Company Profile

REC LTD.

NSE : RECLTDBSE : 532955ISIN CODE : INE020B01018Industry : Finance Term LendingHouse : PSU
BSE129.700.7 (+0.54 % )
PREV CLOSE (Rs.) 129.00
OPEN PRICE (Rs.) 129.00
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 206974
TODAY'S LOW / HIGH (Rs.)128.45 131.70
52 WK LOW / HIGH (Rs.)98.85 169.55
NSE129.70 0.7 (+0.54 % )
PREV CLOSE(Rs.) 129.00
OPEN PRICE (Rs.) 129.60
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 129.70 (153 )
VOLUME 2312581
TODAY'S LOW / HIGH(Rs.) 128.30 131.70
52 WK LOW / HIGH (Rs.)98.75 169.55

Smart Quotes

1D 1M 3M 1Y 3Y 5Y
STOCK SUMMARY
Trade Value (Rs. in Lacs) 0.00
Dividend Yield(%) 8.48
TTM EPS (Rs.) 27.03
P/E Ratio 4.80
Book Value (Rs.) 186.52
Face Value (Rs.) 10
MCap (Rs. in Mn) 256146.86
Price/Earning (TTM) 4.79
Price/Sales (TTM) 0.91
Price/Book (MRQ) 0.70
PAT Margin (%) 22.77
ROCE (%) 9.22
Incorporation Year : 1969

Management Info :

Ajeet Kumar Agarwal - Chairman Ajeet Kumar Agarwal - Managing Director

Registered Office :

Address : Core - 4 ,Scope Complex,7 , Lodhi Road,
New Delhi,
Delhi-110003

Phone : 011 2436 5161

Website : www.recindia.com

Registrar's Details : KFIN Technologies Pvt Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B, Plot 31-32,Gachibowli,Financial District,Nanakramguda,Hyderabad
Listing : BSE, NSE, MCX
NEWS More
09Dec12-09-2019$REC raises $500 million by issuing unsecured notes REC raises $500 million by i

REC has raised $500 million (about Rs 3,550 crore) by issuing unsecured notes, and the proceeds would be used for lending to power sector. The company has issued $500,000,000, 3.50 per cent notes due 2024, on December 05, 2019.

The notes will mature on December 12, 2024 and all principal and interest payments will be made in US Dollars. The settlement date for the notes is expected to be December 12, 2019. The notes represent direct, unconditional and unsecured obligations of the issuer and will rank pari passu among themselves and all other unsecured obligations of the issuer.

REC is engaged in providing financial assistance to state electricity boards, state government departments and rural electric co-operatives for rural electrification projects as are sponsored by them.

REC has raised $500 million (about Rs 3,550 crore) by issuing u..
05Nov11-05-2019$REC reports 24% fall in Q2 consolidated net profit REC reports 24% fall in Q2 c

REC has reported results for second quarter ended September 30, 2019.

The company has reported 25.95% fall in its net profit at Rs 1306.76 crore for the quarter under review as compared to Rs 1764.81 crore for the same quarter in the previous year. However, Total income of the company increased by 18.74% at Rs 7425.27 crore for Q2FY20 as compared Rs 6253.42 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 23.68% in its net profit at Rs 1322.47 crore for the quarter under review as compared to Rs 1732.75 crore for the same quarter in the previous year. However, Total income of the company increased by 19.82% at Rs 7483.75 crore for Q2FY20 as compared Rs 6246.05 crore for the corresponding quarter previous year.

REC has reported results for second quarter ended September 30,..
21Oct10-21-2019$REC informs about company updates REC informs about company up

In compliance with Regulation 30 of SEBI (LODR) Regulations, 2015, REC has informed that the Board of Directors of the Company in its 463rd meeting held on October 19, 2019, approved the proposals for sale and transfer of wholly owned subsidiaries of REC Transmission Projects Company (RECTPCL) and REC as per details mentioned in the letter attached.

The above information is a part of company’s filings submitted to BSE.

In compliance with Regulation 30 of SEBI (LODR) Regulations, 20..
05Oct10-05-2019$REC’s arm sells entire stake in Ajmer Phagi Transco to Power Grid REC’s arm sells entire sta

REC’s wholly owned subsidiary -- REC Transmission Projects Company (RECTPCL) has transferred entire shareholding comprising of 50,000 equity shares along with all its assets and liabilities in Ajmer Phagi Transco to Power Grid Corporation of India on October 03, 2019. Power Grid is a successful bidder selected through Tariff Based Competitive Bidding Process for ‘Construction of Ajmer (PG)-Phagi 765 kV D/Cline along with associated bays for Rajasthan SEZ’.

RECTPCL has received a consideration of Rs 10.24 crore, comprising of Rs 9.63 crore (including GST) towards Professional Fee for Bid Process Coordination, Rs 0.05 crore towards cost of acquiring 50,000 equity shares of Rs 10 each of Ajmer Phagi Transco at par value and balance amount towards reimbursement of expenditure incurred on the project by RECTPCL and interest cost etc., from the successful Bidder. Further, contribution of the aforesaid SPV to the turnover or revenue or income and net worth of REC, during the last financial year was negligible.

Hence, with effect from the aforesaid date, the above Project Specific SPV is not subsidiary of RECTPCL and REC.

REC is engaged in providing financial assistance to state electricity boards, state government departments and rural electric co-operatives for rural electrification projects as are sponsored by them.

REC’s wholly owned subsidiary -- REC Transmission Projects Co..
30Sep09-30-2019$REC informs about interest payment REC informs about interest p

REC has informed about Payment of Interest & Principal due for Bonds under Clause No. 50(1) SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015. 

The above information is a part of company’s filings submitted to BSE.

REC has informed about Payment of Interest & Principal due..
Financials More
Rs. in Millions
QTR Sep 19 ANNUAL 19
Net Profit13067.657637.2
Gross Profit 18397.8 81005
Operating Profit 65569.8237492.1
Net Sales 74226.3253097.2
ROLLING FORWARD P/E (EOD)
EVENT CALENDAR
peer group More
MAS Financial Serv (BSE)
 787.60 (0.99%)
M.Cap ( in Cr)
4305.18
Power Finance Corp (BSE)
 111.60 (1.59%)
M.Cap ( in Cr)
29463.31
Gold Line Internatl. (BSE)
 0.52 (0.00%)
M.Cap ( in Cr)
27.09
Guj. State Fin. Corp (BSE)
 0.79 (0.00%)
M.Cap ( in Cr)
7.04
IFCI (BSE)
 6.66 (-1.33%)
M.Cap ( in Cr)
1129.53
Shareholding Pattern More
NON-INSTITUTION 8 %
MUTUAL FUNDS/UTI 7.15 %
PROMOTERS 52.63 %
FI/BANKS/INSURANCE 3.28 %
GOVERNMENT 0 %
FII 0 %
F & O Quotes