Index

1) Introduction of Company.
2) Advantages.
3) Cash Flow.
4) Balancesheet .
5) Comparision of Balancesheet .
6) Income Statement.
7) Comparision of Income Statement.
8) Conclusion.

Introduction
Reliance Industries Limited (RIL) is a conglomerate with business in the energy and
materials value chain. The Company operates in three segments: petrochemicals,
refining and oil & gas. The petrochemicals segment includes production and marketing
operations of petrochemical products which include, polyethylene, polypropylene,
polyvinyl chloride, poly butadiene rubber, polyester yarn, polyester fibre, purified
terephthalic acid, paraxylene, ethylene glycol, olefins, aromatics, linear alkyl benzene,
butadiene, acrylonitrile, caustic soda and polyethylene terephthalate. The refining
segment includes production and marketing operations of the petroleum products.
The oil and gas segment includes exploration, development and production of crude oil
and natural gas. In July 2014, Independent Media Trust, a unit of Reliance Industries
Ltd raised its interest to 78.05% from 6.8% in Network 18 Media & Investments Ltd
(Network).
Reliance Industries Limited (RIL) is an Indian conglomerate holding company
headquartered in Mumbai, Maharashtra, India. The company operates in five major
segments: exploration and production, refining and marketing, petrochemicals, retail
and telecommunications.
The group is present in many business sectors across India including petrochemicals,
construction, communications, energy, health care, science and technology, natural
resources, retail, textiles, and logistics.
RIL is the second-largest publicly traded company in India by market capitalisation
and is the second largest company in India by revenue after the state-run Indian Oil
Corporation. The company is ranked No. 99 on the Fortune Global 500 list of the
world's biggest corporations, as of 2013. RIL contributes approximately 14% of India's
total exports.

History
1960 1980

The company was co-founded by Dhirubhai Ambani and his cousin Champaklal
Damani in 1960s as Reliance Commercial Corporation. In 1965, the partnership was
ended and Dhirubhai continued the polyester business of the firm. In 1966, Reliance
Textiles Industries Pvt Ltd was incorporated in Maharashtra. It established a synthetic
fabrics mill in the same year at Naroda in Gujarat. In 1975, company expanded its
business into textiles, with "Vimal" becoming its major brand in later years. The
company held its Initial public offering (IPO) in 1977. The issue was over-subscribed
by seven times. In 1979, a textiles company Sidhpur Mills was amalgamated with the
company. In 1980, the company expanded its polyster yarn business by setting up a
Polyester Filament Yarn Plant in Raigad, Maharashtra with financial and technical
collaboration with E. I. du Pont de Nemours & Co., USA.

1981 2000

In 1985, the name of the company was changed from Reliance Textiles Industries Ltd.
to Reliance Industries Ltd. During the years 1985 to 1992, the company expanded its
installed capacity for producing polyster yarn by over 145,000 tonnes per annum. The
Hazira petrochemical plant was commissioned in 199192. In 1993, Reliance turned to
the overseas capital markets for funds through a global depositary issue of Reliance
Petroleum. In 1996, it became the first private sector company in India to be rated by
international credit rating agencies. S&P rated BB+, stable outlook, constrained by the
sovereign ceiling. Moody's rated Baa3, Investment grade, constrained by the sovereign

ceiling. In the year 199596, the company entered the telecom industry through a joint
venture with NYNEX, USA and promoted Reliance Telecom Private Limited in India.

In 199899, RIL introduced packaged LPG in 15 kg cylinders under the brand name
Reliance Gas. During 19982000, the company completed setup of integrated
petrochemical complex at Jamnagar in Gujarat.

2001 present

In 2001, Reliance Industries Ltd. and Reliance Petroleum Ltd. became India's two
largest companies in terms of all major financial parameters. In 200102, Reliance
Petroleum was merged with Reliance Industries. In 2002, Reliance announced India's
biggest gas discovery (at the Krishna Godavari basin) in nearly three decades and one
of the largest gas discoveries in the world during 2002. The in-place volume of natural
gas was in excess of 7 trillion cubic feet, equivalent to about 1.2 billion barrels of crude
oil. This was the first ever discovery by an Indian private sector company. In 200203,
RIL purchased a majority stake in Indian Petrochemicals Corporation Ltd. (IPCL),
India's second largest petrochemicals company, from Government of India. IPCL was
later merged with RIL in 2008. In the years 2005 and 2006, the company reorganized
its business by demerging its investments in power generation and distribution,
financial services and telecommunication services into four separate entities. In 2006,
Reliance entered the organised retail market in India with the launch of its retail store
format under the brand name of 'Reliance Fresh'. By the end of 2008, Reliance retail
had close to 600 stores across 57 cities in India. In 2010, Reliance entered Broadband
services market with acquisition of Infotel Broadband Services Limited, which was the
only successful bidder for pan-India fourth-generation (4G) spectrum auction held by
Government of India. In the same year, Reliance and BP announced a partnership in
the oil and gas business. BP took a 30 per cent stake in 23 oil and gas production
sharing contracts that Reliance operates in India, including the KG-D6 block for $7.2
billion. Reliance also formed a 50:50 joint venture with BP for sourcing and marketing
of gas in India. In 2012, RIL set up a joint venture with Russian Company Sibur for
setting up a Butyl rubber plant in Jamnagar, Gujarat. The plant is scheduled to be
operational in 2015 Presently, Vivek Lall is the President and CEO of New Ventures in
the Chairmans Office at Reliance Industries Limited.

Advantage Of Reliance
Whether it is dedicated circuits, private switching arrangements or pre-defined
transmission
paths virtual or physical Reliance
International Private
Leased Circuits offer you eight exclusive advantages that
gives your company a competitive edge.
1: fully owned infrastructure
Reliance is the only telecom carrier that has a wholly-owned
global sub-sea cable network with a presence in over
27 countries, as well as 24-hour proactive network monitoring and support.
2: Reliability
Reliances IPLC service is one of the most reliable submarine cable networks.
More important, it is very well supported by Reliance's extensive domestic
network.
3: One Stop Shop (OSS)
An End-to-End link with Single-End-Provisioning and Single-End-Billing:

Domestic link including the last mile in India and in the foreign country with
our carrier partner.
Our fully-owned circuit between the international PoP in India and the designated
PoP at the international end.
Dedicated teams for implementation and support in India and the US.

4: Affordable World-class Services

Reliance has tie-ups with top international carriers that give it a global reach and enable it
to offer international quality SLA-level service
standards, giving the customer world-class services at highly competitive and affordable
prices.

5: Choice of currency
Complete flexibility in currency for payments INR, USD or Euros, or even a combination
of Indian and foreign currencies
6: Scalability
Reliance offers highly scalable solutions for its IPL service, as there are no
barriers for upgrading the capacity of circuits or provisioning
multiple circuits. Connectivity capacity can be scaled up at very short notice, enabling
our customers to quickly react to their business needs.
7: Quality of Service
We offer a very high Quality of Service (QoS), backed by service level commitments.
Since Reliance uses an integrated
network for its End-to-End services, there are greatly fewer points of failure
in the network, and our end-customers get a very
high quality service. Our cutting edge technology translates into exceptional network
reliability and service availability.
8: More Security
We offer complete redundancy through diverse paths on the trans-Atlantic and
trans-Pacific routes.

Cash Flow of Reliance Industries

Net Profit Before Tax

Net Cash From Operating
Activities
Net Cash (used in)/from
Investing Activities
Net Cash (used in)/from
Financing Activities
Net (decrease)/increase In Cash
and Cash Equivalents
Opening Cash & Cash Equivalents
Closing Cash & Cash Equivalents

Mar '14
12 mths

Mar '13
12 mths

Mar '12
12 mths

27818.00

26284.00

25750.00

42160.00

32995.00

26974.00

-64013.00

-14797.00

-3046.00

5530.00

-8249.00

-11465.00

-16323.00

9949.00

12463.00

49547.00
33224.00

39598.00
49547.00

27135.00
39598.00

Source : Dion Global Solutions Limited

Balance Sheet of Reliance Industries

Sources Of Funds
Total Share Capital
Equity Share Capital
Share Application Money
Preference Share Capital
Reserves
Revaluation Reserves
Networth
Secured Loans
Unsecured Loans
Total Debt
Total Liabilities

Application Of Funds
Gross Block
Less: Accum. Depreciation
Net Block
Capital Work in Progress
Investments
Inventories
Sundry Debtors
Cash and Bank Balance
Total Current Assets
Loans and Advances
Fixed Deposits
Total CA, Loans & Advances
Deffered Credit
Current Liabilities

------------------- in Rs. Cr. -------------------

Mar '14

Mar '13

Mar '12

12 mths

12 mths

12 mths

3,232.00
3,232.00
17.00
0.00
193,842.0
0
0.00
197,091.0
0
10,744.00
74,737.00
85,481.00
282,572.0
0
Mar '14
12 mths

3,229.00
3,229.00
25.00
0.00

3,271.00
3,271.00
0.00
0.00

176,766.00

159,698.00

0.00

3,127.00

180,020.00

166,096.00

2,422.00
52,101.00
54,523.00

6,969.00
51,658.00
58,627.00

234,543.00

224,723.00

Mar '13
12 mths

Mar '12
12 mths

187,607.00

209,552.00

77,859.00

91,770.00

109,748.00

117,782.00

19,116.00
52,509.00
42,729.00
11,880.00
49,547.00
104,156.00
32,982.00
0.00

4,885.00
54,008.00
35,955.00
18,424.00
889.00
55,268.00
24,573.00
38,709.00

137,138.00

118,550.00

0.00
79,620.00

0.00
66,244.00

194,793.0
0
85,387.00
109,406.0
0
41,716.00
86,062.00
42,932.00
10,664.00
36,624.00
90,220.00
40,179.00
0.00
130,399.0
0
0.00
80,844.00

Provisions
Total CL & Provisions
Net Current Assets
Miscellaneous Expenses
Total Assets
Contingent Liabilities
Book Value (Rs)

4,167.00
85,011.00
45,388.00
0.00
282,572.0
0
77,162.00
609.78

4,348.00
83,968.00
53,170.00
0.00

4,258.00
70,502.00
48,048.00
0.00

234,543.00

224,723.00

54,600.00
557.49

45,831.00
498.21

Comparision of Balance Sheet

Income Statement
View: Annual Data | Quarterly Data
Period Ending
Total Revenue
Cost of Revenue

All numbers in thousands

31-Mar-2014

31-Mar-2013

31-Mar-2012

4,344,600,000 3,970,620,000 3,585,010,000

3,808,640,000

3,473,360,000

3,099,740,000

535,960,000

497,260,000

485,270,000

Research
Development

Selling General and

Administrative

Non Recurring

Others

4,098,970,000

3,749,110,000

3,354,850,000

245,630,000

221,510,000

230,160,000

245,630,000

221,510,000

230,160,000

Gross Profit
Operating Expenses

Total Operating
Expenses
Operating Income or
Loss

Income from Continuing Operations

Total Other
Income/Expenses
Net
Earnings Before
Interest And Taxes
Interest Expense
Income Before Tax
Income Tax Expense
Minority Interest
Net Income From
Continuing Ops

(25,070,000)

(25,740,000)

(21,870,000)

62,150,000

53,310,000

56,910,000

(550,000)

(70,000)

70,000

225,480,000

208,860,000

197,170,000

Discontinued
Operations

Extraordinary Items

Effect Of Accounting
Changes

Other Items

Non-recurring Events

Net Income

224,930,000

208,790,000

197,240,000

Preferred Stock And Other

Adjustments

Net Income Applicable

To Common Shares

Comparision of Income Statement

From the one and half month experience of my research project with Reliance life. I have
come to know a lot of things and it has enhanced my knowledge to a great extent. I found
so many good things, which are, vary well for the company. But from my point of view I
found some things, which are really needed to be taken into consideration in Branch. Some of
recommendation and suggestion given by me are purely based on my study at the Reliance
life. It doesnt have any kind of bias on my side. They are given are as under.

Company provides very well services to their customers, which batter than other
companies, so insurance holders are satisfied to the company.

The Company has vary good awareness in the city but still a vary big area
which are not aware about the company, so I would like to suggest that company
should advertise in that area about their services. The company can increase
awareness from hoardings in small villages and Towns.

The company can emphasize on their policies and their benefits in their
advertisement

Find out big potential customer and encourage them for the investing in
unit link policy.

Company should give advertisement in local newspaper like Hamlogs and

other local newspaper and also put hording in near villages of the city so
farmers and other people also can know about the company and can
get the more potential customers.

It also needs to educate the people of the city and nearest village like anavada,
rajpur, matarvadi etc. especially the once who could afford insurance policy.
By this way company can get two folded benefits as it can generate a good
publicity and also earn the high premium through the volume of sales.

CONCLUSION

The research conducted by me is summarized as under:

From the research, it could be concluded that Reliance in all ways as compared with
the other has vary good scope in the patan city. It provides vary good services to their
customers. Reliance in all ways is good, just that it needs to provide more and better
services and fast services to the customersStill in the city the brand name (Reliance
life) needs to be emphasized on, while marketing & selling the product. Still the market
is not 100% fully aware that what Reliance life is. There are so many potential
customers for Insurance industry. Still Business man and professionals are investing
their money in other components. So company has to make more marketing and try to
convert their investment in insurance policy and make a more customer. So company
not only focuses to their present customer but also focus on other potential customers.
It could come up with products, which cater to all segments of the society after a little
cost cutting, than fixing up a standard service for all its customers, whose needs vary
diversely