Reliance IndustriesNSE: RELIANCEBSE: 500325Oil Gas & Consumable Fuels · Refineries & Marketing

₹1,307.8014.90 (1.15%)

Mkt Cap: ₹17.71 L Cr.
P/E (TTM): 23.44
Open: ₹1,295.00
Day's Range: ₹1,293.60 – ₹1,309.70
52W Range: ₹1,249.80 – ₹1,611.80
Div Yield: 0.47%
EPS (TTM): ₹55.25
Book Value: ₹668.05

Reliance Industries Financial Statements

Name: Reliance Industries Financials — historical data
Creator: StockeZee

For Mar 2026, Reliance Industries reported revenue of ₹10,75,675 crore and net profit of ₹80,775 crore. Return on equity stands at 8.91%. Profit & loss, balance sheet and cash flow across 8 reported years are below.

Updated 31 Jul 2026Source: NSE & BSE company filingsNifty 50 constituent

Latest year revenue: ₹10,75,675 Cr
EBITDA: ₹1,78,949 Cr
Operating margin: 16.64%
Profit after tax: ₹80,775 Cr
Net margin: 7.51%
EPS: ₹59.69
Latest year: Mar 2026
Years reported: 8

Reliance Industries profit & loss

Reported annual performance for Reliance Industries, oldest to newest. Figures in ₹ crore unless a row states otherwise.

Reliance Industries annual profit and loss statement. Figures in ₹ crore unless a row states otherwise.
Line item	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Revenue from Operations	5,81,020	6,11,645	4,86,326	7,21,634	8,92,944	9,14,472	9,80,136	10,75,675
Sales Growth YoY %	—	5.27%	-20.49%	48.38%	23.74%	2.41%	7.18%	9.75%
Other Income	8,635	13,956	16,327	14,947	11,826	16,057	17,978	28,962
Total Income	5,89,655	6,25,601	5,02,653	7,36,581	9,04,770	9,30,529	9,98,114	11,04,637
Cost of Goods Sold (COGS)	3,94,487	4,05,240	2,92,701	4,74,912	5,89,280	5,85,343	6,29,689	6,88,663
Cost of Materials Consumed	2,75,237	2,60,621	1,99,915	3,60,784	4,50,241	4,00,345	4,22,127	4,43,101
Purchases of Stock-in-Trade	1,23,930	1,49,667	1,01,850	1,35,585	1,69,302	1,89,881	2,22,686	2,55,829
Changes in Inventories	-4,680	-5,048	-9,064	-21,457	-30,263	-4,883	-15,124	-10,267
Gross Profit	1,86,533	2,06,405	1,93,625	2,46,722	3,03,664	3,29,129	3,50,447	3,87,012
Gross Margin %	32.1%	33.75%	39.81%	34.19%	34.01%	35.99%	35.75%	35.98%
Total Operating Expenses	1,02,615	1,18,188	1,12,888	1,36,262	1,60,756	1,66,896	1,85,003	2,08,063
Employee Benefit Expense	12,488	14,075	14,817	18,775	24,894	25,679	28,559	30,318
Other Expenses	90,127	1,04,113	98,071	1,17,487	1,35,862	1,41,217	1,56,444	1,77,745
EBITDA	83,918	88,217	80,737	1,10,460	1,42,908	1,62,233	1,65,444	1,78,949
OPM %	14.44%	14.42%	16.6%	15.31%	16%	17.74%	16.88%	16.64%
Total Non-Operating Expenses	37,429	39,786	53,403	47,217	59,890	73,950	77,405	84,749
Depreciation & Amortisation	20,934	22,203	26,572	29,797	40,319	50,832	53,136	57,688
Finance Costs	16,495	22,027	21,189	14,584	19,571	23,118	24,269	27,061
Exceptional Items (Before Tax)	0	-4,444	5,642	2,836	0	0	0	0
Profit Before Tax (PBT)	55,124	53,499	54,945	83,862	94,844	1,04,340	1,06,017	1,23,162
Tax Expense	15,390	13,726	1,722	16,297	20,713	25,707	25,230	27,552
Current Tax	11,683	8,630	2,205	3,161	8,725	13,590	12,758	9,736
Deferred Tax	3,707	5,096	-483	13,136	11,988	12,117	12,472	17,816
Effective Tax %	27.92%	25.66%	3.13%	19.43%	21.84%	24.64%	23.8%	22.37%
Total Profit for Period	39,837	39,880	53,739	67,845	74,088	79,020	81,309	95,754
Less: Non-controlling Interests	249	526	4,611	7,140	7,386	9,399	11,661	14,979
Net Profit (Owner's PAT)	39,588	39,354	49,128	60,705	66,702	69,621	69,648	80,775
Net Profit Margin %	6.81%	6.43%	10.1%	8.41%	7.47%	7.61%	7.11%	7.51%
PAT Growth YoY %	—	-0.59%	24.84%	23.56%	9.88%	4.38%	0.04%	15.98%
Earnings Per Share (EPS)	₹29.28	₹29.1	₹36.33	₹44.86	₹49.29	₹51.45	₹51.47	₹59.69
Diluted Shares Outstanding (Cr.)	1,352	1,352	1,352	1,353	1,353	1,353	1,353	1,353
Profit/Loss from Associates	103	107	516	280	-43	387	522	144
Other Comprehensive Income (Net of Tax)	58,765	15,293	33,798	22,260	-18,812	3,669	-2,436	-11,547
Expenses	5,34,531	5,72,102	4,47,708	6,52,719	8,09,926	8,26,189	8,92,097	9,81,475
Material Cost %	47.37%	42.61%	41.11%	50%	50.42%	43.78%	43.07%	41.19%
Employee Cost %	2.15%	2.3%	3.05%	2.6%	2.79%	2.81%	2.91%	2.82%
Other Cost %	15.51%	17.02%	20.17%	16.28%	15.22%	15.44%	15.96%	16.52%
Interest Coverage (x)	3.82	3	2.56	5.53	5.24	4.82	4.63	4.48

Reliance Industries revenue and profit trend

Reported annual revenue and net profit, oldest to newest. Two panels because the two measures live on different scales — one shared axis would distort both.

Reliance Industries balance sheet

Assets, liabilities and shareholders' equity as reported, in Schedule III order. Figures in ₹ crore unless a row states otherwise.

Reliance Industries annual balance sheet with assets, liabilities and equity. Figures in ₹ crore unless a row states otherwise.
Line item	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Total Equity	3,95,392	4,61,347	7,99,432	8,88,984	9,34,162	9,25,788	10,09,626	10,85,866
Equity Share Capital	5,926	6,339	6,445	6,765	6,766	6,766	13,532	13,532
Reserves & Surplus	3,81,186	4,46,992	6,93,727	7,72,720	8,14,387	7,86,715	8,29,668	8,90,498
Total Equity	3,95,392	4,61,347	7,99,432	8,88,984	9,34,162	9,25,788	10,09,626	10,85,866
Non-Current Liabilities	2,89,692	2,91,652	2,44,212	3,02,019	3,82,810	4,32,831	4,86,758	5,51,020
Long-term Borrowings	2,07,506	1,97,631	1,63,683	1,87,699	1,83,176	2,22,712	2,36,899	2,70,751
Deferred Tax Liabilities	49,923	54,123	37,001	49,644	60,327	72,241	83,453	97,961
Non-Current Provisions	2,856	1,790	2,625	1,853	1,607	2,044	28,304	21,793
Other Non-Current Liabilities	19,387	19,304	19,339	608	919	4,480	5,641	6,932
Non-Current Financial Liabilities	2,17,526	2,16,435	1,85,247	2,49,914	3,19,957	3,54,066	3,69,360	4,24,334
Current Liabilities	3,14,023	4,12,916	2,77,568	3,08,662	3,96,534	3,97,367	4,53,737	5,41,254
Short-term Borrowings	64,436	93,786	60,081	78,606	1,31,532	1,01,910	1,10,631	1,03,670
Trade Payables	1,08,309	96,799	1,08,897	1,59,330	1,47,178	1,78,377	1,86,789	1,58,842
Current Financial Liabilities	2,59,796	3,35,363	2,42,030	2,85,142	3,51,423	3,39,994	3,59,466	3,34,553
Other Current Financial Liabilities	87,051	1,44,778	73,052	47,206	72,713	59,707	62,046	72,041
Other Current Liabilities	52,901	75,663	33,034	21,584	42,931	55,198	90,124	2,01,503
Current Provisions	1,326	1,890	2,504	1,936	2,180	2,175	4,147	5,198
Liabilities Held for Sale	3,299	—	—	—	—	—	—	—
Total Liabilities	6,07,014	7,04,568	5,21,780	6,10,681	7,79,344	8,30,198	9,40,495	10,92,274
Total Non-Current Assets	7,71,651	9,07,655	9,48,201	11,52,646	12,71,528	12,85,886	14,50,851	15,83,891
Property, Plant & Equipment (PPE)	3,02,115	4,35,920	4,51,066	5,00,454	5,70,543	6,06,084	6,83,102	7,51,087
Capital Work-in-Progress	1,50,178	59,096	71,171	68,052	1,17,259	1,52,382	1,69,710	1,92,287
Intangible Assets	84,262	86,479	79,980	1,14,335	1,39,050	1,58,912	2,91,761	3,45,246
Non-Current Investments	1,64,549	2,03,852	2,12,382	2,86,146	2,07,914	1,19,502	1,23,672	1,50,901
Loans – Non-Current	6,813	21,732	2,484	1,588	1,525	899	742	826
Other Non-Current Assets	17,676	37,407	64,977	61,188	40,978	43,085	58,190	64,190
Non-Current Financial Assets	1,71,362	2,25,584	2,14,866	2,90,111	2,11,962	1,23,023	1,30,502	1,56,626
Net Fixed Assets	5,36,555	5,81,495	6,02,217	6,82,841	8,26,852	9,17,378	11,44,573	12,88,620
Total Current Assets	2,26,088	2,58,260	3,73,011	3,47,019	4,41,978	4,70,100	4,99,270	5,94,249
Inventories	67,561	73,903	81,672	1,07,778	1,40,008	1,52,770	1,46,062	1,66,941
Trade Receivables	30,089	19,656	19,014	23,640	28,451	31,628	42,121	58,491
Cash & Cash Equivalents	7,512	30,920	17,397	36,178	74,708	97,225	1,06,502	1,45,977
Current Investments	70,939	72,915	1,52,446	1,08,118	1,28,719	1,06,170	1,18,709	97,431
Loans – Current	545	669	65	130	217	2,517	5,182	4,870
Current Financial Assets	1,21,723	1,51,594	2,50,046	1,91,962	2,52,085	2,61,505	2,96,060	3,64,695
Other Current Assets	36,804	32,763	41,293	47,279	49,885	55,825	57,148	62,613
Other Current Financial Assets	12,638	27,434	61,124	23,896	19,990	23,965	23,546	57,926
Assets Held for Sale	4,667	—	—	—	—	—	—	—
Net Working Capital	-87,935	-1,54,656	95,443	38,357	45,444	72,733	45,533	52,995
Additional Asset Fields	13,056	10,916	1,00,407	1,10,542	1,14,552	1,33,245	1,66,834	1,82,430
Def Tax Assets	4,776	2,900	1,147	1,043	1,543	938	408	594
Non Controlling Int	8,280	8,016	99,260	1,09,499	1,13,009	1,32,307	1,66,426	1,81,836
Total Assets	10,02,406	11,65,915	13,21,212	14,99,665	17,13,506	17,55,986	19,50,121	21,78,140
Total Borrowings	2,71,942	2,91,417	2,23,764	2,66,305	3,14,708	3,24,622	3,47,530	3,74,421
Net Debt	2,64,430	2,60,497	2,06,367	2,30,127	2,40,000	2,27,397	2,41,028	2,28,444
Debt to Equity (x)	0.69	0.63	0.28	0.3	0.34	0.35	0.34	0.34
Current Ratio (x)	0.72	0.63	1.34	1.12	1.11	1.18	1.1	1.1

Reliance Industries cash flow statement

Cash generated and used across operating, investing and financing activities. Figures in ₹ crore unless a row states otherwise.

Reliance Industries annual cash flow statement across operating, investing and financing activities. Figures in ₹ crore unless a row states otherwise.
Line item	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Net Cash from Operating Activities	1,10,654	1,15,032	1,58,788	1,78,703	1,92,113
Profit Before Tax	83,862	94,844	1,04,340	1,06,017	1,23,162
Depreciation & Amortisation	29,797	40,319	50,832	53,136	57,688
Finance Costs	14,584	19,571	23,118	24,269	27,061
Working Capital Changes	725	-19,634	6,366	23,724	12,497
Tax Paid	-3,797	-6,297	-11,961	-11,925	-9,608
Net Cash from Investing Activities	-1,10,103	-91,235	-1,14,301	-1,37,535	-1,01,089
Purchase of PPE	-1,00,145	-1,40,988	-1,52,883	-1,39,967	-1,22,916
Sale of Fixed Assets	3,137	9,186	15,307	2,343	826
Interest Received	5,933	11,103	10,648	15,833	13,538
Net Cash from Financing Activities	17,289	10,455	-16,646	-31,891	-51,549
Proceeds from Borrowings	59,343	67,134	44,317	51,002	38,871
Repayment of Borrowings	-49,493	-29,059	-35,055	-31,755	-36,052
Interest Paid	-26,349	-21,650	-37,173	-41,024	-39,981
Dividend Paid	-4,297	-5,083	-6,089	-7,180	-7,879
Buyback / Redemption of Shares	0	0	0	0	0
Lease Liabilities Paid	-2,132	-1,406	-2,483	-2,956	-6,508
Net Change in Cash	17,840	34,252	27,841	9,277	39,475
Effect of Foreign Exchange Changes	0	0	0	0	0
Free Cash Flow	10,509	-25,956	5,905	38,736	69,197
CFO / PBT (x)	1.32	1.21	1.52	1.69	1.56

Reliance Industries key ratios

Valuation, profitability, return, leverage and per-share measures computed from reported statements — not from adjusted or normalised earnings.

Reliance Industries trades at a P/E of 23.44× against a sector median of 10.65× — a 120% premium. Sector comparisons can mislead for conglomerates with mixed business lines.

Reliance Industries valuation, profitability, return and leverage ratios
Ratio	Category	Value
P/E (TTM)	Valuation	23.44
Forward P/E	Valuation	18.45
P/B	Valuation	1.94
PEG (TTM)	Valuation	0.82
EV / EBITDA (TTM)	Valuation	12.35
P/S (TTM)	Valuation	1.55
Operating margin	Profitability	17%
Net margin (TTM)	Profitability	7.64%
Return on equity	Return ratios	8.91%
Return on capital employed	Return ratios	10.3%
Return on assets	Return ratios	3.67%
Debt to equity	Leverage & liquidity	0.45
Beta	Leverage & liquidity	1.09
EPS (TTM)	Per share	₹55.25
Book value	Per share	₹668.05
Revenue / share (TTM)	Per share	₹781.25
Cash flow / share	Per share	₹141.96
Dividend yield	Shareholder returns	0.47%
Dividend payout (TTM)	Shareholder returns	19.2%

How this is calculated

Statements are as filed with the exchanges. Consolidated figures are shown where reported. Figures are in rupees crore unless the table states otherwise. Ratios are computed from the same reported statements, not from adjusted or normalised earnings.

Index membership reflects the Nifty 100 as published by NSE Indices, effective 2026-03-30.

Reliance Industries: frequently asked questions

What is Reliance Industries's annual revenue?

Reliance Industries reported revenue of ₹10,75,675 crore in Mar 2026, up 9.7% on the previous financial year.

Is Reliance Industries profitable?

Reliance Industries reported a net profit of ₹80,775 crore in Mar 2026, up 16.0% on the previous financial year.

What is Reliance Industries's EPS?

Reliance Industries reported earnings per share of ₹59.69 for Mar 2026.

What is Reliance Industries's operating margin?

Reliance Industries's operating margin for Mar 2026 was 16.64%.

What is Reliance Industries's return on equity?

Reliance Industries's return on equity stands at 8.91%. ROE measures profit generated per rupee of shareholder equity.

How many years of Reliance Industries financials are shown?

8 reported financial years are tabulated on this page, the most recent being Mar 2026.

Are these figures consolidated or standalone?

Consolidated figures are shown wherever the company reports them, and standalone otherwise. The basis in use is labelled on the statement table.

More Reliance Industries data

Compare financial statements with peers

Explore

Comparing financial statements across companies is more useful than reading one in isolation — the peer links above open the same view for Reliance Industries’s closest listed competitors.

Disclaimer

The data, ratios and commentary about Reliance Industries Ltd (RELIANCE) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.