Reliance Industries Limited

NSEI:RELIANCE Stock Report

Market Cap: ₹15.4t

Reliance Industries Management

Management criteria checks 3/4

Reliance Industries' CEO is Mukesh Ambani, appointed in Jul 2002, has a tenure of 22.42 years. directly owns 0.75% of the company’s shares, worth ₹116.10B. The average tenure of the management team and the board of directors is 3.6 years and 6.8 years respectively.

Key information

Mukesh Ambani

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure22.4yrs
CEO ownership0.8%
Management average tenure3.6yrs
Board average tenure6.8yrs

Recent management updates

Recent updates

The Market Doesn't Like What It Sees From Reliance Industries Limited's (NSE:RELIANCE) Earnings Yet

Dec 03
The Market Doesn't Like What It Sees From Reliance Industries Limited's (NSE:RELIANCE) Earnings Yet

We Think Reliance Industries (NSE:RELIANCE) Is Taking Some Risk With Its Debt

Sep 19
We Think Reliance Industries (NSE:RELIANCE) Is Taking Some Risk With Its Debt

Reliance Industries' (NSE:RELIANCE) Upcoming Dividend Will Be Larger Than Last Year's

Aug 08
Reliance Industries' (NSE:RELIANCE) Upcoming Dividend Will Be Larger Than Last Year's

Subdued Growth No Barrier To Reliance Industries Limited's (NSE:RELIANCE) Price

Jul 16
Subdued Growth No Barrier To Reliance Industries Limited's (NSE:RELIANCE) Price

Does Reliance Industries (NSE:RELIANCE) Deserve A Spot On Your Watchlist?

Jun 28
Does Reliance Industries (NSE:RELIANCE) Deserve A Spot On Your Watchlist?

Does Reliance Industries (NSE:RELIANCE) Have A Healthy Balance Sheet?

May 22
Does Reliance Industries (NSE:RELIANCE) Have A Healthy Balance Sheet?

Additional Considerations Required While Assessing Reliance Industries' (NSE:RELIANCE) Strong Earnings

May 02
Additional Considerations Required While Assessing Reliance Industries' (NSE:RELIANCE) Strong Earnings

Earnings Update: Reliance Industries Limited (NSE:RELIANCE) Just Reported Its Annual Results And Analysts Are Updating Their Forecasts

Apr 25
Earnings Update: Reliance Industries Limited (NSE:RELIANCE) Just Reported Its Annual Results And Analysts Are Updating Their Forecasts

Little Excitement Around Reliance Industries Limited's (NSE:RELIANCE) Earnings

Apr 08
Little Excitement Around Reliance Industries Limited's (NSE:RELIANCE) Earnings

With EPS Growth And More, Reliance Industries (NSE:RELIANCE) Makes An Interesting Case

Feb 09
With EPS Growth And More, Reliance Industries (NSE:RELIANCE) Makes An Interesting Case

Analyst Estimates: Here's What Brokers Think Of Reliance Industries Limited (NSE:RELIANCE) After Its Third-Quarter Report

Jan 22
Analyst Estimates: Here's What Brokers Think Of Reliance Industries Limited (NSE:RELIANCE) After Its Third-Quarter Report

Is Reliance Industries (NSE:RELIANCE) Using Too Much Debt?

Jan 21
Is Reliance Industries (NSE:RELIANCE) Using Too Much Debt?

There Is A Reason Reliance Industries Limited's (NSE:RELIANCE) Price Is Undemanding

Jan 03
There Is A Reason Reliance Industries Limited's (NSE:RELIANCE) Price Is Undemanding

CEO Compensation Analysis

How has Mukesh Ambani's remuneration changed compared to Reliance Industries's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹679b

Jun 30 2024n/an/a

₹687b

Mar 31 2024n/an/a

₹696b

Dec 31 2023n/an/a

₹699b

Sep 30 2023n/an/a

₹683b

Jun 30 2023n/an/a

₹648b

Mar 31 2023n/an/a

₹663b

Dec 31 2022n/an/a

₹636b

Sep 30 2022n/an/a

₹635b

Jun 30 2022n/an/a

₹636b

Mar 31 2022n/an/a

₹562b

Dec 31 2021n/an/a

₹541b

Sep 30 2021n/an/a

₹516b

Jun 30 2021n/an/a

₹425b

Mar 31 2021n/an/a

₹435b

Dec 31 2020n/an/a

₹417b

Sep 30 2020n/an/a

₹452b

Jun 30 2020n/an/a

₹469b

Mar 31 2020₹150m₹44m

₹438b

Dec 31 2019n/an/a

₹435b

Sep 30 2019n/an/a

₹420b

Jun 30 2019n/an/a

₹402b

Mar 31 2019₹150m₹45m

₹396b

Dec 31 2018n/an/a

₹387b

Sep 30 2018n/an/a

₹378b

Jun 30 2018n/an/a

₹364b

Mar 31 2018₹150m₹45m

₹361b

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.

CEO

Mukesh Ambani (67 yo)

22.4yrs

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...

Leadership Team

NamePositionTenureCompensationOwnership
Mukesh Ambani
Chairman & MD22.4yrsno data0.75%
₹ 116.1b
Nikhil Meswani
Executive Directorno data₹253.10m0.056%
₹ 8.7b
Hital Meswani
Executive Directorno data₹254.20m0.054%
₹ 8.3b
Panda Madhusudana Prasad
Executive Directorno data₹179.30m0.010%
₹ 1.5b
Parul Sharma
Group President1.5yrsno datano data
Srikanth Venkatachari
Chief Financial Officer1.5yrs₹170.00mno data
Hemen Modi
Vice President of Investor Relations24.5yrsno datano data
Savithri Parekh
Company Secretary & Compliance Officer5.8yrs₹30.00mno data
Rohit Bansal
Group Head of Communicationsno datano datano data
Mukund Pendse
Marketing Managerno datano datano data
Ira Bindra
Group President - People & Talentno datano datano data
Parimal Nathwani
Group President of Corporate Affairs & Projectsno datano datano data

3.6yrs

Average Tenure

58yo

Average Age

Experienced Management: RELIANCE's management team is considered experienced (3.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Mukesh Ambani
Chairman & MD27.7yrsno data0.75%
₹ 116.1b
Nikhil Meswani
Executive Director38.5yrs₹253.10m0.056%
₹ 8.7b
Hital Meswani
Executive Director29.3yrs₹254.20m0.054%
₹ 8.3b
Panda Madhusudana Prasad
Executive Director15.3yrs₹179.30m0.010%
₹ 1.5b
Kundapur Kamath
Independent Director1.9yrs₹23.50m0.000080%
₹ 12.3m
Shumeet Banerji
Independent Non-Executive Director7.4yrs₹24.70m0.00023%
₹ 35.4m
Arundhati Bhattacharya
Independent Non-Executive Director6.2yrs₹24.20m0%
₹ 0
Yasir Bin Othman H. Al-Rumayyan
Non-Executive Independent Director3.4yrs₹23.00mno data
Akash Ambani
Non-Executive Director1.3yrs₹10.10mno data
Raminder Gujral
Independent Non-Executive Director9.5yrs₹25.50m0.00020%
₹ 30.8m
Kosaraju Chowdary
Independent Director5.2yrs₹26.60mno data
Anant Ambani
Non-Executive Director1.3yrs₹10.10mno data

6.8yrs

Average Tenure

67yo

Average Age

Experienced Board: RELIANCE's board of directors are considered experienced (6.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 01:11
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Reliance Industries Limited is covered by 77 analysts. 35 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Vivekanand SubbaramanAmbit Capital
Nitin BhasinAmbit Capital
Vishwas KatelaAnand Rathi Shares and Stock Brokers Limited