Reliance Industries
RELIANCE · Oil & Gas · NSE
₹1,273
Current Market Price
Fair Value (DCF)
₹1,511
Discount to FV
+18.7%
Updated 18m ago
YieldIQ Score
67/100
Piotroski F-Score
4/9
Economic Moat
Moderate
Confidence
45%
ROE
6.9%
Debt/Equity
0.37
WACC
9.8%
Market Cap
₹17.22 Lakh Cr
Quality & Valuation
Neutral model outputs — no recommendations.
ROCE
13.1%
Return on capital employed
EV / EBITDA
11.0×
Enterprise multiple
Debt / EBITDA
1.9×
Leverage vs earnings
Interest Coverage
5.4×
EBIT covers interest
Current Ratio
1.10×
Short-term liquidity
Asset Turnover
0.49×
Revenue per ₹ of assets
Revenue CAGR (3Y)
6.4%
3-year revenue growth
Revenue CAGR (5Y)
—
5-year revenue growth
DCF Scenario Analysis
vs CMP ₹1,272.8
Bear case
Discount -17.6%
Base case
Discount +15.8%
Bull case
Discount +29.8%
Ratio Trends
RELIANCE · last 7 annual periods
ROE
6.9%
ROCE
13.1%
Operating Margin
—
Debt / Equity
0.37×
PE
24.8×
EV / EBITDA
11.0×
Historical Financials
RELIANCE · Annual, last 5 years· amounts in ₹Cr unless noted
| Metric | 2022 NSE_XBRL | 2023 NSE_XBRL | 2024 NSE_XBRL | 2025 yfinance | 2026 yfinance | CAGR |
|---|---|---|---|---|---|---|
| Revenue | ₹445.4K Cr | ₹877.8K Cr | ₹901.1K Cr | ₹964.7K Cr | ₹1057.2K Cr | +24.1% |
| EBITDA | ₹126.4K Cr | ₹153.3K Cr | ₹176.9K Cr | ₹181.3K Cr | ₹204.9K Cr | +12.8% |
| EBIT | ₹55.9K Cr | ₹114.4K Cr | ₹127.5K Cr | — | — | +22.9% |
| PAT | ₹39.1K Cr | ₹66.7K Cr | ₹69.6K Cr | ₹69.6K Cr | ₹80.8K Cr | +19.9% |
| EPS (diluted) | ₹58.49 | ₹98.59 | ₹102.90 | — | — | +15.2% |
| CFO | ₹67.5K Cr | ₹115.0K Cr | ₹158.8K Cr | ₹178.7K Cr | ₹192.1K Cr | +29.9% |
| CapEx | ₹-100.1K Cr | ₹-141.0K Cr | ₹-152.9K Cr | ₹-140.0K Cr | ₹-122.9K Cr | — |
| FCF | ₹10.5K Cr | ₹-26.0K Cr | ₹5905 Cr | ₹38.7K Cr | ₹69.2K Cr | +60.2% |
| Total Assets | ₹1499.7K Cr | ₹1607.4K Cr | ₹1756.0K Cr | ₹1950.1K Cr | ₹2178.1K Cr | +9.8% |
| Total Debt | ₹282.0K Cr | ₹334.4K Cr | ₹346.1K Cr | ₹369.6K Cr | ₹398.0K Cr | +9.0% |
| Shareholders' Equity | ₹779.5K Cr | ₹715.9K Cr | ₹793.5K Cr | ₹843.2K Cr | ₹904.0K Cr | +3.8% |
CAGR computed across the visible window. Signs reverse if start value is zero or negative.
Peer Comparison
RELIANCE vs 5 closest peers by market-cap band
| Peer | MoS | Score | Verdict | ROE | PE |
|---|---|---|---|---|---|
 IOC IOC | — | — | Pending | 19.2% | 4.5× |
 BPCL BPCL | — | — | Pending | 25.8% | 4.6× |
 HINDPETRO HINDPETRO | — | — | Pending | 27.5% | 4.0× |
 PETRONET PETRONET | — | — | Pending | 20.0% | — |
 MRPL MRPL | — | — | Pending | 13.6% | — |
Click a ticker to view its fair-value analysis.
Dividend History
9 ex-dividend events on file. Source: NSE corporate-actions feed.
Total paid (5Y)
₹22.50/sh
Last payout
2025-08-14
₹5.50
Peak payout
₹5.50
Trailing yield
0.43%
Amounts parsed from NSE subject lines. Percent-of-face-value declarations are converted using the per-ticker face value (defaults to ₹10).
AI Analysis Summary
Model-generated description of metrics. Not investment advice. Reliance Industries (RELIANCE.NS) trades at 1272.80 vs a model fair value of 1511.45, a gap of 18.7%. Piotroski F-score: 4/9. Moat label:...
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Risk profile of RELIANCE →
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ROE decomposition
Why ROE is what it is →
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Analyse RELIANCENow →Model estimates using publicly available data. Not investment advice. YieldIQ is not registered with SEBI as an investment adviser or research analyst. Past performance does not guarantee future results.