REC Limited

NSE: RECLTD · Financial Institution · sector

₹298.20NSE close 2026-10-26

Key numbers

Market cap₹78,523 cr

Price₹298.20

52w high / low₹388 / ₹286

P/E4.9xSector median 13.2x

P/B0.9xSector median 1.6x

Book value₹320.1

Dividend yield7.78%Sector median 3.66%

ROE19.7%Sector median 14.4%

ROA2.50%Sector median 2.50%

Gross NPA–

Net NPA–

CET1–

Sales growth 3y+14.7%Sector median +14.3%

Profit growth 3y+13.8%Sector median +13.8%

PEG0.35x

Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 9 companies in Financial Institution (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

No promoter shares are pledged.
Total income was higher than a year earlier in 2 of the last 4 quarters.
Dividend paid in 4 of the last 5 financial years.
Price ₹298.20 on 2026-10-26: -23.2% from the 52-week high, +4.2% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹559.55 · low ₹287.75

Quarterly results

₹ cr	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Total income	13,571	14,157	15,159	14,646	15,084	14,911	14,386	14,296
Net interest income	13,571	14,157	15,159	14,646	15,084	14,911	14,386	14,296
Other income	25	16	15	87	10	42	20	35
Net profit	4,005	4,029	4,236	4,451	4,426	4,043	3,362	4,149
EPS (₹)	15.21	15.31	15.96	16.90	16.81	15.35	12.64	15.76
Revenue YoY					+11.1%	+5.3%	-5.1%	-2.4%
Profit YoY					+10.5%	+0.3%	-20.6%	-6.8%

Standalone figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY22	FY23	FY24	FY25	FY26	TTM
Revenue	39,132	39,208	47,214	55,911	59,140	58,677
Net profit	10,046	11,055	14,019	15,713	16,282	15,981
EPS (₹)	50.87	41.86	53.11	59.55	61.71	60.56
Revenue growth		+0.2%	+20.4%	+18.4%	+5.8%	+2.0%
Profit growth		+10.0%	+26.8%	+12.1%	+3.6%	-4.4%
Dividend / share (₹)	–	13.05	15.35	20.40	19.60

Compounded growth	3 years	5 years	Last 12 months
Sales	+14.7%	+10.8%	+2.0%
Net profit	+13.8%	+14.3%	-4.4%
EPS	+13.8%	+7.8%	–
Share price	–	-24.6% (2y)	-19.8%

Balance sheet

₹ cr	FY22	FY23	FY24	FY25	FY26
Shareholders' equity	–	57,680	68,783	77,638	84,290
Borrowings	–	1,37,114	1,72,092	1,94,300	1,95,316
Cash & equivalents	–	1,987	2,499	1,750	927
Total assets	–	4,64,877	5,47,440	6,13,555	6,39,076
Fixed assets	–	639	630	578	565
Capital work in progress	–	3	24	76	128
Inventory	–	0	0	0	0

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY22	FY23	FY24	FY25	FY26
Cash from operations	-3,963	-37,482	-57,885	-39,182	5,914
Cash from investing	-210	-804	-1,875	-1,146	-3,319
Cash from financing	3,159	38,111	59,588	40,034	-2,375
Capex	22	18	33	83	75
Free cash flow	-3,985	-37,499	-57,918	-39,265	5,839

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY22	FY23	FY24	FY25	FY26
ROE %	–	19.2%	20.4%	20.2%	19.3%

Shareholding

Holder	% (2026-09-30)
Promoters	52.63%
FIIs	16.78%
DIIs	16.55%
of which Mutual funds	6.18%
of which Insurance	8.99%
Government	0.05%
Public (non-institutions)	13.98%

Quarter	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters %	52.63%	52.63%	52.63%	52.63%	52.63%	52.63%	52.63%	52.63%

Promoter group	%
Power Finance Corporation Limited	52.63%
President of India	0.00%

Public holders above 1%	%
Life Insurance Corporation of India	5.66%
Nippon Life India Trustee Ltd-a/c Nippon India Growth MID CAP Fund	2.10%
NPS Trust-a/c LIC Pension Fund Scheme - State Govt	1.36%
Tata AIG General Insurance Company Limited	1.19%

11,48,579 shareholders. Pledged: 0.00% of promoter shares.

Peers in Financial Institution

Company	Market cap	P/E	P/B	ROE	ROA	Gross NPA	Sales 3y	Div yield
PFC	₹1,05,042 cr	5.2x	1.0x	21.0%	3.28%	–	+13.8%	5.23%
IRFC	₹97,230 cr	13.2x	1.6x	12.6%	1.40%	–	+4.5%	2.82%
RECLTD	₹78,523 cr	4.9x	0.9x	19.7%	2.50%	–	+14.7%	7.78%
HUDCO	₹29,078 cr	6.8x	1.3x	21.3%	2.55%	–	+22.9%	3.66%
IREDA	₹28,618 cr	14.5x	2.0x	14.4%	2.01%	–	–	–
IFCI	₹16,123 cr	299.2x	9.0x	3.0%	0.53%	–	+18.9%	–
TFCILTD	₹7,144 cr	46.3x	5.4x	12.2%	6.39%	–	+5.8%	0.39%
HARAFIN	₹1,189 cr	1,145.0x	–	–	3.84%	–	+28.6%	–
GUJSTATFIN	₹74 cr	0.5x	–	–	-62.91%	100.00%	-36.1%	–

All 9 companies in Financial Institution →

Dividends & corporate actions

Ex-date	Action	Detail
2026-08-14	Dividend	Dividend - Rs 1.55 Per Share
2026-07-31	Dividend	Interim Dividend - Rs 4.25 Per Share
2026-03-20	Dividend	Interim Dividend - Rs 3.20 Per Share
2026-02-06	Dividend	Interim Dividend - Rs 4.60 Per Share
2025-10-27	Dividend	Interim Dividend - Rs 4.60 Per Share
2025-08-14	Dividend	Dividend - Rs 2.60 Per Share
2025-08-01	Dividend	Interim Dividend - Rs 4.60 Per Share
2025-03-26	Dividend	Interim Dividend - Rs 3.60 Per Share
2025-02-14	Dividend	Interim Dividend - Rs 4.30 Per Share
2024-11-08	Dividend	Interim Dividend - Rs 4 Per Share
2024-08-09	Dividend	Interim Dividend - Rs 3.50 Per Share
2024-06-28	Dividend	Dividend - Rs 5 Per Share
2024-03-28	Dividend	Interim Dividend - Rs 4.50 Per Share
2023-11-13	Dividend	Interim Dividend - Rs 3.50 Per Share
2023-08-14	Dividend	Interim Dividend - Rs 3 Per Share
2023-07-14	Dividend	Dividend - Rs 4.35 Per Share
2023-02-09	Dividend	Interim Dividend - Rs 3.25 Per Share
2022-11-07	Dividend	Interim Dividend - Rs 5 Per Share
2022-08-17	Bonus	Bonus 1:3
2022-07-12	Dividend	Dividend - Rs 4.80 Per Share

Documents

Links go to the original files on the exchange website.

About the company

Financial and Insurance Service: Financial and Credit leasing activities


Sector	Financial Services
Industry	Financial Institution
Sub-industry	Financial Institution
Symbol	RECLTD
BSE code	532955
ISIN	INE020B01018
Face value	₹10.0
Incorporated	1969-07-25
Website	https://recindia.com
Plants (India / abroad)	0 / 0

From the company's filings (BRSR FY26).

Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.