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    Reliance Infra.

    Runs Delhi power discoms (BRPL/BYPL), Mumbai Metro Line 1, toll roads and defence-manufacturing JVs.

    Power
    Utilities
    ₹81.55
    -4.06% from avg

    Overview

    Price

    ₹81.55

    Market Cap

    ₹2.6k Cr

    Sector

    Power

    Utilities

    Rank

    5

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital263263263352396396409409
    Reserves9.5k10.6k12.1k8.9k8.4k14.0k16.5k17.5k
    Borrowings17.1k13.9k12.7k11.5k9.9k6.4k5.7k4.9k
    Other Liabilities37.9k37.2k37.3k40.1k40.5k45.0k47.1k48.4k
    Total Liabilities64.9k62.0k62.4k60.9k59.2k65.8k69.7k71.2k
    AssetsFixed Assets23.3k19.5k19.0k19.8k17.8k17.7k17.6k18.2k
    CWIP2.5k2.0k2.2k1.0k1.3k1.4k1.3k842
    Investments1.4k1.8k4.7k4.3k3.9k8.7k10.4k10.3k
    Other Assets37.7k38.7k36.5k35.8k36.2k38.1k40.4k41.8k
    Total Assets64.9k62.0k62.4k60.9k59.2k65.8k69.7k71.2k

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating6842.9k1.4k3.8k3.5k4.1k3.7k2.5k
    Cash from Investing2.8k-80818-502-1.3k415-1.7k-1.3k
    Cash from Financing-3.3k-2.0k-1.5k-2.9k-2.2k-3.6k-1.3k-1.8k
    SummaryCapital Expenditure
    Free Cash Flow-7351.6k4763.0k2.1k3.2k2.2k1.0k
    FCF Margin

    Valuation

    Too capital-hungry for an earnings DCF

    For capital-heavy businesses (telecom, power, heavy manufacturing) reported profit ignores the cash needed just to stand still. We'd systematically overvalue it, so we don't show a number.

    RELINFRA · CAPITAL_INTENSIVE

    Learn to analyse Reliance Infra.

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