REC Ltd

Fri 4/09/2026,15:59:29 | NSE : RECLTD

₹318.705.10 (1.63%)

Data is delayed. Analysis is best done in real-time! Open a FREE Sharekhan Demat A/c in 15 mins* and continue your analysis with real-time data.

Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 313.60

Previous Close

₹ 313.60

Volume

5894088

Mkt Cap ( ₹ Cr)

₹ 83920.85

High

₹ 320.20

Low

₹ 313.20

52 Week High

₹ 390.50

52 Week Low

₹ 304.05

Book Value Per Share

₹ 338.93

Dividend Yield

5.80

Face Value

₹ 10.00

What's Your Call?

Collective community sentiment on REC Ltd

Your Vote -

Buy

67.62%

Hold

16.28%

Sell

16.10%

67.62%

3403 users have voted

Market Depth

How many stocks are available to buy or sell and at what prices.

Buy Order Quantity

100%

Sell Order Quantity

0%

Bid Price

Qty

318.70

816

0.00

0

0.00

0

0.00

0

0.00

0

Bid Total

816

Bid Price

Qty

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

Bid Total

0

Option Chain

Analyzes market sentiment, predicts REC Ltd' movement.

Call Price Open interest Strike Price Put Price Open interest

News

Media spotlight triggers stock stock attention, sentiment.

  • REC - Shareholder Meeting / Postal Ballot-Scrutinizer's Report

    27 Aug 2026, 7:34PM Declaration of Voting Results of 57th AGM of REC Limited.

  • REC - Shareholders meeting

    27 Aug 2026, 7:27PM Declaration of voting results of 57th Annual General Meeting of REC Limited.

  • REC - Shareholder Meeting / Postal Ballot-Scrutinizer's Report

    27 Aug 2026, 7:34PM Declaration of Voting Results of 57th AGM of REC Limited.

  • REC - General Updates

    26 Aug 2026, 11:34AM Intimation regarding imposition of fines by Stock Exchanges.

  • REC - Shareholder Meeting / Postal Ballot-Scrutinizer's Report

    27 Aug 2026, 7:34PM Declaration of Voting Results of 57th AGM of REC Limited.

  • REC - Shareholder Meeting / Postal Ballot-Scrutinizer's Report

    27 Aug 2026, 7:34PM Declaration of Voting Results of 57th AGM of REC Limited.

  • REC - Intimation Regarding Imposition Of Fines By Stock Exchanges.

    26 Aug 2026, 11:33AM Intimation regarding imposition of fines by Stock Exchanges.

  • REC - Proceedings Of 57Th Annual General Meeting Of REC Limited Held On Tuesday, August 25, 2026.

    25 Aug 2026, 11:24PM Proceedings of 57th AGM of REC Limited.

  • REC - Shareholders meeting

    25 Aug 2026, 11:19PM Proceedings of 57th Annual General Meeting of REC Limited held on Tuesday, August 25,2026.

  • REC - Intimation Of Incorporation Of Subsidiary Companies.

    25 Aug 2026, 11:14PM Intimation of incorporation of subsidiary companies.

  • REC - General Updates

    25 Aug 2026, 11:02PM Intimation of incorporation of subsidiary companies.

  • REC - Shareholder Meeting / Postal Ballot-Scrutinizer's Report

    27 Aug 2026, 7:34PM Declaration of Voting Results of 57th AGM of REC Limited.

  • REC - Shareholder Meeting / Postal Ballot-Scrutinizer's Report

    27 Aug 2026, 7:34PM Declaration of Voting Results of 57th AGM of REC Limited.

  • REC - Intimation Of Sale And Transfer Of Project Specific SPV/Subsidiary.

    21 Aug 2026, 8:11PM Intimation of sale and transfer of project specific SPV/Subsidiary.

  • REC - General Updates

    21 Aug 2026, 8:10PM Intimation of sale and transfer of project specific SPV/Subsidiary .

  • REC - Intimation Of Sale And Transfer Of Project Specific SPV /Subsidiary.

    14 Aug 2026, 6:38PM Intimation of sale and transfer of project specific SPV/ Subsidiary.

  • REC - General Updates

    14 Aug 2026, 6:37PM Intimation of sale and transfer of project specific SPV /Subsidiary.

  • REC - Announcement under Regulation 30 (LODR)-Change in Management

    4 Aug 2026, 6:21PM Intimation regarding change in Senior Management.

  • REC - Change in Management

    4 Aug 2026, 6:20PM REC Limited has informed the Exchange about change in Senior Management.

  • REC - Change in Management

    1 Aug 2026, 10:37PM Intimation regarding change in Internal Auditor.

  • REC - Intimation Regarding Change In Internal Auditor.

    1 Aug 2026, 8:12PM Intimation regarding change in Internal Auditor.

  • REC - Regulation 53 (1) Annual Report.

    31 Jul 2026, 6:50PM Annual Report

  • REC - Copy of Newspaper Publication

    31 Jul 2026, 3:37PM Newspaper publication in respect of Notice of 57th Annual General Meeting & e-voting information.

  • REC - Reg. 34 (1) Annual Report.

    30 Jul 2026, 9:18PM Annual Report of the Company for the financial year 2025-26.

  • REC - General Updates

    30 Jul 2026, 9:08PM Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26.

  • REC - Business Responsibility and Sustainability Reporting (BRSR)

    30 Jul 2026, 9:07PM Business Responsibility & Sustainability Report for the financial year 2025-26.

  • REC - Shareholders meeting

    30 Jul 2026, 9:00PM REC Limited has informed the Exchange regarding Notice of 57th Annual General Meeting to be held on August 25, 2026

  • REC - Notice Of 57Th Annual General Meeting & Annual Report Of REC Limited For The Financial Year 2025-26.

    30 Jul 2026, 8:59PM Notice of 57th Annual General Meeting & Annual Report of REC Limited for the financial year 2025-26.

  • REC - Intimation Of Sale And Transfer Of Project Specific SPV/Subsidiary.

    30 Jul 2026, 5:58PM Intimation of sale and transfer of project specific SPV/Subsidiary.

  • REC - General Updates

    30 Jul 2026, 5:55PM Intimation of sale and transfer of project specific SPV/Subsidiary.

  • REC - Intimation Of Incorporation Of Subsidiary Company.

    30 Jul 2026, 4:13PM Intimation of incorporation of subsidiary company.

  • REC - General Updates

    30 Jul 2026, 4:12PM Intimation of incorporation of subsidiary company.

  • REC - Intimation Of Sale And Transfer Of Project Specific Spvs/Subsidiaries.

    29 Jul 2026, 8:30PM Intimation of sale and transfer of project specific SPVs/Subsidiaries.

  • REC - General Updates

    29 Jul 2026, 8:20PM Intimation of sale and transfer of project specific SPVs/Subsidiaries.

  • REC - Copy of Newspaper Publication

    28 Jul 2026, 8:05PM Newspaper Publication regarding 57th Annual General Meeting of REC Limited.

  • REC - Compliances-Reg. 54 - Asset Cover details

    27 Jul 2026, 12:00PM Asset Cover Details Q1 FY 2026-27

  • REC - Copy of Newspaper Publication

    25 Jul 2026, 3:28PM REC Limited has informed the Exchange about Newspaper Clippings in respect of Financial Results and Record Date.

  • REC has declared 15.50% Final dividend for the financial year March 2026

    25 Jul 2026, 9:10AM REC Ltd. on Tuesday, 28 April 2026, has announced Final dividend of 15.50 percent on Equity Share, to its shareholders holding shares on the register

  • REC - Press Release- Financial Results

    24 Jul 2026, 6:38PM Press Release-Financial Results of REC Limited for the quarter ended June 30, 2026.

  • REC - General Updates

    24 Jul 2026, 6:38PM Press Release - Financial Results of REC Limited for the quarter ended June 30, 2026.

  • REC - Compliances-Reg. 52 - Financial Result

    24 Jul 2026, 6:25PM Financial Results

  • REC - Compliances-Reg. 52 (7) - Statement of Material Deviations in proceeds of issue of NCD / NCRP

    24 Jul 2026, 6:21PM Statement of Material Deviations in proceeds of issue of NCD/NCRP

  • REC - Final Dividend For The Financial Year 2025-26.

    24 Jul 2026, 6:14PM Record Date for payment of final dividend for the FY 2025-26 is August 14, 2026.

  • REC - 1St Interim Dividend For The Financial Year 2026-27.

    24 Jul 2026, 6:10PM Record Date for payment of 1st Interim Dividend for the FY 2026-27 is July 31, 2026.

  • REC - Record Date

    24 Jul 2026, 6:06PM REC Limited has informed the Exchange that Record date for the purpose of Payment of finai Dividend for the FY 2025-26 is 14-Aug-2026.

  • REC - Record Date

    24 Jul 2026, 5:43PM REC Limited has informed the Exchange that Record date for the purpose of Dividend is 31-Jul-2026.

  • REC - Financial Results For The Quarter Ended June 30, 2026.

    24 Jul 2026, 5:42PM Financial Results for the quarter June 30, 2026.

  • REC - Outcome of Board Meeting

    24 Jul 2026, 5:27PM REC Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.

  • REC - Board Meeting Outcome for Outcome Of Board Meeting Held On July 24, 2026.

    24 Jul 2026, 5:19PM Outcome of Board Meeting held on July 24, 2026.

  • REC - General Updates

    21 Jul 2026, 7:59PM Intimation of incorporation of subsidiary company.

  • REC - Intimation Of Incorporation Of Subsidiary Company.

    21 Jul 2026, 7:58PM Intimation of incorporation of subsidiary company.

  • REC - Board Meeting Intimation for Financial Results For The Quarter Ended June 30, 2026 And 1St Interim Dividend, If Any For

    21 Jul 2026, 7:06PM REC Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 24/07/2026 ,inter alia, to consider and approve fina

  • REC - Announcement under Regulation 30 (LODR)-Change in Directorate

    20 Jul 2026, 7:14PM Intimation regarding appointment of Independent Director.

  • REC - Appointment

    20 Jul 2026, 7:13PM Intimation regarding appointment of Independent Director.

  • REC - General Updates

    18 Jul 2026, 5:53PM Intimation of incorporation of subsidiary companies.

  • REC - Intimation Of Incorporation Of Subsidiary Companies.

    18 Jul 2026, 5:51PM Intimation of incorporation of subsidiary companies.

  • REC has submitted to BSE the Shareholding Pattern for the Period Ended June 30, 2026

    15 Jul 2026, 8:30PM As of June 2026, 52.63% is owned by Indian Promoters and 47.37% by Public. <p align=justify> Institutional holds 32.74% (Insurance Companies 6.89%) an

  • REC - Updates

    14 Jul 2026, 7:53PM Board comments on fine levied by the Exchanges.

  • REC - Board Comments On Fine Levied By The Exchanges.

    14 Jul 2026, 7:51PM Board comments on fine levied by the Exchanges.

  • REC - Intimation Of Incorporation Of Subsidiary Company.

    14 Jul 2026, 7:49PM Intimation of incorporation of subsidiary company.

  • REC - General Updates

    14 Jul 2026, 7:47PM Intimation of incorporation of subsidiary company.

  • REC - General Updates

    10 Jul 2026, 7:27PM Intimation of incorporation of subsidiary company.

  • REC - Intimation Of Incorporation Of Subsidiary Company.

    10 Jul 2026, 7:26PM Intimation of incorporation of subsidiary company

  • REC - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    10 Jul 2026, 7:16PM REC Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018

  • REC - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    10 Jul 2026, 7:14PM Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018

  • REC - Intimation Of Sale And Transfer Of Project Specific Spvs/Subsidiaries.

    30 Jun 2026, 10:05PM Intimation of sale and transfer of project specific SPVs/Subsidiaries.

  • REC - General Updates

    30 Jun 2026, 10:05PM Intimation of sale and transfer of project specific SPVs/Subsidiaries.

  • REC - Change in Management

    29 Jun 2026, 8:20PM Intimation regarding change in Senior Management.

  • REC - Announcement under Regulation 30 (LODR)-Change in Management

    29 Jun 2026, 8:18PM Intimation regarding change in Senior Management.

  • REC - General Updates

    28 Jun 2026, 11:23PM Press Release dated June 28, 2026

  • REC - Press Release Dated June 28, 2026

    28 Jun 2026, 11:21PM Press Release dated June 28, 2026

  • REC - Outcome of Board Meeting

    28 Jun 2026, 10:35PM Outcome of Board Meeting held on Jun 28, 2026.

  • REC - Board Meeting Outcome for Outcome Of Board Meeting

    28 Jun 2026, 10:34PM Outcome of Board Meeting

  • REC - Board Meeting Intimation for Inter-Alia To Consider & Approve The Scheme Of Merger Amongst REC And Power Finance Corpor

    23 Jun 2026, 8:39PM REC Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/06/2026 ,inter alia, to consider and approve the

  • REC - Change in Director(s)

    23 Jun 2026, 6:53PM REC Limited has informed the Exchange regarding Change in Director(s) of the company.

  • REC - Announcement under Regulation 30 (LODR)-Change in Directorate

    23 Jun 2026, 6:52PM Intimation regarding appointment of Independent Directors.

  • REC - Disclosure under SEBI Takeover Regulations

    19 Jun 2026, 12:47PM ÿÿPower Finance Corporation Ltd.has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of Indi

  • REC - Intimation Of Sale And Transfer Of Project Specific SPV/Subsidiary.

    12 Jun 2026, 6:36PM Intimation of sale and transfer of project specific SPV/ Subsidiary.

  • REC - General Updates

    12 Jun 2026, 6:34PM Intimation of sale and transfer of project specific SPV/Subsidiary.

  • REC - Intimation Regarding Presidential Approval For The Proposed Merger Of REC Limited Into Power Finance Corporation Limite

    10 Jun 2026, 7:09PM Intimation regarding Presidential Approval for the proposed merger of REC Limited into Power Finance Corporation Limited.

  • REC - General Updates

    10 Jun 2026, 7:06PM Intimation regarding Presidential Approval for the proposed merger of REC Limited into Power Finance Corporation Limited.

  • PFC and REC

    29 Jun 2026 , 9:41AM PFC and REC: Boards of both companies approved merger scheme; share swap fixed at 88:100: State-run lenders Power Finance Corporation (PFC) and REC Ltd have approved the long-awaited merger scheme, paving the way for the creation of a power sector financing giant with a combined loan book of more than Rs 11 lakh crore. Under the approved scheme, REC shareholders will receive 88 equity shares of PFC for every 100 equity shares of REC held. The share exchange will be applicable to shareholders on a record date that will be announced later by the boards of the two companies.

  • Power Finance Corporation, REC

    9 Feb 2026 , 12:06PM Power Finance Corporation, REC: Following the in-principle approval of the Cabinet Committee on Economic Affairs (CCEA), Power Finance Corporation (PFC) has acquired 52.63% of the government’s shareholding in REC. Accordingly, PFC and REC are now operating as holding and subsidiary companies. The Board of Directors of PFC took note of the Budget announcement and accorded its in-principle approval for restructuring in the form of a merger between PFC and REC, while ensuring that the merged entity continues to remain a government company.

  • RECL Ltd Q4FY25

    14 May 2025 , 12:45PM RECL Ltd Q4FY25 – Key take aways (KTAs)

  • REC Ltd

    23 Apr 2025 , 12:30PM The Government of India appointed to Shri Jitendra Srivastava, IAS (BH: 2000), Joint Secretary, Department of Drinking Water and Sanitation, Ministry of Jal Shakti as Chairman and Managing Director ("CMD") of REC Limited. Accordingly, Shri Jitendra Srivastava has assumed charge of the post of CMD at REC on April 22, 2025. Further, on appointment of Shri Jitendra Srivastava as CMD, REC; Smt. Parminder Chopra, CMD, Power Finance Corporation Limited.

  • REC Ltd

    9 Apr 2025 , 9:40AM The company to invest Rs 1 lakh crore in Mumbai Metropolitan Region (MMR): The MoU for Rs 1 lakh crore worth of financing is for an array of infrastructure projects in the MMR, focusing on urban mobility, housing, and essential infrastructure. The funding will be disbursed over the next five years, ensuring steady progress in modernising and enhancing the region's infrastructure. Positive ome First Finance: The company launched its Rs 1,250 crore qualified institutions placement (QIP) issue on April 8, with a floor price set at Rs 1,019.25 per share. Positive

  • Viewpoint (New Idea) – REC Ltd

    25 Mar 2025 , 10:23AM Viewpoint (New Idea) – REC Ltd. – Strong growth visibility, favorable risk-reward

  • RECL

    5 Mar 2025 , 11:30AM A meeting of the Board of Directors of REC Limited will be held on Friday, March 7, 2025 inter-alia to consider the proposal for revision in Market Borrowing Programme of the Company for the FY25.

  • REC Ltd

    4 Mar 2025 , 9:54AM REC: The corporation to consider revision in Market Borrowing Programme of the company on March 7.

  • REC

    18 Sep 2024 , 10:11AM REC: signed non-binding Memorandum of Understandings (MoUs) with RE developers aggregating about ₹ 1.12 lakh crore which will be implemented over a period of 5 years. Positive

  • REC Ltd

    28 Aug 2024 , 10:56AM The company has signed a non-binding MoU with JNPA port for financing up to Rs. 45,000 crore for upcoming projects. Positive read through

  • PFC/REC

    23 Aug 2024 , 9:53AM NCLT has approved Adani Power`s resolution plan to buy Lanco Amarkantak Power Project for Rs. 4,101 crore. Major lenders to the project were PFC/REC and some of the PSU banks. Thus, resolution will result in healthy recoveries for PFC, REC and some of the PSU banks. Positive

  • REC Ltd

    3 Jun 2024 , 12:24PM The company has received approval from the board for raising funds up to Rs 1.45 lakh crore through the private placement of non-convertible debentures. Further, the board has approved the appointment of Mr. Harsh Baweja as Director (Finance) (as Additional Director) and Chief Financial Officer of the company, with effect from May 14, 2024.

  • REC

    19 Jan 2024 , 10:34AM The company has been designated as the overall implementation agency for rooftop solar program of the Renewable Energy Ministry. Positive

  • REC Ltd

    12 Dec 2023 , 10:13AM REC Limited signed a 200 million Euro loan agreement with the German bank KfW. The loan will be used to undertake reforms in India’s distribution sector. This marks REC’s sixth line of credit under the Indo-German development corporation. Positive read through

  • REC to sell Ramgarh-II transmission to Power Grid

    27 Sep 2023 , 3:52PM Boad approves sale and transfer of the entire shareholding of Ramgarh-II Transmission

  • REC board nod sale & transfer of KPSI Transmission

    31 Mar 2023 , 2:32PM REC board approves sale & transfer of entire shareholding of KPS 1 Transmission to Megha Engineering

  • REC Ltd

    10 Mar 2023 , 11:34AM REC Ltd: Board has approved fundraising of up to Rs 1.2 lakh crore under different debt instruments for financial year 2023-24.

  • REC board's approval of market borrowing

    10 Mar 2023 , 10:06AM REC board approves raising up to Rs 1.20 lakh crore via debt in FY24

  • RECL

    16 Jan 2023 , 10:15AM The company has signed five different non-binding MoUs worth Rs1 lakh crore with the UP government to extend financial assistance during the UP Global Investors Summit. MoUs are in the field of power generation (Rs14,103 crore), transmission (Rs7800 crore) and distribution projects (Rs13600 crore, renewable energy (Rs45,350 crore) and infrastructure development projects (Rs20000 crore). The company also signed a non-binding MoU with MP Power Management Company (MPPMCL) to extend financial assistance of Rs15,086 crore for upcoming Sarani and Amarkantak thermal power projects, system improvement works, technology upgradation, renovation and modernisation. Positive read through for REC Limited.

  • REC

    16 Sep 2022 , 10:15AM Board has approved the addition of new sub-clause, in the objects clause of memorandum of association (MOA) of REC Limited, subject to approval of the shareholders - to lend to logistics and infrastructure sectors to the extent permitted by Government of India. Positive read through.

  • REC board approves Rs. 85,000 cr borrowing plan for 2022-23

    22 Mar 2022 , 10:14AM Outcome for approval of market borrowing programme for the Financial Year 2022-23

  • REC approves amendment in JV agreement of Energy Efficiency

    31 Aug 2021 , 12:10PM Energy Efficiency Services is a JV between REC, PFC, Power Grid & NTPC

  • REC to consider 2nd interim dividend for FY21

    3 Mar 2021 , 3:16PM Board Meeting for proposals for market borrowing programme for FY 2021-22 and payment of 2nd Interim Dividend for FY 2020-21

  • REC Ltd

    24 Feb 2021 , 11:26AM REC has priced its USD 500 mn notes of coupon rates of 2.25% under its USD 7 billion Global Medium Term Note Programme. The Notes will mature on September 1, 2026 and all principal and interest payments will be made in U.S. dollars. The settlement date for the Notes is expected to be March 1, 2021. The net proceeds from the sale of the Notes will be applied for lending to the power sector in accordance with the External Commercial Borrowings Regulations and directions of the Reserve Bank of India.

  • PFC, REC

    27 Nov 2020 , 10:42AM The companies have signed an initial pact with SJVN to provide Rs 8,520 crore worth loan for a thermal power plant in Buxar, Bihar.

  • NTPC, REC

    4 Sep 2020 , 12:07PM As per media reports, NTPC and REC Ltd are planning to enter power distribution business and are expected bid for disoms in union territories (UTs). We highlight here government already announced plans for privatisation of UTs such as Chandigarh and Dadra and Nagar Haveli, which are likely to be the first ones on the block.

  • REC board nod incorporation of seven SPVs

    8 Apr 2020 , 2:05PM REC board approves incorporation of seven Special Purpose Vehicles as its subsidiaries

  • REC raises about $650 mn via offshore bonds

    19 Jul 2019 , 10:49AM Rural Electrification Corporation (REC): As per media reports, state-owned REC has raised about $650 mn via offshore bonds.

  • REC board to consider fund raising

    4 Jul 2019 , 3:01PM Raising of funds through issue of Unsecured/Secured Non-Convertible Bonds/Debentures through private placement

  • REC board nod raising of fund during FY20

    20 Mar 2019 , 3:15PM Board approves market borrowing programme under different debt segments for the financial year 2019-20

  • REC board declares interim dividend

    28 Feb 2019 , 2:33PM Declaration and payment of Interim Dividend at Rs.11/- per equity share of Rs. 10/- each

  • As per a CAG report, PFC and REC had not followed RBI norms

    10 Aug 2017 , 2:14PM Rural Electrification Corp (REC) and Power Finance Corp.(PFC): As per a CAG report, PFC and REC had not followed RBI norms and did inadequate due diligence for credit appraisal for loans to private power companies – Negative read thru.
Load More
Show Less

Key fundamentals

Evaluate the intrinsic value of REC Ltd stock 

Name March-26 March-25 March-24 March-23 March-22
Assets 599062.26 573927.22 514397.33 438516.09 384087.23
Liabilities 599062.26 573927.22 514397.33 438516.09 384087.23
Equity 2633.22 2633.22 2633.22 2633.22 1974.92
Gross Profit 56933.84 53950.65 47685.78 37455.85 34397.81
Net Profit 16282.26 15713.21 14019.21 11054.64 10045.92
Cash From Operating Activities 5913.63 -39182.15 -57885.22 -37481.66 -3962.66
NPM(%) 27.53 28.1 29.73 28.19 25.67
Revenue 59139.96 55911.12 47146.3 39208.06 39132.49
Expenses 2206.12 1960.47 -539.48 1752.21 4734.68
ROE(%) 18.24 17.6 15.7 12.38 11.25

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
31 Jul 2026 4.25 42.5 5.82 361.6
14 Aug 2026 1.55 15.5 5.82 375.8
20 Mar 2026 3.2 32 5.82 332.45
06 Feb 2026 4.6 46 5.82 375.3
27 Oct 2025 4.6 46 5.82 374.95
01 Aug 2025 4.6 46 5.82 404.9
14 Aug 2025 2.6 26 5.82 392.4
26 Mar 2025 3.6 36 5.82 429.5
14 Feb 2025 4.3 43 5.82 434.15
08 Nov 2024 4 40 5.82 523.65
09 Aug 2024 3.5 35 5.82 644.6
28 Jun 2024 5 50 5.82 507.15
13 Nov 2023 3.5 35 5.82 282.85
14 Aug 2023 3 30 5.82 173.55
09 Feb 2023 3.25 32.5 5.82 115.95
12 Jul 2022 4.8 48 5.82 114
15 Feb 2022 6 60 5.82 140.6
11 Nov 2021 2.5 25 5.82 148.65
13 Aug 2021 2 20 5.82 156.45
16 Sep 2021 1.71 17.1 5.82 155.1
18 Mar 2021 5 50 5.82 146.25
13 Nov 2020 6 60 5.82 104.8
11 Feb 2020 11 110 5.82 144.95
11 Mar 2019 11 110 5.82 136.35
17 Sep 2018 1.75 17.5 5.82 119.3
15 Feb 2018 7.4 74 5.82 144.55
14 Sep 2017 2.65 26.5 5.82 193.25
27 Feb 2017 7 70 5.82 144.55
22 Aug 2016 5.1 51 5.82 155.4
17 Feb 2016 12 120 5.82 190.65
09 Sep 2015 2.7 27 5.82 301.7
18 Feb 2015 8 80 5.82 324.65
02 Sep 2014 1.75 17.5 5.82 344.55
20 Feb 2014 7.75 77.5 5.82 172.15
28 Aug 2013 1.5 15 5.82 230.7
08 Feb 2013 6.75 67.5 5.82 234.15
04 Sep 2012 2.5 25 5.82 169.6
30 Jan 2012 5 50 5.82 166.85
30 Aug 2011 4 40 5.82 202.35
11 Feb 2011 3.5 35 5.82 252.85
24 Aug 2010 3.5 35 5.82 259.7
04 Jan 2010 3 30 5.82 235.2
03 Sep 2009 2.5 25 5.82 149.05
26 Feb 2009 2 20 5.82 86.85
08 Sep 2008 3 30 5.82 110.65

Peers

Other companies within the same industry or sector that are comparable to REC Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
IBL Finance Ltd 58.00 -4.76 59.18 790.15 9.87 0.00
360 One Wam Ltd 1137.00 -1.56 36.71 12974.92 2983.99 0.00
Abans Financial Services Ltd 202.07 -3.21 8.01 1618.55 947.28 0.00
Finkurve Financial Services Ltd 72.31 2.96 34.43 4054.74 185.89 0.00

Company Info

Our Company was incorporated on July 25, 1969 under the Companies Act as a private limited company under the name of 'Rural Electrification Corporation Private Limited' with the main objective of financing rural electrification schemes in the country. The word private was deleted from the name of our Company on June 3, 1970. Our Company became a deemed public limited company w.e.f. July 1, 1975. The RoC on July 18, 2003 issued a fresh certificate of incorporation consequent upon change of name on conversion to a public limited company and our name was changed to our present name, Rural Electrification Corporation Limited. Major events Our Company was declared a Public Financial Institution under section 4A of the Companies Act in 1992. We are also registered with the RBI as a NBFC w.e.f. February 10, 1998. 1969 - Incorporation of our Company.  1970 - Commenced lending operations to SEBs.  1974 - Authorised by the Ministry of Irrigation and Power to finance rural electrification under the 'Minimum Needs Programme 1979 Central Institute of Rural Electrification set up in Hyderabad.  1980 - Deputed engineers to Algeria to train the Algeria's National Agency for Distribution of Electricity and Gas on rural electrification.  1988  Launch of Kutir Jyoti and Jal Dhara programmes for rural electrification.  1990 Awarded the Indira Gandhi Memorial Award for Excellence in Public Sector Undertakings for the year 1989-1990.  1992  Declared a Public Financial Institution under section 4A of the Companies Act.  1993 - Entered into MOU with the MoP for the first time to achieve certain performance related targets.  1994 - Received rating of "excellent" and award by the GoI, for the first time, for fulfilling the targets pursuant to the MOU. 1998 Registered as a NBFC under section 45(IA) of the RBI Act. 1999 Received 'AAA' rating from CRISIL Limited in relation to our long term domestic borrowings. 2000 Declared to be among the top ten Public Sector Enterprises by the GoI. 2001 Capital Gains Tax Benefit under section 54 EC of the IT Act to bonds floated by our Company. Upgradatation from Schedule 'B' to Schedule 'A' Corporation. 2002 Grant of Mini Ratna- I status.  2003 Did not seek assistance from the budget for finances and became a fully self- reliant organisation.  2005 Profit before tax, crossed Rs. 10,000 million. Paid Rs. 2,345 million as dividend to the GoI. Appointed as the nodal agency for RGGVY. 2006 Received rating of "excellent" for the year 2005-06 by the GoI for fulfilling the targets of the MOU.  2007 -Received rating of "excellent" for the year 2006-07 by the GoI for fulfilling the targets of the MOU.  2008  -The initial public offer of Rural Electrification Corporation (REC), a state-run power sector lender, got subscribed 4.67 times at 11:00 IST on last day of its issue today, 22 February 2008. The price band for the IPO is Rs 90 to Rs 105. The book building process, which opened on February 19, is scheduled to close on February 22. The issue would constitute about 18.18% of the fully diluted post-issue capital of REC. It is looking to raise about Rs 16.40 billion through sale of 156 million equity shares in a price band of Rs 90-105 in the IPO. 2009 - Rural Electrification Corporation Ltd has appointed the following two firms of Chartered Accountants as the Joint Statutory Auditors of the Company for the Financial Year 2009-10: 1. Bansal & Co., New Delhi 2. K G Somani & Co., New Delhi 2010 - In order to fund a power project in North Chennai, Rural Electrification Corporation Ltd. (REC) has inked a Memorandum of Understanding (MoU) with NTPC Tamil Nadu Energy Company Ltd. (NTECL) 2011 - Rural Electrification Corporation Ltd has declared and approved an Interim Dividend at the rate of Rs.3.50 per share on the face value of fully paid-up equity shares of Rs.10/- each for the financial year 2010-11. - Rs 1300 crore bids invited for laying transmission system in Andhra pradesh 2012 - Rural Electrification Corporation has sought the approval of Reserve Bank of India (RBI) for issuing bonds to raise up to USD 500 million - Rural Electrification Corporation Ltd has appointed Shri Jyoti Shubhra Amitabh as a Company Secretary with effect from September 03, 2012 Shri Jyoti Shubhra Amitabh is holding 121 equity shares in the Company as on September 03, 2012.  2013 -Board recommends Final Dividend of Rs. 1.50/- per share -REC awarded India Pride Award 2013-14  2014 -Board recommends Final Dividend of Rs. 1.75/- per share. -REC awarded Dalal Street - PSU Award 2014 -REC awarded India Today - PSUs Awards 2014 for Best HR Practices -REC Signs MoU with Ministry of Power for the Financial Year 2014-15 2015 -Rural Electrification Corp has has signed two separate agreements with Andhra Pradesh Power Generation Corporation Limited and Transmission Corporation of Andhra Pradesh Limited -Rural Electrification Corporation Ltd - Incorporation of three Project Specific Special Purpose Vehicles (SPVs), as Subsidiary Companies of Rural Electrification Corporation Limited  2016 -Rural Electrification Corporation Ltd has approved the Bonus Equity Shares in the ratio of 1:1 (i.e. One Bonus equity share of Rs. 10/- each for every equity share of Rs. 10/- each) to the existing shareholders of the Company -REC contributes Rs 25 crore towards "Swachh Bharat Kosh"  2017 -REC wins the Dainik Bhaskar India Pride Award 2017. -REC gets nod to incorporate five project specific SPVS as WOS -SAUBHAGYA Launched in Madhya Pradesh -REC honored with two Awards at SCOPE Awards on the 8th Public Sector Day Function. -REC Stall Inaugurated at Intelect 2017 -REC Limited received the first prize for "Brand Building through Inclusive Growth Initiatives" at the Corporate Communication Excellence Awards 2017 organised by the SCOPE.  2018  -REC launches USD 300 mln dollar-dominated bonds -Name of the company will be changed from 'Rural Electrification Corporation Limited' to 'REC Limited' 2020 -'REC conferred with PSE Excellence Award, 2019 as Runner Up in the Navratna & Maharatna category, for excellence in Corporate Governance.' 2021  -This is to inform that Ministry of Corporate Affairs (MCA) vide order dated February 5, 2021 has approved the Scheme of Amalgamation of REC Transmission Projects Company Limited ('Transferor Company') with REC Power Distribution Company Limited ('Transferee Company'), wholly owned subsidiaries of REC  2022 -REC has issued Bonus Shares in the Ratio of 1:3. .-The Company has issued Bonus Shares in the Ratio of 1:3. -REC conferred with Golden Peacock Award for Excellence in Corporate Governance for the year 2022. 2023 - REC partners with Punjab National Bank to finance projects in logistics, power, infra sectors. 2024 -REC receives SCOPE Excellence Award for Digitalization. -REC Ltd and Bank of Baroda join hands to finance Power, Infrastructure and Logistics Projects. -REC signs MoU with RVNL for financing infrastructure projects worth Rs 35,000 cr.-REC Received Golden Peacock Award 2024 for Excellence in Corporate Governance.-REC Received Best Corporate Film Award at 8th National Media Conclave 2024.2025-REC Limited wins Best Design Thinking Award at 5th Distinguished NBFC (DNA) Awards.-REC and RECPDCL gets Best Financial Services Company award and Best Power Transmission Company award.-REC Ltd Achieved Top ESG Rating Among Financial Institutions by NSE ESG Ratings. -REC Limited and Sagarmala Finance Corporation Limited (SMFCL) sign MoU to boost Maritime Infrastructure Financing.-REC Ltd Wins Prestigious ET Infra Leadership Award for Landmark Green Financing Projects.

Our Company was incorporated on July 25, 1969 under the Companies Act as a private limited company under the name of 'Rural Electrification Corporation Private Limited' with the main objective of financing rural electrification schemes in the country. The word private was deleted from the name of our Company on June 3, 1970. Our Company became a deemed public limited company w.e.f. July 1, 1975. The RoC on July 18, 2003 issued a fresh certificate of incorporation consequent upon change of name on conversion to a public limited company and our name was changed to our present name, Rural Electrification Corporation Limited. Major events Our Company was declared a Public Financial Institution under section 4A of the Companies Act in 1992. We are also registered with the RBI as a NBFC w.e.f. February 10, 1998. 1969 - Incorporation of our Company.  1970 - Commenced lending operations to SEBs.  1974 - Authorised by the Ministry of Irrigation and Power to finance rural electrification under the 'Minimum Needs Programme 1979 Central Institute of Rural Electrification set up in Hyderabad.  1980 - Deputed engineers to Algeria to train the Algeria's National Agency for Distribution of Electricity and Gas on rural electrification.  1988  Launch of Kutir Jyoti and Jal Dhara programmes for rural electrification.  1990 Awarded the Indira Gandhi Memorial Award for Excellence in Public Sector Undertakings for the year 1989-1990.  1992  Declared a Public Financial Institution under section 4A of the Companies Act.  1993 - Entered into MOU with the MoP for the first time to achieve certain performance related targets.  1994 - Received rating of "excellent" and award by the GoI, for the first time, for fulfilling the targets pursuant to the MOU. 1998 Registered as a NBFC under section 45(IA) of the RBI Act. 1999 Received 'AAA' rating from CRISIL Limited in relation to our long term domestic borrowings. 2000 Declared to be among the top ten Public Sector Enterprises by the GoI. 2001 Capital Gains Tax Benefit under section 54 EC of the IT Act to bonds floated by our Company. Upgradatation from Schedule 'B' to Schedule 'A' Corporation. 2002 Grant of Mini Ratna- I status.  2003 Did not seek assistance from the budget for finances and became a fully self- reliant organisation.  2005 Profit before tax, crossed Rs. 10,000 million. Paid Rs. 2,345 million as dividend to the GoI. Appointed as the nodal agency for RGGVY. 2006 Received rating of "excellent" for the year 2005-06 by the GoI for fulfilling the targets of the MOU.  2007 -Received rating of "excellent" for the year 2006-07 by the GoI for fulfilling the targets of the MOU.  2008  -The initial public offer of Rural Electrification Corporation (REC), a state-run power sector lender, got subscribed 4.67 times at 11:00 IST on last day of its issue today, 22 February 2008. The price band for the IPO is Rs 90 to Rs 105. The book building process, which opened on February 19, is scheduled to close on February 22. The issue would constitute about 18.18% of the fully diluted post-issue capital of REC. It is looking to raise about Rs 16.40 billion through sale of 156 million equity shares in a price band of Rs 90-105 in the IPO. 2009 - Rural Electrification Corporation Ltd has appointed the following two firms of Chartered Accountants as the Joint Statutory Auditors of the Company for the Financial Year 2009-10: 1. Bansal & Co., New Delhi 2. K G Somani & Co., New Delhi 2010 - In order to fund a power project in North Chennai, Rural Electrification Corporation Ltd. (REC) has inked a Memorandum of Understanding (MoU) with NTPC Tamil Nadu Energy Company Ltd. (NTECL) 2011 - Rural Electrification Corporation Ltd has declared and approved an Interim Dividend at the rate of Rs.3.50 per share on the face value of fully paid-up equity shares of Rs.10/- each for the financial year 2010-11. - Rs 1300 crore bids invited for laying transmission system in Andhra pradesh 2012 - Rural Electrification Corporation has sought the approval of Reserve Bank of India (RBI) for issuing bonds to raise up to USD 500 million - Rural Electrification Corporation Ltd has appointed Shri Jyoti Shubhra Amitabh as a Company Secretary with effect from September 03, 2012 Shri Jyoti Shubhra Amitabh is holding 121 equity shares in the Company as on September 03, 2012.  2013 -Board recommends Final Dividend of Rs. 1.50/- per share -REC awarded India Pride Award 2013-14  2014 -Board recommends Final Dividend of Rs. 1.75/- per share. -REC awarded Dalal Street - PSU Award 2014 -REC awarded India Today - PSUs Awards 2014 for Best HR Practices -REC Signs MoU with Ministry of Power for the Financial Year 2014-15 2015 -Rural Electrification Corp has has signed two separate agreements with Andhra Pradesh Power Generation Corporation Limited and Transmission Corporation of Andhra Pradesh Limited -Rural Electrification Corporation Ltd - Incorporation of three Project Specific Special Purpose Vehicles (SPVs), as Subsidiary Companies of Rural Electrification Corporation Limited  2016 -Rural Electrification Corporation Ltd has approved the Bonus Equity Shares in the ratio of 1:1 (i.e. One Bonus equity share of Rs. 10/- each for every equity share of Rs. 10/- each) to the existing shareholders of the Company -REC contributes Rs 25 crore towards "Swachh Bharat Kosh"  2017 -REC wins the Dainik Bhaskar India Pride Award 2017. -REC gets nod to incorporate five project specific SPVS as WOS -SAUBHAGYA Launched in Madhya Pradesh -REC honored with two Awards at SCOPE Awards on the 8th Public Sector Day Function. -REC Stall Inaugurated at Intelect 2017 -REC Limited received the first prize for "Brand Building through Inclusive Growth Initiatives" at the Corporate Communication Excellence Awards 2017 organised by the SCOPE.  2018  -REC launches USD 300 mln dollar-dominated bonds -Name of the company will be changed from 'Rural Electrification Corporation Limited' to 'REC Limited' 2020 -'REC conferred with PSE Excellence Award, 2019 as Runner Up in the Navratna & Maharatna category, for excellence in Corporate Governance.' 2021  -This is to inform that Ministry of Corporate Affairs (MCA) vide order dated February 5, 2021 has approved the Scheme of Amalgamation of REC Transmission Projects Company Limited ('Transferor Company') with REC Power Distribution Company Limited ('Transferee Company'), wholly owned subsidiaries of REC  2022 -REC has issued Bonus Shares in the Ratio of 1:3. .-The Company has issued Bonus Shares in the Ratio of 1:3. -REC conferred with Golden Peacock Award for Excellence in Corporate Governance for the year 2022. 2023 - REC partners with Punjab National Bank to finance projects in logistics, power, infra sectors. 2024 -REC receives SCOPE Excellence Award for Digitalization. -REC Ltd and Bank of Baroda join hands to finance Power, Infrastructure and Logistics Projects. -REC signs MoU with RVNL for financing infrastructure projects worth Rs 35,000 cr.-REC Received Golden Peacock Award 2024 for Excellence in Corporate Governance.-REC Received Best Corporate Film Award at 8th National Media Conclave 2024.2025-REC Limited wins Best Design Thinking Award at 5th Distinguished NBFC (DNA) Awards.-REC and RECPDCL gets Best Financial Services Company award and Best Power Transmission Company award.-REC Ltd Achieved Top ESG Rating Among Financial Institutions by NSE ESG Ratings. -REC Limited and Sagarmala Finance Corporation Limited (SMFCL) sign MoU to boost Maritime Infrastructure Financing.-REC Ltd Wins Prestigious ET Infra Leadership Award for Landmark Green Financing Projects.

Parent Organisation

REC Ltd.

Founded

25/07/1969

Managing Director

Mr.Jitendra Srivastava

NSE Symbol

RECLTDEQ

FAQ