Reliance Communications Ltd
About
Reliance Communications Limited (RCom), India's foremost integrated telecommunications service provider, was incorporated on July 15, 2004. The company is a part of the Reliance Group founded by Dhirubhai H. Ambani in 1957. RCom is headquartered in Navi Mumbai. The company is spearheaded by Anil Dhirubhai Ambani as Chairman. In 2022, Mukesh Ambani’s Reliance Jio acquired the assets of Reliance Communications for ₹3,720 crores, marking the end of RCom’s independent operations.RCom had a consumer base of over 40000 Indian and multinational corporations and nearly 300 global enterprise and carrier companies. The company reached 90% of India’s population with the help of an optic fibre network of over 190,000 km and tower infrastructure. RCom’s data solutions were available across India’s top 29 cities. RCom also owned Global Cloud Xchange (GCX), which operated the world’s largest private undersea cable system, spanning 67,000 route km which was integrated with RCom’s 200,000 route km domestic optic fibre.
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Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 481 -5.1% | 507 -13.2% | 584 -25.0% | 779 -55.2% | 1738 -72.0% | 6204 32.3% | 4689 -29.4% | 6640 -75.4% | 26969 3.4% | 26080 11.9% | 23301 0.1% | 23281 14.2% | 20382 -12.1% | 23174 -6.8% | 24870 0.6% | 24718 - |
| Net Operating Income (INR Cr) | 383 -20.04% | 479 -13.85% | 556 -26.84% | 760 -54.90% | 1685 -58.03% | 4015 -12.58% | 4593 -29.92% | 6554 -74.39% | 25594 3.26% | 24787 16.71% | 21238 3.29% | 20561 4.49% | 19677 -12.28% | 22431 4.35% | 21496 -3.39% | 22251 18.18% |
| Profit (INR Cr) | -7212 - | -14499 - | -6620 - | -5791 - | -42671 - | -7206 - | -23839 - | -1403 - | 639 -10.5% | 714 -31.8% | 1047 55.8% | 672 -27.6% | 928 -31.0% | 1345 -71.1% | 4655 -23.0% | 6045 - |
| Assets (INR Cr) | -34793 -26.5% | -27515 -88.5% | -14599 -84.9% | -7895 -278.1% | -2088 -104.4% | 47965 -10.8% | 53796 -34.7% | 82330 -4.7% | 86393 8.9% | 79304 2.4% | 77463 -1.0% | 78240 1.0% | 77500 -5.3% | 81812 11.0% | 73734 -10.2% | 82097 - |
| Net Worth (INR Cr) | -82130 -9.7% | -74891 -23.6% | -60573 -12.4% | -53906 -11.9% | -48156 -1052.1% | -4180 -250.2% | 2783 -90.3% | 28569 -9.5% | 31583 -16.8% | 37936 15.7% | 32796 -3.1% | 33850 -6.7% | 36296 -10.4% | 40499 -6.6% | 43361 2.6% | 42280 45.7% |
| Employee Cost (INR Cr) | 38 -26.9% | 52 -25.7% | 70 -23.1% | 91 -56.7% | 210 -59.7% | 521 22.0% | 427 -3.4% | 442 -60.5% | 1120 688.7% | 142 -5.3% | 150 -87.4% | 1191 -7.2% | 1283 -12.7% | 1469 -2.0% | 1499 -10.5% | 1676 - |
| Interest Cost (INR Cr) | 47 | 47 | 47 | 48 | 62 | 192 | 186 | 255 | 2924 | 2755 | 3019 | 2499 | 1630 | 1133 | 1552 | 1385 |
| Cash & Bank Balance (INR Cr) | 386 | 388 | 869 | 826 | 556 | 938 | 740 | 1319 | 1524 | 1408 | 504 | 731 | 550 | 4866 | 819 | 1683 |
| Total Debt (INR Cr) | 47231 | 47261 | 45572 | 45577 | 45584 | 48583 | 47234 | 49061 | 46912 | 39828 | 41978 | 41547 | 38303 | 39071 | 29715 | 39162 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | - | - | - | - | - | - | - | - | 2.4% | 2.7% | 4.5% | 2.9% | 4.6% | 5.8% | 18.7% | 24.5% |
| Profit As % Of Assets | - | - | - | - | - | - | - | - | 0.7% | 0.9% | 1.4% | 0.9% | 1.2% | 1.6% | 6.3% | 7.4% |
| Profit As % Of Networth | - | - | - | - | - | - | - | - | 2.0% | 1.9% | 3.2% | 2.0% | 2.6% | 3.3% | 10.7% | 14.3% |
| Interest Cost to EBITDA % | - | - | - | - | - | - | - | - | 46.7% | 44.3% | 53.8% | 56.3% | 28.2% | 13.5% | 21.7% | 15.9% |
| Debt to Equity Ratio | - | - | - | - | - | - | 16.97 | 1.72 | 1.49 | 1.05 | 1.28 | 1.23 | 1.06 | 0.96 | 0.69 | 0.93 |
| RONW | - | - | - | - | - | - | - | - | 1.5% | 1.8% | 3.5% | 2.1% | 2.5% | 2.8% | 11.0% | 16.8% |
| ROCE | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | -1.3% | 3.6% | 4.8% | 4.1% | 4.3% | 3.2% | 2.9% | 8.7% | 10.9% |