Quarterly Verdict
Heuristic from the Quality Scorecard + quarter-over-quarter trends. Not financial advice.
Valuation
Outside circle of competence — analyst targets only. Not financial advice.
Key Trends (6-yr)
Quality Scorecard
Compounder checklist (proxy metrics from yfinance). 6 of 7 criteria scored. Not financial advice.
Company Overview
Basic Information
Company Details
Business Description
Reliance Industries Limited engages in hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, advanced materials and composites, renewable, financial services, retail, and digital services worldwide. It operates through the Oil to Chemicals, Oil and Gas, Retail, Digital Services, and Others segments. The company is involved in refining and marketing products, including liquefied petroleum gas, propylene, naphtha, gasoline, jet/aviation turbine fuel, kerosine oil, diesel, sulfur, and petroleum coke. It also provides polymers comprising high-density and low-density polyethylene (PE), linear low-density PE, homopolymer, random and impact copolymer, and polyvinyl chloride; fiber intermediates that include purified terephthalic acid, and ethylene glycols and oxide; aromatics, such as paraxylene, ortho xylene, benzene, and linear alkyl benzene and paraffin; and textiles that consist of fabrics, apparel, and auto furnishings. In addition, the company offers elastomers, such as polybutadiene rubber, styrene butadiene rubber, and butyl rubber; fiber and yarn polyesters; and bioenergy solutions, including compressed biogas, and pellets and briquettes. Further, it engages in oil and gas exploration and production activities; operation of various stores comprising supermarkets, hypermarket, wholesale cash and carry, specialty, and online stores; operation of media and entertainment platforms, and Network18 and television channels; and publishing of magazines. Additionally, the company provides highway hospitality and fleet management services, as well as digital services, such as connectivity, fiber, mobile devices, apps, business, and other digital solutions. Reliance Industries Limited was founded in 1957 and is based in Mumbai, India.
Key Metrics
Price & Valuation
Profitability
Financial Health
Trading & Analyst Info
52-Week Range
Analyst Recommendations
Price History
Fundamental Trends
Financial Statements
Income Statement (Annual)
| Item | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 |
|---|---|---|---|---|---|
| Tax Effect Of Unusual Items | ₹6.33B | ₹3.34B | ₹4.07B | ₹-3.19B | N/A |
| Tax Rate For Calcs | ₹0.22 | ₹0.24 | ₹0.25 | ₹0.22 | N/A |
| Normalized EBITDA | ₹2.02T | ₹1.80T | ₹1.75T | ₹1.55T | N/A |
| Total Unusual Items | ₹28.30B | ₹14.03B | ₹16.56B | ₹-14.58B | N/A |
| Total Unusual Items Excluding Goodwill | ₹28.30B | ₹14.03B | ₹16.56B | ₹-14.58B | N/A |
| Net Income From Continuing Operation Net Minority Interest | ₹807.75B | ₹696.48B | ₹696.21B | ₹662.84B | N/A |
| Reconciled Depreciation | ₹576.88B | ₹531.36B | ₹508.32B | ₹403.03B | N/A |
| Reconciled Cost Of Revenue | ₹7.87T | ₹7.23T | ₹6.75T | ₹6.72T | N/A |
| EBITDA | ₹2.05T | ₹1.81T | ₹1.77T | ₹1.53T | N/A |
| EBIT | ₹1.47T | ₹1.28T | ₹1.26T | ₹1.13T | N/A |
| Net Interest Income | ₹-109.71B | ₹-100.01B | ₹-111.90B | ₹-78.42B | N/A |
| Interest Expense | ₹240.56B | ₹221.21B | ₹217.72B | ₹189.58B | N/A |
| Interest Income | ₹133.02B | ₹124.10B | ₹107.45B | ₹112.40B | N/A |
| Normalized Income | ₹785.78B | ₹685.79B | ₹683.72B | ₹674.23B | N/A |
| Net Income From Continuing And Discontinued Operation | ₹807.75B | ₹696.48B | ₹696.21B | ₹667.02B | N/A |
Showing 15 of 50 rows
Balance Sheet (Annual)
| Item | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 |
|---|---|---|---|---|
| Ordinary Shares Number | ₹13.53B | ₹13.53B | ₹13.53B | ₹13.53B |
| Share Issued | ₹13.53B | ₹13.53B | ₹13.53B | ₹13.53B |
| Net Debt | ₹2.37T | ₹2.47T | ₹2.31T | ₹2.80T |
| Total Debt | ₹3.98T | ₹3.70T | ₹3.46T | ₹3.34T |
| Tangible Book Value | ₹4.85T | ₹4.34T | ₹4.33T | ₹3.85T |
| Invested Capital | ₹12.78T | ₹11.91T | ₹11.18T | ₹10.30T |
| Working Capital | ₹529.95B | ₹455.33B | ₹727.33B | ₹295.53B |
| Net Tangible Assets | ₹4.85T | ₹4.34T | ₹4.33T | ₹3.85T |
| Capital Lease Obligations | ₹235.79B | ₹220.45B | ₹215.20B | ₹204.26B |
| Common Stock Equity | ₹9.04T | ₹8.43T | ₹7.93T | ₹7.16T |
| Total Capitalization | ₹11.75T | ₹10.80T | ₹10.16T | ₹8.99T |
| Total Equity Gross Minority Interest | ₹10.86T | ₹10.10T | ₹9.26T | ₹8.29T |
| Minority Interest | ₹1.82T | ₹1.66T | ₹1.32T | ₹1.13T |
| Stockholders Equity | ₹9.04T | ₹8.43T | ₹7.93T | ₹7.16T |
| Other Equity Interest | ₹6.73B | ₹7.90B | ₹7.80B | ₹6.46B |
Showing 15 of 77 rows
Cash Flow Statement (Annual)
| Item | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 |
|---|---|---|---|---|---|
| Free Cash Flow | ₹691.97B | ₹387.36B | ₹59.05B | ₹-259.56B | N/A |
| Repayment Of Debt | ₹-308.81B | ₹-317.55B | ₹-350.55B | ₹-290.59B | N/A |
| Issuance Of Debt | ₹388.71B | ₹263.78B | ₹696.10B | ₹359.36B | N/A |
| Issuance Of Capital Stock | ₹0.00 | ₹220.00M | ₹70.00M | ₹400.00M | N/A |
| Capital Expenditure | ₹-1.23T | ₹-1.40T | ₹-1.53T | ₹-1.41T | N/A |
| End Cash Position | ₹1.46T | ₹1.07T | ₹972.25B | ₹686.64B | N/A |
| Other Cash Adjustment Outside Changein Cash | N/A | N/A | ₹7.20B | ₹-17.66B | ₹9.41B |
| Beginning Cash Position | ₹1.07T | ₹972.25B | ₹686.64B | ₹361.78B | N/A |
| Changes In Cash | ₹394.75B | ₹92.77B | ₹285.61B | ₹342.52B | N/A |
| Financing Cash Flow | ₹-515.49B | ₹-318.91B | ₹-166.46B | ₹104.55B | N/A |
| Net Other Financing Charges | N/A | N/A | ₹198.30B | ₹4.79B | ₹4.50B |
| Interest Paid Cff | ₹-399.81B | ₹-410.24B | ₹-371.73B | ₹-216.50B | N/A |
| Cash Dividends Paid | ₹-74.43B | ₹-67.66B | ₹-60.89B | ₹-50.83B | N/A |
| Net Common Stock Issuance | ₹0.00 | ₹220.00M | ₹70.00M | ₹400.00M | N/A |
| Common Stock Issuance | ₹0.00 | ₹220.00M | ₹70.00M | ₹400.00M | N/A |
Showing 15 of 47 rows