BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Motilal Oswal Report
Over the last five years, Reliance Industries Ltd. has seen a huge transformation from being an energy company to becoming a market leader in both the digital and retail space.
The contribution from its standalone business to consolidated Ebitda has declined to approximately 60% in FY20 from ~85% in FY15, and is likely to decrease to ~45% in FY23E.
On a segmental standalone basis, petrochemical’s contribution to Ebitda stood ~35% in FY15 and is likely to grow to ~53% in FY23E on the back of various augmentation/upgrades the company has undertaken to integrate and form an oil-to-chemicals business (with a total capex spend of ~ Rs 2.4 trillion since FY15).
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
POPULAR