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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Reliance Industrial Infrastructure Ltd. is engaged in the business of setting up/operating industrial infrastructure. The Company has its operations in the Mumbai and the Rasayani regions of Maharashtra, Surat and Jamnagar belts of Gujarat as also at other places in India. It…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A weak, stagnant business, trading cheap versus its own history — but flagged on governance.
Reliance Industrial Infra is scored on the general / industrial framework. It keeps a healthy 18.1% of every rupee of sales as net profit. Cash conversion lags the reported profit (CFO/PAT -2.88×) — worth a closer look. Free cash flow is worth about 0.5% of its market value.
Over the last 3 years revenue compounded at -5%/yr and profit at -11%/yr. Book value has grown 3%/yr. Return on equity is a weak 2.6%. In the latest quarter profit fell 1% versus the prior quarter.
At 85× earnings, the stock sits at the 17th percentile of its own 3.6-year range — the cheap end of where it has historically traded. Today's price already implies ~30%/yr earnings growth sustained for a decade — a demanding bar. The forensic screen raises 2 red flags: Only ₹-0.25 of cash per ₹1 profit over 4 years — earnings not converting to cash; 165% of pre-tax profit is other income, not operations.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 89.24 | 22.25 | worse |
| P/B | 2.29 | 2.6 | better |
| EV/EBITDA | 69.59 | 30.35 | worse |
| ROE | 2.56 | 6.19 | worse |
| ROCE | 3.03 | — | — |
| ROA | 2.34 | 3.28 | worse |
| Quick Ratio | 9.13 | 11.27 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Meesho | -117.3 | 25.7 | -21.9% |
| Container Corp Of India | 27.4 | 2.5 | 9.1% |
| Delhivery | 172.8 | 3.3 | 2.1% |
Revenue declined 8% in the latest year — a break from prior trajectory. Negative CAGR — the top line has shrunk over this window.
Revenue is outpacing profit (-5% vs -11%) — costs are rising faster than the top line.
Operating margins have been stable around 24% — no major structural shift. The gap between operating and net margin is widening — interest or tax costs are rising. Margins have declined for 2 consecutive years — watch for a structural cost problem.
ROE at 2% — modest; the capital isn't working hard. Low variance across years — a predictable business that earns steadily on its equity base.
-11% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
2 of 4 years had negative operating cash flow — profitability on paper may not translate to cash. Financing outflows in consecutive years — balance-sheet discipline through debt repayment or dividends.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue fell 6% QoQ — could be seasonality or a genuine slowdown. Run-rate fading — recent quarters 10% below earlier ones.
Quarterly net margins are expanding (16% → 20%) — profitability per rupee of revenue is improving.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters at 45.4% — dispersed ownership; institutional flows drive the stock.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.