Reliance industries ltd.

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Reliance industries ltd. Aarti M.Com (p) Kurukshetra university

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Transcript of Reliance industries ltd.

  • 1. INTRODUCTIONReliance group:- Founded : 1966 Founder : Dhirubhai Ambani Headquarters : Mumbai, Maharashtra, IndiaThe reliance group was founded by Dhirubhai H. Ambani,is India largest private private sector enterprise, withbusiness in energy and material value chain.Groups annual revenue are in excess of us $ 66 billionThe flagship company ,RIL ,is the fortune 500 companyand is the largest private sector company in India.

2. BOARD COMPOSITION: The companys policy is to maintainoptimum combination of executive and non executive directors. Theboard consist of 14 directors :-Mukesh D. Ambani(chairman & managing director)Executive director Independent director1. Nikhil R. Meshwani2. Hital R. Meshwani3. PMS Prasad4. Pawan kumar kapilNon executive, non-independentdirector1. Nita M. Ambani1. Mansingh L. Bhakta2. Yogendra P. Trivedi3. Dr. Dharam Vir Kapur4. Mahesh P. Modi5. Prof. Ashok Mishra6. Prof. Dipak C Jain7. Dr. Raghunath AMashelkar8. Adil Zainubhai 3. History 1957:Dhirubhai Ambani returned in India in 1957 . Hestart yarn trading from a small 350 sq. ft. office in masjidBunder, Mumbai. 1966: From yarn trader to fabric manufactureDhirubhai Ambani set up his brand new mill in Naroda,Gujrat.reliance become the biggest textile brand with onlyvimal 1977: Dhirubhai Ambani created history with thereliance textile industries IPO in 1977. the issue wasoversubscribed seven time, taking trade analysiscompletely by surprise. 4. 1980 : Ambani received license to construct factory inpatalganga to produce polyester filament yarn and it enterto the petrochemical industries. 1991 : In Hazira plant, reliance made a landmark entrypetroleum sector and become the worlds largestintegration producer of polyester. 1999 : Jamnagar site was commissioned in 1999,the sites production capacity was double that ofany other refinery and ranked among top five in theworld. 2002 : Reliance Petroleum was merged into RelianceIndustries. Reliance enter into infocomm business andset up his own business services. 2007 : Reliance launch a series of reliance fresh store 5. Major sub-divisionsPetroleum refining and manufacturing businessPetrochemical businessOil and gas exploration & production businessRetail sector 6. Product of reliance petroleum :Base oilDieselFuel oilHeating oilKeroseneAviation oilBitumengasoline Liquefied petroleum gas Naphtha Tame Petcake ETBA Alkylate Iso octane 7. Petroleum:-RIL has 1.24 million barrels per day (MBPD) of crudeprocessing capacity, the largest at any single locationin the world.The demand for petroleum products in India increasedafter a period of contraction in 2009The demand for petroleum products in Indiaincreased from 130.5 MMT to 134.4 MMT, reflecting agrowth of 2.9% in FY-11. The Indian refining capacityincreased to 184.1 MMT from 179.9 MMTRPL will be the sixth largest refinery in the world. 8. Reliance petrochemicalReliance has created global benchmark in product andcustomer services with its multi location, state-of-the-artand world scale petrochemical plant. 9. Under petrochemicals theyproduce :PolymersPolyesterPolyester IntermediatesOther Petrochemicals 10. Polymer : Reliance's philosophy is 'Growth is LifeThe focus on Growth has helped RIL grow as one ofthe world's largest producers of polymers. Polyester :Polyester was first introduced in 1951Reliance invests significant amounts on R&D in thepolyester sector. Polyester Intermediates:Paraxylene: annual capacity is 1.86 million tonsPurified terphalic acid : annual capacity is 2050KTAMono- Ethylene Glycol : annual capacity is 733 KTA 11. PetrochemicalsDomestic Leadership in Petrochemicals.World's Largest Producer of Polyester Fiber and Yarn.India's largest and world's eighth largest producer of MEGIndia's largest manufacturer of Synthetic Rubber. fifth largest producer of PP and PX in the world.Ninth largest producer of PTA in the world. 12. Exploration & ProductionOil and gas exploration and production businessKG-D6 is the major field explored and operatedKG-D6 was the single largest source of domestic gas in thecountry for FY-11 and accounted for almost 35% of thetotal gas consumption in India. The gas from KG-D6 catered to demand from 57customers in critical sectors like fertilizer, power, steel,petrochemicals and refineries The gas from KG-D6 accounted for about 44% of thetotal domestic gas production 13. Reliance RetailRelianceFresh Retail Outletsof fruits Vegetables &GroceriesRelianceDigital ConsumerElectronicsretail StoreRelianceJewels JewelleryRelianceTrends Apparel andClothingRelianceTimeOut store ofBooks, music, movies Toys,Gaming,Fragrances,Stationery. 14. Reliance fresh :Reliance retail ltd. is the largestretailer in term of revenue. Reliance fresh : is theconvenience store formatwhich forms part of theretail business of relianceindustries. These store sell fresh fruitand vegetable, staples,groceries, fresh juice barsand dairy product The company has in excessof 560 reliance fresh outletsacross the country 15. Reliance trends : Reliance Trends is offering ahomogeneous mix of private labelsand brands across the world. They provide the product thatfulfill every customer requirement.Its product include : formal office wear collectionfor men and women fashion garments like Denims,T shirts etc. Store also provide brand like : Lee,Wrangler, Peter England , JohnPlayers, Black berry , Gini n Jony ,Liliput , 16. Reliance jewelreliance jewel is the place, where customers are assuredof the widest range, stunning designs, guaranteedpurity and quality and a pleasant shopping experience.services Free Cleaning & Polishing Free Purity Check Customized Jewellery Designing 17. POLICYBetween my part, the present and the future, there isone common factor:Relationship and trust.This is the foundation of our growth 18. 1 Appropriate governance structurewith defined roles and responsibility2 Ethics policies3 Best corporate governance practice4 Social, environment and economicresponsibility 19. 5 Management initiative for control andcompliance6 Shareholder communication7 Observance of secretarial standard issued byinstitute of the company secretaries of India8 Proactive review of governance practices andstandards. 20. Strategies of RILAt reliance, sustainable development is acornerstone of business strategy toachieve sustainable and profitablegrowth 21. Sustainable development strategyincludeEnergy securityGrowth through innovationHealth and safety 22. EnvironmentProduct responsibilitySocial institution buildingPromoting sports & sportsman 23. Leadership : RILs Chairman and Managing Director, Sh Mukesh D.Ambani, received the NDTV 25 Greatest Living Legendsof India Award, presented by the Honorable President ofIndia on 14th December, 2013CSR : (corporate social responsibility) Oliver Kinrosss Asia Oil & Gas Award 2013 forCorporate Social Responsibility - Company of the Year(RIL KG-D6) Best use of CSR practices in manufacturing awards(Hazira Manufacturing Division) 24. Current Position RIL achieved strong results across its refining,petrochemicals and retail businesses. It becomes First Private sector company in India torecord revenues of over Rs. 4,00,000 crore.In the year 2013-14 its Revenue from operationsincreased by 8.1% to ` 401,302 crore ($ 67.0 billion)Its Exports increased by 15.3% to `275,825 crore ($ 46.0billion)Net Profit increased by 4.7% to `21,984 crore ($ 3.7billion) 25. PetrochemicalsIts EBIT increased by 17.5% and revenue increased by 9.5%.Polyester Filament Yarn (PFY) plant at Silvassa wascommissioned successfully during FY 2013-14. Threeproducts Partially Oriented Yarn (POY), Fully Drawn Yarn(FDY) and Polyester Textured Yarn (PTY) are beingproduced at the site and all units are now fully operational. 26. Retail business Indias largestretail chainReliance Retail has becomeIndias largest retailer byrevenues. Its revenues grew34% to ` 14,496 crore. The retailbusiness also achieved twomajor milestones in FY 2013-14.It crossed 10 million square feetof retail space and broke evenon a net profit basis during theyear .Reliance Retail nowoperates 1,691 stores across 146cities. 27. RefiningThe refining business had a record performance during theyear delivering the highest ever annual contribution to theCompanys EBIT. Its revenue increased by 8.4% and itsEBIT increased by 3.4%. 28. RANKS Mr. Mukesh ambani holds the top spot with a net worth of$22.6 billion in Indias top 10 richest people. Ril is the India's 2nd largest company with its revenue ofRs.401,302 crore. Ril placed at 114th position in latest Fortune Global 500 listof world's biggest firm.