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Reliance Industries Limited (IN:RELIANCE)
:RELIANCE
India Market
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Reliance Industries Limited (RELIANCE) Ratios

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Reliance Industries Limited Ratios

IN:RELIANCE's free cash flow for Q4 2025 was ₹0.30. For the 2025 fiscal year, IN:RELIANCE's free cash flow was decreased by ₹ and operating cash flow was ₹0.13. See a summary of the company’s cash flow.
Ratios
TTM
Dec 25Dec 24Dec 23Dec 22
Liquidity Ratios
Current Ratio
1.10 1.18 1.18 1.07 1.12
Quick Ratio
0.78 0.80 0.80 0.72 0.78
Cash Ratio
0.23 0.24 0.24 0.09 0.11
Solvency Ratio
0.14 0.15 0.15 0.14 0.15
Operating Cash Flow Ratio
0.39 0.40 0.40 0.29 0.36
Short-Term Operating Cash Flow Coverage
1.62 1.56 1.56 0.88 1.41
Net Current Asset Value
₹ -4.41T₹ -3.60T₹ -3.60T₹ -3.53T₹ -2.64T
Leverage Ratios
Debt-to-Assets Ratio
0.19 0.20 0.20 0.21 0.19
Debt-to-Equity Ratio
0.44 0.44 0.44 0.47 0.36
Debt-to-Capital Ratio
0.30 0.30 0.30 0.32 0.27
Long-Term Debt-to-Capital Ratio
0.22 0.22 0.22 0.20 0.19
Financial Leverage Ratio
2.31 2.21 2.21 2.25 1.92
Debt Service Coverage Ratio
1.27 1.24 1.22 0.81 1.00
Interest Coverage Ratio
4.58 5.08 5.20 5.24 5.49
Debt to Market Cap
0.19 0.16 0.16 0.22 0.17
Interest Debt Per Share
291.90 272.01 272.01 261.59 224.62
Net Debt to EBITDA
1.32 1.41 1.41 2.10 2.28
Profitability Margins
Gross Profit Margin
30.13%29.40%25.13%28.41%23.77%
EBIT Margin
14.88%14.19%14.04%12.85%13.80%
EBITDA Margin
20.35%19.83%19.66%16.23%15.58%
Operating Profit Margin
11.90%12.36%12.66%11.65%11.32%
Pretax Profit Margin
12.35%11.62%11.62%10.78%12.02%
Net Profit Margin
8.35%7.73%7.73%7.58%8.67%
Continuous Operations Profit Margin
9.69%8.77%8.77%8.38%9.46%
Net Income Per EBT
67.61%66.48%66.48%70.36%72.15%
EBT Per EBIT
103.75%94.01%91.81%92.51%106.19%
Return on Assets (ROA)
4.18%3.96%3.96%4.15%4.05%
Return on Equity (ROE)
9.20%8.77%8.77%9.32%7.79%
Return on Capital Employed (ROCE)
7.77%8.20%8.40%8.46%6.65%
Return on Invested Capital (ROIC)
5.66%5.74%5.88%5.95%5.02%
Return on Tangible Assets
4.26%4.99%4.99%5.22%4.79%
Earnings Yield
4.36%3.47%3.47%4.66%3.85%
Efficiency Ratios
Receivables Turnover
20.64 26.39 28.49 30.91 29.61
Payables Turnover
3.65 3.57 3.78 4.28 3.35
Inventory Turnover
4.67 4.16 4.42 4.50 4.95
Fixed Asset Turnover
1.43 1.17 1.19 1.28 1.23
Asset Turnover
0.50 0.51 0.51 0.55 0.47
Working Capital Turnover Ratio
7.50 17.62 17.62 25.90 10.46
Cash Conversion Cycle
-4.11 -0.86 -1.04 7.65 -22.94
Days of Sales Outstanding
17.68 13.83 12.81 11.81 12.33
Days of Inventory Outstanding
78.14 87.65 82.66 81.17 73.72
Days of Payables Outstanding
99.93 102.34 96.51 85.32 108.98
Operating Cycle
95.82 101.48 95.47 92.97 86.05
Cash Flow Ratios
Operating Cash Flow Per Share
132.07 117.35 117.35 85.01 83.85
Free Cash Flow Per Share
28.63 4.36 4.36 -19.18 7.96
CapEx Per Share
103.44 112.98 112.98 104.20 75.89
Free Cash Flow to Operating Cash Flow
0.22 0.04 0.04 -0.23 0.09
Dividend Paid and CapEx Coverage Ratio
1.22 1.00 1.00 0.79 1.06
Capital Expenditure Coverage Ratio
1.28 1.04 1.04 0.82 1.10
Operating Cash Flow Coverage Ratio
0.48 0.46 0.46 0.34 0.39
Operating Cash Flow to Sales Ratio
0.18 0.18 0.18 0.13 0.16
Free Cash Flow Yield
2.07%0.29%0.29%-1.81%0.67%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
22.95 28.86 28.86 21.47 26.00
Price-to-Sales (P/S) Ratio
1.92 2.23 2.23 1.63 2.25
Price-to-Book (P/B) Ratio
2.22 2.53 2.53 2.00 2.02
Price-to-Free Cash Flow (P/FCF) Ratio
48.30 340.25 340.25 -55.16 150.18
Price-to-Operating Cash Flow Ratio
10.47 12.65 12.65 12.45 14.26
Price-to-Earnings Growth (PEG) Ratio
1.35 6.62 6.60 3.00 1.27
Price-to-Fair Value
2.22 2.53 2.53 2.00 2.02
Enterprise Value Multiple
10.74 12.66 12.75 12.13 16.76
Enterprise Value
21.34T 22.62T 22.58T 17.32T 18.27T
EV to EBITDA
10.74 12.66 12.75 12.13 16.76
EV to Sales
2.19 2.51 2.51 1.97 2.61
EV to Free Cash Flow
55.09 383.02 382.40 -66.73 173.82
EV to Operating Cash Flow
11.94 14.24 14.22 15.06 16.51
Tangible Book Value Per Share
717.35 417.85 417.85 368.10 498.01
Shareholders’ Equity Per Share
623.17 586.39 586.39 529.06 590.69
Tax and Other Ratios
Effective Tax Rate
0.21 0.25 0.25 0.22 0.19
Revenue Per Share
721.72 665.90 665.90 649.96 530.43
Net Income Per Share
60.24 51.45 51.45 49.30 46.00
Tax Burden
0.68 0.66 0.66 0.70 0.72
Interest Burden
0.83 0.82 0.83 0.84 0.87
Research & Development to Revenue
0.00 0.00 0.00 <0.01 <0.01
SG&A to Revenue
0.00 0.02 0.02 0.01 0.01
Stock-Based Compensation to Revenue
0.00 0.00 0.00 0.00 0.00
Income Quality
1.73 1.52 2.28 1.21 1.32
Currency in INR
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