Overview
Reliance Industries combines energy and industrial operations with major retail and digital businesses, giving it a broader profile than a conventional oil and gas company. Its scale and reported revenue growth are notable, but a modest profit margin, no current dividend yield and a share price near its 52-week low make profitability and recent price weakness important parts of the picture for Australian investors.
Reliance Industries is a large, diversified Indian company with a market capitalisation of 16.3T. Its businesses span oil and gas exploration, refining and marketing, petrochemicals and advanced materials, alongside retail, digital services, media and other activities. This breadth gives the company exposure to both industrial and consumer markets, though its energy and chemicals operations remain important parts of the business mix. Reported trailing revenue is INR 11.3T, with revenue growth of 29.70% in the supplied figures. Profit margin is 6.61%, underscoring that the scale of sales needs to be considered alongside the profitability of those sales.
Key facts
- Ticker
- RELIANCE
- Exchange
- NSE
- ISIN
- INE002A01018
- Sector
- Energy
- Industry
- Oil & Gas Refining & Marketing
- Country
- India
- Currency
- INR
- Price
- INR 1,170.90
- Previous close
- INR 1,178.00
- Day change
- -INR 7.10 (-0.60%)
- Market cap
- 16.3T
- 52W low
- INR 1,160.20
- 52W high
- INR 1,604.38
Price and trend
Last price: INR 1,170.90
- Price
- INR 1,170.90
- 52W range
- INR 1,160.20 – INR 1,604.38
- 50-day SMA
- INR 1,273.33
- 200-day SMA
- INR 1,345.69
- Price vs 50D SMA
- -8.04%
- Price vs 200D SMA
- -12.99%
Valuation
- P/E
- 21.33
- PEG
- 0.82
- EPS
- 55.22
- Dividend yield
- 0.00%
- Beta
- 0.19
Reliance trades on a price-to-earnings ratio of 21.33, while its PEG ratio is 0.82. These measures provide a valuation reference, but need to be read in light of the company’s diverse businesses and the cyclicality of its energy and chemicals exposure. Earnings per share are INR 55.22. The reported revenue growth is strong, but the 6.61% profit margin and absence of a dividend yield mean investors should distinguish business scale and growth from profit conversion and income return.
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Profitability and growth
- Revenue growth
- 29.70%
- Revenue TTM
- 11.3T
- Profit margin
- 6.61%
Analyst view
Comparison uses the last price shown; targets are analyst estimates.
- Price
- INR 1,170.90
- Target price
- INR 1,674.60
- Target vs last price
- 43.02% from last price
The supplied analyst target price is INR 1,674.60, 43.02% from the last price. This is a secondary reference point rather than a dependable prediction: a target cannot remove the uncertainty around commodity cycles, business execution or market conditions. The current market price and company fundamentals remain the more useful context for assessing the share.
Risks
Reliance’s mix of refining, oil and gas, petrochemicals, retail and digital services diversifies its operations, but also leaves it exposed to different market and execution risks. Energy and chemicals can be sensitive to commodity prices and industry cycles, while retail and digital expansion bring competition and investment demands. The 6.61% profit margin indicates that reported revenue does not translate directly into a similarly large share of profit. The share price is close to its 52-week low and below both supplied moving averages, a weak recent technical backdrop that may add to volatility. Australian investors should also consider that the shares are priced in Indian rupees, so currency movements can affect returns measured in Australian dollars.
FAQ
What does Reliance Industries do?
Reliance Industries operates across oil and gas, refining and petrochemicals, retail, digital services and other businesses. Its activities range from energy and industrial materials to stores, connectivity and media.
Does Reliance Industries pay a dividend?
The supplied data shows a dividend yield of 0.00% and dividend per share of zero, so it does not currently show a dividend contribution.
How does the share price compare with its recent range and moving averages?
At INR 1,170.90, the share price is close to its 52-week low of INR 1,160.20 and below its 52-week high of INR 1,604.38. It is also 8.04% below its 50-day moving average and 12.99% below its 200-day moving average.
*This content is aimed to provide general information only, and does not take your personal objectives, financial situation or needs into account.
