REC Share Price

Finance Large Cap

₹526.₀₀ +7.65 (1.48%)

05 Nov, 2024 19:06

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Performance

Low
₹500

High
₹529

52 Week Low
₹301

52 Week High
₹654

Open Price₹517
Previous Close₹518
Volume12,106,685

Investment Returns

Over 1 Month + 0.37%
Over 3 Month -13.92%
Over 6 Month -5.7%
Over 1 Year + 73.11%

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REC Fundamentals Fundamentals refer to the financial data that companies report on a quarterly or annual basis.

P/E Ratio
9.3

PEG Ratio
0.6

Market Cap Cr
138,508

P/B Ratio
2

Average True Range
20.15

EPS
53.3

Dividend Yield
3.1

MACD Signal
-8.44

RSI
46.99

MFI
44.46

Standalone Consolidated

Indicator	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23
Net Sales/Income from operations	13,474.36	12,690.35	12,383.58	11,944.04	11,393.00
Total Income From Operations	13,571.18	13,023.31	12,613.14	11,981.65	11,575.94
P/L Before Interest, Excpt. Items & Tax	13,546.16	12,346.99	13,043.82	11,767.59	12,156.71
P/L Before Exceptional Items & Tax	5,039.62	4,325.82	5,147.77	4,114.25	4,806.67
P/L After Tax from Ordinary Activities	4,005.47	3,442.45	4,016.30	3,269.31	3,772.87
Net Profit/Loss For the Period	4,005.47	3,442.45	4,016.30	3,269.31	3,772.87

Indicator	Mar 24	Mar 23
Revenue From Operations [Gross]	47,146.30	39,208.06
Revenue From Operations [Net]	47,146.30	39,208.06
Total Operating Revenues	47,146.30	39,208.06
Total Revenue	47,214.15	39,252.73
Total Expenses	29,433.51	25,513.96
Profit/Loss Before Tax	17,780.64	13,738.77
Profit/Loss For The Period	14,019.21	11,054.64

Indicator	Mar 24	Mar 23
Net CashFlow - Operating Activity	-57,885.22	-37,481.66
Net Cash Used In Investing Activity	-1,875.19	-803.87
Net Cash Used in Finance Activity	59,587.82	38,110.54
Net Inc/Dec In Cash And Equivalent	-172.59	-174.99
Cash And Equivalent End Of Year	-221.18	-48.59

Indicator	Mar 24	Mar 23
Total Share Capital	2,633.22	2,633.22
Total Non-Current Liabilities	442.70	243,931.80
Total Current Liabilities	478,214.54	163,265.66
Total Capital And Liabilities	547,440.39	464,877.13
Total Non-Current Assets	3,522.74	4,285.67
Total Current Assets	543,917.65	460,591.46
Total Assets	547,440.39	464,877.13

Indicator	2024	2023
EBIT Margin (%)	101.23	95.58
Return On Capital Employed (%)	68.94	12.42
Return On Equity (%)	20.54	19.36
Long Term Debt To Equity (%)	0.00	426.92
Book Value/Share (INR)	259.09	216.80

Indicator	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23
Net Sales/Income from operations	13,484.82	12,695.49	12,390.16	11,949.97	11,399.39
Total Income From Operations	13,682.43	13,078.66	12,677.18	12,051.77	11,688.24
P/L Before Interest, Excpt. Items & Tax	13,603.00	12,369.48	13,125.19	11,825.28	12,187.38
P/L Before Exceptional Items & Tax	5,097.39	4,349.23	5,229.48	4,171.69	4,837.61
P/L After Tax from Ordinary Activities	4,037.72	3,460.19	4,079.09	3,308.42	3,789.90
Net Profit/Loss For the Period	4,037.72	3,460.19	4,079.09	3,308.42	3,789.90

Indicator	Mar 24	Mar 23
Revenue From Operations [Gross]	47,504.75	39,478.26
Revenue From Operations [Net]	47,504.75	39,478.26
Total Operating Revenues	47,504.75	39,478.26
Total Revenue	47,571.23	39,520.16
Total Expenses	29,611.29	25,622.49
Profit/Loss Before Tax	17,959.94	13,897.67
Profit/Loss For The Period	14,145.46	11,166.98

Indicator	Mar 24	Mar 23
Net CashFlow - Operating Activity	-57,722.65	-37,359.77
Net Cash Used In Investing Activity	-1,830.96	-942.95
Net Cash Used in Finance Activity	59,587.82	38,122.84
Net Inc/Dec In Cash And Equivalent	34.21	-179.88
Cash And Equivalent End Of Year	-4.68	-38.89

Indicator	Mar 24	Mar 23
Total Share Capital	2,633.22	2,633.22
Total Non-Current Liabilities	463.64	243,904.35
Total Current Liabilities	478,377.20	163,477.89
Total Capital And Liabilities	548,191.09	465,502.75
Total Non-Current Assets	3,582.76	4,331.43
Total Current Assets	544,608.33	461,171.32
Total Assets	548,191.09	465,502.75

Indicator	2024	2023
EBIT Margin (%)	100.84	95.32
Return On Capital Employed (%)	68.62	12.45
Return On Equity (%)	20.56	19.41
Long Term Debt To Equity (%)	0.00	423.57
Book Value/Share (INR)	261.25	218.47

REC Technicals

EMA & SMA

Current Price

₹526.₀₀

+ 7.65 (1.48%)

Bullish Moving Average 5

Bearish Moving Average 11

EMA SMA

20 Day
₹530.57

50 Day
₹545.58

100 Day
₹546.29

200 Day
₹506.61

Resistance and Support

518.08

R3 565.62
R2 547.13
R1 536.57

S1 507.52
S2 489.03
S3 478.47

Is REC Worth Buying?

BUY SELL HOLD

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Ratings

Master Rating

EPS Strenth

Price Strength

Buyer Demand

Group Rank

REC Ltd. is a public sector financial institution in India, providing financing solutions for power generation, transmission, and distribution projects. It plays a key role in supporting India’s energy infrastructure and renewable energy initiatives. REC has an operating revenue of Rs. 51,490.04 Cr. on a trailing 12-month basis. An annual revenue growth of 20% is outstanding, Pre-tax margin of 38% is great, ROE of 20% is exceptional. The stock from a technical standpoint is trading below to its 50DMA and close to its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 88 which is a GOOD score indicating consistency in earnings, a RS Rating of 50 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 52 indicates it belongs to a fair industry group of Financial Svcs-Specialty and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail. Disclaimer: This stock analysis report is algorithmically generated for informational purposes only and should not be considered as a buy or sell recommendation. (+)

REC Corporate Actions - Bonus, Splits, Dividends

Board
Dividends
Bonus

Date	Purpose	Remarks
2024-10-26	Quarterly Results & Interim Dividend
2024-07-27	Quarterly Results
2024-05-31	Others	Inter alia, to consider the proposal of fund raising through private placement subject to the approval of Shareholders of the Company. per share(110%)Interim Dividend
2024-04-30	Audited Results & Final Dividend
2024-03-27	Others	Inter alia, to consider : proposal for approval of market borrowing programme of the Company for the financial year 2024-25. per share(110%)Interim Dividend

Date	Purpose	Remarks
2024-11-08	INTERIM	Rs.4.00 per share(40%)Interim Dividend
2024-08-09	INTERIM	Rs.3.50 per share(35%)Interim Dividend
2024-06-28	FINAL	Rs.5.00 per share(50%)Final Dividend
2024-03-28	INTERIM	Rs.4.50 per share(45%)Third Interim Dividend
2023-11-13	INTERIM	Rs.3.50 per share(35%)Second Interim Dividend

Date	Purpose	Remarks
2022-08-18	Bonus	Rs.0.00 issue in the ratio of 1:3 of Rs. 10/-.

REC F&O

REC Shareholding Pattern

Sep 24
Jun 24
Mar 24
Dec 23

Promoters
Mutual Funds
Insurance Companies
Foreign Portfolio Investors
Financial Institutions/ Banks
Individual Investors
Others

Promoters

52.63%

Mutual Funds

8.94%

Insurance Companies

3.93%

Foreign Portfolio Investors

21.22%

Financial Institutions/ Banks

0.07%

Individual Investors

9.85%

Others

3.36%

About REC

REC Limited (REC) is a leading public sector financial institution under the Ministry of Power, Government of India.

Established in 1998, REC plays a pivotal role in India's power sector by:

● Financing Power Projects: REC provides financial assistance for various power sector projects, including generation, transmission, and distribution.
● Promoting Renewable Energy: The company actively supports the development of renewable energy sources like solar and wind power in India.
● Restructuring UPPCL Debt: REC is entrusted with the crucial task of restructuring the debt of State Power Utilities (UPPCLs) to ensure financial stability in the power sector.
● Financial Resource Mobilization: REC raises funds through various channels like bonds, term loans, and external borrowings to support its lending activities.

Key Achievements - REC

● Played a significant role in financing India's growing power sector needs.
● Contributed to the development of a robust transmission and distribution network.
● Emerged as a key player in promoting renewable energy initiatives.

Future Prospects - REC

● REC is well-positioned to capitalize on India's growing energy demand and increasing focus on clean energy sources.
● The company's diverse financing solutions and expertise in the power sector can enable it to further support the sector's growth and development.
● By leveraging its financial strength and strategic partnerships, REC can contribute significantly to achieving India's energy security goals.

(+)

NSE Symbol
RECLTD

BSE Symbol
532955

Chairman & Managing Director
Mr. Vivek Kumar Dewangan

ISIN
INE020B01018

REC FAQs

What is Share Price of REC ?

REC share price is ₹526 As on 05 November, 2024 | 18:52

What is the Market Cap of REC ?

The Market Cap of REC is ₹138507.6 Cr As on 05 November, 2024 | 18:52

What is the P/E ratio of REC ?

The P/E ratio of REC is 9.3 As on 05 November, 2024 | 18:52

What is the PB ratio of REC ?

The PB ratio of REC is 2 As on 05 November, 2024 | 18:52

How to Invest in REC?

REC shares are publicly traded on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). To invest, you'll need a demat account with a brokerage firm that allows trading on these exchanges. You can buy shares of the company by opening a demat account with 5paisa.

What Affects REC's Share Price?

Financials, power sector trends, government policies, company news & ratings.

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