Reliance Industries
Market Cap
₹8.4t
Last Updated
2019/10/21 12:45 UTC
Data Sources
Company Financials +
Executive Summary
Reliance Industries Limited engages in the hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail, textile, and digital service businesses worldwide.
Snowflake
Fundamentals
Average dividend payer with mediocre balance sheet.
Similar Companies
Share Price & News
How has Reliance Industries's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
4.3%
RELIANCE
4.6%
IN Oil and Gas
3.3%
IN Market
1 Year Return
33.3%
RELIANCE
17.7%
IN Oil and Gas
7.1%
IN Market
Return vs Industry: RELIANCE exceeded the Indian Oil and Gas industry which returned 17.7% over the past year.
Return vs Market: RELIANCE exceeded the Indian Market which returned 7.1% over the past year.
Shareholder returns
| RELIANCE | Industry | Market | |
|---|---|---|---|
| 7 Day | 4.3% | 4.6% | 3.3% |
| 30 Day | 12.9% | 11.5% | 2.9% |
| 90 Day | 11.2% | 8.2% | 3.1% |
| 1 Year | 34.0%33.3% | 21.2%17.7% | 9.4%7.1% |
| 3 Year | 171.5%166.4% | 48.8%33.4% | 22.7%16.4% |
| 5 Year | 213.5%200.9% | 72.2%45.0% | 44.0%30.4% |
Price Volatility Vs. Market
How volatile is Reliance Industries's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Should You Care About Reliance Industries Limited’s (NSE:RELIANCE) Investment Potential?1 month ago | Simply Wall St
Reliance Industries Limited (NSE:RELIANCE) Is Yielding 0.5% - But Is It A Buy?1 month ago | Simply Wall St
Nihar Jambusaria Just Sold A Bunch Of Shares In Reliance Industries Limited (NSE:RELIANCE)Valuation
Is Reliance Industries undervalued compared to its fair value and its price relative to the market?
20.22x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: RELIANCE (₹1416.35) is trading above our estimate of fair value (₹475.4)
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 (20.2x) compared to the Oil and Gas industry average (11.1x).
PE vs Market: RELIANCE is poor value based on its PE Ratio (20.2x) compared to the Indian market (13x).
Price to Earnings Growth Ratio
PEG Ratio: RELIANCE is poor value based on its PEG Ratio (1.5x)
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 (1.2x).
Next Steps
Future Growth
How is Reliance Industries forecast to perform in the next 1 to 3 years based on estimates from 24 analysts?
13.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RELIANCE's forecast earnings growth (13.9% per year) is above the savings rate (7.6%).
Earnings vs Market: RELIANCE's earnings (13.9% per year) are forecast to grow slower than the Indian market (18.3% per year).
High Growth Earnings: RELIANCE's earnings are forecast to grow, but not significantly.
Revenue vs Market: RELIANCE's revenue (7.6% per year) is forecast to grow slower than the Indian market (11.3% per year).
High Growth Revenue: RELIANCE's revenue (7.6% 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 (11.9%).
Next Steps
Past Performance
How has Reliance Industries performed over the past 5 years?
12.7%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: RELIANCE's earnings have grown by 12.7% per year over the past 5 years.
Accelerating Growth: RELIANCE's earnings growth over the past year (11%) is below its 5-year average (12.7% per year).
Earnings vs Industry: RELIANCE earnings growth over the past year (11%) exceeded the Oil and Gas industry 10.6%.
Return on Equity
High ROE: RELIANCE's Return on Equity (10.2%) is considered low.
Return on Assets
ROA vs Industry: RELIANCE's Return on Assets is below or equal to the Oil and Gas industry average last year.
Return on Capital Employed
ROCE Improving: RELIANCE has improved its Return on Capital Employed over the past 3 years.
Next Steps
Financial Health
How is Reliance Industries's financial position?
Financial Position Analysis
Short Term Liabilities: RELIANCE's short term assets (₹2,155.5B) do not cover its short term liabilities (₹3,485.7B)
Long Term Liabilities: RELIANCE's short term assets (2,155.5B) do not cover its long term liabilities (2,805.3B)
Debt to Equity History and Analysis
Debt Level: RELIANCE's debt to equity ratio (60.9%) is considered high
Reducing Debt: RELIANCE's debt to equity ratio has reduced from 62.4% to 60.9% over the past 5 years.
Debt Coverage: RELIANCE's debt is well covered by operating cash flow (22.5%).
Interest Coverage: RELIANCE's interest payments on its debt are well covered by EBIT (5.2x coverage).
Balance Sheet
Inventory Level: RELIANCE has a high level of physical assets or inventory.
Debt Coverage by Assets: RELIANCE's debt is not covered by short term assets (assets are 0.9x debt).
Next Steps
Dividend
What is Reliance Industries's current dividend yield, its reliability and sustainability?
0.46%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: RELIANCE's dividend (0.46%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.6%).
High Dividend: RELIANCE's dividend (0.46%) is low compared to the top 25% of dividend payers in the Indian market (2.42%).
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 (9.3%), 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 (7.8% payout ratio).
Next Steps
Management
What is the CEO of Reliance Industries's salary, the management and board of directors tenure and is there insider trading?
11.5yrs
Average management tenure
CEO
Mukesh Ambani (62yo)
17.3yrs
Tenure
₹150,000,000
Compensation
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: Mukesh's total compensation ($USD2.11M) is about average for companies of similar size in the Indian market ($USD1.13M).
Compensation vs Earnings: Mukesh's compensation has been consistent with company performance over the past year.
Management Age and Tenure
11.5yrs
Average Tenure
61.5yo
Average Age
Experienced Management: RELIANCE's management team is seasoned and experienced (11.5 years average tenure).
Board Age and Tenure
13.3yrs
Average Tenure
64yo
Average Age
Experienced Board: RELIANCE's board of directors are seasoned and experienced ( 13.3 years average tenure).
Insider Trading
Insider Buying: RELIANCE insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Shares | 100,000 |
| Max Price | ₹1,290.39 |
| Entity | Individual |
| Shares | 1,550 |
| Max Price | ₹1,331.52 |
| Entity | Individual |
| Shares | 2,000 |
| Max Price | ₹1,279.61 |
| Entity | Individual |
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| Max Price | ₹1,320.80 |
| Entity | Individual |
| Shares | 1,000 |
| Max Price | ₹1,331.00 |
| Entity | Individual |
| Shares | 2,500 |
| Max Price | ₹1,327.46 |
| Entity | Individual |
| Shares | 20,000 |
| Max Price | ₹1,323.00 |
| Entity | Individual |
| Role | Member of the Board of Directors Executive Director |
| Shares | 2,200 |
| Max Price | ₹1,288.07 |
| Entity | Individual |
| Shares | 1,500 |
| Max Price | ₹1,291.63 |
| Entity | Individual |
| Shares | 2,000 |
| Max Price | ₹1,311.25 |
| Entity | Individual |
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| Max Price | ₹1,286.91 |
| Entity | Individual |
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| Max Price | ₹1,255.00 |
| Entity | Individual |
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| Max Price | ₹1,265.80 |
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| Max Price | ₹1,249.00 |
| Entity | Individual |
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| Max Price | ₹1,254.83 |
| Entity | Individual |
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| Max Price | ₹1,302.33 |
| Entity | Individual |
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| Max Price | ₹1,267.50 |
| Entity | Individual |
| Shares | 46,000 |
| Max Price | ₹1,279.85 |
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| Max Price | ₹1,276.00 |
| Entity | Individual |
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| Max Price | ₹1,280.72 |
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| Max Price | ₹1,295.00 |
| Entity | Individual |
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| Max Price | ₹1,290.00 |
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| Max Price | ₹1,253.55 |
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| Max Price | ₹1,371.72 |
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| Max Price | ₹1,355.52 |
| Entity | Individual |
| Shares | 1,800 |
| Max Price | ₹1,356.11 |
| Entity | Individual |
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| Max Price | ₹1,385.00 |
| Entity | Individual |
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| Max Price | ₹1,349.69 |
| Entity | Individual |
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| Max Price | ₹1,379.48 |
| Entity | Individual |
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| Max Price | ₹1,333.66 |
| Entity | Individual |
| Shares | 3,000 |
| Max Price | ₹1,385.14 |
| Entity | Individual |
| Shares | 2,000 |
| Max Price | ₹1,355.52 |
| Entity | Individual |
| Shares | 3,000 |
| Max Price | ₹1,369.59 |
| Entity | Individual |
| Shares | 5,000 |
| Max Price | ₹1,409.39 |
| Entity | Individual |
| Shares | 2,000 |
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| Entity | Individual |
| Shares | 1,000 |
| Max Price | ₹1,418.26 |
| Entity | Individual |
| Shares | 2,000 |
| Max Price | ₹1,366.56 |
| Entity | Individual |
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| Max Price | ₹1,401.00 |
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| Max Price | ₹1,411.51 |
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| Max Price | ₹1,415.00 |
| Entity | Individual |
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| Max Price | ₹1,404.00 |
| Entity | Individual |
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| Max Price | ₹1,369.22 |
| Entity | Individual |
| Shares | 1,000 |
| Max Price | ₹1,366.00 |
| Entity | Individual |
| Shares | 7,410 |
| Max Price | ₹1,373.90 |
| Entity | Individual |
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| Max Price | ₹1,357.85 |
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| Max Price | ₹1,377.00 |
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| Max Price | ₹1,368.00 |
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| Max Price | ₹1,330.00 |
| Entity | Individual |
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| Max Price | ₹1,365.00 |
| Entity | Individual |
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| Max Price | ₹1,350.00 |
| Entity | Individual |
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| Max Price | ₹1,344.25 |
| Entity | Individual |
| Shares | 1,000 |
| Max Price | ₹1,328.00 |
| Entity | Individual |
| Role | Member of the Board of Directors Executive Director |
| Shares | 1,300 |
| Max Price | ₹1,362.00 |
| Entity | Individual |
| Shares | 2,600 |
| Max Price | ₹1,353.50 |
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| Max Price | ₹1,343.15 |
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| Max Price | ₹1,301.51 |
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| Max Price | ₹1,300.00 |
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| Max Price | ₹1,293.45 |
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| Max Price | ₹1,280.21 |
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| Max Price | ₹1,277.05 |
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| Max Price | ₹1,225.00 |
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| Max Price | ₹1,224.96 |
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| Max Price | ₹1,227.68 |
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| Entity | Individual |
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| Shares | 21,000 |
| Max Price | ₹1,310.93 |
| Entity | Individual |
| Shares | 900 |
| Max Price | ₹1,275.00 |
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| Max Price | ₹1,289.09 |
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| Max Price | ₹1,313.00 |
| Entity | Individual |
| Shares | 800 |
| Max Price | ₹1,290.00 |
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| Shares | 1,000 |
| Max Price | ₹1,283.80 |
| Entity | Individual |
| Shares | 1,100 |
| Max Price | ₹1,275.75 |
| Entity | Individual |
| Shares | 900 |
| Max Price | ₹1,270.00 |
| Entity | Individual |
| Shares | 1,000 |
| Max Price | ₹1,254.38 |
| Entity | Individual |
| Shares | 1,000 |
| Max Price | ₹1,240.00 |
| Entity | Individual |
| Shares | 10,000 |
| Max Price | ₹1,241.00 |
| Entity | Individual |
| Shares | 1,000 |
| Max Price | ₹1,233.93 |
| Entity | Individual |
| Shares | 11,000 |
| Max Price | ₹1,260.00 |
| Entity | Individual |
| Shares | 14,500 |
| Max Price | ₹1,245.05 |
| Entity | Individual |
| Shares | 900 |
| Max Price | ₹1,248.00 |
| Entity | Individual |
| Shares | 1,000 |
| Max Price | ₹1,240.00 |
| Entity | Individual |
| Shares | 16,000 |
| Max Price | ₹1,231.25 |
| Entity | Individual |
| Shares | 1,000 |
| Max Price | ₹1,230.74 |
| Entity | Individual |
| Shares | 900 |
| Max Price | ₹1,232.50 |
| Entity | Individual |
| Shares | 1,000 |
| Max Price | ₹1,200.00 |
| Entity | Individual |
| Shares | 1,000 |
| Max Price | ₹1,094.02 |
| Entity | Individual |
| Shares | 3,000 |
| Max Price | ₹1,122.03 |
| Entity | Individual |
| Shares | 880 |
| Max Price | ₹1,138.50 |
| Entity | Individual |
| Shares | 1,000 |
| Max Price | ₹1,182.76 |
| Entity | Individual |
| Shares | 3,000 |
| Max Price | ₹1,157.44 |
| Entity | Individual |
| Shares | 1,000 |
| Max Price | ₹1,144.30 |
| Entity | Individual |
| Shares | 3,000 |
| Max Price | ₹1,111.33 |
| Entity | Individual |
| Shares | 4,000 |
| Max Price | ₹1,144.05 |
| Entity | Individual |
| Shares | 1,500 |
| Max Price | ₹1,076.19 |
Ownership Breakdown
Management Team
Mukesh Ambani (62yo)
Chairman & MD
- Tenure: 17.3yrs
- Compensation: ₹150.00m
Nikhil Meswani (53yo)
Executive Director
- Tenure: 33.3yrs
- Compensation: ₹205.70m
Hital Meswani (50yo)
Executive Director
- Tenure: 24.2yrs
- Compensation: ₹205.70m
Vinod Ambani
President
- Tenure: 0yrs
K. Sethuraman (72yo)
Group Company Secretary & Chief Compliance Officer
- Tenure: 8.3yrs
Panda Madhu Sudana Prasad (67yo)
Executive Director
- Tenure: 10.2yrs
- Compensation: ₹100.00m
Alok Agarwal (61yo)
Chief Financial Officer
- Tenure: 14.8yrs
Pawan Kapil (73yo)
Executive Director
- Tenure: 9.4yrs
- Compensation: ₹41.70m
Srikanth Venkatachari (53yo)
Joint Chief Financial Officer
- Tenure: 0yrs
Savithri Parekh
Joint Company Secretary & Compliance Officer
- Tenure: 0.6yrs
Board Members
Dipak Jain (62yo)
Independent Director
- Tenure: 14.2yrs
- Compensation: ₹17.50m
Mukesh Ambani (62yo)
Chairman & MD
- Tenure: 17.3yrs
- Compensation: ₹150.00m
Nikhil Meswani (53yo)
Executive Director
- Tenure: 33.3yrs
- Compensation: ₹205.70m
Hital Meswani (50yo)
Executive Director
- Tenure: 24.2yrs
- Compensation: ₹205.70m
Yogendra Trivedi (90yo)
Independent Director
- Tenure: 27.5yrs
- Compensation: ₹20.10m
Panda Madhu Sudana Prasad (67yo)
Executive Director
- Tenure: 10.2yrs
- Compensation: ₹100.00m
Adil Zainulbhai (66yo)
Independent Director
- Tenure: 5.8yrs
- Compensation: ₹19.50m
Raghunath Mashelkar (76yo)
Independent Director
- Tenure: 12.3yrs
- Compensation: ₹19.90m
Pawan Kapil (73yo)
Executive Director
- Tenure: 9.4yrs
- Compensation: ₹41.70m
Nita Ambani (57yo)
Non-Executive Non-Independent Director
- Tenure: 5.3yrs
- Compensation: ₹17.20m
Company Information
Reliance Industries Limited's company bio, 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
- Market Cap: ₹8.394t
- Shares outstanding: 5.93b
- Website: https://www.ril.com
Number of Employees
Location
- Reliance Industries Limited
- Maker Chambers - IV
- 3rd Floor
- Mumbai
- Maharashtra
- 400021
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| RELIN | BDL (Bourse de Luxembourg) | SPON GDR EACH REP 2 ORD SHS 144A | LU | USD | Feb 1993 | |
| RLI | DB (Deutsche Boerse AG) | SPON GDR EACH REP 2 ORD SHS 144A | DE | EUR | Feb 1993 | |
| RIGD | LSE (London Stock Exchange) | SPON GDR EACH REP 2 ORD SHS 144A | GB | USD | Feb 1993 | |
| RIGDL | BATS-CHIXE (BATS 'Chi-X Europe') | SPON GDR EACH REP 2 ORD SHS 144A | GB | USD | Feb 1993 | |
| RLI | WBAG (Wiener Boerse AG) | SPON GDR EACH REP 2 ORD SHS 144A | AT | EUR | Feb 1993 | |
| 500325 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Nov 1995 |
| RELIANCE | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Nov 1995 |
Biography
Reliance Industries Limited engages in the hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail, textile, and digital service businesses worldwide. The company p ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/21 12:45 |
| End of Day Share Price | 2019/10/18 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2019/03/31 |
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.