Reliance Industries
Market Cap
₹13.4t
Last Updated
2020/08/14 19:28 UTC
Data Sources
Company Financials +
Executive Summary
Reliance Industries Limited engages in the hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail, digital, and financial services worldwide.
Rewards
Risk Analysis
Snowflake Analysis
Solid track record with reasonable growth potential and pays a dividend.
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
Stable Share Price: RELIANCE's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-1.5%
RELIANCE
-1.3%
IN Oil and Gas
0.2%
IN Market
1 Year Return
65.4%
RELIANCE
27.3%
IN Oil and Gas
3.3%
IN Market
Return vs Industry: RELIANCE exceeded the Indian Oil and Gas industry which returned 28.1% over the past year.
Return vs Market: RELIANCE exceeded the Indian Market which returned 4.3% over the past year.
Shareholder returns
| RELIANCE | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.5% | -1.3% | 0.2% |
| 30 Day | 14.6% | 11.6% | 6.0% |
| 90 Day | 44.8% | 34.6% | 22.4% |
| 1 Year | 67.6%65.4% | 32.1%27.3% | 5.2%3.3% |
| 3 Year | 175.1%168.4% | 50.3%34.9% | 3.2%-1.7% |
| 5 Year | 385.8%365.6% | 125.1%84.8% | 33.2%23.2% |
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
Reliance Industries Limited's (NSE:RELIANCE) 0.3% Dividend Yield Looks Pretty Interesting1 month ago | Simply Wall St
Be Sure To Check Out Reliance Industries Limited (NSE:RELIANCE) Before It Goes Ex-Dividend1 month ago | Simply Wall St
Is Reliance Industries Limited (NSE:RELIANCE) Overpaying Its CEO?Valuation
Is Reliance Industries undervalued compared to its fair value and its price relative to the market?
6.2%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: RELIANCE (₹2113.8) is trading below our estimate of fair value (₹2254.24)
Significantly Below Fair Value: RELIANCE is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: RELIANCE is poor value based on its PE Ratio (28.4x) compared to the IN Oil and Gas industry average (11.2x).
PE vs Market: RELIANCE is poor value based on its PE Ratio (28.4x) compared to the Indian market (14.6x).
Price to Earnings Growth Ratio
PEG Ratio: RELIANCE is poor value based on its PEG Ratio (1.1x)
Price to Book Ratio
PB vs Industry: RELIANCE is overvalued based on its PB Ratio (2.8x) compared to the IN Oil and Gas industry average (1.1x).
Next Steps
Future Growth
How is Reliance Industries forecast to perform in the next 1 to 3 years based on estimates from 24 analysts?
25.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RELIANCE's forecast earnings growth (25.3% per year) is above the savings rate (7.2%).
Earnings vs Market: RELIANCE's earnings (25.3% per year) are forecast to grow faster than the Indian market (24.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: RELIANCE's revenue (17.3% per year) is forecast to grow faster than the Indian market (10.6% per year).
High Growth Revenue: RELIANCE's revenue (17.3% 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%).
Next Steps
Past Performance
How has Reliance Industries performed over the past 5 years?
12.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RELIANCE has high quality earnings.
Growing Profit Margin: RELIANCE's current net profit margins (8.9%) are higher than last year (6.6%).
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 (16.6%) exceeds its 5-year average (12.7% per year).
Earnings vs Industry: RELIANCE earnings growth over the past year (16.6%) exceeded the Oil and Gas industry -5.9%.
Return on Equity
High ROE: RELIANCE's Return on Equity (10.3%) is considered low.
Next Steps
Financial Health
How is Reliance Industries's financial position?
Financial Position Analysis
Short Term Liabilities: RELIANCE's short term assets (₹2,582.6B) do not cover its short term liabilities (₹4,129.2B).
Long Term Liabilities: RELIANCE's short term assets (₹2,582.6B) do not cover its long term liabilities (₹2,916.5B).
Debt to Equity History and Analysis
Debt Level: RELIANCE's debt to equity ratio (72.9%) is considered high.
Reducing Debt: RELIANCE's debt to equity ratio has increased from 72.5% to 72.9% over the past 5 years.
Debt Coverage: RELIANCE's debt is well covered by operating cash flow (29.2%).
Interest Coverage: RELIANCE's interest payments on its debt are well covered by EBIT (5.5x coverage).
Balance Sheet
Next Steps
Dividend
What is Reliance Industries's current dividend yield, its reliability and sustainability?
0.31%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: RELIANCE's dividend (0.31%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.6%).
High Dividend: RELIANCE's dividend (0.31%) is low compared to the top 25% of dividend payers in the Indian market (2.51%).
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 (8.7%), 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 (8.7% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
15.6yrs
Average management tenure
CEO
Mukesh Ambani (63 yo)
18.08yrs
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 ($USD2.00M) is above average for companies of similar size in the Indian market ($USD1.33M).
Compensation vs Earnings: Mukesh's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 18.08yrs | ₹150.00m | 0.76% ₹ 101.4b | |
| Joint Chief Financial Officer | no data | ₹140.00m | 0.0051% ₹ 685.8m | |
| Chief Financial Officer | 15.58yrs | ₹120.00m | 0.013% ₹ 1.7b | |
| Group Company Secretary & Chief Compliance Officer | 9.08yrs | ₹30.00m | no data | |
| Executive Director | 34.17yrs | ₹239.90m | 0.029% ₹ 3.9b | |
| Executive Director | 25yrs | ₹240.00m | 0.027% ₹ 3.6b | |
| Executive Director | 11yrs | ₹111.50m | 0.00063% ₹ 84.6m | |
| Executive Director | 10.25yrs | ₹40.40m | 0.00089% ₹ 119.4m | |
| Joint Company Secretary & Compliance Officer | 1.42yrs | ₹20.00m | no data | |
| President | no data | no data | 0.0013% ₹ 167.8m | |
| President of Technology | no data | no data | 0.0018% ₹ 234.9m | |
| Vice President of Investor Relations | 20.17yrs | no data | 0.000050% ₹ 6.7m |
15.6yrs
Average Tenure
62.5yo
Average Age
Experienced Management: RELIANCE's management team is seasoned and experienced (15.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 18.08yrs | ₹150.00m | 0.76% ₹ 101.4b | |
| Executive Director | 34.17yrs | ₹239.90m | 0.029% ₹ 3.9b | |
| Executive Director | 25yrs | ₹240.00m | 0.027% ₹ 3.6b | |
| Executive Director | 11yrs | ₹111.50m | 0.00063% ₹ 84.6m | |
| Executive Director | 10.25yrs | ₹40.40m | 0.00089% ₹ 119.4m | |
| Independent Director | 15yrs | ₹12.40m | no data | |
| Independent Director | 28.33yrs | ₹14.80m | 0.0010% ₹ 135.6m | |
| Independent Director | 6.67yrs | ₹14.40m | no data | |
| Independent Director | 13.17yrs | ₹14.60m | no data | |
| Independent Director | 1.83yrs | ₹13.20m | no data | |
| Non-Executive Non-Independent Director | 6.17yrs | ₹12.20m | 0.13% ₹ 17.0b | |
| Independent Director | 5.17yrs | ₹14.00m | 0.00019% ₹ 25.5m |
12.1yrs
Average Tenure
65.5yo
Average Age
Experienced Board: RELIANCE's board of directors are seasoned and experienced ( 12.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: RELIANCE insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7.1%.
Top Shareholders
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: ₹13.421t
- Shares outstanding: 6.35b
- 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 |
| 890147 | BSE (Mumbai Stock Exchange) | INR10 (PPD INR314.25 UPD INR942.75) | IN | INR | Jun 2020 | |
| RELIANCEPP | NSEI (National Stock Exchange of India) | INR10 (PPD INR314.25 UPD INR942.75) | IN | INR | Jun 2020 |
Biography
Reliance Industries Limited engages in the hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail, digital, and financial services worldwide. The company produces ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/08/14 19:28 |
| End of Day Share Price | 2020/08/14 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2020/03/31 |
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.