REC Limited (NSE:RECLTD)
| Market Cap | 889.11B -14.0% |
| Revenue (ttm) | 231.15B +8.3% |
| Net Income | 163.08B +2.7% |
| EPS | 61.81 +2.7% |
| Shares Out | 2.63B |
| PE Ratio | 5.46 |
| Forward PE | 4.99 |
| Dividend | 18.55 (5.46%) |
| Ex-Dividend Date | Mar 20, 2026 |
| Volume | 10,272,902 |
| Open | 342.50 |
| Previous Close | 339.70 |
| Day's Range | 335.00 - 343.65 |
| 52-Week Range | 304.05 - 428.70 |
| Beta | 0.41 |
| Analysts | Buy |
| Price Target | 440.77 (+30.54%) |
| Earnings Date | Jul 24, 2026 |
About REC Limited
REC Limited, together with its subsidiaries, engages in the provision of 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 for power sector and coal mines; policy for funding against regulatory assets, and revolving bill payment facility services; and provides letter of undertaking in lieu of bank guarantee, etc. It also acts as a nodal agency for the implementation o... [Read more]
Financial Performance
In fiscal year 2026, REC Limited's revenue was 231.15 billion, an increase of 8.25% compared to the previous year's 213.53 billion. Earnings were 163.08 billion, an increase of 2.88%.
Financial StatementsNews
PFC, REC boards clear merger, seek approval from President
India Business News: NEW DELHI: The boards of state-run power sector financiers Power Finance Corporation and REC Limited on Saturday decided to move ahead with the propos.
REC incorporates three new subsidiaries with Rs 5 lakh authorised capital each
REC Limited has announced the incorporation of three new wholly owned subsidiary companies under its arm, REC Power Development and Consultancy Limited (RECPDCL). The newly formed subsidiaries are Bha...
REC announces final dividend of ₹1.55 per share for FY26
REC Limited, a prominent player in the Indian financial sector, has announced a final dividend of ₹1.55 per equity share for the financial year 2025-26. This decision was made during…
REC Limited Quarterly report: Q4 2026
REC Limited has published its Q4 2026 quarterly earnings report on April 28, 2026.
REC appoints Rajesh Kumar as Director Finance and CFO
REC Limited has informed exchanges that its board has approved the appointment of Shri Rajesh Kumar as Director (Finance) and Chief Financial Officer (CFO) of the company. According to the…
REC seeks waiver of fines imposed for board composition non-compliance
REC Limited has approached stock exchanges to waive fines levied due to non-compliance with board composition regulations. The issue arose from a lack of independent directors, a situation beyond the…
REC board declares 4th interim dividend of Rs 3.20 per share for FY26
REC Limited has announced its fourth interim dividend for the financial year 2025–26, rewarding shareholders with a payout of ₹3.20 per equity share. The announcement was made after the company’s…
PFC, REC say moving ahead with planned merger, combined entity to benefit from strong balance sheet
India Business News: NEW DELHI: State-owned power sector financiers Power Finance Corporation (PFC) and REC Ltd on Thursday informed stock exchanges that they are moving a.
Budget Speech 2026: FM outlines NBFCs vision, targets credit and tech; PFC, REC to be restructured
Union finance minister Nirmala Sitharaman unveiled the government's Viksit Bharat vision for Non-Banking Financial Companies, setting clear targets for credit expansion and technology adoption. Key pu...
REC Limited Quarterly report: Q3 2026
REC Limited has published its Q3 2026 quarterly earnings report on January 29, 2026.
REC Limited Slides: Q3 2026
REC Limited has posted slides in relation to its Q3 2026 quarterly earnings report, which was published on January 29, 2026.
REC flags non-compliance by UP discoms on check meters
Lucknow: Amid the ongoing ‘controversary' over Smart Prepaid Meters, it has come to light that Rural Electrification Corporation (REC) has been sendin.
REC Limited Transcript: Q2 25/26
Record half-year profit and disbursements were achieved, with strong asset quality improvements and robust loan growth despite large prepayments. The company remains confident in meeting its FY26 and 2030 growth targets, supported by a strong order book and sector tailwinds.
REC Limited Quarterly report: Q2 2026
REC Limited has published its Q2 2026 quarterly earnings report on October 29, 2025.
REC Limited Slides: Q2 2026
REC Limited has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on October 29, 2025.
ACME Solar shares jump 2% on Rs 3,184 crore REC funding for 280 MW FDRE project
Shares of ACME Solar Holdings Ltd were trading 2.17% higher at ₹292.10 in early trade on Tuesday, August 13, after the company announced that its wholly owned subsidiary, ACME Hybrid Urja Private Limi...
ACME Solar secures Rs 3,184 crore funding from REC Ltd for 280 MW hybrid renewable project
ACME Hybrid Urja Private Limited, a wholly owned subsidiary of ACME Solar Holdings Limited, has secured long-term project financing worth ₹3,184 crore from REC Limited for the development and construc...
REC Limited Transcript: Q1 25/26
Record quarterly profit and disbursements were achieved, with strong loan book growth and improved asset quality. Management targets 12% loan growth for FY26, expects stable margins, and sees minimal impact from new RBI provisioning norms.
REC Limited Quarterly report: Q1 2026
REC Limited has published its Q1 2026 quarterly earnings report on July 31, 2025.
REC Limited Slides: Q1 2026
REC Limited has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on July 31, 2025.
REC share: CLSA, UBS, Morgan Stanley maintain buy ratings — here’s what they say
Shares of REC Ltd remain in focus after strong Q1 results, with multiple global brokerages maintaining positive outlooks on the stock despite minor concerns. UBS has retained a Buy rating, though it t...
Morgan Stanley bullish on REC after 29% YoY PAT jump, lifts FY26 outlook, sees 19.6% upside on robust Q1 beat and disbursement surge
Morgan Stanley has maintained an Overweight rating on REC Ltd, with a target price of ₹485, implying an upside of 19.6% from the current market price of ₹405.50. The brokerage noted that REC’s Q1FY26 ...
REC share: CLSA maintains buy, sees 29.5% upside on strong PAT beat and resolution gains
CLSA has reiterated a High Conviction Outperform rating on REC Ltd, assigning a target price of ₹525, which implies a 29.5% upside from the current market price of ₹405.50. The brokerage highlighted t...
REC Q1 Results: Revenue from operations up 13% to Rs 14,737 crore, Net profit rises 29% YoY
REC Limited reported a consolidated net profit of Rs 4,465.71 crore for the quarter ended June 30, 2025 (Q1 FY26), marking a 29% year-on-year (YoY) rise compared to Rs 3,460.19 crore in the same quart...
REC shares jump 2% after Morgan Stanley initiates coverage with ‘Overweight’ rating, sets Rs 485 target
Shares of REC Limited jumped 2% in morning trade after global brokerage Morgan Stanley initiated coverage on the stock with an ‘Overweight’ rating and a price target of ₹485. As of 9:28 AM, the shares...