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Realtime updates for REC Limited [RECLTD.NS]

Exchange: NSE Sector: Financial Services Industry: Credit Services
Last Updated7 May 2024 @ 06:00

-1.85% INR 507.05

Live Chart Being Loaded With Signals

Commentary (7 May 2024 @ 06:00):

REC Limited, a public financial institution, provides financing services for power generation, transmission, and distribution projects in India. It primarily offers term-loan, medium-term loan, and short-terms loan...

Stats
Today's Volume 34.60M
Average Volume 16.42M
Market Cap 1 335.17B
EPS INR0 ( 2024-01-22 )
Next earnings date ( INR12.90 ) 2024-07-23
Last Dividend INR3.00 ( 2023-08-14 )
Next Dividend INR0 ( N/A )
P/E 9.47
ATR14 INR0.745 (0.15%)

Volume Correlation

Long: 0.26 (neutral)
Short: 0.59 (weak)
Signal:(45.439) Neutral

REC Limited Correlation

10 Most Positive Correlations
10 Most Negative Correlations

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

REC Limited Correlation - Currency/Commodity

The country flag 0.14
( neutral )
The country flag 0.23
( neutral )
The country flag -0.04
( neutral )
The country flag 0.19
( neutral )
The country flag 0.57
( weak )
The country flag 0.00
( neutral )

REC Limited Financials

Annual 2023
Revenue: INR466.88B
Gross Profit: INR449.93B (96.37 %)
EPS: INR53.72
FY 2023
Revenue: INR466.88B
Gross Profit: INR449.93B (96.37 %)
EPS: INR53.72
FY 2022
Revenue: INR146.02B
Gross Profit: INR127.27B (87.16 %)
EPS: INR42.28
FY 2022
Revenue: INR163.69B
Gross Profit: INR163.69B (100.00 %)
EPS: INR38.12

Financial Reports:

No articles found.

REC Limited Dividends

(Q3/22) (Q4/22) (Q1/23) (Q2/23) (Q3/23) (Q4/23) (Q1/24) (Q2/24) (Q3/24) (Q4/24)
INR3.60
(N/A)
INR5.00
(N/A)
INR3.25
(N/A)
INR0
(N/A)
INR7.35
(N/A)
INR0
(N/A)
INR0
(N/A)
INR0
(N/A)
INR0
(N/A)
INR0
(N/A)

REC Limited Dividend Information - Dividend King

Dividend Sustainability Score: 4.53 - low (50.40%) | Divividend Growth Potential Score: 1.912 - No dividend expected

Very Unsafe

High risk of being cut

Unsafe

Heightened risk of being cut

Borderline

Moderate risk of being cut

Safe

Unlikely to be cut

Very Safe

Very unlikely to be cut

Information
First Dividend INR1.125 2008-09-08
Last Dividend INR3.00 2023-08-14
Next Dividend INR0 N/A
Payout Date 0000-00-00
Next Payout Date N/A
# dividends 34 --
Total Paid Out INR95.16 --
Avg. Dividend % Per Year 6.82% --
Score 5.53 --
Div. Sustainability Score 4.53
Div.Growth Potential Score 1.912
Div. Directional Score 3.22 --
Next Divdend (Est)
(2024-07-01)
INR2.96 Estimate 7.54 %
Dividend Stability
0.30 Poor
Dividend Score
5.53
Pay Frequency
Quarterly
Yearly Payout
Year Amount Yield
2008 INR0 0.00%
2009 INR0 0.00%
2010 INR0 0.00%
2011 INR0 0.00%
2012 INR0 0.00%
2013 INR0 0.00%
2014 INR0 0.00%
2015 INR0 0.00%
2016 INR0 0.00%
2017 INR0 0.00%
2018 INR6.86 7.40%
2019 INR8.25 9.12%
2020 INR12.75 11.80%
2021 INR8.41 8.32%
2022 INR13.10 12.90%
2023 INR10.60 8.80%
2024 INR0 0.00%

Dividend Commentary

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Top 10 dividend Companies for NSE

Symbol Title Last dividend Frequency Years Dividend Yearly Dividend Score
TIPSINDLTD.NS Dividend Knight 2023-08-03 Annually 17 0.03%
PEL.NS Dividend Junior 2023-06-16 Annually 29 1.59%
JAICORPLTD.NS Dividend Junior 2023-09-04 Annually 17 0.27%
DBCORP.NS Dividend Knight 2023-08-01 Semi-Annually 15 3.47%
SIGIND.NS Ex Dividend Junior 2023-09-22 Annually 11 0.62%
MAZDA.NS Dividend Junior 2023-09-07 Annually 8 1.43%
GUFICBIO.NS Dividend Junior 2023-09-21 Annually 20 0.04%
BASF.NS Dividend Junior 2023-07-20 Annually 23 0.18%
PRECWIRE.NS Dividend Knight 2023-08-28 Semi-Annually 23 1.28%
KALYANIFRG.NS Dividend Junior 2023-09-13 Annually 17 0.81%

Dividend Sustainability Score (DSS)

RatioActual ValueWeightNormalized ValueScoreRange
netProfitMarginTTM0.5861.50010.0010.00[0 - 0.5]
returnOnAssetsTTM0.02581.2009.1410.00[0 - 0.3]
returnOnEquityTTM0.2211.5008.6510.00[0.1 - 1]
payoutRatioTTM0.0668-1.0009.33-9.33[0 - 1]
currentRatioTTM0.08160.800-4.59-3.67[1 - 3]
quickRatioTTM0.6890.800-0.650-0.520[0.8 - 2.5]
cashRatioTTM0.007241.500-1.071-1.606[0.2 - 2]
debtRatioTTM0.814-1.50010.00-10.00[0 - 0.6]
interestCoverageTTM0.8291.000-0.804-0.804[3 - 30]
operatingCashFlowPerShareTTM-56.682.00-10.00-10.00[0 - 30]
freeCashFlowPerShareTTM-56.762.00-10.00-10.00[0 - 20]
debtEquityRatioTTM6.49-1.50010.00-10.00[0 - 2.5]
grossProfitMarginTTM0.3641.0007.277.27[0.2 - 0.8]
operatingProfitMarginTTM1.0271.00010.0010.00[0.1 - 0.6]
cashFlowToDebtRatioTTM-0.03371.000-1.299-1.299[0.2 - 2]
assetTurnoverTTM0.04410.800-3.04-2.43[0.5 - 2]
Total Score4.53

Dividend Growth Score (DGS)

RatioActual ValueWeightNormalized ValueScoreRange
peRatioTTM9.701.0009.120[1 - 100]
returnOnEquityTTM0.2212.509.1310.00[0.1 - 1.5]
freeCashFlowPerShareTTM-56.762.00-10.00-10.00[0 - 30]
dividendYielPercentageTTM2.971.50010.000[0 - 0.4]
operatingCashFlowPerShareTTM-56.682.00-10.00-10.00[0 - 30]
payoutRatioTTM0.06681.5009.33-9.33[0 - 1]
pegRatioTTM0.8861.5007.420[0.5 - 2]
operatingCashFlowSalesRatioTTM-0.6231.000-10.000[0.1 - 0.5]
Total Score1.912

REC Limited

REC Limited, a public financial institution, provides financing services for power generation, transmission, and distribution projects in India. It primarily offers term-loan, medium-term loan, and short-terms loan. The company also acts as a nodal agency for the implementation of Pradhan Mantri Sahaj Bijli Har Ghar Yojana for universal household electrification, Deen Dayal Upadhyaya Gram Jyoti Yojana, National Electricity Fund, Outage Management System, and 11kv Rural Feeder Monitoring Scheme, as well as acts as the bid process coordinator for selection of transmission service provider through tariff based competitive bidding process for independent inter-state and intra-state transmission projects; and provides implementation and consultancy services in power sector. It serves central/state government power utilities, as well as private sector power utilities. The company was formerly known as Rural Electrification Corporation Limited and changed its name to REC Limited in October 2018. REC Limited was incorporated in 1969 and is based in Gurugram, India. REC Limited is a subsidiary of Power Finance Corporation Limited.

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