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Textile Spinning

RCML Reliance Cotton Spinning Mills Limited

Latest results: FY2025 · Jun 2025 Q2 FY2026 · Oct – Dec 2025

Valuation

Reliance Cotton Spinning Mills Limited (RCML) valuation

P/E · today
—
5-yr average2.4× Sector median7.8×
P/B · today
—
5-yr average0.45× Sector median0.54×
EV/EBITDA · today
—
5-yr average3.6× Sector median6.0×
Dividend yield · today
—
5-yr average1.0% Payers' median2.8%
P/E history P/E at fiscal year-end 5-year average
P/E history 7.5× 3.7× 0.0× P/E at fiscal year-end FY16: 6.9× P/E at fiscal year-end FY17: 5.9× P/E at fiscal year-end FY18: 4.6× P/E at fiscal year-end FY19: 2.9× P/E at fiscal year-end FY21: 1.5× P/E at fiscal year-end FY22: 1.3× P/E at fiscal year-end FY23: 4.5× P/E at fiscal year-end FY24: 3.1× P/E at fiscal year-end FY25: 1.6× FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25

Valuation history

At each fiscal year-end price.

RCML valuation history (annual) (Rs bn)
Rs bn FY2025 Jul 2024 – Jun 2025 FY2024 Jul 2023 – Jun 2024 FY2023 Jul 2022 – Jun 2023 FY2022 Jul 2021 – Jun 2022 FY2021 Jul 2020 – Jun 2021 FY2020 Jul 2019 – Jun 2020 FY2019 Jul 2018 – Jun 2019 FY2018 Jul 2017 – Jun 2018 FY2017 Jul 2016 – Jun 2017 FY2016 Jul 2015 – Jun 2016 FY2015 Jul 2014 – Jun 2015 FY2014 Jul 2013 – Jun 2014 FY2013 Jul 2012 – Jun 2013 FY2012 Jul 2011 – Jun 2012 FY2011 Jul 2010 – Jun 2011 FY2010 Jul 2009 – Jun 2010 FY2009 Jul 2008 – Jun 2009
Market capitalisation 4.8 4.6 5.4 4.0 2.0 1.3 1.5 1.6 1.3 0.8 1.0 0.9 0.5 0.2 0.3 0.2 0.2
Enterprise value 10.6 10.8 9.5 6.8 3.9 4.6 4.0 3.2 2.3 2.0 2.3 2.8 1.8 1.3 1.1 1.0 1.0
Share price (period end) Rs 451.53 451.55 524.01 385.57 193.70 — 146.00 159.59 131.11 82.20 92.87 86.90 52.31 22.90 27.36 19.81 24.00
P/E (diluted) 1.65× 3.11× 4.51× 1.30× 1.50× — 2.90× 4.59× 5.89× 6.94× 6.70× 7.12× 1.74× 3.28× 0.59× 1.48× 1.72×
Price to book 0.33× 0.43× 0.62× 0.54× 0.45× — 0.54× 0.68× 0.63× 0.43× 0.50× 0.49× 0.33× 0.18× 0.23× 0.26× 0.39×
Price to sales 0.27× 0.32× 0.49× 0.35× 0.26× — 0.28× 0.37× 0.38× 0.26× 0.24× 0.21× 0.14× 0.09× 0.11× 0.12× 0.16×
EV / EBITDA 4.32× 4.44× 5.81× 1.99× 2.35× 5.31× 5.02× 5.45× 5.70× 5.85× 5.71× 7.67× 3.36× 4.54× 1.87× 3.42× 3.93×
EV / Sales 0.59× 0.74× 0.86× 0.59× 0.51× 0.77× 0.74× 0.72× 0.65× 0.63× 0.58× 0.67× 0.48× 0.49× 0.44× 0.56× 0.63×
Dividend yield (gross) 0.9% 0.9% 1.4% 1.3% 0.0% — 4.5% 0.9% 3.8% 6.1% 1.6% 2.3% 2.4% 10.9% 7.3% 7.6% 4.2%
Free cash flow yield (6.5%) 23.3% (13.3%) (20.7%) 73.9% — (61.8%) (34.3%) 14.4% 22.1% 58.2% (71.5%) (47.9%) (73.7%) (26.0%) (25.2%) (21.5%)
PEG ratio 0.02× 0.12× (0.07×) 0.01× 0.01× — 0.07× 0.08× 0.07× (0.48×) 0.49× (0.12×) 0.01× (0.04×) 0.00× (0.35×) —
P/E (diluted, normalised) 1.65× 3.11× 4.51× 1.30× 1.50× — 2.90× 4.59× 5.89× 6.94× 6.70× 7.12× 1.74× 3.28× 0.59× 1.48× 1.72×
Price to book — 5-year average 0.45× — — — — — 0.56× 0.55× 0.48× 0.40× 0.37× 0.32× 0.27× — — — —
EV / EBITDA — 5-year average 3.58× 3.55× 3.43× 3.07× 4.17× 5.38× 5.45× 6.00× 5.46× 5.28× 4.25× 3.86× 3.15× — — — —
Dividend yield — 5-year average 1.0% — — — — — 3.2% 2.7% 3.3% 3.6% 3.3% 4.4% 5.6% — — — —

RCML valuation: frequently asked questions

What is RCML's book value per share?

Reliance Cotton Spinning Mills Limited's book value per share was Rs 1,382.60 at the end of FY2025.

Information only, not investment advice.