| Intrinsic Valuation of: RELIANCE | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 51 | Market Cap | ₹20,683B | |||||
| 2021 | - | - (-) | P/E Ratio | 30 | Total Asset | ₹19,501B | |||||
| 2022 | ₹105B | - (-) | Net Income | ₹696B | Total Debt | ₹2,369B | |||||
| 2023 | ₹-260B | -347.0% (-295.8%) | EBITDA | ₹1,834B | Total Liab | ₹9,405B | |||||
| 2024 | ₹59B | 122.8% (122.2%) | Opr Margin | 0.12 | Debt/Equity | 0.23 | |||||
| 2025 | ₹387B | 556.0% (512.7%) | PreTax Margin | 9.13 | BV/Share | 321 | |||||
| 5Y Average FCF | ₹73B | 110.6% (113.0%) | |||||||||
| Overall Market Assumptions: | |||||||||||
| Assumptions: | P/E for No-Growth Company: | 7.0 | |||||||||
| Perpetual Growth Rate (g): | 2.5% | Historical US Bond Yield: | 4.4% | ||||||||
| Discount Rate (WACC): | 7.4% | Current US Bond Yield: | 3.5% | ||||||||
| Forcasting Future Free Cash Flow for next 6Y | Modified Benjamin Graham's Intrinsic Value | ||||||||||
| Year | FCF Projection (25.0%) | ||||||||||
| 2026 | ₹484B | MBG Intrinsic Value | ₹460 | ||||||||
| 2027 | ₹605B | ||||||||||
| 2028 | ₹757B | ||||||||||
| 2029 | ₹946B | ||||||||||
| 2030 | ₹1,182B | ||||||||||
| 2031 | ₹1,478B | ||||||||||
| Terminal Value | ₹30,722B | Net Worth/Share | ₹746 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹24,067B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹1,065B | ₹1,682 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹2,369B | WACC | 7.3% | 1,450 | 1,573 | 1,722 | 1,906 | 2,137 | |||
| Equity Value | ₹22,763B | 7.4% | 1,435 | 1,556 | 1,702 | 1,881 | 2,106 | ||||
| Shares Outstanding | 13,532,499,968 | 7.4% | 1,421 | 1,540 | 1,682 | 1,857 | 2,076 | ||||
| 7.9% | 1,290 | 1,388 | 1,504 | 1,643 | 1,814 | ||||||
| DCF Intrinsic Value | ₹1,682 | 8.4% | 1,179 | 1,260 | 1,356 | 1,469 | 1,605 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||