REC Limited logo

REC Limited

TickerRECLTD.NSVenueNSESectorFinancial ServicesPrimary listingBeta0.34

REC Limited is an India-based company in the Financial Services sector with a market capitalisation of $8.4B. Its FinScore is 57/100; its highest-scoring layer is Quality (70) and its lowest is Growth (39). The shares trade at 5.1x trailing earnings and are down 16% year to date.

Market cap
$8.4B
P/E (TTM)
5.1x
Dividend yield (TTM)
4.53%
ROE
19.1%

Share price performance

Loading chart…

About REC Limited

www.recindia.nic.in

REC Limited, an Indian public financial institution, is dedicated to providing comprehensive financial assistance for crucial power sector initiatives across the nation, encompassing generation, transmission, and distribution projects. Its core offerings include a spectrum of loan products, from short-term to medium- and long-term financing options. Beyond its financing activities, REC plays a pivotal role as a nodal agency, overseeing the implementation of several significant government programs. These include initiatives like the Pradhan Mantri Sahaj Bijli Har Ghar Yojana (focused on universal household electrification), the Deen Dayal Upadhyaya Gram Jyoti Yojana, the National Electricity Fund, the Outage Management System, and the 11kv Rural Feeder Monitoring Scheme. Furthermore, REC acts as the designated bid process coordinator for competitively selecting transmission service providers through tariff-based bidding for both independent inter-state and intra-state transmission ventures. The company also extends its expertise through implementation and consultancy services within the power domain. Its clientele encompasses a broad range, serving both central and state government-owned power utilities, as well as private sector players. Established in 1969, REC is headquartered in Gurugram, India. The company underwent a name change in October 2018, transitioning from its original identity as Rural Electrification Corporation Limited. Currently, REC Limited operates as a subsidiary of Power Finance Corporation Limited.

Profile
Sector
Financial Services
Industry
Financial - Credit Services
HQ
India
Fiscal year-end
March
Trading currency
INR
Reporting currency
INR
Fundamentals updated
2 days ago
Market
Market cap
$8.4B
Shares outstanding
2.6B
P/E (TTM)
5.1x
Dividend yield (TTM)
4.53%
Beta (issuer)
0.34
Revenue (latest FY)
₹583.9B

Revenue breakdown

Revenue split not available

FinScore

As of 2026-10-19
Overall57
Quality70
Growth39
Value58
Momentum54
Relative Strength58

Snapshot

Ownership

Free float
46.2%
Shares outstanding
2.6B

Holder data is not available for this company yet.

Sign up or log in to see Analysis

Analysis for REC Limited is available to Finryse members. The Overview stays open to everyone; creating an account is free.

Sign up or log in to see Financials

Financials for REC Limited is available to Finryse members. The Overview stays open to everyone; creating an account is free.

Sign up or log in to see Estimates

Estimates for REC Limited is available to Finryse members. The Overview stays open to everyone; creating an account is free.

Sign up or log in to see Peers

Peers for REC Limited is available to Finryse members. The Overview stays open to everyone; creating an account is free.

Sign up or log in to see Valuation

Valuation for REC Limited is available to Finryse members. The Overview stays open to everyone; creating an account is free.

Sign up or log in to see News

News for REC Limited is available to Finryse members. The Overview stays open to everyone; creating an account is free.