Reliance Share Alert: RIL To Recommend Dividend For FY25; Q4 Results Date Out, Plans Fundraising; BUY Time?

Reliance Industries (RIL), India's largest company, has announced the date of its fourth quarterly results for FY25. Apart from that, on the same day, Reliance will consider a dividend proposal and fundraising plan via NCDs. Accordingly, Reliance's stock price will be the focus of next week's trading session.

Reliance Industries Q4 Results Date:

As per the regulatory filing, Reliance Industries announced that a meeting of the company's Board of Directors is scheduled to be held on Friday, April 25, 2025, inter alia, to consider and approve the standalone and consolidated audited financial results for the quarter and year ended March 31, 2025.

During Q3FY25 earnings, Reliance reported a consolidated net profit of Rs 18,540 crore in the third quarter of FY25, registering growth of 7.4% YoY and 11.94% QoQ. The profit was attributable to the owners of the company. Further, Reliance recorded 6.97% YoY and 3.56% QoQ growth in consolidated revenue from operations to Rs 2,43,865 crore.

Reliance Industries Q4 Results Preview:

Brokerage Equirus Securities said, "Reliance- O2C profitability to remain similar this quarter. JIO will report a sharp increase in margin due to tariff hikes. Retail remains sluggish and will report single-digit growth."

Further, Elara Capital expects Reliance's Q4FY25E GRM may be at USD 12.2/bbl versus USD 14.0/bbl estimated in Q4FY24. Adding, Elara said, "Reliance is likely to witness weak 4% YoY EBITDA growth due to higher retail and digital services (telecom) earnings, partly offset by a decline in EBITDA of oil-to chemicals. RIL Q4FY25E GRM is likely to be USD 12.2/bbl vs estimated USD 10.4/bbl in Q3FY24."

Reliance Industries Fundraising:

Further, on April 25, Reliance will consider the proposal of raising of funds by way of issuance of listed, secured/unsecured, redeemable non-convertible debentures on private placement basis, in one or more tranches.

Reliance Industries Dividend:

Also, on April 25, Reliance announced that the board will consider the recommendation of dividend on equity shares of the Company for the financial year ended March 31, 2025.

Last year, Reliance carried its one of the biggest bonus issue of 1:1 ratio with effect from October 28, 2024. Also, the company paid final dividend of Rs 10 with an ex-date on August 19, 2024.

Reliance Industries Share Price:

Last week, on April 17th, Reliance's share price ended at Rs 1274.55 apiece, up by 2.90% on BSE, with a market cap of Rs 17,24,768.59 crore. In five consecutive sessions, Reliance shares climbed by 8.4%.

Should You Buy Reliance Stock?

Elara Capital has recommended ACCUMULATE on Reliance. Meanwhile, Kotak Institutional Equities has suggested BUY for a target price of Rs 1,400.

Earlier, Goldman Sachs said, "We believe earnings growth will resume in FY26e ( GSe 18%), driven by --- 1) rebound in retail EBITDA (ex-connectivity) growth to 12% with operations restructuring now largely behind us alongside an improving macro backdrop; 2) acceleration in Jio's earnings growth to 24% as our telecom team expects another tariff hike in 2HCY25S; and 3) refining margins will likely improve with c.10 mb/d global refinery capacity likely to close permanently through CY25E." Hence, the global brokerage set Rs 1,640 target on Reliance with BUY recommendation.