Shares of REC gained 2.01% in Monday's session, with the stock currently trading at Rs 357.05. The stock is among the top gainers on Nifty Next 50.
REC is included as one of the stocks in the Nifty Next 50 index.
Financial Performance
Consolidated Quarterly Results
Here's a summary of REC's consolidated quarterly financial performance:
Heading
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Revenue
Rs 13,078.66 Crore
Rs 13,682.43 Crore
Rs 14,271.92 Crore
Rs 15,333.54 Crore
Rs 14,737.45 Crore
Net Profit
Rs 3,460.19 Crore
Rs 4,037.72 Crore
Rs 4,076.35 Crore
Rs 4,309.98 Crore
Rs 4,465.71 Crore
EPS
13.14
15.33
15.48
16.24
16.96
The revenue for the quarter ending June 2025 was Rs 14,737.45 Crore, compared to Rs 15,333.54 Crore in March 2025, showing a decrease. Net profit for the same period increased to Rs 4,465.71 Crore from Rs 4,309.98 Crore in the previous quarter. Earnings per share (EPS) also increased from 16.24 to 16.96.
Consolidated Yearly Results
The consolidated yearly financial performance is as follows:
Heading
2021
2022
2023
2024
2025
Revenue
Rs 35,552.68 Crore
Rs 39,269.05 Crore
Rs 39,478.26 Crore
Rs 47,504.75 Crore
Rs 56,366.55 Crore
Net Profit
Rs 8,380.21 Crore
Rs 10,047.51 Crore
Rs 11,166.98 Crore
Rs 14,145.46 Crore
Rs 15,884.23 Crore
EPS
42.42
50.82
42.28
53.59
60.20
BVPS
218.77
257.00
218.47
261.25
295.52
ROE
19.39
19.77
19.41
20.56
20.41
Debt to Equity
7.63
6.56
6.62
6.48
6.38
The company's revenue for the year ending March 2025 stood at Rs 56,366.55 Crore, a notable increase compared to Rs 47,504.75 Crore in the previous year. Net profit also increased to Rs 15,884.23 Crore from Rs 14,145.46 Crore. The Earnings Per Share (EPS) rose from Rs 53.59 to Rs 60.20.
Consolidated Yearly - Income Statement
Here's a summary of the consolidated yearly income statement:
Mar 2025
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Sales
56,366
47,504
39,478
39,269
35,552
Other Income
67
66
41
70
22
Total Income
56,434
47,571
39,520
39,339
35,575
Total Expenditure
2,185
-336
1,889
4,845
3,304
EBIT
54,248
47,907
37,631
34,493
32,270
Interest
34,131
29,947
23,733
22,050
21,489
Tax
4,233
3,814
2,730
2,394
2,401
Net Profit
15,884
14,145
11,166
10,047
8,380
The sales increased to 56,366 in March 2025 compared to 47,504 in March 2024. Net profit also increased from 14,145 to 15,884 during the same period.
Consolidated Quarterly - Income Statement
Here's a summary of the consolidated quarterly income statement:
Jun 2025
Mar 2025
Dec 2024
Sep 2024
Jun 2024
Sales
14,737
15,333
14,271
13,682
13,078
Other Income
86
14
14
23
13
Total Income
14,823
15,348
14,286
13,706
13,092
Total Expenditure
223
1,090
268
103
722
EBIT
14,600
14,258
14,017
13,603
12,369
Interest
8,934
8,768
8,837
8,505
8,020
Tax
1,200
1,179
1,104
1,059
889
Net Profit
4,465
4,309
4,076
4,037
3,460
The sales decreased to 14,737 in June 2025 compared to 15,333 in March 2025. Net profit also increased from 4,309 to 4,465 during the same period.
Consolidated Balance Sheet
The consolidated balance sheet is as follows:
Mar 2025
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Share Capital
2,633
2,633
2,633
1,974
1,974
Reserves & Surplus
75,184
66,158
54,895
48,780
41,230
Current Liabilities
535,717
478,377
163,477
133,038
112,637
Other Liabilities
967
1,022
244,496
227,065
245,023
Total Liabilities
614,501
548,191
465,502
410,860
400,866
Fixed Assets
704
655
643
634
603
Current Assets
610,382
544,608
461,171
406,805
397,273
Other Assets
3,414
2,927
3,687
3,420
2,990
Total Assets
614,501
548,191
465,502
410,860
400,866
Cash Flow
The consolidated cash flow is as follows:
Mar 2025
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Operating Activities
-39,064
-57,722
-37,359
-3,909
-43,512
Investing Activities
-1,302
-1,830
-942
-287
860
Financing Activities
40,033
59,587
38,122
3,158
42,113
Others
0
0
0
0
0
Net Cash Flow
-332
34
-179
-1,038
-538
Financial Ratios
Key financial ratios for REC:
Ratio
Mar 2021
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Basic EPS (Rs.)
42.42
50.82
42.28
53.59
60.20
Diluted EPS (Rs.)
42.42
50.82
42.28
53.59
60.20
Book Value /Share (Rs.)
218.77
257.00
218.47
261.25
295.52
Dividend/Share (Rs.)
12.71
15.30
12.60
16.00
18.00
Face Value
10
10
10
10
10
Gross Profit Margin (%)
90.79
87.88
95.38
100.89
96.28
Operating Margin (%)
90.76
87.83
95.32
100.84
96.24
Net Profit Margin (%)
23.57
25.58
28.28
29.77
28.18
Return on Networth / Equity (%)
19.39
19.77
19.41
20.56
20.41
ROCE (%)
11.19
12.41
12.45
68.62
68.85
Return On Assets (%)
2.09
2.44
2.39
2.58
2.58
Current Ratio (X)
3.53
3.06
2.82
1.14
1.14
Quick Ratio (X)
3.53
3.06
2.82
1.14
1.14
Debt to Equity (x)
7.63
6.56
6.62
6.48
6.38
Interest Coverage Ratios (X)
1.50
1.57
1.59
1.60
1.59
Asset Turnover Ratio (%)
8.86
0.10
0.09
0.09
0.10
Inventory Turnover Ratio (X)
0.00
0.00
0.00
0.00
0.00
3 Yr CAGR Sales (%)
25.28
24.34
14.90
15.59
19.81
3 Yr CAGR Net Profit (%)
37.39
32.40
50.00
29.92
25.73
P/E (x)
2.32
1.82
2.73
8.42
7.13
P/B (x)
0.60
0.48
0.53
1.73
1.45
EV/EBITDA (x)
10.91
10.28
10.86
11.71
11.18
P/S (x)
0.73
0.62
0.77
2.50
2.01
Corporate Actions
REC has announced several corporate actions including dividend payouts and bonus issues. Key announcements include:
Shareholder Meeting/Postal Ballot-Scrutinizer's Report: Intimation of Voting Results and Scrutiniser Report of 56th AGM was announced on August 29, 2025.
Shareholder Meeting/Postal Ballot-Outcome of AGM: Proceedings of the 56th Annual General Meeting were announced on August 27, 2025.
Analyst / Investor Meet - Outcome: Transcript of Investors Conference Call held on July 31, 2025, was announced on August 6, 2025.
Dividends
REC has announced multiple dividends:
Final Dividend: Rs 2.60 per share (26%) announced on May 8, 2025, with an effective date of August 14, 2025.
Interim Dividend: Rs 4.60 per share (46%) announced on July 24, 2025, with an effective date of August 1, 2025.
Interim Dividend: Rs 3.60 per share (36%) announced on March 19, 2025, with an effective date of March 26, 2025.
Interim Dividend: Rs 4.30 per share (43%) announced on February 6, 2025, with an effective date of February 14, 2025.
Interim Dividend: Rs 4.00 per share (40%) announced on October 28, 2024, with an effective date of November 8, 2024.
Bonus History
Bonus Ratio 1:3: Announced on June 30, 2022, with an ex-bonus date of August 17, 2022. The record date was August 18, 2022.
Bonus Ratio 1:1: Announced on August 11, 2016, with an ex-bonus date of September 28, 2016. The record date was September 29, 2016.
REC's stock performance reflects an increase of 2.01% with the last traded price at Rs 357.05.
