# Reliance Infra share price today (Reliance Infrastructure Ltd, NSE: RELINFRA)

> Reliance Infra share price today: ₹48.17 at the NSE close on 3 November 2026, down 77.7% in a year. Reliance Infrastructure (NSE: RELINFRA) is worth ₹1,967 crore, trades at a P/E of 0.9 and has closed between ₹44.30 and ₹186.58 over the past 52 weeks. > Reliance Infrastructure Ltd's share price has fallen more than its earnings. Earnings per share fell 43.1% in a year while the price moved −77.7%. RELINFRA · Infra - Power - Generation/Distribution · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/reliance-infrastructure-ltd

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## Key numbers

- Price: ₹48.17 (−77.7% in a year)
- P/E: 0.9× (lower than 81% of the last 11 years)
- Revenue (Jun 2026): ₹6,344 Cr (+7.4% on a year ago)
- Profit (Jun 2026): ₹768 Cr (+151.8% on a year ago)
- Operating margin: −2.4% (−6.5 points on a year ago)
- ROCE: 15%, FY26
- ROIC: 2.2%, against a 12.0% cost of capital: −9.8 points
- Profit that came in as cash: 45%, last 3 years

The main question: profits are rising, but only 45% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. ## What is the Reliance Infra share price today? Reliance Infrastructure Ltd's share price was ₹48.17 at the close on 3 November 2026. It has been falling for 57 weeks. That is 57.9% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹44 and ₹187, and at that close it sat 3% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 14 weeks running. Over the last 11 years the share price moved −90% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 7 August 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Reliance Infra this quarter? 5 points on a year earlier. 1. Foreign funds (FIIs) cut their stake for 6 quarters in a row From 11.4% to 4.8% of the company by the September 2026 quarter. 2. Revenue grew again in the June 2026 quarter Revenue was ₹6,344 crore, +7.4% on a year earlier (₹5,908 crore), after 5 quarters of decline. 3. Operating margin down 6.5 points on a year earlier -2.4% in the June 2026 quarter, from 4.1%. ## What are Reliance Infra's latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Reliance Infra reported revenue of ₹6,344 crore, up 7.4% from ₹5,908 crore a year earlier, and a profit of ₹768 crore, up 151.8% from ₹305 crore. ### Reliance Infra results: April to June 2026 against a year earlier

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹6,344 crore | ₹5,908 crore | +7.4% |
| Profit | ₹768 crore | ₹305 crore | +151.8% |
| Earnings per share | ₹9.10 | ₹1.46 | +523.3% |
| Operating margin | −2.4% | 4.1% | −6.5 points |

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.)

## What is the Reliance Infra share price history? Reliance Infra closed at ₹48.17 on 3 November 2026, down 77.7% from ₹215.96 a year earlier (31 October 2025) and down 44.2% over five years. Its highest weekly close since March 2016 was ₹617.85 on 9 September 2016. ### Reliance Infra share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹49.47 | −2.6% |
| 1 month ago · 1 Oct 2026 | ₹46.48 | +3.6% |
| 6 months ago · 4 May 2026 | ₹74.73 | −35.5% |
| 1 year ago · 31 Oct 2025 | ₹215.96 | −77.7% |
| 3 years ago · 3 Nov 2023 | ₹180.20 | −73.3% |
| 5 years ago · 4 Nov 2021 | ₹86.25 | −44.2% |
| 10 years ago · 4 Nov 2016 | ₹494.85 | −90.3% |
| Earliest weekly close in our records · 11 Mar 2016 | ₹504.55 | −90.5% |
| Highest weekly close since March 2016 · 9 Sep 2016 | ₹617.85 | −92.2% |
| Lowest weekly close since March 2016 · 27 Mar 2020 | ₹9.30 | +418.0% |
| 52-week high (weekly close) · 14 Nov 2025 | ₹186.58 | −74.2% |
| 52-week low (weekly close) · 28 Sep 2026 | ₹44.30 | +8.7% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (556 weekly closes from 11 March 2016 to 3 November 2026.)

## What is the latest news on Reliance Infra? 3 Nov 2026: Reliance Infra closed at ₹48.17, down 2.6% on the week and up 3.6% on the month. Results for April to June 2026: Revenue up 7.4% and profit up 151.8% on a year earlier. ## What dividend does Reliance Infra pay? Reliance Infra has paid no dividend on the NSE since 1 April 2021, the start of the period we checked. Not in its latest year. Reliance Infrastructure Ltd paid out 0% of its profit as dividends in FY26. It did pay a dividend in 5 of its last 13 reported years, so there is a history but no current dividend. (From the NSE corporate-actions record, read 4 November 2026.)

## Which stock lists is Reliance Infra on? Reliance Infra is on 2 of our India lists: Penny stocks and Power & green energy stocks. - [Penny stocks Earnings growth, 12 months (%): -40.45](https://www.sectoralpha.in/penny-stocks-india)
- [Power & green energy stocks Group on the list: Power producers and distributors](https://www.sectoralpha.in/sectors/power-stocks-india)

## Is Reliance Infra profitable? Reliance Infrastructure Ltd earned ₹768 Cr of net profit in the Jun 2026 quarter, +151.8% on the same quarter a year earlier. Full-year FY26 profit was ₹4,838 Cr. Over 10 years profit has grown 21.4% a year on average. That is 12.1% of the quarter's revenue. The same quarter a year earlier earned ₹305 Cr. 5 of the last 12 reported quarters were loss-making. For the full year, FY26 profit was ₹4,838 Cr (−47.3% on the year before). Why profit moved: revenue changed +7.4% on a year earlier and the margin moved −6.5 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed +11.0% and revenue −6.0%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit. ## How much revenue does Reliance Infra make, and is it growing? Reliance Infrastructure Ltd reported ₹6,344 Cr of revenue in the Jun 2026 quarter, +7.4% on the same quarter a year earlier. Over 10 years it has grown −2.4% a year on average. The last full year, FY26, came in at ₹21,151 Cr. The last four reported quarters add to ₹20,877 Cr. FY26 revenue was ₹21,151 Cr, −13.5% on the year before. Recent pace: the last four quarters grew −6.0% on average, against −2.4% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew −6.4%, against −6.1% a year over the last 8 quarters (stabilising). ## How much of every ₹100 of sales does Reliance Infra keep? Reliance Infrastructure Ltd's operating margin was −2.4% in the Jun 2026 quarter, 6.5 percentage points lower than the same quarter a year ago. Across 13 years it has been between −23.0% and 19.0%. The latest quarter is within that range. Why the margin moved: operating margin changed −6.5 percentage points on the year while gross margin changed −8.3 points. So the drop came mostly from the gross margin, which means input costs and prices charged. ## Is Reliance Infra's profit turning into cash? Over the last 3 years, 45% of Reliance Infrastructure Ltd's reported profit came in as cash from its operations, a gap worth watching. In FY26 it brought in ₹2,550 Cr of operating cash against ₹4,838 Cr of profit. After ₹1,431 Cr of spending on assets, ₹1,119 Cr was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 45% of profit came in as cash: the cash cycle got 61 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner. When less than 70% of profit comes in as cash, it is the thing to watch on this page. What to look at next: no single use of cash stands out. The next section checks both the cash tied up in daily operations and the spending on assets. ## Where does Reliance Infra's cash go? Reliance Infrastructure Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 20 days in FY26, down from 81 days in FY21. It spent ₹2,671 Cr on assets over the last 3 years. At FY26 sales of ₹21,151 Cr, each day of that cycle ties up about ₹57.9 Cr, so roughly ₹1,159 Cr is tied up in the business at any time. Spending on assets: ₹2,671 Cr over the last 3 years, against ₹4,390 Cr of depreciation (the yearly wear and tear on existing assets). So it is spending about what it takes to replace what wears out, or less. Work still in progress is ₹1,240 Cr (FY26): assets paid for that are not earning yet. In short: neither the daily cycle nor new spending is soaking up the cash, so the picture is fairly clean. ## What is Reliance Infra's P/E ratio, and how does it compare with its own history? Reliance Infrastructure Ltd's P/E is 0.9×, near the low end of its own history: it has been lower only 19% of the time. Its usual P/E (the middle reading) is 2.5×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹78.61. Why the multiple is where it is: over the past year earnings per share moved −43.1% while the price moved −77.7%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved −11.0% a year; about +4.3% a year came from earnings growth and about −15.3 percentage points from the multiple (the market paying less); over 10 years the price moved −20.8% a year; about +6.5% a year came from earnings growth and about −27.3 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Reliance Infra business getting better or worse? Reliance Infrastructure Ltd's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 2 measures, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does Reliance Infra earn on its capital? Reliance Infrastructure Ltd earned a ROCE of 15% in FY26. That is up from a low of 5% in FY22. Its return on capital used (ROIC) is 9.8 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 22.9% net margin and 0.30× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 22.9% net margin × 0.30× asset turnover × 3.98× leverage (assets divided by equity) ≈ 27.3% on equity. The margin does most of the work; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 2.2% − 12.0% = −9.8 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does Reliance Infra have too much debt? Reliance Infrastructure Ltd has total debt of ₹4,937 Cr against shareholder equity of ₹29,088 Cr as of Jun 2026, so its debt is 0.17× its equity, which is very little. Year by year, that ratio went from 0.78 in FY22 to 0.17 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the Reliance Infra shareholding pattern? Domestic institutions raised their stake in Reliance Infrastructure Ltd by 9.3 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 10.7% of the company. Foreign institutions moved −3.6 points over the same period, to 4.8%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: +9.3 points over 8 quarters, to 10.7%; Foreign institutions: −3.6 points over 8 quarters, to 4.8%; Promoters: +2.6 points over 8 quarters, to 19.1%. Promoters own under 20%, so this is a widely owned company where institutions, not a family, have the most say. Why the owners changed: foreign institutions moved −3.6 points and domestic institutions +9.3 points over 8 quarters, while promoters moved +2.6 points. One group of institutions took over shares from the other; it is not a change of mind by the people running the company. ## How far is Reliance Infra from balance-sheet trouble? For Reliance Infrastructure Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Reliance Infra rank in its industry? 26.0 out of 100, rank 3 of 3 in Infra - Power - Generation/Distribution, with 61% of the evidence available. Reliance Infrastructure Ltd scores 26.0 out of 100 against the 3 companies it is compared with in Infra - Power - Generation/Distribution, ranking 3. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 2.2 + 6.3 + 10 + 7.5 = 26. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Reliance Infra compared with? Reliance Infra ranks 3 of 3 Infra - Power - Generation/Distribution companies on the 4-Factor Sector Score, with 26.0 out of 100. 1. [Kalpataru Projects International Ltd](https://www.sectoralpha.in/stocks/kalpataru-projects-international-ltd) KPIL · breaking out · Most evidence points up · 75% evidence 66.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.8/35 · Revenue 14.6% · Profit 61.8% · Operating margin change 0 points · 83% evidence Capital efficiency 16.2/25 · ROCE 18.3% · Operating margin 9% · 76% evidence Valuation 11.0/20 · P/E 20.6× · PEG n/a · 35% evidence Relative strength 14.3/20 · Lead over its industry 27.9% · Lead over NIFTY 500 11.5% · 1 year 6.5% · 100% evidence · 9 of 12 weeks ahead Exact sum: 24.8 + 16.2 + 11 + 14.3 = 66.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [GMR Power & Urban Infra Ltd](https://www.sectoralpha.in/stocks/gmr-power-urban-infra-ltd) GMRP&UI · losing its lead · Evidence leans down · 80% evidence 42.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.2/35 · Revenue 4.4% · Profit -80% · Operating margin change 4 points · 100% evidence Capital efficiency 10.4/25 · ROCE 12% · Operating margin 23% · 100% evidence Valuation 10.0/20 · P/E n/a · PEG n/a · 0% evidence Relative strength 9.0/20 · Lead over its industry 7.2% · Lead over NIFTY 500 -7.6% · 1 year -21.3% · 100% evidence · 4 of 12 weeks ahead Exact sum: 13.2 + 10.4 + 10 + 9 = 42.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. Reliance Infrastructure Ltd this page RELINFRA · basing · Most evidence points down · 61% evidence 26.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 2.2/35 · Revenue -6.4% · Profit -44.6% · Operating margin change -6.5 points · 88% evidence Capital efficiency 6.3/25 · ROCE 15.4% · Operating margin -2.4% · 100% evidence Valuation 10.0/20 · P/E 0.8× · PEG n/a · 0% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -48.2% · 1 year -78.4% · 25% evidence · 0 of 12 weeks ahead Exact sum: 2.2 + 6.3 + 10 + 7.5 = 26 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Infra - Power - Generation/Distribution](https://www.sectoralpha.in/sectors/infra-power-generation-distribution), all 3 compared on one page. ## Which companies are close to Reliance Infra in size? Reliance Infra is the 3rd largest of 3 Infra - Power - Generation/Distribution companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Kalpataru Projects International and GMR Power & Urban Infra. It is the smallest. ### Infra - Power - Generation/Distribution companies close in size

1. [Kalpataru Projects International Ltd](https://www.sectoralpha.in/stocks/kalpataru-projects-international-ltd) ₹22,844 crore
2. [GMR Power & Urban Infra Ltd](https://www.sectoralpha.in/stocks/gmr-power-urban-infra-ltd) ₹7,210 crore
3. Reliance Infrastructure Ltd ₹1,903 crore

[All 3 Infra - Power - Generation/Distribution companies, largest first](https://www.sectoralpha.in/sectors/infra-power-generation-distribution#all-companies)

### Companies close in size in other industries

1. [One Point One Solutions Ltd](https://www.sectoralpha.in/stocks/one-point-one-solutions-ltd) ₹1,909 crore · IT Enabled Services
2. [Ramco Systems Ltd](https://www.sectoralpha.in/stocks/ramco-systems-ltd) ₹1,905 crore · IT Product Companies
3. Reliance Infrastructure Ltd ₹1,903 crore
4. [Sanstar Ltd](https://www.sectoralpha.in/stocks/sanstar-ltd) ₹1,901 crore · Agricultural Processing - Maize
5. [SMC Global Securities Ltd](https://www.sectoralpha.in/stocks/smc-global-securities-ltd) ₹1,901 crore · Finance - Capital Markets - Brokers

## What else do people ask about Reliance Infra? ### What is Reliance Infra's share price today? Reliance Infrastructure Ltd's share price is ₹48.17, −77.7% over the past year. The whole company is worth ₹1,967 Cr on the market. In the last 52 weeks it traded between ₹44 to ₹187; today it is 3% of the way up from the low, 57.9% below its 200-day average (as of 3 November 2026). ### What were Reliance Infra's latest quarterly results? Reliance Infrastructure Ltd reported revenue of ₹6,344 Cr and net profit of ₹768 Cr for the Jun 2026 quarter. Revenue rose 7.4% and profit rose 151.8% compared with a year earlier. Earnings per share were ₹9.10. The operating margin was −2.4%, 6.5 percentage points lower than a year earlier (as of 3 November 2026). ### What is Reliance Infra's market cap? Reliance Infrastructure Ltd's market capitalisation is ₹1,967 Cr at a share price of ₹48.17. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Reliance Infra performing? Reliance Infrastructure Ltd's share price has been falling for 57 weeks. In its latest quarter, revenue rose 7.4% and profit rose 151.8% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 14 weeks running (as of 3 November 2026). ### Will Reliance Infra's share price go up? This page does not forecast Reliance Infrastructure Ltd's share price. What it shows instead: the share price is ₹48.17, and it has been falling for 57 weeks. Its P/E of 0.9× is higher than 19% of its own last 11 years (as of 3 November 2026). ### Who owns Reliance Infra? Promoters own 19.1% of Reliance Infrastructure Ltd, foreign institutions 4.8%, domestic institutions 10.7% and the public 65.3% (latest quarter). The biggest change over the last two years: Domestic institutions raised their stake by 9.3 percentage points over 8 quarters (as of 3 November 2026). ### Does Reliance Infra have too much debt? No, Reliance Infrastructure Ltd has little debt: its debt is 0.28× its equity, and its operating profit is 1 times its interest bill. FY26 borrowings were ₹4,937 Cr against equity of ₹17,873 Cr. So the returns on this page come from the business, not borrowed money (as of 3 November 2026). ### Where is Reliance Infra in its business cycle? Reliance Infrastructure Ltd's FY26 operating margin was 4.9%, against a 13-year range of −23.0% to 19.0%: the middle of its own range, neither a peak nor a low. The latest quarter was −2.4%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Reliance Infra story? The main question: profits are rising, but only 45% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Reliance Infra a stock worth studying right now? What the numbers show: Reliance Infrastructure Ltd's share price has fallen more than its earnings. Earnings per share fell 43.1% in a year while the price moved −77.7%. The main open question: whether the cash starts to follow the profit. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ## Lists

- Penny stocks: https://www.sectoralpha.in/penny-stocks-india
- Power & green energy stocks: https://www.sectoralpha.in/sectors/power-stocks-india

This is research, not advice. We’re not SEBI-registered.