ALFA Finder| Margins | Transactions priced at market rates, cost plus margin, or trade parity. |
|---|---|
| Demand visibility | High for retail and telecom services through FY28. |
| Management confidence | High; emphasizes robust RPT governance and arm's length pricing. |
Growth
Higher transaction limits proposed for FY27 and FY28 to reflect increased business activity and expanding product portfolios.
Outlook
Significant transaction value projections for FY27/28, including ₹2.2 lakh crore for Jio recharge vouchers and expanded fuel retailing.
Risks
Exposure to dollar-linked energy market volatility and potential risks in inter-company dependence for critical infrastructure.
Last quarter's promises, checked
Delivered
- Targeted 20,000 store milestone → reached 20,000+ stores (= BEAT)
- Guided 5G user growth → reached 268M subscribers (= BEAT)
- Targeted 100% one-day installation for AirFiber → achieved >90% (= BEAT)
Partly delivered
- Guided IPO timeline for H1 2026 → management states it is 'imminent' but no DRHP filed (= PARTIAL)
Missed
- Guided 12-14% E&P production decline → delivered 8% decline (= BEAT/MISS on stability)
Earnings Call filed with BSE, NSE: RELIANCE. Summary written with AI assistance from the document.
Reliance Industries Ltd: key numbers
- Share price
- ₹1,335.40
- Market cap
- ₹18,07,135 Cr
- Revenue (annual)
- ₹10,57,035 Cr
- Net profit (annual)
- ₹80,775 Cr
- P/E (TTM)
- 22.0×Sector 17.5×
- Promoter holding
- 50.44%-0.04% QoQ
- FII holding
- 16.67%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Reliance Industries Ltd
All →Reliance Industries Debt & Borrowing: ₹1,558 Cr
Reliance Industries paid Rs.1,558 Crore interest on its Series PPD secured NCDs on 11 November 2026. Coupon is 7.79% on the Rs.20,000 Crore issue.
- Value
- ₹1,558 Cr
Reliance Industries Debt & Borrowing: ₹178.1 Cr
Reliance Industries paid Rs 178.11 Crore interest on its unsecured NCDs (Series PPD H) on November 9, 2026, the due date. No delay is reported.
- Value
- ₹178.1 Cr
Reliance Industries Credit Rating
Reliance Industries disclosed that S&P Global Ratings reaffirmed its 'A-' rating with a Stable outlook on its US$ senior unsecured fixed rate notes. The rating action was published on November 3, 2026.
Reliance Industries Earnings Call Transcript: Key Takeaways
Record Q2: consolidated EBITDA ₹62,409 Cr (+24%) and PAT near ₹30,000 Cr (+34%), driven by an O2C windfall from energy disruption. Retail EBITDA fell about 11%.
Reliance Industries Investor Presentation: Key Takeaways
Q2 FY27 consolidated revenue ₹362,268 Cr (+27.8% YoY), EBITDA ₹62,409 Cr (+23.9%), PAT ₹29,550 Cr (+33.8%); record O2C-led quarter.
Reliance Industries Results Update
Reliance Industries' media release reports Q2 FY27 consolidated revenue of ₹3,62,268 crore and EBITDA of ₹62,409 crore. Profit after tax rose 33.8% year-on-year.