Reliance Infrastructure Limited (RInfra), formerly Reliance Energy Limited (REL) and Bombay Suburban Electric Supply (BSES), is an Indian private sector enterprise involved in power generation, infrastructure, construction and defence. It is part of the Reliance Anil Dhirubhai Ambani Group, headed by its chairman, Anil Ambani, and chief executive officer, Punit Narendra Garg. The corporate headquarters is in Navi Mumbai.
Reliance Infrastructure’s interests are in the fields of power plants, metro rail, airports, bridges, toll roads, and defence. As of March 2018, Reliance Infrastructure has 56 subsidiaries, 8 associate companies, and 2 joint-ventures. The EPC Business division of the company in 2018 has bagged various orders, including ₹7,000 crore Versova-Bandra Sea Link project, ₹3,647 crore Uppur Thermal Power Project, ₹1,881 crore National Highway projects from NHAI in Bihar & Jharkhand, ₹1,585 crore Mumbai Metro Line-4 project, ₹1,081 crore Kudankulam Nuclear Power Plant project and others.
Here are some of the company’s key projects:
- Power: Reliance Infrastructure has a presence in the entire power value chain, from generation to transmission and distribution. The company has a portfolio of power plants with a total capacity of over 5,000 MW.
- Infrastructure: Reliance Infrastructure is one of the leading players in the Indian infrastructure sector. The company has a portfolio of projects in the areas of roads, bridges, airports, and metro rail.
- Construction: Reliance Infrastructure is a leading engineering, procurement, and construction (EPC) company. The company has executed a number of large and complex projects in India and abroad.
- Defence: Reliance Infrastructure has a growing presence in the Indian defence sector. The company is involved in the manufacture of a wide range of defence products, including warships, submarines, and combat vehicles.
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Reliance Infrastructure Products
Here are some of the company’s key products and services:
- Power: Reliance Infrastructure has a presence in the entire power value chain, from generation to transmission and distribution. The company has a portfolio of power plants with a total capacity of over 5,000 MW.
- Infrastructure: Reliance Infrastructure is one of the leading players in the Indian infrastructure sector. The company offers a variety of infrastructure products and services, including:
- Engineering, procurement, and construction (EPC) services for power, roads, metro rail, and other infrastructure projects
- Development, operation, and maintenance of infrastructure projects
- Toll roads and bridges
- Airports
- Construction: Reliance Infrastructure is a leading engineering, procurement, and construction (EPC) company. The company has executed a number of large and complex projects in India and abroad.
- Defence: Reliance Infrastructure has a growing presence in the Indian defence sector. The company manufactures a wide range of defence products, including:
- Warships
- Submarines
- Combat vehicles
Reliance Infrastructure Revenue and Net Profit
- Revenue: In the third quarter of the 2023-2024 financial year (October-December 2023), Reliance Infrastructure’s revenue increased by 5.81% year-over-year to ₹5,062.14 crore. However, it is important to note that this represents a 31.35% decline compared to the previous quarter (July-September 2023).
- Net Profit: Unfortunately, Reliance Infrastructure’s net profit for the same quarter (Q3 2023-24) decreased by 57.47% year-over-year, amounting to ₹-421.17 crore. This also signifies a 108.62% fall compared to the net profit in the previous quarter.
Reliance Infrastructure Shareholding Patterns
Reliance Infrastructure’s shareholding pattern is as follows:
- Promoters: 16.50%
- Domestic Institutional Investors (DII): 2.64%
- Foreign Institutional Investors (FII): 14.50%
- Public & Others: 44.27%
- Government Holding: 0.02%
- Corporate Holding: 22.08%
Reliance Infrastructure Share Price Target for 2025, 2026, 2027, 2028, 2029
| Year | Share Price Target |
|---|---|
| 2025 | ₹500 |
| 2026 | ₹1000 |
| 2027 | ₹1500 |
| 2028 | ₹2000 |
| 2029 | ₹2500 |
Reliance Infrastructure Share Price Target for 2025
Reliance Infrastructure Share Price Target for 2025 is 500.
Reliance Infrastructure Share Price Target for 2026
Reliance Infrastructure Share Price Target for 2026 is 1000.
Reliance Infrastructure Share Price Target for 2027
Reliance Infrastructure Share Price Target for 2027 is 1500.
Reliance Infrastructure Share Price Target for 2028
Reliance Infrastructure Share Price Target for 2028 is 2000.
Reliance Infrastructure Share Price Target for 2029
Reliance Infrastructure Share Price Target for 2029 is 2500.
Reliance Infrastructure Dividend History
Reliance Infrastructure does not have a consistent history of paying dividends. While the company did pay out dividends in some years, including ₹9.50 per share in September 2018, it hasn’t distributed any dividends since then.
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Future Outlook of Reliance Infrastructure
Opportunities:
- Government focus on infrastructure development: The Indian government’s continued focus on infrastructure development, particularly in areas like roads, bridges, and metro rails, presents potential business opportunities for RInfra, given their established presence in these sectors.
- Debt reduction: RInfra has been actively working to reduce its debt burden, which could improve its financial health and investor confidence in the long run.
- Diversification: The company’s diversification across various infrastructure segments like power, roads, and defence could help mitigate risks associated with any single sector.
Risks Associated With Investing in Reliance Infrastructure
Challenges:
- Competition: The Indian infrastructure sector is highly competitive, with several established players vying for projects. RInfra needs to maintain its competitive edge through efficient execution and cost management.
- Profitability: RInfra’s recent financial performance has been mixed, with declining profits in some quarters. The company needs to improve its operational efficiency and profitability to attract investors.
- Regulatory environment: The regulatory environment in the infrastructure sector can be complex and subject to change, which can impact project timelines and costs.
Reliance Infrastructure Competitors
Reliance Infrastructure operates in a diverse range of sectors within the Indian infrastructure industry, facing competition from various players depending on the specific area of operation. Here are some of their key competitors across different sectors:
Power:
- NTPC Limited: A leading public sector undertaking in power generation and transmission.
- National Hydroelectric Power Corporation (NHPC): Another public sector enterprise focusing on hydropower generation.
- Tata Power Company Limited: A private company with a significant presence in power generation, transmission, and distribution.
Infrastructure:
- Larsen & Toubro Limited (L&T): A diversified engineering and construction company with a strong presence in infrastructure projects.
- Shapoorji Pallonji Group: A construction and engineering conglomerate with expertise in various infrastructure projects.
- GVK Power & Infrastructure Limited: A private company involved in power, infrastructure, and hospitality sectors.
Construction:
- Afcons Infrastructure Limited: An engineering, procurement, and construction (EPC) company specializing in infrastructure projects.
- Gammon India Limited: A construction company with experience in various infrastructure projects, including buildings, bridges, and industrial facilities.
- GMR Infrastructure Limited: A company focusing on airports, highways, and power transmission projects.
Defence:
- Bharat Electronics Limited (BEL): A public sector undertaking engaged in the design, development, and manufacture of electronic products for the Indian defence forces.
- Hindustan Aeronautics Limited (HAL): Another public sector undertaking specializing in the design, development, and manufacture of aircraft, helicopters, and aerospace systems.
- Mazagon Dock Shipbuilders Limited (MDL): A public sector shipyard constructing warships and submarines for the Indian Navy.
Reliance Infrastructure FAQs
Here are some frequently asked questions about Reliance Infrastructure:
Company & Business:
- What does Reliance Infrastructure do?
- Reliance Infrastructure is an Indian private sector enterprise involved in power generation, transmission, and distribution, as well as various infrastructure projects like roads, bridges, airports, and metro rail. It also has a growing presence in the defence sector.
- Who is the chairman and CEO of Reliance Infrastructure?
- Chairman: Anil Ambani
- CEO: Punit Narendra Garg
- Where is the headquarters of Reliance Infrastructure located?
- Navi Mumbai, India
Financials & Shareholding:
- What is the current share price of Reliance Infrastructure?
- The share price is subject to change throughout the day. You can find the latest information on financial websites or the company’s website.
- What is the shareholding pattern of Reliance Infrastructure?
- As of the latest available data, the shareholding is divided into:
- Promoters: 16.50%
- Domestic Institutional Investors (DII): 2.64%
- Foreign Institutional Investors (FII): 14.50%
- Public & Others: 44.27%
- Government Holding: 0.02%
- Corporate Holding: 22.08%
- As of the latest available data, the shareholding is divided into:
- Does Reliance Infrastructure pay dividends?
- Reliance Infrastructure does not have a consistent history of paying dividends. While they paid out dividends in some years, they haven’t done so since September 2018.
Future Outlook:
- What is the future outlook for Reliance Infrastructure?
- The future outlook is mixed, with both opportunities and challenges. Opportunities include government focus on infrastructure, debt reduction efforts, and diversification. Challenges include competition, profitability concerns, and the regulatory environment.