Reliance Communications's quarterly market cap
declined
from Sep. 2025 (₹3,732 Mil) to Dec. 2025 (₹3,046 Mil) and
declined
from Dec. 2025 (₹3,046 Mil) to Mar. 2026 (₹2,086 Mil).
Reliance Communications's annual market cap
declined
from Mar. 2024 (₹4,665 Mil) to Mar. 2025 (₹3,869 Mil) and
declined
from Mar. 2025 (₹3,869 Mil) to Mar. 2026 (₹2,086 Mil).
Enterprise Value is 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 and cash equivalents. Reliance Communications's Enterprise Value for Today is ₹469,075 Mil.
Reliance Communications (NSE:RCOM) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Reliance Communications Market Cap Related Terms
Reliance Communications Market Cap Historical Data
* 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.
For the Telecom Services subindustry, Reliance Communications's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Reliance Communications's Market Cap distribution charts can be found below:
* The bar in red indicates where Reliance Communications's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Reliance Communications's Market Cap for the fiscal year 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.
Reliance Communications (NSE:RCOM) has a Market Cap of ₹2,525 Mil as of Jul. 03, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Reliance Communications and its competitors. According to the industry distribution chart, Reliance Communications ranks #301 out of 375 companies in the Telecommunication Services industry, placing it in the top 80.3%.
Is Reliance Communications' Market Cap too high?
Reliance Communications' current Market Cap is ₹2,525 Mil. Based on the distribution chart, Reliance Communications ranks #301 out of 375 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, Reliance Communications has a GF Score™ of 40/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Reliance Communications' Market Cap compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Reliance Communications ranks #301 out of 375 companies for Market Cap. This places Reliance Communications in the lower half of its industry. The industry median Market Cap is 480.39. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Telecommunication Services company?
The median Market Cap among Telecommunication Services companies is 480.39, based on 375 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Reliance Communications and its competitors. For the Telecommunication Services industry, the median Market Cap is 480.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reliance Communications's current Market Cap is ₹2,525 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reliance Communications stock overvalued right now?
Based on GuruFocus' analysis, Reliance Communications (NSE:RCOM) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1.28, compared to a current price of ₹0.91 — trading 28.9% below its estimated fair value. The current Market Cap is ₹2,525 Mil. Reliance Communications' overall GF Score™ is 40/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Reliance Communications (NSE:RCOM), the current Market Cap is ₹2,525 Mil as of Jul. 03, 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 Communications (NSE:RCOM) Overvalued in 2026?
Based on GuruFocus' analysis, Reliance Communications stock appears to be undervalued.
The current stock price of ₹0.91 is trading 28.9% below its estimated GF Value™ of ₹1.28.
GuruFocus considers Reliance Communications to be Modestly Undervalued.
Key valuation signals for NSE:RCOM:
Market Cap: ₹2,525 Mil
GF Value™: ₹1.28 vs. price of ₹0.91 (28.9% below fair value)
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 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
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