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REC share price

REC Ltd.

NSE: RECLTD BSE: 532955 SECTOR: Finance Term Lending  275k   1k   345

394.60
-6.00 (-1.50%)
NSE: 07 Dec 03:59 PM

Price Summary

Today's High

₹ 403.25

Today's Low

₹ 393

52 Week High

₹ 408

52 Week Low

₹ 108

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

103907.02 Cr.

Advances

422083.91 Cr.

No. of Shares

263.32 Cr.

P/E

8.24

P/B

1.66

Face Value

₹ 10

Div. Yield

3.37 %

Book Value (TTM)

₹  237.58

Operating Revenue

39208.06 Cr.

Net Profit

11054.64 Cr.

Promoter Holding

52.63 %

EPS (TTM)

₹  47.9

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 33 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 %
Sep 2023 52.63 0
Jun 2023 52.63 0
Mar 2023 52.63 0
Dec 2022 52.63 0
Sep 2022 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 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023
Operating Revenue 9940 9694.89 10113.27 10959.2 11575.94
Other Income 8.55 16.82 10.69 5.06 14.22
Interest Expended 5728.67 6134.96 6497.34 7049.84 7350.04
Operating Expenses 785 11.69 -190.85 196.69 -572.62
Total Provisions 0 0 0 0 0
Depreciation 5.85 6.1 6.25 5.78 6.07
Profit Before Tax 3429.03 3558.96 3811.22 3711.95 4806.67
Tax 700.65 680.88 810.31 751.22 1033.8
Net Profit 2728.38 2878.08 3000.91 2960.73 3772.87
Adjusted EPS (RS) 10.36 10.93 11.4 11.24 14.33

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 2397.63 2232.38 1524.93 1869.69 2705.8
Other Loans 20328.15 24074.17 24644.63 27680.42 27349.16
Other N/C Assets 0 0 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 Sep 2022% Dec 2022% Mar 2023% Jun 2023% Sep 2023%
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 Sep 2022% Dec 2022% Mar 2023% Jun 2023% Sep 2023%
investors 47.37 47.37 47.37 47.37 47.37
hdfc trustee company ltd.... - - - 4.45 3.93
investor education and pr... - - - - 0.01
nippon life india trustee... - - - - 1.06
investor education and pr... 0.01 0.01 0.01 0.01 -
life insurance corporatio... - - - 1.21 -
the windacre partnership ... 4.35 3.64 3.57 3.38 -
hdfc large and mid cap fu... - - 4.92 - -
lici child fortune plus g... 2.67 2.10 1.99 - -
hdfc trustee company ltd.... - 5.33 - - -
hdfc trustee company limi... 6.94 - - - -
the prudential assurance ... 1.15 - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

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 signs Foreign Currency Term Loan agreement with EXIM Bank7 Sep 2023, 3:10PM REC raises $1.15 billion from 6 banks in August6 Sep 2023, 5:58PM REC gets nod to sell entire stake of Beawar Transmission to Sterlite Grid 2729 Aug 2023, 3:50PM REC to provide loan to Damodar Valley Corporation to set up thermal power project 28 Aug 2023, 3:59PM REC gets nod to raise funds up to Rs 1,05,000 crore through private placement 27 Jul 2023, 4:00PM REC reports 21% rise in Q1 consolidated net profit27 Jul 2023, 2:21PM REC - Quaterly Results26 Jul 2023, 3:36PM REC - Quaterly Results26 Jul 2023, 3:36PM REC - Quaterly Results26 Jul 2023, 3:36PM REC, PFC ink MoUs with Hero Future Energies26 Jul 2023, 12:50PM REC inks MoU with Avaada Group to fund energy projects worth Rs 20,000 crore24 Jul 2023, 3:40PM REC inks MoU with PMI Electro Mobility24 Jul 2023, 12:12PM REC extends loan of Rs 4,785 crore to HRRL to set up refinery cum complex in Barmer5 Jul 2023, 11:17AM REC to provide Rs 3,045 crore finance to Bangalore Metro26 Jun 2023, 11:40AM REC gets nod to incorporate Project Specific SPV24 Jun 2023, 4:34PM REC planning to increase loan book over two-fold to Rs 10 lakh crore by 203019 May 2023, 11:52AM REC reports 33% rise in Q4 consolidated net profit18 May 2023, 12:30PM REC gets nod to incorporate SPVs as wholly owned subsidiaries of RECPDCL17 May 2023, 6:28PM REC - Quaterly Results17 May 2023, 5:25PM REC - Quaterly Results17 May 2023, 5:25PM REC - Quaterly Results17 May 2023, 5:25PM REC lists green bonds worth $750 million on IFSC stock exchanges4 May 2023, 5:12PM REC’s board approves entire stake sale of KPS1 Transmission held by its arm31 Mar 2023, 5:57PM REC’s arm hands over 6 SPVs to Power Grid 23 Mar 2023, 11:08AM REC informs about disclosure22 Mar 2023, 2:32PM REC informs about outcome of board meeting10 Mar 2023, 5:03PM REC to incorporate two SPVs as wholly owned subsidiaries of RECPDCL10 Mar 2023, 4:35PM REC’s board approves Rs 1,20,000 crore market borrowing programme for FY2410 Mar 2023, 10:29AM REC - Quaterly Results30 Jan 2023, 6:32PM REC - Quaterly Results30 Jan 2023, 6:32PM

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 394.6. 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 3.41849686359593.

  • P/B ratio can be one of the best metrics to value such companies. Currently, REC is trading at a P/B of 1.6649 . 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 range, 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 approach, 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 approach, 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 approach, 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.

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