Case study

RECLTD

REC Limited

Screens attractive1y model +0.1%

Each stock's 10,000-path forecast, rendered as light.

76Score

REC Limited (RECLTD) Stock Analysis & Case Study

Is RECLTD a good buy? The data-driven verdict.

REC Limited (RECLTD) trades at ₹362,on the numbers it screens attractive, a Downstox Snapshot Score of 76/100.

On the numbers, REC Limited (RECLTD) screens attractive, a Downstox Snapshot Score of 76/100, weighing inexpensive at 6.0× earnings, ROE of 20.1%, a 50% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

RECLTD fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹95,898 Cr
Current price
₹362
P/E ratio
6.0×
P/B ratio
1.13×
Book value
₹321
Dividend yield
5.13%
ROCE
9.7%
ROE
20.1%
Piotroski F-Score
6/8

How RECLTD ranks against the 2,373 companies in our screener

We do not hold a debt-to-equity ratio figure for RECLTD, as of 9 Aug 2026, so it is not ranked here.

Is RECLTD overvalued? RECLTD P/E vs its NBFC

RECLTD's P/E of 6.0× sits below the NBFC peer median of 23.2×, so on earnings it screens cheaper than peers, while its 5.13% dividend yield is above the peer median of 0.97%.

RECLTD P/E
6.0×
Peer median P/E
23.2×
RECLTD div yield
5.13%
Peer median yield
0.97%

RECLTD share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of RECLTD history (15%/yr drift, 33%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
RECLTD 2027₹243₹367₹556+0%
RECLTD 2028₹202₹368₹670+0%
RECLTD 2029₹177₹368₹766+0%
RECLTD 2030₹158₹368₹857+0%
RECLTD 2031₹144₹369₹942+1%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability RECLTD goes up, or doubles?

50%
Higher in 1 year
Modelled chance the price is above today in 12 months
50%
Higher in 5 years
Modelled chance the price is above today in 5 years
18%
Doubles in 5 years
Modelled chance of reaching ₹734 within 5 years

The bull case for RECLTD

  • RECLTD's P/E of 6.0x is lower than 93% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Low price-to-book of 1.13×, the market is paying little over the company's net assets.
  • RECLTD's return on equity of 20.1% ranks in the 84th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • RECLTD's dividend yield of 5.0% ranks in the top 2% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹766.

The bear case & risks

  • No model or past record guarantees future returns, treat this as one input, not a decision.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹177.

RECLTD volatility & expected range, how bumpy is the ride?

Over the last 9.8 years RECLTD compounded at 15%/year with annualized volatility of 33%. That volatility implies a 1-year 80% range of ₹243-₹556, the honest backbone behind any single price target.

RECLTD price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 9.8 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
0.1%
80% range₹243-₹556
P(price ↑)50%
P(price 2×)2%
3-Year Forecast
2029
₹0
Median (P50)
0.3%
80% range₹177-₹766
P(price ↑)50%
P(price 2×)11%
5-Year Forecast
2031
₹0
Median (P50)
0.5%
80% range₹144-₹942
P(price ↑)50%
P(price 2×)18%

RECLTD price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
RECLTD simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds RECLTD hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the RECLTD price target & forecast page.

RECLTD Piotroski F-Score: 6/8, how financially strong is it?

6/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. RECLTD scores 6/8, mixed financial health.

RECLTD MTF margin & leverage across 11 brokers

Margin Trading Facility lets you buy RECLTD with part of the capital. Lower margin % = higher leverage. Rates compared across 11 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox26.82%3.7×
Zerodha25.80%3.9×
Groww25.90%3.9×
DhanCHEAPEST23.30%4.3×
Kotak Neo25.00%4.0×
Paytm Money23.55%4.2×
Pocketful30.68%3.3×
Fyers31.25%3.2×
Anand Rathi30.30%3.3×
Bajaj Broking27.00%3.7×
Share India30.41%3.3×

Compare every broker on the RECLTD MTF page.

RECLTD vs peers,NBFC comparison

StockP/EDiv yieldMarket cap
RECLTD (this stock)6.0×5.13%₹95,898 Cr
BAJFINANCE32.8×0.50%₹6.71L Cr
BAJAJFINSV31.3×0.07%₹3.22L Cr
IRFC16.1×2.37%₹1.16L Cr
PFC5.3×4.42%₹1.39L Cr
SHRIRAMFIN23.2×0.97%₹2.62L Cr
CHOLAFIN27.7×0.11%₹1.59L Cr

Fundamentals from Screener.in, as of 9 Aug 2026

About REC Limited: sector, index & market-cap context

REC Limited (RECLTD) is a mid-cap NSE-listed company in the NBFC sector, and a constituent of the Nifty 500 index, with a market capitalisation of ₹95,898 Cr. See more stocks on our screener.

How the RECLTD Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of REC Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

RECLTD analysis, FAQs

Is REC Limited (RECLTD) a good buy?

On the numbers, REC Limited (RECLTD) screens attractive, a Downstox Snapshot Score of 76/100, weighing inexpensive at 6.0× earnings, ROE of 20.1%, a 50% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is RECLTD overvalued or undervalued?

RECLTD trades at 6.0× earnings versus a peer median of 23.2×, so it screens cheaper than its NBFC peers.

What is the RECLTD share price target for 2031?

RECLTD's probability-weighted 2031 median target is ₹369, with an 80% range of ₹144-₹942 (10,000-path Monte-Carlo).

What is the probability RECLTD doubles in 5 years?

The modelled probability of RECLTD reaching ₹734 (2×) within 5 years is 18%.

What is the bull case for RECLTD?

RECLTD's P/E of 6.0x is lower than 93% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. Low price-to-book of 1.13×, the market is paying little over the company's net assets. RECLTD's return on equity of 20.1% ranks in the 84th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

What are the risks in RECLTD?

No model or past record guarantees future returns, treat this as one input, not a decision.

More on RECLTD