REC Ltd (RECM)

Currency in INR
284.50
-2.40(-0.84%)
Closed·
Trading near 52-week Low
High dividend Yield
RECLTD is not included in our AI-picked strategies. See which stocks are.
Fair Value
Day's Range
282.55288.95
52 wk Range
282.55387.80
Key Statistics
Bid/Ask
284.40 / 284.50
Prev. Close
284.5
Open
288.5
Day's Range
282.55-288.95
52 wk Range
282.55-387.8
Volume
3.38M
Average Volume (3m)
6.22M
1-Year Change
-24.9736%
Fair Value
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Fair Value Upside
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RECLTD Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
389.69
Upside
+36.97%
Members' Sentiments
Bearish
Bullish
ProTips
Trading at a low earnings multiple

REC Ltd News & Analysis

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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Sell
Technical Indicators
Strong Sell
Moving Averages
Strong Sell

Analyst Ratings

10 Buy
3 Hold
0 Sell
Ratings:
13 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 389.69
(+36.97% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
BofA Securities
Hold320.00+12.48%380.00MaintainOct 01, 2026
Macquarie
Buy343.00+20.56%450.00MaintainSep 30, 2026
ICICI Securities
Buy400.00+40.60%-MaintainJul 27, 2026
Macquarie
Buy450.00+58.17%-MaintainJun 30, 2026
Bernstein SocGen Group
Buy420.00+47.63%450.00MaintainJun 12, 2026

REC Ltd Earnings Call Summary for Q2/2027

  • REC missed Q2 2026 estimates with EPS of 14.74 vs 14.98 forecast and revenue of $52.1B vs $55.04B expected, stock initially fell 2.53% before recovering.
  • Loan book hit record ₹6.17 lakh crore (up 6% YoY); net profit rose to ₹7,541 crore in H1 with disbursements reaching ₹90,000 crore in first half.
  • Asset quality improved significantly with net NPAs declining to 0.11% from 0.24% YoY; company reported zero new NPAs for 19 consecutive quarters.
  • Management maintained FY 2027 loan growth guidance of 10-12% and expects NIMs to stabilize around 3.2% with limited compression from current levels.
  • Company pursuing opportunities in battery storage, transmission (₹1.85 lakh crore initiative), and data centers; PFC merger expected to enhance pricing power.
Last Updated: 10/29/2026, 05:00 PM
Read Full Transcript

Earnings

Latest Release
Oct 26, 2026
EPS / Forecast
12.88 / 14.98
Revenue / Forecast
52.14B / 55.04B
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 57.21
Dividend Yield
5.96%
Industry Median 1.30%
Annualized payout
17.10
Paid unevenly
5-Years Growth
+5.79%
Growth Streak

RECLTD Income Statement

Compare RECLTD to Peers and Sector

Metrics to compare
RECLTD
Peers
Sector
Relationship
P/E Ratio
5.0x13.5x9.1x
PEG Ratio
−0.390.690.03
Price/Book
0.8x1.5x1.0x
Price / LTM Sales
3.3x6.7x2.7x
Upside (Analyst Target)
37.0%24.2%18.3%
Fair Value Upside
Unlock0.5%2.6%Unlock

REC Limited, together with its subsidiaries, engages in the provision of financing services for power generation, transmission, distribution, infrastructure, and logistics projects in India. The company primarily offers long, medium, and short-terms loans; debt refinancing, equity financing, financing of equipment manufacturing for power sector and coal mines; policy for funding against regulatory assets, and revolving bill payment facility services; and letter of undertaking in lieu of bank guarantee, etc. It is also involved in the implementation of distribution system strengthening works, implementation of grid/off-grid solar (PV) projects, and installation of smart meters. In addition, the company acts as the bid process coordinator for selection of transmission service provider through tariff based competitive bidding process for independent inter-state and intra-state transmission projects. It serves government entities, independent power producers, and private sector borrowers. The company was formerly known as Rural Electrification Corporation Limited and changed its name to REC Limited in October 2018. The company was incorporated in 1969 and is based in Gurugram, India. REC Limited is a subsidiary of Power Finance Corporation Limited.

Sector
Financial
Employees
590
Market
India

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
419.33M15.92%120.31B
Other Institutional Investors
1.63B61.90%467.64B
Public Companies & Retail Investors
583.92M22.17%167.53B
Total
2.63B100.00%755.47B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Power Finance Corporation Limited52.63%1,385,993,662397,641,582
Life Insurance Corporation of India5.03%132,480,79938,008,741

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FAQ

What Is the REC (RECLTD) Stock Price Today?

The REC stock price today is 284.50 INR.

What Stock Exchange Does REC Trade On?

REC is listed and trades on the India National Stock Exchange.

What Is the Stock Symbol for REC?

The stock symbol for REC is "RECLTD."

Does REC Pay Dividends? What’s The Current Dividend Yield?

The REC dividend yield is 6.0%%.

What Is the REC Market Cap?

As of today, REC market cap is 749.15B INR.

What Is REC's Earnings Per Share (TTM)?

The REC EPS (TTM) is 57.21.

When Is the Next REC Earnings Date?

REC will release its next earnings report on Feb 04, 2027.

From a Technical Analysis Perspective, Is RECLTD a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.

How Many Times Has REC Stock Split?

REC has split 2 times.

How Many Employees Does REC Have?

REC has 590 employees.

What is the current trading status of REC (RECLTD)?

As of Nov 03, 2026, REC (RECLTD) is trading at a price of 284.50 INR, with a previous close of 284.50 INR. The stock has fluctuated within a day range of 282.55 INR to 288.95 INR, while its 52-week range spans from 282.55 INR to 387.80 INR.

What Is REC (RECLTD) Price Target According to Analysts?

The average 12-month price target for REC is 389.69 INR, with a high estimate of 500 INR and a low estimate of 295 INR. 10 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Buy. The stock has an +36.97% Upside potential.
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