REC (NSE:RECLTD) Notes Receivable: ₹0 Mil (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:RECLTD REC Ltd NSE:RECLTD
66 GF Score
Price ₹349.60
GF Value ₹434.75
Valuation Modestly Undervalued
! 4 Warning Signs
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What is REC Notes Receivable?

REC NSE:RECLTD -0.60% 66 Notes Receivable is ₹0 Mil as of Mar. 2026. GuruFocus rates NSE:RECLTD with a GF Score™ of 66/100 and a GF Value™ of ₹434.75 (Modestly Undervalued). The stock has 4 warning signs investors should review.

REC's Notes Receivable for the quarter that ended in Mar. 2026 was ₹0 Mil.

REC Notes Receivable Historical Data

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The historical data trend for REC's Notes Receivable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

REC Notes Receivable Chart

REC Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Notes Receivable
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REC Quarterly Data
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Notes Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
NSE:RECLTD
66GF Score
REC Ltd NSE:RECLTD
Notes Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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REC Notes Receivable Calculation

Notes Receivable is an unconditional promise to receive a definite sum of money at a future date(s) within one year of the balance sheet date or the normal operating cycle, whichever is longer.

Frequently Asked Questions Learn more about Notes Receivable →
What does a Notes Receivable of ₹0 Mil mean?
REC (NSE:RECLTD) has a Notes Receivable of ₹0 Mil as of Mar. 2026. Notes Receivable is an unconditional promise to receive a definite sum of money within one year. View historical data on REC and its competitors.
Is REC's Notes Receivable too high?
REC's current Notes Receivable is ₹0 Mil. Overall, REC has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does REC's Notes Receivable compare to V and MA?
REC's Notes Receivable of ₹0 Mil can be compared against companies in the Credit Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Notes Receivable for a Credit Services company?
A good Notes Receivable depends on the Credit Services industry context. However, Notes Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Notes Receivable mean?
A high Notes Receivable can signal that a stock is expensive relative to its fundamentals. Notes Receivable is an unconditional promise to receive a definite sum of money within one year. View historical data on REC and its competitors. REC's current Notes Receivable is ₹0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is REC stock overvalued right now?
Based on GuruFocus' analysis, REC (NSE:RECLTD) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹434.75, compared to a current price of ₹349.60 — trading 19.6% below its estimated fair value. The current Notes Receivable is ₹0 Mil. REC's overall GF Score™ is 66/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Notes Receivable calculated?
Notes Receivable is calculated from a company's financial statements. For REC (NSE:RECLTD), the current Notes Receivable is ₹0 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is REC (NSE:RECLTD) Overvalued in 2026?

Based on GuruFocus' analysis, REC stock appears to be undervalued. The current stock price of ₹349.60 is trading 19.6% below its estimated GF Value™ of ₹434.75. GuruFocus considers REC to be Modestly Undervalued.

Key valuation signals for NSE:RECLTD:

  • Notes Receivable: ₹0 Mil
  • GF Value™: ₹434.75 vs. price of ₹349.60 (19.6% below fair value)
  • GF Score™: 66/100 with 4 warning signs

No single metric tells the full story. See the NSE:RECLTD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

REC Business Description

Other Exchanges 532955:India
Address Sector-29, Plot No. 1.-4, Near IFFCO Chowk Metro Station, Gurugram, HR, IND, 122001
REC Ltd is a non-banking financial company operating in India. The company's main objective is to finance and promote power sector projects on the subcontinent. REC provides loan assistance to numerous state power utilities, private sector project developers, central power sector utilities, and state governments. REC investments include power generation, power transmission, power distribution, and other system improvement initiatives. REC is also instrumental in implementing several initiatives spearheaded on behalf of the government of India, including rural electrification. It comprises only one business segment-lending to power, logistic and infrastructure sector. The majority of its revenue derives from long-term financing.
66GF Score

Get the complete analysis for NSE:RECLTD

Notes Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹349.60
Price
₹434.75
GF Value