AnnouncementAug 2026
Aug 2026 · Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 26 Aug - ED attachment of ₹581.65 crore RCom properties confirmed by PMLA authority on 25 Aug 2026.
Source: Bse
Reliance Communications Limited (RCOM)
Small CapTelecom stocks · Small cap · NSE
Reliance Communications Limited operates in Telecom Services, within the Telecom sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 21 Oct, 03:31 pm ISTDetails
Quote21 Oct, 03:31 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result22 Aug, 08:12 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage10/14 · 71%
Valuation2026-07-20 · Rf 6.8% · Telecom P/E 28.1 (n=16)
Technical timing lens
Trend score and candlestick chart
33BearishSMA20 -1.9% / mo · MACD − · near 52W low
Stock trend: 33
Sector RS: —
Telecom FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
RCOMD candles · FIT view-19.6%Latest close ₹0.78 on 2026-10-21
Bar
-4.9%
RSI
32
MACD hist
-0.01
52W pos
4%
2026-10-21O ₹0.82H ₹0.82L ₹0.78C ₹0.78Vol 37.1L sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
RCOMNifty TelecommunicationsNifty 500
- RCOM
- -8.2%
- Nifty 500
- -6.5%
- Nifty Telecommunications
- +1.0%
- Vs Nifty 500
- -1.7 pp
Chart stats
21 Oct 2026- From 52W high
- -46.6%
- 52W range position
- 4%
- ATR (14)
- 4.0%
- Volume vs 20D
- 1.29x
- Avg traded value
- ₹0.2 Cr
- 20D price channel
- ₹0.8 - ₹1
₹1.5
₹0.8 - ₹1.5
₹0
Latest completed session
20-session average
34.0% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is weak.
Suggested next step
Check latest quarters
Result consistency is weak; verify whether the thesis is improving or deteriorating.
U-Score
Legacy · OVERVALUED25
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Bad0
Revenue -10.8% · PAT NDF YoY
Technical
Bearish33
Price trend and sector-relative-strength timing.
Valuation
Legacy model—
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence65
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Bad · 0/100Rev -11% YoY · margin expansion
Filed 22 Aug 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹74 Cr | -10.8% | -8.6% |
| EBITDA | ₹20 Cr | +1100.0% | +119.0% |
| Operating margin | 27.0% | +2940 bps | +15700 bps |
| PAT | ₹-809 Cr | NDF | NDF |
| PAT margin | -1093.2% | +199110 bps | +273022 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- —
- P/B
- —
- EV/EBITDA
- —
- Market Cap
- 235.00Cr
Profitability
- ROE
- —
- ROCE
- —
- ROA
- -25.80%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- -16.00%
- EPS 5Y
- 14.00%
- Revenue 3Y
- -13.00%
- EPS 3Y
- 26.00%
Balance Sheet
- Debt/Equity
- 0.00
- Interest Coverage
- -3.89×
- Altman Z
- -1.41
- Book Value
- -371.00
Cash Flow
- FCF Yield
- 14.04%
- FCF Positive Y
- 8/5
- OCF
- -14.00 Cr
- EPS TTM
- -33.91
Shareholding
- Promoter Hold
- 0.78%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 13%
Financial History
Updated 21/10/2026
Revenue
₹ CrLatest: 74.0-8.6% vs prev
Net Profit
₹ CrLatest: -809+73.9% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Bearish setupTrend is weak — long-term trend down. RSI 32.
- Price below SMA200 (long-term downtrend) — short-term bounces likely countertrend.
- SMA20 falling (~2.0% over last month) — short-term momentum negative.
- RSI(14) at 32 — falling, no extreme reading.
- MACD below signal, histogram expanding negatively — bearish momentum building.
- Within 5% of 52-week low — testing support.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
18
RS percentile
Stage 1 Base / Transition
1M return
-14.3%
3M return
-8.2%
6M return
-22.0%
1Y return
-42.6%
RS 1D
-1
RS 20D
-11
Sector rank
#3
Industry rank
#29
Stage evidence
- Price is 12.4% below the 30-week proxy without full trend alignment.
- The 30-week proxy changed -0.4% over 20 sessions.
- The moving-average structure does not confirm Stage 2 or Stage 4.
50-DMA
price below
200-DMA
price below
Sector
leading
Industry
improving
Relative-strength line vs Nifty 500 (base 100)
262 observations
21 Oct 2026Value 58.43-2.81%
RS vs Nifty 50058
Valuation & peers
U-Score 25 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 25 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
OVERVALUED
Fundamental score breakdown
U band · OVERVALUEDValuation2/30
Growth13/25
Quality0/20
Balance Sheet4/15
Cash Flow7/10
Piotroski
4/9 (+1)
Penalties
-2
Raw sum
25
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
25/100 · legacy band OVERVALUED
Positive drivers
- FCF yield is supportive at 14.0%.
- Cash flow contributes 7/10 to the score.
- Growth contributes 13/25 to the score.
Main drags
- Altman Z is -1.4, in distress territory.
- Penalty bucket subtracts 2 points.
- Quality is weaker at 0/20; verify the latest quarterly trend.
Sector valuation model
Telecom valuation: EV/EBITDA against ARPU, debt, and capex
Telecom needs enterprise-value and cash-flow framing because leverage is structurally important.
Primary lens
EV/EBITDA and debt-adjusted cash generation.
Secondary checks
ARPU growth, subscriber quality, spectrum liabilities, capex intensity.
Main risk check
High EBITDA can still be weak equity value if debt and capex absorb cash.
PE
—
PB
—
EV/EBITDA
—
ROE
—
ROCE
—
FCF Yield
14.0%
Debt/Equity
0.0
MoS
—
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
25
Previous: 25
Legacy U-Score band
OVERVALUED
Previous: OVERVALUED
Margin of safety
—
No stored baseline yet
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
25
25
25
25
25
25
25
25
25
25
25
25
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
—
Growth-justified P/E
42.1
Growth-justified Value
—
— MoS
PEG
—
Comparable companies
Peers
Business-comparable peers in Telecom — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
ACCORD
SME
Accord Synergy Ltd.
Telecom Services
match 79
5
84.8
6.0%
-680%
OVERVALUED
MTNL
Small
Mahanagar Telephone Nigam Limited
Telecom Services
match 75
16
—
—
—
OVERVALUED
HPTL
SME
HP Telecom India Ltd.
Telecom Services
match 74
57
19.6
28.9%
+53%
FAIR VALUE
TTML
Large
Tata Teleservices (Maharashtra) Limited
Telecom Services
match 69
32
—
—
-1304%
WATCHLIST
TATACOMM
Mid
Tata Communications Limited
Telecom Services
match 69
37
41.0
32.6%
-710%
WATCHLIST
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Reliance Communications Limited operates in Telecom Services, within the Telecom sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
65Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 45th percentile of the scored universe and 50th percentile within Telecom. Main check: results consistency is weak at 33/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
0 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
45th percentile
overall median 67 · Telecom: 50th pctile, median 66 · Small: 50th pctile, median 66
Evidence depth
Financial-only
0 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
66
acceptable · holding, pledge, alignment
Cash flow
74
acceptable · profit to cash conversion
Balance sheet
80
strong · leverage and solvency
Discipline
60
acceptable · capital discipline
Results
33
weak · quarterly consistency
Trust positives
- ▸Promoter pledge is zero.
- ▸FCF yield is 14.7%.
- ▸8 years of positive FCF.
- ▸Debt/equity is 0.00.
Trust risks
- ▸Operating cash flow is negative at ₹-14 Cr.
- ▸Promoter holding is only 0.8%.
- ▸0/4 latest quarters had positive YoY revenue growth.
- ▸OPM spread across recent quarters is 157%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Reliance Communications Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
AnnouncementJul 2026
Jul 2026 · Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 10 Sep - Supreme Court dismissed review petitions on July 28, 2026, impacting Reliance Communications and RTL resolution plans.
Source: Bse
Annual report
Annual Report 2025
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.