Rhutu Mantri
Rhutu Mantri

@RhutuMantri

31 Tweets 2 reads Jun 24, 2021
Good Afternoon Folks!
Reliance AGM will begin at 2 PM today!
We will cover everything that they speak about in the thread below!
Stay Tuned :)
#AGMwithJST #Q1withJST
Here we go, Folks -
Jio Institute to commence operations at their campus this year
Over 11% of Medical grade liquid oxygen in India is produced by RIL - Highest by a company (Procured 100 new oxygen tankers from India & Overseas)
Business & Financial Performance -
Retail is a decade old business
Jio 5 years old
India's largest exporter - 6.8% of India's total merchandise export (Rs 145143 Cr)
75000 new jobs added in the year
Largest ever capital raise by a company Globally concluded in FY21 (Rights issue, fundraise, asset monetizations)
Total Capital Raise - Rs 324,432 Cr
The largest and most successful right issue of India completed
Speaking about businesses individually now.
Jio Platforms -
Net addition of 37.9 mn subs during the year
Revenue market leadership in 19 out of 22 circles
Reliance Retail -
Leader in all categories - Grocery, apparel, and electronics
6x of next competitor
02C -
Focused on safe operations
Operated facilities near full capacity (one of the only company globally to do so)
JV with BP (Fuel Retailing) operationalized
LOOK FORWARD TO welcoming ARAMCO as a strategic partner
SUBSTANTIAL DISCUSSIONS held over last year - continued engagement
EXPECT PARTNERSHIP TO BE FORMALIZED DURING THIS YEAR
Production started from two of the three toughest deepwater gas projects
30 million cubic meters of gas by FY23 a day
this will make RIL India's largest producer of gas - 20% of India Demand
Y.P Trivedi to retire from Board (Joined at the request of Mr. Dhirubhai Ambani in 1992) - 92 years old
BREAKING - CHAIRMAN of ARAMCO and GOVERNOR of PIF H.E. Yasir Al-Rumayyan to come on Reliance Board!
Joining the board is the start of the internalization of Reliance!
Internationalization*
Net carbon zero by 2035 - Ambitious targets to be in place
As one of the largest players in the energy sector, India will play a big role in transforming it
RIL will make its new energy business a global one
New energy business - Hyper intergration, truly integrated systems for hyper-performance, robust business model
Started work on developing Dhirubhai Ambani green complex 5000 acres in Jamnagar - will be one of the largest
Rs 60000 Cr investment over next few years in New energy and Materials business
End to end renewable energy ecosystem
RIL will establish at least 100GW of solar energy by 2030 - majority to come from rooftop solar, decentralized solar installations in rural areas
Green Hydrogen will be a unique energy vector that will help deep de-carbonization of many sectors - power, etc
Fuel Cell uses oxygen from the air for electricity, the only by-product is non-pollutant water vapor
Additional 15000 Cr in value-chain partnerships and future tech including upstream and downstream industries
New energy investments CAPEX over 3 years - 75000 Cr
Repurpose engineering capabilities along with major organizations to develop world-scale renewable projects
2 new divisions to be created!
All products would say "Made in India, by India, for India and for the World"
India will present a template to the world of the Green Economic movement
From importer of fossil fuels to exporter of renewable power
Will invest in Carbon Fibre plant to support hydrogen and oxygen ecosystem - will hear more in future
Use Solar energy to decarbonize O2C business and accelerate journey to net carbon Zero
Green hydrogen and Carbon dioxide as RM to develop - Efuels, green fertilizers, etc
Legacy business to a sustainable and circular net-zero business - one that will provide returns over several decades
By Repurposing existing assets - extend economic life and earning capacity
Potential for unprecedented value for RIL and India
Mission to heal the environment, not just a business Segment
New Energy is the most exciting, challenging and purpose driven mission that I will be doing in my Life - Mukesh Ambani
Jio -
45% Growth in data consumption - World's 2nd Largest data Carrier
Operationalized 100% of the additional spectrum as well
300 mn 2G users to be upgraded - Ultra affordable 4g smartphone essential to make this change
BREAKING -
Google and Jio announced Smartphone called JioPhone Next developed by their teams
Powered by an optimized version of Android OS
10 September 2021 launch date
Will be most affordable not just in India but globally
Cloud and Cloud Solutions Collaboration with Google
Full new e-commerce solutions, progressively launch this over next few qtrs
Jamnagar and Nagpur data centers with Microsoft
Jio Fiber -
2 million+ new premises acquired over last year
Deep FIber footprint in top 100 cities
Confident of rapid uptick going ahead
5G -
Test speed on Jio 5G speed and achieved 1GBPS
5G field trials approvals received
5G capable devices - working with global players
One application - connected ambulances, virtual extensions of the hospital even while on the move
Jio to make India 2G Mukt and 5G Yukt
Want to export Jio 5G solutions across the world
Jio platforms to be become a global tech player
Reliance Retail -
1500 new stores, 12711 total stores
1 out of 8 Indians shops with Reliance Retail
Ajio - 2000 labels, 5 Lakh options listed, 25% of the apparel business
Omni commerce capability - 1300 cities
Jio Mart -
80% are repeat shoppers
New commerce aim - small merchant ecosystem growth (3x growth in Kirana orders and 2x growth in order frequency)
1 crore merchants/shop owners to be onboarded over the next 3 years!
Want to expand stores multi-fold!
Continue acquiring businesses - omnichannel, talent pool, etc
Want to become top 10 Global retailers
Media Business
Both Jio and Retail are at the beginning of their journey
O2C business combined with new energy and materials poised for exponential growth
RIL invested over USD 90 bn in total
Coming decade, RIL can catalyse USD 200 bn investment through partners + internally
To create over 10 lakh of new jobs, and foster 1000s of SMEs
Will increase payout to shareholders consistently
India to be top 3 Economies Globally
New Reliance, New India
End of thread! Thanks for tuning in!

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