Reliance Industries is India’s largest company by market capitalization. Reliance Industries Limited which operates in the Oil to Chemicals (O2C), Oil and Gas, Retail, Digital Services and Financial Services segments.
The O2C segment includes refining, petrochemicals, fuel retailing through Reliance BP Mobility Limited, aviation fuel and bulk wholesale marketing, and its assets comprises of refinery off-gas cracker, aromatics, gasification, multi-feed and gas crackers along with downstream manufacturing facilities, logistics and supply-chain infrastructure.
The Oil and Gas segment includes exploration, development and production of crude oil and natural gas.
The Retail segment includes consumer retail and a range of related services.
The Digital Services segment includes provision of a range of digital services.
The Financial Services segment comprises of management and deployment of identified resources of the company to various activities, including non-banking financial services and insurance broking.
Reliance Commercial Corporation was set up in 1958 by Dhirubhai Ambani as a small venture firm trading commodities, especially spices and polyester yarn. In 1965, the partnership ended and dhirubhai continued the polyester business of the firm.
In 1966, Reliance Textile Industries Pvt. Ltd. was incorporated in Maharashtra. It established a synthetic fabrics mill in the same year at Naroda in Gujarat. On 8 May 1973, it became Reliance Industries Limited.
Financial Statements of Reliance Industries
Financial statements of Reliance Industries Year on Year Basis. Financial statement told us how company is performed in past.
Profit & Loss Statement
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
| Total Revenue | 390,823 | 568,337 | 596,679 | 466,307 | 698,672 |
| Expenses | 326,508 | 484,087 | 507,413 | 385,517 | 588,077 |
| Profit Before Tax | 49,426 | 55,227 | 53,606 | 55,461 | 84,142 |
| Net Profit | 36,080 | 39,837 | 39,880 | 53,739 | 67,845 |
| EPS | 53.39 | 58.55 | 58.20 | 77.50 | 89.74 |
Balance Sheet
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
| Share Capital | 5,922 | 5,926 | 6,339 | 6,445 | 6,765 |
| Reserves and Surplus | 287,569 | 381,184 | 442,826 | 653,884 | 772,720 |
| Current Assets | 1,83,786 | 2,27,386 | 2,58,260 | 3,73,011 | 3,47,019 |
| Non Current Assets | 6,27,487 | 7,70,244 | 9,04,755 | 9,47,054 | 11,51,603 |
| Total Assets | 8,11,273 | 9,97,630 | 11,63,015 | 13,20,065 | 14,98,622 |
| Current Liabilities | 3,13,852 | 3,14,023 | 4,12,916 | 2,77,568 | 3,08,662 |
| Non Current Liabilities | 2,00,376 | 2,88,215 | 2,88,752 | 2,43,065 | 3,00,976 |
| Total Liabilities | 5,14,228 | 6,02,238 | 7,01,668 | 5,20,633 | 6,09,638 |
Cash Flow Statement
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
| Cash Flow From Operating Activities | 71,459 | 42,346 | 94,877 | 26,958 | 110,654 |
| Cash Flow From Investing Activities | -68,192 | -94,507 | -72,497 | -142,385 | -109,162 |
| Cash Flow From Financial Activities | -2,001 | 55,906 | -2,541 | 101,904 | 17,289 |
Reliance Industries : Shareholding Patterns
The number of shares of RIL are approx. 644.51 crore (6.44 billion). The promoter group, the Ambani family, holds 50.00% of the total shares whereas the remaining 50.00% shares are held by public shareholders, including FII and corporate bodies. Life Insurance Corporation of India is the largest non-promoter investor in the company, with 7.98% shareholding.
In January 2012, the company announced a buyback program to buy a maximum of 12 crore (120 million) shares for ₹10,400 crore (US$1.5 billion). By the end of January 2013, the company had bought back 4.62 crore (46.2 million) shares for ₹3,366 crore (US$420 million).
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