REC (BOM:532955) 3-Year Revenue Growth Rate : 8.10% (As of Mar. 2024)

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What is REC 3-Year Revenue Growth Rate?

REC's Revenue per Share for the three months ended in Mar. 2024 was ₹17.94.

During the past 12 months, REC's average Revenue per Share Growth Rate 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 the average Revenue per Share growth rate.

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

Competitive Comparison of REC's 3-Year Revenue Growth Rate

For the Credit Services subindustry, REC's 3-Year Revenue Growth Rate, along with its competitors' market caps and 3-Year Revenue Growth Rate 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 3-Year Revenue Growth Rate Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, REC's 3-Year Revenue Growth Rate distribution charts can be found below:

* The bar in red indicates where REC's 3-Year Revenue Growth Rate falls into.

REC 3-Year Revenue Growth Rate Calculation

This is the 3-year average growth rate of Revenue per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

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 the average Revenue per Share growth rate.

REC (BOM:532955) 3-Year Revenue Growth Rate Explanation

Revenue per Share is the amount of Revenue per outstanding share of the company's stock.

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 per share growth rate is used in calculating Predictability Rank, companies with more consistent revenue and earnings growth are ranked high with predictability.

REC 3-Year Revenue Growth Rate Related Terms

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REC (BOM:532955) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » REC Ltd (BOM:532955) » Definitions » 3-Year Revenue Growth Rate

Comparable Companies

Traded in Other Exchanges

RECLTD:India

Address

Plot No. I-4, Sector 29, Gurugram, HR, IND, 122001

Website

https://www.recindia.nic.in

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.

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