| Intrinsic Valuation of: RELIANCE | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2021 | - | - | EPS (FY) | 60 | Market Cap | ₹18,085B | |||||
| 2022 | - | - (-) | P/E Ratio | 22 | Total Asset | ₹21,781B | |||||
| 2023 | ₹-260B | - (-) | Net Income | ₹808B | Total Debt | ₹2,708B | |||||
| 2024 | ₹59B | 122.8% (122.2%) | EBITDA | ₹2,079B | Total Liab | ₹10,923B | |||||
| 2025 | ₹387B | 556.0% (512.7%) | Opr Margin | 11.47 | Debt/Equity | 0.25 | |||||
| 2026 | ₹692B | 78.6% (63.0%) | PreTax Margin | 8.91 | BV/Share | 358 | |||||
| 5Y Average FCF | ₹220B | 15.0% (232.6%) | |||||||||
| Overall Market Assumptions: | |||||||||||
| Assumptions: | P/E for No-Growth Company: | 7.0 | |||||||||
| Perpetual Growth Rate (g): | 2.48% | Historical US Bond Yield: | 4.40% | ||||||||
| Discount Rate (WACC): | 7.20% | Current US Bond Yield: | 3.48% | ||||||||
| Forcasting Future Free Cash Flow for next 6Y | Modified Benjamin Graham's Intrinsic Value | ||||||||||
| Year | FCF Projection (15.0%) | ||||||||||
| 2027 | ₹688B | MBG Intrinsic Value | ₹534 | ||||||||
| 2028 | ₹774B | ||||||||||
| 2029 | ₹851B | ||||||||||
| 2030 | ₹915B | ||||||||||
| 2031 | ₹961B | ||||||||||
| 2032 | ₹984B | ||||||||||
| Terminal Value | ₹21,353B | Net Worth/Share | ₹802 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹18,092B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹1,460B | ₹1,245 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹2,708B | WACC | 6.5% | 1,220 | 1,337 | 1,483 | 1,671 | 1,921 | |||
| Equity Value | ₹16,844B | 7.2% | 1,060 | 1,147 | 1,252 | 1,382 | 1,548 | ||||
| Shares Outstanding | 13,532,472,634 | 7.8% | 936 | 1,002 | 1,081 | 1,177 | 1,294 | ||||
| 8.5% | 834 | 886 | 947 | 1,019 | 1,105 | ||||||
| DCF Intrinsic Value | ₹1,245 | 9.2% | 751 | 793 | 841 | 897 | 963 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||