REC Ltd.
•₹ 326.65-0.44%
2026-08-21
PROS
- Comfortable capital adequacy - CAR of 23.1%
- Asset quality is healthy - gross NPA of just 0.2%
- Solid return on assets for a lender - ROA of 2.6%
- Company has a good return on equity (ROE) track record: 3 Years ROE 21.4%
- Company has consistently been profitable over the last 5 years
CONS
- Company has a low return on capital employed of 9.9%
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | PFC | 376.00 | 4.76 | 124083.83 | 4.93 | 8997.92 | 0.18 | 28526.86 | 0.32 | 10.05 | 99.88 |
| 2. | IRFC | 85.10 | 0.00 | 111212.99 | 2.47 | 1927.21 | 10.40 | 8261.11 | 451.73 | 5.64 | 99.49 |
| 3. | RECLTD | 337.35 | 5.54 | 88831.81 | 5.50 | 4192.76 | -6.11 | 14434.92 | -1.51 | 9.71 | 96.90 |
| 4. | IFCI | 81.60 | 126.04 | 21985.60 | 0.00 | 60.27 | -3.46 | 327.06 | 4.79 | 11.51 | 57.66 |
| 5. | TFCILTD | 131.50 | 71.22 | 6088.15 | 0.46 | 18.38 | -8.25 | 51.00 | -17.46 | 11.13 | 90.10 |
| 6. | SATIN | 224.35 | 6.05 | 2478.42 | 0.00 | 122.65 | 171.94 | 762.14 | 7.70 | 12.15 | 62.96 |
| 7. | TRU | 4.35 | 0.00 | 51.70 | 0.00 | -10.58 | -16.29 | 11.27 | -62.55 | 3.48 | -79.12 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 10,978 | 11,559 | 11,988 | 12,620 | 13,028 | 13,531 | 14,143 | 15,153 | 14,657 | 15,064 | 14,919 | 14,383 | 14,435 | |
| 332 | -509 | 240 | -425 | 717 | 97 | 263 | 1,084 | 217 | 476 | 655 | 1,231 | 9,201 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 4 | 13 | 20 | 29 | 14 | 24 | 15 | 15 | 87 | 10 | 41 | 20 | 35 |
| Interest | 7,049 | 7,350 | 7,654 | 7,896 | 8,020 | 8,506 | 8,837 | 8,768 | 8,934 | 9,131 | 9,243 | 8,931 | 8,748 |
| Depreciation | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 7 | 7 | 7 | 7 | 7 |
| 3,721 | 4,838 | 4,172 | 5,229 | 4,349 | 5,097 | 5,181 | 5,490 | 5,666 | 5,549 | 5,136 | 4,415 | 5,268 | |
| Tax % | 20.24% | 21.66% | 20.69% | 22.00% | 20.44% | 20.79% | 21.32% | 21.49% | 21.19% | 20.44% | 21.10% | 23.55% | 20.42% |
| Net Profit | 0 | 0 | 0 | 0 | 3,460 | 4,038 | 4,076 | 4,310 | 4,466 | 4,415 | 4,052 | 3,375 | 4,193 |
| 11 | 14 | 13 | 15 | 13 | 15 | 15 | 16 | 17 | 17 | 15 | 13 | 2 | |
| Equity Capital | 2,633 | 2,633 | 2,633 | 2,633 | 2,633 | 2,633 | 2,633 | 2,633 | 2,633 | 2,633 | 2,633 | 2,633 | 2,633 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 2,633 | 2,633 | 2,633 | 2,633 | 2,633 | 2,633 | 2,633 | 2,633 | 2,633 | 2,633 | 2,633 | 2,633 | 2,633 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 10,978
- 332
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 7,049
- Depreciation
- 6
- 3,721
- Tax %
- 20.24%
- Net Profit
- 0
- 11
- Equity Capital
- 2,633
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 2,633
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 11,559
- -509
- Operating Profit
- —
- OPM %
- —
- Other Income
- 13
- Interest
- 7,350
- Depreciation
- 6
- 4,838
- Tax %
- 21.66%
- Net Profit
- 0
- 14
- Equity Capital
- 2,633
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 2,633
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 11,988
- 240
- Operating Profit
- —
- OPM %
- —
- Other Income
- 20
- Interest
- 7,654
- Depreciation
- 6
- 4,172
- Tax %
- 20.69%
- Net Profit
- 0
- 13
- Equity Capital
- 2,633
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 2,633
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 12,620
- -425
- Operating Profit
- —
- OPM %
- —
- Other Income
- 29
- Interest
- 7,896
- Depreciation
- 6
- 5,229
- Tax %
- 22.00%
- Net Profit
- 0
- 15
- Equity Capital
- 2,633
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 2,633
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 13,028
- 717
- Operating Profit
- —
- OPM %
- —
- Other Income
- 14
- Interest
- 8,020
- Depreciation
- 6
- 4,349
- Tax %
- 20.44%
- Net Profit
- 3,460
- 13
- Equity Capital
- 2,633
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 2,633
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 13,531
- 97
- Operating Profit
- —
- OPM %
- —
- Other Income
- 24
- Interest
- 8,506
- Depreciation
- 6
- 5,097
- Tax %
- 20.79%
- Net Profit
- 4,038
- 15
- Equity Capital
- 2,633
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 2,633
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 14,143
- 263
- Operating Profit
- —
- OPM %
- —
- Other Income
- 15
- Interest
- 8,837
- Depreciation
- 6
- 5,181
- Tax %
- 21.32%
- Net Profit
- 4,076
- 15
- Equity Capital
- 2,633
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 2,633
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 15,153
- 1,084
- Operating Profit
- —
- OPM %
- —
- Other Income
- 15
- Interest
- 8,768
- Depreciation
- 6
- 5,490
- Tax %
- 21.49%
- Net Profit
- 4,310
- 16
- Equity Capital
- 2,633
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 2,633
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 14,657
- 217
- Operating Profit
- —
- OPM %
- —
- Other Income
- 87
- Interest
- 8,934
- Depreciation
- 7
- 5,666
- Tax %
- 21.19%
- Net Profit
- 4,466
- 17
- Equity Capital
- 2,633
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 2,633
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 15,064
- 476
- Operating Profit
- —
- OPM %
- —
- Other Income
- 10
- Interest
- 9,131
- Depreciation
- 7
- 5,549
- Tax %
- 20.44%
- Net Profit
- 4,415
- 17
- Equity Capital
- 2,633
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 2,633
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 14,919
- 655
- Operating Profit
- —
- OPM %
- —
- Other Income
- 41
- Interest
- 9,243
- Depreciation
- 7
- 5,136
- Tax %
- 21.10%
- Net Profit
- 4,052
- 15
- Equity Capital
- 2,633
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 2,633
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 14,383
- 1,231
- Operating Profit
- —
- OPM %
- —
- Other Income
- 20
- Interest
- 8,931
- Depreciation
- 7
- 4,415
- Tax %
- 23.55%
- Net Profit
- 3,375
- 13
- Equity Capital
- 2,633
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 2,633
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 14,435
- 9,201
- Operating Profit
- —
- OPM %
- —
- Other Income
- 35
- Interest
- 8,748
- Depreciation
- 7
- 5,268
- Tax %
- 20.42%
- Net Profit
- 4,193
- 2
- Equity Capital
- 2,633
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 2,633
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 24,195 | 22,652 | 25,399 | 29,952 | 35,553 | 39,269 | 39,478 | 47,505 | 56,367 | 59,584 | 58,801 | |
| 1,889 | 3,391 | 1,688 | 3,999 | 3,291 | 4,825 | 1,857 | 1,002 | 2,154 | 2,570 | 11,563 | |
| Operating Profit | 22,474 | 19,288 | 23,746 | 26,030 | 32,284 | 34,514 | 37,663 | 47,949 | 54,280 | 57,058 | — |
| OPM % | 93 | 85 | 93 | 87 | 91 | 88 | 95 | 101 | 96 | 96 | — |
| Other Income | 168 | 28 | 35 | 77 | 23 | 70 | 42 | 1,446 | 67 | 44 | 105 |
| Interest | 13,462 | 13,335 | 15,657 | 18,997 | 21,492 | 22,054 | 23,741 | 29,965 | 34,138 | 36,247 | 36,051 |
| Depreciation | 40 | 7 | 8 | 12 | 11 | 18 | 24 | 24 | 25 | 27 | 27 |
| 8,972 | 5,958 | 8,090 | 7,030 | 10,780 | 12,431 | 13,898 | 17,960 | 20,117 | 20,766 | 20,368 | |
| Tax % | 30 | 25 | 29 | 29 | 22 | 19 | 20 | 21 | 21 | 21 | 21 |
| Net Profit | 6,313 | 4,451 | 5,741 | 4,972 | 8,378 | 10,036 | 11,167 | 14,145 | 15,884 | 16,308 | 16,035 |
| EPS | 32 | 23 | 29 | 25 | 42 | 38 | 42 | 54 | 60 | 62 | — |
| Dividend Payout % | 30 | 41 | 38 | 44 | 30 | 30 | 30 | 30 | 30 | 30 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 24 | 17 | 22 | 19 | 32 | 38 | 42 | 54 | 60 | 62 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 24 | 17 | 22 | 19 | 32 | 38 | 42 | 54 | 60 | 62 | — |
Mar 2017
- 24,195
- 1,889
- Operating Profit
- 22,474
- OPM %
- 93
- Other Income
- 168
- Interest
- 13,462
- Depreciation
- 40
- 8,972
- Tax %
- 30
- Net Profit
- 6,313
- EPS
- 32
- Dividend Payout %
- 30
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 24
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 24
Mar 2018
- 22,652
- 3,391
- Operating Profit
- 19,288
- OPM %
- 85
- Other Income
- 28
- Interest
- 13,335
- Depreciation
- 7
- 5,958
- Tax %
- 25
- Net Profit
- 4,451
- EPS
- 23
- Dividend Payout %
- 41
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 17
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 17
Mar 2019
- 25,399
- 1,688
- Operating Profit
- 23,746
- OPM %
- 93
- Other Income
- 35
- Interest
- 15,657
- Depreciation
- 8
- 8,090
- Tax %
- 29
- Net Profit
- 5,741
- EPS
- 29
- Dividend Payout %
- 38
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 22
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 22
Mar 2020
- 29,952
- 3,999
- Operating Profit
- 26,030
- OPM %
- 87
- Other Income
- 77
- Interest
- 18,997
- Depreciation
- 12
- 7,030
- Tax %
- 29
- Net Profit
- 4,972
- EPS
- 25
- Dividend Payout %
- 44
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 19
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 19
Mar 2021
- 35,553
- 3,291
- Operating Profit
- 32,284
- OPM %
- 91
- Other Income
- 23
- Interest
- 21,492
- Depreciation
- 11
- 10,780
- Tax %
- 22
- Net Profit
- 8,378
- EPS
- 42
- Dividend Payout %
- 30
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 32
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 32
Mar 2022
- 39,269
- 4,825
- Operating Profit
- 34,514
- OPM %
- 88
- Other Income
- 70
- Interest
- 22,054
- Depreciation
- 18
- 12,431
- Tax %
- 19
- Net Profit
- 10,036
- EPS
- 38
- Dividend Payout %
- 30
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 38
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 38
Mar 2023
- 39,478
- 1,857
- Operating Profit
- 37,663
- OPM %
- 95
- Other Income
- 42
- Interest
- 23,741
- Depreciation
- 24
- 13,898
- Tax %
- 20
- Net Profit
- 11,167
- EPS
- 42
- Dividend Payout %
- 30
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 42
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 42
Mar 2024
- 47,505
- 1,002
- Operating Profit
- 47,949
- OPM %
- 101
- Other Income
- 1,446
- Interest
- 29,965
- Depreciation
- 24
- 17,960
- Tax %
- 21
- Net Profit
- 14,145
- EPS
- 54
- Dividend Payout %
- 30
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 54
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 54
Mar 2025
- 56,367
- 2,154
- Operating Profit
- 54,280
- OPM %
- 96
- Other Income
- 67
- Interest
- 34,138
- Depreciation
- 25
- 20,117
- Tax %
- 21
- Net Profit
- 15,884
- EPS
- 60
- Dividend Payout %
- 30
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 60
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 60
Mar 2026
- 59,584
- 2,570
- Operating Profit
- 57,058
- OPM %
- 96
- Other Income
- 44
- Interest
- 36,247
- Depreciation
- 27
- 20,766
- Tax %
- 21
- Net Profit
- 16,308
- EPS
- 62
- Dividend Payout %
- 30
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 62
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 62
TTM
- 58,801
- 11,563
- Operating Profit
- —
- OPM %
- —
- Other Income
- 105
- Interest
- 36,051
- Depreciation
- 27
- 20,368
- Tax %
- 21
- Net Profit
- 16,035
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 10%
- 5 Years:
- 11%
- 3 Years:
- 15%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 11%
- 5 Years:
- 14%
- 3 Years:
- 13%
STOCK PRICE CAGR
- 10 Years:
- 14%
- 5 Years:
- 25%
- 3 Years:
- 11%
- 1 Year:
- -14%
RETURN ON EQUITY
- 10 Years:
- 19%
- 5 Years:
- 21%
- 3 Years:
- 21%
- Last Year:
- 20%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 1,975 | 1,975 | 1,975 | 1,975 | 1,975 | 1,975 | 2,633 | 2,633 | 2,633 | 2,633 |
| 31,696 | 30,613 | 32,571 | 33,422 | 41,231 | 48,781 | 54,929 | 66,159 | 75,184 | 81,863 | |
| 111 | 5,428 | 11,087 | 11,611 | 18,537 | 11,277 | 19,123 | 36,623 | 41,425 | 12,086 | |
| Trade Payables | 160 | 63 | 67 | 46 | 62 | 36 | 42 | 98 | 134 | 180 |
| 1,79,055 | 2,03,654 | 2,52,302 | 2,99,607 | 3,39,351 | 3,48,749 | 3,88,166 | 4,43,395 | 4,92,256 | 5,39,857 | |
| Total Liabilities | 2,12,997 | 2,41,733 | 2,98,003 | 3,46,660 | 4,01,156 | 4,10,818 | 4,64,893 | 5,48,907 | 6,11,633 | 6,36,618 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 355 | 132 | 165 | 166 | 267 | 628 | 641 | 632 | 628 | 615 | |
| Capital Work in Progress | 164 | 127 | 197 | 288 | 336 | 6 | 3 | 24 | 76 | 128 |
| 2,617 | 2,948 | 2,463 | 2,386 | 1,981 | 2,190 | 3,170 | 5,352 | 6,674 | 9,831 | |
| 51 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 154 | 235 | 293 | |
| Cash & Bank | 4,651 | 2,195 | 2,115 | 3,975 | 3,403 | 2,660 | 2,396 | 2,939 | 2,343 | 1,611 |
| 2,05,159 | 2,36,331 | 2,93,063 | 3,39,846 | 3,95,169 | 4,05,333 | 4,58,683 | 5,39,807 | 6,01,677 | 6,24,140 | |
| Total Assets | 2,12,997 | 2,41,733 | 2,98,003 | 3,46,660 | 4,01,156 | 4,10,818 | 4,64,893 | 5,48,907 | 6,11,633 | 6,36,618 |
| Total Debt | 1,67,852 | 2,04,367 | 2,44,249 | 2,86,289 | 3,29,723 | 3,33,043 | 3,80,790 | 4,45,568 | 4,96,243 | 5,14,725 |
| Net Working Capital | -14,874 | -3,211 | -26,397 | -29,261 | -39,522 | -29,078 | -33,621 | -39,593 | -50,297 | -7,800 |
| Contingent Liabilities | 306 | 144 | 152 | 183 | 2,703 | 4,317 | 3,694 | 6,589 | 8,748 | 6,941 |
| Book Value per Share | 170.49 | 165.01 | 174.93 | 179.23 | 218.77 | 257.00 | 218.60 | 261.25 | 295.52 | 320.88 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 1,67,852 | 2,04,367 | 2,44,249 | 2,86,289 | 3,29,723 | 3,33,043 | 3,80,790 | 4,45,568 | 4,96,243 | 5,14,725 |
| Net Working Capital | -14,874 | -3,211 | -26,397 | -29,261 | -39,522 | -29,078 | -33,621 | -39,593 | -50,297 | -7,800 |
| Contingent Liabilities | 306 | 144 | 152 | 183 | 2,703 | 4,317 | 3,694 | 6,589 | 8,748 | 6,941 |
| Book Value per Share | 170.49 | 165.01 | 174.93 | 179.23 | 218.77 | 257.00 | 218.60 | 261.25 | 295.52 | 320.88 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2017
- Equity Capital
- 1,975
- 31,696
- 111
- Trade Payables
- 160
- 1,79,055
- Total Liabilities
- 2,12,997
- 355
- Capital Work in Progress
- 164
- 2,617
- 51
- 0
- Cash & Bank
- 4,651
- 2,05,159
- Total Assets
- 2,12,997
- Total Debt
- 1,67,852
- Net Working Capital
- -14,874
- Contingent Liabilities
- 306
- Book Value per Share
- 170.49
- Face Value
- 10.00
- Total Debt
- 1,67,852
- Net Working Capital
- -14,874
- Contingent Liabilities
- 306
- Book Value per Share
- 170.49
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 1,975
- 30,613
- 5,428
- Trade Payables
- 63
- 2,03,654
- Total Liabilities
- 2,41,733
- 132
- Capital Work in Progress
- 127
- 2,948
- 0
- 0
- Cash & Bank
- 2,195
- 2,36,331
- Total Assets
- 2,41,733
- Total Debt
- 2,04,367
- Net Working Capital
- -3,211
- Contingent Liabilities
- 144
- Book Value per Share
- 165.01
- Face Value
- 10.00
- Total Debt
- 2,04,367
- Net Working Capital
- -3,211
- Contingent Liabilities
- 144
- Book Value per Share
- 165.01
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 1,975
- 32,571
- 11,087
- Trade Payables
- 67
- 2,52,302
- Total Liabilities
- 2,98,003
- 165
- Capital Work in Progress
- 197
- 2,463
- 0
- 0
- Cash & Bank
- 2,115
- 2,93,063
- Total Assets
- 2,98,003
- Total Debt
- 2,44,249
- Net Working Capital
- -26,397
- Contingent Liabilities
- 152
- Book Value per Share
- 174.93
- Face Value
- 10.00
- Total Debt
- 2,44,249
- Net Working Capital
- -26,397
- Contingent Liabilities
- 152
- Book Value per Share
- 174.93
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 1,975
- 33,422
- 11,611
- Trade Payables
- 46
- 2,99,607
- Total Liabilities
- 3,46,660
- 166
- Capital Work in Progress
- 288
- 2,386
- 0
- 0
- Cash & Bank
- 3,975
- 3,39,846
- Total Assets
- 3,46,660
- Total Debt
- 2,86,289
- Net Working Capital
- -29,261
- Contingent Liabilities
- 183
- Book Value per Share
- 179.23
- Face Value
- 10.00
- Total Debt
- 2,86,289
- Net Working Capital
- -29,261
- Contingent Liabilities
- 183
- Book Value per Share
- 179.23
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 1,975
- 41,231
- 18,537
- Trade Payables
- 62
- 3,39,351
- Total Liabilities
- 4,01,156
- 267
- Capital Work in Progress
- 336
- 1,981
- 0
- 0
- Cash & Bank
- 3,403
- 3,95,169
- Total Assets
- 4,01,156
- Total Debt
- 3,29,723
- Net Working Capital
- -39,522
- Contingent Liabilities
- 2,703
- Book Value per Share
- 218.77
- Face Value
- 10.00
- Total Debt
- 3,29,723
- Net Working Capital
- -39,522
- Contingent Liabilities
- 2,703
- Book Value per Share
- 218.77
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 1,975
- 48,781
- 11,277
- Trade Payables
- 36
- 3,48,749
- Total Liabilities
- 4,10,818
- 628
- Capital Work in Progress
- 6
- 2,190
- 0
- 0
- Cash & Bank
- 2,660
- 4,05,333
- Total Assets
- 4,10,818
- Total Debt
- 3,33,043
- Net Working Capital
- -29,078
- Contingent Liabilities
- 4,317
- Book Value per Share
- 257.00
- Face Value
- 10.00
- Total Debt
- 3,33,043
- Net Working Capital
- -29,078
- Contingent Liabilities
- 4,317
- Book Value per Share
- 257.00
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 2,633
- 54,929
- 19,123
- Trade Payables
- 42
- 3,88,166
- Total Liabilities
- 4,64,893
- 641
- Capital Work in Progress
- 3
- 3,170
- 0
- 0
- Cash & Bank
- 2,396
- 4,58,683
- Total Assets
- 4,64,893
- Total Debt
- 3,80,790
- Net Working Capital
- -33,621
- Contingent Liabilities
- 3,694
- Book Value per Share
- 218.60
- Face Value
- 10.00
- Total Debt
- 3,80,790
- Net Working Capital
- -33,621
- Contingent Liabilities
- 3,694
- Book Value per Share
- 218.60
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 2,633
- 66,159
- 36,623
- Trade Payables
- 98
- 4,43,395
- Total Liabilities
- 5,48,907
- 632
- Capital Work in Progress
- 24
- 5,352
- 0
- 154
- Cash & Bank
- 2,939
- 5,39,807
- Total Assets
- 5,48,907
- Total Debt
- 4,45,568
- Net Working Capital
- -39,593
- Contingent Liabilities
- 6,589
- Book Value per Share
- 261.25
- Face Value
- 10.00
- Total Debt
- 4,45,568
- Net Working Capital
- -39,593
- Contingent Liabilities
- 6,589
- Book Value per Share
- 261.25
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 2,633
- 75,184
- 41,425
- Trade Payables
- 134
- 4,92,256
- Total Liabilities
- 6,11,633
- 628
- Capital Work in Progress
- 76
- 6,674
- 0
- 235
- Cash & Bank
- 2,343
- 6,01,677
- Total Assets
- 6,11,633
- Total Debt
- 4,96,243
- Net Working Capital
- -50,297
- Contingent Liabilities
- 8,748
- Book Value per Share
- 295.52
- Face Value
- 10.00
- Total Debt
- 4,96,243
- Net Working Capital
- -50,297
- Contingent Liabilities
- 8,748
- Book Value per Share
- 295.52
- Face Value
- 10.00
Mar 2026
- Equity Capital
- 2,633
- 81,863
- 12,086
- Trade Payables
- 180
- 5,39,857
- Total Liabilities
- 6,36,618
- 615
- Capital Work in Progress
- 128
- 9,831
- 0
- 293
- Cash & Bank
- 1,611
- 6,24,140
- Total Assets
- 6,36,618
- Total Debt
- 5,14,725
- Net Working Capital
- -7,800
- Contingent Liabilities
- 6,941
- Book Value per Share
- 320.88
- Face Value
- 10.00
- Total Debt
- 5,14,725
- Net Working Capital
- -7,800
- Contingent Liabilities
- 6,941
- Book Value per Share
- 320.88
- Face Value
- 10.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 6,805 | -32,510 | -35,866 | -32,442 | -43,512 | -819 | -37,360 | -57,723 | -39,064 | 5,972 | |
| Cash from Investing | -101 | 46 | 457 | -149 | 861 | -287 | -943 | -1,831 | -1,302 | -3,308 |
| Cash from Financing | -3,947 | 28,244 | 35,543 | 33,926 | 42,113 | 68 | 38,123 | 59,588 | 40,034 | -2,375 |
| 2,757 | -4,220 | 134 | 1,336 | -538 | -1,038 | -180 | 34 | -333 | 289 | |
| Free Cash Flow | 6,579 | -32,510 | -35,976 | -32,534 | -43,661 | -866 | -37,384 | -57,750 | -39,122 | 5,916 |
| OCF / Net Profit | 1.08 | -7.30 | -6.25 | -6.52 | -5.19 | -0.08 | -3.35 | -4.08 | -2.46 | 0.37 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -1,38,102 | -1,45,547 | -1,50,421 | -1,72,195 | -1,78,784 | -1,29,207 |
| OCF / Net Profit | 1.08 | -7.30 | -6.25 | -6.52 | -5.19 | -0.08 | -3.35 | -4.08 | -2.46 | 0.37 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -1,38,102 | -1,45,547 | -1,50,421 | -1,72,195 | -1,78,784 | -1,29,207 |
Mar 2017
- 6,805
- Cash from Investing
- -101
- Cash from Financing
- -3,947
- 2,757
- Free Cash Flow
- 6,579
- OCF / Net Profit
- 1.08
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.08
- Cumulative 5-Year FCF
- 0
Mar 2018
- -32,510
- Cash from Investing
- 46
- Cash from Financing
- 28,244
- -4,220
- Free Cash Flow
- -32,510
- OCF / Net Profit
- -7.30
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -7.30
- Cumulative 5-Year FCF
- 0
Mar 2019
- -35,866
- Cash from Investing
- 457
- Cash from Financing
- 35,543
- 134
- Free Cash Flow
- -35,976
- OCF / Net Profit
- -6.25
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -6.25
- Cumulative 5-Year FCF
- 0
Mar 2020
- -32,442
- Cash from Investing
- -149
- Cash from Financing
- 33,926
- 1,336
- Free Cash Flow
- -32,534
- OCF / Net Profit
- -6.52
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -6.52
- Cumulative 5-Year FCF
- 0
Mar 2021
- -43,512
- Cash from Investing
- 861
- Cash from Financing
- 42,113
- -538
- Free Cash Flow
- -43,661
- OCF / Net Profit
- -5.19
- Cumulative 5-Year FCF
- -1,38,102
- OCF / Net Profit
- -5.19
- Cumulative 5-Year FCF
- -1,38,102
Mar 2022
- -819
- Cash from Investing
- -287
- Cash from Financing
- 68
- -1,038
- Free Cash Flow
- -866
- OCF / Net Profit
- -0.08
- Cumulative 5-Year FCF
- -1,45,547
- OCF / Net Profit
- -0.08
- Cumulative 5-Year FCF
- -1,45,547
Mar 2023
- -37,360
- Cash from Investing
- -943
- Cash from Financing
- 38,123
- -180
- Free Cash Flow
- -37,384
- OCF / Net Profit
- -3.35
- Cumulative 5-Year FCF
- -1,50,421
- OCF / Net Profit
- -3.35
- Cumulative 5-Year FCF
- -1,50,421
Mar 2024
- -57,723
- Cash from Investing
- -1,831
- Cash from Financing
- 59,588
- 34
- Free Cash Flow
- -57,750
- OCF / Net Profit
- -4.08
- Cumulative 5-Year FCF
- -1,72,195
- OCF / Net Profit
- -4.08
- Cumulative 5-Year FCF
- -1,72,195
Mar 2025
- -39,064
- Cash from Investing
- -1,302
- Cash from Financing
- 40,034
- -333
- Free Cash Flow
- -39,122
- OCF / Net Profit
- -2.46
- Cumulative 5-Year FCF
- -1,78,784
- OCF / Net Profit
- -2.46
- Cumulative 5-Year FCF
- -1,78,784
Mar 2026
- 5,972
- Cash from Investing
- -3,308
- Cash from Financing
- -2,375
- 289
- Free Cash Flow
- 5,916
- OCF / Net Profit
- 0.37
- Cumulative 5-Year FCF
- -1,29,207
- OCF / Net Profit
- 0.37
- Cumulative 5-Year FCF
- -1,29,207
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 31.97 | 22.54 | 29.07 | 25.18 | 42.42 | 50.82 | 42.41 | 53.72 | 60.32 | 61.93 |
| Book Value (₹) | 170.49 | 165.01 | 174.93 | 179.23 | 218.77 | 257.00 | 218.60 | 261.25 | 295.52 | 320.88 |
| Dividend per Share (₹) | 9.65 | 9.15 | 11.00 | 11.00 | 12.71 | 15.30 | 12.60 | 16.00 | 18.00 | 18.55 |
| Cash EPS (₹) | 24.13 | 16.93 | 21.84 | 18.93 | 31.86 | 38.18 | 42.50 | 53.81 | 60.42 | 62.04 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 92.89% | 85.15% | 93.49% | 86.91% | 90.81% | 87.89% | 95.40% | 97.89% | 96.18% | 95.69% |
| Net Margin % | 26.09% | 19.65% | 22.60% | 16.60% | 23.57% | 25.56% | 28.29% | 29.78% | 28.18% | 27.37% |
| ROE % | 20.18% | 13.43% | 17.10% | 14.22% | 21.32% | 21.36% | 20.62% | 22.39% | 21.67% | 20.09% |
| ROCE % | 11.23% | 8.80% | 9.21% | 8.67% | 9.28% | 9.10% | 9.14% | 10.05% | 9.96% | 9.71% |
| 3.01% | 1.96% | 2.13% | 1.54% | 2.24% | 2.47% | 2.55% | 2.79% | 2.74% | 2.61% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 5 | 5 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 2 |
| Inventory Days | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable Days | 172 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| -166 | 5 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 2 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 4.99x | 6.27x | 7.07x | 8.09x | 7.53x | 6.49x | 6.55x | 6.42x | 6.33x | 6.05x |
| Interest Coverage (x) | 1.67x | 1.45x | 1.52x | 1.37x | 1.50x | 1.56x | 1.59x | 1.60x | 1.59x | 1.57x |
| 0.40x | 0.69x | 0.14x | 0.21x | 0.19x | 0.23x | 0.26x | 0.18x | 0.11x | 0.50x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 0.76% | -6.38% | 12.13% | 17.92% | 18.70% | 10.45% | 0.53% | 20.33% | 18.65% | 5.71% |
| Operating Profit Growth % | 0.11% | -14.18% | 23.11% | 9.62% | 24.03% | 6.91% | 9.12% | 27.31% | 13.20% | 5.12% |
| Net Profit Growth % | 10.93% | -29.51% | 29.00% | -13.40% | 68.50% | 19.78% | 11.27% | 26.67% | 12.29% | 2.67% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 26.67% | 12.29% | 2.67% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 8.39x | 7.12x | 4.93x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 1.73x | 1.45x | 0.95x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 3.55% | 4.19% | 6.08% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 11.71x | 11.18x | 10.40x |
Mar 2017
- EPS (₹)
- 31.97
- Book Value (₹)
- 170.49
- Dividend per Share (₹)
- 9.65
- Cash EPS (₹)
- 24.13
- Operating Margin %
- 92.89%
- Net Margin %
- 26.09%
- ROE %
- 20.18%
- ROCE %
- 11.23%
- 3.01%
- Debtor Days
- 5
- Inventory Days
- 1
- Payable Days
- 172
- -166
- Debt to Equity (x)
- 4.99x
- Interest Coverage (x)
- 1.67x
- 0.40x
- Revenue Growth %
- 0.76%
- Operating Profit Growth %
- 0.11%
- Net Profit Growth %
- 10.93%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 22.54
- Book Value (₹)
- 165.01
- Dividend per Share (₹)
- 9.15
- Cash EPS (₹)
- 16.93
- Operating Margin %
- 85.15%
- Net Margin %
- 19.65%
- ROE %
- 13.43%
- ROCE %
- 8.80%
- 1.96%
- Debtor Days
- 5
- Inventory Days
- 0
- Payable Days
- 0
- 5
- Debt to Equity (x)
- 6.27x
- Interest Coverage (x)
- 1.45x
- 0.69x
- Revenue Growth %
- -6.38%
- Operating Profit Growth %
- -14.18%
- Net Profit Growth %
- -29.51%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 29.07
- Book Value (₹)
- 174.93
- Dividend per Share (₹)
- 11.00
- Cash EPS (₹)
- 21.84
- Operating Margin %
- 93.49%
- Net Margin %
- 22.60%
- ROE %
- 17.10%
- ROCE %
- 9.21%
- 2.13%
- Debtor Days
- 2
- Inventory Days
- 0
- Payable Days
- 0
- 2
- Debt to Equity (x)
- 7.07x
- Interest Coverage (x)
- 1.52x
- 0.14x
- Revenue Growth %
- 12.13%
- Operating Profit Growth %
- 23.11%
- Net Profit Growth %
- 29.00%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 25.18
- Book Value (₹)
- 179.23
- Dividend per Share (₹)
- 11.00
- Cash EPS (₹)
- 18.93
- Operating Margin %
- 86.91%
- Net Margin %
- 16.60%
- ROE %
- 14.22%
- ROCE %
- 8.67%
- 1.54%
- Debtor Days
- 2
- Inventory Days
- 0
- Payable Days
- 0
- 2
- Debt to Equity (x)
- 8.09x
- Interest Coverage (x)
- 1.37x
- 0.21x
- Revenue Growth %
- 17.92%
- Operating Profit Growth %
- 9.62%
- Net Profit Growth %
- -13.40%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 42.42
- Book Value (₹)
- 218.77
- Dividend per Share (₹)
- 12.71
- Cash EPS (₹)
- 31.86
- Operating Margin %
- 90.81%
- Net Margin %
- 23.57%
- ROE %
- 21.32%
- ROCE %
- 9.28%
- 2.24%
- Debtor Days
- 1
- Inventory Days
- 0
- Payable Days
- 0
- 1
- Debt to Equity (x)
- 7.53x
- Interest Coverage (x)
- 1.50x
- 0.19x
- Revenue Growth %
- 18.70%
- Operating Profit Growth %
- 24.03%
- Net Profit Growth %
- 68.50%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 50.82
- Book Value (₹)
- 257.00
- Dividend per Share (₹)
- 15.30
- Cash EPS (₹)
- 38.18
- Operating Margin %
- 87.89%
- Net Margin %
- 25.56%
- ROE %
- 21.36%
- ROCE %
- 9.10%
- 2.47%
- Debtor Days
- 1
- Inventory Days
- 0
- Payable Days
- 0
- 1
- Debt to Equity (x)
- 6.49x
- Interest Coverage (x)
- 1.56x
- 0.23x
- Revenue Growth %
- 10.45%
- Operating Profit Growth %
- 6.91%
- Net Profit Growth %
- 19.78%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 42.41
- Book Value (₹)
- 218.60
- Dividend per Share (₹)
- 12.60
- Cash EPS (₹)
- 42.50
- Operating Margin %
- 95.40%
- Net Margin %
- 28.29%
- ROE %
- 20.62%
- ROCE %
- 9.14%
- 2.55%
- Debtor Days
- 1
- Inventory Days
- 0
- Payable Days
- 0
- 1
- Debt to Equity (x)
- 6.55x
- Interest Coverage (x)
- 1.59x
- 0.26x
- Revenue Growth %
- 0.53%
- Operating Profit Growth %
- 9.12%
- Net Profit Growth %
- 11.27%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 53.72
- Book Value (₹)
- 261.25
- Dividend per Share (₹)
- 16.00
- Cash EPS (₹)
- 53.81
- Operating Margin %
- 97.89%
- Net Margin %
- 29.78%
- ROE %
- 22.39%
- ROCE %
- 10.05%
- 2.79%
- Debtor Days
- 1
- Inventory Days
- 0
- Payable Days
- 0
- 1
- Debt to Equity (x)
- 6.42x
- Interest Coverage (x)
- 1.60x
- 0.18x
- Revenue Growth %
- 20.33%
- Operating Profit Growth %
- 27.31%
- Net Profit Growth %
- 26.67%
- 26.67%
- P/E (x)
- 8.39x
- P/B (x)
- 1.73x
- Dividend Yield %
- 3.55%
- 11.71x
Mar 2025
- EPS (₹)
- 60.32
- Book Value (₹)
- 295.52
- Dividend per Share (₹)
- 18.00
- Cash EPS (₹)
- 60.42
- Operating Margin %
- 96.18%
- Net Margin %
- 28.18%
- ROE %
- 21.67%
- ROCE %
- 9.96%
- 2.74%
- Debtor Days
- 1
- Inventory Days
- 0
- Payable Days
- 0
- 1
- Debt to Equity (x)
- 6.33x
- Interest Coverage (x)
- 1.59x
- 0.11x
- Revenue Growth %
- 18.65%
- Operating Profit Growth %
- 13.20%
- Net Profit Growth %
- 12.29%
- 12.29%
- P/E (x)
- 7.12x
- P/B (x)
- 1.45x
- Dividend Yield %
- 4.19%
- 11.18x
Mar 2026
- EPS (₹)
- 61.93
- Book Value (₹)
- 320.88
- Dividend per Share (₹)
- 18.55
- Cash EPS (₹)
- 62.04
- Operating Margin %
- 95.69%
- Net Margin %
- 27.37%
- ROE %
- 20.09%
- ROCE %
- 9.71%
- 2.61%
- Debtor Days
- 2
- Inventory Days
- 0
- Payable Days
- 0
- 2
- Debt to Equity (x)
- 6.05x
- Interest Coverage (x)
- 1.57x
- 0.50x
- Revenue Growth %
- 5.71%
- Operating Profit Growth %
- 5.12%
- Net Profit Growth %
- 2.67%
- 2.67%
- P/E (x)
- 4.93x
- P/B (x)
- 0.95x
- Dividend Yield %
- 6.08%
- 10.40x
Documents
Announcements
- General Updates
2026-08-14 - Intimation of sale and transfer of project specific SPV /Subsidiary.
- Change in Management
2026-08-04 - REC Limited has informed the Exchange about change in Senior Management.
Annual Reports
Credit Ratings
Nothing filed yet.