 | 25,441.28 | 30,016.19 | 35,575.56 | 39,339.20 | 39,520.16 | 47,571.23 | 47,571.23 | ||||||||||
Raw Materials | — | — | — | — | — | — | — | — | 29,587.30 | 29,587.30 | ||||||||||
| Power & Fuel Cost | — | — | — | — | — | — | — | — | ||||||||||||
| Employee Cost | 143.19 | 192.75 | 184.04 | 177.37 | 193.15 | 163.62 | 180.84 | 204.10 | ||||||||||||
| Selling & Administrative Expenses | 410.80 | 481.73 | 209.36 | 623.38 | 205.21 | 502.51 | 954.68 | 1,272.97 | ||||||||||||
| Operating & Other expenses | 15,409.61 | 14,674.06 | 16,319.21 | 16,541.80 | 22,576.08 | 24,118.98 | 25,754.91 | 24,121.16 | ||||||||||||
EBITDA | 8,166.33 | 9,012.69 | 5,964.45 | 8,098.73 | 7,041.75 | 10,790.45 | 12,448.77 | 13,921.93 | 17,983.93 | 17,983.93 | ||||||||||
| Depreciation/Amortization | 19.67 | 40.33 | 6.93 | 8.29 | 11.77 | 10.86 | 18.24 | 24.26 | 23.99 | 23.99 | ||||||||||
| PBIT | 8,146.66 | 8,972.36 | 5,957.52 | 8,090.44 | 7,029.98 | 10,779.59 | 12,430.53 | 13,897.67 | 17,959.94 | 17,959.94 | ||||||||||
| Interest & Other Items | — | — | — | — | — | — | — | — | — | — | ||||||||||
| PBT | 8,146.66 | 8,972.36 | 5,957.52 | 8,090.44 | 7,029.98 | 10,779.59 | 12,430.53 | 13,897.67 | 17,959.94 | 17,959.94 | ||||||||||
| Taxes & Other Items | 2,455.24 | 2,658.99 | 1,507.00 | 2,349.06 | 2,057.71 | 2,401.35 | 2,394.83 | 2,730.69 | 3,814.48 | 3,814.48 | ||||||||||
| Net Income | 5,691.42 | 6,313.37 | 4,450.52 | 5,741.38 | 4,972.27 | 8,378.24 | 10,035.70 | 11,166.98 | 14,145.46 | 14,145.46 | ||||||||||
| EPS | 21.61 | 23.98 | 16.90 | 21.80 | 18.88 | 31.82 | 38.11 | 42.41 | 53.59 | 53.72 | ||||||||||
| DPS | 6.41 | 7.24 | 6.86 | 8.25 | 8.25 | 9.53 | 11.48 | 12.60 | 16.00 | 15.35 | ||||||||||
| Payout ratio | 0.30 | 0.30 | 0.41 | 0.38 | 0.44 | 0.30 | 0.30 | 0.30 | 0.30 | 0.29 |
Company Updates
Peers & Comparison
FinancialsSpecialized Finance
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| REC Limited | 11.32 | 2.75 | 2.63% |
| Indian Railway Finance Corp Ltd | 37.41 | 5.28 | 0.82% |
| Power Finance Corporation Ltd | 8.77 | 1.55 | 2.57% |
| Rail Vikas Nigam Ltd | 76.24 | 16.39 | 0.37% |
Price Comparison
Compare RECLTD with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding REC Limited
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
HDFC Balanced Advantage Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.6574% | Percentage of the fund’s portfolio invested in the stock 1.22% | Change in the portfolio weight of the stock over the last 3 months -0.66% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 14/299 (-3) |
HDFC Mid-Cap Opportunities Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.4894% | Percentage of the fund’s portfolio invested in the stock 1.11% | Change in the portfolio weight of the stock over the last 3 months -0.83% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 23/76 (-10) |
Kotak Equity Arbitrage Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.3360% | Percentage of the fund’s portfolio invested in the stock 1.12% | Change in the portfolio weight of the stock over the last 3 months 0.65% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 14/188 (+26) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
Increasing Dividends
RECLTD has increased dividends consistently over the last 5 years
Dividend Yield
Current dividend yield is 2.63%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹26.32 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJun 28, 2024
Dividend/Share
₹5.00
Ex DateEx Date
Jun 28, 2024
Cash Dividend
Ex DateEx DateMar 28, 2024
Dividend/Share
₹4.50
Ex DateEx Date
Mar 28, 2024
Cash Dividend
Ex DateEx DateNov 13, 2023
Dividend/Share
₹3.50
Ex DateEx Date
Nov 13, 2023
Cash Dividend
Ex DateEx DateAug 14, 2023
Dividend/Share
₹3.00
Ex DateEx Date
Aug 14, 2023
Cash Dividend
Ex DateEx DateJul 14, 2023
Dividend/Share
₹4.35
Ex DateEx Date
Jul 14, 2023
REC Ltd soars 2.76%, rises for third straight session
REC Ltd rose for a third straight session today. The stock is quoting at Rs 624.8, up 2.76% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.27% on the day, quoting at 24715.05. The Sensex is at 80979.62, up 1.17%. REC Ltd has added around 19.04% in last one month. Meanwhile, Nifty Financial Services index of which REC Ltd is a constituent, has added around 1.77% in last one month and is currently quoting at 23049.5, up 0.68% on the day. The volume in the stock stood at 70.32 lakh shares today, compared to the daily average of 171.21 lakh shares in last one month. The benchmark August futures contract for the stock is quoting at Rs 622.65, up 2.26% on the day. REC Ltd is up 231.99% in last one year as compared to a 25.71% gain in NIFTY and a 13.87% gain in the Nifty Financial Services index.The PE of the stock is 11.41 based on TTM earnings ending March 24.Powered by Capital Market - Live
REC announced that the 55th Annual General Meeting (AGM) of the company will be held on 20 August 2024.Powered by Capital Market - Live
REC Ltd slips for fifth straight session
REC will hold a meeting of the Board of Directors of the Company on 27 July 2024.Powered by Capital Market - Live
REC Ltd spurts 0.45%, rises for fifth straight session
REC Ltd rises for third straight session
REC loan sanctions grow 24% to Rs 1.12 trn in Q1; Rs 40k cr for renewables
REC Ltd up for third straight session
REC Ltd gains for fifth session
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 13.33%, vs industry avg of 12.59%
Increasing Market Share
Over the last 5 years, market share increased from 21.09% to 23.06%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 19.76%, vs industry avg of 18.42%