| Metric | Q4 FY26 | Q3 FY26 | Q4 FY25 |
|---|---|---|---|
| Revenue from operations | 14563.8 | 15051.1 | 15333.5 |
| Other income | 19.6 | 7.5 | 14.8 |
| Total income | 14583.4 | 15058.6 | 15348.4 |
| Profit before exceptional items & tax | 4414.5 | 5154.7 | 5489.9 |
| Exceptional items | 0.0 | 18.3 | 0.0 |
| Profit before tax | 4414.5 | 5136.4 | 5489.9 |
| Net profit | 3375.1 | 4052.4 | 4310.0 |
| Operating margin | 30.3% | 34.1% | 35.8% |
A dash means the filing did not report that period; n/m means not meaningful (margin on near-zero revenue). Growth is not shown when either period was a loss. Operating profit excludes other income.
| Net profit, year on year | -21.70% |
|---|---|
| Net profit, quarter on quarter | -16.70% |
| Revenue, year on year | -5.00% |
NSE results filing, NSE: RECLTD. Figures extracted from the filing.
REC Ltd: key numbers
- Share price
- ₹310.50
- Market cap
- ₹81,762 Cr
- Revenue (annual)
- ₹59,584 Cr
- Net profit (annual)
- ₹16,308 Cr
- P/E (TTM)
- 5.4×Sector 20.8×
- Promoter holding
- 52.63%+0.00% QoQ
- FII holding
- 16.78%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from REC Ltd
All →REC Debt & Borrowing: ₹2,100 Cr
REC Ltd fully redeemed its 7.52% 2026 NCDs at maturity on 7 November 2026. Rs.2,100 Crore principal was repaid to holders.
- Value
- ₹2,100 Cr
REC Debt & Borrowing: ₹147.5 Cr
REC Ltd paid Rs.147.54 Crore interest on its 7.52% 2026 NCDs on 7 November 2026. Interest was paid on the due date, with no default reported.
- Value
- ₹147.5 Cr
REC Debt & Borrowing: ₹3,200 Cr
REC Ltd fully redeemed two bond series totaling ₹3,200 Crore on 31 Oct 2026. The 6.23% (₹1,200 Cr) put option and 7.55% (₹2,000 Cr) maturity series were settled.
- Value
- ₹3,200 Cr
REC Debt & Borrowing: ₹443.1 Cr
REC Limited paid yearly interest on three listed NCD series, totalling about Rs.1,143 Crore, on 31 October 2026. The payments cover its 6.23%, 7.55% and 7.71% bonds.
- Value
- ₹443.1 Cr
REC Management Change
REC Limited intimated that Executive Director J.K. Nayak ceased to hold that role effective 30 October 2026. He was appointed Chairman & Managing Director of IREDA.
REC Earnings Call Transcript: Key Takeaways
REC is aggressively scaling its loan book to ₹6.17 lakh Cr, leveraging a massive ₹2.56 lakh Cr order book while maintaining near-zero net NPAs.