Reliance Industries Limited (BOM:500325)
India flag India · Delayed Price · Currency is INR
1,292.75
+30.15 (2.39%)
At close: Jun 12, 2026

Reliance Industries Stock Forecast

Stock Price Forecast

According to 32 analysts polled by S&P Global, Reliance Industries stock has a consensus rating of "Strong Buy" and an average price target of ₹1,699. The average 1-year stock price forecast is 31.39% higher than the current stock price, while the lowest is ₹1,510 (+16.81%) and the highest is ₹1,910 (+47.75%).

Price Target: ₹1,699 (+31.39%)
Analyst Consensus: Strong Buy
TargetLowAverageMedianHigh
Price₹1,510₹1,699₹1,695₹1,910
Change+16.81%+31.39%+31.12%+47.75%

Analyst Ratings

The average analyst rating for Reliance Industries stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy252423242424
Buy999777
Hold000000
Sell111111
Strong Sell110000
Total363533323232

Financial Forecast

Revenue This Year
11.69T
from 10.57T
Increased by 10.57%
Revenue Next Year
12.20T
from 11.69T
Increased by 4.38%
EPS This Year
64.22
from 32.40
Increased by 98.22%
EPS Next Year
72.04
from 64.22
Increased by 12.17%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
6.96T8.78T9.01T9.65T10.57T11.69T
Revenue Growth
49.05%26.13%2.65%7.06%9.59%10.57%
Gross Profit
2.23T2.89T3.16T3.35T3.69T4.05T
Gross Margin
32.04%32.96%35.04%34.73%34.86%34.68%
Operating Income
792.39B1.02T1.11T1.12T1.21T1.42T
Net Income
607.05B667.02B696.21B696.48B807.75B877.14B
EPS
----32.4064.22
EPS Growth
-----37.05%98.22%
Forward PE
-----20.13
Dividend / Share
4.004.505.005.506.006.47
Dividend Growth
-12.50%11.11%10.00%9.09%7.77%
Free Cash Flow
90.35B-520.89B-427.11B3.38B218.29B663.27B
No. Analysts
-----27
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue202720282029
High13.7T
Avg11.7T
Low10.5T

Revenue Growth

Revenue Growth202720282029
High
29.7%
Avg
10.6%
Low
-0.3%

EPS Forecast

EPS202720282029
High80.66
Avg64.22
Low48.30

EPS Growth

EPS Growth202720282029
High
149.0%
Avg
98.2%
Low
49.1%