Home MarketRural Electrification Corporation Ltd.

Rural Electrification Corporation Ltd. Stock Info: As on 2018-05-24 15:59:45

Nse

113.45

5.30(4.90%)
Change%
52 Week Range
107.70
22.00
215.90
23.00
Open109.00
Day's Range97.34 - 118.97
Value Traded (in ₹ Cr.) 54.00

Bse

113.25

5.20(4.81%)
Change %
52 Week Range
107.70
23.00
215.65
23.00
Open108.10
Day's Range97.25 - 118.86
Value Traded (in ₹ Cr.) 7.28

Stock Exchange

Category No. Of Shares Share %
ForeignPromoters 0.00 0.00%
IndianPromoters 1,151,678,783.00 58.32%
Mutual Funds/UTI 94,671,528.00 4.79%
FII 457,735,673.00 23.18%
Employee 0.00 0.00%
Public 141,338,340.00 7.16%
Government 0.00 0.00%
Others 53,049,509.00 2.69%
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Key Statistics

Valuation Measures
Market Cap / Sales Ratio 1.53
Basic EPS (Rs.) 31.63
Cash EPS 31.65
BVPerShare Excl 168.74
Operating Revenue 118.24
PBDITPerShare 114.63
Dividend 9.65
NPPerShare 31.63
Current Ratio 1.17
Quick Ratio 1.17
PriceToBV 1.07
Earnings 0.17
PBDIT Margin 96.95
PBT Margin 37.93
NP Margin 26.74
Return On Assets 2.98
Retention Ratios 77.86
Parameter Mar-17 (₹ Cr.) Yoy%change
Total Income 24,095.35
Total Expenses 15,236.30
EBITDA 22,639.21
PBT 8,859.05
PAT 6,244.11
Net Income 6,245.76
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Parameter Sep-17 (₹ Cr.) 6M % change
Total Income 11,289.87
Total Expenses 807.55
EBITDA 10,479.72
PBT 3,712.29
PAT 2,515.80
Net Income 0.00
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Total Assets
Total Assets
Parameter Mar-17 (₹ Cr.) Yoy%change
Total share capital 1,974.92
Net worth 33,325.59
Investments 2,696.45
Total Liability 209,236.24
Total debt 149,489.33
Net block 181.26
Total Assets 209,236.24
Parameter Sep-17 (₹ Cr.) 6M % change
Total share capital 987.46
Net worth 27,906.20
Investments 877.47
Total Liability 199,379.59
Total debt 137,598.11
Net block 154.50
Total Assets 199,379.59
Company Curr Price Prev. Close Change% W's Low/High

Gujarat State Financial Corporation

1.75 0 0
1.751.75

Housing and Urban Development Corporation Ltd.

57.2 56 2.14
5559.9

IDFC Ltd.

49.6 50 -0.8
49.4552.65

IFCI Ltd.

16.85 17 -0.88
16.718.5

Power Finance Corporation Ltd.

75.5 72.2 4.57
71.7578.15

Tourism Finance Corporation of India Ltd.

151.8 151.65 0.1
151.05155.2
Company Curr Price Prev. Close Change% W's Low/High

Gujarat State Financial Corporation

1.95 1.95 0
1.951.95

Haryana Financial Corporation

24.65 23.5 4.89
24.6524.65

Housing and Urban Development Corporation Ltd.

57.15 56.15 1.78
55.159.95

IDFC Ltd.

49.45 50.1 -1.3
49.552.65

IFCI Ltd.

16.85 17.05 -1.17
16.718.5

Power Finance Corporation Ltd.

75.55 72.1 4.79
71.8578.2

Tourism Finance Corporation of India Ltd.

152.45 151.65 0.53
151157.5
More
Parameter Mar-17(in ₹ Cr.)
Cash from operating activities 6,794.19
Cash from investing activities 138.95
Cash from financing activities -4,173.29
Net change in cash 2,759.85

Stock Held By Mutual Fund Schemes

Corporate Details

About Management

Our Company was incorporated on July 25, 1969 under the Companies Act as a private limited company under the name of 'Rural Electrification Corporation Private Limited' with the main objective of financing rural electrification schemes in the country. The word private was deleted from the name of our Company on June 3, 1970. Our Company became a deemed public limited company w.e.f. July 1, 1975. The RoC on July 18, 2003 issued a fresh certificate of incorporation consequent upon change of name on conversion to a public limited company and our name was changed to our present name, Rural Electrification Corporation Limited. Major events Our Company was declared a Public Financial Institution under section 4A of the Companies Act in 1992. We are also registered with the RBI as a NBFC w.e.f. February 10, 1998. 1969 Incorporation of our Company. 1970 Commenced lending operations to SEBs. 1974 Authorised by the Ministry of Irrigation and Power to finance rural electrification under the 'Minimum Needs Programme 1979 Central Institute of Rural Electrification set up in Hyderabad. 1980 Deputed engineers to Algeria to train the Algeria's National Agency for Distribution of Electricity and Gas on rural electrification. 1988 Launch of Kutir Jyoti and Jal Dhara programmes for rural electrification. 1990 Awarded the Indira Gandhi Memorial Award for Excellence in Public Sector Undertakings for the year 1989-1990. 1992 Declared a Public Financial Institution under section 4A of the Companies Act. 1993 Entered into MOU with the MoP for the first time to achieve certain performance related targets. 1994 Received rating of "excellent" and award by the GoI, for the first time, for fulfilling the targets pursuant to the MOU. 1998 Registered as a NBFC under section 45(IA) of the RBI Act. 1999 Received 'AAA' rating from CRISIL Limited in relation to our long term domestic borrowings. 2000 Declared to be among the top ten Public Sector Enterprises by the GoI. 2001 Capital Gains Tax Benefit under section 54 EC of the IT Act to bonds floated by our Company. Upgradatation from Schedule 'B' to Schedule 'A' Corporation. 2002 Grant of Mini Ratna- I status. 2003 Did not seek assistance from the budget for finances and became a fully self- reliant organisation. 2005 Profit before tax, crossed Rs. 10,000 million. Paid Rs. 2,345 million as dividend to the GoI. Appointed as the nodal agency for RGGVY. 2006 Received rating of "excellent" for the year 2005-06 by the GoI for fulfilling the targets of the MOU. 2007 Received rating of "excellent" for the year 2006-07 by the GoI for fulfilling the targets of the MOU. 2008 -The initial public offer of Rural Electrification Corporation (REC), a state-run power sector lender, got subscribed 4.67 times at 11:00 IST on last day of its issue today, 22 February 2008. The price band for the IPO is Rs 90 to Rs 105. The book building process, which opened on February 19, is scheduled to close on February 22. The issue would constitute about 18.18% of the fully diluted post-issue capital of REC. It is looking to raise about Rs 16.40 billion through sale of 156 million equity shares in a price band of Rs 90-105 in the IPO. 2009 - Rural Electrification Corporation Ltd has appointed the following two firms of Chartered Accountants as the Joint Statutory Auditors of the Company for the Financial Year 2009-10: 1. Bansal & Co., New Delhi 2. K G Somani & Co., New Delhi 2010 - In order to fund a power project in North Chennai, Rural Electrification Corporation Ltd. (REC) has inked a Memorandum of Understanding (MoU) with NTPC Tamil Nadu Energy Company Ltd. (NTECL) 2011 - Rural Electrification Corporation Ltd has declared and approved an Interim Dividend at the rate of Rs.3.50 per share on the face value of fully paid-up equity shares of Rs.10/- each for the financial year 2010-11. - Rs 1300 crore bids invited for laying transmission system in Andhra pradesh 2012 - Rural Electrification Corporation has sought the approval of Reserve Bank of India (RBI) for issuing bonds to raise up to USD 500 million - Rural Electrification Corporation Ltd has appointed Shri Jyoti Shubhra Amitabh as a Company Secretary with effect from September 03, 2012 Shri Jyoti Shubhra Amitabh is holding 121 equity shares in the Company as on September 03, 2012. 2013 -Board recommends Final Dividend of Rs. 1.50/- per share -REC awarded India Pride Award 2013-14 2014 -Board recommends Final Dividend of Rs. 1.75/- per share. -REC awarded Dalal Street - PSU Award 2014 -REC awarded India Today - PSUs Awards 2014 for Best HR Practices -REC Signs MoU with Ministry of Power for the Financial Year 2014-15 2015 -Rural Electrification Corp has has signed two separate agreements with Andhra Pradesh Power Generation Corporation Limited and Transmission Corporation of Andhra Pradesh Limited -Rural Electrification Corporation Ltd - Incorporation of three Project Specific Special Purpose Vehicles (SPVs), as Subsidiary Companies of Rural Electrification Corporation Limited 2016 -Rural Electrification Corporation Ltd has approved the Bonus Equity Shares in the ratio of 1:1 (i.e. One Bonus equity share of Rs. 10/- each for every equity share of Rs. 10/- each) to the existing shareholders of the Company -REC contributes Rs 25 crore towards "Swachh Bharat Kosh" 2017 -REC wins the Dainik Bhaskar India Pride Award 2017. -REC gets nod to incorporate five project specific SPVS as WOS -SAUBHAGYA Launched in Madhya Pradesh -REC honored with two Awards at SCOPE Awards on the 8th Public Sector Day Function. -REC Stall Inaugurated at Intelect 2017 -REC Limited received the first prize for "Brand Building through Inclusive Growth Initiatives" at the Corporate Communication Excellence Awards 2017 organised by the SCOPE.

Registered Office

I B-186, Sector-III, Salt Lake City,

033-23356989,23356994,23356998,      033-23356990,

zmkolkata@recl.nic.in

Registrar Details

Karvy Computershare Private Ltd.