Reliance Industries Ltd

About [ edit ]

Reliance Industries Limited is a Fortune 500 company and the largest private sector corporation in India. It has evolved from being a textiles and polyester company to an integrated player across energy, materials, retail, entertainment and digital services. Reliance's products and services portfolio touches almost all Indians on a daily basis, across economic and social spectrums. #

Reliance was founded by Dhirubhai Ambani and is now promoted and managed by his elder son, Mukesh Dhirubhai Ambani. Ambani's family have about 50% shareholding in the conglomerate.

Key Points [ edit ]
  • Market Cap 1,373,450 Cr.
  • Current Price 2,086
  • High / Low 2,369 / 867
  • Stock P/E 33.8
  • Book Value 968
  • Dividend Yield 0.31 %
  • ROCE 10.7 %
  • ROE 10.2 %
  • Face Value 10.0

Pros

Cons

  • Company has a low return on equity of 11.42% for last 3 years.
  • Dividend payout has been low at 10.02% of profits over last 3 years

Peer comparison

Sector: Refineries Industry: Refineries

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
116,915 128,756 143,323 156,898 139,590 157,980 149,302 153,302 136,492 88,253 111,236 117,860
98,446 108,095 122,215 135,581 118,437 136,365 127,150 130,553 114,487 71,378 92,291 96,294
Operating Profit 18,469 20,661 21,108 21,317 21,153 21,615 22,152 22,749 22,005 16,875 18,945 21,566
OPM % 16% 16% 15% 14% 15% 14% 15% 15% 16% 19% 17% 18%
Other Income 2,203 1,788 1,251 2,484 2,894 2,871 3,668 3,162 -386 9,676 4,354 4,407
Interest 2,566 3,550 3,932 4,119 4,894 5,109 5,450 5,404 6,064 6,735 6,084 4,326
Depreciation 4,852 5,173 5,229 5,237 5,295 5,011 5,315 5,545 6,332 6,308 6,626 6,665
Profit before tax 13,254 13,726 13,198 14,445 13,858 14,366 15,055 14,962 9,223 13,508 10,589 14,982
Tax % 29% 31% 28% 28% 25% 29% 25% 21% 29% 2% -0% 1%
Net Profit 9,438 9,459 9,516 10,251 10,362 10,104 11,262 11,640 6,348 13,233 9,567 13,101
EPS in Rs 13.97 14.00 14.07 15.16 15.33 14.94 16.66 17.21 9.39 20.87 15.09 20.67
Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 TTM
151,101 203,174 265,050 357,677 395,957 433,521 374,372 272,583 303,954 390,823 568,337 595,887 453,841
127,894 172,271 226,427 323,169 362,912 398,722 337,008 230,845 257,647 326,508 484,087 507,413 374,450
Operating Profit 23,206 30,902 38,623 34,508 33,045 34,799 37,364 41,738 46,307 64,315 84,250 88,474 79,391
OPM % 15% 15% 15% 10% 8% 8% 10% 15% 15% 16% 15% 15% 17%
Other Income 2,130 10,783 1,964 6,194 7,867 9,001 8,613 12,255 9,222 9,869 8,406 9,362 18,051
Interest 1,816 2,060 2,411 2,893 3,463 3,836 3,316 3,691 3,849 8,052 16,495 22,027 23,209
Depreciation 5,651 10,946 14,121 12,401 11,232 11,201 11,547 11,565 11,646 16,706 20,934 22,203 25,931
Profit before tax 17,869 28,680 24,055 25,408 26,217 28,763 31,114 38,737 40,034 49,426 55,227 53,606 48,302
Tax % 16% 15% 20% 22% 20% 22% 24% 23% 25% 27% 28% 26%
Net Profit 14,969 24,503 19,294 19,724 20,879 22,493 23,566 29,745 29,901 36,075 39,588 39,354 42,249
EPS in Rs 22.29 35.12 27.63 28.27 30.31 32.62 34.14 43.03 43.11 53.39 58.55 58.20 66.02
Dividend Payout % 12% 9% 12% 13% 13% 12% 12% 10% 11% 10% 10% 10%
Compounded Sales Growth
10 Years:11%
5 Years:10%
3 Years:25%
TTM:-24%
Compounded Profit Growth
10 Years:10%
5 Years:14%
3 Years:13%
TTM:-7%
Stock Price CAGR
10 Years:16%
5 Years:33%
3 Years:30%
1 Year:58%
Return on Equity
10 Years:12%
5 Years:12%
3 Years:11%
Last Year:10%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Sep 2020
1,444 2,978 2,981 2,979 2,936 2,940 2,943 2,948 2,959 5,922 5,926 6,339 6,445
Reserves 119,813 138,025 151,112 166,466 179,094 195,730 215,539 228,600 260,746 287,569 381,184 446,991 606,977
Borrowings 76,257 64,606 84,152 92,447 107,219 138,761 168,251 194,714 217,475 239,843 307,714 355,133 255,241
48,631 53,837 69,274 65,299 73,108 91,412 117,753 172,735 225,622 277,939 302,806 354,552 357,986
Total Liabilities 246,075 259,445 307,519 327,191 362,357 428,843 504,486 598,997 706,802 811,273 997,630 1,163,015 1,226,649
107,044 160,191 158,100 138,814 133,487 141,417 156,458 184,910 198,526 403,885 398,374 532,658 590,588
CWIP 73,846 17,034 28,174 25,363 49,952 91,494 166,462 228,697 324,837 187,022 179,463 109,106 66,680
Investments 6,436 13,112 21,596 38,596 42,848 60,602 76,451 84,015 82,899 82,862 235,635 276,767 346,324
58,750 69,108 99,649 124,418 136,070 135,330 105,115 101,375 100,540 137,504 184,158 244,484 223,057
Total Assets 246,075 259,445 307,519 327,191 362,357 428,843 504,486 598,997 706,802 811,273 997,630 1,163,015 1,226,649

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
16,287 20,494 33,338 24,483 36,918 43,261 34,374 38,134 49,550 71,459 42,346 98,074
-23,056 -18,212 -32,040 -6,301 -27,601 -73,070 -64,706 -36,186 -66,201 -68,192 -94,507 -75,694
25,037 -11,134 14,950 -7,590 408 13,713 8,444 -3,210 8,617 -2,001 55,906 -2,541
Net Cash Flow 18,268 -8,851 16,248 10,592 9,725 -16,096 -21,888 -1,262 -8,034 1,266 3,745 19,839

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
ROCE % 12% 11% 12% 11% 10% 10% 9% 10% 10% 11% 12% 11%
Debtor Days 12 18 22 17 9 8 5 6 10 16 19 12
Inventory Turnover 5.93 5.79 5.69 7.11 6.72 6.72 5.59 4.00 4.68 5.14 6.41 5.94

Shareholding Pattern

Numbers in percentages

Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
47.45 47.35 47.27 47.19 47.27 47.29 50.05 50.03 50.07 50.37 50.49 50.54
24.46 24.53 24.41 24.02 24.39 24.40 23.76 24.54 24.08 24.75 25.23 25.18
11.23 11.44 11.74 12.30 11.86 11.72 14.36 13.75 13.78 13.58 13.15 12.90
0.15 0.16 0.17 0.17 0.18 0.18 0.19 0.19 0.20 0.21 0.20 0.20
16.72 16.52 16.41 16.31 16.29 16.42 11.65 11.49 11.87 11.10 10.93 11.19

Documents

Add document