Table of Content


COMPANY EXECUTIVE SUMMARY 1
Table of Contents 2
Tables 7
Charts 8
Reliance Industries Ltd - Key Company Facts 9
Reliance Industries Ltd - Company Description 10
Reliance Industries Ltd - Top Executives 11
Reliance Industries Ltd- Top Executives Biographies 12
Reliance Industries Ltd- Head Office & Locations 14
Head Office - Country 14
Key Subsidiaries 15
Key Joint Ventures 17
Reliance Industries Ltd - Products and Services 18
Products 18
Services 19
Reliance Industries Ltd - Historic Events 20
Reliance Industries Ltd - Company’s Management Discussion 22
Reliance Industries Ltd - Company’s Mission and Vision 26
Mission 26
Vision 26
Reliance Industries Ltd - Corporate Strategy 27
Reliance Industries Ltd - Business Description 32
Retail 33
Digital Services 34
Media and Entertainment 34
Oil to Chemicals 35
Oil and Gas E&P 35
Reliance Industries Ltd - ESG Spotlight 37
Environment 37
Social 38
Corporate Governance 39
Reliance Industries Ltd - SWOT Analysis 40
Overview 40
Strengths 42
Weaknesses 45
Opportunities 47
Threats 50
Reliance Industries Ltd - PESTLE Analysis 52
Overview 52
Political Factors 54
Economic Factors 56
Social Factors 57
Technological Factors 59
Legal Factors 61
Environmental Factors 63
Reliance Industries Ltd - Financial Deep Dive 65
Share Price Trend - Oct-2023 to Oct-2024 (Average Share Closing Price) 65
Profit and Loss Statement 67
Summary of Profit and Loss Statement 67
Balance Sheet 69
Summary of Balance Sheet 69
Cash Flow Statement 71
Summary of Cash Flow Statement 71
Key Financial Ratio Analysis 73
Reliance Industries Ltd - Ratio Charts 74
Activity Ratio Charts 74
Growth Ratios Charts 75
Leverage Ratio Charts 76
Liquidity Ratio Charts 76
Profitability Ratio Charts 78
Competing Players 79
Snapshot of Competing Players 80
Bharat Petroleum Corporation Limited 80
Key Company Facts 80
Company Description 80
Snapshot of Competing Players 82
Bharti Airtel Limited 82
Key Company Facts 82
Company Description 82
Snapshot of Competing Players 84
Hindustan Petroleum Corporation Limited 84
Key Company Facts 84
Company Description 84
Snapshot of Competing Players 87
Indian Oil Corporation Limited 87
Key Company Facts 87
Company Description 87
Snapshot of Competing Players 90
Vodafone Idea Limited 90
Key Company Facts 90
Company Description 90
Reliance Industries Ltd - In the News 92
05-Sep-2024- RIL Board Approves 1:1 Bonus Issue - Largest Bonus Issue In Indian Equity Markets 92
19-Jul-2024- CONSOLIDATED RESULTS FOR QUARTER ENDED 30 TH JUNE, 2024 93
27-Jun-2024- Jio Introduces New Unlimited Plans 93
26-Jun-2024- Jio consolidates its leadership position by acquiring the right to use spectrum in the 1800MHz band in 2 circles 94
19-Jan-2024- RIL Q3 FY2024 Financial and Operational Performance 94
29-Dec-2023- Reliance Industries Becomes First in India to Use Chemical Recycling for Circular Polymers The new innovation is a testimony to the company’s commitment in reducing plastic waste and supporting Circular Economy in India Jamnagar 95
04-Dec-2023- Nita M. Ambani, Founder and Chairperson, Reliance Foundation Honoured and Awarded at the CII Scorecard 2023 95
01-Dec-2023- Jio and TM Forum open first Innovation Hub in Mumbai with Gen AI, LLM and ODA projects underway to accelerate industry growth Mumbai 95

30-Nov-2023- Art House at Nita Mukesh Ambani Cultural Centre Presents the First-ever Museum Exhibition of American Pop Art in India ~Curated by Lawrence Van Hagen, the landmark exhibition brings the works of 12 pioneers of American Pop Art to India for the first time ever~ MUMBAi 96
06-Nov-2023- Nurturing India’s brightest students to think big, think green, think digital: Applications invited for Reliance Foundation Postgraduate Scholarships 2023-24 97
06-Nov-2023- Jio Institute Hosts "Convergence-2023" in Singapore, Cultivating Global Knowledge Exchange and Collaboration Singapore 97
02-Nov-2023- AJIO forays into D2C-focused interactive commerce with AJIOGRAM; aims to empower the next 100 fashion startups from India 98

31-Oct-2023- SBI Card & Reliance Retail Come Together to Roll Out Reliance SBI Card 99

30-Oct-2023- Jio Institute Appoints Dr Raveendra Chittoor as the Dean Mumbai 99
08-Oct-2023- Reliance Foundation supported athletes dazzle at Asian Games 2022, secure 12 medals 100
06-Oct-2023- JioMart Welcomes Mahendra Singh Dhoni As Its Brand Ambassador Mumbai 101
Reliance Industries Ltd- Key Deals 102
10-Sep-2024 - Reliance Retail Ventures and Delta Galil Announce Strategic Partnership in India 102
28-Feb-2024 - Reliance Consumer Products Limited announces partnership with leading Sri Lankan beverage brand Elephant House Mumbai 103
28-Feb-2024 - RELIANCE AND DISNEY ANNOUNCE STRATEGIC JOINT VENTURE TO BRING TOGETHER THE MOST COMPELLING AND ENGAGING ENTERTAINMENT BRANDS IN INDIA 103
03-Nov-2023 - SEPHORA TIES UP WITH RELIANCE RETAIL VENTURES LIMITED TO TRANSFORM INDIA’S PRESTIGE BEAUTY RETAIL SEGMENT Mumbai 104
25-Oct-2023 - JIO HARNESSES PLUME’S CLOUD PLATFORM TO BRING BEST-INCLASS IN-HOME EXPERIENCES TO CONSUMERS IN INDIA 105
09-Oct-2023 - IOC and Reliance Foundation sign agreement to advance Olympic values education across India 105
06-Oct-2023 - ADIA TO INVEST ? 4,966.80 CRORE IN RELIANCE RETAIL VENTURES LIMITED AT AN EQUITY VALUE OF ? 8.381 LAKH CRORE TRANSACTION DEMONSTRATES SUPPORT OF RELIANCE RETAIL’S INCLUSIVE AND TRANSFORMATIONAL BUSINESS MODEL Mumbai 106
04-Oct-2023 - RELIANCE BRANDS SIGNS DEFINITIVE AGREEMENT TO ACQUIRE MAJORITY OWNERSHIP OF SUPERDRY IP FOR INDIAN TERRITORY, EVOLVING THEIR DECADE-LONG PARTNERSHIP WITH SUPERDRY PLC 107
29-Sep-2023 - JioMart And Meta Celebrate A Year Of Making Shopping Easier For India 108
Appendix 109
Definitions 109
SWOT Analysis 109
PESTLE Analysis 109
Value Chain Analysis 109
ESG Spotlight 109
Financial Deep Dive 109
Financial Ratios - 110
Activity Ratios 110
Growth Ratios 111
Leverage Ratios 112
Liquidity Ratios 113
Market Ratios 114
Profitability Ratios 114
Research Methodology 115
Disclaimer 116
Contact Us 116



List of Figures

Charts
Figure 1: Reliance Industries Ltd- SWOT Analysis 41
Figure 2: Reliance Industries Ltd - PESTLE Analysis 53
Figure 3: Reliance Industries Ltd - Average Share Price Trend - Oct-2023 to Oct-2024 66
Figure 4: Reliance Industries Ltd - Profit and Loss Statement - 2021-2024 68
Figure 5: Reliance Industries Ltd - Balance Sheet - 2021-2024 70
Figure 6: Reliance Industries Ltd - Cash Flow Statement 2021-2024 72
Figure 7: Reliance Industries Ltd - Activity Ratio Charts 74
Figure 8: Reliance Industries Ltd - Growth Ratio Charts (Value %) 75
Figure 9: Reliance Industries Ltd - Leverage Ratio Charts 76
Figure 10: Reliance Industries Ltd - Liquidity Ratio Charts 77
Figure 11: Reliance Industries Ltd - Profitability Ratio Charts (Value %) 78
Figure 12: Competing Players - Bharat Petroleum Corporation Limited - Key Financials 81
Figure 13: Competing Players - Bharti Airtel Limited - Key Financials 83
Figure 14: Competing Players - Hindustan Petroleum Corporation Limited - Key Financials 86
Figure 15: Competing Players - Indian Oil Corporation Limited - Key Financials 89
Figure 16: Competing Players - Vodafone Idea Limited - Key Financials 91

List of Tables

Tables
Table 1: Reliance Industries Ltd - Company Facts
Table 2: Reliance Industries Ltd - Top Executives
Table 3: Reliance Industries Ltd - Top Executives Biographies
Table 4: Reliance Industries Ltd - Subsidiaries
Table 5: Reliance Industries Ltd - Key Joint Ventures
Table 6: Reliance Industries Ltd - Products
Table 7: Reliance Industries Ltd - Services
Table 8: Reliance Industries Ltd - Historic Events
Table 9: Reliance Industries Ltd - Share Price Trend - Oct-2023 to Oct-2024
Table 10: Reliance Industries Ltd- Ratio Analysis - 2021-2024
Table 11: Reliance Industries Ltd -Competing Players