Reliance Industries logo

Reliance Industries share price

NSE: RELIANCEBSE: 500325Petroleum ProductsLarge Cap

Reliance Industries Limited · Face value ₹10 · Listed Jan 1978 on BSE, Nov 1995 on NSE
Last close ₹1,158.00down ₹38.20 (3.19%)BSE ₹1,158.50

Share price at the NSE close on 28 Oct 2026. Previous close ₹1,196.20.

28 Oct: open ₹1,194.50, high ₹1,204.30, low ₹1,156.40

52-week range of traded prices to 28 Oct 2026
₹1,152.20Low, 13 Oct 2026₹1,611.80High, 5 Jan 2026
Market cap
₹15,67,068 Cr1st largest listed
P/E
20.97
P/B
1.73
Dividend yield
0.52%
ROE
8.6%
ROCE
8.5%
Debt to equity
0.34
Volume, NSE
2,18,66,59845.3% delivered

Reliance Industries share price chart

Daily closes since Jan 2007, adjusted for splits and bonuses, with the demerger of Jul 2023 reinvested. Reinvested means the value of the shares of the company that was split off is treated as put back into this share at its opening price on the ex-date.

−22.1%over a year · Nifty Oil & Gas −12.3% · Nifty 500 −8.8%

Results20-session average 1,53,47,243 shares a day, 53.0% delivered

About Reliance Industries

Reliance Industries Limited is an Indian group whose businesses span oil refining, petrochemicals, oil and gas production, telecom and digital services, retail, consumer brands, and media and entertainment.12 It serves people across India, and is building a clean energy manufacturing complex at Jamnagar for solar panels, batteries and electrolysers (machines that split water to make hydrogen).34

Its reported segments are Oil to Chemicals (O2C), Oil and Gas, Retail and Digital Services; media and consumer brands are reported under others.56 O2C refines crude oil at Jamnagar and runs manufacturing divisions at Hazira, Dahej, Vadodara, Patalganga, Nagothane and Silvassa, making transport fuels, polymers, intermediates and polyester.78 Oil and Gas produces from the deep-water KG D6 block in East Godavari, Andhra Pradesh, and from coal bed methane (gas held in coal seams) at Shahdol, Madhya Pradesh.79 Jio sells telecom connectivity and cloud services, and Reliance Retail sells groceries, consumer electronics and fashion through its stores and the JioMart online platform.910 Reliance Consumer Products owns brands such as Campa and Independence, and the media business comprises JioStar, Network18 and Jio Studios.211

It was incorporated in 1973, and Dhirubhai H. Ambani was its founder chairman.123 Its promoter is Mukesh D. Ambani, chairman and managing director.1314 As of its annual report of 28 May 2026, it held 66.43% of Jio Platforms, in which Meta and Google together held 17.71%, and 83.56% each of Reliance Retail Ventures and Reliance Consumer Products.1516

Reliance Industries key points

Results

  • In the year to Mar 2026, consolidated revenue before deducting GST recovered was ₹11,75,919 crore, up 9.8%, after removing ₹1,38,114 crore of inter-segment sales; EBITDA (earnings before interest, tax, depreciation and amortisation) ₹2,07,911 crore, up 13.4%; net profit ₹95,754 crore, up 17.8%.1718
  • Reliance says it is the first Indian company to cross $10 billion in annual net profit.19
  • In the quarter to Jun 2026, consolidated revenue was ₹3,40,257 crore, up 24.5%; recurring EBITDA ₹54,067 crore, up 10.1%; net profit ₹23,196 crore, up 6.1%, against a year earlier without a ₹8,924 crore gain on selling listed investments. With it, EBITDA fell 6.8%, profit 24.6%.2021
  • Reliance's net debt (borrowings less cash and liquid investments) was ₹1,22,914 crore at the end of Jun 2026 and ₹1,24,717 crore at the end of Mar 2026, 0.60 times the preceding year's EBITDA at both.22

Market position

  • Jio says it is the world's largest standalone 5G operator outside China, with 285 million 5G subscribers at the end of Jun 2026 (standalone 5G has its own core network).23
  • Reliance's KG D6 and coal bed methane fields averaged 26.7 million standard cubic metres of gas a day (MMSCMD) in the year to Mar 2026, about 30% of India's domestic output.2425

Business segments

  • Gross revenue, including sales to other segments; EBITDA, by business, year to Mar 2026262728
    Itemyear to Mar 2026
    Oil to Chemicals₹6,62,401 crore; ₹60,546 crore
    Retail₹3,71,085 crore; ₹27,034 crore
    Digital Services₹1,76,164 crore; ₹76,560 crore
    Media and Entertainment₹40,682 crore; ₹5,842 crore
    Oil and Gas₹23,861 crore; ₹19,050 crore
  • Digital Services. Jio Platforms' revenue from operations was ₹39,173 crore in the quarter to Jun 2026, up 11.8%, and EBITDA ₹20,865 crore, up 15.1%; Jio had 533.3 million customers and 28.6 million home broadband connections.2930
  • Retail. Reliance Retail had 20,169 stores and over 396 million registered customers, up 11%, at the end of Jun 2026; quarterly gross revenue was ₹90,408 crore, up 7.4%, or 11.6% excluding the demerged consumer brands business.313233
  • Consumer brands. Reliance Consumer Products had gross revenue of over ₹8,600 crore in the quarter to Jun 2026, 2.1 times a year earlier. On its earnings call of 17 Jul 2026, the company said the business breaks even on EBITDA.3435

Production

  • The O2C business had a total throughput (crude oil and other feedstock processed) of 80.0 million tonnes (MMT) in the year to Mar 2026 and produced 70.9 MMT for sale.36

Expansion and capital spending

  • Reliance's capital spending was ₹1,44,271 crore in the year to Mar 2026, against ₹1,31,107 crore a year earlier, mainly on O2C and new energy, and ₹38,682 crore in the quarter to Jun 2026.3738
  • In its presentation of 17 Jul 2026, the company said its new energy giga-factory made about 1 GWp (gigawatt peak) of solar modules and is scaling to 20 GWp of modules a year and 120 GWh (gigawatt hours, a measure of battery storage) of batteries.39

What the company expects

  • In its presentation of 17 Jul 2026, the company said its 3-year objective is to double Reliance Retail's operating EBITDA, building online scale first, then converting it into value.4041
  • The company stated in its annual report for the year to Mar 2026 that it aims for net carbon zero (no net carbon emissions) by 2035 and has committed to establishing and enabling 100 GW of renewable energy capacity by 2030.4243

Recent events

  • On 21 Oct 2026, the rating agency ICRA reaffirmed its ratings on the company's debentures (bonds) and commercial paper (short-term borrowing), and assigned AAA with a stable outlook, ICRA's highest rating, to its bank loans.444546
  • Jio Platforms, its subsidiary, filed its red herring prospectus (offer document) on 14 Oct 2026 for an initial public offer (a first sale of shares to the public) at ₹1,065 to ₹1,119 a share, with up to ₹2,500 crore reserved for eligible Reliance shareholders.4748

Litigation and regulatory matters

  • Over gas said to have migrated into KG D6 from ONGC's blocks, the Delhi High Court in Feb 2025 set aside an arbitration award upholding the KG D6 partners' claims; the government demanded $2.81 billion, $1.87 billion of it from the company.4950
  • The company appealed to the Supreme Court in May 2025 and considers the demand remote; the court listed the case for 27 Apr 2026, with no outcome in the company's documents.5051
  • In a SEBI case over 2007 trades in shares of Reliance Petroleum, then its subsidiary, SEBI ordered the company in Mar 2017 to give up ₹447.27 crore plus interest.52
  • On the company's appeal, the Supreme Court in Dec 2020 had it deposit ₹250 crore and stayed recovery of the balance; it reserved judgment on 30 Jan 2026, with no outcome in the company's documents.53

Last updated

All 53 sources, each with its page
  1. 1. Annual report, 28 May 2026, page 16
  2. 2. Annual report, 28 May 2026, page 47
  3. 3. Annual report, 28 May 2026, page 41
  4. 4. Annual report, 28 May 2026, page 58
  5. 5. Annual report, 28 May 2026, page 168
  6. 6. Investor presentation, 17 Jul 2026, page 11
  7. 7. Annual report, 28 May 2026, page 72
  8. 8. Annual report, 28 May 2026, page 51
  9. 9. Annual report, 28 May 2026, page 42
  10. 10. Annual report, 28 May 2026, page 46
  11. 11. Annual report, 28 May 2026, page 49
  12. 12. Annual report, 28 May 2026, page 1
  13. 13. Annual report, 28 May 2026, page 110
  14. 14. Annual report, 28 May 2026, page 43
  15. 15. Annual report, 28 May 2026, page 24
  16. 16. Annual report, 28 May 2026, page 26
  17. 17. Annual report, 28 May 2026, page 44
  18. 18. Annual report, 28 May 2026, page 168
  19. 19. Annual report, 28 May 2026, page 43
  20. 20. Investor presentation, 17 Jul 2026, page 6
  21. 21. Investor presentation, 17 Jul 2026, page 10
  22. 22. Investor presentation, 17 Jul 2026, page 12
  23. 23. Investor presentation, 17 Jul 2026, page 15
  24. 24. Annual report, 28 May 2026, page 53
  25. 25. Annual report, 28 May 2026, page 81
  26. 26. Annual report, 28 May 2026, page 80
  27. 27. Annual report, 28 May 2026, page 81
  28. 28. Annual report, 28 May 2026, page 53
  29. 29. Earnings call, 17 Jul 2026, page 5
  30. 30. Earnings call, 17 Jul 2026, page 7
  31. 31. Investor presentation, 17 Jul 2026, page 23
  32. 32. Investor presentation, 17 Jul 2026, page 24
  33. 33. Investor presentation, 17 Jul 2026, page 25
  34. 34. Investor presentation, 17 Jul 2026, page 36
  35. 35. Earnings call, 17 Jul 2026, page 30
  36. 36. Annual report, 28 May 2026, page 51
  37. 37. Annual report, 28 May 2026, page 44
  38. 38. Investor presentation, 17 Jul 2026, page 12
  39. 39. Investor presentation, 17 Jul 2026, page 69
  40. 40. Investor presentation, 17 Jul 2026, page 26
  41. 41. Earnings call, 17 Jul 2026, page 8
  42. 42. Annual report, 28 May 2026, page 54
  43. 43. Annual report, 28 May 2026, page 58
  44. 44. Exchange filing, 21 Oct 2026, page 1
  45. 45. Exchange filing, 21 Oct 2026, page 2
  46. 46. Annual report, 28 May 2026, page 45
  47. 47. Exchange filing, 14 Oct 2026, page 1
  48. 48. Exchange filing, 14 Oct 2026, page 1
  49. 49. Annual report, 28 May 2026, page 127
  50. 50. Annual report, 28 May 2026, page 127
  51. 51. Annual report, 28 May 2026, page 127
  52. 52. Annual report, 28 May 2026, page 127
  53. 53. Annual report, 28 May 2026, page 127

Results

Consolidated; ₹ crore.Reliance Industries quarterly results

Revenue growth, 12 months
+14.7%
Net profit growth, 12 months
−8.3%

Quarter to Jun 2026, against the quarter before

Revenue
₹3,11,850 Crup 4.43%
Net profit
₹23,196 Crup 12.66%
Net margin
7.4%

Revenue by quarter

₹2,35,481 CrSep 24₹2,43,865 CrDec 24₹2,64,573 CrMar 25₹2,48,660 CrJun 25₹2,58,898 CrSep 25₹2,69,496 CrDec 25₹2,98,621 CrMar 26₹3,11,850 CrJun 26
Peak revenue ₹3,11,850 Cr, quarter to Jun 2026; lowest ₹2,35,481 Cr, quarter to Sep 2024

Net profit by quarter, a loss in red

₹19,323 CrSep 24₹21,930 CrDec 24₹22,611 CrMar 25₹30,783 CrJun 25₹22,092 CrSep 25₹22,290 CrDec 25₹20,589 CrMar 26₹23,196 CrJun 26
₹ croreSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue2,35,4812,43,8652,64,5732,48,6602,58,8982,69,4962,98,6213,11,850
Net profit19,32321,93022,61130,78322,09222,29020,58923,196
Net margin8.2%9.0%8.5%12.4%8.5%8.3%6.9%7.4%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Oil to Chemicals (O2C)₹6,62,401 Crup 5.66%50.4%
  • Retail₹3,71,085 Crup 12.13%28.2%
  • Digital Services₹1,76,164 Crup 14.30%13.4%
  • Oil and Gas₹23,861 Crdown 5.35%1.8%
  • Others₹80,522 Crup 44.15%6.1%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2024: days before it are of the company before the change.Reliance Industries PE ratio and valuation

Price to earnings

At or below today's level on 20% of 2,172 trading days over the last 10 years.

LowestHighest
Its median24.86Industry median11.42
Price to book

At or below today's level on 1% of 1,853 trading days since Nov 2018.

LowestHighest
Its median2.19Industry median1.56
Dividend yield

At or below today's level on 78% of 2,350 trading days over the last 10 years.

LowestHighest
Its median0.38%Industry median5.09%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearWith the demerger reinvestedEarnings growthChange in P/EDividend yield
1 year+5.8%–+16.0%−9.1%0.4%
3 years+5.3%+8.7%+6.6%−1.6%0.4%
5 years+6.4%+8.5%+9.3%−3.0%0.4%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Return a year is the share as it traded across the demerger; the next column is the same return with the demerger reinvested, empty for a window with no demerger in it. Earnings growth over 5 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the year to Mar 2021.

Shareholding

Per cent of all the company's shares, counting those held against depositary receipts traded abroad, from the filing for Sep 2026. Foreign institutions include 0.17% held as foreign direct investment: a stake taken in the company directly, such as a foreign parent's, not bought by portfolio investors.Reliance Industries shareholding pattern

Shareholding by group

  • Promoters49.62%
  • Foreign institutions16.40%
  • Indian institutions21.36%
  • Governments0.10%
  • Individuals and others10.89%
  • Depositary receipts1.62%
Holder
Srichakra Commercials LLPPromoter10.93%
Devarshi Commercials LLPPromoter8.06%
Karuna Commercials LLPPromoter8.06%
Tattvam Enterprises LLPPromoter8.06%
Life Insurance Corporation of IndiaInsurance companies6.99%
Reliance Industries Holding Private LtdPromoter4.49%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Since Jun 2026: promoters unchanged, foreign institutions −0.50 pts, Indian institutions +0.53 pts, mutual funds +0.21 pts.

The filing reports 6,289 of its 13,53,25,38,722 shares locked in.

Mutual fund holdings

660 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 227 of the 343 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 4 more funds filed their first portfolio on record, holding it.All 660 funds holding Reliance Industries

Bought for the first time
1
Bought again
6
Added
209
Cut
134
Held unchanged
306
Sold out
3
Fund
SBI Mutual Fund logoSBI Nifty 50 ETFSBI Mutual Fund12,96,84,5297.58%₹15,393.6 Cr
SBI Mutual Fund logoSBI BSE Sensex ETFSBI Mutual Fund8,91,00,3749.15%₹10,580.7 Cr
UTI Mutual Fund logoUTI Nifty 50 ETFUTI Mutual Fund4,44,74,8617.58%₹5,279.2 Cr
UTI Mutual Fund logoUTI BSE Sensex ETFUTI Mutual Fund4,19,85,2169.15%₹4,985.7 Cr
Nippon India Mutual Fund logoNippon India ETF Nifty 50 BeESNippon India Mutual Fund4,16,32,6177.58%₹4,941.8 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Large Cap FundICICI Prudential Mutual Fund3,50,95,5005.46%₹4,165.8 Cr
HDFC Mutual Fund logoHDFC Balanced Advantage FundHDFC Mutual Fund3,14,00,3113.64%₹3,727.2 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Nifty 50 ETFICICI Prudential Mutual Fund2,72,97,8947.58%₹3,240.3 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Value FundICICI Prudential Mutual Fund2,47,57,6745.13%₹2,938.7 Cr
ICICI Prudential Mutual Fund logoICICI Prudential BSE Sensex ETFICICI Prudential Mutual Fund2,43,68,8349.15%₹2,893.8 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Promoter and insider buying and selling

Trades made since 29 Oct 2025.Reliance Industries insider trading

No promoter, director, key manager or employee bought or sold on the market.

  • Promoters and promoter group: no market trade
  • Directors and key managers: no market trade · 1 pledge released · 2 off-market moves
  • Others: no market trade · 1 pledge released · 5 pledge filings of unclear kind · 2 off-market moves
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

Reliance Industries competitors and peers

Refineries & Marketing, 14 listed companies, priced on 28 Oct 2026. The table lists the 8 companies closest to Reliance Industries in market cap.Oil and gas companies

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Indian Oil Corporation logoIndian Oil CorporationIOC1,83,7885.460.84+11.6%+99.3%16.6%13.8%6.34%
Bharat Petroleum Corporation logoBharat Petroleum CorporationBPCL1,24,5157.881.23+16.5%−25.6%16.2%12.1%6.10%
Hindustan Petroleum Corporation logoHindustan Petroleum CorporationHINDPETRO73,86751.401.40+13.8%−89.7%2.6%1.0%6.99%
Mangalore Refinery and Petrochemicals logoMangalore Refinery and PetrochemicalsMRPL30,3026.861.78+35.2%+327.4%29.1%28.8%4.05%
Chennai Petroleum Corporation logoChennai Petroleum CorporationCHENNPETRO22,6553.971.67+21.8%+387.4%50.9%48.4%4.08%
Rajasthan Securities logoRajasthan SecuritiesRAJSEC4636.973.96–+298.7%87.1%21.1%0.00%
Kotyark Industries logoKotyark IndustriesKOTYARK39117.532.12––13.3%–1.32%
Rajputana Biodiesel logoRajputana BiodieselRAJPUTANA13913.172.78+81.3%+77.7%23.2%–0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Reliance Industries dividend history

Dividend per share, ₹, restated for later splits and bonuses

2.8Mar 173Mar 183.3Mar 193.3Mar 203.5Mar 214Mar 224.5Mar 235Mar 245.5Mar 256Mar 26
Highest ₹6.00 a share, year to Mar 2026.
Ex-dateTypePer share
5 Jun 2026Final₹6.00
14 Aug 2025Final₹5.50
19 Aug 2024Final₹10.00
21 Aug 2023Final₹9.00
18 Aug 2022Final₹8.00
11 Jun 2021Final₹7.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Reliance Industries announcements

  1. Oct 2026

Reliance Industries annual report, year to Mar 2026

Reliance Industries share price by year

Each calendar year to 2025.Reliance Industries share price history

YearClose at year endChangeHighest closeLowest close
20251,570.40+29.2%1,575.401,161.90
20241,215.45−6.0%1,600.901,205.30
2023Demerger1,292.48+1.5%1,420.931,100.63
20221,273.60+7.6%1,409.931,117.75
20211,184.08+19.3%1,365.93920.98
2020992.65+31.1%1,162.28442.03
2019757.03+35.0%804.98546.38
2018560.63+21.7%659.50441.35
2017460.53+70.2%476.28253.98
2016270.60+6.7%277.70226.64
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. With the demerger of 20 Jul 2023 reinvested, the change in 2023 is +11.8%.

Recent sessions

The 9 trading days to 27 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
27 Oct 20261,195.001,202.601,184.001,196.201,193.771,30,67,78746.1%
26 Oct 20261,186.101,204.501,174.501,201.801,195.0074,90,51536.5%
23 Oct 20261,184.001,201.901,163.101,190.001,180.791,49,05,64151.2%
22 Oct 20261,206.201,208.001,184.501,184.501,192.531,49,57,04233.5%
21 Oct 20261,212.001,234.301,199.301,209.001,216.711,76,07,82346.4%
19 Oct 20261,212.001,228.201,201.001,202.001,212.321,55,72,55439.6%
16 Oct 20261,215.001,215.401,193.001,211.201,207.221,72,25,28359.6%
15 Oct 20261,185.201,218.801,177.201,215.001,206.092,34,56,21956.9%
14 Oct 20261,167.001,188.001,162.701,174.601,177.601,09,38,19551.1%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus share history

Ex-dateEventPrice factorWhat happened
28 Oct 2024Bonus0.5000Holders received 1 bonus share for every 1 held.
20 Jul 2023Demerger0.9079Part of the business became a separate company. The factor is the opening price on the ex-date divided by the previous close. The chart shows earlier prices with the demerger reinvested.
13 May 2020Rights issue–Shareholders were offered new shares. Noted, not adjusted for.
7 Sep 2017Bonus0.5000Holders received 1 bonus share for every 1 held.
26 Nov 2009Bonus0.5000Holders received 1 bonus share for every 1 held.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout. Any other event is noted and not adjusted for.

Company details

Chairperson and managing director
Mukesh Dhirubhai Ambani
At the end of the quarter to Jun 2026
NSE symbol
RELIANCE
BSE code
500325
ISIN
INE002A01018
Industry
Petroleum Products
CIN
L17110MH1973PLC019786
Corporate identity number, the registrar of companies' code for it
Incorporated
1973
Registered office
Maker Chambers IV, 3rd Floor, 222 Nariman Point, Mumbai 400021, Maharashtra
Share registrar
KFin Technologies Ltd
Keeps the register of shareholders and handles transfers and dividend payments

Earlier listing: Reliance Industries partly paid (BSE 890147), delisted on 17 Mar 2025.