NSEI:RELINFRA

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Reliance Infrastructure

Market Cap

₹19.7b

Last Updated

2021/07/27 16:10 UTC

Data Sources

Company Financials

Executive Summary

Reliance Infrastructure Limited, an infrastructure company, engages in the generation, transmission, and distribution of electrical power to residential, industrial, commercial, and other customers in India. More Details


Snowflake Analysis

Imperfect balance sheet and overvalued.

Share Price & News

How has Reliance Infrastructure's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: RELINFRA is more volatile than 90% of Indian stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: RELINFRA's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of Indian stocks.


Market Performance


7 Day Return

-4.1%

RELINFRA

-0.7%

IN Electric Utilities

0.9%

IN Market


1 Year Return

156.1%

RELINFRA

78.6%

IN Electric Utilities

51.8%

IN Market

Return vs Industry: RELINFRA exceeded the Indian Electric Utilities industry which returned 83.3% over the past year.

Return vs Market: RELINFRA exceeded the Indian Market which returned 54.3% over the past year.


Shareholder returns

RELINFRAIndustryMarket
7 Day-4.1%-0.7%0.9%
30 Day-9.8%-8.9%1.0%
90 Day114.7%1.8%11.0%
1 Year156.1%156.1%88.0%78.6%53.9%51.8%
3 Year-80.8%-81.2%91.0%65.4%37.0%30.0%
5 Year-86.4%-87.1%122.0%84.6%82.4%67.2%

Long-Term Price Volatility Vs. Market

How volatile is Reliance Infrastructure's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Reliance Infrastructure undervalued compared to its fair value and its price relative to the market?

0.21x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: RELINFRA (₹75.05) is trading above our estimate of fair value (₹3.37)

Significantly Below Fair Value: RELINFRA is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: RELINFRA is unprofitable, so we can't compare its PE Ratio to the Indian Electric Utilities industry average.

PE vs Market: RELINFRA is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate RELINFRA's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: RELINFRA is good value based on its PB Ratio (0.2x) compared to the IN Electric Utilities industry average (1.6x).


Future Growth

How is Reliance Infrastructure forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.9%

Forecasted Utilities industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Reliance Infrastructure has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Reliance Infrastructure performed over the past 5 years?

-42.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RELINFRA is currently unprofitable.

Growing Profit Margin: RELINFRA is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: RELINFRA is unprofitable, and losses have increased over the past 5 years at a rate of 42.5% per year.

Accelerating Growth: Unable to compare RELINFRA's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: RELINFRA is unprofitable, making it difficult to compare its past year earnings growth to the Electric Utilities industry (6.9%).


Return on Equity

High ROE: RELINFRA has a negative Return on Equity (-1.18%), as it is currently unprofitable.


Financial Health

How is Reliance Infrastructure's financial position?


Financial Position Analysis

Short Term Liabilities: RELINFRA's short term assets (₹176.9B) do not cover its short term liabilities (₹377.5B).

Long Term Liabilities: RELINFRA's short term assets (₹176.9B) exceed its long term liabilities (₹130.3B).


Debt to Equity History and Analysis

Debt Level: RELINFRA's debt to equity ratio (76.4%) is considered high.

Reducing Debt: RELINFRA's debt to equity ratio has reduced from 148.8% to 76.4% over the past 5 years.

Debt Coverage: RELINFRA's debt is not well covered by operating cash flow (16.5%).

Interest Coverage: RELINFRA's interest payments on its debt are not well covered by EBIT (0.4x coverage).


Balance Sheet


Dividend

What is Reliance Infrastructure current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate RELINFRA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate RELINFRA's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if RELINFRA's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if RELINFRA's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: RELINFRA is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of RELINFRA's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.5yrs

Average management tenure


CEO

Punit Garg (56 yo)

2.25yrs

Tenure

₹25,874,000

Compensation

Mr. Punit Garg serves as Chief Executive Officer and Executive Director at Reliance Infrastructure Limited since April 6, 2019. He serves as Non-Executive Director at Reliance Communications Ltd. since Apr...


CEO Compensation Analysis

Compensation vs Market: Punit's total compensation ($USD347.99K) is above average for companies of similar size in the Indian market ($USD213.60K).

Compensation vs Earnings: Insufficient data to compare Punit's compensation with company performance.


Leadership Team

Experienced Management: RELINFRA's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.


Board Members

Experienced Board: RELINFRA's board of directors are considered experienced (8.9 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Reliance Infrastructure Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Reliance Infrastructure Limited
  • Ticker: RELINFRA
  • Exchange: NSEI
  • Founded: 1929
  • Industry: Electric Utilities
  • Sector: Utilities
  • Market Cap: ₹19.677b
  • Shares outstanding: 262.54m
  • Website: https://www.rinfra.com

Number of Employees


Location

  • Reliance Infrastructure Limited
  • Reliance Centre
  • Ground Floor
  • Mumbai
  • Maharashtra
  • 400001
  • India

Listings


Biography

Reliance Infrastructure Limited, an infrastructure company, engages in the generation, transmission, and distribution of electrical power to residential, industrial, commercial, and other customers in Indi...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/07/27 16:10
End of Day Share Price2021/07/27 00:00
Earnings2021/03/31
Annual Earnings2021/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.