---
title: "REC Ltd (RECLTD) — Share Price, Financials & Analysis"
symbol: "RECLTD"
company: "REC Ltd"
canonical: "https://tapetide.com/stocks/RECLTD"
isin: "INE020B01018"
nse_symbol: "RECLTD"
bse_code: "532955"
sector: "Financial Services"
industry: "Financial Institution"
market_cap_cr: 82209.25
generated_at: "2026-09-13T18:50:53.859Z"
---

# REC Ltd (RECLTD)

Canonical page: https://tapetide.com/stocks/RECLTD

## Company

- **NSE Symbol:** RECLTD
- **BSE Code:** 532955
- **ISIN:** INE020B01018
- **Sector:** Financial Services
- **Industry:** Financial Institution
- **Macro Sector:** Financial Services
- **Stock Type:** EQUITY
- **Listed Since:** 2008-03-12
- **CEO:** Mr. Harsh Baweja
- **Face Value:** ₹10
- **F&O Eligible:** Yes
- **Website:** recindia.nic.in

## About

REC is a Central Public Sector Undertaking under the Ministry of Power involved in financing projects in the complete power sector value chain from generation to distribution. [1]

## Latest Price

- **Price:** ₹312.7
- **Change:** -1.1 (-0.35%)
- **Open:** ₹312
- **Day High:** ₹315.05
- **Day Low:** ₹311.25
- **Previous Close:** ₹313.8
- **Volume:** 4509899
- **As Of:** 2026-09-11T10:24:26+00:00

## Key Fundamentals

Observed at 2026-09-11T04:52:27.459018Z.

- **Market Cap:** ₹82209.25 Cr
- **Classification:** Midcap
- **P/E (reported):** 5.2
- **P/E (TTM):** 5.13
- **EPS (TTM):** ₹60.9
- **EPS (reported):** ₹55.59
- **Book Value:** ₹320.88
- **Price to Book:** 0.98
- **Dividend Yield:** 1.35%
- **ROE:** 19.17%
- **ROCE:** 9.64%
- **Debt to Equity:** 6.19
- **Revenue (yearly):** ₹59628.4 Cr
- **Net Income:** ₹16308.2 Cr
- **EBITDA:** ₹57049.8 Cr
- **52-Week High:** ₹390.5
- **52-Week Low:** ₹304.05
- **RSI (14):** 33.67

## Tapetide Score

- **Score:** 58 / 100
- **Score date:** 2026-09-04
- **Archetype:** Out of Favour
- **What it means:** Financially sound, yet the market is not rewarding it. Cases like this usually need a specific reason the pessimism is misplaced, and patience for that reason to play out.
- **Pillar profile:** Quality: Good · Valuation: Cheap · Momentum: Falling
- **Percentile:** 81.3 (of 4473 scored stocks)
- **Confidence:** 94%
- **Data coverage:** 88%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 30.29 | 9% |
| growth | 17.98 | 9% |
| momentum | 26 | 12% |
| ownership | 55.7 | 24% |
| quality | 75.42 | 22% |
| valuation | 87.71 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Stock is trading at 0.97 times its book value
- Stock is providing a good dividend yield of 5.93%.
- Company has been maintaining a healthy dividend payout of 29.9%

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 10.9% over past five years.
- Company might be capitalizing the interest cost

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 115.29% | 110.35% | 252.74% |
| ebitda margin growth | 5.02% | -0.51% | -5.04% | 9.06% |
| net income growth | 24.23% | 2.67% | 14% | 14% |
| revenue growth | -0.78% | 5.66% | 15% | 11% |
| roce | 5.02% | 1.69% | 1.37% | 9.26% |
| roe | 24.23% | -5.43% | 19.95% | -1.99% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Revenue | 11688 | 12052 | 12677 | 13079 | 13682 | 14272 | 15334 | 14737 | 15153 | 15051 | 14564 | 14435 |
| Expenses | -492 | 240 | -425 | 717 | 97 | 263 | 1084 | 217 | 476 | 655 | 1231 | 447 |
| Financing Profit | 4831 | 4158 | 5206 | 4341 | 5079 | 5172 | 5482 | 5587 | 5546 | 5154 | 4402 | 5241 |
| Financing Margin % | 41 | 34 | 41 | 33 | 37 | 36 | 36 | 38 | 37 | 34 | 30 | 36 |
| Other Income | 13 | 20 | 29 | 14 | 24 | 15 | 15 | 87 | 10 | -11 | 20 | 35 |
| Interest | 7350 | 7654 | 7896 | 8020 | 8506 | 8837 | 8768 | 8934 | 9131 | 9243 | 8931 | 8748 |
| Depreciation | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 7 | 7 | 7 | 7 | 7 |
| Profit before tax | 4838 | 4172 | 5229 | 4349 | 5097 | 5181 | 5490 | 5666 | 5549 | 5136 | 4415 | 5268 |
| Tax % | 22 | 21 | 22 | 20 | 21 | 21 | 21 | 21 | 20 | 21 | 24 | 20 |
| Net Profit | 3790 | 3308 | 4079 | 3460 | 4038 | 4076 | 4310 | 4466 | 4415 | 4052 | 3375 | 4193 |
| EPS in Rs | 14.39 | 12.56 | 15.49 | 13.14 | 15.33 | 15.48 | 16.37 | 16.96 | 16.77 | 15.39 | 12.82 | 15.92 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Revenue | 22658 | 25408 | 29942 | 35557 | 39276 | 39486 | 47517 | 56369 | 59586 | 59202 |
| Expenses | 3379 | 1702 | 3981 | 3292 | 4838 | 1858 | -366 | 2153 | 2568 | 2809 |
| Financing Profit | 5946 | 8066 | 6969 | 10776 | 12387 | 13894 | 17936 | 20084 | 20780 | 20342 |
| Financing Margin % | 26 | 32 | 23 | 30 | 32 | 35 | 38 | 36 | 35 | 34 |
| Other Income | 18 | 33 | 72 | 15 | 62 | 28 | 48 | 58 | 13 | 53 |
| Interest | 13333 | 15639 | 18991 | 21489 | 22051 | 23733 | 29948 | 34131 | 36238 | 36051 |
| Depreciation | 7 | 8 | 12 | 11 | 18 | 24 | 24 | 25 | 27 | 27 |
| Profit before tax | 5958 | 8090 | 7030 | 10780 | 12431 | 13898 | 17960 | 20117 | 20766 | 20368 |
| Tax % | 25 | 29 | 29 | 22 | 19 | 20 | 21 | 21 | 21 | — |
| Net Profit | 4451 | 5741 | 4972 | 8378 | 10036 | 11167 | 14145 | 15884 | 16308 | 16035 |
| EPS in Rs | 16.9 | 21.8 | 18.88 | 31.82 | 38.11 | 42.41 | 53.72 | 60.32 | 61.93 | 60.9 |
| Dividend Payout % | 41 | 38 | 44 | 30 | 30 | 30 | 30 | 30 | 30 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 1975 | 1975 | 1975 | 1975 | 1975 | 1975 | 2633 | 2633 | 2633 | 2633 |
| Reserves | 31696 | 30613 | 32571 | 33422 | 41789 | 49339 | 55487 | 66717 | 75184 | 81863 |
| Borrowing | 167852 | 204367 | 244249 | 286289 | 329723 | 333043 | 380790 | 445568 | 496801 | 515284 |
| Other Liabilities | 8723 | 5416 | 19659 | 25345 | 27380 | 26503 | 26592 | 33273 | 39883 | 40378 |
| Total Liabilities | 210245 | 242370 | 298454 | 347030 | 400867 | 410860 | 465503 | 548191 | 614502 | 640158 |
| Fixed Assets | 355 | 132 | 165 | 166 | 267 | 628 | 641 | 632 | 629 | 616 |
| CWIP | 166 | 129 | 199 | 288 | 336 | 6 | 3 | 24 | 76 | 128 |
| Investments | 2617 | 2948 | 2463 | 2386 | 1981 | 2190 | 3170 | 5352 | 6674 | 9831 |
| Other Assets | 207108 | 239162 | 295627 | 344190 | 398282 | 408035 | 461689 | 542184 | 607123 | 629583 |
| Total Assets | 210245 | 242370 | 298454 | 347030 | 400867 | 410860 | 465503 | 548191 | 614502 | 640158 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 6805 | -32510 | -35866 | -32712 | -43512 | -3910 | -37360 | -57723 | -39064 | 5972 |
| Cash from Investing Activity | -101 | 46 | 457 | 121 | 861 | -287 | -943 | -1831 | -1302 | -3308 |
| Cash from Financing Activity | -3947 | 28244 | 35543 | 33926 | 42113 | 3159 | 38123 | 59588 | 40034 | -2375 |
| Net Cash Flow | 2757 | -4220 | 134 | 1336 | -538 | -1038 | -180 | 34 | -333 | 289 |
| Free Cash Flow | 6601 | -32584 | -35957 | -32812 | -43586 | -3958 | -37377 | -57756 | -39070 | 5948 |
| CFO/OP | 42 | -157 | -143 | -119 | -126 | -2 | -92 | -114 | -64 | 17 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| ROE % | 20 | 13 | 17 | 14 | 21 | 21 | 20 | 22 | 22 | 20 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 52.63% | 52.63% | 52.63% | 52.63% | 52.63% | 52.63% | 52.63% | 52.63% | 52.63% | 52.63% | 52.63% | 52.63% |
| FIIs | 20.36% | 20.6% | 19.92% | 20.43% | 21.23% | 21.73% | 20.48% | 19.16% | 17.97% | 16.46% | 15.79% | 15.76% |
| DIIs | 13% | 14.17% | 15.44% | 14.68% | 14.25% | 13.9% | 14.79% | 15.5% | 15.86% | 16.22% | 16.35% | 16.98% |
| Government | 0.04% | 0.04% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% |
| Public | 10.07% | 10.06% | 9.66% | 10.14% | 9.85% | 9.64% | 9.94% | 10.58% | 11.31% | 12.19% | 12.48% | 11.88% |
| Others | 3.9% | 2.49% | 2.29% | 2.07% | 1.98% | 2.03% | 2.11% | 2.07% | 2.17% | 2.44% | 2.7% | 2.69% |
| No. of Shareholders | 621578 | 689192 | 770808 | 1033680 | 1040890 | 1041320 | 1082800 | 1126510 | 1154540 | 1179930 | 1208650 | 1175190 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 4 / 4 / 11

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 316.14 | Sell |
| EMA (10) | 316.96 | Sell |
| SMA (20) | 322.27 | Sell |
| EMA (20) | 323.59 | Sell |
| SMA (50) | 343.81 | Sell |
| EMA (50) | 336.63 | Sell |
| SMA (100) | 348.15 | Sell |
| EMA (100) | 344.06 | Sell |
| SMA (200) | 350.18 | Sell |
| EMA (200) | 353.42 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 32.89 | Neutral |
| MACD (12,26,9) | -9.1 | Buy |
| Stochastic (14,3,3) | 16.79 | Buy |
| ADX (14) | 50.92 | Buy |
| Williams %R (14) | -87.93 | Buy |
| ATR (14) | 6.78 | Neutral |
| ROC (12) | -2.95 | Sell |
| Stoch RSI (14) | 69 | Neutral |
| UO (7,14,28) | 40.46 | Neutral |

## Analyst Ratings

| Recommendation | Analysts | Share |
| --- | --- | --- |
| Buy | 9 | 75% |
| Hold | 3 | 25% |
| Sell | 0 | 0% |

Based on 12 analyst ratings, observed at 2026-09-11T04:52:28.755419+00:00.

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-10 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7ca691c5-9af9-457c-8d09-f5a4d2939439.pdf) |
| 2026-09-09 | [Intimation Of Sale And Transfer Of Project Specific SPV/Subsidiary.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=43b64249-e361-4f84-b0e7-06218fa0e72e.pdf) |
| 2026-09-08 | [Disclosures under Reg. 29(1) of SEBI (SAST) Regulations 2011](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7BF9B678_9730_41A8_9E5E_F988B50349DD_173839.pdf) |
| 2026-09-08 | [Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5f25dbc0-d05e-4bad-b86a-36c34124e9f0.pdf) |
| 2026-09-07 | [Announcement under Regulation 30 (LODR)-Credit Rating](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3ab0ef7a-9e17-420d-940f-23919a40af74.pdf) |
| 2026-09-07 | [Press Release - REC Limited Successfully Issued IndiaS First Pilot Issue On Tokenized Corporate Bonds Under SEBI Regulatory Sandbox Framework.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2d85531f-f573-4a97-a3bc-1a8ba418501e.pdf) |
| 2026-08-27 | [Shareholder Meeting / Postal Ballot-Scrutinizers Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d9c1ee4a-2b02-40ad-8ef3-504ba459d9f7.pdf) |
| 2026-08-26 | [Intimation Regarding Imposition Of Fines By Stock Exchanges.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=309a5c35-29cc-42cb-b995-032a6fea0265.pdf) |
| 2026-08-25 | [Intimation Of Incorporation Of Subsidiary Companies.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=91d2ce96-0bca-417c-b198-ca6e4eb463db.pdf) |
| 2026-08-25 | [Proceedings Of 57Th Annual General Meeting Of REC Limited Held On Tuesday August 25 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fc9766a8-079c-4e88-9a3a-ebb15c680cde.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-07-24 | [Financial Results For The Quarter Ended June 30 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=aeb501c3-0e31-4bc4-8f59-f4e551c2a2e7.pdf) |
| 2026-04-28 | [Financial Results For The Financial Year Ended March 31 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5f0a0d14-3c62-4f46-852d-eaf3ac82d7de.pdf) |
| 2026-01-29 | [Financial Results For The Quarter Ended December 31 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9134e6f8-c1a8-4d6f-8468-d3ab9e9c770b.pdf) |
| 2025-10-17 | [Financial Results For The Quarter And Half Year Ended September 30 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=732382bb-6041-4b52-a901-3901962fd8d0.pdf) |
| 2025-07-24 | [Financial Results For The Quarter Ended June 30 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b083a4c7-8b59-4ce9-8934-ac4f1475b4d0.pdf) |
| 2025-05-08 | [Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=325f3016-90b2-453f-8191-d3eee3c371e8.pdf) |
| 2025-02-06 | [Financial Results For The Quarter Ended December 31 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1d88cfd3-cf13-4e23-ad9e-5bd446783b15.pdf) |
| 2024-10-26 | [Financial Results For The Quarter And Half Year Ended September 30, 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=295c8c73-70a3-43e0-8861-4419ed379f6d.pdf) |
| 2024-07-27 | [Financial Results For The Quarter Ended June 30, 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dd91ad2e-fd2d-428e-9004-7734931263f9.pdf) |
| 2024-04-30 | [Audited Financial Results (Standalone & Consolidated) For The Quarter And Year Ended March 31, 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=77519f9e-2ee9-4bd3-81c3-52ddce267b2d.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0e9dadda-2052-4b63-b9f8-6f2138e3b3c4.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0e9dadda-2052-4b63-b9f8-6f2138e3b3c4.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6d609d11-14bf-4e89-96c7-2ae993263e44.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6d609d11-14bf-4e89-96c7-2ae993263e44.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e15aac04-4ed3-4f45-8c27-a8e25a8c5534.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=20730bcd-c985-4f6e-bf87-f51ff713d16b.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/20730bcd-c985-4f6e-bf87-f51ff713d16b.pdf) |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5e32fd2e-98d8-4de2-a038-9a5d1b2dae7a.pdf) |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5e32fd2e-98d8-4de2-a038-9a5d1b2dae7a.pdf) |
| Jan 2024 | [Concall - Jan 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3bd950e4-05fd-4cc8-8167-4062b2bb0521.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Apr - REC appoints Shri Mohan Lal Kumawat as Executive Director (Finance-Bonds) and KMP effective April 9, 2026. | [Announcement under Regulation 30 (LODR)-Change in Management 9 Apr - REC appoints Shri Mohan Lal Kumawat as Executive Director (Finance-Bonds) and KMP effective April 9, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e7597425-44a2-4412-b32f-1e395396079e.pdf) |
| 7 May - REC appoints PFC Director (Finance) Rajesh Kumar Agarwal as nominee director effective May 1, 2026. | [Announcement under Regulation 30 (LODR)-Change in Directorate 7 May - REC appoints PFC Director (Finance) Rajesh Kumar Agarwal as nominee director effective May 1, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/626a90e0-90ba-4136-8936-871579dbf773.pdf) |
| 7 Apr - REC appoints Shri Rajiv Ranjan Jha as PFC nominee director from April 6, 2026. | [Announcement under Regulation 30 (LODR)-Change in Directorate 7 Apr - REC appoints Shri Rajiv Ranjan Jha as PFC nominee director from April 6, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/996aafd8-fd60-418c-8c8e-c9594655ded8.pdf) |
| 6h - Board meeting on March 16, 2026 to consider 4th interim dividend; trading window closed until March 18, 2026. | [Board Meeting Intimation for 4Th Interim Dividend, If Any, For The Financial Year 2025-26. 6h - Board meeting on March 16, 2026 to consider 4th interim dividend; trading window closed until March 18, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/f83bb959-29b0-4c08-9a59-cef1265a5368.pdf) |
| 6 Apr - Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 6 Apr - Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3608357e-4aba-45dd-983a-71b176d2f1a7.pdf) |
| 3 Mar - Shri Narayanan Thirupathy ceased as REC Independent Director; tenure ended March 2, 2026, effective March 3, 2026. | [Announcement under Regulation 30 (LODR)-Cessation 3 Mar - Shri Narayanan Thirupathy ceased as REC Independent Director; tenure ended March 2, 2026, effective March 3, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/dccf4cce-8d0d-4ea1-a3f1-ad14e3080bd4.pdf) |
| 2d - REC incorporated three wholly owned subsidiaries on May 8-9, 2026 for transmission projects. | [Intimation Of Incorporation Of Subsidiary Companies. 2d - REC incorporated three wholly owned subsidiaries on May 8-9, 2026 for transmission projects.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/82886d95-bc98-41a0-a466-604f69c30d11.pdf) |
| 29 Apr - Newspaper Clippings in respect of Financial Results. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 29 Apr - Newspaper Clippings in respect of Financial Results.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a6e8984d-1566-4667-bd6a-687f1e396e9f.pdf) |
| 29 Apr - Newspaper Clippings in respect of Financial Results. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 29 Apr - Newspaper Clippings in respect of Financial Results.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/a6e8984d-1566-4667-bd6a-687f1e396e9f.pdf) |
| 28 Apr - REC approved audited FY26 standalone and consolidated results, recommended Rs1.55 final dividend, total Rs18.55 per share. | [Corporate Action-Board approves Dividend 28 Apr - REC approved audited FY26 standalone and consolidated results, recommended Rs1.55 final dividend, total Rs18.55 per share.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/dd1fda8e-b726-48c5-aa1d-94360f6d2d75.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0c5b12ec-16a6-4747-aaf2-0119aee9b5a0.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c246bfd8-d1bc-41d3-8fcd-ec75d8a15ec1.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/51bee597-6e2e-4cb6-a2a8-903c17af92bc.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9d8fe82c-4bd6-48f8-84bf-3ab0e729f8dd.pdf) |

### Earnings Call Recordings

| Date | Document |
| --- | --- |
| 2025-10-29 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=301f61aa-1c75-449b-b446-5ad53d1d3ec6.pdf) |
| 2025-07-31 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=60a887fb-5b7f-4553-ad7e-426bf0172817.pdf) |
| 2025-05-14 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2af167ee-9921-40eb-8680-9d06fee6296e.pdf) |
| 2024-10-28 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a25b85f6-4da0-499a-9a0e-d83059eb07dd.pdf) |
| 2024-08-01 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9b320bdb-b74c-4e05-b8bc-a77e8ca7e222.pdf) |
| 2024-05-08 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a55aa485-e624-49f3-accc-9baecaeea58a.pdf) |
| 2023-11-01 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=17b14f02-8631-4937-95e2-d6a040310d24.pdf) |
| 2023-08-17 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d75d3904-4ca5-4cc5-9187-675ce05ea215.pdf) |
| 2023-02-18 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dffae01e-9bea-402f-a824-c29524aad198.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2025-02-07 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=98af09c2-8c66-4c27-a51d-79dee2d80581.pdf) |

### Earnings Call Transcripts

| Date | Document |
| --- | --- |
| 2024-01-31 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3bd950e4-05fd-4cc8-8167-4062b2bb0521.pdf) |
| 2023-11-06 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e15aac04-4ed3-4f45-8c27-a8e25a8c5534.pdf) |
| 2023-08-23 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d5fa18b8-5432-4e79-9ca8-83bb2635afd2.pdf) |

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