RELIANCE
Reliance Industries Limited (RELIANCE) Stock Analysis
Reliance Industries Limited is India's largest conglomerate with businesses in petrochemicals, refining, retail, telecom, and new energy. Its subsidiaries include Jio and Reliance Retail serving hundreds of millions of consumers. The company invests heavily in digital and green energy platforms. It is listed on Indian stock exchanges with the highest market weight.
Energy › Oil & Gas Refining & Marketing
₹1,170.30
+0.22% 1W | -14.70% 52W
Market Cap
1583.7k CR
P/E Ratio
21.2
52W High
₹1611.8
52W Low
₹1160.2
Div. Yield
0.51%
Beta
0.2
50 DMA
₹1271
200 DMA
₹1343.6
Profit Margin
6.6%
Inst. Own.
28%
⚠️ BREAKDOWN
⚠️ BREAKDOWN
Fundamentals
Profit & Loss
| Metric | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 207,559 | 231,886 | 225,086 | 236,533 | 231,784 | 231,535 | 239,986 | 261,388 | 243,632 | 254,623 | 264,905 | 294,059 | 309,468 |
| Expenses | 169,466 | 190,918 | 184,430 | 194,017 | 193,019 | 192,477 | 196,197 | 217,556 | 200,727 | 208,738 | 218,887 | 249,918 | 261,951 |
| Operating Profit | 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 |
| OPM % | 18% | 18% | 18% | 18% | 17% | 17% | 18% | 17% | 18% | 18% | 17% | 15% | 15% |
| Other Income | 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 |
| Interest | 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 |
| Depreciation | 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 |
| Profit before tax | 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 |
| Tax % | 25% | 25% | 25% | 24% | 25% | 24% | 24% | 23% | 17% | 24% | 25% | 24% | 25% |
| Net Profit | 18,258 | 19,878 | 19,641 | 21,243 | 17,445 | 19,323 | 21,930 | 22,611 | 30,783 | 22,092 | 22,290 | 20,589 | 23,196 |
| EPS in Rs | 11.83 | 12.85 | 12.76 | 14.01 | 11.19 | 12.24 | 13.70 | 14.34 | 19.95 | 13.42 | 13.78 | 12.54 | 15.48 |
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 374,372 | 272,583 | 303,954 | 390,823 | 568,337 | 596,679 | 466,307 | 694,673 | 876,396 | 899,041 | 962,820 | 1,055,780 | 1,123,055 |
| Expenses | 336,923 | 230,802 | 257,647 | 326,508 | 484,087 | 507,413 | 385,517 | 586,092 | 734,078 | 736,543 | 797,222 | 876,715 | 939,494 |
| Operating Profit | 37,449 | 41,781 | 46,307 | 64,315 | 84,250 | 89,266 | 80,790 | 108,581 | 142,318 | 162,498 | 165,598 | 179,065 | 183,561 |
| OPM % | 10% | 15% | 15% | 16% | 15% | 15% | 17% | 16% | 16% | 18% | 17% | 17% | 16% |
| Other Income | 8,528 | 12,212 | 9,222 | 9,869 | 8,406 | 8,570 | 22,432 | 19,600 | 12,020 | 15,792 | 17,824 | 28,846 | 20,393 |
| Interest | 3,316 | 3,691 | 3,849 | 8,052 | 16,495 | 22,027 | 21,189 | 14,584 | 19,571 | 23,118 | 24,269 | 27,061 | 28,362 |
| Depreciation | 11,547 | 11,565 | 11,646 | 16,706 | 20,934 | 22,203 | 26,572 | 29,782 | 40,303 | 50,832 | 53,136 | 57,688 | 58,946 |
| Profit before tax | 31,114 | 38,737 | 40,034 | 49,426 | 55,227 | 53,606 | 55,461 | 83,815 | 94,464 | 104,340 | 106,017 | 123,162 | 116,646 |
| Tax % | 24% | 23% | 25% | 27% | 28% | 26% | 3% | 19% | 22% | 25% | 24% | 22% | |
| Net Profit | 23,640 | 29,861 | 29,833 | 36,080 | 39,837 | 39,880 | 53,739 | 67,845 | 74,088 | 79,020 | 81,309 | 95,754 | 88,167 |
| EPS in Rs | 17.07 | 21.51 | 21.55 | 26.69 | 29.28 | 29.10 | 38.75 | 44.87 | 49.29 | 51.45 | 51.47 | 59.69 | 55.22 |
| Dividend Payout % | 12% | 10% | 11% | 10% | 10% | 10% | 9% | 9% | 9% | 10% | 11% | 10% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | 6.0% | 18.0% | 15.0% |
| Profit CAGR | 5.0% | 12.0% | 10.0% |
Shareholding Pattern
Promoters50.07%
FIIs19.21%
DIIs19.72%
Public10.84%
Promoters50.01%
FIIs18.65%
DIIs20.25%
Public10.92%
Promoters50.00%
FIIs19.09%
DIIs20.10%
Public10.64%
Promoters50.00%
FIIs18.67%
DIIs20.46%
Public10.70%
Promoters50.48%
FIIs17.19%
DIIs21.10%
Public11.05%
Promoters50.41%
FIIs22.49%
DIIs16.06%
Public10.89%
Promoters50.31%
FIIs22.06%
DIIs16.98%
Public10.46%
Promoters50.10%
FIIs19.07%
DIIs19.36%
Public11.29%
Promoters50.00%
FIIs18.67%
DIIs20.46%
Public10.70%
Promoters50.48%
FIIs17.19%
DIIs21.10%
Public11.05%
RELIANCE
Holdings Analysis
Key strengths & risk signals
54
Overall
63
Fundamental
46
Technical
Risks (4)
LOW MARGIN! 6.6% profit margin - thin profits.
WEAK POSITION! Current price (1170.3) is below both moving averages.
WEAK YEAR! Stock declined 14.7% in the last year.
WEAK! Trading at 2.2% of 52W range - near yearly lows.
Strengths (3)
PERFECT RECORD! Revenue has grown consistently every year. Exceptional business stability.
LOW VOLATILITY! Beta of 0.20 - stable stock, less market risk.
APPROACHING OVERSOLD! RSI at 35.6 - watch for reversal.
Fundamental & Technical Analysis
54Overall
63Fundamental
46Technical
Fundamental Breakdown
Growth Quality
16/30
Revenue CAGR: 6.4% (MODERATE, 8/15). Profit CAGR: 6.6% (MODERATE, 8/15).
Profit Margin
3/10
LOW MARGIN! 6.6% profit margin - thin profits.
PEG Valuation
3/10
OVERVALUED! PEG of 3.21 means expensive relative to growth rate.
Dividend Yield
3/10
NEGLIGIBLE DIVIDEND! 0.51% yield - little to no income.
Debt to Equity
8/10
LOW DEBT! D/E of 0.37 - strong balance sheet.
Public Holding
20/20
VERY LESS PUBLIC HOLDING! 10.76% public ownership - strong promoter/institutional control.
Stability Index
10/10
PERFECT RECORD! Revenue has grown consistently every year. Exceptional business stability.
Technical Breakdown
Moving Averages
5/10
BEARISH TREND! 50-day average (1271.0) is below 200-day average (1343.6) - negative signal.
Price Position
2/10
WEAK POSITION! Current price (1170.3) is below both moving averages.
Trend Pattern
10/20
BREAKDOWN! Stock has broken below support levels - weakness present.
52W Performance
2/10
WEAK YEAR! Stock declined 14.7% in the last year.
Volume Sentiment
15/30
BEARISH SENTIMENT! In last 30 days: 12 up days, 18 down days. Avg volume on up days: 11,990,570 vs down days: 14,004,385. Ratio: 0.86x
RSI
4/5
APPROACHING OVERSOLD! RSI at 35.6 - watch for reversal.
52W Range
1/5
WEAK! Trading at 2.2% of 52W range - near yearly lows.
Momentum
2/5
WEAK MOMENTUM! Limited price growth - 0.2% (1 week), -8.5% (1 month), -10.5% (3 months).
Beta
5/5
LOW VOLATILITY! Beta of 0.20 - stable stock, less market risk.
RELIANCE
Concall / Investor Presentation
Earnings call transcripts & AI summaries
| Quarter | Concall | Summary |
|---|---|---|
| Q4FY262026-07-19 | Concall PDF | |
| Q2FY262026-01-18 | Concall PDF | |
| Q1FY262025-10-19 | Concall PDF |
Peer Comparison
Energy · Oil & Gas Refining & Marketing · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RELIANCE | ₹1,170.30 | 21.2 | 6.6% | 6.4% | 6.6% | -14.7% | 54 | BREAKDOWN | -22.4% | +23.4% | +27.0% | +5.2% |
| IOC | ₹126.30 | 5.3 | 3.9% | -2.2% | 62.6% | -18.1% | 59 | BOUNCE FROM SUPPORT | -123.9% | -111.3% | +38.5% | +27.9% |
| BPCL | ₹287.80 | 7.2 | 3.5% | -1.2% | 129.7% | -15.5% | 59 | APPROACHING SUPPORT | -127.4% | -133.3% | +34.4% | +27.4% |
| HINDPETRO | ₹326.00 | 41.5 | 0.4% | 0.2% | – | -25.1% | 46 | APPROACHING SUPPORT | -398.3% | -302.2% | +26.9% | +22.3% |
| AEGISLOG | ₹1,388.90 | 39 | 13.9% | -1.3% | 24.7% | +70.1% | 80 | BREAKOUT | +268.9% | +18.0% | +37.1% | -9.2% |
| PETRONET | ₹291.50 | 10.4 | 11.3% | -9.7% | 5.6% | +2.5% | 68 | APPROACHING SUPPORT | +35.1% | -17.0% | -53.2% | -41.1% |
| MRPL | ₹172.10 | 9.6 | 2.9% | -6.7% | -10.2% | +20.9% | 59 | CONSOLIDATION | -449.4% | +708.3% | +120.4% | +59.7% |
| CHENNPETRO | ₹1,487.70 | 5.3 | 5.5% | -6.0% | -4.2% | +90.8% | 65 | APPROACHING SUPPORT | -2,672.1% | -27.5% | +84.8% | +62.7% |
Data from TradeAlone · Updated daily
