REC Ltd (NSE:RECLTD)

Q1 2026 REC Limited Earnings Call Transcript

Jul 30, 2025 / 04:30 AM GMT

Release Date Price: ₹395.2 (-1.09%)

Transcript

Key Points

Positve

REC Ltd (BOM:532955) recorded its highest ever quarterly net profit of 4,451 crores, marking a 29% growth from the previous year.
The company achieved its highest ever quarterly disbursements of 59,508 crores, a 36% increase year-on-year.
REC Ltd (BOM:532955) maintained a strong asset quality with gross NPA reduced to 1.05% and net NPA to 0.24%.
The company has a robust capital adequacy ratio of 23.98%, well above the required 15%, providing a cushion for future growth.
REC Ltd (BOM:532955) continues to reward shareholders with dividends, announcing a first interim dividend of INR 4.6 per share for the quarter.

Negative

The company's loan book growth has slowed to 10% this quarter, down from previous higher growth rates.
There is a significant runoff from the loan book, with prepayments and repayments accounting for 26% of the opening loan book in FY25.
The company faces potential challenges from new RBI prudential guidelines, which may increase provisioning requirements for under-construction projects.
REC Ltd (BOM:532955) experienced fair value losses on derivatives due to currency fluctuations, impacting financial results.
The company is exposed to risks from large government projects, such as the Kaliswaram project, which has been flagged for viability concerns.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

RECM.NS - REC Limited
Q1 2026 REC Limited Earnings Call
Jul 31, 2025 / 04:30AM GMT

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Presentation
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Unidentified_1 [1]
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Ladies and gentlemen.

Good day and welcome to REC Limited Q1 FY26 earnings conference call hosted by Elara Securities Private Limited.

As a reminder, all participant lines will be in the listen-only mode, and there will be an opportunity for you to ask questions after the presentation concludes. Please note that this conference is being recorded. I now hand over the conference to Ms. Shweta Dataar.

Thank you, and over to you, ma'am.

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Unidentified_2 [2]
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Thank you, Huda. Good morning, everyone. On behalf of Elara Securities, we welcome you all

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