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Reliance Communications

RCOM NSE
₹0.80 No trade today
P/E
Not meaningful: loss-making over the last twelve months
View as Markdown
MCP
Close 4 Nov 2026 ₹0.80 −0.44 −35.5% 1Y
Start ₹1.24

Key Fundamentals

MicrocapTelecom - ServicesTelecom

Price-based figures as of · EPS basis: Consolidated · TTM

ROCE
—
Debt to Equity
Not meaningful: shareholders’ equity is negative
EPS (TTM)
−₹33.91
Book Value
−₹370.87
Market Cap
—
P/E (TTM)
Not meaningful: loss-making over the last twelve months
P/B
Not meaningful: book value is negative
ROE
Not meaningful: shareholders’ equity is negative
Dividend Yield
0.00%
EBITDA
−₹11,000 Cr
52W High
₹1.38
52W Low
₹0.75
Volume
0

Peer Comparison

Telecommunication › Telecom › Telecom Service Provider › Telecom - Cellular & Fixed line services

Reliance Communications peer comparison
Bharti Airtel
₹2,067.6042.50₹12,79,365 Cr7.331.16%20.30%17.60%₹2,20,049 Cr₹36,413 Cr
Vodafone Idea
₹12.55—₹1,32,612 Cr—0.00%—−1.72%₹45,539 Cr₹37,406 Cr
Bharti Hexacom
₹1,718.8047.13₹85,730 Cr11.991.06%26.00%21.40%₹9,601 Cr₹1,824 Cr
Tata Communications
₹1,754.6052.87₹50,323 Cr14.710.99%32.60%14.60%₹25,426 Cr₹936 Cr
Tata Teleservices Maharashtra
₹35.13—₹6,760 Cr—0.00%—55.60%₹1,178 Cr₹38 Cr
Mahanagar Telephone Nigam
₹24.30—₹1,528 Cr—0.00%—−9.32%₹988 Cr−₹3,006 Cr
Reliance Communications (this company)
₹0.80—₹221 Cr—0.00%——₹305 Cr−₹9,374 Cr
Median 7 companies₹35.1347.13₹50,323 Cr11.990.00%26.00%16.10%₹9,601 Cr₹936 Cr

Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

Overall score

27 Poor

Data confidence 84/100

Category scores

Quality
15
Poor
Returns, margins, earnings quality 22% weight
Valuation
38
Weak
Cheap vs sector & own history 24% weight
Growth
21
Poor
Sales & profit trajectory 9% weight
Financial Health
1
Poor
Solvency, leverage, coverage 9% weight
Momentum
31
Poor
Trend strength, vol-adjusted 12% weight
Ownership
39
Weak
FII/DII/promoter flows 24% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

No strengths listed

Weaknesses

4
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -16.2% over past five years.
  • Promoter holding is low: 0.78%
  • Company has high debtors of 358 days.

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallStrong Bearish1270
OscillatorsBearish270
Moving AveragesStrong Bearish1000

Key readings

RSI (14)
41.23
Neutral
MACD (12,26,9)
−0.02
Bearish
SMA (50)
0.86
Bearish
SMA (200)
0.91
Bearish

As of

Growth Rate

From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.

Revenue

Revenue growth by window
10Y−35.60%
5Y−16.20%
3Y−13.13%
1Y−12.29%
TTM−11.59%

Net profit

Net profit growth by window
10YTurned to loss
5YLoss widened by ₹5,313 Cr
3YLoss narrowed by ₹3,659 Cr
1YLoss widened by ₹1,736 Cr
TTMLoss narrowed by ₹353 Cr

Operating cash flow

Operating cash flow growth by window
10YTurned negative
5YTurned negative
3YOutflow narrowed by ₹50 Cr
1YTurned negative
TTM—

TTM: Reported once a year, so there is no trailing-twelve-month figure.

Operating margin· change in pp

Operating margin growth by window
10Y−89.16 pp
5Y+678.38 pp
3Y−56.86 pp
1Y−57.76 pp
TTM−47.66 pp

Revenue by year

Revenue by year, ₹ crore
Mar 2017₹6,554 Cr
Mar 2018₹4,593 Cr
Mar 2019₹4,015 Cr
Mar 2020₹1,685 Cr
Mar 2021₹760 Cr
Mar 2022₹556 Cr
Mar 2023₹479 Cr
Mar 2024₹383 Cr
Mar 2025₹358 Cr
Mar 2026₹314 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2017−₹1,283 Cr
Mar 2018−₹23,907 Cr
Mar 2019−₹7,218 Cr
Mar 2020−₹42,677 Cr
Mar 2021−₹5,812 Cr
Mar 2022−₹6,637 Cr
Mar 2023−₹14,784 Cr
Mar 2024−₹7,212 Cr
Mar 2025−₹9,389 Cr
Mar 2026−₹11,125 Cr

Quarterly Results

₹ Cr
RCOM quarterly results, ₹ crore
Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
100
97
94
92
97
88
87
87
83
87
63
81
74
Expenses
91
117
92
94
83
86
118
85
85
141
95
186
54
Operating Profit
9
−20
2
−2
14
2
−31
2
−2
−54
−32
−105
20
OPM %
9%
−21%
2.1%
−2.2%
14%
2.3%
−36%
2.3%
−2.4%
−62%
−51%
−130%
27%
Other Income
−1,930
−989
−2,017
−2,077
−2,192
−2,249
−2,309
−2,458
−2,518
−2,608
−2,689
−2,957
−790
Interest
12
11
14
10
12
11
11
11
11
11
11
11
11
Depreciation
32
34
31
30
30
28
28
31
29
28
29
26
26
PBT
−1,965
−1,054
−2,060
−2,119
−2,220
−2,286
−2,379
−2,498
−2,560
−2,701
−2,761
−3,099
−807
Tax %
0%
1%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
Net Profit
−1,965
−1,060
−2,060
−2,127
−2,220
−2,286
−2,379
−2,502
−2,560
−2,701
−2,767
−3,098
−809
EPS (₹)
−7.11
−3.83
−7.45
−7.69
−8.03
−8.27
−8.6
−9.05
−9.26
−9.77
−10.01
−11.2
−2.93

Profit & Loss

₹ Cr
RCOM profit and loss, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
24,787
25,594
6,554
4,593
4,015
1,685
760
556
479
383
358
314
305
Expenses
17,593
18,342
6,937
27,673
8,771
33,771
6,378
618
498
394
369
505
476
Operating Profit
7,194
7,252
−383
−23,080
−4,756
−32,086
−5,618
−62
−19
−11
−11
−191
−171
OPM %
29%
28%
−6%
−502%
−118%
Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number.
−739%
−11%
−4%
−2.9%
−3.1%
−61%
−56%
Other Income
324
388
86
96
975
−10,161
19
−6,378
−14,585
−7,013
−9,211
−10,774
−9,044
Interest
2,755
2,924
255
186
192
62
48
47
47
47
46
44
44
Depreciation
3,817
4,484
821
721
820
354
155
151
136
127
117
111
109
PBT
946
232
−1,373
−23,891
−4,793
−42,663
−5,802
−6,638
−14,787
−7,198
−9,385
−11,120
−9,368
Tax %
34%
−184%
−7%
0%
51%
0%
0%
0%
0%
0%
0%
0%
—
Net Profit
623
660
−1,283
−23,907
−7,218
−42,677
−5,812
−6,637
−14,784
−7,212
−9,389
−11,125
−9,374
EPS (₹)
2.87
2.57
−5.64
−86.2
−26.06
−154
−20.94
−23.94
−52.43
−26.08
−33.95
−40.23
−33.91
Div. Payout %
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
—

Balance Sheet

₹ Cr
RCOM balance sheet, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
1,244
1,244
1,244
1,383
1,383
1,383
1,383
1,383
1,383
1,383
1,383
1,383
Reserves
36,692
30,339
27,325
1,400
−5,563
−49,539
−55,289
−61,956
−76,274
−83,513
−92,873
−1,03,948
Borrowings
39,828
46,912
49,061
47,234
48,583
45,584
45,577
45,572
47,261
47,231
47,216
47,212
Other Liabilities
13,520
23,031
18,431
22,044
23,126
50,564
56,145
62,538
64,393
71,448
80,694
91,691
Total Liabilities
91,284
1,01,526
96,061
72,061
67,529
47,992
47,816
47,537
36,763
36,549
36,420
36,338
Fixed Assets
65,037
69,712
70,843
20,839
9,707
3,713
3,561
3,453
3,087
2,895
2,746
2,636
CWIP
2,688
9,840
2,890
265
195
193
196
158
69
64
53
53
Investments
1,395
30
32
32
12,033
55
57
50
56
35
36
40
Other Assets
22,164
21,944
22,296
50,925
45,594
44,031
44,002
43,876
33,551
33,555
33,585
33,609
Total Assets
91,284
1,01,526
96,061
72,061
67,529
47,992
47,816
47,537
36,763
36,549
36,420
36,338

Cash Flow

₹ Cr
RCOM cash flow, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
3,158
14,106
−388
964
374
19
328
119
−64
−40
26
−14
Investing
−3,126
−14,950
812
−268
719
−355
−6
−298
−175
65
21
47
Financing
820
436
−173
−904
−868
−54
−55
−51
−22
−38
−58
−52
Net Cash Flow
852
−408
251
−208
225
−390
267
−230
−261
−13
−11
−19
Free Cash Flow
662
−977
−62
393
1,064
8
319
84
−63
34
26
−14
CFO/EBITDA
50
197
225
−3
−3
−1
−2
−240
384
382
−109
8

Ratios

RCOM financial ratios, annual
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
72
43
181
170
122
106
215
194
219
296
317
358
Cash Conversion Cycle
72
43
181
170
122
106
215
194
219
296
317
358
Working Capital Days
−71
−249
−1,356
−617
−2,170
Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number.
Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number.
Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number.
Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number.
Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number.
Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number.
Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number.
ROCE %
5%
4%
−1%
−37%
−7%
−153%
—
—
—
—
—
—

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Reliance Communications insights

62 extracted metrics across FY08–FY27.

Shareholding Pattern

As of Sep 2026

  • Public 94.06%
  • DIIs 4.29%
  • Promoters 0.77%
  • FIIs 0.07%
  • Government 0.03%

No promoter shares pledged as of Sep 2026

Change vs previous quarter

Not shown for some quarters: Others. Not available separately for this quarter: the shareholding filing gives Public and Others as one figure, shown under Public, so Others is left blank rather than estimated.

Documents

Frequently Asked Questions about Reliance Communications

What does Reliance Communications Ltd do?
Incorporated in 2004, Reliance Communications Ltd own and operate IP enabled connectivity infrastructure comprising of fibre optic cable systems
Where is Reliance Communications Ltd (RCOM) listed?
Reliance Communications Ltd trades as RCOM on the NSE and under code 532712 on the BSE.
Which sector does Reliance Communications Ltd belong to?
Reliance Communications Ltd is classified under the Telecom sector, in the Telecom Service Provider industry.
What is the 52-week high and low of Reliance Communications Ltd?
Over the last 52 weeks Reliance Communications Ltd has traded between ₹0.75 and ₹1.38 as of 4 Nov 2026.

Company Information

Incorporated in 2004, Reliance Communications Ltd own and operate IP enabled connectivity infrastructure comprising of fibre optic cable systems

Website rcom.co.in
CEO Mr. Srinivasan Gopalan
Listed 6 Mar 2006
Face Value ₹5

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