company background image
RELI

Reliance IndustriesNSEI:RELIANCE Stock Report

Last Price

₹2.48k

Market Cap

₹15.7t

7D

-2.4%

1Y

20.9%

Updated

21 Jan, 2022

Data

Company Financials +
RELIANCE fundamental analysis
Snowflake Score
Valuation0/6
Future Growth1/6
Past Performance3/6
Financial Health6/6
Dividends4/6

RELIANCE Stock Overview

Reliance Industries Limited engages in hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, textile, retail, digital, and financial services businesses worldwide.

Rewards

Earnings are forecast to grow 18.23% per year

Earnings have grown 10.3% per year over the past 5 years

Risk Analysis

No risks detected for RELIANCE from our risk checks.

Reliance Industries Competitors

Indian Oil

NSEI:IOC

₹1.1t

Bharat Petroleum

NSEI:BPCL

₹828.0b

Hindustan Petroleum

NSEI:HINDPETRO

₹433.2b

Mangalore Refinery and Petrochemicals

BSE:500109

₹77.4b

Price History & Performance

Summary of all time highs, changes and price drops for Reliance Industries
Historical stock prices
Current Share Price₹2,477.85
52 Week High₹2,751.35
52 Week Low₹1,830.00
Beta1.01
1 Month Change4.72%
3 Month Change-5.69%
1 Year Change20.89%
3 Year Change98.86%
5 Year Change383.44%
Change since IPO9,506.40%

Recent News & Updates

Dec 24
Some Investors May Be Worried About Reliance Industries' (NSE:RELIANCE) Returns On Capital

Some Investors May Be Worried About Reliance Industries' (NSE:RELIANCE) Returns On Capital

What are the early trends we should look for to identify a stock that could multiply in value over the long term...

Dec 12
Is Reliance Industries (NSE:RELIANCE) A Risky Investment?

Is Reliance Industries (NSE:RELIANCE) A Risky Investment?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...

Nov 30
Estimating The Intrinsic Value Of Reliance Industries Limited (NSE:RELIANCE)

Estimating The Intrinsic Value Of Reliance Industries Limited (NSE:RELIANCE)

How far off is Reliance Industries Limited ( NSE:RELIANCE ) from its intrinsic value? Using the most recent financial...

Shareholder Returns

RELIANCEIN Oil and GasIN Market
7D-2.4%-1.3%-2.0%
1Y20.9%21.7%32.7%

Return vs Industry: RELIANCE matched the Indian Oil and Gas industry which returned 21.7% over the past year.

Return vs Market: RELIANCE underperformed the Indian Market which returned 32.7% over the past year.

Price Volatility

Is RELIANCE's price volatile compared to industry and market?
RELIANCE volatility
RELIANCE Average Weekly Movement3.9%
Oil and Gas Industry Average Movement5.2%
Market Average Movement6.8%
10% most volatile stocks in IN Market9.9%
10% least volatile stocks in IN Market4.1%

Stable Share Price: RELIANCE is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: RELIANCE's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1973236,334Mukesh Ambanihttps://www.ril.com

Reliance Industries Limited engages in hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, textile, retail, digital, and financial services businesses worldwide. The company produces and markets petroleum products, such as liquefied petroleum gas, propylene, naphtha, gasoline, jet/aviation turbine fuel, kerosene oil, diesel, Sulphur, and petroleum coke. It also provides petrochemicals, including high-density and low-density polyethylene (PE), linear low density PE, polyester fibers and yarns, polypropylene, polyvinyl chloride, polyester yarn, purified terephthalic acid, ethylene glycols and oxide, paraxylene, ortho xylene, benzene, linear alkyl benzene and paraffin, poly butadiene rubber, styrene butadiene rubber, butyl rubber, and polyethylene terephthalate.

Reliance Industries Fundamentals Summary

How do Reliance Industries's earnings and revenue compare to its market cap?
RELIANCE fundamental statistics
Market Cap₹15.75t
Earnings (TTM)₹516.05b
Revenue (TTM)₹5.75t

30.5x

P/E Ratio

2.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
RELIANCE income statement (TTM)
Revenue₹5.75t
Cost of Revenue₹3.79t
Gross Profit₹1.96t
Expenses₹1.44t
Earnings₹516.05b

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

Jan 21, 2022

Earnings per share (EPS)81.20
Gross Margin34.01%
Net Profit Margin8.97%
Debt/Equity Ratio30.3%

How did RELIANCE perform over the long term?

See historical performance and comparison

Dividends

0.3%

Current Dividend Yield

9%

Payout Ratio

Valuation

Is Reliance Industries undervalued compared to its fair value and its price relative to the market?

30.52x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: RELIANCE (₹2477.85) is trading above our estimate of fair value (₹2345.18)

Significantly Below Fair Value: RELIANCE is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: RELIANCE is poor value based on its PE Ratio (30.5x) compared to the Indian Oil and Gas industry average (22.6x).

PE vs Market: RELIANCE is poor value based on its PE Ratio (30.5x) compared to the Indian market (23.3x).


Price to Earnings Growth Ratio

PEG Ratio: RELIANCE is poor value based on its PEG Ratio (1.7x)


Price to Book Ratio

PB vs Industry: RELIANCE is overvalued based on its PB Ratio (2.1x) compared to the IN Oil and Gas industry average (1.8x).


Future Growth

How is Reliance Industries forecast to perform in the next 1 to 3 years based on estimates from 28 analysts?

18.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: RELIANCE's forecast earnings growth (18.2% per year) is above the savings rate (6.7%).

Earnings vs Market: RELIANCE's earnings (18.2% per year) are forecast to grow slower than the Indian market (21% per year).

High Growth Earnings: RELIANCE's earnings are forecast to grow, but not significantly.

Revenue vs Market: RELIANCE's revenue (11.9% per year) is forecast to grow slower than the Indian market (12.7% per year).

High Growth Revenue: RELIANCE's revenue (11.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: RELIANCE's Return on Equity is forecast to be low in 3 years time (9.5%).


Past Performance

How has Reliance Industries performed over the past 5 years?

10.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RELIANCE has high quality earnings.

Growing Profit Margin: RELIANCE's current net profit margins (9%) are lower than last year (9.3%).


Past Earnings Growth Analysis

Earnings Trend: RELIANCE's earnings have grown by 10.3% per year over the past 5 years.

Accelerating Growth: RELIANCE's earnings growth over the past year (14.1%) exceeds its 5-year average (10.3% per year).

Earnings vs Industry: RELIANCE earnings growth over the past year (14.1%) underperformed the Oil and Gas industry 38.2%.


Return on Equity

High ROE: RELIANCE's Return on Equity (6.9%) is considered low.


Financial Health

How is Reliance Industries's financial position?


Financial Position Analysis

Short Term Liabilities: RELIANCE's short term assets (₹3,716.4B) exceed its short term liabilities (₹3,159.6B).

Long Term Liabilities: RELIANCE's short term assets (₹3,716.4B) exceed its long term liabilities (₹2,679.8B).


Debt to Equity History and Analysis

Debt Level: RELIANCE's net debt to equity ratio (4.3%) is considered satisfactory.

Reducing Debt: RELIANCE's debt to equity ratio has reduced from 69.3% to 30.3% over the past 5 years.

Debt Coverage: RELIANCE's debt is well covered by operating cash flow (37.1%).

Interest Coverage: RELIANCE's interest payments on its debt are well covered by EBIT (34.7x coverage).


Balance Sheet


Dividend

What is Reliance Industries's current dividend yield, its reliability and sustainability?

0.28%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: RELIANCE's dividend (0.28%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.3%).

High Dividend: RELIANCE's dividend (0.28%) is low compared to the top 25% of dividend payers in the Indian market (1.32%).


Stability and Growth of Payments

Stable Dividend: RELIANCE's dividends per share have been stable in the past 10 years.

Growing Dividend: RELIANCE's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (8.8%), RELIANCE's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: RELIANCE's dividends in 3 years are forecast to be thoroughly covered by earnings (8.8% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

9.9yrs

Average management tenure


CEO

Mukesh Ambani (64 yo)

19.5yrs

Tenure

Mr. Mukesh Dhirubhai Ambani is Chairman and Managing Director of Reliance Industries Ltd. since July 31, 2002 and has been its Director since April 01, 1977. Mr. Ambani serves as an Executive of Reliance E...


CEO Compensation Analysis

Compensation vs Market: Insufficient data to establish whether Mukesh's total compensation is reasonable compared to companies of similar size in the Indian market.

Compensation vs Earnings: Mukesh's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: RELIANCE's management team is seasoned and experienced (9.9 years average tenure).


Board Members

Experienced Board: RELIANCE's board of directors are seasoned and experienced ( 12 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Reliance Industries Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Reliance Industries Limited
  • Ticker: RELIANCE
  • Exchange: NSEI
  • Founded: 1973
  • Industry: Oil and Gas Refining and Marketing
  • Sector: Energy
  • Implied Market Cap: ₹15.748t
  • Shares outstanding: 6.36b
  • Website: https://www.ril.com

Number of Employees


Location

  • Reliance Industries Limited
  • Maker Chambers IV
  • 3rd Floor
  • Mumbai
  • Maharashtra
  • 400021
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/21 15:33
End of Day Share Price2022/01/21 00:00
Earnings2021/09/30
Annual Earnings2021/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.