Reliance Industries (FRA:RLI) FCF Margin %: 0.00% (As of Mar. 2026)


FRA:RLI Reliance Industries Ltd FRA:RLI
91 GF Score
Price €48.60
GF Value €57.96
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Reliance Industries FCF Margin %?

Reliance Industries FRA:RLI +0.62% 91 FCF Margin % is 0.00% as of Mar. 2026. GuruFocus rates FRA:RLI with a GF Score™ of 91/100 and a GF Value™ of €57.96 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 906 Oil & Gas companies, Reliance Industries ranks better than 60.49% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Reliance Industries's Free Cash Flow for the three months ended in Mar. 2026 was €0 Mil. Reliance Industries's Revenue for the three months ended in Mar. 2026 was €27,404 Mil. Therefore, Reliance Industries's FCF Margin % for the quarter that ended in Mar. 2026 was 0.00%.

As of today, Reliance Industries's current FCF Yield % is 3.88%.

The historical rank and industry rank for Reliance Industries's FCF Margin % or its related term are showing as below:

FRA:RLI' s FCF Margin % Range Over the Past 10 Years
Min: -16.89   Med: 0.01   Max: 6.55
Current: 6.34


During the past 13 years, the highest FCF Margin % of Reliance Industries was 6.55%. The lowest was -16.89%. And the median was 0.01%.

FRA:RLI's FCF Margin % is ranked better than
60.49% of 906 companies
in the Oil & Gas industry
Industry Median: 3.285 vs FRA:RLI: 6.34


Reliance Industries FCF Margin % Related Terms


Reliance Industries FCF Margin % Historical Data

* Premium members only.

The historical data trend for Reliance Industries's FCF 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 Industries FCF Margin % Chart

Reliance Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.51 -2.96 0.66 4.02 6.55

Reliance Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF 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 0.00 0.00 0.00 0.00 0.00

FRA:RLI vs VLO, MPC, PSX: FCF Margin % Comparison

For the Oil & Gas Refining & Marketing subindustry, Reliance Industries's FCF Margin %, along with its competitors' market caps and FCF 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 Industries FCF Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Reliance Industries's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Reliance Industries's FCF Margin % falls into.


FRA:RLI
91GF Score
Reliance Industries Ltd FRA:RLI
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Reliance Industries FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Reliance Industries's FCF Margin for the fiscal year that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=6448.671/98525.336
=6.55 %

Reliance Industries's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=0/27404.22
=0.00 %

* 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 FCF Margin % →
What does a FCF Margin % of 0.00% mean?
Reliance Industries (FRA:RLI) has a FCF Margin % of 0.00% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Reliance Industries and its competitors. According to the industry distribution chart, Reliance Industries ranks #358 out of 906 companies in the Oil & Gas industry, placing it in the top 39.5%.
Is Reliance Industries' FCF Margin % too high?
Reliance Industries' current FCF Margin % is 0.00%. Based on the distribution chart, Reliance Industries ranks #358 out of 906 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Reliance Industries has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Reliance Industries' FCF Margin % compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Reliance Industries ranks #358 out of 906 companies for FCF Margin %. This puts Reliance Industries in the upper half of its industry. The industry median FCF Margin % is 3.29. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for an Oil & Gas company?
The median FCF Margin % among Oil & Gas companies is 3.29, based on 906 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Reliance Industries and its competitors. For the Oil & Gas industry, the median FCF Margin % is 3.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reliance Industries's current FCF Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reliance Industries stock overvalued right now?
Based on GuruFocus' analysis, Reliance Industries (FRA:RLI) is currently considered Modestly Undervalued. The stock's GF Value™ is €57.96, compared to a current price of €48.60 — trading 16.1% below its estimated fair value. The current FCF Margin % is 0.00%. Reliance Industries' overall GF Score™ is 91/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Reliance Industries (FRA:RLI), the current FCF Margin % is 0.00% 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 Industries (FRA:RLI) Overvalued in 2026?

Based on GuruFocus' analysis, Reliance Industries stock appears to be undervalued. The current stock price of €48.60 is trading 16.1% below its estimated GF Value™ of €57.96. GuruFocus considers Reliance Industries to be Modestly Undervalued.

Key valuation signals for FRA:RLI:

  • FCF Margin %: 0.00%
  • GF Value™: €57.96 vs. price of €48.60 (16.1% below fair value)
  • GF Score™: 91/100 with 2 warning signs

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


Reliance Industries Business Description

Industry EnergyOil & Gas
Address 222, Nariman Point, 3rd Floor, Maker Chambers IV, Mumbai, MH, IND, 400021
Reliance Industries Ltd is engaged in hydrocarbon exploration and production, refining and marketing, petrochemicals, financial services, retail, and communications. The company has five principal operating and reporting segments: Oil to Chemicals (O2C), Oil and Gas, Retail, Digital Services, and other services. Reliance's refineries produce a range of petroleum products that find use as fuel variants, feedstock, and fuel for power and cement plants. Fuels produced in refineries are exported to several countries and can be processed into any grade of gasoline or diesel. The Oil to Chemicals segment, which derives the majority of revenue, includes Refining, Petrochemicals, fuel retailing through Reliance BP Mobility Limited, aviation fuel, and bulk wholesale marketing.
91GF Score

Get the complete analysis for FRA:RLI

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

€48.60
Price
€57.96
GF Value