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REC share price

REC Ltd.

NSE: RECLTD BSE: 532955 SECTOR: Finance Term Lending  338k   1k   394

542.80
-1.00 (-0.18%)
BSE: 17 May 04:01 PM

Price Summary

Today's High

₹ 547.7

Today's Low

₹ 539.95

52 Week High

₹ 567.05

52 Week Low

₹ 128.4

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationFair
The stock’s market price justifies its intrinsic value.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsAverage
The company could improve upon its asset employment.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

142931.4 Cr.

Advances

422083.91 Cr.

No. of Shares

263.32 Cr.

P/E

10.2

P/B

2.08

Face Value

₹ 10

Div. Yield

2.94 %

Book Value (TTM)

₹  261.21

Operating Revenue

39208.06 Cr.

Net Profit

11054.64 Cr.

Promoter Holding

52.63 %

EPS (TTM)

₹  53.24

Sales Growth

0.19

ROE

20.56 %

ROCE

9.11%

Profit Growth

10.04 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

Your Added Ratios

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Index Presence

The company is present in 34 Indices.

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Income Growth

1 Year0.19%
3 Year9.56%
5 Year11.79%

Profit Growth

1 Year10.04%
3 Year31.28%
5 Year20.12%

ROE%

1 Year20.56%
3 Year21.18%
5 Year18.99%

ROCE %

1 Year9.11%
3 Year9.17%
5 Year9.08%

ROA%

2.52777944002569

PEG Ratio

NA

PAT Margin (%)

28.1948150456819

EPS Growth(%)

NA

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 52.63 0
Dec 2023 52.63 0
Sep 2023 52.63 0
Jun 2023 52.63 0
Mar 2023 52.63 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • Company has a healthy Return on Equity (ROE) track record of 21.1830000532593%.
  • The company is trading at 0.532210241473973 times the book value
  • Promoters shareholding is 52.63%.

 Limitations

 Looks like the company does not have any serious limitations.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Operating Revenue 10113.27 10959.2 11575.94 11981.65 12613.14
Other Income 10.69 5.06 14.22 18.4 30.17
Interest Expended 6497.34 7049.84 7350.04 7653.34 7896.05
Operating Expenses -190.85 196.69 -572.62 226.57 -406.49
Total Provisions 0 0 0 0 0
Depreciation 6.25 5.78 6.07 5.89 5.98
Profit Before Tax 3811.22 3711.95 4806.67 4114.25 5147.77
Tax 810.31 751.22 1033.8 844.94 1131.47
Net Profit 3000.91 2960.73 3772.87 3269.31 4016.3
Adjusted EPS (RS) 11.4 11.24 14.33 12.42 15.25

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Operating Income 25309.72 29812.93 35387.89 39132.49 39208.06
Other Income 34.44 63.92 22.55 97.96 44.67
Interest 15659.56 19002.98 21491.91 22055.81 23745.67
Operating Expenses 337.45 290.87 252.41 285.71 305.93
Total Provisions 1246.65 3599.71 2909.99 4464.03 1462.36
Exceptional Items 0 0 0 0 0
Profit Before Tax 8100.5 6983.29 10756.13 12424.9 13738.77
Tax 2336.78 2097.13 2394.35 2378.98 2684.13
Profit After Tax 5763.72 4886.16 8361.78 10045.92 11054.64
Adjusted EPS (Rs.) 21.89 18.56 31.75 38.15 41.98

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 1974.92 1974.92 2533.32 2533.32 3191.62
Total Reserves 32328.02 33101.64 40893.05 48452.28 54488.05
Borrowings 233234.01 274734.97 311244.82 321824.92 361713.68
Other N/C liabilities -511.2 -360.82 -2300.06 52.42 -543.39
Current liabilities 30140.82 36622.12 48188.85 37533.05 45406.31
Total Liabilities 297166.57 346072.83 400559.98 410395.99 464256.27
Assets
Loans 270450.92 312083.5 365261.49 371930.54 422083.91
Net Block 162.49 161.8 266.22 627.92 640.53
Capital WIP 196.94 287.62 335.67 6.07 2.72
Intangible WIP 1.59 0.77 0.77 0 0
Investments 2397.62 2232.37 1524.93 1869.69 2705.8
Other Loans 20328.15 24074.17 24644.63 27680.42 27349.16
Other N/C Assets 0.01 0.01 0.01 0.86 0.34
Current Assets 3628.85 7232.59 8526.26 8280.49 11473.81
Total Assets 297166.57 346072.83 400559.98 410395.99 464256.27
* Other Non-current Liabilities include Net deferred Liabilities

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 52.63 52.63 52.63 52.63 52.63
power finance corporation... 52.63 52.63 52.63 52.63 52.63
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 47.37 47.37 47.37 47.37 47.37
government of singapore - - - - 1.12
hdfc trustee company ltd.... - 4.45 3.93 2.81 2.52
investor education and pr... 0.01 0.01 - 0.01 0.01
nippon life india trustee... - - 1.06 - 1.05
investor education and pr... - - 0.01 - -
life insurance corporatio... - 1.21 - - -
the windacre partnership ... 3.57 3.38 - - -
hdfc large and mid cap fu... 4.92 - - - -
lici child fortune plus g... 1.99 - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

REC’s arm incorporates two wholly owned subsidiary companies16 May 2024, 10:00AM REC gets ‘No Objection Certificate’ from RBI to set up subsidiary in Gujarat4 May 2024, 3:01PM REC reports 33% rise in Q4 consolidated net profit30 Apr 2024, 4:05PM REC - Quaterly Results30 Apr 2024, 2:02PM REC - Quaterly Results30 Apr 2024, 2:02PM REC - Quaterly Results30 Apr 2024, 2:02PM REC avails green loan of JPY 60.53 billion to finance eligible green projects in India26 Apr 2024, 12:30PM REC to extend term loan of Rs 1,869 crore for Kiru Hydro Electric Project in J&K25 Apr 2024, 12:07PM REC’s arm incorporates wholly owned subsidiary22 Apr 2024, 10:40AM REC reports 34% rise in loan sanctions during FY248 Apr 2024, 5:52PM REC submits intimation of business performance of company8 Apr 2024, 3:00PM REC’s arm incorporates wholly owned subsidiary28 Mar 2024, 3:41PM REC’s arm inks MoU with BHEL to develop utility-scale renewable energy projects18 Mar 2024, 11:19AM REC to finance power, infrastructure projects in Rajasthan 12 Mar 2024, 11:12AM REC’s arm hands over Pachora Power Transmission SPV to G R Infraprojects16 Feb 2024, 11:17AM REC inks agreements worth Rs 588 crore with Damodar Valley Corporation16 Feb 2024, 10:50AM REC inks MoU with NIIFL29 Jan 2024, 4:00PM REC reports 13% rise in Q3 consolidated net profit23 Jan 2024, 3:46PM Rec informs about outcome of board meeting 23 Jan 2024, 3:20PM REC - Quaterly Results23 Jan 2024, 2:23PM REC - Quaterly Results23 Jan 2024, 2:23PM REC - Quaterly Results23 Jan 2024, 2:23PM REC designated as implementation agency for rooftop solar programme19 Jan 2024, 12:29PM REC raises Rs 3,500 crore by issuing green bonds13 Jan 2024, 3:49PM REC's arm inks MoU with Govt of Gujarat for smart metering project5 Jan 2024, 10:42AM REC inks MoU with Bank of Baroda 4 Jan 2024, 4:44PM REC inks MoU with Rail Vikas Nigam 4 Jan 2024, 11:10AM REC’s arm incorporates wholly owned subsidiary company20 Dec 2023, 4:56PM REC’s arm incorporates two wholly owned subsidiary companies 15 Dec 2023, 11:52AM REC signs 200 million Euro loan agreement with German Bank KfW 9 Dec 2023, 2:33PM REC informs about disclosure6 Dec 2023, 11:50AM REC informs about general business updates.1 Dec 2023, 12:27PM REC informs about outcome of board meeting 25 Nov 2023, 10:37AM REC signs MoU with RailTel Corporation of India10 Nov 2023, 2:07PM REC reports 39% rise in Q2 consolidated net profit2 Nov 2023, 4:12PM REC - Quaterly Results1 Nov 2023, 12:47PM REC - Quaterly Results1 Nov 2023, 12:47PM REC - Quaterly Results1 Nov 2023, 12:47PM REC’s arm transfers entire shareholding of Ramgarh-II Transmission27 Oct 2023, 9:58AM REC’s arm incorporates wholly owned subsidiary27 Oct 2023, 9:47AM REC’s arm incorporates two wholly owned subsidiary companies 17 Oct 2023, 10:47AM REC inks three MoUs worth Rs 40,358 crore to finance various projects in Odisha16 Oct 2023, 3:12PM REC inks MoU with NICSI for ICT, digital transformation services16 Oct 2023, 12:26PM REC’s arm incorporates two wholly owned subsidiary companies6 Oct 2023, 6:20PM REC inks MoU with PNB to co-finance infrastructure project debts 27 Sep 2023, 10:59AM REC’s arm incorporates wholly owned subsidiary21 Sep 2023, 10:30AM REC ties up debt funding of Rs 3081 crore to Serentica 18 Sep 2023, 2:59PM REC extends Rs 6,075 crore loan to Greenko to set up pumped storage project18 Sep 2023, 12:08PM REC inks initial pact with PFC11 Sep 2023, 3:52PM REC to increase loan portfolio of green projects by more than ten times by 20308 Sep 2023, 10:50AM

REC Stock Price Analysis and Quick Research Report. Is REC an attractive stock to invest in?

 

Around 2% of India's total population invests in financial assets. The penetration of the mutual fund industry in India is close to 7% (Based on the number of PAN cardholders). This under penetration of the mutual fund industry offers a huge opportunity for the industry to grow.

Migration to financial savings, wider distribution and sustainable performance are expected to enable growth in the industry.

Also, increasing financial literacy among investors, digitization and the number of mediums available tend to attract more investors to invest in the financial markets.

To understand the functions of the REC better, you must go through the following points:

Key Financials –

  • Profitability: Profit margin (PAT margin) of the company shows how well a company controls its cost. It is one of the important indicators to show the financial health of the company. Net profit of the company is Rs 11054.64 Cr and the compounded growth of profit in the past 3 years is 31.2777500371693 %. The PAT margin of REC is 28.1948150456819 %.

  • EPS growth: Investors should ensure the EPS figure is growing faster than revenue numbers because it indicates company management is increasing the efficiency with which it runs the company. In REC , the EPS grew by 10.0415196615518 % YOY. 

 Financial Ratios –

  •  Return on Equity (ROE): The Company has a healthy ROE track record. The ROE of REC is at 20.5575030495552 % for the latest year.

  • P/E Ratio: Relative valuation metrics like the P/E ratio can be used to see if the stock of REC is worth at the current levels at Rs 543.95. The stock is trading at a current P/E ratio of 2.75002084251396 and the average historical P/E for the last 5 years was 3.41849543743907.

  • Share Price: - The current share price of REC is Rs 543.95. One can use valuation calculators of ticker to know if REC share price is undervalued or overvalued.

  • P/B ratio can be one of the best metrics to value such companies. Currently, REC is trading at a P/B of 2.0836 . The average historical P/B for the last 5 years was 0.599656685461636. This can be compared with the Market price per share in order to know if the stock is undervalued or overvalued.

Last Updated on:
Brief about REC

REC Ltd. Financials: Check Share Price, Balance Sheet, Annual Report and Quarterly Results for Company Analysis

REC Limited (formerly known as Rural Electrification Corporation Limited) is a public sector unit of the Government of India. It was established in 1969 to finance and promote rural electrification across the country. REC is listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) in India. This article provides long-term investors with an in-depth analysis of REC Ltd's stock performance and financial position, covering topics such as share price, balance sheet, annual reports, dividends, quarterly results, stock price trends, pricing charts, news updates, conference calls, transcripts, investor presentations, promoters, and shareholders.

REC Ltd. Share Price Analysis

Analyzing the share price of REC Limited is paramount for long-term investors seeking to evaluate the company's growth potential and stock performance. Our platform offers pre-built screening tools that enable investors to track the historical share price of the company over different timeframes. By studying price trends, trading volumes, trading ranges, and the stock's relative performance compared to market indices, investors can gain valuable insights into REC's financial stability, growth prospects, and viability as a long-term investment. To conduct a more comprehensive analysis of REC's share price, long-term investors can utilize our premium features tools, including DCF Analysis, BVPS Analysis, Earnings multiple approaches, and DuPont analysis.

REC Ltd. Balance Sheet Evaluation

Evaluating the balance sheet of REC Limited is a crucial step for long-term investors to understand the company's financial position and growth potential. Our platform offers pre-built screening tools that enable investors to determine REC's balance sheet ratios and metrics. By examining key financial metrics such as current assets, current liabilities, and long-term debt, investors can gain insights into the company's financial stability, liquidity, and potential for growth. Additionally, our platform provides access to premium features tools, including DCF Analysis, BVPS Analysis, Earnings multiple approaches, and DuPont analysis, which enable long-term investors to perform a comprehensive analysis of REC Limited's balance sheet.

REC Ltd. Annual Reports

REC Limited's annual reports are valuable resources that provide an overview of the company's performance, strategies, and plans. On our platform, you can access downloadable PDF reports of REC's annual reports, along with expert reviews and analysis of their contents. These reports offer insights into REC's business model, competitive landscape, and macroeconomic factors that may impact its operations. By combining this information with our premium features tools, long-term investors can perform a comprehensive analysis and make well-informed decisions about their investment positions in REC Limited.

REC Ltd. Dividend Payments

Analyzing REC Limited's dividend payments is crucial for long-term investors seeking stable returns. Our stock analysis page provides comprehensive data on REC's dividend payment history. By analyzing the company's profitability, dividend policy, and metrics such as the dividend yield and payout ratio, investors can make well-informed investment decisions. Remember to leverage our premium features tools, including DCF Analysis, BVPS Analysis, Earnings multiple approaches, and DuPont analysis, to evaluate the impact of dividends on REC Limited's stock value and overall investment strategy.

REC Ltd. Quarterly Results Analysis

Analyzing REC Limited's quarterly results is vital for investors to evaluate the company's short-term performance and gauge its future growth potential. On our website, you can find downloadable PDF files of REC's quarterly results. These reports allow investors to assess the company's recent performance, key financial metrics such as revenue growth, earnings per share, and margins, and understand trends that may affect REC Limited's future growth. By leveraging our premium features tools and conducting a thorough analysis, long-term investors can make well-informed decisions regarding their investment positions in REC Limited.

REC Ltd. Stock Price Trends

Analyzing REC Limited's stock price trends is essential for understanding its growth potential and market sentiment. Our pre-built screening tools enable investors to track the stock price trends of REC Limited over different timeframes, helping identify short-term and long-term patterns and pricing volatility. By leveraging our platform's premium features tools, investors can make well-informed decisions about long-term investment positions in REC Limited.

REC Ltd. Price Charts

Technical analysis via price chart analysis provides additional insights into REC Limited's stock performance. On our website, you can find dynamic price charts displaying historical price movements, technical indicators, and patterns. These charts assist investors in identifying potential entry and exit points, support and resistance levels, and trend reversals. By incorporating these insights into our premium features tools, investors can conduct a comprehensive analysis and make well-informed decisions about REC Limited as a long-term investment.

REC Ltd. News Updates

Staying updated with the latest news and developments concerning REC Limited is fundamental for long-term investors. Our website provides comprehensive and timely information sourced from reliable news channels. Through articles and news updates, investors gain insights into REC's industry trends, market position, and future outlook. This information empowers investors to make well-informed decisions and stay ahead of market dynamics affecting their long-term investment positions in REC Limited.

REC Ltd. Conference Calls

REC Limited's conference calls offer crucial insights into the company's operations, financial performance, and growth strategies. On our platform, you can find a searchable collection of REC Limited's conference calls, including downloadable recordings. By listening to these calls, investors gain a deep understanding of REC's management team, growth plans, and economic factors impacting the company's performance. Leveraging our premium features tools, investors can conduct a comprehensive analysis and make well-informed decisions regarding their long-term investment positions in REC Limited.

REC Ltd. Transcripts

Transcripts of REC Limited's conference calls capture important discussions and insights, providing investors with a detailed record. Our platform provides downloadable transcripts that include in-depth analyses of the company's financial performance, future plans, and market trends. Reviewing these transcripts offers valuable insights into REC's strategies, growth potential, and adaptability to market dynamics. By leveraging our premium features tools and conducting a comprehensive analysis, investors can make well-informed decisions about REC Limited.

REC Ltd. Investor Presentations

REC Limited's investor presentations offer detailed information about the company's financials, strategic initiatives, and future plans. On our platform, you can easily access these investor presentations in downloadable PDF format. Investor presentations provide insights beyond the numbers, deep-diving into REC's growth strategy, market expansion plans, and competitive advantages. By leveraging our premium features tools and pre-built screening tools, investors can conduct a comprehensive analysis of REC Limited and make sound investment decisions.

REC Ltd. Promoters and Shareholders

Understanding the ownership structure of REC Limited is crucial for long-term investors seeking to evaluate the company's growth potential and stability. Our pre-built screening tools enable investors to assess promoter holdings and analyze the company's shareholder base. By understanding the distribution of ownership and alignment of interests, investors can make well-informed decisions about their long-term investment positions in REC Limited.

REC Limited ROCE

The Return on Capital Employed (ROCE) is a financial indicator that measures the profitability and efficiency of a company's capital investments. It is a key metric used by investors to analyze the performance of REC Limited. Our stock analysis page provides the ROCE data for REC Limited, enabling investors to assess the company's ability to generate returns on the capital invested. By understanding the ROCE, investors can make informed decisions regarding their investment in REC Limited.

REC Limited EBITDA

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a financial metric that provides insights into a company's profitability by measuring its operating performance. REC Limited's EBITDA data is available on our stock analysis page, allowing investors to evaluate the company's ability to generate earnings from its core operations. By examining the EBITDA, investors can gain a better understanding of REC Limited's financial health and make informed investment decisions.

REC Limited DPS

DPS refers to Dividends Per Share, which is a key indicator of the dividends distributed by a company to its shareholders. Our stock analysis page provides the DPS data for REC Limited, allowing investors to track the company's dividend history. By analyzing the DPS, investors can assess REC Limited's dividend policy and determine if it aligns with their investment goals. This information can be critical for income-focused investors seeking regular dividend income.

REC Limited EPS

EPS, or Earnings Per Share, is a widely used financial metric that reflects a company's profitability on a per-share basis. It is an essential indicator for investors as it helps assess the company's earning potential relative to the number of shares outstanding. On our stock analysis page, you can find the EPS data for REC Limited, enabling investors to gauge the company's profitability and make informed investment decisions. By analyzing the EPS, investors can compare REC Limited's earnings performance with that of its peers and industry benchmarks.

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