Reliance Industries Limited
Quality (40/100) does the heavy lifting; valuation (10/100) is the drag.
ExpensiveSolvency riskStocksWizard rates Reliance Industries Limited a Strong Sell, scoring 26/100 on our blended model. At ₹1,275.9 it trades above our blended DCF and relative-multiples fair value of ₹801.22, about 37% downside to that estimate — we read it as overvalued by 37%. On 22.0x trailing earnings it sits pricier than the Energy median of about 11.0x. It's sitting close to its 52-week low of ₹1,258.8. Financial health scores 20/100, in the distress band on the Altman Z-score, with a Piotroski F-score of 6/9. The average analyst target of ₹1,693.58 implies about 33% upside across 31 analysts. It clears 3 of 13 investability checks, with durability 40, valuation 19 and momentum 21 on our 0–100 scales.
Analysis by Ankit Sharma · StocksWizard's own estimates from end-of-day public data — see how we calculate them. For information only, not investment advice.
With a 20% margin of safety, our buy-below price is ₹640.98.
Analyst views
1-year price
EOD · 2026-07-2952-week range
-19.50% from the 52-week high.
Price above both moving averages reads as an intact uptrend; below both, the trend is against you.
Verdict pillars
Strong Sell26Piotroski F-score 6/9 — quality of earnings & balance sheet.
Our scores
Durability rewards strong, low-debt, profitable businesses; Valuation rewards stocks cheap vs their sector; Momentum rewards strong price trends.
Investability checklist
- Fail: ROE above 15%: 9.1%
- Pass: Low debt (D/E < 0.5): 0.37x
- Pass: Positive free cash flow
- Pass: Revenue growth > 10%: 13%
- Fail: Earnings growing: -13%
- Fail: Net margin ≥ 10%: 7.6%
- Fail: Current ratio > 1.5: 1.10
- Fail: Below our fair value
- Fail: Margin of safety ≥ 20%
- Fail: Above 200-day average
- Fail: Above 50-day average
- No data: Positive 1-year return
- Fail: Altman Z in safe zone: Z 1.79
- Fail: Piotroski ≥ 7: 6/9
Quarterly results
Annual financials
Shareholding
- Promoter51.2%
- Institutions29.0%
- Public & other19.8%
Promoter holding via insider stake; institutional via reported holdings.
Key fundamentals
Bull case vs bear case
Bull case
Strengths
- Lightly leveraged balance sheet.
Opportunities
- Revenue growing (13% YoY).
Bear case
Weaknesses
- Price below its 200-day moving average (downtrend).
Threats
- Earnings contracting year on year.
- Rich valuation versus sector peers.
- Trades ~37% above our estimated fair value.
- Balance-sheet stress — Altman Z 1.79.
About Reliance Industries Limited
Reliance Industries operates globally across hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, advanced materials and composites, renewables, financial services, retail, and digital services through five segments: Oil to Chemicals, Oil and Gas, Retail, Digital Services, and Others. The company refines and markets products including liquefied petroleum gas, propylene, naphtha, gasoline, and jet fuel.
Reliance Industries Limited — frequently asked questions
Is Reliance Industries Limited a buy, hold or sell?
StocksWizard currently rates Reliance Industries Limited (RELIANCE) a Strong Sell, based on a blended score of 26/100 across valuation, quality, momentum and price trend. This is our own model-based view, not investment advice.
What is Reliance Industries Limited's fair value?
Our blended DCF and relative-valuation model estimates Reliance Industries Limited's fair value at about ₹801.22, versus a current price of ₹1,275.9 — roughly 37% downside. On that basis the stock looks overvalued by 37%.
Is Reliance Industries Limited financially healthy?
Reliance Industries Limited scores 20/100 on our financial-health model, placing it in the distress band on the Altman Z-score, with a Piotroski F-score of 6/9.
How has Reliance Industries Limited's share price performed?
Reliance Industries Limited is down 10% over three months, and last traded at ₹1,275.9. Past performance doesn't predict future returns.
More in Energy
View allOur verdict, fair value, financial-health and checklist are StocksWizard's own estimates, computed from public end-of-day data using standard models (DCF, relative valuation, Altman Z, Piotroski). For information only — not investment advice or a recommendation. Verify independently before investing.