Reliance Industries Ltd (RELIANCE)
₹2377.75▲2.25%
Key Stats
₹2311
Day's Price Range
₹2402
₹2180
52-Week Price Range
₹2856.15
| Returns | |
| 1 Month Return | -9.19 % |
| 3 Month Return | -3.47 % |
| 1 Year Return | -7.7 % |
Company Financials
Value in ₹ crore
Peer Comparsion
PE
Rank 3
23.38
EPS
Rank 1
₹99.44
BVPS
Rank 1
₹1152.23
Dividend Yield
Rank 4
0.35%
ROE
Rank 4
8.26%
Price To Book Ratio
Rank 4
2.01
Debt To Asset
Rank 4
0.47
Discover more
Company Information
Reliance Industries is Indias largest private sector company on all major financial parameters. In 2004 Reliance Industries RIL became the first Indian private sector organisation to be listed in the Fortune Global 500 list. The company operates worldclass manufacturing facilities across the country at Allahabad Barabanki Dahej Hazira Hoshiarpur Jamnagar Nagothane Nagpur Naroda Patalganga Silvassa and Vadodara. Reliance Industries activities span hydrocarbon exploration and production petroleum refining and marketing petrochemicals retail and telecommunications. The petrochemicals segment includes production and marketing operations of petrochemical products. The refining segment includes production and marketing operations of the petroleum products. The oil and gas segment includes exploration development and production of crude oil and natural gas. The other segment of the company includes textile retail business and special economic zone SEZ development. In the year 1966 the RIL was founded by Shri Dhirubhai H.Ambani it was started as a small textile manufacturer unit. In May 8 1973 RIL was incorporated and conformed their name as RIL in the year 1985. Over the years the company has transformed their business from manufacturing of textiles products into a petrochemical major. The company has set up a texturising / twisting facilities in 1979 RIL has also set up plants for Polyester Staple Fiber PSF in 1986 and for Linear Alkyl Benzene LAB Purified Terephthalic Acid PTA in 1988. RIL has setup a petrochemical facility to produce HDPE and PVC at Hazira Gujarat in technical collaboration with DuPont and BF Goodich respectively. The Hazira petrochemical plant was commissioned in 199192.In the year 199596 the company entered the telecom industry through a joint venture with NYNEX USA and promoted Reliance Telecom Private Limited in India. Reliance became the first corporate in Asia to issue bonds in the U.S at the year of 199697. The company commissioned an 80000 tonne bottle grade PET chip plant at Hazira manufacturing complex. Reliances PET chips has been accepted internationally due to their high quality during the year 199798 and in the same year Reliance Industries Planned to invest around Rs. 5000 crores USD 1250 million in building two worldscale plants at the site of the Jamnagar refinery in Gujarat. In 199899 RIL introduced packaged LPG in 15 kg cylinders under the brand name Reliance Gas. In 19992000 RIL commissioned the worlds largest 1.4 million tonnes per annum Paraxylene PX plant at its new integrated petrochemicals complex at Jamnagar which was planned at 199798. With the commissioning of the last crystallization train of the Paraxylene PX complex at Jamnagar in June 2017 RIL became the 2nd largest producer of PX globally. In 2000 Reliance commissioned the worlds largest grassroots refinery in Jamnagar in a record 36 months. The Jamnagar refinery processes a wide variety of crude oils and produces a range of petroleum products for exports as well as supply in the Indian market. Reliance Petroleum Limited RPL was amalgamated with Reliance Industries Ltd in the year 200203.In 200405 RIL acquired the polyester major Trevira GmbH headquartered in Frankfurt Germany which has the capacity of 130000 tonnes per annum of polyester staple fibers polyester filament yarns and polyester chips. In the year 2006 the company set up a new exportoriented refinery through its subsidiary Reliance Petroleum Limited RPL. In 2006 RIL entered the organised retail segment through Reliance Retail with its first Reliance Fresh store in Hyderabad. In 2017 Reliance Retail crossed 5 billion revenue mark. Reliance Retail has adopted a multiprong strategy and operates neighbourhood stores supermarkets hypermarkets wholesale cash carry stores specialty stores and online stores and has democratized access to all types of products and services across all segments for all Indian consumers. Reliance Retail operates over 3300 stores pan India with nearly 13 million square feet of retail space.In the year 2007 Indian Petrochemicals Corporation Limited IPCL merged with the company. Also Reliance Retail entered the organised retail market in India with the launch of its convenience store format under the brand name of Reliance Fresh. During the year the company commissioned their largest expansion project. The company expanded its polypropylene PP capacity by 280 KTA at Jamnagar that increased the combined capacity to 1710 KTA. During the year 200708 the company signed an agreement to certain polyester capacity assets of Hualon Malaysia. It took over the majority control of Gulf Africa Petroleum Corporation GAPCO and started shipping products to the East African markets. Also the company signed MoU with GAIL India Ltd to explore opportunities of setting up petrochemical plants in feedstock rich countries outside India. In April 2008 the company signed gas sales and purchase agreement GSPA with the customers in power sector for supply of natural gas to be produced from the KGD6 block.During the year Reliance Commercial Associates Ltd Reliance Neutraceuticals Pvt Ltd Reliance Pharmaceuticals India Pvt Ltd Reliance Petroinvestments Ltd Gull Africa Petroleum Corporation Mauritius Gapco Tanzania Ltd Gapoil Tanzania Ltd Gapco Kenya Ltd Gapco Uganda Ltd Gapco Rwanda SARL Gapoil Zanzibar Ltd Transenergy Kenya Ltd Recron Malaysia SDH BHD Peninsula Land Kenya Ltd Reliance International Exploration and Production INC Wavely Investments Ltd Reliance Digital Retail Ltd Reliance Lifestyle Holdings Ltd Reliance Universal Ventures Ltd Reliance Home Store Ltd Reliance Autozone Ltd Reliance Trade Services Centre Ltd Reliance Integrated Agri Solutions Ltd Reliance Agri Products Distribution Ltd Reliance Food Processing Solutions Ltd Reliance Supply Chain Solutions Ltd Reliance Digital Media Ltd Strategic Manpower Solutions Ltd Reliance Gems and Jewels Ltd Reliance Leisures Ltd Reliance Loyalty Analytics Ltd Reliance Retail Securities and Broking Company Ltd Delight Proteins Ltd Reliance FB Services Ltd Reliance Hypermart Ltd Reliance Financial Distribution and Advisory Services Ltd Reliance Retail Travel Forex Services Ltd Reliance Trends Ltd Reliance Wellness Ltd Reliance Brands Ltd Reliance Footprint Ltd Abcus Retail Pvt Ltd Bigdeal Retail Pvt Ltd Advantage Retail Pvt Ltd and RIL Australia PTY Ltd became subsidiaries of the company.During the year 200809 Reliance People Serve Ltd Reliance Infrastructure Management Services Ltd Reliance Global Business BV Reliance Gas Corporation Ltd Reliance Globalenergy Services Ltd Reliance One Enterprises Ltd Reliance Personal Electronics Ltd Reliance Global Energy Services Singapore Pte Ltd Reliance Polymers India Pvt Ltd Reliance Polyolefins Pvt Ltd Reliance Aromatics and Petrochemicals Pvt Ltd Reliance Energy and Project Development Pvt Ltd Reliance Chemicals Pvt Ltd Reliance Universal Enterprises Pvt Ltd International Oil Trading Ltd Reliance Nutritional Food Processors Pvt Ltd Reliance Review Cinema Pvt Ltd Reliance Replay Gaming Pvt Ltd RIL USA Inc. Reliance Commercial Land Infrastructure Pvt Ltd Reliance Corporate IT Park Ltd Reliance Eminent Trading Commercial Pvt Ltd Reliance Progressive Traders Pvt Ltd Reliance Prolific Traders Pvt Ltd Reliance Universal Traders Pvt Ltd Reliance Prolific Commercial Pvt Ltd Reliance Comtrade Pvt Ltd Reliance Ambit Trade Pvt Ltd Reliance Petro Marketing Pvt Ltd LPG Infrastructure India Pvt Ltd and Reliance Infosolution Pvt Ltd beaome subsidiaries of the company. Also Abcus Retail Pvt Ltd ceased to be a subsidiary of the company.During the year Reliance Petroleum Ltd RPL merged with the company with effect from April 1 2008. From April 2 2009 the company commenced production of hydrocarbons in its KGD6 block in the Krishna Godavari basin with the production of sweet crude of 420 API. In November 2009 the company discovered first oil exploration in the on land exploratory block CBONN2003/1 CB 10 AB awarded under the NELPV round of exploration bidding. In December 2009 the company discovered gas in the exploration block KGDWN2003/1 KGVD3 of NELPV. The deepwater block KGDWN2003/1 is located in the Krishna basin about 45 kilometers off the coast in the Bay of Bengal. In April 2010 the company commissioned a 1 MW solar Photo Voltaic power plant at Thyagaraj stadium in New Delhi. The power plant is expected to generate around 1.4 million units of electricity a year. It would cater to the power requirements of the stadium and the surplus would be fed to the grid at 11 KV. In addition the companys subsidiary Reliance Marcellus LLC executed definitive agreements to enter into a joint venture with United States based Atlas Energy Inc of Pittsburgh Pennsylvania under which Reliance will acquire a 40 interest in Atlas core Marcellus Shale acreage position.In June 2010 the company entered into an agreement to acquire asubstantial stake in Infotel Broadband Services P Ltd which emerged as asuccessful bidder in all the 22 circles of the auction for Broadband Wireless Access BWA Spectrum conducted by the DOT. The company sees the broadband opportunity as a new frontier of knowledge economy in which it can take a leadership position and provide India with an opportunity to bein forefront among the countries providing worldclass 4G network and services.In August 2010 the company through their subsidiary Reliance Industries Investment and Holding Pvt Ltd acquired the equity shares of EIH Ltd representing 14.12 from Oberoi Hotels Pvt Ltd and certain other promoters at a total cost of Rs 1021 crore.In December 2010 the company entered into a joint venture agreement with Russian petrochemical company SIBUR for the production of butyl rubber in India. The joint venture facility will have an initial capacity of 100000 tonnes of butyl rubber at the companys integrated refining cum petrochemical site in Jamnagar and is expected to be commissioned by 2013.In January 2011 the companys wholly owned subsidiary Reliance Ventures Ltd entered into an agreement with Infrastructure Leasing and Financial Services Ltd whereby ILFS will become a strategic partner and copromoter of a project which intends to develop a model economic township and other infrastructure facilities at Jhajjar in Haryana. In February 2011 the company entered into a strategic partnership with BP which comprises BP taking a 30 stake in 23 oil and gas production sharing contracts that the company operates in India for a consideration of USD 7.20 billion and the formation of a 50:50 joing venture between the two companies for the sourcing and marketing of gas in India. The joint venture will also endeavour to accelerate the creation of infrastructure for receiving transporting and marketing of natural gas in India. On 15 June 2017 RIL and BP announced that they are moving forward to develop the RSeries deep water gas fields in Block KGD6 off the east coast of India as first of three that are expected to be developed in an integrated manner producing from about 3 trillion cubic feet of discovered gas resources. In March 2011 the company and D E Shaw Group agreed to establish a joint venture to build a leading financial services business in India. This joint venture will incorporate the D E Shaw Groups investment and technology expertise with the companys operational knowledge and extensive presence across India to offer a comprehensive array of financial services to the Indian marketplace.In June 10 2011 the company and their associate Reliance Industrial Infrastructure Ltd entered into an agreement with Bharti Enterprises for acquiring Bhartis shareholding of 74 in Bharti Axa Life Insurance Co Ltd and Bharti Axa General Insurance Co Ltd. On completion of the proposed transaction the company and Reliance Industrial Infrastructure Ltd would effectively own 57 and 17 respectively in both insurance companies and would become Axas joint ventures partners in India.In September 2011 Reliance Security Solutions Ltd a subsidiary of the company Siemens Ltd signed an MoU to jointly develop Homeland Security Solutions for Highways in India. In November 2011 the company and BP incorporated India Gas Solutions Pvt Ltd a 50:50 joint venture company which will focus on global sourcing and marketing of natural gas in India. The joint venture company will also develop infrastructure to accelerate transportation and marketing of natural gas within the country. India Gas Solutions Pvt Ltd will be funded with equal equity from BP and RIL.In November 2011 AXA SA Bharti Reliance Industries Limited RIL and its associate Reliance Industrial Infrastructure Limited RIIL announced that they have mutually agreed to terminate their negotiations on the proposed acquisition by RIL and RIIL of Bhartis shareholding of 74 in Bharti AXA Life Insurance Co. Ltd and Bharti AXA General Insurance Co. Ltd.In February 2012 the company and SIBUR have agreed to form a joint venture named Reliance Sibur Elastomers Pvt Ltd to produce 100000 tons of butyl rubber per year in Jamnagar India. The joint venture will be the first manufacturer of butyl rubber in India and the fourth largest supplier of butyl rubber in the world.On 29 May 2014 RIL announced its entry into the digital space by way of acquisition of control in Network 18 Media Investments Limited NW18 including its subsidiary TV18 Broadcast. On 9 December 2014 RIL announced the formation of a joint venture with Shandong Ruyi Science and Technology Group Co. Ltd China Ruyi through its wholly owned subsidiary for RILs textiles business which operates under the Vimal brand.RILs wholly owned subsidiary Reliance Jio Infocomm announced the commencement of telecom services with Jio Welcome Offer in September 2016. In a short period of 170 days Jio crossed a milestone of 100 million customers on its all IP wireless broadband network.On 17 November 2016 RIL and GE announced the signing of a global partnership agreement in the Industrial IOT IIOT space to provide Industrial IOT solutions to customers in oil gas fertilizer power healthcare telecom and other industries. In September 2017 RIL won the bid to acquire the assets of Kemrock Industries Exports Limited of Vadodara Gujarat as a part of its efforts to enter the composites business. RIL participated in an online ebidding process held by Allahabad Bank being leader of the consortium of 11 banks to sell/dispose off the assets of Kemrock Industries Exports Limited.During the fiscal 2018 the company spent towards Capital Expenditure amounting to Rs 79253 crore. During the FY2018 Reliance Jio Infocomm Ltd successfully refinanced long term syndicated loans aggregating USD 1.5 billion. On 28 February 2018 TV18 Broadcast Limited TV18 a subsidiary of the Company increased its equity interest in Viacom18 Media Private Limited Viacom18 from 50 to 51 by acquiring in cash 1 of the equity shares held by MTV Asia Ventures India Pte. Ltd. Mauritius for Rs 130 crore and consequently obtained operational control over Viacom18. Accordingly TV18 has consolidated Viacom18 as subsidiary from 01 March 2018. Consequent to this acquisition lndiaCast Media Distribution Private Limited lndiaCast which was hitherto a Joint Venture of TV18 was accounted as subsidiary with effect from 01 March 2018.Pursuant to the sale agreement signed by Reliance Exploration Production DMCC REPDMCC wholly owned subsidiary of the Company for the sale of the entire 76 interest held by it in Gulf Africa Petroleum Corporation requisite regulatory approvals consents have been obtained and transaction successfully concluded.During the FY2018 the Company issued listed unsecured nonconvertible redeemable Debentures amounting to Rs 20000 crore in six tranches Series A B C D E and F. The Company also redeemed secured nonconvertible Debentures PPD 177 amounting to Rs 134 crore during the year.During the year the Company also issued 3.667 Senior Unsecured Notes amounting to US 800 million with 10 year maturity. The Company has issued and allotted 3080334238 equity shares to the eligible holders of equity shares on the book closure date i.e. 09 September 2017 as bonus equity shares by capitalizing reserves on 13 September 2017. The Company retained its domestic credit ratings of CRISIL AAA from CRISIL and IND AAA from India Rating and an investment grade rating for its international debt from Moodys as Baa2 and BBB from SP.During the FY2019 the company spent towards Capital Expenditure amounting to Rs 132445 crore.During FY 201819 Reliance Jio Infocomm Limited RJIL successfully tied up JPY 53.5 billion the largest Samurai loan for an Asian corporate and also for a telecom company. The loan was successfully syndicated to 9 local Japanese banks aggregating to JPY 19.5 billion thereby taking the total number of participating banks to 12. Additionally RJIL also tiedup term loan facilities aggregating to US1.5 billion.In June 2018 RJIL tied up US825 million and EUR 150 million Korea Trade Insurance Corporation KSure supported ECA financing with door to door tenor of over ten years. This transaction was the largest financing transaction globally in the telecom sector supported by KSure.The Board of Reliance Jio Infocomm Limited RJIL approved the demerger of its passive infrastructure tower and fiber assets into two separate SPVs. The scheme of the demerger was effective from 31 March 2019 post all requisite internal shareholder debt holder and regulatory approvals. The assets would be held by a separate SEBI registered Infrastructure Investment Trusts InvIT. The company won CIIs Excellent Energyefficient Unit award at the 19th National Award for Excellence in Energy Management 2018. Also won the Making India Energy Efficient award for the year 2018 at Future of Energy Management Summit Mumbai. The company also awarded Platinum Award at Grow Care India Safety Awards 2018.During the year 201819 the Company issued listed unsecured nonconvertible redeemable debentures amounting to Rs 19000 crore Paidup to the extent of Rs 17000 crore in five tranches Series G H lA IB and J. The Company also fully redeemed secured nonconvertible Debentures PPD 177 and PPD 179T3 amounting to Rs 503 crore.Pursuant to a Composite Scheme of Arrangement among Reliance Jio lnfocomm Ltd RJIL and Jio Digital Fibre Private Limited JDFPL and Reliance Jio lnfratel Private Limited RJIPL RJIL has demerged its optic fiber cable undertaking to JDFPL and transferred its tower infrastructure undertaking on a slump sale basis to RJIPL. JDFPL has Fair Valued its Assets through reputed International Valuer. Being shareholder of RJIL the Company received Equity Shares and Optionally Convertible Preference Shares OCPS of JDFPL pursuant to transfer of fibre business. Subsequently the Company sold its controlling equity stake in JDFPL to a SEBI registered infrastructure investment trust of which Reliance Industrial Investments and Holdings Limited a wholly owned subsidiary of the Company is the sponsor.Reliance Ethane Holding Pte. Ltd. REHPL a wholly owned subsidiary of the Company holds 100 controlling equity interest in 6 companies owning Very Large Ethane Carrier VLEC. REHPL has entered into a binding arrangement with Mitsui O.S.K. Lines Japan and another investor for investment by them in the 6 companies resulting in the 6 companies being jointly controlled by REHPL and Mitsui O.S.K. Lines Japan.Digital Media Distribution Trust of which Reliance Content Distribution Limited a whollyowned subsidiary of the Company is the sole beneficiary has through six SPVs 100 owned and controlled by it 1. acquired sole control of Den Networks Limited and made a total investment of about Rs. 2707 crore for acquiring 78.06 of the total equity share capital of Den Networks Limited through preferential issue share purchase and open offer 2. acquired sole control of Hathway Cable and Datacom Limited and made a total investment of about Rs. 4120 crore for acquiring 71.96 of the total equity share capital of Hathway Cable and Datacom Limited through preferential issue and open offer 3. acquired indirect control of GTPL Hathway Limited and made a total investment of about Rs. 42 crore for acquiring 4.48 of the total equity share capital of GTPL Hathway Limited in the open offer and acquired indirect control of Hathway Bhawani Cabletel and Datacom Limited.During the FY2020 the company spent towards Capital Expenditure amounting to Rs 77444 crore.During the fiscal 2020 The Board of Directors of the Company has approved the issue of equity shares of Rs 10/ each of the Company on rights basis to eligible equity shareholders of the Company at an issue price of Rs 1257/ per fully paidup equity share including a premium of Rs 1247/ per equity share. The Company has successfully completed the Rights Issue of Rs 53124 crore.Reliance awarded for exceptional presentation in UNIPOL PE Global Technology Conference 2019 in USA. DTA refinery was awarded India Manufacturing Excellence Award 2019 in High Platinum Category Future Ready Factory Award by Frost and Sullivan. Reliance won the 13th CII National Award for Excellence in Water Management 2019 in the heavy industry category. Reliance was declared Winner at 18th Annual Greentech Safety Award 2019 for persistent commitment in the field of safety. RIL was awarded the Golden Peacock Award for Corporate Social Responsibility 2019 for improving the livelihoods of farmers fisherfolk and livestock owners through information services. Dahej Manufacturing Division Silvassa Manufacturing Division and Hoshiarpur Manufacturing Division awarded Apex India Environment Excellence Award 2019 under Platinum Category. Reliance Retail has topped the list of 50 fastest growing retailers globally in Deloittes Global Powers of Retailing Report 2020. COVID19 is significantly impacting business operation of the companies by way of interruption in production supply chain disruption unavailability of personnel closure / lock down of production facilities etc. On 24th March 2020 the Government of India ordered a nationwide lockdown for 21 days which further got extended till 3rd May 2020 to prevent community spread of COVID19 in India resulting in significant reduction in economic activities. Pursuant to the Scheme of Arrangement amongst RJIL and certain class of its creditors approved by the Honble National Company Law Tribunal Ahmedabad bench vide order dated 13 March 2020 certain liabilities of Rs 104365 crore have stood transferred to RIL with an equal amount of consideration. The Commercial Papers listed of the Company outstanding as on 31 March 2020 are Rs 27709 crore. The total NonConvertible Debentures of the Company outstanding as on 31 March2020 are Rs 55599 crore out of which secured nonconvertible debentures are Rs 13886 crore.The total NonConvertible Debentures of the Company outstanding before netting off of prepaid finance charges as on 31 December 2020 are Rs 67580 crore out of which secured nonconvertible debentures are Rs 13351 crore.During the period April 2020 to December 2020 the Company has issued listed Unsecured NonConvertible Redeemable Debentures amounting to Rs 24955 crore in four tranches Series K L M and N on private placement basis and redeemed listed Unsecured NonConvertible Redeemable Debentures amounting to Rs 12000 crore Series B C E F PPD1 and PPD2 and listed secured NonConvertible Redeemable Debentures amounting to Rs 500 crore Series PPD 180 Tranche 1.During the quarter ended 31 December 2020 Reliance Retail Ventures Limited a subsidiary of the Company has raised funds to the extent of Rs 39765 crore by issuing equity shares to external investors.During the quarter ended 31 December 2020 Jio Platforms Limited JPL a subsidiary of the Company has raised funds to the extent of Rs 33737 crore by issuing equity shares to Google International LLC.
| Organisation | Reliance Industries Ltd |
| Headquarters | Mumbai |
| Industry | Refineries |