We Care

For an inclusive ecosystem
For digital transformation
For sustainable value creation

For an empowered workforce
For a greener planet
For societal well-being

Welcome to Reliance Integrated Annual Report 2021 -22

Big achievements follow if you dream big. Reliance is a proof of the power of dreams.

Shri Dhirubhai H. Ambani Founder Chairman

I would like the story of Reliance to be told in that book which has no final chapter and one which is continually updated with records of bolder initiatives and more glittering successes, and where successive generations create even greater societal value and contribute to India's growth.

Shri Mukesh D. Ambani Chairman & Managing Director

Reliance Industries Limited (RIL) is a Fortune 500 company and the largest private sector corporation in India.

With a strongly integrated energy business and the most expansive digital and retail footprint in the country, RIL is India’s largest corporate value creator and the highest valued company.

RIL has always strived to positively touch lives and empower society. Inspired by its ethos of We Care, RIL has been driving inclusion, democratising connectivity and caring for the community and environment.

India’s largest company

BY MARKET CAPITALISATION

`17,81,841 crore

BY REVENUE

`7,92,756 crore

BY NET PROFIT

`67,845 crore

One of the highest contributors to India's economic growth

EXPORTS

`2,54,970 crore

COMMUNITY DEVELOPMENT

`1,186 crore

CSR contribution

EMPLOYMENT CREATION

2,32,822

New jobs created

Note: All figures are as on/for the year ended March 31, 2022

Reliance at a glance

Innovating for India at scale

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Retail

India's largest retailer by revenue, scale and profitability, operating through an integrated network of stores, digital platforms and merchant partners.

REVENUE 26.7%

`1,99,749 crore

(US$ 26.4 billion)

EBITDA 26.2%

`12,423 crore

(US$ 1.6 billion)

Read more

Digital Services

India's largest all IP telecom network, with cloud-native and 5G-ready capabilities. Connecting well over 99% of India's population.

REVENUE 10.9%

`1,00,161 crore

(US$ 13.2 billion)

EBITDA 18.3%

`40,268 crore

(US$ 5.3 billion)

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Media and Entertainment

One of India’s largest media houses with omni-channel presence. Brings authentic news and wholesome entertainment to Indian audiences.

REVENUE 25.1%

`6,831 crore

(US$ 0.9 billion)

EBITDA 35.7%

`1,080 crore

(US$ 0.1 billion)

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Oil to Chemicals

One of the world’s most deeply integrated Oil to Chemicals operations. Powers India’s energy security and contributes to circular economy.

REVENUE 56.5%

`5,00,900 crore

(US$ 66.1 billion)

EBITDA 38.1%

`52,722 crore

(US$ 7.0 billion)

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Oil and Gas E&P

Upstream portfolio comprising deep and ultra-deep water oil & gas fields and coal bed methane blocks in India.

REVENUE 250.1%

`7,492 crore

(US$ 1.0 billion)

EBITDA 2015.1%

`5,457 crore

(US$ 0.7 billion)

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New Energy

Building technologies, scaling capacities and creating a new energy ecosystem for India and RIL to achieve the ambition of Net Carbon Zero.

JioGenNext

Startup accelerator backed by RIL, to encourage, support and enable ventures that solve new age challenges.

We Care

Reliance has always strived to positively touch lives and empower society. Inspired by our ethos of We Care, we have been driving inclusion, democratising connectivity and caring for the community and environment.

Redefining India’s retail landscape

We Care for an inclusive ecosystem

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Accelerating India's digital transformation

We Care for digital transformation

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Reimagining modern mobility for India

We Care for sustainable value creation

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Shaping our shared future

We Care for a greener planet

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Chairman and Managing Director’s statement

Reliance played a leading role in caring for India and Indians in the last couple of years of the pandemic. We now aim to care for the Planet as we embark on our most exciting transformation – the Green Transformation.

Shri Mukesh D. Ambani Chairman and Managing Director,
Reliance Industries

Read the MD & Chairman's Statement Meet the Board
Stakeholder Value-creation

Ushering in Shared Prosperity

VALUE ADDED STATEMENT

(Consolidated)

Value added is defined as the value created by the activities of a business and its employees.

Key Performance Indicators

Delivering on all Fronts

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REVENUE

`7,92,756 crore

47.0%

PROFIT AFTER TAX

`67,845 crore

26.2%

EARNINGS PER SHARE

`92.0

20.5%

DIVIDEND PER SHARE

`8

 

NET WORTH

`6,45,127 crore

17.7%

BOOK VALUE PER SHARE

`1,152.1

6.1%

DEBT EQUITY RATIO

0.34

 

CONTRIBUTION TO NATIONAL EXCHEQUER

`1,88,012 crore

 

MARKET CAPITALISATION*

`17,81,841 crore

*as on March 31, 2022

EBITDA OF CONSUMER BUSINESS

`52,691 crore

 

SHARE OF CONSUMER BUSINESS IN SEGMENT EBITDA

44.4%

 

REGISTERED CUSTOMER BASE - RELIANCE RETAIL

193 million

24%

DATA TRAFFIC

91.4 billion GBs

 

HSE EXPENDITURE

`798 crore

 

CUMULATIVE REACH

5.75+ crore

 

PERSON-HOURS OF TRAINING IMPARTED

2.2+ crore

 

ENERGY SAVED

2.11 million GJ

 

VILLAGES BENEFITTED

50,600+

 

TOTAL NUMBER OF EMPLOYEES

3.4+ lakh

 

10-year financial highlights

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Financial
Performance

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ESG

Revolutionising with
responsibility

Keeping Care
at the core

COVID-19 response

Our ’We Care’ philosophy was best manifested in the way we stood by the nation during the testing times of the COVID-19 pandemic. Across India, our
multi-pronged initiatives for communities, patients and employees reflected the way Reliance cares for people and communities.

For employees

100% medical expenses paid

Salary for the next 5 years to the families of any deceased full time employee + education expense of children + medical coverage for life

For communities

Free-of-cost vaccinations, food missions, medical care and support

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Reliance Foundation

Empowering
India, enriching lives

Rural
Transformation

50,600+

villages empowered

Education

3.9+ lakh

children and teachers impacted through various education initiatives

Disaster Response

11.4+ lakh

people benefited

Health

73.6 lakh

health consultations provided

Sports for
Development

2.15 crore

youth and children reached

Arts, Culture and Heritage

We support and promote India's art, culture and heritage. We also help in the revival and upkeep of public spaces.

We Nurture Startup Ecosystem

Promoting Young India's
Entrepreneurial Zeal

JioGenNext was founded on our Chairman
Shri Mukesh D. Ambani's vision of nurturing startups as he recognised early on that startups are a powerhouse of talent, technology and innovative solutions that are needed to resolve some of the country's most longstanding problems.

Read more

Accessing Global
Innovation

RIL is the 1st Indian company to be a partner in an Israel Innovation Authority (IIA) sponsored incubator jointly with OurCrowd, Yissum (Hebrew University) and Ben-Gurion University. Since 2017, Labs/02 is highly successful in investing in promising Israeli deep-tech startups bringing disruptive innovation to solve societal problems. This enables deeper exposure and faster access to global innovation while supporting strong founders turn early stage ideas into market leaders

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Risk and Governance

Strategic and Commercial Risks
Safety and Operational Risks
Compliance and Control Risks
Financial Risks

Integrated Approach
to Sustainable Growth

Natural Capital

Caring for our planet: Building a more sustainable world

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Human Capital

Nurturing the 'One Reliance' Family: Creating a growth-driven workplace with care and empathy

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Manufactured Capital

Committed to growing with care for the planet

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Intellectual Capital

Research and development for a sustainable future

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Social and Relationship Capital

Caring for the community: Building a stronger India

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Financial Capital

Financial Performance and Review

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Extending 'Care'
during COVID-19

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Reliance's Integrated approach
to ESG governance

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Driving ESG growth
in Reliance

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Responding to the Material Issues

Reliance has always strived to address issues concerning its stakeholders and the growth of its businesses. The Company consistently works towards creating a long-term value for all its stakeholders by responding to their needs and expectations.

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