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. See RECLTD defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
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. Explore RECLTD cash generation efficiency to assess how effectively this company generates cash.
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 market capitalisation.
| 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 | — |