Reliance Industries Limited has informed the Exchange about Credit Rating
Markets / Nifty 50 / Oil Gas & Consumable Fuels
Price
Daily closing prices, adjusted for bonuses and splits
Returns against the Nifty 50
| Return | 1W | 1M | 3M | 6M | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|---|---|
| RELIANCE | +13.2% | +10.5% | +2.4% | −8.8% | −11.0% | +13.0% | +4.9% |
| Nifty 50 | +5.6% | +6.2% | −2.7% | −1.5% | −6.4% | +24.6% | +33.7% |
Price returns, without dividends. Source: NSE end-of-day data.
Check-up
Where RELIANCE sits against the Nifty 50 and its industry. Facts, not advice.
Price return
Over 1 year. The Nifty 50 returned −6.40%, so RELIANCE trailed it by 4.6 percentage points.
Valuation (PE)
Price is 21.6 times the last four quarters' earnings per share, higher than the Nifty 50's PE of 19.8 and the 2 industry peers' median of 6.3.
Growth
Revenue in Q2 FY27 compared with the same quarter a year earlier. Net profit changed +40.6%.
Profitability (ROE)
Profit over the last four quarters as a share of shareholders' equity. Net margin is 6.8%.
Debt
Borrowings are 0.41 times shareholders' equity (latest balance sheet, 30 Sep 2026).
Volatility
Daily price moves over the last year were 1.75 times as large as the Nifty 50's (annualised volatility 24.2%).
What the latest numbers show
Calculated by stockER from the company's filings and NSE data.
Positives 4
- Revenue up 28.6% from a year ago₹3,32,861 cr in Q2 FY27, against ₹2,58,898 cr in Q2 FY26.
- Net profit up 33.8% from a year ago₹29,550 cr in Q2 FY27, against ₹22,092 cr in Q2 FY26.
- Operating cash flow of ₹1,92,113 crCash generated by the business in the year to 31 Mar 2026.
- Mutual fund holding up 0.65 points in a year10.31% on 30 Sep 2026, from 9.66%.
Watch points 2
- Borrowings rose 10.5% in a year₹3,84,952 cr on 30 Sep 2026, against ₹3,48,230 cr a year earlier.
- Foreign institutional holding down 1.98 points in a year16.67% on 30 Sep 2026, from 18.65%.
Financials
Consolidated results as filed with NSE. ₹ crore unless stated.
Revenue
Net profit
EPS (₹)
| ₹ crore | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 2,43,865 | 2,64,573 | 2,48,660 | 2,58,898 | 2,69,496 | 2,98,621 | 3,11,850 | 3,32,861 |
| Other income | 4,214 | 4,905 | 15,119 | 4,482 | 4,914 | 4,447 | 6,550 | 5,793 |
| Total expenses | 2,19,436 | 2,40,375 | 2,26,633 | 2,34,256 | 2,44,713 | 2,75,873 | 2,87,770 | 3,00,041 |
| EBITDA | 48,003 | 48,737 | 58,024 | 50,367 | 50,932 | 48,588 | 54,067 | 62,409 |
| Depreciation | 13,181 | 13,479 | 13,842 | 14,416 | 14,622 | 14,808 | 15,100 | 15,315 |
| Finance cost | 6,179 | 6,155 | 7,036 | 6,827 | 6,613 | 6,585 | 8,337 | 8,481 |
| PBIT | 34,822 | 35,258 | 44,182 | 35,951 | 36,310 | 33,780 | 38,967 | 47,094 |
| Profit before tax | 28,643 | 29,103 | 37,146 | 29,124 | 29,697 | 27,195 | 30,630 | 38,613 |
| Tax | 6,839 | 6,669 | 6,465 | 6,978 | 7,530 | 6,579 | 7,629 | 9,363 |
| Net profit | 21,930 | 22,611 | 30,783 | 22,092 | 22,290 | 20,589 | 23,196 | 29,550 |
| EPS (₹) | 13.70 | 14.34 | 19.95 | 13.42 | 13.78 | 12.54 | 15.48 | 18.88 |
| ₹ crore | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue from operations | 8,92,944 | 9,14,472 | 9,80,136 | 10,75,675 |
| Other income | 11,826 | 16,057 | 17,978 | 28,962 |
| Total expenses | 8,09,926 | 8,26,189 | 8,92,097 | 9,81,475 |
| EBITDA | 1,54,734 | 1,78,290 | 1,83,422 | 2,07,911 |
| Depreciation | 40,319 | 50,832 | 53,136 | 57,688 |
| Finance cost | 19,571 | 23,118 | 24,269 | 27,061 |
| PBIT | 1,14,415 | 1,27,458 | 1,30,286 | 1,50,223 |
| Profit before tax | 94,844 | 1,04,340 | 1,06,017 | 1,23,162 |
| Tax | 20,713 | 25,707 | 25,230 | 27,552 |
| Net profit | 74,088 | 79,020 | 81,309 | 95,754 |
| ₹ crore | MAR 2024 | SEP 2024 | MAR 2025 | SEP 2025 | MAR 2026 | SEP 2026 |
|---|---|---|---|---|---|---|
| Total assets | 17,55,986 | 18,15,123 | 19,50,121 | 20,38,946 | 21,78,140 | 22,75,033 |
| Current assets | 4,70,100 | 4,78,412 | 4,99,270 | 5,11,964 | 5,94,249 | 6,35,305 |
| Inventories | 1,52,770 | 1,60,950 | 1,46,062 | 1,61,508 | 1,66,941 | 1,85,480 |
| Cash and equivalents | 97,225 | 90,353 | 1,06,502 | 1,11,500 | 1,45,977 | 1,81,723 |
| Total liabilities | 8,30,198 | 8,60,799 | 9,40,495 | 9,88,219 | 10,92,274 | 11,42,385 |
| Current liabilities | 3,97,367 | 4,42,760 | 4,53,737 | 4,65,294 | 5,41,254 | 5,59,764 |
| Borrowings | 3,24,622 | 3,36,337 | 3,47,530 | 3,48,230 | 3,74,421 | 3,84,952 |
| Shareholders' equity | 9,25,788 | 9,54,324 | 10,09,626 | 10,50,727 | 10,85,866 | 11,32,648 |
| Equity attributable to owners | 7,93,481 | 8,19,453 | 8,43,200 | 8,77,280 | 9,04,030 | 9,44,404 |
Balance sheets are filed every half year (September and March).
| ₹ crore | 6M to SEP 2022 | 12M to MAR 2025 | 6M to SEP 2025 | 12M to MAR 2026 | 6M to SEP 2026 |
|---|---|---|---|---|---|
| From operations | 30,050 | 1,78,703 | 99,110 | 1,92,113 | 93,055 |
| From investing | −22,425 | −1,37,535 | −52,951 | −1,01,089 | −31,202 |
| From financing | 4,331 | −31,891 | −41,161 | −51,549 | −26,107 |
| Capital expenditure | 68,204 | 1,39,967 | 58,074 | 1,22,916 | 52,813 |
| Free cash flow | −38,154 | 38,736 | 41,036 | 69,197 | 40,242 |
Cash flow statements are filed every half year; figures are for the period shown.
EBITDA here is profit before tax plus finance cost and depreciation. Annual figures add up the four quarters of each financial year. Source: company filings on NSE (XBRL).
Peers
Oil Gas & Consumable Fuels companies in the Nifty 50.
| Company | Price | Market cap | PE | PB | ROE | Div. yield | 1Y return |
|---|---|---|---|---|---|---|---|
| Reliance Industries Ltd.RELIANCE | ₹1,311.00 | ₹17.74 lakh cr | 21.6 | 1.88 | 8.7% | 0.46% | −11.0% |
| Oil & Natural Gas Corporation Ltd.ONGC | ₹235.00 | ₹2.96 lakh cr | 6.8 | 0.80 | 11.7% | 5.64% | −6.9% |
| Coal India Ltd.COALINDIA | ₹399.65 | ₹2.46 lakh cr | 5.8 | 1.93 | 33.1% | 6.63% | +5.9% |
Price comparison
Change in price from the start of the period
Events
Dividends, bonuses and splits from NSE's corporate actions.
Past dividends
Dividend - Rs 6 Per SharePer share
₹6.00Ex-date
5 Jun 2026
Dividend - Rs 5.5 Per SharePer share
₹5.50Ex-date
14 Aug 2025
Dividend - Rs 10 Per SharePer share
₹10.00Ex-date
19 Aug 2024
Dividend - Rs 9 Per SharePer share
₹9.00Ex-date
21 Aug 2023
Dividend - Rs 8 Per SharePer share
₹8.00Ex-date
18 Aug 2022
Dividend - Rs 7 Per SharePer share
₹7.00Ex-date
11 Jun 2021
Dividend - Rs 6.50 Per SharePer share
₹6.50Ex-date
2 Jul 2020
Annual General Meeting/Dividend - Rs 6.50 Per SharePer share
₹6.50Ex-date
2 Aug 2019
Bonuses, splits and other actions
28 Oct 2024
20 Jul 2023
13 May 2020
7 Sep 2017
Filings and updates
The company's own announcements to NSE: results, dividends, presentations and board decisions.
Transcript of the discussion on the Unaudited Financial Results (Consolidated and Standalone) of the Company for the quarter and half year ended September 30, 2026, at the analyst meet held on October 30, 2026, is attached and also available on the website of the Company.
Audio recording of the discussion on the Unaudited Financial Results (Consolidated and Standalone) of the Company for the quarter and half year ended September 30, 2026, at the analyst meet held on October 30, 2026, is available on the website of the Company.
Reliance Industries Limited has informed the Exchange about Investor Presentation
In continuation of our letter of today's date on the Unaudited Financial Results (Consolidated and Standalone) for the quarter and half year ended September 30, 2026, we attach a copy of media release being issued by the Company.
In continuation of our letter dated October 27, 2026, we wish to inform you that the Board of Directors of the Company, at its meeting held today, has, inter alia:1. approved the unaudited Financial Results (Consolidated and Standalone) for the quarter and half year ended September 30, 2026; and2. passed an enabling resolution authorising the issuance of listed, secured / unsecured, redeemable non-convertible debentu
The meeting of the Board of Directors of the Company is scheduled on October 30, 2026, inter alia, to consider and approve a. the standalone and consolidated unaudited financial results of the Company for the quarter and half year ended September 30, 2026; and b. raising of funds by way of issuance of listed, secured / unsecured, redeemable non-convertible debentures on private placement basis, in one or more tranche
We wish to inform that the Company has today allotted 13,00,000 Unsecured, Redeemable, Non-Convertible Debentures ("NCDs") of the face value of Rs. 1,00,000 each ("PPD Series R"), issued on private placement basis.
Please note that the Company executives will be participating in the Institutional Investors' Meeting - BofA Asia Pacific Conference 2026, scheduled to be held on September 24, 2026 at Hong Kong. It is expected that the meeting with the investors will be on one-on-one basis.
Please note that the Company executives will be participating in the Institutional Investors' Meeting - CITIC CLSA Investors' Forum 2026, scheduled to be held on September 22 & 23, 2026 at Hong Kong. It is expected that the meeting with the investors will be on one-on-one basis.
Please note that the Company executives will be participating in the Institutional Investors' Meeting - J.P. Morgan India Conference 2026, scheduled to be held on September 21, 2026 at Mumbai. It is expected that the meeting with the investors will be on one-on-one basis.
We wish to inform that the Company has today allotted 12,00,000 Unsecured, Redeemable, Non-Convertible Debentures ("NCDs") of the face value of Rs. 1,00,000 each ("PPD Series Q"), issued on private placement basis.
Frequently asked questions
What is the share price of Reliance Industries Ltd. (RELIANCE)?
RELIANCE closed at ₹1,311.00 on NSE on 4 Nov 2026, +0.24% on the day. stockER shows end-of-day prices, updated after the market closes.
What is the market cap of RELIANCE?
₹17.74 lakh cr, based on 1,353.25 crore shares and the latest closing price. That makes it #1 by size in the Nifty 50.
What are the PE and PB ratios of RELIANCE?
PE 21.61 on earnings per share of ₹60.68 over the last four quarters; PB 1.88 on the latest reported equity.
What is the 52-week high and low of RELIANCE?
High ₹1,611.80 on 5 Jan 2026, low ₹1,152.20 on 13 Oct 2026 (adjusted for bonuses and splits).
What is the dividend yield of RELIANCE?
0.46%: dividends of ₹6.00 per share with ex-dates in the last 12 months, divided by the latest price.
What return has RELIANCE given?
1 year −11.0%, 3 years +13.0%, 5 years +4.9% (price only, dividends not included).
Which sector is RELIANCE in?
NSE classifies Reliance Industries Ltd. under Oil Gas & Consumable Fuels. Other Nifty 50 companies in it: COALINDIA, ONGC.
Who owns RELIANCE?
On 30 Sep 2026, promoters held 50.44% and the public 49.56%.
How can I buy RELIANCE shares?
Through a SEBI-registered stockbroker with a demat and trading account. stockER is an information site only: it doesn't sell shares or recommend buying or selling any of them.


