Update shared on04 Sep 2025
With both the Future P/E ratio and revenue growth forecasts holding steady, analysts have maintained Reliance Industries' consensus fair value at ₹1640.
What's in the News
- Board approved formation of new AI-focused subsidiary, Reliance Intelligence Limited, and a joint venture with Meta to deliver enterprise AI solutions in India, with Meta and Reliance investing INR 855 million (70/30 split).
- Expanded strategic partnership with Google Cloud to establish an advanced, green-powered AI cloud infrastructure at Jamnagar, supporting Reliance's businesses and external clients with cutting-edge AI capabilities.
- Signed joint operating agreement with ONGC and BP for offshore exploration of Block GS-OSHP-2022/2 in the Saurashtra Basin, enhancing collaboration in India's energy sector.
- Reliance NeuComm LLC, a non-operating step-down subsidiary in the US, has been voluntarily wound up without impact on the company’s financials.
- Engaged in early-stage discussions with Rosneft to potentially acquire a significant stake in Nayara Energy, which could position Reliance as India's largest oil refiner and expand its fuel marketing presence.
Valuation Changes
Summary of Valuation Changes for Reliance Industries
- The Consensus Analyst Price Target remained effectively unchanged, at ₹1640.
- The Future P/E for Reliance Industries remained effectively unchanged, moving only marginally from 31.79x to 31.78x.
- The Consensus Revenue Growth forecasts for Reliance Industries remained effectively unchanged, at 6.7% per annum.
Disclaimer
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