REC Ltd

Q1 FY27Finance

REC Q1 FY27: Revenue ₹14,331 Cr, PAT ₹4,149 Cr

Q1 FY27 investor presentation: what the company reported on revenue, margins and projects.

Price₹308

Market cap₹82.2K Cr

P/E5.1

Updated24 Sept 2026

Read4 min read

Based on REC Ltd's Q1 FY27 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the presentation reports, not management guidance.

The short version

Revenue: Total Income for Q1 FY27 is ₹14,331 crore versus ₹14,406 crore in Q4 FY26, showing a slight decrease. - Net Interest Income: ₹5,212 crore in Q1 FY27 vs. The presentation does not explicitly report EBITDA or operating margin figures for Q1 FY27.

From REC Ltd's Q1 FY27 earnings-call transcript · updated 24 Sept 2026.

Revenue & Sales Performance

Revenue: Total Income for Q1 FY27 is ₹14,331 crore versus ₹14,406 crore in Q4 FY26, showing a slight decrease.
Net Interest Income: ₹5,212 crore in Q1 FY27 vs. ₹4,961 crore in Q4 FY26, indicating growth quarter-on-quarter.
Interest Income on Loan Assets (including DIPI): ₹13,967 crore in Q1 FY27 vs. ₹13,895 crore in Q4 FY26, marginal increase.
Profit After Tax: ₹4,149 crore in Q1 FY27 vs. ₹3,362 crore in Q4 FY26, indicating strong profit growth.
Loan Book: ₹5.90 lakh crore in Q1 FY27 vs. ₹5.84 lakh crore in Q4 FY26, minor growth.

2 more points management made on revenue & sales performance

Profitability & Margins

The presentation does not explicitly report EBITDA or operating margin figures for Q1 FY27.
Profit After Tax (PAT) for Q1 FY27 is ₹4,149 crore, up from ₹3,362 crore in Q4 FY26 (no explicit YoY figure provided).
Net Interest Income (NII) increased to ₹5,212 crore in Q1 FY27 from ₹4,961 crore in Q4 FY26 indicating profitability growth.
Total Income was ₹14,331 crore in Q1 FY27 vs ₹14,406 crore in Q4 FY26 (a slight decrease).

2 more points management made on profitability & margins

See what REC Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

The presentation does not specifically describe any detailed capex, capacity expansion, or new plant/project with explicit amounts, status, or timelines. It focuses primarily on REC's loan book, financials, asset quality, shareholder outlook, ESG initiatives, and awards. However, the following relevant points are noted: - Renewable loan book stood at ₹78,596 crore as on 30.06.26, showing >2x growth in 5 years. - Renewable energy sector constitutes 13% of the total loan book.

2 more points management made on capital expenditure plans

Top-ranked in Finance

Ranked on what management guided this quarter

5x potential

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5₹1.5L Cr

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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

Page 16 details the borrowing profile as of June 30, 2026:
Domestic borrowings increased from ₹359,388 crore (Mar 31, 2026) to ₹365,434 crore (Jun 30, 2026).
Foreign currency borrowings decreased from ₹146,389 crore to ₹142,121 crore in the same period.
Total borrowings slightly increased from ₹505,777 crore to ₹507,555 crore.
Nearly 99% of foreign currency borrowings are hedged.
Page 10 highlights key financial changes Q1 FY27 vs Q4 FY26:
Loan Book grew from ₹5.84 lakh crore to ₹5.90 lakh crore.
Net interest income increased from ₹4,961 crore to ₹5,212 crore.
Net worth increased from ₹84,290 crore to ₹91,836 crore.

2 more points management made on fundraising & capital structure

See what REC Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The investor presentation does not explicitly report details on the order book, order inflow, or pending orders. It primarily focuses on: - Loan book figures across different sectors (e.g., Renewable Loan Book ₹78,596 Crore as on 30.06.26). - Disbursement compositions for various sectors (e.g., Conventional Generation, Renewable Energy, Distribution).

2 more points management made on order book & pipeline

What REC Ltd's management said in earlier quarters

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Frequently Asked Questions

What were REC Ltd Q1 FY27 results?

What is REC Ltd share price analysis?

REC Ltd currently shows a neutral. The stock trades at a P/E of 5.1 with a market cap of ₹82,157 Cr. Investors should review the full earnings analysis for detailed insights.

Is REC Ltd planning capital expenditure?

The presentation does not specifically describe any detailed capex, capacity expansion, or new plant/project with explicit amounts, status, or timelines.

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This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.