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Reliance Infrastructure Limited (RELINFRA.NS)

INR66.44 +0.00 (-4.99%)
IN NSE Utilities Regulated Electric
Address Reliance Centre 400001
Mumbai, IN
CEO Ivan Saha
Website rinfra.com
IPO 1996-01-01
ISIN INE036A01016

Explore sections of this company profile

Also trades on Bombay Stock Exchange · RELINFRA.BO (INR) London Stock Exchange · RIFS.L (USD) National Stock Exchange of India · RELINFRA.NS (INR) Other OTC · RELFF (USD)
Description

Reliance Infrastructure Limited (RInfra), an Indian enterprise founded in Mumbai in 1929, is a multifaceted infrastructure company with a primary focus on producing, transmitting, and supplying electrical power to a wide range of residential, industrial, and commercial clients throughout India. The company's operations are structured across three main divisions. The Power segment oversees the management of various energy generation facilities, including a 220 MW combined cycle power plant at Samalkot, a 48 MW combined cycle power plant at Mormugao, and a 9.39 MW wind farm in Chitradurga. This division is also responsible for electricity distribution in Delhi, operates a 165 MW combined cycle power plant in Kochi, maintains power transmission networks within Himachal Pradesh, and participates in power trading. Through its Engineering and Construction (E&C) segment, RInfra delivers a comprehensive suite of services encompassing construction, installation, project commissioning, and general contracting. The Infrastructure segment is dedicated to the development, operational management, and ongoing maintenance of key assets such as toll roads, metropolitan rail systems, and airports. Beyond these primary areas, RInfra engages in the exploration and production of energy resources, holding interests in four coal bed methane (CBM) blocks totaling approximately 3,266 square kilometers across Madhya Pradesh, Andhra Pradesh, and Rajasthan, as well as an oil and gas block covering 3,619 square kilometers in Mizoram. The company is also involved in the rehabilitation and enhancement of National Highway 66. Its diverse ventures further extend to manufacturing cement and defense systems, constructing smart city initiatives, and developing real estate and urban transport solutions.

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
INR66.44 +0.00 (-4.99%)
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Volume Profile
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Liquidity & share structure
Average Volume
370.3K
Beta
0.68
Float Shares
291.84M
Free Float %
71.5%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-5.00% -5.00% -18.54% -29.10% -61.36% -61.06% -79.11% -54.11% -5.76% -88.17% -53.67%
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
66.44
DCF (Unlevered) 135.01 +103.2%
DCF (Levered) 193.22 +190.8%

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.

Quality scores
Altman Z-Score
0.04
Distress
Piotroski F-Score
4 / 9
Average
MOAT Score
3 / 10
No MOAT
Composite Rating
B-
Overall Score
2 / 5
Medium
DCF Score
5 / 5
High
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
5 / 5
High
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Regulated Electric: +9.0%
    -13.4% Q1'26: -2.6% (vs Q1'25)
  • EPS growth Regulated Electric: +12.7%
    -40.8% Q1'26: -73.3% (vs Q1'25)
  • FCF margin FCF growth · Regulated Electric: +35.5%
    -34.0% Q1'26: +31.4% (vs Q1'25)
  • EBIT margin Regulated Electric: +19.9%
    -2.3% Q1'26: +37.6% (vs Q1'25)
  • ROIC Regulated Electric: +4.4%
    -1.5% Q1'26: +19.0% (vs Q1'25)
  • Share dilution Regulated Electric: +0.0%
    -0.7% Q1'26: -21.6% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Regulated Electric: 4.23×
    4.92× Q1'26: -1.71× (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 (2.61) × ERP
WACC = 35% × Ke + 65% × Kd (33.6%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 135.10 Current price: 66.44
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 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
Revenue
29.35B
est.
29.01B
est.
34.07B
est: 35.14B (-3.1%)
41.40B
est: 35.81B (+15.6%)
40.29B
est: 41.22B (-2.3%)
68.49B
est: 49.74B (+37.7%)
83.43B
est: 65.41B (+27.5%)
126.32B
est: 96.99B (+30.2%)
146.29B
est: 137.16B (+6.7%)
152.20B
est: 146.31B (+4.0%)
235.02B
est: 219.42B (+7.1%)
223.75B
est: 218.51B (+2.4%)
190.34B
est: 187.58B (+1.5%)
183.17B
est: 103.99B (+76.1%)
262.17B
est: 108.16B (+142.4%)
244.83B
est: 197.27B (+24.1%)
178.85B
est: 271.86B (-34.2%)
191.74B
est: 190.19B (+0.8%)
188.74B
est: 223.60B (-15.6%)
167.05B
est: 257.88B (-35.2%)
EBITDA
5.51B
est.
3.96B
est.
8.06B
est: 4.07B (+98.0%)
10.09B
est: 6.49B (+55.6%)
12.92B
est: 8.99B (+43.6%)
14.76B
est: 11.32B (+30.4%)
19.46B
est: 18.83B (+3.3%)
21.07B
est: 24.70B (-14.7%)
23.45B
est: 21.51B (+9.0%)
24.88B
est: 20.73B (+20.0%)
35.18B
est: 28.31B (+24.3%)
30.24B
est: 22.23B (+36.1%)
29.11B
est: 27.88B (+4.4%)
45.82B
est: 19.62B (+133.6%)
53.96B
est: 12.89B (+318.5%)
49.00B
est: 9.84B (+397.8%)
38.12B
est: -3.70B (+1,130.7%)
44.51B
est: 41.89B (+6.2%)
36.88B
est: 49.25B (-25.1%)
61.20B
est: 56.80B (+7.7%)
EBIT
3.69B
est.
2.70B
est.
4.87B
est: 1.75B (+179.2%)
6.63B
est: 3.03B (+118.8%)
9.47B
est: 2.90B (+226.9%)
11.73B
est: 4.81B (+143.6%)
16.38B
est: 3.43B (+377.5%)
17.77B
est: 3.93B (+352.5%)
18.73B
est: 6.94B (+169.7%)
20.01B
est: 8.04B (+148.8%)
31.15B
est: 15.84B (+96.7%)
24.73B
est: 24.11B (+2.5%)
23.76B
est: 20.73B (+14.7%)
37.49B
est: 22.58B (+66.0%)
38.58B
est: 15.80B (+144.2%)
32.20B
est: 44.01B (-26.8%)
25.67B
est: 42.19B (-39.2%)
31.66B
est: 28.79B (+10.0%)
23.14B
est: 33.85B (-31.6%)
47.86B
est: 39.04B (+22.6%)
Net Income
3.60B
est.
2.44B
est.
3.67B
est: 1.97B (+86.7%)
6.26B
est: 3.57B (+75.0%)
8.32B
est: 5.99B (+38.9%)
8.34B
est: 7.85B (+6.3%)
11.78B
est: 10.97B (+7.4%)
13.53B
est: 17.47B (-22.5%)
15.19B
est: 19.14B (-20.6%)
15.52B
est: 16.21B (-4.3%)
15.87B
est: 23.43B (-32.3%)
22.47B
est: 15.80B (+42.2%)
19.14B
est: 19.29B (-0.8%)
18.00B
est: 19.02B (-5.4%)
7.60B
est: 13.55B (-43.9%)
14.25B
est: 8.32B (+71.2%)
12.56B
est: 12.98B (-3.3%)
-24.27B
est: 23.14B (-204.9%)
7.71B
est: 29.95B (-74.3%)
11.25B
est: 36.95B (-69.5%)
SGA
8.53B
est.
8.41B
est.
4.83B
est: 8.78B (-45.0%)
1.40B
est: 10.41B (-86.6%)
1.95B
est: 20.74B (-90.6%)
33.00B
est: 16.73B (+97.2%)
est: 38.77B (-100.0%)
38.69B
est: 37.59B (+2.9%)
15.12B
est: 53.79B (-71.9%)
4.32B
est: 50.94B (-91.5%)
1.30B
est: 69.20B (-98.1%)
13.76B
est: 16.99B (-19.0%)
13.25B
est: 16.37B (-19.0%)
est: 21.16B (-100.0%)
17.74B
est: 17.87B (-0.7%)
17.50B
est: 31.54B (-44.5%)
12.09B
est: 27.04B (-55.3%)
10.98B
est: 10.59B (+3.7%)
10.52B
est: 12.45B (-15.5%)
11.04B
est: 14.36B (-23.1%)
EPS
26.14
est.
20.69
est.
25.86
est: 24.12 (+7.2%)
28.06
est: 28.41 (-1.2%)
32.70
est: 33.34 (-1.9%)
38.74
est: 34.37 (+12.7%)
50.89
est: 42.95 (+18.5%)
58.75
est: 53.74 (+9.3%)
67.43
est: 59.85 (+12.7%)
62.05
est: 55.38 (+12.0%)
60.05
est: 65.24 (-8.0%)
85.43
est: 67.69 (+26.2%)
72.77
est: 66.51 (+9.4%)
72.93
est: 55.98 (+30.3%)
40.81
est: 54.49 (-25.1%)
54.33
est: 63.70 (-14.7%)
16.26
est: 63.30 (-74.3%)
-242.65
est: 56.55 (-529.1%)
29.32
est: 73.21 (-60.0%)
42.79
est: 90.30 (-52.6%)
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-25 B- 2/5 5/5 1/5 1/5 1/5 5/5 1/5
2026-05-18 B- 2/5 5/5 1/5 1/5 1/5 5/5 1/5
2026-05-11 B- 2/5 5/5 1/5 1/5 1/5 5/5 1/5
2026-05-04 B- 2/5 5/5 1/5 1/5 1/5 5/5 1/5
2026-04-27 B- 2/5 5/5 1/5 1/5 1/5 5/5 1/5
2026-04-20 B- 2/5 5/5 1/5 1/5 1/5 5/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
95.70M
OE per share TTM
-5.93
Owner's Yield
0.37%
Maintenance CapEx ratio
27.15%
Maint CapEx / Avg PPE
50.7%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 13 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Vanguard FTSE All-World ex-US Small-Cap ETF VSS 0.01% 791.0K 0.06%
2 Vanguard FTSE Emerging Markets Shares ETF VGE.AX 0.00% 23.6K 0.48%
3 Vanguard FTSE Emerging Markets All Cap Index ETF VEE.TO 0.00% 53.3K 0.26%
4 Vanguard FTSE Emerging Markets ETF VWO 0.00% 2.63M 0.06%
5 Vanguard Total International Stock ETF VXUS 0.00% 2.91M 0.05%
6 Vanguard FTSE Global All Cap ex Canada Index ETF VXC.TO 0.00% 4.2K 0.22%
7 Vanguard Total World Stock ETF VT 0.00% 129.7K 0.06%
8 Vanguard All-Equity ETF Portfolio VEQT.TO 0.00% 12.7K 0.22%
9 Vanguard Growth ETF Portfolio VGRO.TO 0.00% 6.9K 0.22%
10 Vanguard Balanced ETF Portfolio VBAL.TO 0.00% 3.0K 0.22%

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
-1.00M
Shares Outstanding
408.18M

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
Asheesh Chaturvedi Finance Controller male
Ivan Saha Chief Executive Officer of Renewables Manufacturing Business male
Jaidip Chatterjee Chief Human Resource Officer male
Kaushik Patra Head of Internal Audit male
Paresh Purushotta Rathod Company Secretary & Compliance Officer male
Vijesh Babu Thota Chief Financial Officer & Executive Director 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