Reliance Industries Ltd Stock/Share Price, Latest BSE/NSE Reliance Industries Ltd Financial Summary at www.indiainfoline.com

Y/e 31 Mar	Mar-2021	Mar-2020	Mar-2018	Mar-2017
Growth matrix (%)
Revenue growth	(22)	52.40	28.30	11.50
Op profit growth	(8.50)	37.50	38.90	10.80
EBIT growth	(12)	39.10	30.70	3.68
Net profit growth	24.80	9.09	20.60	0.52
Profitability ratios (%)
OPM	17.30	14.80	16.40	15.10
EBIT margin	15.10	13.40	14.70	14.40
Net profit margin	10.50	6.59	9.21	9.79
RoCE	7	10.90	10.50	9.12
RoNW	2.14	2.65	3.24	3.02
RoA	1.22	1.34	1.65	1.55
Per share ratios ()
EPS	83.40	62.90	60.90	101
Dividend per share	7	6.50	6	11
Cash EPS	33.40	27.10	32.70	61.70
Book value per share	1,035	709	496	891
Valuation ratios
P/E	24	17.50	14.40	6.48
P/CEPS	60.10	40.70	26.70	10.60
P/B	1.93	1.56	1.76	0.73
EV/EBIDTA	16.20	10.10	10.70	11.60
Payout (%)
Dividend payout	--	--	9.85	--
Tax payout	(3.50)	(24)	(27)	(25)
Liquidity ratios
Debtor days	15.10	11.40	12	7.56
Inventory days	60.80	41.20	51.20	57
Creditor days	(97)	(73)	(102)	(96)
Leverage ratios
Interest coverage	(3.30)	(3.60)	(7.10)	(11)
Net debt / equity	0.36	0.72	0.80	0.81
Net debt / op. profit	3.14	3.68	3.67	4.64
Cost breakup ()
Material costs	(63)	(68)	(68)	(70)
Employee costs	(3.20)	(2.40)	(2.40)	(2.70)
Other costs	(17)	(15)	(13)	(13)

Y/e 31 Mar( In .Cr)	Mar-2021	Mar-2020	Mar-2018	Mar-2017
Revenue	466,924	596,743	391,677	305,382
yoy growth (%)	(22)	52.40	28.30	11.50
Raw materials	(292,701)	(405,240)	(267,466)	(212,300)
As % of sales	62.70	67.90	68.30	69.50
Employee costs	(14,817)	(14,075)	(9,523)	(8,388)
As % of sales	3.17	2.36	2.43	2.75
Other costs	(78,669)	(89,211)	(50,512)	(38,500)
As % of sales	16.80	14.90	12.90	12.60
Operating profit	80,737	88,217	64,176	46,194
OPM	17.30	14.80	16.40	15.10
Depreciation	(26,572)	(22,203)	(16,706)	(11,646)
Interest expense	(21,189)	(22,027)	(8,052)	(3,849)
Other income	16,327	13,956	10,008	9,443
Profit before tax	49,303	57,943	49,426	40,142
Taxes	(1,722)	(13,726)	(13,346)	(10,201)
Tax rate	(3.50)	(24)	(27)	(25)
Minorities and other	(4,611)	(526)	(5)	68
Adj. profit	42,970	43,691	36,075	30,009
Exceptional items	5,642	(4,444)	--	--
Net profit	49,128	39,354	36,075	29,901
yoy growth (%)	24.80	9.09	20.60	0.52
NPM	10.50	6.59	9.21	9.79

Y/e 31 Mar ( In .Cr)	Mar-2021	Mar-2020	Mar-2018	Mar-2017
Revenue	245,667	335,978	290,042	242,025
yoy growth (%)	(27)	15.80	19.80	3.80
Raw materials	(176,173)	(244,711)	(202,065)	(164,572)
As % of sales	71.70	72.80	69.70	68
Employee costs	(5,024)	(6,067)	(4,740)	(4,434)
As % of sales	2.05	1.81	1.63	1.83
Other costs	(30,970)	(33,347)	(31,496)	(29,763)
As % of sales	12.60	9.93	10.90	12.30
Operating profit	33,500	51,853	51,741	43,256
OPM	13.60	15.40	17.80	17.90
Depreciation	(9,199)	(9,728)	(9,580)	(8,465)
Interest expense	(16,211)	(12,105)	(4,656)	(2,723)
Other income	14,818	14,541	8,220	8,709
Profit before tax	22,908	44,561	45,725	40,777
Taxes	4,732	(9,413)	(12,113)	(9,352)
Tax rate	20.70	(21)	(26)	(23)
Minorities and other	--	--	--	--
Adj. profit	27,640	35,148	33,612	31,425
Exceptional items	4,304	(4,245)	--	--
Net profit	31,944	30,903	33,612	31,425
yoy growth (%)	3.37	(8.10)	6.96	14.80
NPM	13	9.20	11.60	13

Y/e 31 Mar ( In .Cr)	Mar-2021	Mar-2020	Mar-2018	Mar-2017
Profit before tax	49,303	57,943	49,426	40,142
Depreciation	(26,572)	(22,203)	(16,706)	(11,646)
Tax paid	(1,722)	(13,726)	(13,346)	(10,201)
Working capital	(4,507)	(154,073)	(179,241)	(140,492)
Other operating items	--	--	--	--
Operating cashflow	16,502	(132,059)	(159,867)	(122,197)
Capital expenditure	537,509	510,303	340,313	100,274
Free cash flow	554,011	378,244	180,446	(21,923)
Equity raised	799,185	573,300	437,167	426,615
Investments	343,232	238,171	40,014	22,297
Debt financing/disposal	333,552	427,288	333,650	326,970
Dividends paid	--	--	3,553	--
Other items	--	--	--	--
Net in cash	2,029,980	1,617,003	994,830	753,959

Y/e 31 Mar ( In .Cr)	Mar-2021	Mar-2020	Mar-2019	Mar-2018
Equity capital	46,288	6,340	5,928	5,937
Preference capital	--	--	--	--
Reserves	653,884	442,826	381,184	287,569
Net worth	700,172	449,166	387,112	293,506
Minority interest
Debt	270,648	355,133	307,714	239,843
Deferred tax liabilities (net)	58,207	68,216	71,187	45,069
Total liabilities	1,128,287	884,696	774,293	581,957
Fixed assets	667,211	641,764	577,837	590,907
Intangible assets
Investments	364,828	276,767	235,635	82,862
Deferred tax asset (net)	22,353	16,993	26,040	20,526
Net working capital	56,498	(81,748)	(76,300)	(116,593)
Inventories	81,672	73,903	67,561	60,837
Inventory Days	63.80	45.20	--	56.70
Sundry debtors	19,014	19,656	30,089	17,555
Debtor days	14.90	12	--	16.40
Other current assets	169,943	120,005	75,427	54,857
Sundry creditors	(108,897)	(96,799)	(108,309)	(106,861)
Creditor days	85.10	59.20	--	99.60
Other current liabilities	(105,234)	(198,513)	(141,068)	(142,981)
Cash	17,397	30,920	11,081	4,255
Total assets	1,128,287	884,696	774,293	581,957

Y/e 31 Mar ( In .Cr)	Mar-2021	Mar-2020	Mar-2019	Mar-2018
Equity capital	46,288	6,340	6,341	6,350
Preference capital	--	--	--	--
Reserves	428,195	384,875	398,981	308,297
Net worth	474,483	391,215	405,322	314,647
Minority interest
Debt	221,698	298,599	161,720	116,881
Deferred tax liabilities (net)	30,788	50,556	48,271	28,768
Total liabilities	726,969	740,370	615,313	460,296
Fixed assets	339,668	334,443	314,745	300,447
Intangible assets
Investments	347,285	491,823	331,683	225,222
Deferred tax asset (net)	--	--	954	842
Net working capital	34,443	(94,381)	(35,837)	(68,946)
Inventories	37,437	38,802	44,144	39,568
Inventory Days	55.60	42.20	--	49.80
Sundry debtors	4,159	7,483	12,110	10,460
Debtor days	6.18	8.13	--	13.20
Other current assets	139,551	90,663	69,295	39,097
Sundry creditors	(86,999)	(71,048)	(88,241)	(88,675)
Creditor days	129	77.20	--	112
Other current liabilities	(59,705)	(160,281)	(73,145)	(69,396)
Cash	5,573	8,485	3,768	2,731
Total assets	726,969	740,370	615,313	460,296

Select Period

Particulars ( Rupees In Crores.)	Mar-2021	Dec-2020	Sep-2020	Jun-2020	Mar-2020
Gross Sales	172,095	137,829	128,385	100,929	151,461
Excise Duty	22,520	19,969	17,149	12,676	14,969
Net Sales	149,575	117,860	111,236	88,253	136,492
Other Operating Income	--	--	--	--	--
Other Income	4,048	4,528	4,354	9,676	3,881
Total Income	153,623	122,388	115,590	97,929	140,373
Total Expenditure **	126,224	96,415	92,291	71,378	118,754
PBIDT	27,399	25,973	23,299	26,551	21,619
Interest	4,044	4,326	6,084	6,735	6,064
PBDT	23,355	21,647	17,215	19,816	15,555
Depreciation	6,973	6,665	6,626	6,308	6,332
Minority Interest Before NP	--	--	--	--	--
Tax	609	295	378	923	1,376
Deferred Tax	778	(207)	(391)	(663)	1,301
Reported Profit After Tax	14,995	14,894	10,602	13,248	6,546
Minority Interest After NP	1,768	1,793	1,035	15	198
Net Profit after Minority Interest	13,227	13,101	9,567	13,233	6,348
Extra-ordinary Items	730	(119)	--	4,627	(3,028)
Adjusted Profit After Extra-ordinary item	12,497	13,220	9,567	8,606	9,376
EPS (Unit Curr.)	20.50	20.30	14.80	20.70	9.95
Book Value (Unit Curr.)	--	--	--	--	--
Dividend (%)	--	--	--	--	--
Equity	6,445	6,445	6,445	6,445	6,339
Public Shareholding (Number)	--	--	--	--	--
Public Shareholding (%)	--	--	--	--	--
Pledged/Encumbered - No. of Shares	--	--	--	--	--
Pledged/Encumbered - % in Total Promoters Holding	--	--	--	--	--
Pledged/Encumbered - % in Total Equity	--	--	--	--	--
Non Encumbered - No. of Shares	--	--	--	--	--
Non Encumbered - % in Total Promoters Holding	--	--	--	--	--
Non Encumbered - % in Total Equity	--	--	--	--	--
PBIDTM(%)	18.30	22	20.90	30.10	15.80
PBDTM(%)	15.60	18.40	15.50	22.50	11.40
PATM(%)	10	12.60	9.53	15	4.80