REC Limited
RECLTDREC Limited
RECLTDPrice Chart
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
10.04 | 2.44 | 2.97% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
17.68 | 2.79 | 0.79% |
Forecast & Ratings
Detailed Forecastfrom 5 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
REC is engaged in other financial services and activities-other Credit granting
Peers
Compare with peersIndian Railway Finance Corp Ltd
Power Finance Corporation Ltd
Rail Vikas Nigam Ltd
Housing and Urban Development Corporation Ltd
Indian Renewable Energy Development Agency Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 24,129.93 | 24,361.23 | 22,677.06 | 25,441.28 | 30,016.19 | 35,575.56 | 39,339.20 | 39,520.16 | 47,571.23 | 47,571.23 | ||||||||||
Raw Materials | — | — | — | — | — | — | — | — | 29,587.30 | 29,587.30 | ||||||||||
Power & Fuel Cost | — | — | — | — | — | — | — | — | ||||||||||||
Employee Cost | 143.19 | 192.75 | 184.04 | 177.37 | 193.15 | 163.62 | 180.84 | 204.10 | ||||||||||||
Selling & Administrative Expenses | 410.80 | 481.73 | 209.36 | 623.38 | 205.21 | 502.51 | 954.68 | 1,272.97 | ||||||||||||
Operating & Other expenses | 15,409.61 | 14,674.06 | 16,319.21 | 16,541.80 | 22,576.08 | 24,118.98 | 25,754.91 | 24,121.16 | ||||||||||||
EBITDA | 8,166.33 | 9,012.69 | 5,964.45 | 8,098.73 | 7,041.75 | 10,790.45 | 12,448.77 | 13,921.93 | 17,983.93 | 17,983.93 | ||||||||||
Depreciation/Amortization | 19.67 | 40.33 | 6.93 | 8.29 | 11.77 | 10.86 | 18.24 | 24.26 | 23.99 | 23.99 | ||||||||||
PBIT | 8,146.66 | 8,972.36 | 5,957.52 | 8,090.44 | 7,029.98 | 10,779.59 | 12,430.53 | 13,897.67 | 17,959.94 | 17,959.94 | ||||||||||
Interest & Other Items | — | — | — | — | — | — | — | — | — | — | ||||||||||
PBT | 8,146.66 | 8,972.36 | 5,957.52 | 8,090.44 | 7,029.98 | 10,779.59 | 12,430.53 | 13,897.67 | 17,959.94 | 17,959.94 | ||||||||||
Taxes & Other Items | 2,455.24 | 2,658.99 | 1,507.00 | 2,349.06 | 2,057.71 | 2,401.35 | 2,394.83 | 2,730.69 | 3,814.48 | 3,814.48 | ||||||||||
Net Income | 5,691.42 | 6,313.37 | 4,450.52 | 5,741.38 | 4,972.27 | 8,378.24 | 10,035.70 | 11,166.98 | 14,145.46 | 14,145.46 | ||||||||||
EPS | 21.61 | 23.98 | 16.90 | 21.80 | 18.88 | 31.82 | 38.11 | 42.41 | 53.59 | 53.72 | ||||||||||
DPS | 6.41 | 7.24 | 6.86 | 8.25 | 8.25 | 9.53 | 11.48 | 12.60 | 16.00 | 15.35 | ||||||||||
Payout ratio | 0.30 | 0.30 | 0.41 | 0.38 | 0.44 | 0.30 | 0.30 | 0.30 | 0.30 | 0.29 |
Company Updates
Peers & Comparison
FinancialsSpecialized Finance
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
REC Limited | 10.04 | 2.44 | 2.97% |
Indian Railway Finance Corp Ltd | 35.05 | 4.94 | 0.87% |
Power Finance Corporation Ltd | 8.39 | 1.48 | 2.69% |
Rail Vikas Nigam Ltd | 54.43 | 11.70 | 0.51% |
Price Comparison
Compare RECLTD with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Jun 2023
Sep 2023
Dec 2023
Mar 2024
Shareholding History
Mutual Funds Holding Trend
Increased Mutual Fund Holding
In last 3 months, mutual fund holding of the company has increased by 1.16%
Top 5 Mutual Funds holding REC Limited
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
HDFC Balanced Advantage Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.1176% | Percentage of the fund’s portfolio invested in the stock 1.94% | Change in the portfolio weight of the stock over the last 3 months 0.12% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 12/288 (0) |
HDFC Mid-Cap Opportunities Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.7015% | Percentage of the fund’s portfolio invested in the stock 1.56% | Change in the portfolio weight of the stock over the last 3 months -0.47% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 18/76 (-5) |
Kotak Equity Arbitrage Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.3852% | Percentage of the fund’s portfolio invested in the stock 1.28% | Change in the portfolio weight of the stock over the last 3 months 0.50% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 13/188 (+6) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
Increasing Dividends
RECLTD has increased dividends consistently over the last 5 years
Dividend Yield
Current dividend yield is 2.97%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹29.67 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJun 28, 2024
Dividend/Share
₹5.00
Ex DateEx Date
Jun 28, 2024
Cash Dividend
Ex DateEx DateMar 28, 2024
Dividend/Share
₹4.50
Ex DateEx Date
Mar 28, 2024
Cash Dividend
Ex DateEx DateNov 13, 2023
Dividend/Share
₹3.50
Ex DateEx Date
Nov 13, 2023
Cash Dividend
Ex DateEx DateAug 14, 2023
Dividend/Share
₹3.00
Ex DateEx Date
Aug 14, 2023
Cash Dividend
Ex DateEx DateJul 14, 2023
Dividend/Share
₹4.35
Ex DateEx Date
Jul 14, 2023
News & Opinions
REC Ltd up for third straight session
2 weeks ago•Business Standard
REC Ltd gains for fifth session
3 weeks ago•Business Standard
REC Arm, BHEL To Develop Utility-Scale Renewable Energy Projects
3 months ago•Bloomberg Quint
Serentica Renewables Secures Rs 5,600 Crore Funding From REC, PFC
9 months ago•Bloomberg Quint
F&O Manual |Nifty tests 19,350, Bank Nifty rebounds after 5-day losing streak
10 months ago•Moneycontrol
F&O Manual | Pharma stocks propel benchmark indices; sideways momentum in Nifty at 19,600 levels
10 months ago•Moneycontrol
India Energy Transition To Top $200 Billion A Year, REC Says
11 months ago•Bloomberg Quint
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 13.33%, vs industry avg of 12.59%
Increasing Market Share
Over the last 5 years, market share increased from 21.09% to 23.06%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 19.76%, vs industry avg of 18.42%