Reliance Industries Ltd - Company Profile

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Reliance Industries Ltd: Segment Analysis

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Business Description

Reliance Industries Ltd (RIL), a diversified company, has business interests that span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and digital services. The company operates through five business segments: Oil to Chemicals (O2C), Oil and Gas, Retail, Digital Services and Others.

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R&D Overview

RIL has undertaken a comprehensive R&D strategy focusing on several key areas: circular economy, bio-innovations, affordable and clean energy, climate change, responsible chemistry, indigenisation, and digital services. The company is working on initiatives such as chemical recycling of polyester textile waste, algae-based biomanufacturing, biomass catalytic gasification, bio-compostable materials, and the development of a homegrown 5G stack. RIL is also focusing on deep-tech energy solutions through global collaboration and proprietary R&D, with an emphasis on cost-competitive advanced technologies and sustainable, low-carbon materials. The R&D unit of RIL is responsible for research, technology development, and technology adoption, creating superior value and competitive advantage. The unit focuses on developing new products, processes, and catalysts to strengthen existing businesses. It also provides advanced support for capital projects and reliability improvements in manufacturing plants through novel and innovative solutions to achieve net carbon goals. As of March 31, 2026, the company has filed 6,817 patents globally, with 2,393 filed in India and 4,424 in foreign jurisdictions. Of these, 1,009 patents have been granted, including 538 in India and 471 in foreign jurisdictions. In FY2026, the company spent INR46,820 million on R&D, which, as a percentage of revenue, stood at 0.4%.

Business Segments

Overview

Consists of RIL’s digital communications and service initiatives under Jio brand. These initiatives include affordable devices, digital communication, digital currency, Jio drive, digital education, digital healthcare, digital entertainment and social connectivity, and digital entrepreneurship.

Performance

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Overview

Includes refining, petrochemicals and fuel retailing through Reliance BP Mobility Ltd, aviation fuel and bulk wholesale marketing. Its portfolio includes transportation fuels, polyesters, polymers and elastomers.

Performance

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Overview

Comprises organized retail business in India. Reliance Retail is the retail initiative of RIL, which operates neighbourhood stores, supermarkets, hypermarkets, wholesale cash and carry, specialty and online stores. Reliance Retail covers core consumption baskets of grocery, fashion and lifestyle, consumer electronics, connectivity and petro retail. In grocery, Reliance Retail operates three unique store concepts: Reliance Fresh, Reliance Smart and Reliance Market. In consumer electronics, Reliance Retail operates two store concepts, Reliance Digital and Jio Store. In fashion and lifestyle, Reliance Retail operates stores under brands such as Trends, Footprint and Jewels. Reliance Brands has a portfolio of international brands that span the entire spectrum of luxury, high-premium and high-street lifestyle sectors Petro Retail outlets offer diesel, petrol and LPG to customers.

Performance

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Overview

Upstream assets include conventional deepwater acreages and unconventional sources such as shale gas and coal bed methane (CBM) formations. Domestic portfolio comprises KG-D6 plant in East Godavari, Andhra Pradesh and Saurashtra basins and two CBM blocks in Sohagpur East and West in Madhya Pradesh.

Performance

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Overview

Includes media, SEZ development and textiles businesses.

Performance

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Geographical Segments

Performance

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Performance

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