Fortune India 500 2025 edition
Rank#89- Total income
- ₹32,374 Cr
- Profit
- ₹4,938 Cr
Last year #99
Reliance Infrastructure Limited - infrastructure and utilities in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Active Listed - NSE: RELINFRA · BSE: 500390 Public Limited Company infrastructure and utilities Fortune India 500 · #89
Market Cap
₹2,104 Cr
RELINFRA · NSE
Share Price
₹50.47
-2.00% today
Revenue
₹21,151 Cr
FY 2025-26 · -13.5% YoY
EBITDA
₹1,004 Cr
Margin 4.7%
Net Profit
₹1,905 Cr
FY 2025-26 · -50.4% YoY
P/E (TTM)
1.1x
P/B 0.1x
ROE
18.8%
ROCE 13.7%
Debt / Equity
0.35
Interest cover -359.2x
About Reliance Infrastructure Limited
Data last updated:
Reliance Infrastructure Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the power infrastructure and energy projects segment of the infrastructure and utilities sector. It was incorporated on 01 October 1929 and has been in existence for over 97 years.
Reliance Infrastructure is ranked #89 on the Fortune India 500 (2025).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L75100MH1929PLC001530. Its GSTIN is 27AACCR7446Q1ZM (Maharashtra). The company holds 22 GST registrations, of which 15 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 500390 and NSE: RELINFRA.
The company has an authorised share capital of ₹2,075.06 Cr and a paid-up capital of ₹408.63 Cr. It was formerly known as Reliance Energy Limited and Bses Limited. It is led by directors including Thota Vijesh Babu (Whole-Time Director) and Chhaya Virani.
Its last annual general meeting (AGM) was held on 14 August 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Mumbai, Maharashtra.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹21,151 Cr, a decline of 13.5% compared to the previous year. For the same year it recorded a net profit of ₹1,905.43 Cr (net margin 9%) and EBITDA of ₹1,003.56 Cr (EBITDA margin 4.7%). The net worth stands at ₹17,873 Cr (up 23.9% YoY). Total assets are valued at ₹43,876 Cr (up 10.5% YoY).
The company has about 236 employees on its provident fund (EPFO) records. Its group structure includes 54 subsidiaries and 1 joint venture.
The company is associated with 2 brands: Reliance EPC and Reliance Infrastructure. As per MCA filings, the company has open charges of ₹16,787 Cr and satisfied charges of ₹40,558 Cr on record. Court records list 1,892 cases involving the company, including 459 filed by the company and 1,434 filed against it; 249 cases are pending. The company has 117 deals on record (103 market trades, 4 funding rounds, 4 secondary share transfers), with disclosed funding of ₹7,709.78 Cr; the latest was in November 2025. The company has 15 MSME Form 1 returns on record between 2013 and 2022, listing 106 overdue payments to 26 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rinfra.com.
Company details
CIN L75100MH1929PLC001530
Registration Number 001530
Incorporation Date 01 October 1929
ROC Mumbai
Listing Status Listed - Listed on NSE (RELINFRA); Listed on BSE (500390)
Company Status Active
Date of Last AGM 14 August 2026
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
Name history
Reliance Infrastructure has undergone 3 name changes throughout its history. The company was previously known as Reliance Energy Limited, Bses Limited, and Bombay Suburban Electric Supply Limited. The current legal name is Reliance Infrastructure Limited.
| Company Name | Status |
|---|---|
| Reliance Infrastructure Limited | Current |
| Reliance Energy Limited | Previous |
| Bses Limited | Previous |
| Bombay Suburban Electric Supply Limited | Previous |
CIN history
Reliance Infrastructure has one previous CIN (Corporate Identification Number): L99999MH1929PLC001530. The current CIN is L75100MH1929PLC001530, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L75100MH1929PLC001530 | Current |
| L99999MH1929PLC001530 | Previous |
Key People
Thota Vijesh Babu Whole-Time Director Chhaya Virani Director Rajesh Kumar Dhingra Director Recognitions & Rankings of Reliance Infrastructure
India's Most Valuable Companies 2024 edition · Source: Hurun India
Rank#425- Valuation
- ₹11,840 Cr
Contact details
Reliance Infrastructure Limited's registered office is in Mumbai, Maharashtra. Its website is rinfra.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressReliance Centre Ground Floor 19 Walchand Hirachand Marg Ballard Est, Ate, Mumbai, Maharashtra, India – 400001
- IndustryInfrastructure and Utilities, Power Infrastructure & Energy Projects, Railway Infrastructure Development, Road & Bridge Construction
To see the full contact details of Reliance Infrastructure Limited, buy the company report.
Comprehensive company report
Reliance Infrastructure Limited - one report that includes everything
- 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
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Brands
Reliance Infrastructure operates two associated brands: Reliance EPC and Reliance Infrastructure. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Electricity generation, transmission, distribution, and trading are managed in India. | rinfra.com | |
| Engineering, procurement, and construction services in infrastructure sectors including roads, solar, and energy. | relianceepc.com |
Business activity
The main business activity of Reliance Infrastructure is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Reliance Infrastructure Limited, buy the company report.
Financials of Reliance Infrastructure Limited
FY 2025-26 filings availableReliance Infrastructure Limited reported revenue of ₹21,151 Cr (down 13.5% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue
₹21,151 Cr
-13.5% YoY
EBITDA
₹1,004 Cr
-73.3% YoY
Profit After Tax
₹1,905 Cr
-50.4% YoY
Net Worth
₹17,873 Cr
+23.9% YoY
Total Assets
₹43,876 Cr
+10.5% YoY
Total Debt
₹4,937 Cr
-22.4% YoY
Revenue 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 | 21,151 | 24,441 | 22,805 | 22,398 | 19,689 | 17,735 | 19,990 |
| Revenue growth | -13.5% | +7.2% | +1.8% | +13.8% | +11.0% | -11.3% | - |
| EBITDA | 1,004 | 3,756 | 2,041 | (1,078) | 1,828 | 240 | 1,224 |
| EBITDA margin | +4.7% | +15.4% | +9.0% | -4.8% | +9.3% | +1.4% | +6.1% |
| Profit before tax | 4,296 | 8,484 | (605) | (2,466) | (656) | 2,939 | 815 |
| Net profit | 1,905 | 3,841 | (1,507) | (730) | (970) | 969 | 909 |
| Net profit margin | +9.0% | +15.7% | -6.6% | -3.3% | -4.9% | +5.5% | +4.6% |
| EPS (₹) | 70.97 | 124.63 | (40.61) | (91.56) | (37.98) | 42.78 | 29.32 |
| Balance sheet | |||||||
| Total assets | 43,876 | 39,710 | 32,835 | 33,513 | 36,746 | 36,052 | 36,129 |
| Net worth | 17,873 | 14,430 | 8,747 | 9,294 | 12,407 | 10,860 | 9,792 |
| Total debt | 4,937 | 6,361 | 9,895 | 11,510 | 12,718 | 13,907 | 17,147 |
| Cash & bank | 2,204 | 2,859 | 2,081 | 1,376 | 1,241 | 926 | 1,460 |
| Net working capital | (21,928) | (19,387) | (14,934) | (15,683) | (11,801) | (9,697) | (10,869) |
| Cash flow | |||||||
| Cash from operations | 2,550 | 3,657 | 4,097 | 3,458 | 3,799 | 1,436 | 2,875 |
| Cash from investing | (1,462) | (1,731) | 415 | (1,333) | (502) | 17.51 | (808) |
| Cash from financing | (1,775) | (1,252) | (3,648) | (2,242) | (2,942) | (1,531) | (1,979) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 6,344 | 4,001 | 4,297 | 6,235 | 5,908 | 4,108 | 5,033 | 7,258 |
| Revenue growth (YoY) | +7.4% | -2.6% | -14.6% | -14.1% | -17.9% | - | - | - |
| Other income | 1,652 | 3,070 | 693 | 2,303 | 849 | 8,949 | 96.52 | 3,744 |
| EBITDA | (153) | (1,217) | 429 | 1,055 | 240 | 14.29 | (2,465) | 611 |
| EBITDA margin | -2.4% | -30.4% | +10.0% | +16.9% | +4.1% | +0.3% | -49.0% | +8.4% |
| Depreciation | 342 | 350 | 373 | 368 | 375 | 360 | 359 | 355 |
| Interest | 413 | 348 | 442 | 444 | 427 | 374 | 468 | 472 |
| Profit before tax | 743 | 1,155 | 307 | 2,546 | 287 | 8,229 | (3,195) | 3,527 |
| Tax | (2.34) | (611) | (2.28) | (6.62) | (6.42) | (2.37) | 4.72 | 0.24 |
| Net profit | 746 | 1,767 | 309 | 2,553 | 294 | 8,232 | (3,199) | 3,527 |
| EPS (₹) | 9.08 | 22.44 | 0.26 | 44.67 | 2.12 | 107.22 | (83.26) | 103.06 |
| 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 | 237 | 212 | 425 | 810 | 1,467 | 1,689 | 1,319 |
| Revenue growth | +12.0% | -50.1% | -47.6% | -44.8% | -13.1% | +28.1% | - |
| EBITDA | (1,134) | (357) | (1,507) | (2,673) | (173) | (45.50) | (39.16) |
| EBITDA margin | -478.2% | -168.4% | -354.9% | -330.0% | -11.8% | -2.7% | -3.0% |
| Profit before tax | (1,257) | (612) | (1,938) | (3,204) | (364) | (112) | 996 |
| Net profit | 117 | (497) | (727) | (705) | (343) | (429) | 1,042 |
| Net profit margin | +49.5% | -234.7% | -171.2% | -87.0% | -23.4% | -25.4% | +79.0% |
| EPS (₹) | (14.86) | (15.40) | (48.72) | (90.89) | (14.00) | (0.73) | 39.21 |
| Balance sheet | |||||||
| Total assets | 25,581 | 26,470 | 10,161 | 12,556 | 15,710 | 15,939 | 17,884 |
| Net worth | 23,838 | 24,752 | 6,307 | 7,352 | 10,141 | 10,376 | 10,447 |
| Total debt | 578 | 635 | 3,060 | 3,372 | 3,843 | 3,808 | 5,701 |
| Cash & bank | 220 | 213 | 182 | 585 | 158 | 130 | 252 |
| Net working capital | (2,004) | (2,142) | 2,777 | 3,996 | 6,373 | 7,211 | 8,106 |
| Cash flow | |||||||
| Cash from operations | (71.49) | (191) | 238 | 532 | (164) | 445 | 230 |
| Cash from investing | (174) | (143) | 552 | (2.70) | 228 | 1,051 | 874 |
| Cash from financing | 188 | 313 | (958) | (280) | (52.10) | (1,513) | (1,102) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 47.35 | 62.83 | 59.60 | 61.25 | 53.54 | 65.36 | 53.73 | 61.61 |
| Revenue growth (YoY) | -11.6% | -3.9% | +10.9% | -0.6% | +72.1% | - | - | - |
| Other income | 65.03 | 84.69 | 35.66 | 37.05 | 227 | 832 | 12.40 | 2,275 |
| Total expenses | 93.67 | 684 | 153 | 636 | 101 | 142 | 3,214 | 124 |
| EBITDA | (46.32) | (621) | (93.72) | (575) | (47.26) | (76.33) | (3,160) | (62.86) |
| EBITDA margin | -97.8% | -988.8% | -157.2% | -938.2% | -88.3% | -116.8% | -5881.1% | -102.0% |
| Depreciation | 2.97 | 3.56 | 3.71 | 3.57 | 3.44 | 3.85 | 3.68 | 3.17 |
| Interest | 67.54 | 84.48 | 77.87 | 60.28 | 66.94 | 37.17 | 51.25 | 128 |
| Profit before tax | (51.80) | (625) | (140) | (601) | 109 | 715 | (3,202) | 2,081 |
| Tax | 0.00 | (650) | 0.00 | 0.00 | 0.00 | 0.33 | 0.15 | (2.97) |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 22 Oct 2026
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 6,344 | 4,001 | 4,297 | 6,235 | 5,908 | 4,108 | 5,033 | 7,258 |
| Revenue growth (YoY) | +7.4% | -2.6% | -14.6% | -14.1% | -17.9% | - | - | - |
| Other income | 1,652 | 3,070 | 693 | 2,303 | 849 | 8,949 | 96.52 | 3,744 |
| EBITDA | (153) | (1,217) | 429 | 1,055 | 240 | 14.29 | (2,465) | 611 |
| EBITDA margin | -2.4% | -30.4% | +10.0% | +16.9% | +4.1% | +0.3% | -49.0% | +8.4% |
| Depreciation | 342 | 350 | 373 | 368 | 375 | 360 | 359 | 355 |
| Interest | 413 | 348 | 442 | 444 | 427 | 374 | 468 | 472 |
| Profit before tax | 743 | 1,155 | 307 | 2,546 | 287 | 8,229 | (3,195) | 3,527 |
| Tax | (2.34) | (611) | (2.28) | (6.62) | (6.42) | (2.37) | 4.72 | 0.24 |
| Net profit | 746 | 1,767 | 309 | 2,553 | 294 | 8,232 | (3,199) | 3,527 |
| EPS (₹) | 9.08 | 22.44 | 0.26 | 44.67 | 2.12 | 107.22 | (83.26) | 103.06 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 21,151 | 24,441 | 22,805 | 22,398 | 19,689 | 17,735 | 19,990 |
| Revenue growth | -13.5% | +7.2% | +1.8% | +13.8% | +11.0% | -11.3% | - |
| Other income | 6,419 | 7,933 | 1,167 | 2,454 | 860 | 6,778 | 3,380 |
| Total expenses | 20,148 | 20,685 | 20,764 | 23,476 | 17,862 | 17,495 | 18,766 |
| Employee cost | 1,245 | 1,161 | 1,114 | 1,082 | 1,086 | 1,091 | 1,047 |
| EBITDA | 1,004 | 3,756 | 2,041 | (1,078) | 1,828 | 240 | 1,224 |
| EBITDA margin | +4.7% | +15.4% | +9.0% | -4.8% | +9.3% | +1.4% | +6.1% |
| Depreciation | 1,466 | 1,421 | 1,503 | 1,448 | 1,283 | 1,352 | 1,389 |
| Interest | 1,660 | 1,784 | 2,310 | 2,393 | 2,060 | 2,727 | 2,400 |
| Profit before tax | 4,296 | 8,484 | (605) | (2,466) | (656) | 2,939 | 815 |
| Tax | (627) | (6.23) | 40.99 | 7.37 | 22.55 | (167) | (50.88) |
| Net profit | 1,905 | 3,841 | (1,507) | (730) | (970) | 969 | 909 |
| Net profit margin | +9.0% | +15.7% | -6.6% | -3.3% | -4.9% | +5.5% | +4.6% |
| EPS (₹) | 70.97 | 124.63 | (40.61) | (91.56) | (37.98) | 42.78 | 29.32 |
| 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 | 409 | 396 | 396 | 352 | 263 | 263 | 263 |
| Reserves & surplus | 16,785 | 13,280 | 8,351 | 8,942 | 12,007 | 10,597 | 9,530 |
| Shareholders' funds (net worth) | 17,873 | 14,430 | 8,747 | 9,294 | 12,407 | 10,860 | 9,792 |
| Minority interest | 11,216 | 9,383 | 5,111 | 4,660 | 3,927 | 3,775 | 1,829 |
| Secured loans | 4,421 | 5,742 | 8,904 | 11,070 | 12,290 | 13,474 | 16,632 |
| Unsecured loans | 516 | 619 | 992 | 440 | 428 | 434 | 515 |
| Total debt | 4,937 | 6,361 | 9,895 | 11,510 | 12,718 | 13,907 | 17,147 |
| Total liabilities | 43,876 | 39,710 | 32,835 | 33,513 | 36,746 | 36,052 | 36,129 |
| Assets | |||||||
| Gross block | 30,276 | 30,246 | 28,892 | 29,704 | 27,305 | 26,578 | 29,791 |
| Net block | 17,812 | 17,714 | 17,757 | 19,756 | 19,002 | 19,505 | 23,253 |
| Capital work in progress | 1,240 | 1,373 | 1,302 | 1,015 | 2,198 | 2,025 | 2,529 |
| Investments | 10,319 | 8,672 | 3,904 | 4,338 | 4,700 | 1,769 | 1,394 |
| Inventories | 152 | 179 | 120 | 80.52 | 66.26 | 72.66 | 64.34 |
| Sundry debtors | 1,182 | 1,532 | 1,702 | 2,560 | 4,114 | 3,926 | 4,954 |
| Cash & bank balances | 2,204 | 2,859 | 2,081 | 1,376 | 1,241 | 926 | 1,460 |
| Loans & advances | 1,562 | 1,887 | 7,183 | 7,412 | 8,166 | 11,064 | 11,058 |
| Total current assets | 5,099 | 6,456 | 11,087 | 11,429 | 13,587 | 15,988 | 17,536 |
| Total current liabilities | 27,027 | 25,843 | 26,020 | 27,111 | 25,388 | 25,685 | 28,405 |
| Net working capital | (21,928) | (19,387) | (14,934) | (15,683) | (11,801) | (9,697) | (10,869) |
| Total assets | 43,876 | 39,710 | 32,835 | 33,513 | 36,746 | 36,052 | 36,129 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 2,404 | 1,730 | 865 | 982 | 626 | 714 | 626 |
| Net cash from operating activities | 2,550 | 3,657 | 4,097 | 3,458 | 3,799 | 1,436 | 2,875 |
| Net cash from investing activities | (1,462) | (1,731) | 415 | (1,333) | (502) | 17.51 | (808) |
| Net cash from financing activities | (1,775) | (1,252) | (3,648) | (2,242) | (2,942) | (1,531) | (1,979) |
| Net change in cash | (686) | 674 | 865 | (117) | 356 | (77.35) | 87.49 |
| Closing cash | 2,204 | 2,859 | 2,081 | 1,376 | 1,241 | 926 | 1,460 |
| 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 | -13.5% | +7.2% | +1.8% | +13.8% | +11.0% | -11.3% | - |
| EBITDA growth | -73.3% | +84.1% | +289.4% | -159.0% | +662.8% | -80.4% | - |
| PBT growth | -49.4% | +9998.0% | +75.5% | -275.7% | - | +260.7% | +9998.0% |
| Net income growth | -50.4% | +354.9% | -106.5% | +24.8% | -200.1% | +6.6% | - |
| Revenue CAGR (3Y) | -1.9% | +7.5% | +8.7% | +3.9% | -0.1% | -1.8% | -7.5% |
| EBITDA CAGR (3Y) | - | +27.1% | +104.2% | - | - | -58.7% | -33.4% |
| Profitability & leverage | |||||||
| Net income margin | +23.3% | +34.7% | -2.8% | -11.0% | -3.5% | +17.5% | +4.3% |
| Return on capital employed | +13.7% | +27.1% | 0.0% | 0.0% | 0.0% | +15.3% | +8.8% |
| Return on net worth | +18.8% | +45.2% | 0.0% | 0.0% | 0.0% | +22.0% | +7.1% |
| Debt / equity | 0.35 | 0.70 | 1.19 | 1.12 | 1.14 | 1.50 | 1.46 |
| Long-term debt / equity | 0.10 | 0.21 | 0.41 | 0.45 | 0.51 | 0.89 | 1.04 |
| Interest cover | -359.17 | 76.40 | 429.33 | -94.75 | 378.57 | -245.10 | -1,454.47 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.70 | 0.83 | 0.78 | 0.79 | 0.73 | 0.63 | 0.67 |
| Inventory turnover | 127.88 | 163.52 | 227.05 | 305.20 | 283.46 | 258.90 | 316.32 |
| Debtors turnover | 15.59 | 15.12 | 10.70 | 6.71 | 4.90 | 3.99 | 4.24 |
| EPS (₹) | 70.97 | 124.63 | (40.61) | (91.56) | (37.98) | 42.78 | 29.32 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 420.73 | 345.22 | 220.79 | 264.15 | 466.48 | 412.90 | 372.32 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 47.35 | 62.83 | 59.60 | 61.25 | 53.54 | 65.36 | 53.73 | 61.61 |
| Revenue growth (YoY) | -11.6% | -3.9% | +10.9% | -0.6% | +72.1% | - | - | - |
| Other income | 65.03 | 84.69 | 35.66 | 37.05 | 227 | 832 | 12.40 | 2,275 |
| Total expenses | 93.67 | 684 | 153 | 636 | 101 | 142 | 3,214 | 124 |
| EBITDA | (46.32) | (621) | (93.72) | (575) | (47.26) | (76.33) | (3,160) | (62.86) |
| EBITDA margin | -97.8% | -988.8% | -157.2% | -938.2% | -88.3% | -116.8% | -5881.1% | -102.0% |
| Depreciation | 2.97 | 3.56 | 3.71 | 3.57 | 3.44 | 3.85 | 3.68 | 3.17 |
| Interest | 67.54 | 84.48 | 77.87 | 60.28 | 66.94 | 37.17 | 51.25 | 128 |
| Profit before tax | (51.80) | (625) | (140) | (601) | 109 | 715 | (3,202) | 2,081 |
| Tax | 0.00 | (650) | 0.00 | 0.00 | 0.00 | 0.33 | 0.15 | (2.97) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 237 | 212 | 425 | 810 | 1,467 | 1,689 | 1,319 |
| Revenue growth | +12.0% | -50.1% | -47.6% | -44.8% | -13.1% | +28.1% | - |
| Other income | 181 | 146 | 323 | 298 | 506 | 1,187 | 2,020 |
| Total expenses | 1,372 | 568 | 1,932 | 3,483 | 1,640 | 1,735 | 1,358 |
| Employee cost | 84.31 | 80.08 | 74.59 | 71.45 | 83.69 | 78.33 | 86.24 |
| EBITDA | (1,134) | (357) | (1,507) | (2,673) | (173) | (45.50) | (39.16) |
| EBITDA margin | -478.2% | -168.4% | -354.9% | -330.0% | -11.8% | -2.7% | -3.0% |
| Depreciation | 14.28 | 13.89 | 15.78 | 26.99 | 41.96 | 59.24 | 65.31 |
| Interest | 290 | 388 | 738 | 802 | 655 | 1,193 | 920 |
| Profit before tax | (1,257) | (612) | (1,938) | (3,204) | (364) | (112) | 996 |
| Tax | (650) | (2.49) | (7.61) | (6.20) | 4.33 | (92.44) | (35.65) |
| Net profit | 117 | (497) | (727) | (705) | (343) | (429) | 1,042 |
| Net profit margin | +49.5% | -234.7% | -171.2% | -87.0% | -23.4% | -25.4% | +79.0% |
| EPS (₹) | (14.86) | (15.40) | (48.72) | (90.89) | (14.00) | (0.73) | 39.21 |
| 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 | 409 | 396 | 396 | 352 | 263 | 263 | 263 |
| Reserves & surplus | 22,751 | 23,602 | 5,911 | 7,000 | 9,740 | 10,113 | 10,184 |
| Shareholders' funds (net worth) | 23,838 | 24,752 | 6,307 | 7,352 | 10,141 | 10,376 | 10,447 |
| Secured loans | 205 | 347 | 2,203 | 3,115 | 3,590 | 3,560 | 5,391 |
| Unsecured loans | 373 | 288 | 857 | 257 | 253 | 248 | 310 |
| Total debt | 578 | 635 | 3,060 | 3,372 | 3,843 | 3,808 | 5,701 |
| Total liabilities | 25,581 | 26,470 | 10,161 | 12,556 | 15,710 | 15,939 | 17,884 |
| Assets | |||||||
| Gross block | 402 | 390 | 375 | 746 | 742 | 783 | 1,513 |
| Net block | 196 | 210 | 208 | 302 | 325 | 380 | 1,066 |
| Capital work in progress | 0.00 | 0.00 | 1.66 | 11.42 | 11.42 | 16.53 | 28.73 |
| Investments | 27,311 | 28,320 | 7,099 | 8,194 | 8,435 | 7,655 | 8,010 |
| Inventories | 0.00 | 0.00 | 0.00 | 3.50 | 3.50 | 3.65 | 3.68 |
| Sundry debtors | 3.14 | 381 | 399 | 1,349 | 2,916 | 2,848 | 4,106 |
| Cash & bank balances | 220 | 213 | 182 | 585 | 158 | 130 | 252 |
| Loans & advances | 1,401 | 1,797 | 7,103 | 6,977 | 7,624 | 9,034 | 8,982 |
| Total current assets | 1,625 | 2,390 | 7,685 | 8,914 | 10,702 | 12,016 | 13,344 |
| Total current liabilities | 3,629 | 4,532 | 4,908 | 4,918 | 4,329 | 4,805 | 5,239 |
| Net working capital | (2,004) | (2,142) | 2,777 | 3,996 | 6,373 | 7,211 | 8,106 |
| Total assets | 25,581 | 26,470 | 10,161 | 12,556 | 15,710 | 15,939 | 17,884 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 123 | 145 | 308 | 58.93 | 56.44 | 72.68 | 70.89 |
| Net cash from operating activities | (71.49) | (191) | 238 | 532 | (164) | 445 | 230 |
| Net cash from investing activities | (174) | (143) | 552 | (2.70) | 228 | 1,051 | 874 |
| Net cash from financing activities | 188 | 313 | (958) | (280) | (52.10) | (1,513) | (1,102) |
| Net change in cash | (57.24) | (21.63) | (168) | 249 | 12.78 | (16.24) | 1.79 |
| Closing cash | 220 | 213 | 182 | 585 | 158 | 130 | 252 |
| 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 | +12.0% | -50.1% | -47.6% | -44.8% | -13.1% | +28.1% | - |
| EBITDA growth | -218.0% | +76.3% | +43.6% | -1444.3% | -280.4% | -16.2% | - |
| PBT growth | -105.2% | +68.4% | +39.5% | -780.3% | -226.4% | - | +9998.0% |
| Net income growth | +123.6% | +31.6% | -3.1% | -105.5% | +20.1% | -141.2% | - |
| Revenue CAGR (3Y) | -33.6% | -47.5% | -36.9% | -15.0% | +14.2% | +16.2% | -47.2% |
| EBITDA CAGR (3Y) | -24.9% | +27.3% | +221.2% | +308.7% | -76.3% | -53.3% | - |
| Profitability & leverage | |||||||
| Net income margin | -256.0% | -288.0% | -454.5% | -394.8% | -25.1% | -1.1% | +78.2% |
| Return on capital employed | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | +4.0% | +9.6% |
| Return on net worth | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | -4.1% | +8.3% |
| Debt / equity | 0.02 | 0.12 | 0.47 | 0.41 | 0.37 | 0.46 | 0.48 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.17 | 0.30 |
| Interest cover | -25.21 | -104.59 | -48.48 | -29.69 | -304.46 | -1,139.35 | -880.20 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.60 | 0.55 | 0.76 | 1.09 | 1.92 | 1.47 | 0.87 |
| Inventory turnover | 0.00 | 0.00 | 242.67 | 231.43 | 410.45 | 460.89 | 235.97 |
| Debtors turnover | 1.24 | 0.54 | 0.49 | 0.38 | 0.51 | 0.49 | 0.33 |
| EPS (₹) | (14.86) | (15.40) | (48.72) | (90.89) | (14.00) | (0.73) | 39.21 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 566.70 | 605.77 | 159.21 | 208.97 | 380.30 | 394.46 | 397.18 |
To see the full year-wise statements and ratios of Reliance Infrastructure Limited, buy the company report.
Board of directors and KMP of Reliance Infrastructure Limited
Reliance Infrastructure Limited currently reports 6 directors and 1 key managerial person. 35 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chhaya Virani | Director | 30 Sep 2022 | 4 Years 0 Months | Current |
| Thota Vijesh Babu Also directs: Mumbai Metro One Private Limited., Reliance Defence Limited | Whole-Time Director | 23 May 2025 | 1 Years 5 Months | Current |
| Rajesh Kumar Dhingra Also directs: Reliance Defence Systems Private Limited, Thales Reliance Defence Systems Limited, Dassault Reliance Aerospace Limited and 5 more | Director | 03 Apr 2025 | 1 Years 6 Months | Current |
| Manjari Ashok Kacker | Director | 14 Aug 2024 | 2 Years 2 Months | Current |
| Virendra Singh Verma Also directs: India Rural Energy and Power Private Limited, Vijai Electricals Limited, Bses Yamuna Power Limited and 2 more | Director | 30 May 2024 | 2 Years 4 Months | Current |
| Thomas Mathew Also directs: Ebix Limited, Indusind General Insurance Company Limited | Director | 01 Oct 2024 | 2 Years 0 Months | Current |
Showing 6 of 7 current directors and KMP. View all directors and KMP
Auditor
Reliance Infrastructure Limited is audited by Chaturvedi & Shah Llp for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Chaturvedi & Shah Llp | FY 2023 | 01720W/W100355 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 19.00%, foreign institutional investors hold 4.90%, domestic institutional investors hold 0.80% and retail and other public shareholders hold 75.30%.
Sep 2026
QUARTER
19.00% Promoters
0.80% DII (Domestic Institutional)
4.90% FII (Foreign Institutional)
75.30% Retail & Others
Promoter holding - history
Now 19.00% · Sep 2026High 19.00% · Dec 2025Low 19.00% · Dec 2025
Shareholding trend - last 6 quarters
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 19.00% | 19.00% | 19.00% | 19.00% |
| Public | 81.00% | 81.00% | 81.00% | 81.00% |
Charges & borrowings
Open charges
₹16,787 Cr
Satisfied charges
₹40,558 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Apr 2024 | 100917862 | Others | ₹40 Cr | Open | |
| 28 Mar 2024 | 100906438 | Others | ₹80 Cr | Open | |
| 12 Aug 2019 | 100290367 | Others | ₹285 Cr | Open | |
| 18 Mar 2019 | 100257290 | Others | ₹1,216 Cr | Open | |
| 18 Mar 2019 | 100258520 | Others | ₹70 Cr | Open |
To see the full charge records of Reliance Infrastructure Limited, buy the company report.
Total charge records: 105 View all charges
Deals & funding
Reliance Infrastructure Limited has 117 deals on record (103 market trades, 4 funding rounds, 4 secondary share transfers), with disclosed funding of ₹7,709.78 Cr; the latest was in November 2025.
Total deals
117
Market trades
103
Funding rounds
4
Secondary share transfers
4
Acquisitions
3
Disclosed funding
₹7,709.78 Cr
Deals on record (5 of 117)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2025 | Market trade | ₹81.15 Cr | Buyer: Elimath Advisors Private Limited Seller: Florintree Insurtech LLP |
| Sep 2024 | Market trade | ₹280.25 Cr | Buyer: Aakraya Research LLP , NK Securities Research Private Limited , Hrti Private Limited Seller: Aakraya Research LLP , NK Securities Research Private Limited , Hrti Private Limited |
| Sep 2024 | Market trade | ₹250.86 Cr | Buyer: Graviton Research Capital LLP , Aakraya Research LLP , Hrti Private Limited Seller: Graviton Research Capital LLP , Aakraya Research LLP , Hrti Private Limited |
| Sep 2024 | Market trade | ₹69.34 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Sep 2024 | Market trade | ₹46.37 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
To see the full deal history of Reliance Infrastructure 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 Infrastructure Limited has 1,892 court cases on record: 459 filed by Reliance Infrastructure, 1,434 filed against it. 249 cases are pending and 1,643 are disposed.
Total cases
1,892
Filed by the company
459
Filed against the company
1,434
Pending
249
Disposed
1,643
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 958 | 643 | 121 |
| District courts | 792 | 702 | 89 |
| Supreme Court | 112 | 67 | 37 |
| NCLT | 16 | 16 | 1 |
| NCLAT | 14 | 6 | 1 |
Cases on record (5 of 1,892)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Adani Electricity Mumbai Ltd. | Pending |
| High Court of Delhi | Court case (OMP (ENF.) (COMM.)) | Filed by the company against Madhyanchal Vidyut Vitran Nigam Limited | Pending |
| High Court of Delhi | Court case (OMP (ENF.) (COMM.)) | Filed against the company by Aravali Power Company Private Limited | Pending |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed against the company by Aravali Power Company Private Limited | Pending |
| High Court | Court case (COMSS) | Filed against the company by Idbi Trusteeship Services Limited | Pending |
To see the full case history of Reliance Infrastructure 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 Infrastructure 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 Infrastructure Limited, buy the company report.
MSME payment delays
Reliance Infrastructure Limited has 15 MSME Form 1 returns on record between 2013 and 2022, listing 106 overdue payments to 26 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 26)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Gees Epc Services Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Paragon Cable India |
To see the full MSME payment records of Reliance Infrastructure Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Reliance Infrastructure has 54 subsidiary companies, 1 joint venture, and 7 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
54
Subsidiary companies
1
Joint ventures
7
Associated companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| DS Toll Road Limited | U23300MH2005PLC154360 | |
| Reliance Cement Corporation Private Limited | U26940MH2008PTC217838 | |
| Thales Reliance Defence Systems Limited | U29305MH2018PLC305829 | |
| Neom Smart Technology Private Limited | U31900MH2022PTC380640 | |
| Dassault Reliance Aerospace Limited | U35999MH2017PLC291083 | |
| North Karanpura Transmission Company Limited | U40101HR2007PLC052109 |
To see the full group structure of Reliance Infrastructure Limited, buy the company report.
Employees & EPFO
Reliance Infrastructure Limited has a workforce of 236 employees on its EPFO records as of Sep 08, 2024, across 7 active EPFO establishments.
Employee count
236
Active EPFO establishments
7
Employee growth
-7.09%
GST
Reliance Infrastructure has 22 GST registrations: 15 active and 7 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
22
Active
15
Cancelled / inactive
7
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCR7446Q1ZM | Maharashtra | Active | 01 Jul 2017 |
| 27AACCR7446Q2ZL | Maharashtra | Active | 14 Jul 2017 |
| 05AACCR7446Q1ZS | Uttarakhand | Active | 01 Jul 2017 |
| 06AACCR7446Q1ZQ | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Reliance Infrastructure Limited, buy the company report.
Recent activity
Reliance Infrastructure Limited has 39 board changes on record since 2007: 7 appointments and 32 cessations. The latest: Thota Vijesh Babu was appointed as Whole-Time Director on 23 May 2025.
AGM
Reliance Infrastructure Limited last Annual general meeting of members was held on 14 Aug 2026 as per latest MCA records.
Charges
A charge registered on 28 Mar 2024 via Charge ID 100906431 with Others was fully satisfied on 20 May 2026.
Charges
A charge registered on 28 Mar 2024 via Charge ID 100906424 with Others was fully satisfied on 20 May 2026.
Filing
Reliance Infrastructure Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai I.
Charges
A charge registered on 16 Sep 2016 via Charge ID 100095866 with Yes Bank Limited was fully satisfied on 10 Nov 2025.
Charges
A charge with Sbicap Trustee Company Limited of Rs. 6,128.00 Cr registered on 17 Jul 2012 with Charge ID 10369278 was modified on 07 Jul 2025.
Appointed
Thota Vijesh Babu was appointed as Whole-Time Director.
Charges
A charge with Others of Rs. 285.00 Cr registered on 12 Aug 2019 with Charge ID 100290367 was modified on 11 Apr 2025.
Charges
A charge with Others of Rs. 1,216.00 Cr registered on 18 Mar 2019 with Charge ID 100257290 was modified on 11 Apr 2025.
Charges
A charge with Others of Rs. 70.00 Cr registered on 18 Mar 2019 with Charge ID 100258520 was modified on 11 Apr 2025.
Charges
A charge with Others of Rs. 102.00 Cr registered on 18 Mar 2019 with Charge ID 100258522 was modified on 11 Apr 2025.
Appointed
Rajesh Kumar Dhingra was appointed as Director.
253 earlier events are in the company report.
News
Frequently asked questions
Reliance Infrastructure is an active public limited company based in Mumbai, Maharashtra, India. The company works in power infrastructure and energy projects, within the infrastructure and utilities industry. It was incorporated on 01 October 1929 (97+ years old) and is registered under CIN L75100MH1929PLC001530. Listed on BSE: 500390 and NSE: RELINFRA.
Reliance Infrastructure reported revenue of ₹21,151 Cr for FY 2025-26 (down 13.5% YoY) based on consolidated financials.
Reliance Infrastructure has 7 current directors and KMP:
- Thota Vijesh Babu - Whole-Time Director
- Chhaya Virani - Director
- Rajesh Kumar Dhingra - Director
- Manjari Ashok Kacker - Director
- Virendra Singh Verma - Director
- Thomas Mathew - Director
- Paresh Purushottamlal Rathod - Company Secretary
The latest financial statements of Reliance Infrastructure on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 14 August 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Reliance Infrastructure is 27AACCR7446Q1ZM, registered in Maharashtra. The company has 22 GST registrations in all, of which 15 are active and 7 are cancelled or inactive. Other active GSTINs include 27AACCR7446Q2ZL (Maharashtra), 05AACCR7446Q1ZS (Uttarakhand), 06AACCR7446Q1ZQ (Haryana).
The CIN (Corporate Identification Number) of Reliance Infrastructure is L75100MH1929PLC001530. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Reliance Infrastructure is a listed company as per MCA records. Its shares are listed on both BSE (code: 500390) and NSE (symbol: RELINFRA).
Reliance Infrastructure has 1,892 court cases on record: 459 filed by the company and 1,434 filed against it. 249 are pending. Most are in the high courts.
Reliance Infrastructure was incorporated on 01 October 1929, making it 97+ years old. It is registered with the Registrar of Companies, Mumbai.
Reliance Infrastructure has 117 deals on record (103 market trades, 4 funding rounds, 4 secondary share transfers), with disclosed funding of ₹7,709.78 Cr; the latest was in November 2025.
Thota Vijesh Babu was appointed as Whole-Time Director on 23 May 2025. Rajesh Kumar Dhingra was appointed as Director on 03 Apr 2025. Partha Pratim Sarma ceased to be Additional Director on 09 Feb 2025. Reliance Infrastructure has 39 board changes on record in total.