Reliance Infrastructure (NSE:RELINFRA) EBITDA Margin %: 46.31% (As of Mar. 2026) — 91% Above Median


NSE:RELINFRA Reliance Infrastructure Ltd NSE:RELINFRA
54 GF Score
Price ₹73.61
GF Value ₹171.22
Valuation Possible Value Trap
! 5 Warning Signs
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What is Reliance Infrastructure EBITDA Margin %?

Reliance Infrastructure NSE:RELINFRA 54 EBITDA Margin % is 46.31% as of Mar. 2026, which is 91% above its 10-year median of 24.20. GuruFocus rates NSE:RELINFRA with a GF Score™ of 54/100 and a GF Value™ of ₹171.22 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 418 Utilities - Independent Power Producers companies, Reliance Infrastructure ranks better than 58.61% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Reliance Infrastructure's EBITDA for the three months ended in Mar. 2026 was ₹18,531 Mil. Reliance Infrastructure's Revenue for the three months ended in Mar. 2026 was ₹40,013 Mil. Therefore, Reliance Infrastructure's EBITDA margin for the quarter that ended in Mar. 2026 was 46.31%.


Reliance Infrastructure  (NSE:RELINFRA) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Reliance Infrastructure EBITDA Margin % Related Terms


Reliance Infrastructure EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Reliance Infrastructure's EBITDA Margin % 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 Infrastructure EBITDA Margin % Chart

Reliance Infrastructure Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.40 5.62 13.97 49.55 36.77

Reliance Infrastructure Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBITDA Margin % 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 218.20 18.14 53.87 26.12 46.31

NSE:RELINFRA vs CEG, VST, NRG: EBITDA Margin % Comparison

For the Utilities - Independent Power Producers subindustry, Reliance Infrastructure's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % 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 Infrastructure EBITDA Margin % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Reliance Infrastructure's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Reliance Infrastructure's EBITDA Margin % falls into.


NSE:RELINFRA
54GF Score
Reliance Infrastructure Ltd NSE:RELINFRA
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Reliance Infrastructure EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Reliance Infrastructure's EBITDA Margin % for the fiscal year that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=75153.7/204405.3
=36.77 %

Reliance Infrastructure's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=18531.2/40012.8
=46.31 %

* 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.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 46.31% mean?
Reliance Infrastructure (NSE:RELINFRA) has a EBITDA Margin % of 46.31% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Reliance Infrastructure and its competitors. This is 91% above median its historical median of 24.20. According to the industry distribution chart, Reliance Infrastructure ranks #173 out of 418 companies in the Utilities - Independent Power Producers industry, placing it in the top 41.4%.
Is Reliance Infrastructure's EBITDA Margin % too high?
Reliance Infrastructure's current EBITDA Margin % of 46.31% is 91% above median its 10-year median of 24.20. The Utilities - Independent Power Producers industry median EBITDA Margin % is 27.77. Reliance Infrastructure's value of 46.31% is 66.8% above this industry median. Based on the distribution chart, Reliance Infrastructure ranks #173 out of 418 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Reliance Infrastructure has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Reliance Infrastructure's EBITDA Margin % compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Reliance Infrastructure ranks #173 out of 418 companies for EBITDA Margin %. This puts Reliance Infrastructure in the upper half of its industry. The industry median EBITDA Margin % is 27.77. Reliance Infrastructure's value of 46.31% is 66.8% above this benchmark. While the company's 10-year median is 24.20 vs. the industry median of 27.77, Reliance Infrastructure has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for an Utilities - Independent Power Producers company?
The median EBITDA Margin % among Utilities - Independent Power Producers companies is 27.77, based on 418 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Reliance Infrastructure's current EBITDA Margin % of 46.31% is 66.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Reliance Infrastructure and its competitors. For the Utilities - Independent Power Producers industry, the median EBITDA Margin % is 27.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reliance Infrastructure's current EBITDA Margin % is 46.31%, which is 91% above median its own 10-year median of 24.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reliance Infrastructure stock overvalued right now?
Based on GuruFocus' analysis, Reliance Infrastructure (NSE:RELINFRA) is currently considered Possible Value Trap. The stock's GF Value™ is ₹171.22, compared to a current price of ₹73.61 — trading 57% below its estimated fair value. The current EBITDA Margin % is 46.31%, which is 91% above median its 10-year median of 24.20 and 66.8% above the Utilities - Independent Power Producers industry median of 27.77. Reliance Infrastructure's overall GF Score™ is 54/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Reliance Infrastructure (NSE:RELINFRA), the current EBITDA Margin % is 46.31% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Reliance Infrastructure (NSE:RELINFRA) Overvalued in 2026?

Based on GuruFocus' analysis, Reliance Infrastructure stock appears to be undervalued. The current stock price of ₹73.61 is trading 57% below its estimated GF Value™ of ₹171.22. GuruFocus considers Reliance Infrastructure to be Possible Value Trap.

Key valuation signals for NSE:RELINFRA:

  • EBITDA Margin %: 46.31% (91% above median its 10-year median of 24.20)
  • GF Value™: ₹171.22 vs. price of ₹73.61 (57% below fair value)
  • GF Score™: 54/100 with 5 warning signs
  • Industry Position: 66.8% above the Utilities - Independent Power Producers median (#173 of 418)

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


Reliance Infrastructure Business Description

Other Exchanges 500390:India
Address 19, Walchand Hirachand Marg, Reliance Centre, Ground Floor, Ballard Estate, Mumbai, MH, IND, 400001
Reliance Infrastructure Ltd is an Indian company operating in the country's utilities and infrastructure sectors. The company segments its activities into Power, Engineering and Construction (E&C), and Infrastructure. The company's key revenue is derived from electricity sales and transmission charges issued by its Power division. This unit is involved in the generation, transmission, distribution, and trading of energy in India.
54GF Score

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EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹73.61
Price
₹171.22
GF Value