Reliance Industries Past Earnings Performance
Past criteria checks 2/6
Reliance Industries has been growing earnings at an average annual rate of 12%, while the Oil and Gas industry saw earnings growing at 25.4% annually. Revenues have been growing at an average rate of 13.6% per year. Reliance Industries's return on equity is 8.1%, and it has net margins of 7.3%.
Key information
12.0%
Earnings growth rate
9.9%
EPS growth rate
| Oil and Gas Industry Growth | 23.5% |
| Revenue growth rate | 13.6% |
| Return on equity | 8.1% |
| Net Margin | 7.3% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
The Market Doesn't Like What It Sees From Reliance Industries Limited's (NSE:RELIANCE) Earnings Yet
Dec 03
We Think Reliance Industries (NSE:RELIANCE) Is Taking Some Risk With Its Debt
Sep 19Reliance Industries' (NSE:RELIANCE) Upcoming Dividend Will Be Larger Than Last Year's
Aug 08Subdued Growth No Barrier To Reliance Industries Limited's (NSE:RELIANCE) Price
Jul 16Does Reliance Industries (NSE:RELIANCE) Deserve A Spot On Your Watchlist?
Jun 28Does Reliance Industries (NSE:RELIANCE) Have A Healthy Balance Sheet?
May 22Additional Considerations Required While Assessing Reliance Industries' (NSE:RELIANCE) Strong Earnings
May 02Earnings Update: Reliance Industries Limited (NSE:RELIANCE) Just Reported Its Annual Results And Analysts Are Updating Their Forecasts
Apr 25Little Excitement Around Reliance Industries Limited's (NSE:RELIANCE) Earnings
Apr 08With EPS Growth And More, Reliance Industries (NSE:RELIANCE) Makes An Interesting Case
Feb 09Analyst Estimates: Here's What Brokers Think Of Reliance Industries Limited (NSE:RELIANCE) After Its Third-Quarter Report
Jan 22Is Reliance Industries (NSE:RELIANCE) Using Too Much Debt?
Jan 21There Is A Reason Reliance Industries Limited's (NSE:RELIANCE) Price Is Undemanding
Jan 03Revenue & Expenses Breakdown
How Reliance Industries makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 9,249,380 | 679,170 | 268,510 | 0 |
| 30 Jun 24 | 9,252,890 | 687,480 | 261,490 | 0 |
| 31 Mar 24 | 9,010,640 | 696,210 | 256,790 | 0 |
| 31 Dec 23 | 8,773,650 | 698,690 | 253,250 | 0 |
| 30 Sep 23 | 8,690,160 | 682,960 | 252,730 | 0 |
| 30 Jun 23 | 8,681,720 | 647,960 | 254,960 | 0 |
| 31 Mar 23 | 8,778,350 | 662,840 | 248,720 | 0 |
| 31 Dec 22 | 8,738,980 | 636,060 | 237,010 | 0 |
| 30 Sep 22 | 8,417,610 | 635,270 | 220,940 | 0 |
| 30 Jun 22 | 7,793,170 | 635,510 | 205,210 | 0 |
| 31 Mar 22 | 6,959,630 | 562,080 | 187,580 | 0 |
| 31 Dec 21 | 6,421,620 | 540,960 | 174,730 | 0 |
| 30 Sep 21 | 5,749,950 | 516,050 | 170,570 | 0 |
| 30 Jun 21 | 5,186,200 | 425,260 | 159,060 | 0 |
| 31 Mar 21 | 4,669,240 | 434,860 | 148,170 | 0 |
| 31 Dec 20 | 4,530,490 | 416,710 | 145,540 | 0 |
| 30 Sep 20 | 4,884,910 | 452,320 | 141,900 | 0 |
| 30 Jun 20 | 5,270,160 | 469,270 | 139,080 | 0 |
| 31 Mar 20 | 5,975,350 | 437,980 | 140,750 | 0 |
| 31 Dec 19 | 6,112,500 | 435,450 | 137,070 | 0 |
| 30 Sep 19 | 6,144,430 | 419,790 | 130,920 | 0 |
| 30 Jun 19 | 6,092,400 | 402,330 | 128,720 | 0 |
| 31 Mar 19 | 5,692,090 | 395,880 | 124,880 | 0 |
| 31 Dec 18 | 5,595,290 | 386,640 | 116,180 | 0 |
| 30 Sep 18 | 5,017,300 | 378,330 | 106,860 | 0 |
| 30 Jun 18 | 4,507,970 | 364,260 | 100,190 | 0 |
| 31 Mar 18 | 4,082,650 | 360,750 | 95,230 | 0 |
| 31 Dec 17 | 3,810,110 | 346,860 | 94,610 | 0 |
| 30 Sep 17 | 3,627,000 | 327,960 | 90,220 | 0 |
| 30 Jun 17 | 3,492,660 | 318,960 | 87,790 | 0 |
| 31 Mar 17 | 3,301,800 | 299,010 | 83,880 | 0 |
| 31 Dec 16 | 2,880,070 | 268,390 | 81,640 | 0 |
| 30 Sep 16 | 2,763,310 | 265,780 | 82,240 | 0 |
| 30 Jun 16 | 2,649,190 | 287,190 | 79,200 | 0 |
| 31 Mar 16 | 2,932,980 | 297,450 | 74,200 | 0 |
| 31 Dec 15 | 2,837,620 | 266,130 | 224,060 | 0 |
| 30 Sep 15 | 3,090,290 | 245,790 | 219,280 | 0 |
| 30 Jun 15 | 3,479,250 | 238,310 | 217,170 | 0 |
| 31 Mar 15 | 3,754,350 | 235,660 | 62,620 | 0 |
| 31 Dec 14 | 4,113,930 | 230,660 | 172,970 | 0 |
| 30 Sep 14 | 4,359,030 | 233,120 | 169,220 | 0 |
| 30 Jun 14 | 4,415,970 | 232,130 | 167,560 | 0 |
| 31 Mar 14 | 4,344,600 | 224,930 | 166,910 | 0 |
Quality Earnings: RELIANCE has high quality earnings.
Growing Profit Margin: RELIANCE's current net profit margins (7.3%) are lower than last year (7.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: RELIANCE's earnings have grown by 12% per year over the past 5 years.
Accelerating Growth: RELIANCE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: RELIANCE had negative earnings growth (-0.6%) over the past year, making it difficult to compare to the Oil and Gas industry average (-0.6%).
Return on Equity
High ROE: RELIANCE's Return on Equity (8.1%) is considered low.