Reliance Infra. Share Price & Earnings Call Analysis

Financials of Reliance Infra.

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Reliance Infra.

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +4,1865,5657,1534,6384,6867,1937,2585,0334,1085,9086,2354,2974,001
Expenses +4,3495,4316,4954,1134,3696,5176,6474,4274,0945,6685,1803,8674,722
Operating Profit-162134658525317676611606142401,055429-721
OPM %-4%2%9%11%7%9%8%12%0%4%17%10%-18%
Other Income +-1,395313221424616633,744-2,9748,9498492,3036932,574
Interest643571610578552470472468374427444442348
Depreciation366371387379366348355359360375368373350
Profit before tax-2,565-495-118-715-783,527-3,1958,2292872,5463071,155
Tax %-0%-0%5%228%136%-11%0%0%-0%-2%-0%-1%-53%
Net Profit +-2,484-567-182-301-98-934,195-3,1868,2623052,5753171,640
EPS in Rs-76.90-19.13-7.42-10.63-5.57-5.90103.06-83.26110.751.4646.770.2722.47

Financials of Reliance Infra.

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales +16,18526,95225,22918,72819,73119,99017,73519,68922,39822,80524,44120,441
Expenses +14,38922,43520,45515,54524,24218,60717,47117,83220,97220,65320,67819,437
Operating Profit1,7964,5184,7743,183-4,5111,3832641,8571,4272,1513,7641,004
OPM %11%17%19%17%-23%7%1%9%6%9%15%5%
Other Income +2,7682,5633,4384,2817,2063,2216,754830-501,0577,9266,419
Interest2,3475,0265,5815,2042,5812,4002,7272,0602,3932,3101,7841,660
Depreciation8331,5441,6881,2541,2921,3891,3521,2831,4481,5031,4211,466
Profit before tax1,3845119431,006-1,1788152,939-656-2,466-6058,4844,296
Tax %5%44%-15%-15%-20%-6%-6%3%0%7%-0%-15%
Net Profit +1,7256931,3941,214-2,3239083,116-868-2,564-1,1489,1774,838
EPS in Rs68.4528.8854.1947.74-92.2829.3242.79-37.98-91.57-40.61124.6470.97
Dividend Payout %12%29%17%20%0%0%0%0%0%0%0%0%

Financials of Reliance Infra.

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital263263263263263263263263352396396409
Reserves26,71121,38923,08423,41713,9139,52910,59712,1448,9428,35114,03417,464
Borrowings +25,77030,55025,81425,44117,77217,14713,90712,71811,5109,8956,3614,937
Other Liabilities +18,10348,56749,12150,71136,24737,92137,22637,27740,09640,51745,04948,351
Total Liabilities70,847100,76998,28299,83268,19464,86161,99462,40360,89959,15965,84171,160
Fixed Assets +17,69732,88736,56739,39324,94823,25319,50519,00219,75617,75717,71418,210
CWIP5,0814,9712,3603,0052,5922,5292,0252,1981,0151,3021,373842
Investments17,61813,20013,14313,0926,7421,3941,7694,7004,3383,9048,67110,319
Other Assets +30,45149,71246,21244,34233,91137,68338,69636,50335,79136,19638,08341,789
Total Assets70,847100,76998,28299,83268,19464,86161,99462,40360,89959,15965,84171,160

Financials of Reliance Infra.

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +3,29010,2968,6788,1536842,8751,4363,7993,4584,0973,6572,550
Cash from Investing Activity +-1,726-5,690-75-8052,759-80818-502-1,333415-1,731-1,273
Cash from Financing Activity +-1,707-4,704-8,452-7,428-3,334-1,979-1,531-2,942-2,242-3,648-1,252-1,775
Net Cash Flow-143-98152-8010987-77356-117865674-498
Free Cash Flow1,3349,1516,3606,563-7351,5674763,0472,1223,2132,2011,000
CFO/OP192%228%185%263%-12%197%572%201%236%186%98%244%

Financials of Reliance Infra.

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days12476821068390817642272321
Inventory Days
Days Payable
Cash Conversion Cycle12476821068390817642272321
Working Capital Days-67-85-111-380-314-322-370-375-392-379-397-465
ROCE %6%11%10%12%18%11%19%5%9%7%34%15%

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