Future criteria checks 1/6
Reliance Industries is forecast to grow earnings and revenue by 12.7% and 8.4% per annum respectively. EPS is expected to grow by 12.2% per annum. Return on equity is forecast to be 9.2% in 3 years.
Key information
12.7%
Earnings growth rate
12.2%
EPS growth rate
| Oil and Gas earnings growth | 4.0% |
| Revenue growth rate | 8.4% |
| Future return on equity | 9.2% |
| Analyst coverage | Good |
| Last updated | 26 Mar 2024 |
Recent future growth updates
Recent updates
With EPS Growth And More, Reliance Industries (NSE:RELIANCE) Makes An Interesting Case
Feb 09
Analyst Estimates: Here's What Brokers Think Of Reliance Industries Limited (NSE:RELIANCE) After Its Third-Quarter Report
Jan 22
Is Reliance Industries (NSE:RELIANCE) Using Too Much Debt?
Jan 21
There Is A Reason Reliance Industries Limited's (NSE:RELIANCE) Price Is Undemanding
Jan 03
Reliance Industries (NSE:RELIANCE) Is Increasing Its Dividend To ₹9.00
Aug 08
Returns On Capital Signal Tricky Times Ahead For Reliance Industries (NSE:RELIANCE)
Jul 30
Here's Why Reliance Industries (NSE:RELIANCE) Can Manage Its Debt Responsibly
Jun 26
Should You Be Adding Reliance Industries (NSE:RELIANCE) To Your Watchlist Today?
May 26
Returns On Capital At Reliance Industries (NSE:RELIANCE) Have Stalled
Apr 25
Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 3/31/2027 | 11,371,000 | 1,043,000 | 745,000 | N/A | 2 |
| 3/31/2026 | 10,888,839 | 932,040 | 482,412 | N/A | 28 |
| 3/31/2025 | 10,137,615 | 830,442 | 270,836 | N/A | 30 |
| 3/31/2024 | 9,418,995 | 711,180 | 124,292 | N/A | 31 |
| 12/31/2023 | 8,773,650 | 698,690 | N/A | N/A | N/A |
| 9/30/2023 | 8,690,160 | 682,960 | 172,320 | 1,558,270 | N/A |
| 6/30/2023 | 8,681,720 | 647,960 | N/A | N/A | N/A |
| 3/31/2023 | 8,778,350 | 662,840 | -259,560 | 1,150,320 | N/A |
| 12/31/2022 | 8,738,980 | 636,060 | N/A | N/A | N/A |
| 9/30/2022 | 8,417,610 | 635,270 | -398,450 | 841,930 | N/A |
| 6/30/2022 | 7,793,170 | 635,510 | N/A | N/A | N/A |
| 3/31/2022 | 6,959,630 | 562,080 | 105,090 | 1,106,540 | N/A |
| 12/31/2021 | 6,421,620 | 540,960 | N/A | N/A | N/A |
| 9/30/2021 | 5,749,950 | 516,050 | -26,570 | 950,250 | N/A |
| 6/30/2021 | 5,186,200 | 425,260 | N/A | N/A | N/A |
| 3/31/2021 | 4,669,240 | 434,860 | -788,790 | 269,580 | N/A |
| 12/31/2020 | 4,530,490 | 416,710 | N/A | N/A | N/A |
| 9/30/2020 | 4,884,910 | 452,320 | -566,470 | 322,870 | N/A |
| 6/30/2020 | 5,270,160 | 469,270 | N/A | N/A | N/A |
| 3/31/2020 | 5,975,350 | 437,980 | 183,600 | 948,770 | N/A |
| 12/31/2019 | 6,112,500 | 435,450 | N/A | N/A | N/A |
| 9/30/2019 | 6,144,430 | 419,790 | -269,080 | 566,220 | N/A |
| 6/30/2019 | 6,092,400 | 402,330 | N/A | N/A | N/A |
| 3/31/2019 | 5,692,090 | 395,880 | -512,800 | 423,460 | N/A |
| 12/31/2018 | 5,595,290 | 386,640 | N/A | N/A | N/A |
| 9/30/2018 | 5,017,300 | 378,330 | N/A | N/A | N/A |
| 6/30/2018 | 4,507,970 | 364,260 | N/A | N/A | N/A |
| 3/31/2018 | 4,082,650 | 360,750 | -24,940 | 714,590 | N/A |
| 12/31/2017 | 3,810,110 | 346,860 | N/A | N/A | N/A |
| 9/30/2017 | 3,627,000 | 327,960 | N/A | N/A | N/A |
| 6/30/2017 | 3,492,660 | 318,960 | N/A | N/A | N/A |
| 3/31/2017 | 3,301,800 | 299,010 | N/A | 495,500 | N/A |
| 12/31/2016 | 2,880,070 | 268,390 | N/A | N/A | N/A |
| 9/30/2016 | 2,763,310 | 265,780 | N/A | N/A | N/A |
| 6/30/2016 | 2,649,190 | 287,190 | N/A | N/A | N/A |
| 3/31/2016 | 2,932,980 | 297,450 | N/A | 381,340 | N/A |
| 12/31/2015 | 2,837,620 | 266,130 | N/A | N/A | N/A |
| 9/30/2015 | 3,090,290 | 245,790 | N/A | N/A | N/A |
| 6/30/2015 | 3,479,250 | 238,310 | N/A | N/A | N/A |
| 3/31/2015 | 3,754,350 | 235,660 | N/A | 343,740 | N/A |
| 12/31/2014 | 4,113,930 | 230,660 | N/A | N/A | N/A |
| 9/30/2014 | 4,359,030 | 233,120 | N/A | N/A | N/A |
| 6/30/2014 | 4,415,970 | 232,130 | N/A | N/A | N/A |
| 3/31/2014 | 4,344,600 | 224,930 | N/A | 432,610 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RELIANCE's forecast earnings growth (12.7% per year) is above the savings rate (6.7%).
Earnings vs Market: RELIANCE's earnings (12.7% per year) are forecast to grow slower than the Indian market (17.7% per year).
High Growth Earnings: RELIANCE's earnings are forecast to grow, but not significantly.
Revenue vs Market: RELIANCE's revenue (8.4% per year) is forecast to grow slower than the Indian market (10.5% per year).
High Growth Revenue: RELIANCE's revenue (8.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RELIANCE's Return on Equity is forecast to be low in 3 years time (9.2%).
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