Reliance Infrastructure Limited, an infrastructure company, engages in the generation, transmission, and distribution of electrical power to residential, industrial, commercial, and other customers in India.
The last earnings update was 46 days ago.
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Reliance Infrastructure. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
is considered below, and whether this is a fair price.
Price based on past earnings
Reliance Infrastructure's earnings available for a low price, and how does
this compare to other companies in the same industry?
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Reliance Infrastructure has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected Electric Utilities industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Reliance Infrastructure's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Reliance Infrastructure's earnings growth to the Germany market average as no estimate data is available.
Unable to compare Reliance Infrastructure's revenue growth to the Germany market average as no estimate data is available.
Unable to determine if Reliance Infrastructure is high growth as no earnings estimate data is available.
Unable to determine if Reliance Infrastructure is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Reliance Infrastructure's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Reliance Infrastructure's finances.
The net worth of a company is the difference between its assets and liabilities.
Reliance Infrastructure's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
Reliance Infrastructure's cash and other short term assets cover its long term commitments.
This treemap shows a more detailed breakdown of
Reliance Infrastructure's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Low level of unsold assets.
Debt is covered by short term assets, assets are 1.3x debt.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. Punit Garg serves as Chief Executive Officer and Executive Director at Reliance Infrastructure Limited since April 6, 2019. He serves as Non-Executive Director at Reliance Communications Ltd. since April 5, 2019. He served as Chief Executive Officer at Reliance Communications Ltd. until April 5, 2019. Mr. Garg serves as President of Telecom Business at Reliance Communications Limited. Mr. Garg served as Chief Executive Officer of The NLD, ILD and Global Voice Business at Reliance Communications Ltd. since February 2014 and also served as President, Corporate Strategy and Regulatory Affairs and Member of Management Board. Mr. Garg served as President of NLD, ILD and Global Voice Business at Reliance Communications Ltd. Mr. Garg served as Regulatory & Compliance Chief at Reliance Communications Ltd. since December 2014. He served as the President and Chief Executive Officer of Global Enterprise Business Unit of Reliance Communications Ltd. Mr. Garg served as the Chief Executive Officer of Global Telecommunications Infrastructure Management Pte. Ltd., the Trustee-Manager of Global Telecommunications Infrastructure Trust (a/k/a, GTI Trust). Mr. Garg served as member of the Senior Management Team of Reliance Communications since inception. Mr. Garg served as the Chief Executive Officer and President of Reliance Globalcom Services, Inc. until January 2014. He has held a number of key leadership positions during his career in Reliance Communications. He served as the President & Chief Executive Officer of Reliance Globalcom Ltd. since April 2006 and January 2006 respectively. Mr. Garg was instrumental in setting up the Enterprise business in India, where he led planning and launch of fixed wireless phones, public call office and broadband. Mr. Garg successfully led RCOM’s global business to achieve enviable leadership position in the Managed Services and Enterprise Connectivity space in the U.S. and Europe through a string-of-pearls acquisition strategy by acquiring UK-based FLAG, US-headquartered Yipes and UK-headquartered Vanco. Mr. Garg served as the President of Flag Telecom Group Ltd. since April 2006 and also served as its Chief Executive Officer. Mr. Garg joined Reliance Infocomm in 2001 and was heading Reliance Infocomm's international business. Before joining Reliance Communications, Mr. Garg served as Managing Director of Lockheed Martin Global Telecom, responsible for Joint Ventures and Business Management for the South Asia Region. Mr. Garg has held senior executive positions in leading companies including COMSAT Max Ltd, Jet Airways India Ltd. and Equant N.V. (formerly Socie´te´ Internationale de Te´le´communications Ae´ronautiques). Mr. Garg serves as Executive Chairman of Reliance Commercial Co. Ltd. He has been Executive Director of Global Telecommunications Infrastructure Management Pte. Ltd. since April 10, 2012. He was Non Independent Executive Director of Reliance Communications Limited since October 02, 2017 until April 5, 2019. He serves as Director of Anupam Global Soft (U) Limited, Reliance Digital World Limited, Reliance Globalcom Limited, Reliance Globalcom Services, Inc., Reliance Vanco Group Limited, Reliance Wimax World BVI, Warf Telecom International Private Limited and Yipes Holdings, Inc. He served as Director of Reliance Data Exchange Private Limited. Mr. Garg has a Bachelor’s degree in Engineering from Delhi College of Engineering.
Insufficient data for Punit to compare compensation growth.
Insufficient data for Punit to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure
Average tenure of the
management team in years:
The average tenure for the Reliance Infrastructure management team is less than 2 years, this suggests a new team.
Chief Financial Officer
CEO & Executive Director
Company Secretary & Compliance Officer
Chief Executive Officer of EPC
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The tenure for the Reliance Infrastructure board of directors is about average.
Board of Directors
Non Executive Chairman
CEO & Executive Director
Non-Executive Vice Chairman
Who owns this company?
Recent Insider Trading
No 3 month open market individual insider trading information.
Reliance Infrastructure Limited, an infrastructure company, engages in the generation, transmission, and distribution of electrical power to residential, industrial, commercial, and other customers in India. It operates through three segments: Power; Engineering and Construction; and Infrastructure. The company owns and operates a 220 MW combined cycle power plant at Samalkot, a 48 MW combined cycle power plant at Mormugao, a 9.39 MW wind-farm at Chitradurga, and a 165 MW combined cycle power station at Kochi; distributes power in Delhi; and transmits power through its transmission networks in Himachal Pradesh, as well as trades in power. The company also provides integrated design, engineering, procurement, and project management services for coal-based thermal and gas-power projects, nuclear power projects, and metro rail and road projects; and development, operation, and maintenance of toll roads, metro rail transit systems, and airports. In addition, it is involved in the exploration and production of four coal bed methane blocks covering an area of 3,266 square kilometers in Madhya Pradesh, Andhra Pradesh, and Rajasthan; and an oil and gas block covering an area of 3,619 square kilometers in Mizoram. Further, the company engages in the manufacture of defense systems; and real estate and urban transport systems businesses. The company was incorporated in 1929 and is based in Mumbai, India.
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