REC LIMITED
Latest filings
- REC Q2 FY27 profit falls; Rs 3.50 interim dividend declared · Compliance
- REC to discuss Q2 and H1 FY27 results on October 29, 2026 · Board & Shareholder Meetings
- REC Q2 profit falls; dividend declared and Power Finance merger advances · Results
Snapshot
What the business is, and whether it's a good one at a fair price.
Lends to India's power sector and adjacent infrastructure, earning primarily through interest on a Rs 5.82 lakh crore loan book as of Q2 FY26. Operates as a Maharatna public-sector non-banking finance company (NBFC) and acts as the nodal agency for government schemes including the Revamped Distribution Sector Scheme (RDSS) and the PM Surya Ghar rooftop solar programme, where 17 lakh households were covered as of H1 FY26. The loan book spans renewables, thermal, hydro, nuclear, pump storage, battery storage and transmission & distribution; the renewable book stood at Rs 75,347 crore (13% of total) in FY26, with a stated target of 30% (~Rs 3 lakh crore) by 2030 against an overall Rs 10 lakh crore loan book target. Disbursements were a record Rs 1.15 lakh crore in H1 FY26 (+27% YoY) and Rs 2.11 lakh crore for FY26 as a whole. Profit comes from the gap between cost of funds (7.17% in H1 FY26) and the yield on its assets, with guided NIMs of 3.5–3.75% and spread of 2.75–3.5%. Capital adequacy was 23.74% against a 15% requirement and net NPA was 0.24%. The business is expanding beyond power into infrastructure and logistics under a new MoU with the Ministry of Shipping, and has an announced merger with PFC at an 88:100 share-swap ratio with appointed date April 1, 2027.
Scorecard
Measured from the filed financials, judged against its Financial Institution peers · as of FY26 — not investment advice
Strengths
Concerns
Charts
How has the market priced it — with filings on the timeline?
RECLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Peers
How does it stack up on valuation, returns and growth?
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Financials
Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.
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Ownership
Who owns it — and is the promoter stake clean?
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Common questions
Answered from REC LIMITED's filed financials and exchange disclosures
What does REC LIMITED do?
REC LIMITED is a Finance company listed on NSE and BSE, trading under the symbol RECLTD.
Is REC LIMITED profitable?
Yes. Over the trailing twelve months REC LIMITED reported a net profit of ₹16,035 Cr on revenue of ₹59,169 Cr.
Does REC LIMITED pay a dividend?
Yes. The dividend yield is 8.10% at the current price. It paid out 38% of its profit as dividend in FY26.
Is REC LIMITED expensive compared with its peers?
On trailing P/E, REC LIMITED ranks 2 of 8 in Financial Institution — cheaper than 86% of them, against an industry median of 13.9×. This is a position, not a valuation judgement.
How much does the REC LIMITED share price move in a day?
On a typical session REC LIMITED moves 0.92% — that is the median absolute close-to-close move across its last 268 trading days. MarketPing measures each filing's price reaction against it.
Where can I track REC LIMITED's announcements?
Every NSE and BSE filing by REC LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.
Figures are as last reported and may lag the latest filing. Not investment advice.