In a historic achievement, Reliance Industries Ltd. has become the first Indian company to cross a net worth of Rs 10 lakh crore ($118 billion) for FY25, securing the 21st spot globally among the world’s most valuable companies by shareholder equity. According to Bloomberg data, the conglomerate joins an elite group that includes Saudi Aramco, Alphabet Inc., and Microsoft, marking a major milestone for Indian corporate history.
Reliance’s global ranking places it just behind global heavyweights like Alibaba Group, AT&T Inc., and TotalEnergies. Topping the list is Saudi Aramco with a staggering net worth of $440 billion, followed by Alphabet Inc. at $345 billion, and Microsoft at $303 billion.
Energy Sector Dominates as Reliance Mapes Its Mark
The list of top 25 companies is notably dominated by the energy sector, which accounts for eight entries, showcasing the capital-heavy nature of the industry. This is followed by communication services with five entries and consumer discretionary with four. Interestingly, financial sector companies were excluded from this ranking.
The net worth, also known as shareholder equity, is a key indicator of a company’s financial strength and is calculated by subtracting total liabilities from total assets.
Strong FY25 Financials Drive Reliance’s Global Rise
Reliance Industries’ performance in FY25 has been driven by robust operational discipline and innovation. The company reported a 3% rise in net profit, reaching Rs 81,309 crore (approximately $9.6 billion). Its net revenue grew by 7.1%, reaching Rs 9.6 lakh crore, while EBITDA hit a record high of Rs 1.7 lakh crore, reflecting a 2% year-on-year growth.
Despite macroeconomic challenges and a volatile geopolitical landscape, Reliance’s steady financial performance is a testament to its resilient business strategy. “Our focus on operational discipline, customer-centric innovation, and fulfilling India’s growth requirements has helped Reliance deliver a steady financial performance,” said Mukesh Ambani, Chairman of Reliance Industries.
Stock Performance Reflects Investor Confidence
Reliance shares remained stable ahead of its earnings announcement, closing at Rs 1,300.40 on the NSE. The stock has delivered a 7% return year-to-date, outperforming the Nifty50 index, which has gained less than 2% in the same period.
With this milestone, Reliance not only reinforces its dominance in India but also solidifies its status as a global corporate powerhouse.
