REC, 532955, RECLTD Share Price, Rating, Research, Analysis, Fundamental & Historical Data

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

94,532.74
5.47
10

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

2,78,272.32
5.01%
1.13

Chart

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

Revenue CAGR (%)

10 Years
5 Years
3 Years

8.91
9.66
12.60

EBITDA CAGR (%)

10 Years
5 Years
3 Years

9.27
10.94
7.58

PAT CAGR (%)

10 Years
5 Years
3 Years

10.81
13.64
12.46

P:E (Median)

8 Years
5 Years
3 Years

4.51
4.28
6.67

P:BV (Average)

8 Years
5 Years
3 Years

0.92
1.06
1.38

EV:EBITDA (Average)

8 Years
5 Years
3 Years

9.43
9.07
8.24

Earnings Forecasts:

(Updated: 08-11-2025)

Description 2024 2025 2026 2027
Adj EPS 59.67 64.89 69.85 76.68
P/E Ratio 6.02 5.53 5.14 4.68
Revenue 55703 23123.8 25807.1 28895.5
EBITDA 53950.7 22135.9 24334.5 27901
Net Income 15713.2 17159.4 18382.5 20392.3
ROA 2.73 2.65 2.55 2.51
P/B Ratio 1.22 1.05 0.91 0.80
ROE 21.46 20.41 18.99 18.22
FCFF -39140.9
FCFF Yield -6.4
Net Debt 494539 539687 611907 694403
BVPS 294.84 342.83 393.56 449.32

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone

Description Sep 25 Sep 24 Var% Jun 25 Jun 24 Var% Mar 25 Mar 24 Var% Dec 24 Dec 23 Var%
Net Sales 15,084.13 13,571.18 11.15% 14,646.42 13,023.31 12.46% 15,159.44 12,613.14 20.19% 14,157.19 11,981.65 18.16%
Expenses 403.62 43.64 824.89% 145.19 684.22 -78.78% 1,013.14 -406.49 - 219.47 226.57 -3.13%
EBITDA 14,680.51 13,527.54 8.52% 14,501.23 12,339.09 17.52% 14,146.30 13,019.63 8.65% 13,937.72 11,755.08 18.57%
EBIDTM 97.32% 99.68% 99.01% 94.75% 93.32% 103.22% 98.45% 98.11%
Other Income 10.48 24.52 -57.26% 87.39 13.75 535.56% 14.71 30.17 -51.24% 15.52 18.40 -15.65%
Interest 9,131.61 8,506.54 7.35% 8,935.10 8,021.17 11.39% 8,769.93 7,896.05 11.07% 8,837.34 7,653.34 15.47%
Depreciation 6.58 5.90 11.53% 6.62 5.85 13.16% 6.41 5.98 7.19% 6.23 5.89 5.77%
PBT 5,552.80 5,039.62 10.18% 5,646.90 4,325.82 30.54% 5,384.67 5,147.77 4.60% 5,109.67 4,114.25 24.19%
Tax 1,126.94 1,034.15 8.97% 1,195.88 883.37 35.38% 1,148.47 1,131.47 1.50% 1,080.58 844.94 27.89%
PAT 4,425.86 4,005.47 10.50% 4,451.02 3,442.45 29.30% 4,236.20 4,016.30 5.48% 4,029.09 3,269.31 23.24%
PATM 29.34% 29.51% 30.39% 26.43% 27.94% 31.84% 28.46% 27.29%
EPS 16.81 15.21 10.52% 16.90 13.07 29.30% 16.09 15.25 5.51% 15.30 12.42 23.19%

Description Sep 25 Sep 24 Var% Jun 25 Jun 24 Var% Mar 25 Mar 24 Var% Dec 24 Dec 23 Var%
Net Sales 15,152.67 13,682.43 10.75% 14,737.45 13,078.66 12.68% 15,333.54 12,677.18 20.95% 14,271.92 12,051.77 18.42%
Expenses 476.10 97.33 389.16% 216.69 717.05 -69.78% 1,083.58 -424.55 - 262.61 240.26 9.30%
EBITDA 14,676.57 13,585.10 8.03% 14,520.76 12,361.61 17.47% 14,249.96 13,101.73 8.76% 14,009.31 11,811.51 18.61%
EBIDTM 96.86% 99.29% 98.53% 94.52% 92.93% 103.35% 98.16% 98.01%
Other Income 9.71 23.88 -59.34% 86.53 13.78 527.94% 14.83 29.48 -49.69% 14.99 19.77 -24.18%
Interest 9,130.68 8,505.61 7.35% 8,934.18 8,020.25 11.40% 8,768.41 7,895.71 11.05% 8,837.02 7,653.59 15.46%
Depreciation 6.66 5.98 11.37% 6.70 5.92 13.18% 6.49 6.02 7.81% 6.31 6.00 5.17%
PBT 5,548.94 5,097.39 8.86% 5,666.41 4,349.22 30.29% 5,489.89 5,229.48 4.98% 5,180.97 4,171.69 24.19%
Tax 1,134.01 1,059.67 7.02% 1,200.70 889.03 35.06% 1,179.91 1,150.39 2.57% 1,104.62 863.27 27.96%
PAT 4,414.93 4,037.72 9.34% 4,465.71 3,460.19 29.06% 4,309.98 4,079.09 5.66% 4,076.35 3,308.42 23.21%
PATM 29.14% 29.51% 30.30% 26.46% 28.11% 32.18% 28.56% 27.45%
EPS 16.77 15.33 9.39% 16.96 13.14 29.07% 16.37 15.49 5.68% 15.48 12.56 23.25%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone

Description TTM Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Net Sales 59,047.18 55,911.12 47,146.30 39,208.06 39,132.49 35,387.89 29,812.93 25,309.72 22,454.62 23,587.30 23,638.35 Net Sales Growth 15.35% 18.59% 20.25% 0.19% 10.58% 18.70% 17.79% 12.71% -4.80% -0.22% Cost Of Goods Sold 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Gross Profit 59,047.18 55,911.12 47,146.30 39,208.06 39,132.49 35,387.89 29,812.93 25,309.72 22,454.62 23,587.30 23,638.35 GP Margin 100.00% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% Total Expenditure 1,781.42 1,953.73 810.60 1,744.20 4,731.78 3,152.87 3,880.58 1,576.93 3,252.20 1,456.14 1,422.50 Power & Fuel Cost - 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2.01 2.11 % Of Sales - 0% 0% 0% 0% 0% 0% 0% 0% 0.01% 0.01% Employee Cost - 244.80 214.01 181.63 159.61 144.84 175.79 157.53 172.42 178.07 137.44 % Of Sales - 0.44% 0.45% 0.46% 0.41% 0.41% 0.59% 0.62% 0.77% 0.75% 0.58% Manufacturing Exp. - 43.16 29.19 27.07 30.15 31.51 26.03 22.54 21.33 14.05 13.78 % Of Sales - 0.08% 0.06% 0.07% 0.08% 0.09% 0.09% 0.09% 0.09% 0.06% 0.06% General & Admin Exp. - 116.85 102.76 73.14 77.99 66.53 79.05 150.21 84.68 24.39 22.80 % Of Sales - 0.21% 0.22% 0.19% 0.20% 0.19% 0.27% 0.59% 0.38% 0.10% 0.10% 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. - 1,548.92 464.64 1,462.36 4,464.03 2,909.99 3,599.71 1,246.65 2,973.77 1,239.63 0.00 % Of Sales - 2.77% 0.99% 3.73% 11.41% 8.22% 12.07% 4.93% 13.24% 5.26% 5.28% EBITDA 57,265.76 53,957.39 46,335.70 37,463.86 34,400.71 32,235.02 25,932.35 23,732.79 19,202.42 22,131.16 22,215.85 EBITDA Margin 96.98% 96.51% 98.28% 95.55% 87.91% 91.09% 86.98% 93.77% 85.52% 93.83% 93.98% Other Income 128.10 68.50 1,434.92 44.67 97.96 22.55 63.92 34.44 26.12 184.93 117.93 Interest 35,673.98 34,141.72 29,966.26 23,745.67 22,055.81 21,491.91 19,002.98 15,659.56 13,338.74 13,450.35 14,283.12 Depreciation 25.84 24.39 23.72 24.09 17.96 9.53 10.00 7.17 5.65 5.04 5.45 PBT 21,694.04 19,859.78 17,780.64 13,738.77 12,424.90 10,756.13 6,983.29 8,100.50 5,884.15 8,860.70 8,045.21 Tax 4,551.87 4,146.57 3,761.43 2,684.13 2,378.98 2,394.35 2,097.13 2,336.78 1,464.26 2,614.94 2,417.55 Tax Rate 20.98% 20.88% 21.15% 19.54% 19.15% 22.26% 30.03% 28.85% 24.88% 29.51% 30.05% PAT 17,142.17 15,713.21 14,019.21 11,054.64 10,045.92 8,361.78 4,886.16 5,763.72 4,419.89 6,245.76 5,627.66 PAT before Minority Interest 17,142.17 15,713.21 14,019.21 11,054.64 10,045.92 8,361.78 4,886.16 5,763.72 4,419.89 6,245.76 5,627.66 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 29.03% 28.10% 29.74% 28.19% 25.67% 23.63% 16.39% 22.77% 19.68% 26.48% 23.81% PAT Growth 16.35% 12.08% 26.82% 10.04% 20.14% 71.13% -15.23% 30.40% -29.23% 10.98% EPS 65.10 59.67 53.24 41.98 38.15 31.76 18.56 21.89 16.79 23.72 21.37

Description TTM Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Net Sales 59,495.58 56,366.55 47,504.75 39,478.26 39,269.05 35,552.84 29,951.65 25,399.02 22,651.60 24,194.92 24,012.88 Net Sales Growth 15.55% 18.65% 20.33% 0.53% 10.45% 18.70% 17.92% 12.13% -6.38% 0.76% Cost Of Goods Sold 54.87 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.04 295.88 156.81 Gross Profit 59,440.71 56,366.55 47,504.75 39,478.26 39,269.05 35,552.84 29,951.65 25,399.02 22,651.56 23,899.04 23,856.07 GP Margin 99.91% 100% 100% 100% 100% 100% 100% 100% 100.00% 98.78% 99.35% Total Expenditure 2,038.98 2,153.83 1,002.15 1,856.89 4,824.76 3,291.26 3,999.08 1,688.33 3,391.43 1,888.60 1,681.25 Power & Fuel Cost - 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2.34 2.30 % Of Sales - 0% 0% 0% 0% 0% 0% 0% 0% 0.01% 0.01% Employee Cost - 268.13 238.20 204.10 180.84 163.62 193.15 177.37 184.04 192.75 143.19 % Of Sales - 0.48% 0.50% 0.52% 0.46% 0.46% 0.64% 0.70% 0.81% 0.80% 0.60% Manufacturing Exp. - 208.20 202.57 85.11 100.81 124.87 100.75 112.23 154.87 117.94 87.04 % Of Sales - 0.37% 0.43% 0.22% 0.26% 0.35% 0.34% 0.44% 0.68% 0.49% 0.36% General & Admin Exp. - 123.80 105.62 78.53 70.41 62.83 72.68 144.61 72.19 67.91 46.65 % Of Sales - 0.22% 0.22% 0.20% 0.18% 0.18% 0.24% 0.57% 0.32% 0.28% 0.19% 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. - 1,553.70 455.76 1,489.15 4,472.70 2,939.94 3,632.50 1,254.12 2,980.29 1,214.12 0.00 % Of Sales - 2.76% 0.96% 3.77% 11.39% 8.27% 12.13% 4.94% 13.16% 5.02% 5.20% EBITDA 57,456.60 54,212.72 46,502.60 37,621.37 34,444.29 32,261.58 25,952.57 23,710.69 19,260.17 22,306.32 22,331.63 EBITDA Margin 96.57% 96.18% 97.89% 95.30% 87.71% 90.74% 86.65% 93.35% 85.03% 92.19% 93.00% Other Income 126.06 67.48 1,446.06 41.90 70.15 22.72 77.27 35.31 28.18 167.96 117.05 Interest 35,670.29 34,138.03 29,964.73 23,741.34 22,053.86 21,491.88 18,997.23 15,657.22 13,334.57 13,461.59 14,282.35 Depreciation 26.16 24.70 23.99 24.26 18.24 10.86 11.77 8.29 6.93 40.33 19.67 PBT 21,886.21 20,117.47 17,959.94 13,897.67 12,442.34 10,781.56 7,020.84 8,080.49 5,946.85 8,972.36 8,146.66 Tax 4,619.24 4,233.24 3,814.48 2,730.69 2,394.84 2,401.35 2,057.71 2,349.06 1,507.00 2,658.99 2,455.24 Tax Rate 21.11% 21.04% 21.24% 19.65% 19.25% 22.27% 29.31% 29.07% 25.34% 29.64% 30.14% PAT 17,266.97 15,884.23 14,145.46 11,166.98 10,035.69 8,380.21 4,963.13 5,731.43 4,439.85 6,313.37 5,691.42 PAT before Minority Interest 17,266.97 15,884.23 14,145.46 11,166.98 10,035.69 8,380.21 4,963.13 5,731.43 4,439.85 6,313.37 5,691.42 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 29.02% 28.18% 29.78% 28.29% 25.56% 23.57% 16.57% 22.57% 19.60% 26.09% 23.70% PAT Growth 16.00% 12.29% 26.67% 11.27% 19.75% 68.85% -13.41% 29.09% -29.68% 10.93% EPS 65.57 60.32 53.72 42.41 38.11 31.83 18.85 21.77 16.86 23.98 21.61

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Shareholder's Funds 77,637.97 68,783.15 57,679.67 50,985.60 43,426.37 35,076.56 34,302.94 32,303.15 33,325.59 28,617.76 Share Capital 3,191.62 3,191.62 3,191.62 2,533.32 2,533.32 1,974.92 1,974.92 1,974.92 1,974.92 987.46 Total Reserves 74,446.35 65,591.53 54,488.05 48,452.28 40,893.05 33,101.64 32,328.02 30,328.23 31,350.67 27,630.30 Non-Current Liabilities 4,81,099.97 4,31,187.98 3,61,170.29 3,21,877.34 3,08,944.76 2,74,374.15 2,32,722.81 1,98,418.06 1,54,004.72 1,46,564.69 Secured Loans 54,691.76 55,159.24 51,544.62 40,587.45 35,526.77 39,948.68 49,619.87 61,114.18 49,326.63 52,804.79 Unsecured Loans 4,00,172.09 3,53,831.96 3,10,169.06 2,81,237.47 2,75,718.05 2,34,786.29 1,83,614.14 1,37,896.80 1,00,162.70 85,984.64 Long Term Provisions 4,067.31 57.25 2,733.60 3,187.16 137.65 1,673.50 1,847.09 2,311.19 4,462.75 7,716.01 Current Liabilities 55,965.53 48,201.39 45,406.31 37,533.05 48,188.85 36,622.12 30,140.82 10,222.82 24,520.26 37,591.50 Trade Payables 10.80 7.39 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Other Current Liabilities 14,459.11 8,207.60 26,250.10 26,210.62 26,900.92 24,964.04 18,993.69 4,706.76 24,326.04 30,389.52 Short Term Borrowings 41,425.40 36,622.98 19,122.74 11,276.71 18,537.49 11,605.51 11,087.08 5,427.93 0.00 6,349.93 Short Term Provisions 70.22 3,363.42 33.47 45.72 2,750.44 52.57 60.05 88.13 194.22 852.05 Total Liabilities 6,14,703.47 5,48,172.52 4,64,256.27 4,10,395.99 4,00,559.98 3,46,072.83 2,97,166.57 2,40,944.03 2,11,850.57 2,12,773.95 Net Block 580.00 630.73 640.53 627.92 266.22 161.80 162.49 128.34 121.11 118.74 Gross Block 682.93 727.43 720.27 692.62 315.75 209.58 210.44 170.16 159.63 156.60 Accumulated Depreciation 102.93 96.70 79.74 64.70 49.53 47.78 47.95 41.82 38.52 37.86 Non Current Assets 6,09,643.82 5,39,988.87 4,52,782.12 4,02,114.64 3,92,033.72 3,38,840.24 2,93,537.72 2,38,257.50 1,83,074.44 1,66,783.92 Capital Work in Progress 76.01 23.59 2.72 6.07 336.44 288.39 198.53 128.69 60.15 31.58 Non Current Investment 6,485.62 5,207.10 2,705.80 1,869.69 1,524.94 2,232.38 2,397.63 2,824.81 2,547.29 2,317.46 Long Term Loans & Adv. 4,399.72 294.67 27,349.16 27,680.42 24,644.63 24,074.17 20,328.15 2,286.18 2,727.02 6,605.51 Other Non Current Assets 38,966.15 34,640.73 0.00 0.00 0.00 0.00 0.00 4,011.23 343.63 6.79 Current Assets 5,059.64 8,183.60 11,473.81 8,280.49 8,526.26 7,232.59 3,628.85 2,686.53 28,776.13 45,990.03 Current Investments 156.00 113.21 432.18 288.28 384.84 80.84 0.00 0.00 149.16 149.16 Inventories 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sundry Debtors 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash & Bank 1,749.84 2,498.70 1,987.34 2,421.70 3,069.55 3,699.99 1,596.25 1,782.07 4,490.02 1,728.55 Other Current Assets 3,153.80 2,308.74 9,002.54 5,513.68 5,071.87 3,451.76 2,032.60 904.46 24,136.95 44,112.32 Short Term Loans & Adv. 36.28 3,262.95 51.75 56.83 2,752.91 132.74 55.82 23.44 23,035.04 42,595.39 Net Current Assets -50,905.89 -40,017.79 -33,932.50 -29,252.56 -39,662.59 -29,389.53 -26,511.97 -7,536.29 4,255.87 8,398.53 Total Assets 6,14,703.46 5,48,172.47 4,64,255.93 4,10,395.13 4,00,559.98 3,46,072.83 2,97,166.57 2,40,944.03 2,11,850.57 2,12,773.95

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Shareholder's Funds 78,376.06 69,350.24 58,120.51 51,314.10 43,763.93 35,396.43 34,546.34 32,587.61 33,670.56 28,893.40 Share Capital 3,191.62 3,191.62 3,191.62 2,533.32 2,533.32 1,974.92 1,974.92 1,974.92 1,974.92 987.46 Total Reserves 75,184.44 66,158.62 54,928.89 48,780.78 41,230.61 33,421.51 32,571.42 30,612.69 31,695.64 27,905.94 Non-Current Liabilities 4,77,029.16 4,31,125.90 3,61,093.32 3,21,793.40 3,08,863.21 2,74,362.88 2,32,751.25 1,98,435.09 1,54,335.65 1,40,136.94 Secured Loans 54,645.10 55,112.56 51,497.96 40,540.79 35,480.11 39,902.00 49,547.59 61,041.90 49,414.74 52,734.35 Unsecured Loans 4,00,172.09 3,53,831.96 3,10,169.06 2,81,225.17 2,75,705.76 2,34,776.05 1,83,614.14 1,37,896.80 1,00,266.15 86,049.50 Long Term Provisions 66.77 57.35 2,733.86 3,187.56 138.37 1,735.40 1,895.45 2,338.82 4,601.42 1,295.54 Current Liabilities 56,227.91 48,431.33 45,678.74 37,710.58 48,528.80 36,901.08 30,705.57 10,710.39 24,990.66 37,914.58 Trade Payables 133.87 97.90 41.68 36.48 61.85 46.15 67.29 63.14 160.39 117.96 Other Current Liabilities 14,597.90 8,346.60 26,428.51 26,350.91 27,189.64 25,191.85 19,491.15 5,131.13 24,524.99 30,477.43 Short Term Borrowings 41,425.40 36,622.98 19,122.74 11,276.71 18,537.49 11,610.51 11,087.08 5,427.93 110.98 6,460.77 Short Term Provisions 70.74 3,363.85 85.81 46.48 2,739.82 52.57 60.05 88.19 194.30 858.42 Total Liabilities 6,11,633.13 5,48,907.47 4,64,892.57 4,10,818.08 4,01,155.94 3,46,660.39 2,98,003.16 2,41,733.09 2,12,996.87 2,06,944.92 Net Block 627.83 631.50 640.80 628.32 266.85 165.79 165.18 131.75 354.85 254.08 Gross Block 736.89 730.93 723.99 696.53 319.66 218.90 217.32 176.66 446.91 308.55 Accumulated Depreciation 109.06 99.43 83.19 68.21 52.81 53.11 52.14 44.91 92.06 54.47 Non Current Assets 6,05,675.70 5,40,048.88 4,52,829.77 4,02,181.31 3,92,135.66 3,39,011.00 2,93,685.24 2,38,374.90 1,83,450.61 1,60,440.35 Capital Work in Progress 76.01 23.59 2.72 6.07 336.44 288.39 198.53 128.69 165.59 78.05 Non Current Investment 6,517.64 5,237.04 2,737.82 1,902.16 1,596.59 2,304.75 2,462.77 2,882.95 2,432.57 2,202.14 Long Term Loans & Adv. 398.98 300.96 27,364.52 27,714.22 24,674.29 24,168.57 20,407.84 2,334.35 2,876.68 193.32 Other Non Current Assets 38,966.15 34,663.74 0.00 0.00 0.00 0.00 0.00 4,018.91 345.68 8.92 Current Assets 5,953.55 8,838.39 12,058.17 8,632.40 9,020.28 7,649.39 4,317.92 3,358.19 29,546.26 46,504.57 Current Investments 156.00 115.28 432.18 288.28 384.84 80.84 0.00 64.84 184.36 149.41 Inventories 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 51.18 66.79 Sundry Debtors 235.13 153.82 113.00 94.55 140.07 109.07 137.72 133.76 438.40 231.89 Cash & Bank 2,343.37 2,939.49 2,395.61 2,659.95 3,402.82 3,975.16 2,115.07 2,195.27 4,650.79 1,864.08 Other Current Assets 3,219.05 2,329.88 9,002.59 5,513.77 5,092.55 3,484.32 2,065.13 964.32 24,221.53 44,192.40 Short Term Loans & Adv. 100.99 3,299.92 114.79 75.85 2,758.96 152.53 56.06 25.85 23,061.17 42,609.68 Net Current Assets -50,274.36 -39,592.94 -33,620.57 -29,078.18 -39,508.52 -29,251.69 -26,387.65 -7,352.20 4,555.60 8,589.99 Total Assets 6,11,629.25 5,48,887.27 4,64,887.94 4,10,813.71 4,01,155.94 3,46,660.39 2,98,003.16 2,41,733.09 2,12,996.87 2,06,944.92

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Cash From Operating Activity -39,182.15 -57,885.22 -37,481.66 -871.50 -43,520.42 -32,448.26 -36,013.01 -32,777.87 6,794.19 -13,204.96 PBT 19,859.78 17,780.64 13,738.77 12,424.90 10,756.13 6,983.29 8,100.50 5,884.15 8,860.70 8,045.21 Adjustment -1,171.15 -2,736.90 1,006.62 3,912.28 2,736.15 3,969.12 567.84 2,833.29 1,163.45 2,016.49 Changes in Working Capital -53,718.27 -69,710.92 -49,592.07 -14,155.30 -54,330.10 -41,668.70 -42,638.21 -39,329.28 -703.92 -20,768.92 Cash after chg. in Working capital -35,029.64 -54,667.18 -34,846.68 2,181.88 -40,837.82 -30,716.29 -33,969.87 -30,611.84 9,320.23 -10,707.22 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -4,152.51 -3,218.04 -2,634.98 -3,053.38 -2,682.60 -1,731.97 -2,043.14 -2,166.03 -2,526.04 -2,497.74 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 -1,146.36 -1,875.19 -803.87 -210.32 863.83 -135.73 585.07 287.72 138.95 -739.52 Net Fixed Assets -7.92 -28.03 -24.30 -46.50 -154.22 -89.00 -110.12 -79.07 -31.60 -73.46 Net Investments -1,321.31 -2,182.33 -980.01 -248.19 403.44 84.41 427.18 -128.36 -229.83 -853.15 Others 182.87 335.17 200.44 84.37 614.61 -131.14 268.01 495.15 400.38 187.09 Cash from Financing Activity 40,033.60 59,587.82 38,110.54 67.73 42,119.05 33,919.08 35,558.88 28,236.20 -4,173.29 15,150.13 Net Cash Inflow / Outflow -294.91 -172.59 -174.99 -1,014.09 -537.54 1,335.09 130.94 -4,253.95 2,759.85 1,205.65 Opening Cash & Equivalents -221.18 -48.59 126.40 1,140.49 1,678.03 342.94 212.00 4,465.95 1,728.19 522.54 Closing Cash & Equivalent -516.09 -221.18 -48.59 126.40 1,140.49 1,678.03 342.94 212.00 4,488.04 1,728.19

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Cash From Operating Activity -39,064.08 -57,722.64 -37,359.77 -818.53 -43,512.33 -32,441.57 -35,865.80 -32,509.81 6,804.52 -13,278.01 PBT 20,117.47 17,959.94 13,897.67 12,430.53 10,779.59 7,029.98 8,090.44 5,957.52 8,972.36 8,146.66 Adjustment -1,168.66 -2,757.89 1,034.09 3,959.80 2,766.43 3,988.52 642.61 2,856.82 1,216.01 2,041.82 Changes in Working Capital -53,780.37 -69,652.93 -49,617.20 -14,130.73 -54,373.88 -41,699.39 -42,527.94 -39,124.12 -813.85 -20,933.40 Cash after chg. in Working capital -34,831.56 -54,450.88 -34,685.44 2,259.60 -40,827.86 -30,680.89 -33,794.89 -30,309.78 9,374.52 -10,744.92 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -4,232.52 -3,271.76 -2,674.33 -3,078.13 -2,684.47 -1,760.68 -2,070.91 -2,200.03 -2,570.00 -2,533.09 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 -1,302.04 -1,830.97 -942.95 -287.44 860.52 -148.91 456.77 45.88 -100.96 -755.70 Net Fixed Assets -7.92 -28.03 -24.30 -46.50 -154.22 -89.00 -110.12 -79.07 -31.60 -73.46 Net Investments -1,321.31 -2,182.33 -980.01 -248.19 403.44 84.41 427.18 -128.36 -229.83 -853.15 Others 27.19 379.39 61.36 7.25 611.30 -144.32 139.71 253.31 160.47 170.91 Cash from Financing Activity 40,033.60 59,587.82 38,122.84 67.72 42,113.34 33,926.20 35,542.59 28,243.85 -3,946.81 15,291.17 Net Cash Inflow / Outflow -332.52 34.21 -179.88 -1,038.25 -538.47 1,335.72 133.56 -4,220.08 2,756.75 1,257.46 Opening Cash & Equivalents -4.69 -38.90 140.99 1,179.24 1,717.71 381.99 248.43 4,468.51 1,823.59 559.10 Closing Cash & Equivalent -337.21 -4.69 -38.89 140.99 1,179.24 1,717.71 381.99 248.43 4,580.34 1,816.56

Financial Ratios

Consolidated /

Standalone

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Book Value (Rs.) 292.72 259.09 216.93 191.50 162.80 177.61 173.69 163.57 168.74 144.91 ROA 2.70% 2.77% 2.53% 2.48% 2.24% 1.52% 2.14% 1.95% 2.94% 2.81% ROE 21.63% 22.37% 20.56% 21.54% 21.46% 14.09% 17.31% 13.47% 20.17% 21.05% ROCE 9.92% 10.02% 9.11% 9.11% 9.29% 8.66% 9.22% 8.79% 11.20% 11.95% Fixed Asset Turnover 79.29 65.13 55.50 77.62 134.73 141.96 133.00 136.18 149.18 179.13 Receivable days 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Inventory Days 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Payable days 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash Conversion Cycle 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Total Debt/Equity 6.39 6.48 6.60 6.53 7.59 8.16 7.12 6.33 5.03 5.91 Interest Cover 1.58 1.59 1.58 1.56 1.50 1.37 1.52 1.44 1.66 1.56

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Book Value (Rs.) 295.52 261.25 218.60 192.75 164.08 179.23 174.93 165.01 170.49 146.30 ROA 2.74% 2.79% 2.55% 2.47% 2.24% 1.54% 2.12% 1.95% 3.01% 2.92% ROE 21.67% 22.39% 20.62% 21.36% 21.32% 14.19% 17.07% 13.40% 20.18% 21.09% ROCE 9.96% 10.05% 9.14% 9.10% 9.29% 8.67% 9.21% 8.79% 11.23% 11.99% Fixed Asset Turnover 76.80 65.30 55.58 77.29 132.03 137.32 128.94 72.65 64.05 105.77 Receivable days 1.26 1.02 0.96 1.09 1.28 1.50 1.95 4.61 5.06 2.68 Inventory Days 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.89 1.02 Payable days 0.00 0.00 0.00 0.00 0.00 67.66 79.83 117.84 81.06 57.06 Cash Conversion Cycle 1.26 1.02 0.96 1.09 1.28 -66.15 -77.88 -113.23 -75.12 -53.37 Total Debt/Equity 6.33 6.42 6.55 6.49 7.53 8.09 7.07 6.27 4.99 5.86 Interest Cover 1.59 1.60 1.59 1.56 1.50 1.37 1.52 1.45 1.67 1.57

Top Investors:

life insurance corporation of india

icici prudential equity arbitrage fund

nps trust- a/c lic pension fund scheme - state govt

llp

investor education and protection fund (iepf)

Annual Reports:

News Update:

REC reports 9% rise in Q2 consolidated net profit
18th Oct 2025, 18:00 PM

The consolidated total income of the company increased by 10.62% at Rs 15162.38 crore for Q2FY26
Read More
REC’s arm incorporates subsidiary
26th Sep 2025, 11:59 AM

The subsidiary has been incorporated for Transmission System strengthening for integration of Additional RE Potential at Davanagere (0.25 GW) and Bellary (2.75 GW).
Read More
REC’s arm transfers Davanagere Power Transmission to Power Grid Corporation
25th Sep 2025, 14:11 PM

Power Grid Corporation emerged as the top bidder as the transmission service provider through the TBCB process conducted by RECPDCL
Read More

REC Ltd.

Finance - NBFC

BSE: 532955 | NSE: RECLTD

Stock Summary

Chart

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

Revenue CAGR (%)

EBITDA CAGR (%)

PAT CAGR (%)

P:E (Median)

P:BV (Average)

EV:EBITDA (Average)

Earnings Forecasts:

Quarterly Results

Consolidated Figures in Rs. Crores /

Annual Results

Consolidated Figures in Rs. Crores /

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Cash Flow

Consolidated Figures in Rs. Crores /

Financial Ratios

Consolidated /

Top Investors:

Annual Reports:

News Update:

REC Ltd.

Finance - NBFC

BSE: 532955 | NSE: RECLTD

Stock Summary

Shareholding Pattern

Chart

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

Revenue CAGR (%)

EBITDA CAGR (%)

PAT CAGR (%)

P:E (Median)

P:BV (Average)

EV:EBITDA (Average)

Earnings Forecasts:

Quarterly Results

Consolidated Figures in Rs. Crores /

Annual Results

Consolidated Figures in Rs. Crores /

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Cash Flow

Consolidated Figures in Rs. Crores /

Financial Ratios

Consolidated /

Top Investors:

Annual Reports:

News Update: