Reliance Industries Ltd
Reliance was founded by Dhirubhai Ambani and is now promoted and managed by his elder son, Mukesh Dhirubhai Ambani. Ambani's family has about 50% shareholding in the conglomerate.
- Market Cap ₹ 15,69,774 Cr.
- Current Price ₹ 1,160
- High / Low ₹ 1,612 / 1,152
- Stock P/E 21.0
- Book Value ₹ 668
- Dividend Yield 0.50 %
- ROCE 10.3 %
- ROE 8.91 %
- Face Value ₹ 10.0
Pros
Cons
- Company has a low return on equity of 8.77% over last 3 years.
- Dividend payout has been low at 10.2% of profits over last 3 years
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Energy Oil, Gas & Consumable Fuels Petroleum Products Refineries & Marketing
Part of BSE Sensex Nifty 50 BSE 500 BSE 100 BSE 200
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 374,372 | 272,583 | 303,954 | 390,823 | 568,337 | 596,679 | 466,307 | 694,673 | 876,396 | 899,041 | 962,820 | 1,055,780 | 1,123,055 | |
| 336,923 | 230,802 | 257,647 | 326,508 | 484,087 | 507,413 | 385,517 | 586,092 | 734,078 | 736,543 | 797,222 | 876,715 | 939,494 | |
| Operating Profit | 37,449 | 41,781 | 46,307 | 64,315 | 84,250 | 89,266 | 80,790 | 108,581 | 142,318 | 162,498 | 165,598 | 179,065 | 183,561 |
| OPM % | 10% | 15% | 15% | 16% | 15% | 15% | 17% | 16% | 16% | 18% | 17% | 17% | 16% |
| 8,528 | 12,212 | 9,222 | 9,869 | 8,406 | 8,570 | 22,432 | 19,600 | 12,020 | 15,792 | 17,824 | 28,846 | 20,393 | |
| Interest | 3,316 | 3,691 | 3,849 | 8,052 | 16,495 | 22,027 | 21,189 | 14,584 | 19,571 | 23,118 | 24,269 | 27,061 | 28,362 |
| Depreciation | 11,547 | 11,565 | 11,646 | 16,706 | 20,934 | 22,203 | 26,572 | 29,782 | 40,303 | 50,832 | 53,136 | 57,688 | 58,946 |
| Profit before tax | 31,114 | 38,737 | 40,034 | 49,426 | 55,227 | 53,606 | 55,461 | 83,815 | 94,464 | 104,340 | 106,017 | 123,162 | 116,646 |
| Tax % | 24% | 23% | 25% | 27% | 28% | 26% | 3% | 19% | 22% | 25% | 24% | 22% | |
| 23,640 | 29,861 | 29,833 | 36,080 | 39,837 | 39,880 | 53,739 | 67,845 | 74,088 | 79,020 | 81,309 | 95,754 | 88,167 | |
| EPS in Rs | 17.07 | 21.51 | 21.55 | 26.69 | 29.28 | 29.10 | 38.75 | 44.87 | 49.29 | 51.45 | 51.47 | 59.69 | 55.22 |
| Dividend Payout % | 12% | 10% | 11% | 10% | 10% | 10% | 9% | 9% | 9% | 10% | 11% | 10% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 18% |
| 3 Years: | 6% |
| TTM: | 15% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 12% |
| 3 Years: | 5% |
| TTM: | 0% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 17% |
| 5 Years: | 1% |
| 3 Years: | 2% |
| 1 Year: | -20% |
| Return on Equity | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 9% |
| 3 Years: | 9% |
| Last Year: | 9% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2,943 | 2,948 | 2,959 | 5,922 | 5,926 | 6,339 | 6,445 | 6,765 | 6,766 | 6,766 | 13,532 | 13,532 |
| Reserves | 215,556 | 228,608 | 260,750 | 287,584 | 381,186 | 442,827 | 693,727 | 772,720 | 709,106 | 786,715 | 829,668 | 890,498 |
| 168,251 | 194,714 | 217,475 | 239,843 | 307,714 | 355,133 | 278,962 | 319,158 | 451,664 | 350,719 | 374,313 | 402,962 | |
| 117,736 | 172,727 | 225,618 | 277,924 | 302,804 | 358,716 | 340,931 | 399,979 | 438,346 | 610,848 | 732,200 | 870,554 | |
| Total Liabilities | 504,486 | 598,997 | 706,802 | 811,273 | 997,630 | 1,163,015 | 1,320,065 | 1,498,622 | 1,605,882 | 1,755,048 | 1,949,713 | 2,177,546 |
| 156,458 | 184,910 | 198,526 | 403,885 | 398,374 | 532,658 | 541,258 | 627,798 | 724,805 | 779,985 | 999,393 | 1,124,795 | |
| CWIP | 166,462 | 228,697 | 324,837 | 187,022 | 179,463 | 109,106 | 125,953 | 172,506 | 293,752 | 338,855 | 262,358 | 237,686 |
| Investments | 76,451 | 84,015 | 82,899 | 82,862 | 235,635 | 276,767 | 364,828 | 394,264 | 235,560 | 225,672 | 242,381 | 248,332 |
| 105,115 | 101,375 | 100,540 | 137,504 | 184,158 | 244,484 | 288,026 | 304,054 | 351,765 | 410,536 | 445,581 | 566,733 | |
| Total Assets | 504,486 | 598,997 | 706,802 | 811,273 | 997,630 | 1,163,015 | 1,320,065 | 1,498,622 | 1,605,882 | 1,755,048 | 1,949,713 | 2,177,546 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 34,374 | 38,134 | 49,550 | 71,459 | 42,346 | 94,877 | 26,958 | 110,654 | 115,032 | 158,788 | 178,703 | 192,113 | |
| -64,706 | -36,186 | -66,201 | -68,192 | -94,507 | -72,497 | -142,385 | -109,162 | -93,001 | -113,581 | -137,535 | -101,089 | |
| 8,444 | -3,210 | 8,617 | -2,001 | 55,906 | -2,541 | 101,904 | 17,289 | 10,455 | -16,646 | -31,891 | -51,549 | |
| Net Cash Flow | -21,888 | -1,262 | -8,034 | 1,266 | 3,745 | 19,839 | -13,523 | 18,781 | 32,486 | 28,561 | 9,277 | 39,475 |
| Free Cash Flow | -28,588 | -8,420 | -27,077 | -1,495 | -50,431 | 19,324 | -76,560 | 13,646 | -16,770 | 21,212 | 41,079 | 70,023 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 109% | 112% | 129% | 126% | 65% | 116% | 37% | 105% | 85% | 105% | 115% | 113% |
Ratios
Consolidated / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 5 | 6 | 10 | 16 | 19 | 12 | 15 | 12 | 12 | 13 | 16 | 20 |
| Inventory Days | 66 | 90 | 84 | 83 | 63 | 67 | 102 | 83 | 87 | 95 | 85 | 88 |
| Days Payable | 74 | 117 | 132 | 146 | 100 | 87 | 136 | 123 | 91 | 111 | 108 | 84 |
| Cash Conversion Cycle | -2 | -21 | -38 | -46 | -18 | -9 | -19 | -27 | 7 | -3 | -8 | 25 |
| Working Capital Days | -64 | -148 | -179 | -179 | -108 | -158 | -58 | -56 | -66 | -53 | -68 | -66 |
| ROCE % | 9% | 10% | 10% | 11% | 12% | 11% | 8% | 8% | 9% | 10% | 10% | 10% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Reliance Retail Store Count Number |
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| Jio Total Customer Base (Subscribers) Million |
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| KG D6 Gas Production (RIL Share) BCFe |
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| O2C Refinery Throughput MMT |
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| Jio Per Capita Data Consumption GB/month |
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| Jio ARPU (Average Revenue Per User) ₹/month |
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| Jio-bp Retail Fuel Outlets Number |
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| Reliance Retail Registered Customer Base Million |
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Extracted by Screener AI
Documents
Announcements
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Listing Of Equity Shares Of Jio Platforms Limited
- Jio Platforms shares get listing approval; trading starts Oct 28, 2026, with results board meeting Oct 30.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
- Board meets October 30, 2026 to approve Q2 results and consider debenture fundraising.
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Board Meeting Intimation for Considering And Approving The Standalone And Consolidated Unaudited Financial Results For The Quarter And Half Year Ended September 30, 2026 And Raising Of Funds By Way Of Issuance Of Debentures
- Board meeting on Oct 30, 2026 to approve Q2 results and consider NCD fund raising.
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Initial Public Offer Of Jio Platforms Limited - Update
- Jio Platforms IPO closed; issue price fixed at ₹1,119 and prospectus filed October 24, 2026.
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Media Statement
- Mukesh Ambani hosted US Secretary of State Marco Rubio at Jamnagar on October 21, 2026.
Annual reports
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Annual Report 2026
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Annual Report 2025
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Annual Report 2024
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Annual Report 2023
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Annual Report 2022
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
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Annual Report 2016
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Annual Report 2015
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Annual Report 2014
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Annual Report 2013
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Annual Report 2013
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Concalls
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Jul 2026Transcript PPT
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Architecture
Reliance Industries Limited holds key business stakes, including 66.43% in Jio Platforms (RJIL). Additionally, it maintains an 83.56% ownership each in Reliance Retail Ventures and Reliance Consumer Products, alongside a 59.59% holding in JioStar.[1]