REC recorded its highest ever quarterly disbursement in Q1 FY 26, wherein recorded total disbursements of INR59,508 crores, which was up 36%

 

  • REC recorded its highest ever quarterly disbursement in Q1 FY 26, wherein recorded total disbursements of INR59,508 crores, which was up 36%


  • Continuing that, for the Q1 FY 26, the Board of Directors have approved an interim dividend, the first interim dividend of INR 4.60 per share, which is 46% of the face value of INR10. 
  • The annualized earnings per share for the Q1 was INR67.60 and the book value per share as of 30th June has reached to INR302.63. 
  • On the awards and accolades front, have been getting various awards in almost all the fields, be it corporate governance, best funding solutions, excellence in green finance reporting, CSR awards, technology awards for generative AI implementation. 
  • On the operational performance front, have made robust sanctions across all disciplines. 
  • As against the total sanctions of more than INR3 lakh crores in the last year, during Q1 itself, REC has sanctioned more than INR1 lakh crores worth of projects. 
  • The renewable energy remains to be the dominant force wherein have sanctioned around 20% of the power projects. 
  • The distribution remains the largest area with 43% of the total sanctions made in the Q1 FY 26. 
  • REC recorded its highest ever quarterly disbursement in Q1 FY 26, wherein recorded total disbursements of INR59,508 crores, which was up 36% from the last year. 
  • The renewable energy disbursements were INR7,233 crores, which was up by 35% from the last financial year. 
  • On the outstanding loan composition front, loan book has reached INR5,84,568 crores as of 30th June 2025, which is an increase of 10% from the last financial year. 
  • The state sector remains the largest area - largest focus with 87% of total loan book and the private sector remaining at 13%. 
  • The RE loan book has continuously increased its pace and now the RE loan book stands at 11% of total loan book at INR63,850 crores, which is an increase of 49% from the last financial year. 
  • On the shareholding pattern, the Holding Company, Power Finance Corporation remains to be the largest shareholder of REC with 52.63% equity of total paid-up capital. 
  • The foreign institutional investors hold 19.16% of equity as of 30th June 2025. 
  • Have been continuously rewarding shareholders by high dividend year-on-year. 
  • In the last financial year, have paid a total dividend of INR18 per share, which was 180% on the face value of INR10. 
  • During Q1 FY 26, REC has resolved one stressed asset, TRN Energy worth almost INR1,504 crores, resulting in gross NPA coming down to 1.05% as of 30th June 2025 and net NPA to 0.24%. 
  • The remaining 11 NPAs totalling to about INR6,147 crores have provision coverage of more than 77% , 77.05% to be precise, which are being resolved through NCLT. 
  • There are no NPAs in the state sector, and are maintaining an ECL coverage of 0.87% on standard assets, which is as per the ECL methodology under IndAS accounting norms

Comments

Post a Comment

Popular posts from this blog

Transcript of NMDC Limited post Q4 & FY 2024-25 Results

Image
Transcript of NMDC Limited post Q4 & FY 2024-25 Results Growth in PAT on an annual or a year-on-year 12-month basis of around 19% and PBT after exceptional item of around 16% Gold operations in Legacy, the first year was have also stabilized Legacy in the last 2 months, 3 months.  And hopefully, in this financial year, Legacy would also be showing good profits IMPORTS India which imports around 55 million, 60 million tons is likely to go up to 150 million to 160 million tons of import for India in terms of coking coal.  Have entered into arrangement with SAIL 60% of total sales as of date is routed through SAIL because send it to their stocking yard.  So based on the user charge, they also market mmdc products 40% still Nmdc market directly in terms of HR coils 2025 year will be much more substantially action packed in terms of NMDC Open new mines within India, coal and iron ore Outside India, we hope to acquire a few mines.  This will be a year where it will be ...
Read more

Looking to park some excess funds for the short term.?

Image
Looking to park some excess funds for the short term.  LiquidBeES by Nippon - has been the default choice for years. But lately, it’s become muscle memory to run everything past ChatGPT.  Just a quick: “Is there a better option than LiquidBeES?” It turns out, there is.  LIQUIDCASE by Zerodha AMC.  Difference was not subtle and decision was easier : - Expense ratio: Less than half of LiquidBeES - Net returns: ~6.2% vs ~5.7% (1-year annualized) - Same safety, same liquidity - AUM already >1/3rd of LiquidBeES in record time This is how discovery is changing. And this is how smart products go viral. Zerodha didn’t try to educate the market.  Discovery is no longer driven by ads or advisors.  It’s driven by habit, trust, and tools like ChatGPT. And when you get it right, traction follows fast. I won’t be surprised if LIQUIDCASE overtakes LiquidBeES in under 18 months. Thank you for contacting Rounaq! Please let us know how we can help you.  About me :...
Read more

𝐖𝐡𝐲 𝐃𝐨 𝐍𝐑𝐈𝐬 𝐈𝐧𝐯𝐞𝐬𝐭 𝐢𝐧 𝐈𝐧𝐝𝐢𝐚?

Image
  𝐖𝐡𝐲 𝐃𝐨 𝐍𝐑𝐈𝐬 𝐈𝐧𝐯𝐞𝐬𝐭 𝐢𝐧 𝐈𝐧𝐝𝐢𝐚? Whether you're living in the US, UAE, UK, or Singapore; India continues to be a hotspot for wealth creation. But why do so many NRIs still invest here? Here’s why 👇 ✅ Higher Returns – Indian equity markets, mutual funds, and even fixed deposits offer attractive long-term returns. ✅ Tax-Free Income – Interest from NRE and FCNR deposits is tax-free in India. Plus, DTAA helps avoid double taxation. ✅ Currency Edge – You invest in INR, and with the right timing, your gains in foreign currency terms could be even higher. ✅ Diversification – Indian assets like gold, real estate, and stocks add balance to a global portfolio. ✅ Future Ready – Planning to return to India someday? Build your base early with property or retirement-focused investments. ✅ Emotional Roots – Beyond numbers, India is still home. 💡 Whether it’s for wealth creation, retirement planning, or building assets back home, India offers a solid mix of growth + stability...
Read more