Reliance Retail Annual Report and Financials

Particulars

As at 31 March 2023

As at 31 March 2022

Assets:

Non-Current Assets

Property, Plant, and Equipment

                       39,311.81

                       14,104.86

Other Intangible Assets

                       14,277.52

                         2,775.99

Capital Work-in-Progress

                       24,442.22

                       11,888.04

Goodwill

                                 2.90

                               90.03

Intangible Assets Under Development

                         1,322.94

                       11,839.66

Financial Assets

Investments

                                 1.09

                             482.58

Other Financial Assets

                                      -  

                                 1.48

Other Non-Current Assets

                         4,664.60

                         6,547.68

Total Non-Current Assets

                       84,023.08

                       47,730.32

Current Assets

Inventories

                       24,969.10

                       20,072.07

Financial Assets

Investments

                             262.05

                             481.89

Trade Receivables

                         5,520.17

                         8,833.93

Cash and Cash Equivalents

                             401.38

                             466.42

Other Financial Assets

                         3,195.61

                         2,693.30

Other Current Assets

                       10,088.45

                         8,452.92

Total Current Assets

                       44,436.76

                       41,000.53

Total Assets

                   1,28,459.84

                       88,730.85

Equity and Liabilities:

Equity

Equity Share Capital

                         4,990.42

                         4,990.42

Financial Assets

                       32,232.41

                       25,421.62

Total Equity

                       37,222.83

                       30,412.04

Liabilities

Non-Current Liabilities

Borrowings

                       44,569.04

                       12,135.91

Lease Liabilities

                                      -  

                                 8.55

Provisions

                               86.85

                               68.49

Deferred Tax Liabilities (Net)

                         2,381.34

                         1,458.82

Total Non-Current Liabilities

                       47,037.23

                       13,671.77

Current Liabilities

Borrowings

                       26,368.68

                       28,735.44

Lease Liabilities

                                      -  

                                 1.50

Trade Payables

                       15,488.76

                       12,990.01

Other Financial Liabilities

                             971.90

                         1,417.44

Other Current Liabilities

                         1,362.73

                         1,497.57

Provisions

                                 7.71

                                 5.08

Total Current Liabilities

                       44,199.78

                       44,647.04

Total Liabilities

                       91,237.01

                       58,318.81

Total Equity and Liabilities

                   1,28,459.84

                       88,730.85

PARTICULARS

2023

2022

I.  Revenue from Operations

             2,23,826.28

             1,70,133.32

II. Other Income

                         59.96

                         21.78

III. Total Income (I+II)

 2,23,886.24

 1,70,155.10

IV Expenses

Cost of Materials Consumed

                           0.01

                           0.04

Purchases of Stock-in-Trade

             1,97,728.78

             1,55,092.28

Changes in Inventories of Finished Goods and Stock-in-Trade

                 -4,577.33

                 -7,607.12

Employee Benefits Expense

                   2,083.94

                   1,522.51

Finance Costs

                   3,925.72

                   1,985.88

Depreciation and Amortisation Expenses

                   2,992.16

                   1,794.24

Other Expenses

                12,398.60

                10,791.69

Total Expenses (IV)

 2,14,551.88

 1,63,579.52

V. Profit before Exceptional items and tax

                   9,334.36

                   6,575.58

VI. Exceptional Items

                         13.42

                           9.48

VII. Profit before Tax (V+VI)

      9,347.78

      6,585.06

VIII. Tax Expense

1) Current Tax

                   1,410.24

                   1,118.29

2) Deferred Tax

                      928.72

                      529.14

IX. Profit for the Year (VII-VIII)

      7,008.82

      4,937.63

Other Comprehensive Income (OCI)

(i) Items that will not be reclassified to Statement of Profit or Loss

                       -71.10

                         -2.90

(ii) Income tax relating to items that will not be reclassified to Statement of Profit and loss

                         -2.71

                           0.73

(iii) Items that will be reclassified to Statement of Profit or Loss

                       -21.66

                         16.69

(iv) Income tax relating to items that will be reclassified to Statement of Profit and loss

                           1.39

                           4.20

Total Other Comprehensive Income / (loss) for the Year [Net of Tax]

                       -94.08

                         10.32

Total Comprehensive Income for the Year

                   6,914.74

                   4,947.95

Net Profit Attributable to:

(a) Owners of the Company

                   7,008.82

                   4,937.63

(b) Non Controlling Interest

Other Comprehensive Income attributable to:

(a) Owners of the Company

                       -94.08

                         10.32

(b) Non Controlling Interest

Total Comprehensive Income attributable to:

(a) Owners of the Company

                   6,914.74

                   4,947.95

(b) Non Controlling Interest - -

XII. Earnings per Equity share (Face Value Per Share)

a) Basic (Rs.)

            13.17

              9.28

b) Diluted (Rs.)

              7.52

              5.30

Particulars

 31st March 2023

 31 March 2022 

A. Cash Flow from Operating Activities

Net Profit before Tax

             9,347.78

        6,585.06

Adjusted for:

Loss on sale/ discarding of Property, Plant and Equipment (net)

                    -7.76

                8.45

Depreciation and Amortisation Expense

             2,992.16

        1,794.24

Effect of Exchange Rate Change

                     6.11

                2.93

Net Gain on Financial Assets

                   16.51

               -5.94

Share of (Profit)/Loss of Joint Venture

                 -13.42

               -9.48

Interest Income

                 -20.48

               -6.81

Finance Costs

             3,925.72

        1,985.87

Subtotal

             6,898.84

        3,769.26

Operating Profit before Working Capital Changes

           16,246.62

      10,354.32

Adjusted for:

                          -  

                     -  

Trade and Other Receivables

           -1,610.19

      -6,297.16

Inventories

           -4,897.03

      -7,717.28

Trade and Other Payables

             2,067.17

        6,497.16

Subtotal

           -4,440.05

      -7,517.28

Cash Generated from Operations

           11,806.57

        2,837.04

Taxes Paid (Net)

           -2,031.25

      -1,162.61

Net Cash generated from Operating Activities

             9,775.32

        1,674.43

Cash Flow From Investing Activities (B):

Purchase of Property, Plant and Equipment and Other Intangible Assets

         -36,320.92

    -20,354.30

Proceeds from disposal of Property,Plant & Equipment and Intangible Assets

                   34.72

                7.46

Purchase of Financial Assets

               -107.45

          -389.08

Proceeds from Sale of Financial Assets

                 597.31

            250.00

Movement in Loans & Advances and other assets (Net)

                 399.62

      -5,223.46

Interest Income

                   14.66

                4.92

Net Cash Flow used in Investing Activities

         -35,382.06

    -25,704.46

Cash Flow From Financing Activities (C):

Proceeds from Borrowings - Non Current

           32,433.13

      12,041.04

Borrowings Current (Net)

           -2,366.76

      13,989.56

Payment of Lease Liabilities

                          -  

               -1.33

Interest Paid

           -4,521.40

      -1,892.37

Net Cash generated from Financing Activities

           25,544.97

      24,136.90

Net (Decrease)/ Increase in Cash and Cash Equivalents

       -61.77

    106.87

Opening Balance of Cash and Cash Equivalents

       466.42

    359.55

Less: Upon de-subsidisation of Subsidaries

         -3.27

Closing Balance of Cash and Cash Equivalents

      401.38

   466.42

19.28%

Particulars

2023

2022

2021

Dividend per Share

0

0

0

Retained Earnings (In Rs. Crores)

279.90

210.85

161.5