REC

Delhi, India Founded: 1969 • Age: 57 yrs Listed Acquired By PFC
Infrastructural financing is provided for development projects in India.
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About REC

REC is a publicly listed company based in Delhi (India) founded in 1969, and was acquired by PFC in December 2018. Infrastructural financing is provided for development projects in India. The company has 1,150 employees. Its website recindia.nic.in draws about 64 thousand monthly visits. Its Indian entity Rec Limited reported revenue of ₹59,628 Cr. REC offers products and services including Loan Products and Investment Bonds. Its focus areas include Public Administration and Government Entities.

Company details

REC was established in 1969 and is based in Delhi, India. Financing solutions are extended to infrastructure sectors including power, transportation, and water resources. Long-term loans and financial support are offered to public and private entities for project implementation. Operations are centered on national infrastructure growth, with services delivered through a structured lending framework across the country.

  • Headquarters Delhi, India
  • Employees 1,150
  • Stage Acquired
  • Sectors
    Government & Social Sector
  • Phone
    •••• ••••
  • Website recindia.nic.in
  • Social LinkedIn X Facebook YouTube
  • Acquired by PFC (Dec 2018)
  • Legal Name Rec Limited
Operational Areas
Government & Social Sector → Government Entities
Key Metrics
  • Market Cap
    ₹80,353 Cr

    RECLTD · NSE

  • Share Price
    ₹313.20

    +2.64% today

  • Revenue
    ₹59,586 Cr

    FY 2025-26 · +5.7% YoY

  • EBITDA
    ₹56,989 Cr

    Margin 95.6%

  • Net Profit
    ₹16,331 Cr

    FY 2025-26 · +2.8% YoY

  • P/E (TTM)
    5.2x

    P/B 0.8x

  • ROE
    20.1%

    ROCE 9.7%

  • Debt / Equity
    6.19

    Interest cover 63.6x

  • Investors
    Power Finance Corporation India

    & 2 more

  • Employee Count
    1,150
  • Acquired by
    PFC

    (Dec 2018)

Products & Services of REC

REC offers a comprehensive portfolio of products and services, including Loan Products and Investment Bonds.

Loan Products
Financial Services

Loans are provided for power sector projects and infrastructure development

Investment Bonds
Investment Services

Bonds are offered that allow for capital gain tax exemptions and support energy initiatives

Apps and channels of REC

its YouTube channel REC Limited has 1.55K subscribers and 30 videos.

REC Limited
YouTube 1.55K subscribers 30 videos Nonprofits & Activism
Open channel

Videos from REC

The most watched videos on REC's YouTube channel, REC Limited (1.55K subscribers). Click a video to play it here.

REC, PFC Share पर Brokerage हुए बुलिश! जानिए Morgan Stanley ने क्या दिए Targets : @etnowswadesh
64.7K views
Why Is Morgan Stanley Bullish on PFC and REC Full Details Inside : @ZeeBusiness
1.5K views
GC Shubhanshu and the entire Axiom Mission 4 crew have safely returned to Earth after space journey
767 views
Our Focus Is On Improving The Quality Of Our Orderbooks Harsh Baweja, DF, REC Limited I CNBC TV18
562 views

More on REC Limited.

Funding Insights of REC

  • Total Rounds 7
  • Investors Count 2

All 7 funding rounds of REC with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2025Post-IPO––
–
Oct 2022$3.68MDebt – Conventional––
Government of Maharashtra
Jan 2019$280.98MDebt – Conventional––
NABARD
Nov 2018$700.75MPost-IPO––
–
Mar 2018$300MDebt – Conventional––
–
Dec 2017$400MDebt – Conventional––
–
Jun 2013Post-IPO––
–
Valuation history

3 investors in total: 3 institutional.

Investors in REC

REC has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Power Finance Corporation India, Government of Maharashtra and NABARD.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Government of Maharashtra
Provider of secondary & higher secondary education
1994maharashtra.gov.inMumbai, India
NABARD
Provides financing and support for agriculture and rural development initiatives.
1982nabard.orgMumbai, India
Power Finance Corporation India
Real estate and infrastructure projects are financed by the firm.
1986pfcindia.comDelhi, India
Premium access

Investor details for REC

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Board of directors of Rec Limited (REC)

Rec Limited is the primary company behind REC. The board of Rec Limited currently have 6 directors; the longest-serving is Shashank Misra, appointed in 2023. 53 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Shashank Misra
DIN 08364288
Nominee Director21 Aug 20233 yrs 2 moRec Limited
Jitendra Srivastava
DIN 06817799
Managing Director22 Apr 20251 yr 6 moRec Limited
Thangarajan Subash Chandira Bosh
DIN 02772316
Whole-time director03 Oct 20251 yr 1 moRec Limited
Rajesh Kumar
DIN 06941428
Whole-time director02 Apr 20267 moRec Limited
Rajesh Kumar Agarwal
DIN 09699001
Nominee Director01 May 20266 moRec Limited
Poonam Chauhan
DIN 11842802
Director21 Jul 20263 moRec Limited

People of REC

43 people are tracked at REC (6 in leadership, 5 in board & advisors, 32 in team); the tracked headcount is 1,150.

NameRoleGroup
Ajoy Choudhury
Director, FinanceLeadership
Vijay Kumar Singh
Director, TechnicalLeadership
Ajay Prakash Kushwaha
Chief ManagerLeadership
Ashish Rao K
Deputy General Manager, Business Development & MarketingLeadership
Rishabh Jain
Deputy General ManagerLeadership
Jaspal Singh Kushwaha
General ManagerLeadership
Manoj Manohar Pande
DirectorBoard & advisors
Durgesh Nandini
DirectorBoard & advisors
Gambheer Singh
DirectorBoard & advisors
Manoj Sharma
DirectorBoard & advisors
Shri Narayanan Thirupathy
DirectorBoard & advisors
Manish Dadhich
SAP ISU ConsultantTeam
Madhukar Devarapalli
OfficerTeam
Allan Sebastian
Deputy Manager EngineeringTeam
Vivek Kumar Dewangan
Chairman & MDTeam
Shivam Maurya
Project Engineer ITTeam
Prashant Sarkar
Project EngineerTeam
Srikanta Kalyanam
OfficerTeam
Irfan R.
Corporate Communications & Public Relations OfficerTeam
Braveen Varma
Assistant ManagerTeam

23 more people are available in the full profile.

Premium access

Complete people profiles for REC

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

IPO & Listings of REC

REC is a publicly listed company on the NSE with ticker symbol RECLTD in India, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date12 Mar 2008
  • Listed onBSE: 532955 · NSE: RECLTD
  • Listed entityREC Limited
  • Exchange sectorFinance
  • ISININE020B01018
  • Share price₹312.10 (+1.66% on the day) · 2026-10-14
  • Market capitalisation₹80,708 Cr
  • Price to earnings5.1
  • EPS (diluted, trailing year)₹60.90
  • Dividend yield6.14%
  • Volume (last session)6,427,910

Financials of REC

Exchange-reported figures of Rec Limited, the listed company behind REC (NSE: RECLTD).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹59,586 Cr
+5.7% YoY
EBITDA
₹56,989 Cr
+5.1% YoY
Profit After Tax
₹16,331 Cr
+2.8% YoY
Net Worth
₹85,054 Cr
+8.5% YoY
Total Assets
₹5,99,780 Cr
+4.4% YoY
Total Debt
₹5,14,725 Cr
+3.7% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue59,58656,36947,51739,48639,27635,55729,942
Revenue growth+5.7%+18.6%+20.3%+0.5%+10.5%+18.8%-
EBITDA56,98954,20847,87837,62134,43732,26125,959
EBITDA margin+95.6%+96.2%+100.8%+95.3%+87.7%+90.7%+86.7%
Profit before tax20,76620,11717,96013,89812,43110,7807,030
Net profit16,33115,89014,14911,16910,0148,3814,973
Net profit margin+27.4%+28.2%+29.8%+28.3%+25.5%+23.6%+16.6%
EPS (₹)61.9360.3253.7242.4150.8242.4225.18
Balance sheet
Total assets5,99,7805,74,6195,14,9184,38,9103,84,3573,73,4873,21,685
Net worth85,05478,37669,35058,12151,31443,76435,396
Total debt5,14,7254,96,2434,45,5683,80,7903,33,0433,29,7232,86,289
Cash & bank1,6112,3432,9622,3962,6603,4033,975
Net working capital6,4225,2837,2179,7056,4413,1804,711
Cash flow
Cash from operations5,972(39,064)(57,723)(37,360)(3,910)(43,512)(32,712)
Cash from investing(3,308)(1,302)(1,831)(943)(287)861121
Cash from financing(2,375)40,03459,58838,1233,15942,11333,926
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue15,00014,43514,56415,05115,15314,73715,33414,272
Revenue growth (YoY)-1.0%-2.1%-5.0%+5.5%+10.8%+12.7%--
Other income10.0334.5719.577.529.7186.5314.8314.99
EBITDA13,91013,98813,33314,37814,67714,52114,25014,009
EBITDA margin+92.7%+96.9%+91.5%+95.5%+96.9%+98.5%+92.9%+98.2%
Depreciation6.746.796.896.806.666.706.496.31
Interest9,5228,7488,9319,2439,1318,9348,7688,837
Profit before tax4,3915,2684,4155,1365,5495,6665,4905,181
Tax9131,0761,0391,0841,1341,2011,1801,105
Net profit3,4784,1933,3754,0524,4154,4664,3104,076
EPS (₹)13.2115.9212.6915.3916.7716.9616.2415.48
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue59,14255,91247,15939,21639,16935,39229,773
Revenue growth+5.8%+18.6%+20.3%+0.1%+10.7%+18.9%-
EBITDA56,93653,95247,69837,46434,43432,23625,934
EBITDA margin+96.3%+96.5%+101.1%+95.5%+87.9%+91.1%+87.1%
Profit before tax20,71319,86017,78113,73912,42510,7566,983
Net profit16,29115,71914,02311,05710,0248,3654,887
Net profit margin+27.5%+28.1%+29.7%+28.2%+25.6%+23.6%+16.4%
EPS (₹)61.8359.6753.2441.9850.8742.3424.74
Balance sheet
Total assets5,99,0625,73,9275,14,3974,38,5163,84,0873,73,2093,21,417
Net worth84,29077,63868,78357,68050,98643,42635,077
Total debt5,14,7724,96,2894,45,6143,80,8363,33,1023,29,7822,86,340
Cash & bank9271,7502,4991,9872,4223,0703,700
Net working capital5,7624,6416,7459,3746,2302,9974,536
Cash flow
Cash from operations5,914(39,182)(57,885)(37,482)(872)(43,520)(32,448)
Cash from investing(3,319)(1,146)(1,875)(804)(210)864(136)
Cash from financing(2,375)40,03459,58838,11167.7342,11933,919
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue14,72814,29614,38614,94415,08414,64615,15914,157
Revenue growth (YoY)-2.4%-2.4%-5.1%+5.6%+11.2%+12.5%--
Other income9.0835.3020.298.2410.4887.3914.7115.52
Total expenses9333671,0715864041451,013219
EBITDA13,79413,92913,31514,35814,68114,50114,14613,938
EBITDA margin+93.7%+97.4%+92.6%+96.1%+97.3%+99.0%+93.3%+98.4%
Depreciation6.626.656.756.676.586.626.416.23
Interest9,5238,7488,9329,2439,1328,9358,7708,837
Profit before tax4,2745,2094,3975,1165,5535,6475,3855,110
Tax8831,0601,0351,0731,1271,1961,1481,081

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 11 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue15,00014,43514,56415,05115,15314,73715,33414,272
Revenue growth (YoY)-1.0%-2.1%-5.0%+5.5%+10.8%+12.7%--
Other income10.0334.5719.577.529.7186.5314.8314.99
EBITDA13,91013,98813,33314,37814,67714,52114,25014,009
EBITDA margin+92.7%+96.9%+91.5%+95.5%+96.9%+98.5%+92.9%+98.2%
Depreciation6.746.796.896.806.666.706.496.31
Interest9,5228,7488,9319,2439,1318,9348,7688,837
Profit before tax4,3915,2684,4155,1365,5495,6665,4905,181
Tax9131,0761,0391,0841,1341,2011,1801,105
Net profit3,4784,1933,3754,0524,4154,4664,3104,076
EPS (₹)13.2115.9212.6915.3916.7716.9616.2415.48
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue59,58656,36947,51739,48639,27635,55729,942
Revenue growth+5.7%+18.6%+20.3%+0.5%+10.5%+18.8%-
Other income42.3365.5053.8734.1762.7418.9574.02
Total expenses2,5972,161(360)1,8654,8393,2963,983
Employee cost272268238204180164193
EBITDA56,98954,20847,87837,62134,43732,26125,959
EBITDA margin+95.6%+96.2%+100.8%+95.3%+87.7%+90.7%+86.7%
Depreciation27.0524.7023.9924.2618.2410.8611.77
Interest36,23834,13129,94823,73322,05121,48918,991
Profit before tax20,76620,11717,96013,89812,43110,7807,030
Tax4,4584,2333,8142,7312,3952,4012,058
Net profit16,33115,89014,14911,16910,0148,3814,973
Net profit margin+27.4%+28.2%+29.8%+28.3%+25.5%+23.6%+16.6%
EPS (₹)61.9360.3253.7242.4150.8242.4225.18
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital3,1923,1922,6332,6331,9751,9751,975
Reserves & surplus81,86375,18466,15954,92948,78141,23133,422
Shareholders' funds (net worth)85,05478,37669,35058,12151,31443,76435,396
Minority interest0.000.000.000.000.000.000.00
Secured loans54,09754,64555,11351,49840,54135,48039,902
Unsecured loans4,60,6284,41,5973,90,4553,29,2922,92,5022,94,2432,46,387
Total debt5,14,7254,96,2434,45,5683,80,7903,33,0433,29,7232,86,289
Total liabilities5,99,7805,74,6195,14,9184,38,9103,84,3573,73,4873,21,685
Assets
Gross block743739731724697320219
Net block616629632641628267166
Capital work in progress12876.0123.592.726.07336288
Investments9,8316,6745,3523,1702,1901,9812,386
Inventories0.000.000.000.000.000.000.00
Sundry debtors29323515411394.55140111
Cash & bank balances1,6112,3432,9622,3962,6603,4033,975
Loans & advances44,89642,58837,37433,78930,19027,01725,970
Total current assets46,80145,16740,49136,29832,94530,56030,056
Total current liabilities40,37839,88333,27326,59226,50327,38025,345
Net working capital6,4225,2837,2179,7056,4413,1804,711
Total assets5,99,7805,74,6195,14,9184,38,9103,84,3573,73,4873,21,685
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash(337)(4.69)(38.89)1411,1791,718382
Net cash from operating activities5,972(39,064)(57,723)(37,360)(3,910)(43,512)(32,712)
Net cash from investing activities(3,308)(1,302)(1,831)(943)(287)861121
Net cash from financing activities(2,375)40,03459,58838,1233,15942,11333,926
Net change in cash289(333)34.21(180)(1,038)(538)1,336
Closing cash1,6112,3432,9622,3962,6603,4033,975
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+5.7%+18.6%+20.3%+0.5%+10.5%+18.8%-
EBITDA growth+5.1%+13.2%+27.3%+9.3%+6.8%+24.3%-
PBT growth+3.2%+12.0%+29.2%+11.8%+15.3%+53.3%-13.1%
Net income growth+2.8%+12.3%+26.7%+11.5%+19.5%+68.5%-
Revenue CAGR (3Y)+14.7%+12.8%+10.2%+9.7%+15.6%+16.2%+7.2%
EBITDA CAGR (3Y)+14.9%+16.3%+14.1%+13.2%+13.3%+18.7%+5.0%
Profitability & leverage
Net income margin+27.4%+28.2%+29.8%+28.3%+25.6%+23.6%+16.6%
Return on capital employed+9.7%+10.0%+10.1%+9.1%+9.1%+9.3%+8.7%
Return on net worth+20.1%+21.6%+22.2%+20.4%+21.1%+21.2%+14.2%
Debt / equity6.196.386.486.526.977.787.59
Long-term debt / equity6.126.296.376.486.827.547.39
Interest cover63.6262.9962.5863.1364.0766.6373.19
Efficiency & per share
Fixed asset turnover0.000.000.000.000.000.000.00
Inventory turnover0.000.000.000.000.000.000.00
Debtors turnover0.000.000.000.000.000.000.00
EPS (₹)61.9360.3253.7242.4150.8242.4225.18
Dividend per share (₹)18.5518.0016.0012.6015.3012.7111.00
Book value per share (₹)320.88295.52261.25218.60257.00218.77179.23
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue14,72814,29614,38614,94415,08414,64615,15914,157
Revenue growth (YoY)-2.4%-2.4%-5.1%+5.6%+11.2%+12.5%--
Other income9.0835.3020.298.2410.4887.3914.7115.52
Total expenses9333671,0715864041451,013219
EBITDA13,79413,92913,31514,35814,68114,50114,14613,938
EBITDA margin+93.7%+97.4%+92.6%+96.1%+97.3%+99.0%+93.3%+98.4%
Depreciation6.626.656.756.676.586.626.416.23
Interest9,5238,7488,9329,2439,1328,9358,7708,837
Profit before tax4,2745,2094,3975,1165,5535,6475,3855,110
Tax8831,0601,0351,0731,1271,1961,1481,081
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue59,14255,91247,15939,21639,16935,39229,773
Revenue growth+5.8%+18.6%+20.3%+0.1%+10.7%+18.9%-
Other income45.3767.1655.5236.9461.5518.8455.86
Total expenses2,2061,960(539)1,7524,7353,1563,839
Employee cost243245214182160145176
EBITDA56,93653,95247,69837,46434,43432,23625,934
EBITDA margin+96.3%+96.5%+101.1%+95.5%+87.9%+91.1%+87.1%
Depreciation26.6224.3923.7224.0917.969.5310.00
Interest36,24134,13529,94923,73822,05321,48918,997
Profit before tax20,71319,86017,78113,73912,42510,7566,983
Tax4,4314,1473,7612,6842,3792,3942,097
Net profit16,29115,71914,02311,05710,0248,3654,887
Net profit margin+27.5%+28.1%+29.7%+28.2%+25.6%+23.6%+16.4%
EPS (₹)61.8359.6753.2441.9850.8742.3424.74
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital3,1923,1922,6332,6331,9751,9751,975
Reserves & surplus81,09974,44665,59254,48848,45240,89333,102
Shareholders' funds (net worth)84,29077,63868,78357,68050,98643,42635,077
Secured loans54,14454,69255,15951,54540,58735,52739,949
Unsecured loans4,60,6284,41,5973,90,4553,29,2922,92,5142,94,2562,46,392
Total debt5,14,7724,96,2894,45,6143,80,8363,33,1023,29,7822,86,340
Total liabilities5,99,0625,73,9275,14,3974,38,5163,84,0873,73,2093,21,417
Assets
Gross block739735727720693316210
Net block614628631641628266162
Capital work in progress12876.0123.592.726.07336288
Investments9,7996,6425,3203,1382,1581,9102,313
Inventories0.000.000.000.000.000.000.00
Sundry debtors0.000.000.000.000.000.000.00
Cash & bank balances9271,7502,4991,9872,4223,0703,700
Loans & advances44,84942,51937,29033,74830,13426,95225,906
Total current assets45,77644,26939,78835,73532,55530,02229,606
Total current liabilities40,01439,62833,04326,36126,32527,02525,071
Net working capital5,7624,6416,7459,3746,2302,9974,536
Total assets5,99,0625,73,9275,14,3974,38,5163,84,0873,73,2093,21,417
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash(516)(221)(48.59)1261,1401,678343
Net cash from operating activities5,914(39,182)(57,885)(37,482)(872)(43,520)(32,448)
Net cash from investing activities(3,319)(1,146)(1,875)(804)(210)864(136)
Net cash from financing activities(2,375)40,03459,58838,11167.7342,11933,919
Net change in cash220(295)(173)(175)(1,014)(538)1,335
Closing cash9271,7502,4991,9872,4223,0703,700
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+5.8%+18.6%+20.3%+0.1%+10.7%+18.9%-
EBITDA growth+5.5%+13.1%+27.3%+8.8%+6.8%+24.3%-
PBT growth+4.3%+11.7%+29.4%+10.6%+15.5%+54.0%-13.8%
Net income growth+3.6%+12.1%+26.8%+10.3%+19.8%+71.2%-
Revenue CAGR (3Y)+14.7%+12.6%+10.0%+9.6%+15.7%+16.4%+7.8%
EBITDA CAGR (3Y)+15.0%+16.2%+14.0%+13.0%+13.2%+18.8%+5.2%
Profitability & leverage
Net income margin+27.5%+28.1%+29.7%+28.2%+25.7%+23.6%+16.4%
Return on capital employed+9.7%+9.9%+10.0%+9.1%+9.1%+9.3%+8.7%
Return on net worth+20.3%+21.6%+22.2%+20.4%+21.3%+21.3%+14.1%
Debt / equity6.246.436.546.577.027.857.65
Long-term debt / equity6.186.346.426.526.877.617.46
Interest cover63.6863.3062.8263.4064.0866.6873.28
Efficiency & per share
Fixed asset turnover0.000.000.000.000.000.000.00
Inventory turnover0.000.000.000.000.000.000.00
Debtors turnover0.000.000.000.000.000.000.00
EPS (₹)61.8359.6753.2441.9850.8742.3424.74
Dividend per share (₹)18.5518.0016.0012.6015.3012.7111.00
Book value per share (₹)317.98292.72259.09216.93255.34217.06177.61

Timeline of REC

5 dated milestones of REC across 56 years, from founding to its latest funding, stage changes and deals.

  1. Founded REC is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Funding First funding round.
  4. Exit Acquired by PFC.
  5. Funding Latest funding round, Post-IPO,.

Web traffic of REC

The website of REC (recindia.nic.in) receives about 64.4K visits a month.

  • Monthly visits
    64.4K

    ▼ 17.1% vs previous month

Similar websites

Websites whose visitors overlap most with REC. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
Power Finance Corporation India
pfcindia.com
100%
3.7K#4,678,151View details
REC Power Development and Consultancy Limited
recpdcl.in
83%
#2,335,080View details
National Portal of India
india.gov.in
80%
13MView details
cercind.gov.in
cercind.gov.in
74%
#512,992–
esic.nic.in
esic.nic.in
71%
#1,193,608–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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Top companies in Government Entities

2 companies that operate in the same segment as REC (Government Entities) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
NTPC
Electricity generation and allied activities are conducted by NTPC.
1975Delhi, Delhi, IndiaUSD 22.95 B12,843
Government of Tamil Nadu
Government services and information are provided via the portal.
1950Chennai, Tamil Nadu, IndiaUSD 5.92 M48
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Related news about Rec

REC: Company Lowers FY 27 Loan Book Growth Forecast To 10-11% From 12-13% After Concall
Exchange Update • 13 days ago
REC: Prepayments Decreased To ₹19,000 Crore In H1 FY27 Compared To ₹1,00,000 Crore In FY26
Exchange Update • 13 days ago
RECLTD: Q2 REVENUE 147.3B RUPEES VS 151B (YOY)
Exchange Update • 16 days ago
RECLTD: Q2 SL NET PROFIT 33.9B RUPEES VS 44.3B (YOY); EST 35.1B
Exchange Update • 16 days ago
RECLTD: Rs. 31.11 Crores NSE Block Trade; for ~ 1,016,217 Shares, at Rs. 306.10
Exchange Update • 28 days ago
Rec: Company Transfers Balsane Power Transmission To Resonia Limited For ₹5.59 Crore
Exchange Update • 1 month ago
FM Sitharaman pushes RBI to sharpen digital rupee as tokenisation takes off - The Economic Times
Economic Times • 2 months ago
What Is a Tokenised Bond? How India's first blockchain bond will actually work and why it matters - CNBC TV18
CNBCTV18 • 2 months ago
Indian state-run lender REC raises $53m through tokenized bond
Tech in Asia • 2 months ago
REC Issues ₹500 Cr Through Tokenised Corporate Bonds, 8x Oversubscribed – Outlook Business
Outlook Business • 2 months ago
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Frequently Asked Questions about REC

REC was founded in 1969 and raised its 1st funding round 44 years after it was founded.

REC is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

REC has 1,150 employees.

The primary company behind REC, Rec Limited, reported revenue of ₹59,628 Cr for FY 2026, up 6% year on year.

REC was established in 1969 and is based in Delhi, India. Financing solutions are extended to infrastructure sectors including power, transportation, and water resources. Long-term loans and financial support are offered to public and private entities for project implementation. Operations are centered on national infrastructure growth, with services delivered through a structured lending framework across the country.

REC offers Loan Products and Investment Bonds.

Yes, REC is publicly traded on NSE under the ticker symbol RECLTD.

REC has 3 investors. Key investors include Power Finance Corporation India, Government of Maharashtra, and NABARD.

REC operates through Rec Limited.

Yes. REC was acquired by PFC in December 2018.

The legal entities of REC currently have 7 directors, including Thangarajan Subash Chandira Bosh, Rajesh Kumar, Jitendra Srivastava and others.

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