REC (RECLTD) Q4 25/26 earnings summary

Executive summary

• Achieved highest ever annual net profit of ₹16,282 crore for FY 2025-26, with a record total dividend of ₹18.55 per share, reflecting strong operational and financial performance.

• Loan book reached an all-time high of ₹5.84 lakh crore, with renewable loan book growing 30% year-over-year to ₹75,347 crore.

• Asset quality improved significantly, with Net Stage-3 loans (NPA) at 0.12% and Stage-2 loans reduced by 75% year-over-year.

Financial highlights

• Standalone net profit for FY 2025-26 was ₹16,282.26 crore, up from ₹15,713.21 crore in FY 2024-25.

• Total income for the year stood at ₹59,187.22 crore, compared to ₹55,979.62 crore last year.

• Earnings per share (EPS) increased to ₹61.71 for FY 2025-26 from ₹59.55 in the previous year.

• Net worth rose to ₹84,290.41 crore as of March 31, 2026, up 9% year-over-year.

• Capital Adequacy Ratio (CRAR) at 23.11% as of March 31, 2026.

Outlook and guidance

• Strong capital adequacy and asset quality position the company for future growth.

• Continued focus on sustainable growth and expansion of the renewable loan portfolio.