Reliance Industries (RELIANCE)₹1,324+0.03%Refineries & Marketing
In the Sep 2026 quarter (consolidated), Reliance Industries reported sales of ₹3.32 L Cr, up 29.8% from Sep 2025, and net profit of ₹29,631 Cr, up 33.7% year on year. For the year to Mar 2026, sales were ₹10.60 L Cr and net profit ₹95,994 Cr.
Company filings, consolidated accounts; latest reported quarter Sep 2026
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,26,030 | 2,37,604 | 2,32,829 | 2,32,361 | 2,40,862 | 2,62,265 | 2,44,610 | 2,55,797 | 2,66,162 | 2,95,278 | 3,10,655 | 3,32,127 |
| Expenses | 1,84,514 | 1,94,058 | 1,93,114 | 1,92,342 | 1,96,193 | 2,17,540 | 2,00,609 | 2,08,791 | 2,18,815 | 2,49,704 | 2,61,926 | 2,74,029 |
| Operating Profit | 40,740 | 42,551 | 38,825 | 39,117 | 43,888 | 43,897 | 42,968 | 45,947 | 46,072 | 44,181 | 47,621 | 56,659 |
| OPM % | 18.0% | 18.0% | 17.0% | 17.0% | 18.0% | 17.0% | 18.0% | 18.0% | 17.0% | 15.0% | 15.0% | 17.0% |
| Other Income | 3,878 | 4,549 | 3,994 | 4,888 | 4,226 | 4,921 | 15,172 | 4,495 | 4,928 | 4,458 | 6,566 | 5,807 |
| Interest | 5,806 | 5,773 | 5,929 | 6,032 | 6,191 | 6,170 | 7,047 | 6,846 | 6,624 | 6,601 | 8,354 | 8,501 |
| Depreciation | 12,859 | 13,510 | 13,549 | 12,827 | 13,128 | 13,429 | 13,798 | 14,356 | 14,565 | 14,751 | 15,028 | 15,258 |
| Profit before tax | 25,816 | 27,717 | 23,230 | 25,014 | 28,620 | 29,065 | 37,145 | 29,090 | 29,696 | 27,158 | 30,616 | 38,607 |
| Tax % | 25.0% | 24.0% | 25.0% | 24.0% | 24.0% | 23.0% | 17.0% | 24.0% | 25.0% | 24.0% | 25.0% | 24.0% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 7,378 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | 19,702 | 21,308 | 17,494 | 19,396 | 21,991 | 22,682 | 30,900 | 22,167 | 22,348 | 20,641 | 23,271 | 29,631 |
| EPS (Rs) | 12.78 | 14.03 | 11.21 | 12.26 | 13.72 | 14.37 | 19.97 | 13.44 | 13.81 | 12.56 | 15.50 | 18.91 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,73,472 | 3,05,394 | 3,92,107 | 5,70,961 | 5,98,594 | 4,68,226 | 6,97,245 | 8,80,549 | 9,03,110 | 9,66,051 | 10,60,157 | 12,04,222 |
| Expenses | 2,30,586 | 2,57,720 | 3,26,598 | 4,84,230 | 5,07,216 | 3,85,502 | 5,85,574 | 7,34,279 | 7,36,697 | 7,97,164 | 8,75,965 | 10,04,473 |
| Operating Profit | 41,814 | 46,391 | 64,433 | 84,411 | 89,399 | 80,970 | 1,08,727 | 1,42,562 | 1,62,630 | 1,65,844 | 1,79,227 | 1,94,534 |
| OPM % | 15.0% | 15.0% | 16.0% | 15.0% | 15.0% | 17.0% | 16.0% | 16.0% | 18.0% | 17.0% | 17.0% | 16.2% |
| Other Income | 12,256 | 9,256 | 9,895 | 8,435 | 8,597 | 22,502 | 19,675 | 12,061 | 15,845 | 17,882 | 28,917 | 21,759 |
| Interest | 3,702 | 3,854 | 8,065 | 16,525 | 22,069 | 21,223 | 14,606 | 19,610 | 23,168 | 24,330 | 27,127 | 30,080 |
| Depreciation | 11,525 | 11,593 | 16,652 | 20,857 | 22,113 | 26,469 | 29,680 | 40,141 | 50,610 | 52,938 | 57,466 | 59,603 |
| Profit before tax | 38,744 | 40,021 | 49,408 | 55,218 | 53,576 | 55,410 | 83,814 | 94,357 | 1,04,328 | 1,05,878 | 1,22,993 | 1,26,076 |
| Tax % | 23.0% | 25.0% | 27.0% | 28.0% | 26.0% | 3.0% | 19.0% | 22.0% | 25.0% | 24.0% | 22.0% | — |
| Exceptional items | −26.03 | −84.03 | −101 | −60.01 | −3,498 | 5,372 | 2,188 | −122 | 1,248 | 1,737 | 3,467 | 0.00 |
| Net Profit | 29,959 | 29,907 | 36,181 | 39,935 | 40,028 | 53,915 | 68,106 | 74,378 | 79,260 | 81,564 | 95,994 | 95,891 |
| EPS (Rs) | 21.55 | 21.59 | 26.74 | 29.31 | 29.16 | 38.79 | 44.97 | 49.36 | 51.54 | 51.59 | 59.76 | 60.78 |
| Dividend payout % | 10.0% | 10.9% | 9.9% | 9.9% | 10.0% | 8.9% | 9.0% | 9.0% | 9.9% | 10.9% | 10.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2,932 | 2,939 | 2,950 | 5,907 | 5,909 | 6,319 | 6,422 | 6,741 | 6,743 | 6,744 | 13,484 | 13,490 |
| Reserves | 2,15,758 | 2,28,838 | 2,61,004 | 2,87,903 | 3,81,095 | 4,43,036 | 6,93,643 | 7,72,776 | 7,09,877 | 7,87,265 | 8,29,449 | 8,91,501 |
| Borrowings | 1,68,397 | 1,94,935 | 2,17,748 | 2,40,096 | 3,08,106 | 3,55,172 | 2,78,973 | 3,19,184 | 4,52,128 | 3,50,773 | 3,74,770 | 4,03,090 |
| Other Liabilities | 1,17,171 | 1,72,383 | 2,24,688 | 2,78,351 | 3,02,898 | 3,59,969 | 3,42,134 | 4,01,228 | 4,38,235 | 6,12,177 | 7,33,624 | 8,73,278 |
| Total Liabilities | 5,04,258 | 5,99,095 | 7,06,389 | 8,12,257 | 9,98,008 | 11,64,496 | 13,21,172 | 14,99,929 | 16,06,983 | 17,56,959 | 19,51,327 | 21,81,358 |
| Fixed Assets | 1,57,002 | 1,85,716 | 1,99,213 | 4,05,646 | 3,99,678 | 5,35,100 | 5,43,800 | 6,30,471 | 7,27,516 | 7,83,494 | 10,02,694 | 11,30,081 |
| CWIP | 1,65,897 | 2,28,192 | 3,24,030 | 1,86,510 | 1,79,109 | 1,08,888 | 1,25,599 | 1,72,041 | 2,92,830 | 3,38,132 | 2,61,776 | 2,37,151 |
| Investments | 76,387 | 83,917 | 82,805 | 82,840 | 2,35,468 | 2,76,520 | 3,64,308 | 3,93,970 | 2,35,335 | 2,25,578 | 2,42,141 | 2,48,161 |
| Other Assets | 1,04,971 | 1,01,271 | 1,00,340 | 1,37,261 | 1,83,754 | 2,43,989 | 2,87,464 | 3,03,447 | 3,51,302 | 4,09,755 | 4,44,715 | 5,65,966 |
| Inventories | 53,077 | 46,307 | 48,757 | 60,667 | 67,372 | 73,648 | 81,339 | 1,07,398 | 1,39,534 | 1,52,230 | 1,45,595 | 1,66,408 |
| Trade receivables | 5,309 | 4,459 | 8,158 | 17,534 | 30,015 | 19,608 | 18,984 | 23,614 | 28,414 | 31,581 | 42,032 | 58,424 |
| Cash & equivalents | 12,549 | 11,029 | 3,027 | 4,258 | 11,080 | 30,957 | 17,407 | 36,212 | 68,753 | 97,271 | 1,06,557 | 1,46,135 |
| Total Assets | 5,04,258 | 5,99,095 | 7,06,389 | 8,12,257 | 9,98,008 | 11,64,496 | 13,21,172 | 14,99,929 | 16,06,983 | 17,56,959 | 19,51,327 | 21,81,358 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 34,469 | 38,214 | 49,702 | 71,638 | 42,457 | 95,047 | 27,011 | 1,11,018 | 1,15,294 | 1,59,071 | 1,79,257 | 1,92,530 |
| Cash from investing activity | −65,000 | −36,332 | −66,420 | −68,472 | −94,900 | −72,717 | −1,42,851 | −1,09,493 | −93,384 | −1,13,946 | −1,38,014 | −1,01,411 |
| Cash from financing activity | 8,450 | −3,216 | 8,624 | −2,004 | 55,953 | −2,543 | 1,01,980 | 17,322 | 10,467 | −16,674 | −31,924 | −51,598 |
| Net cash flow | −21,859 | −1,260 | −8,029 | 1,264 | 3,745 | 19,810 | −13,521 | 18,753 | 32,446 | 28,557 | 9,268 | 39,436 |
| Capex | 63,219 | 46,802 | 77,945 | 73,778 | 93,522 | 76,445 | 1,05,686 | 1,00,033 | 1,40,795 | 1,52,662 | 1,39,705 | 1,22,704 |
| Free cash flow | −28,497 | −8,390 | −26,974 | −1,489 | −50,208 | 19,252 | −76,310 | 13,606 | −16,700 | 21,129 | 40,910 | 69,710 |
| CFO / OP % | 109.0% | 112.0% | 129.0% | 126.0% | 65.0% | 116.0% | 37.0% | 105.0% | 85.0% | 105.0% | 115.0% | 113.0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 6 | 7 | 11 | 17 | 20 | 13 | 16 | 13 | 13 | 14 | 17 | 21 |
| Inventory days | 66 | 90 | 84 | 83 | 63 | 67 | 102 | 83 | 87 | 95 | 85 | 88 |
| Days payable | 74 | 117 | 132 | 146 | 100 | 87 | 136 | 123 | 91 | 111 | 108 | 84 |
| Cash conversion cycle | −2 | −21 | −38 | −46 | −18 | −9 | −19 | −27 | 7 | −3 | −8 | 25 |
| Working capital days | −64 | −148 | −179 | −179 | −108 | −158 | −58 | −56 | −66 | −53 | −68 | −66 |
| ROCE % | 8.9% | 10.0% | 9.9% | 10.9% | 11.9% | 11.0% | 8.0% | 7.9% | 8.9% | 9.9% | 9.9% | 10.0% |
For the Sep 2026 quarter, Reliance Industries reported sales of ₹3.32 L Cr, up 29.8% year on year and net profit of ₹29,631 Cr, up 33.7% year on year. The operating margin was 17.0%.
Reliance Industries' sales for the year to Mar 2026 were ₹10.60 L Cr; over the last twelve months they were ₹12.04 L Cr.
Net profit for the year to Mar 2026 was ₹95,994 Cr, and ₹95,891 Cr over the last twelve months. Earnings per share over the same trailing period were ₹60.78.
Reliance Industries reported borrowings of ₹4.03 L Cr at Mar 2026, against cash and equivalents of ₹1.46 L Cr.
Cash from operations was ₹1.93 L Cr in the year to Mar 2026; after capital spending, free cash flow was ₹69,710 Cr.