REC Past Earnings Performance
Past criteria checks 4/6
REC has been growing earnings at an average annual rate of 20.5%, while the Diversified Financial industry saw earnings growing at 20.5% annually. Revenues have been growing at an average rate of 15.2% per year. REC's return on equity is 20.1%, and it has net margins of 74.7%.
Key information
20.5%
Earnings growth rate
20.5%
EPS growth rate
| Diversified Financial Industry Growth | 18.9% |
| Revenue growth rate | 15.2% |
| Return on equity | 20.1% |
| Net Margin | 74.7% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
REC (NSE:RECLTD) Is Due To Pay A Dividend Of ₹3.50
Aug 01
REC 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 12REC Limited's (NSE:RECLTD) Share Price Boosted 27% But Its Business Prospects Need A Lift Too
Dec 18Does REC (NSE:RECLTD) Deserve A Spot On Your Watchlist?
Dec 12Here's Why We Think REC (NSE:RECLTD) Is Well Worth Watching
Sep 13REC (NSE:RECLTD) Has Affirmed Its Dividend Of ₹4.50
Jun 29REC (NSE:RECLTD) Is Increasing Its Dividend To ₹5.00
Nov 01Do REC's (NSE:RECLTD) Earnings Warrant Your Attention?
Feb 06Revenue & Expenses Breakdown
How REC makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 195,617 | 146,043 | 5,555 | 0 |
| 31 Mar 24 | 189,463 | 141,122 | 5,173 | 0 |
| 31 Dec 23 | 175,556 | 130,984 | 4,327 | 0 |
| 30 Sep 23 | 171,551 | 127,054 | 3,564 | 0 |
| 30 Jun 23 | 160,535 | 116,476 | 3,653 | 0 |
| 31 Mar 23 | 156,667 | 111,337 | 4,222 | 0 |
| 31 Dec 22 | 151,213 | 103,688 | 4,563 | 0 |
| 30 Sep 22 | 148,718 | 102,269 | 4,439 | 0 |
| 30 Jun 22 | 153,405 | 101,871 | 4,324 | 0 |
| 31 Mar 22 | 137,999 | 100,016 | 3,590 | 0 |
| 31 Dec 21 | 126,671 | 98,122 | 2,850 | 0 |
| 30 Sep 21 | 126,061 | 92,967 | 2,838 | 0 |
| 30 Jun 21 | 107,247 | 88,016 | 2,738 | 0 |
| 31 Mar 21 | 117,056 | 83,782 | 3,206 | 0 |
| 31 Dec 20 | 112,669 | 67,744 | 4,663 | 0 |
| 30 Sep 20 | 105,728 | 61,832 | 4,719 | 0 |
| 30 Jun 20 | 107,215 | 53,086 | 4,988 | 0 |
| 31 Mar 20 | 101,067 | 49,723 | 4,631 | 0 |
| 31 Dec 19 | 102,322 | 57,509 | 3,039 | 0 |
| 30 Sep 19 | 87,385 | 53,681 | 2,995 | 0 |
| 30 Jun 19 | 94,878 | 57,784 | 3,471 | 0 |
| 31 Mar 19 | 97,813 | 57,414 | 3,651 | 0 |
| 31 Mar 18 | 93,327 | 44,505 | 2,443 | 0 |
| 31 Mar 17 | 98,935 | 63,134 | 2,866 | 0 |
| 31 Mar 16 | 94,644 | 56,914 | 2,818 | 0 |
| 31 Mar 15 | 81,976 | 53,444 | 2,502 | 0 |
| 31 Mar 14 | 72,532 | 47,413 | 2,058 | 0 |
Quality Earnings: RECLTD has high quality earnings.
Growing Profit Margin: RECLTD's current net profit margins (74.7%) are higher than last year (72.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: RECLTD's earnings have grown significantly by 20.5% per year over the past 5 years.
Accelerating Growth: RECLTD's earnings growth over the past year (25.4%) exceeds its 5-year average (20.5% per year).
Earnings vs Industry: RECLTD earnings growth over the past year (25.4%) did not outperform the Diversified Financial industry 28.4%.
Return on Equity
High ROE: Whilst RECLTD's Return on Equity (20.07%) is high, this metric is skewed due to their high level of debt.