Flash Finance

REC LimitedRECLTDBank / NBFC

Financial Services Credit Services Latest results: Jun 2026 15 quarters of data
Consolidated Standalone
₹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.
₹14,296 Cr
Interest Earned · Jun 2026
-1.4% YoY
₹5,209 Cr
Operating Profit · Jun 2026
+3.6% YoY
₹4,149 Cr
Net Profit · Jun 2026
-6.8% YoY
₹15.76
EPS · Jun 2026
-6.7% 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 ₹14,331 crore for the quarter ended June 2026 (Q1 FY27), down 2.7% from ₹14,734 crore in the same quarter last year, and down 0.5% sequentially over the March 2026 quarter.

Of this, interest earned contributed ₹14,296 crore and other income ₹35 crore. Net interest income (interest earned minus interest expended of ₹8,748 crore) worked out to ₹5,548 crore.

Net profit fell 6.8% year-on-year to ₹4,149 crore, from ₹4,451 crore. Earnings per share (EPS) came in at ₹15.76.

Full year and trailing twelve months

For the full year FY26, REC Limited posted total income of ₹59,187 crore, a growth of 5.7% over FY25, with a net profit of ₹16,282 crore (up 3.6% year-on-year).

On a trailing-twelve-month (TTM) basis, total income stands at ₹58,785 crore with a net profit of ₹15,980 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 ?
5.07below ind
Industry P/E ?
15.80
P/B ?
0.96
P/S ?
1.38
P/FCF ?
13.87
Enterprise Value ?
N/A
EV/EBITDA ?
N/A
PEG ?
0.36
Earnings Yield ?
19.7%
Dividend Yield ?
5.86%
Profitability & Returns
Total Income (TTM) ?
₹58,785 Cr
OPM ?
N/A
Profit after tax (TTM) ?
₹15,980 Cr
EPS (TTM) ?
₹60.69
ROCE ?
N/A
ROE ?
19.0%
ROA ?
2.5%
Gross NPA % ?
N/A
Net NPA % ?
N/A
Growth
Total Income — latest qtr ?
₹14,331 Cr
PAT — latest qtr ?
₹4,149 Cr
YoY qtr sales growth ?
-2.7%
YoY qtr profit growth ?
-6.8%
Sales growth (3y) ?
15%
Sales growth (5y) ?
11%
Profit growth (3y) ?
14%
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
Metric Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026 YoY % QoQ %
Interest Earned 9,7809,99510,68911,39311,98212,38412,69013,47413,97014,93514,50214,57714,51814,38614,296 -1.4% -0.6%
Other Income -68129275197182603471212022392325184342035 -84.8% +76.5%
Total Income 9,71210,12410,96411,59012,00012,64313,03713,59614,17315,17414,73415,09514,95214,40614,331 -2.7% -0.5%
Interest Expended 6,1356,4977,0507,3507,6537,8968,0218,5078,8378,7708,9359,1329,2438,9328,748 -2.1% -2.1%
Operating Profit 3,2653,4923,7704,046—4,4364,7984,8965,0216,1655,0305,7465,227—5,209 +3.6% —
Provisions -294-32058-760—-712473-144-89780-617193111—— — —
Profit Before Tax 3,5593,8113,7124,8074,1145,1484,3265,0405,1105,3855,6475,5535,1164,3975,209 -7.7% +18.5%
Net Profit 2,8783,0012,9613,7733,2694,0163,4424,0054,0294,2364,4514,4264,0433,3624,149 -6.8% +23.4%
EPS 10.9311.2711.2414.3312.4215.1313.0715.2115.3015.9616.9016.8115.3512.7715.76 -6.7% +23.4%
Gross NPA % — — 3.28% — — — — — — — 1.05% — 0.88% — — — —
Net NPA % — — 0.97% — — — — — — — 0.24% — 0.20% — — — —
Capital Adequacy Ratio — — 27.60% — — — — — — — 23.98% — 24.26% — — — —

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Interest Earned ₹55,070 Cr ₹57,984 Cr ₹57,778 Cr +5.3%
Other Income ₹910 Cr ₹1,203 Cr ₹1,007 Cr +32.3%
Total Income ₹55,980 Cr ₹59,187 Cr ₹58,785 Cr +5.7%
Interest Expended ₹34,135 Cr ₹36,242 Cr ₹36,055 Cr +6.2%
Net Interest Income ₹20,935 Cr ₹21,742 Cr ₹21,723 Cr +3.9%
Operating Profit ₹20,879 Cr ₹16,004 Cr ₹16,183 Cr -23.4%
Provisions ₹1,019 Cr ₹-312 Cr ₹304 Cr -130.6%
Profit Before Tax ₹19,860 Cr ₹20,713 Cr ₹20,276 Cr +4.3%
Tax ₹4,147 Cr ₹3,396 Cr ₹3,260 Cr -18.1%
Net Profit ₹15,713 Cr ₹16,282 Cr ₹15,980 Cr +3.6%
EPS ₹59.54 ₹61.83 ₹60.69 +3.8%

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 2,6332,6332,6332,633 +0.0%
Reserves 55,04666,15075,00581,657 +8.9%
Borrowing 380,836445,614496,289514,772 +3.7%
Other Liabilities 26,36133,04339,62840,014 +1.0%
Total Liabilities 464,877547,440613,555639,076 +4.2%
Fixed Assets 641631628614 -2.2%
CWIP 32476128 +68.4%
Investments 3,1385,3206,6429,799 +47.5%
Other Assets 461,096541,466606,210628,535 +3.7%
Total Assets 464,877547,440613,555639,076 +4.2%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity -37,482-57,885-39,1825,914 +115.1%
Cash from Investing Activity -804-1,875-1,146-3,319 -189.6%
Cash from Financing Activity 38,11159,58840,034-2,375 -105.9%
Net Cash Flow -175-173-295220 +174.6%
Free Cash Flow -37,499-57,918-39,2655,845 +114.9%
CFO/OP -93%-115%-65%17% +126.2%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
ROE % 20%22%21%20% -4.8%

👥 Shareholding (latest 5 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Sep 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 11,26,51111,54,54211,79,93112,08,64711,48,579 -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?
REC Limited reported total income of ₹14,331 crore for the quarter ended June 2026 (Q1 FY27), down 2.7% from ₹14,734 crore in the same quarter last year, and down 0.5% sequentially over the March 2026 quarter.
What was REC Limited's net profit in Q1 FY27?
Net profit fell 6.8% year-on-year to ₹4,149 crore, from ₹4,451 crore. Earnings per share (EPS) came in at ₹15.76.
What is RECLTD's market capitalisation and P/E ratio?
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.
Who owns REC Limited? (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.
TTM ends 2026-06-30. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI