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Reliance Industries Ltd share Price Today

Company details

2,831.95
2,866.45
1,979.13
3,024.90
6M Return 15.58%
1Y Return 37.23%
Mkt Cap.(Cr) 1,918,530.21
Volume 5,728,438
Div Yield 0.31%
OI
-
OI Chg %
-
Volume 5,728,438

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About The Stock

    Reliance Industries (RIL) is one of India’s biggest conglomerates with a presence in oil refining & marketing and petrochemicals, oil & gas exploration, retail, digital services and media, etc, making it a well-diversified business entity.

    • At the EBITDA level in FY22, O2C and oil & gas contributed 49% while retail, digital and others contributed 10%, 34% and 7%, respectively
Q4FY22

    RIL’s results were below estimates on the profitability front on account of weaker-than-expected oil-to-chemicals (O2C) earnings.

    • Revenue was up 36.8% YoY to ₹ 211887 crore as all segments reported revenue growth. It grew 10.8% QoQ led by O2C and digital service
    • EBITDA was at ₹ 31366 crore, up 34.3% YoY, 5.6% QoQ. EBITDA growth YoY was driven by O2C (up 24.8% YoY) and digital service (up 25.3% YoY) mainly on account of higher refining earnings in O2C coupled with tariff hike undertaken in December 2021
    • Subsequently, PAT was at ₹ 16203 crore, up 22.5% YoY. PAT declined 12.6% QoQ owing to lower other income and exceptional gain of ₹ 2836 crore reported in Q3FY22

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Refineries/Petro-products company Reliance Industries announced Q3FY24 results:

Financial Highlights:

  • Consolidated Quarterly Revenue: Rs 2,48,160 crore, a 3.2% increase YoY.
  • Consolidated EBITDA: Rs 44,678 crore, marking a 16.7% increase YoY, with an EBITDA margin of 18%.
  • Quarterly Profit After Tax: Rs 19,641 crore, up by 10.9% YoY.
  • Capital Expenditure: Investments of Rs 30,102 crore mainly in 5G rollout, retail infrastructure, and new energy business.
  • Outstanding Debt: Rs 3,11,743 crore, with cash and cash equivalents at Rs 1,92,371 crore.
  • Net Debt: Positioned at Rs 1,19,372 crore with a net debt to EBITDA ratio of 0.68.

Segment-wise Performance:

  • Jio Platforms Quarterly Revenue: Rs 32,510 crore, up by 11.4% YoY. EBITDA increased by 11.5% to Rs 13,955 crore.
  • Reliance Retail Quarterly Revenue: Rs 83,063 crore, a 22.8% increase YoY. EBITDA grew by 31.1% to Rs 6,258 crore with a margin of 8.4%.
  • Oil to Chemicals (O2C) Segment: Quarterly revenue decreased by 2.4% to Rs 141,096 crore, while EBITDA marginally increased by 1.0% to Rs 14,064 crore.
  • Oil and Gas Segment: Quarterly revenue is up by 50.2% at Rs 6,719 crore and a record EBITDA of Rs 5,804 crore, rising by 49.6%.

Commenting on the results, Mukesh D. Ambani, Chairman and Managing Director, Reliance Industries said: “Reliance has delivered yet another quarter of robust operating and financial performance, thanks to the exceptional efforts put in by teams across its businesses.

I am happy to share that Jio has completed in India the fastest rollout of True 5G services anywhere in the world. Every city, town, and village in the country is now equipped with high-speed digital connectivity, which will usher in a new era of unparalleled digital accessibility and technology-led growth. The strong uptake of the JioBharat phone and JioAirFiber services has resulted in the continued expansion of Jio’s subscriber base, contributing to the stellar growth numbers of the digital services business.

The retail segment has also delivered an impressive financial performance with its rapidly expanding physical as well as digital footprint. Reliance Retail remains focused on enriching the customer shopping experience by adding new brands and offerings to its portfolio. Its New Commerce initiatives continue to support the growth journey of millions of small merchants through technology, generating immense societal value.

The Oil & Gas segment posted its highest-ever quarterly EBITDA. I am happy to note that KG D6 is now contributing 30% of India’s gas production, fueling its transition towards a greener and cleaner tomorrow. The O2C segment delivered resilient performance aided by operational flexibility and strong domestic demand. Staying true to its commitment to sustainability, Reliance has become the first Indian company to chemically recycle pyrolysis oil into circular polymers.

The New Energy Giga Complex is all set to be commissioned in the second half of CY24. I am confident that Reliance’s New Energy business will play a pivotal role in the global movement for adoption of cleaner fuels.”

 

Result PDF

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Reliance Industries Ltd shares SWOT Analysis

Strengths (10)

  • Effectively using its capital to generate profit - RoCE improving in last 2 years
  • Effectively using Shareholders fund - Return on equity (ROE) improving since last 2 year
  • Efficient in managing Assets to generate Profits - ROA improving since last 2 year

Weakness (1)

  • Decline in Net Profit (QoQ)

Opportunity (0)

Data not found

Threats (2)

  • Companies with growing costs YoY for long term projects
  • Increasing Trend in Non-Core Income

Resistance and support

R1 2,897.3
R2 2,915.6
R3 2,947.7
Pivot

2,865.15

S1 2,846.9
S2 2,814.8
S3 2,796.5
EMA SMA
2,917.7
2,843.8
2,724.0
2,616.0
2,944.0
2,860.7
2,644.7
2,565.3
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
SOCIETE GENERALE Block Purchase 2024-01-25 2687.75 1784894 BSE
BNP PARIBAS ARBITRAGE Block Sell 2024-01-25 2687.75 1784894 BSE
BOFA SECURITIES EUROPE SA Block Purchase 2023-12-14 2470 1750000 BSE
Name Category Shares
Srichakra Commercials LLP PROMOTER 11.2%
Tattvam Enterprises LLP PROMOTER 8.26%
Karuna Commercials LLP PROMOTER 8.26%
Devarshi Commercials LLP PROMOTER 8.26%
Reliance Industries Holding Private Ltd PROMOTER 4.6%
Reliance Industrial Investments and Holdings Ltd PROMOTER 3.65%
Reliance Services and Holdings Limited a company controlled by Petroleum Trust PROMOTER 2.6%
Samarjit Enterprises LLP PROMOTER 1.89%

OUR RESEARCH VIEW

Trading recommendation

Call Date
23 Oct 2021
Entry Price 2,627.00
Target Price 2,900.00
Duration
Stop Loss -
Investment recommendation
Call Date
27 May 2023
Entry Price 2,465.00
Target Price 2,710.00
Duration
3 Month

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Reliance Industries Ltd Stocks COMPARISON

Financials( in Cr) Reliance Industries Ltd Indian Oil Corporation Ltd Bharat Petroleum Corporation Ltd Hindustan Petroleum Corporation Ltd Mangalore Refinery And Petrochemicals Ltd
Price 2,835.50 160.70 584.90 467.15 215.35
% Change -0.96 -5.66 -3.92 -6.59 3.58
Mcap Cr 1,918,530.21 226,928.29 126,879.61 66,267.47 37,742.22
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 27.87 4.84 4.15 3.87 8.50
1 Year Return 37.23 106.82 79.31 104.26 277.81
ROCE 9.96 8.02 6.75 -8.04 19.69
ROE 9.91 8.57 6.34 -18.95 31.10
INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 715,872.00 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 19,949.36 46,625.05
LAST 3M 62,706.47 30,325.37
LAST 6M 124,059.31 61,387.51
LAST 12M 183,733.61 212,735.20
Reliance Industries Limited - Others

Mar 18, 2024 l NSE Announcement

Reliance Industries Limited - Loss of Share Certificates

Mar 15, 2024 l NSE Announcement

Reliance Industries inks deal to acquire 13.01% stake in Viacom18

Mar 14, 2024 l BSE Announcement

Date Action Type Ratio
Aug 21, 2023 Dividend 90
Aug 18, 2022 Dividend 80

Reliance Industries Ltd Information

Stock PE (TTM)
27.87
Promoter Holding
49.11%
Book Value
1110.3403
ROCE
9.96%
ROE
9.91%
Description
  • 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. 

    Reliance share price had an opening of Rs. 2,593.7 on 28th December 2023. The 52-week high of Reliance Ltd share price is Rs. 2,841.85 on 19th July 2023 and the 52-week low of Reliance Ltd share price is Rs.2201.25 on 20th March 2023. Reliance Ltd share price has seen an increase of 2.37% in the last one year and by 2.97% in the last six months.

    By having a stronger base and organizational values Reliance Industries is aiming to make India a global leader in every aspect.

     

Registered Address

3rd Floor Maker Chambers IV, 222 Nariman Point, Mumbai, Maharashtra, 400021

Tel : 91-22-22785000 / 35555000
Email : investor.relations:ril.com
Website : http://www.ril.com
Registrar

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

FAQ’s on Reliance Industries Ltd Shares

You can buy Reliance Industries Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Reliance Industries Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Mar 15, 2024 03:09 PM the closing price of Reliance Industries Ltd was ₹ 2,835.50.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Mar 15, 2024 03:09 PM, the market cap of Reliance Industries Ltd stood at ₹ 1,918,530.21.

The latest PE ratio of Reliance Industries Ltd as of Mar 15, 2024 03:09 PM is 27.87

The latest PB ratio of Reliance Industries Ltd as of Mar 15, 2024 03:09 PM is 0.39

The 52-week high of Reliance Industries Ltd is ₹ 3,024.90 while the 52-week low is ₹ 1,979.13

According to analyst recommendations, Reliance Industries Ltd has a “Buy” rating for the long term.

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