Reliance Buys 74% Stake in Nauyaan Shipyard for Strategic Expansion

On March 21, 2025, Reliance Industries Limited (RIL), through its step-down wholly-owned subsidiary Nauyaan Tradings Private Limited (NTPL), completed the acquisition of a 74% equity stake in Nauyaan Shipyard Private Limited (NSPL). The stake was purchased from Welspun Corp Limited for a total consideration of ₹382.73 crore. With this transaction, NSPL has become a step-down subsidiary of RIL.

Prior to the acquisition, NTPL had extended an unsecured loan of ₹93.66 crore to NSPL on an arm’s-length basis. Reliance has also stated that applications are being submitted to relevant authorities to obtain necessary approvals under NSPL’s existing agreements.

Stock Movement

As of 12:57 PM on March 24, Reliance Industries Ltd Shares were trading at ₹1,296.35, up ₹20.00 or 1.57% for the day, though the stock has declined 12.96% over the past 6 months and 10.07% over the past year.

Q3 FY25 Financials

For the quarter ended December 2024 (Q3 FY25), Reliance Industries reported a consolidated net profit of ₹18,540 crore, compared to ₹17,265 crore in Q3 FY24. Sequentially, profit increased from ₹16,563 crore in the July–September quarter.

Revenue for the quarter rose 7.7% year-on-year to ₹2.67 lakh crore. EBITDA for the quarter stood at ₹48,003 crore, a 7.8% increase from the previous year. The company’s total debt rose slightly to ₹3.5 lakh crore as of December 31, 2024, compared to ₹3.36 lakh crore in September and ₹3.11 lakh crore a year ago.

O2C, Retail, and Telecom Segments

Revenue from the oil-to-chemicals (O2C) business was ₹1.49 lakh crore, with an EBITDA of ₹14,402 crore. Retail and telecom segments also contributed to overall growth, supported by higher tariffs and increased customer activity.

Conclusion 

Separately, RIL has partnered with DP World to introduce a logistics solution that shifts container transport from road to rail. The route connects RIL’s Jamnagar plant to Mundra Port via an inland container depot in Ahmedabad.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.