About Reliance Retail Limited
Data last updated:
Reliance Retail Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Reliance Industries Limited. It operates in the hypermarkets and large retail chains segment of the consumer services sector. It was incorporated on 29 June 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U01100MH1999PLC120563. Its GSTIN is 27AABCR1718E1ZP (Maharashtra). The company holds 77 GST registrations, of which 69 are active.
The company has an authorised share capital of ₹15,000 Cr and a paid-up capital of ₹8,986.97 Cr. It was formerly known as Ranger Farms Private Limited and Reliance Fresh Limited. It is led by directors including Venkatachalam Subramaniam (Whole-Time Director) and Sanjay Jog.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 3rd Floor Court House Lokmanya Tilak Marg Dhobi Talao, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2026, the company reported a revenue of ₹2,93,954 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹13,476 Cr (net margin 4.6%) and EBITDA of ₹23,587 Cr (EBITDA margin 8%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 16% over five years.
The company has about 43,024 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries and 3 joint ventures.
The company is associated with 8 brands, including Netmeds Wholesale, JioMart, Freshpik, Ajio, Urban Ladder and others. As per MCA filings, the company has open charges of ₹2,600 Cr and satisfied charges of ₹950.25 Cr on record. Court records list 507 cases involving the company, including 204 filed by the company and 305 filed against it; 157 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website relianceretail.com.
Company details
Name history
Reliance Retail has undergone 3 name changes throughout its history. The company was previously known as Ranger Farms Private Limited, Reliance Fresh Limited, and Ranger Farms Limited. The current legal name is Reliance Retail Limited.
| Company Name | Status |
|---|---|
| Reliance Retail Limited | Current |
| Ranger Farms Private Limited | Previous |
| Reliance Fresh Limited | Previous |
| Ranger Farms Limited | Previous |
CIN history
Reliance Retail has one previous CIN (Corporate Identification Number): U01100MH1999PTC120563. The current CIN is U01100MH1999PLC120563, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U01100MH1999PLC120563 | Current |
| U01100MH1999PTC120563 | Previous |
Contact details
Reliance Retail Limited's registered office is in Mumbai, Maharashtra. Its website is relianceretail.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address3rd Floor Court House Lokmanya Tilak Marg Dhobi Talao, Mumbai, Maharashtra, India – 400002
- IndustryConsumer Services, Hypermarkets & Large Retail Chains
To see the full contact details of Reliance Retail Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Reliance Retail operates multiple associated brands including Netmeds Wholesale, JioMart, and Freshpik. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates a digital hub for ordering medicines and pharmaceutical products. | netmedswholesale.com | |
| Online marketplace for groceries, electronics, fashion, and household items. | jiomart.com | |
| Online platform for purchasing groceries, food, and personal care items. | freshpikonline.com | |
| Manages an e-commerce platform offering diverse fashion products for men, women, and kids. | ajio.com | |
| Internet-first brand offering multi-category home furniture | urbanladder.com | |
| Provider of an online store for medicines and healthcare products | netmeds.com | |
| Retail chain offering diversified products | relianceretail.com | |
| Refrigerators, air conditioners, washing machines, and air coolers are retailed. | kelvinator.in |
Business activity
The main business activity of Reliance Retail is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Reliance Retail Limited, buy the company report.
Financials of Reliance Retail Limited
FY 2025 filings availableReliance Retail Limited reported revenue of ₹2,93,954 Cr (up 8% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 8% growth in the latest year. EBITDA rose 4% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹23,587 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13,476 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8% | ||||
| Net Profit Margin | 4.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Reliance Retail Limited, buy the company report.
Board of directors of Reliance Retail Limited
Reliance Retail has 9 current directors and 28 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Jog Also directs: Reliance Projects & Property Management Services Limited | Director | 22 Sep 2014 | 12 Years 1 Months | Current |
| Dipak Chand Jain | Director | 25 Jul 2018 | 8 Years 2 Months | Current |
| Shumeet Banerji Also directs: Reliance Retail Ventures Limited, Reliance Industries Limited, Jio Platforms Limited and 1 more | Director | 01 Apr 2024 | 2 Years 6 Months | Current |
| Pankaj Mohan Pawar Also directs: Reliance Retail Ventures Limited, Reliance Retail and Fashion Lifestyle Limited, Reliance Jio Infocomm Limited and 4 more | Director | 01 Oct 2010 | 16 Years 0 Months | Current |
| Ranjit Vasant Pandit Also directs: Just Dial Limited, The Great Eastern Shipping Company Limited, Bombay Footwear Private Limited and 3 more | Director | 17 Apr 2017 | 9 Years 6 Months | Current |
| Venkatachalam Subramaniam Also directs: Just Dial Limited, Reliance Brands Limited, Reliance Retail Ventures Limited and 2 more | Whole-Time Director | 07 Dec 2016 | 9 Years 10 Months | Current |
Peer comparison
Reliance Retail Limited is compared with the 3 companies closest to it by revenue in the Consumer Services industry (Hypermarkets), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Reliance Retail Limitedthis company | ₹2,93,954 Cr (FY 2026) | ₹13,476 Cr | 4.6% | 8.0% | 43,024 | Mumbai, Maharashtra, India |
| Avenue Supermarts Limited | ₹59,482 Cr (FY 2025) | 17.0% | Mumbai, Maharashtra, India | |||
| Trent Limited | ₹17,353 Cr (FY 2025) | 37.0% | Mumbai, Maharashtra, India | |||
| Airplaza Retail Holdings Private Limited | ₹10,684 Cr (FY 2025) | 21.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Reliance Retail Limited, buy the company report.
Auditor
Reliance Retail Limited is audited by D T S & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D T S & Associates LLP | FY 2023 | 142412W/W100595 |
Shareholding
The shareholding of Reliance Retail Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Reliance Retail Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Apr 2024 | 100923159 | Others | ₹25 Cr | Open | |
| 30 Apr 2024 | 100923611 | Others | ₹25 Cr | Open | |
| 20 Jun 2022 | 100599425 | Others | ₹50 Cr | Open | |
| 02 Sep 2015 | 10599276 | State Bank of India | ₹2,500 Cr | Open | |
| 05 Apr 2023 | 100711188 | Others | ₹50 Cr | Satisfied |
To see the full charge records of Reliance Retail Limited, buy the company report.
Total charge records: 35 View all charges
Legal cases
Reliance Retail Limited has 507 court cases on record: 204 filed by Reliance Retail, 305 filed against it. 157 cases are pending and 350 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 344 | 243 | 130 |
| High courts | 148 | 55 | 27 |
| Supreme Court | 11 | 4 | 0 |
| NCLT | 3 | 2 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 507)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (COMIP) | Filed by the company against Vodafone Idea Limited and 13 others | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed by the company against Mata Mohatadevi Milk and Milk Products Private Limited | Pending |
| High Court, GUJARAT | Arbitration matter | Filed by the company against Pegasus Lane Private Limited | Disposed |
| High Court, TAMIL NADU | Appeal | Filed by the company against M/S Kali Aerated Water Works Private Limited and 11 others | Disposed |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against Eastern Power Distribution Company of Andhra Pradesh Ltd., and 3 others | Disposed |
To see the full case history of Reliance Retail Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Reliance Retail Limited was last rated by Care on 07 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 07 Sep 2021 |
To see the full credit ratings and regulatory alerts of Reliance Retail Limited, buy the company report.
MSME payment delays
Reliance Retail Limited has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 96 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Tetra Kniits | |||
| an individual supplier | |||
| Tauruz |
To see the full MSME payment records of Reliance Retail Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Reliance Retail has 3 subsidiary companies and 3 joint ventures. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Reliance Clothing India Private Limited | U17120MH2008PTC180384 | |
| Reliance-Grandoptical Private Limited | U51900MH2007PTC175638 | |
| Reliance Petro Marketing Limited | U74210MH1999PLC120377 |
To see the full group structure of Reliance Retail Limited, buy the company report.
Employees & EPFO
Reliance Retail Limited has a workforce of 43,024 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Reliance Retail has 77 GST registrations: 69 active and 8 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCR1718E1ZP | Maharashtra | Active | 01 Jul 2017 |
| 27AABCR1718E2ZO | Maharashtra | Active | 06 Jul 2017 |
| 27AABCR1718E1C0 | Maharashtra | Active | 07 Jan 2021 |
| 27AABCR1718E3ZN | Maharashtra | Active | 01 Mar 2022 |
To see the full GST registrations and return filing status of Reliance Retail Limited, buy the company report.
Recent activity
Reliance Retail Limited has 35 board changes on record since 2007: 11 appointments and 24 cessations. The latest: Shumeet Banerji ceased to be Additional Director on 29 Sep 2024.
93 earlier events are in the company report.
News
From our blog
Frequently asked questions
Reliance Retail is an active public limited company based in Mumbai, Maharashtra, India. The company works in hypermarkets and large retail chains, within the consumer services industry. It was incorporated on 29 June 1999 (27+ years old) and is registered under CIN U01100MH1999PLC120563.
Reliance Retail has 9 current directors:
- Venkatachalam Subramaniam - Whole-Time Director
- Sanjay Jog - Director
- Dipak Chand Jain - Director
- Shumeet Banerji - Director
- Pankaj Mohan Pawar - Director
- Ranjit Vasant Pandit - Director
- Anshu Prakash - Director
- Adil Zainulbhai - Director
- Geeta Kalyandas Fulwadaya - Director
The latest financial statements of Reliance Retail on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Reliance Retail is 27AABCR1718E1ZP, registered in Maharashtra. The company has 77 GST registrations in all, of which 69 are active and 8 are cancelled or inactive. Other active GSTINs include 27AABCR1718E2ZO (Maharashtra), 27AABCR1718E1C0 (Maharashtra), 27AABCR1718E3ZN (Maharashtra).
The CIN (Corporate Identification Number) of Reliance Retail is U01100MH1999PLC120563. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Reliance Retail has 507 court cases on record: 204 filed by the company and 305 filed against it. 157 are pending. Most are in the district courts.
Reliance Retail was incorporated on 29 June 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Reliance Retail by revenue are Avenue Supermarts Limited, Trent Limited, Airplaza Retail Holdings Private Limited, all in the Consumer Services industry (Hypermarkets), with the same principal business activity (retail trading).
Shumeet Banerji ceased to be Additional Director on 29 Sep 2024. Shumeet Banerji was appointed as Director on 01 Apr 2024. Adil Zainulbhai ceased to be Additional Director on 27 Sep 2023. Reliance Retail has 35 board changes on record in total.
Reliance Retail has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 96 overdue payments to 3 micro and small suppliers. The latest return was filed on 31 Oct 2019.
Reliance Retail can be reached through the website relianceretail.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Reliance Retail is at 3rd Floor Court House Lokmanya Tilak Marg Dhobi Talao, Mumbai, Maharashtra, India – 400002.