REC Ltd (RECLTD) — shareholding pattern, promoter holding, financials and share price

About REC Ltd (RECLTD)

REC Ltd operates in the Financial Institution industry, within the Financial Services sector. It trades on the NSE as RECLTD and on the BSE under scrip code 532955. Its ISIN is INE020B01018.

REC is a Central Public Sector Undertaking under the Ministry of Power involved in financing projects in the complete power sector value chain from generation to distribution. [1]

REC Limited is a leading Indian public sector enterprise involved in financing the entire power sector value chain. Its core business includes providing financial assistance across conventional and renewable energy projects.

REC Limited has exhibited strong financial performance, reporting its highest-ever half-yearly profits of Rs. 8,877 crores, with a significant 19% growth from the previous period. The company also recorded notable revenue growth of 12%, showcasing its financial vigor.

Listed peers in Financial Institution: Power Finance Corporation Ltd, Indian Railway Finance Corporation Ltd, Housing & Urban Development Corporation Ltd, Indian Renewable Energy Development Agency Ltd, IFCI Ltd, Tourism Finance Corporation of India Ltd.

Valuation & Returns

10 Jul 2026

At ₹351.9 a share on 10 Jul 2026, REC Ltd (RECLTD) was valued at a price-to-earnings ratio of 5.68x against an industry P/E of 19.5x and a price-to-book of 1.18x on a book value of ₹297.64 per share as of Mar 2025. Solomo computes return on equity of 20.81% and return on capital employed of 9.5% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.

P/E
5.68x
Industry P/E
19.5x
P/B
1.18x
EPS (TTM)
₹61.93
Book value / share
₹297.64
ROE
20.81%
ROCE
9.5%
ROA
2.65%
Debt / equity
6.33x
Dividend yield
5.57%
EBITDA margin
95.84%
52-week range
₹304.1 – ₹408.8

Ratios are computed from filed results and the last recorded price. Not investment advice.

Financial Performance

Mar 2026

In the year ended Mar 2026, REC Ltd (RECLTD) reported revenue of ₹59,584 crore, net profit of ₹16,308 crore and earnings per share of ₹61.93. That compares with revenue of ₹56,369 crore and net profit of ₹15,884 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.

In the quarter ended Mar 2026, revenue was ₹14,564 crore and net profit ₹3,375 crore (consolidated).

Consolidated annual results for REC Ltd (RECLTD), Mar 2022 to Mar 2026. Revenue and net profit in ₹ crore; EPS in ₹ per share.
MetricMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue (₹ cr)39,27639,48647,51756,36959,584
Net profit (₹ cr)10,03611,16714,14515,88416,308
EPS (₹)38.1142.4153.7260.3261.93
Compound annual growth for REC Ltd (RECLTD). Stock price CAGR is price return and excludes dividends.
Measure10Y5Y3Y1Y
Sales growth10.04%13.44%12.63%18.63%
Profit growth12.09%26.32%16.08%12.29%
Stock price CAGR17%25%29%-13%

Ownership Summary

Jun 2026

As of Jun 2026, promoters hold 52.63% of REC Ltd (RECLTD) (unchanged from the previous quarter), foreign institutional investors (FII) hold 15.76% and domestic institutional investors (DII) hold 16.98%. Market capitalisation was ₹92,663 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2010.

Largest disclosed public shareholders in Jun 2026: LIFE INSURANCE CORPORATION OF INDIA 3.33%, NIPPON LIFE INDIA TRUSTEE LTD- A/C NIPPON INDIA GROWTH MID CAP FUND 1.86%, NPS TRUST- A/C LIC PENSION FUND SCHEME - STATE GOVT 1.55%, TATA AIG GENERAL INSURANCE COMPANY LIMITED 1.19%, ICICI PRUDENTIAL EQUITY ARBITRAGE FUND 1.16%. Only stakes above the 1% disclosure threshold are named in filings.

QuarterPromoterPledgedFIIDIIPublic
Jun 202652.63%-15.76%16.98%47.37%
Mar 202652.63%-15.79%16.35%47.37%
Dec 202552.63%-16.46%16.22%47.37%
Sep 202552.63%-17.97%15.86%47.37%
Jun 202552.63%-19.16%15.5%47.37%
Mar 202552.63%-20.48%14.79%47.37%
Dec 202452.63%-21.73%13.9%47.37%
Sep 202452.63%-21.23%14.25%47.37%
Every quarter since Sep 2010 Filing data, not investment advice.