Reliance Finance Company Ltd 2024 is a trusted name in financial services. They offer a variety of loan and funding options to help people meet their financial needs. This includes margin funding, loans against things like stocks and bonds, and short-term loans to buy shares in new public offerings like IPOs and FPOs.

Reliance Finance Company Limited is here to provide straightforward and reliable financial solutions to its customers.

Reliance Financial Limited (RFL) is completely owned by Reliance Capital Limited (RCL) and has been approved by the Reserve Bank of India (RBI) as a Non-Banking Financial Company (NBFC) since 2006.

RFL offers financial services like margin funding, loans against stocks, bonds, and mutual funds, and short-term loans for buying shares in new public offerings (IPOs and FPOs).

Reliance Finance Company Ltd 2024

Reliance Home Finance Ltd.

Reliance Finance Company Ltd 2024 / Profit & Loss

Figures in Rs. Crores Related Party

	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales +	361	429	512	815	1,114	1,683	2,000	1,600	840	293	391	1	1
Expenses +	65	86	90	142	235	373	575	829	1,920	6,802	-8,933	3	9
Operating Profit	296	342	423	673	879	1,311	1,425	771	-1,081	-6,509	9,324	-2	-9
OPM %	82%	80%	82%	83%	79%	78%	71%	48%	-129%	-2,220%	2,384%	-381%	-1,268%
Other Income +	0	1	0	0	15	0	2	2	0	0	-277	0	0
Interest	254	277	317	536	749	1,062	1,323	1,337	1,220	1,185	32	1	2
Depreciation	0	0	0	1	7	2	3	4	3	212	2	0	0
Profit before tax	42	66	106	137	138	247	102	-567	-2,303	-7,906	9,014	-4	-10
Tax %	35%	34%	35%	37%	-25%	32%	34%	-34%	-34%	-31%	40%	0%
Net Profit +	27	43	69	87	173	167	67	-375	-1,520	-5,440	5,419	-4	-10
EPS in Rs	4.18	6.59	10.49	13.18	14.90	3.45	1.39	-7.74	-31.33	-112.14	111.71	-0.07	-0.21
Dividend Payout %	0%	0%	0%	0%	3%	29%	0%	0%	0%	0%	0%	0%

Reliance Finance Company Ltd 2024 / Cash Flows

Figures in Rs. Crores

	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	-2	412	-179	433	-3,296	-3,507	-1,189	4,713	3,068	-597	4,103	-22
Cash from Investing Activity +	23	-282	293	-72	-355	496	-55	-856	-1,560	848	-105	1
Cash from Financing Activity +	-0	0	0	0	3,227	2,818	1,291	-3,927	-1,374	-367	-4,035	4
Net Cash Flow	21	130	114	362	-425	-194	47	-70	135	-116	-37	-17

Reliance Finance Company Ltd 2024 / Ratios

Figures in Rs. Crores

	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	0	0	0	0	0	0	0	0	0	0	0	0
Inventory Days
Days Payable
Cash Conversion Cycle	0	0	0	0	0	0	0	0	0	0	0	0
Working Capital Days	-288	-314	-422	-361	-261	-24	33	-139	-682	-3,301	-4	224
ROCE %	13%	13%	12%	12%	10%	10%	9%	5%	-8%	-67%	258%	-17%

Reliance Finance Company Ltd 2024 / Shareholding Pattern

Numbers in percentages Quarterly YearlyTrades

	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Promoters +	49.58%	49.58%	49.58%	48.78%	48.64%	48.64%	48.64%	43.61%	0.74%	0.74%	0.74%	0.74%
FIIs +	2.39%	2.19%	2.19%	2.19%	2.19%	2.19%	2.19%	0.39%	0.39%	0.39%	0.39%	0.00%
DIIs +	1.56%	1.56%	1.56%	1.56%	1.55%	1.55%	1.55%	1.55%	1.55%	1.55%	1.55%	1.55%
Government +	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Public +	46.46%	46.67%	46.67%	47.46%	47.60%	47.61%	47.60%	54.44%	97.30%	97.31%	97.32%	97.69%
No. of Shareholders	8,44,905	8,47,948	8,53,215	8,52,814	8,60,494	8,54,262	8,52,451	8,54,351	8,82,115	9,04,907	9,50,122	9,60,349

Reliance Finance Company Ltd 2024 / Financials

( Revenue ) – Quartarly , Yearly

( Profit ) – Quartarly , Yearly

( Net Worth ) – Yearly

FAQ’s

1. Who is the owner of Reliance Finance?

• Reliance Finance Company Ltd focuses on housing finance. They offer home loans, including affordable housing loans, loans against property, and construction loans. The company was started by Dhirubhai H. Ambani on June 5, 2008, and is located in Mumbai, India.

2. Who is eligible for a Reliance Finance Limited loan?

• Age: You must be between 21 and 60 years old to apply for the loan.
• Employment: You need to have worked at an MNC, public company, or well-known private company for at least 2 years.
• Income: You should have a monthly income of at least ₹12,000.

3. Who is the CEO of Reliance Home Finance?

• Top Management Profile, Ravindra Sudhalkar – CEO of Reliance Home Finance.

4. Does Reliance have a finance company?

• Reliance Commercial Finance Limited provides business loans, capital financing, funding activities, and others are the duty of finance businesses.

5. Which bank is owned by Reliance?

• The company offers financial services, such as payment services and insurance help. Its subsidiary, Jio Finance, has a license from the RBI to operate as an NBFC. Another subsidiary, Jio Payments Bank, is a registered payments bank in India.

Conclusion

Reliance Finance Company Ltd 2024 is a leading name in housing finance, offering a range of home loan options to meet various needs. Based in Mumbai, the company is dedicated to providing affordable loans and loans against property. For more information on financial services and updates, visit finrollnews.com. Reliance Finance aims to deliver practical and reliable financial solutions to its customers.

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