| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 3,11,850 | 2,48,660 | +25.4% |
| EBITDA | 47,517 | 42,905 | +10.7% |
| EBITDA margin | 15.2% | 17.3% | −2.0 pts |
| Profit before tax | 30,630 | 37,146 | −17.5% |
| Net profit | 23,196 | 30,783 | −24.6% |
| EPS | ₹15.48 | ₹19.95 | −22.4% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 15,67,006 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 2,43,408 | 2,43,408 | 2,25,211 | 2,03,395 | 1,87,137 | ||
| 1,81,836 | 1,81,836 | 1,66,426 | 1,32,307 | 1,13,009 | ||
| 3,74,421 | 3,74,421 | 3,47,530 | 3,24,622 | 3,13,966 | ||
| 18,79,855 | — | — | — | — | ||
| 11,38,865 | 10,75,675 | 9,80,136 | 9,14,472 | 8,91,311 | ||
| — | +9.7% | +7.2% | +2.6% | — | ||
| 1,83,561 | 1,78,949 | 1,65,444 | 1,62,233 | 1,42,162 | ||
| 16.1% | 16.6% | 16.9% | 17.7% | 16.0% | ||
| 1,24,615 | 1,21,261 | 1,12,308 | 1,11,401 | 1,01,859 | ||
| 88,167 | 95,754 | 81,309 | 79,020 | 74,088 | ||
| 7.7% | 8.9% | 8.3% | 8.6% | 8.3% | ||
| ₹55.22 | ₹59.69 | ₹51.47 | ₹51.45 | ₹49.29 | ||
| — | +16.0% | +0.0% | +4.4% | — | ||
| — | 1,92,113 | 1,78,703 | 1,58,788 | 1,15,032 | ||
| — | −1,22,916 | −1,39,967 | −1,52,883 | −1,40,988 | ||
| 69,197 | 69,197 | 38,736 | 5,905 | −25,956 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 15,67,005.6 | |
| - Cash, Equiv & ST Investments | 1,87,137.0 | 2,03,395.0 | 2,25,211.0 | 2,43,408.0 | 2,43,408.0 | |
| + Minority Interest | 1,13,009.0 | 1,32,307.0 | 1,66,426.0 | 1,81,836.0 | 1,81,836.0 | |
| + Total Debt | 3,13,966.0 | 3,24,622.0 | 3,47,530.0 | 3,74,421.0 | 3,74,421.0 | |
| Enterprise Value | — | — | — | — | 18,79,854.6 | |
| Revenue | 8,91,311.0 | 9,14,472.0 | 9,80,136.0 | 10,75,675.0 | 11,38,865.0 | |
| Growth %, YoY | — | +2.6 | +7.2 | +9.7 | — | |
| EBITDA | 1,42,162.0 | 1,62,233.0 | 1,65,444.0 | 1,78,949.0 | 1,83,561.0 | |
| Margin % | 15.95 | 17.74 | 16.88 | 16.64 | 16.12 | |
| EBIT | 1,01,859.0 | 1,11,401.0 | 1,12,308.0 | 1,21,261.0 | 1,24,615.0 | |
| Net Income | 74,088.0 | 79,020.0 | 81,309.0 | 95,754.0 | 88,167.0 | |
| Margin % | 8.31 | 8.64 | 8.30 | 8.90 | 7.74 | |
| EPS, Adj (current shares) | 49.29 | 51.45 | 51.47 | 59.69 | 55.22 | |
| Growth %, YoY | — | +4.4 | +0.0 | +16.0 | — | |
| Cash from Operations | 1,15,032.0 | 1,58,788.0 | 1,78,703.0 | 1,92,113.0 | — | |
| Capital Expenditures | -1,40,988.0 | -1,52,883.0 | -1,39,967.0 | -1,22,916.0 | — | |
| Free Cash Flow | -25,956.0 | 5,905.0 | 38,736.0 | 69,197.0 | 69,197.0 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Reliance Industries (NSE: RELIANCE) had a market capitalisation of ₹15,79,842 crore at the 29 October 2026 close (₹1,167.40 a share), a PE ratio of 21.1 on the last four quarters' profit and a price-to-book ratio of 1.75. In FY26 its consolidated net profit attributable to shareholders was ₹80,775 crore on revenue of ₹10,75,675 crore; in Q1 FY27 (April–June 2026) it was ₹20,946 crore, down 22.4% year on year. Its debt-to-equity ratio was 0.34 on 31 March 2026. Promoters held 50.44% of the shares on 30 September 2026.
Reliance Industries' PE ratio is 21.1 at the 29 October 2026 close (₹1,167.40 a share): a market capitalisation of ₹15,79,842 crore divided by consolidated net profit attributable to shareholders of ₹74,727 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit attributable to shareholders (₹80,775 crore) it is 19.6.
Reliance Industries' price-to-book (PB) ratio is 1.75 at the 29 October 2026 close: a market capitalisation of ₹15,79,842 crore divided by shareholders' equity (book value) of ₹9,04,030 crore on 31 March 2026. That is a book value of ₹668.02 per share against a share price of ₹1,167.40.
In FY26, Reliance Industries' return on equity (ROE) was 9.3% and its return on capital employed (ROCE) was 7.7%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 8.5% and ROCE 7.9%.
Reliance Industries' market capitalisation was ₹15,79,842 crore (₹15.80 lakh crore) at the 29 October 2026 close: 1,353.3 crore shares at ₹1,167.40 each.
Reliance Industries' basic earnings per share (EPS) were ₹59.69 in FY26, against ₹51.47 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹55.22.
In 2026, Reliance Industries has declared one dividend: ₹6 with record date 5 June 2026.
No. Reliance Industries had borrowings of ₹3,74,421 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.34. Its cash and current investments were ₹2,43,798 crore, so its net debt was ₹1,30,623 crore.
Reliance Industries' debt-to-equity ratio was 0.34 on 31 March 2026: borrowings of ₹3,74,421 crore against total equity of ₹10,85,866 crore. A year earlier, on 31 March 2025, it was 0.34.
Reliance Industries' net worth — shareholders' equity in its consolidated balance sheet — was ₹9,04,030 crore (₹9.04 lakh crore) on 31 March 2026, up 7.2% from ₹8,43,200 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹15,79,842 crore at the 29 October 2026 close.
Reliance Industries' book value per share was ₹668.02 on 31 March 2026: shareholders' equity of ₹9,04,030 crore divided by the 1,353.3 crore shares in issue, up 7.2% from ₹623.12 a year earlier. The share price at the 29 October 2026 close was ₹1,167.40.
Reliance Industries' dividend yield is 0.51% at the 29 October 2026 close: dividends of ₹6 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹1,167.40. They were ₹6 on 5 June 2026.
Promoters held 50.44% of Reliance Industries on 30 September 2026, down 0.04 percentage points from 50.48% the previous quarter and up 0.43 percentage points from 50.01% a year earlier, according to the shareholding pattern filed with NSE.
On 30 September 2026, Reliance Industries' shares were held by promoters 50.44%, foreign portfolio investors (FII/FPI) 16.67%, domestic institutions (DII) 21.72% (including mutual funds at 10.31%) and retail and other non-institutional investors 11.07%. Over the year, FII holding was down 1.98 percentage points from 18.65% and DII holding was up 1.39 percentage points from 20.33%.
In FY26, Reliance Industries generated ₹1,92,113 crore of cash from operations and spent ₹1,22,916 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹69,197 crore. In FY25 it was ₹38,736 crore.
At the 29 October 2026 closing prices, on FY26 net profit attributable to shareholders, Reliance Industries' PE ratio is 19.6, the second highest of the four: ONGC 6.9, Bharti Airtel 45.1 and Coal India 7.8, a peer average of 19.9. Each is the company's market capitalisation at that price divided by its FY26 net profit.
Reliance Industries' latest results are for Q1 FY27 (April–June 2026), filed on 17 July 2026: consolidated net profit attributable to shareholders ₹20,946 crore, down 22.4% from ₹26,994 crore in Q1 FY26; revenue from operations ₹3,11,850 crore, up 25.4% year on year.
In FY26 (April 2025–March 2026), Reliance Industries' consolidated net profit attributable to shareholders was ₹80,775 crore, up 16.0% from ₹69,648 crore in FY25, on revenue from operations of ₹10,75,675 crore (up 9.7%). Over three years, from FY23, net profit was up 21.1%.
Reliance Industries will announce its Q2 FY27 results (July–September 2026) on Friday, 30 October 2026, the date of the board meeting it has notified to the exchanges.
On FY26 consolidated figures, against ONGC, Bharti Airtel and Coal India: Reliance Industries' operating margin of 11.3% is the third highest of the four (ONGC 9.9%, Bharti Airtel 31.7%, Coal India 18.5%; peer average 20.0%); its return on equity of 9.3% is the lowest of the four (ONGC 11.6%, Bharti Airtel 20.3%, Coal India 28.5%; peer average 20.1%); its revenue growth over three years of 6.5% a year is the third highest of the four (ONGC −1.1% a year, Bharti Airtel 14.9% a year, Coal India 6.8% a year; peer average 6.9% a year).
In FY26, Reliance Industries earned net profit attributable to shareholders of ₹80,775 crore on revenue of ₹10,75,675 crore, against ₹41,424 crore on ₹6,62,247 crore for ONGC. Reliance Industries' operating margin was 11.3% (ONGC 9.9%) and its return on equity 9.3% (ONGC 11.6%). At the 29 October 2026 close, Reliance Industries' market capitalisation was ₹15,79,842 crore against ₹2,84,050 crore for ONGC, and its PE ratio on FY26 profit 19.6 against 6.9.
From Reliance Industries' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.