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Market Watch

Reliance Industries Ltd.

Overview
News
Financials
Technicals
Peers
Shareholdings
MF
F&O
Corporate Actions
About

Reliance Industries Ltd.

2,085.80-58.55 (-2.73%)

Closed
As On: 26 Feb, 2021, 03:59 PM IST
As On: 26 Feb, 2021, 04:00 PM IST

Sector: Diversified
Industry: Diversified

OPEN TRADING A/C

Open2,117.00
High2,133.90
Low2,070.70
Prev Close2,144.35
Volume1,72,97,575
VWAP(₹)2,096.68

Insights

Rank 1 - ET 5002020 ranking

Q3 – Declining interest cost
Interest costs dipped as the impact of debt reduction after recent fund-raising in different verticals becomes visible. This trend might continue as further inflows from rights issue come in May and November 2021.
Retail, the next move
The next round of expansion would come in retail. Clarity on RII’s deal with the Future Group is what needs to be watched. Whether the execution in retail would be as smooth as in the telecom business is the x-factor for the company.
Next trigger -- increase in ARPU
In order to gain and retain its market share, RIL is still continuing with it low tariff strategy in Jio. Once the regime of low telecom pricing is over, an increase in its ARPU (Average Revenue Per User) should help in improving net margins of the telecom business.
No major capex in sight
With capex on telecom arm Jio behind, there is no major capital expenditure on the cards. Net cash flows should improve in the near term.

Found Insights useful?

Key Metrics

PE Ratio(x)33.38
EPS - TTM(₹)62.48
MCap(₹ Cr.)14,06,307
MCap Rank1
PB Ratio(x)1.85
Div Yield(%)0.26
Face Value(₹)10.00
52W High(₹)2,369.35
52W Low(₹)867.06
MCap/Sales1.18
Beta(1 Month)-0.34
BV/Share(₹)682.26

Returns

1 Day-2.73%
1 Month7.46%
3 Months6.82%
1 Year49.84%
3 Years122.2%
5 Years338.95%

RIL News & Analysis

View all News & Announcements

RIL Recommendations

Target₹2325
OrganizationMotilal Oswal Financial Services
BUY

View all Recommendations

Financials

Income (P&L)

	Dec 2020	Sep 2020	Jun 2020	Mar 2020	Dec 2019
Total Income	1,28,450.00	1,20,444.00	92,641.00	1,40,373.00	1,56,584.00
Total Income Growth (%)	6.65	30.01	-34.00	-10.35	2.92
Total Expenses	1,09,217.00	1,03,876.00	72,720.00	1,25,057.00	1,36,275.00
Total Expenses Growth (%)	5.14	42.84	-41.85	-8.23	3.48
EBIT	19,233.00	16,568.00	19,921.00	15,316.00	20,309.00
EBIT Growth (%)	16.09	-16.83	30.07	-24.59	-0.69
Profit after Tax (PAT)	13,101.00	9,567.00	13,233.00	6,348.00	11,640.00
PAT Growth (%)	36.94	-27.70	108.46	-45.46	3.36
EBIT Margin (%)	14.97	13.76	21.50	10.91	12.97
Net Profit Margin (%)	10.20	7.94	14.28	4.52	7.43
Basic EPS (₹)	20.33	14.84	20.69	10.01	18.36

	Dec 2020	Sep 2020	Jun 2020	Mar 2020	Dec 2019
Total Income	71,016.00	65,410.00	51,672.00	77,902.00	90,243.00
Total Income Growth (%)	8.57	26.59	-33.67	-13.68	-0.58
Total Expenses	61,035.00	55,832.00	38,087.00	69,543.00	75,969.00
Total Expenses Growth (%)	9.32	46.59	-45.23	-8.46	0.24
EBIT	9,981.00	9,578.00	13,585.00	8,359.00	14,274.00
EBIT Growth (%)	4.21	-29.50	62.52	-41.44	-4.70
Profit after Tax (PAT)	8,628.00	6,546.00	9,753.00	2,580.00	9,585.00
PAT Growth (%)	31.81	-32.88	278.02	-73.08	-1.21
EBIT Margin (%)	14.05	14.64	26.29	10.73	15.82
Net Profit Margin (%)	12.15	10.01	18.87	3.31	10.62
Basic EPS (₹)	13.39	10.16	15.25	4.07	15.12

	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Total Revenue	6,10,699.00	5,77,595.00	4,01,626.00	3,14,825.00	2,86,052.00
Total Revenue Growth (%)	5.73	43.81	27.57	10.06	-25.52
Total Expenses	5,52,756.00	5,22,471.00	3,52,259.00	2,74,683.00	2,47,551.00
Total Expenses Growth (%)	5.80	48.32	28.24	10.96	-29.86
Profit after Tax (PAT)	39,354.00	39,588.00	36,075.00	29,901.00	29,745.00
PAT Growth (%)	-0.59	9.74	20.65	0.52	26.22
Operating Profit Margin (%)	13.40	12.58	14.65	14.40	15.39
Net Profit Margin (%)	6.59	6.95	9.21	9.79	10.85
Basic EPS (₹)	63.49	66.82	60.94	101.33	100.97

	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Total Revenue	3,50,519.00	3,80,438.00	2,98,262.00	2,50,734.00	2,40,740.00
Total Revenue Growth (%)	-7.86	27.55	18.96	4.15	-28.73
Total Expenses	3,05,958.00	3,33,071.00	2,52,537.00	2,09,957.00	2,05,039.00
Total Expenses Growth (%)	-8.14	31.89	20.28	2.40	-33.50
Profit after Tax (PAT)	30,903.00	35,163.00	33,612.00	31,425.00	27,417.00
PAT Growth (%)	-12.12	4.61	6.96	14.62	20.68
Operating Profit Margin (%)	16.86	15.37	17.37	17.97	16.36
Net Profit Margin (%)	9.19	9.46	11.58	12.98	11.75
Basic EPS (₹)	48.75	55.48	53.08	96.90	84.66

All figures in Rs Cr, unless mentioned otherwise

Insights

Employee & Interest Expense
Company has spent 3.69% of its operating revenues towards interest expenses and 2.36% towards employee cost in the year ending Mar 31, 2020. (Source: Consolidated Financials)

Balance Sheet

Annual	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Total Assets	11,65,915.00	10,02,406.00	8,16,348.00	7,12,339.00	5,98,997.00
Total Assets Growth (%)	16.31	22.79	14.60	18.92	18.73
Total Liabilities	7,04,568.00	6,07,014.00	5,19,303.00	4,45,713.00	3,64,085.00
Total Liabilities Growth (%)	16.07	16.89	16.51	22.42	28.68
Total Equity	4,61,347.00	3,95,392.00	2,97,045.00	2,66,626.00	2,34,912.00
Total Equity Growth (%)	16.68	33.11	11.41	13.50	6.04
Current Ratio (x)	0.63	0.73	0.59	0.62	0.69
Total Debt to Equity (x)	0.64	0.70	0.62	0.70	0.72
Contingent Liabilities	54,891.00	50,904.00	60,997.00	76,941.00	71,110.00

Annual	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Total Assets	9,68,912.00	7,75,745.00	6,17,525.00	5,46,746.00	4,57,720.00
Total Assets Growth (%)	24.90	25.62	12.95	19.45	15.07
Total Liabilities	5,44,328.00	3,70,423.00	3,02,878.00	2,58,433.00	2,17,536.00
Total Liabilities Growth (%)	46.95	22.30	17.20	18.80	19.78
Total Equity	4,24,584.00	4,05,322.00	3,14,647.00	2,88,313.00	2,40,184.00
Total Equity Growth (%)	4.75	28.82	9.13	20.04	11.11
Current Ratio (x)	0.54	0.76	0.65	0.70	0.72
Total Debt to Equity (x)	0.54	0.39	0.31	0.35	0.38
Contingent Liabilities	68,624.00	1,11,869.00	66,970.00	73,386.00	79,905.00

All figures in Rs Cr, unless mentioned otherwise

Cash Flows

Annual	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Net Cash flow from Operating Activities	98,074.00	42,346.00	71,459.00	49,550.00	38,134.00
Net Cash used in Investing Activities	-75,717.00	-95,128.00	-68,290.00	-66,292.00	-36,190.00
Net Cash flow from Financing Activities	-2,541.00	55,906.00	-2,001.00	8,617.00	-3,210.00
Net Cash Flow	19,839.00	3,745.00	1,266.00	-8,034.00	-1,262.00
Closing Cash & Cash Equivalent	30,920.00	11,081.00	4,255.00	2,989.00	11,023.00
Closing Cash & Cash Equivalent Growth (%)	179.04	160.42	42.36	-72.88	-11.62
Total Debt/ CFO (x)	2.97	6.42	2.54	3.71	4.33

Annual	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Net Cash flow from Operating Activities	76,560.00	29,191.00	62,000.00	51,450.00	44,082.00
Net Cash used in Investing Activities	-142,652.00	-53,949.00	-59,109.00	-54,949.00	-42,329.00
Net Cash flow from Financing Activities	70,767.00	25,795.00	-1,914.00	-1,639.00	-6,432.00
Net Cash Flow	4,675.00	1,037.00	977.00	-5,138.00	-4,679.00
Closing Cash & Cash Equivalent	8,443.00	3,768.00	2,731.00	1,754.00	6,892.00
Closing Cash & Cash Equivalent Growth (%)	124.07	37.97	55.70	-74.55	-40.44
Total Debt/ CFO (x)	3.00	5.39	1.56	1.97	2.10

All figures in Rs Cr, unless mentioned otherwise

Insights

Decrease in Cash from Investing
Company has used Rs 75717.0 cr for investing activities which is an YoY decrease of 20.41%. (Source: Consolidated Financials)

Ratios

Annual	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Return on Equity (%)	8.68	10.22	12.29	11.37	12.89
Return on Capital Employed (%)	10.62	10.45	11.42	9.22	10.19
Return on Assets (%)	3.37	3.94	4.41	4.19	4.96
Interest Coverage Ratio (x)	3.63	4.34	7.13	11.43	11.43
Asset Turnover Ratio (x)	51.18	56.78	47.97	42.87	45.74
Price to Earnings (x)	17.92	20.41	14.49	13.05	10.36
Price to Book (x)	1.56	2.09	1.78	1.49	1.34
EV/EBITDA (x)	9.53	11.64	9.49	10.32	8.65
EBITDA Margin (%)	17.12	16.25	18.92	18.21	19.61

Annual	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Return on Equity (%)	7.27	8.67	10.68	10.89	11.41
Return on Capital Employed (%)	8.60	9.95	11.80	11.04	11.46
Return on Assets (%)	3.18	4.53	5.44	5.74	5.98
Interest Coverage Ratio (x)	4.68	5.86	10.82	15.98	15.55
Asset Turnover Ratio (x)	34.67	47.90	46.96	44.26	50.93
Price to Earnings (x)	22.83	24.63	16.64	13.66	12.36
Price to Book (x)	1.66	2.13	1.78	1.49	1.41
EV/EBITDA (x)	13.96	15.03	10.90	10.17	8.89
EBITDA Margin (%)	19.76	18.21	20.67	21.47	20.46

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Technicals

Buy/Sell Signals
5 Day EMA Crossover
Bullish signal on daily chart
Appeared on: 24 Feb 2021
5D EMA: 2045.34
Last Signal 2 Feb 2021 (Gain 3.31%)
Average price gain of 2.86% within 7 days of Bullish signal in last 5 years
10 Day EMA Crossover
Bullish signal on daily chart
Appeared on: 24 Feb 2021
10D EMA: 2034.92
Last Signal 8 Feb 2021 (Gain 6.48%)
Average price gain of 2.81% within 7 days of Bullish signal in last 5 years
Price Analysis
47%
Positive Movement
since 1st Jan 2005
on basis
53%
Negative Movement
since 1st Jan 2005
on basis
Exclude
Global Meltdown1st Jan 2008 to 10th Nov 2008
Covid Crisis1st Feb 2020 to 31st Mar 2020
Pivot Levels
R1 2122.90 Pivot
2096.80
S1 2059.70
R2 2160.00 S2 2033.60
R3 2223.20 S3 1970.40
Average True Range
5 Days 14 Days 28 Days
63.83 58.42 55.97

5 Days	14 Days	28 Days
63.83	58.42	55.97

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Peers

Ratio Performance

NAME	P/E (x)	P/B (x)	ROE %	ROCE %	ROA %	Rev CAGR [3Yr]	OPM	NPM	Basic EPS	Current Ratio	Total Debt/ Equity (x)	Total Debt/ CFO (x)
RIL	33.38	3.06	8.68	10.62	3.37	24.44	13.40	6.66	63.49	0.63	0.64	2.97
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Annual Ratios (%)

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Stock Performance
- CHART
- TABLE
- 1D
- 1W
- 1M
- 3M
- 6M
- 1Y
- 5Y
- Choose from Peers
  Choose from Stocks
- There’s no suggested peer for this stock.
NAME 1D 1W 1M 3M 1Y 3Y 5Y
RIL -2.73 0.26 7.46 6.82 49.84 122.20 338.95
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All values in %
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NAME	1D	1W	1M	3M	1Y	3Y	5Y
RIL	-2.73	0.26	7.46	6.82	49.84	122.20	338.95
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Insights

Stock Returns vs Nifty 100
Stock gave a 3 year return of 118.51% as compared to Nifty 100 which gave a return of 34.28%. (as of last trading session)

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Shareholding Patterns

Total Shareholdings

Category	No. of Shares	Percentage	% Change QoQ
Promoters	3,32,31,14,981	50.54 %	0.05
Pledge	0	0.00 %	0.00
FII	1,79,44,85,479	27.29 %	0.04
DII	70,92,13,609	10.78 %	-0.36
MF	31,89,41,297	4.85 %	-0.27
Others	93,52,53,545	11.39 %	0.27

QoQ Change

Category	31 Dec 2020	30 Sep 2020	30 Jun 2020	31 Mar 2020
Promoters	50.54	50.49	50.37	50.07
Pledge	0.00	0.00	0.00	0.00
FII	27.29	27.25	26.65	26.11
DII	10.78	11.14	11.69	11.75
Mutual Funds	4.85	5.12	5.44	5.42
Others	11.39	11.12	11.29	12.07

Mutual Funds Ownership

MF Ownership as on 31 January 2021

SBI ETF Nifty 50-D
Equity: Large Cap
- 8,957.28
  Amount Invested (in Cr.)
- 10.13%
  % of AUM
- 1.40
  % Change (MoM basis)
SBI ETF Sensex
Equity: Large Cap
- 4,616.59
  Amount Invested (in Cr.)
- 11.78%
  % of AUM
- 3.37
  % Change (MoM basis)
UTI Nifty ETF
Equity: Large Cap
- 2,330.84
  Amount Invested (in Cr.)
- 10.15%
  % of AUM
- 1.96
  % Change (MoM basis)

More Schemes

Futures & Options

Options
- Type
- Expiry Month
- Strike Price
Date Price
27-09-2020Current
0.00-643.20 (-100.00%)
0.00
Open
0.00
High
0.00
Low
643.20
Close
0
Contracts Traded
0.00
Turnover (₹ Lakhs)
Futures
- Expiry Month
Date Price
27-09-2020Current
2,092.40-65.30 (-3.03%)
2,129.10
Open
2,140.80
High
2,078.00
Low
2,157.70
Prev Close
72,184
Contracts Traded
3,80,125.63
Turnover (₹ Lakhs)

Date	Price
27-09-2020Current	0.00-643.20 (-100.00%)
0.00 Open	0.00 High	0.00 Low
643.20 Close	0 Contracts Traded	0.00 Turnover (₹ Lakhs)

Date	Price
27-09-2020Current	2,092.40-65.30 (-3.03%)
2,129.10 Open	2,140.80 High	2,078.00 Low
2,157.70 Prev Close	72,184 Contracts Traded	3,80,125.63 Turnover (₹ Lakhs)

Corporate Actions

Recent
Board Meeting
Quarterly Results
Jan 15, 2021
Board Meeting
Quarterly Results
Oct 23, 2020
Board Meeting
Quarterly Results
Jul 23, 2020

Board Meetings

Announced on	Meeting on
Jan 15, 2021	Jan 22, 2021
Quarterly Results
Oct 23, 2020	Oct 30, 2020
Quarterly Results
Jul 23, 2020	Jul 30, 2020
Quarterly Results
Jul 23, 2020	Jul 24, 2020
Quarterly Results
Apr 28, 2020	Apr 30, 2020
Audited Results, Dividend & Rights issue

Dividends
Announced on Ex-Date Dividend%
Jun 11, 2020 Jul 02, 2020 65%
Apr 30, 2020 Jul 02, 2020 65%
Apr 18, 2019 Aug 02, 2019 65%
Apr 27, 2018 Jun 27, 2018 60%
Apr 25, 2017 Jul 13, 2017 110%

Announced on	Ex-Date	Dividend%
Jun 11, 2020	Jul 02, 2020	65%
Apr 30, 2020	Jul 02, 2020	65%
Apr 18, 2019	Aug 02, 2019	65%
Apr 27, 2018	Jun 27, 2018	60%
Apr 25, 2017	Jul 13, 2017	110%

Bonus

Announced on	Ex-Date
Jul 21, 2017	Sep 07, 2017
Bonus Ratio: 1 share(s) for every 1 shares held
Oct 07, 2009	Nov 26, 2009
Bonus Ratio: 1 share(s) for every 1 shares held
Sep 13, 1997	Oct 27, 1997
Bonus Ratio: 1 share(s) for every 1 shares held
Oct 28, 1983	-
Bonus Ratio: 3 share(s) for every 5 shares held

Splits
No Data Available
Rights
Announced on Ex-Date
Apr 30, 2020 May 13, 2020
Rights ratio: 1 share for every 15 held at a price of Rs 1257.0
AGM/EGM Meetings
Announced on Meeting on
Jun 22, 2020 Jul 15, 2020
-
Jul 02, 2019 Aug 12, 2019
-
Jun 07, 2018 Jul 05, 2018
-
Aug 01, 2017 Sep 02, 2017
-
Jun 27, 2017 Jul 21, 2017
-

Announced on	Ex-Date
Apr 30, 2020	May 13, 2020
Rights ratio: 1 share for every 15 held at a price of Rs 1257.0

Announced on	Meeting on
Jun 22, 2020	Jul 15, 2020
-
Jul 02, 2019	Aug 12, 2019
-
Jun 07, 2018	Jul 05, 2018
-
Aug 01, 2017	Sep 02, 2017
-
Jun 27, 2017	Jul 21, 2017
-

About

Reliance Industries Ltd., incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 1,410,432.06 Crore) operating in Diversified sector.

Reliance Industries Ltd. key Products/Revenue Segments include Refinery, Petrochemicals, Other Services, Oil & Gas, Income From Financial Services, Others for the year ending 31-Mar-2020.

For the quarter ended 31-12-2020, the company has reported a Consolidated Total Income of Rs 128,450.00 Crore, up 6.65 % from last quarter Total Income of Rs 120,444.00 Crore and down 17.97 % from last year same quarter Total Income of Rs 156,584.00 Crore. Company has reported net profit after tax of Rs 14,819.00 Crore in latest quarter.

The company’s top management includes Mr.Mukesh D Ambani, Mrs.Arundhati Bhattacharya, Dr.Shumeet Banerji, Mr.Raminder Singh Gujral, Mr.Adil Zainulbhai, Dr.Raghunath A Mashelkar, Prof.Dipak C Jain, Mr.Yogendra P Trivedi, Mrs.Nita M Ambani, Mr.Hital R Meswani, Mr.Nikhil R Meswani, Mr.Pawan Kumar Kapil, Mr.P M S Prasad, Mr.K V Chowdary. Company has D T S & Associates LLP as its auditors. As on 31-12-2020, the company has a total of 676.21 Crore shares outstanding.

About RIL

Reliance Industries Ltd., incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 1,410,432.06 Crore) operating in Diversified sector. Show More

Industry

Diversified

Key Indices Listed On

Nifty 50, S&P BSE Sensex, Nifty 100, Nifty 200, Nifty 500

Address

3rd Floor,Maker Chambers IV,222, Nariman Point,Mumbai, Maharashtra - 400021

Contact

investor.relations@ril.com

http://www.ril.com

Executive Leadership

Adil Zainulbhai

Non Executive Director

Alok Agarwal

Chief Financial Officer

Arundhati Bhattacharya

Non Executive Director

Dipak C Jain

Non Executive Director

Auditors

S R B C & Co. LLP

D T S & Associates LLP

RIL Share Price Update

Reliance Industries Ltd. share price moved down by -2.73% from its previous close of Rs 2,144.35. Reliance Industries Ltd. stock last traded price is 2,085.80

Share Price	Value
Today/Current/Last	2,085.802,083.85
Previous Day	2,144.352,144.85

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Technicals

Buy/Sell Signals
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Price Analysis
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
Average True Range
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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
Pivot Levels
Pivot points are indicative support and resistance levels which are calculated on basis of previous day’s high, low and closing prices. Pivot level for Monday’s trade would be based on Friday’s prices and Monday’s, high, low and close price would go into calculation of pivot levels for Tuesday’s trading session.
There are two underlying assumptions in pivot points. First, the specific price level indicated by R1, R2 and R3 may act as a barrier or resistance in an uptrend. So, if a stock moves up above these pivots levels, the uptrend gets confirmed. Second these specific price levels may see an increased activity, hence may be used as levels to book profit by traders with a long positions. For traders with short position, these points are often helpful in determining what should be the stop loss for a trade.
Similarly, in case of support levels as indicated by S1, S2 and S3, they may act as price level where a stock might get a breather when it is slipping southward. In case these supports levels are broken it is a confirmation of a down trend. The stock may also see increased activity close to pivot levels. They may be used by trader may use them to put stop loss for a long trade. If a trader has short position, the pivot level may help in determine a level, where profit may be booked.
Like any other technical indicator, pivots levels cannot and should not be used as single factor while taking a trading decision. They should be combined with other technical indicators. It could be short term moving averages, stochastic, moving average convergence divergence (MACD) or overbought level as indicated by relative strength index (RSI). For example, if a breakdown of support level (S1, S2 or S3) is accompanied with stock price also moving below its short term moving average or stochastic on daily charts giving a sell signal, it would add to weightage to the decision of taking a short trade.

Reliance Industries Ltd.

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Key Metrics

Technicals

R1	2122.90	Pivot 2096.80	S1	2059.70
R2	2160.00		S2	2033.60
R3	2223.20		S3	1970.40