Key Takeaways from RIL 42nd AGM :
1️⃣ In FY19, RIL became India’s largest and most profitable company among private and public sector companies.
2️⃣ Reliance Retail crossed the turnover of Rs 1.3 lakh crore ($18.57 Bn.) to be the largest retail company
3️⃣ Jio & Retail have proved the sceptics wrong
4️⃣ Reliance Retail is larger than all major retailers put together.
5️⃣ Consumer businesses contribute 32% to Reliance’s EBITDA.
6️⃣ Consumer businesses to contribute 50% to Reliance’s cons. EBITDA soon
7️⃣ RIL has the most comprehensive and itegrated oil-to-chemicals (OTC) business
8️⃣ Oil to chemicals business achieved revenue of Rs 5.7 lakh crore ($81.43 Bn.), exports of Rs 2.2 lakh crore ($31.43 Bn.)
9️⃣Saudi Aramco & RIL agree to form long-term partnership. It will acquire 20 percent stake in oil-to-chemical business with an enterprise value of $75Billion
🔟 JV with BP will invest Rs 35,000 crore ($5 Bn.) in KG-D6. Focussing on augmenting production of methane; partnership with BP will help here
1️⃣1️⃣ Jio has been signing 10 million new customers every month; 500 million subscribers well within company’s grasp. Jio has become the second-largest operator in the world
1️⃣2️⃣ Company has invested Rs 3.5 lakh crore ($50 Billion) to create state-of-the-art digital infrastructure. Can offer fixed broadband to homes & enterprises today.
1️⃣3️⃣ Jio’s wireless technology is already 4G+ & can be upgraded to 5G at minimal cost
1️⃣4️⃣ Jio’s IoT platform to be available from January 1, 2020. It aims to connect 1 billion homes on Jio IoT platform. Annual revenue opportunity for Jio at Rs 20,000 crore ($2.86 Bn.) from IoT
1️⃣5️⃣ Jio will complete the Jio Fiber rollout in the next 12 months. Launching at 5th September this year
1️⃣6️⃣ RIL received 15 million registrations from 1,600 towns for home broadband service after launching in August 2018
1️⃣7️⃣ It plans to reach 20 million residences and 15 million business establishments. Jio Fiber trial ongoing with 5 lakh homes already. RIL aims to complete Jio GigaFiber within 12 months
1️⃣8️⃣ Designed Jio set-top box to accept broadcast signal from local cable operators (LCO) partners. All LCO partners will continue to have steady revenue for their broadcast TV business. To offer free HD 4K TV & Set Top box with Annual Subscription
1️⃣9️⃣ Jio Fiber aims to empower 2.4 million small and medium business. Jio Fiber to provide MSMEs cloud connectivity.
Who will Survive and Who will Die due to JIO?
IDEA Vodafone ( High Chances of Going Bankrupt if Tariff War continues for 2-3 years) Only exception is that Promoter Quality is good and Idea is part of Birla Group.
Bharti Airtel ( Chances of Survival but Debt and competition will always be Issue)
Dish TV: Investors are Advised to Exit this stock as it will Face highest Competion unless Dish TV desides to Merge with Reliance. Dish TV can also be short Candidate for medium term as prices can go like Vodafone Idea.
PVR & INOX : Now biggest threat could be PVR as new movies could directly be released at your Home. ( Conservative Estimate : Even if 40% People decide to watch Movie at home instead of theatre due to low pricing then PVR will have good dent in Operations and Will dampen Operational Leverage) .
PVR and Inox Could be good Short Candidates as well. 🤣 .