Petroleum Products
Valuation | |
|---|---|
| Market Cap | 18.68 LCr |
| Price/Earnings (Trailing) | 22.92 |
| Price/Sales (Trailing) | 1.83 |
| EV/EBITDA | 10.62 |
| Price/Free Cashflow | 48.24 |
| MarketCap/EBT | 15.58 |
| Enterprise Value | 21.09 LCr |
Fundamentals | |
|---|---|
| Revenue (TTM) | 10.22 LCr |
| Rev. Growth (Yr) | 9.8% |
| Earnings (TTM) | 94.65 kCr |
| Earnings Growth (Yr) | 76.5% |
Profitability | |
|---|---|
| Operating Margin | 12% |
| EBT Margin | 12% |
| Return on Equity | 9.37% |
| Return on Assets | 4.85% |
| Free Cashflow Yield | 2.07% |
Growth & Returns | |
|---|---|
| Price Change 1W | 1.3% |
| Price Change 1M | 0.30% |
| Price Change 6M | 13.3% |
| Price Change 1Y | 0.70% |
| 3Y Cumulative Return | 8.9% |
| 5Y Cumulative Return | 6.4% |
| 7Y Cumulative Return | 15.4% |
| 10Y Cumulative Return | 21.3% |
Cash Flow & Liquidity | |
|---|---|
| Cash Flow from Investing (TTM) | -1.38 LCr |
| Cash Flow from Operations (TTM) | 1.79 LCr |
| Cash Flow from Financing (TTM) | -31.89 kCr |
| Cash & Equivalents | 1.07 LCr |
| Free Cash Flow (TTM) | 38.74 kCr |
| Free Cash Flow/Share (TTM) | 28.62 |
Balance Sheet | |
|---|---|
| Total Assets | 19.5 LCr |
| Total Liabilities | 9.4 LCr |
| Shareholder Equity | 10.1 LCr |
| Current Assets | 4.99 LCr |
| Current Liabilities | 4.54 LCr |
| Net PPE | 6.83 LCr |
| Inventory | 1.46 LCr |
| Goodwill | 24.53 kCr |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.18 |
| Debt/Equity | 0.34 |
| Interest Coverage | 3.72 |
| Interest/Cashflow Ops | 8.04 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 5.5 |
| Dividend Yield | 0.40% |
| Shares Dilution (1Y) | 0.00% |
| Shares Dilution (3Y) | 0.00% |
Updated Oct 12, 2025
Shares of Reliance Industries Ltd fell 4.7% after reporting a nearly 30% drop in revenue from its oil-to-chemicals business.
Reliance experienced an 8.69% decline in its stock value following a disappointing 15% drop in quarterly profit due to the pandemic's impact.
Benchmark indices closed lower as selling pressure on Reliance Industries led to profit booking ahead of the earnings season.
Reliance Industries' stock is projected to have a potential upside of 19-20% based on analyst ratings.
The company is expected to report a 12% year-on-year increase in consolidated EBITDA across its segments.
Indian shares rallied with Reliance Industries contributing significantly to the market's gains.
This information is AI-generated and may contain inaccuracies. Please verify from multiple sources.
Summary of Reliance Industries's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
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During the earnings call on July 18, 2025, the management of Reliance Industries Limited provided an optimistic outlook for the company, emphasizing multi-decade growth opportunities across various sectors. The key highlights included:
Digital Services and Jio: The Jio segment reported a 19% increase in revenue and a 24% rise in EBITDA. The company now serves approximately 498 million subscribers, reflecting strong traction in connectivity and technology development.
Retail Growth: Revenue growth in retail reached 11%, with notable performances in multi-category and multi-format distribution. The EBITDA margins increased by 20 basis points year-on-year, with rising consumer demand anticipated as expansion resumes.
New Energy Initiatives: Management highlighted the construction of advanced, integrated manufacturing facilities for solar and battery production. They aim to start operationalizing the new energy ecosystem in 4 to 6 quarters, enhancing the company's growth trajectory in sustainable energy.
Media and Entertainment: The newly formed JioStar platform achieved significant viewership during the IPL, reaching 652 million on digital and 537 million on TV, demonstrating the potential for high viewer engagement and monetization.
Financial Performance: Total EBITDA for the group rose to Rs.58,000 crores, a 36% increase, supported by strong growth across digital services, retail, and O2C sectors. The effective tax rate remained at 17.5%, facilitated by a significant capital gain from the sale of shares in Asian Paints.
Future Direction: Management reiterated their commitment to doubling the company's value by the end of the decade, as outlined by the Chairman previously.
Capital Expenditure: For the year, the company has allocated a capex of Rs.30,000 crores, focusing on bolstering growth while managing debt levels effectively, with a current net debt to EBITDA ratio of 0.59.
These points underline Reliance's robust growth trajectory and the strategic focus on technological advancements, sustainable energy, and diversified retail operations, positioning them well for future opportunities.
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Question 1: What is the cost differential between UBR and FWA, and is UBR a long-term solution?
Answer: The cost difference in CPE devices is not large, but the network equipment for UBR is more economical. UBR is a long-term solution and can run for decades. It is preferable when fiber is not already available. There's confidence in UBR's sustainability due to available spectrum, making it a cost-effective long-term solution compared to last-mile fiber.
Question 2: What is the sustainability of the recent 2.6 million FBB additions?
Answer: The addition rate has remained steady post-IPL, with some promotional offers still in place to drive usage. Our net addition run rate has actually picked up, indicating sustained growth beyond IPL, with some months seeing over a million net ads.
Question 3: Has retail revenue growth moderated due to strategic changes, and which categories are affected?
Answer: The moderation is primarily within consumer electronics due to seasonality and demand impacts. Grocery and fashion performed reasonably well. Q1 is typically the weakest quarter seasonally, but we expect a rebound in growth as we continue to add stores and ramp up for the festive season.
Question 4: How have margins remained stable despite lower revenues in retail?
Answer: Margin stability is due to operational optimization and cost discipline from previous store closures. Although we have incurred costs related to streamlining, benefits are starting to flow through, and as sales grow, we expect margins to improve at the segment level in subsequent quarters.
Question 5: What is the expected growth trajectory for Jio Platforms' various digital services?
Answer: The growth from digital services is expected to be sustainable. Cloud services are a significant driver of revenue growth, and as we launch more services, revenues will increase. Current performance suggests that the enterprise segment has been improving, supporting our optimistic outlook for ongoing growth.
Question 6: Are dark stores part of the strategy for quick commerce, and how does that affect competition?
Answer: We are indeed building dark stores to enhance our capability in cities where our existing stores can't meet demand. They are designed to supplement our stores and address market gaps. Our strategy focuses on leveraging existing infrastructure for better economics rather than pursuing inorganic growth, as it provides a competitive advantage in high-demand regions.
Question 7: When can we expect to see the integration of production for new energy projects?
Answer: We will not wait for all factories to complete; integrated production will begin as each part comes online. We are already looking for external sales opportunistically, but our primary focus is on meeting our significant internal requirements first, leveraging our position as a solution provider.
Question 8: With new energy initiatives, what are the main projects impacting profitability in the medium term?
Answer: Key projects include new energy initiatives, Jio expansion, and retail enhancements. Although they won't deliver immediate profitability, they are designed to generate significant long-term value through their scale and integrated operations, supporting the group's financial targets effectively.
Analysis of Reliance Industries's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
Last Updated: Jun 30, 2025
| Description | Share | Value |
|---|---|---|
| Oil to Chemicals (O2C) | 50.7% | 1.5 LCr |
| Retail | 27.6% | 84.2 kCr |
| Digital Services | 13.7% | 41.9 kCr |
| Others | 6.0% | 18.5 kCr |
| Oil and Gas | 2.0% | 6.1 kCr |
| Total | 3.1 LCr |
Understand Reliance Industries ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| Srichakra Commercials LLP | 11.14% |
| Devarshi Commercials LLP | 8.22% |
| Karuna Commercials LLP | 8.22% |
| Tattvam Enterprises LLP | 8.22% |
| Life Insurance Corporation of India | 6.93% |
| Reliance Industries Holding Private Ltd | 4.58% |
| Reliance Industrial Investments and Holdings Limited | 3.63% |
| Reliance Services and Holdings Limited a company controlled by Petroleum Trust | 2.59% |
| SBI Mutual Funds | 2.54% |
| Samarjit Enterprises LLP | 1.88% |
| ICICI Prudential Mutual Funds | 1.5% |
| K D Ambani | 0.24% |
| Shreeji Comtrade LLP | 0.22% |
| Shrikrishna Tradecom LLP | 0.22% |
| Svar Enterprises LLP | 0.2% |
| Mukesh D Ambani | 0.12% |
| Nita M Ambani | 0.12% |
| Isha M Ambani | 0.12% |
| Akash M Ambani | 0.12% |
| Anant M Ambani | 0.12% |
Distribution across major stakeholders
Distribution across major institutional holders
Detailed comparison of Reliance Industries against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| BHARTIARTL | Bharti Airtel | 11.82 LCr | 1.86 LCr | +2.60% | +15.60% | 31.79 | 6.37 | - | - |
| ONGC | Oil And Natural Gas Corp | 3.1 LCr | 6.7 LCr | +6.30% | -14.70% | 8.6 | 0.46 | - | - |
| IOC | Indian Oil Corp | 2.18 LCr | 8.65 LCr | +9.20% | -6.20% | 12.56 | 0.25 | - | - |
| BPCL | Bharat Petroleum Corpn. | 1.47 LCr | 5.05 LCr | +6.50% | +1.00% | 8.35 | 0.29 | - | - |
| GAIL | Gail (India) | 1.18 LCr | 1.44 LCr | +3.00% | -20.60% | 10.12 | 0.82 | - | - |
| HINDPETRO | Hindustan Petroleum Corp | 96.28 kCr | 4.68 LCr | +15.30% | +15.30% | 9.43 | 0.21 | - | - |
Comprehensive comparison against sector averages
RELIANCE metrics compared to Petroleum
| Category | RELIANCE | Petroleum |
|---|---|---|
| PE | 22.92 | 17.09 |
| PS | 1.83 | 0.79 |
| Growth | 6.9 % | 1 % |
Reliance Industries is a major Refineries & Marketing company with the stock ticker RELIANCE.
With a market capitalization of Rs. 1,850,961.7 Crores, the company operates on a global scale, engaging in a diverse range of sectors including:
Reliance Industries Limited organizes its operations into several segments: Oil to Chemicals, Oil and Gas, Retail, Digital Services, and Others.
The company is involved in the production and marketing of various petroleum products such as:
Additionally, it manufactures a broad array of petrochemicals including:
Furthermore, Reliance Industries produces yarns, fabrics, and apparel and operates stores ranging from neighborhood outlets to hypermarkets. The company also provides various digital services under the Jio brand, including television, gaming, broadband, and telecommunication services.
Founded in 1957 and based in Mumbai, India, Reliance Industries has shown impressive financial performance, with a trailing twelve-month revenue of Rs. 973,885 Crores. The company also distributes dividends to its investors, boasting a dividend yield of 0.78% per year—having returned Rs. 9.5 in dividends per share over the last twelve months. Notably, the company has experienced a revenue growth of 43.1% over the past three years.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
RELIANCE vs Petroleum (2021 - 2025)