Reliance Infra. share price & results
- Jun 2026
- Sept 2026
Runs Delhi power discoms (BRPL/BYPL), Mumbai Metro Line 1, toll roads and defence-manufacturing JVs.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 47.0 | −13.0% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | -98.0 | −10.0 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | -52.0 | −147.7% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
| Return on equity | 14.21 | −23.3 pts | Trailing twelve months | TTM to Jun 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | 4.73 | −4.3 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | -6.41 | −20.6 pts | Trailing twelve months | TTM to Jun 2026 | Revenue change against the same period one year earlier. |
Price
Performance −79.3% 1Y
1Y: ₹230.1 on 24 Oct 2025 → ₹47.53. High ₹230.1 (24 Oct 2025), low ₹43.42 (29 Sept 2026).
- Previous close
- ₹48.49
- Market cap
- ₹2.0k Cr
- 52-week range
- ₹43.42 – ₹225.61
- One year
- −78.93%
- Price to earnings (TTM to Jun 2026)
- 0.86×
- Return on equity (TTM to Jun 2026)
- 14.21%
Overview
- Symbol
- NSE:RELINFRA
- Sector
- Power
- Industry
- Utilities
- Exchange
- NSE
- Currency
- INR
What Reliance Infra. does
Based on the company's own presentations, annual report and earnings calls.
Reliance Infrastructure, established in 1929, is a diversified Indian infrastructure group spanning power distribution, urban transport, roads, engineering & construction (E&C) and defence manufacturing. Its Delhi power discoms, BSES Rajdhani Power (BRPL) and BSES Yamuna Power (BYPL), distribute electricity to millions of residential, commercial and industrial consumers across South, West, East and Central Delhi. It also operates Mumbai Metro Line 1 under a Build-Own-Operate-Transfer PPP model, manages a portfolio of toll roads through Special Purpose Vehicles, and executes EPC contracts for thermal, gas, nuclear, metro and highway projects. Through joint ventures with Dassault Aviation, Thales, Rheinmetall AG and Diehl Defence, it manufactures aerospace assemblies, radar/electronic-warfare systems and ammunition for India's defence sector.
Segments
- Power Distribution
- Urban Transport (Metro)
- Roads & Highways
- Defence Manufacturing
- Engineering & Construction (E&C)
- Delhi Discom customers served
- 5.3 million+ (BRPL & BYPL)
- Delhi distribution service area
- ~851 sq. km
- Peak power managed (Delhi discoms)
- ~5,700 MW
- Electronic/smart meters installed
- 50 lakh+
- Mumbai Metro Line 1
- 11.4 km operational corridor (Versova-Andheri-Ghatkopar), India's first PPP metro line
- Metro ridership since inception
- 1,101 million passengers served (as of April 30, 2025) - highest for any single metro line in India
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).
Financials
What the filings say
Net profit, year on year: −148% (quarter to jun 2026 against jun 2025).
| Line item | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 62 | 54 | 65 | 54 | 61 | 60 | 63 | 47 |
| Expenses | 124 | 105 | 142 | 101 | 186 | 153 | 201 | 94 |
| Operating profit | -63 | -52 | -76 | -47 | -125 | -94 | -138 | -46 |
| Operating margin | −102.0% | −96.0% | −117.0% | −88.0% | −204.0% | −157.0% | −220.0% | −98.0% |
| Other income | 2,275 | -3,096 | 832 | 227 | -413 | 36 | -399 | 65 |
| Interest | 128 | 51 | 37 | 67 | 60 | 78 | 84 | 68 |
| Depreciation | 3 | 4 | 4 | 3 | 4 | 4 | 4 | 3 |
| Profit before tax | 2,081 | -3,202 | 715 | 109 | -601 | -140 | -625 | -52 |
| Tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | −104.0% | 0.0% |
| Net profit | 2,084 | -3,203 | 714 | 109 | -601 | -140 | 25 | -52 |
| EPS (₹ per share) | 52.61 | -80.85 | 18.03 | 2.67 | -14.72 | -3.42 | 0.61 | -1.27 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 16,755 | 425 | 212 | 238 |
| Expenses | 15,583 | 819 | 457 | 641 |
| Operating profit | 1,171 | -394 | -246 | -404 |
| Other income | -838 | -792 | 36 | -549 |
| Interest | 1,936 | 739 | 390 | 289 |
| Depreciation | 1,090 | 16 | 14 | 15 |
| Profit before tax | -2,692 | -1,938 | -612 | -1,257 |
| Net profit | -2,865 | -1,930 | -611 | -607 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 263 | 352 | 396 | 396 | 409 | 409 |
| Reserves | 9,878 | 7,000 | 5,911 | 24,356 | 16,501 | 23,429 |
| Borrowings | 3,843 | 3,372 | 3,060 | 635 | 5,737 | 578 |
| Other liabilities | 6,056 | 6,751 | 5,702 | 5,615 | 47,062 | 4,793 |
| Total liabilities | 20,039 | 17,474 | 15,069 | 31,002 | 69,709 | 29,210 |
| Fixed assets | 325 | 302 | 208 | 210 | 17,552 | 196 |
| Capital work in progress | 11 | 11 | 2 | 0 | 1,321 | 0 |
| Investments | 8,435 | 8,194 | 7,099 | 28,320 | 10,421 | 27,311 |
| Other assets | 11,268 | 8,967 | 7,760 | 2,472 | 40,414 | 1,703 |
| Total assets | 20,039 | 17,474 | 15,069 | 31,002 | 69,709 | 29,210 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | 445 | -164 | 532 | 238 | -191 | -71 |
| Cash from investing | 1,051 | 228 | -3 | 552 | -143 | -174 |
| Cash from financing | -1,513 | -50 | -280 | -958 | 313 | 188 |
| Net cash flow | -16 | 15 | 249 | -168 | -22 | -57 |
| Free cash flow | 439 | -143 | 527 | 261 | -200 | -74 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 615 | 725 | 608 | 343 | 656 | 5 |
| Cash conversion cycle | 615 | 725 | 608 | 343 | 656 | 5 |
| Working capital days | 1530 | 620 | 74 | -288 | -4758 | -3954 |
| Return on capital employed | 4.0% | 2.0% | 1.0% | 0.0% | −1.0% | −1.0% |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Where revenue comes from
The businesses behind the company’s reported revenue.
- Power Business contributes 94.1% of reported segment revenue.
Quarter ended 30 Jun 2026 · Consolidated
- - Power Business 94.1%
₹7,334.03 crore
- - Infrastructure Business 3.6%
₹278.94 crore
- - Others 1.7%
₹130.93 crore
- - Engineering and Construction Business 0.6%
₹47.35 crore
| Business segment | Revenue · ₹ crore | Share |
|---|---|---|
| - Power Business | 7,334.03 | 94.1% |
| - Infrastructure Business | 278.94 | 3.6% |
| - Others | 130.93 | 1.7% |
| - Engineering and Construction Business | 47.35 | 0.6% |
Share = segment revenue ÷ total segment revenue, before intersegment adjustments.
How these numbers add up
- Total segment revenue
- ₹7,791.25 crore
- Intersegment adjustment
- ₹0.00 crore
- Net segment revenue
- ₹7,791.25 crore
Intersegment transactions are between the company’s own businesses. Net segment revenue can differ from income-statement revenue because reporting definitions differ.
Source: FinEdge · Last checked 19 Sept 2026. Reported segment names are kept as supplied.
How the mix has moved
Each segment’s share of reported revenue, quarter by quarter.
| Segment | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| - Power Business | — | — | 96% | — | — | 88% | — | 94% | — |
| - Infrastructure Business | — | — | 3% | — | — | 8% | — | 4% | — |
| - Others | — | — | — | — | — | 3% | — | 2% | — |
| - Engineering and Construction Business | — | — | 1% | — | — | 1% | — | 1% | — |
Share of reported segment revenue by quarter, consolidated basis, as filed. A quarter the company did not report is left blank, never carried forward.
See how segments are shifting across companies → Segment Shift
Ownership
Who owns it
Public hold 65.27% as of Sept 2026; institutions added 9.82 pts since Jun 2026.
- Promoters 19.05%
- Foreign institutions 4.83%
- Domestic institutions 10.71%
- Government 0.01%
- Public 65.27%
- Others 0.11%
Who bought this quarter
since Jun 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Global fund house newly disclosed 1.09% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Sep 2026 filing
Every holder of Reliance Infra. above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| 18.87% | unchanged | |
| NBFC / DFI | 10.07% | unchanged |
| 1.91% | unchanged | |
| 1.57% | unchanged | |
| Global fund house | 1.11% | unchanged |
| 1.10% | unchanged | |
| Global fund house | 1.09% | newly disclosed |
| 1.05% | unchanged | |
| 0.07% | unchanged | |
| 0.03% | unchanged | |
| 0.03% | unchanged | |
| 0.03% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
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