Nifty
:
22147.00
Sensex
:
73088.33
151.15 (0.69%)
599.34 (0.83%)
Nifty
Sensex
:
:
22147.00
73088.33
151.15 (0.69%)
599.34 (0.83%)

REC Ltd.

Finance - NBFC

Rating :
64/99

BSE: 532955 | NSE: RECLTD

NSE BSE
425.75
19-Apr-2024
  • Open
  • High
  • Low
  • Previous Close
  •  421.00
  •  428.55
  •  414.80
  •  428.65
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  7628906
  •  32312.66
  •  524.00
  •  121.05

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 112,109.51
  • 8.54
  • 10
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 269,580.07
  • 2.96%
  • 1.69

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 52.63%
  • 1.16%
  • 9.67%
  • FII
  • DII
  • Others
  • 19.91%
  • 14.00%
  • 2.63%

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 8.71
  • 9.22
  • 3.55

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 8.77
  • 9.67
  • 3.12

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 8.94
  • 14.27
  • 10.04

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 4.25
  • 3.73
  • 3.23

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 0.77
  • 0.75
  • 0.80

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 9.72
  • 10.07
  • 9.73

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Dec 23
Dec 22
Var%
Sep 23
Sep 22
Var%
Jun 23
Jun 22
Var%
Mar 23
Mar 22
Var%
Net Sales
12,051.77
9,781.76
23.21%
11,688.24
9,955.99
17.40%
11,087.56
9,497.45
16.74%
10,243.06
9,633.36
6.33%
Expenses
240.26
45.18
431.78%
-492.26
794.27
-
316.11
1,174.55
-73.09%
-149.10
1,440.10
-
EBITDA
11,811.51
9,736.58
21.31%
12,180.50
9,161.72
32.95%
10,771.45
8,322.90
29.42%
10,392.16
8,193.26
26.84%
EBIDTM
98.01%
99.54%
104.21%
92.02%
97.15%
87.63%
101.46%
85.05%
Other Income
19.77
13.71
44.20%
13.02
8.01
62.55%
4.21
8.61
-51.10%
11.57
22.63
-48.87%
Interest
7,653.59
6,133.94
24.77%
7,349.77
5,727.58
28.32%
7,048.67
5,375.59
31.12%
6,496.22
5,353.08
21.35%
Depreciation
6.00
6.12
-1.96%
6.14
5.91
3.89%
5.83
5.95
-2.02%
6.28
5.50
14.18%
PBT
4,171.69
3,610.23
15.55%
4,837.61
3,436.24
40.78%
3,721.16
2,949.97
26.14%
3,901.23
2,857.31
36.54%
Tax
863.27
694.90
24.23%
1,047.71
704.12
48.80%
753.11
495.81
51.89%
835.86
555.98
50.34%
PAT
3,308.42
2,915.33
13.48%
3,789.90
2,732.12
38.72%
2,968.05
2,454.16
20.94%
3,065.37
2,301.33
33.20%
PATM
27.45%
29.80%
32.42%
27.44%
26.77%
25.84%
29.93%
23.89%
EPS
12.56
11.07
13.46%
14.39
13.83
4.05%
11.27
9.32
20.92%
11.64
8.74
33.18%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Net Sales
45,070.63
39,478.26
39,269.05
35,552.84
29,951.65
25,399.02
22,651.60
24,194.92
24,012.88
20,384.34
17,122.21
Net Sales Growth
15.96%
0.53%
10.45%
18.70%
17.92%
12.13%
-6.38%
0.76%
17.80%
19.05%
 
Cost Of Goods Sold
169.93
0.00
0.00
0.00
0.00
0.00
0.04
295.88
156.81
0.44
0.00
Gross Profit
44,900.70
39,478.26
39,269.05
35,552.84
29,951.65
25,399.02
22,651.56
23,899.04
23,856.07
20,383.90
17,122.21
GP Margin
99.62%
100%
100%
100%
100%
100%
100.00%
98.78%
99.35%
100.00%
100%
Total Expenditure
-84.99
1,856.89
4,824.76
3,291.26
3,999.08
1,688.33
3,391.43
1,888.60
1,681.25
1,404.99
885.40
Power & Fuel Cost
-
0.00
0.00
0.00
0.00
0.00
0.00
2.34
2.30
1.43
1.23
% Of Sales
-
0%
0%
0%
0%
0%
0%
0.01%
0.01%
0.01%
0.01%
Employee Cost
-
204.10
180.84
163.62
193.15
177.37
184.04
192.75
143.19
136.75
134.54
% Of Sales
-
0.52%
0.46%
0.46%
0.64%
0.70%
0.81%
0.80%
0.60%
0.67%
0.79%
Manufacturing Exp.
-
80.81
100.81
124.87
100.75
112.23
154.87
117.94
87.04
51.85
17.96
% Of Sales
-
0.20%
0.26%
0.35%
0.34%
0.44%
0.68%
0.49%
0.36%
0.25%
0.10%
General & Admin Exp.
-
78.53
70.41
62.83
72.68
144.61
72.19
67.91
46.65
22.07
77.53
% Of Sales
-
0.20%
0.18%
0.18%
0.24%
0.57%
0.32%
0.28%
0.19%
0.11%
0.45%
Selling & Distn. Exp.
-
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
% Of Sales
-
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
Miscellaneous Exp.
-
1,493.45
4,472.70
2,939.94
3,632.50
1,254.12
2,980.29
1,214.12
1,247.56
1,193.88
0.00
% Of Sales
-
3.78%
11.39%
8.27%
12.13%
4.94%
13.16%
5.02%
5.20%
5.86%
3.83%
EBITDA
45,155.62
37,621.37
34,444.29
32,261.58
25,952.57
23,710.69
19,260.17
22,306.32
22,331.63
18,979.35
16,236.81
EBITDA Margin
100.19%
95.30%
87.71%
90.74%
86.65%
93.35%
85.03%
92.19%
93.00%
93.11%
94.83%
Other Income
48.57
41.90
70.15
22.72
77.27
35.31
28.18
167.96
117.05
165.55
107.12
Interest
28,548.25
23,741.34
22,053.86
21,491.88
18,997.23
15,657.22
13,334.57
13,461.59
14,282.35
11,584.24
9,722.71
Depreciation
24.25
24.26
18.24
10.86
11.77
8.29
6.93
40.33
19.67
8.32
4.51
PBT
16,631.69
13,897.67
12,442.34
10,781.56
7,020.84
8,080.49
5,946.85
8,972.36
8,146.66
7,552.34
6,616.71
Tax
3,499.95
2,730.69
2,394.84
2,401.35
2,057.71
2,349.06
1,507.00
2,658.99
2,455.24
2,207.92
1,875.46
Tax Rate
21.04%
19.65%
19.25%
22.27%
29.31%
29.07%
25.34%
29.64%
30.14%
29.23%
28.34%
PAT
13,131.74
11,166.98
10,035.69
8,380.21
4,963.13
5,731.43
4,439.85
6,313.37
5,691.42
5,344.42
4,741.25
PAT before Minority Interest
13,131.74
11,166.98
10,035.69
8,380.21
4,963.13
5,731.43
4,439.85
6,313.37
5,691.42
5,344.42
4,741.25
Minority Interest
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
PAT Margin
29.14%
28.29%
25.56%
23.57%
16.57%
22.57%
19.60%
26.09%
23.70%
26.22%
27.69%
PAT Growth
26.23%
11.27%
19.75%
68.85%
-13.41%
29.09%
-29.68%
10.93%
6.49%
12.72%
 
EPS
49.87
42.41
38.11
31.83
18.85
21.77
16.86
23.98
21.61
20.30
18.01

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Shareholder's Funds
58,120.51
51,314.10
43,763.93
35,396.43
34,546.34
32,587.61
33,670.56
28,893.40
25,072.58
20,803.05
Share Capital
3,191.62
2,533.32
2,533.32
1,974.92
1,974.92
1,974.92
1,974.92
987.46
987.46
987.46
Total Reserves
54,928.89
48,780.78
41,230.61
33,421.51
32,571.42
30,612.69
31,695.64
27,905.94
24,085.12
19,815.59
Non-Current Liabilities
361,093.32
321,793.40
308,863.21
274,362.88
232,751.25
198,435.09
154,335.65
140,136.94
132,272.63
110,734.08
Secured Loans
51,497.96
40,540.79
35,480.11
39,902.00
49,547.59
61,041.90
49,414.74
52,734.35
58,815.80
49,454.07
Unsecured Loans
310,169.06
281,225.17
275,705.76
234,776.05
183,614.14
137,896.80
100,266.15
86,049.50
72,307.46
60,641.23
Long Term Provisions
2,733.86
3,187.56
138.37
1,735.40
1,895.45
2,338.82
4,601.42
1,295.54
1,007.39
442.32
Current Liabilities
45,678.74
37,710.58
48,528.80
36,901.08
30,705.57
10,710.39
24,990.66
37,914.58
26,110.70
21,407.11
Trade Payables
41.68
36.48
61.85
46.15
67.29
63.14
160.39
117.96
30.83
6.07
Other Current Liabilities
26,428.51
26,350.91
27,189.64
25,191.85
19,491.15
5,131.13
24,524.99
30,477.43
24,887.16
18,601.59
Short Term Borrowings
19,122.74
11,276.71
18,537.49
11,610.51
11,087.08
5,427.93
110.98
6,460.77
734.00
2,540.00
Short Term Provisions
85.81
46.48
2,739.82
52.57
60.05
88.19
194.30
858.42
458.71
259.45
Total Liabilities
464,892.57
410,818.08
401,155.94
346,660.39
298,003.16
241,733.09
212,996.87
206,944.92
183,455.91
152,944.24
Net Block
640.80
628.32
266.85
165.79
165.18
131.75
354.85
254.08
109.97
73.10
Gross Block
723.99
696.53
319.66
218.90
217.32
176.66
446.91
308.55
145.51
102.20
Accumulated Depreciation
83.19
68.21
52.81
53.11
52.14
44.91
92.06
54.47
35.54
29.10
Non Current Assets
452,833.31
402,181.31
392,135.66
339,011.00
293,685.24
238,374.90
183,450.61
160,440.35
165,577.21
137,656.51
Capital Work in Progress
2.72
6.07
336.44
288.39
198.53
128.69
165.59
78.05
9.81
10.37
Non Current Investment
2,737.82
1,902.16
1,596.59
2,304.75
2,462.77
2,882.95
2,432.57
2,202.14
1,157.21
1,643.03
Long Term Loans & Adv.
27,368.06
27,714.22
24,674.29
24,168.57
20,407.84
2,334.35
2,876.68
193.32
140.08
68.29
Other Non Current Assets
0.00
0.00
0.00
0.00
0.00
4,018.91
345.68
8.92
8.11
6.31
Current Assets
12,054.63
8,632.40
9,020.28
7,649.39
4,317.92
3,358.19
29,546.26
46,504.57
17,878.56
15,283.60
Current Investments
432.18
288.28
384.84
80.84
0.00
64.84
184.36
149.41
438.81
47.41
Inventories
0.00
0.00
0.00
0.00
0.00
0.00
51.18
66.79
0.00
0.00
Sundry Debtors
113.00
94.55
140.07
109.07
137.72
133.76
438.40
231.89
120.28
60.54
Cash & Bank
2,395.61
2,659.95
3,402.82
3,975.16
2,115.07
2,195.27
4,650.79
1,864.08
645.71
1,234.29
Other Current Assets
9,113.84
5,513.77
2,333.59
3,331.79
2,065.13
964.32
24,221.53
44,192.40
16,673.76
13,941.36
Short Term Loans & Adv.
111.25
75.85
2,758.96
152.53
56.06
25.85
23,061.17
42,609.68
15,144.03
12,668.89
Net Current Assets
-33,624.11
-29,078.18
-39,508.52
-29,251.69
-26,387.65
-7,352.20
4,555.60
8,589.99
-8,232.14
-6,123.51
Total Assets
464,887.94
410,813.71
401,155.94
346,660.39
298,003.16
241,733.09
212,996.87
206,944.92
183,455.91
152,944.24

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Cash From Operating Activity
-37,359.77
-818.53
-43,512.33
-32,441.57
-35,865.80
-32,509.81
6,804.52
-13,278.01
-23,898.23
-17,243.63
PBT
13,897.67
12,430.53
10,779.59
7,029.98
8,090.44
5,957.52
8,972.36
8,146.66
7,552.34
6,616.71
Adjustment
1,034.09
3,959.80
2,766.43
3,988.52
642.61
2,856.82
1,216.01
2,041.82
1,293.34
872.71
Changes in Working Capital
-49,617.20
-14,130.73
-54,373.88
-41,699.39
-42,527.94
-39,124.12
-813.85
-20,933.40
-30,413.63
-23,073.94
Cash after chg. in Working capital
-34,685.44
2,259.60
-40,827.86
-30,680.89
-33,794.89
-30,309.78
9,374.52
-10,744.92
-21,567.95
-15,584.52
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-2,674.33
-3,078.13
-2,684.47
-1,760.68
-2,070.91
-2,200.03
-2,570.00
-2,533.09
-2,330.28
-1,659.11
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Extra & Other Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Cash From Investing Activity
-942.95
-287.44
860.52
-148.91
456.77
45.88
-100.96
-755.70
151.09
135.54
Net Fixed Assets
-24.30
-46.50
-154.22
-89.00
-110.12
-79.07
-31.60
-73.46
-4.37
-5.05
Net Investments
-980.01
-248.19
403.44
84.41
427.18
-128.36
-229.83
-853.15
94.32
-1,047.18
Others
61.36
7.25
611.30
-144.32
139.71
253.31
160.47
170.91
61.14
1,187.77
Cash from Financing Activity
38,122.84
67.72
42,113.34
33,926.20
35,542.59
28,243.85
-3,946.81
15,291.17
23,098.11
16,814.71
Net Cash Inflow / Outflow
-179.88
-1,038.25
-538.47
1,335.72
133.56
-4,220.08
2,756.75
1,257.46
-649.03
-293.38
Opening Cash & Equivalents
140.99
1,179.24
1,717.71
381.99
248.43
4,468.51
1,823.59
559.10
1,207.95
1,501.33
Closing Cash & Equivalent
-38.89
140.99
1,179.24
1,717.71
381.99
248.43
4,580.34
1,816.56
558.92
1,207.95

Financial Ratios

Consolidated /

Standalone
Description
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Book Value (Rs.)
218.60
192.75
164.08
179.23
174.93
165.01
170.49
146.30
126.95
105.32
ROA
2.55%
2.47%
2.24%
1.54%
2.12%
1.95%
3.01%
2.92%
3.18%
3.32%
ROE
20.62%
21.36%
21.32%
14.19%
17.07%
13.40%
20.18%
21.09%
23.30%
24.75%
ROCE
9.14%
9.10%
9.29%
8.67%
9.21%
8.79%
11.23%
11.99%
11.85%
12.00%
Fixed Asset Turnover
55.58
77.29
132.03
137.32
128.94
72.65
64.05
105.77
164.58
171.57
Receivable days
0.96
1.09
1.28
1.50
1.95
4.61
5.06
2.68
1.62
0.96
Inventory Days
0.00
0.00
0.00
0.00
0.00
0.00
0.89
1.02
0.00
0.00
Payable days
0.00
0.00
0.00
67.66
79.83
117.84
81.06
57.06
33.87
13.32
Cash Conversion Cycle
0.96
1.09
1.28
-66.15
-77.88
-113.23
-75.12
-53.37
-32.25
-12.36
Total Debt/Equity
6.55
6.49
7.53
8.09
7.07
6.27
4.99
5.86
6.02
6.07
Interest Cover
1.59
1.56
1.50
1.37
1.52
1.45
1.67
1.57
1.65
1.68

Annual Reports:

FY 2023
FY 2022
FY 2021
FY 2020
FY 2019
FY 2018
FY 2017
FY 2016
FY 2015
FY 2014

News Update:


  • REC reports 34% rise in loan sanctions during FY24
    8th Apr 2024, 17:52 PM

    Its loan disbursements stood at Rs 1,61,462 crore in 2023-24 as against Rs 96,846 crore in 2022-23

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  • REC’s arm incorporates wholly owned subsidiary
    28th Mar 2024, 15:41 PM

    The company has been incorporated to develop Transmission system for Eastern Region Expansion Scheme- XXXIX (ERES- XXXIX)

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  • REC’s arm inks MoU with BHEL to develop utility-scale renewable energy projects
    18th Mar 2024, 11:19 AM

    The MoU thus aims to contribute to the clean energy targets of the nation, through a dedicated Special Purpose Vehicle

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  • REC to finance power, infrastructure projects in Rajasthan
    12th Mar 2024, 11:12 AM

    Under this agreement, REC will provide loans of up to Rs 20,000 crore annually for the next six years

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  • REC’s arm hands over Pachora Power Transmission SPV to G R Infraprojects
    16th Feb 2024, 11:17 AM

    The SPV was formed for the establishment of Inter State Transmission Project

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  • REC inks agreements worth Rs 588 crore with Damodar Valley Corporation
    16th Feb 2024, 10:50 AM

    The agreements signed underscore the collaborative efforts of both organizations in promoting sustainable development

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  • REC inks MoU with NIIFL
    29th Jan 2024, 16:00 PM

    The MoU is to collaborate on funding solutions for renewable energy projects and large infra projects

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  • REC reports 13% rise in Q3 consolidated net profit
    23rd Jan 2024, 15:46 PM

    Consolidated total income of the company increased by 23.24% at Rs 12,071.54 crore for Q3FY24

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  • REC - Quarterly Results
    23rd Jan 2024, 14:23 PM

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  • REC designated as implementation agency for rooftop solar programme
    19th Jan 2024, 12:29 PM

    The company has been designated as the overall Programme Implementation Agency by MNRE

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  • REC raises Rs 3,500 crore by issuing green bonds
    13th Jan 2024, 15:49 PM

    The company has successfully issued its inaugural JPY 61.1 billion 5-year, 5.25-year and 10-year Green bonds issued under its $10 billion Global Medium Term Notes Programme

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Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.