Reliance Industries Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Low debt relative to equity (D/E 0.4x)
Concerns
Today's Price Action
Reliance Industries closed at ₹1,322, unchanged on the session. The traded volume of 1,30,22,095 shares exactly matches the 20‑day average, indicating that today’s activity is typical for the stock’s recent liquidity pattern.
Valuation Snapshot
The current P/E of 23.3 sits comfortably above the sector average, which is effectively zero because many peers are either loss‑making or have negligible earnings. A ROE of 8.91 % reflects modest profitability relative to the sizeable balance‑sheet base.
Key Levels to Watch
The share price is positioned just above the lower band of its 52‑week range (₹1,250) and remains roughly 22 % below the upper band (₹1,612), suggesting limited upside within the current annual swing. Open‑interest data points to a modest cluster of contracts around ₹1,350, which could act as a short‑term support/resistance zone.
Chart Pattern
On the daily chart, a Gravestone Doji appeared five sessions ago, followed by a Bullish Harami eight sessions ago. Both formations are classic reversal signals that highlight a potential shift in market sentiment over the recent period.
Data Summary
Key metrics today include an unchanged LTP of ₹1,322, a P/E of 23.3, and a ROE of 8.91 %. Volume aligns with the 20‑day average at 1,30,22,095 shares, and the stock sits near the lower edge of its 52‑week trading band.
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| ONGC Oil & Natural Gas Corporation Limited | ₹235 | ₹3.0L Cr | 6.75 | 0.79 | 11.6 | 14.2 | 0.48 |
| COALINDIA Coal India Limited | ₹415 | ₹2.6L Cr | 8.2 | 2.15 | 28.2 | 35 | 0.13 |
| IOC Indian Oil Corporation Limited | ₹138 | ₹1.9L Cr | 5.77 | 0.89 | 20.5 | 18.7 | 0.74 |
| BPCL Bharat Petroleum Corporation Limited | ₹316 | ₹1.4L Cr | 8.84 | 1.37 | 28.8 | 25.6 | 0.56 |
| GAIL GAIL (India) Limited | ₹173 | ₹1.1L Cr | 11.5 | 1.28 | 8.71 | 9.67 | 0.25 |
| OIL Oil India Limited | ₹488 | ₹79K Cr | 9.51 | 1.37 | 12.2 | 11.5 | 0.64 |
| HINDPETRO Hindustan Petroleum Corporation Limited | ₹357 | ₹76K Cr | 45.4 | 1.16 | 30.9 | 22.2 | 1.11 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
RELIANCE · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 50.30% | 50.31% | 50.33% | 50.24% | 50.13% | 50.10% |
| FII | 22.13% | 22.06% | 21.75% | 21.30% | 19.16% | 19.07% |
| DII | 16.59% | 16.98% | 17.30% | 17.61% | 19.02% | 19.36% |
| Public | 10.80% | 10.46% | 10.43% | 10.67% | 11.52% | 11.29% |
| Govt | 0.18% | 0.19% | 0.19% | 0.19% | 0.18% | 0.17% |
Corporate Events
To consider and approve the financial results for the period ended June 30, 2026
Dividend - Rs 6 Per Share
Dividend - Rs 5.5 Per Share
Bonus 1:1
Dividend - Rs 10 Per Share
Dividend - Rs 9 Per Share
Demerger
Latest News
All newsReliance Chemotex announces board meeting outcomes.
*Reliance Chemotex announces board meeting outcomes.* The company disclosed outcomes from its August 11, 2026 board meeting. No major financial figures or strategic decisions were revealed. The update appears to be a routine disclosure with limited immediate market implications. 📊 *STOCKS:* $RELCHME | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #BoardMeeting
Reliance Chemotex reports Q1 FY26 financial results
*Reliance Chemotex reports Q1 FY26 financial results*. The company has submitted its financial results for the quarter ended June 30, 2026. Key performance metrics and revenue figures are awaited in the detailed filing. Traders may watch for margin trends and order book updates. 📊 *STOCKS:* $RELCHMECH | 🏢 *SECTOR:* Chemicals | #MEDIUMIMPACT #Earnings
Reliance proposes IPO for Jio Platforms
*Reliance proposes IPO for Jio Platforms.* The move could unlock significant value, with Jio Platforms valued at **$65 billion** in recent funding rounds. The IPO plans mark a major step in Reliance’s strategy to monetize digital assets. This could boost investor sentiment around tech subsidiaries. 📊 *STOCKS:* RELIANCE | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #IPO
Reliance, Meta to build AI data centre in Jamnagar
*Reliance, Meta to build AI data centre in Jamnagar* — Reliance Industries and Meta plan to develop an AI-enabled data centre in Jamnagar, Gujarat, marking a strategic leap in digital infrastructure. The facility will support AI and cloud services, boosting Jio's tech capabilities. This collaboration strengthens India’s position in the global AI race. 📊 *STOCKS:* RELIANCE | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #AI
ONGC to invest ₹1 lakh crore in deepwater oil exploration
*ONGC to invest ₹1 lakh crore in deepwater oil exploration*. The ambitious plan aims to significantly boost domestic crude oil and natural gas production over the next decade. The move underscores a strategic shift towards self-reliance in energy, reducing import dependence. Deepwater projects could add **5-6 million metric tonnes** of annual output by 2030. 📊 *STOCKS:* $ONGC | 🏢 *SECTOR:* Energy | #HIGHIMPACT #Energy
India’s $136B inflow boosts rupee, raises future risks
*India’s $136 billion dollar inflow aids rupee but raises future risks.* The surge in foreign investment has strengthened the rupee, providing short-term stability. However, reliance on volatile capital flows poses **$136 billion** in future risks amid global rate shifts. A sudden reversal could pressure forex reserves and equity markets. 📊 *STOCKS:* | 🏢 *SECTOR:* Macro | #HIGHIMPACT #Rupee
Bank credit growth hits four-year high at 20%
*Bank credit growth surges to a four-year high of **20%** driven by strong retail and corporate demand, while deposit growth lags at **9%**, widening the credit-deposit gap.* This imbalance could pressure banks' liquidity and margin outlook. A rising reliance on costlier wholesale funding may squeeze net interest margins. Regulatory monitoring may intensify if the gap widens further. 📊 *STOCKS:* | 🏢 *SECTOR:* Banking | #HIGHIMPACT #CreditGrowth
Bank credit growth outpaces deposits, deposit mobilisation critical
*Bank credit growth outpaces deposits, deposit mobilisation critical.* Rising credit demand is **outpacing deposit growth**, raising concerns over liquidity and funding costs. The Economic Advisory Council to the PM emphasized strengthening deposit mobilisation to maintain stability. A sustained gap could pressure **net interest margins** and increase reliance on wholesale funding. 📊 *STOCKS:* | 🏢 *SECTOR:* Banking | #HIGHIMPACT #Banking
Russia supplies over 50% of India's crude imports
*Russia supplies over 50% of India's crude imports*. India has sharply increased its crude purchases from Russia, with Moscow now accounting for **more than half** of total imports. This shift comes amid discounted pricing and global geopolitical realignments, reducing reliance on traditional suppliers. The trend supports refiners' margins and national trade balance. 📊 *STOCKS:* | 🏢 *SECTOR:* Energy | #HIGHIMPACT #Energy
Fraud probe expands to Kokilaben Hospital, Ambani-linked entities under scrutiny
*Fraud probe expands to Kokilaben Hospital, Ambani-linked entities under scrutiny.* The Serious Fraud Investigation Office (SFIO) has extended its investigation into fund diversion allegations against Anil Ambani and associates to include Kokilaben Dhirubhai Ambani Hospital. The move suggests potential financial irregularities in related group entities. No specific charges confirmed yet, but scrutiny could impact investor sentiment on Reliance Group firms. 📊 *STOCKS:* | 🏢 *SECTOR:* Legal | #HIGHIMPACT #FraudProbe
Financials
Quarterly Results
| Metric | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹2.9L Cr 11.0% | ₹2.6L Cr 4.0% | ₹2.5L Cr 4.5% | ₹2.4L Cr 6.8% | ₹2.6L Cr 8.9% | ₹2.4L Cr 3.6% | ₹2.3L Cr 0.1% | ₹2.3L Cr |
| Op. Profit | ₹44.1K Cr 4.1% | ₹46.0K Cr 0.3% | ₹45.9K Cr 6.9% | ₹42.9K Cr 2.1% | ₹43.8K Cr 0.1% | ₹43.8K Cr 12.1% | ₹39.1K Cr 0.8% | ₹38.8K Cr |
| OPM | 15.0% 11.8% | 17.0% 5.6% | 18.0% 0.0% | 18.0% 5.9% | 17.0% 5.6% | 18.0% 5.9% | 17.0% 0.0% | 17.0% |
| Net Profit | ₹20.6K Cr 7.6% | ₹22.3K Cr 0.9% | ₹22.1K Cr 28.2% | ₹30.8K Cr 36.1% | ₹22.6K Cr 3.1% | ₹21.9K Cr 13.5% | ₹19.3K Cr 10.8% | ₹17.4K Cr |
| EPS (₹) | 12.54 9.0% | 13.78 2.7% | 13.42 32.7% | 19.95 39.1% | 14.34 4.7% | 13.7 11.9% | 12.24 9.4% | 11.19 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹10.6L Cr 9.7% | ₹9.6L Cr 7.1% | ₹9.0L Cr 2.6% | ₹8.8L Cr 26.2% | ₹6.9L Cr 49.0% | ₹4.7L Cr 21.8% | ₹6.0L Cr 5.0% | ₹5.7L Cr 45.4% | ₹3.9L Cr 28.6% | ₹3.0L Cr |
| Expenses | ₹8.8L Cr 10.0% | ₹8.0L Cr 8.2% | ₹7.4L Cr 0.3% | ₹7.3L Cr 25.2% | ₹5.9L Cr 52.0% | ₹3.9L Cr 24.0% | ₹5.1L Cr 4.8% | ₹4.8L Cr 48.3% | ₹3.3L Cr 26.7% | ₹2.6L Cr |
| Op. Profit | ₹1.8L Cr 8.1% | ₹1.7L Cr 1.9% | ₹1.6L Cr 14.2% | ₹1.4L Cr 31.1% | ₹1.1L Cr 34.4% | ₹80.8K Cr 9.5% | ₹89.3K Cr 6.0% | ₹84.3K Cr 31.0% | ₹64.3K Cr 38.9% | ₹46.3K Cr |
| OPM | 17.0% 0.0% | 17.0% 5.6% | 18.0% 12.5% | 16.0% 0.0% | 16.0% 5.9% | 17.0% 13.3% | 15.0% 0.0% | 15.0% 6.3% | 16.0% 6.7% | 15.0% |
| Other Income | ₹28.8K Cr 61.8% | ₹17.8K Cr 12.9% | ₹15.8K Cr 31.4% | ₹12.0K Cr 38.7% | ₹19.6K Cr 12.6% | ₹22.4K Cr 161.8% | ₹8.6K Cr 2.0% | ₹8.4K Cr 14.8% | ₹9.9K Cr 7.0% | ₹9.2K Cr |
| Interest | ₹27.1K Cr 11.5% | ₹24.3K Cr 5.0% | ₹23.1K Cr 18.1% | ₹19.6K Cr 34.2% | ₹14.6K Cr 31.2% | ₹21.2K Cr 3.8% | ₹22.0K Cr 33.5% | ₹16.5K Cr 104.9% | ₹8.1K Cr 109.2% | ₹3.8K Cr |
| Depreciation | ₹57.7K Cr 8.6% | ₹53.1K Cr 4.5% | ₹50.8K Cr 26.1% | ₹40.3K Cr 35.3% | ₹29.8K Cr 12.1% | ₹26.6K Cr 19.7% | ₹22.2K Cr 6.1% | ₹20.9K Cr 25.3% | ₹16.7K Cr 43.4% | ₹11.6K Cr |
| PBT | ₹1.2L Cr 16.2% | ₹1.1L Cr 1.6% | ₹1.0L Cr 10.5% | ₹94.5K Cr 12.7% | ₹83.8K Cr 51.1% | ₹55.5K Cr 3.5% | ₹53.6K Cr 2.9% | ₹55.2K Cr 11.7% | ₹49.4K Cr 23.5% | ₹40.0K Cr |
| Tax % | 22.0% 8.3% | 24.0% 4.0% | 25.0% 13.6% | 22.0% 15.8% | 19.0% 533.3% | 3.0% 88.5% | 26.0% 7.1% | 28.0% 3.7% | 27.0% 8.0% | 25.0% |
| Net Profit | ₹95.8K Cr 17.8% | ₹81.3K Cr 2.9% | ₹79.0K Cr 6.7% | ₹74.1K Cr 9.2% | ₹67.8K Cr 26.2% | ₹53.7K Cr 34.8% | ₹39.9K Cr 0.1% | ₹39.8K Cr 10.4% | ₹36.1K Cr 20.9% | ₹29.8K Cr |
| EPS (₹) | 59.69 16.0% | 51.47 0.0% | 51.45 4.4% | 49.29 9.9% | 44.87 15.8% | 38.75 33.2% | 29.1 0.6% | 29.28 9.7% | 26.69 23.9% | 21.55 |
| Div Payout | 10.0% 9.1% | 11.0% 10.0% | 10.0% 11.1% | 9.0% 0.0% | 9.0% 0.0% | 9.0% 10.0% | 10.0% 0.0% | 10.0% 0.0% | 10.0% 9.1% | 11.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
Liabilities | ||||||||||
| Equity Capital | ₹13.5K Cr 0.0% | ₹13.5K Cr 100.0% | ₹6.8K Cr 0.0% | ₹6.8K Cr 0.0% | ₹6.8K Cr 5.0% | ₹6.4K Cr 1.7% | ₹6.3K Cr 7.0% | ₹5.9K Cr 0.1% | ₹5.9K Cr 100.1% | ₹3.0K Cr |
| Reserves | ₹8.9L Cr 7.3% | ₹8.3L Cr 5.5% | ₹7.9L Cr 10.9% | ₹7.1L Cr 8.2% | ₹7.7L Cr 11.4% | ₹6.9L Cr 56.7% | ₹4.4L Cr 16.2% | ₹3.8L Cr 32.5% | ₹2.9L Cr 10.3% | ₹2.6L Cr |
| Borrowings | ₹4.0L Cr 7.7% | ₹3.7L Cr 6.7% | ₹3.5L Cr 22.3% | ₹4.5L Cr 41.5% | ₹3.2L Cr 14.4% | ₹2.8L Cr 21.4% | ₹3.6L Cr 15.4% | ₹3.1L Cr 28.3% | ₹2.4L Cr 10.3% | ₹2.2L Cr |
| Other Liabilities | ₹8.7L Cr 18.9% | ₹7.3L Cr 19.9% | ₹6.1L Cr 39.4% | ₹4.4L Cr 9.6% | ₹4.0L Cr 17.3% | ₹3.4L Cr 5.0% | ₹3.6L Cr 18.5% | ₹3.0L Cr 9.0% | ₹2.8L Cr 23.2% | ₹2.3L Cr |
| Total Liabilities | ₹21.8L Cr 11.7% | ₹19.5L Cr 11.1% | ₹17.6L Cr 9.3% | ₹16.1L Cr 7.2% | ₹15.0L Cr 13.5% | ₹13.2L Cr 13.5% | ₹11.6L Cr 16.6% | ₹10.0L Cr 23.0% | ₹8.1L Cr 14.8% | ₹7.1L Cr |
Assets | ||||||||||
| Fixed Assets | ₹11.2L Cr 12.5% | ₹10.0L Cr 28.1% | ₹7.8L Cr 7.6% | ₹7.2L Cr 15.5% | ₹6.3L Cr 16.0% | ₹5.4L Cr 1.6% | ₹5.3L Cr 33.7% | ₹4.0L Cr 1.4% | ₹4.0L Cr 103.4% | ₹2.0L Cr |
| CWIP | ₹2.4L Cr 9.4% | ₹2.6L Cr 22.6% | ₹3.4L Cr 15.4% | ₹2.9L Cr 70.3% | ₹1.7L Cr 37.0% | ₹1.3L Cr 15.4% | ₹1.1L Cr 39.2% | ₹1.8L Cr 4.0% | ₹1.9L Cr 42.4% | ₹3.2L Cr |
| Investments | ₹2.5L Cr 2.5% | ₹2.4L Cr 7.4% | ₹2.3L Cr 4.2% | ₹2.4L Cr 40.3% | ₹3.9L Cr 8.1% | ₹3.6L Cr 31.8% | ₹2.8L Cr 17.5% | ₹2.4L Cr 184.4% | ₹82.9K Cr 0.0% | ₹82.9K Cr |
| Other Assets | ₹5.7L Cr 27.2% | ₹4.5L Cr 8.5% | ₹4.1L Cr 16.7% | ₹3.5L Cr 15.7% | ₹3.0L Cr 5.6% | ₹2.9L Cr 17.8% | ₹2.4L Cr 32.8% | ₹1.8L Cr 33.9% | ₹1.4L Cr 36.8% | ₹1.0L Cr |
| Total Assets | ₹21.8L Cr 11.7% | ₹19.5L Cr 11.1% | ₹17.6L Cr 9.3% | ₹16.1L Cr 7.2% | ₹15.0L Cr 13.5% | ₹13.2L Cr 13.5% | ₹11.6L Cr 16.6% | ₹10.0L Cr 23.0% | ₹8.1L Cr 14.8% | ₹7.1L Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹1.9L Cr 7.5% | ₹1.8L Cr 12.5% | ₹1.6L Cr 38.0% | ₹1.2L Cr 4.0% | ₹1.1L Cr 310.5% | ₹27.0K Cr 71.6% | ₹94.9K Cr 124.1% | ₹42.3K Cr 40.7% | ₹71.5K Cr 44.2% | ₹49.5K Cr |
| Investing CF | ₹-1.0L Cr 26.5% | ₹-1.4L Cr 21.1% | ₹-1.1L Cr 22.1% | ₹-93.0K Cr 14.8% | ₹-1.1L Cr 23.3% | ₹-1.4L Cr 96.4% | ₹-72.5K Cr 23.3% | ₹-94.5K Cr 38.6% | ₹-68.2K Cr 3.0% | ₹-66.2K Cr |
| Financing CF | ₹-51.5K Cr 61.6% | ₹-31.9K Cr 91.6% | ₹-16.6K Cr 259.2% | ₹10.5K Cr 39.5% | ₹17.3K Cr 83.0% | ₹1.0L Cr 4110.4% | ₹-2.5K Cr 104.5% | ₹55.9K Cr 2893.9% | ₹-2.0K Cr 123.2% | ₹8.6K Cr |
| Net Cash Flow | ₹39.5K Cr 325.5% | ₹9.3K Cr 67.5% | ₹28.6K Cr 12.1% | ₹32.5K Cr 73.0% | ₹18.8K Cr 238.9% | ₹-13.5K Cr 168.2% | ₹19.8K Cr 429.7% | ₹3.7K Cr 195.8% | ₹1.3K Cr 115.8% | ₹-8.0K Cr |
| Free Cash Flow | ₹70.0K Cr 70.5% | ₹41.1K Cr 93.7% | ₹21.2K Cr 226.5% | ₹-16.8K Cr 222.9% | ₹13.6K Cr 117.8% | ₹-76.6K Cr 496.2% | ₹19.3K Cr 138.3% | ₹-50.4K Cr 3273.3% | ₹-1.5K Cr 94.5% | ₹-27.1K Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 20d 25.0% | 16d 23.1% | 13d 8.3% | 12d 0.0% | 12d 20.0% | 15d 25.0% | 12d 36.8% | 19d 18.8% | 16d 60.0% | 10d |
| Inventory Days | 88d 3.5% | 85d 10.5% | 95d 9.2% | 87d 4.8% | 83d 18.6% | 102d 52.2% | 67d 6.3% | 63d 24.1% | 83d 1.2% | 84d |
| Days Payable | 84d 22.2% | 108d 2.7% | 111d 22.0% | 91d 26.0% | 123d 9.6% | 136d 56.3% | 87d 13.0% | 100d 31.5% | 146d 10.6% | 132d |
| Cash Conv. Cycle | 25d 412.5% | -8d 166.7% | -3d 142.9% | 7d 125.9% | -27d 42.1% | -19d 111.1% | -9d 50.0% | -18d 60.9% | -46d 21.1% | -38d |
| Working Capital Days | -66d 2.9% | -68d 28.3% | -53d 19.7% | -66d 17.9% | -56d 3.4% | -58d 63.3% | -158d 46.3% | -108d 39.7% | -179d 0.0% | -179d |
| ROCE | 10.0% 0.0% | 10.0% 0.0% | 10.0% 11.1% | 9.0% 12.5% | 8.0% 0.0% | 8.0% 27.3% | 11.0% 8.3% | 12.0% 9.1% | 11.0% 10.0% | 10.0% |
Source: Screener.in · Lower days = better efficiency
Deep Dive Analysis
About Reliance Industries Limited
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.
Oil, Gas & Consumable FuelsPetroleum Products