Reliance Industrial Infrastructure Limited (IN:RIIL)
:RIIL
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Reliance Industrial Infrastructure Limited
(RIIL)
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Rating:49Neutral
Price Target:
₹650.00
▼(-20.46% Downside)
Action:ReiteratedDate:03/24/26
The score is held up by a very strong, debt-free balance sheet, but is weighed down by weak underlying operating performance and cash conversion (negative EBIT trend and negative FY2025 operating/free cash flow). Technically, the stock is in a downtrend versus key moving averages, and valuation is a major headwind due to the very high P/E with a low dividend yield.
Positive Factors
Debt-free balance sheet
Zero reported debt and a sizeable equity cushion give RIIL durable financial flexibility. This reduces default and refinancing risk, supports capital allocation in downturns, and preserves capacity to fund maintenance, opportunistic investments or absorb shocks over the medium term.
Negative Factors
Multi-year revenue decline
Sustained revenue decline over several years signals weakening utilization, lost market share, or reduced pricing/volume under current contracts. Prolonged top-line contraction limits operating leverage, constrains margin expansion, and makes durable earnings growth harder without strategic change.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
Zero reported debt and a sizeable equity cushion give RIIL durable financial flexibility. This reduces default and refinancing risk, supports capital allocation in downturns, and preserves capacity to fund maintenance, opportunistic investments or absorb shocks over the medium term.
Read all positive factors
Reliance Industrial Infrastructure Limited (RIIL) vs. iShares MSCI India ETF (INDA)
Market Cap
₹10.72B
Dividend Yield0.42%
Average Volume (3M)2.51K
Price to Earnings (P/E)101.0
Beta (1Y)1.73
Revenue GrowthN/A
EPS GrowthN/A
CountryIN
Employees66
SectorIndustrials
Sector Strength72
IndustryEngineering & Construction
Share Statistics
EPS (TTM)1.99
Shares Outstanding15,100,000
10 Day Avg. Volume2,108
30 Day Avg. Volume2,512
Financial Highlights & Ratios
PEG Ratio-10.19
Price to Book (P/B)2.67
Price to Sales (P/S)24.88
P/FCF Ratio-406.39
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Reliance Industrial Infrastructure Limited Business Overview & Revenue Model
Company Description
Reliance Industrial Infrastructure Limited engages in setting up/operating industrial infrastructure in India. The company is involved in the transportation of petroleum products and raw water through its pipelines; hire of construction machinery;...
How the Company Makes Money
RIIL makes money primarily by earning fees and charges for providing industrial infrastructure and related services. Key revenue streams include: (1) Infrastructure/service income from operating and maintaining industrial facilities (such as stora...
Reliance Industrial Infrastructure Limited Financial Statement Overview
Summary
Income Statement
56
Neutral
Balance Sheet
78
Positive
Cash Flow
44
Neutral
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 494.80M | 494.90M | 580.86M | 680.48M | 651.88M | 543.14M |
| Gross Profit | 437.70M | 448.60M | 190.41M | 272.35M | 254.67M | 208.31M |
| EBITDA | -45.75M | -119.00M | -61.50M | 28.36M | 42.68M | 53.15M |
| Net Income | 121.00M | 119.70M | 133.18M | 175.69M | 83.52M | 96.49M |
Balance Sheet | ||||||
| Total Assets | 5.37B | 5.37B | 5.34B | 4.76B | 4.70B | 4.49B |
| Cash, Cash Equivalents and Short-Term Investments | 1.46B | 2.20B | 2.12B | 1.96B | 1.16B | 426.97M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 662.20M | 754.00M | 622.96M | 453.24M | 354.92M | 366.51M |
| Stockholders Equity | 4.71B | 4.62B | 4.71B | 4.31B | 4.35B | 4.12B |
Cash Flow | ||||||
| Free Cash Flow | -134.20M | -30.30M | 20.27M | 228.17M | 58.06M | -34.96M |
| Operating Cash Flow | -134.20M | -30.30M | 20.27M | 228.17M | 58.06M | -34.96M |
| Investing Cash Flow | 179.20M | 87.00M | 32.50M | -186.12M | -8.24M | 65.94M |
| Financing Cash Flow | -53.10M | -53.40M | -53.69M | -46.17M | -46.05M | -46.00M |
Reliance Industrial Infrastructure Limited Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | ₹14.43B | 16.63 | ― | ― | 34.48% | 40.61% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
59 Neutral | ₹6.02B | 95.10 | ― | 0.45% | -4.09% | -32.35% | |
58 Neutral | ₹24.48B | 49.83 | ― | 0.13% | 35.05% | 99.65% | |
58 Neutral | ₹10.21B | 24.44 | ― | 0.36% | 21.51% | -17.75% | |
49 Neutral | ₹10.72B | 101.05 | ― | 0.42% | ― | ― | |
47 Neutral | ₹5.73B | 204.12 | ― | 0.48% | 4.69% | -124.17% |
* Industrials Sector Average
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Reliance Industrial Infrastructure Limited Corporate Events
Reliance Industrial Infrastructure Clears Unaudited Q3 FY26 Results After Audit Review
Jan 14, 2026
Reliance Industrial Infrastructure Limited announced that its Board of Directors has approved the unaudited consolidated and standalone financial results for the quarter and nine months ended 31 December 2025, following a review and recommendation...
Reliance Industrial Infrastructure Posts Higher Q3 Profit on Stable Revenue
Jan 14, 2026
Reliance Industrial Infrastructure Limited reported largely stable consolidated financial performance for the quarter ended 31 December 2025, with total income at ₹1,848 lakh, broadly unchanged year-on-year from ₹1,860 lakh. Net profit...
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.