Rec Ltd Inventory: The shares of Maharatna PSU Rec Ltd might enhance additional by 36 p.c. CLSA has expressed such expectation brokerage agency. The CLSA has retained its “Excessive Conviction outperform” ranking for the inventory after the corporate’s January-March 2025 quarter outcomes. Additionally, a goal value of Rs 525 per share has been set. That is 36 p.c larger than the shutdown value of Rs 384.80 on BSE of the inventory on 9 Might. Brokerage mentioned that she is ready for the expansion outlook from the brand new REC administration. REC Restricted’s internet revenue elevated by 5.66 per cent to Rs 4,309.98 crore within the January-March 2025 quarter. A yr in the past, in the identical quarter, the corporate made a internet revenue of Rs 4,079.09 crore. In March 2025, the corporate’s complete revenue elevated to Rs 15,348.37 crore, which was Rs 12,706.66 crore in the identical interval a yr in the past. In your complete monetary yr 2024-25, the web revenue of REC elevated to Rs 15,884.23 crore. The full revenue additionally elevated to Rs 56,434 crore. REC completed FY 2025 with an 11% enhance in Property Below Administration (AUM). Essate high quality stays wholesome information CLSA says REC’s asset high quality has been very wholesome within the final 3 years with none fall. The elevated credit score value in FY 2025 was primarily as a result of Increased Commonplace Asset Provision. The unfold/margin enlargement of REC was additionally wholesome, which was supported by restoration of greater than 100% in KSK Mahanadi. The CLSA mentioned, nonetheless, in view of the challenges of the close to -term, brokerage estimates that the AUM of REC will develop 12% in FY 2026 and 16% in FY 2027. Rec shares at the moment are greater than Rs 1 lakh crore within the REC share 2025. By the tip of March 2025, the federal government had 52.63 p.c stake within the firm. The inventory has come down 24 p.c within the yr 2025 to this point and eight p.c in only one week. All 12 analysts who covers REC LTD have rated “by” on inventory. The corporate’s board has beneficial a dividend of Rs 2.60 for FY 2024-25. Earlier, the corporate has introduced an interim dividend of Rs 15.40 per share in 4 installments for FY 2024-25. Disclaimer: The recommendation or concepts given on Moneycontrol.com have their very own private views of consultants/brokerage corporations. The web site or administration isn’t answerable for this. Moneycontrol advises to customers that at all times search the recommendation of licensed consultants earlier than taking any funding determination.
