Reliance Industries Ltd(RELIANCE)

NSE: RELIANCEBSE: 500325

₹ 1,190+1.19%refreshed 23 Oct, 03:59 pm ISTMarket cap: ₹ 16.10 L crWebsite: www.ril.comUpdated: 24 Oct 2026

About

Reliance Industries Ltd calls itself India's largest private sector enterprise. Its businesses span energy and materials, digital services, retail, media and entertainment, green technologies and AI. It reported revenue of Rs 1,075,675 crore in FY26 and ranks #88 on the Fortune Global 500, the highest-ranked Indian company. Jio Platforms had 533 million subscribers in Q1 FY27, and Reliance Retail describes itself as the largest and most profitable retailer in India.^[1][2]

Business segments

Oil to Chemicals (O2C): revenue of ₹6,62,401 crore in FY26 vs ₹6,26,921 crore in FY25, 50.4% of segment revenue in FY26.^[1][3]
Retail: value of sales and services of ₹3,71,085 crore in FY26 vs ₹3,30,943 crore in FY25, 28.2% of segment revenue.^[1][3]
Digital Services: ₹1,76,164 crore in FY26 vs ₹1,54,119 crore in FY25, 13.4% of segment revenue.^[1][3]
Media and Entertainment: ₹40,682 crore in FY26 vs ₹20,696 crore in FY25, up 96.6%.^[1]
Oil and Gas: revenue of ₹23,861 crore in FY26 vs ₹25,211 crore in FY25, down 5.4% on natural decline at KG D6.^[1]
Between FY2019 and FY2026, Retail's share of revenue rose 11.2 pp and Digital Services' rose 7.4 pp, while O2C's fell 0.7 pp.^[3]

Key operating numbers

O2C throughput: 18.1 MMT in Q1 FY27; a planned turnaround cut volumes by about 10%.^[4]
Gasoil crack: $63.0/bbl in Q1 FY27, up 4x YoY. ATF crack: $62.9/bbl, up 4.4x. Gasoline crack: $25.6/bbl, up 2.6x.^[4]
Average Brent crude price: $104.5/bbl in Q1 FY27, up 54% YoY.^[4]
KGD6 gas production: 24.8 MMSCMD in Q1 FY27, down 7.4% YoY. Gas price realisation: $8.89/MMBTU, down 10.8% YoY.^[4]
KGD6 oil/condensate realisation: $107.4/bbl in Q1 FY27, up 53.6% YoY.^[4]
CBM gas production: 1 MMSCMD in Q1 FY27, up 10.7% YoY. CBM price realisation: $12.0/MMBTU, up 21.2%.^[4]
Jio ARPU: ₹215.6/month in Q1 FY27, up ₹7 YoY. Per capita data use: 42.3 GB/month as of Q4 FY26.^[4]

O2C operations and fuel retail

Ethane and ROGC made up about 70% of ethylene feedstock as of Q1 FY27, while naphtha prices rose 61% to $903/MT.^[4]
RIL has processed more than 200 grades of crude oil across its refining system.^[5]
Three Very Large Ethane Carriers (VLECs) were ordered; the first reached US ports to load as of Q1 FY27.^[4]
Jio-bp operated 2,199 outlets in FY26; HSD sales grew 29% and MS sales 32% YoY.^[1]
Jio-bp Pulse has 6,200+ EV charging points across 1,071 sites as of FY26.^[1]
CBG production reached 270+ TPD from 35 operating plants (capacity about 700 TPD) in FY26; RIL accounts for over 30% of India's CBG production.^[1]

Digital Services and media

Jio had 533 million subscribers in Q1 FY27, 285 million of them on 5G.^[4]
Jio is the world's largest fixed wireless operator, with 13 Million+ subscribers as of FY26.^[1]
Digital services revenue grew 20% YoY in Q1 FY27, against 11% growth in connectivity.^[4]
JioStar platform MAUs crossed 530 million in Q1 FY27 and reached 700 million during the IPL.^[4]

Retail and consumer brands

Reliance Retail had 20,160 stores covering 78.3 Million sq. ft in FY26.^[1]
Registered customers rose to 387 million in FY26, with over 1.9 billion transactions in the year.^[1]
JioMart's network of 3,100+ stores serves over 5,100 pincodes across 1,200+ cities (FY26).^[1]
Retail revenue reached ₹90,408 crore in Q1 FY27, up 12% YoY.^[4]
RCPL's gross revenue doubled to ₹22,000 crore in FY26. Campa reached ₹4,700+ crore gross sales and in March 2026 became India's fourth-largest carbonated soft drinks brand.^[1]
RCPL revenue was ₹8,600 crore in Q1 FY27, up 2.1x YoY.^[4]
RCPL acquired Goodness Group, Brylcreem, Toni & Guy, Matey and Badedas; Reliance Retail acquired the Kelvinator brand IP for India.^[1]
RCPL reached 5,000+ distributors and 3 million+ retail outlets as of Q1 FY27.^[4]

Expansion and capex

FY26 capex was ₹1,44,271 crore, against ₹1,31,107 crore in FY25.^[1][6]
RIL announced a plan to invest ₹10 lakh crore in multi-gigawatt AI-ready data centres (FY26 annual report).^[1]
RIL contracted to build and manage a 168 MW AI-ready data center in Jamnagar for Meta.^[4]
Solar HJT modules: about 1 GWp produced and ALMM certified as of Q1 FY27; scale-up to 20 GWp planned.^[4][1]
The Jamnagar battery gigafactory is to be commissioned at 40 GWh in FY27, with the total target raised to 120 GWh.^[4]
CBG is targeted to reach 1,100 TPD from 55 operating plants by the end of FY27.^[1]
Four infill wells are planned at KG D6, targeting about 220 BCF of additional gas.^[1]
A 15-year green ammonia supply contract valued at $3 billion runs from 2029 to 2044.^[5]

Recent developments

07 Oct 2026: RIL received a customs penalty order of Rs. 18,74,978 for incorrect classification of imported goods and intends to appeal.^[7]
The KGD6 gas price ceiling is expected to rise by at least $1/MMBTU in H2 FY27, to about $9.9/MMBTU.^[4]
RIL and Meta jointly invested ₹855 crore, in a 70:30 ratio, in an enterprise AI joint venture.^[1]
RCPL beverages are due to launch in Australia and Africa in Q2 FY27.^[4]
The promoter group held 49.11% of the company as of the FY26 annual report.^[1]

Market Cap

₹16,10,372 Cr

High / Low

₹1,611 / 1,152

Stock P/E

21.6

Price / Book

1.8

Book Value

₹668

EPS

₹59.7

No. of Shares

1,353.25 Cr

ROCE

9.7%

ROE

9.3%

OPM

13.6%

Debt / Equity

0.41

Sales

₹10,75,675 Cr

Net Profit

₹95,754 Cr

Promoter holding

50.4%

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Reliance Industries Ltd(RELIANCE)

About

Business segments

Key operating numbers

O2C operations and fuel retail

Digital Services and media

Retail and consumer brands

Expansion and capex

Recent developments

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