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REC (BOM:532955) Revenue : ₹172,407 Mil (TTM As of Mar. 2024)


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What is REC Revenue?

REC's revenue for the three months ended in Mar. 2024 was ₹47,242 Mil. Its revenue for the trailing twelve months (TTM) ended in Mar. 2024 was ₹172,407 Mil. REC's Revenue per Share for the three months ended in Mar. 2024 was ₹17.94. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ₹65.46.

Good Sign:

REC Ltd has shown predictable revenue and earnings growth.

During the past 12 months, the average Revenue per Share Growth Rate of REC was 18.10% per year. During the past 3 years, the average Revenue per Share Growth Rate was 8.10% per year. During the past 5 years, the average Revenue per Share Growth Rate was 15.90% per year. During the past 10 years, the average Revenue per Share Growth Rate was 7.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, REC's highest 3-Year average Revenue per Share Growth Rate was 30.50% per year. The lowest was -8.60% per year. And the median was 15.45% per year.


REC Revenue Historical Data

The historical data trend for REC's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

REC Revenue Chart

REC Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 85,317.90 136,576.30 164,073.50 146,008.70 172,407.00

REC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37,611.80 38,836.90 42,006.70 44,321.50 47,241.90

Competitive Comparison of REC's Revenue

For the Credit Services subindustry, REC's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


REC's Revenue Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, REC's Revenue distribution charts can be found below:

* The bar in red indicates where REC's Revenue falls into.



REC Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹172,407 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


REC  (BOM:532955) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


REC Revenue Related Terms

Thank you for viewing the detailed overview of REC's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


REC (BOM:532955) Business Description

Traded in Other Exchanges
Address
Plot No. I-4, Sector 29, Gurugram, HR, IND, 122001
REC Ltd is a nonbanking financial company operating in India. The company's main objective is to finance and promote power sector projects on the subcontinent. REC provides loan assistance to numerous state power utilities, private sector project developers, central power sector utilities, and state governments. REC investments include power generation, power transmission, power distribution, and other system improvement initiatives. REC is also instrumental in implementing several initiatives spearheaded on behalf of the government of India, including rural electrification. The majority of its revenue derives from long-term financing.

REC (BOM:532955) Headlines

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