Net profit increased 6% to ₹4,310 crores from ₹4,079 crores in Q4 FY24. Total income in Q4 FY25 increased 21% to ₹15,348 crores from ₹12,707 crores in the same period last year. For the financial year 2025, the company reported a net profit of ₹15,884 crores and a total income of ₹56,434 crores, compared with ₹14,145 crores and ₹47,571 crores recorded last year, respectively.
About REC Ltd
REC Ltd. (formerly Rural Electrification Corporation Limited) is a Navratna PSU. The company provides financial assistance to power sector entities. It was founded in the year 1969. REC has evolved from a rural electrification financier to become one of India's largest government-owned NBFCs over its many decades-long journey. The headquarters of the company is located in New Delhi. The company offers term loans for power projects, short-term loans, debt refinancing, and renewable energy project funding. REC operates in the Power Finance sector and serves as a crucial institution for India's power infrastructure development. +
The Current prices are delayed, log in for live prices
LOGINOver 1 Month
-1.22%
Over 6 Months
-28.28%
Over 1 Year
-23.95%
Over 3 Years
377.75%
REC Ltd Summary
Close ₹401.50
Open ₹402.70
High ₹403.75
Low ₹393.55
Volume 63,81,409
Net Turnover (in Cr) ₹255.06
52Wk High ₹654
52Wk Low ₹357.35
52Wk High / Low
357.35
654
REC Ltd Fundamentals
Key Financial Data
Market Cap (in Cr) ₹1,05,723.94
EPS (TTM) 59.67
Book Value (BV) 294.84
Div. Yield 4.48 %
P/E (TTM) 6.73
Price/Book Value 1.36
Delivery % 46.58 %
Face Value 10
Key Ratios
PE Ratio 8.47
PB Ratio 1.74
EV to Sales 11.91
PEG Ratio 0.32
ROA 2.73
ROE 22.17
Debt-Equity 6.54
Net Profit Margin 29.69
Operating Profit Margin 101.14
REC Ltd Financials
Profit and Loss
| Particulars (in ₹ Cr.) | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Total Revenue | 47,571.23 | 39,520.16 | 39,339.20 | 35,575.56 | 30,007.05 |
| Total Expenses | 29,611.29 | 25,622.49 | 26,896.86 | 24,794 | 22,986.21 |
| Profit Before Tax | 17,959.94 | 13,897.67 | 12,430.53 | 10,779.59 | 7,029.98 |
| Profit After Tax | 14,145.46 | 11,166.98 | 10,035.70 | 8,378.24 | 4,972.27 |
| Operating Profit After Depreciation | 17,959.94 | 13,897.67 | 12,442.34 | 10,781.56 | 7,020.84 |
Balance Sheet
| Particulars (in ₹ Cr.) | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Fixed Assets | 631.50 | 640.80 | 628.32 | 267.62 | 166.56 |
| Total Non Current Assets | 5,07,700.42 | 4,29,204.99 | 3,77,915.49 | 3,70,307.24 | 3,16,973.84 |
| Total Current Assets | 40,490.67 | 36,297.76 | 32,944.60 | 30,559.63 | 30,056.24 |
| Total Assets | 5,48,191.09 | 4,65,502.75 | 4,10,860.09 | 4,00,866.87 | 3,47,030.08 |
| Total Shareholder's Fund | 69,350.25 | 58,120.51 | 51,314.10 | 43,763.93 | 35,396.43 |
Cash Flow
| Particulars (in ₹ Cr.) | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Net Cash From Operating Activities | -57,722.65 | -37,359.77 | -818.53 | -43,512.33 | -32,711.91 |
| Net Cash Used In Investing Activities | -1,830.97 | -942.95 | -287.44 | 860.52 | 121.43 |
| Net Cash Used In Financing Activities | 59,587.83 | 38,122.84 | 67.72 | 42,113.34 | 33,926.20 |
Profit and Loss
| Particulars (in ₹ Cr.) | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Total Revenue | 47,214.15 | 39,252.73 | 39,230.45 | 35,410.44 | 29,829.13 |
| Total Expenses | 29,433.51 | 25,513.96 | 26,805.55 | 24,654.31 | 22,845.84 |
| Profit Before Tax | 17,780.64 | 13,738.77 | 12,424.90 | 10,756.13 | 6,983.29 |
| Profit After Tax | 14,019.21 | 11,054.64 | 10,045.92 | 8,361.78 | 4,886.16 |
| Operating Profit After Depreciation | 17,780.64 | 13,738.77 | 12,424.90 | 10,756.13 | 6,983.29 |
Balance Sheet
| Particulars (in ₹ Cr.) | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Fixed Assets | 630.73 | 640.53 | 627.92 | 266.99 | 162.57 |
| Total Non Current Assets | 5,07,652.14 | 4,29,142.13 | 3,77,857.24 | 3,70,211.64 | 3,16,881.23 |
| Total Current Assets | 39,788.25 | 35,735 | 32,555.37 | 30,021.55 | 29,606.36 |
| Total Assets | 5,47,440.39 | 4,64,877.13 | 4,10,412.61 | 4,00,233.19 | 3,46,487.59 |
| Total Shareholder's Fund | 68,783.15 | 57,679.67 | 50,985.60 | 43,426.37 | 35,076.56 |
Cash Flow
| Particulars (in ₹ Cr.) | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Net Cash From Operating Activities | -57,885.22 | -37,481.66 | -871.50 | -43,520.42 | -32,448.26 |
| Net Cash Used In Investing Activities | -1,875.19 | -803.87 | -210.32 | 863.83 | -135.73 |
| Net Cash Used In Financing Activities | 59,587.82 | 38,110.54 | 67.73 | 42,119.05 | 33,919.08 |
| Particulars (in ₹ Cr.) | 2025-03 | 2024-12 | 2024-09 | 2024-06 | 2024-03 |
|---|---|---|---|---|---|
| Total Revenue | 15,333.54 | 14,271.92 | 13,682.43 | 13,078.66 | 12,677.18 |
| Total Expenses | 9,851.99 | 9,099.63 | 8,602.94 | 8,737.29 | 7,471.16 |
| Profit Before Tax | -3,278.52 | -3,656.05 | -3,408.22 | -3,671.02 | -2,666.23 |
| Profit After Tax | 4,309.98 | 4,076.35 | 4,037.72 | 3,460.19 | 4,079.09 |
| Operating Profit after Depreciation | 5,496.38 | 5,187.28 | 5,103.37 | 4,355.15 | 5,235.50 |
| Particulars (in ₹ Cr.) | 2025-03 | 2024-12 | 2024-09 | 2024-06 | 2024-03 |
|---|---|---|---|---|---|
| Total Revenue | 15,159.44 | 14,157.19 | 13,571.18 | 13,023.31 | 12,613.14 |
| Total Expenses | 9,783.07 | 9,056.81 | 8,550.18 | 8,705.39 | 7,489.56 |
| Profit Before Tax | -3,385.26 | -3,727.67 | -3,466.92 | -3,695.35 | -2,748.28 |
| Profit After Tax | 4,236.20 | 4,029.09 | 4,005.47 | 3,442.45 | 4,016.30 |
| Operating Profit after Depreciation | 5,391.08 | 5,115.90 | 5,045.52 | 4,331.67 | 5,153.75 |
REC Ltd Technicals
Support and Resistance
S3 S2 S1 Pivot R1 R2 R3
S1 395.45
S2 389.40
S3 385.25
Pivot 399.60
R1 405.65
R2 409.80
R3 415.85
Moving Average
20 SMA 406.25
50 SMA 410.87
100 SMA 414.79
200 SMA 475.87
REC Ltd Corporate Actions
REC Ltd
₹3.6/Share
Announcement Date 26 Mar 2025
Record Date 26 Mar 2025
Div Yield 36%
REC Ltd Peer Comparison
| Company | Price | Market Cap (in Cr) |
|---|---|---|
| Bajaj Finance Ltd | ₹937.75 | ₹5,82,744.72 |
| Bajaj Finserv Ltd | ₹2,028.15 | ₹3,24,060.49 |
| Jio Financial Services Ltd | ₹294.20 | ₹1,86,913.62 |
| Indian Railway Finance Corporation Ltd | ₹139.95 | ₹1,82,893.74 |
| Bajaj Holdings & Investment Ltd | ₹13,973.25 | ₹1,55,508.30 |
REC Ltd Top Mutal Funds Invested
REC Ltd News
REC Ltd drops for fifth straight session
REC Ltd is quoting at Rs 401.6, down 0.27% on the day as on 13:19 IST on the NSE. The stock tumbled 23.93% in last one year as compared to a 5.84% rally in NIFTY and a 17.48% spurt in the Nifty Financial Services index.
16 Jun 2025, 01:35 pm
Stock Alert: REC, Gland Pharma, Sansera Engg, Force Motors, CESC
05 Jun 2025, 07:56 am
REC announces incorporation of Robertsganj Power Transmission
29 May 2025, 02:04 pm
Board of REC approves JV between REC Power Development and BHEL
At meeting held on 08 May 2025
08 May 2025, 08:33 pm
Board of REC recommends Final Dividend
Of Rs.2.60 per share
08 May 2025, 04:10 pm
REC Ltd Stock Analysis
- Annual revenue for REC Ltd increased by 20.28% to ₹47,214.15 crore in FY 2024 from ₹39,252.73 crore in FY 2023.
- Annual Net Profit for REC Ltd increased by 26.82% to ₹14,019.21 crore in FY 2024 from ₹11,054.64 crore in FY 2023.
- Promoter Shareholding in REC Ltd remains unchanged by 0.00% in the most recent quarter, from 52.63% in December 2024 to 52.63% in March 2025.
- REC Ltd delivered a 1-year return of -23.95% compared to the Nifty 50, which provided a return of 5.89% as of the last trading session.
- REC Ltd share price moved down by 0.41% from its previous close of INR ₹401.50. The latest REC Ltd share price is INR ₹399.85.
- REC Ltd share price today has been at a low of 397.20 and a high of 404. Over the past 52 weeks, the REC Ltd share price has seen a low of 357.35 and a high of 654.
About REC Ltd
REC Ltd. (formerly Rural Electrification Corporation Limited) is a Navratna Public Sector Enterprise. It provides crucial financial help to power sector entities for generation, transmission, distribution, and renewable energy projects. The company operates in the Power Finance sector and is one of India's largest government-owned Non-Banking Financial Companies (NBFCs).
Established in 1969, REC has been in business for many decades. The company is headquartered in New Delhi, India. REC was initially set up to finance rural electrification projects. Later, the company expanded its scope to cover the entire power sector.
The company's main products include term loans for power projects, short-term loans, and debt refinancing. It also offers equipment financing and renewable energy project funding. REC is among the top players in the power finance sector. However, it is the second-largest power sector financier after Power Finance Corporation (PFC) in terms of market capitalization.
The promoter shareholding of the company stands at 52.63%. Power Finance Corporation Limited holds this entire stake in the company. The registered office of the company is located at Core-4, SCOPE Complex, 7 Lodhi Road, New Delhi - 110003. Its registrar & share transfer agent is KFin Technologies Limited. The key managerial promoters of the company include:
Rural Electrification Impact REC's most significant influence has been in rural electrification. Since its inception, the company has been instrumental in bringing electricity to thousands of villages across India. REC has helped transform rural India by enabling access to electricity. This has brought economic change, improved education facilities, and enhanced the quality of life in rural areas. Thanks to its targeted financing and implementation support it has been particularly impactful in achieving the government's goal of 100% village electrification.
Power Sector Development The company's influence in power sector development has been comprehensive. REC provides financing for generation, transmission, and distribution projects. Thus, it has helped build crucial power infrastructure across the country. Their funding has enabled the establishment of thermal, hydro, and renewable energy projects, contributing significantly to India's installed power capacity. The company's support for transmission and distribution infrastructure has helped reduce power losses and improve electricity access.
Renewable Energy Transition REC has played a crucial role in India's transition towards renewable energy. The company has helped accelerate the adoption of clean energy technologies. It achieved this by providing specialized financing products for renewable energy projects. Their support for solar, wind, and other renewable projects has also contributed to India's commitment to reducing carbon emissions and achieving its renewable energy targets.
Financial Market Influence As one of the largest NBFCs in the power sector, REC's influence also extends to financial markets. The company's bond issues, and financial instruments are highly rated and widely subscribed. This is how its financial performance positively contributes to the development of India's debt market.
Policy Implementation REC has been a key implementing agency for various government schemes and initiatives in the power sector. Their influence in policy implementation has helped translate government vision into reality. This has made them a crucial link between policy formulation and ground-level implementation.
Technological Advancement The company's influence extends to technological advancement in the power sector. REC has encouraged the adoption of modern technologies and best practices in power projects. This is done through their financing criteria and project evaluation standards. These advanced technologies have helped improve the efficiency and reliability of India's power infrastructure.
Economic Growth Catalyst REC's financing activities have had a multiplier effect on economic growth. By enabling power infrastructure development, they have indirectly contributed to industrial growth, job creation, and economic development across sectors. The company focuses on timely project completion and efficient fund utilization. This has further helped maximize the economic impact of power sector investments.
Social Impact Beyond economic considerations, REC's influence has created a significant social impact. The company has contributed to skill enhancement, community development, and environmental protection. This growth is made possible through its CSR initiatives and focus on sustainable development. Their role in rural electrification has particularly helped in reducing rural-urban disparities.
REC Ltd.'s influence on India's power sector and overall development has been profound and multifaceted. From their initial focus on rural electrification to their current role as a comprehensive power sector financier, they have consistently contributed to national development goals. As India continues its journey towards universal and sustainable power supply, REC's role remains crucial.
Established in 1969, REC has been in business for many decades. The company is headquartered in New Delhi, India. REC was initially set up to finance rural electrification projects. Later, the company expanded its scope to cover the entire power sector.
The company's main products include term loans for power projects, short-term loans, and debt refinancing. It also offers equipment financing and renewable energy project funding. REC is among the top players in the power finance sector. However, it is the second-largest power sector financier after Power Finance Corporation (PFC) in terms of market capitalization.
The promoter shareholding of the company stands at 52.63%. Power Finance Corporation Limited holds this entire stake in the company. The registered office of the company is located at Core-4, SCOPE Complex, 7 Lodhi Road, New Delhi - 110003. Its registrar & share transfer agent is KFin Technologies Limited. The key managerial promoters of the company include:
- Vivek Kumar Dewangan
- V K Singh
- Harsh Baweja
- Manoj Manohar Pande
- Gambheer Singh
Influence of the Company
REC Ltd. has emerged as a pivotal institution in India's power sector development over many decades. As a Navratna PSU and one of the largest NBFCs in the power sector, its influence extends beyond financial assistance. The company plays a crucial role in shaping India's power infrastructure, rural development, and energy security. REC's impact can be seen across various dimensions of the power sector and the broader economy.Rural Electrification Impact REC's most significant influence has been in rural electrification. Since its inception, the company has been instrumental in bringing electricity to thousands of villages across India. REC has helped transform rural India by enabling access to electricity. This has brought economic change, improved education facilities, and enhanced the quality of life in rural areas. Thanks to its targeted financing and implementation support it has been particularly impactful in achieving the government's goal of 100% village electrification.
Power Sector Development The company's influence in power sector development has been comprehensive. REC provides financing for generation, transmission, and distribution projects. Thus, it has helped build crucial power infrastructure across the country. Their funding has enabled the establishment of thermal, hydro, and renewable energy projects, contributing significantly to India's installed power capacity. The company's support for transmission and distribution infrastructure has helped reduce power losses and improve electricity access.
Renewable Energy Transition REC has played a crucial role in India's transition towards renewable energy. The company has helped accelerate the adoption of clean energy technologies. It achieved this by providing specialized financing products for renewable energy projects. Their support for solar, wind, and other renewable projects has also contributed to India's commitment to reducing carbon emissions and achieving its renewable energy targets.
Financial Market Influence As one of the largest NBFCs in the power sector, REC's influence also extends to financial markets. The company's bond issues, and financial instruments are highly rated and widely subscribed. This is how its financial performance positively contributes to the development of India's debt market.
Policy Implementation REC has been a key implementing agency for various government schemes and initiatives in the power sector. Their influence in policy implementation has helped translate government vision into reality. This has made them a crucial link between policy formulation and ground-level implementation.
Technological Advancement The company's influence extends to technological advancement in the power sector. REC has encouraged the adoption of modern technologies and best practices in power projects. This is done through their financing criteria and project evaluation standards. These advanced technologies have helped improve the efficiency and reliability of India's power infrastructure.
Economic Growth Catalyst REC's financing activities have had a multiplier effect on economic growth. By enabling power infrastructure development, they have indirectly contributed to industrial growth, job creation, and economic development across sectors. The company focuses on timely project completion and efficient fund utilization. This has further helped maximize the economic impact of power sector investments.
Social Impact Beyond economic considerations, REC's influence has created a significant social impact. The company has contributed to skill enhancement, community development, and environmental protection. This growth is made possible through its CSR initiatives and focus on sustainable development. Their role in rural electrification has particularly helped in reducing rural-urban disparities.
REC Ltd.'s influence on India's power sector and overall development has been profound and multifaceted. From their initial focus on rural electrification to their current role as a comprehensive power sector financier, they have consistently contributed to national development goals. As India continues its journey towards universal and sustainable power supply, REC's role remains crucial.
FAQ’s
What is the share price of REC Ltd today?
REC Ltd share price as on 17 Jun 2025 is ₹ 399.85
What is the Market Cap of REC Ltd?
The market cap of REC Ltd stock is ₹1,05,723.94 Cr.
What is the PE Ratio of REC Ltd?
The Price to Earnings (P/E) Ratio of REC Ltd is 8.47
What is the PB Ratio of REC Ltd?
The Price to Book (P/B) Ratio of REC Ltd is 1.74
What is the 52 week high of REC Ltd Share Price?
The 52 week high of REC Ltd share price stands at ₹654
What is the 52 week low of REC Ltd Share Price?
The 52 week low of REC Ltd share price stands at ₹357.35
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