Reliance Industries Limited (RIGD) - Net Assets
Based on the latest financial reports, Reliance Industries Limited (RIGD) has net assets worth $10.10 Trillion USD as of March 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($19.50 Trillion) and total liabilities ($9.40 Trillion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check how resilient are Reliance Industries Limited's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $10.10 Trillion |
| % of Total Assets | 51.77% |
| Annual Growth Rate | 19.1% |
| 5-Year Change | 26.29% |
| 10-Year Change | N/A |
| Growth Volatility | 23.51 |
Reliance Industries Limited - Net Assets Trend (2018–2025)
This chart illustrates how Reliance Industries Limited's net assets have evolved over time, based on quarterly financial data. Also explore RIGD total assets for the complete picture of this company's asset base.
Annual Net Assets for Reliance Industries Limited (2018–2025)
The table below shows the annual net assets of Reliance Industries Limited from 2018 to 2025. For live valuation and market cap data, see Reliance Industries Limited (RIGD) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $10.10 Trillion | +9.06% |
| 2024-03-31 | $9.26 Trillion | -0.90% |
| 2023-03-31 | $9.34 Trillion | +5.08% |
| 2022-03-31 | $8.89 Trillion | +11.20% |
| 2021-03-31 | $7.99 Trillion | +73.28% |
| 2020-03-31 | $4.61 Trillion | +16.68% |
| 2019-03-31 | $3.95 Trillion | +33.11% |
| 2018-03-31 | $2.97 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Reliance Industries Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 65.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $3.92 Trillion | 46.48% |
| Other Components | $4.51 Trillion | 53.52% |
| Total Equity | $8.43 Trillion | 100.00% |
Reliance Industries Limited Competitors by Market Cap
The table below lists competitors of Reliance Industries Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
RAFAKO SA
WAR:RFK
|
$555.38K |
|
ArcelorMittal SA
LSE:0RP9
|
$559.46K |
|
MCS Services Ltd
AU:MSG
|
$560.67K |
|
Kooth plc
LSE:KOO
|
$563.19K |
|
Sanderson Design Group PLC
LSE:SDG
|
$549.53K |
|
Steppe Cement
LSE:STCM
|
$546.24K |
|
Kaixin Auto Holdings
NASDAQ:KXIN
|
$546.07K |
|
Aesthetic Medical International Holdings Group Limited
NASDAQ:PAIYY
|
$545.30K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Reliance Industries Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 7,934,810,000,000 to 8,432,000,000,000, a change of 497,190,000,000 (6.3%).
- Net income of 696,480,000,000 contributed positively to equity growth.
- Dividend payments of 67,660,000,000 reduced retained earnings.
- New share issuances of 220,000,000 increased equity.
- Other factors decreased equity by 131,850,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $696.48 Billion | +8.26% |
| Dividends Paid | $67.66 Billion | -0.8% |
| Share Issuances | $220.00 Million | +0.0% |
| Other Changes | $-131.85 Billion | -1.56% |
| Total Change | $- | 6.27% |
Book Value vs Market Value Analysis
This analysis compares Reliance Industries Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.10x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-03-31 | $458.98 | $60.80 | x |
| 2019-03-31 | $604.98 | $60.80 | x |
| 2020-03-31 | $708.40 | $60.80 | x |
| 2021-03-31 | $1035.44 | $60.80 | x |
| 2022-03-31 | $1152.06 | $60.80 | x |
| 2023-03-31 | $1213.63 | $60.80 | x |
| 2024-03-31 | $1172.73 | $60.80 | x |
| 2025-03-31 | $623.08 | $60.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Reliance Industries Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.26%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.22%
- • Asset Turnover: 0.49x
- • Equity Multiplier: 2.31x
- Recent ROE (8.26%) is below the historical average (8.90%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 12.29% | 9.21% | 0.48x | 2.78x | $67.24 Billion |
| 2019 | 10.23% | 6.98% | 0.57x | 2.59x | $8.77 Billion |
| 2020 | 8.68% | 6.59% | 0.51x | 2.57x | $-59.79 Billion |
| 2021 | 7.02% | 10.52% | 0.35x | 1.89x | $-208.89 Billion |
| 2022 | 7.79% | 8.67% | 0.47x | 1.92x | $-172.44 Billion |
| 2023 | 8.12% | 7.58% | 0.51x | 2.09x | $-154.13 Billion |
| 2024 | 8.77% | 7.73% | 0.51x | 2.21x | $-97.27 Billion |
| 2025 | 8.26% | 7.22% | 0.49x | 2.31x | $-146.72 Billion |
Industry Comparison
This section compares Reliance Industries Limited's net assets metrics with peer companies in the Oil & Gas Refining & Marketing industry.
Industry Context
- Industry: Oil & Gas Refining & Marketing
- Average net assets among peers: $49,441,810
- Average return on equity (ROE) among peers: 8.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Reliance Industries Limited (RIGD) | $10.10 Trillion | 12.29% | 0.93x | $550.24K |
| DCC plc (DCC) | $92.91 Million | 20.82% | 1.89x | $60.33 Million |
| N.W.F Group (NWF) | $5.97 Million | -3.11% | 0.69x | $760.36K |
About Reliance Industries Limited
Reliance Industries Limited engages in hydrocarbon exploration and production, oil and chemicals, textile, retail, digital, material and composites, renewables, and financial services businesses worldwide. It operates through Oil to Chemicals, Oil and Gas, Retail, Digital Services, and Others segments. The company produces and markets petroleum products, such as liquefied petroleum gas, propylene… Read more