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Rec Limited Fundamentals

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ConsolidatedStandalone
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Market Cap

80352.83 Cr.

Face value

10.00

Book value

332.42

Div. yield

5.90%

P/E ratio

4.66

P/B ratio

0.92

Debt/Eq.

6.33

Market Cap

80352.83 Cr.

Face value

10.00

Book value

332.42

Div. yield

5.90%

P/E ratio

4.66

P/B ratio

0.92

Debt/Eq.

6.33
About Rec Limited
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REC is a 'Maharatna' company under the administrative control of the Ministry of Power, Government of India, and is registered with RBI as Non-Banking Finance Company (NBFC), Public Financial Institution (PFI) and Infrastructure Financing Company (IF Read more ▾

IndustryFinance Term Lending
SectorFinance
Top subsidiaries
REC Power Development & Consultancy Ltd.
MANAGEMENT
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Chairman & Managing DirectorVivek Kumar Dewangan
Non Executive Independent DirectorDurgesh Nandini
Nominee Director of Power Finance Corporation LimitedManoj Sharma
Non Executive Independent DirectorManoj Pande
Non Executive Independent DirectorNarayanan Thirupathy
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Chairman & Managing DirectorVivek Kumar Dewangan
Non Executive Independent DirectorDurgesh Nandini
Nominee Director of Power Finance Corporation LimitedManoj Sharma
Non Executive Independent DirectorManoj Pande
Non Executive Independent DirectorNarayanan Thirupathy
Non Executive Independent DirectorGambheer Singh
Executive Director (Law) & Company SecretaryJ S Amitabh
Chairman & Managing Director & Director (projects) & Director (Finance)Jitendra Srivastava
Whole Time Director - ProjectsV K Singh
Non Executive Independent DirectorNarayanan Thirupathy
Nominee Director - PFCManoj Sharma
Non Executive Independent DirectorDurgesh Nandini Tiwari
Company Secretary & Compliance OfficerDinesh Garg
Non Executive Independent DirectorGambheer Singh
Government Nominee DirectorShashank Misra
Director - ProjectsThangarajan Subash Chandira Bosh
Executive DirectorTaruna Gupta
Chairman & Managing Director & Director (projects) & Director (Finance)Jitendra Srivastava
Chairman & Managing DirectorVivek Kumar Dewangan
Government Nominee DirectorShashank Misra
Director - Finance & Chief Financial OfficerHarsh Baweja
Executive DirectorSubhash Chandra Garg
Executive Director - Finance & Chief Financial OfficerHarsh Baweja
Chairman & Managing Director & Director (projects)Jitendra Srivastava
Executive DirectorSubrata Aich
Chairman & Managing Director & Director (projects)Jitendra Srivastava
Government Nominee DirectorShashank Misra
Executive DirectorDB Londhe
Executive Director (Finance-Bonds)Rajesh Kumar
Executive DirectorML Kumawat
Nominee Director of Power Finance Corporation Ltd.Manoj Sharma
Executive Director & Company SecretaryJ S Amitabh
Non Executive Independent DirectorNarayanan Thirupathy
Whole Time Director - FinanceAjoy Choudhury
Part Time Non-Official DirectorDurgesh Nandini Tiwari
Part Time Non-Official DirectorManoj Manoharrao Pande
Part Time Non-Official DirectorGambheer Singh
Government Nominee DirectorVishal Kapoor
Director - TechnicalVijay Kumar Singh
Chairman & Managing DirectorVivek Kumar Dewangan
Executive Director & Company SecretaryJ S Amitabh
Government Nominee DirectorTanmay Kumar
Chairman & Managing DirectorVivek Kumar Dewangan
Nominee Director of PFCParminder Chopra
Whole Time Director - FinanceAjoy Choudhury
Compliance OfficerHemant Kumar
Chairman & Managing DirectorVivek Kumar Dewangan
Chairman & Managing DirectorVivek Kumar Dewangan
Government Nominee DirectorVishal Kapoor
Whole Time Director - TechnicalV K Singh
Nominee DirectorManoj Sharma
Part Time Non-Official DirectorNarayanan Thirupathy
Government Nominee DirectorPiyush Singh
Company SecretaryJ S Amitabh
Non Executive Independent DirectorDurgesh Nandini Tiwari
Non Executive Independent DirectorGambheer Singh
Non Executive Independent DirectorManoj Pande
Other detail of Rec Limited
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location
AddressCore 4, Scope Complex, 7, Lodhi Road, ,New Delhi ,Delhi-110003.
phone
Telephone011 4309 1500/1501
email
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MORE DETAILS
NSE Code15355
NSE SymbolRECLTD
SeriesEQ
ISININE020B01018
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Frequently Asked Questions

REC finances projects in the power sector, including generation, transmission, and distribution, as well as non-power infrastructure like metro rail, roads, and energy-efficient public infrastructure. The company offers loans with varying durations, tailored to government entities, IPPs, and private borrowers.

REC operates in all 28 states of India, maintaining 33 facilities across the country. It does not have international operations, as its business is not export-oriented.

As of March 31, 2025, REC operates with one fully owned subsidiary. Additionally, it incorporates project-specific special purpose vehicles (SPVs) as needed for project financing, which are transferred through tariff-based competitive bidding processes.