Reliance Infrastructure (NSE:RELINFRA) Enterprise Value: ₹158,424 Mil (As of Jul. 18, 2026) ***

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NSE:RELINFRA Reliance Infrastructure Ltd NSE:RELINFRA
59 GF Score
Price ₹66.44
GF Value ₹170.52
Valuation Possible Value Trap
! 5 Warning Signs
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What is Reliance Infrastructure Enterprise Value?

Reliance Infrastructure NSE:RELINFRA 59 Enterprise Value is ₹158,424 Mil as of Jul. 18, 2026. GuruFocus rates NSE:RELINFRA with a GF Score™ of 59/100 and a GF Value™ of ₹170.52 (Possible Value Trap). The stock has 5 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Reliance Infrastructure's Enterprise Value is ₹158,424 Mil. Reliance Infrastructure's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹59,393 Mil. Therefore, Reliance Infrastructure's EV-to-EBIT ratio for today is 2.67.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Reliance Infrastructure's Enterprise Value is ₹158,424 Mil. Reliance Infrastructure's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ₹74,052 Mil. Therefore, Reliance Infrastructure's EV-to-EBITDA ratio for today is 2.14.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Reliance Infrastructure's Enterprise Value is ₹158,424 Mil. Reliance Infrastructure's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was ₹204,405 Mil. Therefore, Reliance Infrastructure's EV-to-Revenue ratio for today is 0.78.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Reliance Infrastructure's Enterprise Value is ₹158,424 Mil. Reliance Infrastructure's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil. Therefore, Reliance Infrastructure's EV-to-OCF ratio for today is .

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Reliance Infrastructure's Enterprise Value is ₹158,424 Mil. Reliance Infrastructure's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil. Therefore, Reliance Infrastructure's EV-to-FCF ratio for today is .

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Reliance Infrastructure  (NSE:RELINFRA) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Reliance Infrastructure's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=158423.786/59393.1
=2.67

Reliance Infrastructure's current Enterprise Value is ₹158,424 Mil.
Reliance Infrastructure's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹59,393 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Reliance Infrastructure's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=158423.786/74051.7
=2.14

Reliance Infrastructure's current Enterprise Value is ₹158,424 Mil.
Reliance Infrastructure's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹74,052 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Reliance Infrastructure's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=158423.786/204405.3
=0.78

Reliance Infrastructure's current Enterprise Value is ₹158,424 Mil.
Reliance Infrastructure's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹204,405 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Reliance Infrastructure's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=158423.786/0
=

Reliance Infrastructure's current Enterprise Value is ₹158,424 Mil.
Reliance Infrastructure's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Reliance Infrastructure's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=158423.786/0
=

Reliance Infrastructure's current Enterprise Value is ₹158,424 Mil.
Reliance Infrastructure's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.

* 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 Enterprise Value Related Terms


Reliance Infrastructure Enterprise Value Historical Data

* Premium members only.

The historical data trend for Reliance Infrastructure's Enterprise Value 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 Enterprise Value Chart

Reliance Infrastructure Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 183,578.34 196,526.50 227,799.97 231,972.73 158,533.98

Reliance Infrastructure Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value 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 231,972.73 167,211.35 221,678.02 67,162.10 158,533.98

NSE:RELINFRA vs CEG, VST, NRG: Enterprise Value Comparison

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

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

* The bar in red indicates where Reliance Infrastructure's Enterprise Value falls into.


NSE:RELINFRA
59GF Score
Reliance Infrastructure Ltd NSE:RELINFRA
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Reliance Infrastructure Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Reliance Infrastructure's Enterprise Value for the fiscal year that ended in Mar. 2026 is calculated as

Reliance Infrastructure's Enterprise Value for the quarter that ended in Mar. 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.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of ₹158,424 Mil mean?
Reliance Infrastructure (NSE:RELINFRA) has a Enterprise Value of ₹158,424 Mil as of Jul. 18, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Reliance Infrastructure and its competitors.
Is Reliance Infrastructure's Enterprise Value too high?
Reliance Infrastructure's current Enterprise Value is ₹158,424 Mil. Overall, Reliance Infrastructure has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Reliance Infrastructure's Enterprise Value compare to CEG and VST?
Reliance Infrastructure's Enterprise Value of ₹158,424 Mil can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for an Utilities - Independent Power Producers company?
A good Enterprise Value depends on the Utilities - Independent Power Producers industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Reliance Infrastructure and its competitors. Reliance Infrastructure's current Enterprise Value is ₹158,424 Mil. 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 ₹170.52, compared to a current price of ₹66.44 — trading 61% below its estimated fair value. The current Enterprise Value is ₹158,424 Mil. Reliance Infrastructure's overall GF Score™ is 59/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Reliance Infrastructure (NSE:RELINFRA), the current Enterprise Value is ₹158,424 Mil as of Jul. 18, 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 ₹66.44 is trading 61% below its estimated GF Value™ of ₹170.52. GuruFocus considers Reliance Infrastructure to be Possible Value Trap.

Key valuation signals for NSE:RELINFRA:

  • Enterprise Value: ₹158,424 Mil
  • GF Value™: ₹170.52 vs. price of ₹66.44 (61% below fair value)
  • GF Score™: 59/100 with 5 warning signs

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.
59GF Score

Get the complete analysis for NSE:RELINFRA

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

₹66.44
Price
₹170.52
GF Value