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Reliance Industries Stock Fundamental Analysis - Financial Results & Equity Research | Investyadnya Stock-o-Meter

Reliance Industries

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About

Reliance Industries is an Indian multinational company incorporated in 1973 by Dhirubhai Ambani and is headquartered in Mumbai, India. Reliance Industries Ltd has diversified into several segments like energy, petrochemical, natural gas, retail, telecommunication, media and textile. Reliance industries is the most profitable company in India, the largest listed company by market capitalization and by revenue. Revenue Breakup – Oil-to-chemical business add 60% of the revenue, retail 28%, Digital service add 5%, other streams add 7%. Reliance Industries is led by Mr Mukesh Ambani.   

Highlights

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Relaince Group

Sector: Refineries

Market Price

2,529.50

Market Cap(₹Cr.)

2,529.50

-90.00

Quarterly Results ( Figures in Rs. Crores.)

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Shareholders more than 1%

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Overview

The Reliance Group, founded by Dhirubhai H. Ambani, is India's largest private sector enterprise, with businesses in the energy and materials value chain. The flagship company, Reliance Industries, is a Fortune Global 500 company and is the largest private sector company in India. Dhirubhai Ambani founded Reliance as a textile company and led its evolution as a global leader in the materials and energy value chain businesses. It was in 1957 when he returned to India after a stint with a Besse& Co., Aden he started yarn trading business from a small 500 sq.ft. office in Masjid Bunder, Mumbai. He set up his brand new mill in Naroda, Gujarat. In 1996 Reliance went on to become the biggest textile brand ‘Only Vimal’.

Reliance enjoys global leadership in its businesses, being the largest polyester yarn and fibre producer in the world and among the top five to ten producers in the world in major petrochemical products. Starting as a small textile company, Reliance has in its journey crossed several milestones to become a Fortune 500 company in less than 3 decades. The company operates world-class manufacturing facilities across the country at Allahabad, Barabanki, Dahej, Dhenkanal, Hazira, Hoshiarpur, Jamnagar, Kurkumbh, Nagothane, Nagpur, Naroda, Patalganga, Silvassa and Vadodara. It is India’s largest and most profitable private sector company. its motto ‘Growth is Life’ aptly captures the ever-evolving spirit of Reliance. In just over four decades, the company has emerged as one of India’s most valuable, stakeholder-centric organisations, building valuable assets for India and innovating for a better future for all Indians.

Business area of the company

Reliance Industries is India’s largest private sector company. Its activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, advanced materials and composites, renewables (solar and hydrogen), retail and digital services. It became one of the first businesses to manage a fully integrated Oil-to-Chemicals (O2C) portfolio. Its O2C business includes world-class assets comprising refinery, crackers, and downstream assets that are deeply and uniquely integrated, supported by best-in-class logistics and supply chain infrastructure. Its Retail business is the relentless commitment to serve customers at scale while working in close partnership with a broader ecosystem of merchants and producers, small-scale manufacturers, vendors, kirana store owners, and global companies, to create an inclusive growth platform for shared prosperity.

Business segments of company:

Oil and Gas Exploration & Production: Its quest to secure India’s energy needs led it to explore and discover Oil & Gas fields in deep-sea waters. In 2002-2003, it made a significant deep-sea discovery of gas reserves in the Krishna Godavari basin-the KG D6 Block. 

Retail: Reliance Retail, the largest and most successful retailer in India, has adopted a multichannel strategy through an integrated network of physical stores, digital commerce, and new commerce platforms to serve its customers across diverse consumption baskets. This ensures that Reliance Retail operates at an unparalleled and unmatched scale in the Indian retail industry.

Refining & Marketing: The Jamnagar refinery complex was commissioned in a record 30 months, redefining the timelines for project completion of such scale. Presently, Reliance is recognised as among the top companies in the world in project management. The Jamnagar refinery complex houses some of the world's largest units, such as the Fluidised Catalytic Cracker (FCC), Coker, Alkylation, Paraxylene, Polypropylene, Refinery Off-Gas Cracker (ROGC) and Petcoke gasification plants.

Textiles: From its plant at Naroda, the company spearheaded the manufacturing and marketing of the most iconic brand in the history of textiles in India: 'Vimal'. its manufacturing division at Naroda houses one of the largest and most modern textile complexes in the world, an achievement recognised by The World Bank. Through Vimal, the company brought in a new era in fabrics. Vimal became not only a flagship brand of Reliance but also one of the most trusted brands in the country. It is also the first major retail chain in the country.

Polymers: The company offers a wide range of grades for diverse applications across sectors such as packaging, agriculture, automotive, housing, healthcare, water and gas transportation, and consumer durables. Its products are exported to many countries.

Polyesters: The company is one of the largest producers of polyester fibre and yarn in the world. Having invested significant amounts on R&D in the polyester sector, Its Reliance Technology Centre, Reliance Testing Centre and Reliance Fibre Application Centre constantly develop and introduce innovative products for the textile industry.

Fibre Intermediates: Its fibre intermediates sector comprises the Purified Terephthalic Acid (PTA), Ethylene Glycols (EG) & Ethylene Oxide (EO) businesses.

Aromatics: Aromatics are cyclic unsaturated hydrocarbons containing one or more Benzene rings. Aromatics is one of the major product lines of its Petrochemicals sector.

Elastomers: The company produces synthetic rubber under the brand names Relflex and Reliance Sibur Elastomers Pvt Ltd.

Reliance Composites Solutions: the company entered the composites business in 2017. This is part of its efforts to bring value-added, new-age materials to its downstream manufacturers and help them establish a leadership position for India in this large and globally growing market.

Digital Services-Jio: Reliance Jio was launched in 2016 to empower every Indian with affordable access to a digital life - a gateway to the world -enabled with the world’s best digital technologies. Presently, Jio has not only ushered in a digital revolution across India, in how Indians connect to the world, but also in how India will go on to shape the digital future.

Reliance Bioenergy: Since its inception in 2023, Reliance Bioenergy has rapidly emerged as India's largest bioenergy producer. At the forefront of transforming waste into energy, it is pioneering a circular economy approach to achieving net carbon zero at Reliance.

Media & Entertainment: The company is one of India’s largest media houses, with an omni-channel presence, bringing authentic news and wholesome entertainment to diverse Indian audiences.

Awards
  • 2010: Ranked second amongst BCG’s ten top global ‘Sustainable Value Creators’.
  • 2010: Reliance E&P's KG-D6 won Marico Innovation Foundation’s Innovation for India Award for combined synthesis of advanced technologies, extreme engineering, innovative execution, yielding unprecedented results and impact on India's energy security.
  • 2012: Jamnagar Refinery listed among the world’s top five manufacturing units by Discovery Channel.
  • 2012: Certified as 'Responsible Care Company' by the American Chemistry Council.
  • 2013: Ranked 25th on ICIS Top 100 Chemical Companies list.
  • 2013: Ranked 107th on the Fortune Global 500 list.
  • 2015: Winner of the Platts Global Energy Award for Corporate Social Responsibility.
  • 2016: Winner of the Confederation of Indian Industries’ ‘Sustainable Plus Platinum Award’.
  • 2018: Reliance Jio ranked India’s 1 and world’s 17 Most Innovative Company by Fast Company.
  • 2019: RIL ranked 1 in Fortune India 500 and 106 in Fortune Global 500 list.
  • 2019: RIL ranked 71 in Forbes Global 2000 list, retaining No. 1 Indian Company tag.
  • 2020: RIL is Great Place to Work - Certified by the Great Place to Work Institute.
  • 2020: RIL named among 'World's Best Employers 2020' by Forbes.
  • 2021: RIL is Great Place to Work certified by the Great Place to Work Institute. 
  • 2021: RIL is top-ranked Indian company in the Fortune Global 500 list of ‘World’s Largest Companies’ for 3rd consecutive time.
  • 2021: RIL is top-ranked Indian company on Forbes' ‘World's Best Employers 2021’ list; among ‘World’s Best Employers’ for 2020.
  • 2022: RIL recognised among BW Businessworld's 'India's Most Sustainable Companies'.
  • 2022: RIL ranks among LinkedIn's 'Top 25 best workplaces to grow your career in India'.
  • 2022: RIL ranks 53 in Forbes Global 2000.
  • 2022: RIL recognised by AmbitionBox among the top 25 ‘Best Places to Work in India’ in the 'Mega Companies category'.
  • 2022: RIL’s most visible corporate in media, topping Wizikey’s ‘Newsmakers Rankings 2022’.
  • 2023: RIL receives ‘SHRM HR Excellence Award 2023’ for Excellence in Leveraging HR Technology.
  • 2023: RIL ranks among LinkedIn's 'Top 25 Best Workplaces to Grow Your Career in India'.
  • 2023: RIL is named ‘Most Respected Company’ in India by BW Businessworld.
  • 2024: RIL among the ‘Top 25 Dream Companies for 2024’ by Unstop.
  • 2024: RIL among Great Place to Work’s top 50 ‘India's Best Workplaces in Manufacturing 2024’
  • 2025: RIL retains 1 position on the ‘2024 Burgundy Private Hurun India 500’ list of most valuable companies.
  • 2025: RIL ranks 45 in Forbes Global 2000; retains position as top-ranked Indian company on the list.
  • 2025: RIL is Great Place to Work certified for the 5th consecutive year.

Milestones

  • 1957: Starts a yarn trading business from a small 500 sq. ft. office in Masjid Bunder, Mumbai.
  • 1977: Reliance Textile Industries’ IPO creates history by introducing the equity cult in India. The issue is oversubscribed seven times, strengthening Reliance’s growth ambitions.
  • 1985: Total Assets cross Rs 1,000 crore. 
  • 1986: Reliance started PTA plant at Patalganga.
  • 1986: Reliance commissioned Polyester Staple Fibre (PSF) plant at Patalganga.
  • 1988: Sales cross Rs 1,000 crore mark (Sales for the year Rs 1,778 crore). 
  • 1987: Reliance commenced the Linear Alkyl Benzene (LAB) plant at Patalganga.
  • 1991: Reliance commissioned phase-I of Hazira Petrochemicals Complex - consolidated its position in polyesters and entered into attractive polymers business - started VCM and PVC plants.
  • 1992: Set a record with Reliance Twin issues that received over 1 million investor applications.
  • 1992: Offered the first ever Euro Issue of Global Depository Receipts by an Indian company
  • 1993: India's largest public offering - Reliance Petroleum Issue.
  • 1993: Offered the first Euro Convertible bond issue
  • 1994: Offered the second Euro issue of GDR. 
  • 1996: Reliance became the first private sector company to be rated by international credit rating agencies.
  • 1996: S&P rated BB+, stable outlook, constrained by the Sovereign Ceiling. Moody's rated Baa3, Investment grade, constrained by the Sovereign Ceilings.
  • 1996: Net profit crossed the Rs 1,000 crore mark (Rs 1,065 crores or $ 338 million), unparalleled in the Indian Private sector.
  • 1997: First corporate in Asia to issue 50 and 100 years bond in US debt market.
  • 1998: Total Assets cross Rs 35,000 crore (Rs 35,445 crore) and Revenues cross Rs 14,000 crore (Rs 14,115 crore). 
  • 2000: Group profits cross Rs 2,500 crore mark, Revenues cross Rs 20,000 crore mark (Rs 21,541 crore) and Total assets cross Rs 50,000 crore (Rs 52,094 crore).
  • 2001: RPL raises $750 million syndicated loan - deal named capital market deal of the year by IFR Asia.
  • 2001: Group revenues cross Rs 60,000 crore (Rs 60,160 crore), Reliance becomes largest business group in India.
  • 2001: RIL and RPL become India's two largest companies in terms of all major financial parameters.
  • 2002: RIL - First Indian private sector company to record Net Profit of over Rs 1,000 crore in one quarter.
  • 2002: Reliance among ten most creditworthy companies in Asia.
  • 2002: Reliance Completes Acquisition of IPCL.
  • 2003: RIL - First Indian private sector company to record net profit of over Rs 4,000 crore in one financial year.
  • 2004: Reliance signs EUR 116.2 million Export Credit Agency (ECA) backed Buyer's Credit Facility provided by Deutsche Bank. RIL avails an ECA cover for the first time in 22 years.
  • 2004: Reliance emerges as India's Greenest private sector company amongst the private sector with an overall rank of number two in a BT - ACNielsen ORG-MARG survey of shareholder perception published in Business Today's October issue.
  • 2004: Reliance Industries concludes re-pricing of $687.50 million Syndicated Term Loan facilities.
  • 2004: Reliance Group emerges as India's Largest Wealth Creator in the private sector for the Year 2003-04.
  • 2005: Launches $348 Million Syndicated Term Loan Facility. Aims To Replace Existing High Cost Loans.
  • 2005: Reliance Successfully Closes $350 Million Multi Currency Term Loan.
  • 2006: RIL places $300 million in US Private Placement Market. First ever Indian company to raise money through this route.
  • 2006: RIL declares Dividend of 100%. Payout of Rs 1,393 Crore, Highest In Private Sector.
  • 2006: RPL a subsidiary of RIL completes its $1.2 billion Initial Public Offering of equity shares with an overwhelming response across different classes of investors. Chevron to Purchase 5% Stake in RPL for $300 Million. Option to Increase Stake to 29%.
  • 2007: Revenue crossed Rs 100,000 crore mark (Rs 118,354 crore, $27 billion), Net Profit crossed Rs 10,000 crore mark (Rs 11,943 crore, $2.75 billion) and Total Assets crossed Rs 100,000 crore mark (Rs 117,353 crore, $27 billion), unparalleled in the Indian Private sector.
  • 2007: Exports crossed Rs 60,000 crore mark (Rs 66,627 crore, $15 billion), 12% of India's total exports.
  • 2007: RIL declares Dividend of 110%. Payout of Rs 1,440 Crore, highest in the Indian Private Sector.
  • 2008: Revenue crossed Rs 130,000 crore mark (Rs 139,269 crore, $34.7 billion), Net Profit crossed Rs 15,000 crore mark (Rs 19,458 crore, $4.9 billion) and Total Assets crossed Rs 140,000 crore mark (Rs 149,839 crore, $37.3 billion), unparalleled in the Indian Private sector.
  • 2008: Exports crossed Rs 80,000 crore mark (Rs 83,492 crore, $20.8 billion), 13.4% of India's total exports.
  • 2008: RIL declares Dividend of 130%. Payout of Rs 1,631 crore, highest in the Indian Private Sector.
  • 2009: Total Assets crossed Rs 2,00,000 crore mark (Rs 2,45,706 crore, $48.44 billion), Net worth crossed Rs 1,00,000 crore mark (Rs 1,26,373 crore, $24.92 billion), unparalleled in the Indian Private sector.
  • 2009: RIL declares Dividend of 130%. Payout of Rs 1,897 crore, one of the highest in the Indian Private Sector.
  • 2010: Revenue crossed Rs 2,00,000 crore mark (Rs 2,00,400 crore, $44.6 billion), Net Profit crossed Rs 16,000 crore mark (Rs 16,236 crore, $3.6 billion) and Total Assets crossed Rs 2,50,000 crore mark (Rs 2,51,006 crore, $55.9 billion), unparalleled in the Indian Private sector.
  • 2010: Exports crossed Rs 1,00,000 crore mark (Rs 1,10,176 crore, $24.5 billion), 14.5% of India's total exports.
  • 2010: RIL declares Dividend of 70%. Payout of Rs 2,084 crore, one of the highest in the Indian Private Sector.
  • 2011: Revenue crossed Rs 2,50,000 crore mark (Rs 2,58,651 crore, $58.0 billion), Net Profit crossed Rs 20,000 crore mark (Rs 20,286 crore, $4.5 billion) and Total Assets crossed Rs 2,80,000 crore mark (Rs 2,84,719 crore, $63.8 billion), unparalleled in the Indian Private sector.
  • 2011: Exports crossed Rs 1,40,000 crore mark (Rs 1,46,667 crore, $32.9 billion), 13.4% of India's total exports.
  • 2011: RIL declares Dividend of 80%. Payout of Rs 2,385 crore, one of the highest in the Indian Private Sector.
  • 2012: RIL’s Revenues for FY 2011-12 were Rs 339,792 crore ($66.8 billion), Net Profit was Rs 20,040 crore ($3.9 billion), Networth was Rs 166,096 crore and Total Assets were Rs 295,140 crore, unparalleled in the Indian Private Sector.
  • 2012: Exports for FY 2011-12 were Rs 208,042 crore ($40.9 billion), 14% of India’s total exports.
  • 2012: RIL declared Dividend of 85%. Payout of Rs 2,941 crore, one of the highest in the Indian Private Sector.
  • 2012: Reliance Holding USA Inc., a wholly-owned subsidiary of RIL raised $1.0 billion through the issuance of 5.4%, 10-year Guaranteed Senior Notes in February 2012.
  • 2013: RIL’s Revenues for FY 2012-13 were Rs 371,119 crore ($68.4 billion), Net Profit was Rs 21,003 crore ($3.9 billion), Networth was Rs 176,766 crore and Total Assets were Rs 318,511 crore, unparalleled in the Indian Private Sector.
  • 2013: Exports for FY 2012-13 were Rs 239,226 crore ($44.1 billion), 14% of India’s total exports.
  • 2013: RIL declared Dividend of 90%. Payout of Rs 3,092 crore, one of the highest in the Indian Private Sector.
  • 2013: During the year, RIL signed $ 4.5 billion equivalent facilities, backed by Export Credit Agencies.
  • 2014: Reliance Retail becomes the largest retailer by revenue in 2014, fulfilling the aspirations of millions across the country and bringing international experiences at affordable prices to every corner of India.
  • 2014-2017: Acquired Network18.
  • 2014-2017: Polyester expansion commissioned (PFY, PET, PTA and PX).
  • 2014-2017: Elastomers (PBR,SBR) commissioned.
  • 2014-2017: Ethane project commissioned.
  • 2014-2017: Acquired spectrum in 800/1800 MHz band.
  • 2014-2017: Launch of Jio, fastest to reach 100 million subscribers.
  • 2014-2017: Commenced CBM production.
  • 2014-2017: ROGC & Gasification mechanically complete.
  • 2014-2017: Jamnagar SEZ refinery wins British Safety Council's Globe of Honour Award.
  • 2014-2017: RIL recognised among top best companies to work in India - Business Today.
  • 2019: Reliance becomes the first Indian company to cross Rs 10 trillion market capitalisation.
  • 2020: RIL Chairman and Managing Director Mukesh D. Ambani announces target of making Reliance net-zero carbon by 2035.
  • 2021: Reliance announces the $10 billion New Energy business to bridge the green energy divide in India and globally.
  • 2021: Reliance begins work on developing the Dhirubhai Ambani Green Energy Giga Complex on 5,000 acres in Jamnagar, which will be amongst the largest such integrated renewable energy manufacturing facilities in the world.
  • 2022: Jio announces the launch of Jio True 5G-the world’s most advanced standalone 5G service.
  • 2023: Jio Financial Services forms JV with BlackRock to deliver digital financial solutions for India.
Brands Of Reliance Industries

Brands Of Reliance Industries

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