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NSE:RELINFRA

RELIANCE INFRASTRUCTU LTD

Power › Power
₹47.53
at close · 27 Oct 2026
▼ 0.96 (-1.98%)
ThemesDefence· growingBatteries & Energy Storage· announcedSolar Energy· announced

Latest filings

  1. Physical-share conversion window runs through February 4, 2027 · Compliance
  2. Reliance Infra named accused in CBI chargesheet in RHFL matter · Regulatory & Legal
  3. Reliance Infrastructure JV faces NCLT insolvency petition for USD 182 million · Regulatory & Legal
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Generates, transmits and distributes electricity as its core activity, with smaller infrastructure, engineering and construction, and other businesses. In the year ended 31 March 2026, the Power Business contributed 91.5% of segment revenue at Rs 23,253.55 crore, generating EBIT of Rs 6,387.52 crore. The Infrastructure Business contributed 5.6% (Rs 1,428.92 crore), Engineering and Construction 0.9% (Rs 237.22 crore) and Others 1.9% (Rs 484.84 crore). Filings indicate operations span power generation, transmission and distribution, the Mumbai Metro One urban transit concession, toll road concessions, and defence-related investments. Total consolidated revenue for FY26 stood at Rs 20,440.53 crore against total assets of Rs 71,160.24 crore. The dominant cost bucket is 'other operating expenses' at 87.1% of revenue, while materials account for just 1.9% and employees 6.1%. Capex was 8.3% of revenue and depreciation 7.2%, reflecting an asset-heavy operating model.

Revenue mix · reported segments
Power Business91.5%
Infrastructure Business5.6%
Others1.9%
Engineering and Construction Business0.9%
Operating scale
Power Business segment revenue
Rs 23,253.55 croreFY26
Infrastructure Business revenue
Rs 1,428.92 croreFY26
Capex intensity
8.3% of revenueFY26
Depreciation
7.2% of revenueFY26
EBITDA margin
12.03%FY26
Total assets
Rs 71,160.24 croreFY26
Who pays it
State electricity distribution companies (discoms); government and infrastructure clients for non-power businesses
Biggest cost
Other operating expenses at 87.1% of revenue
Kind of business
Asset-heavy, capital-intensive integrated power utility with infrastructure, metro and construction diversification
Where it sits
Classified under Integrated Power Utilities in the Power sector; part of the Anil Dhirubhai Ambani Group; listed on NSE and BSE
Market Cap
₹1,942 Cr
P / E (TTM)
0.6×
EV / EBITDA
1.4×
Div Yield
1.13%
Growth
4.1%▲
Revenue 5y CAGR
PAT — · EBITDA +13.1%
Quality
4.0%·
ROCE (5y median)
ROE -4.9% (5y median) · margin 12.0%
Leverage
0.17·
Debt / Equity · low
Net debt ₹3,095 Cr
Revenue FY21→FY26
1.2×▲
Margin +24.5 pts
₹16,705 Cr → ₹20,441 Cr
Cash conversion
1.74×▲
Operating cash ÷ profit · 5 yrs
₹16,554 Cr on ₹9,496 Cr
Moves on a normal day
3.61%·
Median daily move
Last 188 sessions · the yardstick for filing-day moves
Where it sits among 37 Power peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#1/31
P/B#1/35
ROCE#34/38
ROE#4/35
Debt / Equity#6/35
EBITDA margin#32/33
Revenue growth#18/33
Profit growth#4/34

Scorecard

Measured from the filed financials, judged against its Power peers · as of FY26 — not investment advice

Strengths
Debt at 0.17× equity
lower than 85% of its 35 Power peers
Over 5 years it reported ₹9,496 Cr of profit and ₹16,554 Cr of operating cash — 1.74×
Profit is converting into cash
Negative working-capital cycle — the business is funded by its suppliers
Concerns
Slow revenue growth — 4% a year over 5 years
Erratic profits — up in only 2 of the last 5 years
Returns on capital 4.0% (5-year median)
#34 of 38 in Power on the latest reported figures · up from −0.1% in FY21

Charts

How has the market priced it — with filings on the timeline?

RELINFRA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from RELIANCE INFRASTRUCTU LTD's filed financials and exchange disclosures

What does RELIANCE INFRASTRUCTU LTD do?

RELIANCE INFRASTRUCTU LTD is a Power company listed on NSE and BSE, trading under the symbol RELINFRA.

Is RELIANCE INFRASTRUCTU LTD profitable?

Yes. Over the trailing twelve months RELIANCE INFRASTRUCTU LTD reported a net profit of ₹5,301 Cr on revenue of ₹20,877 Cr.

Does RELIANCE INFRASTRUCTU LTD pay a dividend?

Yes. The dividend yield is 1.13% at the current price. It paid out 1% of its profit as dividend in FY26.

Is RELIANCE INFRASTRUCTU LTD debt-free?

No. It reported borrowings of ₹4,804 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹3,095 Cr after cash. Debt stands at 0.17× equity. That is lower than 85% of its 35 Power peers.

Is RELIANCE INFRASTRUCTU LTD expensive compared with its peers?

On trailing P/E, RELIANCE INFRASTRUCTU LTD ranks 1 of 31 in Power — cheaper than 100% of them, against an industry median of 19.4×. This is a position, not a valuation judgement.

How much does the RELIANCE INFRASTRUCTU LTD share price move in a day?

On a typical session RELIANCE INFRASTRUCTU LTD moves 3.61% — that is the median absolute close-to-close move across its last 188 trading days. MarketPing measures each filing's price reaction against it.

Where can I track RELIANCE INFRASTRUCTU LTD's announcements?

Every NSE and BSE filing by RELIANCE INFRASTRUCTU LTD appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.