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Reliance Industries stock: growth
RELIANCE.NSReliance Industries reported $112.37B in revenue for fiscal 2026, up 9.6% on the prior year, up 17.8% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
12.4%
per year from 2007 to 2026, per share 11.6%
Earnings (Annual rate)
10.5%
per year from 2007 to 2026, per share 9.7%
Free cash flow (Annual rate)
no data
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2021 | since 2016 | since 2007 | |
|---|---|---|---|
| Revenue | 17.8% | 14.5% | 12.4% |
| Revenue per share | 16.6% | 13.0% | 11.6% |
| Earnings | 10.5% | 10.5% | 10.5% |
| Earnings per share | 9.3% | 9.1% | 9.7% |
| Free cash flow | no data | no data | no data |
| Free cash flow per share | no data | no data | no data |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2007 | $12.09B | $1.28B | −$1.33B |
| 2008 | $14.58B | $2.08B | −$1.34B |
| 2009 | $16.07B | $1.59B | −$1.59B |
| 2010 | $21.66B | $2.6B | −$449.38M |
| 2011 | $28.25B | $2.05B | −$216.77M |
| 2012 | $38.1B | $2.1B | $594.79M |
| 2013 | $42.2B | $2.22B | $833.09M |
| 2014 | $46.18B | $2.39B | −$1.67B |
| 2015 | $39.9B | $2.5B | −$3.03B |
| 2016 | $29.12B | $3.16B | −$1.52B |
| 2017 | $32.46B | $3.18B | −$4.25B |
| 2018 | $41.63B | $3.83B | −$1.9B |
| 2019 | $60.5B | $4.21B | −$7.77B |
| 2020 | $63.51B | $4.18B | −$917.16M |
| 2021 | $49.63B | $5.22B | −$9.52B |
| 2022 | $73.97B | $6.45B | −$1.05B |
| 2023 | $93.3B | $7.09B | −$3.88B |
| 2024 | $95.77B | $7.4B | −$2.18B |
| 2025 | $102.54B | $7.4B | $1.5B |
| 2026 | $112.37B | $8.59B | $5.51B |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 31 Mar 2026
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = ₹94.0836)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 7 Mar 2025)
- Valuation signal Overvalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.