Value Research Rating

5 star

Quality Score fund-quick-summary-circle

Quality Score10/10

Growth Score fund-quick-summary-circle

Growth Score8/10

Valuation Score fund-quick-summary-circle

Valuation Score5/10

Momentum Score fund-quick-summary-circle

Momentum Score7/10

REC Ltd. Share Price

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Stock Range

Today’s Range
Low: 574.30 High: 596.55
52 Week Range
Low: 239.60 High: 654.00
Liquidityliquidity High
Low Moderate High

Fundamentals

  • Market cap

    ₹1,51,990 Cr

  • P/E Ratio

    10.38

  • P/B Ratio

    2.1

  • Industry P/E

    26.22

  • Debt to Equity

    6.42

  • ROE

    22.39 %

  • ROCE

    10.05 %

  • Div. Yield

    3.55 %

  • Book Value

    261.25

  • EPS

    53.72

Performance

YTD
1 Month
3 Months
1 Year
3 Years
5 Years
10 Years
REC
39.80 -1.66 16.17 113.64 69.76 38.55 18.93
BSE Sensex
13.40 2.78 6.82 23.01 12.00 17.14 11.63
BSE Finance
10.58 3.18 6.43 18.95 11.11 14.09 --
As on 10-Sep-2024
2023
2022
2021
2020
2019
2018
2017
REC
254.38 16.09 -0.67 -6.98 18.61 -22.89 24.75
BSE Sensex
18.74 4.44 21.99 15.75 14.38 5.87 27.91
BSE Finance
17.09 11.05 14.10 0.83 18.00 1.97 42.88

Valuation Score

Stock
Peer Median
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Growth & Efficiency

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Peer Median
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Essential Checks View Details

Is there a threat to the company's solvency?

Can creative accounting be detected through the financial numbers?

How did the company perform in the last one year?

Financials Detailed View

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*All values are in (₹ Cr)

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*All values are in (₹ Cr)

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*All values are in (₹ Cr)

Peer Comparison Comparison Details

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    Shareholding Pattern Detailed Holdings

    News & Analysis All News

    Other details More Details

    Incorporated

    1969

    Chairman

    Vivek Kumar Dewangan

    Managing Director

    Vivek Kumar Dewangan

    Group

    PSU

    Headquarters

    New Delhi, Delhi
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    Key Facts

    • Market cap market-cap-information ₹1,51,989.69 Cr
    • Revenue (TTM)revenue-information ₹49,495.85 Cr
    • Earnings (TTM) earning-information ₹14,637.60 Cr
    • Net Worth date-information ₹69,350.25 Cr
    • Advances info ₹4,99,192.05 Cr
    • Promoters' ownership promoters_ownership 52.63%
    • Liquidity liquidity High
    • 52 Week range week-range ₹239.60 - 654.00
    • Face value face-value ₹10.00
    • Shares outstanding share-outstanding 2,63,32,24,000
    • 10 Years Aggregate:

      CFO: ₹-2,70,602.17 Cr

      EBITDA: ₹2,83,370.57 Cr

      Net Profit: ₹76,239.75 Cr

    About The Company

    • Incorporated 1969
    • Chairman Vivek Kumar Dewangan
    • Managing Director Vivek Kumar Dewangan
    • Group PSU
    • Listing key-listing BSE: 532955, NSE: RECLTD
    • Country India
    • Headquarters headquarters New Delhi, Delhi
    • Website website www.recindia.nic.in
    • Business

      REC Limited, a public financial institution, provides financing services for power generation, transmission, and distribution projects in India. The company primarily offers long, medium, and short-terms loans; debt refinancing, equity financing,...  financing of equipment manufacturing (Em) for power sector and coal mines, policy for funding against regulatory assets, and revolving bill payment facility services. It also acts as a nodal agency for the implementation of Pradhan Mantri Sahaj Bijli Har Ghar Yojana, Deen Dayal Upadhyaya Gram Jyoti Yojana, and National Electricity Fund. In addition, the company acts as the bid process coordinator for selection of transmission service provider through tariff based competitive bidding process for independent inter-state and intra-state transmission projects; and provides implementation and consultancy services in power sector. It serves central/state government power utilities, as well as private sector power utilities. The company was formerly known as Rural Electrification Corporation Limited and changed its name to REC Limited in October 2018. REC Limited was incorporated in 1969 and is based in Gurugram, India. REC Limited operates as a subsidiary of Power Finance Corporation Limited.  Read more

    FAQs for REC Ltd.

    The total asset value of REC Ltd stood at ₹ 5,51,409 Cr as on 31-Mar-24

    The share price of REC Ltd is ₹577.15 (NSE) and ₹577.20 (BSE) as of 10-Sep-2024 IST. REC Ltd has given a return of 69.76% in the last 3 years.

    REC Ltd has a market capitalisation of ₹ 1,51,990 Cr as on 10-Sep-2024. As per Value Research classification, it is a Large Cap company.

    The P/B ratio of REC Ltd is 2.10 times as on 10-Sep-2024, a 3% discount to its peers’ median range of 2.17 times.

    The P/E ratio of REC Ltd is 10.38 times as on 10-Sep-2024, a 60% discount to its peers’ median range of 26.22 times.

    Step 1. Open a demat account through a broker. You would need to provide your email, PAN, bank account details, aadhar details, etc., for KYC
    Step 2. Sign in to the broker’s application through a mobile app or website. Use the Login ID and password provided by your broker.
    Step 3. Transfer funds from your bank account into the wallet present in your brokerage account.
    Step 4. Search for the REC Ltd and enter the required number of quantities and click on buy to purchase the shares of REC Ltd.

    REC Limited, a public financial institution, provides financing services for power generation, transmission, and distribution projects in India. The company primarily offers long, medium, and short-terms loans; debt refinancing, equity financing, financing of equipment manufacturing (Em) for power sector and coal mines, policy for funding against regulatory assets, and revolving bill payment facility services. It also acts as a nodal agency for the implementation of Pradhan Mantri Sahaj Bijli Har Ghar Yojana, Deen Dayal Upadhyaya Gram Jyoti Yojana, and National Electricity Fund. In addition, the company acts as the bid process coordinator for selection of transmission service provider through tariff based competitive bidding process for independent inter-state and intra-state transmission projects; and provides implementation and consultancy services in power sector. It serves central/state government power utilities, as well as private sector power utilities. The company was formerly known as Rural Electrification Corporation Limited and changed its name to REC Limited in October 2018. REC Limited was incorporated in 1969 and is based in Gurugram, India. REC Limited operates as a subsidiary of Power Finance Corporation Limited.

    The promoter of REC Ltd is POWER FINANCE CORPORATION LTD. POWER FINANCE CORPORATION LTD owns 52.63 per cent of the total equity. The chairman of the company is Vivek Kumar Dewangan , and the managing director is Vivek Kumar Dewangan..

    There is no promoter pledging in REC Ltd.

    Some of the close peers are:

    Company Market Cap(₹ Cr)
    2,22,034
    1,26,901
    19,795
    8,898
    REC Ltd. Ratios
    Return on equity(%)
    22.39
    Operating margin(%)
    97.84
    Net Margin(%)
    28.9
    Dividend yield(%)
    3.55

    Yes, TTM profit after tax of REC Ltd was ₹14,638 Cr.