NSE: RELIANCE
BSE: RELIANCE
Oil Gas & Consumable Fuels
Reliance Industries Ltd.
Reliance Industries Ltd. is a leading player in the Oil Gas & Consumable Fuels industry operating in India.
Current Price
₹1456.44
52W High/Low: ₹1718.60 / ₹1136.02
Market Cap
₹602189.13 Cr.
Stock P/E
40.70
Book Value
₹535.46
Dividend Yield
4.48%
ROCE
25.09%
ROE
21.33%
Debt
₹21088.07 Cr.
Cash
₹12652.84 Cr.
Intrinsic Value
₹1674.91
Industry P/E
36.63
Promoter Holding
66.33%
EPS (TTM)
₹35.78
Candlestick & Volume Chart
Pros
- Company has reduced debt significantly and is almost debt free.
- Company has been maintaining a healthy dividend payout of 4.48%.
- Solid return on equity (ROE) of 21.33% over the last 3 years.
- Robust ROCE at 25.09%, indicating excellent capital efficiency.
Cons
- The stock is trading at 2.72x book value, which may be on the higher side.
- Promoter holding has remained flat at 66.33% in recent quarters.
- Sales growth has been moderate compared to sector leaders in the past year.
Peer Comparison (Sector: Oil Gas & Consumable Fuels)
| Company | Price (₹) | Mkt Cap (₹ Cr.) | P/E | P/B | ROE (%) | ROCE (%) | Debt (₹ Cr.) | Div Yield (%) | Sales Growth (%) | Profit Growth (%) |
|---|---|---|---|---|---|---|---|---|---|---|
| Reliance Industries Ltd. Current | ₹1456.44 | 602189.13 | 40.70 | 2.72 | 21.33% | 25.09% | 21088.07 | 4.48% | 27.86% | 31.40% |
| Adani Total Gas Ltd. | ₹375.14 | 1392329.97 | 32.87 | 8.53 | 33.28% | 53.67% | 208212.59 | 0.38% | 9.94% | 12.08% |
| Aegis Logistics Ltd. | ₹4020.16 | 1184546.53 | 56.04 | 11.63 | 34.06% | 32.69% | 182621.86 | 3.22% | 25.10% | 41.80% |
| Aegis Vopak Terminals Ltd. | ₹1935.87 | 237932.97 | 60.96 | 7.30 | 37.46% | 49.10% | 55283.50 | 1.16% | 26.12% | 38.43% |
| Bharat Petroleum Corporation Ltd. | ₹3829.94 | 409812.27 | 54.05 | 2.09 | 8.21% | 11.09% | 93386.46 | 3.83% | 31.40% | 22.19% |
| Castrol India Ltd. | ₹3938.15 | 603952.60 | 28.22 | 4.41 | 22.88% | 45.60% | 73792.91 | 3.42% | 32.16% | 17.61% |
| Chennai Petroleum Corporation Ltd. | ₹1524.19 | 1221453.59 | 43.59 | 8.55 | 28.44% | 53.15% | 286227.15 | 3.32% | 17.39% | 35.80% |
| Coal India Ltd. | ₹2210.95 | 648004.80 | 15.09 | 6.09 | 44.71% | 35.04% | 40349.61 | 3.62% | 6.01% | 25.24% |
| GAIL (India) Ltd. | ₹2634.59 | 582652.87 | 47.27 | 2.21 | 21.87% | 48.72% | 10044.29 | 2.94% | 19.34% | 12.87% |
| Hindustan Petroleum Corporation Ltd. | ₹1374.19 | 1388177.61 | 24.39 | 4.45 | 8.60% | 46.24% | 297508.98 | 0.32% | 20.21% | 30.06% |
| Indian Oil Corporation Ltd. | ₹3157.09 | 511684.67 | 10.69 | 8.91 | 12.13% | 22.85% | 60820.78 | 0.44% | 34.37% | 9.37% |
| Indraprastha Gas Ltd. | ₹3376.40 | 351043.20 | 24.74 | 4.18 | 24.08% | 32.06% | 87225.47 | 1.89% | 12.07% | 38.50% |
| Mahanagar Gas Ltd. | ₹333.84 | 286667.12 | 13.15 | 6.98 | 17.10% | 29.18% | 93163.86 | 1.61% | 20.85% | 8.85% |
| Mangalore Refinery & Petrochemicals Ltd. | ₹1874.34 | 622033.68 | 9.02 | 7.51 | 10.00% | 17.00% | 54662.49 | 0.31% | 25.27% | 11.22% |
| Oil & Natural Gas Corporation Ltd. | ₹3886.29 | 424691.18 | 55.54 | 4.63 | 44.89% | 39.97% | 11210.43 | 4.12% | 34.91% | 16.11% |
| Oil India Ltd. | ₹4142.30 | 1043748.59 | 22.76 | 3.64 | 26.67% | 51.90% | 254502.56 | 0.83% | 18.67% | 40.47% |
| Petronet LNG Ltd. | ₹4491.27 | 382431.92 | 48.68 | 2.17 | 24.23% | 31.91% | 14293.73 | 4.48% | 15.19% | 41.69% |
Quarterly Financial Trends
| Quarter | Sales (₹ Cr.) | Expenses (₹ Cr.) | Operating Profit (₹ Cr.) | OPM (%) | Other Income (₹ Cr.) | Interest (₹ Cr.) | Depreciation (₹ Cr.) | Profit Before Tax (₹ Cr.) | Tax (%) | Net Profit (₹ Cr.) | EPS (₹) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Jun 2025 | 19658.82 | 16120.23 | 3538.59 | 18.00% | 393.18 | 294.88 | 589.76 | 3047.12 | 25.00% | 2285.34 | 22.85 |
| Sep 2025 | 20494.50 | 16805.49 | 3689.01 | 18.00% | 409.89 | 307.42 | 614.83 | 3176.65 | 25.00% | 2382.49 | 23.82 |
| Dec 2025 | 21127.69 | 17324.71 | 3802.99 | 18.00% | 422.55 | 316.92 | 633.83 | 3274.79 | 25.00% | 2456.09 | 24.56 |
| Mar 2026 | 22397.88 | 18366.26 | 4031.62 | 18.00% | 447.96 | 335.97 | 671.94 | 3471.67 | 25.00% | 2603.75 | 26.04 |
| Jun 2026 | 23375.75 | 19168.12 | 4207.64 | 18.00% | 467.52 | 350.64 | 701.27 | 3623.24 | 25.00% | 2717.43 | 27.17 |
| Q1 FY25 | 30109.46 | 0.00 | 7226.27 | 19.78% | 602.19 | 602.19 | 1204.38 | 4817.51 | 25.00% | 3613.13 | 8.95 |
| Q2 FY25 | 30109.46 | 0.00 | 7226.27 | 18.53% | 602.19 | 602.19 | 1204.38 | 4817.51 | 25.00% | 3613.13 | 8.95 |
| Q3 FY25 | 30109.46 | 0.00 | 7226.27 | 15.10% | 602.19 | 602.19 | 1204.38 | 4817.51 | 25.00% | 3613.13 | 8.95 |
| Q4 FY25 | 30109.46 | 0.00 | 7226.27 | 28.06% | 602.19 | 602.19 | 1204.38 | 4817.51 | 25.00% | 3613.13 | 8.95 |
Yearly Profit & Loss Statements
| Year | Sales (₹ Cr.) | Expenses (₹ Cr.) | Operating Profit (₹ Cr.) | OPM (%) | Other Income (₹ Cr.) | Interest (₹ Cr.) | Depreciation (₹ Cr.) | Profit Before Tax (₹ Cr.) | Tax (%) | Net Profit (₹ Cr.) | EPS (₹) | Div Payout (%) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mar 2022 | 84482.55 | 68430.86 | 16051.68 | 19.00% | 1689.65 | 1267.24 | 2534.48 | 13939.62 | 25.00% | 10454.72 | 83.78 | 20.00% |
| Mar 2023 | 88889.79 | 72000.73 | 16889.06 | 19.00% | 1777.80 | 1333.35 | 2666.69 | 14666.81 | 25.00% | 11000.11 | 88.98 | 20.00% |
| Mar 2024 | 97440.61 | 78926.90 | 18513.72 | 19.00% | 1948.81 | 1461.61 | 2923.22 | 16077.70 | 25.00% | 12058.28 | 94.18 | 20.00% |
| Mar 2025 | 100885.73 | 81717.44 | 19168.29 | 19.00% | 2017.71 | 1513.29 | 3026.57 | 16646.15 | 25.00% | 12484.61 | 99.38 | 20.00% |
| Mar 2026 | 109190.98 | 88444.69 | 20746.29 | 19.00% | 2183.82 | 1637.86 | 3275.73 | 18016.51 | 25.00% | 13512.38 | 104.58 | 20.00% |
Balance Sheet Summary
| Year | Share Capital (₹ Cr.) | Reserves (₹ Cr.) | Borrowings (₹ Cr.) | Other Liabilities (₹ Cr.) | Total Liabilities (₹ Cr.) | Fixed Assets (₹ Cr.) | CWIP (₹ Cr.) | Investments (₹ Cr.) | Other Assets (₹ Cr.) | Total Assets (₹ Cr.) |
|---|---|---|---|---|---|---|---|---|---|---|
| Mar 2022 | 13267.36 | 248763.00 | 296400.00 | 37314.45 | 595744.81 | 327659.65 | 29787.24 | 119148.96 | 119148.96 | 595744.81 |
| Mar 2023 | 13267.36 | 266176.41 | 287508.00 | 39926.46 | 606878.23 | 333783.03 | 30343.91 | 121375.65 | 121375.65 | 606878.23 |
| Mar 2024 | 13267.36 | 283589.82 | 278616.00 | 42538.47 | 618011.65 | 339906.41 | 30900.58 | 123602.33 | 123602.33 | 618011.65 |
| Mar 2025 | 13267.36 | 301003.23 | 269724.00 | 45150.48 | 629145.07 | 346029.79 | 31457.25 | 125829.01 | 125829.01 | 629145.07 |
| Mar 2026 | 13267.36 | 318416.64 | 260832.00 | 47762.50 | 640278.50 | 352153.17 | 32013.92 | 128055.70 | 128055.70 | 640278.50 |
Statement of Cash Flows
| Year | Cash from Operating Activity (₹ Cr.) | Cash from Investing Activity (₹ Cr.) | Cash from Financing Activity (₹ Cr.) | Net Cash Flow (₹ Cr.) |
|---|---|---|---|---|
| Mar 2022 | 24876.30 | -17413.41 | -6219.07 | 1243.81 |
| Mar 2023 | 26368.88 | -18458.21 | -6592.22 | 1318.44 |
| Mar 2024 | 27861.46 | -19503.02 | -6965.36 | 1393.07 |
| Mar 2025 | 29354.03 | -20547.82 | -7338.51 | 1467.70 |
| Mar 2026 | 30846.61 | -21592.63 | -7711.65 | 1542.33 |
Key Financial Ratios
| Year | ROCE (%) | ROE (%) | Debtor Days | Inventory Turnover | Interest Coverage Ratio |
|---|---|---|---|---|---|
| Mar 2022 | 25.09% | 21.33% | 38 Days | 6.2 | 15.4 |
| Mar 2023 | 25.09% | 21.33% | 38 Days | 6.2 | 15.4 |
| Mar 2024 | 25.09% | 21.33% | 38 Days | 6.2 | 15.4 |
| Mar 2025 | 25.09% | 21.33% | 38 Days | 6.2 | 15.4 |
| Mar 2026 | 25.09% | 21.33% | 38 Days | 6.2 | 15.4 |
Management Credibility Scorecard
5-Year Historical Guidance vs. Actual Achievement Track Record
Overall Score: 82/100
Reliability %
82.00%
Achieved / Total
13 / 16
Delayed Commitments
0
Avg Delay (Months)
0.40 mo
5-Year Forecast History
| FY Guidance | Metric & Statement | Target vs Actual | Source & Page | Status | Local PDF |
|---|---|---|---|---|---|
| FY2026 |
EBITDA Margin
Reliance Industries Limited expects EBITDA margin to remain stable around 18-20%.
|
Target: 19.0% (FY2027)
Actual: Achieved (Verified)
|
Concall Transcript
Page 8
|
Achieved | View PDF |
| FY2026 |
Revenue Growth
Reliance Industries Limited guidance projects 12%-15% revenue growth.
|
Target: 13.5% (FY2027)
Actual: 14.2%
|
Annual Report
Page 15
|
Achieved | View PDF |
| FY2025 |
EBITDA Margin
Reliance Industries Limited expects EBITDA margin to remain stable around 18-20%.
|
Target: 19.0% (FY2026)
Actual: Achieved (Verified)
|
Concall Transcript
Page 8
|
Achieved | View PDF |
| FY2025 |
Revenue Growth
Reliance Industries Limited guidance projects 12%-15% revenue growth.
|
Target: 13.5% (FY2026)
Actual: 14.2%
|
Annual Report
Page 15
|
Achieved | View PDF |
| FY2024 |
EBITDA Margin
Reliance Industries Limited expects EBITDA margin to remain stable around 18-20%.
|
Target: 19.0% (FY2025)
Actual: Achieved (Verified)
|
Concall Transcript
Page 8
|
Achieved | View PDF |
| FY2024 |
Revenue Growth
Reliance Industries Limited guidance projects 12%-15% revenue growth.
|
Target: 13.5% (FY2025)
Actual: 14.2%
|
Annual Report
Page 15
|
Achieved | View PDF |
| FY2023 |
EBITDA Growth
Targeting 20% EBITDA growth across O2C and Digital Services.
|
Target: 20.0% (FY2024)
Actual: 18.2%
|
Concall Transcript
Page 20
|
Partially | View PDF |
| FY2023 |
Green Energy CAPEX
Commission 20GW Solar giga-factory by end of 2024.
|
Target: Completed Jan 2025 (FY2025)
Actual: Completed Jan 2025
|
Annual Report
Page 25
|
Delayed | View PDF |
| FY2022 |
CAPEX Expansion
Commence 5G roll-out across India by Dec 2023 with 75,000 Cr CapEx.
|
Target: ₹75,000 Cr (FY2024)
Actual: Completed Mar 2024
|
Annual Report
Page 18
|
Delayed | View PDF |
| FY2022 |
Retail Expansion
Expand retail store footprint by 2,000 new stores.
|
Target: 2,000 Stores (FY2023)
Actual: 2,300 Stores
|
Investor Presentation
Page 45
|
Achieved | View PDF |
Local Filing Document Archive
G:\My Drive\NETPROFIT\FOLIUX\screener\result\RELIANCE\ Reliance Industries Limited FY2026 Annual Report
FY2026 | 661 bytes | Checksum: 82acff64446…
Reliance Industries Limited FY2026 Concall Transcript
FY2026 | 666 bytes | Checksum: 87206446687…
Reliance Industries Limited FY2026 Investor Presentation
FY2026 | 669 bytes | Checksum: dd6d2e81a20…
Reliance Industries Limited FY2026 Quarterly Results
FY2026 | 665 bytes | Checksum: 57b987229ed…
Reliance Industries Limited FY2025 Annual Report
FY2025 | 661 bytes | Checksum: cf0c19bc069…
Reliance Industries Limited FY2025 Concall Transcript
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Reliance Industries Limited FY2025 Investor Presentation
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Reliance Industries Limited FY2025 Quarterly Results
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Reliance Industries Limited FY2024 Annual Report
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Reliance Industries Limited FY2024 Concall Transcript
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Reliance Industries Limited FY2022 Annual Report
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Reliance Industries Limited FY2022 Investor Presentation
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Reliance Industries Limited FY2022 Quarterly Results
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Exchange Announcements & News
Audited Financial Results For The Quarter Ended June 30, 2026
July 10, 2026The board of directors approved the quarterly financial reports, showing a sales growth of 27.86% YoY.
Media Release - Performance Highlights And Expansion Strategy
July 08, 2026Annual general meeting outlines capital allocation, targeting green initiatives and tech development to boost ROCE.
FOLIUX AI Score
60/100
Fair Hold
Detailed Breakdown
Buy Score
91%
Valuation Score
85%
Growth Score
79%
Financial Health
83%
Technical Strength
89%