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RECLTD - REC Share Price

₹108 -2.5  -2.2%

Last Trade - 14/08/20

Sector
Financials
Size
Mid Cap
Market Cap £2.18bn
Enterprise Value £31.07bn
Revenue £3.18bn
Position in Universe 134th / 3001
Bullish
Bearish
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Momentum
Relative Strength (%)
1m -0.53%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -31.0%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Mar 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
203,876 240,153 242,581 226,585 254,077 299,298 136,774 +8.0%
+12.7 +6.7 +10.7 -2.3 -4.1 -4.9 +29.7
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the three months ended 30 June 2020, REC Ltd revenues increased 16% to RS81.35B. Net income increased 22% to RS18.45B. Revenues reflect Net Interest Margin - Total - % increase of 3% to 3.68%, Net Interest Spread - Total - % increase of 11% to 3.34%, Other Interest Income increase from RS561.5M to RS1.19B. Net income benefited from Net loss on Fair Value changes increase from RS1.91B (expense) to RS3.12B (income).
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
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EPS
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Net Profit
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EPS
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
RECLTD EPS Forecasts Unlock RECLTD Revenue
Profile Summary

REC Limited, formerly Rural Electrification Corporation Limited, is engaged in other financial services and activities-other Credit granting. The Company provides finance to power sector. It finances and promotes rural electrification projects all over the country. It provides financial assistance to State Electricity Boards, State Government Departments and Rural Electric Cooperatives for rural electrification projects as are sponsored by them. It provides loan assistance to state electricity boards (SEBs)/State Power Utilities for investments in rural electrification schemes through its corporate office located at New Delhi and over 20 field units, which are located in most of the states. It has sanctioned approximately 580 transmission and distribution schemes, which include primary power evacuation schemes associated with generating plants, system improvement schemes, including feeder segregation schemes, bulk loan schemes and intensive electrification schemes.

Directors
Last Annual March 31st, 2020
Last Interim June 30th, 2020
Incorporated July 25, 1969
Public Since December 3, 2008
No. of Shareholders: n/a
No. of Employees: 487
Sector Financials
Industry Banking Services
Index S&P BSE 100 ,
Exchange National Stock Exchange of India
Shares in Issue 1,974,920,000
Free Float (0.0%)
Eligible for
ISAs
SIPPs
RECLTD Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
Beta
Latest News for RECLTD
Upcoming Events for RECLTD
Tuesday 3rd November, 2020 Estimate
Q2 2021 REC Ltd Earnings Release
Tuesday 2nd February, 2021 Estimate
Q3 2021 REC Ltd Earnings Release
Frequently Asked Questions for REC
What is the REC share price?

As of 14/08/20, shares in REC are trading at ₹108, giving the company a market capitalisation of £2.18bn. This share price information is delayed by 15 minutes.

How has the REC share price performed this year?

Shares in REC are currently trading at ₹108 and the price has moved by -25.08% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the REC price has moved by -27.03% over the past year.

What are the analyst and broker recommendations for REC?

Of the analysts with advisory recommendations for REC, there are there are currently 1 "buy" , 0 "hold" and 0 "sell" recommendations. The overall consensus recommendation for REC is Buy. You can view the full broker recommendation list by unlocking its StockReport.

When will REC next release its financial results?

REC is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-06-30
What is the REC dividend yield?

REC does not currently pay a dividend.

Does REC pay a dividend?

REC does not currently pay a dividend.

When does REC next pay dividends?

REC does not currently pay a dividend.

How do I buy REC shares?

To buy shares in REC you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of REC?

Shares in REC are currently trading at ₹108, giving the company a market capitalisation of £2.18bn.

Where are REC shares listed? Where are REC shares listed?

Here are the trading details for REC:

Country of listing: India
Exchange: NSI
Ticker Symbol: RECLTD
What kind of share is REC?

Based on an overall assessment of its quality, value and momentum, REC is currently classified as a Turnaround. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a REC share price forecast 2020?

Shares in REC are currently priced at ₹108. At that level they are trading at 45.83% discount to the analyst consensus target price of 0.00.

Analysts covering REC currently have a consensus Earnings Per Share (EPS) forecast of 36.939 for the next financial year.

How can I tell whether the REC share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like REC. Over the past six months, the relative strength of its shares against the market has been -17.95%. At the current price of ₹108, shares in REC are trading at -7.18% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the REC PE Ratio?

The REC PE ratio based on its reported earnings over the past 12 months is 3.48. The shares are currently trading at ₹108.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of REC?

REC's management team is headed by:

Ajeet Agarwal - CHM
Jyoti Amitabh - CCO
Arun Verma - DRC
Aravamudan Kumar - NID
T. T. Ram Mohan - NID
G. Mahendar - GMG
Ajoy Choudhary - GMG
C. Bhatia - GMG
S. Batta - GMG
Fuzail Ahmed - GMG
Asha Swarup - NID
P. Mukhopadhyay - GMG
Salil Kumar - GMG
P. Baburaj - GMG
Bhagvat Karad - NID
Praveen Singh - DRC
Mritunjay Narayan - DRC
Taruna Gupta - GMG
Harsh Baweja - GMG
S. Garg - GMG
Who are the major shareholders of REC?

Here are the top five shareholders of REC based on the size of their shareholding:

Power Finance Corporation Ltd Corporation
Percentage owned: 52.63% (1.04bn shares)
HDFC Asset Management Co., Ltd. Investment Advisor
Percentage owned: 8.66% (171.1m shares)
HDFC Balanced Advantage Fund Mutual Fund
Percentage owned: 3.92% (77.4m shares)
Life Insurance Corporation of India Insurance Company
Percentage owned: 2.78% (54.9m shares)
HDFC Equity Fund Mutual Fund
Percentage owned: 2.39% (47.3m shares)
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