Reliance

RELIANCE INDUSTRIES LTD. (Oil) Growth is Life

By: 1101041 – 1101050 PGDM-A

The Beginning…

Objectives

To attain global best practices and become a world-class utility.

To provide uninterrupted, affordable, quality, reliable and clean power, to millions of customers.

To achieve excellence in service, quality, reliability, safety and customer care.

To work with vigor, dedication and innovation, with total customer satisfaction as the ultimate goal.

To consistently achieve high growth with the highest levels of productivity.

Legal Dimensions

Reliance Industries Limited is India’s

largest private sector company

registered under Companies Act, 1956

incorporated on 8 May, 1973.

It is a Company Limited by shares

It is an Indian Non-Government

Company

Companies in the Oil Business

Reliance Oil & Gas E&P Private Limited incorporated on 10th March 2008

Reliance Oil & Gas Private Limited incorporated on 09th June 1993

Reliance Oil Petroleum Private Limited on 08th October 1992

These above three are unlisted companies Reliance Assam Petrochemicals Limited is

a public company incorporated on 25th October 1994. It is Limited by shares and is unlisted.

Companies in the Oil Business Reliance Petro Distribution Private

Limited incorporated on 26 May, 2000 is a private company.

Reliance Petro Marketing incorporated on 17 June, 1999 is a public company.

Reliance Petro Marketing Limited incorporated on 04 January, 2008 is a private company.

The above companies are Limited by shares and

are unlisted.

Major Milestones

2010

•RIL announced a strategic partnership in the oil and gas business with BP (50:50)

•entered into partnerships with Atlas Energy, USA

2009

•RIL joins the league of global deepwater oil and gas operators, KG-D6 basin

•RPL merger with RIL: Value creation through scale and synergies

2008

•Reliance took over majority control of GAPCO and started shipping products to the East African markets.

•Reliance also signed MoU with GAIL (India) Limited

2007

•merger of Indian Petrochemicals Corporation Limited (IPCL) with Reliance Industries Ltd. (RIL)

…Major Milestones

2006

•RIL sets a new export-oriented refinery through its subsidiary, Reliance Petroleum Limited (RPL).

2004

•RIL emerged as the 'Petrochemicals Company of the Year' at the sixth annual Platts Global Energy Awards ceremony in New York, USA

2003

•Reliance strikes oil in an onshore block in Yemen, where it has an equity oil position

2002

•The merger of Reliance Petroleum Limited with Reliance Industries Limited was announced - largest ever merger in India

1993

•Reliance Petroleum Limited public issue - India's largest public offering.

Vision“Through sustainable measures, create

value for the nation, enhance quality of life across the entire socio-economic spectrum and help spearhead India as a global leader in the domains where we operate.”

Mission Create value for all stakeholders Grow through innovation Ensure energy security of the nation Lead in good governance practices Foster rural prosperity

Short Term Goals

Form a sustainability council as an apex body

to give impetus to our sustainability

strategies.

Identify and develop measurable goals for

sustainability performance indicators.

Give a structured approach to our social

initiatives.

Create a sustainability portal for e-enabling

data and information collection.

Long Term Goals

Embed life cycle and systems thinking in all

business processes.

Reduce environmental footprint by deploying

appropriate systems and technologies.

Move towards a low carbon business enterprise

Strengthen the talent pool to cater to our

diverse and integrated nature of business.

Create a triple bottom-line accounting system.

Financial Highlights

In Rs. Crore

FY 2011 FY 2010 % Change wrt FY 2010

Turnover 258,651 200,400 29%PBDIT 41,178 33,041 25%PBT 25,242 20,547 23%

Net Profit 20,286 16,236 25%EPS (Rs.) 62.0 49.7 25%

Financial Highlights

In Rs. Crore FY 2011

FY 2010

% change wrt FY 2010

Revenue 17,250

12,649

36%

EBIT 6,700 5,413 24%Capital

Employed55,54

450,95

7-

ROCE(%) 12.1%

10.6%

-

OIL AND GAS (Product ion and Exploration) BUSINESS

Balance Sheet Highlights

Particulars As at 31 March, 2011

As at 31 March, 2010

Shareholders’ Funds

1,51,540.32 1,37,170.61

Loan Funds 67,396.68 62,494.69Net Block 1,42,706.47 1,53,259.89

Investments 37,651.54 23,228.62Working Capital

37,321.23 21,964.27

(Rs. in crore)

The Board…

Shri Dhirubhai H. Ambani(Founder Chairman of Reliance Group)

Executive Directors

Independent Directors

Shri Nikhil R. Meswani

Shri Hital R. Meswani

Shri PMS Prasad

Shri P.K. Kapil

Shri M. L. Bhakta

Shri Y.Trivedi

Shri D.V. Kapur

Shri P. ModiShri Ashok

MisraShri Dipak C

Jain

Shri Ramniklal H. Hirani(Non

Executive,Non Independent

Director)

Shri Mukesh D. Ambani(Chairman and MD)

Core Competency

One of the biggest players in Indian market

Strong brand name Excellent financial position First Indian company to be featured in

Forbes’ Employs more than 25000 people

Growing demand for petroleum products

Buyout of competition

Competitors

Bharat Petroleum

Hindustan Petroleum

Indian Oil Corporation Limited

Oil and Natural Gas Corporation

References