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.
Reliance Industries Limited (RIL) is a major Indian conglomerate with significant operations across energy, petrochemicals, retail, and digital services.
Currently no data available for Key Growth Triggers.
Currently no data available for Order Book.
Currently no data available for Key Red Flags.
The Board Meeting for approving Q3 FY26 financial results was scheduled for January 16, 2026, with an analyst meet held on the same day. The audio recording of this meet is now available.
| S.No. | Name | Current Price (Rs.) | Price to Earning | Market Capitalization (Rs.Cr.) | Dividend yield (%) | Net Profit latest quarter (Rs.Cr.) | YOY Quarterly profit growth (%) | Sales latest quarter (Rs.Cr.) | YOY Quarterly sales growth (%) | Return on capital employed (%) | Sales (Rs.Cr.) | OPM (%) | Profit after tax (Rs.Cr.) | Profit after tax latest quarter (Rs.Cr.) | Price to book value | Return on assets (%) | Debt to equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Reliance Industr | 1456.90 | 50.40 | 1971545.43 | 0.38 | 9129.00 | 18.36 | 126335.00 | -2.90 | 7.57 | 500019.00 | 11.58 | 39102.62 | 9129.00 | 3.49 | 3.53 | 0.37 |
| 2. | I O C L | 161.45 | 9.34 | 227987.38 | 3.11 | 8190.86 | 1388.14 | 178628.15 | 2.09 | 7.36 | 760253.58 | 6.85 | 24391.08 | 7817.55 | 1.16 | 2.47 | 0.74 |
| 3. | B P C L | 362.95 | 7.30 | 157466.07 | 2.76 | 6191.49 | 168.30 | 104946.27 | 2.10 | 16.22 | 441893.80 | 7.84 | 21520.07 | 6313.56 | 1.70 | 6.46 | 0.56 |
| 4. | H P C L | 458.00 | 6.93 | 97454.32 | 2.33 | 3859.30 | 2605.05 | 100855.60 | 0.90 | 10.52 | 431921.70 | 5.93 | 13929.32 | 3859.30 | 1.68 | 3.57 | 1.11 |
| 5. | M R P L | 152.35 | 12.31 | 26700.86 | 0.00 | 1450.89 | 369.09 | 24711.65 | 12.99 | 4.38 | 89312.32 | 6.25 | 2178.22 | 1450.89 | 2.08 | 0.17 | 0.81 |
| 6. | C P C L | 856.90 | 10.97 | 12760.25 | 0.58 | 719.19 | 213.49 | 16327.34 | 35.09 | 4.30 | 61314.05 | 3.70 | 1169.80 | 719.19 | 1.45 | 1.21 | 0.22 |
| 7. | Rajasthan Securities | 39.79 | 6.00 | 305.88 | 0.00 | 34.24 | 0.00 | -0.49 | 8.22 | 94.77 | 50.92 | 34.24 | 3.93 | -0.48 | 0.26 |
Figures in Cr.
| Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Sales
|
1,37,346 | 1,25,849 | 1,29,674 | 1,22,627 | 1,37,380 | 1,27,695 | 1,46,832 | 1,29,898 | 1,30,108 | 1,24,381 | 1,32,962 | 1,16,341 | 1,26,335 |
|
YOY Sales Growth %
|
41.7% | 13.22% | 0.15% | -16.28% | 0.02% | 1.47% | 13.23% | 5.93% | -5.29% | -2.6% | -9.45% | -10.44% | -2.9% |
|
Expenses
|
1,25,561 | 1,10,950 | 1,10,542 | 1,05,134 | 1,18,189 | 1,10,137 | 1,26,809 | 1,15,583 | 1,16,683 | 1,09,168 | 1,17,846 | 1,03,171 | 1,11,946 |
|
Material Cost %
|
77% | 75% | 71% | 72% | 73% | 74% | 74% | 76% | 76% | 73% | 75% | 74% | 75% |
|
Employee Cost %
|
1% | 1% | 2% | 2% | 1% | 1% | 1% | 2% | 2% | 2% | 2% | 2% | 2% |
|
Operating Profit
|
11,785 | 14,899 | 19,132 | 17,493 | 19,191 | 17,558 | 20,023 | 14,315 | 13,425 | 15,213 | 15,116 | 13,170 | 14,389 |
|
OPM %
|
9% | 12% | 15% | 14% | 14% | 14% | 14% | 11% | 10% | 12% | 11% | 11% | 11% |
|
Other Income
|
3,499 | 2,689 | 2,750 | 2,728 | 2,934 | 2,969 | 3,497 | 3,502 | 3,801 | 3,214 | 5,577 | 13,460 | 3,445 |
|
Exceptional items
|
165 | 110 | 45 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,924 | 0 |
|
Other income normal
|
3,334 | 2,579 | 2,705 | 2,728 | 2,934 | 2,969 | 3,497 | 3,502 | 3,801 | 3,214 | 5,577 | 4,536 | 3,445 |
|
Interest
|
2,916 | 3,349 | 3,752 | 3,596 | 3,239 | 2,982 | 3,613 | 2,963 | 2,662 | 2,371 | 2,058 | 2,194 | 1,770 |
|
Depreciation
|
2,611 | 2,529 | 3,779 | 3,883 | 4,384 | 4,567 | 4,856 | 4,708 | 4,350 | 4,459 | 4,464 | 4,130 | 4,472 |
|
Profit before tax
|
9,757 | 11,710 | 14,351 | 12,742 | 14,502 | 12,978 | 15,051 | 10,146 | 10,214 | 11,597 | 14,171 | 20,306 | 11,592 |
|
Tax %
|
29% | 28% | 4% | 24% | 23% | 24% | 25% | 25% | 24% | 25% | 21% | 12% | 21% |
|
Net Profit
|
6,915 | 8,373 | 13,806 | 9,627 | 11,208 | 9,924 | 11,283 | 7,611 | 7,713 | 8,721 | 11,217 | 17,904 | 9,129 |
|
EPS in Rs
|
5.11 | 6.19 | 10.2 | 7.11 | 8.28 | 7.33 | 8.34 | 5.62 | 5.7 | 6.44 | 8.29 | 13.23 | 6.75 |
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Sales
|
3,89,178 | 3,28,013 | 2,31,743 | 2,40,597 | 2,89,188 | 3,70,744 | 3,36,097 | 2,45,050 | 4,22,413 | 5,37,909 | 5,31,908 | 5,15,425 | 5,00,019 |
|
Sales Growth %
|
— | — | — | — | — | — | — | — | — | — | — | — | — |
|
Expenses
|
3,58,244 | 2,96,377 | 1,92,359 | 1,97,272 | 2,37,430 | 3,11,853 | 2,83,073 | 2,11,542 | 3,70,007 | 4,71,050 | 4,57,488 | 4,57,292 | 4,42,131 |
|
Material Cost %
|
— | — | — | — | — | — | — | — | — | — | — | — | — |
|
Raw material cost
|
— | — | — | — | — | — | — | — | — | — | — | — | — |
|
Change in inventory
|
— | — | — | — | — | — | — | — | — | — | — | — | — |
|
Manufacturing Cost %
|
— | — | — | — | — | — | — | — | — | — | — | — | — |
|
Employee Cost %
|
— | — | — | — | — | — | — | — | — | — | — | — | — |
|
Other Cost %
|
— | — | — | — | — | — | — | — | — | — | — | — | — |
|
Operating Profit
|
30,934 | 31,636 | 39,384 | 43,325 | 51,758 | 58,891 | 53,024 | 33,508 | 52,406 | 66,859 | 74,420 | 58,133 | 57,888 |
|
OPM %
|
8% | 10% | 17% | 18% | 18% | 16% | 16% | 14% | 12% | 12% | 14% | 11% | 12% |
|
Other Income
|
8,879 | 8,687 | 7,784 | 8,640 | 8,203 | 8,785 | 9,125 | 19,114 | 13,779 | 12,247 | 11,973 | 16,030 | 25,696 |
|
Exceptional items
|
— | — | — | — | — | — | — | — | — | — | — | — | — |
|
Other income normal
|
— | — | — | — | — | — | — | — | — | — | — | — | — |
|
Interest
|
3,206 | 2,367 | 2,562 | 2,723 | 4,656 | 9,751 | 12,105 | 16,211 | 9,123 | 12,633 | 13,430 | 10,054 | 8,393 |
|
Depreciation
|
8,789 | 8,488 | 8,590 | 8,465 | 9,580 | 10,558 | 9,728 | 9,199 | 10,276 | 11,167 | 17,690 | 17,981 | 17,525 |
|
Profit before tax
|
27,818 | 29,468 | 36,016 | 40,777 | 45,725 | 47,367 | 40,316 | 27,212 | 46,786 | 55,306 | 55,273 | 46,128 | 57,666 |
|
Tax %
|
21% | 23% | 24% | 23% | 26% | 26% | 23% | -17% | 16% | 20% | 24% | 24% | — |
|
Net Profit
|
21,984 | 22,719 | 27,384 | 31,425 | 33,612 | 35,163 | 30,903 | 31,944 | 39,084 | 44,190 | 42,042 | 35,262 | 46,971 |
|
Exceptional items AT
|
— | — | — | — | — | — | — | — | — | — | — | — | — |
|
Profit excl Excep
|
— | — | — | — | — | — | — | — | — | — | — | — | — |
|
Profit for PE
|
— | — | — | — | — | — | — | — | — | — | — | — | — |
|
Profit for EPS
|
— | — | — | — | — | — | — | — | — | — | — | — | — |
|
EPS in Rs
|
15.94 | 16.46 | 19.81 | 22.65 | 24.87 | 26 | 22.85 | 25.19 | 28.89 | 32.66 | 31.07 | 26.06 | 34.71 |
|
Dividend Payout %
|
14% | 14% | 12% | 11% | 11% | 12% | 13% | 14% | 14% | 14% | 16% | 21% | — |
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Equity Capital
|
3,232 | 3,236 | 3,240 | 3,251 | 6,335 | 6,339 | 6,339 | 6,445 | 6,765 | 6,766 | 6,766 | 13,532 | 13,532 |
|
Reserves
|
1,93,859 | 2,12,940 | 2,50,758 | 2,85,062 | 3,08,312 | 3,98,983 | 3,84,876 | 4,68,038 | 4,64,762 | 4,72,312 | 5,08,330 | 5,29,555 | 5,44,964 |
|
Borrowings
|
89,968 | 97,620 | 1,07,104 | 1,07,446 | 1,16,881 | 1,61,720 | 2,98,599 | 2,24,683 | 1,97,439 | 2,18,706 | 2,14,575 | 2,01,505 | 2,07,388 |
|
Long term Borrowings
|
62,711 | 76,227 | 77,830 | 78,723 | 81,596 | 1,18,098 | 1,94,402 | 1,60,598 | 1,67,231 | 1,35,561 | 1,61,059 | 1,72,025 | 1,87,582 |
|
Short term Borrowings
|
22,770 | 12,914 | 14,490 | 22,580 | 15,239 | 39,097 | 59,899 | 61,100 | 27,332 | 80,262 | 50,731 | 26,788 | 17,145 |
|
Lease Liabilities
|
— | — | — | — | — | — | — | — | — | — | — | — | — |
|
Other Borrowings
|
4,487 | 8,479 | 14,784 | 6,143 | 20,046 | 4,525 | 44,298 | 0 | 0 | 0 | 0 | 0 | — |
|
Other Liabilities
|
80,524 | 83,989 | 1,20,572 | 1,50,987 | 1,85,997 | 2,08,703 | 2,81,885 | 1,74,507 | 2,09,708 | 2,24,876 | 2,29,972 | 2,77,809 | 3,02,764 |
|
Trade Payables
|
57,862 | 54,470 | 54,521 | 68,161 | 88,675 | 88,241 | 71,048 | 86,999 | 1,34,005 | 1,19,811 | 1,29,859 | 1,22,379 | 96,626 |
|
Advance from Customers
|
— | — | — | — | — | — | — | — | — | — | — | — | — |
|
Other liability items
|
22,662 | 29,519 | 66,051 | 82,826 | 97,322 | 1,20,462 | 2,10,837 | 87,508 | 75,703 | 1,05,065 | 1,00,113 | 1,55,430 | 2,06,138 |
|
Total Liabilities
|
3,67,583 | 3,97,785 | 4,81,674 | 5,46,746 | 6,17,525 | 7,75,745 | 9,71,699 | 8,73,673 | 8,78,674 | 9,22,660 | 9,59,643 | 10,22,401 | 10,68,648 |
|
Fixed Assets
|
1,09,406 | 1,14,563 | 1,47,543 | 1,54,578 | 2,00,964 | 2,03,188 | 3,06,478 | 3,06,833 | 2,39,626 | 2,82,301 | 2,99,630 | 3,11,047 | 3,14,432 |
|
Land
|
3,090 | 3,288 | 47,310 | 56,289 | 56,464 | 38,834 | 56,670 | 56,661 | 56,650 | 56,655 | 56,663 | 56,996 | — |
|
Building
|
9,169 | 9,618 | 10,662 | 12,327 | 14,422 | 16,653 | 19,817 | 19,600 | 20,794 | 26,868 | 32,360 | 39,515 | — |
|
Plant Machinery
|
1,41,128 | 1,49,362 | 1,63,420 | 1,72,024 | 2,19,927 | 2,29,218 | 3,30,959 | 3,30,951 | 2,66,867 | 2,77,256 | 2,83,005 | 2,89,492 | — |
|
Equipments
|
— | — | — | — | — | — | — | — | — | — | — | — | — |
|
Furniture & fittings
|
— | — | — | — | — | — | — | — | — | — | — | — | — |
|
Vehicles
|
475 | 561 | 618 | 666 | 613 | 615 | 650 | 739 | 824 | 1,053 | 1,147 | 1,410 | — |
|
Intangible Assets
|
47,013 | 55,017 | 41,444 | 44,905 | 46,583 | 47,351 | 41,504 | 48,133 | 51,558 | 68,199 | 86,654 | 92,820 | 47,191 |
|
Other fixed assets
|
12,442 | 14,374 | 13,433 | 5,335 | 7,596 | 19,957 | 1,995 | 2,060 | 2,280 | 26,368 | 29,384 | 32,086 | — |
|
Gross Block
|
2,22,565 | 2,36,062 | 2,82,212 | 2,97,352 | 3,53,009 | 3,65,034 | 4,68,723 | 4,74,714 | 4,13,723 | 4,66,561 | 5,00,597 | 5,24,810 | — |
|
Accumulated Depreciation
|
1,13,159 | 1,21,499 | 1,34,669 | 1,42,774 | 1,52,045 | 1,61,846 | 1,62,245 | 1,67,881 | 1,74,107 | 1,84,260 | 2,00,967 | 2,13,763 | — |
|
CWIP
|
41,716 | 75,753 | 1,10,905 | 1,32,741 | 99,483 | 1,11,557 | 27,965 | 32,835 | 34,662 | 54,357 | 61,632 | 82,417 | 98,517 |
|
Investments
|
86,062 | 1,12,573 | 1,57,250 | 1,92,450 | 2,25,222 | 3,31,683 | 4,91,823 | 3,47,285 | 4,08,797 | 3,51,141 | 3,70,063 | 3,90,360 | 4,12,681 |
|
Other Assets
|
1,30,399 | 94,896 | 65,976 | 66,977 | 91,856 | 1,29,317 | 1,45,433 | 1,86,720 | 1,95,589 | 2,34,861 | 2,28,318 | 2,38,577 | 2,43,018 |
|
Inventories
|
42,932 | 36,551 | 28,034 | 34,018 | 39,568 | 44,144 | 38,802 | 37,437 | 45,923 | 84,756 | 85,100 | 89,216 | 93,057 |
|
Trade receivables
|
10,664 | 4,661 | 3,495 | 5,472 | 10,460 | 12,110 | 7,483 | 4,159 | 14,394 | 24,143 | 14,740 | 15,591 | 12,654 |
|
Receivables under 6m
|
— | — | — | — | — | — | — | — | — | — | — | — | — |
|
Receivables over 6m
|
— | — | — | — | — | — | — | — | — | — | — | — | — |
|
Prow for Doubtful
|
— | — | — | — | — | — | — | — | — | — | — | — | — |
|
Cash Equivalents
|
36,624 | 11,571 | 6,892 | 1,754 | 2,731 | 3,768 | 8,485 | 5,573 | 21,714 | 61,007 | 69,248 | 82,471 | 87,155 |
|
Loans & Advances
|
— | — | — | — | — | — | — | — | — | — | — | — | — |
|
Other Assets items
|
— | — | — | — | — | — | — | — | — | — | — | — | — |
|
Total Assets
|
3,67,583 | 3,97,785 | 4,81,674 | 5,46,746 | 6,17,525 | 7,75,745 | 9,71,699 | 8,73,673 | 8,78,674 | 9,22,660 | 9,59,643 | 10,22,401 | 10,68,648 |
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Cash from Operating Activity
|
42,160 | 35,285 | 43,447 | 51,450 | 62,000 | 29,191 | 77,533 | -512 | 67,491 | 55,340 | 73,998 | 79,392 |
|
Profit from operations
|
33,710 | 33,052 | 36,629 | 41,477 | 50,083 | 57,903 | 49,256 | 33,186 | 55,134 | 66,311 | 75,419 | 58,924 |
|
Receivables
|
413 | 5,462 | 220 | -1,857 | -11,397 | -24,011 | 5,050 | 2,781 | -12,639 | -3,068 | 9,930 | 3,209 |
|
Inventory
|
-203 | 6,381 | 8,517 | -5,984 | -5,550 | -4,575 | 5,342 | 1,365 | -9,337 | -2,938 | -344 | -4,116 |
|
Payables
|
14,305 | -3,528 | 6,210 | 27,374 | 37,479 | 9,300 | 23,139 | -36,154 | 35,796 | -36 | -1,761 | 30,536 |
|
Loans Advances
|
— | — | — | — | — | — | — | — | — | — | — | — |
|
Other WC items
|
— | — | — | — | — | — | — | — | — | — | — | — |
|
Working capital changes
|
14,515 | 8,315 | 14,947 | 19,533 | 20,532 | -19,286 | 33,531 | -32,008 | 13,820 | -6,042 | 7,825 | 29,629 |
|
Direct taxes
|
-6,065 | -6,082 | -8,129 | -9,560 | -8,615 | -9,426 | -5,254 | -1,690 | -1,463 | -4,929 | -9,246 | -9,161 |
|
Cash from Investing Activity
|
-64,013 | -55,998 | -41,223 | -54,949 | -59,109 | -53,949 | -1,43,583 | 74,257 | -45,315 | -8,678 | -38,292 | -28,106 |
|
Fixed assets purchased
|
-32,456 | -42,720 | -20,216 | -30,266 | -24,700 | -24,971 | -23,183 | -21,755 | -18,149 | -29,324 | -34,258 | -37,304 |
|
Fixed assets sold
|
57 | 86 | 293 | 1,452 | 75 | 103 | 31,864 | 1,147 | 30 | 146 | 62 | 39 |
|
Investments purchased
|
-7,78,343 | -6,67,097 | -6,68,990 | -6,09,377 | -5,06,925 | -10,20,880 | -10,11,276 | -4,32,492 | -5,21,980 | -2,19,404 | -3,75,590 | -4,12,018 |
|
Investments sold
|
7,47,111 | 6,43,694 | 6,68,877 | 6,19,551 | 5,04,318 | 10,17,713 | 10,02,471 | 4,34,074 | 5,02,224 | 2,78,222 | 3,94,803 | 4,33,295 |
|
Interest received
|
6,838 | 6,584 | 3,850 | 2,153 | 2,162 | 2,368 | 2,890 | 10,706 | 5,955 | 9,640 | 9,858 | 12,292 |
|
Redeemp Cnce of Shares
|
— | — | — | — | — | — | — | — | — | — | — | — |
|
Acquisition of companies
|
— | — | — | — | — | — | — | — | — | — | — | — |
|
Other investing items
|
-7,311 | 3,267 | 0 | 1,304 | 0 | 0 | 42 | -27,743 | 22,947 | 11,720 | 2,975 | 5,110 |
|
Cash from Financing Activity
|
5,530 | -940 | -6,903 | -1,639 | -1,914 | 25,795 | 70,767 | -76,657 | -6,035 | -7,369 | -27,465 | -38,063 |
|
Redemption of debentures
|
— | — | — | — | — | — | — | — | — | — | — | — |
|
Proceeds from borrowings
|
32,148 | 20,310 | 9,032 | 8,284 | 28,328 | 48,136 | 99,138 | 45,975 | 69,678 | 31,956 | 38,592 | 4,016 |
|
Repayment of borrowings
|
-19,672 | -14,857 | -4,591 | 0 | -19,199 | -6,594 | -9,238 | -1,04,369 | -60,293 | -20,252 | -43,004 | -20,680 |
|
Interest paid fin
|
-4,053 | -3,368 | -4,376 | -5,355 | -7,267 | -11,584 | -14,471 | -14,294 | -11,019 | -13,953 | -16,873 | -14,562 |
|
Dividends paid
|
-3,093 | -3,268 | -7,259 | 0 | -3,916 | -4,282 | -4,584 | -3,921 | -4,297 | -5,083 | -6,089 | -6,766 |
|
Financial liabilities
|
0 | 0 | 0 | 0 | 0 | 0 | -97 | -53 | -109 | -77 | -98 | -93 |
|
Other financing items
|
0 | 0 | 0 | -5,264 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
|
Net Cash Flow
|
-16,323 | -21,653 | -4,679 | -5,138 | 977 | 1,037 | 4,717 | -2,912 | 16,141 | 39,293 | 8,241 | 13,223 |
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Debtor Days
|
10 | 5 | 6 | 8 | 13 | 12 | 8 | 6 | 12 | 16 | 10 | 11 |
|
Inventory Days
|
47 | 50 | 63 | 75 | 71 | 60 | 58 | 78 | 52 | 77 | 79 | 84 |
|
Days Payable
|
64 | 75 | 123 | 151 | 160 | 119 | 106 | 180 | 151 | 108 | 121 | 115 |
|
Cash Conversion Cycle
|
-6 | -19 | -54 | -67 | -76 | -48 | -40 | -96 | -87 | -15 | -32 | -20 |
|
Working Capital Days
|
-28 | -41 | -128 | -152 | -155 | -111 | -263 | -136 | -68 | -77 | -79 | -91 |
|
ROCE %
|
11% | 10% | 11% | 10% | 12% | 11% | 9% | 6% | 8% | 10% | 10% | 8% |
Direct from BSE filings, AI summarised
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