REC Ltd

NSE: RECLTD BSE: 532955

₹309.25

-2.55 (0.82%)

Mon, 19 Oct 2026, 07:09 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 Balance Sheet

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
Interest expense on debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pretax equity in earnings	0	0	0	0	0	0	0	0	0	0	0	0	0	—	—	—	—	0	0	0
Equity in earnings	0	0	0	0	0	0	0	0	0	0	0	0	106.70M	99.50M	91.40M	-19.70M	-118.10M	0	0	0
Total assets	299.32B	362.03B	429.17B	559.62B	713.50B	892.53B	1.11T	1.33T	1.57T	1.89T	2.13T	2.13T	2.43T	2.99T	3.48T	4.01T	4.11T	4.66T	5.49T	6.15T
Total current assets	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash and short term investments	19.14B	22.97B	12.56B	18.88B	13.94B	28.67B	54.23B	15.77B	12.82B	10.85B	20.13B	48.36B	21.95B	21.15B	17.18B	11.79B	1.41B	487.00M	29.62B	23.43B
Cash & equivalents	6.81B	1.79B	8.75B	3.29B	6.76B	13.12B	53.75B	4.07B	6.28B	4.39B	10.49B	46.15B	19.36B	20.96B	17.18B	11.79B	1.41B	487.00M	27.71B	19.69B
Short term investments	12.33B	21.18B	3.80B	15.59B	7.19B	15.54B	472.60M	11.70B	6.53B	6.46B	9.64B	2.21B	2.59B	185.80M	0	0	0	0	1.91B	3.74B
Total receivables, net	49.29M	82.09M	162.77M	186.46M	6.73B	804.07M	9.92B	8.91B	12.73B	157.34B	17.83B	19.84B	43.62B	184.85B	222.09B	245.59B	245.09B	245.30B	245.97B	248.38B
Accounts receivable - trade, net	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other receivables	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total inventory	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other current assets, total	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total non-current assets	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long term investments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Note receivable - long term	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investments in unconsolidated subsidiaries	—	500.00K	0	0	6.25M	6.25M	0	0	0	0	0	0	1.73B	1.80B	2.58B	2.58B	0	0	0	0
Other investments	266.51B	332.94B	404.64B	523.86B	673.62B	829.44B	6.89B	5.99B	16.51B	11.61B	24.66B	28.20B	34.66B	40.86B	77.03B	62.58B	102.20B	144.99B	178.35B	241.06B
Net property/plant/equipment	643.82M	636.07M	780.91M	832.31M	907.49M	852.88M	765.20M	1.01B	1.01B	1.18B	3.79B	5.58B	3.00B	3.89B	4.95B	6.05B	6.38B	6.49B	6.55B	7.02B
Gross property/plant/equipment	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred tax assets	181.58M	—	—	—	—	172.42M	146.60M	152.50M	131.60M	144.50M	166.10M	311.30M	30.03B	29.90B	27.51B	28.07B	35.68B	38.50B	30.20B	32.82B
Net intangible assets	94.00K	224.00K	156.00K	256.00K	39.44M	30.84M	23.40M	37.80M	24.50M	14.70M	22.40M	22.00M	66.20M	101.40M	95.90M	69.20M	42.80M	16.30M	5.20M	18.40M
Goodwill, net	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other intangibles, net	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other long term assets, total	3.05B	3.10B	11.03B	4.55B	0	5.31B	19.75B	24.41B	1.04B	302.30M	1.26B	351.80M	1.33B	4.20B	4.90B	2.60B	2.43B	3.47B	4.05B	5.07B
Short term debt	34.99B	15.27B	54.09B	58.50B	101.11B	91.74B	135.04B	168.36B	160.78B	198.56B	304.28B	181.71B	54.28B	110.87B	681.25B	728.65B	524.65B	830.14B	916.33B	854.78B
Current portion of LT debt and capital leases	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Short term debt excl. current portion of LT debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income tax payable	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long term debt	205.44B	287.55B	288.75B	390.87B	459.33B	609.65B	765.54B	909.25B	1.10T	1.31T	1.39T	1.50T	1.99T	2.33T	2.18T	2.57T	2.81T	2.98T	3.54T	4.11T
Long term debt excl. lease liabilities	205.44B	287.55B	288.75B	390.87B	459.33B	609.65B	765.54B	909.25B	1.10T	1.31T	1.39T	1.50T	1.99T	2.33T	2.18T	2.57T	2.81T	2.98T	3.54T	4.11T
Total equity	41.98B	40.13B	53.69B	61.93B	111.04B	128.27B	146.24B	175.30B	208.03B	250.73B	288.93B	336.71B	325.88B	345.46B	353.96B	437.64B	513.14B	575.62B	687.92B	778.18B
Shareholders' equity	41.98B	40.13B	53.69B	61.93B	111.04B	128.27B	146.24B	175.30B	208.03B	250.73B	288.93B	336.71B	325.88B	345.46B	353.96B	437.64B	513.14B	575.62B	687.92B	778.18B
Common equity, total	41.98B	40.13B	53.69B	61.93B	111.04B	128.27B	146.24B	175.30B	208.03B	250.73B	288.93B	336.71B	325.88B	345.46B	353.96B	437.64B	513.14B	575.62B	687.92B	778.18B
Other common equity	34.18B	32.32B	37.91B	46.12B	68.95B	86.18B	81.22B	97.48B	116.31B	145.27B	177.50B	204.57B	219.10B	239.29B	275.11B	349.46B	399.17B	430.38B	507.08B	575.40B
Total debt	240.42B	302.82B	342.84B	449.37B	560.44B	701.39B	900.58B	1.08T	1.26T	1.51T	1.69T	1.68T	2.04T	2.44T	2.86T	3.30T	3.33T	3.81T	4.46T	4.97T
Net debt	—	—	330.28B	—	—	—	846.36B	1.06T	1.25T	1.50T	1.67T	1.63T	2.02T	2.42T	2.85T	3.29T	3.33T	3.81T	4.43T	4.94T
Change in accounts receivable	-36.40B	-67.95B	-72.65B	-121.14B	15.56B	-156.10B	—	—	—	—	—	—	-374.75B	-417.60B	—	—	—	—	—	—
Change in taxes payable	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	—	—	—	—	—	—	—	—	—	—	—	0	0	—	—	—	—	—	—	—
Change in other assets/liabilities	-841.06M	1.35B	4.53B	6.82B	-162.53B	4.19B	—	—	—	—	—	-8.14B	-9.64B	8.54B	-348.00M	21.49B	-42.54B	8.08B	53.64B	62.16B
Sale of fixed assets & businesses	50.00K	1.66M	161.00K	1.34M	910.00K	318.00K	1.70M	500.00K	2.60M	1.80M	8.50M	1.10M	1.50M	1.00M	1.10M	3.50M	1.00M	46.20M	17.20M	60.70M
Purchase/sale of investments, net	-25.97M	-99.56M	477.61M	1.10M	960.80M	975.80M	791.20M	943.20M	891.30M	438.70M	-6.15B	-2.07B	-1.16B	3.82B	-329.70M	9.56B	-2.66B	-9.30B	-17.99B	-12.22B
Sale/maturity of investments	0	56.25M	509.59M	1.10M	967.05M	975.80M	952.20M	945.20M	943.20M	1.19B	9.12B	2.68B	956.80M	4.89B	569.40M	18.32B	8.20M	—	—	—
Purchase of investments	-25.97M	-155.81M	-31.98M	0	-6.25M	0	-161.00M	-2.00M	-51.90M	-748.30M	-15.28B	-4.75B	-2.12B	-1.07B	-899.10M	-8.76B	-2.66B	-9.30B	-17.99B	-12.22B
Other investing cash flow items, total	943.20M	1.41B	0	1.41B	0	0	117.50M	188.50M	0	0	0	0	0	0	0	0	312.40M	0	0	0
Issuance/retirement of debt, net	46.61B	62.42B	39.92B	106.65B	110.12B	141.40B	219.66B	8.38B	173.91B	244.67B	217.33B	63.51B	306.19B	385.84B	365.45B	437.29B	55.70B	412.88B	624.89B	456.87B
Issuance/retirement of long term debt	46.61B	53.70B	39.92B	93.70B	98.57B	165.90B	—	—	—	272.13B	164.87B	0	0	—	—	—	—	—	—	—
Issuance/retirement of short term debt	0	8.72B	—	12.95B	11.55B	-24.50B	—	8.47B	12.81B	-27.46B	52.47B	-58.33B	30.15B	41.43B	-52.70B	-29.25B	-147.60M	0	-1.36B	0
Issuance/retirement of other debt	—	—	0	—	—	—	219.66B	-95.00M	161.10B	—	—	121.84B	276.04B	344.41B	418.16B	466.54B	55.85B	412.88B	626.25B	456.87B
Total cash dividends paid	-2.67B	-1.01B	-1.77B	-4.29B	-4.72B	-6.91B	-10.33B	-10.62B	-10.69B	-11.50B	-17.47B	-22.74B	-23.75B	-30.41B	-26.18B	-21.72B	-24.11B	-31.20B	-28.57B	-56.09B
Other financing cash flow items, total	1.08B	-219.31M	5.13B	2.59B	-10.64B	7.01B	-27.67B	-3.34B	4.93B	-2.19B	-46.91B	-80.40B	0	0	0	5.57B	0	-445.00M	-445.00M	-445.00M

REC Balance Sheet

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
Interest expense on debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pretax equity in earnings	0	0	0	0	0	0	0	0	0	0	0	0	0	—	—	—	—	0	0	0
Equity in earnings	0	0	0	0	0	0	0	0	0	0	0	0	106.70M	99.50M	91.40M	-19.70M	-118.10M	0	0	0
Total assets	299.32B	362.03B	429.17B	559.62B	713.50B	892.53B	1.11T	1.33T	1.57T	1.89T	2.13T	2.13T	2.43T	2.99T	3.48T	4.01T	4.11T	4.66T	5.49T	6.15T
Total current assets	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash and short term investments	19.14B	22.97B	12.56B	18.88B	13.94B	28.67B	54.23B	15.77B	12.82B	10.85B	20.13B	48.36B	21.95B	21.15B	17.18B	11.79B	1.41B	487.00M	29.62B	23.43B
Cash & equivalents	6.81B	1.79B	8.75B	3.29B	6.76B	13.12B	53.75B	4.07B	6.28B	4.39B	10.49B	46.15B	19.36B	20.96B	17.18B	11.79B	1.41B	487.00M	27.71B	19.69B
Short term investments	12.33B	21.18B	3.80B	15.59B	7.19B	15.54B	472.60M	11.70B	6.53B	6.46B	9.64B	2.21B	2.59B	185.80M	0	0	0	0	1.91B	3.74B
Total receivables, net	49.29M	82.09M	162.77M	186.46M	6.73B	804.07M	9.92B	8.91B	12.73B	157.34B	17.83B	19.84B	43.62B	184.85B	222.09B	245.59B	245.09B	245.30B	245.97B	248.38B
Accounts receivable - trade, net	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other receivables	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total inventory	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other current assets, total	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total non-current assets	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long term investments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Note receivable - long term	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investments in unconsolidated subsidiaries	—	500.00K	0	0	6.25M	6.25M	0	0	0	0	0	0	1.73B	1.80B	2.58B	2.58B	0	0	0	0
Other investments	266.51B	332.94B	404.64B	523.86B	673.62B	829.44B	6.89B	5.99B	16.51B	11.61B	24.66B	28.20B	34.66B	40.86B	77.03B	62.58B	102.20B	144.99B	178.35B	241.06B
Net property/plant/equipment	643.82M	636.07M	780.91M	832.31M	907.49M	852.88M	765.20M	1.01B	1.01B	1.18B	3.79B	5.58B	3.00B	3.89B	4.95B	6.05B	6.38B	6.49B	6.55B	7.02B
Gross property/plant/equipment	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred tax assets	181.58M	—	—	—	—	172.42M	146.60M	152.50M	131.60M	144.50M	166.10M	311.30M	30.03B	29.90B	27.51B	28.07B	35.68B	38.50B	30.20B	32.82B
Net intangible assets	94.00K	224.00K	156.00K	256.00K	39.44M	30.84M	23.40M	37.80M	24.50M	14.70M	22.40M	22.00M	66.20M	101.40M	95.90M	69.20M	42.80M	16.30M	5.20M	18.40M
Goodwill, net	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other intangibles, net	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other long term assets, total	3.05B	3.10B	11.03B	4.55B	0	5.31B	19.75B	24.41B	1.04B	302.30M	1.26B	351.80M	1.33B	4.20B	4.90B	2.60B	2.43B	3.47B	4.05B	5.07B
Short term debt	34.99B	15.27B	54.09B	58.50B	101.11B	91.74B	135.04B	168.36B	160.78B	198.56B	304.28B	181.71B	54.28B	110.87B	681.25B	728.65B	524.65B	830.14B	916.33B	854.78B
Current portion of LT debt and capital leases	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Short term debt excl. current portion of LT debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income tax payable	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long term debt	205.44B	287.55B	288.75B	390.87B	459.33B	609.65B	765.54B	909.25B	1.10T	1.31T	1.39T	1.50T	1.99T	2.33T	2.18T	2.57T	2.81T	2.98T	3.54T	4.11T
Long term debt excl. lease liabilities	205.44B	287.55B	288.75B	390.87B	459.33B	609.65B	765.54B	909.25B	1.10T	1.31T	1.39T	1.50T	1.99T	2.33T	2.18T	2.57T	2.81T	2.98T	3.54T	4.11T
Total equity	41.98B	40.13B	53.69B	61.93B	111.04B	128.27B	146.24B	175.30B	208.03B	250.73B	288.93B	336.71B	325.88B	345.46B	353.96B	437.64B	513.14B	575.62B	687.92B	778.18B
Shareholders' equity	41.98B	40.13B	53.69B	61.93B	111.04B	128.27B	146.24B	175.30B	208.03B	250.73B	288.93B	336.71B	325.88B	345.46B	353.96B	437.64B	513.14B	575.62B	687.92B	778.18B
Common equity, total	41.98B	40.13B	53.69B	61.93B	111.04B	128.27B	146.24B	175.30B	208.03B	250.73B	288.93B	336.71B	325.88B	345.46B	353.96B	437.64B	513.14B	575.62B	687.92B	778.18B
Other common equity	34.18B	32.32B	37.91B	46.12B	68.95B	86.18B	81.22B	97.48B	116.31B	145.27B	177.50B	204.57B	219.10B	239.29B	275.11B	349.46B	399.17B	430.38B	507.08B	575.40B
Total debt	240.42B	302.82B	342.84B	449.37B	560.44B	701.39B	900.58B	1.08T	1.26T	1.51T	1.69T	1.68T	2.04T	2.44T	2.86T	3.30T	3.33T	3.81T	4.46T	4.97T
Net debt	—	—	330.28B	—	—	—	846.36B	1.06T	1.25T	1.50T	1.67T	1.63T	2.02T	2.42T	2.85T	3.29T	3.33T	3.81T	4.43T	4.94T
Change in accounts receivable	-36.40B	-67.95B	-72.65B	-121.14B	15.56B	-156.10B	—	—	—	—	—	—	-374.75B	-417.60B	—	—	—	—	—	—
Change in taxes payable	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	—	—	—	—	—	—	—	—	—	—	—	0	0	—	—	—	—	—	—	—
Change in other assets/liabilities	-841.06M	1.35B	4.53B	6.82B	-162.53B	4.19B	—	—	—	—	—	-8.14B	-9.64B	8.54B	-348.00M	21.49B	-42.54B	8.08B	53.64B	62.16B
Sale of fixed assets & businesses	50.00K	1.66M	161.00K	1.34M	910.00K	318.00K	1.70M	500.00K	2.60M	1.80M	8.50M	1.10M	1.50M	1.00M	1.10M	3.50M	1.00M	46.20M	17.20M	60.70M
Purchase/sale of investments, net	-25.97M	-99.56M	477.61M	1.10M	960.80M	975.80M	791.20M	943.20M	891.30M	438.70M	-6.15B	-2.07B	-1.16B	3.82B	-329.70M	9.56B	-2.66B	-9.30B	-17.99B	-12.22B
Sale/maturity of investments	0	56.25M	509.59M	1.10M	967.05M	975.80M	952.20M	945.20M	943.20M	1.19B	9.12B	2.68B	956.80M	4.89B	569.40M	18.32B	8.20M	—	—	—
Purchase of investments	-25.97M	-155.81M	-31.98M	0	-6.25M	0	-161.00M	-2.00M	-51.90M	-748.30M	-15.28B	-4.75B	-2.12B	-1.07B	-899.10M	-8.76B	-2.66B	-9.30B	-17.99B	-12.22B
Other investing cash flow items, total	943.20M	1.41B	0	1.41B	0	0	117.50M	188.50M	0	0	0	0	0	0	0	0	312.40M	0	0	0
Issuance/retirement of debt, net	46.61B	62.42B	39.92B	106.65B	110.12B	141.40B	219.66B	8.38B	173.91B	244.67B	217.33B	63.51B	306.19B	385.84B	365.45B	437.29B	55.70B	412.88B	624.89B	456.87B
Issuance/retirement of long term debt	46.61B	53.70B	39.92B	93.70B	98.57B	165.90B	—	—	—	272.13B	164.87B	0	0	—	—	—	—	—	—	—
Issuance/retirement of short term debt	0	8.72B	—	12.95B	11.55B	-24.50B	—	8.47B	12.81B	-27.46B	52.47B	-58.33B	30.15B	41.43B	-52.70B	-29.25B	-147.60M	0	-1.36B	0
Issuance/retirement of other debt	—	—	0	—	—	—	219.66B	-95.00M	161.10B	—	—	121.84B	276.04B	344.41B	418.16B	466.54B	55.85B	412.88B	626.25B	456.87B
Total cash dividends paid	-2.67B	-1.01B	-1.77B	-4.29B	-4.72B	-6.91B	-10.33B	-10.62B	-10.69B	-11.50B	-17.47B	-22.74B	-23.75B	-30.41B	-26.18B	-21.72B	-24.11B	-31.20B	-28.57B	-56.09B
Other financing cash flow items, total	1.08B	-219.31M	5.13B	2.59B	-10.64B	7.01B	-27.67B	-3.34B	4.93B	-2.19B	-46.91B	-80.40B	0	0	0	5.57B	0	-445.00M	-445.00M	-445.00M