How big is the Reliance Conglomerate?

Introduction

Reliance has its history back then in the 1950s when Dhirubhai Ambani set up Reliance Commercial Corporation as a small venture firm trading commodities, especially spices and polyester yarn which later became Reliance Industries on 8 May 1973. Later in 2005, all Reliance companies were divided into two divisions. 

Reliance Share Price: Year to Date Performance

Reliance shares have not had much movement so far this year, and have been trading in a range. This can be attributed to its overall muted results in the past few quarters. 

Reliance Companies List

So how did  Reliance’s business list become so vast today? In just one decade of setting up of  Reliance it focused on expanding into the textile industry and its related sectors and also launched its IPO (Initial Public Offering ) in 1977. In 2002, they entered into the infocomm business and by then its value had grown to US $ 15 billion. 

Following Dhirubhai’s death in 2002, his sons Mukesh and Anil assumed joint leadership of all the companies of Reliance. Companies of Reliance were split into Reliance Industries Limited headed by Mukesh Ambani, and Reliance Anil Dhirubhai Ambani Group headed by Anil Ambani in 2005.  

Reliance industries company list

Reliance Industries Limited (RIL) was founded in 1973 is an Indian multinational conglomerate operating in petrochemical production and refining, textile, retail, marketing, oil and gas, telecommunications, digital and financial services segments.  

Here is the list of top subsidiaries and companies under Reliance Industries.

Jio Platforms Limited

Jio has created a revolution in the telecom industry on its launch in October 2019. It is a majority-owned subsidiary of Reliance industries. This new subsidiary holds all the digital business assets including Reliance Jio Infocomm Limited. In October 2022, it was the fourth largest Indian company by market capitalization. In the last 3 years, the company has also begun providing services like broadband, fiber services, television networks, etc.  

Reliance Retail

Reliance Retail is the retail business subsidiary of Reliance Industries. It was founded in 2006 and is the largest retailer in terms of its revenue. Its retail outlets offer products such as foods, groceries, apparel, footwear, toys, electronic goods, and farm implements and inputs which are also sold on e-commerce sites. It has around 45 subsidiaries in which the major includes Reliance Fresh, Reliance Smart, Reliance digital, AJIO, Jiomart, Netmeds and others.  

Reliance Life Sciences

Reliance Life Sciences is involved in the manufacturing, branding, and marketing of Reliance Industries products in biopharmaceuticals, clinical research services, plant biotechnology, regenerative medicine, molecular medicine, novel therapeutics, biofuels and industrial biotechnology sectors of the medical business industry. 

Reliance Logistics

Reliance Logistics sells transportation, distribution, warehousing, logistics, and supply chain-related products. It is an asset-based company with its own fleet and infrastructure. It also provides logistics services to Reliance group subsidiaries and outside companies. 

Reliance Solar

Reliance Solar was established to produce and retail solar energy systems primarily to remote and rural areas. It offers a range of products based on solar energy, water purification systems, refrigeration systems, home lighting systems, street lighting systems and solar air conditioners and lanterns.

Network 18

Network 18 is the mass media company and it has businesses in television, digital platforms, publication, mobile apps, and films. It also operates two joint ventures, acquired ETV networks and also renamed its brand under Colors TV.  

Reliance Industrial Infrastructure Limited

It is an associate company of Reliance Industries and holds 45.43% of the total shares of Reliance Industries. It mainly operates in the business of setting up, operating industrial infrastructure and also engaged in related activities such as  leasing through its services networks. 

Reliance group companies list

The Reliance group was formed in 2006 after the two brothers Mukesh Ambani and Anil Ambani  split Reliance Industries in December 2005. Anil Ambani got the responsibility of handling the Reliance Infocomm, Reliance Energy and Reliance Capital. 

The Reliance Group or Reliance Anil Dhirubhai Ambani Group or popularly known as Reliance ADA Group is among India's top private sector business houses across telecommunications, power, financial services, infrastructure, media and entertainment, and healthcare sectors.There are seven companies which are part of the Reliance group of companies list. 

Reliance Capital

Reliance Capital is a constituent of CNX Nifty Junior and MSCI Global Small Cap Index. It is one of India's leading private sector financial services companies. Reliance Capital has its businesses in asset management and mutual funds, life and general insurance, commercial finance, equities and commodities broking, wealth management services, investment banking, distribution of financial products, asset reconstruction, proprietary investments and other activities in financial services. 

Reliance Infrastructure Limited

Reliance Infrastructure Limited is the largest infrastructure company developing projects through various Special Purpose Vehicles (SPVs) in sectors within the infrastructure area such as roads, metro and cement. 

It also has a presence across the value chain of power businesses such as generation, transmission, power trading and distribution.The sector-wise portfolio of Reliance infrastructure are power, distribution, generation, transmission, EPC, infrastructure, roads, metro, defense and airports.  

Reliance Power

Reliance Power Limited is one of India's leading private sector power generation and coal resources companies. The company has the largest portfolio of power projects in the private sector, based on coal, gas, hydro and renewable energy, with an operating portfolio of 5,945 MW.  

Kokilaben Dhirubhai Ambani Hospital

It was established in 2009 to provide healthcare services with its excellence in clinical services, diagnostic facilities and research activities. It has around 15  centers of excellence, 26 specialty departments, 20 super specialist clinics and five support groups. 

Reliance Entertainment

Reliance Entertainment is its businesses in filmed entertainment (film production and distribution). It has built an impressive film production slate in Hindi, English & other Indian languages, which it markets and distributes worldwide.  

Reliance Defence

Reliance Naval and Engineering Limited has the largest engineering infrastructure in India. It is the first private sector company in India to obtain the license and contract to build warships. It also operates India’s largest integrated shipbuilding facility with 662 M x 65 M Dry dock. They have their own fabrication facility and shipyard services in facility houses.  

Reliance Roads

In the roads sector, Reliance Infrastructure is amongst the largest private companies in India. It has a portfolio of 11 projects totalling a length of 1,000 km at project outlay of approximately ₹ 12,000 crore. The company is also operating in three projects of NHAI totalling 380 km in its portfolio. Some of its projects include Delhi- Agra road, Gurgaon – Faridabad Road, Pune – Satara Road, Hosur – Krishnagiri Road and others. They are also operating in Reliance Mumbai Metro. 

Conclusion

The study of all the companies of Reliance clearly shows that Reliance is a very big player in the Indian market. And just by investing in a single stock or a company of Reliance, an investor will be able to get the advantage of various sectors of about more than 300 companies and can diversify their portfolio. Reliance is considered to be the game-changer over the last few years after the introduction of Jio. They are trying to build the best-in-class industries for online retail and green energy. It makes Reliance industries and Reliance group companies an attractive investment opportunity for the investors.

This is not an investment advisory. The blog is for information purposes only. Investments in the securities market are subject to market risks, read all the related documents carefully before investing. Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, goal, time frame, risk and reward balance, and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs. The performance and returns of any investment portfolio can neither be predicted nor guaranteed.