Stress Testing Reliance Industries in Excel: What Will Happen When Things Go Wrong?
Most investors look at RIL’s Rs. 10.5 lakh crore revenue and assume the company is untouchable. But when I ran it through a structured Excel-based stress test, the results were genuinely surprising. A mere 5% fall in revenue, combined with a 3% rise in costs, caused RIL’s net profit to collapse by 90% and free cash flow to turn deeply negative. I am going to show you exactly how I did this analysis, step by step, with real numbers. [Downloadable Excel Template is available for subscribers].
