About Reliance Communications Limited
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Reliance Communications Limited is a public limited company based in Navi Mumbai, Maharashtra, India, a subsidiary of Reliance Innoventures Private Limited. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the telecom service providers segment of the telecommunications sector. It was incorporated on 15 July 2004.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L45309MH2004PLC147531. Its GSTIN is 27AACCR7832C1ZH (Maharashtra). The company holds 46 GST registrations, of which 28 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 532712 and NSE: RCOM.
The company has an authorised share capital of ₹5,000 Cr and a paid-up capital of ₹1,382.77 Cr. It was formerly known as Reliance Infrastructure Developers Private Limited and Reliance Infrastructure Developers Limited. It is led by directors including Punit Narendra Garg and Rakesh Gupta (Manager).
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Navi Mumbai, Maharashtra.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹314 Cr, a decline of 12.3% compared to the previous year. For the same year it recorded a net loss of ₹318.19 Cr (net margin -101.3%) and EBITDA of -₹11,000 Cr.
The company has about 299 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Reliance Data Center and Reliance Communications. As per MCA filings, the company has open charges of ₹92,233 Cr and satisfied charges of ₹65,236 Cr on record. Court records list 1,473 cases involving the company, including 953 filed by the company and 521 filed against it; 182 cases are pending. The company has 113 deals on record (109 market trades, 3 acquisitions, 1 qip); the latest was in January 2022. Its 3 peer companies in the Telecom industry (Communications, Telecom Service Providers), with the same principal business activity (wired, wireless or satellite telecommunication activities) are compared by revenue, 1 larger and 2 smaller; the largest is BT Global Communications India Private Limited with revenue of ₹484.56 Cr. The company has 11 MSME Form 1 returns on record between 2019 and 2024, listing 149 overdue payments to 28 micro and small suppliers.
The last known website on record is rcom.co.in.
Company details
Name history
Reliance Communications has undergone 4 name changes throughout its history. The current legal name is Reliance Communications Limited.
| Company Name | Status |
|---|---|
| Reliance Communications Limited | Current |
| Reliance Infrastructure Developers Private Limited | Previous |
| Reliance Infrastructure Developers Limited | Previous |
| Reliance Communications Ventures Limited | Previous |
| Reliance Communication Ventures Limited | Previous |
Contact details
Reliance Communications Limited's registered office is in Navi Mumbai, Maharashtra. Its website is rcom.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressH Block 1st Fl., Dhirubhai Ambani Knowledge City) India, Navi Mumbai, Maharashtra, India – 400710
- IndustryTelecom, Telecom Service Providers
To see the full contact details of Reliance Communications Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Reliance Communications operates two associated brands: Reliance Data Center and Reliance Communications. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides data center and colocation services for businesses. | relianceidc.com | |
| Pan-India telecommunications services in wireless, wireline, and data are provided. | rcom.co.in |
Business activity
The main business activity of Reliance Communications is information and communication. In detail, this covers wired, wireless or satellite telecommunication activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J5 | Wired, wireless or satellite Telecommunication activities |
To see the full business activity and turnover split of Reliance Communications Limited, buy the company report.
Financials of Reliance Communications Limited
FY 2025-26 filings availableReliance Communications Limited reported revenue of ₹314 Cr (down 12.3% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 314 | 358 | 383 | 479 | 556 | 760 | 1,685 |
| Revenue growth | -12.3% | -6.5% | -20.0% | -13.9% | -26.8% | -54.9% | - |
| EBITDA | (11,000) | (9,255) | (7,122) | (14,632) | (6,468) | (5,618) | (42,300) |
| EBITDA margin | -3503.2% | -2585.2% | -1859.5% | -3054.7% | -1163.3% | -739.2% | -2510.4% |
| Profit before tax | (11,120) | (9,385) | (7,198) | (14,787) | (6,638) | (5,802) | (42,663) |
| Net profit | (318) | (9,348) | (7,274) | (14,393) | (214) | (5,791) | (32,460) |
| Net profit margin | -101.3% | -2611.2% | -1899.2% | -3004.8% | -38.5% | -762.0% | -1926.4% |
| EPS (₹) | (40.54) | (33.94) | (26.07) | (52.42) | (23.93) | (20.94) | (154.27) |
| Balance sheet | |||||||
| Total assets | - | (44,174) | (34,793) | (27,515) | (14,599) | (7,895) | (2,088) |
| Net worth | - | (91,490) | (82,130) | (74,891) | (60,573) | (53,906) | (48,156) |
| Total debt | - | 47,216 | 47,231 | 47,261 | 45,572 | 45,577 | 45,584 |
| Cash & bank | - | 439 | 386 | 388 | 869 | 826 | 556 |
| Net working capital | - | (47,964) | (38,733) | (31,578) | (18,719) | (11,939) | (6,480) |
| Cash flow | |||||||
| Cash from operations | - | 26.00 | (40.00) | (64.00) | 119 | 328 | 19.00 |
| Cash from investing | - | 21.00 | 65.00 | (175) | (298) | (6.00) | (355) |
| Cash from financing | - | (58.00) | (38.00) | (22.00) | (51.00) | (55.00) | (54.00) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 74.00 | 81.00 | 63.00 | 87.00 | 83.00 | 87.00 | 87.00 | 88.00 |
| Revenue growth (YoY) | -10.8% | -6.9% | -27.6% | -1.1% | -14.4% | - | - | - |
| Other income | 476 | 10.00 | 9.00 | 8.00 | 8.00 | 14.00 | 14.00 | 8.00 |
| EBITDA | (1,246) | (3,072) | (2,730) | (2,670) | (2,528) | (2,470) | (2,354) | (2,255) |
| EBITDA margin | -1683.8% | -3792.6% | -4333.3% | -3069.0% | -3045.8% | -2839.1% | -2705.7% | -2562.5% |
| Depreciation | 26.00 | 26.00 | 29.00 | 28.00 | 29.00 | 31.00 | 28.00 | 28.00 |
| Interest | 11.00 | 11.00 | 11.00 | 11.00 | 11.00 | 11.00 | 11.00 | 11.00 |
| Profit before tax | (807) | (3,099) | (2,761) | (2,701) | (2,560) | (2,498) | (2,379) | (2,286) |
| Tax | 2.00 | (2.00) | 6.00 | 0.00 | 0.00 | 4.00 | 0.00 | 0.00 |
| Net profit | (809) | (3,097) | (2,767) | (2,701) | (2,560) | (2,502) | (2,379) | (2,286) |
| EPS (₹) | (2.95) | (11.29) | (10.08) | (9.84) | (9.32) | (9.12) | (8.67) | (8.33) |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 221 | 270 | 290 | 332 | 345 | 483 | 818 |
| Revenue growth | -18.2% | -6.9% | -12.7% | -3.8% | -28.6% | -41.0% | - |
| EBITDA | (9,597) | (8,027) | (6,965) | (10,453) | (5,491) | (4,757) | (45,155) |
| EBITDA margin | -4342.5% | -2973.0% | -2401.7% | -3148.5% | -1591.6% | -984.9% | -5520.2% |
| Profit before tax | (9,688) | (8,125) | (7,069) | (10,561) | (5,617) | (4,889) | (45,338) |
| Net profit | (351) | (162) | (6,078) | (180) | (262) | (252) | (30,087) |
| Net profit margin | -158.8% | -60.0% | -2095.9% | -54.2% | -75.9% | -52.2% | -3678.1% |
| EPS (₹) | (35.30) | (29.37) | (25.56) | (38.18) | (20.31) | (17.68) | (163.91) |
| Balance sheet | |||||||
| Total assets | - | (29,165) | (21,038) | (13,961) | (3,399) | 2,231 | 7,148 |
| Net worth | - | (69,204) | (61,080) | (54,011) | (43,450) | (37,834) | (32,946) |
| Total debt | - | 39,934 | 39,934 | 39,934 | 39,934 | 39,933 | 39,933 |
| Cash & bank | - | 225 | 228 | 213 | 284 | 255 | 274 |
| Net working capital | - | (37,725) | (29,705) | (23,380) | (16,932) | (11,435) | (6,902) |
| Cash flow | |||||||
| Cash from operations | - | (9.00) | 1.00 | (46.00) | 47.00 | (12.00) | 67.00 |
| Cash from investing | - | 7.00 | 10.00 | (24.00) | (20.00) | (6.00) | (6.00) |
| Cash from financing | - | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 | (12.00) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 56.00 | 56.00 | 40.00 | 64.00 | 61.00 | 64.00 | 65.00 | 66.00 |
| Revenue growth (YoY) | -8.2% | -12.5% | -38.5% | -3.0% | -18.7% | - | - | - |
| Other income | 293 | 2.00 | 3.00 | 2.00 | 2.00 | 3.00 | 2.00 | 1.00 |
| Total expenses | 989 | 2,759 | 2,418 | 2,387 | 2,254 | 2,154 | 2,108 | 2,066 |
| EBITDA | (933) | (2,703) | (2,378) | (2,323) | (2,193) | (2,090) | (2,043) | (2,000) |
| EBITDA margin | -1666.1% | -4826.8% | -5945.0% | -3629.7% | -3595.1% | -3265.6% | -3143.1% | -3030.3% |
| Depreciation | 23.00 | 23.00 | 26.00 | 26.00 | 26.00 | 26.00 | 27.00 | 26.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | (663) | (2,724) | (2,401) | (2,347) | (2,217) | (2,113) | (2,068) | (2,025) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 74.00 | 81.00 | 63.00 | 87.00 | 83.00 | 87.00 | 87.00 | 88.00 |
| Revenue growth (YoY) | -10.8% | -6.9% | -27.6% | -1.1% | -14.4% | - | - | - |
| Other income | 476 | 10.00 | 9.00 | 8.00 | 8.00 | 14.00 | 14.00 | 8.00 |
| EBITDA | (1,246) | (3,072) | (2,730) | (2,670) | (2,528) | (2,470) | (2,354) | (2,255) |
| EBITDA margin | -1683.8% | -3792.6% | -4333.3% | -3069.0% | -3045.8% | -2839.1% | -2705.7% | -2562.5% |
| Depreciation | 26.00 | 26.00 | 29.00 | 28.00 | 29.00 | 31.00 | 28.00 | 28.00 |
| Interest | 11.00 | 11.00 | 11.00 | 11.00 | 11.00 | 11.00 | 11.00 | 11.00 |
| Profit before tax | (807) | (3,099) | (2,761) | (2,701) | (2,560) | (2,498) | (2,379) | (2,286) |
| Tax | 2.00 | (2.00) | 6.00 | 0.00 | 0.00 | 4.00 | 0.00 | 0.00 |
| Net profit | (809) | (3,097) | (2,767) | (2,701) | (2,560) | (2,502) | (2,379) | (2,286) |
| EPS (₹) | (2.95) | (11.29) | (10.08) | (9.84) | (9.32) | (9.12) | (8.67) | (8.33) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 314 | 358 | 383 | 479 | 556 | 760 | 1,685 |
| Revenue growth | -12.3% | -6.5% | -20.0% | -13.9% | -26.8% | -54.9% | - |
| Other income | 35.00 | 33.00 | 98.00 | 28.00 | 28.00 | 19.00 | 53.00 |
| Total expenses | 11,314 | 9,613 | 7,505 | 15,111 | 7,024 | 6,378 | 43,985 |
| Employee cost | 0.00 | 34.00 | 38.00 | 52.00 | 70.00 | 91.00 | 210 |
| EBITDA | (11,000) | (9,255) | (7,122) | (14,632) | (6,468) | (5,618) | (42,300) |
| EBITDA margin | -3503.2% | -2585.2% | -1859.5% | -3054.7% | -1163.3% | -739.2% | -2510.4% |
| Depreciation | 111 | 117 | 127 | 136 | 151 | 155 | 354 |
| Interest | 44.00 | 46.00 | 47.00 | 47.00 | 47.00 | 48.00 | 62.00 |
| Profit before tax | (11,120) | (9,385) | (7,198) | (14,787) | (6,638) | (5,802) | (42,663) |
| Tax | 5.00 | 4.00 | 14.00 | (3.00) | (1.00) | 10.00 | 14.00 |
| Net profit | (318) | (9,348) | (7,274) | (14,393) | (214) | (5,791) | (32,460) |
| Net profit margin | -101.3% | -2611.2% | -1899.2% | -3004.8% | -38.5% | -762.0% | -1926.4% |
| EPS (₹) | (40.54) | (33.94) | (26.07) | (52.42) | (23.93) | (20.94) | (154.27) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | - | 1,383 | 1,383 | 1,383 | 1,383 | 1,383 | 1,383 |
| Reserves & surplus | - | (92,873) | (83,513) | (76,274) | (61,956) | (55,289) | (49,539) |
| Shareholders' funds (net worth) | - | (91,490) | (82,130) | (74,891) | (60,573) | (53,906) | (48,156) |
| Minority interest | - | (5.00) | (6.00) | (5.00) | 278 | 294 | 316 |
| Secured loans | - | 30,133 | 30,133 | 30,153 | 32,884 | 32,883 | 32,884 |
| Unsecured loans | - | 17,083 | 17,098 | 17,108 | 12,688 | 12,694 | 12,700 |
| Total debt | - | 47,216 | 47,231 | 47,261 | 45,572 | 45,577 | 45,584 |
| Total liabilities | - | (44,174) | (34,793) | (27,515) | (14,599) | (7,895) | (2,088) |
| Assets | |||||||
| Gross block | - | 23,861 | 23,877 | 23,953 | 24,033 | 23,967 | 23,749 |
| Net block | - | 2,746 | 2,895 | 3,087 | 3,453 | 3,561 | 3,713 |
| Capital work in progress | - | 53.00 | 64.00 | 69.00 | 158 | 196 | 193 |
| Investments | - | 36.00 | 35.00 | 56.00 | 50.00 | 57.00 | 55.00 |
| Inventories | - | 2.00 | 2.00 | 2.00 | 2.00 | 29.00 | 32.00 |
| Sundry debtors | - | 311 | 311 | 288 | 295 | 448 | 490 |
| Cash & bank balances | - | 439 | 386 | 388 | 869 | 826 | 556 |
| Loans & advances | - | 31,645 | 31,677 | 31,797 | 41,211 | 41,286 | 41,273 |
| Total current assets | - | 32,397 | 32,376 | 32,475 | 42,377 | 42,589 | 42,351 |
| Total current liabilities | - | 80,361 | 71,109 | 64,053 | 61,096 | 54,528 | 48,831 |
| Net working capital | - | (47,964) | (38,733) | (31,578) | (18,719) | (11,939) | (6,480) |
| Total assets | - | (44,174) | (34,793) | (27,515) | (14,599) | (7,895) | (2,088) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | - | 205 | 218 | 479 | 709 | 442 | 832 |
| Net cash from operating activities | - | 26.00 | (40.00) | (64.00) | 119 | 328 | 19.00 |
| Net cash from investing activities | - | 21.00 | 65.00 | (175) | (298) | (6.00) | (355) |
| Net cash from financing activities | - | (58.00) | (38.00) | (22.00) | (51.00) | (55.00) | (54.00) |
| Net change in cash | - | (11.00) | (13.00) | (261) | (230) | 267 | (390) |
| Closing cash | - | 439 | 386 | 388 | 869 | 826 | 556 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -12.3% | -6.5% | -20.0% | -13.9% | -26.8% | -54.9% | - |
| EBITDA growth | -18.9% | -30.0% | +51.3% | -126.2% | -15.1% | +86.7% | - |
| PBT growth | -18.5% | -30.4% | +51.3% | -122.8% | -14.4% | +86.4% | -790.1% |
| Net income growth | +96.6% | -28.5% | +49.5% | -6625.7% | +96.3% | +82.2% | - |
| Revenue CAGR (3Y) | -13.1% | -13.7% | -20.4% | -34.3% | -48.3% | -45.1% | -36.4% |
| EBITDA CAGR (3Y) | -9.1% | +12.7% | +8.2% | -29.8% | +2.7% | -37.6% | +379.8% |
| Profitability & leverage | |||||||
| Net income margin | -3543.0% | -2622.6% | -1883.0% | -3086.4% | -1193.7% | -764.7% | -2532.8% |
| Return on capital employed | - | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Return on net worth | - | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Debt / equity | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | -0.40 | -0.49 | -0.65 | -0.32 | -0.71 | -0.83 | -0.15 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 0.02 | 0.02 | 0.02 | 0.02 | 0.03 | 0.06 |
| Inventory turnover | - | 179.00 | 191.50 | 239.50 | 35.87 | 24.92 | 35.47 |
| Debtors turnover | - | 1.15 | 1.28 | 1.64 | 1.50 | 1.62 | 1.84 |
| EPS (₹) | (40.54) | (33.94) | (26.07) | (52.42) | (23.93) | (20.94) | (154.27) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | (330.77) | (296.93) | (270.76) | (218.99) | (194.89) | (174.10) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 56.00 | 56.00 | 40.00 | 64.00 | 61.00 | 64.00 | 65.00 | 66.00 |
| Revenue growth (YoY) | -8.2% | -12.5% | -38.5% | -3.0% | -18.7% | - | - | - |
| Other income | 293 | 2.00 | 3.00 | 2.00 | 2.00 | 3.00 | 2.00 | 1.00 |
| Total expenses | 989 | 2,759 | 2,418 | 2,387 | 2,254 | 2,154 | 2,108 | 2,066 |
| EBITDA | (933) | (2,703) | (2,378) | (2,323) | (2,193) | (2,090) | (2,043) | (2,000) |
| EBITDA margin | -1666.1% | -4826.8% | -5945.0% | -3629.7% | -3595.1% | -3265.6% | -3143.1% | -3030.3% |
| Depreciation | 23.00 | 23.00 | 26.00 | 26.00 | 26.00 | 26.00 | 27.00 | 26.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | (663) | (2,724) | (2,401) | (2,347) | (2,217) | (2,113) | (2,068) | (2,025) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 221 | 270 | 290 | 332 | 345 | 483 | 818 |
| Revenue growth | -18.2% | -6.9% | -12.7% | -3.8% | -28.6% | -41.0% | - |
| Other income | 9.00 | 8.00 | 8.00 | 8.00 | 4.00 | 0.00 | 0.00 |
| Total expenses | 9,818 | 8,297 | 7,255 | 10,785 | 5,836 | 5,240 | 45,973 |
| Employee cost | 0.00 | 31.00 | 35.00 | 45.00 | 61.00 | 82.00 | 105 |
| EBITDA | (9,597) | (8,027) | (6,965) | (10,453) | (5,491) | (4,757) | (45,155) |
| EBITDA margin | -4342.5% | -2973.0% | -2401.7% | -3148.5% | -1591.6% | -984.9% | -5520.2% |
| Depreciation | 100 | 106 | 112 | 116 | 130 | 132 | 183 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | (9,688) | (8,125) | (7,069) | (10,561) | (5,617) | (4,889) | (45,338) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | (351) | (162) | (6,078) | (180) | (262) | (252) | (30,087) |
| Net profit margin | -158.8% | -60.0% | -2095.9% | -54.2% | -75.9% | -52.2% | -3678.1% |
| EPS (₹) | (35.30) | (29.37) | (25.56) | (38.18) | (20.31) | (17.68) | (163.91) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | - | 1,383 | 1,383 | 1,383 | 1,383 | 1,383 | 1,383 |
| Reserves & surplus | - | (70,196) | (62,072) | (55,003) | (44,442) | (38,826) | (33,938) |
| Shareholders' funds (net worth) | - | (69,204) | (61,080) | (54,011) | (43,450) | (37,834) | (32,946) |
| Secured loans | - | 28,181 | 28,181 | 28,181 | 28,181 | 28,181 | 28,181 |
| Unsecured loans | - | 11,753 | 11,753 | 11,753 | 11,753 | 11,752 | 11,752 |
| Total debt | - | 39,934 | 39,934 | 39,934 | 39,934 | 39,933 | 39,933 |
| Total liabilities | - | (29,165) | (21,038) | (13,961) | (3,399) | 2,231 | 7,148 |
| Assets | |||||||
| Gross block | - | 4,837 | 4,835 | 4,831 | 4,829 | 4,792 | 4,617 |
| Net block | - | 949 | 1,054 | 1,162 | 1,276 | 1,369 | 1,495 |
| Capital work in progress | - | 53.00 | 55.00 | 60.00 | 61.00 | 100 | 97.00 |
| Investments | - | 6,857 | 6,857 | 7,496 | 11,496 | 11,496 | 11,496 |
| Inventories | - | 2.00 | 2.00 | 2.00 | 1.00 | 28.00 | 32.00 |
| Sundry debtors | - | 94.00 | 100 | 82.00 | 75.00 | 145 | 253 |
| Cash & bank balances | - | 225 | 228 | 213 | 284 | 255 | 274 |
| Loans & advances | - | 30,186 | 30,211 | 30,579 | 30,607 | 30,692 | 30,608 |
| Total current assets | - | 30,507 | 30,541 | 30,876 | 30,967 | 31,120 | 31,167 |
| Total current liabilities | - | 68,232 | 60,246 | 54,256 | 47,899 | 42,555 | 38,069 |
| Net working capital | - | (37,725) | (29,705) | (23,380) | (16,932) | (11,435) | (6,902) |
| Total assets | - | (29,165) | (21,038) | (13,961) | (3,399) | 2,231 | 7,148 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | - | 185 | 174 | 244 | 216 | 234 | 185 |
| Net cash from operating activities | - | (9.00) | 1.00 | (46.00) | 47.00 | (12.00) | 67.00 |
| Net cash from investing activities | - | 7.00 | 10.00 | (24.00) | (20.00) | (6.00) | (6.00) |
| Net cash from financing activities | - | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 | (12.00) |
| Net change in cash | - | (2.00) | 11.00 | (70.00) | 28.00 | (18.00) | 49.00 |
| Closing cash | - | 225 | 228 | 213 | 284 | 255 | 274 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -18.2% | -6.9% | -12.7% | -3.8% | -28.6% | -41.0% | - |
| EBITDA growth | -19.6% | -15.3% | +33.4% | -90.4% | -15.4% | +89.5% | - |
| PBT growth | -19.2% | -14.9% | +33.1% | -88.0% | -14.9% | +89.2% | - |
| Net income growth | -116.7% | +97.3% | -3276.7% | +31.3% | -4.0% | +99.2% | - |
| Revenue CAGR (3Y) | -12.7% | -7.9% | -15.6% | -26.0% | -37.0% | -40.0% | -38.6% |
| EBITDA CAGR (3Y) | -2.8% | +13.5% | +13.6% | -38.6% | +32.4% | -27.9% | +199.9% |
| Profitability & leverage | |||||||
| Net income margin | -4383.7% | -3009.3% | -2437.6% | -3181.0% | -1628.1% | -1012.2% | -5542.5% |
| Return on capital employed | - | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Return on net worth | - | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Debt / equity | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 0.06 | 0.06 | 0.07 | 0.07 | 0.10 | 0.17 |
| Inventory turnover | - | 135.00 | 145.00 | 221.33 | 23.79 | 16.10 | 17.59 |
| Debtors turnover | - | 2.78 | 3.19 | 4.23 | 3.14 | 2.43 | 0.92 |
| EPS (₹) | (35.30) | (29.37) | (25.56) | (38.18) | (20.31) | (17.68) | (163.91) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | (248.78) | (219.41) | (193.85) | (155.67) | (135.37) | (117.70) |
To see the full year-wise statements and ratios of Reliance Communications Limited, buy the company report.
Board of directors and KMP of Reliance Communications Limited
Reliance Communications Limited currently reports 4 directors and 1 key managerial person. 15 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Punit Narendra Garg | Director | 05 Apr 2019 | 7 Years 6 Months | As last reported |
| Rakesh Gupta | Manager | 11 Mar 2024 | 2 Years 7 Months | As last reported |
| Priyanka Agarwal | Additional Director | 09 Dec 2024 | 1 Years 10 Months | As last reported |
| Gopalan Srinivasan Also directs: Globalcom Mobile Commerce Limited | Cfo | 11 Mar 2024 | 2 Years 7 Months | As last reported |
| Grace Thomas | Director | 03 Feb 2024 | 2 Years 8 Months | As last reported |
Peer comparison
Reliance Communications Limited is compared with the 3 companies closest to it by revenue in the Telecom industry (Communications, Telecom Service Providers), with the same principal business activity (wired, wireless or satellite telecommunication activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| BT Global Communications India Private Limited | ₹484.56 Cr (FY 2025) | -6.0% | Delhi, India | |||
| Indusind Media and Communications Limited | ₹322.96 Cr (FY 2025) | -19.0% | Mumbai, Maharashtra, India | |||
| Nelco Limited | ₹322.66 Cr (FY 2024) | 2.0% | Navi Mumbai, Maharashtra, India | |||
| Reliance Communications Limitedthis company | ₹314 Cr (FY 2026) | -₹318.19 Cr | -101.3% | -12.3% | 299 | Navi Mumbai, Maharashtra, India |
To see the full peer comparison of Reliance Communications Limited, buy the company report.
Auditor
Reliance Communications Limited is audited by Pathak H. D. & Associates LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Pathak H. D. & Associates LLP | FY 2022 | 107783W/W100593 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 0.80%, foreign institutional investors hold 0.10%, domestic institutional investors hold 4.30% and retail and other public shareholders hold 94.80%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 0.80% | 0.80% | 0.80% | 0.80% |
| Public | 99.20% | 99.20% | 99.20% | 99.20% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Sep 2018 | 100203422 | State Bank of India | ₹46,243 Cr | Open | |
| 21 Jul 2017 | 100160000 | Yes Bank Limited | ₹391 Cr | Open | |
| 30 May 2017 | 100100249 | Others | ₹200 Cr | Open | |
| 13 Feb 2017 | 100076820 | Others | ₹500 Cr | Open | |
| 08 Feb 2017 | 100075981 | Others | ₹250 Cr | Open |
To see the full charge records of Reliance Communications Limited, buy the company report.
Total charge records: 80 View all charges
Deals & funding
Reliance Communications Limited has 113 deals on record (109 market trades, 3 acquisitions, 1 qip); the latest was in January 2022.
Deals on record (5 of 113)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2021 | Market trade | ₹5.98 Cr | Buyer: Topgain Finance Private Limited Seller: Topgain Finance Private Limited |
| Dec 2021 | Market trade | ₹15.67 Cr | Buyer: Share India Securities Limited, Adroit Financial Services Private Limited Seller: Share India Securities Limited, Adroit Financial Services Private Limited |
| Dec 2021 | Market trade | ₹13.79 Cr | Buyer: Alpha Leon Enterprises LLP , Adroit Financial Services Private Limited Seller: Adroit Financial Services Private Limited , Alpha Leon Enterprises LLP |
| Dec 2021 | Market trade | ₹6.33 Cr | Buyer: Topgain Finance Private Limited Seller: Topgain Finance Private Limited |
| Oct 2021 | Market trade | ₹11.36 Cr | Buyer: Alpha Leon Enterprises LLP , an individual Seller: Alpha Leon Enterprises LLP , an individual |
To see the full deal history of Reliance Communications Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Reliance Communications Limited has 1,473 court cases on record: 953 filed by Reliance Communications, 521 filed against it. 182 cases are pending and 1,291 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 773 | 246 | 61 |
| High courts | 573 | 191 | 72 |
| Supreme Court | 105 | 63 | 46 |
| NCLAT | 18 | 18 | 3 |
| NCLT | 4 | 3 | 0 |
Cases on record (5 of 1,473)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, Restoration App | Court case (Restoration App) | Filed against the company by The Best Towers Private Limited | Disposed |
| NCLAT, Company Appeal(AT)(Ins) | Insolvency matter | Filed against the company by The Best Towers Private Limited | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by The Best Towers Private Limited | Disposed |
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed by the company against Vijay Kumar Iyer Erstwhile Resolution Professional Aircel Group of Companies, Having His Correspondence Office at Deloitte Touche Tohmatsu India LLP, One International Centre, Tower 3, 27Th Floor, Senapati Bapat Marg, Elphinstone Road (West), Mumbai ,Mumbai , Maharashtra and 3 others | Disposed |
| District court, North, Delhi | Court case (Succ. Court) | Filed against the company | Pending |
To see the full case history of Reliance Communications Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Reliance Communications Limited was last rated by Care on 27 Feb 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 27 Feb 2023 |
To see the full credit ratings and regulatory alerts of Reliance Communications Limited, buy the company report.
MSME payment delays
Reliance Communications Limited has 11 MSME Form 1 returns on record between 2019 and 2024, listing 149 overdue payments to 28 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 28)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ardom Telecom Private Limited | |||
| an individual supplier | |||
| Afoozo Private Limited | |||
| Ab Solutions | |||
| an individual supplier |
To see the full MSME payment records of Reliance Communications Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Reliance Communications Limited has a workforce of 299 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Reliance Communications has 46 GST registrations: 28 active and 18 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCR7832C1ZH | Maharashtra | Active | 01 Jul 2017 |
| 02AACCR7832C1ZT | Himachal Pradesh | Active | 01 Jul 2017 |
| 03AACCR7832C1ZR | Punjab | Active | 01 Jul 2017 |
| 04AACCR7832C1ZP | Chandigarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Reliance Communications Limited, buy the company report.
Recent activity
Reliance Communications Limited has 35 board changes on record since 2006: 20 appointments and 15 cessations. The latest: Chhaya Virani ceased to be Director on 14 Feb 2025.
173 earlier events are in the company report.
News
Frequently asked questions
Reliance Communications is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Reliance Communications is a company under insolvency, formerly operating as a public limited company based in Navi Mumbai, Maharashtra, India. The company works in telecom service providers, within the telecom industry. It was incorporated on 15 July 2004 and is registered under CIN L45309MH2004PLC147531. Listed on BSE: 532712 and NSE: RCOM. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Reliance Communications reported revenue of ₹314 Cr for FY 2025-26 (down 12.3% YoY) based on consolidated financials.
Reliance Communications has 5 current directors and KMP:
- Punit Narendra Garg - Director
- Priyanka Agarwal - Additional Director
- Grace Thomas - Director
- Rakesh Gupta - Manager
- Gopalan Srinivasan - Cfo
The latest financial statements of Reliance Communications on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Reliance Communications is L45309MH2004PLC147531. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Reliance Communications is a listed company as per MCA records. Its shares are listed on both BSE (code: 532712) and NSE (symbol: RCOM).
Reliance Communications has open charges of ₹92,233 Cr and satisfied charges of ₹65,236 Cr as per latest MCA filings.
Reliance Communications has 1,473 court cases on record: 953 filed by the company and 521 filed against it. 182 are pending. Most are in the district courts.
Reliance Communications was incorporated on 15 July 2004. It is registered with the Registrar of Companies, Mumbai.
Reliance Communications has 113 deals on record (109 market trades, 3 acquisitions, 1 qip); the latest was in January 2022.
The peers of Reliance Communications by revenue are BT Global Communications India Private Limited, Indusind Media and Communications Limited, Nelco Limited, all in the Telecom industry (Communications, Telecom Service Providers), with the same principal business activity (wired, wireless or satellite telecommunication activities).