Reliance Capital Ltd (RELCAPITAL) share price, results

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore

	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Sales	4,076	4,763	3,596	5,796	5,218	4,427	5,957	6,393	6,098	5,800	6,517	7,343
Expenses	5,230	8,674	3,766	5,712	5,167	5,914	5,535	6,644	5,879	5,756	6,167	6,923
Operating Profit	-1,154	-3,911	-170	84	51	-1,487	423	-251	218	45	350	419
OPM %	-28%	-82%	-4.7%	1.4%	1.0%	-34%	7%	-3.9%	3.6%	0.8%	5%	6%
Other Income	7	113	13	251	9	9	47	30	20	109	14	17
Interest	563	278	271	15	6	8	-1	8	22	9	13	13
Depreciation	28	30	30	31	28	27	26	27	29	32	30	30
Profit before tax	-1,738	-4,106	-458	290	27	-1,513	444	-256	187	112	321	393
Tax %	1%	1%	7%	26%	41%	-1%	2%	-7%	57%	-48%	15%	21%
Net Profit	-1,759	-4,132	-491	215	16	-1,499	434	-239	81	166	272	309
EPS in Rs	-70.16	-165.03	-18.27	7.38	-0.03	-59.46	15.60	-10.40	1.56	2.44	8.36	9.02

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	7,467	8,900	9,941	17,507	18,725	20,453	18,327	19,251	19,272	19,037	24,247	25,758
Expenses	4,128	4,982	5,368	12,901	18,851	17,346	20,364	25,550	24,878	20,522	23,764	24,726
Operating Profit	3,339	3,918	4,573	4,606	-126	3,107	-2,037	-6,299	-5,607	-1,486	484	1,032
OPM %	45%	44%	46%	26%	-0.7%	15%	-11%	-33%	-29%	-8%	2.0%	4.0%
Other Income	77	74	57	133	158	225	4,931	58	30	281	206	160
Interest	2,508	2,648	2,828	3,084	4,112	4,541	3,994	2,768	2,218	334	88	58
Depreciation	61	68	70	116	94	123	123	105	112	116	114	121
Profit before tax	847	1,276	1,732	1,539	-4,174	-1,332	-1,223	-9,114	-7,908	-1,654	487	1,013
Tax %	19%	18%	22%	19%	9%	9%	-2%	2%	2%	6%	9%
Net Profit	844	1,131	1,265	1,248	-4,556	-1,454	-1,199	-9,287	-8,055	-1,759	442	827
EPS in Rs	30.42	39.63	43.59	42.99	-183.38	-59.87	-42.54	-372.10	-321.15	-70.38	9.20	21.38
Dividend Payout %	36%	23%	23%	24%	-6%	0%	0%	0%	0%	0%	0%

	10 Years	5 Years	3 Years	TTM	1 Year	Last Year
Compounded Sales Growth	13%	3%	8%	17%
Compounded Profit Growth	-11%	17%	27%	139%
Stock Price CAGR	-31%	-11%	4%		%
Return on Equity	%	%	%			%

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	244	253	253	253	253	253	253	253	253	253	253	253
Reserves	12,147	13,071	13,890	15,081	760	-1,202	-2,547	-11,791	-20,073	-12,319	-11,381	-10,757
Borrowings	25,577	26,139	28,035	39,261	46,357	46,160	26,909	26,887	26,839	17,650	17,600	17,601
Other Liabilities	7,560	7,977	24,934	28,006	35,809	38,762	40,162	49,528	56,671	68,022	68,514	75,255
Total Liabilities	45,528	47,440	67,112	82,601	83,179	83,973	64,777	64,876	63,689	73,607	74,987	82,352
Fixed Assets	482	530	5,512	5,745	5,726	5,699	5,546	5,577	5,582	5,263	5,314	5,319
CWIP	1	2	3	3	34	18	19	20	15	16	24	5
Investments	16,157	15,881	25,279	34,652	33,300	32,672	34,594	39,755	44,014	48,524	56,688	60,644
Other Assets	28,888	31,027	36,318	42,201	44,119	45,584	24,618	19,524	14,078	19,803	12,961	16,384
Total Assets	45,528	47,440	67,112	82,601	83,179	83,973	64,777	64,876	63,689	73,607	74,987	82,352

	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity	291	1,471	-1,002	-225	-3,623	-6,123	-8,352	15,886	4,057	4,020	5,249	5,817
Cash from Investing Activity	582	-213	2,144	2,992	-6,059	-580	5,127	3,156	-3,948	-3,350	-4,899	-5,678
Cash from Financing Activity	-419	-276	-2,011	-1,246	10,535	7,419	-377	-19,251	-23	-48	-844	-46
Net Cash Flow	454	982	-869	1,521	853	716	-3,602	-209	87	622	-493	93
Free Cash Flow	424	1,315	-1,056	-366	-4,064	-6,504	-8,408	15,906	3,920	3,909	5,156	5,656
CFO/OP	12%	51%	-20%	2%	-72%	4,693%	-267%	-780%	-64%	-72%	-358%	1,223%

	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	41	46	14	27	19	17	14	22	29	35	48	20
Inventory Days
Days Payable
Cash Conversion Cycle	41	46	14	27	19	17	14	22	29	35	48	20
Working Capital Days	-254	-469	-215	-331	-227	-607	-596	-636	-722	-862	-1,078	-845
ROCE %	10%	9%	10%	11%	9%	-0%	7%	8%	-31%	-48%	-19%	8%

	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	1.51%	1.51%	0.89%	0.89%	0.89%	0.89%	0.89%	0.89%	0.89%	0.89%	0.89%	0.89%
FIIs	0.85%	0.72%	0.72%	0.40%	0.14%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
DIIs	3.08%	3.07%	3.07%	3.07%	3.07%	3.05%	3.05%	2.99%	2.99%	2.99%	2.99%	2.99%
Government	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%
Public	93.91%	94.04%	94.67%	94.98%	95.25%	95.41%	95.41%	95.47%	95.47%	95.47%	95.48%	95.47%
Others	0.64%	0.64%	0.64%	0.64%	0.64%	0.63%	0.63%	0.63%	0.63%	0.63%	0.63%	0.63%
No. of Shareholders	7,89,806	7,91,576	7,88,477	7,87,114	7,83,442	7,73,276	7,65,720	7,57,370	7,48,998	7,48,682	7,48,366	7,48,150

Fundamentals

Market Cap₹ 312 Cr.

Current Price₹ 12.4

Stock P/E0.58

Book Value₹ -416

ROCE8.16 %

ROE%

Dividend Yield0.00 %

Face Value₹ 10.0

Compounded Sales Growth (TTM)17%

Compounded Profit Growth (TTM)139%

Consolidated figures.

Valuation

Market capRs 314 Cr

Enterprise valueRs 16,989 Cr

P/E (TTM)0.58x

Price to book-0.03x

Price to sales0.01x

EV / EBITDA14.25x

EV / EBIT15.87x

EV / sales0.66x

Price to cash flow0.05x

Earnings yield172.22%

P/E, 3-year average1.35x

P/B, 3-year average-0.02x

P/E, 5-year average1.35x

P/B, 5-year average-0.03x

Profitability

Operating margin (excl. other income)1.99%

Operating margin (incl. other income)2.84%

EBITDA margin4.63%

Pre-tax margin3.93%

Net profit margin2.10%

Net margin, latest quarter3.10%

ROE-2.01%

ROCE9.54%

ROA0.31%

ROE, 3-year average20.30%

ROCE, 3-year average-20.76%

ROA, 3-year average-4.97%

ROE, 5-year average52.63%

ROCE, 5-year average-17.22%

ROA, 5-year average-6.17%

ROIC (approx.)17.50%

Tax rate9.31%

Other income / net worth-1.85%

Growth

Sales growth (latest year)27.37%

Sales CAGR, 3 years8.00%

Sales CAGR, 5 years3.46%

Sales growth QoQ12.67%

Profit growth QoQ7.77%

Sales growth YoY (latest quarter)14.87%

Per share

EPS (TTM)Rs 21.27

EPS (latest year)Rs 9.15

EPS (latest quarter)Rs 8.97

EPS, 3-year averageRs -126.77

EPS, 5-year averageRs -158.55

Book value per shareRs -437.99

Sales per shareRs 1,013.87

Cash flow per shareRs 228.98

Free cash flow per shareRs 222.63

Efficiency

Asset turnover0.32x

Fixed asset turnover4.56x

Inventory turnover710.11x

Inventory days1 days

Debtor days20 days

Debtors turnover17.85x

Cash conversion cycle20 days

Working capital days-845 days

Leverage

Total debtRs 17,600 Cr

Cash and bankRs 924 Cr

Net debtRs 16,675 Cr

Debt to equity-1.58x

Net debt / EBITDA13.99x

Interest coverage18.54x

Owners' fund to total sources-14.84%

Debt to assets23.47%

Cash flow

Cash from Operating Activity (latest year)Rs 5,817 Cr

Cash from Investing Activity (latest year)Rs -5,678 Cr

Cash from Financing Activity (latest year)Rs -46 Cr

Net Cash Flow (latest year)Rs 93 Cr

Free cash flow (latest year)Rs 5,656 Cr

FCFE (approx.: FCF + change in debt)Rs 5,605 Cr

Sales to cash flow4.17x

Statement figures

Net sales (TTM)Rs 25,758 Cr

Net sales (latest year)Rs 24,247 Cr

Sales (latest quarter)Rs 7,343 Cr

Operating profit excl. other income (latest year)Rs 484 Cr

Operating profit (latest quarter)Rs 419 Cr

Other income (TTM)Rs 160 Cr

EBITDA (TTM)Rs 1,192 Cr

PBDT (TTM)Rs 1,134 Cr

Profit before tax (TTM)Rs 1,013 Cr

Tax (latest year)Rs 45 Cr

Net profit (TTM)Rs 540 Cr

Net profit (latest year)Rs 233 Cr

Net profit (latest quarter)Rs 228 Cr

Depreciation (TTM)Rs 121 Cr

Depreciation (latest quarter)Rs 30 Cr

Interest (TTM)Rs 58 Cr

Cost of goods sold (latest year)Rs 20,288 Cr

Total expenditure (latest year)Rs 23,764 Cr

Total income (latest year)Rs 24,453 Cr

Share capitalRs 253 Cr

ReservesRs -11,381 Cr

Shareholders' fundsRs -11,127 Cr

Total assetsRs 74,987 Cr

Net blockRs 5,314 Cr

Capital work in progressRs 24 Cr

InvestmentsRs 56,688 Cr

ReceivablesRs 1,359 Cr

InventoryRs 29 Cr

Other liabilitiesRs 68,514 Cr

Shares outstanding (crore)25.41

Ownership

Promoter holding0.89% (+0.00 in a year)

Computed by MarketFriction from the consolidated statements. Returns use average balances.

Not enough history to build valuation bands (needs two years of profits and prices).

Period	RELCAPITAL	Nifty 50	Difference
1 week	-10.2%	-2.8%	-7.4 pts
1 month	+10.8%	-6.8%	+17.6 pts
3 months	+37.2%	-7.6%	+44.8 pts
6 months	+26.7%	+0.4%	+26.3 pts
1 year	-14.2%	-9.9%	-4.3 pts
2 years	+5.1%	-13.6%	+18.7 pts
3 years	+22.3%	+14.2%	+8.1 pts
5 years	-92.8%	+27.9%	-120.7 pts

Red flags

F-score 8 of 8

serious	Negative equity Shareholders' equity is negative
look	Profit leans on other income Other income was 42% of pre-tax profit in 2024

Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Sep 2024

Sales ₹7,343 Cr +14.9% vs Sep 2023. Net profit ₹309 Cr +229.3%.

Activity

Compare

Company	Mcap (Cr)	P/E	ROCE
Jio Financial Services Ltd	143,658	69.5	1.86 %
Aditya Birla Capital Ltd	103,489	25.7	8.72 %
Tata Investment Corporation Ltd	31,645	73.4	1.57 %
Cholamandalam Financial Holdings Ltd	25,759	9.65	9.75 %
TVS Holdings Ltd	24,881	12.5	17.0 %
Maharashtra Scooters Ltd	14,104	50.6	1.06 %
JSW Holdings Ltd	12,210	97.6	0.53 %
Tsf Investments Ltd	9,361	19.2	3.38 %
Religare Enterprises Ltd	8,000	161	3.50 %
Pilani Investment & Industries Corporation Ltd	4,430		1.41 %
Nalwa Sons Investments Ltd	2,755	49.7	0.48 %
Kalyani Investment Company Ltd	2,081	51.2	0.49 %
Elcid Investments Ltd	2,053	21.5	1.43 %
Shipping Corporation of India Land & Assets Ltd	1,709	60.0	1.31 %
Summit Securities Ltd	1,432	12.0	1.52 %

No bulk or block deals on record.

Ex-date	Action	Factor
2018-09-12	Annual General Meeting/Dividend Rs 11 Per Share
2017-09-21	Annual General Meeting/Dividend - Rs 10.50 Per Share
2017-09-05	Scheme Of Arrangement
2016-09-15	Annual General Meeting/Dividend - Rs 10/- Per Share
2015-09-16	Annual General Meeting/ Dividend - Rs 9/- Per Share
2014-09-18	Annual General Meeting / Dividend - Rs 8.50/- Per Share
2013-08-14	Annual General Meeting/Dividend Rs 8/- Per Share
2012-10-04	Special Interim Dividend Rs.5/- Per Share
2012-08-23	Annual General Meeting/ Dividend Rs 7.50 Per Share
2011-09-15	Annual General Meeting And Dividend Rs.6.50 Per Share
2010-09-13	Annual General Meeting And Dividend Rs.6.50 Per Share
2009-06-30	Dividend-Rs.6.50 Pr Share
2008-06-18	Dividend-Rs5.50 Per Share
2007-05-30	Agm/Div-Rs.3.50 Per Sh
2006-05-24	Dividend-Rs.3.20/- Per Sh

No announcements in our files yet.

Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.

No short selling reported to NSE in our files.

Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.

Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Reliance Capital Ltd?

Reliance Capital Ltd (RELCAPITAL) has a market capitalisation of Rs 312 Cr. at the 2024-02-26 close.

What is the P/E ratio of Reliance Capital Ltd?

Reliance Capital Ltd trades at a P/E of 0.58 on trailing twelve-month profit, at the 2024-02-26 close.

What were Reliance Capital Ltd's latest quarterly results?

In the Sep 2024 quarter, Reliance Capital Ltd sales was Rs 7,343 Cr (+14.9% vs Sep 2023) and net profit was Rs 309 Cr.