iifl-logo-icon 1
IIFL

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

  • Open Demat with exclusive Advice & Services
  • Get a dedicated Relationship Manager to help you grow your wealth
  • Exclusive advisory on 20+ trading & wealth-based investment options
  • One tap Investments, Automated trading & much more
  • Minimum 1 lakh margin required
sidebar image

Q4FY24 Preview: Reliance Industries: EBITDA seen at ₹425,702 Million, PAT at ₹ 190,501 Million

19 Apr 2024 , 02:54 PM

Result date: April 22, 2024

Recommendation: Buy

Target price: ₹2,792

Reliance Industries (RIL) is likely to register 10% sequential growth in Profit After Tax (PAT), believe analysts at IIFL Securities. At the PAT level, GRM gains could offset weak petchem even as other businesses could maintain their steady performance. Share of B2C segment in the overall EBITDA is estimated at 47% versus 45% over the year-ago quarter and 48% sequentially. Consolidated EBITDA is seen growing at 11% over the year-ago quarter. EBITDA of E&P segment could grow at a robust 53% on the back of ramp-up in production from KG D6 basin. EBITDA growth in retail segment will be led by ramp up of stores. Digital segment’s EBITDA though could grow in single digit.

₹ Million March 2024 estimates YoY change QoQ change
EBITDA 425,702 11% 5%
Profit After Tax 190,501 (1)% 10%

Source: IIFL Research

Segment EBITDA (₹ Million) March 2024 estimates YoY change QoQ change
O2C 157,517 (3)% 12%
Oil & Gas 58,254 53% 0%
Retail 61,950 26% (1)%
Digital services 145,168 8% 2%
Others 19,710 6% 0%

Source: IIFL Research

Related Tags

  • reliance
  • Reliance Industries
  • Reliance Industries Q4
  • RIL
  • RIL Q4
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More

Most Read News

Indian markets close the day in red
29 May 2024|04:50 PM
Power Mech gets new order of Rs 563.23 crore
29 May 2024|04:52 PM
Man Industries gets new orders of ₹490 Crore
29 May 2024|05:18 PM
Read More
Knowledge Centerplus
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Securities Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Knowledge Centerplus

Follow us on

facebooktwitterrssyoutubeinstagramlinkedin

2024, IIFL Securities Ltd. All Rights Reserved

ATTENTION INVESTORS
  • Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
  • KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
  • No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.

RISK DISCLOSURE ON DERIVATIVES
  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to Rs. 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
Copyright © IIFL Securities Ltd. All rights Reserved.

Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

plus
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.