- Introduction
- Company Profile
- What Is Reliance Industries Limited?
- Some Of The Brands Name Of Reliance Industries Company
- Financial Data Analysis Of Reliance Industries Company
- History Of Reliance Industries Share Price Target 2024 to 2040
- Reliance Industries Share Price Target 2024
- Reliance Industries Share Price Target 2025
- Reliance Industries Share Price Target 2027
- Reliance Industries Share Price Target 2030
- Reliance Industries Share Price Target 2040
- Peer’s Company of Reliance Industries Limited
- Investors Types And Ratio Of Reliance Industries Limited
- Reliance Industries Ltd. Balance Sheet Analysis
- Key Highlights
- Advantages and Disadvantages Of Reliance Industries Share
- Reliance Industries Ltd. Profit & Loss Analysis
- FAQs
- Conclusion
Introduction
- Reliance Industries Limited (RIL) is one of India’s largest conglomerates, significantly impacting the country’s economy.
- Understanding the share price targets is crucial for both potential and current investors to make informed decisions.
- This blog provides a detailed analysis and forecast of Reliance Industries’ share prices for the years 2024, 2025, 2027, 2030, and 2040.
Company Profile
| Former Names | Reliance Commercial Corporation (1958–1966)Reliance Textiles and Engineers (1966–1973) |
| Company Type | Public |
| Traded as | BSE: 500325,NSE: RELIANCELSE: RIGD |
| ISIN | INE002A01018 |
| Industry | Conglomerate |
| Founded | 1958 (66 years ago) |
| Founder | Dhirubhai Ambani |
| Headquarters | Mumbai, Maharashtra, India |
| Area Served | Worldwide |
| Key People | Mukesh Ambani (Chairman & Managing Director) |
| Products | Petroleum,Natural gas,Chemicals,Petrochemicals,Oil refining,Retail,Telecommunications,Media,Entertainment |
| Revenue (2023) | ₹974,864 crore (US$120 billion) |
| Operating Income (2023) | ₹94,801 crore (US$12 billion) |
| Net Income (2023) | ₹73,670 crore (US$9.2 billion) |
| Total Assets (2023) | ₹1,713,506 crore (US$210 billion) |
| Total Equity (2023) | ₹821,153 crore (US$100 billion) |
| Owner | Mukesh Ambani (50.39%) |
| Number of Employees (2023) | 389,414 |
| Subsidiaries | Jio Platforms,Reliance Retail,Jio-bp,Network18 Group,DEN Networks,Hathway,Alok Industries,Reliance Foundation,Indiawin Sports,Relicord,Reliance Institute of Life Sciences,Reliance Industrial Infrastructure,Renewable Energy Corporation |
| Website | www.ril.com |
What Is Reliance Industries Limited?
- Overview of the company’s operations and sectors:
- Energy: Includes refining and marketing of petroleum products.
- Petrochemicals: Production of polymers, polyester, and intermediates.
- Natural gas: Exploration and production of oil and gas.
- Retail: Presence through Reliance Retail, covering diverse formats.
- Telecommunications: Operates under the brand Jio, providing digital services.
- Media: Through Network 18 and other subsidiaries.
Some Of The Brands Name Of Reliance Industries Company
- List and brief description of key brands:
- Zivame: Lingerie and intimate wear brand.
- RELAB: Lifestyle and apparel brand.
- Reliance Retail: Largest retailer in India, offering a wide range of products.
Financial Data Analysis Of Reliance Industries Company
- Key financial metrics and their implications:
- PE Ratio: Indicates the company’s earnings relative to its share price.
- Return On Assets (ROA): Measures the company’s efficiency in using its assets to generate profit.
- Current Ratio: Evaluates the company’s ability to pay short-term obligations.
- Return On Equity (ROE): Reflects the company’s profitability by revealing how much profit it generates with the money shareholders have invested.
History Of Reliance Industries Share Price Target 2024 to 2040
- Overview of historical share price performance:
- Last 6 months: Analysis of the recent trends and price movements.
- 1 year: Examination of the annual performance and significant changes.
- Maximum share growth: Tracking the highest growth periods in the company’s history.
- Yearly return percentages: Calculation of annual returns for investors.
Reliance Industries Share Price Target 2024
- Forecast for 2024 with supporting data:
- 1st Price Target: ₹2,833
- 2nd Price Target: ₹2,958
Reliance Industries Share Price Target 2025
- Forecast for 2025 with supporting data:
- 1st Price Target: ₹2,980
- 2nd Price Target: ₹3,260
| Month (2025) | Maximum Target | MinimumTarget |
| January | Rs 48.13 | Rs 27.38 |
| February | Rs 50.21 | Rs 28.42 |
| March | Rs 53.25 | Rs 31.46 |
| April | Rs 55.33 | Rs 32.44 |
| May | Rs 56.35 | Rs 33.50 |
| June | Rs 58.40 | Rs 35.54 |
| July | Rs 61.49 | Rs 37.51 |
| August | Rs 62.51 | Rs 38.68 |
| September | Rs 64.57 | Rs 39.67 |
| October | Rs 67.65 | Rs 41.64 |
| November | Rs 69.63 | Rs 43.72 |
| December | Rs 71.70 | Rs 43.78 |
Reliance Industries Share Price Target 2027
- Forecast for 2027 with supporting data:
- 1st Price Target: ₹3,870
- 2nd Price Target: ₹4,030
Reliance Industries Share Price Target 2030
- Forecast for 2030 with supporting data:
- 1st Price Target: ₹5,010
- 2nd Price Target: ₹5,580
Reliance Industries Share Price Target 2040
- Forecast for 2040 with supporting data:
- 1st Price Target: ₹10,090
- 2nd Price Target: ₹10,412
Peer’s Company of Reliance Industries Limited
- Comparison with other companies in the sector:
- Aban Offshore: Performance and market position.
- Asian Energy: Comparative analysis in the energy sector.
Investors Types And Ratio Of Reliance Industries Limited
- Analysis of different types of investors:
- Promoters Holding: Percentage of shares held by promoters.
- Public Holding: Shares held by the general public.
- FII (Foreign Institutional Investors): Investments by foreign entities.
- DII (Domestic Institutional Investors): Investments by domestic institutions.
Reliance Industries Ltd. Balance Sheet Analysis
Equity and Liabilities
| Data | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| Share Capital (₹ Cr) | 6,339 | 6,339 | 6,445 | 6,765 | 6,766 |
| Total Reserves (₹ Cr) | 3,98,983 | 3,84,876 | 4,68,038 | 4,64,762 | 4,72,328 |
| Borrowings (₹ Cr) | 1,18,098 | 1,94,402 | 1,60,598 | 1,67,231 | 1,35,561 |
| Other N/C Liabilities (₹ Cr) | 59,744 | 62,600 | 38,313 | 39,721 | 45,071 |
| Current Liabilities (₹ Cr) | 2,02,021 | 3,30,682 | 2,01,787 | 2,00,982 | 2,37,276 |
| Total Liabilities (₹ Cr) | 7,85,185 | 9,78,899 | 8,75,181 | 8,79,461 | 8,97,002 |
Assets
| Data | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| Net Block (₹ Cr) | 2,03,188 | 3,06,478 | 3,06,833 | 2,39,626 | 2,45,164 |
| Capital WIP (₹ Cr) | 1,05,155 | 15,638 | 20,765 | 19,267 | 30,958 |
| Intangible WIP (₹ Cr) | 6,402 | 12,327 | 12,070 | 15,395 | 17,957 |
| Investments (₹ Cr) | 2,72,043 | 4,21,793 | 2,52,620 | 3,30,493 | 3,03,558 |
| Loans & Advances (₹ Cr) | 44,335 | 55,978 | 71,203 | 50,568 | 31,735 |
| Other N/C Assets (₹ Cr) | 1,198 | 31 | 971 | 1,714 | 1,698 |
| Current Assets (₹ Cr) | 1,52,864 | 1,66,654 | 2,10,719 | 2,22,398 | 2,65,932 |
| Total Assets (₹ Cr) | 7,85,185 | 9,78,899 | 8,75,181 | 8,79,461 | 8,97,002 |
Also read: Best Stocks to Invest in India 2024: A Comprehensive Guide
Key Highlights
Equity and Liabilities
- Share Capital: Remained relatively stable, with a slight increase from ₹ 6,339 Cr in March 2019 to ₹ 6,766 Cr in March 2023.
- Total Reserves: Increased significantly from ₹ 3,98,983 Cr in March 2019 to ₹ 4,72,328 Cr in March 2023, indicating strong retention of earnings.
- Borrowings: Fluctuated over the years, peaking at ₹ 1,94,402 Cr in March 2020, before decreasing to ₹ 1,35,561 Cr in March 2023, showcasing effective debt management.
- Other Non-Current Liabilities: Showed variation without a clear trend, indicating variable non-current obligations.
- Current Liabilities: Rose from ₹ 2,02,021 Cr in March 2019 to ₹ 2,37,276 Cr in March 2023, reflecting expanding business operations.
- Total Liabilities: Increased from ₹ 7,85,185 Cr in March 2019 to ₹ 8,97,002 Cr in March 2023, reflecting growth in both equity and liabilities.
Assets
- Net Block: Grew from ₹ 2,03,188 Cr in March 2019 to ₹ 2,45,164 Cr in March 2023, indicating continuous investment in property, plant, and equipment.
- Capital Work in Progress (WIP): Showed fluctuations, with a notable increase to ₹ 30,958 Cr in March 2023, indicating ongoing projects.
- Intangible WIP: Increased from ₹ 6,402 Cr in March 2019 to ₹ 17,957 Cr in March 2023, highlighting investment in intangible assets.
- Investments: Increased from ₹ 2,72,043 Cr in March 2019 to ₹ 3,03,558 Cr in March 2023, suggesting strategic resource deployment.
- Loans & Advances: Fluctuated over the years, with no clear trend, reflecting variable short-term financial activities.
- Other Non-Current Assets: Showed minor variations without a clear trend.
- Current Assets: Increased from ₹ 1,52,864 Cr in March 2019 to ₹ 2,65,932 Cr in March 2023, indicating growing business operations and better working capital management.
- Total Assets: Increased from ₹ 7,85,185 Cr in March 2019 to ₹ 8,97,002 Cr in March 2023, reflecting overall growth in the company’s assets.
This analysis highlights Reliance Industries Ltd.’s financial growth and strategic investments over the past five years, showcasing its robust financial health and expansion efforts.
Advantages and Disadvantages Of Reliance Industries Share
- Detailed examination of pros and cons:
- Advantages:
- Diversified business model.
- Strong market position.
- Consistent financial performance.
- Disadvantages:
- Regulatory risks.
- Market volatility.
- High capital expenditure.
- Advantages:
Reliance Industries Ltd. Profit & Loss Analysis
| DATA | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| Net Sales | 3,71,616 | 3,36,953 | 2,45,667 | 4,22,323 | 5,28,315 |
| Total Expenditure | 3,12,762 | 2,84,295 | 2,13,375 | 3,71,383 | 4,63,856 |
| Operating Profit | 58,854 | 52,658 | 32,292 | 50,940 | 64,459 |
| Other Income | 8,822 | 13,736 | 16,026 | 13,843 | 12,418 |
| Interest | 9,751 | 12,105 | 16,211 | 9,123 | 12,626 |
| Depreciation | 10,558 | 9,728 | 9,199 | 10,264 | 10,118 |
| Exceptional Items | 0 | -4,245 | 4,304 | 0 | 0 |
| Profit Before Tax | 47,367 | 40,316 | 27,212 | 45,396 | 54,133 |
| Tax | 12,204 | 9,413 | -4,732 | 7,459 | 11,116 |
| Net Profit | 35,163 | 30,903 | 31,944 | 39,084 | 44,205 |
| Adjusted EPS (Rs.) | 54.95 | 48.29 | 49.56 | 56.08 | 63.58 |
FAQs
What is the main function of Reliance Industries Limited Company?
Reliance Industries operates in sectors including energy, petrochemicals, natural gas, retail, telecommunications, and media.
What is the future prediction of Reliance Industries Limited?
Reliance Industries is expected to perform well due to its diversified portfolio and strong market presence, making it a potentially profitable long-term investment.
Does Reliance Industries Pay Dividends?
Yes, Reliance Industries (RIL) has a history of paying dividends to its shareholders. The dividend yield for RIL is around 0.32%, which is considered a low yield. This means that for every ₹1,000 invested in the stock, you would receive an annual dividend of ₹3.20.
Conclusion
- Summarize the key points discussed in the blog.
- Reiterate the importance of understanding share price targets for investors.
- Encourage readers to consider professional advice before investing.
- Highlight the potential long-term profitability of investing in Reliance Industries shares.
Disclaimer: Please don’t make your investment decisions just based on the target prices on this site. They are only guesses. Investing in stocks always has risks. The info here is just to help you learn and speculate and isn’t financial advice. All investments can lead to gains or losses, and nothing is sure. We aren’t responsible for any money you might lose from the info on this site. Always do your own research before investing.
