REC Total Dividend at ₹18.55 Per Share; Stock in Focus After Record Profit of ₹16,282 Cr

New Delhi, April 28, 2026: REC Limited, a Maharatna PSU, declared its Q4 and full year FY26 results. The company reported its highest ever annual profit and a total dividend of ₹18.55 per share for FY26. The stock is now in focus.

1. Highest Ever Annual Profit

• Full Year Standalone Net Profit: ₹16,282 crore (highest ever, up 3.6%)

• Q4 Net Profit: ₹3,362 crore

• Full Year EPS: ₹61.71 per share

2. Total Dividend at ₹18.55 Per Share

• Final Dividend Recommended: ₹1.55 per share

• Interim Dividend (4 tranches): ₹17 per share

• Total Dividend for FY26: ₹18.55 per share

• Record Date: To be intimated

• Payment Mode: Electronic only (no cheques/warrants)

3. Stock in Focus – Key Triggers

• Total Dividend of ₹18.55 per share

• Net NPA at 0.12% (near zero)

• Loan Book at ₹5.84 lakh crore

• CRAR at 23.11% (ample headroom for growth)

• Renewable Loan Book at ₹75,347 crore (up 30%)

4. Asset Quality Near Zero

• Gross NPA: 0.24% (down from 1.35% last year)

• Net NPA: 0.12% (down from 0.38% last year)

• Stage-2 loans reduced by 75% year-on-year

5. Strong Operational Growth

• Sanctions: ₹4,09,097 crore (up 21%)

• Disbursements: ₹2,11,189 crore (up 10%)

• Net Worth: ₹84,290 crore (up 9%)

• Interest Spread: 2.62%

• Net Interest Margin (NIM): 3.43%

6. Key Recognitions

• Maharatna status reaffirmed by DPE in January 2026

• 'Excellent' MoU rating for 3 consecutive years

• Moved from 9th to 5th in net profit among CPSEs

• Highest ESG rating in India by NSE

One Thing to Note

The Audit Committee and Board were constituted without independent directors as required under the Companies Act and SEBI Listing Regulations. Appointment of Independent Directors is done by the Government of India.