Equities

REC Limited

RECLTD:NSI

REC Limited

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FinancialsFinance and Credit Services
  • Price (INR)536.20
  • Today's Change-9.20 / -1.69%
  • Shares traded7.14m
  • 1 Year change+315.66%
  • Beta1.1111
Data delayed at least 15 minutes, as of May 22 2024 11:29 BST.
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About the company

REC Limited is an India-based infrastructure finance company. The Company's products are interest-bearing loans to state electricity boards, state power utilities/state power departments and private sector for all segments of power infrastructure. It operates in one business segment which is lending to power, logistic and infrastructure sector. 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 revolving bill payment facility. Its debt refinancing policy is applicable for extending term loan for refinancing existing project term loan of all types of commissioned project in power sector, including renewable energy projects, of government and private sector borrowers. It acts as a nodal agency for the Government of India's schemes.

  • Revenue in INR (TTM)470.30bn
  • Net income in INR141.45bn
  • Incorporated1969
  • Employees419.00
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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)
Mahindra and Mahindra Financial Svcs Ltd157.97bn19.33bn325.14bn26.33k16.851.6314.662.0615.6315.63127.72161.480.1381--116.28--1.701.571.832.3350.4555.1112.3011.21----0.831129.0124.398.78-6.741.1318.9920.90
Poonawalla Fincorp Ltd31.10bn16.51bn355.26bn2.45k21.594.3320.7711.4221.2421.6540.01105.990.1315------6.982.246.983.2769.4461.0553.1117.40--1,852.160.650718.2660.384.84190.3240.28-19.8920.11
LIC Housing Finance Ltd271.90bn47.59bn358.45bn2.46k7.531.147.421.3286.5386.53494.35572.240.0954--5,101.25--1.671.221.741.7831.8882.6517.5113.79----0.885215.0120.109.3564.6314.35-5.863.44
L&T Finance Ltd140.44bn23.20bn395.51bn27.51k17.061.6916.262.829.319.3156.3594.170.1343--110.95--2.220.99772.241.47----16.507.88--1.700.765--5.631.12461.320.82885.4221.87
Sundaram Finance Ltd64.06bn16.01bn514.79bn4.74k32.15--31.858.04145.32145.32581.37--------13,523,710.00--2.37--3.2049.8550.5122.5621.38------17.967.20-2.4412.3112.54-8.5917.61
Housing And Urban Development Corp Ltd75.72bn20.56bn540.51bn673.0026.30--26.167.1410.2710.2737.83--------112,517,800.00--2.13--2.1999.9699.9527.1522.97--1.48--34.121.3711.06-0.872811.00-19.9141.32
SBI Cards and Payment Services Ltd169.69bn24.08bn675.05bn3.91k28.025.5925.923.9825.3325.33178.52127.070.3272--88.09--4.644.964.789.4490.3291.1514.1914.22--2.050.76759.4524.1619.386.6222.79-4.31--
Muthoot Finance Ltd141.12bn41.59bn683.85bn27.27k16.442.8515.604.85103.59103.59351.51598.250.1706--1,140.685,174,298.005.195.635.265.8264.0465.2030.4331.99----0.727821.45-2.4012.07-10.0714.5731.1317.08
Shriram Finance Ltd363.76bn73.66bn892.01bn64.05k12.131.8211.182.45195.72195.72966.511,302.500.1586--1,060.07--3.222.733.933.8356.1253.0820.3217.59----0.797419.4619.3718.6222.5523.3927.7730.94
Cholamandalam Investment and Fin Co Ltd189.94bn34.20bn1.09tn13.25k31.525.5430.095.7241.0141.01228.05233.260.1405--121.25--2.522.482.553.2951.4052.8817.9618.17----0.8728--47.4221.7928.3423.3475.159.00
REC Limited470.30bn141.45bn1.44tn419.0010.212.0810.163.0653.5853.58178.19263.370.0928--352.52--2.792.382.922.6035.9138.6730.0825.58----0.865331.3019.1113.1126.6719.76-18.0414.17
Power Finance Corporation Ltd910.97bn197.61bn1.55tn519.007.831.535.841.7059.8859.88276.06306.500.0942--501.86--2.742.342.872.8799.7699.8229.0524.63--1.560.865223.1317.0810.9824.3714.7826.60--
Data as of May 22 2024. Currency figures normalised to REC Limited's reporting currency: Indian Rupee INR

Institutional shareholders

10.58%Per cent of shares held by top holders
HolderShares% Held
HDFC Asset Management Co. Ltd. (Invt Mgmt)as of 30 Apr 202459.81m2.27%
The Vanguard Group, Inc.as of 09 May 202449.78m1.89%
BlackRock Fund Advisorsas of 09 May 202431.65m1.20%
Nippon Life India Asset Management Ltd. (Invt Mgmt)as of 30 Apr 202427.31m1.04%
Dimensional Fund Advisors LPas of 09 May 202426.34m1.00%
SBI Funds Management Ltd.as of 30 Apr 202420.90m0.79%
DSP Asset Managers Pvt. Ltd.as of 30 Apr 202419.82m0.75%
Kotak Mahindra Asset Management Co. Ltd.as of 30 Apr 202414.51m0.55%
Norges Bank Investment Managementas of 31 Dec 202314.51m0.55%
ICICI Prudential Asset Management Co. Ltd.as of 30 Apr 202413.81m0.53%
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Data from 31 Dec 2023 - 16 May 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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