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REC Financial Statement Analysis
[BOM: 532955|NSE : RECLTD]

The Revenues of REC have increased by 18.65% YoY .
The Earnings Per Share (EPS) of REC has increased by 12.29 % YoY.
REVENUES
OPERATING MARGIN
PROFIT AFTER TAX
EPS
ROCE

REC Last 5 Annual Financial Results
[BOM: 532955|NSE : RECLTD]

ConsolidatedMar2025
Mar2024
Mar2023
Mar2022
Mar2021
Operating Income ₹56,367 Cr₹47,505 Cr₹39,478 Cr₹39,269 Cr₹35,553 Cr
Expenses ₹2,154 Cr₹1,002 Cr₹1,857 Cr₹4,825 Cr₹3,291 Cr
Operating Profit (Excl OI) ₹54,213 Cr₹46,503 Cr₹37,621 Cr₹34,444 Cr₹32,262 Cr
Other Income ₹67 Cr₹1,446 Cr₹42 Cr₹70 Cr₹23 Cr
Interest ₹34,138 Cr₹29,965 Cr₹23,741 Cr₹22,054 Cr₹21,492 Cr
Depreciation ₹25 Cr₹24 Cr₹24 Cr₹18 Cr₹11 Cr
Profit Before Tax ₹20,117 Cr₹17,960 Cr₹13,898 Cr₹12,431 Cr₹10,780 Cr
Profit After Tax ₹15,884 Cr₹14,145 Cr₹11,167 Cr₹10,036 Cr₹8,378 Cr
Consolidated Net Profit ₹15,884 Cr₹14,145 Cr₹11,167 Cr₹10,036 Cr₹8,378 Cr
Earnings Per Share (Rs)₹60.32₹53.72₹42.41₹50.82₹42.42
PAT Margin (%)28.1829.7828.2925.5623.57
ROE(%)21.6722.3920.6221.3621.32
ROCE(%)9.9610.059.149.109.28
Total Debt/Equity(x)6.336.426.556.497.53

Key Financials

Market Cap : ₹ 100,798.9 Cr
Revenue (TTM) : ₹ 59,495.6 Cr
Net Profit(TTM) : ₹ 17,267.0 Cr
EPS (TTM) : ₹ 65.6
P/E (TTM) : 5.8

Industry Peers & Returns1W1M1Y
REC 7.3% 8.4% -26.6%
INDIAN RAILWAY FINANCE CORPORATION 2.1% 11% -16.1%
POWER FINANCE CORPORATION 5.8% 6.6% -18.4%
IFCI -1.6% 5.6% -14.4%
MAS FINANCIAL SERVICES 4.6% 5.4% 18.5%
SATIN CREDITCARE NETWORK 4.1% 3.4% -4.9%
TOURISM FINANCE CORPORATION OF INDIA 4.6% 4.9% 101.5%
GUJARAT STATE FINANCIAL CORPORATION 2.6% 7.8% -45.8%


REC Revenues
[BOM: 532955|NSE : RECLTD]

Y-o-Y

18.65 %

5 Yr CAGR

12.21 %

Years Revenues % Change
Mar2025 ₹56,367 Cr
18.65
Mar2024 ₹47,505 Cr
20.33
Mar2023 ₹39,478 Cr
0.53
Mar2022 ₹39,269 Cr
10.45
Mar2021 ₹35,553 Cr -


REC Operating Profit
[BOM: 532955|NSE : RECLTD]

Y-o-Y

16.58 %

5 Yr CAGR

13.86 %

Years Operating Profit % Change
Mar2025 ₹54,213 Cr
16.58
Mar2024 ₹46,503 Cr
23.61
Mar2023 ₹37,621 Cr
9.22
Mar2022 ₹34,444 Cr
6.77
Mar2021 ₹32,262 Cr -

Operating Margins
Y-o-Y

-1.75 %

5 Yr CAGR

1.47 %

Years Operating Margin% % Change
Mar2025 96.18%
-1.75
Mar2024 97.89%
2.72
Mar2023 95.3%
8.65
Mar2022 87.71%
-3.34
Mar2021 90.74% -

REC Profit After Tax
[BOM: 532955|NSE : RECLTD]

Y-o-Y

12.29 %

5 Yr CAGR

17.34 %

Years Profit After Tax % Change
Mar2025 ₹15,884 Cr
12.29
Mar2024 ₹14,145 Cr
26.67
Mar2023 ₹11,167 Cr
11.27
Mar2022 ₹10,036 Cr
19.78
Mar2021 ₹8,378 Cr -

PAT Margins
Y-o-Y

-5.37 %

5 Yr CAGR

4.57 %

Years PAT Margin(%) % Change
Mar2025 28.18 %
-5.37
Mar2024 29.78 %
5.27
Mar2023 28.29 %
10.68
Mar2022 25.56 %
8.44
Mar2021 23.57 % -

REC Earnings Per Share (EPS)
[BOM: 532955|NSE : RECLTD]

Y-o-Y

12.29 %

5 Yr CAGR

9.20 %

Years EPS % Change
Mar2025 ₹60
12.29
Mar2024 ₹54
26.67
Mar2023 ₹42
-16.55
Mar2022 ₹51
19.80
Mar2021 ₹42 -

REC Return on Capital Employed (ROCE)
[BOM: 532955|NSE : RECLTD]

Y-o-Y

-0.90 %

5 Yr CAGR

1.78 %

Years ROCE % Change
Mar2025 9.96%
-0.90
Mar2024 10.05%
9.96
Mar2023 9.14%
0.44
Mar2022 9.1%
-1.94
Mar2021 9.28% -

REC Share Price vs Sensex

Current Share Price : ₹382.8
Current MarketCap: ₹ 100,798.9 Cr
Updated EOD on :Jan 06,2026

Share Price Returns(%) 1 Week 1 Month 1 Year
REC

7.3%

8.4%

-26.6%

SENSEX

0.5%

-0.2%

8.4%

REC related INDICES

BSE Indices1W1M1Y
BSE ALLCAP 6.4% 8.9% 7.5%
BSE LARGEMIDCAP 4.5% 7.2% 8.3%
BSE PSU 4.2% 5.6% 11.6%
BSE ENHANCED VALUE INDEX 3.3% 5.8% 20.6%
BSE INDIA INFRASTRUCTURE INDEX 2.8% 2.6% -3.2%
NSE Indices1W1M1Y
NIFTY PSE 4.3% 4.7% 5.6%
NIFTY 200 VALUE 30 3.9% 7.7% 21%
NIFTY500 VALUE 50 3.8% 6.8% 17.6%
NIFTY HIGH BETA 50 3% 4.1% 13.2%
NIFTY NEXT 50 2.8% 3% 3.5%

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FAQ about REC Financials


How the annual revenues of REC have changed ?

The Revenues of REC have increased by 18.65% YoY .

How the Earnings per Share (EPS) of REC have changed?

The Earnings Per Share (EPS) of REC has increased by 12.29 % YoY .