Overall Fundamental outlook

Business Operations:

Sector: Energy
Industry: Oil & Gas Refining & Marketing

Reliance Industries Limited engages in hydrocarbon exploration and production, oil and chemicals, textile, retail, digital, material and composites, renewables, and financial services businesses worldwide. It operates through Oil to Chemicals, Oil and Gas, Retail, Digital Services, and Others segments. The company produces and markets petroleum products, such as liquefied petroleum gas, propylene, naphtha, gasoline, jet/aviation turbine fuel, kerosene oil, diesel, sulphur, and petroleum coke. It also provides petrochemicals, including high-density and low-density polyethylene (PE), linear low-density PE, polyester fibers and yarns, polypropylene, polyvinyl chloride, purified terephthalic acid, ethylene glycols and oxide, paraxylene, ortho xylene, benzene, linear alkyl benzene and paraffin, poly butadiene rubber, styrene butadiene rubber, butyl rubber, and polyethylene terephthalate. In addition, the company manufactures and markets yarns, fabrics, apparel, and auto furnishings; explores, develops, and produces crude oil and natural gas; and operates various stores comprising neighborhood, supermarket, hypermarket, wholesale cash and carry, specialty, online stores, as well as stores that offer apparel, beauty and cosmetics, accessories, footwear, consumer electronics, connectivity products, and others. Further, the company provides range of digital television, gaming, broadband, and telecommunication services under the Jio brand name; and non-banking financial and insurance broking services. Additionally, it operates news and entertainment platforms, and Network18 and television channels; publishes magazines; and offers highway hospitality and fleet management services. The company was founded in 1957 and is based in Mumbai, India.

Revenue projections:

Revenue projections for RELIANCE
Revenue projections for RELIANCE

Reliance Industries Limited's revenue projections indicate a decrease from the prior year, which may make investors hesitant. A revenue decline could harm the company's bottom line, prompting investors to be more careful, as lower earnings often signal potential issues with profitability and future performance.

Financial Ratios:

currentRatio 0.000000
forwardPE 20.772993
debtToEquity 36.605000
earningsGrowth 0.784000
revenueGrowth 0.051000
grossMargins 0.356010
operatingMargins 0.119290
trailingEps 60.260000
forwardEps 71.850000

RELIANCE's Forward PE is in a favorable range, meaning its stock price compares well with its earnings and isn't overpriced. This leaves room for growth, making it a compelling opportunity for investors looking to benefit from potential future gains.
With a forward EPS greater than its trailing EPS, Reliance Industries Limited is forecasted to be more profitable this year than last. This growth expectation reflects confidence in the company's earnings potential and suggests an improving financial trajectory for the year ahead.

Price projections:

Price projections for RELIANCE
Price projections for RELIANCE

Over time, price projections for Reliance Industries Limited have gradually risen, signaling growing optimism about the company's future. This upward revision reflects increasing confidence in Reliance Industries Limited's ability to achieve strong financial results.

Recommendation changes over time:

Recommendations trend for RELIANCE
Recommendations trend for RELIANCE


Reliance Industries Limited has recently received a buy bias from analysts, indicating that the stock is being perceived as a favorable investment. This positive sentiment could encourage investors to see Reliance Industries Limited as a wise place to allocate their funds, potentially leading to increased interest in the company's stock.