HomeRECLTD • NSE
add
REC Limited
Previous close
₹402.25
Day range
₹407.45 - ₹424.75
Year range
₹357.35 - ₹654.00
Market cap
1.12T INR
Avg Volume
7.59M
P/E ratio
7.13
Dividend yield
3.64%
Primary exchange
NSE
In the news
Financials
Income Statement
Revenue
Net income
| (INR) | Dec 2024info | Y/Y change |
|---|---|---|
Revenue | 55.36B | 27.17% |
Operating expense | 2.48B | 25.71% |
Net income | 40.76B | 23.21% |
Net profit margin | 73.63 | -3.12% |
Earnings per share | 15.30 | 23.19% |
EBITDA | — | — |
Effective tax rate | 21.32% | — |
Balance Sheet
Total assets
Total liabilities
| (INR) | Dec 2024info | Y/Y change |
|---|---|---|
Cash and short-term investments | 194.99B | 39.20% |
Total assets | 6.13T | 14.56% |
Total liabilities | 5.36T | 14.06% |
Total equity | 771.66B | — |
Shares outstanding | 2.63B | — |
Price to book | 1.37 | — |
Return on assets | 2.70% | — |
Return on capital | — | — |
Cash Flow
Net change in cash
| (INR) | Dec 2024info | Y/Y change |
|---|---|---|
Net income | 40.76B | 23.21% |
Cash from operations | -156.91B | 23.48% |
Cash from investing | -830.10M | 91.50% |
Cash from financing | 125.28B | -26.23% |
Net change in cash | -32.46B | 27.88% |
Free cash flow | — | — |
About
REC Limited, formerly Rural Electrification Corporation Limited, is an Indian public sector company that finances and promotes power projects across India. It loans to Central/State Sector Power Utilities, State Electricity Boards, Rural Electric Cooperatives, NGOs and Private Power Developers. It is a subsidiary of Power Finance Corporation and is under administrative control of the Ministry of Power, Government of India.
On 20 March 2019, PFC agreed to acquire a 52.63% controlling stake in REC for ₹14,500 crore. On 28 March, PFC announced it had paid for the acquisition and intended to merge with REC in 2020. However, REC has maintained that merging PFC-REC is no longer an option.
From 1 September 2023, REC has been included in the Morgan Stanley Capital International Global Standard Index.
REC has diversified into non-power infrastructure and logistics, now covering airports, metro, railways, ports, and bridges. REC has 22 regional offices.. Wikipedia
Founded
Jul 25, 1969
Website
Employees
512
