REC Ltd

NSE: RECLTD BSE: 532955

₹309.25

-2.55 (0.82%)

Mon, 19 Oct 2026, 02:36 pm

MTF 5xInvest in REC Ltd with 5x Leverage Buy with MTF

Market Cap (in Cr)82182.93

PE Ratio5.08

Dividend5.94

Finance

Finance/Rental/Leasing

24.5K

REC Financials

Income Statement Balance Sheet Cashflow

Particulars	Mar 2006	Mar 2007	Mar 2008	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Total revenue	22.42B	28.41B	35.41B	48.89B	67.13B	84.18B	105.49B	136.35B	172.26B	205.49B	241.29B	243.58B	218.29B	242.80B	275.86B	352.63B	385.48B	386.92B	466.88B	562.45B
Gross profit	9.04B	11.32B	14.87B	20.08B	28.00B	35.71B	41.60B	54.61B	71.66B	89.34B	102.51B	104.65B	216.63B	241.46B	273.64B	342.52B	371.73B	368.16B	449.89B	537.19B
Operating expenses (excl. COGS)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling/general/admin expenses, total	-612.50M	-790.99M	-1.39B	-990.31M	-1.40B	-1.51B	-861.70M	-694.50M	-1.19B	-3.81B	-8.11B	-7.07B	-663.50M	-1.48B	-1.16B	-700.30M	-861.80M	-1.29B	-1.29B	-1.34B
Research & development	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Selling/general/admin expenses, other	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Other operating expenses, total	-104.50M	-284.75M	-232.60M	102.25M	217.50M	46.35M	-206.00M	-1.25B	-2.92B	-311.10M	-536.70M	-354.80M	279.60M	547.80M	-1.68B	-2.16B	-2.25B	-5.26B	4.18B	-3.61B
Operating income	21.69B	27.32B	33.79B	47.99B	65.92B	82.68B	102.58B	132.71B	166.52B	193.93B	224.29B	224.99B	193.34B	238.31B	261.94B	316.02B	334.27B	360.56B	466.45B	523.38B
Non-operating income, total	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense, net of interest capitalized	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest capitalized	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-operating income, excl. interest expenses	-24.55M	-223.68M	-99.62M	9.92M	-833.00K	772.32M	-533.20M	-801.40M	-40.10M	-2.56B	-142.82B	-135.31B	-515.00M	-1.07B	-2.61B	-1.73B	-1.74B	-2.06B	-2.56B	-2.93B
Non-operating interest income	0	0	0	0	—	—	—	—	—	—	—	—	0	0	0	0	0	0	0	0
Miscellaneous non-operating expense	-24.55M	-223.68M	-99.62M	9.92M	-833.00K	772.32M	-533.20M	-801.40M	-40.10M	-2.56B	-142.82B	-135.31B	-515.00M	-1.07B	-2.61B	-1.73B	-1.74B	-2.06B	-2.56B	-2.93B
Unusual income/expense	-6.64M	33.17M	-5.67M	3.87M	-1.06M	-32.81M	-1.80M	-7.60M	400.00K	-18.40M	-3.90M	43.80M	-93.90M	-103.40M	-345.80M	-826.10M	-352.80M	15.40M	364.10M	-1.20B
Pretax income	8.29B	10.06B	13.15B	19.21B	26.81B	34.99B	38.26B	51.86B	66.17B	75.52B	81.47B	89.72B	59.47B	80.80B	70.21B	107.82B	124.42B	138.98B	179.60B	201.17B
Taxes	-1.92B	-3.45B	-4.52B	-6.47B	-3.33B	-9.14B	-9.87B	-13.53B	-18.75B	-22.08B	-24.55B	-26.59B	-15.07B	-23.49B	-20.58B	-24.01B	-23.95B	-27.31B	-38.14B	-42.33B
Non-controlling/minority interest	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
After tax other income/expense	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-333.00M	-333.00M	-333.00M
Net income before discontinued operations	6.38B	6.60B	8.62B	12.74B	23.48B	25.85B	28.39B	38.33B	47.41B	53.44B	56.91B	63.13B	44.51B	57.41B	49.72B	83.78B	100.36B	111.34B	141.12B	158.51B
Net income	6.38B	6.60B	8.62B	12.74B	23.48B	25.85B	28.39B	38.33B	47.41B	53.44B	56.91B	63.13B	44.51B	57.41B	49.72B	83.78B	100.36B	111.34B	141.12B	158.51B
Dilution adjustment	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred dividends	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Diluted net income available to common stockholders	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic earnings per share (Basic EPS)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted earnings per share (Diluted EPS)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBITDA	8.33B	10.26B	13.26B	19.21B	26.83B	34.28B	40.57B	52.71B	67.60B	85.30B	94.05B	97.63B	216.31B	240.61B	270.91B	339.76B	368.80B	361.85B	453.02B	532.49B
EBIT	8.32B	10.25B	13.25B	19.19B	26.81B	34.25B	40.53B	52.67B	67.55B	85.22B	93.86B	97.23B	216.24B	240.53B	270.79B	339.66B	368.62B	361.61B	452.78B	532.24B
Total operating expenses	-727.98M	-1.09B	-1.62B	-901.76M	-1.21B	-1.49B	-2.92B	-3.64B	-5.74B	-11.56B	-17.00B	-18.59B	-24.95B	-4.50B	-13.92B	-36.61B	-51.20B	-26.36B	-429.70M	-39.07B
Prepaid expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income, current	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital and operating lease obligations	0	0	0	—	0	0	0	0	0	0	0	1.10M	1.10M	1.10M	500.00K	300.00K	300.00K	200.00K	0	0
Operating lease liabilities	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred tax liabilities	27.36M	7.40B	8.17B	9.57B	41.02M	44.81M	46.40M	56.00M	1.86B	1.20B	641.50M	710.50M	1.60B	6.84B	7.00B	3.46B	4.08B	5.42B	5.19B	4.14B
Deferred income, non-current	0	0	0	0	0	0	101.00M	78.10M	95.10M	71.00M	215.00M	0	98.00M	188.30M	461.50M	686.40M	287.20M	124.50M	47.24B	106.55B
Minority interest	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change in accrued expenses	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Common dividends paid	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred dividends paid	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

REC Financials

Particulars	Mar 2006	Mar 2007	Mar 2008	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Total revenue	22.42B	28.41B	35.41B	48.89B	67.13B	84.18B	105.49B	136.35B	172.26B	205.49B	241.29B	243.58B	218.29B	242.80B	275.86B	352.63B	385.48B	386.92B	466.88B	562.45B
Gross profit	9.04B	11.32B	14.87B	20.08B	28.00B	35.71B	41.60B	54.61B	71.66B	89.34B	102.51B	104.65B	216.63B	241.46B	273.64B	342.52B	371.73B	368.16B	449.89B	537.19B
Operating expenses (excl. COGS)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling/general/admin expenses, total	-612.50M	-790.99M	-1.39B	-990.31M	-1.40B	-1.51B	-861.70M	-694.50M	-1.19B	-3.81B	-8.11B	-7.07B	-663.50M	-1.48B	-1.16B	-700.30M	-861.80M	-1.29B	-1.29B	-1.34B
Research & development	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Selling/general/admin expenses, other	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Other operating expenses, total	-104.50M	-284.75M	-232.60M	102.25M	217.50M	46.35M	-206.00M	-1.25B	-2.92B	-311.10M	-536.70M	-354.80M	279.60M	547.80M	-1.68B	-2.16B	-2.25B	-5.26B	4.18B	-3.61B
Operating income	21.69B	27.32B	33.79B	47.99B	65.92B	82.68B	102.58B	132.71B	166.52B	193.93B	224.29B	224.99B	193.34B	238.31B	261.94B	316.02B	334.27B	360.56B	466.45B	523.38B
Non-operating income, total	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense, net of interest capitalized	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest capitalized	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-operating income, excl. interest expenses	-24.55M	-223.68M	-99.62M	9.92M	-833.00K	772.32M	-533.20M	-801.40M	-40.10M	-2.56B	-142.82B	-135.31B	-515.00M	-1.07B	-2.61B	-1.73B	-1.74B	-2.06B	-2.56B	-2.93B
Non-operating interest income	0	0	0	0	—	—	—	—	—	—	—	—	0	0	0	0	0	0	0	0
Miscellaneous non-operating expense	-24.55M	-223.68M	-99.62M	9.92M	-833.00K	772.32M	-533.20M	-801.40M	-40.10M	-2.56B	-142.82B	-135.31B	-515.00M	-1.07B	-2.61B	-1.73B	-1.74B	-2.06B	-2.56B	-2.93B
Unusual income/expense	-6.64M	33.17M	-5.67M	3.87M	-1.06M	-32.81M	-1.80M	-7.60M	400.00K	-18.40M	-3.90M	43.80M	-93.90M	-103.40M	-345.80M	-826.10M	-352.80M	15.40M	364.10M	-1.20B
Pretax income	8.29B	10.06B	13.15B	19.21B	26.81B	34.99B	38.26B	51.86B	66.17B	75.52B	81.47B	89.72B	59.47B	80.80B	70.21B	107.82B	124.42B	138.98B	179.60B	201.17B
Taxes	-1.92B	-3.45B	-4.52B	-6.47B	-3.33B	-9.14B	-9.87B	-13.53B	-18.75B	-22.08B	-24.55B	-26.59B	-15.07B	-23.49B	-20.58B	-24.01B	-23.95B	-27.31B	-38.14B	-42.33B
Non-controlling/minority interest	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
After tax other income/expense	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-333.00M	-333.00M	-333.00M
Net income before discontinued operations	6.38B	6.60B	8.62B	12.74B	23.48B	25.85B	28.39B	38.33B	47.41B	53.44B	56.91B	63.13B	44.51B	57.41B	49.72B	83.78B	100.36B	111.34B	141.12B	158.51B
Net income	6.38B	6.60B	8.62B	12.74B	23.48B	25.85B	28.39B	38.33B	47.41B	53.44B	56.91B	63.13B	44.51B	57.41B	49.72B	83.78B	100.36B	111.34B	141.12B	158.51B
Dilution adjustment	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred dividends	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Diluted net income available to common stockholders	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic earnings per share (Basic EPS)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted earnings per share (Diluted EPS)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBITDA	8.33B	10.26B	13.26B	19.21B	26.83B	34.28B	40.57B	52.71B	67.60B	85.30B	94.05B	97.63B	216.31B	240.61B	270.91B	339.76B	368.80B	361.85B	453.02B	532.49B
EBIT	8.32B	10.25B	13.25B	19.19B	26.81B	34.25B	40.53B	52.67B	67.55B	85.22B	93.86B	97.23B	216.24B	240.53B	270.79B	339.66B	368.62B	361.61B	452.78B	532.24B
Total operating expenses	-727.98M	-1.09B	-1.62B	-901.76M	-1.21B	-1.49B	-2.92B	-3.64B	-5.74B	-11.56B	-17.00B	-18.59B	-24.95B	-4.50B	-13.92B	-36.61B	-51.20B	-26.36B	-429.70M	-39.07B
Prepaid expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income, current	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital and operating lease obligations	0	0	0	—	0	0	0	0	0	0	0	1.10M	1.10M	1.10M	500.00K	300.00K	300.00K	200.00K	0	0
Operating lease liabilities	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred tax liabilities	27.36M	7.40B	8.17B	9.57B	41.02M	44.81M	46.40M	56.00M	1.86B	1.20B	641.50M	710.50M	1.60B	6.84B	7.00B	3.46B	4.08B	5.42B	5.19B	4.14B
Deferred income, non-current	0	0	0	0	0	0	101.00M	78.10M	95.10M	71.00M	215.00M	0	98.00M	188.30M	461.50M	686.40M	287.20M	124.50M	47.24B	106.55B
Minority interest	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change in accrued expenses	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Common dividends paid	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred dividends paid	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-