REC Limited

REC Limited (RECLTD) is a mid-cap Financial Services company valued at ₹80,866 crore operating in Financial Institution on the NSE and BSE.

Recent price move

REC Limited last traded at ₹307.8, modestly down 0.63% on the day.

Recent developments

On 2026-09-30, promoter holding remained at 52.63%, while foreign institutional holding increased by 1.02 percentage points and domestic institutional holding decreased by 0.43 percentage points. The company also announced dividends of ₹1.55, ₹4.25, ₹3.20, and ₹4.60 per share in the last 12 months.

Financial performance

The company's annual revenue rose 5.7% to ₹59,584 crore, while annual net profit increased 2.7% to ₹16,308 crore. However, the latest quarter showed a decline in both revenue and net profit compared to the same quarter a year earlier, with revenue falling 2.1% and net profit dropping 6.1%.

Valuation multiples

The stock trades at 5.0 times earnings, a discount to the Financial Services median of 19.3, 0.98 times book value. It yields 1.4%.

Things to watch

The company's net profit margin declined 0.8 percentage points to 27.4%, and its debt to equity ratio is 6.05, indicating a highly leveraged position. The stock is 20.7% below its 52-week high, and the latest quarter's net profit fell 6.1% compared to the same quarter a year earlier.

Where it stands

The company has maintained positive revenue and profit growth over the past five years, but recent quarterly results show a slowdown. The most significant movement is the 20.7% drop from the 52-week high, alongside a narrowing net profit margin and high leverage. The company stands at ₹307.80 as of the latest price.

Summarised by DocStoX's model on 2026-10-17 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.