Reliance Communications (NSE:RCOM) Scaled Net Operating Assets: N/A (As of Mar. 2026)


NSE:RCOM Reliance Communications Ltd NSE:RCOM
49 GF Score
Price ₹0.90
GF Value ₹1.28
Valuation Possible Value Trap
! 5 Warning Signs
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What is Reliance Communications Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Reliance Communications's operating assets for the quarter that ended in Mar. 2026 was ₹357,840 Mil. Reliance Communications's operating liabilities for the quarter that ended in Mar. 2026 was ₹916,940 Mil. Reliance Communications's Total Assets for the quarter that ended in Dec. 2025 was ₹0 Mil. Therefore, Reliance Communications's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was N/A.


Reliance Communications Scaled Net Operating Assets Historical Data

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The historical data trend for Reliance Communications's Scaled Net Operating Assets 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 Communications Scaled Net Operating Assets Chart

Reliance Communications Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.33 -0.59 -0.96 -1.22 -1.54

Reliance Communications Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets 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

NSE:RCOM vs TMUS, VZ, T: Scaled Net Operating Assets Comparison

For the Telecom Services subindustry, Reliance Communications's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Reliance Communications's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Reliance Communications's Scaled Net Operating Assets falls into.


NSE:RCOM
49GF Score
Reliance Communications Ltd NSE:RCOM
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Reliance Communications Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Reliance Communications's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(357840-916940)/364250
=-1.53

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=363360 - 5520
=357840

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1389060 - 4110 - 468010
=916940

Reliance Communications's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(357840-916940)/0
=N/A

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=363360 - 5520
=357840

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1389060 - 4110 - 468010
=916940

* 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.

Is Reliance Communications (NSE:RCOM) Overvalued in 2026?

Based on GuruFocus' analysis, Reliance Communications stock appears to be undervalued. The current stock price of ₹0.90 is trading 29.7% below its estimated GF Value™ of ₹1.28. GuruFocus considers Reliance Communications to be Possible Value Trap.

Key valuation signals for NSE:RCOM:

  • Scaled Net Operating Assets: N/A
  • GF Value™: ₹1.28 vs. price of ₹0.90 (29.7% below fair value)
  • GF Score™: 49/100 with 5 warning signs

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 Business Description

Other Exchanges 532712:India
Address H Block, 1st Floor, Thane Belapur Road, Dhirubhai Ambani Knowledge City, Navi Mumbai, MH, IND, 400710
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.
49GF Score

Get the complete analysis for NSE:RCOM

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

₹0.90
Price
₹1.28
GF Value