Reliance Communications (NSE:RCOM) Debt-to-Equity: N/A (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:RCOM Reliance Communications Ltd NSE:RCOM
40 GF Score
Price ₹0.97
GF Value ₹1.24
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Reliance Communications Debt-to-Equity?

Reliance Communications's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0 Mil. Reliance Communications's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0 Mil. Reliance Communications's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ₹0 Mil.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Reliance Communications's Debt-to-Equity or its related term are showing as below:

NSE:RCOM' s Debt-to-Equity Range Over the Past 10 Years
Min: -11.62   Med: -0.59   Max: 16.97
Current: -0.46

During the past 13 years, the highest Debt-to-Equity Ratio of Reliance Communications was 16.97. The lowest was -11.62. And the median was -0.59.

NSE:RCOM's Debt-to-Equity is not ranked
in the Telecommunication Services industry.
Industry Median: 0.6 vs NSE:RCOM: -0.46

Reliance Communications  (NSE:RCOM) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Reliance Communications Debt-to-Equity Related Terms


Reliance Communications Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Reliance Communications's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Reliance Communications Debt-to-Equity Chart

Reliance Communications Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.75 -0.63 -0.58 -0.52 -0.46

Reliance Communications Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A -0.49 N/A -0.46 N/A

NSE:RCOM vs VZ, TMUS, T: Debt-to-Equity Comparison

For the Telecom Services subindustry, Reliance Communications's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Reliance Communications Debt-to-Equity vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Reliance Communications's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Reliance Communications's Debt-to-Equity falls into.


NSE:RCOM
40GF Score
Reliance Communications Ltd NSE:RCOM
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Reliance Communications Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Reliance Communications's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Reliance Communications's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Is Reliance Communications (NSE:RCOM) Overvalued in 2026?

Based on GuruFocus' analysis, Reliance Communications stock appears to be undervalued. The current stock price of ₹0.97 is trading 21.8% below its estimated GF Value™ of ₹1.24. GuruFocus considers Reliance Communications to be Modestly Undervalued.

Key valuation signals for NSE:RCOM:

  • Debt-to-Equity: N/A
  • GF Value™: ₹1.24 vs. price of ₹0.97 (21.8% below fair value)
  • GF Score™: 40/100 with 5 warning signs

No single metric tells the full story. See the NSE:RCOM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Reliance Communications Business Description

Other Exchanges 532712:India
Address H Block, 1st Floor, Thane Belapur Road, Dhirubhai Ambani Knowledge City, Navi Mumbai, MH, IND, 400710
Reliance Communications Ltd is a triple-play telecommunications company that provides mobile, voice, and broadband services in two segments: India Operations and Global Operations. The India Operations segment includes business voice, long-distance services, and broadband access to enterprise customers, and managed Internet data centre services. The Global Operations segment offers international data and network services, enterprise services, and data services to global customers. The company generates the majority of its revenue from India Operations.
40GF Score

Get the complete analysis for NSE:RCOM

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹0.97
Price
₹1.24
GF Value