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REC Limited Share Price

Live price, chart and which mutual funds hold this stock

TopFund Score: 68/100 · Good See breakdown ↓
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as of —

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Day Open

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Day High

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Day Low

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NSE Close — 25 Sep 2026

₹312.95

Change

+4.7 (1.52%)

Open

₹309.2

Prev. Close

₹308.25

Day High

₹312.95

Day Low

₹307.25

Volume Analysis

Traded

3,896,789

Delivered

2,218,461

Delivery %

56.93%

End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.

Strengths, Weaknesses, Opportunities & Threats

Strengths (1)

  • •Strong return on equity (20.1%)

Weaknesses (2)

  • •Trading within 3% of its 52-week low (₹304.0)
  • •High debt-to-equity ratio (6.1)

Opportunities (0)

No signal for this stock

Threats (1)

  • •FII holding has been falling

Rule-based signals from the fundamentals below — not investment advice.

Pivot Levels

Type R3 R2 R1 Pivot S1 S2 S3
Classic ₹320.55 ₹316.75 ₹314.85 ₹311.05 ₹309.15 ₹305.35 ₹303.45
Fibonacci ₹316.75 ₹314.57 ₹313.23 ₹311.05 ₹308.87 ₹307.53 ₹305.35
Camarilla ₹314.52 ₹314.0 ₹313.47 ₹311.05 ₹312.43 ₹311.91 ₹311.38

Support/resistance levels for today, calculated from the previous trading day's high/low/close.

Absolute Returns

YTD

-14.89%

1 Week

+0.89%

1 Month

-1.22%

3 Months

-13.98%

6 Months

-2.84%

1 Year

-14.82%

2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.

Stock Vitals

Computed from the latest available annual financials.

Graham Number

₹668.8

Current price is at or below the Graham Number — Benjamin Graham's estimate of fair value based on earnings and book value.

Company Overview

Sector

Financial Services

Market Cap

₹82,407 Cr

P/E (TTM)

5.13

ROE

20.1%

Book Value

₹321.0

Face Value

₹10.0

Source: Screener.in (Consolidated figures) — data as of 26 Sep 2026. Not investment advice.

TopFund Analysis

REC Limited holds up reasonably well on TopFund's composite fundamentals check within the Financial Services sector, at 68/100. The strongest factor is Cash Flow (100/100), while Momentum (10/100) is the weakest area to weigh before deciding. Notably: Strong return on equity (20.1%); trading within 3% of its 52-week low (₹304.0); high debt-to-equity ratio (6.1). FII holding has been falling.

TopFund Score — Fundamentals Quality

68/100 — Good

Data confidence: 73/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.

As of 27 Sep 2026 · How we calculate this →

Growth

69

Valuation

87

Cash Flow

100

Corporate Governance

90

Momentum

10

Institutional Ownership

55

Business Quality

59

Risk & Volatility

63

Liquidity

87

From Screener.in

  • +Stock is trading at 0.98 times its book value
  • +Stock is providing a good dividend yield of 5.93%.
  • +Company has been maintaining a healthy dividend payout of 29.9%
  • −Company has low interest coverage ratio.
  • −The company has delivered a poor sales growth of 10.9% over past five years.
  • −Company might be capitalizing the interest cost

Not investment advice — an automated read of public fundamentals data, for research context only.

Corporate Actions

Intimation Of Sale And Transfer Of Project Specific SPV/Subsidiary. 26 Sep 26 Sep
Intimation Of Sale And Transfer Of Project Specific Spvs/Subsidiaries. 23 Sep

REC sold two subsidiaries on September 23, 2026: Barmer HVDC and Sakoli Power Transmission.

Announcement under Regulation 30 (LODR)-Change in Directorate 22 Sep

Independent Directors Anil Kumar Gupta and Kanchiappan Ghayatbri Devi ceased on Sept 22, 2026 after three-month tenure.

Announcement under Regulation 30 (LODR)-Change in Management 10 Sep

REC appoints Ms. Isha Duhan, IAS, as Executive Director from September 10, 2026.

Intimation Of Sale And Transfer Of Project Specific SPV/Subsidiary. 09 Sep

REC sold Musalgaon Power Transmission Limited to Maharashtra State Electricity Transmission Company for Rs 11.21 crore on Sept. 9, 2026.

Source: BSE regulatory filings, via Screener.in.

Quarterly Results

Last several quarters

  Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Revenue + 11,104 11,688 12,052 12,677 13,079 13,682 14,272 15,334 14,737 15,153 15,051 14,564 14,435
Expenses + 332 -492 240 -425 717 97 263 1,084 217 476 655 1,231 447
Financing Profit 3,723 4,831 4,158 5,206 4,341 5,079 5,172 5,482 5,587 5,546 5,154 4,402 5,241
Financing Margin % 34.0% 41.0% 34.0% 41.0% 33.0% 37.0% 36.0% 36.0% 38.0% 37.0% 34.0% 30.0% 36.0%
Other Income + 4 13 20 29 14 24 15 15 87 10 -11 20 35
Interest 7,049 7,350 7,654 7,896 8,020 8,506 8,837 8,768 8,934 9,131 9,243 8,931 8,748
Depreciation 6 6 6 6 6 6 6 6 7 7 7 7 7
Profit before tax 3,721 4,838 4,172 5,229 4,349 5,097 5,181 5,490 5,666 5,549 5,136 4,415 5,268
Tax % 20.0% 22.0% 21.0% 22.0% 20.0% 21.0% 21.0% 21.0% 21.0% 20.0% 21.0% 24.0% 20.0%
Net Profit + 2,968 3,790 3,308 4,079 3,460 4,038 4,076 4,310 4,466 4,415 4,052 3,375 4,193
EPS in Rs 11 14 13 15 13 15 15 16 17 17 15 13 16
Raw PDF — — — — — — — — — — — — —
Net NPA % — — — — — — — — — — — — —
Gross NPA % — — — — — — — — — — — — —

Source: Screener.in — figures in ₹ Crores unless marked %.

Profit & Loss (Yearly)

  Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
Revenue + 20,544 24,125 24,338 22,658 25,408 29,942 35,557 39,276 39,486 47,517 56,369 59,586 59,202
Expenses + 1,149 1,680 1,888 3,379 1,702 3,981 3,292 4,838 1,858 -366 2,153 2,568 2,809
Financing Profit 7,555 8,162 8,988 5,946 8,066 6,969 10,776 12,387 13,894 17,936 20,084 20,780 20,342
Financing Margin % 37.0% 34.0% 37.0% 26.0% 32.0% 23.0% 30.0% 32.0% 35.0% 38.0% 36.0% 35.0% 34.0%
Other Income + 6 4 24 18 33 72 15 62 28 48 58 13 53
Interest 11,840 14,282 13,462 13,333 15,639 18,991 21,489 22,051 23,733 29,948 34,131 36,238 36,051
Depreciation 8 20 40 7 8 12 11 18 24 24 25 27 27
Profit before tax 7,552 8,147 8,972 5,958 8,090 7,030 10,780 12,431 13,898 17,960 20,117 20,766 20,368
Tax % 29.0% 30.0% 30.0% 25.0% 29.0% 29.0% 22.0% 19.0% 20.0% 21.0% 21.0% 21.0% —
Net Profit + 5,344 5,691 6,313 4,451 5,741 4,972 8,378 10,036 11,167 14,145 15,884 16,308 16,035
EPS in Rs 20 22 24 17 22 19 32 38 42 54 60 62 61
Dividend Payout % 20.0% 30.0% 30.0% 41.0% 38.0% 44.0% 30.0% 30.0% 30.0% 30.0% 30.0% 30.0% —

Source: Screener.in — figures in ₹ Crores unless marked %.

Balance Sheet

  Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Reserves 24,085 27,906 31,696 30,613 32,571 33,422 41,789 49,339 55,487 66,717 75,184 81,863
Other Liabilities + 7,404 8,840 8,723 5,416 19,659 25,345 27,380 26,503 26,592 33,273 39,883 40,378
Total Liabilities 183,456 206,945 210,245 242,370 298,454 347,030 400,867 410,860 465,503 548,191 614,502 640,158
Fixed Assets + 110 254 355 132 165 166 267 628 641 632 629 616
CWIP 10 78 166 129 199 288 336 6 3 24 76 128
Investments 1,596 2,352 2,617 2,948 2,463 2,386 1,981 2,190 3,170 5,352 6,674 9,831
Other Assets + 181,740 204,261 207,108 239,162 295,627 344,190 398,282 408,035 461,689 542,184 607,123 629,583
Total Assets 183,456 206,945 210,245 242,370 298,454 347,030 400,867 410,860 465,503 548,191 614,502 640,158
Borrowing 150,979 169,212 167,852 204,367 244,249 286,289 329,723 333,043 380,790 445,568 496,801 515,284
Equity Capital 987 987 1,975 1,975 1,975 1,975 1,975 1,975 2,633 2,633 2,633 2,633

Source: Screener.in — figures in ₹ Crores unless marked %.

Cash Flow

  Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Cash from Operating Activity + -23,898 -13,278 6,805 -32,510 -35,866 -32,712 -43,512 -3,910 -37,360 -57,723 -39,064 5,972
Cash from Investing Activity + 151 -756 -101 46 457 121 861 -287 -943 -1,831 -1,302 -3,308
Cash from Financing Activity + 23,098 15,291 -3,947 28,244 35,543 33,926 42,113 3,159 38,123 59,588 40,034 -2,375
Net Cash Flow -649 1,257 2,757 -4,220 134 1,336 -538 -1,038 -180 34 -333 289
CFO/OP -111 -48 42 -157 -143 -119 -126 -2 -92 -114 -64 17
Free Cash Flow -23,943 -13,537 6,601 -32,584 -35,957 -32,812 -43,586 -3,958 -37,377 -57,756 -39,070 5,948

Source: Screener.in — figures in ₹ Crores unless marked %.

Shareholding Pattern

Quarter-by-quarter — Promoters, FII, DII & public holding trend

Promoter holding: 52.63% → 52.63%
  Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Public 12.87% 12.55% 11.96% 12.21% 11.84% 11.67% 12.05% 12.65% 13.48% 14.64% 15.17% 14.57%
Promoters 52.63% 52.63% 52.63% 52.63% 52.63% 52.63% 52.63% 52.63% 52.63% 52.63% 52.63% 52.63%
Government 0.04% 0.04% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05%
FII 20.36% 20.6% 19.91% 20.43% 21.22% 21.74% 20.48% 19.16% 17.97% 16.46% 15.79% 15.76%
DII 14.1% 14.16% 15.44% 14.68% 14.25% 13.91% 14.79% 15.51% 15.86% 16.21% 16.36% 16.98%

Source: Screener.in — quarterly shareholding disclosures.

Peers Comparison

Financial Services — ranked by market cap

Company Market Cap (Cr) P/E P/B ROE
REC Limited (this stock) 82,407 5.13 0.98 20.1%
Federal Bank Ltd 80,730 17.2 2.01 11.6%
Multi Commodity Exchange 84,782 55.0 29.69 56.3%
IDBI Bank Limited 88,825 9.53 1.29 14.1%
Au Small Finance Bank Ltd 75,808 223.0 — 22.3%
Nippon L I A M Ltd 74,053 45.2 15.85 34.5%
Yes Bank Limited 72,915 19.3 1.39 7.1%

Which Mutual Funds Hold REC Limited?

Frequently Asked Questions about REC Limited

Community Sentiment

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