Reliance Industries Ltd
RELIANCEReliance Industries Ltd
RELIANCEPrice Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
24.91 | 1.86 | 0.39% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
11.85 | 1.54 | 2.17% |
Forecast & Ratings
Detailed Forecast from 36 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Reliance Industries Limited is engaged in refining, manufacturing of refined petroleum products, petrochemicals, including manufacturing of basic chemicals, fertilizers and nitrogen compounds, plastic and synthetic rubber in primary forms.
Investor Presentation
View olderPeers
Compare with peersIndian Oil Corporation Ltd
Bharat Petroleum Corporation Ltd
Hindustan Petroleum Corp Ltd
Mangalore Refinery and Petrochemicals Ltd
Chennai Petroleum Corporation Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Lakh cr.
All values in ₹ Lakh cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 2,86,288.00 | 3,14,717.00 | 4,01,685.00 | 5,77,698.00 | 6,10,806.00 | 5,05,153.00 | 7,15,734.00 | 8,90,011.00 | 9,17,508.00 | 9,57,445.00 | ||||||||||
Raw Materials | 1,86,254.00 | 2,17,518.00 | 2,76,076.00 | 3,99,167.00 | 4,10,288.00 | 3,01,765.00 | 4,94,449.00 | 6,18,746.00 | 5,90,226.00 | 7,75,710.00 | ||||||||||
Power & Fuel Cost | 10,741.00 | 11,251.00 | 14,569.00 | 17,029.00 | 15,098.00 | 13,214.00 | 17,902.00 | 25,062.00 | 22,137.00 | |||||||||||
Employee Cost | 7,407.00 | 8,388.00 | 9,523.00 | 12,488.00 | 14,075.00 | 14,817.00 | 18,758.00 | 24,872.00 | 25,679.00 | |||||||||||
Selling & Administrative Expenses | 18,808.00 | 18,520.00 | 29,111.00 | 50,221.00 | 62,622.00 | 56,154.00 | 63,513.00 | 67,369.00 | 77,292.00 | |||||||||||
Operating & Other expenses | 9,085.00 | 3,511.00 | -1,778.00 | 6,137.00 | 10,887.00 | 15,981.00 | -7,069.00 | -376.00 | 23,497.00 | |||||||||||
EBITDA | 53,993.00 | 55,529.00 | 74,184.00 | 92,656.00 | 97,836.00 | 1,03,222.00 | 1,28,181.00 | 1,54,338.00 | 1,78,677.00 | 1,81,735.00 | ||||||||||
Depreciation/Amortization | 11,565.00 | 11,646.00 | 16,706.00 | 20,934.00 | 22,203.00 | 26,572.00 | 29,782.00 | 40,303.00 | 50,832.00 | 53,226.00 | ||||||||||
PBIT | 42,428.00 | 43,883.00 | 57,478.00 | 71,722.00 | 75,633.00 | 76,650.00 | 98,399.00 | 1,14,035.00 | 1,27,845.00 | 1,28,509.00 | ||||||||||
Interest & Other Items | 3,691.00 | 3,849.00 | 8,052.00 | 16,495.00 | 22,027.00 | 21,189.00 | 14,584.00 | 19,571.00 | 23,118.00 | 23,875.00 | ||||||||||
PBT | 38,737.00 | 40,034.00 | 49,426.00 | 55,227.00 | 53,606.00 | 55,461.00 | 83,815.00 | 94,464.00 | 1,04,727.00 | 1,04,634.00 | ||||||||||
Taxes & Other Items | 8,992.00 | 10,133.00 | 13,351.00 | 15,639.00 | 14,252.00 | 6,333.00 | 23,110.00 | 27,762.00 | 35,106.00 | 35,442.00 | ||||||||||
Net Income | 29,745.00 | 29,901.00 | 36,075.00 | 39,588.00 | 39,354.00 | 49,128.00 | 60,705.00 | 66,702.00 | 69,621.00 | 69,192.00 | ||||||||||
EPS | 22.70 | 22.76 | 27.40 | 30.05 | 28.86 | 33.89 | 40.74 | 44.75 | 48.96 | 51.13 | ||||||||||
DPS | 2.36 | 2.47 | 2.70 | 2.92 | 2.92 | 3.18 | 3.63 | 4.09 | 5.00 | 5.00 | ||||||||||
Payout ratio | 0.10 | 0.11 | 0.10 | 0.10 | 0.10 | 0.09 | 0.09 | 0.09 | 0.10 | 0.10 |
Company Updates
Annual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFInvestor Presentation
Peers & Comparison
EnergyOil & Gas - Refining & Marketing
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Reliance Industries Ltd | 24.76 | 1.86 | 0.39% |
Indian Oil Corporation Ltd | 4.44 | 0.98 | 8.93% |
Bharat Petroleum Corporation Ltd | 4.53 | 1.61 | 7.38% |
Hindustan Petroleum Corp Ltd | 4.92 | 1.68 | 5.68% |
Price Comparison
Compare RELIANCE with any stock or ETFShareholdings
Promoter Holdings Trend
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
No institutional holdings trend are available
Shareholding Pattern
Mar 2024
Jun 2024
Sep 2024
Oct 2024
Shareholding History
Mutual Funds Holding Trend
No mutual funds holding trends are available
Top 5 Mutual Funds holding Reliance Industries Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
Kotak Equity Arbitrage Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.2214% | Percentage of the fund’s portfolio invested in the stock 6.95% | Change in the portfolio weight of the stock over the last 3 months 4.02% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 116/225 (0) |
ICICI Prudential Value Discovery Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.1758% | Percentage of the fund’s portfolio invested in the stock 6.27% | Change in the portfolio weight of the stock over the last 3 months 1.01% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 50/97 (0) |
HDFC Balanced Advantage Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.1689% | Percentage of the fund’s portfolio invested in the stock 3.05% | Change in the portfolio weight of the stock over the last 3 months 0.75% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 4/311 (+6) |
Compare 3-month MF holding change on Screener
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Events
Dividend Trend
Increasing Dividends
RELIANCE has increased dividends consistently over the last 5 years
Dividend Yield
Current dividend yield is 0.39%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹3.93 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateAug 19, 2024
Dividend/Share
₹10.00
Ex DateEx Date
Aug 19, 2024
Cash Dividend
Ex DateEx DateAug 21, 2023
Dividend/Share
₹9.00
Ex DateEx Date
Aug 21, 2023
Cash Dividend
Ex DateEx DateAug 18, 2022
Dividend/Share
₹8.00
Ex DateEx Date
Aug 18, 2022
Cash Dividend
Ex DateEx DateJun 11, 2021
Dividend/Share
₹7.00
Ex DateEx Date
Jun 11, 2021
Cash Dividend
Ex DateEx DateJul 2, 2020
Dividend/Share
₹6.50
Ex DateEx Date
Jul 2, 2020
The Nifty January 2024 futures closed at 23,261.75, a premium of 58.55 points compared with the Nifty's closing 23,203.20 in the cash market. In the cash market, the Nifty 50 lost 108.60 points or 0.47% to 23,203.20. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, added 1.81% to 15.75. Reliance Industries, Axis Bank, and Infosys were the top traded individual stock futures contracts in F&O segment of NSE. The January 2024 F&O contracts will expire on 30 January 2024. Powered by Capital Market - Live
Reliance Industries Ltd is up for a third straight session in a row. The stock is quoting at Rs 1303.2, up 2.9% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.43% on the day, quoting at 23211.05. The Sensex is at 76656.14, down 0.5%. Reliance Industries Ltd has added around 3.99% in last one month. Meanwhile, Nifty Energy index of which Reliance Industries Ltd is a constituent, has added around 3.8% in last one month and is currently quoting at 34275.1, up 0.99% on the day. The volume in the stock stood at 207.37 lakh shares today, compared to the daily average of 118.51 lakh shares in last one month. The benchmark January futures contract for the stock is quoting at Rs 1304, up 2.68% on the day. Reliance Industries Ltd is down 4.73% in last one year as compared to a 8.15% gain in NIFTY and a 0.1% gain in the Nifty Energy index.The PE of the stock is 46.99 based on TTM earnings ending September 24.Powered by Capital Market - Live
This strong performance was driven by robust growth across its key business segments: digital services, retail, and oil-to-chemicals. RIL's Q3 revenue grew 7.7% to Rs 267,186 crore, while EBITDA climbed 7.8% to Rs 48,003 crore. EBITDA margin expanded by 10 basis points year-on-year to 18% and by 1 percentage point sequentially. Finance Costs increased by 6.7% Y-o-Y to Rs 6,179 crore, primarily due to higher debt balance. However, net debt remained largely flat at Rs 115,465 crore in Q3FY25 as against Rs 116,438 crore in Q2FY25 and Rs 119,372 crore in Q3FY24. Mukesh D. Ambani, chairman and managing director, Reliance Industries said: Robust growth in digital services business was led by sustained subscriber addition and consistent improvement in customer engagement metrics. This was well supported by a favorable subscriber mix, with an increasing number of users upgrading to 5G networks. Jio's compelling offering of home broadband services also continued to rapidly gain ground and maintain its pre-eminent market position. Retail segment delivered a strong performance, with noteworthy contribution from all formats. The business ably capitalized on the pick-up in consumption amid festive demand during the quarter. A superior understanding of customer needs and preferences enables Reliance Retail to serve a wide variety of demographic profiles with the right product, at the right time, through the right channel. The O2C business showcased its innate resilience, registering growth even in this prolonged period of volatility in the global energy markets. Refining margins recovered sequentially, with petrochemical deltas exhibiting a mixed trend. Consolidated Jio Platforms Limited (JPL) JPL's quarterly revenue stood at Rs 38,750 crore, up 19.2% Y-O-Y while quarterly Ebitda was At Rs 16,585 crore, Up 18.8% Y-O-Y. Total subscriber base was at ~482 million as of December 2024, up 2.4% Y-O-Y. ARPU increased further to Rs 203.3 with sustained impact of tariff hike and better subscriber mix. Residual impact of tariff hike still to play out. Net subscriber addition in 3Q FY25 was 3.3 million and monthly churn moderated to 2.0%. Consolidated Reliance Retail Ventures Limited (RRVL) RRVL's quarterly revenue stood at Rs 90,333 crore, up 8.8% Y-O-Y while quarterly Ebitda was at Rs 6,828 crore, up 9.5% Y-O-Y. EBITDA margin from operations stood at 8.3%, up 20 bps Y-o-Y. The business opened 779 new stores. Total store count at 19,102 with area under operation at 77.4 million sq. ft. The quarter recorded footfalls of over 296 million, a growth of 5% Y-o-Y. Grocery B2C business maintained its strong growth momentum with 37% growth Y-o-Y led by big box format. Isha M. Ambani, executive director, Reliance Retail Ventures, said Reliance Retail delivered strong performance during the quarter led by festive buying across consumption baskets. Our focus on offering wide range of products at an attractive price value proposition continues to draw customers to our stores and digital platforms. We are creating through JioMart ' express deliveries, scheduled deliveries coupled with Milkbasket - subscription services, a seamless shopping experience that serves diverse customers across all categories and catchment. Oil to Chemicals (O2C) Segment Segment Revenue for 3Q FY25 increased by 6.0% Y-O-Y to Rs 149,595 crore primarily on account of higher production meant for sale as compared to 3Q FY24 which had planned maintenance and inspection shutdown of major units. Revenue growth was also supported by robust domestic demand and product placement. Domestic fuel retailing volume increased significantly with 43.7% growth in MS and 22.8% growth in HSD. Segment EBITDA for 3Q FY25 increased by 2.4% Y-O-Y to Rs 14,402 crore following a strong volume-led growth and higher polymer deltas. RIL's feedstock flexibility, benefits of ethane cracking over naphtha and focus on yield optimization helped offset the impact of unfavorable fuel cracks. Oil and Gas (Exploration and Production) Segment The segment's quarterly revenue at Rs 6,370 crore, down 5.2% Y-o-Y. Quarterly Ebitda was at Rs 5,565 crore, down 4.1% Y-O-Y. 3Q FY25 revenue is lower by 5.2% as compared to 3Q FY24 mainly on account of lower volume of gas and condensate in KGD6, lower realisation for CBM Gas and Condensate. This was partly offset by increase in CBM gas volumes and marginal increase in the KGD6 gas price. The average price realized for KGD6 gas was $9.74/MMBTU in 3Q FY25 vis-'-vis $9.66/MMBTU in 3Q FY24. The average price realised for CBM gas was $10.58/MMBTU in 3Q FY25 vis-'-vis $15.55/MMBTU in 3Q FY24. Separately, RIL announced that its board approved acquisition of 100% equity stake of Reliance New Energy Battery Limited (RNEBL) from Reliance New Energy Limited (RNEL), for an aggregate consideration of Rs 1 lakh. RNEBL is a step-down wholly owned subsidiary of the company and post this acquisition RNEBL will become a direct wholly owned subsidiary of the company. RNEBL was incorporated in India on January 1, 2025 with an objective of undertaking business of manufacturing of battery cells, packs and containers and provide energy storage systems and solutions to various end-users. RNEBL is yet to commence commercial operations. The said acquisition will enable the Company to engage in the development of energy storage manufacturing capabilities, including those utilising Advanced Chemistry Cells. Further, the board also approved acquisition of 100% equity stake of Lakadia B Power Transmission Limited (LPTL) from REC Power Development and Consultancy Limited (RECPDCL), in accordance with the terms of the tender awarded to the company for establishment of Transmission System for Augmentation of transformation capacity at 765/400kV Lakadia Substation (the Project), for an aggregate consideration not exceeding Rs 8 crore. Post acquisition, LPTL will become a wholly owned subsidiary of the company. LPTL was incorporated in India on October 29, 2024, with an objective of setting up of the Project and is yet to commence commercial operations. The said investment will enable the company to execute the Project at Lakadia Substation and participate in development of transmission infrastructure in India. Reliance Industries is a Fortune 500 company and the largest private sector corporation in India. Its activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, advanced materials and composites, renewables (solar and hydrogen), retail and digital services. Powered by Capital Market - Live
Net profit of Reliance Industries rose 7.38% to Rs 18540.00 crore in the quarter ended December 2024 as against Rs 17265.00 crore during the previous quarter ended December 2023. Sales rose 6.62% to Rs 239986.00 crore in the quarter ended December 2024 as against Rs 225086.00 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales239986.00225086.00 7 OPM %18.2518.06 - PBDT41824.0038736.00 8 PBT28643.0025833.00 11 NP18540.0017265.00 7 Powered by Capital Market - Live
The Nifty January 2024 futures closed at 23,406.90, a premium of 95.10 points compared with the Nifty's closing 23,311.80 in the cash market. In the cash market, the Nifty 50 rose 98.60 points or 0.42% to 23,311.80. The NSE's India VIX, a gauge of market's expectation of volatility over the near term, added 1.35% to 15.47. Reliance Industries, Infosys and HDFC Life Insurance Company were the top traded individual stock futures contracts in F&O segment of NSE. The January 2025 F&O contracts will expire on 30 January 2025. Powered by Capital Market - Live
Securities in F&O Ban Aarti Industries, Aditya Birla Fashion and Retaik (ABFRL), Angle One, Bandhan Bank, Hindustan Copper, L&T Finance, RBL Bank, Kalyan Jewellers, Manapurram Finance shares were banned from trading on 16 January 2025. Earnings Today: Reliance Industries, Infosys, LTIMindtree, Axis Bank, Havells India, Sterling And Wilson Renewable Energy, Waaree Renewable Technologies, Alok Industries, Bhansali Engineering Polymers, DB Corp, Hatsun Agro Product, Kesoram Industries, Last Mile Enterprises, Mastek, Metro Brands, National Standard (India), Pacheli Industrial Finance, Radhika Jeweltech will declare their quarterly results later today. Stocks to Watch: L&T Technology Services' consolidated net profit fell 4.1% to Rs 322.40 crore in Q3 FY25 as compared with Rs 336.20 crore in Q3 FY24. Net sales increased 9.5% YoY to Rs 2,653 crore during the quarter. HDFC Life Insurance Company's consolidated net profit jumped 14.6% to Rs 421.31 crore despite of 36.1% decline in Total income to Rs 17,270.97 crore in Q3 FY25 over Q3 FY24. Punjab & Sind Bank's standalone net profit surged 146.7% to Rs 281.96 crore in Q3 FY25 as compared with Rs 114.31 crore in Q3 FY24. Total income jumped 14.6% YoY to Rs 3,269.37 crore in Q3 FY25. CEAT's consolidated net profit tumbled 46.5% to Rs 97.11 crore in Q3 FY25 as compared with Rs 181.48 crore in Q3 FY24. Net sales jumped 11.4% YoY to Rs 3299.90 crore in Q3 FY25. Axicades Technologies' board has approved the appointment of Alfonso Martinez as its new 'Group chief executive officer and managing director', effective from 20th January 2025. Rashi Peripherals has announced its intent to acquire 70% equity stake in Satcom Infotech to expand its portfolio in cybersecurity sector. Azad Engineering has received an order worth Rs 960 crore from GE Vernova International, USA for supplying airfoils for advanced gas turbine engines. Gail India has signed settlement agreement with SEFE Marketing & Trading Singapore. Agreement includes payment of $285 million by SEFE Marketing & Trading Singapore to the company and withdrawal of arbitration proceedings before London Court of International Arbitration. Swiggy incorporated a wholly owned subsidiary, Swiggy Sports. The objectives of newly incorporated entity will be include engaging in sports team ownership, management, talent development, event organization, and facility operation, offering career services, acquiring broadcasting and sponsorship rights, and promoting sports events through various business models etc.Powered by Capital Market - Live
Reliance Industries will hold a meeting of the Board of Directors of the Company on 16 January 2025.Powered by Capital Market - Live
The Nifty January 2025 futures closed at 23,776.35, a premium of 87.4 points compared with the Nifty's closing 23,688.95 in the cash market. In the cash market, the Nifty 50 slipped 18.95 points or 0.08% to 23,688.95. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, declined 1.33% to 14.47. Reliance Industries, Tata Motors, and Dixon Technologies (India) were the top trading individual stock futures contracts in the F&O segment of the NSE. The January 2025 F&O contracts will expire on 30 January 2025.Powered by Capital Market - Live
The Nifty January 2025 futures closed at 23,730, a premium of 113.95 points compared with the Nifty's closing 23,616.05 in the cash market. In the cash market, the Nifty 50 slipped 388.70 points or 1.62% to 23,616.05. The NSE's India VIX, a gauge of market's expectation of volatility over the near term, jumped 15.58% to 15.65. Reliance, Tata Motors, and HDFC Bank were the top-trading individual stock futures contracts in the F&O segment of the NSE. The January 2025 F&O contracts will expire on 30 January 2025.Powered by Capital Market - Live
The Nifty January 2024 futures closed at 24,270.10, a premium of 81.45 points compared with the Nifty's closing 24,188.65 in the cash market. In the cash market, the Nifty 50 soared 445.75 points or 1.88% to 24,188.65. The NSE's India VIX, a gauge of market's expectation of volatility over the near term, dropped 5.30% to 13.74. Reliance Industries, Maruti Suzuki India and Tata Motors and were the top traded individual stock futures contracts in F&O segment of NSE. The January 2025 F&O contracts will expire on 30 January 2025. Powered by Capital Market - Live
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 9.69%, vs industry avg of 8.87%
Increasing Market Share
Over the last 5 years, market share increased from 32.14% to 33.36%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 11.95%, vs industry avg of 17.55%