RECLTD Stock Overview
Engages in the provision of financing services for power generation, transmission, and distribution projects in India. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 3/6 |
| Past Performance | 3/6 |
| Financial Health | 3/6 |
| Dividends | 4/6 |
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REC Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹538.05 |
| 52 Week High | ₹654.00 |
| 52 Week Low | ₹408.30 |
| Beta | 0.74 |
| 1 Month Change | -1.28% |
| 3 Month Change | 2.67% |
| 1 Year Change | 23.89% |
| 3 Year Change | 425.95% |
| 5 Year Change | 404.32% |
| Change since IPO | 1,082.85% |
Recent News & Updates
Recent updates
Here's Why We Think REC (NSE:RECLTD) Might Deserve Your Attention Today
Dec 23
Investors Don't See Light At End Of REC Limited's (NSE:RECLTD) Tunnel
Nov 26REC's (NSE:RECLTD) Dividend Will Be Increased To ₹4.00
Oct 31Here's Why REC (NSE:RECLTD) Has Caught The Eye Of Investors
Sep 23REC (NSE:RECLTD) Is Due To Pay A Dividend Of ₹3.50
Aug 01REC Limited's (NSE:RECLTD) Share Price Boosted 26% But Its Business Prospects Need A Lift Too
Jul 12Improved Earnings Required Before REC Limited (NSE:RECLTD) Stock's 26% Jump Looks Justified
May 25REC Limited's (NSE:RECLTD) Business And Shares Still Trailing The Market
Apr 08Is Now The Time To Put REC (NSE:RECLTD) On Your Watchlist?
Mar 12Shareholder Returns
| RECLTD | IN Diversified Financial | IN Market | |
|---|---|---|---|
| 7D | 6.0% | 3.8% | 1.6% |
| 1Y | 23.9% | 21.4% | 17.5% |
Return vs Industry: RECLTD exceeded the Indian Diversified Financial industry which returned 21.4% over the past year.
Return vs Market: RECLTD exceeded the Indian Market which returned 17.5% over the past year.
Price Volatility
| RECLTD volatility | |
|---|---|
| RECLTD Average Weekly Movement | 5.0% |
| Diversified Financial Industry Average Movement | 6.2% |
| Market Average Movement | 6.2% |
| 10% most volatile stocks in IN Market | 9.1% |
| 10% least volatile stocks in IN Market | 4.1% |
Stable Share Price: RECLTD has not had significant price volatility in the past 3 months compared to the Indian market.
Volatility Over Time: RECLTD's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1969 | 512 | Vivek Dewangan | www.recindia.nic.in |
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 of Pradhan Mantri Sahaj Bijli Har Ghar Yojana, Pradhan Mantri Surya Ghar Muft Bujli 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; provides project implementation and consultancy services in power sector; and operates National Feeder Monitoring System, a cloud-based IT and analytical platform, designed to monitor the reliability and quality of power.
REC Limited Fundamentals Summary
| RECLTD fundamental statistics | |
|---|---|
| Market cap | ₹1.42t |
| Earnings (TTM) | ₹148.52b |
| Revenue (TTM) | ₹197.63b |
9.5x
P/E Ratio7.2x
P/S RatioIs RECLTD overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| RECLTD income statement (TTM) | |
|---|---|
| Revenue | ₹197.63b |
| Cost of Revenue | ₹1.21b |
| Gross Profit | ₹196.42b |
| Other Expenses | ₹47.90b |
| Earnings | ₹148.52b |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 56.40 |
| Gross Margin | 99.39% |
| Net Profit Margin | 75.15% |
| Debt/Equity Ratio | 695.0% |
How did RECLTD perform over the long term?
See historical performance and comparisonDividends
3.7%
Current Dividend Yield30%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/04 02:20 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
REC Limited is covered by 39 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Saurabh Mukherjea | Ambit Capital |
| null null | Anand Rathi Shares and Stock Brokers Limited |
| Clyton Fernandes | Anand Rathi Shares and Stock Brokers Limited |