REC Limited (NSE:RECLTD)

India flag India · Delayed Price · Currency is INR
352.70
+0.70 (0.20%)
Jul 10, 2026, 3:30 PM IST
Market Cap926.76B -10.3%
Revenue (ttm)231.15B +8.3%
Net Income163.08B +2.7%
EPS61.81 +2.7%
Shares Out 2.63B
PE Ratio5.69
Forward PE5.41
Dividend18.55 (5.27%)
Ex-Dividend DateMar 20, 2026
Volume4,022,547
Open354.00
Previous Close352.00
Day's Range350.75 - 356.65
52-Week Range304.05 - 408.25
Beta0.34
AnalystsBuy
Price Target439.46 (+24.6%)
Earnings DateJul 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]

Sector Financials
Founded 1969
Employees 512
Stock Exchange National Stock Exchange of India
Ticker Symbol RECLTD
Full Company Profile

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 Statements

Analyst Summary

According to 13 analysts, the average rating for RECLTD stock is "Buy." The 12-month stock price target is ₹439.46, which is an increase of 24.60% from the latest price.

Price Target
₹439.46
(24.60% upside)
Analyst Consensus: Buy
Stock Forecasts

News

REC sells subsidiaries for ₹8.61 crore and ₹11.92 crore

REC Limited has announced the sale and transfer of its project-specific subsidiaries, WR ER Part A Power Transmission Limited and WR ER Part C Power Transmission Limited, to successful bidders.…

9 days ago - Business Upturn

PFC-REC merger approved: What happens to REC shares, swap ratio and shareholders now?

Power Finance Corporation and REC Ltd have approved their merger, creating a formidable power sector financing entity with over Rs 11 lakh crore in loans. REC shareholders will receive 88 PFC shares f...

11 days ago - The Times of India

REC and Power Finance Corporation approve merger scheme with ₹11 lakh crore loan book

The Board of Directors of Power Finance Corporation Limited (PFC) and REC Limited (REC) have approved a merger scheme that will result in a combined financing entity with a loan…

11 days ago - Business Upturn

Top stocks to buy today: Stock market recommendations for June 23, 2026 - check list

Stock market recommendations: Delhivery, Lodha Developers, REC Ltd, and Indian Energy Exchange - these are the top stocks to buy recommended by Somil Mehta, Head of Retail Research at Mirae Asset Shar...

17 days ago - The Times of India

Tata Power bags LoI from REC Power to acquire Ryapte Power SPV, annual charges pegged at Rs 521 crore

Tata Power Company Limited has received a Letter of Intent (LOI) from REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, for the acquisition of…

21 days ago - Business Upturn

REC transfers Jalna Power Transmission for ₹3.21 crore

REC Limited has announced the sale and transfer of its subsidiary, Jalna Power Transmission Limited, through its wholly-owned subsidiary, REC Power Development and Consultancy Limited (RECPDCL). The t...

27 days ago - Business Upturn

Power Finance Corporation receives presidential approval for REC merger

Power Finance Corporation (PFC) has received the approval of the President of India for the proposed merger of REC Limited into PFC. This development follows a previous announcement on 16…

4 weeks ago - Business Upturn

REC receives presidential approval for merger with Power Finance Corporation

REC Limited has announced that it has received presidential approval for its proposed merger with Power Finance Corporation Limited (PFC). The Ministry of Power conveyed the approval via a letter…

4 weeks ago - Business Upturn

Power Finance receives presidential approval for REC merger

Power Finance Corporation has received the presidential approval of the Hon'ble President of India for the proposed merger of REC Limited into PFC, according to a regulatory filing with the…

4 weeks ago - Business Upturn

REC completes sale of two subsidiaries for over ₹16.66 crore

REC Limited has announced the successful sale and transfer of its entire shareholding in two subsidiaries, Hampapura Power Transmission Limited and Mekhali Power Transmission Limited, for a combined c...

5 weeks ago - Business Upturn

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.

7 weeks ago - The Times of India

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...

2 months ago - Business Upturn

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…

2 months ago - Business Upturn

REC Limited Quarterly report: Q4 2026

REC Limited has published its Q4 2026 quarterly earnings report on April 28, 2026.

2 months ago - Filings

REC Limited Slides: Q4 2026

REC Limited has posted slides in relation to its Q4 2026 quarterly earnings report, which was published on April 28, 2026.

2 months ago - Filings

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…

3 months ago - Business Upturn

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…

4 months ago - Business Upturn

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…

4 months ago - Business Upturn

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.

5 months ago - The Times of India

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...

5 months ago - The Times of India

REC Limited Quarterly report: Q3 2026

REC Limited has published its Q3 2026 quarterly earnings report on January 29, 2026.

5 months ago - Filings

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.

5 months ago - Filings

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.

9 months ago - The Times of India

REC Limited Transcript: Q2 25/26

Achieved record half-year profit and disbursements, with strong asset quality and robust loan growth. Asset quality improved sharply due to major prepayments, and guidance for 11%-12% loan growth is reaffirmed. Power sector outlook remains positive, with continued focus on renewables and infrastructure.

9 months ago - Transcripts

REC Limited Quarterly report: Q2 2026

REC Limited has published its Q2 2026 quarterly earnings report on October 29, 2025.

9 months ago - Filings