Ambani guides RIL Ebitda to double in 5 years; Jio IPO confirmed, Reliance Retail listing flagged
At the 49th AGM, RIL chairman committed to doubling consolidated Ebitda over five years, with Reliance Retail Ventures projected at 12% revenue CAGR and 10% Ebitda CAGR through FY26-28. Brokerages reiterate Buy with targets up to Rs 1,765. A separate Reliance Retail IPO remains on the table after the Jio listing.
What happened
Reliance Industries · At RIL's 49th AGM, Ambani guided to doubling consolidated Ebitda over 5 years, confirmed Jio IPO by year-end, and flagged potential
Key facts
- Rs 1,765 target
- Rs 1,640 target
- Rs 1,655 target
- Rs 1,680 target
- 12% revenue CAGR FY26-28 for RRVL
- 10% Ebitda CAGR
- Ebitda to double in 5 years
- $3 billion Samsung C&T deal
- 120MW AI hub by FY26
- 40GWh battery gigafactory
Why this matters
Track the Reliance Retail IPO timing closely as a re-rating catalyst and potential benchmark for retail comps, while scouting partnership or M&A windows ahead of the listing.