REC Ltd.
Fundamentals
- Market cap
- ₹96,021 cr
- P/E
- 5.89×
- ROE
- 20.27%
- Debt / equity
- 6.33
- Div yield
- 5.10%
- 52-week range
- 304.05 — 409.80
Company snapshot
REC Ltd.
NBFC
₹92,005 cr
P/E 5.64×
Latest quarter · Mar 2026
Total income₹14,564 cr
Net profit₹3,375 cr
Net margin+23.2%
EPS₹12.82
Leverage & growth
Debt / equity6.33×
Sales CAGR+9.7%
EPS CAGR+11.0%
The timeline — 2 notes on REC Ltd.
June 2026
- 28 Jun 26 · 10:35 PM IST Lead Lead · M&A · Large cap
REC board clears merger with PFC at 0.88:1 swap ratio
The all-stock deal will dissolve REC, creating a dominant power-sector lender with a combined balance sheet. PFC, which already holds 52.63%, will issue new equity to the remaining shareholders.
- 10 Jun 26 · 7:10 PM IST Alert Alert · M&A · Large cap
President clears REC merger into PFC, creating a ₹10 lakh crore lending giant.
The biggest regulatory hurdle is cleared. What's left is the money: agreeing on a share-swap ratio that satisfies both sets of shareholders.