Company Research Report: Reliance Industries Limited

Company Overview

Name: Reliance Industries Limited (RIL)
Mission: "Growth is Life"

Founded: 1977
Founders: Dhirubhai H. Ambani

Key People:

• Mukesh D. Ambani, Chairman & Managing Director

• Nita M. Ambani, Founder-Chairperson, Reliance Foundation

• Isha M. Ambani, Non-Executive Director

• Akash M. Ambani, Non-Executive Director

• Anant M. Ambani, Non-Executive Director

Headquarters: Mumbai, India

Employees: 347,362

Revenue:

• FY2023-24: ₹1,000,122 Crore ($119.9 billion)

• Q1 FY2025: ₹257,823 Crore ($30.9 billion)

Recognition:

• Reliance Industries Limited ranks #86 in Fortune Global 500 (2024)

• Among ‘TIME100 Most Influential Companies 2024’

Known For:
Reliance is renowned for its extensive presence in energy, petrochemicals, retail, digital services (Jio), new energy, and media & entertainment.

Products

1. Energy

• Oil and Gas Exploration & Production

• Refining & Marketing

• Largest oil & gas exploration and production in India, world's largest integrated refinery at Jamnagar.

2. Petrochemicals

• Polymers, Polyesters, Fibre Intermediates, Aromatics, Elastomers

• High-value petrochemicals produced across vast integrated sites in India and globally.

3. Retail

• Grocery, Apparel, Consumer Electronics, Pharmacy, Connectivity.

• Operates 18,836 stores across India providing a wide range of consumer products.

4. Digital Services - Jio

• JioFiber, JioTV, JioSaavn, JioMeet, JioHealthHub

• World's most advanced 5G network, India's largest digital services provider.

5. New Energy & New Materials

• Renewable Energy, Green Hydrogen, Battery Storage.

• Building the Dhirubhai Ambani Green Energy Giga Complex; aim to produce 100GW of solar energy by 2030.

6. Media & Entertainment

• Network18, Viacom18, Jio Studios.

• Diverse range of news, sports, movies, and live entertainment.

Key Features of Products

Energy:

• World's first Oil-to-Chemicals (O2C) strategy.

• Net exporter of petroleum products.

Petrochemicals:

• Integrated decision-making from crude to petrochemicals.

• Leadership in polyester, polymers, and various downstream products.

Retail:

• Inclusive ecosystem working closely with small shops and vendors.

• Largest fashion, grocery, and electronic retail presence in India.

Digital Services:

• Offering extensive solutions from connectivity to financial and enterprise services.

• Key partnerships with global technology leaders like Google and Microsoft.

New Energy:

• Integrating solar, wind, fuel cell, and battery technologies.

• Significant investments toward green energy for a sustainable future.

Media & Entertainment:

• Focus on high-quality, diverse content across multiple platforms for news and entertainment.

• JioCinema and Viacom18 leading in sports and entertainment broadcasting.

Recent Developments

New Products and Features:

• Launch of Jio True 5G network.

• Introduction of new Jio Bharat feature phones with internet-enabled 4G functionalities.

Partnerships:

• Joint ventures with global leaders like Disney, Google, and Microsoft to enhance digital and media services.

• Strategic alliances for renewable energy projects, including hydrogen and solar energy projects.

Sustainability Initiatives:

• Commitment to being a Net-Zero Carbon Company by 2035.

• Investments of over ₹75,000 crore towards building a comprehensive New Energy and New Materials ecosystem.

Operational Performance:

• Q1 FY2025 Financial and Operational Performance: ₹257,823 Crore ($30.9 billion).

• RIL became the first in India to use chemical recycling for circular polymers.

Overall, Reliance Industries Limited continues to broaden its footprint across energy, petrochemicals, retail, digital services, new energy, and media, with substantial focus on sustainability and technological advancement.