Reliance Industries Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- ✓Low debt relative to equity (D/E 0.4x)
- ✓Near 52-week low — potential value zone (₹1,253)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| ONGC Oil & Natural Gas Corporation Limited | ₹252 | ₹3.1L Cr | 7.46 | 0.85 | 11.7 | 14.2 | 0.48 |
| COALINDIA Coal India Limited | ₹429 | ₹2.6L Cr | 8.48 | 2.22 | 28.5 | 35.3 | 0.13 |
| IOC Indian Oil Corporation Limited | ₹142 | ₹2.0L Cr | 4.75 | 0.91 | 20.7 | 18.8 | 0.74 |
| BPCL Bharat Petroleum Corporation Limited | ₹310 | ₹1.4L Cr | 5.24 | 1.34 | 28.8 | 25.7 | 0.56 |
| GAIL GAIL (India) Limited | ₹173 | ₹1.1L Cr | 14.8 | 1.28 | 8.71 | 9.68 | 0.25 |
| HINDPETRO Hindustan Petroleum Corporation Limited | ₹394 | ₹85K Cr | 4.72 | 1.28 | 30.9 | 22.2 | 1.11 |
| ATGL Adani Total Gas Limited | ₹700 -1.75% | ₹78K Cr | 119 | 15.85 | 14.4 | 15.3 | 0.45 |
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 news →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
US-Iran tensions spike crude oil prices globally
*US-Iran tensions spike crude oil prices globally*. Geopolitical risks have pushed international crude benchmarks higher, with Brent crude rising to **$85.42/barrel**. This has led to increased pressure on India's refining and fuel pricing outlook. Domestic petrol and diesel prices may see upward revision, impacting inflation and oil marketing companies. 📊 *STOCKS:* ONGC, RELIANCE, IOCL | 🏢 *SECTOR:* Energy | #HIGHIMPACT #CrudeOil
ED alleges IBC norms misused in RCFL money laundering
*ED alleges IBC norms were misused in RCFL money laundering case.* The Enforcement Directorate has claimed that proceeds of crime were funneled through IBC processes in the **Reliance Capital Ltd** insolvency. This raises red flags over governance and fund utilization. The development may impact investor sentiment and regulatory scrutiny around stressed asset resolutions. 📊 *STOCKS:* RCFL | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #RCFL
SEBI issues insider trading warning to Reliance Industries
*SEBI issues insider trading warning to Reliance Industries* — Shares of Reliance Industries remain under pressure after SEBI issued an administrative warning over alleged insider trading. The regulator has initiated a preliminary probe, though no formal charges have been levied yet. The development has sparked investor caution amid scrutiny of corporate governance practices. 📊 *STOCKS:* RELIANCE | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #SEBI
Monsoon now key driver for inflation and rates
*Monsoon now key driver for inflation and rates.* A normal monsoon will keep food inflation under control at **<5%**, reducing reliance on crude oil for rate outlook. RBI may hold rates steady if kharif sowing is strong. Weak rains could push inflation and delay rate cuts. 📊 *STOCKS:* | 🏢 *SECTOR:* Macro | #HIGHIMPACT #monsoon
Saudi slashes crude prices for Asia by record margin
*Saudi slashes crude prices for Asia by record margin.* Saudi Arabia cut the price of its flagship crude by **$8/barrel**, the largest drop in over 20 years, triggering a price war amid collapsing demand. This will sharply reduce input costs for Indian refiners and may boost margins for companies like **Reliance** and **Nayara**. However, it signals deeper global oversupply, potentially dragging down energy stocks. 📊 *STOCKS:* | 🏢 *SECTOR:* Energy | #HIGHIMPACT #CrudeOil
India's rising external debt raises macro concerns
*India's external debt isn’t as comfort-assuring as it may seem at first glance.* Recent data shows external debt at **$620 billion**, with short-term debt占比 rising to **28%**, increasing rollover risks. A widening current account deficit and reliance on foreign inflows pose vulnerabilities. 📊 *STOCKS:* | 🏢 *SECTOR:* Macro | #HIGHIMPACT #externaldebt
India's Russian crude imports hit record high in June
*India's Russian crude imports hit record high in June as discounts widen.* Refiners like **Reliance** and **IOC** imported **over 1 million barrels per day**, up **40% MoM**. Steeper discounts on Urals crude boosted profitability. Refinery throughput and export margins likely to improve. 📊 *STOCKS:* RELIANCE, IOC | 🏢 *SECTOR:* Energy | #HIGHIMPACT #CrudeOil
Reliance commits ₹1.44L cr capex for FY26
*Reliance commits ₹1.44L cr capex for FY26* — FY26 capex set at **₹1.44 lakh crore**, part of a five-year plan exceeding **₹6.48 lakh crore**. This signals aggressive expansion in energy, retail, and green tech. Investors eye execution risks and return potential. 📊 *STOCKS:* RELIANCE | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #Capex
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.
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