Equities

REC Limited

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RECLTD:NSI

REC Limited

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FinancialsFinance and Credit Services
  • Price (INR)364.30
  • Today's Change6.25 / 1.75%
  • Shares traded6.01m
  • 1 Year change-5.13%
  • Beta1.2996
Data delayed at least 15 minutes, as of Feb 18 2026 10:29 GMT.
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Notice
Important Notice
Please note that effective 5th February, 2026 the Financial Times will no longer publish or present securities from the Nairobi Stock Exchange.

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About the company

REC Limited is a non-banking financial company (NBFC). The Company's products are interest-bearing loans to state electricity boards, state power utilities/state power departments and the private sector for all segments of power infrastructure. It operates in one business segment which is lending to power, logistics and infrastructure sectors. Its financial products include long-term loan, medium term loan, short-term loan, debt refinancing, equity financing, financing of equipment manufacturing for power sector, financing of coal mines, policy for funding against regulatory assets (excluding return on equity component) of power utilities and a revolving bill payment facility. Its debt refinancing policy is applicable for extending term loans for refinancing existing project term loan of all types of commissioned project in power sector, including renewable energy projects, by government and private sector borrowers. It acts as a nodal agency for the Government of India's schemes.

  • Revenue in INR (TTM)602.60bn
  • Net income in INR172.43bn
  • Incorporated1969
  • Employees573.00
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Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Multi Commodity Exchange Of India Ltd17.04bn9.37bn581.11bn400.00114.65--57.0934.0919.9219.9216.71--------42,609,750.00--7.60--10.8895.0674.9854.9935.56--355.73--44.7059.4925.69573.8518.8228.190.00
HDB Financial Services Ltd178.99bn23.24bn594.88bn60.43k25.44--23.493.3228.2328.23217.43--------2,961,825.00------------12.98----1.87----15.01---11.58------
L&T Finance Ltd170.96bn28.11bn745.19bn36.52k26.55--24.844.3611.2111.2168.19--------4,681,088.00--1.08--1.7561.55--16.438.41--16.72--22.9612.121.7313.953.9919.6326.86
REC Limited602.60bn172.43bn944.27bn573.005.48--5.471.5765.4965.49228.88--------1,051,653,000.00--2.58--3.0139.7339.2628.6127.43--20.35--29.3018.6313.4912.2926.15-3.7416.89
BSE Ltd43.96bn21.77bn1.12tn771.0052.18--48.5225.4152.5652.97106.10--------57,014,920.00--7.95--14.6187.3888.8649.3238.90------35.66106.3544.9670.3160.9532.2726.01
IDBI Bank Ltd281.99bn92.90bn1.22tn19.73k13.171.76--6.128.648.6418.5964.76--------2.321.27--------46.5025.80------23.369.356.7631.83--3.39--
Indian Bank658.75bn115.13bn1.24tn40.07k10.771.55--3.3385.4785.47276.40593.32--------1.270.9248--------30.3722.30------13.9611.4823.7233.7667.2215.81--
Power Finance Corporation Ltd1.16tn252.18bn1.38tn540.005.46--4.111.1976.4276.42350.86--------2,144,243,000.00--2.54--3.1999.7799.8228.8326.57--1.60--22.4817.8411.4916.3420.8545.1315.76
Data as of Feb 18 2026. Currency figures normalised to REC Limited's reporting currency: Indian Rupee INR

Institutional shareholders

13.47%Per cent of shares held by top holders
HolderShares% Held
Life Insurance Corporation of India (Investment Portfolio)as of 30 Sep 202597.81m3.71%
ICICI Prudential Asset Management Co. Ltd. (Invt Mgmt)as of 31 Jan 202652.35m1.99%
The Vanguard Group, Inc.as of 04 Feb 202649.63m1.89%
BlackRock Fund Advisorsas of 06 Feb 202630.54m1.16%
Kotak Mahindra Asset Management Co. Ltd.as of 31 Jan 202623.91m0.91%
Dimensional Fund Advisors LPas of 05 Feb 202623.66m0.90%
Nippon Life India Asset Management Ltd. (Invt Mgmt)as of 31 Dec 202522.04m0.84%
HDFC Asset Management Co. Ltd. (Invt Mgmt)as of 31 Jan 202620.00m0.76%
Bandhan AMC Ltd.as of 31 Jan 202619.12m0.73%
SBI Funds Management Ltd.as of 31 Jan 202615.59m0.59%
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Data from 31 Dec 2025 - 10 Feb 2026Source: FactSet Research Systems Inc.
Data Provided by LSEG
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