Stock has witnessed a steady rebound in the last two months from the key support area of ₹ 2200 being the previous major low of March 2022 and the entire up move is well channelled signalling sustained demand at elevated levels
Stock has witnessed a steady rebound in the last two months from the key support area of ₹ 2200 being the previous major low of March 2022 and the entire up move is well channelled signalling sustained demand at elevated levels
On the traditional businesses front, in FY23 O2C segment’s EBITDA grew 18% YoY to ₹62075 crore, profitability is expected to remain steady in near term. We expect GRMs to be subdued in the current quarter, but likely to increase in H2FY24 due to the anticipated rise in demand. Going forward, the company plans to invest more into petrochemicals business. Oil and Gas EBITDA grew 1.5x YoY to ₹13589 crore due to higher gas realisation. Going ahead, ramp up in gas production will drive growth in oil & gas segment.
FY23 was another landmark year for Reliance Retail as it grew 30% YoY to ₹ 2.6 lakh crore on a significantly large base. Retail coverage area now has crossed 65 million sq ft (up 57% YoY), which is more than 4.5x the size of the second largest retailer. Despite record number of store additions and foray into newer segments (consumer brands) the company managed to improve its RoCE profile by 250 bps YoY to 14.0% in FY23. Reliance Retail’s widespread physical store network would further enhance its omni-channel capabilities (~18% of revenues) and position it as a frontrunner to garner consistent business growth by capturing a larger pie of the Indian retail sector opportunity.
Q4FY24 Financial Highlights:
FY24 Financial Highlights:
Commenting on the results, Mukesh D. Ambani, Chairman and Managing Director, Reliance Industries Limited said, “Initiatives across RIL’s businesses have made a remarkable contribution towards fostering growth of various sectors of the Indian economy. It is heartening to note that alongside strengthening the national economy, all segments have posted a robust financial and operating performance. This has helped the Company achieve multiple milestones. I am happy to share that this year, Reliance became the first Indian company to cross the Rs 100,000-crore threshold in pre-tax profits.
Performance of the digital services segment has been boosted by accelerated expansion of subscriber base, supported by both mobility and fixed wireless services. With over 108 million True 5G customers, Jio truly leads the 5G transformation in India. From upgrading the hitherto 2G users to smartphones, to leading the effort of producing AI-driven solutions, Jio has proved its capability in strengthening the nation’s digital infrastructure.
Reliance Retail continued to provide customers endless choices through its robust omni-channel presence. We continue to offer product differentiation and superior offline experience through stores remodelling and revamping of layouts. Our digital commerce platforms also provide newer solutions to users with a broad brand catalogue. Reliance Retail also works towards strengthening millions of merchants through its unique initiatives in new commerce space.
Strong demand for fuels globally, and limited flexibility in refining system worldwide, supported margins and profitability of the O2C segment. Downstream chemical industry experienced increasingly challenging market conditions through the year. Despite headwinds, maintaining leading product positions and feedstock flexibility through our operating model that prioritises cost management, we delivered a resilient performance. The KG-D6 block has achieved 30 MMSCMD of production and now accounts for 30% of India’s domestic gas production.
We remain committed to our projects and initiatives, including those in the New Energy segment, which will bolster the company, and help it deliver sustainable growth for the future.”
Financials( ₹ in Cr) | Reliance Industries Ltd | Indian Oil Corporation Ltd | Bharat Petroleum Corporation Ltd | Hindustan Petroleum Corporation Ltd | Mangalore Refinery And Petrochemicals Ltd |
---|---|---|---|---|---|
Price | 2,926.65 | 168.84 | 613.35 | 525.95 | 214.20 |
% Change | 0.46 | 0.69 | 1.01 | 0.36 | 0.47 |
Mcap ₹ Cr | 1,980,203.29 | 238,422.98 | 133,051.13 | 74,608.53 | 37,540.67 |
Revenue TTM ₹ Cr | 877,835.00 | 860,701.76 | 473,187.18 | 440,709.25 | 108,856.10 |
Net Profit TTM ₹ Cr | 74,088.00 | 11,704.26 | 2,131.05 | -6,980.23 | 2,655.41 |
PE TTM | 28.31 | 5.68 | 4.87 | 4.65 | 10.37 |
1 Year Return | 29.77 | 83.82 | 65.03 | 92.34 | 230.30 |
ROCE | 9.96 | 8.02 | 6.75 | -8.04 | 19.69 |
ROE | 9.91 | 8.57 | 6.34 | -18.95 | 31.10 |
Equity Capital: 715,872.00 Cr FV: 10.00
Period | MF Net Purchase / (sold) | FII Net |
---|---|---|
LAST 1M | 35,349.29 | -13,782.00 |
LAST 3M | 103,691.48 | -46,235.75 |
LAST 6M | 175,057.36 | -6,533.18 |
LAST 12M | 282,410.52 | 102,853.59 |
Date | Action Type | Ratio |
---|---|---|
Aug 21, 2023 | Dividend | 90 |
Aug 18, 2022 | Dividend | 80 |
Reliance Industries Ltd is a fortune 500 company and the largest private sector corporation in India. It was set up in the year 1980-82 with its first petrochemical and polyester filament yarn plant. With the years passing by, in 2000, the Jamnagar refinery was commissioned as the world’s largest grassroot refinery. RIL further expanded its business vertical and entered into the InfoComm sector in India in 2002. Leaving no stone unturned, Reliance Industries focused on providing care, opportunities, space, development, and empathy for the Indians and thus launched Reliance Foundation. In the year 2016-17, a digital revolution came in India with the launch of Jio which is now continuously diversifying its operations by entering in the financial service sector, launching 5G services. It has the following business segments as of today: new energy and new materials, retail, media and entertainment, petrochemicals, energy, and digital services Jio.
In the FY 22-23, Reliance reported its revenue at Rs. 9,74,864 crores which had an increase of 23.6% as compared to the last year. The PAT also increased by 11.3% Y-o-Y standing at Rs. 73,670 crores. The EBITDA of Reliance was Rs. 1,53,920 crores in FY 2022-2023. Having a market capitalization of Rs.17,72,456 crores, Reliance Industries Ltd is having an aim to create a sustainable growth environment.
The history of Reliance share price is:
Particulars | Details |
5-Year % Change in RIL Share Price | 119.46% |
5-Year Highest RIL Share Price | Rs. 3014.8 |
5-Year Lowest RIL Share Price | Rs. 1008.39 |
1-Year % Change in RIL Share Price | 28.13% |
1-Year Highest RIL Share Price | Rs. 3014.8 |
1-Year Lowest RIL Share Price | Rs. 2203.3 |
By having a stronger base and organizational values Reliance Industries is aiming to make India a global leader in every aspect.
The latest details of Reliance share price are:
3rd Floor Maker Chambers IV, 222 Nariman Point, Mumbai, Maharashtra, 400021
Tel | : | 91-22-22785000 / 35555000 |
: | investor.relations:ril.com | |
Website | : | http://www.ril.com |
Karvy Computershare Pvt Ltd
AGM Date (Month) | : | Aug |
Face Value Equity Shares | : | 10 |
Market Lot Equity Shares | : | 1 |
BSE Code | : | 500325 |
NSE Code | : | RELIANCE |
Book Closure Date (Month) | : | |
BSE Group | : | A |
ISIN | : | INE002A01018 |
You can buy Reliance Industries shares through a brokerage firm. ICICI Direct is a registered broker through which you can place orders to buy Reliance Industries Share.
Company share prices and volatile and keep changing according to the market conditions. As of Jun 12, 2024 03:31 PM the closing price of Reliance Industries was Rs.2,926.65.
Market capitalization or market cap is determined by multiplying the current market price of a companys shares with the total number of shares outstanding. As of Jun 12, 2024 03:31 PM, the market cap of Reliance Industries stood at Rs. 1,980,203.29.
The latest PE ratio of Reliance Industries as of Jun 12, 2024 03:31 PM is 28.31
The latest PB ratio of Reliance Industries as of Jun 12, 2024 03:31 PM is 0.40
The 52-week high of Reliance Industries share price is Rs. 3,029.00 while the 52-week low is Rs. 2,220.30
According to analyst recommendations, Reliance Industries Share has a "Buy" rating for the long term.