Reliance Infrastructure (NSE:RELINFRA) Shareholder Yield % : 38.03% (As of Mar. 2026) — 61% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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:RELINFRA Reliance Infrastructure Ltd NSE:RELINFRA
54 GF Score
Price ₹63.19
GF Value ₹166.97
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Reliance Infrastructure Shareholder Yield %?

Reliance Infrastructure NSE:RELINFRA 54 Shareholder Yield % is 38.03% as of Mar. 2026, which is 61% above its 10-year median of 23.69. GuruFocus rates NSE:RELINFRA with a GF Score™ of 54/100 and a GF Value™ of ₹166.97 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 431 Utilities - Independent Power Producers companies, Reliance Infrastructure ranks better than 93.74% on this metric.

Shareholder Yield % is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. It is a measure of shareholder return. As of today, Reliance Infrastructure's Shareholder Yield % was 38.03%.


Reliance Infrastructure  (NSE:RELINFRA) Shareholder Yield % Explanation

Shareholder Yield % is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. The term was coined by William W. Priest of Epoch Investment Partners in a paper in 2005 entitled The Case for Shareholder Yield as a Dominant Driver of Future Equity Returns. William Priest indicated that "shareholder yield is a term that we came up with to reflect the various ways dividends can be paid to owners of a business in a publicly-traded company."

Shareholder Yield % is calculated by three components: Dividend Yield %, Buyback Yield %, and Net Debt Paydown Yield %.

Dividend Yield % shows how much a company pays out in dividends each year relative to its stock price, which is most obvious form of shareholder return.

Buyback Yield % is the net repurchase of shares outstanding over the market capital of the company. Shares repurchases also increase shareholder value by returning the money back to shareholders.

Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced.


Reliance Infrastructure Shareholder Yield % Related Terms


Reliance Infrastructure Shareholder Yield % Historical Data

* Premium members only.

The historical data trend for Reliance Infrastructure's Shareholder Yield % 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 Shareholder Yield % Chart

Reliance Infrastructure Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Shareholder Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -38.86 19.94 14.41 29.86 35.96

Reliance Infrastructure Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shareholder Yield % 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 29.86 22.60 22.94 33.71 35.96

NSE:RELINFRA vs CEG, VST, NRG: Shareholder Yield % Comparison

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

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

* The bar in red indicates where Reliance Infrastructure's Shareholder Yield % falls into.


NSE:RELINFRA
54GF Score
Reliance Infrastructure Ltd NSE:RELINFRA
Shareholder Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Reliance Infrastructure Shareholder Yield % Calculation

Reliance Infrastructure's Shareholder Yield % for the quarter that ended in Mar. 2026 is calculated as:

Shareholder Yield %=Dividend Yield %+Buyback Yield %+Net Debt Paydown Yield %
=0.00 %+-8.19 %+44.36 %
=36.17 %

* 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.

* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Shareholder Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.

Frequently Asked Questions Learn more about Shareholder Yield % →
What does a Shareholder Yield % of 38.03% mean?
Reliance Infrastructure (NSE:RELINFRA) has a Shareholder Yield % of 38.03% as of Mar. 2026. Shareholder Yield is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. View historical data on Reliance Infrastructure and its competitors. This is 61% above median its historical median of 23.69. According to the industry distribution chart, Reliance Infrastructure ranks #27 out of 431 companies in the Utilities - Independent Power Producers industry, placing it in the top 6.3%.
Is Reliance Infrastructure's Shareholder Yield % too high?
Reliance Infrastructure's current Shareholder Yield % of 38.03% is 61% above median its 10-year median of 23.69. Based on the distribution chart, Reliance Infrastructure ranks #27 out of 431 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. 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 Shareholder Yield % compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Reliance Infrastructure ranks #27 out of 431 companies for Shareholder Yield %. This places Reliance Infrastructure in the top 6% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shareholder Yield % for an Utilities - Independent Power Producers company?
A good Shareholder Yield % depends on the Utilities - Independent Power Producers industry context. However, Shareholder Yield % 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 Shareholder Yield % mean?
A high Shareholder Yield % can signal that a stock is expensive relative to its fundamentals. Shareholder Yield is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. View historical data on Reliance Infrastructure and its competitors. Reliance Infrastructure's current Shareholder Yield % is 38.03%, which is 61% above median its own 10-year median of 23.69. 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 ₹166.97, compared to a current price of ₹63.19 — trading 62.2% below its estimated fair value. The current Shareholder Yield % is 38.03%, which is 61% above median its 10-year median of 23.69. 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 Shareholder Yield % calculated?
Shareholder Yield % is calculated from a company's financial statements. For Reliance Infrastructure (NSE:RELINFRA), the current Shareholder Yield % is 38.03% 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 ₹63.19 is trading 62.2% below its estimated GF Value™ of ₹166.97. GuruFocus considers Reliance Infrastructure to be Possible Value Trap.

Key valuation signals for NSE:RELINFRA:

  • Shareholder Yield %: 38.03% (61% above median its 10-year median of 23.69)
  • GF Value™: ₹166.97 vs. price of ₹63.19 (62.2% below fair value)
  • GF Score™: 54/100 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.
54GF Score

Get the complete analysis for NSE:RELINFRA

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

₹63.19
Price
₹166.97
GF Value