Reliance Industries (RELIANCE.NS) Stock Price

Reliance Industries Price

NSE·CLOSED
1,311.70INR-10.30 (-0.78 %)
Market closed

Over the last 19 years Reliance Industries grew revenue by 13.9% annually, reaching 9.80 T INR. Earnings per share have grown at 10.0% per year over the last 19 years. For Reliance Industries, the net margin of 7.1% is down versus 10.1% a few years ago. At today's price the dividend yield works out to roughly 0.42%. The payout ratio is around 11% of earnings. The consensus 12-month price target for Reliance Industries is 1,736.04 INR, about 32.4% above where the stock trades today. Of 42 analysts, 38 rate the stock a buy — an overall Buy consensus. The stock trades about 4% above its 52-week low.

Reliance Industries stock price

Volume
Ex-Dividend
Details

Stock Price

ⓘ

How to Read This Chart

This chart tracks the historical stock price of Reliance Industries over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Reliance Industries stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Reliance Industries's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Reliance Industries Stock Price History
DateReliance Industries Price
8/19/20261,311.70 INR
8/18/20261,322.00 INR
8/17/20261,316.00 INR
8/14/20261,310.00 INR
8/13/20261,314.10 INR
8/12/20261,329.00 INR
8/11/20261,323.90 INR
8/10/20261,327.30 INR
8/7/20261,334.80 INR
8/6/20261,325.00 INR
8/5/20261,280.00 INR
8/4/20261,305.70 INR
7/31/20261,307.80 INR
7/30/20261,281.90 INR
7/29/20261,275.90 INR
7/28/20261,274.10 INR
7/24/20261,278.00 INR
7/23/20261,273.90 INR
7/22/20261,288.60 INR
7/21/20261,303.70 INR
7/20/20261,323.10 INR
7/17/20261,327.20 INR
7/16/20261,296.60 INR
7/15/20261,295.50 INR
7/14/20261,293.00 INR
7/13/20261,296.90 INR
7/10/20261,307.80 INR
7/9/20261,279.80 INR
7/8/20261,275.90 INR
7/7/20261,308.40 INR
7/6/20261,321.30 INR
7/3/20261,303.80 INR
7/2/20261,303.50 INR
7/1/20261,308.00 INR
6/30/20261,293.90 INR
6/29/20261,301.00 INR
6/25/20261,318.10 INR
6/24/20261,313.60 INR
6/23/20261,309.50 INR
6/22/20261,326.50 INR
6/19/20261,311.50 INR
6/18/20261,331.00 INR
6/17/20261,332.10 INR
6/16/20261,328.60 INR
6/15/20261,310.70 INR
6/12/20261,296.40 INR
6/11/20261,264.50 INR
6/10/20261,277.20 INR
6/9/20261,269.20 INR
6/8/20261,263.30 INR
6/5/20261,291.00 INR
6/4/20261,303.70 INR
6/3/20261,312.60 INR
6/2/20261,314.60 INR
6/1/20261,320.00 INR
5/29/20261,321.20 INR
5/27/20261,350.50 INR
5/26/20261,356.30 INR
5/25/20261,367.00 INR
5/22/20261,354.50 INR
5/21/20261,349.60 INR
5/20/20261,319.00 INR
5/19/20261,322.70 INR
5/18/20261,335.90 INR
5/15/20261,336.40 INR
5/14/20261,361.80 INR
5/13/20261,358.80 INR
5/12/20261,364.00 INR
5/11/20261,388.20 INR
5/8/20261,435.20 INR
5/7/20261,436.20 INR
5/6/20261,437.90 INR
5/5/20261,463.60 INR
5/4/20261,463.10 INR
5/1/20261,430.80 INR
4/30/20261,430.80 INR
4/29/20261,425.40 INR
4/28/20261,388.90 INR
4/27/20261,365.80 INR
4/24/20261,327.80 INR
4/23/20261,343.40 INR
4/22/20261,362.10 INR
4/21/20261,353.30 INR
4/20/20261,363.30 INR
4/17/20261,365.00 INR
4/16/20261,343.30 INR
4/15/20261,344.10 INR
4/13/20261,315.10 INR
4/10/20261,350.20 INR
4/9/20261,330.00 INR
4/8/20261,347.80 INR
4/7/20261,304.60 INR
4/6/20261,304.70 INR
4/2/20261,350.50 INR
4/1/20261,369.50 INR
3/30/20261,348.30 INR
3/27/20261,348.00 INR
3/25/20261,413.80 INR
3/24/20261,414.00 INR
3/23/20261,404.00 INR
3/20/20261,413.60 INR
3/19/20261,384.80 INR
3/18/20261,407.20 INR
3/17/20261,394.80 INR
3/16/20261,394.00 INR
3/13/20261,382.10 INR
3/12/20261,390.00 INR
3/11/20261,386.80 INR
3/10/20261,410.90 INR
3/9/20261,418.60 INR
3/6/20261,404.80 INR
3/5/20261,386.40 INR
2/27/20261,394.90 INR
2/26/20261,409.00 INR
2/24/20261,431.10 INR
2/23/20261,425.00 INR
2/20/20261,419.10 INR
2/19/20261,409.50 INR
2/18/20261,441.00 INR
2/17/20261,424.20 INR
2/16/20261,434.10 INR
2/13/20261,418.60 INR
2/12/20261,449.90 INR
2/11/20261,469.00 INR
2/10/20261,456.20 INR
2/9/20261,461.20 INR
2/6/20261,451.00 INR
2/5/20261,443.40 INR
2/4/20261,455.40 INR
2/3/20261,438.00 INR
2/2/20261,388.00 INR
1/30/20261,395.40 INR
1/29/20261,386.90 INR
1/28/20261,396.70 INR
1/27/20261,380.50 INR
1/23/20261,387.00 INR
1/22/20261,402.50 INR
1/21/20261,407.50 INR
1/20/20261,392.40 INR
1/19/20261,413.20 INR
1/16/20261,457.90 INR
1/14/20261,458.80 INR
1/13/20261,456.90 INR
1/12/20261,484.00 INR
1/9/20261,476.00 INR
1/8/20261,470.70 INR
1/7/20261,505.10 INR
1/6/20261,508.90 INR
1/5/20261,578.10 INR
1/2/20261,593.00 INR
1/1/20261,572.90 INR
12/31/20251,569.00 INR
12/30/20251,539.80 INR
12/29/20251,546.70 INR
12/26/20251,560.00 INR
12/24/20251,558.20 INR
12/23/20251,569.00 INR
12/22/20251,577.00 INR
12/19/20251,564.90 INR
12/18/20251,544.40 INR
12/17/20251,545.10 INR
12/16/20251,542.30 INR
12/15/20251,556.20 INR
12/12/20251,556.50 INR
12/11/20251,545.00 INR
12/10/20251,536.90 INR
12/9/20251,529.40 INR
12/8/20251,539.90 INR
12/5/20251,544.60 INR
12/4/20251,525.30 INR
12/3/20251,539.10 INR
12/2/20251,548.30 INR
12/1/20251,566.50 INR
11/28/20251,569.00 INR
11/27/20251,564.80 INR
11/26/20251,569.60 INR
11/25/20251,540.00 INR
11/24/20251,534.90 INR
11/21/20251,543.70 INR
11/20/20251,549.50 INR
11/19/20251,519.00 INR
11/18/20251,520.00 INR
11/17/20251,518.00 INR
11/14/20251,518.20 INR
11/13/20251,512.10 INR
11/12/20251,511.80 INR
11/11/20251,493.80 INR
11/10/20251,490.10 INR
11/7/20251,480.00 INR
11/6/20251,494.80 INR
11/4/20251,471.10 INR
11/3/20251,484.70 INR
10/31/20251,487.00 INR
10/30/20251,489.50 INR
10/29/20251,504.00 INR
10/28/20251,486.90 INR
10/27/20251,483.20 INR
10/24/20251,451.10 INR
10/23/20251,448.00 INR
10/21/20251,461.00 INR
10/20/20251,467.90 INR
10/17/20251,419.10 INR
10/16/20251,398.50 INR
10/15/20251,374.30 INR
10/14/20251,375.90 INR
10/13/20251,376.00 INR
10/10/20251,380.90 INR
10/9/20251,377.80 INR
10/8/20251,367.30 INR
10/7/20251,384.50 INR
10/6/20251,374.90 INR
10/3/20251,363.30 INR
10/1/20251,370.00 INR
9/30/20251,364.00 INR
9/29/20251,372.80 INR
9/26/20251,377.60 INR
9/25/20251,372.40 INR
9/24/20251,383.00 INR
9/23/20251,390.50 INR
9/22/20251,390.90 INR
9/19/20251,407.40 INR
9/18/20251,415.00 INR
9/17/20251,413.00 INR
9/16/20251,405.90 INR
9/15/20251,399.30 INR
9/12/20251,395.00 INR
9/11/20251,382.10 INR
9/10/20251,377.50 INR
9/9/20251,376.10 INR
9/8/20251,378.90 INR
9/5/20251,375.00 INR
9/4/20251,359.10 INR
9/3/20251,372.00 INR
9/2/20251,367.50 INR
9/1/20251,353.90 INR
8/29/20251,356.00 INR
8/28/20251,390.90 INR
8/26/20251,383.80 INR
8/25/20251,413.70 INR
8/22/20251,409.90 INR
Access this data via the Eulerpool API
Get Free API Key

Reliance Industries Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2023
8.91 T INR
1.02 T INR
667.02 B INR
Jan 1, 2024
9.14 T INR
1.12 T INR
696.21 B INR
Jan 1, 2025
9.80 T INR
1.12 T INR
696.48 B INR
Jan 1, 2026 (e)
10.17 T INR
1.51 T INR
814.78 B INR
Jan 1, 2027 (e)
12.12 T INR
1.80 T INR
853.42 B INR
Jan 1, 2028 (e)
12.60 T INR
1.87 T INR
962.23 B INR
Jan 1, 2029 (e)
13.54 T INR
2.01 T INR
1.07 T INR
Jan 1, 2030 (e)
13.33 T INR
1.98 T INR
1.12 T INR

Reliance Industries Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 21, 2026, 10:01 PM
 
REVENUET INR
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMET INR
EBITT INR
EBIT MARGIN%
NET INCOMET INR
NET INCOME GROWTH%
DIV.INR
DIV. GROWTH%
SHARESB
201520162017201820192020202120222023202420252026e2027e2028e2029e2030e
3.752.933.304.085.836.124.867.188.919.149.8010.1712.1212.6013.5413.33
-13.59-21.8812.5723.6542.824.90-20.4947.5624.202.607.183.8019.163.927.45-1.51
16.6723.4323.0125.4225.8327.8631.9027.4828.1631.0130.8830.8830.8830.8830.8830.88
0.630.690.761.041.511.701.551.972.512.843.033.143.743.894.184.12
0.260.300.350.480.650.670.540.791.021.121.121.511.801.872.011.98
6.9610.1410.6011.6711.0710.8811.0011.0411.5012.2211.4514.8814.8814.8814.8814.88
0.240.300.300.360.400.390.490.610.670.700.700.810.850.961.071.12
4.7726.220.5220.659.74-0.5924.8423.569.884.380.0416.984.7412.7511.694.51
10.0010.5011.006.006.506.507.008.009.0010.005.505.506.116.79––
5.265.004.76-45.458.33–7.6914.2912.5011.11-45.00–11.0911.13––
11.8811.9211.9411.9611.9612.5113.0613.3613.5313.5313.5313.5313.5313.5313.5313.53
Details

Income Statement Key Figures

ⓘ

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Reliance Industries generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Reliance Industries retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Reliance Industries's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Reliance Industries has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Reliance Industries's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Reliance Industries stock margins

The Reliance Industries margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Reliance Industries. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Reliance Industries.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
31.90 %
11.00 %
10.10 %
Jan 1, 2022
27.48 %
11.04 %
8.46 %
Jan 1, 2023
28.16 %
11.50 %
7.48 %
Jan 1, 2024
31.01 %
12.22 %
7.61 %
Jan 1, 2025
30.88 %
11.45 %
7.11 %
Jan 1, 2026 (e)
30.88 %
14.88 %
8.01 %
Jan 1, 2027 (e)
30.88 %
14.88 %
7.04 %
Jan 1, 2028 (e)
30.88 %
14.88 %
7.64 %

Reliance Industries Stock Revenue, EBIT, Earnings per Share

The Reliance Industries earnings per share therefore indicates how much revenue Reliance Industries has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
372.26 INR
40.96 INR
37.60 INR
Jan 1, 2022
537.02 INR
59.30 INR
45.43 INR
Jan 1, 2023
658.65 INR
75.73 INR
49.29 INR
Jan 1, 2024
675.76 INR
82.60 INR
51.45 INR
Jan 1, 2025
724.29 INR
82.97 INR
51.47 INR
Jan 1, 2026 (e)
751.83 INR
111.84 INR
60.21 INR
Jan 1, 2027 (e)
895.91 INR
133.28 INR
63.07 INR
Jan 1, 2028 (e)
930.99 INR
138.50 INR
71.11 INR

Reliance Industries business model & stock analysis

Reliance Industries Ltd is an Indian company founded by Dhirubhai Ambani in 1966. It is based in Mumbai and is the largest private sector company in India. RIL has a wide portfolio of products and services in the fields of energy, petrochemicals, textiles, retail, and telecommunications. The company has experienced tremendous expansion in recent decades and is now a major player in the global market.

Reliance Industries SWOT Analysis

Strengths

Reliance Industries Ltd (RIL) is one of India's largest conglomerates, with a diversified business portfolio spanning across various industries such as petrochemicals, refining, oil and gas exploration, retail, telecommunications, and more. This diversification helps RIL to mitigate risks and capitalize on multiple revenue streams.

The company possesses a strong brand reputation and market presence in India. Its flagship brand, Reliance, is well recognized and trusted by consumers. This brand strength gives RIL a competitive advantage over its peers.

RIL benefits from its extensive infrastructure and distribution network, allowing it to efficiently reach and serve customers across the country. Its robust supply chain management and logistics capabilities contribute to operational efficiency.

The company has significant financial resources, enabling it to fund large-scale projects and investments in research and development. This financial strength is a key enabler for RIL's growth strategies and expansion plans.

Weaknesses

RIL heavily relies on its refining and petrochemicals businesses for a significant portion of its revenue. This concentration exposes the company to fluctuations in commodity prices and market demand, making it vulnerable to industry risks.

The conglomerate has faced criticism and legal challenges regarding certain business practices, which could impact its reputation and lead to potential regulatory and compliance issues.

Opportunities

RIL has opportunities for growth through further expansion into new sectors and markets. It can leverage its expertise and resources to diversify its revenue streams and enter promising industries such as renewable energy, digital services, and e-commerce.

The Indian market offers immense potential for RIL, as the country continues to experience economic growth and rising consumer demand. By catering to the evolving needs and preferences of Indian consumers, the company can capture a larger market share and drive revenue growth.

Threats

Intense competition from domestic and international players poses a threat to RIL's market position. Constant innovation and differentiation are crucial to staying ahead in the highly competitive business landscape.

Changes in government policies, regulations, and taxation can impact RIL's operations and profitability. The company must closely monitor and navigate the evolving regulatory environment to mitigate potential risks.

Economic uncertainties, volatile global markets, and geopolitical tensions can affect RIL's business performance. Adapting to changing market conditions and effectively managing risks will be key to maintaining stability and sustaining growth.

Reliance Industries Eulerpool Fair Value

Details

Fair Value Estimate

ⓘ

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Reliance Industries historical P/E ratio, EBIT multiple, and P/S ratio

Reliance Industries annual returns

Details

Annual Return

ⓘ

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Reliance Industries shares outstanding

The number of shares of Reliance Industries was 13.53 B in 2025. This indicates how many shares Reliance Industries is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
13.06 B Stocks
Jan 1, 2022
13.36 B Stocks
Jan 1, 2023
13.53 B Stocks
Jan 1, 2024
13.53 B Stocks
Jan 1, 2025
13.53 B Stocks
Jan 1, 2026 (e)
13.53 B Stocks
Jan 1, 2027 (e)
13.53 B Stocks
Jan 1, 2028 (e)
13.53 B Stocks

Reliance Industries stock splits

In Reliance Industries's history, there have been no stock splits.

Reliance Industries Dividend History

31 years of dividend payments

YearAnnual DividendYoY ChangePayments
20255.50INR↓ 45.0%1×
Aug 14, 20255.50INR↓ 45.0%1/1
202410.00INR↑ 11.1%1×
20239.00INR↑ 12.5%1×
20228.00INR↑ 14.3%1×
20217.00INR↑ 7.7%1×
20206.50INR 0.0%1×
20196.50INR↑ 8.3%1×
20186.00INR↓ 45.5%1×
201711.00INR↑ 4.8%1×
201610.50INR↑ 5.0%1×

Reliance Industries dividend history and estimates

In 2025, Reliance Industries paid a dividend amounting to 5.50 INR. Dividend means that Reliance Industries distributes a portion of its profits to its owners.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2021
7.00 INR
0.00 INR
Jan 1, 2022
8.00 INR
0.00 INR
Jan 1, 2023
9.00 INR
0.00 INR
Jan 1, 2024
10.00 INR
0.00 INR
Jan 1, 2025
5.50 INR
0.00 INR
Jan 1, 2026
5.50 INR
0.00 INR
Jan 1, 2027 (e)
0.00 INR
6.11 INR
Jan 1, 2028 (e)
0.00 INR
6.79 INR

Reliance Industries dividend payout ratio

In 2025, Reliance Industries had a payout ratio of 10.69%. The payout ratio indicates the percentage of the company's profits that Reliance Industries distributes as dividends.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
9.31 %
Jan 1, 2022
8.81 %
Jan 1, 2023
9.13 %
Jan 1, 2024
9.72 %
Jan 1, 2025
10.69 %
Jan 1, 2026 (e)
9.13 %
Jan 1, 2027 (e)
9.69 %
Jan 1, 2028 (e)
9.55 %

Current Reliance Industries forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
1.01 %
Buy
90.48 % (38)
Hold
4.76 % (2)
Sell
4.76 % (2)
12M Price Target
1,736.04
Last Price
1,313.20
Currency
INR
12M Return Potential
32.20 %
LTM Return
0 %

Reliance Industries Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
4/19/202434.16INR-2.12 TINR-2024 Q4
1/18/202429.98INR-2.47 TINR-2024 Q3

EESG©

Eulerpool ESG Scorecard© for the Reliance Industries stock

63/100
52
Environment
64
Social
72
Governance
E

Environment

20
Scope 1 - Direct Emissions36,900,275
Scope 2 - Indirect emissions from purchased energy781,764
Scope 3 - Indirect emissions within the value chain—
Total CO₂ emissions45,200,000
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides—
Palm Oil
Tobacco
Genetically modified organisms
Climate concept—
Sustainable forestry—
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees21.4
Percentage of women in management—
Percentage of Asian employees—
Share of Asian management—
Percentage of Hispanic/Latino employees—
Hispano/Latino Management share—
Percentage of Black employees—
Black Management Share—
Percentage of white employees—
White Management Share—
Adult content
Alcohol
Weapons—
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept—
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Reliance Industries shareholder structure

% Name
0.00174%
STANLEY-LAMAN GROUP, LTD.
STANLEY-LAMAN GROUP, LTD.

Reliance Industries Beneficial Ownership Filings (SEC 13D/G)

Free Float
49.1%
Float Shares
-
Shares Outstanding
-

Reliance Industries Executives and Management Board

16 members · avg. age 66 · 19 % women

SA

Shri. Mukesh Ambani (67)

Executive Chairman of the Board, Managing Director · since 2002

150.00 M INR

Management

SV

Shri. Srikanth Venkatachari

Chief Financial Officer

128.90 M INR
SP

Ms. Savithri Parekh

Company Secretary, Compliance Officer

–

Board of Directors

SM

Shri. Hital Meswani

Executive Director · since 1995

254.20 M INR
SM

Shri. Nikhil Meswani (58)

Executive Director · since 1986

253.10 M INR
SS

Shri. Panda Sivaprasad (72)

Executive Director · since 2009

179.30 M INR
SC

Shri. Kosaraju Chowdary

Non-Executive Independent Director

26.60 M INR
SG

Shri. Raminder Gujral (70)

Non-Executive Independent Director

25.50 M INR
SB

Dr. Shumeet Banerji

Non-Executive Independent Director

24.70 M INR

Frequently asked questions about Reliance Industries

Reliance Industries Ltd is primarily present in India.

The business model of Reliance Industries Ltd. is diversified and operates across various industries. It is primarily engaged in refining, petrochemicals, oil and gas exploration and production, and retail businesses. Reliance Industries Ltd. focuses on creating value chain integration to drive growth and profitability. Their activities span the entire energy and materials value chain, from exploration and production of oil and gas to refining and marketing of petroleum products, including petrochemicals, polyester intermediates, textile, and oilseed crushing. Additionally, Reliance Industries Ltd. operates one of the largest organized retail businesses in India, offering a wide range of products and services.

Reliance Industries Ltd is primarily active in multiple industries such as petrochemicals, refining, oil and gas exploration, telecommunications, and retail.

The main competitors of Reliance Industries Ltd in the market include companies such as ExxonMobil, BP, Chevron Corporation, Royal Dutch Shell, and Saudi Aramco. These industry giants compete with Reliance Industries Ltd in various sectors, including oil refining, petrochemicals, textiles, and telecommunications. Reliance Industries Ltd maintains a competitive edge through its vast business portfolio, technological advancements, and strategic partnerships. Despite the fierce competition, Reliance Industries Ltd has established itself as a prominent player in the market, consistently striving for innovation and growth.

Reliance Industries Ltd has a rich history and background. Established in 1966 by Dhirubhai Ambani, the company started as a small textile manufacturer in India. Over the years, it underwent rapid expansion and diversification, becoming one of the largest conglomerates globally. Reliance Industries operates in various sectors including petrochemicals, refining, oil and gas exploration, and telecommunications. It has achieved numerous milestones, such as commissioning the world's largest refining complex and establishing a robust retail business. With a strong focus on innovation, Reliance Industries has consistently delivered value to its shareholders and emerged as a leader in the Indian market.

Reliance Industries Ltd has achieved several significant milestones throughout its operations. One notable achievement is its establishment as one of India's largest companies by market capitalization. The company has diversified its interests into various sectors, including petrochemicals, refining, oil and gas exploration, retail, and telecommunications. Reliance Industries Ltd has also marked several record-breaking achievements, such as becoming the first Indian company to reach a market capitalization of $100 billion. Furthermore, it has played a crucial role in transforming India's telecommunications landscape with the launch of Reliance Jio, a leading telecommunications service provider. These milestones highlight Reliance Industries Ltd's prominence and success in various sectors of the Indian economy.

Reliance Industries Ltd represents values such as integrity, customer focus, innovation, and excellence. With a strong corporate philosophy, the company strives to create value for its stakeholders. It emphasizes a long-term vision, leading to sustained and inclusive growth. Reliance Industries Ltd prioritizes ethical business practices, commitment to quality, and seamless integration across its various businesses. The company's relentless pursuit of growth and innovative solutions contributes to its position as a global leader in diverse sectors such as petrochemicals, refining, oil & gas exploration, telecommunications, and retail. Reliance Industries Ltd is committed to driving economic development while creating value for shareholders, customers, employees, and society as a whole.

Analysts currently set an average price target of 1,753.94 INR for the Reliance Industries stock (median: 1,736.04 INR), implying +33.6 % versus the latest price. The consensus is based on 42 analyst ratings.

Reliance Industries Analyst Price Targets 2026

42 analysts currently rate the Reliance Industries stock: 38 recommend buying, 2 holding and 2 selling. For 2026, analysts expect Reliance Industries to generate revenue of 10.17 T INR and earnings per share of 60.21 INR.

Reliance Industries Analyst Price Targets 2026

Converted at the current exchange rate, the Reliance Industries share trades at 11.73 EUR (1,311.70 INR).

Reliance Industries Ltd. is an Indian company with diverse business fields such as oil and gas exploration, refineries, petrochemicals, retail, and telecommunications. The company was founded in 1957 by Dhirubhai Ambani and has its headquarters in Mumbai. The oil and gas exploration is one of the most significant areas of the company, which also generates the highest income. Reliance Industries Ltd. owns and operates several exploration fields in the Indian Ocean and the Gulf of Cambodia. Oil and gas production represent approximately 80% of the company's income. The refinery division of Reliance Industries Ltd. is one of the largest refinery operations in the world and produces gasoline, diesel, aviation fuels, lubricants, and petrochemicals, among other products. An important role is played by exports to India and other countries, as well as partnerships with other companies to achieve success together. The petrochemical division produces various chemicals that are needed in a wide range of industries. Reliance Industries Ltd. offers a wide range of products to meet the industry's needs. The products are exported worldwide in addition to India. In the retail sector, the company has positioned itself as a reliable and affordable provider in the Indian market. With the acquisition of the retail company "Reliance Retail" in 2006, Reliance has created one of the largest retail chains in the country. Here, among other things, food, clothing, electronics, and books are offered. The telecommunications sector is the newest business area of Reliance Industries Ltd. and is particularly focused on India. With the launch of "Jio" in 2016, Reliance Industries Ltd. has conquered the market for mobile telephony and broadband connections and revolutionized the offering of affordable mobile tariffs. To round out its business model, Reliance Industries Ltd. established a joint venture with Facebook in 2020 called "Jio Platforms." This was done to expand the telecommunications infrastructure and includes artificial intelligence, virtual reality, drones, cloud applications, and much more. Overall, the business model of Reliance Industries Ltd. is diversified and profitable. It is focused on various areas to achieve a stable distribution of revenue. Through diversification into numerous industries, the company has been able to strengthen and expand its position as a market leader in many areas. It has also managed to maintain strong operational efficiency and innovative business practices, thereby gaining a firm foothold in the global competition.

The expected revenue of Reliance Industries is 10.17 T INR. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Reliance Industries is 814.78 B INR. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Reliance Industries is currently 21.79. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Reliance Industries stock.

The price-to-sales ratio (P/S) of Reliance Industries is currently 1.74. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Reliance Industries stock.

The Eulerpool Quality Score for Reliance Industries is 7/10.

The ISIN of Reliance Industries is INE002A01018. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Reliance Industries is 946078. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Reliance Industries is RELIANCE.NS. The ticker symbol is used to trade Reliance Industries shares on the stock exchange.

Over the past 12 months, Reliance Industries paid a dividend of 5.50 INR . This corresponds to a dividend yield of about 0.42 %. For the coming 12 months, Reliance Industries is expected to pay a dividend of 6.11 INR.

The current dividend yield of Reliance Industries is 0.42 %.

Reliance Industries pays a dividend, distributed in the months of , , , .

Reliance Industries paid dividends every year for the past 31 years.

For the upcoming 12 months, dividends amounting to 6.11 INR are expected. This corresponds to a dividend yield of 0.47 %.

Reliance Industries is assigned to the 'Energy' sector.

To receive the latest dividend of Reliance Industries from amounting to 5.5 INR, you needed to have the stock in your portfolio before the ex-date on .

The last dividend was paid out on .

In the year 2025, Reliance Industries distributed 4.5 INR as dividends.

The dividends of Reliance Industries are distributed in INR.

All fundamentals and in-depth analysis of Reliance Industries

Our stock analysis for Reliance Industries stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Reliance Industries. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.

Reliance Industries Stock
Reliance Industries Revenue→
Reliance Industries Stock
Reliance Industries Net Income→
Reliance Industries Stock
Reliance Industries P/E→
Reliance Industries Stock
Reliance Industries P/S→
Reliance Industries Stock
Reliance Industries EBIT→
Reliance Industries Stock
Reliance Industries Dividend→
Reliance Industries Stock
Reliance Industries Directors Dealings→
Reliance Industries Stock
Reliance Industries Stocks→
Reliance Industries Stock
Reliance Industries Market capitalization→
Reliance Industries Stock
Reliance Industries Debt→
Reliance Industries Stock
Reliance Industries Liabilities→
Reliance Industries Stock
Reliance Industries Equity→
Reliance Industries Stock
Reliance Industries AAQS→
Reliance Industries Stock
Reliance Industries Employees→
Reliance Industries Stock
Reliance Industries ROE→
Reliance Industries Stock
Reliance Industries ROA→
Reliance Industries Stock
Reliance Industries ROCE→
Reliance Industries Stock
Reliance Industries News→
Reliance Industries Stock
Reliance Industries Analyst Price Targets→

Energy Stocks

Renascor ResourcesReliance Industrial InfrastructureReoStar EnergyReGen IIIRepsolRefuelsReserve PetroleumRefinaria de Petroleos de Manguinhos SA em Recuperacao JudicialResGenRed Sky EnergyResgreen Group InternationalReconnaissance Energy (Africa)All Stocks A–Z →