Reliance Industries Ltd.
NSE: RELIANCE · Oil Gas & Consumable Fuels
Ask the data
Instant answers about Reliance Industries Ltd. — computed from its filings, no language modelPrice & valuation
split & bonus adjusted · pick a metric and rangeAnnual performance
annual · ₹ crore · line = operating margin| FY19 | FY20 | FY21 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | 5,81,020 | 6,11,645 | 4,86,326 | 8,92,944 | 9,14,472 | 9,80,136 | 10,75,675 |
| EBITDA | 83,918 | 88,217 | 80,737 | 1,42,908 | 1,62,233 | 1,65,444 | 1,78,949 |
| Operating margin | 14.4% | 14.4% | 16.6% | 16.0% | 17.7% | 16.9% | 16.6% |
| Interest | 16,495 | 22,027 | 21,189 | 19,571 | 23,118 | 24,269 | 27,061 |
| Depreciation | 20,934 | 22,203 | 26,572 | 40,319 | 50,832 | 53,136 | 57,688 |
| Profit before tax | 55,124 | 53,499 | 54,945 | 94,844 | 1,04,340 | 1,06,017 | 1,23,162 |
| Tax | 15,390 | 13,726 | 1,722 | 20,713 | 25,707 | 25,230 | 27,552 |
| Net profit | 39,588 | 39,354 | 49,128 | 66,702 | 69,621 | 69,648 | 80,775 |
| EPS ₹ | 66.82 | 63.49 | 76.37 | 98.59 | 102.90 | 51.47 | 59.69 |
| Operating cash flow | — | — | — | 1,15,032 | 1,58,788 | 1,78,703 | 1,92,113 |
| Capex | — | — | — | 1,40,988 | 1,52,883 | 1,39,967 | 1,22,916 |
| Dividend paid | — | — | — | 5,083 | 6,089 | 7,180 | 7,879 |
| Total assets | 10,02,406 | 11,65,915 | 13,21,212 | 17,13,506 | 17,55,986 | 19,50,121 | 21,78,140 |
| Equity | 3,87,112 | 4,49,166 | 7,00,172 | 8,21,153 | 7,93,481 | 8,43,200 | 9,04,030 |
Quarterly performance
last 33 quarters · ₹ crore| JUN '18 | SEP '18 | DEC '18 | MAR '19 | JUN '19 | SEP '19 | DEC '19 | MAR '20 | JUN '20 | SEP '20 | DEC '20 | MAR '21 | JUN '21 | SEP '21 | DEC '21 | JUN '22 | SEP '22 | DEC '22 | MAR '23 | JUN '23 | SEP '23 | DEC '23 | MAR '24 | JUN '24 | SEP '24 | DEC '24 | MAR '25 | JUN '25 | SEP '25 | DEC '25 | MAR '26 | JUN '26 | SEP '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,33,069 | 1,46,018 | 1,60,299 | 1,41,634 | 1,61,349 | 1,52,149 | 1,56,802 | 1,39,283 | 91,238 | 1,16,195 | 1,23,997 | 1,54,896 | 1,44,372 | 1,74,104 | 1,91,271 | 2,23,113 | 2,32,863 | 2,20,592 | 2,16,376 | 2,10,831 | 2,34,956 | 2,27,970 | 2,40,715 | 2,36,217 | 2,35,481 | 2,43,865 | 2,64,573 | 2,48,660 | 2,58,898 | 2,69,496 | 2,98,621 | 3,11,850 | 3,32,861 |
| Operating profit | 20,661 | 21,108 | 21,317 | 20,832 | 21,315 | 22,152 | 22,386 | 21,782 | 16,875 | 18,945 | 21,566 | 23,351 | 23,368 | 26,020 | 29,706 | 37,997 | 31,224 | 35,247 | 38,440 | 38,093 | 40,968 | 40,656 | 42,516 | 38,765 | 39,058 | 43,789 | 43,832 | 42,905 | 45,885 | 46,018 | 44,141 | 47,517 | 56,616 |
| Operating margin | 15.5% | 14.5% | 13.3% | 14.7% | 13.2% | 14.6% | 14.3% | 15.6% | 18.5% | 16.3% | 17.4% | 15.1% | 16.2% | 14.9% | 15.5% | 17.0% | 13.4% | 16.0% | 17.8% | 18.1% | 17.4% | 17.8% | 17.7% | 16.4% | 16.6% | 18.0% | 16.6% | 17.3% | 17.7% | 17.1% | 14.8% | 15.2% | 17.0% |
| Other income | 1,778 | 1,250 | 2,460 | 3,147 | 3,146 | 3,614 | 3,645 | 4,133 | 4,388 | 4,249 | 4,453 | 3,237 | 4,219 | 4,224 | 4,047 | 2,247 | 3,514 | 3,147 | 2,918 | 3,813 | 3,841 | 3,869 | 4,534 | 3,983 | 4,876 | 4,214 | 4,905 | 15,119 | 4,482 | 4,914 | 4,447 | 6,550 | 5,793 |
| Interest | 3,550 | 3,932 | 4,119 | 4,894 | 5,109 | 5,450 | 5,404 | 6,064 | 6,735 | 6,084 | 4,326 | 4,044 | 3,397 | 3,819 | 3,812 | 3,997 | 4,554 | 5,201 | 5,819 | 5,837 | 5,731 | 5,789 | 5,761 | 5,918 | 6,017 | 6,179 | 6,155 | 7,036 | 6,827 | 6,613 | 6,585 | 8,337 | 8,481 |
| Depreciation | 5,173 | 5,229 | 5,237 | 5,295 | 5,011 | 5,315 | 5,545 | 6,332 | 6,308 | 6,626 | 6,665 | 6,973 | 6,883 | 7,230 | 7,683 | 8,946 | 9,730 | 10,187 | 11,456 | 11,775 | 12,585 | 12,903 | 13,569 | 13,596 | 12,880 | 13,181 | 13,479 | 13,842 | 14,416 | 14,622 | 14,808 | 15,100 | 15,315 |
| Profit before tax | 13,716 | 13,197 | 14,421 | 13,790 | 14,341 | 15,001 | 14,905 | 9,252 | 13,186 | 10,484 | 14,907 | 16,368 | 17,307 | 19,195 | 25,094 | 27,301 | 20,454 | 23,006 | 24,083 | 24,294 | 26,493 | 25,833 | 27,720 | 23,234 | 25,037 | 28,643 | 29,103 | 37,146 | 29,124 | 29,697 | 27,195 | 30,630 | 38,613 |
| Tax | 4,241 | 3,649 | 4,069 | 3,431 | 4,225 | 3,703 | 3,121 | 2,677 | 260 | -13 | 88 | 1,387 | 3,464 | 3,755 | 4,688 | 7,793 | 4,867 | 5,266 | 2,787 | 6,112 | 6,673 | 6,345 | 6,577 | 5,786 | 5,936 | 6,839 | 6,669 | 6,465 | 6,978 | 7,530 | 6,579 | 7,629 | 9,363 |
| Net profit | 9,459 | 9,516 | 10,251 | 10,362 | 10,104 | 11,262 | 11,640 | 6,348 | 13,233 | 9,567 | 13,101 | 13,227 | 12,273 | 13,680 | 18,549 | 17,955 | 13,656 | 15,792 | 19,299 | 16,011 | 17,394 | 17,265 | 18,951 | 15,138 | 16,563 | 18,540 | 19,407 | 26,994 | 18,165 | 18,645 | 16,971 | 20,946 | 25,548 |
| EPS ₹ | 15.97 | 16.06 | 17.30 | 17.49 | 17.05 | 18.59 | 18.36 | 10.01 | 20.69 | 14.84 | 20.33 | 20.52 | 18.96 | 20.88 | 28.08 | 26.54 | 20.18 | 23.34 | 28.52 | 23.66 | 25.71 | 25.52 | 28.01 | 22.37 | 24.48 | 13.70 | 14.34 | 19.95 | 13.42 | 13.78 | 12.54 | 15.48 | 18.88 |
| Revenue YoY | — | — | — | — | 21.3% | 4.2% | -2.2% | -1.7% | -43.5% | -23.6% | -20.9% | 11.2% | 58.2% | 49.8% | 54.3% | 54.5% | 33.7% | 15.3% | — | -5.5% | 0.9% | 3.3% | 11.2% | 12.0% | 0.2% | 7.0% | 9.9% | 5.3% | 9.9% | 10.5% | 12.9% | 25.4% | 28.6% |
| Profit YoY | — | — | — | — | 6.8% | 18.3% | 13.5% | -38.7% | 31.0% | -15.1% | 12.6% | 108.4% | -7.3% | 43.0% | 41.6% | 46.3% | -0.2% | -14.9% | — | -10.8% | 27.4% | 9.3% | -1.8% | -5.5% | -4.8% | 7.4% | 2.4% | 78.3% | 9.7% | 0.6% | -12.6% | -22.4% | 40.6% |
Earlier results (standalone, Sep '07 – Mar '18)
₹ crore · from BSE, before the NSE XBRL filings beginReliance Industries Ltd. reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.
Full years
| FY09† | FY10† | FY11† | FY12† | FY13† | FY14† | FY15† | FY16† | FY17† | FY18† | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,46,291 | 1,93,329 | 2,48,170 | 3,29,904 | 3,60,294 | 3,90,117 | 3,29,076 | 2,33,158 | 2,59,044 | 3,05,335 |
| Operating profit | 23,395 | 30,118 | 38,126 | 33,618 | 30,650 | 30,877 | 31,602 | 40,139 | 40,612 | 51,741 |
| Operating margin | 16.0% | 15.6% | 15.4% | 10.2% | 8.5% | 7.9% | 9.6% | 17.2% | 15.7% | 16.9% |
| Other income | 2,033 | 2,453 | 3,052 | 6,192 | 7,999 | 8,936 | 8,721 | 7,582 | 8,709 | 8,220 |
| Interest | 1,692 | 1,882 | 2,328 | 2,667 | 3,036 | 3,206 | 2,367 | 2,454 | — | 4,656 |
| Depreciation | 5,059 | 10,247 | 13,608 | 11,393 | 9,407 | 8,789 | 8,488 | 9,566 | — | 9,580 |
| Profit before tax | 18,307 | 20,442 | 25,242 | 25,750 | 26,206 | 27,818 | 29,468 | 35,701 | 40,777 | 45,725 |
| Tax | 3,028 | 4,236 | 4,956 | 5,710 | 5,266 | 5,834 | 6,749 | 8,284 | 9,352 | 12,113 |
| Net profit | 15,279 | 16,206 | 20,286 | 20,040 | 20,940 | 21,984 | 22,719 | 27,417 | 31,425 | 33,612 |
Quarters
| SEP '07† | DEC '07† | MAR '08† | JUN '08† | SEP '08† | DEC '08† | MAR '09† | JUN '09† | SEP '09† | DEC '09† | MAR '10† | JUN '10† | SEP '10† | DEC '10† | MAR '11† | JUN '11† | SEP '11† | DEC '11† | MAR '12† | JUN '12† | SEP '12† | DEC '12† | MAR '13† | JUN '13† | SEP '13† | DEC '13† | MAR '14† | JUN '14† | SEP '14† | DEC '14† | MAR '15† | JUN '15† | SEP '15† | DEC '15† | MAR '16† | JUN '16† | SEP '16† | DEC '16† | MAR '17† | JUN '17† | SEP '17† | DEC '17† | MAR '18† | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 32,043 | 34,590 | 37,286 | 41,579 | 44,787 | 31,563 | 28,362 | 32,055 | 46,848 | 56,856 | 57,570 | 58,228 | 57,479 | 59,789 | 72,674 | 81,018 | 78,569 | 85,135 | 85,182 | 91,875 | 90,335 | 93,886 | 84,198 | 87,645 | 1,03,758 | 1,03,521 | 95,193 | 96,351 | 96,486 | 80,196 | 56,043 | 65,817 | 60,817 | 56,567 | 49,957 | 53,496 | 64,344 | 66,606 | 74,598 | 70,434 | 71,761 | 75,913 | 87,227 |
| Operating profit | 5,781 | 5,833 | 6,018 | 6,121 | 6,474 | 5,363 | 5,437 | 5,921 | 7,217 | 7,844 | 9,136 | 9,342 | 9,396 | 9,545 | 9,843 | 9,926 | 9,844 | 7,285 | 6,563 | 6,747 | 7,705 | 8,373 | 7,825 | 7,075 | 7,849 | 7,622 | 8,331 | 7,530 | 8,235 | 7,208 | 8,629 | 9,307 | 9,833 | 10,272 | 10,727 | 10,817 | 10,555 | 10,604 | 8,636 | 11,589 | 12,983 | 13,744 | 13,425 |
| Operating margin | 18.0% | 16.9% | 16.1% | 14.7% | 14.5% | 17.0% | 19.2% | 18.5% | 15.4% | 13.8% | 15.9% | 16.0% | 16.3% | 16.0% | 13.5% | 12.3% | 12.5% | 8.6% | 7.7% | 7.3% | 8.5% | 8.9% | 9.3% | 8.1% | 7.6% | 7.4% | 8.8% | 7.8% | 8.5% | 9.0% | 15.4% | 14.1% | 16.2% | 18.2% | 21.5% | 20.2% | 16.4% | 15.9% | 11.6% | 16.5% | 18.1% | 18.1% | 15.4% |
| Other income | 168 | 241 | 289 | 226 | 151 | 663 | 993 | 702 | 628 | 508 | 615 | 722 | 672 | 741 | 917 | 1,078 | 1,102 | 1,717 | 2,295 | 1,904 | 2,112 | 1,740 | 2,243 | 2,535 | 2,060 | 2,305 | 2,036 | 2,046 | 2,140 | 2,402 | 2,133 | 1,818 | 1,617 | 2,289 | 1,858 | 2,033 | 2,280 | 3,025 | 1,371 | 1,918 | 2,057 | 1,624 | 2,621 |
| Interest | 257 | 253 | 272 | 294 | 437 | 484 | 477 | 345 | 462 | 550 | 525 | 541 | 542 | 549 | 696 | 545 | 660 | 694 | 768 | 784 | 737 | 806 | 709 | 810 | 805 | 792 | 799 | 324 | 758 | 881 | 404 | 597 | 694 | 609 | 554 | 924 | 633 | 931 | — | 788 | 1,314 | 1,094 | 1,460 |
| Depreciation | 1,129 | 1,213 | 1,380 | 1,151 | 1,264 | 1,317 | 1,327 | 1,628 | 2,432 | 2,795 | 3,392 | 3,485 | 3,377 | 3,359 | 3,387 | 3,195 | 2,969 | 2,570 | 2,659 | 2,434 | 2,277 | 2,457 | 2,239 | 2,138 | 2,233 | 2,143 | 2,275 | 2,024 | 2,227 | 2,105 | 2,132 | 2,265 | 2,372 | 2,405 | 2,524 | 1,950 | 2,029 | 2,077 | — | 2,158 | 2,268 | 2,475 | 2,679 |
| Profit before tax | 4,563 | 9,341 | 4,655 | 4,902 | 4,924 | 4,225 | 4,256 | 4,650 | 4,951 | 5,007 | 5,834 | 6,038 | 6,149 | 6,378 | 6,677 | 7,264 | 7,317 | 5,738 | 5,431 | 5,433 | 6,803 | 6,850 | 7,120 | 6,662 | 6,871 | 6,992 | 7,293 | 7,228 | 7,390 | 6,624 | 8,226 | 8,263 | 8,384 | 9,547 | 9,507 | 9,976 | 10,173 | 10,621 | 10,007 | 10,561 | 11,458 | 11,799 | 11,907 |
| Tax | 726 | 1,262 | 743 | 792 | 802 | 724 | 710 | 1,014 | 1,099 | 999 | 1,124 | 1,187 | 1,226 | 1,242 | 1,301 | 1,603 | 1,614 | 1,298 | 1,195 | 960 | 1,427 | 1,348 | 1,531 | 1,310 | 1,381 | 1,481 | 1,662 | 1,579 | 1,648 | 1,539 | 1,983 | 1,945 | 1,823 | 2,329 | 2,187 | 2,428 | 2,469 | 2,599 | 1,856 | 2,365 | 3,193 | 3,345 | 3,210 |
| Net profit | 3,837 | 8,079 | 3,912 | 4,110 | 4,122 | 3,501 | 3,546 | 3,636 | 3,852 | 4,008 | 4,710 | 4,851 | 4,923 | 5,136 | 5,376 | 5,661 | 5,703 | 4,440 | 4,236 | 4,473 | 5,376 | 5,502 | 5,589 | 5,352 | 5,490 | 5,511 | 5,631 | 5,649 | 5,742 | 5,085 | 6,243 | 6,318 | 6,561 | 7,218 | 7,320 | 7,548 | 7,704 | 8,022 | 8,151 | 8,196 | 8,265 | 8,454 | 8,697 |
| EPS ₹ | 26.40 | 55.60 | 26.90 | 28.30 | 28.40 | 23.50 | 23.40 | 23.10 | 23.40 | 12.30 | 14.40 | 14.80 | 15.10 | 15.70 | 16.40 | 17.30 | 17.40 | 13.60 | 12.90 | 13.70 | 16.60 | 17.00 | 17.30 | 16.60 | 17.00 | 17.10 | 17.40 | 17.50 | 17.70 | 15.70 | 19.30 | 19.50 | 20.30 | 22.30 | 22.60 | 23.30 | 23.80 | 24.70 | 25.13 | 25.21 | 13.03 | 13.40 | 13.73 |
| Revenue YoY | — | — | — | — | 39.8% | -8.8% | -23.9% | -22.9% | 4.6% | 80.1% | 103.0% | 81.7% | 22.7% | 5.2% | 26.2% | 39.1% | 36.7% | 42.4% | 17.2% | 13.4% | 15.0% | 10.3% | -1.2% | -4.6% | 14.9% | 10.3% | 13.1% | 9.9% | -7.0% | -22.5% | -41.1% | -31.7% | -37.0% | -29.5% | -10.9% | -18.7% | 5.8% | 17.7% | 49.3% | 31.7% | 11.5% | 14.0% | 16.9% |
| Profit YoY | — | — | — | — | 7.4% | -56.7% | -9.4% | -11.5% | -6.6% | 14.5% | 32.8% | 33.4% | 27.8% | 28.1% | 14.1% | 16.7% | 15.8% | -13.6% | -21.2% | -21.0% | -5.7% | 23.9% | 31.9% | 19.7% | 2.1% | 0.2% | 0.8% | 5.5% | 4.6% | -7.7% | 10.9% | 11.8% | 14.3% | 41.9% | 17.3% | 19.5% | 17.4% | 11.1% | 11.3% | 8.6% | 7.3% | 5.4% | 6.7% |
Returns & margins
trailing-twelve-month, per quarter| MAR '19 | JUN '19 | SEP '19 | DEC '19 | MAR '20 | JUN '20 | SEP '20 | DEC '20 | MAR '21 | JUN '21 | SEP '21 | DEC '21 | MAR '23 | JUN '23 | SEP '23 | DEC '23 | MAR '24 | JUN '24 | SEP '24 | DEC '24 | MAR '25 | JUN '25 | SEP '25 | DEC '25 | MAR '26 | JUN '26 | SEP '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 10.2% | 10.4% | 10.8% | 11.2% | 8.8% | 9.5% | 9.1% | 9.4% | 7.0% | 6.9% | 7.5% | 8.2% | 8.1% | 7.9% | 9.1% | 9.3% | 8.8% | 8.7% | 8.3% | 8.4% | 8.3% | 9.7% | 9.5% | 9.5% | 8.9% | 8.3% | 8.7% |
| ROCE | 10.9% | 11.2% | 11.7% | 12.0% | 10.2% | 10.3% | 9.7% | 9.6% | 8.0% | 8.1% | 8.8% | 9.8% | 10.1% | 10.0% | 11.5% | 11.8% | 11.4% | 11.3% | 10.8% | 11.1% | 10.9% | 12.2% | 12.3% | 12.4% | 11.8% | 11.3% | 11.7% |
| Net margin | 6.8% | 6.6% | 6.8% | 7.1% | 6.5% | 7.9% | 8.1% | 9.0% | 10.1% | 8.9% | 8.8% | 8.7% | 7.5% | 7.4% | 7.8% | 7.9% | 7.6% | 7.3% | 7.2% | 7.2% | 7.1% | 8.2% | 8.2% | 8.0% | 7.5% | 6.6% | 6.8% |
| EBITDA margin | 14.4% | 13.9% | 13.9% | 14.2% | 14.4% | 15.4% | 15.9% | 16.8% | 16.6% | 16.2% | 15.8% | 15.4% | 16.0% | 16.2% | 17.3% | 17.8% | 17.7% | 17.3% | 17.1% | 17.2% | 16.9% | 17.1% | 17.4% | 17.2% | 16.6% | 16.1% | 16.0% |
| Debt / equity | 0.70 | 0.70 | 0.70 | 0.70 | 0.65 | 0.65 | 0.65 | 0.65 | 0.36 | 0.36 | 0.36 | 0.36 | 0.38 | 0.38 | 0.39 | 0.39 | 0.41 | 0.41 | 0.41 | 0.41 | 0.41 | 0.41 | 0.40 | 0.40 | 0.41 | 0.41 | 0.41 |
| Interest coverage | 4.34 | 4.09 | 3.94 | 3.78 | 3.43 | 3.21 | 2.97 | 3.06 | 3.59 | 4.31 | 5.35 | 6.17 | 5.85 | 5.29 | 5.33 | 5.35 | 5.51 | 5.45 | 5.34 | 5.38 | 5.37 | 5.72 | 5.73 | 5.70 | 5.55 | 5.11 | 5.20 |
| Asset turnover | 0.58 | 0.61 | 0.61 | 0.61 | 0.52 | 0.46 | 0.43 | 0.40 | 0.37 | 0.41 | 0.45 | 0.50 | 0.52 | 0.51 | 0.52 | 0.53 | 0.52 | 0.54 | 0.52 | 0.53 | 0.50 | 0.51 | 0.50 | 0.51 | 0.49 | 0.52 | 0.53 |
Balance sheet
equity vs borrowings over time · ₹ crore| MAR '14‡ | MAR '15‡ | MAR '16‡ | MAR '17‡ | MAR '18‡ | MAR '19‡ | MAR '20‡ | MAR '21‡ | MAR '22‡ | SEP '22 | MAR '23 | SEP '23 | MAR '24 | SEP '24 | MAR '25 | SEP '25 | MAR '26 | SEP '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Share capital | 2,940 | 2,943 | 2,948 | 2,959 | 5,922 | 5,926 | 6,339 | 6,445 | 6,765 | 6,766 | 6,766 | 6,766 | 6,766 | 6,766 | 13,532 | 13,532 | 13,532 | 13,533 |
| Other equity / reserves | 1,95,730 | 2,12,501 | 2,28,608 | 2,60,750 | 2,87,584 | 3,81,186 | 4,42,827 | 6,93,727 | 7,72,720 | 7,83,283 | 8,14,387 | 7,44,456 | 7,86,715 | 8,12,687 | 8,29,668 | 8,63,748 | 8,90,498 | 9,30,871 |
| Total equity | 1,98,670 | 2,15,444 | 2,31,556 | 2,63,709 | 2,93,506 | 3,87,112 | 4,49,166 | 7,00,172 | 7,79,485 | 7,90,049 | 8,21,153 | 7,51,222 | 7,93,481 | 8,19,453 | 8,43,200 | 8,77,280 | 9,04,030 | 9,44,404 |
| Borrowings | 1,33,808 | 1,48,742 | 1,65,192 | 1,83,676 | 1,81,604 | 2,71,942 | 2,91,417 | 2,51,811 | 2,66,305 | 2,94,859 | 3,14,708 | 2,95,687 | 3,24,622 | 3,36,337 | 3,47,530 | 3,48,230 | 3,74,421 | 3,84,952 |
| Current liabilities | 1,15,156 | 1,38,553 | 1,85,154 | 2,35,317 | 3,13,852 | — | 4,12,916 | 2,77,568 | 3,08,662 | 3,46,988 | 3,96,534 | 3,77,513 | 3,97,367 | 4,42,760 | 4,53,737 | 4,65,294 | 5,41,254 | 5,59,764 |
| Non-current liabilities | 1,14,041 | 1,44,396 | 1,78,931 | 2,04,859 | 2,05,451 | — | 2,91,652 | 2,44,212 | 3,02,019 | 3,76,171 | 3,82,810 | 4,27,427 | 4,32,831 | 4,18,039 | 4,86,758 | 5,22,925 | 5,51,020 | 5,82,621 |
| Total assets | 4,28,843 | 5,04,486 | 5,98,997 | 7,06,802 | 8,16,348 | 10,02,406 | 11,65,915 | 13,21,212 | 14,99,665 | 16,25,924 | 17,13,506 | 16,82,215 | 17,55,986 | 18,15,123 | 19,50,121 | 20,38,946 | 21,78,140 | 22,75,033 |
| Property, plant & equipment | 97,200 | 99,198 | 1,57,825 | 1,68,822 | 3,16,031 | 3,02,115 | 4,35,920 | 4,51,066 | 5,00,454 | 5,20,573 | 5,70,543 | 5,75,242 | 6,06,084 | 6,02,246 | 6,83,102 | 6,86,377 | 7,51,087 | 7,53,638 |
| Capital work-in-progress | 48,646 | 1,06,256 | 1,70,397 | 2,48,929 | 1,66,220 | 1,50,178 | 59,096 | 71,171 | 68,052 | 82,199 | 1,17,259 | 1,61,344 | 1,52,382 | 1,98,873 | 1,69,710 | 2,17,097 | 1,92,287 | 2,33,176 |
| Investments | 60,602 | 76,451 | 84,015 | 78,390 | 82,862 | 2,35,635 | 2,76,767 | 3,64,828 | 3,94,264 | 3,45,113 | 3,36,633 | 2,15,456 | 2,25,672 | 2,44,559 | 2,42,381 | 2,56,335 | 2,48,332 | 2,36,106 |
| Inventories | 56,720 | 53,248 | 46,486 | 53,460 | 60,837 | 67,561 | 73,903 | 81,672 | 1,07,778 | 1,32,817 | 1,40,008 | 1,46,258 | 1,52,770 | 1,60,950 | 1,46,062 | 1,61,508 | 1,66,941 | 1,85,480 |
| Receivables | 9,411 | 5,315 | 4,465 | 8,177 | 17,555 | 30,089 | 19,656 | 19,014 | 23,640 | 25,836 | 28,451 | 36,936 | 31,628 | 30,121 | 42,121 | 44,903 | 58,491 | 59,564 |
| Cash & equivalents | 37,984 | 12,545 | 11,028 | 3,023 | 4,255 | 11,081 | 30,920 | 17,397 | 36,178 | 48,258 | 74,708 | 68,827 | 97,225 | 90,353 | 1,06,502 | 1,11,500 | 1,45,977 | 1,81,723 |
Cash flow
annual · ₹ crore · line = free cash flow| FY14‡ | FY15‡ | FY16‡ | FY17‡ | FY18‡ | FY19‡ | FY20‡ | FY21‡ | FY22‡ | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | 43,261 | 34,374 | 38,134 | 49,550 | 71,459 | 42,346 | 94,877 | 26,958 | 1,10,654 | 1,15,032 | 1,58,788 | 1,78,703 | 1,92,113 |
| Cash from investing | -73,070 | -64,898 | -36,190 | -66,292 | -68,290 | -95,128 | -72,520 | -1,42,409 | -1,10,103 | -91,235 | -1,14,301 | -1,37,535 | -1,01,089 |
| Cash from financing | 13,713 | 8,444 | -3,210 | 8,617 | -2,001 | 55,906 | -2,541 | 1,01,904 | 17,289 | 10,455 | -16,646 | -31,891 | -51,549 |
| Capex | 60,087 | 63,364 | 46,898 | 78,109 | 73,953 | 93,626 | 76,517 | — | — | 1,40,988 | 1,52,883 | 1,39,967 | 1,22,916 |
| Free cash flow | -16,826 | -28,990 | -8,764 | -28,559 | -2,494 | -51,280 | 18,360 | — | — | -25,956 | 5,905 | 38,736 | 69,197 |
| Dividends paid | 3,123 | 3,268 | 7,259 | 53 | 3,916 | 4,282 | 4,592 | 3,921 | 4,297 | 5,083 | 6,089 | 7,180 | 7,879 |
Where the assets sit
Sep '26 · ₹ crorePeer comparison
largest in Oil Gas & Consumable Fuels · this company in bold| Company | Market cap ₹cr | Price | P/E | P/B | ROE |
|---|---|---|---|---|---|
| Reliance Industries Ltd. | 17,86,356 | 1,320.00 | 21.8 | 1.89 | 8.7% |
| Oil & Natural Gas Corporation Ltd. | 2,91,561 | 231.76 | 5.9 | 0.73 | 12.4% |
| Coal India Ltd. | 2,46,509 | 400.00 | 7.4 | 1.93 | 26.2% |
| Indian Oil Corporation Ltd. | 2,06,523 | 146.25 | 4.4 | 0.89 | 20.3% |
| Bharat Petroleum Corporation Ltd. | 1,36,680 | 319.90 | 8.6 | 1.35 | 15.6% |
| GAIL (India) Ltd. | 1,22,159 | 185.79 | 9.7 | 1.26 | 13.1% |
| Hindustan Petroleum Corporation Ltd. | 82,379 | 387.15 | — | 1.56 | -4.9% |
| Oil India Ltd. | 72,205 | 443.90 | 8.6 | 1.24 | 14.4% |
| Adani Total Gas Ltd. | 63,282 | 575.40 | 98.6 | 12.22 | 12.4% |
| Petronet LNG Ltd. | 47,550 | 317.00 | 19.9 | 1.96 | 9.9% |
StoxGud checklist: Bearish setup · 3/10
- Price above 50-day average
- Price above 200-day average
- 50-day average above 200-day (uptrend)
- RSI in healthy 40–70 zone
- Positive 1-year return
- Return on equity above 15%
- Debt to equity below 1
- Revenue growing year on year
- Net profit margin above 10%
- P/E below industry median
A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.
Returns & technicals
Long-term financials (FY12–FY15)
from published annual reports| Year | Revenue | Profit before tax | Net profit |
|---|---|---|---|
| FY15 | ₹3,40,727 Cr | ₹29,468 Cr | ₹22,719 Cr |
| FY12 | ₹3,29,904 Cr | ₹25,750 Cr | ₹20,040 Cr |
Years before FY17 follow the older Indian GAAP standard, so they are not exactly comparable with recent years.
Compare Reliance Industries Ltd. with
FAQs
What is the share price of Reliance Industries Ltd.?
Reliance Industries Ltd. (RELIANCE) closed at ₹1,320.00 on NSE on 06 Nov 2026.
What is the market cap of Reliance Industries Ltd.?
₹17,86,356 crore at the latest close.
What is the P/E ratio of Reliance Industries Ltd.?
21.8, on trailing-twelve-month earnings from its filings.
How fast is Reliance Industries Ltd. growing?
Reliance Industries Ltd.: revenue has compounded at 6.4% a year over three years; net profit at 6.6% a year. Latest-quarter revenue is up 28.6% year on year, profit up 40.6%.
How profitable is Reliance Industries Ltd.?
On a trailing-twelve-month basis return on equity is 8.7%, return on capital employed 11.7%, operating margin 16.0%, net margin 6.8%.
How much debt does Reliance Industries Ltd. have?
Reliance Industries Ltd. is lightly geared: debt to equity is 0.41 with borrowings of ₹3,84,952 cr against cash of ₹1,81,723 cr (balance sheet of 2026-09-30). Operating profit covers interest 5.2 times.
Financials parsed from Reliance Industries Ltd.'s own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from JUN '18, annual from FY19, balance sheet from Mar '14. * = derived (full year or half year minus earlier quarters). ‡ = balance sheet / cash flow read from the company's published annual report (same basis), for years before the NSE filings carry them; each one checked to add up. Information only, not investment advice.