REC Limited
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- ₹247.6
- Today's High:
- ₹272.35
- Open Price:
- ₹271.7
- 52W Low:
- ₹80.9783
- 52W High:
- ₹249.2
- Prev. Close:
- ₹270.1
- Volume:
- 2058487
Company Statistics
- Market Cap.:
- ₹647.02 billion
- Book Value:
- 218.234
- Revenue TTM:
- ₹159.58 billion
- Operating Margin TTM:
- 95.94%
- Gross Profit TTM:
- ₹155.73 billion
- Profit Margin:
- 73.2%
- Return on Assets TTM:
- 2.55%
- Return on Equity TTM:
- 20.41%
Company Profile
REC Limited had its IPO on under the ticker symbol RECLTD.
The company operates in the Financial Services sector and Credit Services industry. REC Limited has a staff strength of 417 employees.
Stock update
Shares of REC Limited opened at ₹271.7 at the start of the last trading session i.e. 2023-09-13.
The stocks traded within a range of ₹247.6 - ₹272.35, and closed at ₹248.45.
This is a -8.02% slip from the previous day's closing price.
A total volume of 2,058,487 shares were traded at the close of the day’s session.
In the last one week, shares of REC Limited have increased by +2.03%.
REC Limited's Key Ratios
REC Limited has a market cap of ₹647.02 billion, indicating a price to book ratio of 0.5538 and a price to sales ratio of 1.9155.
In the last 12-months REC Limited’s revenue was ₹159.58 billion with a gross profit of ₹155.73 billion and an EBITDA of ₹0. The EBITDA ratio measures REC Limited's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, REC Limited’s operating margin was 95.94% while its return on assets stood at 2.55% with a return of equity of 20.41%.
In Q2, REC Limited’s quarterly earnings growth was a positive 21% while revenue growth was a positive 17%.
REC Limited’s PE and PEG Ratio
- Forward PE
- 0
- Trailing PE
- 5.5563
- PEG
Its diluted EPS in the last 12-months stands at ₹42.96 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into REC Limited’s profitability.
REC Limited stock is trading at a EV to sales ratio of 14.0329 and a EV to EBITDA ratio of 10.4588. Its price to sales ratio in the trailing 12-months stood at 1.9155.
REC Limited stock pays annual dividends of ₹15.6 per share, indicating a yield of 6.36% and a payout ratio of 35.17%.
Balance sheet and cash flow metrics
- Total Assets
- ₹4,655.03 billion
- Total Liabilities
- ₹0
- Operating Cash Flow
- ₹0
- Capital Expenditure
- ₹0
- Dividend Payout Ratio
- 35.17%
REC Limited ended 2024 with ₹4,655.03 billion in total assets and ₹0 in total liabilities. Its intangible assets were valued at ₹4,655.03 billion while shareholder equity stood at ₹581.21 billion.
REC Limited ended 2024 with ₹0 in deferred long-term liabilities, ₹0 in other current liabilities, in common stock, ₹0 in retained earnings and ₹0 in goodwill. Its cash balance stood at ₹23.96 billion and cash and short-term investments were ₹0. The company’s total short-term debt was ₹0 while long-term debt stood at ₹0.
REC Limited’s total current assets stands at ₹0 while long-term investments were ₹365.74 billion and short-term investments were ₹0. Its net receivables were ₹0 compared to accounts payable of ₹416.80 million and inventory worth ₹0.
In 2024, REC Limited's operating cash flow was ₹0 while its capital expenditure stood at ₹0.
Comparatively, REC Limited paid ₹0.35 in dividends in 2024.
Other key metrics
- Current Trading Price
- ₹248.45
- 52-Week High
- ₹249.2
- 52-Week Low
- ₹80.9783
- Analyst Target Price
- ₹
REC Limited stock is currently trading at ₹248.45 per share. It touched a 52-week high of ₹249.2 and a 52-week low of ₹249.2. Analysts tracking the stock have a 12-month average target price of ₹.
Its 50-day moving average was ₹205.22 and 200-day moving average was ₹140.71 The short ratio stood at 0 indicating a short percent outstanding of 0%.
Around 5264.2% of the company’s stock are held by insiders while 2180.7% are held by institutions.
Frequently Asked Questions About REC Limited
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About
REC Limited, a public financial institution, provides financing services for power generation, transmission, and distribution projects in India. The company primarily offers long, medium, and short-terms loans; debt refinancing, equity financing, financing of equipment manufacturing (Em) for power sector and coal mines, policy for funding against regulatory assets, and revolving bill payment facility services. It also acts as a nodal agency for the implementation of Pradhan Mantri Sahaj Bijli Har Ghar Yojana, Deen Dayal Upadhyaya Gram Jyoti Yojana, and National Electricity Fund. 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; and provides implementation and consultancy services in power sector. It serves central/state government power utilities, as well as private sector power utilities. The company was formerly known as Rural Electrification Corporation Limited and changed its name to REC Limited in October 2018. REC Limited was incorporated in 1969 and is based in Gurugram, India. REC Limited operates as a subsidiary of Power Finance Corporation Limited.