Thread by @MarketLearner_

Reliance Industries 45th AGM key highlights💡

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Contents :-

👉Capex in O2C
👉New energy business
👉Digital services
👉Media
👉Retail
👉Valuations & Outlook
👉Technical Analysis

First, lets have a look at the capex announcement in O2C over the next five years📢📢

👉Will contribute to 30% of India's total gas production after commissioning of MJ filed.

👉Guided at 20k mtpa carbon fiber plant based on acrylonitrile by CY25 & will start producing acrylonitrile by CY23.

👉Will Double its PET recycling bottling plant capacity.

(2/13)

👉Announced a capex of INR 750 billion over next five years, which includes a single - train PTA plant of 3 mmtpa capacity, 1 mmtpa PET capacity, 1 mmtpa polyester capacity & an increase of 3x in the vinyl chain capacity by CY26.

(3/13)

Now, lets have a look at the new energy business segment⚡️⚡️

👉Total global investment required for new energy stands at USD 5 trillion.

👉Announced 5th Giga power electronics factory.

👉Acquired 100% stake in REC Solar, specializing in solar panels & solar energy.

(4/13)

👉REC solar is in process of adding 10 GW solar PV cell & module production capacity by CY24 & is targeting 20 GW capacity by CY26.

👉To start battery pack production by CY23.

👉Management expects complete transition to green hydrogen from gray hydrogen by CY25.

(5/13)

Now, lets have a look at Digital services segment🖥️🖥️

👉Jio, no. 1 with 421 m users. Avg monthly data usage up 2x yoy. Despite overall fixed broadbank connections of 20 mil, feels there is still lot of penetration left.

👉Aims to launch 5G on standalone infra unlike peers. 5G in Delhi, Mumbai, Chennai, Kolkata by Diwali.

(6/13)

👉On track to roll out 5G services in Delhi, Mumbai, Chennai, Kolkata by Diwali. Targeting a pan India rollout by Dec 2023.

👉Will offer Jio Air Fibre for personal Wi-Fi.

👉Collab with Meta, Google, Microsoft, Intel & Qualcomm for various purposes.

(7/13)

Now, lets have a look at the Media segment📺📺

👉Subsidiary Viacom 18 announced foray into Sports segment by bagging the digital rights to broadcast IPL for the next five years.

👉Also looking to invest in movie right & OTT content.

(8/13)

Now, lets have a look at the Retail segment🛒🛒

👉Retail growth via Panch Pran philosophy :-

1. Focus on customer experience
2. Improve reach, main rural
3. Offer max choices
4. Expand Product portfolio
5. Strengthen logistics & supply chain

👉Segment has 200 mil registered customers with walk-ins up 18% yoy.

(9/13)

👉Under digital commerce, avg daily orders up 2.5x yoy.

👉Jiomart present in 260 towns & opened 2,500 new stores in FY22. Launched products under staples & general merch + announced a partnership with WhatsApp.

(10/13)

👉One of the largest Consumer electronics player with 8,700 stores. 93% online orders delivered in 6 hours.

👉AJIO has presence in 3,500 towns & 8,000 brands. 80% of purchases are from repeat customers.

👉Looking to launch business.

(11/13)

Now, lets have a look at the valuations & outlook📊📊

👉Expect consolidated revenue to clock 13% CAGR over FY22-24.

👉Expect consolidated EBITDA to clock 15% CAGR over FY22-24.

👉Retail, Telecom & New Energy can be the next growth engines over the next 2 to 3 years.

(12/13)

Now, lets analyze Reliance Industries technically📈📉

Here is the weekly chart of Reliance Industries.

(13/13)

I hope my thread helped you in knowing Reliance Industries better than before. Please don't forget to join our telegram channel its absolutely FREE & we are doing a lot of hard work here. telegram.me/TheMarketLearn…

Thanks for reading,
The Market Learner.