REC Limited Share Price and Company Fundamentals
Last traded: Yesterday at 9:45 AM
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.
Key Metrics
PE ratio
5.60
PB ratio
1.06
Dividend yield
1.82%
Beta
0.34
Market cap
₹891.35B
Enterprise value
₹5842.51B
Company profile
| Industry / Sector | Credit Services / Financial Services |
|---|---|
| Full time employees | 590 |
| Website | https://www.recindia.nic.in |
| Mailing address | REC World Headquarters Plot No. I-4 Sector 29 Gurugram 122001 India |
| Phone / Fax | 91 12 4444 1300 / |
Dividends
Dividend yield
1.82%
Dividend amount
₹6.20
Payout ratio
32.25%
5Y Avg. yield
-%
REC Limited paid ₹6.20 dividend and the ex-dividend date was 14 Aug 2026.The dividend payout ratio is 32.25%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.RECLTD dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
Company Executives
As of Aug 2026, following are the company executives and directors listed on REC Limited.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Jitendra Srivastava | Chairman & MD | ||
| Thangarajan Subash Chandira Bosh | Director of Projects & Director | ||
| Rajesh Kumar | CFO, Director of Finance & Director | ||
| Bhupesh Chandolia | Senior GM of Finance & Accounts and Executive Director of Finance | ||
| Mr. Mohammed Azaz Ali | Chief Compliance Officer & GM of Finance | ||
| Mr. Prabhat Kumar Singh | Executive Director of Technical | 68 | |
| Mr. Subrata Aich | Chief Risk Officer & Executive Director of Finance | ||
| Sahab Narain DGM, RECL | Head of Internal Audit Function, GM of Finance & Accounts and Executive Director of Finance | ||
| Ms. Vinita Narera | Chief Vigilance Officer |
Profitability and management effectiveness
Profit margin
68.89%
Operating margin
96.85%
Return on assets
-
Return on equity
-
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of REC Limited is 891.35B and its enterprise value is 5842.51B. The enterprise value to revenue ratio of RECLTD is 25.10. The enterprise value to EBITDA ratio of RECLTD is -.
The RECLTD's stocks Beta value is 0.34 making it 66% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
REC Limited (NSE:RECLTD) Frequently Asked Questions
1. What is REC Limited's Stock Symbol?
REC Limited trades on NSE under the ticker symbol "RECLTD".
2. What is REC Limited's stock price today?
One share of RECLTD stock can currently be purchased for approximately ₹338.5.
3. How can I contact REC Limited?
REC Limited's mailing address is REC World Headquarters Plot No. I-4 Sector 29 Gurugram 122001 India. The company can be reached via phone at 91 12 4444 1300.
4. What is REC Limited's official website?
The official website of REC Limited is https://www.recindia.nic.in.