Reliance Industries shares in focus after Rs 45 crore Nauyaan Shipyard buyout

Shares of Reliance Industries Ltd (RIL) are set to be in focus on Monday, after the conglomerate completed a Rs 45.32 crore deal to take full control of Nauyaan Shipyard Pvt Ltd, marking the final leg of a phased acquisition from Welspun Corp Ltd.

India’s most valuable company said on Friday that its wholly owned step-down subsidiary, Nauyaan Tradings Pvt Ltd (NTPL), acquired the remaining 6.1% stake in Nauyaan Shipyard from Welspun Corp. With this transaction, the shipyard business has now become a fully owned step-down subsidiary of RIL.

Reliance clarified in its exchange filing that the deal does not qualify as a related party transaction, as none of the company’s promoters, promoter group, or related entities hold any interest in Nauyaan Shipyard. The intimation regarding the acquisition was received from Nauyaan Shipyard at 6:37 p.m. IST on Friday, the company added.

Part of phased acquisitions

The deal marks the final leg of Reliance’s phased acquisition of the shipyard business from Welspun. In March 2025, NTPL acquired a 74% equity stake in Nauyaan Shipyard for Rs 382.73 crore. The company followed up in April 2025 with the purchase of an additional 10% stake for Rs 51.72 crore.

With the latest transaction, Reliance has now completed the buyout of the shipyard, underscoring its long-term commitment to the sector. The company also said necessary applications are being filed with relevant authorities as per agreements with Nauyaan Shipyard.

Profit momentum in backdrop

The acquisition follows RIL’s strong first-quarter results reported in July, when consolidated net profit surged 78% year-on-year to Rs 26,994 crore, aided by a one-time gain from the sale of its stake in Asian Paints.

Revenue from operations rose 5.3% to Rs 2,48,660 crore during the June quarter, while EBITDA jumped 36% to Rs 58,024 crore, lifting margins to 21.2%.

Shares of the company closed 1.1% lower on Friday at Rs 1409.30 on the BSE. The stock has 15.4% so far in 2025, while declining nearly 6% over the last 12 months.

Also read | Reliance Industries Q1 Results: Cons PAT jumps 78% YoY to Rs 26,994 cr, beats Street estimates

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