REC Limited

NSEI:RECLTD Stock Report

Market Cap: ₹1.2t

REC Past Earnings Performance

Past criteria checks 3/6

REC has been growing earnings at an average annual rate of 20.6%, while the Diversified Financial industry saw earnings growing at 20.5% annually. Revenues have been growing at an average rate of 15.3% per year. REC's return on equity is 20.2%, and it has net margins of 75.1%.

Key information

20.6%

Earnings growth rate

20.6%

EPS growth rate

Diversified Financial Industry Growth18.9%
Revenue growth rate15.3%
Return on equity20.2%
Net Margin75.1%
Next Earnings Update10 Feb 2025

Recent past performance updates

Recent updates

Here's Why We Think REC (NSE:RECLTD) Might Deserve Your Attention Today

Dec 23
Here's Why We Think REC (NSE:RECLTD) Might Deserve Your Attention Today

Investors Don't See Light At End Of REC Limited's (NSE:RECLTD) Tunnel

Nov 26
Investors Don't See Light At End Of REC Limited's (NSE:RECLTD) Tunnel

REC's (NSE:RECLTD) Dividend Will Be Increased To ₹4.00

Oct 31
REC's (NSE:RECLTD) Dividend Will Be Increased To ₹4.00

Here's Why REC (NSE:RECLTD) Has Caught The Eye Of Investors

Sep 23
Here's Why REC (NSE:RECLTD) Has Caught The Eye Of Investors

REC (NSE:RECLTD) Is Due To Pay A Dividend Of ₹3.50

Aug 01
REC (NSE:RECLTD) Is Due To Pay A Dividend Of ₹3.50

REC Limited's (NSE:RECLTD) Share Price Boosted 26% But Its Business Prospects Need A Lift Too

Jul 12
REC Limited's (NSE:RECLTD) Share Price Boosted 26% But Its Business Prospects Need A Lift Too

Improved Earnings Required Before REC Limited (NSE:RECLTD) Stock's 26% Jump Looks Justified

May 25
Improved Earnings Required Before REC Limited (NSE:RECLTD) Stock's 26% Jump Looks Justified

REC Limited's (NSE:RECLTD) Business And Shares Still Trailing The Market

Apr 08
REC Limited's (NSE:RECLTD) Business And Shares Still Trailing The Market

Is Now The Time To Put REC (NSE:RECLTD) On Your Watchlist?

Mar 12
Is Now The Time To Put REC (NSE:RECLTD) On Your Watchlist?

Revenue & Expenses Breakdown

How REC makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NSEI:RECLTD Revenue, expenses and earnings (INR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 24197,635148,5215,8910
30 Jun 24195,550146,0435,5550
31 Mar 24189,316141,1225,1730
31 Dec 23175,093130,9844,3650
30 Sep 23171,082127,0543,5940
30 Jun 23160,514116,4763,6370
31 Mar 23156,510111,3374,2220
31 Dec 22151,213103,6884,5630
30 Sep 22148,735102,2694,4560
30 Jun 22153,422101,8714,3410
31 Mar 22137,999100,0163,5900
31 Dec 21126,67198,1222,8500
30 Sep 21126,06192,9672,8380
30 Jun 21107,24788,0162,7380
31 Mar 21117,05683,7823,2060
31 Dec 20112,66967,7444,6630
30 Sep 20105,72861,8324,7190
30 Jun 20107,21553,0864,9880
31 Mar 20101,06749,7234,6310
31 Dec 19102,32257,5093,0390
30 Sep 1987,38553,6812,9950
30 Jun 1994,87857,7843,4710
31 Mar 1997,81357,4143,6510
31 Mar 1893,32744,5052,4430
31 Mar 1798,93563,1342,8660
31 Mar 1694,64456,9142,8180
31 Mar 1581,97653,4442,5020
31 Mar 1472,53247,4132,0580

Quality Earnings: RECLTD has high quality earnings.

Growing Profit Margin: RECLTD's current net profit margins (75.1%) are higher than last year (74.3%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: RECLTD's earnings have grown significantly by 20.6% per year over the past 5 years.

Accelerating Growth: RECLTD's earnings growth over the past year (16.9%) is below its 5-year average (20.6% per year).

Earnings vs Industry: RECLTD earnings growth over the past year (16.9%) did not outperform the Diversified Financial industry 23.3%.

Return on Equity

High ROE: Whilst RECLTD's Return on Equity (20.25%) is high, this metric is skewed due to their high level of debt.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/07 13:47
End of Day Share Price 2025/02/07 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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 Github.

Analyst Sources

REC Limited is covered by 41 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Saurabh MukherjeaAmbit Capital
null nullAnand Rathi Shares and Stock Brokers Limited
Clyton FernandesAnand Rathi Shares and Stock Brokers Limited