Reliance Industries partly paid (Delisted) share price

BSE: 890147Petroleum Products

Reliance Industries Limited · Face value ₹10 · Listed Jun 2020

Last traded ₹1,870.25 on 8 Nov 2021

Delisted on 17 Mar 2025. The company's shares trade as Reliance Industries (RELIANCE).

Last announcements

The company's own last announcements before its shares stopped trading, routine notices left out.

Share price history

Daily closes since Jun 2020, adjusted for splits and bonuses

Daily close, ₹ per share

Dividend

Results for the quarter to Mar 2023

Consolidated: the company and its subsidiaries together. ₹ crore.

Revenue
₹2,16,376 Cr
Operating profit
₹38,440 Cr
Net profit
₹21,327 Cr
Earnings per share
₹28.52
Operating margin
17.8%
Net margin
9.9%

From revenue to net profit, ₹ crore

  1. Revenue2,16,376
  2. Materials and goods−1,37,103
  3. Employee costs−6,471
  4. Other expenses−34,362
  5. Operating profit38,440
  6. Depreciation−11,456
  7. Other income+2,918
  8. Finance costs−5,819
  9. Profit before tax24,083
  10. Tax−2,787
  11. Joint ventures+31
  12. Net profit21,327

Reliance Industries partly paid results by quarter

Consolidated: the company and its subsidiaries together. Latest quarter to Mar 2023. Results for the quarter to Jun 2023 were due by 14 Aug 2023, 45 days after it ends. Every company's dates are on the results calendar.

Revenue and net profit by quarter, ₹ crore

  • Revenue
  • Net profit
1,44,37213,806Jun 211,74,10415,479Sep 211,91,27120,539Dec 21Mar 222,23,11319,443Jun 22Sep 22Dec 222,16,37621,327Mar 23
Peak revenue ₹2,23,113 Cr, quarter to Jun 2022; lowest ₹1,44,372 Cr, quarter to Jun 2021

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
17.8%8.7%16.2%14.9%15.5%17.0%17.8%9.6%8.9%10.7%8.7%9.9%Jun 21Sep 21Dec 21Mar 22Jun 22Sep 22Dec 22Mar 23
₹ croreJun 2021worked outSep 2021Dec 2021Q3Mar 2022Jun 2022Q1Sep 2022Dec 2022Mar 2023
Revenue from operations1,44,3721,74,1041,91,271–2,23,113––2,16,376
1,21,0041,48,0841,61,565–1,85,116––1,77,936
Materials and goods bought90,3051,13,4291,26,169–1,46,869––1,37,103
Employee costs4,2574,5804,660–6,003––6,471
Other expenses26,44230,07530,736–32,244––34,362
Operating profit before depreciation23,36826,02029,706–37,997––38,440
Operating margin16.2%14.9%15.5%–17.0%––17.8%
Depreciation and amortisation6,8837,2307,683–8,946––11,456
Other income4,2194,2244,047–2,247––2,918
Finance costs3,3973,8193,812–3,997––5,819
Profit before one-off items and tax17,30719,19522,258–27,301––24,083
One-off items002,836–0––0
Profit before tax17,30719,19525,094–27,301––24,083
3,4643,7554,688–7,793––2,787
Tax rate20.0%19.6%18.7%–28.5%––11.6%
Share of profit of joint ventures and associates−3739133–−65––31
13,80615,47920,539–19,443––21,327
Other comprehensive income3,08416,080−5,454–−6,514––−7,221
Total comprehensive income16,89031,55915,085–12,929––14,106
Net margin9.6%8.9%10.7%–8.7%––9.9%
Net margin without joint ventures and associates9.6%8.9%10.7%–8.7%––9.8%
Earnings per share–₹20.88₹28.08–₹26.54––₹28.52
Diluted earnings per share–₹20.60₹27.76–₹26.54––₹28.52
Earnings per share in rupees, restated for later splits and bonuses. No results on record for the quarters to Mar 2022, Sep 2022 and Dec 2022.

Segment results by quarter

Consolidated, ₹ crore, quarters to Mar 2023.

  • Oil to Chemicals (O2C)

    Revenue, ₹ crore
    Profit, ₹ crore
  • Retail

    Revenue, ₹ crore
    Profit, ₹ crore
  • Digital Services

    Revenue, ₹ crore
    Profit, ₹ crore
  • Others

    Revenue, ₹ crore
    Profit, ₹ crore
  • Oil & Gas

    Revenue, ₹ crore
    Profit, ₹ crore
  • Financial Services

    Revenue, ₹ crore
    Profit, ₹ crore
₹ croreSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023
Revenue of all businesses2,12,0872,33,356–2,68,213––2,67,023
Company revenue, as in its results1,74,1041,91,271–2,23,113––2,16,376
Revenue1,20,4751,31,427–1,61,715––1,28,633
Profit10,74711,667–18,016––14,194
Margin8.9%8.9%–11.1%––11.0%
Assets3,69,6663,67,950–3,98,726––3,85,504
Liabilities47,85550,955–69,322––55,757
Capital employed3,21,8113,16,995–3,29,404––3,29,747
Revenue45,45057,717–58,569––69,288
Revenue24,36225,200–28,511––31,373
Revenue19,66315,842–15,522––33,039
Revenue1,6442,559–3,625––4,556
Revenue493611–271––134
Profit is before tax and finance costs, the way companies report their segments.

1 year at a glance

Consolidated: the company and its subsidiaries together. ₹ crore, years to March.

Revenue, net profit and borrowings, ₹ crore

  • Revenue
  • Net profit
  • Borrowings
8,92,94474,0883,14,708Mar 23

Operating and net margin, per cent

  • Operating margin
  • Net margin
16.0%8.3%16.0%8.3%Mar 23

Results for the year to Mar 2023

Consolidated: the company and its subsidiaries together. ₹ crore.

From revenue to net profit

  1. Revenue8,92,944
  2. Materials and goods−5,89,280
  3. Employee costs−24,894
  4. Other expenses−1,35,862
  5. Operating profit1,42,908
  6. Depreciation−40,319
  7. Other income+11,826
  8. One-off items0.0
  9. Finance costs−19,571
  10. Profit before tax94,844
  11. Tax−20,713
  12. Joint ventures−43
  13. Net profit74,088

What the company owns

  • Plant, investments and other assets₹13,41,620 Cr
  • Inventory₹1,40,008 Cr
  • Current investments₹1,28,719 Cr
  • Cash and bank₹74,708 Cr
  • Receivables₹28,451 Cr

What pays for it: net worth and liabilities

  • Net worth₹9,34,162 Cr
  • Other liabilities₹3,17,458 Cr
  • Borrowings₹3,14,708 Cr
  • Owed to suppliers₹1,47,178 Cr

Reliance Industries partly paid business segments, year to Mar 2023

A reportable segment is a line of business the company must report on its own. Consolidated, ₹ crore, as the company reports them.

Revenue by segment

₹10,81,788 CrTotal
  • Oil to Chemicals (O2C)₹5,94,649 Cr55.0% of total
  • Retail₹2,60,427 Cr24.1% of total
  • Digital Services₹1,19,785 Cr11.1% of total
  • Others₹89,521 Cr8.3% of total
  • Oil & Gas₹16,508 Cr1.5% of total
  • Financial Services₹898 Cr0.1% of total

Profit by segment

  • Oil to Chemicals (O2C)₹53,883 Cr49.0% of total
  • Retail₹13,994 Cr12.7% of total
  • Digital Services₹29,681 Cr27.0% of total
  • Others₹1,045 Cr0.9% of total
  • Oil & Gas₹10,933 Cr9.9% of total
  • Financial Services₹494 Cr0.4% of total

Segment results by year

Consolidated, ₹ crore, years to March.

  • Oil to Chemicals (O2C)

    Revenue, ₹ crore
    Profit, ₹ crore
  • Retail

    Revenue, ₹ crore
    Profit, ₹ crore
  • Digital Services

    Revenue, ₹ crore
    Profit, ₹ crore
  • Others

    Revenue, ₹ crore
    Profit, ₹ crore
  • Oil & Gas

    Revenue, ₹ crore
    Profit, ₹ crore
  • Financial Services

    Revenue, ₹ crore
    Profit, ₹ crore
₹ croreMar 2023
Revenue of all businesses10,81,788
Company revenue, as in its results8,92,944
Revenue5,94,649
Profit53,883
Margin9.1%
Return on capital16.3%
Assets3,85,504
Liabilities55,757
Capital employed3,29,747
Revenue2,60,427
Revenue1,19,785
Revenue89,521
Revenue16,508
Revenue898
Profit is before tax and finance costs, the way companies report their segments.

Profit and loss

Consolidated, ₹ crore, years to March.

₹ croreMar 2023
Revenue from operations8,92,944
7,50,036
Materials and goods bought5,89,280
Employee costs24,894
Other expenses1,35,862
Operating profit before depreciation1,42,908
Operating margin16.0%
Materials, % of revenue66.0%
Employee costs, % of revenue2.8%
Other expenses, % of revenue15.2%
Depreciation and amortisation40,319
Operating profit after depreciation1,02,589
Other income11,826
Finance costs19,571
One-off items0
Profit before tax94,844
20,713
Share of profit of joint ventures and associates−43
74,088
Other comprehensive income−18,812
Total comprehensive income55,276
Net margin8.3%
Net margin without joint ventures and associates8.3%

Balance sheet

Consolidated, ₹ crore, at 31 March.

₹ croreMar 2023
9,34,162
8,21,153
Share capital6,766
Reserves8,14,387
Belonging to outside owners of subsidiaries1,13,009
3,14,708
3,96,534
3,82,810
Total assets17,13,506
12,71,528
4,41,978
Net debt1,11,281
Borrowings are counted again inside the liabilities due within a year and after a year.

Cash flow

Consolidated, ₹ crore, years to March.

₹ croreMar 2023
1,15,032
1,21,329
−19,634
Receivables13,194
Inventories−32,228
Payables−600
Tax paid−6,297
Capital spending1,40,988
Free cash flow−25,956
−91,235
10,455
Dividends paid5,083
Shares bought back0
Shares issued40
Net change in cash34,252
Capital spending is part of cash from investing, and dividends paid, shares bought back and shares issued are part of cash from financing. Each is shown as an amount on a line of its own, and the section's other items are in its total only.

Per share

Consolidated, ₹ per share, years to March.

₹ per shareMar 2023
Earnings per share₹98.59
Diluted earnings per share₹98.59
Book value per share₹1,213.65

Ratios

Consolidated, years to March.

RatioMar 2023
Return on equity8.1%
Return on capital employed8.2%
Cash conversion155.3%
Interest cover5.2
Debt to equity0.34
Receivable days12
Inventory days87
Payable days91
Cash conversion cycle, days7
Working capital days−11
Asset turnover0.52
Assets per rupee of net worth2.09
Sales per rupee of plant1.57
Capital spending to depreciation3.50
Plant being built, % of plant in use20.6%

Growth and returns over 3, 5 and 10 years

Consolidated: the company and its subsidiaries together. Each window ends with the year to Mar 2023.

Return on assets, latest year
3.9%
Cash from operations against operating profit
80.5%

Where the cash came from and went

Consolidated: the company and its subsidiaries together. ₹ crore, added up over each window, which ends with the year to Mar 2023.

₹ croreLatest year
Cash from operations1,15,032
Cash from investing−91,235
Cash from financing10,455
Capital spending1,40,988
Dividends paid5,083
Shares bought back0
Shares issued for cash40
Borrowings raised67,134
Borrowings repaid29,059

Accounting checks

Consolidated, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.

CheckMar 2023
Effective tax ratePublished threshold 17.16 per cent21.84
Tax charged less tax paid, % of profitOur threshold 10 percentage points15.20
A threshold marked as ours has no published figure; it is the line we read the check against.

Reliance Industries partly paid share price by year

Each calendar year to 2021.

YearClose at year endChangeHighest closeLowest close
20211,870.25+67.5%2,089.55968.90
20201,116.60–1,433.15698.40
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2020 is from its first session, 15 Jun 2020. The 2021 close is its last trade, on 8 Nov 2021.

Recent sessions

The 10 trading days to 8 Nov 2021, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
8 Nov 20211,851.201,881.001,800.901,870.251,849.9343,707
4 Nov 20211,845.501,861.001,843.501,851.251,851.047,164
3 Nov 20211,865.501,882.351,824.001,844.251,849.0412,391
2 Nov 20211,919.001,919.001,860.101,865.651,876.5314,517
1 Nov 20211,909.101,918.001,860.501,902.451,884.8011,630
29 Oct 20211,957.001,957.001,866.001,900.701,908.3913,093
28 Oct 20211,977.001,994.201,950.251,957.501,970.337,928
27 Oct 20212,006.602,032.401,979.251,985.652,006.606,229
26 Oct 20211,989.602,060.001,960.002,017.651,997.496,318
25 Oct 20212,040.002,040.001,923.001,957.951,968.9811,335
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.

Ex-dateEventPrice factorWhat happened
10 Jun 2021Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
Each event is noted and not adjusted for.

Company details

BSE code
890147
ISIN
IN9002A01032
Industry
Petroleum Products
CIN
L17110MH1973PLC019786
Corporate identity number, the registrar of companies' code for it
Incorporated
1973
Registered office
Maker Chambers IV, 3rd Floor, 222 Nariman Point, Mumbai 400021, Maharashtra
Share registrar
KFin Technologies Ltd
Keeps the register of shareholders and handles transfers and dividend payments