Reliance Industrial Infrastructure Ltd

Reliance Industrial Infrastructure Ltd

₹ 895 -1.23%
31 Oct - close price
About

Reliance Industrial Infrastructure Limited is mainly engaged in the business of setting up/operating industrial infrastructure. It is a Reliance Group Company (RIL holdings 45.43%). The Company has its operations mainly in the Mumbai and the Rasayani regions of Maharashtra, Surat, and Jamnagar belts of Gujarat.[1][2]

Key Points

History
The Company was incorporated in September 1988 as a Public Limited Company under the name of "Chembur Patalganga Pipelines Limited". The name of the Company was subsequently changed to "CPPL Limited" in September 1992 and thereafter to its present name viz., "Reliance Industrial Infrastructure Limited" in March 1994. The Company commenced its commercial operation in March 1992. [1]

  • Market Cap 1,352 Cr.
  • Current Price 895
  • High / Low 1,260 / 726
  • Stock P/E 134
  • Book Value 282
  • Dividend Yield 0.39 %
  • ROCE 2.71 %
  • ROE 2.32 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 46.5%

Cons

  • Stock is trading at 3.17 times its book value
  • The company has delivered a poor sales growth of -9.11% over past five years.
  • Company has a low return on equity of 2.38% over last 3 years.
  • Earnings include an other income of Rs.24.5 Cr.
  • Debtor days have increased from 27.6 to 42.7 days.

* 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
16.62 17.28 17.63 14.27 14.36 14.94 14.51 12.41 12.24 12.36 12.49 12.46 12.17
16.92 16.47 16.86 16.56 15.68 15.79 16.22 15.02 15.08 15.27 16.03 14.45 14.27
Operating Profit -0.30 0.81 0.77 -2.29 -1.32 -0.85 -1.71 -2.61 -2.84 -2.91 -3.54 -1.99 -2.10
OPM % -1.81% 4.69% 4.37% -16.05% -9.19% -5.69% -11.78% -21.03% -23.20% -23.54% -28.34% -15.97% -17.26%
4.58 3.33 11.10 6.36 6.49 5.58 6.19 6.02 6.13 6.24 6.45 5.82 5.96
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 1.49 1.55 1.06 0.83 0.64 0.58 0.56 0.36 0.37 0.37 0.36 0.36 0.35
Profit before tax 2.79 2.59 10.81 3.24 4.53 4.15 3.92 3.05 2.92 2.96 2.55 3.47 3.51
Tax % 32.97% 26.64% 1.11% 33.64% 45.47% 34.94% 26.79% 20.98% 16.78% 16.22% 1.96% 26.22% 26.50%
1.87 1.90 10.68 2.15 2.48 2.70 2.87 2.41 2.43 2.48 2.50 2.56 2.58
EPS in Rs 1.24 1.26 7.07 1.42 1.64 1.79 1.90 1.60 1.61 1.64 1.66 1.70 1.71
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
96 90 90 93 89 85 80 54 65 68 58 49 49
59 64 68 74 72 74 72 49 61 65 64 61 60
Operating Profit 37 26 22 19 16 11 7 5 4 3 -6 -12 -11
OPM % 38% 29% 25% 20% 18% 13% 9% 10% 7% 4% -11% -24% -21%
7 10 11 16 13 15 16 16 16 21 25 25 24
Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 10 11 12 14 14 14 14 13 10 6 3 1 1
Profit before tax 34 25 21 20 15 12 9 8 10 18 16 11 12
Tax % 28% 11% 25% 19% 36% 35% 14% 5% 24% 12% 36% 14%
24 22 16 16 10 8 8 8 8 16 10 10 10
EPS in Rs 15.99 14.62 10.34 10.87 6.45 5.16 5.25 5.10 5.01 10.32 6.76 6.51 6.71
Dividend Payout % 22% 24% 34% 32% 54% 58% 57% 59% 60% 34% 52% 54%
Compounded Sales Growth
10 Years: -6%
5 Years: -9%
3 Years: -9%
TTM: -9%
Compounded Profit Growth
10 Years: -6%
5 Years: 4%
3 Years: 9%
TTM: -3%
Stock Price CAGR
10 Years: 10%
5 Years: 20%
3 Years: -7%
1 Year: -20%
Return on Equity
10 Years: 3%
5 Years: 2%
3 Years: 2%
Last Year: 2%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Sep 2025
Equity Capital 15 15 15 15 15 15 15 15 15 15 15 15 15
Reserves 235 249 285 298 308 323 321 361 383 377 415 403 411
0 0 0 0 0 0 0 0 0 0 0 0 0
63 57 54 42 44 39 44 37 35 45 62 75 66
Total Liabilities 313 321 354 355 367 378 380 413 434 438 492 493 492
122 111 114 102 89 78 64 53 43 37 29 27 27
CWIP 3 3 4 5 6 4 3 2 2 0 0 0 0
Investments 120 160 192 214 231 260 266 315 355 229 279 264 261
67 47 44 34 41 36 47 43 34 172 184 202 205
Total Assets 313 321 354 355 367 378 380 413 434 438 492 493 492

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
32 41 16 26 12 13 1 -4 6 23 2 -3
-27 -33 -10 -19 -7 -7 5 7 -1 -19 3 9
-7 -6 -6 -6 -6 -6 -6 -5 -5 -5 -5 -5
Net Cash Flow -2 1 0 1 -1 -0 1 -2 0 -0 -0 0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 69 65 88 75 76 62 112 132 91 20 21 43
Inventory Days
Days Payable
Cash Conversion Cycle 69 65 88 75 76 62 112 132 91 20 21 43
Working Capital Days 25 12 39 31 49 44 55 115 62 714 836 985
ROCE % 13% 8% 5% 7% 5% 4% 3% 2% 3% 2% 4% 3%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
45.43% 45.43% 45.43% 45.43% 45.43% 45.43% 45.43% 45.43% 45.43% 45.43% 45.43% 45.43%
0.78% 0.80% 1.17% 1.12% 0.98% 1.56% 1.11% 1.03% 0.88% 1.24% 1.05% 0.79%
0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.01% 0.00% 0.01% 0.00%
53.76% 53.73% 53.38% 53.41% 53.56% 52.96% 53.42% 53.51% 53.68% 53.32% 53.50% 53.78%
No. of Shareholders 87,46688,28085,26483,32980,16881,71282,16582,70084,98286,30586,14484,627

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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