Reliance Industries

Quick check

The five things to look at first. Open one for more.

• DebtHighest safetyRated AAA by 4 agencies.
• ResultsProfit fallingIn the Jun 2026 quarter, sales rose 27% and profit fell 25% from a year earlier.
• DilutionNo new sharesNo new shares issued in the last year, so existing shareholders' slices were not cut.
• PromotersSteadyThe promoters (founders or parent) own 50% of the company, about the same as in Jun 2025.
• ValuationCheap vs its pastThe share trades at 21 times its yearly earnings (P/E), cheaper than 100% of the time in the last 5 years. Its usual P/E is about 20.

Reliance Industries against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

• Valuation (P/E)21 against a typical 20.9: pricier than most peers (1st = cheapest).8th of 13
• Sales growth+27% against a typical +33.3% from a year earlier.6th of 9
• Profit growth−24.6% against a typical −13.8% from a year earlier.7th of 10
• Share price, 3 months−9.2% against a typical −6.5%.9th of 13
• Size₹ 16,10,372.1 Cr. market value against a typical ₹ 368.6 Cr. (1st = largest).1st of 11

Exchange filings and their impact on the company.

• 27 Oct 2026General UpdatesMedium impactPositivePrice −3.2% on 28 Oct
  Jio Platforms lists on Oct 28 after Rs 30,213 cr IPO, unlocking value and funding Jio growth for Reliance.

  Reliance said its subsidiary Jio Platforms completed allotment of its 27 crore-share IPO worth Rs 30,213 crore and received final listing approval. Trading in Jio Platforms shares will start on October 28, 2026. Jio Platforms will also hold a board meeting on October 30 to approve its September quarter results. For Reliance, the listing unlocks value in Jio and gives Jio fresh funds for network and digital growth while Reliance remains its parent.

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• 24 Oct 2026General UpdatesMedium impactPositivePrice +1% on 26 Oct
  Jio Platforms priced its Rs 30,213 cr IPO at Rs 1,119, funding growth and unlocking value for Reliance.

  Reliance said its subsidiary Jio Platforms closed its IPO on October 23, 2026 and fixed the issue price at Rs 1,119 per Rs 10 share. The IPO was a fresh issue of up to 27 crore shares, raising about Rs 30,213 crore for Jio Platforms. The cash will fund Jio's growth while unlocking value for Reliance shareholders on consolidation.

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• 14 Oct 2026General UpdatesHigh impactPositivePrice +3.4% on 15 Oct
  Jio Platforms fixed Rs 1,065-1,119 IPO price band, paving way for listing and value unlocking for Reliance.

  Reliance said its subsidiary Jio Platforms has fixed the IPO price band at Rs 1,065 to Rs 1,119 per share of Rs 10 face value, with a Rs 54 discount for employees and a minimum bid lot of 12 shares. This follows the filing of the Red Herring Prospectus for the proposed listing. The listing is expected to unlock value for Reliance shareholders, strengthen the balance sheet with fresh capital and fund Jio's next phase of digital and network expansion.

  Full analysisFiling
• 14 Oct 2026General UpdatesHigh impactPositivePrice +3.4% on 15 Oct
  Jio Platforms filed RHP for Oct 21-23 IPO via 27cr fresh shares, clearing path for listing and value unlocking for RIL.

  Reliance Industries said its subsidiary Jio Platforms filed its Red Herring Prospectus on October 14, 2026 for an IPO of up to 27 crore fresh shares of Rs 10 each. The IPO reserves up to Rs 500 crore for employees and up to Rs 2,500 crore for eligible RIL public shareholders as of October 14. Anchor bidding is on October 19 with subscription open October 21-23, moving the long-awaited Jio listing into its final stage.

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Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.

Listed companies in the same business.

Mukesh Dhirubhai Ambani

Executive Chairman of the Board, Managing Director

Srikanth Venkatachari

Chief Financial Officer

Savithri Parekh

Company Secretary, Compliance Officer

Anant Mukesh Ambani

Executive Director

Hital Rasiklal Meswani

Executive Director

Nikhil Rasiklal Meswani

Executive Director

Panda Madhusudana Sivaprasad

Executive Director