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.

History1960 – 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 1991–92. 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 1995–96, the company entered the telecom industry through a joint venture with NYNEX, USA and promoted Reliance Telecom Private Limited in India.

In 1998–99, RIL introduced packaged LPG in 15 kg cylinders under the brand name Reliance Gas. During 1998–2000, 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 2001–02, 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 2002–03, 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 Chairman’s 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 infrastructureReliance 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: ReliabilityReliance’s 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 ServicesReliance 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 currencyComplete flexibility in currency for payments — INR, USD or Euros, or even a combination

of Indian and foreign currencies

6: ScalabilityReliance 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 ServiceWe 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 SecurityWe offer complete redundancy through diverse paths on the trans-Atlantic and trans-Pacific routes.

Cash Flow of Reliance Industries

Mar '14 Mar '13 Mar '12

12 mths 12 mths 12 mths

Net Profit Before Tax 27818.00 26284.00 25750.00

Net Cash From Operating Activities

42160.00 32995.00 26974.00

Net Cash (used in)/fromInvesting Activities

-64013.00 -14797.00 -3046.00

Net Cash (used in)/from Financing Activities

5530.00 -8249.00 -11465.00

Net (decrease)/increase In Cash and Cash Equivalents

-16323.00 9949.00 12463.00

Opening Cash & Cash Equivalents 49547.00 39598.00 27135.00

Closing Cash & Cash Equivalents 33224.00 49547.00 39598.00

Source : Dion Global Solutions Limited

Balance Sheet of Reliance Industries ------------------- in Rs. Cr. -------------------

Mar '14 Mar '13 Mar '12

12 mths 12 mths 12 mths

Sources Of FundsTotal Share Capital 3,232.00 3,229.00 3,271.00Equity Share Capital 3,232.00 3,229.00 3,271.00Share Application Money 17.00 25.00 0.00Preference Share Capital 0.00 0.00 0.00

Reserves193,842.0

0176,766.00 159,698.00

Revaluation Reserves 0.00 0.00 3,127.00

Networth197,091.0

0180,020.00 166,096.00

Secured Loans 10,744.00 2,422.00 6,969.00Unsecured Loans 74,737.00 52,101.00 51,658.00Total Debt 85,481.00 54,523.00 58,627.00

Total Liabilities282,572.0

0234,543.00 224,723.00

Mar '14 Mar '13 Mar '12

12 mths 12 mths 12 mths

Application Of Funds

Gross Block194,793.0

0187,607.00 209,552.00

Less: Accum. Depreciation 85,387.00 77,859.00 91,770.00

Net Block109,406.0

0109,748.00 117,782.00

Capital Work in Progress 41,716.00 19,116.00 4,885.00Investments 86,062.00 52,509.00 54,008.00Inventories 42,932.00 42,729.00 35,955.00Sundry Debtors 10,664.00 11,880.00 18,424.00Cash and Bank Balance 36,624.00 49,547.00 889.00Total Current Assets 90,220.00 104,156.00 55,268.00Loans and Advances 40,179.00 32,982.00 24,573.00Fixed Deposits 0.00 0.00 38,709.00

Total CA, Loans & Advances130,399.0

0137,138.00 118,550.00

Deffered Credit 0.00 0.00 0.00Current Liabilities 80,844.00 79,620.00 66,244.00Provisions 4,167.00 4,348.00 4,258.00Total CL & Provisions 85,011.00 83,968.00 70,502.00Net Current Assets 45,388.00 53,170.00 48,048.00Miscellaneous Expenses 0.00 0.00 0.00

Total Assets282,572.0

0234,543.00 224,723.00

Contingent Liabilities 77,162.00 54,600.00 45,831.00Book Value (Rs) 609.78 557.49 498.21

Comparision of Balance Sheet

Income Statement

View: Annual Data | Quarterly Data All numbers in thousands

Period Ending 31-Mar-2014 31-Mar-2013 31-Mar-2012

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

Cost of Revenue 3,808,640,000   3,473,360,000   3,099,740,000  

Gross Profit 535,960,000   497,260,000   485,270,000  

Operating Expenses

Research Development -   -   -  

Selling General and Administrative -   -   -  

Non Recurring -   -   -  

Others -   -   -  

Total Operating Expenses 4,098,970,000   3,749,110,000   3,354,850,000  

Operating Income or Loss 245,630,000   221,510,000   230,160,000  

Income from Continuing OperationsTotal Other Income/Expenses Net

-   -   -  

Earnings Before Interest And Taxes 245,630,000   221,510,000   230,160,000  Interest Expense (25,070,000) (25,740,000) (21,870,000)Income Before Tax -   -   -  Income Tax Expense 62,150,000   53,310,000   56,910,000  Minority Interest (550,000) (70,000) 70,000  Net Income From Continuing Ops 225,480,000   208,860,000   197,170,000  Non-recurring EventsDiscontinued Operations -   -   -  Extraordinary Items -   -   -  Effect Of Accounting Changes -   -   -  Other Items -   -   -  

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 foundso 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 Reliancelife. It doesn’t 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