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%
- Company has a good return on equity (ROE) track record: 3 Years ROE 21.4%
- Solid return on assets for a lender - ROA of 2.6%
- Company has a consistent dividend-paying track record
- Offers a healthy dividend yield of 5.6%
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 | 363.95 | 4.61 | 120107.20 | 5.10 | 8997.92 | 0.18 | 28526.86 | 0.32 | 10.05 | 99.88 |
| 2. | IRFC | 86.42 | 0.00 | 112938.03 | 2.43 | 1927.21 | 10.40 | 8261.11 | 451.73 | 5.64 | 99.49 |
| 3. | RECLTD | 328.75 | 5.40 | 86567.24 | 5.64 | 4192.76 | -6.11 | 14434.92 | -1.51 | 9.71 | 96.90 |
| 4. | IFCI | 81.79 | 126.34 | 22036.80 | 0.00 | 60.27 | -3.46 | 327.06 | 4.79 | 11.51 | 57.66 |
| 5. | TFCILTD | 132.40 | 71.71 | 6129.82 | 0.45 | 18.38 | -8.25 | 51.00 | -17.46 | 11.13 | 90.10 |
| 6. | SATIN | 226.60 | 6.11 | 2503.27 | 0.00 | 122.65 | 171.94 | 762.14 | 7.70 | 12.15 | 62.96 |
| 7. | TRU | 4.21 | 0.00 | 50.04 | 0.00 | -10.58 | -16.29 | 11.27 | -62.55 | 3.48 | -79.12 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 10,976 | 11,576 | 11,982 | 12,613 | 13,023 | 13,571 | 14,157 | 15,159 | 14,646 | 15,084 | 14,911 | 14,386 | 14,296 | |
| 213 | -573 | 227 | -406 | 684 | 44 | 219 | 1,013 | 145 | 404 | 586 | 1,071 | 9,122 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 5 | 14 | 18 | 30 | 14 | 25 | 16 | 15 | 87 | 10 | 42 | 20 | 35 |
| Interest | 7,050 | 7,350 | 7,653 | 7,896 | 8,021 | 8,507 | 8,837 | 8,770 | 8,935 | 9,132 | 9,243 | 8,932 | 8,748 |
| Depreciation | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 7 | 7 | 7 | 7 | 7 |
| 3,712 | 4,807 | 4,114 | 5,148 | 4,326 | 5,040 | 5,110 | 5,385 | 5,647 | 5,553 | 5,116 | 4,397 | 5,209 | |
| Tax % | 20.24% | 21.51% | 20.54% | 21.98% | 20.42% | 20.52% | 21.15% | 21.33% | 21.18% | 20.29% | 20.98% | 23.53% | 20.35% |
| Net Profit | 2,961 | 3,773 | 3,269 | 4,016 | 3,442 | 4,005 | 4,029 | 4,236 | 4,451 | 4,426 | 4,043 | 3,362 | 4,149 |
| 11 | 14 | 12 | 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
- 10,976
- 213
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 7,050
- Depreciation
- 6
- 3,712
- Tax %
- 20.24%
- Net Profit
- 2,961
- 11
- Equity Capital
- 2,633
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 2,633
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 11,576
- -573
- Operating Profit
- —
- OPM %
- —
- Other Income
- 14
- Interest
- 7,350
- Depreciation
- 6
- 4,807
- Tax %
- 21.51%
- Net Profit
- 3,773
- 14
- Equity Capital
- 2,633
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 2,633
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 11,982
- 227
- Operating Profit
- —
- OPM %
- —
- Other Income
- 18
- Interest
- 7,653
- Depreciation
- 6
- 4,114
- Tax %
- 20.54%
- Net Profit
- 3,269
- 12
- Equity Capital
- 2,633
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 2,633
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 12,613
- -406
- Operating Profit
- —
- OPM %
- —
- Other Income
- 30
- Interest
- 7,896
- Depreciation
- 6
- 5,148
- Tax %
- 21.98%
- Net Profit
- 4,016
- 15
- Equity Capital
- 2,633
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 2,633
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 13,023
- 684
- Operating Profit
- —
- OPM %
- —
- Other Income
- 14
- Interest
- 8,021
- Depreciation
- 6
- 4,326
- Tax %
- 20.42%
- Net Profit
- 3,442
- 13
- Equity Capital
- 2,633
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 2,633
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 13,571
- 44
- Operating Profit
- —
- OPM %
- —
- Other Income
- 25
- Interest
- 8,507
- Depreciation
- 6
- 5,040
- Tax %
- 20.52%
- Net Profit
- 4,005
- 15
- Equity Capital
- 2,633
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 2,633
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 14,157
- 219
- Operating Profit
- —
- OPM %
- —
- Other Income
- 16
- Interest
- 8,837
- Depreciation
- 6
- 5,110
- Tax %
- 21.15%
- Net Profit
- 4,029
- 15
- Equity Capital
- 2,633
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 2,633
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 15,159
- 1,013
- Operating Profit
- —
- OPM %
- —
- Other Income
- 15
- Interest
- 8,770
- Depreciation
- 6
- 5,385
- Tax %
- 21.33%
- Net Profit
- 4,236
- 16
- Equity Capital
- 2,633
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 2,633
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 14,646
- 145
- Operating Profit
- —
- OPM %
- —
- Other Income
- 87
- Interest
- 8,935
- Depreciation
- 7
- 5,647
- Tax %
- 21.18%
- Net Profit
- 4,451
- 17
- Equity Capital
- 2,633
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 2,633
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 15,084
- 404
- Operating Profit
- —
- OPM %
- —
- Other Income
- 10
- Interest
- 9,132
- Depreciation
- 7
- 5,553
- Tax %
- 20.29%
- Net Profit
- 4,426
- 17
- Equity Capital
- 2,633
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 2,633
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 14,911
- 586
- Operating Profit
- —
- OPM %
- —
- Other Income
- 42
- Interest
- 9,243
- Depreciation
- 7
- 5,116
- Tax %
- 20.98%
- Net Profit
- 4,043
- 15
- Equity Capital
- 2,633
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 2,633
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 14,386
- 1,071
- Operating Profit
- —
- OPM %
- —
- Other Income
- 20
- Interest
- 8,932
- Depreciation
- 7
- 4,397
- Tax %
- 23.53%
- Net Profit
- 3,362
- 13
- Equity Capital
- 2,633
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 2,633
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 14,296
- 9,122
- Operating Profit
- —
- OPM %
- —
- Other Income
- 35
- Interest
- 8,748
- Depreciation
- 7
- 5,209
- Tax %
- 20.35%
- Net Profit
- 4,149
- 2
- Equity Capital
- 2,633
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 2,633
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 23,587 | 22,455 | 25,310 | 29,813 | 35,388 | 39,132 | 39,208 | 47,146 | 55,911 | 59,140 | 58,677 | |
| 1,456 | 3,252 | 1,577 | 3,881 | 3,153 | 4,732 | 1,744 | 811 | 1,954 | 2,198 | 11,183 | |
| Operating Profit | 22,316 | 19,229 | 23,767 | 25,996 | 32,258 | 34,499 | 37,509 | 47,771 | 54,026 | 56,990 | — |
| OPM % | 95 | 86 | 94 | 87 | 91 | 88 | 96 | 101 | 97 | 96 | — |
| Other Income | 185 | 26 | 34 | 64 | 23 | 98 | 45 | 1,435 | 68 | 47 | 108 |
| Interest | 13,450 | 13,339 | 15,660 | 19,003 | 21,492 | 22,056 | 23,746 | 29,966 | 34,142 | 36,250 | 36,055 |
| Depreciation | 5 | 6 | 7 | 10 | 10 | 18 | 24 | 24 | 24 | 27 | 27 |
| 8,861 | 5,884 | 8,100 | 6,983 | 10,756 | 12,425 | 13,739 | 17,781 | 19,860 | 20,713 | 20,276 | |
| Tax % | 30 | 25 | 29 | 30 | 22 | 19 | 20 | 21 | 21 | 21 | 21 |
| Net Profit | 6,246 | 4,420 | 5,764 | 4,886 | 8,362 | 10,046 | 11,055 | 14,019 | 15,713 | 16,282 | 15,981 |
| EPS | 32 | 22 | 29 | 25 | 42 | 38 | 42 | 53 | 60 | 62 | — |
| Dividend Payout % | 31 | 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 | 53 | 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 | 53 | 60 | 62 | — |
Mar 2017
- 23,587
- 1,456
- Operating Profit
- 22,316
- OPM %
- 95
- Other Income
- 185
- Interest
- 13,450
- Depreciation
- 5
- 8,861
- Tax %
- 30
- Net Profit
- 6,246
- EPS
- 32
- Dividend Payout %
- 31
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 24
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 24
Mar 2018
- 22,455
- 3,252
- Operating Profit
- 19,229
- OPM %
- 86
- Other Income
- 26
- Interest
- 13,339
- Depreciation
- 6
- 5,884
- Tax %
- 25
- Net Profit
- 4,420
- EPS
- 22
- 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
- 25,310
- 1,577
- Operating Profit
- 23,767
- OPM %
- 94
- Other Income
- 34
- Interest
- 15,660
- Depreciation
- 7
- 8,100
- Tax %
- 29
- Net Profit
- 5,764
- 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
- 29,813
- 3,881
- Operating Profit
- 25,996
- OPM %
- 87
- Other Income
- 64
- Interest
- 19,003
- Depreciation
- 10
- 6,983
- Tax %
- 30
- Net Profit
- 4,886
- 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
- 35,388
- 3,153
- Operating Profit
- 32,258
- OPM %
- 91
- Other Income
- 23
- Interest
- 21,492
- Depreciation
- 10
- 10,756
- Tax %
- 22
- Net Profit
- 8,362
- 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
- 39,132
- 4,732
- Operating Profit
- 34,499
- OPM %
- 88
- Other Income
- 98
- Interest
- 22,056
- Depreciation
- 18
- 12,425
- Tax %
- 19
- Net Profit
- 10,046
- 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
- 39,208
- 1,744
- Operating Profit
- 37,509
- OPM %
- 96
- Other Income
- 45
- Interest
- 23,746
- Depreciation
- 24
- 13,739
- Tax %
- 20
- Net Profit
- 11,055
- 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
- 47,146
- 811
- Operating Profit
- 47,771
- OPM %
- 101
- Other Income
- 1,435
- Interest
- 29,966
- Depreciation
- 24
- 17,781
- Tax %
- 21
- Net Profit
- 14,019
- EPS
- 53
- Dividend Payout %
- 30
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 53
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 53
Mar 2025
- 55,911
- 1,954
- Operating Profit
- 54,026
- OPM %
- 97
- Other Income
- 68
- Interest
- 34,142
- Depreciation
- 24
- 19,860
- Tax %
- 21
- Net Profit
- 15,713
- 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
- 59,140
- 2,198
- Operating Profit
- 56,990
- OPM %
- 96
- Other Income
- 47
- Interest
- 36,250
- Depreciation
- 27
- 20,713
- Tax %
- 21
- Net Profit
- 16,282
- 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
- 58,677
- 11,183
- Operating Profit
- —
- OPM %
- —
- Other Income
- 108
- Interest
- 36,055
- Depreciation
- 27
- 20,276
- Tax %
- 21
- Net Profit
- 15,981
- 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:
- 14%
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
Standalone Figures in Rs. Crores / View Consolidated
| 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 |
| 31,351 | 30,328 | 32,328 | 33,102 | 40,893 | 48,452 | 54,488 | 65,592 | 74,446 | 81,099 | |
| 0 | 5,428 | 11,087 | 11,606 | 18,537 | 11,277 | 19,123 | 36,623 | 41,425 | 12,086 | |
| Trade Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7 | 11 | 8 |
| 1,78,525 | 2,03,213 | 2,51,777 | 2,99,391 | 3,39,155 | 3,48,692 | 3,88,012 | 4,43,317 | 4,96,188 | 5,43,442 | |
| Total Liabilities | 2,11,851 | 2,40,944 | 2,97,167 | 3,46,073 | 4,00,560 | 4,10,396 | 4,64,256 | 5,48,173 | 6,14,703 | 6,39,268 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 121 | 128 | 162 | 162 | 266 | 628 | 641 | 631 | 580 | 567 | |
| Capital Work in Progress | 59 | 127 | 197 | 288 | 336 | 6 | 3 | 24 | 76 | 128 |
| 2,696 | 2,825 | 2,398 | 2,313 | 1,910 | 2,158 | 3,138 | 5,320 | 6,642 | 9,799 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Cash & Bank | 4,490 | 1,782 | 1,596 | 3,700 | 3,070 | 2,422 | 1,987 | 2,499 | 1,750 | 927 |
| 2,04,484 | 2,36,082 | 2,92,813 | 3,39,610 | 3,94,979 | 4,05,182 | 4,58,488 | 5,39,699 | 6,05,656 | 6,27,847 | |
| Total Assets | 2,11,851 | 2,40,944 | 2,97,167 | 3,46,073 | 4,00,560 | 4,10,396 | 4,64,256 | 5,48,173 | 6,14,703 | 6,39,268 |
| Total Debt | 1,67,517 | 2,04,439 | 2,44,321 | 2,86,340 | 3,29,782 | 3,33,102 | 3,80,836 | 4,45,614 | 4,96,289 | 5,14,772 |
| Net Working Capital | -15,173 | -3,348 | -26,512 | -29,390 | -39,663 | -29,253 | -33,932 | -40,018 | -50,928 | -8,526 |
| Contingent Liabilities | 259 | 108 | 117 | 152 | 2,620 | 4,241 | 3,623 | 6,547 | 8,672 | 6,856 |
| Book Value per Share | 168.74 | 163.57 | 173.69 | 177.61 | 217.06 | 255.34 | 216.93 | 259.09 | 292.72 | 317.98 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 1,67,517 | 2,04,439 | 2,44,321 | 2,86,340 | 3,29,782 | 3,33,102 | 3,80,836 | 4,45,614 | 4,96,289 | 5,14,772 |
| Net Working Capital | -15,173 | -3,348 | -26,512 | -29,390 | -39,663 | -29,253 | -33,932 | -40,018 | -50,928 | -8,526 |
| Contingent Liabilities | 259 | 108 | 117 | 152 | 2,620 | 4,241 | 3,623 | 6,547 | 8,672 | 6,856 |
| Book Value per Share | 168.74 | 163.57 | 173.69 | 177.61 | 217.06 | 255.34 | 216.93 | 259.09 | 292.72 | 317.98 |
| 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
- 31,351
- 0
- Trade Payables
- 0
- 1,78,525
- Total Liabilities
- 2,11,851
- 121
- Capital Work in Progress
- 59
- 2,696
- 0
- Cash & Bank
- 4,490
- 2,04,484
- Total Assets
- 2,11,851
- Total Debt
- 1,67,517
- Net Working Capital
- -15,173
- Contingent Liabilities
- 259
- Book Value per Share
- 168.74
- Face Value
- 10.00
- Total Debt
- 1,67,517
- Net Working Capital
- -15,173
- Contingent Liabilities
- 259
- Book Value per Share
- 168.74
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 1,975
- 30,328
- 5,428
- Trade Payables
- 0
- 2,03,213
- Total Liabilities
- 2,40,944
- 128
- Capital Work in Progress
- 127
- 2,825
- 0
- Cash & Bank
- 1,782
- 2,36,082
- Total Assets
- 2,40,944
- Total Debt
- 2,04,439
- Net Working Capital
- -3,348
- Contingent Liabilities
- 108
- Book Value per Share
- 163.57
- Face Value
- 10.00
- Total Debt
- 2,04,439
- Net Working Capital
- -3,348
- Contingent Liabilities
- 108
- Book Value per Share
- 163.57
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 1,975
- 32,328
- 11,087
- Trade Payables
- 0
- 2,51,777
- Total Liabilities
- 2,97,167
- 162
- Capital Work in Progress
- 197
- 2,398
- 0
- Cash & Bank
- 1,596
- 2,92,813
- Total Assets
- 2,97,167
- Total Debt
- 2,44,321
- Net Working Capital
- -26,512
- Contingent Liabilities
- 117
- Book Value per Share
- 173.69
- Face Value
- 10.00
- Total Debt
- 2,44,321
- Net Working Capital
- -26,512
- Contingent Liabilities
- 117
- Book Value per Share
- 173.69
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 1,975
- 33,102
- 11,606
- Trade Payables
- 0
- 2,99,391
- Total Liabilities
- 3,46,073
- 162
- Capital Work in Progress
- 288
- 2,313
- 0
- Cash & Bank
- 3,700
- 3,39,610
- Total Assets
- 3,46,073
- Total Debt
- 2,86,340
- Net Working Capital
- -29,390
- Contingent Liabilities
- 152
- Book Value per Share
- 177.61
- Face Value
- 10.00
- Total Debt
- 2,86,340
- Net Working Capital
- -29,390
- Contingent Liabilities
- 152
- Book Value per Share
- 177.61
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 1,975
- 40,893
- 18,537
- Trade Payables
- 0
- 3,39,155
- Total Liabilities
- 4,00,560
- 266
- Capital Work in Progress
- 336
- 1,910
- 0
- Cash & Bank
- 3,070
- 3,94,979
- Total Assets
- 4,00,560
- Total Debt
- 3,29,782
- Net Working Capital
- -39,663
- Contingent Liabilities
- 2,620
- Book Value per Share
- 217.06
- Face Value
- 10.00
- Total Debt
- 3,29,782
- Net Working Capital
- -39,663
- Contingent Liabilities
- 2,620
- Book Value per Share
- 217.06
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 1,975
- 48,452
- 11,277
- Trade Payables
- 0
- 3,48,692
- Total Liabilities
- 4,10,396
- 628
- Capital Work in Progress
- 6
- 2,158
- 0
- Cash & Bank
- 2,422
- 4,05,182
- Total Assets
- 4,10,396
- Total Debt
- 3,33,102
- Net Working Capital
- -29,253
- Contingent Liabilities
- 4,241
- Book Value per Share
- 255.34
- Face Value
- 10.00
- Total Debt
- 3,33,102
- Net Working Capital
- -29,253
- Contingent Liabilities
- 4,241
- Book Value per Share
- 255.34
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 2,633
- 54,488
- 19,123
- Trade Payables
- 0
- 3,88,012
- Total Liabilities
- 4,64,256
- 641
- Capital Work in Progress
- 3
- 3,138
- 0
- Cash & Bank
- 1,987
- 4,58,488
- Total Assets
- 4,64,256
- Total Debt
- 3,80,836
- Net Working Capital
- -33,932
- Contingent Liabilities
- 3,623
- Book Value per Share
- 216.93
- Face Value
- 10.00
- Total Debt
- 3,80,836
- Net Working Capital
- -33,932
- Contingent Liabilities
- 3,623
- Book Value per Share
- 216.93
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 2,633
- 65,592
- 36,623
- Trade Payables
- 7
- 4,43,317
- Total Liabilities
- 5,48,173
- 631
- Capital Work in Progress
- 24
- 5,320
- 0
- Cash & Bank
- 2,499
- 5,39,699
- Total Assets
- 5,48,173
- Total Debt
- 4,45,614
- Net Working Capital
- -40,018
- Contingent Liabilities
- 6,547
- Book Value per Share
- 259.09
- Face Value
- 10.00
- Total Debt
- 4,45,614
- Net Working Capital
- -40,018
- Contingent Liabilities
- 6,547
- Book Value per Share
- 259.09
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 2,633
- 74,446
- 41,425
- Trade Payables
- 11
- 4,96,188
- Total Liabilities
- 6,14,703
- 580
- Capital Work in Progress
- 76
- 6,642
- 0
- Cash & Bank
- 1,750
- 6,05,656
- Total Assets
- 6,14,703
- Total Debt
- 4,96,289
- Net Working Capital
- -50,928
- Contingent Liabilities
- 8,672
- Book Value per Share
- 292.72
- Face Value
- 10.00
- Total Debt
- 4,96,289
- Net Working Capital
- -50,928
- Contingent Liabilities
- 8,672
- Book Value per Share
- 292.72
- Face Value
- 10.00
Mar 2026
- Equity Capital
- 2,633
- 81,099
- 12,086
- Trade Payables
- 8
- 5,43,442
- Total Liabilities
- 6,39,268
- 567
- Capital Work in Progress
- 128
- 9,799
- 0
- Cash & Bank
- 927
- 6,27,847
- Total Assets
- 6,39,268
- Total Debt
- 5,14,772
- Net Working Capital
- -8,526
- Contingent Liabilities
- 6,856
- Book Value per Share
- 317.98
- Face Value
- 10.00
- Total Debt
- 5,14,772
- Net Working Capital
- -8,526
- Contingent Liabilities
- 6,856
- Book Value per Share
- 317.98
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 6,794 | -32,778 | -36,013 | -32,448 | -43,520 | -872 | -37,482 | -57,885 | -39,182 | 5,914 | |
| Cash from Investing | 139 | 288 | 585 | -136 | 864 | -210 | -804 | -1,875 | -1,146 | -3,319 |
| Cash from Financing | -4,173 | 28,236 | 35,559 | 33,919 | 42,119 | 68 | 38,111 | 59,588 | 40,034 | -2,375 |
| 2,760 | -4,254 | 131 | 1,335 | -538 | -1,014 | -175 | -173 | -295 | 220 | |
| Free Cash Flow | 6,763 | -32,857 | -36,123 | -32,538 | -43,675 | -919 | -37,506 | -57,913 | -39,190 | 5,859 |
| OCF / Net Profit | 1.09 | -7.42 | -6.25 | -6.64 | -5.20 | -0.09 | -3.39 | -4.13 | -2.49 | 0.36 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -1,38,430 | -1,46,111 | -1,50,760 | -1,72,551 | -1,79,203 | -1,29,669 |
| OCF / Net Profit | 1.09 | -7.42 | -6.25 | -6.64 | -5.20 | -0.09 | -3.39 | -4.13 | -2.49 | 0.36 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -1,38,430 | -1,46,111 | -1,50,760 | -1,72,551 | -1,79,203 | -1,29,669 |
Mar 2017
- 6,794
- Cash from Investing
- 139
- Cash from Financing
- -4,173
- 2,760
- Free Cash Flow
- 6,763
- OCF / Net Profit
- 1.09
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.09
- Cumulative 5-Year FCF
- 0
Mar 2018
- -32,778
- Cash from Investing
- 288
- Cash from Financing
- 28,236
- -4,254
- Free Cash Flow
- -32,857
- OCF / Net Profit
- -7.42
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -7.42
- Cumulative 5-Year FCF
- 0
Mar 2019
- -36,013
- Cash from Investing
- 585
- Cash from Financing
- 35,559
- 131
- Free Cash Flow
- -36,123
- OCF / Net Profit
- -6.25
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -6.25
- Cumulative 5-Year FCF
- 0
Mar 2020
- -32,448
- Cash from Investing
- -136
- Cash from Financing
- 33,919
- 1,335
- Free Cash Flow
- -32,538
- OCF / Net Profit
- -6.64
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -6.64
- Cumulative 5-Year FCF
- 0
Mar 2021
- -43,520
- Cash from Investing
- 864
- Cash from Financing
- 42,119
- -538
- Free Cash Flow
- -43,675
- OCF / Net Profit
- -5.20
- Cumulative 5-Year FCF
- -1,38,430
- OCF / Net Profit
- -5.20
- Cumulative 5-Year FCF
- -1,38,430
Mar 2022
- -872
- Cash from Investing
- -210
- Cash from Financing
- 68
- -1,014
- Free Cash Flow
- -919
- OCF / Net Profit
- -0.09
- Cumulative 5-Year FCF
- -1,46,111
- OCF / Net Profit
- -0.09
- Cumulative 5-Year FCF
- -1,46,111
Mar 2023
- -37,482
- Cash from Investing
- -804
- Cash from Financing
- 38,111
- -175
- Free Cash Flow
- -37,506
- OCF / Net Profit
- -3.39
- Cumulative 5-Year FCF
- -1,50,760
- OCF / Net Profit
- -3.39
- Cumulative 5-Year FCF
- -1,50,760
Mar 2024
- -57,885
- Cash from Investing
- -1,875
- Cash from Financing
- 59,588
- -173
- Free Cash Flow
- -57,913
- OCF / Net Profit
- -4.13
- Cumulative 5-Year FCF
- -1,72,551
- OCF / Net Profit
- -4.13
- Cumulative 5-Year FCF
- -1,72,551
Mar 2025
- -39,182
- Cash from Investing
- -1,146
- Cash from Financing
- 40,034
- -295
- Free Cash Flow
- -39,190
- OCF / Net Profit
- -2.49
- Cumulative 5-Year FCF
- -1,79,203
- OCF / Net Profit
- -2.49
- Cumulative 5-Year FCF
- -1,79,203
Mar 2026
- 5,914
- Cash from Investing
- -3,319
- Cash from Financing
- -2,375
- 220
- Free Cash Flow
- 5,859
- OCF / Net Profit
- 0.36
- Cumulative 5-Year FCF
- -1,29,669
- OCF / Net Profit
- 0.36
- Cumulative 5-Year FCF
- -1,29,669
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 31.63 | 22.38 | 29.18 | 24.74 | 42.34 | 50.87 | 41.98 | 53.24 | 59.67 | 61.83 |
| Book Value (₹) | 168.74 | 163.57 | 173.69 | 177.61 | 217.06 | 255.34 | 216.93 | 259.09 | 292.72 | 317.98 |
| 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 (₹) | 23.74 | 16.81 | 21.92 | 18.59 | 31.79 | 38.22 | 42.07 | 53.33 | 59.77 | 61.94 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 94.61% | 85.63% | 93.91% | 87.20% | 91.15% | 88.16% | 95.67% | 98.28% | 96.51% | 96.28% |
| Net Margin % | 26.48% | 19.68% | 22.77% | 16.39% | 23.63% | 25.67% | 28.19% | 29.74% | 28.10% | 27.53% |
| ROE % | 20.17% | 13.47% | 17.31% | 14.09% | 21.46% | 21.54% | 20.56% | 22.37% | 21.63% | 20.25% |
| ROCE % | 11.20% | 8.79% | 9.22% | 8.66% | 9.29% | 9.11% | 9.11% | 10.02% | 9.92% | 9.71% |
| 2.94% | 1.95% | 2.14% | 1.52% | 2.24% | 2.48% | 2.53% | 2.77% | 2.70% | 2.60% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventory Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 5.03x | 6.33x | 7.12x | 8.16x | 7.59x | 6.53x | 6.60x | 6.48x | 6.39x | 6.11x |
| Interest Coverage (x) | 1.66x | 1.44x | 1.52x | 1.37x | 1.50x | 1.56x | 1.58x | 1.59x | 1.58x | 1.57x |
| 0.38x | 0.67x | 0.12x | 0.20x | 0.18x | 0.22x | 0.25x | 0.17x | 0.09x | 0.45x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | -0.22% | -4.80% | 12.71% | 17.79% | 18.70% | 10.58% | 0.19% | 20.25% | 18.59% | 5.78% |
| Operating Profit Growth % | -0.08% | -13.84% | 23.60% | 9.38% | 24.09% | 6.95% | 8.72% | 27.36% | 13.09% | 5.49% |
| Net Profit Growth % | 10.98% | -29.23% | 30.40% | -15.23% | 71.13% | 20.14% | 10.04% | 26.82% | 12.08% | 3.62% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 26.82% | 12.08% | 3.62% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 8.47x | 7.20x | 4.93x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 1.74x | 1.47x | 0.96x |
| 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 | 11.76x | 11.25x | 10.43x |
Mar 2017
- EPS (₹)
- 31.63
- Book Value (₹)
- 168.74
- Dividend per Share (₹)
- 9.65
- Cash EPS (₹)
- 23.74
- Operating Margin %
- 94.61%
- Net Margin %
- 26.48%
- ROE %
- 20.17%
- ROCE %
- 11.20%
- 2.94%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 5.03x
- Interest Coverage (x)
- 1.66x
- 0.38x
- Revenue Growth %
- -0.22%
- Operating Profit Growth %
- -0.08%
- Net Profit Growth %
- 10.98%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 22.38
- Book Value (₹)
- 163.57
- Dividend per Share (₹)
- 9.15
- Cash EPS (₹)
- 16.81
- Operating Margin %
- 85.63%
- Net Margin %
- 19.68%
- ROE %
- 13.47%
- ROCE %
- 8.79%
- 1.95%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 6.33x
- Interest Coverage (x)
- 1.44x
- 0.67x
- Revenue Growth %
- -4.80%
- Operating Profit Growth %
- -13.84%
- Net Profit Growth %
- -29.23%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 29.18
- Book Value (₹)
- 173.69
- Dividend per Share (₹)
- 11.00
- Cash EPS (₹)
- 21.92
- Operating Margin %
- 93.91%
- Net Margin %
- 22.77%
- ROE %
- 17.31%
- ROCE %
- 9.22%
- 2.14%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 7.12x
- Interest Coverage (x)
- 1.52x
- 0.12x
- Revenue Growth %
- 12.71%
- Operating Profit Growth %
- 23.60%
- Net Profit Growth %
- 30.40%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 24.74
- Book Value (₹)
- 177.61
- Dividend per Share (₹)
- 11.00
- Cash EPS (₹)
- 18.59
- Operating Margin %
- 87.20%
- Net Margin %
- 16.39%
- ROE %
- 14.09%
- ROCE %
- 8.66%
- 1.52%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 8.16x
- Interest Coverage (x)
- 1.37x
- 0.20x
- Revenue Growth %
- 17.79%
- Operating Profit Growth %
- 9.38%
- Net Profit Growth %
- -15.23%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 42.34
- Book Value (₹)
- 217.06
- Dividend per Share (₹)
- 12.71
- Cash EPS (₹)
- 31.79
- Operating Margin %
- 91.15%
- Net Margin %
- 23.63%
- ROE %
- 21.46%
- ROCE %
- 9.29%
- 2.24%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 7.59x
- Interest Coverage (x)
- 1.50x
- 0.18x
- Revenue Growth %
- 18.70%
- Operating Profit Growth %
- 24.09%
- Net Profit Growth %
- 71.13%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 50.87
- Book Value (₹)
- 255.34
- Dividend per Share (₹)
- 15.30
- Cash EPS (₹)
- 38.22
- Operating Margin %
- 88.16%
- Net Margin %
- 25.67%
- ROE %
- 21.54%
- ROCE %
- 9.11%
- 2.48%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 6.53x
- Interest Coverage (x)
- 1.56x
- 0.22x
- Revenue Growth %
- 10.58%
- Operating Profit Growth %
- 6.95%
- Net Profit Growth %
- 20.14%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 41.98
- Book Value (₹)
- 216.93
- Dividend per Share (₹)
- 12.60
- Cash EPS (₹)
- 42.07
- Operating Margin %
- 95.67%
- Net Margin %
- 28.19%
- ROE %
- 20.56%
- ROCE %
- 9.11%
- 2.53%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 6.60x
- Interest Coverage (x)
- 1.58x
- 0.25x
- Revenue Growth %
- 0.19%
- Operating Profit Growth %
- 8.72%
- Net Profit Growth %
- 10.04%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 53.24
- Book Value (₹)
- 259.09
- Dividend per Share (₹)
- 16.00
- Cash EPS (₹)
- 53.33
- Operating Margin %
- 98.28%
- Net Margin %
- 29.74%
- ROE %
- 22.37%
- ROCE %
- 10.02%
- 2.77%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 6.48x
- Interest Coverage (x)
- 1.59x
- 0.17x
- Revenue Growth %
- 20.25%
- Operating Profit Growth %
- 27.36%
- Net Profit Growth %
- 26.82%
- 26.82%
- P/E (x)
- 8.47x
- P/B (x)
- 1.74x
- Dividend Yield %
- 3.55%
- 11.76x
Mar 2025
- EPS (₹)
- 59.67
- Book Value (₹)
- 292.72
- Dividend per Share (₹)
- 18.00
- Cash EPS (₹)
- 59.77
- Operating Margin %
- 96.51%
- Net Margin %
- 28.10%
- ROE %
- 21.63%
- ROCE %
- 9.92%
- 2.70%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 6.39x
- Interest Coverage (x)
- 1.58x
- 0.09x
- Revenue Growth %
- 18.59%
- Operating Profit Growth %
- 13.09%
- Net Profit Growth %
- 12.08%
- 12.08%
- P/E (x)
- 7.20x
- P/B (x)
- 1.47x
- Dividend Yield %
- 4.19%
- 11.25x
Mar 2026
- EPS (₹)
- 61.83
- Book Value (₹)
- 317.98
- Dividend per Share (₹)
- 18.55
- Cash EPS (₹)
- 61.94
- Operating Margin %
- 96.28%
- Net Margin %
- 27.53%
- ROE %
- 20.25%
- ROCE %
- 9.71%
- 2.60%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 6.11x
- Interest Coverage (x)
- 1.57x
- 0.45x
- Revenue Growth %
- 5.78%
- Operating Profit Growth %
- 5.49%
- Net Profit Growth %
- 3.62%
- 3.62%
- P/E (x)
- 4.93x
- P/B (x)
- 0.96x
- Dividend Yield %
- 6.08%
- 10.43x
Documents
Announcements
- General Updates
2026-08-21 - Intimation of sale and transfer of project specific SPV/Subsidiary .
- General Updates
2026-08-14 - Intimation of sale and transfer of project specific SPV /Subsidiary.
Annual Reports
Credit Ratings
Nothing filed yet.