Español 
Deutsch 
Français 
MSCI World Index (MSC)
NASDAQ Composite (NASDAQ)
FTSE China A50 Index (FGI)
STOXX Europe 600 (SIX)
Nikkei 300 (OSA)
NIFTY 50 (NSE)
DAX Performance Index (XETRA)
FTSE 100 (FGI)
CAC 40 (EURONEXT)
REC Limited (RECLTD.NS)
Gurugram, IN
REC Limited, an Indian public financial institution, is dedicated to providing comprehensive financial assistance for crucial power sector initiatives across the nation, encompassing generation, transmission, and distribution projects. Its core offerings include a spectrum of loan products, from short-term to medium- and long-term financing options. Beyond its financing activities, REC plays a pivotal role as a nodal agency, overseeing the implementation of several significant government programs. These include initiatives like the Pradhan Mantri Sahaj Bijli Har Ghar Yojana (focused on universal household electrification), the Deen Dayal Upadhyaya Gram Jyoti Yojana, the National Electricity Fund, the Outage Management System, and the 11kv Rural Feeder Monitoring Scheme. Furthermore, REC acts as the designated bid process coordinator for competitively selecting transmission service providers through tariff-based bidding for both independent inter-state and intra-state transmission ventures. The company also extends its expertise through implementation and consultancy services within the power domain. Its clientele encompasses a broad range, serving both central and state government-owned power utilities, as well as private sector players. Established in 1969, REC is headquartered in Gurugram, India. The company underwent a name change in October 2018, transitioning from its original identity as Rural Electrification Corporation Limited. Currently, REC Limited operates as a subsidiary of Power Finance Corporation Limited.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -1.95% | -4.25% | -1.46% | -1.71% | -4.84% | -3.39% | -16.47% | +159.47% | +229.23% | +459.94% | +657.75% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 2 | +1 |
| Buy | 8 | -3 |
| Hold | 3 | +2 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Financial - Credit Services: +13.2%+4.2% Q1'26: -6.2% (vs Q1'25)
-
EPS growth Financial - Credit Services: +24.0%+2.7% Q1'26: -21.9% (vs Q1'25)
-
FCF margin FCF growth · Financial - Credit Services: +70.9%+9.7% Q1'26: -21.3% (vs Q1'25)
-
EBIT margin Financial - Credit Services: +28.7%+97.6% ★ Q1'26: +30.9% (vs Q1'25)
-
ROIC Financial - Credit Services: +5.0%+7.5% ★ Q1'26: +2.3% (vs Q1'25)
-
Share dilution Financial - Credit Services: +0.0%0.0% ★ Q1'26: +0.2% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Financial - Credit Services: 4.07×9.03× Q1'26: 29.10× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Mar 2010 actual |
Mar 2011 actual |
Mar 2012 actual |
Mar 2013 actual |
Mar 2014 actual |
Mar 2015 actual |
Mar 2016 actual |
Mar 2017 actual |
Mar 2018 actual |
Mar 2019 actual |
Mar 2020 actual |
Mar 2021 actual |
Mar 2022 actual |
Mar 2023 actual |
Mar 2024 actual |
Mar 2025 actual |
Mar 2026 10 Rev. Ana. 12 EPS Ana. |
Mar 2027 8 Rev. Ana. 10 EPS Ana. |
Mar 2028 9 Rev. Ana. 10 EPS Ana. |
Mar 2029 2 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
65.50B
est: 26.00B (+151.9%)
|
48.51B
est: 35.01B (+38.6%)
|
103.38B
est: 41.78B (+147.4%)
|
135.46B
est: 55.66B (+143.4%)
|
168.97B
est: 72.21B (+134.0%)
|
202.83B
est: 84.41B (+140.3%)
|
234.25B
est: 96.20B (+143.5%)
|
241.24B
est: 104.59B (+130.6%)
|
219.29B
est: 88.50B (+147.8%)
|
244.43B
est: 108.94B (+124.4%)
|
275.39B
est: 108.01B (+155.0%)
|
351.47B
est: 136.09B (+158.3%)
|
384.20B
est: 164.63B (+133.4%)
|
383.34B
est: 156.63B (+144.8%)
|
471.88B
est: 195.62B (+141.2%)
|
560.31B
est: 207.38B (+170.2%)
|
221.54B
221.54B – 227.83B
+6.8% YoY
|
237.04B
237.04B – 243.35B
+7.0% YoY
|
258.29B
258.29B – 271.31B
+9.0% YoY
|
275.15B
275.15B – 282.47B
+6.5% YoY
|
| EBITDA |
65.94B
est: 9.02B (+631.0%)
|
35.02B
est: 12.15B (+188.3%)
|
102.61B
est: 14.50B (+607.9%)
|
51.90B
est: 51.37B (+1.0%)
|
66.21B
est: 68.16B (-2.9%)
|
75.61B
est: 79.89B (-5.4%)
|
81.66B
est: 87.57B (-6.7%)
|
90.12B
est: 90.19B (-0.1%)
|
59.64B
est: 77.67B (-23.2%)
|
80.99B
est: 67.65B (+19.7%)
|
70.42B
est: 69.77B (+0.9%)
|
107.90B
est: 47.64B (+126.5%)
|
124.49B
est: 55.46B (+124.5%)
|
139.22B
est: 61.81B (+125.2%)
|
179.84B
est: 94.07B (+91.2%)
|
201.42B
est: 80.28B (+150.9%)
|
106.54B
106.54B – 109.56B
+32.7% YoY
|
113.99B
113.99B – 117.02B
+7.0% YoY
|
124.21B
124.21B – 130.47B
+9.0% YoY
|
132.32B
132.32B – 135.84B
+6.5% YoY
|
| EBIT |
65.92B
est: 23.08B (+185.6%)
|
34.99B
est: 33.84B (+3.4%)
|
102.58B
est: 39.06B (+162.6%)
|
51.86B
est: 50.02B (+3.7%)
|
66.17B
est: 66.40B (-0.3%)
|
75.52B
est: 77.39B (-2.4%)
|
81.47B
est: 83.86B (-2.9%)
|
89.72B
est: 87.52B (+2.5%)
|
59.58B
est: 75.77B (-21.4%)
|
80.90B
est: 82.11B (-1.5%)
|
70.30B
est: 86.15B (-18.4%)
|
107.80B
est: 95.29B (+13.1%)
|
124.31B
est: 110.93B (+12.1%)
|
138.98B
est: 123.63B (+12.4%)
|
179.60B
est: 93.97B (+91.1%)
|
201.17B
est: 160.58B (+25.3%)
|
106.43B
106.43B – 109.45B
-33.7% YoY
|
113.87B
113.87B – 116.90B
+7.0% YoY
|
124.08B
124.08B – 130.33B
+9.0% YoY
|
132.18B
132.18B – 135.70B
+6.5% YoY
|
| Net Income |
20.22B
est: 16.86B (+19.9%)
|
25.85B
est: 27.23B (-5.1%)
|
28.39B
est: 30.85B (-8.0%)
|
38.33B
est: 37.82B (+1.3%)
|
47.41B
est: 49.72B (-4.6%)
|
53.44B
est: 56.35B (-5.2%)
|
56.91B
est: 60.65B (-6.2%)
|
63.13B
est: 62.02B (+1.8%)
|
44.51B
est: 53.93B (-17.5%)
|
57.41B
est: 55.94B (+2.6%)
|
49.72B
est: 55.34B (-10.1%)
|
83.78B
est: 50.75B (+65.1%)
|
100.36B
est: 59.08B (+69.9%)
|
111.67B
est: 65.85B (+69.6%)
|
141.45B
est: 148.87B (-5.0%)
|
158.84B
est: 158.82B (+0.0%)
|
169.96B
167.07B – 172.85B
+7.0% YoY
|
169.64B
168.10B – 171.17B
-0.2% YoY
|
185.75B
180.71B – 196.50B
+9.5% YoY
|
186.53B
185.11B – 191.52B
+0.4% YoY
|
| SGA |
25.20M
est: 1.62B (-98.4%)
|
155.30M
est: 2.20B (-92.9%)
|
121.00M
est: 1.98B (-93.9%)
|
204.70M
est: 3.68B (-94.4%)
|
272.40M
est: 3.10B (-91.2%)
|
101.70M
est: 3.31B (-96.9%)
|
202.20M
est: 6.19B (-96.7%)
|
306.90M
est: 13.48B (-97.7%)
|
165.50M
est: 9.15B (-98.2%)
|
949.50M
est: 3.90B (-75.7%)
|
198.60M
est: 4.13B (-95.2%)
|
211.60M
est: 5.46B (-96.1%)
|
3.59B
est: 6.35B (-43.5%)
|
4.22B
est: 7.08B (-40.4%)
|
5.17B
est: 1.64B (+215.6%)
|
5.93B
est: 1.75B (+239.3%)
|
1.86B
1.86B – 1.91B
+6.2% YoY
|
1.99B
1.99B – 2.04B
+7.0% YoY
|
2.16B
2.16B – 2.27B
+9.0% YoY
|
2.31B
2.31B – 2.37B
+6.5% YoY
|
| EPS |
8.74
est: 10.27 (-14.9%)
|
9.82
est: 12.75 (-23.0%)
|
10.78
est: 14.33 (-24.8%)
|
14.55
est: 19.09 (-23.8%)
|
18.00
est: 24.00 (-25.0%)
|
20.30
est: 21.03 (-3.5%)
|
21.62
est: 22.21 (-2.6%)
|
23.98
est: 24.23 (-1.0%)
|
16.91
est: 18.58 (-9.0%)
|
21.80
est: 21.59 (+1.0%)
|
18.88
est: 22.12 (-14.7%)
|
31.82
est: 32.06 (-0.8%)
|
38.11
est: 29.91 (+27.4%)
|
42.28
est: 42.65 (-0.9%)
|
53.72
est: 55.46 (-3.1%)
|
60.20
est: 59.17 (+1.7%)
|
63.32
63.32 – 65.51
+7.0% YoY
|
63.71
63.71 – 64.88
+0.6% YoY
|
68.49
68.49 – 74.47
+7.5% YoY
|
70.16
70.16 – 72.59
+2.4% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-12 | B+ | 3/5 | 1/5 | 5/5 | 5/5 | 1/5 | 4/5 | 3/5 |
| 2026-05-11 | B+ | 3/5 | 1/5 | 5/5 | 5/5 | 1/5 | 4/5 | 3/5 |
| 2026-05-08 | B+ | 3/5 | 1/5 | 5/5 | 5/5 | 1/5 | 4/5 | 3/5 |
| 2026-05-07 | B+ | 3/5 | 1/5 | 5/5 | 5/5 | 1/5 | 4/5 | 3/5 |
| 2026-05-06 | B+ | 3/5 | 1/5 | 5/5 | 5/5 | 1/5 | 4/5 | 3/5 |
| 2026-05-05 | B+ | 3/5 | 1/5 | 5/5 | 5/5 | 1/5 | 4/5 | 3/5 |
| 2026-05-04 | B+ | 3/5 | 1/5 | 5/5 | 5/5 | 1/5 | 4/5 | 3/5 |
| 2026-04-30 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 | 1/5 |
| 2026-04-29 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 | 1/5 |
| 2026-04-28 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 | 1/5 |
| 2026-04-27 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 | 1/5 |
| 2026-04-24 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 | 1/5 |
| 2026-04-23 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 | 1/5 |
| 2026-04-22 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 | 1/5 |
| 2026-04-21 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 | 1/5 |
| 2026-04-20 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 | 1/5 |
| 2026-04-17 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 | 1/5 |
| 2026-04-16 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 | 1/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | Vanguard Emerging Markets Ex-China ETF VEXC | 0.06% | 131.2K | 0.07% |
| 2 | Schwab Emerging Markets Equity ETF SCHE | 0.04% | 5.38M | 0.06% |
| 3 | Vanguard FTSE Emerging Markets UCITS ETF (USD) Distributing VDEM.L | 0.04% | 2.39M | 0.17% |
| 4 | Vanguard FTSE Emerging Markets UCITS ETF (USD) Accumulating VFEA.L | 0.04% | 2.39M | 0.17% |
| 5 | Vanguard FTSE Emerging Markets Shares ETF VGE.AX | 0.04% | 533.3K | 0.48% |
| 6 | Vanguard FTSE Emerging Markets All Cap Index ETF VEE.TO | 0.04% | 1.20M | 0.26% |
| 7 | Vanguard FTSE Asia ex Japan Shares Index ETF VAE.AX | 0.04% | 226.1K | 0.40% |
| 8 | Vanguard FTSE Emerging Markets ETF VWO | 0.04% | 59.36M | 0.06% |
| 9 | Vanguard International High Dividend Yield ETF VYMI | 0.02% | 4.13M | 0.07% |
| 10 | Vanguard ESG International Stock ETF VSGX | 0.01% | 888.0K | 0.10% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Jitendra Srivastava | Chairman & MD | 4M | male |
| Dharmendra Nagpal | Executive Director | — | male |
| Dinesh Garg | GM, Deputy Nodal Officer for Equity Shares, Compliance Officer & Company Secretary | — | male |
| Hemant Kumar | Executive Director | — | male |
| Rajesh Kumar | CFO, Director of Finance & Director | — | male |
| Sahab Narain RECL | Head of Internal Audit Function and GM of Finance & Accounts | — | male |
| Saurabh Rastogi | Executive Director | — | male |
| Taruna Gupta | Executive Director | — | female |
| Thangarajan Subash Chandra Bosh | Director of Projects & Director | — | male |
| Arun Kumar Tyagi | Executive Director of Finance & HR | — | male |
| Virender Kumar Adhana | Chief Vigilance Officer | — | male |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
Share your view on this stock and instantly see how the community has voted over the last 6 months.
Community Opinion for RECLTD.NS
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.
