REC Limited (RECLTD) Share Price & Analysis

Executive Investment Overview & Business Profile

REC Limited is one of the premier companies in India's Finance sector. Currently trading at ₹361.5 with a market capitalization of ₹95191.05 Cr, the company occupies a key position in the Indian equity market.

Investors evaluating REC Limited focus closely on its capital return metrics: Return on Equity (ROE) stands at N/A alongside operating margins of 96.85%. The company's earnings multiple of 5.948659 P/E provides a clear signal of market expectation relative to sector peers.

Company Profile & Information

REC Limited, together with its subsidiaries, engages in the provision of financing services for power generation, transmission, distribution, infrastructure, and logistics projects in India. The company primarily offers long, medium, and short-terms loans; debt refinancing, equity financing, financing of equipment manufacturing for power sector and coal mines; policy for funding against regulatory assets, and revolving bill payment facility services; and letter of undertaking in lieu of bank guarantee, etc. It is also involved in the implementation of distribution system strengthening works, implementation of grid/off-grid solar (PV) projects, and installation of smart meters. In addition, the company 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. It serves government entities, independent power producers, and private sector borrowers. The company was formerly known as Rural Electrification Corporation Limited and changed its name to REC Limited in October 2018. The company was incorporated in 1969 and is based in Gurugram, India. REC Limited is a subsidiary of Power Finance Corporation Limited.