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Reliance Industries Limited (RELIANCE.NS)

INR1,296.90 -10.90 (-0.83%)
IN NSE Energy Oil & Gas Refining & Marketing
Address Maker Chambers IV 400021
Mumbai, IN
CEO Mukesh Dhirubhai Ambani
Website ril.com
IPO 1996-01-01
ISIN INE002A01018

Explore sections of this company profile

Also trades on Bombay Stock Exchange · RELIANCE.BO (INR) Frankfurt Stock Exchange · RLI.F (EUR) International Order Book · RIGD.IL (USD) London Stock Exchange · RIGD.L (USD) National Stock Exchange of India · RELIANCE.NS (INR) Vienna Stock Exchange · RLI.VI (EUR)
Description

Reliance Industries Limited (RIL), a prominent Indian conglomerate, conducts a wide array of business operations globally. At its core, RIL is deeply involved in the energy sector, encompassing the exploration, development, and production of crude oil and natural gas. The company also refines and distributes an extensive portfolio of petroleum products, such as LPG, gasoline, jet fuel, diesel, and various industrial chemicals. Furthermore, it is a major producer of petrochemicals, offering a vast range of products including different types of polyethylene (PE), polypropylene, polyvinyl chloride (PVC), and polyester fibers. Beyond its energy ventures, RIL commands an extensive retail footprint, managing over 12,711 stores as of March 31, 2021. This diverse retail ecosystem spans numerous formats like supermarkets, hypermarkets, specialty outlets, pharmacies, and online platforms, selling everything from groceries and apparel to electronics, beauty products, and connectivity solutions. Under its Jio brand, the company is a significant provider of digital services, offering telecommunications, internet access, and a variety of online platforms. RIL also operates in the financial services sector, delivering non-banking financial products and insurance brokerage. Additionally, the conglomerate has a presence in textile manufacturing, producing yarns, fabrics, clothing, and automotive furnishings. Its media and entertainment division, including Network18, manages news channels, entertainment platforms, financial portals, lifestyle websites, and online ticket booking services, alongside publishing magazines. The company also provides highway hospitality and fleet management services. Reliance Industries Limited, established in 1973, is headquartered in Mumbai, India.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
INR1,296.90 -10.90 (-0.83%)
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Volume Profile
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Liquidity & share structure
Average Volume
19M
Beta
0.18
Float Shares
6.58B
Free Float %
48.6%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+2.38% +1.25% -4.84% -6.35% -16.93% -17.66% -9.45% +11.14% +24.80% +476.56% +7,569.04%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
1,296.90
DCF (Unlevered) 558.52 -56.9%
DCF (Levered) 2,877.65 +121.9%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 97% Bullish
Rating 2026-06 Change
Strong Buy 7 0
Buy 25 +1
Hold 0 0
Sell 0 0
Strong Sell 1 0
Quality scores
Altman Z-Score
1.67
Distress
Piotroski F-Score
4 / 9
Average
MOAT Score
5 / 10
Developing
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
5 / 5
High
ROE Score
3 / 5
Medium
ROA Score
4 / 5
High
D/E Score
3 / 5
Medium
P/E Score
2 / 5
Medium
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Oil & Gas Refining & Marketing: -1.3%
    +9.6% Q1'26: +12.5% (vs Q1'25)
  • EPS growth Oil & Gas Refining & Marketing: +42.8%
    +16.0% Q1'26: -12.6% (vs Q1'25)
  • FCF margin FCF growth · Oil & Gas Refining & Marketing: +92.2%
    +10.2% Q1'26: +14.0% (vs Q1'25)
  • EBIT margin Oil & Gas Refining & Marketing: +4.6%
    +14.2% Q1'26: +11.5% (vs Q1'25)
  • ROIC Oil & Gas Refining & Marketing: +5.9%
    +9.5% Q1'26: +8.3% (vs Q1'25)
  • Share dilution Oil & Gas Refining & Marketing: +0.0%
    +0.0% Q1'26: +0.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Oil & Gas Refining & Marketing: 0.89×
    1.91× Q1'26: 2.05× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.18) × ERP
WACC = 81% × Ke + 19% × Kd (6.8%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 549.59 Current price: 1,296.90
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 1996
actual
Mar 1997
actual
Mar 1998
actual
Mar 2000
actual
Mar 2001
actual
Mar 2002
actual
Mar 2003
actual
Mar 2004
actual
Mar 2005
actual
Mar 2006
actual
Mar 2007
actual
Mar 2008
actual
Mar 2009
actual
Mar 2010
actual
Mar 2011
actual
Mar 2012
actual
Mar 2013
actual
Mar 2014
actual
Mar 2015
actual
Mar 2016
actual
Mar 2017
actual
Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
28 Rev. Ana.
26 EPS Ana.
Mar 2027
27 Rev. Ana.
30 EPS Ana.
Mar 2028
29 Rev. Ana.
28 EPS Ana.
Mar 2029
10 Rev. Ana.
8 EPS Ana.
Mar 2030
5 Rev. Ana.
3 EPS Ana.
Revenue
68.16B
est.
82.20B
est.
95.96B
est.
131.79B
est.
204.74B
est.
206.69B
est.
428.27B
est.
528.27B
est.
665.98B
est: 680.85B (-2.2%)
830.25B
est: 807.19B (+2.9%)
1.14T
est: 1.06T (+7.0%)
1.37T
est: 1.30T (+5.2%)
1.51T
est: 1.58T (-4.5%)
2.04T
est: 2.07T (-1.5%)
2.66T
est: 2.50T (+6.4%)
3.59T
est: 3.35T (+7.1%)
3.97T
est: 3.72T (+6.8%)
4.34T
est: 4.30T (+1.1%)
3.75T
est: 3.87T (-2.9%)
2.74T
est: 2.82T (-2.7%)
3.05T
est: 2.99T (+2.0%)
3.92T
est: 3.85T (+1.7%)
5.69T
est: 5.74T (-0.8%)
5.98T
est: 5.89T (+1.4%)
4.67T
est: 5.01T (-6.7%)
6.96T
est: 6.94T (+0.2%)
8.78T
est: 9.18T (-4.4%)
9.01T
est: 9.25T (-2.6%)
9.65T
est: 9.59T (+0.6%)
10.17T
8.98T – 11.85T
+6.1% YoY
11.95T
10.78T – 14.02T
+17.5% YoY
12.49T
11.02T – 14.40T
+4.5% YoY
13.52T
13.44T – 13.60T
+8.2% YoY
14.41T
12.86T – 16.75T
+6.6% YoY
EBITDA
13.07B
est.
32.23B
est.
39.05B
est.
56.50B
est.
60.44B
est.
42.76B
est.
112.93B
est.
85.44B
est.
139.72B
est: 105.77B (+32.1%)
155.36B
est: 135.63B (+14.6%)
223.83B
est: 204.69B (+9.3%)
301.93B
est: 251.44B (+20.1%)
226.06B
est: 353.97B (-36.1%)
417.77B
est: 334.18B (+25.0%)
432.86B
est: 515.99B (-16.1%)
424.22B
est: 545.69B (-22.3%)
400.23B
est: 459.85B (-13.0%)
424.71B
est: 543.96B (-21.9%)
451.47B
est: 401.69B (+12.4%)
529.12B
est: 352.55B (+50.1%)
548.37B
est: 549.46B (-0.2%)
733.78B
est: 576.48B (+27.3%)
914.08B
est: 931.88B (-1.9%)
956.70B
est: 668.54B (+43.1%)
999.40B
est: 561.71B (+77.9%)
1.26T
est: 708.71B (+78.3%)
1.53T
est: 727.13B (+110.8%)
1.79T
est: 2.03T (-11.9%)
1.83T
est: 2.11T (-13.0%)
2.23T
1.97T – 2.60T
+5.8% YoY
2.62T
2.36T – 3.07T
+17.5% YoY
2.74T
2.42T – 3.16T
+4.5% YoY
2.96T
2.95T – 2.98T
+8.2% YoY
3.16T
2.82T – 3.67T
+6.6% YoY
EBIT
9.56B
est.
22.74B
est.
27.55B
est.
39.87B
est.
42.29B
est.
36.81B
est.
101.88B
est.
71.31B
est.
101.84B
est: 85.90B (+18.5%)
105.88B
est: 108.66B (-2.6%)
154.86B
est: 149.37B (+3.7%)
234.09B
est: 186.18B (+25.7%)
148.93B
est: 220.70B (-32.5%)
277.76B
est: 233.91B (+18.7%)
264.66B
est: 241.69B (+9.5%)
275.95B
est: 323.30B (-14.6%)
287.91B
est: 231.18B (+24.5%)
312.70B
est: 271.38B (+15.2%)
336.00B
est: 216.27B (+55.4%)
413.47B
est: 194.05B (+113.1%)
431.91B
est: 369.01B (+17.0%)
566.72B
est: 397.33B (+42.6%)
704.74B
est: 731.66B (-3.7%)
734.67B
est: 674.56B (+8.9%)
733.68B
est: 548.10B (+33.9%)
965.92B
est: 691.53B (+39.7%)
1.13T
est: 709.50B (+59.3%)
1.28T
est: 1.38T (-7.1%)
1.30T
est: 1.43T (-8.9%)
1.51T
1.34T – 1.76T
+5.8% YoY
1.78T
1.60T – 2.09T
+17.5% YoY
1.86T
1.64T – 2.14T
+4.5% YoY
2.01T
2.00T – 2.02T
+8.2% YoY
2.14T
1.91T – 2.49T
+6.6% YoY
Net Income
45.78B
est.
19.93B
est.
24.15B
est.
34.94B
est.
36.44B
est.
26.93B
est.
60.98B
est.
50.54B
est.
76.28B
est: 66.63B (+14.5%)
93.95B
est: 90.44B (+3.9%)
120.75B
est: 123.85B (-2.5%)
195.23B
est: 147.42B (+32.4%)
149.50B
est: 237.02B (-36.9%)
244.24B
est: 195.54B (+24.9%)
192.72B
est: 295.88B (-34.9%)
197.24B
est: 258.66B (-23.7%)
208.79B
est: 208.17B (+0.3%)
224.93B
est: 258.45B (-13.0%)
235.66B
est: 202.99B (+16.1%)
297.45B
est: 174.90B (+70.1%)
299.01B
est: 319.38B (-6.4%)
360.75B
est: 339.44B (+6.3%)
395.88B
est: 541.07B (-26.8%)
393.54B
est: 413.54B (-4.8%)
491.28B
est: 347.51B (+41.4%)
607.05B
est: 438.46B (+38.5%)
667.02B
est: 449.85B (+48.3%)
696.21B
est: 1.42T (-51.1%)
696.48B
est: 815.04B (-14.5%)
807.75B
729.44B – 899.78B
-0.9% YoY
877.14B
650.79B – 1.09T
+8.6% YoY
995.22B
765.24B – 1.27T
+13.5% YoY
1.12T
923.57B – 1.36T
+12.3% YoY
— – —
-100.0% YoY
SGA
2.11B
est.
2.55B
est.
2.98B
est.
4.09B
est.
6.35B
est.
6.41B
est.
13.28B
est.
16.39B
est.
32.00B
est: 21.12B (+51.5%)
61.71B
est: 25.04B (+146.5%)
58.55B
est: 33.00B (+77.5%)
72.47B
est: 40.45B (+79.2%)
70.34B
est: 49.11B (+43.2%)
78.78B
est: 83.47B (-5.6%)
93.93B
est: 87.47B (+7.4%)
74.91B
est: 175.98B (-57.4%)
88.59B
est: 147.38B (-39.9%)
99.51B
est: 209.05B (-52.4%)
126.18B
est: 178.81B (-29.4%)
153.31B
est: 174.64B (-12.2%)
146.72B
est: 307.27B (-52.2%)
141.71B
est: 335.83B (-57.8%)
195.92B
est: 626.09B (-68.7%)
242.62B
est: 643.89B (-62.3%)
196.70B
est: 693.68B (-71.6%)
248.25B
est: 875.22B (-71.6%)
316.73B
est: 897.96B (-64.7%)
371.42B
est: 487.88B (-23.9%)
est: 507.15B (-100.0%)
536.45B
473.50B – 625.05B
+5.8% YoY
630.32B
568.56B – 739.18B
+17.5% YoY
658.66B
581.14B – 759.14B
+4.5% YoY
712.78B
708.64B – 716.93B
+8.2% YoY
759.97B
677.85B – 883.40B
+6.6% YoY
EPS
3.38
est.
3.25
est.
4.31
est.
5.48
est.
6.50
est.
6.56
est.
7.25
est.
9.23
est.
6.77
est: 13.28 (-49.0%)
8.35
est: 16.28 (-48.7%)
10.29
est: 20.21 (-49.1%)
16.67
est: 26.64 (-37.4%)
13.40
est: 24.49 (-45.3%)
20.38
est: 26.83 (-24.0%)
16.04
est: 32.87 (-51.2%)
16.38
est: 32.54 (-49.7%)
17.50
est: 33.77 (-48.2%)
18.96
est: 36.31 (-47.8%)
19.84
est: 16.66 (+19.1%)
25.01
est: 19.39 (+28.9%)
25.10
est: 21.85 (+14.9%)
30.19
est: 26.01 (+16.0%)
33.10
est: 29.44 (+12.4%)
31.24
est: 31.30 (-0.2%)
38.19
est: 31.77 (+20.2%)
46.00
est: 40.71 (+13.0%)
49.30
est: 47.46 (+3.9%)
51.45
est: 101.61 (-49.4%)
51.47
est: 52.05 (-1.1%)
60.27
53.90 – 66.49
+15.8% YoY
63.95
48.09 – 80.31
+6.1% YoY
71.97
56.55 – 93.70
+12.6% YoY
80.77
68.25 – 100.30
+12.2% YoY
— – —
-100.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-06-12 B+ 3/5 5/5 3/5 4/5 3/5 2/5 2/5
2026-06-11 B+ 3/5 4/5 3/5 4/5 3/5 2/5 2/5
2026-06-10 B+ 3/5 4/5 3/5 4/5 3/5 2/5 2/5
2026-06-09 B+ 3/5 4/5 3/5 4/5 3/5 2/5 2/5
2026-06-08 B+ 3/5 4/5 3/5 4/5 3/5 2/5 2/5
2026-06-05 B+ 3/5 4/5 3/5 4/5 3/5 2/5 2/5
2026-06-04 B+ 3/5 4/5 3/5 4/5 3/5 2/5 2/5
2026-06-03 B+ 3/5 4/5 3/5 4/5 3/5 2/5 2/5
2026-06-02 B+ 3/5 4/5 3/5 4/5 3/5 2/5 2/5
2026-06-01 B+ 3/5 4/5 3/5 4/5 3/5 2/5 2/5
2026-05-29 B+ 3/5 4/5 3/5 4/5 3/5 2/5 2/5
2026-05-27 B+ 3/5 4/5 3/5 4/5 3/5 2/5 2/5
2026-05-26 B+ 3/5 4/5 3/5 4/5 3/5 2/5 2/5
2026-05-25 B+ 3/5 4/5 3/5 4/5 3/5 2/5 2/5
2026-05-22 B+ 3/5 4/5 3/5 4/5 3/5 2/5 2/5
2026-05-21 B+ 3/5 4/5 3/5 4/5 3/5 2/5 2/5
2026-05-20 B+ 3/5 4/5 3/5 4/5 3/5 2/5 2/5
2026-05-19 B+ 3/5 4/5 3/5 4/5 3/5 2/5 2/5
2026-05-18 B+ 3/5 4/5 3/5 4/5 3/5 2/5 2/5
2026-05-15 B+ 3/5 4/5 3/5 4/5 3/5 2/5 2/5
2026-05-14 B+ 3/5 4/5 3/5 4/5 3/5 2/5 2/5
2026-05-13 B+ 3/5 4/5 3/5 4/5 3/5 2/5 2/5
2026-05-12 B+ 3/5 4/5 3/5 4/5 3/5 2/5 2/5
2026-05-11 B+ 3/5 4/5 3/5 4/5 3/5 2/5 2/5
2026-05-08 B 3/5 4/5 3/5 4/5 2/5 2/5 2/5
2026-05-07 B 3/5 4/5 3/5 4/5 2/5 2/5 2/5
2026-05-06 B 3/5 4/5 3/5 4/5 2/5 2/5 2/5
2026-05-05 B 3/5 4/5 3/5 4/5 2/5 2/5 2/5
2026-05-04 B+ 3/5 5/5 3/5 4/5 2/5 2/5 2/5
2026-04-30 B+ 3/5 5/5 4/5 4/5 2/5 2/5 2/5
2026-04-29 A- 4/5 5/5 4/5 4/5 2/5 2/5 3/5
2026-04-28 A- 4/5 5/5 4/5 4/5 2/5 2/5 3/5
2026-04-27 A- 4/5 5/5 4/5 4/5 2/5 2/5 3/5
2026-04-24 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-23 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-22 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-21 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-20 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-17 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-16 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-15 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
455.90B
OE per share TTM
33.69
Owner's Yield
2.61%
Maintenance CapEx ratio
38.58%
Maint CapEx / Avg PPE
87.9%

Ownership Overview

Ownership breakdown
At a glance
Institutional holders
1
Total invested
3.36M
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend From To
13F snapshot — 2026 Q1
Investors holding
1
+0 vs prev Q
New positions
0
Closed positions
0
Increased
0
Reduced
0
Put/Call ratio
0.00
Calls held
Puts held
Top institutional holders
# Investor Shares / Δ Mkt value / Δ Own% / Δ Weight% / Δ Avg px / Perf. Hold / Status
1 STANLEY-LAMAN GROUP, LTD. 236.0K +— (+0.0%) 4.04M +417.6K (+11.5%) 0.00% +0.000 pp 0.51% -0.003 pp INR958.62 -98.2% 20 qtrs
Ownership breakdown by holder

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
3.49M
Shares Outstanding
13.53B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Nikhil Rasiklal Meswani Executive Director 250M male
Panda Madhusudana Siva Prasad Executive Director 250M male
Hital Rasiklal Meswani Executive Director 250M male
Anant Mukesh Ambani Whole-Time Director 124M male
Mukesh Dhirubhai Ambani Chairman & MD male
Mahesh Marve Head of Research & Technology male
Hemen Kanu Modi Vice President of Investor Relations male
Parul Sharma Group President female
Savithri Parekh Company Secretary & Compliance Officer female
Srikanth Venkatachari Chief Financial Officer male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits