Valuation Reliance Infrastructure Limited

Equities

Market Closed - Bombay S.E. Other stock markets 11:00:52 11/05/2026 BST			5-day change	1st Jan Change
71.27 ^INR	-5.00%		-5.00%	-56.75%

01-31	Reliance Infrastructure Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2025	CI
12-19	Shardul Securities Limited Appoints Anshu Agarwal as Additional Non-Executive Independent Director, Effective December 20, 2025	CI

Data adjusted to current consolidation scope

Fiscal Period: March	2020	2021	2022	2023	2024	2025
Capitalization ¹	2,652	9,202	29,562	50,646	107,032	102,303
Change	-	247.03%	221.26%	71.32%	111.33%	-4.42%
Enterprise Value (EV) ¹	159,512	138,998	144,283	146,722	171,929	136,073
Change	-	-12.86%	3.8%	1.69%	17.18%	-20.86%
P/E ratio	0.34x	-1.73x	-3.16x	-1.28x	-6.34x	2.14x
PBR	0.03x	0.1x	0.24x	0.54x	1.22x	0.71x
PEG	-	0x	-0x	-0x	0.1x	-0x
Capitalization / Revenue	0.01x	0.06x	0.16x	0.25x	0.49x	0.43x
EV / Revenue	0.85x	0.83x	0.78x	0.71x	0.78x	0.58x
EV / EBITDA	4.68x	4.56x	4.38x	5.01x	4.29x	2.49x
EV / EBIT	7.82x	8.09x	7.12x	9.8x	6.79x	3.34x
EV / FCF	-138x	7.8x	4.78x	3.31x	6.23x	1.97x
FCF Yield	-0.72%	12.8%	20.9%	30.2%	16%	50.7%
Dividend per Share ²	-	-	-	-	-	-
Rate of return	-	-	-	-	-	-
EPS ²	29.32	-20.24	-35.68	-113	-42.66	120.7
Distribution rate	-	-	-	-	-	-
Net sales ¹	188,700	167,046	184,111	206,464	220,669	235,919
EBITDA ¹	34,108	30,513	32,919	29,267	40,110	54,673
EBIT ¹	20,394	17,171	20,273	14,977	25,306	40,685
Net income ¹	7,712	-5,323	-9,384	-32,212	-16,087	49,375
Net Debt ¹	156,860	129,796	114,720	96,076	64,897	33,770
Reference price ²	10.10	35.05	112.60	144.15	270.50	258.55
Nbr of stocks (in thousands)	262,540	262,540	262,540	351,340	395,681	395,681
Announcement Date	30/05/20	23/08/21	10/06/22	06/07/23	12/07/24	16/07/25

¹INR in Million²INR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
RELIANCE INFRASTRUCTURE LIMITED	-	-	-	-	305M
GE VERNOVA INC.	34.7x	6.16x	45.01x	0.19%	288B
NEXTERA ENERGY	23.85x	9.72x	16.31x	2.61%	198B
IBERDROLA, S.A.	19.46x	4.11x	11.16x	3.75%	154B
ENEL S.P.A.	13.77x	1.91x	6.85x	5.19%	117B
CONSTELLATION ENERGY CORPORATION	25.53x	3.94x	14.57x	0.57%	108B
SOUTHERN COMPANY	20.82x	5.89x	13.11x	3.26%	105B
DUKE ENERGY CORPORATION	18.53x	5.66x	11.21x	3.51%	97.37B
AMERICAN ELECTRIC POWER COMPANY, INC.	20.58x	5.18x	12.56x	2.98%	71.11B
DOMINION ENERGY, INC.	17.58x	6.1x	12.53x	4.27%	55.02B
Average	21.65x	5.41x	15.92x	2.93%	119.42B
Weighted average by Cap.	23.89x	5.74x	20.40x	2.47%