REC (RECLTD) Q4 25/26 earnings summary

Executive summary

• Achieved record annual net profit of ₹16,282 crore for FY26, up from ₹15,713 crore in FY25, reflecting strong operational and financial performance.

• Loan book reached an all-time high of ₹5.84 lakh crore, with net worth increasing to ₹84,290 crore.

• Renewable energy loan assets grew 30% year-over-year to ₹75,347 crore.

• Maintained highest domestic credit rating (AAA), strong international ratings, and top ESG recognition.

• Recognized with multiple awards for financial services, green financing, and ESG leadership.

Financial highlights

• Total income rose to ₹59,187 crore from ₹55,980 crore year-over-year.

• Net interest income increased to ₹20,750 crore from ₹20,172 crore year-over-year.

• Net credit impaired assets reduced to 0.12% from 0.38% year-over-year.

• Capital adequacy ratio at 23.11% as of March 31, 2026.

• EPS for FY26 at 61.71; book value per share at 320.11.

Outlook and guidance

• Continued focus on renewable energy and infrastructure financing, with commitment to net zero in Scope 1 & 2 emissions by 2035.

• Ongoing expansion in green energy and logistics sectors.

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