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.
At RIL's 49th AGM, Ambani guided to doubling consolidated Ebitda over 5 years, confirmed Jio IPO by year-end, and flagged potential Reliance Retail listing. Brokerages reiterate Buy with targets up to Rs 1,765; RRVL seen growing 12% CAGR FY26-28.
Why this matters
AGM guidance follows Reliance filing Jio Platforms IPO papers with exchanges and surging investor searches across RIL, TCS, NSE and Vedanta on IPO and AI moves.
Retail-company signals steady at 3,389 over the last 90 days, with RIL anchoring the cohort.