Reliance Communications Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: April 4, 2025, 11:16 am

Market Cap	456 Cr.
Current Price	1.65
High / Low	2.59/1.41
Stock P/E
Book Value	313
Dividend Yield	0.00 %
ROCE	%
ROE	%
Face Value	5.00
PEG Ratio	0.00

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Reliance Communications Ltd

Competitors of Reliance Communications Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
City Online Services Ltd	3.41 Cr.	6.61	11.0/4.15	10.0	0.56	0.00 %	24.4 %	%	10.0
Cistro Telelink Ltd	4.21 Cr.	0.82	0.82/0.56		0.55	0.00 %	0.54 %	0.54 %	1.00
Vodafone Idea Ltd	56,400 Cr.	7.90	19.2/6.60		13.7	0.00 %	3.61 %	%	10.0
Uniinfo Telecom Services Ltd	17.5 Cr.	16.3	54.3/13.9		30.7	0.00 %	2.87 %	1.89 %	10.0
Tejas Networks Ltd	14,920 Cr.	846	1,495/647	22.4	212	0.00 %	3.68 %	2.06 %	10.0
Industry Average	132,052.33 Cr	340.90		28.86	135.73	0.11%	11.75%	12.69%	8.54

All Competitor Stocks of Reliance Communications Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	146	125	125	123	120	111	100	97	94	92	97	88	87
Expenses	142	155	149	152	117	80	91	117	92	94	83	86	118
Operating Profit	4	-30	-24	-29	3	31	9	-20	2	-2	14	2	-31
OPM %	3%	-24%	-19%	-24%	2%	28%	9%	-21%	2%	-2%	14%	2%	-36%
Other Income	-1,647	-1,629	-1,690	-1,764	-9,258	-1,873	-1,930	-989	-2,017	-2,077	-2,192	-2,249	-2,309
Interest	12	11	12	12	12	11	12	11	14	10	12	11	11
Depreciation	37	38	37	34	33	32	32	34	31	30	30	28	28
Profit before tax	-1,692	-1,708	-1,763	-1,839	-9,300	-1,885	-1,965	-1,054	-2,060	-2,119	-2,220	-2,286	-2,379
Tax %	0%	-0%	0%	0%	0%	-0%	0%	1%	0%	0%	0%	0%	0%
Net Profit	-1,696	-1,700	-1,763	-1,839	-9,300	-1,882	-1,965	-1,060	-2,060	-2,127	-2,220	-2,286	-2,379
EPS in Rs	-6.11	-6.15	-6.38	-6.65	-32.59	-6.81	-7.11	-3.83	-7.45	-7.69	-8.03	-8.27	-8.60

Last Updated: February 28, 2025, 6:18 pm

Below is a detailed analysis of the quarterly data for Reliance Communications Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is ₹87.00 Cr.. The value appears to be declining and may need further review. It has decreased from 88.00 Cr. (Sep 2024) to ₹87.00 Cr., marking a decrease of 1.00 Cr..
For Expenses, as of Dec 2024, the value is ₹118.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 86.00 Cr. (Sep 2024) to ₹118.00 Cr., marking an increase of 32.00 Cr..
For Operating Profit, as of Dec 2024, the value is ₹-31.00 Cr.. The value appears to be declining and may need further review. It has decreased from 2.00 Cr. (Sep 2024) to ₹-31.00 Cr., marking a decrease of 33.00 Cr..
For OPM %, as of Dec 2024, the value is -36.00%. The value appears to be declining and may need further review. It has decreased from 2.00% (Sep 2024) to -36.00%, marking a decrease of 38.00%.
For Other Income, as of Dec 2024, the value is ₹-2,309.00 Cr.. The value appears to be declining and may need further review. It has decreased from -2,249.00 Cr. (Sep 2024) to ₹-2,309.00 Cr., marking a decrease of 60.00 Cr..
For Interest, as of Dec 2024, the value is ₹11.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 11.00 Cr..
For Depreciation, as of Dec 2024, the value is ₹28.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 28.00 Cr..
For Profit before tax, as of Dec 2024, the value is ₹-2,379.00 Cr.. The value appears to be declining and may need further review. It has decreased from -2,286.00 Cr. (Sep 2024) to ₹-2,379.00 Cr., marking a decrease of 93.00 Cr..
For Tax %, as of Dec 2024, the value is 0.00%. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 0.00%.
For Net Profit, as of Dec 2024, the value is ₹-2,379.00 Cr.. The value appears to be declining and may need further review. It has decreased from -2,286.00 Cr. (Sep 2024) to ₹-2,379.00 Cr., marking a decrease of 93.00 Cr..
For EPS in Rs, as of Dec 2024, the value is -8.60. The value appears to be declining and may need further review. It has decreased from -8.27 (Sep 2024) to -8.60, marking a decrease of 0.33.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 3:26 pm

Metric	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	20,561	21,238	24,787	25,594	6,554	4,593	4,015	1,685	760	556	479	383	364
Expenses	14,589	14,575	17,593	18,342	6,937	27,673	8,771	33,771	6,378	618	498	394	381
Operating Profit	5,972	6,663	7,194	7,252	-383	-23,080	-4,756	-32,086	-5,618	-62	-19	-11	-17
OPM %	29%	31%	29%	28%	-6%	-502%	-118%	-1,904%	-739%	-11%	-4%	-3%	-5%
Other Income	1,187	1,007	324	388	86	96	975	-10,161	19	-6,378	-14,585	-7,013	-8,827
Interest	2,499	3,019	2,755	2,924	255	186	192	62	48	47	47	47	44
Depreciation	3,845	4,535	3,817	4,484	821	721	820	354	155	151	136	127	116
Profit before tax	815	116	946	232	-1,373	-23,891	-4,793	-42,663	-5,802	-6,638	-14,787	-7,198	-9,004
Tax %	9%	-880%	34%	-184%	-7%	0%	51%	0%	0%	-0%	-0%	0%
Net Profit	745	1,139	623	660	-1,283	-23,907	-7,218	-42,677	-5,812	-6,637	-14,784	-7,212	-9,012
EPS in Rs	3.26	5.07	2.87	2.57	-5.64	-86.20	-26.06	-154.30	-20.94	-23.94	-52.43	-26.08	-32.59
Dividend Payout %	8%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	52.89%	-45.30%	5.94%	-294.39%	-1763.37%	69.81%	-491.26%	86.38%	-14.19%	-122.75%	51.22%
Change in YoY Net Profit Growth (%)	0.00%	-98.19%	51.24%	-300.33%	-1468.97%	1833.18%	-561.07%	577.64%	-100.58%	-108.56%	173.97%

Reliance Communications Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	-33%
5 Years:	-38%
3 Years:	-20%
TTM:	-9%

Compounded Profit Growth
10 Years:	%
5 Years:	-1%
3 Years:	-9%
TTM:	-65%

Stock Price CAGR
10 Years:	-30%
5 Years:	18%
3 Years:	-18%
1 Year:	-10%

Return on Equity
10 Years:	%
5 Years:	%
3 Years:	%
Last Year:	%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 8:01 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	1,032	1,032	1,244	1,244	1,244	1,383	1,383	1,383	1,383	1,383	1,383	1,383	1,383
Reserves	32,818	31,764	36,692	30,339	27,325	1,400	-5,563	-49,539	-55,289	-61,956	-76,274	-83,513	-88,015
Borrowings	41,547	41,978	39,828	46,912	49,061	47,234	48,583	45,584	45,577	45,572	47,261	47,231	47,328
Other Liabilities	14,785	14,477	13,520	23,031	18,431	22,044	23,126	50,564	56,145	62,538	64,393	71,448	75,840
Total Liabilities	90,182	89,251	91,284	101,526	96,061	72,061	67,529	47,992	47,816	47,537	36,763	36,549	36,536
Fixed Assets	70,513	68,553	65,037	69,712	70,843	20,839	9,707	3,713	3,561	3,453	3,087	2,895	2,837
CWIP	3,864	3,190	2,688	9,840	2,890	265	195	193	196	158	69	64	64
Investments	662	723	1,395	30	32	32	12,033	55	57	50	56	35	35
Other Assets	15,143	16,785	22,164	21,944	22,296	50,925	45,594	44,031	44,002	43,876	33,551	33,555	33,600
Total Assets	90,182	89,251	91,284	101,526	96,061	72,061	67,529	47,992	47,816	47,537	36,763	36,549	36,536

Below is a detailed analysis of the balance sheet data for Reliance Communications Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹1,383.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 1,383.00 Cr..
For Reserves, as of Sep 2024, the value is ₹-88,015.00 Cr.. The value appears to be worsening (becoming more negative). It has deteriorated from -83,513.00 Cr. (Mar 2024) to ₹-88,015.00 Cr., marking a decline of 4,502.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹47,328.00 Cr.. The value appears to be increasing, which may not be favorable. However, Reserves are negative, which is a major warning sign. It has increased from 47,231.00 Cr. (Mar 2024) to ₹47,328.00 Cr., marking an increase of 97.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹75,840.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 71,448.00 Cr. (Mar 2024) to ₹75,840.00 Cr., marking an increase of 4,392.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹36,536.00 Cr.. The value appears to be improving (decreasing). It has decreased from 36,549.00 Cr. (Mar 2024) to ₹36,536.00 Cr., marking a decrease of 13.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹2,837.00 Cr.. The value appears to be declining and may need further review. It has decreased from 2,895.00 Cr. (Mar 2024) to ₹2,837.00 Cr., marking a decrease of 58.00 Cr..
For CWIP, as of Sep 2024, the value is ₹64.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 64.00 Cr..
For Investments, as of Sep 2024, the value is ₹35.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 35.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹33,600.00 Cr.. The value appears strong and on an upward trend. It has increased from 33,555.00 Cr. (Mar 2024) to ₹33,600.00 Cr., marking an increase of 45.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹36,536.00 Cr.. The value appears to be declining and may need further review. It has decreased from 36,549.00 Cr. (Mar 2024) to ₹36,536.00 Cr., marking a decrease of 13.00 Cr..

However, the Borrowings (47,328.00 Cr.) are higher than the Reserves (₹-88,015.00 Cr.), which may signal higher financial risk.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	3,825	6,839	3,158	14,106	-388	964	374	19	328	119	-64	-40
Cash from Investing Activity +	-2,068	-2,099	-3,126	-14,950	812	-268	719	-355	-6	-298	-175	65
Cash from Financing Activity +	-1,576	-4,967	820	436	-173	-904	-868	-54	-55	-51	-22	-38
Net Cash Flow	181	-227	852	-408	251	-208	225	-390	267	-230	-261	-13

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-36.00	-35.00	-32.00	-39.00	-432.00	-70.00	-52.00	-77.00	-50.00	-107.00	-66.00	-58.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	69	67	72	43	181	170	122	106	215	194	219	296
Inventory Days
Days Payable
Cash Conversion Cycle	69	67	72	43	181	170	122	106	215	194	219	296
Working Capital Days	-65	-75	-47	-186	-827	1,230	670	-4,740	-6,131	-12,859	-24,358	-37,281
ROCE %	4%	4%	5%	4%	-1%	-37%	-7%	-153%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	5.18%	5.18%	5.18%	5.18%	5.18%	1.85%	1.85%	1.85%	1.85%	1.85%	1.85%	1.85%
FIIs	0.14%	0.15%	0.15%	0.15%	0.14%	0.14%	0.11%	0.11%	0.11%	0.07%	0.07%	0.07%
DIIs	4.66%	4.65%	4.66%	4.66%	4.40%	4.40%	4.40%	4.40%	4.39%	4.39%	4.38%	4.38%
Government	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%
Public	89.23%	89.23%	89.21%	89.22%	89.50%	92.81%	92.83%	92.84%	92.84%	92.90%	92.90%	92.89%
Others	0.77%	0.77%	0.77%	0.77%	0.77%	0.77%	0.77%	0.77%	0.77%	0.77%	0.77%	0.77%
No. of Shareholders	16,03,474	16,18,754	16,21,721	16,11,159	16,07,648	15,99,746	15,93,211	15,86,381	15,74,901	15,73,903	15,67,861	15,61,400

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	5.00	5.00	5.00	5.00	5.00
Basic EPS (Rs.)	-26.28	-52.83	-24.12	-21.10	-155.49
Diluted EPS (Rs.)	-26.28	-52.83	-24.12	-21.10	-155.49
Cash EPS (Rs.)	-25.61	-52.96	-23.62	-20.45	-153.03
Book Value[Excl.RevalReserv]/Share (Rs.)	-296.95	-270.77	-217.99	-193.82	-172.96
Book Value[Incl.RevalReserv]/Share (Rs.)	-296.95	-270.77	-217.99	-193.82	-172.96
Revenue From Operations / Share (Rs.)	1.38	1.73	2.01	2.75	6.09
PBDIT / Share (Rs.)	0.22	0.02	-0.12	0.01	-0.60
PBIT / Share (Rs.)	-0.23	-0.46	-0.66	-0.54	-1.88
PBT / Share (Rs.)	-0.31	-1.02	-0.83	-0.72	-39.03
Net Profit / Share (Rs.)	-26.07	-53.46	-24.16	-21.01	-154.31
NP After MI And SOA / Share (Rs.)	-26.07	-52.42	-24.10	-20.94	-154.27
PBDIT Margin (%)	15.92	1.46	-6.11	0.26	-9.91
PBIT Margin (%)	-17.23	-26.93	-33.27	-20.00	-30.91
PBT Margin (%)	-22.71	-58.87	-41.72	-26.31	-640.77
Net Profit Margin (%)	-1883.02	-3086.84	-1202.15	-764.60	-2532.99
NP After MI And SOA Margin (%)	-1883.02	-3026.93	-1199.10	-761.97	-2532.40
Return on Capital Employeed (%)	0.08	0.17	0.31	0.29	1.13
Return On Assets (%)	-19.72	-39.43	-14.01	-12.10	-88.89
Long Term Debt / Equity (X)	-0.01	-0.01	-0.01	-0.01	-0.01
Total Debt / Equity (X)	-0.57	-0.63	-0.75	-0.57	-0.63
Asset Turnover Ratio (%)	0.01	0.01	0.01	0.01	0.01
Current Ratio (X)	0.27	0.29	0.39	0.42	0.45
Quick Ratio (X)	0.27	0.29	0.39	0.42	0.45
Interest Coverage Ratio (X)	1.30	0.14	-0.72	0.04	-2.69
Interest Coverage Ratio (Post Tax) (X)	-1.70	-2.68	-3.91	-3.38	-8.63
Enterprise Value (Cr.)	47342.41	47222.05	45722.29	30661.92	30680.56
EV / Net Operating Revenue (X)	123.61	98.58	82.23	40.34	18.21
EV / EBITDA (X)	776.11	6746.01	-1344.77	15330.96	-183.72
MarketCap / Net Operating Revenue (X)	1.31	0.73	1.33	0.60	0.10
Price / BV (X)	-0.01	0.00	-0.01	-0.01	0.00
Price / Net Operating Revenue (X)	1.31	0.73	1.33	0.60	0.10
EarningsYield	-14.33	-40.95	-8.99	-12.54	-233.74

After reviewing the key financial ratios for Reliance Communications Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 5.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 5.00.
For Basic EPS (Rs.), as of Mar 24, the value is -26.28. This value is below the healthy minimum of 5. It has increased from -52.83 (Mar 23) to -26.28, marking an increase of 26.55.
For Diluted EPS (Rs.), as of Mar 24, the value is -26.28. This value is below the healthy minimum of 5. It has increased from -52.83 (Mar 23) to -26.28, marking an increase of 26.55.
For Cash EPS (Rs.), as of Mar 24, the value is -25.61. This value is below the healthy minimum of 3. It has increased from -52.96 (Mar 23) to -25.61, marking an increase of 27.35.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is -296.95. It has decreased from -270.77 (Mar 23) to -296.95, marking a decrease of 26.18.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is -296.95. It has decreased from -270.77 (Mar 23) to -296.95, marking a decrease of 26.18.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 1.38. It has decreased from 1.73 (Mar 23) to 1.38, marking a decrease of 0.35.
For PBDIT / Share (Rs.), as of Mar 24, the value is 0.22. This value is below the healthy minimum of 2. It has increased from 0.02 (Mar 23) to 0.22, marking an increase of 0.20.
For PBIT / Share (Rs.), as of Mar 24, the value is -0.23. This value is below the healthy minimum of 0. It has increased from -0.46 (Mar 23) to -0.23, marking an increase of 0.23.
For PBT / Share (Rs.), as of Mar 24, the value is -0.31. This value is below the healthy minimum of 0. It has increased from -1.02 (Mar 23) to -0.31, marking an increase of 0.71.
For Net Profit / Share (Rs.), as of Mar 24, the value is -26.07. This value is below the healthy minimum of 2. It has increased from -53.46 (Mar 23) to -26.07, marking an increase of 27.39.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is -26.07. This value is below the healthy minimum of 2. It has increased from -52.42 (Mar 23) to -26.07, marking an increase of 26.35.
For PBDIT Margin (%), as of Mar 24, the value is 15.92. This value is within the healthy range. It has increased from 1.46 (Mar 23) to 15.92, marking an increase of 14.46.
For PBIT Margin (%), as of Mar 24, the value is -17.23. This value is below the healthy minimum of 10. It has increased from -26.93 (Mar 23) to -17.23, marking an increase of 9.70.
For PBT Margin (%), as of Mar 24, the value is -22.71. This value is below the healthy minimum of 10. It has increased from -58.87 (Mar 23) to -22.71, marking an increase of 36.16.
For Net Profit Margin (%), as of Mar 24, the value is -1,883.02. This value is below the healthy minimum of 5. It has increased from -3,086.84 (Mar 23) to -1,883.02, marking an increase of 1,203.82.
For NP After MI And SOA Margin (%), as of Mar 24, the value is -1,883.02. This value is below the healthy minimum of 8. It has increased from -3,026.93 (Mar 23) to -1,883.02, marking an increase of 1,143.91.
For Return on Capital Employeed (%), as of Mar 24, the value is 0.08. This value is below the healthy minimum of 10. It has decreased from 0.17 (Mar 23) to 0.08, marking a decrease of 0.09.
For Return On Assets (%), as of Mar 24, the value is -19.72. This value is below the healthy minimum of 5. It has increased from -39.43 (Mar 23) to -19.72, marking an increase of 19.71.
For Long Term Debt / Equity (X), as of Mar 24, the value is -0.01. This value is below the healthy minimum of 0.2. There is no change compared to the previous period (Mar 23) which recorded -0.01.
For Total Debt / Equity (X), as of Mar 24, the value is -0.57. This value is within the healthy range. It has increased from -0.63 (Mar 23) to -0.57, marking an increase of 0.06.
For Asset Turnover Ratio (%), as of Mar 24, the value is 0.01. There is no change compared to the previous period (Mar 23) which recorded 0.01.
For Current Ratio (X), as of Mar 24, the value is 0.27. This value is below the healthy minimum of 1.5. It has decreased from 0.29 (Mar 23) to 0.27, marking a decrease of 0.02.
For Quick Ratio (X), as of Mar 24, the value is 0.27. This value is below the healthy minimum of 1. It has decreased from 0.29 (Mar 23) to 0.27, marking a decrease of 0.02.
For Interest Coverage Ratio (X), as of Mar 24, the value is 1.30. This value is below the healthy minimum of 3. It has increased from 0.14 (Mar 23) to 1.30, marking an increase of 1.16.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is -1.70. This value is below the healthy minimum of 3. It has increased from -2.68 (Mar 23) to -1.70, marking an increase of 0.98.
For Enterprise Value (Cr.), as of Mar 24, the value is 47,342.41. It has increased from 47,222.05 (Mar 23) to 47,342.41, marking an increase of 120.36.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 123.61. This value exceeds the healthy maximum of 3. It has increased from 98.58 (Mar 23) to 123.61, marking an increase of 25.03.
For EV / EBITDA (X), as of Mar 24, the value is 776.11. This value exceeds the healthy maximum of 15. It has decreased from 6,746.01 (Mar 23) to 776.11, marking a decrease of 5,969.90.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 1.31. This value is within the healthy range. It has increased from 0.73 (Mar 23) to 1.31, marking an increase of 0.58.
For Price / BV (X), as of Mar 24, the value is -0.01. This value is below the healthy minimum of 1. It has decreased from 0.00 (Mar 23) to -0.01, marking a decrease of 0.01.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 1.31. This value is within the healthy range. It has increased from 0.73 (Mar 23) to 1.31, marking an increase of 0.58.
For EarningsYield, as of Mar 24, the value is -14.33. This value is below the healthy minimum of 5. It has increased from -40.95 (Mar 23) to -14.33, marking an increase of 26.62.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Reliance Communications Ltd as of April 4, 2025 is: 574.67

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of April 4, 2025, Reliance Communications Ltd is Undervalued by 34,728.48% compared to the current share price 1.65

Default values used*: Default value of 15 for Stock P/E is used, Default value of 15% for ROE is used

Intrinsic Value of Reliance Communications Ltd as of April 4, 2025 is: 345.94

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of April 4, 2025, Reliance Communications Ltd is Undervalued by 20,866.06% compared to the current share price 1.65

Default values used*: Default value of 15 for Stock P/E is used, Default value of 15% for ROE is used

Last 5 Year EPS CAGR: -39.80%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a low average Working Capital Days of -51.00, which is a positive sign. The company has shown consistent growth in sales (203.62 cr) and profit (153.69 cr) over the years.	The stock has a low average ROCE of -15.08%, which may not be favorable. The stock has a high average Cash Conversion Cycle of 146.17, which may not be favorable. The company has higher borrowings (45,668.92) compared to reserves (-19,985.46), which may suggest financial risk.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Reliance Communications Ltd:
1. Net Profit Margin: -1883.02%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 0.08% (Industry Average ROCE: 11.75%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 0% (Industry Average ROE: 12.69%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): -1.7
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 0.27
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 0 (Industry average Stock P/E: 28.86)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: -0.57
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Reliance Communications Ltd. is a Public Limited Listed company incorporated on 15/07/2004 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L45309MH2004PLC147531 and registration number is 147531. Currently Company is involved in the business activities of Wired telecommunications activities. Company's Total Operating Revenue is Rs. 290.00 Cr. and Equity Capital is Rs. 1383.00 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Telecom Services	H Block, 1st Floor, Dhirubhai Ambani Knowledge City, New Mumbai Maharashtra 400710	rcom.investors@relianceada.com http://www.rcom.co.in

Management
Name	Position Held
Mr. Anil Dhirubhai Ambani	Chairman
Mr. Punit Garg	Director
Mrs. Chhaya Virani	Director
Mr. Suresh Rangachar	Director
Mrs. Grace Thomas	Director
Mrs. Manjari Kacker	Director
Mrs. Ryna Karani	Director

FAQ

What is the intrinsic value of Reliance Communications Ltd?

Reliance Communications Ltd's intrinsic value (as of 04 April 2025) is ₹574.67 — 34728.48% higher the current market price of ₹1.65, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 456 Cr. market cap, FY2025-2026 high/low of ₹2.59/1.41, reserves of -88,015 Cr, and liabilities of 36,536 Cr.

What is the Market Cap of Reliance Communications Ltd?

The Market Cap of Reliance Communications Ltd is 456 Cr..

What is the current Stock Price of Reliance Communications Ltd as on 04 April 2025?

The current stock price of Reliance Communications Ltd as on 04 April 2025 is 1.65.

What is the High / Low of Reliance Communications Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Reliance Communications Ltd stocks is ₹2.59/1.41.

What is the Stock P/E of Reliance Communications Ltd?

The Stock P/E of Reliance Communications Ltd is .

What is the Book Value of Reliance Communications Ltd?

The Book Value of Reliance Communications Ltd is 313.

What is the Dividend Yield of Reliance Communications Ltd?

The Dividend Yield of Reliance Communications Ltd is 0.00 %.

What is the ROCE of Reliance Communications Ltd?

The ROCE of Reliance Communications Ltd is %.

What is the ROE of Reliance Communications Ltd?

The ROE of Reliance Communications Ltd is %.

What is the Face Value of Reliance Communications Ltd?

The Face Value of Reliance Communications Ltd is 5.00.