REC Limited (RECLTD) — Net Asset Quality Index
REC Limited (RECLTD) has a Net Asset Quality Index of 13.3% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of Rs6.40 Trillion minus total liabilities of Rs5.55 Trillion yields net assets of Rs850.54 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check RECLTD cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
REC Limited Net Asset Quality Index Over Time (2005–2026)
This chart shows how REC Limited's Net Asset Quality Index has evolved across 22 annual periods from 2005 to 2026. As of March 2026, the index stands at 13.3%, representing net assets of Rs850.54 Billion against total assets of Rs6.40 Trillion INR. See RECLTD working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for REC Limited (2005–2026)
The table below presents the year-by-year Net Asset Quality Index for REC Limited from 2005 to 2026, covering 22 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see REC Limited (RECLTD) total market value.
| Year | Quality Index | Net Assets (INR) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 13.3% | Rs850.54 Billion | Rs6.40 Trillion | Rs5.55 Trillion | ▲ +0.5 pp |
| 2025 | 12.8% | Rs783.76 Billion | Rs6.15 Trillion | Rs5.36 Trillion | ▲ +0.1 pp |
| 2024 | 12.7% | Rs693.50 Billion | Rs5.48 Trillion | Rs4.79 Trillion | ▲ +0.2 pp |
| 2023 | 12.5% | Rs581.21 Billion | Rs4.66 Trillion | Rs4.07 Trillion | ▼ 0.0 pp |
| 2022 | 12.5% | Rs513.14 Billion | Rs4.11 Trillion | Rs3.60 Trillion | ▲ +1.6 pp |
| 2021 | 10.9% | Rs437.64 Billion | Rs4.01 Trillion | Rs3.57 Trillion | ▲ +0.7 pp |
| 2020 | 10.2% | Rs353.96 Billion | Rs3.47 Trillion | Rs3.12 Trillion | ▼ -1.4 pp |
| 2019 | 11.6% | Rs345.46 Billion | Rs2.98 Trillion | Rs2.64 Trillion | ▼ -2.9 pp |
| 2018 | 14.4% | Rs358.72 Billion | Rs2.49 Trillion | Rs2.13 Trillion | ▼ -1.6 pp |
| 2017 | 16.0% | Rs336.71 Billion | Rs2.10 Trillion | Rs1.77 Trillion | ▲ +2.1 pp |
| 2016 | 14.0% | Rs288.93 Billion | Rs2.07 Trillion | Rs1.78 Trillion | ▲ +0.3 pp |
| 2015 | 13.7% | Rs250.73 Billion | Rs1.83 Trillion | Rs1.58 Trillion | ▲ +0.1 pp |
| 2014 | 13.6% | Rs208.03 Billion | Rs1.53 Trillion | Rs1.32 Trillion | ▲ +0.2 pp |
| 2013 | 13.4% | Rs175.30 Billion | Rs1.31 Trillion | Rs1.13 Trillion | ▼ -0.2 pp |
| 2012 | 13.6% | Rs148.06 Billion | Rs1.09 Trillion | Rs940.05 Billion | ▼ -1.2 pp |
| 2011 | 14.8% | Rs128.27 Billion | Rs865.48 Billion | Rs737.20 Billion | ▼ -1.1 pp |
| 2010 | 16.0% | Rs111.04 Billion | Rs695.83 Billion | Rs584.79 Billion | ▲ +4.9 pp |
| 2009 | 11.1% | Rs61.93 Billion | Rs559.62 Billion | Rs497.68 Billion | ▼ -1.4 pp |
| 2008 | 12.5% | Rs53.69 Billion | Rs429.17 Billion | Rs375.48 Billion | ▲ +1.7 pp |
| 2007 | 10.8% | Rs38.88 Billion | Rs360.79 Billion | Rs321.90 Billion | ▼ -0.3 pp |
| 2006 | 11.1% | Rs32.95 Billion | Rs297.17 Billion | Rs264.22 Billion | ▼ -4.2 pp |
| 2005 | 15.3% | Rs37.79 Billion | Rs247.07 Billion | Rs209.28 Billion | — |