REC LimitedRECLTDBank / NBFC

Financial Services Credit Services Latest results: Jun 2026 15 quarters of data

₹307.80

MCap ₹81,051 Cr · P/E 5.1

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AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.

₹14,435 Cr

Interest Earned · Jun 2026

-0.5% YoY

₹5,268 Cr

Operating Profit · Jun 2026

+4.2% YoY

₹4,193 Cr

Net Profit · Jun 2026

-6.1% YoY

₹15.92

EPS · Jun 2026

-6.1% YoY

—

Gross NPA % · Jun 2026

—

Net NPA % · Jun 2026

📝 REC Limited — results explained

Quarter ended June 2026 (Q1 FY27)

REC Limited reported total income of ₹14,469 crore for the quarter ended June 2026 (Q1 FY27), down 2.4% from ₹14,824 crore in the same quarter last year, and down 0.8% sequentially over the March 2026 quarter.

Of this, interest earned contributed ₹14,435 crore and other income ₹35 crore. Net interest income (interest earned minus interest expended of ₹8,748 crore) worked out to ₹5,687 crore.

Net profit fell 6.1% year-on-year to ₹4,193 crore, from ₹4,466 crore. Earnings per share (EPS) came in at ₹15.92.

Full year and trailing twelve months

For the full year FY26, REC Limited posted total income of ₹59,629 crore, a growth of 5.7% over FY25, with a net profit of ₹16,308 crore (up 2.7% year-on-year).

On a trailing-twelve-month (TTM) basis, total income stands at ₹59,274 crore with a net profit of ₹16,035 crore.

Valuation snapshot

At the current price of ₹307.80, RECLTD has a market capitalisation of ₹81,051 crore and a trailing P/E of about 5.1.

Within the Credit Services industry, it is the 7th-largest of the 23 companies we track by market value.

Shareholding pattern

As of Sep 2026, promoters held 52.63%, foreign institutional investors (FIIs) 16.78%, domestic institutional investors (DIIs) 16.55%, the government 0.05%, public shareholders 13.98% of REC Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore

🎯 Key metrics

price-linked ratios use the latest close

Valuation

Market Cap ?

₹81,051 Cr

Current Price ?

₹307.8

P/E ?

5.05below ind

Industry P/E ?

15.80

P/B ?

0.95

P/S ?

1.37

P/FCF ?

13.75

Enterprise Value ?

N/A

EV/EBITDA ?

N/A

PEG ?

0.39

Earnings Yield ?

19.8%

Dividend Yield ?

5.86%

Profitability & Returns

Total Income (TTM) ?

₹59,274 Cr

OPM ?

N/A

Profit after tax (TTM) ?

₹16,035 Cr

EPS (TTM) ?

₹60.90

ROCE ?

N/A

ROE ?

18.9%

ROA ?

2.5%

Gross NPA % ?

N/A

Net NPA % ?

N/A

Growth

Total Income — latest qtr ?

₹14,469 Cr

PAT — latest qtr ?

₹4,193 Cr

YoY qtr sales growth ?

-2.4%

YoY qtr profit growth ?

-6.1%

Sales growth (3y) ?

15%

Sales growth (5y) ?

11%

Profit growth (3y) ?

13%

Profit growth (5y) ?

14%

Financial Health

Debt ?

N/A

Debt to Equity ?

N/A

Interest Coverage ?

N/A

Current Ratio ?

N/A

Ownership

Promoter holding ?

52.63%

Change in promoter holding ?

0.00%

Pledged percentage ?

N/A

Market

Return 3 months ?

-13.3%

Return 6 months ?

-17.5%

🗓️ Quarterly results (15 quarters · ₹ Cr)

same fiscal quarter as Jun bestweakest per row · for costs (interest, NPAs) low is best Highlight

Metric	Dec 2022	Mar 2023	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	YoY %	QoQ %
Interest Earned	9,782	10,243	11,104	11,399	11,950	12,677	12,695	13,485	13,978	14,947	14,512	14,590	14,527	14,564	14,435	-0.5%	-0.9%
Other Income	14	12	4	302	122	29	397	221	309	401	312	572	532	20	35	-88.9%	+72.9%
Total Income	9,795	10,255	11,108	11,701	12,072	12,706	13,092	13,706	14,287	15,348	14,824	15,162	15,059	14,584	14,469	-2.4%	-0.8%
Interest Expended	6,134	6,496	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	-2.1%	-2.1%
Operating Profit	3,335	—	—	4,070	4,228	—	4,816	4,959	5,098	6,266	5,057	5,689	5,268	—	5,268	+4.2%	—
Provisions	-275	—	—	-767	56	—	467	-138	-83	776	-610	140	114	—	—	—	—
Profit Before Tax	3,610	3,901	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	-7.0%	+19.3%
Net Profit	2,915	3,065	2,968	3,790	3,308	4,079	3,460	4,038	4,076	4,310	4,466	4,415	4,052	3,375	4,193	-6.1%	+24.2%
EPS	11.07	11.64	11.27	14.39	12.56	15.49	13.14	15.33	15.48	16.24	16.96	16.77	15.39	12.82	15.92	-6.1%	+24.2%
Gross NPA %	—	—	3.28%	—	2.78%	—	—	—	—	—	1.05%	1.06%	0.88%	—	—	—	—
Net NPA %	—	—	0.97%	—	0.82%	—	—	—	—	—	0.24%	0.24%	0.20%	—	—	—	—
Capital Adequacy Ratio	—	—	27.60%	—	28.21%	—	—	—	—	—	23.98%	23.74%	24.26%	—	—	—	—

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric	FY25	FY26	TTM	YoY %
Interest Earned	₹55,105 Cr	₹58,193 Cr	₹58,115 Cr	+5.6%
Other Income	₹1,329 Cr	₹1,436 Cr	₹1,159 Cr	+8.1%
Total Income	₹56,434 Cr	₹59,629 Cr	₹59,274 Cr	+5.7%
Interest Expended	₹34,131 Cr	₹36,238 Cr	₹36,052 Cr	+6.2%
Net Interest Income	₹20,974 Cr	₹21,954 Cr	₹22,064 Cr	+4.7%
Operating Profit	₹21,139 Cr	₹16,014 Cr	₹16,225 Cr	-24.2%
Provisions	₹1,022 Cr	₹-356 Cr	₹253 Cr	-134.9%
Profit Before Tax	₹20,117 Cr	₹20,767 Cr	₹20,369 Cr	+3.2%
Tax	₹4,233 Cr	₹3,419 Cr	₹3,294 Cr	-19.2%
Net Profit	₹15,884 Cr	₹16,308 Cr	₹16,035 Cr	+2.7%
EPS	₹60.19	₹61.94	₹60.90	+2.9%

🏛️ Balance Sheet (latest 4 periods)

Metric	Mar 2023	Mar 2024	Mar 2025	Mar 2026	% Chg
Equity Capital	2,633	2,633	2,633	2,633	+0.0%
Reserves	55,487	66,717	75,743	82,421	+8.8%
Borrowing	380,790	445,568	496,243	514,725	+3.7%
Other Liabilities	26,592	33,273	39,883	40,378	+1.2%
Total Liabilities	465,503	548,191	614,502	640,158	+4.2%
Fixed Assets	641	632	629	616	-2.1%
CWIP	3	24	76	128	+68.4%
Investments	3,170	5,352	6,674	9,831	+47.3%
Other Assets	461,689	542,184	607,123	629,583	+3.7%
Total Assets	465,503	548,191	614,502	640,158	+4.2%

💧 Cash Flow (latest 4 periods)

Metric	Mar 2023	Mar 2024	Mar 2025	Mar 2026	% Chg
Cash from Operating Activity	-37,360	-57,723	-39,064	5,972	+115.3%
Cash from Investing Activity	-943	-1,831	-1,302	-3,308	-154.1%
Cash from Financing Activity	38,123	59,588	40,034	-2,375	-105.9%
Net Cash Flow	-180	34	-333	289	+186.8%
Free Cash Flow	-37,377	-57,756	-39,147	5,896	+115.1%
CFO/OP	-92%	-114%	-64%	17%	+126.6%

➗ Ratios (latest 4 periods)

Metric	Mar 2023	Mar 2024	Mar 2025	Mar 2026	% Chg
ROE %	20%	22%	22%	20%	-9.1%

👥 Shareholding (latest 5 periods)

Metric	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Sep 2026	% Chg
Promoters	52.63%	52.63%	52.63%	52.63%	52.63%	+0.0%
FIIs	19.16%	17.97%	16.46%	15.79%	16.78%	+6.3%
DIIs	15.51%	15.86%	16.21%	16.36%	16.55%	+1.2%
Government	0.05%	0.05%	0.05%	0.05%	0.05%	+0.0%
Public	12.65%	13.48%	14.64%	15.17%	13.98%	-7.8%
No. of Shareholders	11,26,511	11,54,542	11,79,931	12,08,647	11,48,579	-5.0%

⚖️ Peer comparison

Industry: Credit Services · 23 companies · full page →

#	Company	CMP	MCap (Cr)	P/E	Total Inc TTM	NP TTM	OPM%	NPM%	Inc YoY%	NP YoY%	Qtr Rev Δ%	Qtr NP Δ%
1	BAJFINANCE Bajaj Finance	₹1,034.50	643,553	31.7	86,183	20,648	21.1%	24.0%	18.4%	15.2%	18.7%	27.6%
2	SHRIRAMFIN Shriram Finance	₹1,028.60	242,034	21.1	50,068	11,318	27.5%	22.6%	15.1%	4.7%	16.3%	59.9%
3	CHOLAFIN Cholamandalam Investment	₹1,845.90	157,642	27.2	33,144	5,751	14.1%	17.4%	20.6%	22.7%	21.8%	45.6%
4	PFC Power Finance	₹353.45	116,642	4.5	115,462	33,642	28.0%	29.1%	8.4%	10.2%	-0.2%	0.2%
5	MUTHOOTFIN Muthoot Finance	₹2,792.10	112,094	10.6	31,349	10,606	33.7%	33.8%	54.4%	98.1%	65.1%	135.2%
6	IRFC Indian Railway	₹81.09	105,973	14.4	30,364	7,372	18.9%	24.3%	0.7%	7.8%	24.4%	10.2%
7	RECLTD REC	₹312.70	82,341	5.1	59,274	16,035	27.4%	27.1%	5.7%	2.7%	-2.4%	-6.1%
8	LTF L&T Finance	₹309.10	77,462	15.9	20,052	4,871	12.7%	24.3%	12.4%	67.1%	26.5%	32.4%
9	SBICARD SBI Cards	₹655.20	62,352	28.8	20,712	2,166	28.8%	10.5%	11.1%	13.1%	7.4%	14.0%
10	HDBFS HDB FINANCIAL	₹670.85	55,577	20.2	18,902	2,761	31.0%	14.6%	—	—	10.6%	38.3%
11	PIRAMALFIN PIRAMAL FINANCE	₹2,256.00	53,275	—	—	—	—	—	—	—	—	—
12	SUNDARMFIN Sundaram Finance	₹4,700.00	51,802	23.4	10,164	2,220	23.7%	21.8%	15.2%	9.5%	12.8%	33.9%
13	M&MFIN Mahindra & Mahindra	₹356.50	49,540	15.2	21,808	3,259	14.7%	14.9%	13.9%	26.5%	14.1%	75.3%
14	POONAWALLA Poonawalla Fincorp	₹444.00	38,888	34.7	8,900	1,088	15.8%	12.2%	60.9%	652.7%	70.1%	405.2%
15	HUDCO Housing and Urban	₹172.35	34,503	8.1	14,119	4,255	19.2%	30.1%	28.8%	48.9%	26.9%	35.1%
16	IREDA Indian Renewable	₹111.71	31,382	16.0	8,628	1,964	9.8%	22.8%	23.4%	10.3%	14.8%	36.8%
17	MANAPPURAM Manappuram Finance	₹329.00	30,904	20.9	10,300	1,445	16.2%	14.0%	-5.5%	-17.5%	34.2%	341.4%
18	CHOLAHLDNG Cholamandalam Financial	₹1,539.00	28,899	10.8	41,410	6,015	18.6%	14.5%	18.3%	15.7%	19.5%	42.0%
19	CGCL Capri Global	₹265.50	25,545	22.7	5,318	1,128	22.2%	21.2%	45.9%	98.4%	57.3%	102.0%
20	IIFL IIFL Finance	₹600.00	25,517	—	—	—	—	—	30.8%	214.4%	28.4%	92.6%
21	CREDITACC CreditAccess Grameen	₹1,403.30	22,489	18.6	6,383	1,211	31.9%	19.0%	5.3%	46.5%	21.9%	719.7%
22	IFCI IFCI	₹82.67	22,274	96.0	2,043	432	32.0%	21.2%	3.2%	24.7%	-19.6%	-3.5%
23	KISSHT OnEMI Technology	₹361.35	6,406	—	—	—	—	—	—	—	44.6%	58.5%

❓ Frequently asked questions

What was REC Limited's total income in Q1 FY27?

What was REC Limited's net profit in Q1 FY27?