Stocktoria
Reliance Industries Limited statistics & valuation
Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (₹947.21); a green figure means the price is below it.
Profitability & efficiency
Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).
P / E vs its own history
Reliance Industries Limited trades at about 21.9× earnings — below its 10-year norm (10-year range 22.7×–28.5×, median 27.3×).
Shaded band = 10-year range (22.7×–28.5×); dot = today's 21.9×.
Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.
Key ratios (by fiscal year)
| Ratio | FY2026 | FY2025 | FY2024 | FY2023 |
|---|---|---|---|---|
| Gross margin | 25.6% | 25.1% | 25.1% | 23.5% |
| Operating margin | 11.5% | 11.7% | 12.4% | 11.6% |
| Net margin | 7.6% | 7.2% | 7.7% | 7.6% |
| FCF margin | 6.5% | 4.0% | 0.7% | -3.0% |
| Return on assets | 3.7% | 3.6% | 4.0% | 4.1% |
| Return on equity | 8.9% | 8.3% | 8.8% | 9.3% |
| Debt / equity | 0.30× | 0.28× | 0.28× | 0.26× |
| Current ratio | 1.10 | 1.10 | 1.18 | 1.07 |
Computed from company filings · IN · as of 2026-03-31. Figures in INR. Facts plus Stocktoria's own computed scores — not investment advice.