REC (RECLTD) investor relations material

Executive summary

• Achieved standalone net profit of ₹4,149 crore and consolidated net profit of ₹4,192.76 crore in Q1 FY27, with a loan book of ₹5.90 lakh crore and net worth of ₹91,836 crore.

• Unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, were reviewed and approved by the Board and Audit Committee, with no material misstatements identified by auditors.

• Maintained robust asset quality with net credit impaired assets at 0.11% and provision coverage ratio around 51%.

• Recognized for excellence in risk management, treasury, ESG, and NBFC operations with multiple awards in FY26.

• 1st interim dividend of ₹4.25 per share declared for FY 2026-27, with record date set as July 31, 2026, and payment by August 23, 2026.

Financial highlights

• Net interest income rose to ₹5,212 crore from ₹4,961 crore sequentially; total income at ₹14,331 crore (standalone), ₹14,469.49 crore (consolidated).

• Basic and diluted EPS (standalone): ₹15.76; (consolidated): ₹15.92 for the quarter.

• Debt-equity ratio: 5.52 (standalone), 5.47 (consolidated), improved from previous year.

• Capital adequacy ratio at 23.06% (Tier-I: 21.32%, Tier-II: 1.74%).

• Dividend payout remains high, with interim dividend of ₹4.25 per share for Q1 FY27.

Outlook and guidance

• The merger with PFC is expected to enhance scale and synergies, pending regulatory and shareholder approvals.

• Continued focus on clean energy, infrastructure, and logistics sectors.

• Committed to ESG leadership, aiming for net zero Scope 1 & 2 emissions by 2035.

• No material deviations in the utilization of funds raised; all proceeds fully utilized as per stated objectives.