RIL Annual Report Analysis - Growing Dominance Of Consumer Businesses: Motilal Oswal
The Reliance Industries Ltd. logo is displayed at the company’s annual general meeting. (Photographer: Adeel Halim/Bloomberg)

RIL Annual Report Analysis - Growing Dominance Of Consumer Businesses: Motilal Oswal

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

FY21 has been a landmark year for Reliance Industries Ltd.

The new-age retail and digital businesses flourished despite the Covid-led disruption, led by the emergence of the company’s disruptive and aggressive growth philosophy.

As a result, this cushioned the impact on the overall business and provided the much needed capital raise and deleveraging.

The company’s fossil fuels business struggled with a 37% decline in Ebitda in FY21.

However, the retail business, partially supported by the online retail and digital businesses, came in much stronger, arresting the decline to just 9% on a consolidated basis to Rs 807 billion.

The company managed to raise Rs 2.6 trillion in capital through an asset monetisation and rights issue.

Click on the attachment to read the full report:

Motilal Oswal Reliance Industries Annual Report Update.pdf

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