Reliance Retail is the retail initiative of the Mukesh Ambani group and is central to consumer facing businesses. The company has the distinction of being the largest retailer in the country. Reliance Industries share or RIL share price is going up regularly and hence good for this company.
Since its inception in 2006, Reliance Retail has grown to cater to millions of customers, and thousands of farmers and vendors. Reliance Retail serves over 100,000 customers every hour, and has the patronage of more than 156 million registered customers. The company’s nationwide network of retail outlets delivers a world-class shopping environment and unmatched customer experience powered by our state-of-the-art technology and seamless supply-chain infrastructure.
Reliance Retail has emerged as the partner of choice for international brands and has established exclusive partnerships with many revered international brands such as Armani Exchange, Burberry, Canali, Pottery Barn, Diesel, Superdry, Hamleys, Ermenegildo Zegna, Marks and Spencer, Paul & Shark, Brooks Brothers, Steve Madden, Grand Vision and many more.
Reliance Retail Ltd, the retail arm of Reliance Industries Ltd, is the biggest store-based retailer in India operating in retail & wholesale segments. Reliance Retail offers private label brands at a unique price-value proposition targeting customers across all social, economic, & demographic strata.
The company is shifting its focus on expanding the reach of its private label brands across offline and online store formats through integration of both channels, and commercial partnership.
Reliance Retail operates chain of convenience stores, supermarkets, specialty and online stores providing choice, convenience and superior value.
Reliance Retail has nearly 200 million registered customers buying across all its formats. It recorded more than 500 million footfalls across all its stores in FY22, a scale unmatched by any other retailer in India. With over 120,000 transactions per hour, Reliance Retail operates at a scale unparalleled in the Indian retail industry and continues to enrich the quality of lives of millions of Indians every day.
Reliance Retail has been fast transforming into the next global retail powerhouse. Today, Reliance Retail is among the Top-10 Retailers in Asia and has been ranked as the second-fastest-growing retailer in the world in Deloitte’s Global Powers of Retailing 2022 report.
RRL’s Brands include
- Reliance Fresh
- Reliance Smart
- Reliance Smart Point
- Reliance Digital
- JioMart Digital
- Jio Store
- Reliance Trends
- Reliance Consumer Brands
Reliance Retail Ventures Limited, a subsidiary of Reliance Industries Limited is the holding company of Reliance Retail (RR) which operates the retail business. In late December, India modified rules around foreign direct investment (FDI) in e-commerce, creating additional hurdles for companies such as Amazon and Flipkart, and giving companies such as RR an edge.
Reliance Retail has adopted a multi-prong strategy and operates a wide array of store formats which cater to planned shopping needs as well as daily or occasional needs of the customers across major consumption baskets of Grocery, Consumer Electronics and Fashion & Lifestyle.
In Grocery consumption basket, Reliance Retail operates Reliance Fresh, Shree Kannan Departmental stores, SMART and Smart Point store formats focused on food, fresh produce, bakery, dairy products, home and personal care products, as well as general merchandise items.
In Consumer Electronics consumption basket, Reliance Retail operates Reliance Digital and MyJio Store formats offering a wide range of consumer electronics, home appliances, computing and mobility products, latest gadgets and accessories. These stores are backed by ResQ, a full-fledged service organisation and India’s only ISO 9001 certified electronics service brand.
In Fashion and Lifestyle consumption basket, Reliance Retail operates a portfolio of formats that serves customers across value, mid, premium and luxury segments. Reliance Retail operates Trends, Trends Woman, Trends Man, Trends Footwear, Project Eve, Reliance Jewels, Hamleys formats and a portfolio of more than 40 marquee international brands such as Armani, Burberry, Diesel, GAS, Marks & Spencer, Superdry, Brooks Brothers, Steve Madden and more.
Reliance Retail has a strong presence in digital commerce channels through AJIO.com, a curated fashion & lifestyle store bringing best of national and international brands to customers doorsteps and Jiomart, India’s largest hyperlocal retail solution that leverages the wide network of Reliance Retail’s grocery stores and well-established supply chain infrastructure.
Deep insight into India’s economic, cultural and consumption diversity drives its vision in the retail universe. More importantly, it has built a strong and unwavering foundation through its extraordinary people. Our nationwide network of retail stores offers a world-class shopping environment and unmatched customer experience.
Domestic competitors are Avenue Supermarts, Future Retail, Trent, Shoppers Stop, V-Mart Retail, Flipkart, Amazon, Snapdeal etc and global competitors are Walmart, Tesco, Carrefour etc.
Reliance Retail Ltd Share Price and Unlisted Shares Details:
Face Value: Rs 10 Per Equity Share
Lot Size: 25-100 Shares (bulk quantity available)
Current Unlisted Share Price: Rs 2200 – 2250 Per Equity Share
Registered Office: 3rd Floor, Court House, Lokmanya Tilak Marg, Dhobi Talao, Mumbai-400002
Reliance Retail Share Price NSE, BSE is not available as shares are unlisted and not listed on any Indian stock exchanges.
Total Available Shares: 1000+ Lot Size : 10 Shares Demat Status: NSDL & CDSL.
Financial performance of Reliance Retail Limited Unlisted Shares: (in Rs crore).
Reliance Retail delivered robust performance with another year of strong revenue growth and profit performance.
The business recorded Gross Revenue of ₹ 260,364 crore for FY23, a growth of 30% over last year driven by broad based growth across consumption baskets.
Net profit for year was Rs 9,181 crore higher by 30%. The business continues strong track record of profit growth registering an EBITDA of ₹17,928 crore, higher by 45% Y-o-Y.
With focus on store network expansion, the business grew its store footprint across consumption baskets. This year the business opened over 3,300 stores, taking total count to 18,040 stores with a total area of 65.6 million sq. ft. The year reflects an unprecedented growth of retail footprint as business has added 25 million sq ft store area representing more than 50% growth of retail space Y-o-Y.
Foreign brokerage firm CLSA has valued Reliance Retail at $70 billion (Rs 5.25 lakh crore) in 2022 based on current growth prospects. If in future new developments come, Reliance Retail might get more value.
Reliance Retail valuation 2022: The current valuation of Reliance Retail is around Rs 28 lakh crore .
Reliance Retail Ventures Limited (Holding Company) holds 99.95% shares in Reliance Retail.
Reliance Industries in its AGM said that many big players are eyeing stake in Reliance Retail.
The business added new growth initiatives to its portfolio by foraying into FMCG and Beauty businesses. The FMCG business launched several products during the year including
‘Independence’ brand and the iconic beverage brand, ‘Campa’. The beauty business launched digital commerce platform ‘Tira’ and opened its flagship store in Mumbai. These businesses would be ramped up progressively in the coming period.
Reliance Retail in the coming few quarters will see huge investment flowing, similar to what we are seeing in Reliance JIO today. So, the valuation will be set up accordingly in the unlisted market. Reliance fresh share price is on a steady uptrend. Shares of another unit Jio which operates Jiomart retail chain are not available. Jio mart share price will also increase in similar fashion once shares are available in market. Reliance retail share price nse and bse will be available once it gets listed after IPO soon.
Reliance Retail is India’s biggest retailer by revenue/network and is akin to an ‘Everything store’ catering to the entire consumer basket. Grocery, Fashion & Lifestyle (F&L) and Consumer Electronics (CE) form its core and is estimated to be spread across 4900 core retail stores.
Reliance Retail to bring back US fashion brand Gap to India 07 July 2022
Reliance Retail entered into a long-term partnership with Gap Inc. to bring iconic American fashion brand Gap to India. With this deal, the Reliance Industries retail arm has become the official retailer for Gap across all channels in India.
Reliance Retail had reached an agreement with Future Group a year ago to acquire the latter’s retail and wholesale business, as well as its logistics and warehousing business, for $3.4 billion.
Reliance Retail has been on a shopping spree in the past few months. It recently acquired a controlling stake in homegrown search engine Just Dial for $466 million. The company has also acquired or inked partnership deals with Netmeds, Urban Ladder, Hamleys, Fynd, which is triggering extra rush on the counter.
The retail behemoth is seeking to crack a deal with QSR chain Subway and recently announced a partnership with Swiggy. Mukesh Ambani had recently dropped a hint about listing the retail arm.
Reliance Retail Annual Report Update 2021 – Dharawat Securities
Click to access RRL_Annual_Report_2020_21.pdf
Reliance Retail reported a turnover of Rs. 1,57,629 crore (US$ 21.6 billion) for the financial year 2020-21. Net profit increased by 0.6% to $750m (Rs54.81bn) for the fiscal year 2021 (FY21). The retail arm of Reliance Industries Limited (RIL) posted EBITDA of $1.3bn (Rs97.89bn), up by 1.1% compared to prior year, and a cash profit of $1.0bn (Rs74.57bn).
In the year, the retailer operated a total of 12,711 physical stores and opened 1,456 shops. The retail arm has a registered customer base of 156 million, a 25% year on year growth.
It continued to focus on bolstering its omni-channel and digital platform capabilities during the year. Last month, Reliance Retail Ventures extended the deadline of acquisition of Future Retail by six months.
Reliance Retail has been ranked as the fastest growing retailer in the world. It is ranked 53rd in the list of Top Global Retailers and is the only Indian Retailer to feature in the Top 100. It is the largest and the most profitable retailer in India with the widest reach.
Avenue Supermarts, one of Reliance Retail’s peers, trades at 120 times FY23E EPS and 90 times FY24E EPS. Similarly, Titan trades at 74 times FY23E EPS and 59 times FY20E EPS, noted analysts.
This presumably reflects the market’s faith in the long runway of growth for retailing companies based on the twin drivers of demographics (reflected in higher GDP/capita) and formalisation (higher share of formal retailing).
Reliance Retail has raised a total of $6.4B in funding over 6 rounds. Their latest funding was raised on Nov 6, 2020 from a Private Equity round.
Earlier this month, Reliance Retail also inked a partnership with WhatsApp Business to compete with e-commerce food and groceries retailers like BigBasket and Grofers. “JioMart would be integrated with WhatsApp to ensure that consumers are able to access the nearest kiranas who can provide products and services to their homes by transacting seamlessly with JioMart using WhatsApp,” the company said.
RIL launched the Jio Mart Pilot initiative, to work with kirana stores by offering services and supplies during the lockdown period.
An interesting investment between Reliance Industries Limited’s Jio Platforms Ltd and Facebook Inc. was announced on April 22. The two companies signed binding agreements for an investment of ₹43,574 crore by Facebook into Jio Platforms. Facebook’s investment will translate into a 9.99 per cent equity stake in Jio Platforms on a fully diluted basis.
Brokerages CLSA and Kotak Institutional Equities already ascribe an enterprise value of over 1 trillion for Reliance Retail, and valuations can be far higher on listing. It is the largest in its industry (its revenues are nearly double the size of D-Mart).
Amazon in talks with Reliance Retail for stake purchase of upto 26%: report
Amazon is in exploratory talks with Reliance Retail to acquire up to 26% in the country’s largest brick-and mortar retailer. A potential partnership will help the duo counter US-based e-commerce giant Walmart. Last year Walmart had invested $16 billion in Flipkart.