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As of 6 Nov 2026, Reliance Communications is loss-making on a trailing 12-month basis, so it has no P/E ratio. The share price is ₹0.83, 40% below its 52-week high. Sales fell 13% a year over 3 years. Its net worth is negative, as liabilities exceed assets, and borrowings are ₹47,212 Cr. It is a small-cap company with a market cap of ₹229 Cr, ranked 14th of 20 Telecom Services companies by market cap; the shares fell 36% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year
Open
₹0.82
Day high
₹0.84
Day low
₹0.81
Prev. close
₹0.81
Volume
28.7 L

Health check

5 to check
  • ReturnsBehind

    −35.7% over a year, better than 1 of 7 peers.

  • Price tagNegative equity

    Book value is below zero, so P/E and P/B mislead here.

  • GrowthShrinking

    Sales −13.1% a year over 3 years.

  • ProfitabilityDistorted

    With negative net worth, return ratios are meaningless.

  • Balance sheetStretched

    Negative net worth: liabilities exceed assets.

  • Red flags5 to check

    Loss-making over the last twelve months.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Telecom Services

19 listed peers. Screen the industry

Small cap

₹229 Cr, #14 of 20 in its industry by size.

Defensive

Beta 0.79 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Jun 2026: sales ₹305 Cr · profit ₹1,626 Cr
Market cap
₹229 Cr
Small cap
P/E
n/a
Industry 18.5
Price to book
−0.00
Peers 3.27
Dividend yield
0.00%
ROE
n/a
Peers 20.2%
ROCE
n/a
Peers 18.6%
Debt to equity
n/a
Debt ₹47,212 Cr
EPS (TTM)
−₹0.02
Face value ₹5
OPM (TTM)
−56.1%
Net margin 0.0%
Sales growth
−10.8%
Latest quarter vs a year ago
Profit growth
n/a
Year-ago quarter not reported
Price to sales
0.75
EV/EBITDA −135.5

Strengths and risks

Risks to check

  • Loss-making over the last twelve months.
  • Negative net worth: liabilities exceed assets.
  • Quarterly sales down 10.8% on a year ago.
  • 40% below its 52-week high.
  • Interest coverage of only −4.3×.

No standout strengths in the headline numbers.

Derived automatically from reported figures. Not a recommendation.

About Reliance Communications

Reliance Communications Limited provides wireline and wireless telecom services to the business and government segments. The company was formerly known as Reliance Communication Ventures Limited and changed its name to Reliance Communications Limited in June 2006. Reliance Communications Limited was incorporated in 2004 and is based in Navi Mumbai, India. Reliance Communications Limited is in corporate insolvency resolution process under the provisions of…

Headquarters
Navi Mumbai
Sector
Communication Services
ISIN
INE330H01018
Website
rcom.co.in

Price range

52 weeks

₹0.75₹1.38

Today

₹0.81₹0.84
Avg volume (3M)
30.8 L
1-year return
minus 35.7%
From 52-week high
minus 39.9%

Peers · Telecom Services

Capital-heavy industry columns

Compare with peersScreen the whole industry
Company
BHARTIARTLBharti Airtel2,107.20plus 2.45%13,15,37141.512.116.7%57.1%1.0014.9%minus 2.7%
IDEAVodafone Idea12.76minus 1.01%1,38,2463.717.136.9%42.7%–2.1%plus 37.0%
INDUSTOWERIndus Towers383.10minus 0.03%1,01,06114.26.418.4%54.6%0.564.6%minus 2.4%
BHARTIHEXABharti Hexacom1,664.40minus 2.01%83,22042.317.321.1%52.9%0.8612.4%minus 9.3%
TATACOMMTata Communications1,704.80minus 0.52%48,60144.112.315.3%19.9%3.7111.6%minus 10.1%
TTMLTata Teleservices (Maharashtra)39.77plus 12.57%7,77526.043.1–55.0%–1.5%minus 36.3%
RAILTELRailtel Corporation Of India241.05minus 0.16%7,73622.811.018.7%14.6%0.0329.8%minus 33.7%
RCOMReliance Communications0.83plus 2.47%229–––−56.1%–−13.1%minus 35.7%
Median of 7 peers–−0.16%83,22026.012.318.6%52.9%0.8611.6%−9.3%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrJun 25Sep 25Dec 25Mar 26Jun 26
8387638174
851419518654
−2−54−32−10520
−2.4%−62.1%−50.8%−129.6%27.0%
889128
1111111111
2928292626
–––−179468
−34−85−63−309459
––−9.5%0.3%0.4%
−2,560−2,701−2,767−3,097−809
-9.33-9.84-10.08-11.29-2.95

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
−13.1%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
479383358314
–minus 20.0%minus 6.5%minus 12.3%
393354369505
8629−11−191
18.0%7.6%−3.1%−60.8%
−6583335
47474644
137128117111
−11751−41−179
−280−87−182−490
1.1%−16.1%−2.2%−1.0%
−14,499−7,212−9,389−11,125
-52.83-26.28-34.21-40.54

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
1,3831,3831,3831,383
−76,274−83,513−92,873−1,03,948
47,26147,23247,21647,212
64,39871,45280,69991,689
36,76836,55436,42536,336
1,7241,5591,4301,294
94907853
254479
389386439552
34,53634,51534,47434,358
36,76836,55436,42536,336

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
−64−4028−14
8652147
−22−38−58−52
−78−13−9−19
−64−4028−14

Shareholding pattern

Source: NSE filings
0.8%
promoters
  • Promoters0.77%
  • Public98.46%
  • Employee trusts0.77%
  • As of 30 Sep 2026
QuarterSplitPromotersPublicPromoter change
30 Sep 20260.77%98.46%0.00
30 Jun 20260.77%98.46%0.00
31 Mar 20260.77%98.46%0.00
31 Dec 20250.77%98.46%0.00
30 Sep 20250.77%98.46%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you