Reliance Communications Ltd.
•Add ratio to table
ABOUT
KEY POINTS
Revenue Breakup Mar 2016 • Voice: 60.6% • Non Voice: 39.4%
AI Sector View
AI GENERATEDTelecommunication
Telecom operating proxies are steady, with telecom subscriber base up 11.0% YoY (2026-06) and broadband subscriber base also up 11.0% YoY (2026-06). However, persistent FPI outflows of INR -11055 crore over 3 months to 2026-08-31 suggest weak investor appetite. That combination supports a neutral rather than positive stance.
PROS
- Company is almost debt free
- Operating margins have improved to -3.1% from -6.1%
- Company generates healthy free cash flow
CONS
- Net worth is negative - accumulated losses have eroded equity
- Company is loss-making at the operating / net level
- Company has a low return on capital employed of 0.0%
- Company has a low return on equity of 0.0% over last 3 years
- Interest coverage is weak at -3.0x - earnings barely cover interest
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT 0.14x)
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
| Name | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| BHARTIARTL | 1837.00 | 39.65 | 1146500.05 | 1.31 | 10011.60 | 34.89 | 58539.10 | 18.35 | 25.05 | 57.07 |
| IDEA | 14.96 | 4.33 | 162081.18 | 0.00 | -3754.00 | 43.19 | 11689.00 | 6.19 | 46.77 | 43.07 |
| INDUSTOWER | 372.70 | 13.74 | 98324.33 | 3.76 | 1745.80 | 0.52 | 8431.10 | 4.64 | 30.51 | 53.11 |
| BHARTIHEXA | 1539.25 | 42.19 | 76962.50 | 1.17 | 4824.00 | 1131.87 | 25099.00 | 1009.10 | 29.30 | 52.68 |
| TATACOMM | 1763.90 | 53.17 | 50286.26 | 0.99 | 129.72 | -31.78 | 6582.82 | 10.45 | 15.75 | 18.75 |
| RAILTEL | 262.55 | 41.79 | 8426.24 | 1.24 | 38.39 | 48.51 | 467.61 | 24.08 | 23.03 | 15.86 |
| TTML | 35.93 | 87.55 | 7024.06 | 0.00 | -72.15 | 77.80 | 301.57 | 6.09 | 157.86 | 53.91 |
| HATHWAY | 10.19 | 23.80 | 1803.74 | 0.00 | 24.56 | -20.85 | 565.10 | 6.52 | 2.55 | 13.43 |
| MTNL | 25.14 | 0.00 | 1583.82 | 0.00 | -842.36 | 10.69 | 216.89 | 229.92 | -6.76 | -15.07 |
| RCOM | 0.97 | 0.00 | 268.26 | 0.00 | -809.00 | 96.84 | 74.00 | -10.84 | 0.00 | 27.03 |
| GTL | 7.23 | 0.14 | 113.73 | 0.00 | 4520.66 | 2243.77 | 497.08 | -28.12 | 0.00 | 27.04 |
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 100 | 97 | 94 | 92 | 97 | 88 | 87 | 87 | 83 | 87 | 63 | 81 | 74 | |
| 91 | 117 | 92 | 94 | 83 | 86 | 118 | 84 | 85 | 141 | 95 | 184 | 91 | |
| Operating Profit | 9 | -20 | 2 | -2 | 14 | 2 | -31 | 3 | -2 | -54 | -32 | -103 | -17 |
| OPM % | 9.00% | -20.62% | 2.13% | -2.17% | 14.43% | 2.27% | -35.63% | 3.45% | -2.41% | -62.07% | -50.79% | -127.16% | -22.97% |
| 16 | 62 | 8 | 12 | 7 | 8 | 13 | -35 | 8 | 7 | 9 | -171 | -460 | |
| Interest | 12 | 11 | 14 | 10 | 12 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
| Depreciation | 32 | 34 | 31 | 30 | 30 | 28 | 28 | 31 | 29 | 28 | 29 | 26 | 26 |
| Profit before Tax | -19 | -3 | -35 | -30 | -21 | -29 | -57 | -74 | -34 | -86 | -63 | -311 | 459 |
| Tax % | -0.00% | -200.00% | -0.00% | -26.67% | -0.00% | -0.00% | -0.00% | -5.41% | -0.00% | -0.00% | -9.52% | 0.32% | 0.44% |
| Net Profit | 0 | 0 | 0 | 0 | -22,200 | -22,860 | -23,790 | -25,020 | -25,600 | -27,010 | -27,670 | -30,980 | -809 |
| -0.07 | -0.03 | -0.13 | -0.14 | -0.08 | -0.11 | -0.20 | -0.29 | -0.12 | -0.31 | -0.25 | -1.12 | -2.95 |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 21,954 | 6,554 | 4,593 | 5,144 | 2,766 | 760 | 556 | 479 | 383 | 358 | 305 | |
| 14,718 | 7,951 | 29,596 | 7,510 | 3,496 | 815 | 618 | 499 | 394 | 369 | 511 | |
| Operating Profit | 7,236 | -1,397 | -25,003 | -2,366 | -730 | -55 | -62 | -20 | -11 | -11 | -206 |
| OPM % | 32.96% | -21.32% | -544.37% | -46.00% | -26.39% | -7.24% | -11.15% | -4.18% | -2.87% | -3.07% | -67.54% |
| 402 | 83 | 91 | -298 | -40,974 | 57 | 28 | -79 | 98 | -8 | -615 | |
| Interest | 2,924 | 255 | 186 | 1,275 | 717 | 48 | 47 | 47 | 47 | 46 | 44 |
| Depreciation | 4,484 | 821 | 721 | 863 | 355 | 154 | 151 | 136 | 127 | 117 | 109 |
| Profit before Tax | 230 | -2,390 | -25,819 | -4,802 | -42,776 | -201 | -232 | -280 | -87 | -182 | -1 |
| Tax % | -186.09% | 46.19% | 7.39% | -50.35% | 0.22% | -4.98% | 0.43% | 1.07% | -16.09% | -2.20% | -700.00% |
| Net Profit | 658 | -1,286 | -23,912 | -7,220 | -42,681 | -211 | -231 | -277 | -101 | -186 | -8 |
| EPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -21.10 | -24.12 | -52.83 | -26.07 | -33.94 | — |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | — |
COMPOUNDED SALES GROWTH
- 10 Years:
- -35%
- 5 Years:
- -34%
- 3 Years:
- -14%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
STOCK PRICE CAGR
- 10 Years:
- -32%
- 5 Years:
- -19%
- 3 Years:
- -18%
- 1 Year:
- -25%
RETURN ON EQUITY
- 10 Years:
- -15%
- 5 Years:
- 0%
- 3 Years:
- 0%
- Last Year:
- 0%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1,244 | 1,244 | 1,383 | 1,383 | 1,383 | 1,383 | 1,383 | 1,383 | 1,383 | 1,383 |
| Minority Interest | 282 | 400 | 332 | 322 | 316 | 294 | 278 | -5 | -6 | -5 |
| 30,339 | 27,325 | 1,400 | -5,563 | -49,539 | -55,289 | -61,956 | -76,274 | -83,513 | -92,873 | |
| 44,002 | 39,226 | 39,272 | 34,284 | 30,893 | 30,861 | 30,839 | 35,066 | 38,798 | 38,784 | |
| Trade Payables | 5,775 | 4,746 | 4,868 | 3,641 | 4,183 | 4,106 | 4,091 | 3,608 | 3,670 | 3,657 |
| 19,884 | 23,120 | 23,749 | 33,462 | 60,756 | 66,461 | 72,902 | 72,985 | 76,217 | 85,474 | |
| Total Liabilities | 1,01,526 | 96,061 | 71,004 | 67,529 | 47,992 | 47,816 | 47,537 | 36,763 | 36,549 | 36,420 |
| 69,712 | 70,843 | 20,839 | 9,707 | 3,713 | 3,561 | 3,453 | 3,087 | 2,895 | 2,746 | |
| Capital Work in Progress | 1,754 | 1,909 | 265 | 191 | 193 | 196 | 158 | 69 | 64 | 53 |
| 30 | 32 | 32 | 12,033 | 55 | 57 | 50 | 56 | 35 | 36 | |
| 208 | 235 | 79 | 63 | 32 | 29 | 2 | 2 | 2 | 2 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 311 | 311 | |
| Cash & Bank | 1,524 | 1,319 | 740 | 938 | 556 | 826 | 869 | 388 | 386 | 439 |
| 28,298 | 21,723 | 49,049 | 44,597 | 43,443 | 43,147 | 43,005 | 33,161 | 32,856 | 32,833 | |
| Total Assets | 1,01,526 | 96,061 | 71,004 | 67,529 | 47,992 | 47,816 | 47,537 | 36,763 | 36,549 | 36,420 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 14,304 | -862 | 637 | 146 | 203 | 97 | 149 | -73 | -40 | 26 | |
| Cash from Investing | -14,950 | 812 | -268 | 719 | 5 | -6 | -298 | 8 | 65 | 21 |
| Cash from Financing | 436 | -173 | -904 | -868 | -54 | -55 | -51 | -22 | -38 | -58 |
| -408 | 251 | -208 | 225 | -30 | 267 | -230 | -78 | -13 | -11 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
Documents
Corporate disclosures, annual reports, credit ratings, and concall transcripts
2026-09-10 - Reliance Communications Limited has informed the Exchange about Corporate Insolvency Resolution Process
2026-09-10 - Reliance Communications Limited has informed the Exchange about Action(s) initiated or orders passed
2026-09-08 - Reliance Communications Limited has informed the Exchange about Fraud/Default/Arrest
2026-08-26 - Reliance Communications Limited has informed the Exchange about Action(s) initiated or orders passed
2026-08-22 - Reliance Communications Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-08-22 - Reliance Communications Limited has informed the Exchange about Action(s) taken or orders passed
2026-08-21 - Reliance Communications Limited has informed the Exchange about Corporate Insolvency Resolution Process
2026-08-20 - Reliance Communications Limited has informed the Exchange about Corporate Insolvency Resolution Process
2026-08-19 - Reliance Communications Limited has informed the Exchange about General Updates
News
Recent coverage and analyst commentary for RCOM
Loading news…
AI Stock Analyst
Reliance Communications Ltd.
Sign in to Chat with AI
Log in with your 5nance account to ask institutional questions about performance, financials, and outlook.
✨ Sign In to ChatFree 5nance Account