Is Reliance On War!

Is Reliance On War!

Hey friends, today I would try to give a financial report on Reliance.Reliance Industries Limited (RIL) is an Indian multinational conglomerate company headquartered in Mumbai, Maharashtra. Reliance owns businesses across India engaged in energy, petrochemicals, textiles, natural resources, retail, and telecommunications. Reliance is one of the most profitable companies in India,the largest publicly traded company in India by market capitalization,and the largest company in India as measured by revenue after recently surpassing the government-controlled Indian Oil Corporation. In today's terms, Reliance has grown very much and is expanding at a really fast speed. It is giving an edge to edge competition in almost every field to its competitors. So, in this blog,we would discuss the sectors in which Reliance is expanding:

The telecom sector:

Talking about the telecom sector, almost every one of us knows what Reliance Jio is. It had came in 2016 as a revolution. It nearly disrupted the businesses of huge telecom companies like Bharti Airtel, Vodafone and idea. I think that the Vodafone-Idea partnership existed only because of Jio. Due to Jio only, the other telecom companies were forced to cut down their prices and due to which, we are enjoying the data at very low prices as compared in the other countries. Although it's a fact that Airtel provides the fastest internet and many other valuable services that other telecom companies are not providing but still it's internet works on only specific services. You may be surprised to know that still in India in 2020, almost 50cr. of our population is still awaiting to use the internet and yet the true 4g speed is still not delivered to us. So, I think that there is a need of an another revolution providing these services in the telecom sector.

The garments store sector:

Talking about Reliance trends, it has over 777 fashion outlets all over India. It provides the latest trendy apparels and clothes at their store. It is responsible for almost 70% of the company's revenue.It was founded in 2007 as a part of the launch of Reliance retail stores.

Supermarket sector:

Well, this sector is responsible for a market share of more than 50% in the delivery of fresh fruits and vegetables in the whole Indian market. Reliance fresh was first founded in 2006 and has over 621 outlets in India as of now. Reliance Smart is a new age supermarket serving the needs of today's smart and value seeking customers. Reliance smart offers a one-stop shopping experience by offering fresh produce, bakery, dairy products, home and personal care products, general merchandise and in many cases are co-located with Reliance's fashion & electronics store.

E-commerce sector:

Talking about fynd, it was founded by Farooq Adam, Harsh Shah, Sreeraman Mohan Girija in September 2012. Yes,it is not completely owned by Reliance but still it has a share of 87.6% at a cost of around ₹295 cr. Talking about ajio,it is a one stop online fashion destination brought from the house of Reliance. It is the largest fashion outlet in India - having 15000+ stores across 1000+ cities. It was founded in 2006 along with Jio retail.

Digital streaming sector:

In music streaming,talking about JioSaavn,it is a freemium service in which basic features are free with advertisements or limitations, while additional features, such as improved streaming quality and music downloads, are offered via paid subscriptions. On 23 March 2018, Saavn announced merger with JioMusic in a deal worth more than $1 billion. The merger was completed in December 2018, with Saavn being rebranded JioSaavn. In video streaming, ALT Balaji is a premium service which offers a 3 month subscription plan for ₹100 and a year for ₹300. However, it is not completely owned by Reliance. Reliance is having a share of 25% in it. However, it's a very small competitor as compared to big video streaming services like Netflix, Amazon prime video,etc.

Electronics sales sector:

Talking about Reliance digital, currently there are around 2,000 Reliance Digital and Reliance Digital Xpress Mini Stores in around 600 cities in India. The stores are spread across the states of Andhra Pradesh, Delhi, Gujarat, Karnataka, Kerala, Maharashtra, Tamil Nadu, Telangana and West Bengal. Reliance Digital Stores are bigger in size than the other format Digital Xpress Mini Stores. It was founded in 2007 as a part of the launch of Reliance retail stores.

Local delivery sector:

Talking about Jio mart, it has not yet been launched fully but still it possesses a great threat to its competitors like Grofers,Big Basket,etc se it has some amazing features which we didn't actually expected. It would be an e-commerce marketplace that directly connects the retailers to consumers i.e. it will not be involved in handling out the storage but will connect local retailers & merchants on the portals with the consumers directly and allow them to sell their goods to the customers. This is unique, and will help the customers with their purchases without any added storehouse costs.Some other general features are:

i) Free home delivery

ii) Safe delivery of products

iii) Fast delivery

iv) No arguments will be done while returning the products

v) Time to Time updates about the products will be given to the consumer.

Augmented/Virtual Reality Sector:

On its 42nd annual meeting,. Reliance announced its mixed reality (MR) platform Holoboard, which combines augmented reality and virtual reality. Interestingly, the device is developed by Mumbai-based VR startup Tesseract, and Reliance announced an investment in the company. Turns out, the investment is actually an acquisition as Reliance has acquired a majority stake in Tesseract in May 2019. Reportedly, the majority stake is around 92.7%.

Education technology sector:

Reliance Industries Limited (RIL) has entered into agreements to acquire a majority stake in Individual Learning Private Limited (Embibe), an Education technology provider. Reliance will invest about $180 million( around ₹1350cr. ) to acquire 72.7% of Embibe in next three years.Embibe is a Bangluru based company founded in 2012 by Aditi Avasthi. They provide an Artificial Intelligence (AI) platform which facilitates test taking to prepare for competitive exams. They claim that the platform help students improve their performance in competitive exams.

Petrochemical sector:

Reliance Petroleum is amongst one of the leading petroleum companies in the world. Its wide range of petrol and petroleum products cater to diversified businesses in the oil and gas industry. It has an approximately 20% share in the Indian petroleum market.

Thank you