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Reliance Infrastructure Limited (IN:RELINFRA)
:RELINFRA
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Reliance Infrastructure Limited (RELINFRA) AI Stock Analysis

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IN:RELINFRA

Reliance Infrastructure Limited

(RELINFRA)

Rating:66Neutral
Price Target:
₹294.00
▲(13.87% Upside)
The overall stock score is driven by strong financial performance and an attractive valuation, indicating potential undervaluation. However, technical indicators suggest a bearish trend, which tempers the overall score.
Positive Factors
Revenue Growth
The company's strong revenue growth indicates expanding operations and increased demand for its infrastructure and energy services, supporting long-term business sustainability.
Profitability Improvements
Improved profitability and net income recovery demonstrate effective cost management and operational efficiency, enhancing the company's financial health and shareholder value.
Operational Cash Generation
Sufficient cash generation from operations ensures the company can meet its financial obligations and reinvest in growth opportunities, supporting long-term stability.
Negative Factors
Free Cash Flow Conversion
Limited free cash flow conversion may restrict the company's ability to fund new projects or return capital to shareholders, potentially impacting growth and investor confidence.
Equity Ratio Decline
A lower equity ratio indicates increased reliance on debt, which can elevate financial risk and limit the company's flexibility in adverse economic conditions.
Revenue Growth Challenges
Negative overall revenue growth suggests potential challenges in maintaining market share or demand, which could hinder long-term expansion and profitability.

Reliance Infrastructure Limited (RELINFRA) vs. iShares MSCI India ETF (INDA)

Reliance Infrastructure Limited Business Overview & Revenue Model

Company DescriptionReliance Infrastructure Limited (RELINFRA) is a part of the Reliance Group and is one of the largest infrastructure companies in India. The company operates in various sectors including power, infrastructure, construction, and engineering. It is involved in the development, construction, and operation of projects across various segments such as roads, bridges, metro rail, airports, and real estate. Additionally, Reliance Infrastructure manages and operates power plants and distributes electricity in several regions, contributing significantly to its business portfolio.
How the Company Makes MoneyReliance Infrastructure Limited generates revenue through multiple streams. Primarily, it earns income from its infrastructure projects, including the construction and operation of roads, bridges, and metro rail systems, where it may receive government contracts or engage in public-private partnerships. The company also earns revenue from its energy sector activities, particularly through the generation and distribution of electricity, where it operates power plants and sells electricity to consumers and businesses. Furthermore, Reliance Infrastructure is involved in the EPC (Engineering, Procurement, and Construction) sector, offering services that contribute to its earnings. Strategic partnerships and joint ventures in various infrastructure projects also play a role in enhancing its revenue streams.

Reliance Infrastructure Limited Financial Statement Overview

Summary
Income Statement
Balance Sheet
Cash Flow
BreakdownDec 2025Dec 2024Dec 2023Dec 2022Dec 2020
Income Statement
Total Revenue239.99B217.03B205.63B185.83B162.17B
Gross Profit89.20B55.34B47.51B49.60B39.69B
EBITDA58.63B30.32B8.63B24.91B67.20B
Net Income49.38B-16.09B-32.21B-9.99B11.25B
Balance Sheet
Total Assets658.41B591.81B609.93B625.33B621.63B
Cash, Cash Equivalents and Short-Term Investments28.81B29.53B15.85B12.36B9.15B
Total Debt63.61B98.95B115.10B127.18B139.07B
Total Liabilities420.28B453.23B470.40B461.98B475.28B
Stockholders Equity144.30B87.47B92.94B124.07B108.60B
Cash Flow
Free Cash Flow23.35B30.70B21.15B29.89B4.54B
Operating Cash Flow36.57B40.97B34.58B37.99B14.36B
Investing Cash Flow-17.31B-6.37B-13.33B-5.02B4.47B
Financing Cash Flow-12.52B-15.98B-22.42B-29.42B-15.31B

Reliance Infrastructure Limited Technical Analysis

Technical Analysis Sentiment
Negative
Last Price258.20
Price Trends
50DMA
321.21
Negative
100DMA
320.24
Negative
200DMA
292.61
Negative
Market Momentum
MACD
-11.76
Negative
RSI
38.38
Neutral
STOCH
19.24
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:RELINFRA, the sentiment is Negative. The current price of 258.2 is below the 20-day moving average (MA) of 275.03, below the 50-day MA of 321.21, and below the 200-day MA of 292.61, indicating a bearish trend. The MACD of -11.76 indicates Negative momentum. The RSI at 38.38 is Neutral, neither overbought nor oversold. The STOCH value of 19.24 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:RELINFRA.

Reliance Infrastructure Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (66)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
71
Outperform
₹634.99B22.78
1.50%-2.95%16.18%
69
Neutral
₹2.63T17.05
3.18%0.40%-1.73%
66
Neutral
₹106.96B1.98
-5.77%
66
Neutral
$17.40B17.965.60%3.67%6.62%11.55%
63
Neutral
₹213.48B15.49
2.79%9.43%-2.06%
62
Neutral
₹798.48B26.10
2.40%13.90%-15.41%
60
Neutral
₹1.24T30.42
0.58%4.23%9.91%
* Utilities Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IN:RELINFRA
Reliance Infrastructure Limited
258.20
44.60
20.88%
IN:CESC
CESC Ltd
161.05
-28.06
-14.84%
IN:NHPC
NHPC Limited
82.26
-10.65
-11.46%
IN:POWERGRID
Power Grid Corporation of India Limited
286.80
-40.96
-12.50%
IN:TATAPOWER
Tata Power Company Limited
388.05
-49.18
-11.25%
IN:TORNTPOWER
Torrent Power Limited
1,268.35
-432.63
-25.43%

Reliance Infrastructure Limited Corporate Events

Reliance Infrastructure Unaffected by Reliance Communications Loan Classification
Aug 24, 2025

Reliance Infrastructure Limited announced that the recent classification of Reliance Communications’ loan account as fraud by Bank of India does not affect its business operations or stakeholders. The company clarified its independence from Reliance Communications, emphasizing no business or financial linkage, and reiterated its commitment to its business plans and stakeholder value creation.

Reliance Infrastructure Unaffected by CBI Actions on Reliance Communications
Aug 24, 2025

Reliance Infrastructure Limited clarified that recent actions by the Central Bureau of Investigation on Reliance Communications Limited and Mr. Anil D Ambani have no impact on its operations, financial performance, or stakeholders. The company emphasized its independence from Reliance Communications, noting that Mr. Ambani has not been on its board for over 3.5 years, and it remains committed to its business plans and stakeholder value.

Reliance Infrastructure Subsidiary Faces Insolvency Proceedings
Aug 18, 2025

Reliance Infrastructure Limited has announced that the National Company Law Tribunal, Mumbai bench, has admitted a petition under the Insolvency and Bankruptcy Code against its wholly-owned subsidiary, SU Toll Road Private Limited. The petition, filed by the State Bank of India, involves a claim amount of INR 358.70 crore. Despite this development, Reliance Infrastructure has stated that the company’s exposure is fully provided for, and no financial impact is expected.

Reliance Infrastructure Forms Joint Venture in Bhutan’s Renewable Energy Sector
Aug 18, 2025

Reliance Infrastructure Limited has announced the incorporation of a joint venture company, GDL-Reliance Solar Pte Ltd, in Bhutan’s Gelephu Mindfulness City. This venture, a collaboration between Green Digital Private Limited and Reliance Enterprises Private Limited, aims to explore opportunities in the renewable and green energy sector, aligning with global sustainability trends and potentially enhancing the company’s market position in clean energy.

Reliance Infrastructure Reports AGM Voting Results
Aug 8, 2025

Reliance Infrastructure Limited announced the voting results of its 96th Annual General Meeting held on August 08, 2025. The meeting, which was attended by 6 promoters and 144 public shareholders via video conferencing, was conducted in compliance with SEBI regulations, and the results were shared with the exchange, reflecting the company’s adherence to regulatory requirements.

Reliance Infrastructure’s Strategic Growth Initiative
Jul 27, 2025

Reliance Infrastructure Limited, along with Reliance Power, has announced a strategic initiative to raise ₹18,000 crore through equity and debt to fuel growth in Defence & Aerospace and Renewable Energy sectors. This move, backed by unanimous board approval, underscores the group’s commitment to long-term stakeholder value and positions them as a key player in India’s defence export market and power distribution in Delhi. The leadership meet highlighted strategic partnerships with global companies like Dassault Aviation and Rheinmetall AG, aiming to enhance their manufacturing capabilities and market presence.

Reliance Infrastructure Unaffected by ED Actions, Continues Business as Usual
Jul 27, 2025

Reliance Infrastructure Limited announced that the Enforcement Directorate’s actions have concluded without impacting its business operations or stakeholders. The allegations relate to transactions of separate entities, Reliance Communications and Reliance Home Finance, which have no financial or business linkage to Reliance Infrastructure. The company remains focused on its business plans and continues to operate normally.

Reliance Infrastructure to Hold Virtual AGM on August 8, 2025
Jul 17, 2025

Reliance Infrastructure Limited has announced that its 96th Annual General Meeting (AGM) will be held on August 8, 2025, through video conferencing, allowing members to participate remotely. The company has sent the annual report and AGM notice electronically to members with registered emails, encouraging others to update their contact details for seamless communication. This move aligns with regulatory compliance and aims to enhance shareholder engagement and operational efficiency.

Reliance Infrastructure Announces Final Hearing Date for Scheme of Arrangement
Jul 11, 2025

Reliance Infrastructure Limited has announced a final hearing date for the Scheme of Arrangement between itself and Reliance Velocity Limited, scheduled for July 30, 2025, before the National Company Law Tribunal in Mumbai. This scheme is significant as it involves the merger of Reliance Velocity Limited into Reliance Infrastructure Limited, which could potentially impact the company’s market positioning and shareholder interests.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Sep 09, 2025