REC Limited

NSE:RECLTD.NS

Sector

🔌 Utilities

Industries

⚡️ Electricity

🚰 General Utilities

Location

India

Market Cap

USD 11.99 B

Share Price

USD 4.55

Avg Daily Volume

8,404,736

Change (1 day)

2.91%

Change (1 year)

-24.82%

Change (YTD)

-22.16%

REC Limited Interest Coverage Ratio for the year ending March 31, 2025: 0.59

REC Limited Interest Coverage Ratio is 0.59 for the year ending March 31, 2025, a -1.71% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

REC Limited Interest Coverage Ratio for the year ending March 31, 2024 was 0.60, a -639.95% change year over year.
REC Limited Interest Coverage Ratio for the year ending March 31, 2024 was 0.60, a 0.00% change year over year.
REC Limited Interest Coverage Ratio for the year ending March 31, 2023 was -0.11, a -52.17% change year over year.
REC Limited Interest Coverage Ratio for the year ending March 31, 2022 was -0.23, a 36.46% change year over year.

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Key data

Date	Interest Coverage Ratio	Return on Capital Employed (ROCE)	Return on Equity (ROE)	Return on Assets (ROA)

NSE: RECLTD.NS

REC Limited

CEO	Mr. Rajesh Kumar
IPO Date	March 12, 2008
Location	India
Headquarters	Plot No. I-4, Sector 29
Employees	512
Sector	🔌 Utilities
Industries Electricity 🚰 General Utilities

Description

REC Limited, a public financial institution, provides financing services for power generation, transmission, and distribution projects in India. It primarily offers term-loan, medium-term loan, and short-terms loan. The company also acts as a nodal agency for the implementation of Pradhan Mantri Sahaj Bijli Har Ghar Yojana for universal household electrification, Deen Dayal Upadhyaya Gram Jyoti Yojana, National Electricity Fund, Outage Management System, and 11kv Rural Feeder Monitoring Scheme, as well as acts as the bid process coordinator for selection of transmission service provider through tariff based competitive bidding process for independent inter-state and intra-state transmission projects; and provides implementation and consultancy services in power sector. It serves central/state government power utilities, as well as private sector power utilities. The company was formerly known as Rural Electrification Corporation Limited and changed its name to REC Limited in October 2018. REC Limited was incorporated in 1969 and is based in Gurugram, India. REC Limited is a subsidiary of Power Finance Corporation Limited.