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

With Reliance Industries Limited's revenue expected to be lower than the previous year, investors may become cautious. Declining revenues often negatively impact the bottom line, reducing profitability and raising concerns among investors about the company's ability to maintain strong financial performance moving forward.

Financial Ratios:

currentRatio 1.100000
forwardPE 21.249712
debtToEquity 36.605000
earningsGrowth 0.024000
revenueGrowth 0.105000
grossMargins 0.347260
operatingMargins 0.116120
trailingEps 51.110000
forwardEps 71.850000

Reliance Industries Limited's current ratio of 1.1 means the company has enough liquidity to meet its short-term debt obligations. With sufficient cash reserves and current assets, Reliance Industries Limited can comfortably cover its liabilities, reflecting a strong financial outlook.
RELIANCE's Forward PE is well-positioned, indicating the stock price is favorable compared to its earnings. This suggests the stock is not overpriced and offers room for growth, making it an attractive option for investors looking for future value appreciation.
Reliance Industries Limited's forward EPS surpassing its trailing EPS signals that the company is anticipated to be more profitable this year than last. This growth expectation highlights Reliance Industries Limited's potential for increased earnings and a stronger financial performance in the upcoming year.

Price projections:

Price projections for RELIANCE
Price projections for RELIANCE

RELIANCE's price projections have been consistently revised upward, suggesting that analysts are becoming increasingly optimistic about the company's future. This trend reflects confidence in RELIANCE's ability to achieve strong financial results.

Recommendation changes over time:

Recommendations trend for RELIANCE
Recommendations trend for RELIANCE


Analysts' buy bias toward RELIANCE suggests the stock is seen as a solid investment, potentially motivating investors to consider it for their portfolios. With this positive outlook, RELIANCE is likely to be viewed as a secure place to allocate funds, driving further interest in the stock.