Reliance Plans to Double EBITDA by 2027: Mukesh Ambani’s Reliance Industries Ltd (RIL) has laid out an ambitious plan that has caught the attention of both domestic and global investors. The company has announced its intention to more than double its EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) by 2027. This target, if achieved, will solidify RIL’s position as one of the most dynamic and diversified conglomerates globally.
Reliance Industries, already India’s largest company by market capitalization, plans to achieve this growth through multiple verticals – its traditional Oil-to-Chemicals (O2C) business, the rapidly expanding retail and telecom ventures, new energy investments, FMCG (Fast Moving Consumer Goods), and cutting-edge AI initiatives.
Growth Drivers: The Golden Decade Transformation
1. O2C Expansion: The company’s traditional Oil-to-Chemicals segment remains the backbone of RIL’s operations. Enhanced refinery operations, petrochemical capacity expansions, and global partnerships are expected to boost margins significantly in this segment.
2. Jio Platforms: Reliance Jio continues to dominate India’s telecom sector and is now expanding into 5G, enterprise solutions, cloud computing, and digital services. Jio’s growth trajectory is expected to add a substantial portion to RIL’s overall EBITDA by leveraging India’s booming digital ecosystem.
3. Retail Expansion: Reliance Retail is aggressively increasing its footprint across India, integrating offline and online commerce while diversifying into groceries, fashion, electronics, and premium global brand tie-ups. Its recent push into FMCG products under its own brands adds another layer of growth potential.
4. New Energy Investments: One of RIL’s boldest bets is on green energy. The company is setting up giga-factories for solar PV, batteries, hydrogen, and fuel cells, positioning itself at the forefront of India’s energy transition. This segment is projected to be a major EBITDA contributor in the coming years.
5. AI and Technology Ventures: Mukesh Ambani recently highlighted AI as the next big disruption. RIL’s investments in AI-driven platforms, automation, and enterprise solutions aim to capture the rising demand for smart technologies both domestically and internationally.
Analyst Outlook and Market Impact
Market analysts believe that RIL’s strategy is well-timed, aligning with India’s high-growth economy, digital transformation, and the global shift toward renewable energy. If the company successfully executes its multi-pronged strategy, it could lead to significant shareholder value creation and position RIL among the top global conglomerates by scale and profitability.
RIL’s diversified approach also reduces dependency on any single sector, making its business more resilient to global economic uncertainties. The combination of traditional cash-generating businesses and futuristic bets on technology and sustainability offers a balanced growth path.
What Investors Should Watch
- Quarterly Earnings: Progress on EBITDA margins and segment-wise contribution.
- Regulatory Updates: Policy support for renewable energy and telecom reforms.
- Strategic Partnerships: Global tie-ups in new energy, technology, and retail could accelerate growth.
- Capital Expenditure Plans: Monitoring RIL’s investment pace across its business verticals.
Conclusion
Mukesh Ambani’s vision for Reliance Industries reflects the evolution of India’s corporate giants from industrial powerhouses to technology and sustainability leaders. The goal to more than double EBITDA by 2027 signals confidence in India’s growth story and RIL’s execution capabilities.
For investors, RIL remains a stock to watch closely, as its strategic moves over the next few years could redefine not just the company’s future, but India’s place in the global economic landscape.