Is REC Limited (RECLTD) overvalued or fairly valued?

MarketChacha shows REC Limited's valuation in context — a forward P/E of about 4.5, a price-to-book of about 1.0 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

What is REC Limited's revenue?

REC Limited reported revenue of ₹22,946 Cr for FY2026, with net profit of ₹16,308 Cr, per official filings.

What is the share price of REC Limited (RECLTD)?

REC Limited last traded at ₹318.70 (+0.7% on the day), as of 9/4/2026 — a delayed quote shown for education, not investment advice.

REC Limited

RECLTD · NSE · NBFC/PSU · India

Snapshot

TickerRECLTD

ExchangeNSE

SectorNBFC/PSU

IndustryCredit Services

CountryIndia

Employees590

HeadquartersGurugram, India

Websitewww.recindia.nic.in

Filings tracked0

About REC Limited

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.

Who owns it

Promoters52.6%
Institutions24.0%
Public & other23.3%

204 institutional holders

Ownership breakdown from public market data. Promoter pledge is not included here — that comes from exchange shareholding filings.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Net margin trend71.3% → 71.1%

Margin has held broadly steady over the period — stable profitability.

Growth qualityrev 14% · PAT 14%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (Yahoo Finance). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev ₹5,792 Cr · EPS 14.69

Est. earnings growth -4.3%

Next fiscal year

Rev ₹26,186 Cr · EPS 70.91

Est. earnings growth +9.2%

Analyst consensus estimates — not the company's own guidance.

New to these terms?

P/E ROE ROCE Margins Market cap

Browse the Learn hub →

Financials at a glance

Source: Yahoo Finance

Annual

Quarterly · last 5

Revenue (FY2026)

₹22,946 Cr

Net margin

71.1%

Revenue CAGR (3y)

+13.9%

Profit CAGR (3y)

+13.8%

Net profit (FY2026)

₹16,308 Cr

Ask MarketChacha about RECLTD

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Financials

Yearly

Period	Revenue	Net profit	Net margin
FY2026	₹22,946 Cr	₹16,308 Cr	71.1%
FY2025	₹21,483 Cr	₹15,884 Cr	73.9%
FY2024	₹17,265 Cr	₹14,019 Cr	81.2%
FY2023	₹15,515 Cr	₹11,055 Cr	71.3%

Quarterly

Period	Revenue	Net profit	Net margin
Q1 FY27	₹5,583 Cr	₹4,149 Cr	74.3%
Q4 FY26	₹5,475 Cr	₹3,362 Cr	61.4%
Q3 FY26	₹5,710 Cr	₹4,043 Cr	70.8%
Q2 FY26	₹5,963 Cr	₹4,426 Cr	74.2%
Q1 FY26	₹5,799 Cr	₹4,451 Cr	76.8%

Figures as reported, in ₹ (crore). Source: Yahoo Finance.

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.