Reliance Industries Limited (RIGD) - Net Assets
Based on the latest financial reports, Reliance Industries Limited (RIGD) has net assets worth $10.86 Trillion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($21.78 Trillion) and total liabilities ($10.92 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 Reliance Industries Limited (RIGD) strategic investment index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $10.86 Trillion |
| % of Total Assets | 49.85% |
| Annual Growth Rate | 16.87% |
| 5-Year Change | 22.15% |
| 10-Year Change | 307.26% |
| Growth Volatility | 16.35 |
Reliance Industries Limited - Net Assets Trend (2005–2026)
This chart illustrates how Reliance Industries Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market value of Reliance Industries Limited.
Annual Net Assets for Reliance Industries Limited (2005–2026)
The table below shows the annual net assets of Reliance Industries Limited from 2005 to 2026. Also explore how fast is Reliance Industries Limited growing its equity to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | $10.86 Trillion | +7.55% |
| 2025-03-31 | $10.10 Trillion | +9.06% |
| 2024-03-31 | $9.26 Trillion | +11.69% |
| 2023-03-31 | $8.29 Trillion | -6.76% |
| 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 | +11.41% |
| 2017-03-31 | $2.67 Trillion | +13.50% |
| 2016-03-31 | $2.35 Trillion | +10.79% |
| 2015-03-31 | $2.12 Trillion | +6.20% |
| 2014-03-31 | $2.00 Trillion | +9.09% |
| 2013-03-31 | $1.83 Trillion | +7.50% |
| 2012-03-31 | $1.70 Trillion | +9.90% |
| 2011-03-31 | $1.55 Trillion | +9.41% |
| 2010-03-31 | $1.42 Trillion | +16.62% |
| 2009-03-31 | $1.21 Trillion | +35.49% |
| 2008-03-31 | $895.99 Billion | +25.07% |
| 2007-03-31 | $716.41 Billion | +39.15% |
| 2006-03-31 | $514.85 Billion | +25.29% |
| 2005-03-31 | $410.94 Billion | -- |
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 4914.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $4.64 Trillion | 51.29% |
| Common Stock | $135.32 Billion | 1.50% |
| Other Components | $4.27 Trillion | 47.22% |
| Total Equity | $9.04 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 |
|---|---|
|
Analog Devices Inc
NASDAQ:ADI
|
$175.05 Billion |
|
Verizon Communications Inc.
F:BAC
|
$176.22 Billion |
|
Foxconn Industrial Internet Co Ltd
SHG:601138
|
$176.55 Billion |
|
COMMONW.BK AUSTR.SP.ADRS
F:CWW0
|
$177.25 Billion |
|
SAP SE
F:SAPA
|
$173.28 Billion |
|
TotalEnergies SE
PA:TTE
|
$173.14 Billion |
|
Seagate Technology PLC
NASDAQ:STX
|
$173.06 Billion |
|
Arista Networks
NYSE:ANET
|
$171.79 Billion |
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 2025 to 2026, total equity changed from 8,432,000,000,000 to 9,040,300,000,000, a change of 608,300,000,000 (7.2%).
- Net income of 807,750,000,000 contributed positively to equity growth.
- Dividend payments of 74,430,000,000 reduced retained earnings.
- Other factors decreased equity by 125,020,000,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $807.75 Billion | +8.93% |
| Dividends Paid | $74.43 Billion | -0.82% |
| Other Changes | $-125.02 Billion | -1.38% |
| Total Change | $- | 7.21% |
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: 0.00x
- 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.
- The price-to-book ratio has decreased from 0.35x to 0.00x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | $145.81 | $51.70 | x |
| 2006-03-31 | $181.37 | $51.70 | x |
| 2007-03-31 | $232.44 | $51.70 | x |
| 2008-03-31 | $291.36 | $51.70 | x |
| 2009-03-31 | $434.17 | $51.70 | x |
| 2010-03-31 | $469.11 | $51.70 | x |
| 2011-03-31 | $512.35 | $51.70 | x |
| 2012-03-31 | $562.91 | $51.70 | x |
| 2013-03-31 | $611.84 | $51.70 | x |
| 2014-03-31 | $669.86 | $51.70 | x |
| 2015-03-31 | $702.82 | $51.70 | x |
| 2016-03-31 | $776.91 | $51.70 | x |
| 2017-03-31 | $883.62 | $51.70 | x |
| 2018-03-31 | $981.46 | $51.70 | x |
| 2019-03-31 | $1294.17 | $51.70 | x |
| 2020-03-31 | $1425.96 | $51.70 | x |
| 2021-03-31 | $2143.78 | $51.70 | x |
| 2022-03-31 | $2333.21 | $51.70 | x |
| 2023-03-31 | $2116.04 | $51.70 | x |
| 2024-03-31 | $2345.41 | $51.70 | x |
| 2025-03-31 | $2492.51 | $51.70 | x |
| 2026-03-31 | $10688.76 | $51.70 | 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): 8.93%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.64%
- • Asset Turnover: 0.49x
- • Equity Multiplier: 2.41x
- Recent ROE (8.93%) is below the historical average (12.32%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 18.56% | 11.45% | 0.82x | 1.98x | $35.19 Billion |
| 2006 | 18.41% | 11.32% | 0.86x | 1.90x | $42.92 Billion |
| 2007 | 17.70% | 10.61% | 0.86x | 1.94x | $52.53 Billion |
| 2008 | 22.83% | 14.24% | 0.78x | 2.05x | $109.72 Billion |
| 2009 | 12.33% | 9.89% | 0.61x | 2.03x | $28.25 Billion |
| 2010 | 17.32% | 11.99% | 0.79x | 1.84x | $103.23 Billion |
| 2011 | 12.51% | 7.25% | 0.86x | 2.00x | $38.62 Billion |
| 2012 | 11.64% | 5.50% | 1.10x | 1.93x | $27.80 Billion |
| 2013 | 11.47% | 5.26% | 1.10x | 1.99x | $26.73 Billion |
| 2014 | 11.32% | 5.18% | 1.01x | 2.16x | $26.24 Billion |
| 2015 | 11.29% | 6.28% | 0.76x | 2.38x | $26.94 Billion |
| 2016 | 12.85% | 10.86% | 0.46x | 2.59x | $65.89 Billion |
| 2017 | 11.34% | 9.79% | 0.43x | 2.70x | $35.30 Billion |
| 2018 | 12.29% | 9.21% | 0.48x | 2.78x | $67.24 Billion |
| 2019 | 10.23% | 6.95% | 0.57x | 2.59x | $8.77 Billion |
| 2020 | 8.76% | 6.59% | 0.51x | 2.60x | $-55.63 Billion |
| 2021 | 7.02% | 10.52% | 0.35x | 1.89x | $-208.89 Billion |
| 2022 | 7.79% | 8.72% | 0.46x | 1.92x | $-172.44 Billion |
| 2023 | 9.32% | 7.60% | 0.55x | 2.25x | $-48.85 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 |
| 2026 | 8.93% | 7.64% | 0.49x | 2.41x | $-96.28 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: $3,114,128,981,769
- Average return on equity (ROE) among peers: 10.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Reliance Industries Limited (RIGD) | $10.86 Trillion | 18.56% | 1.01x | $174.91 Billion |
| DCC plc (DCC) | $672.55 Million | 16.02% | 2.04x | $65.84 Million |
| N.W.F Group (NWF) | $94.40 Million | 9.75% | 2.03x | $941.40K |
| Reliance Industries Limited (RIGD) | $9.34 Trillion | 7.14% | 0.83x | $513.79K |
About Reliance Industries Limited
Reliance Industries Limited engages in hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, advanced materials and composites, renewable, financial services, retail, and digital services worldwide. It operates through the Oil to Chemicals, Oil and Gas, Retail, Digital Services, and Others segments. The company is involved in refining and marketing products, in… Read more