Reliance Industries Limited (RIL) is a leading Indian conglomerate with a diverse portfolio that includes
petrochemicals, refining, oil and gas exploration, telecommunications, and retail. Established in 1960 by
Dhirubhai Ambani, the company has grown to become one of the largest and most influential companies
in India.
Key Highlights:
1. Petrochemicals and Refining: RIL is a major player in the petrochemical sector, producing a wide
range of products, including plastics and chemicals. It operates one of the world's largest oil
refineries in Jamnagar, Gujarat, which plays a crucial role in global energy supply.
2. Telecommunications: Through its subsidiary, Jio Platforms, RIL has transformed the
telecommunications landscape in India, offering affordable data and digital services, which have
significantly increased internet access across the country.
3. Retail: RIL has a substantial presence in the retail sector, with a vast network of stores providing
a variety of products, including groceries, electronics, and apparel, catering to millions of
customers.
4. Digital Services and Technology: The company is heavily invested in digital initiatives, focusing
on enhancing connectivity and leveraging technology to drive innovation across sectors.
Vision and Commitment:
Reliance Industries is committed to sustainable practices and innovation, aiming to balance growth with
environmental responsibility. The company continues to invest in renewable energy and technology to
meet the evolving needs of consumers and contribute to India’s socio-economic development.
With a strong business foundation and a forward-thinking approach, Reliance Industries Limited remains
a cornerstone of India's industrial growth and economic advancement.
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o create a comparative and common size statement for Reliance Industries Limited for the financial year
2023-24, you typically need specific financial data from their income statement and balance sheet. Since
I can't access real-time financial reports, I can guide you on how to create these statements using
hypothetical data.
Comparative Income Statement (Example)
Item FY 2023-24 (₹ Crores) FY 2022-23 (₹ Crores) Change (%)
Revenue 2,00,000 1,80,000 11.11
Cost of Goods Sold (COGS) 1,50,000 1,35,000 11.11
Gross Profit 50,000 45,000 11.11
Operating Expenses 20,000 18,000 11.11
Operating Income 30,000 27,000 11.11
Item FY 2023-24 (₹ Crores) FY 2022-23 (₹ Crores) Change (%)
Net Income 25,000 22,000 13.64
Common Size Income Statement
In a common size income statement, each line item is expressed as a percentage of total revenue.
Item FY 2023-24 (%) FY 2022-23 (%)
Revenue 100.00 100.00
Cost of Goods Sold (COGS) 75.00 75.00
Gross Profit 25.00 25.00
Operating Expenses 10.00 10.00
Operating Income 15.00 15.00
Net Income 12.50 12.22
Comparative Balance Sheet (Example)
Item FY 2023-24 (₹ Crores) FY 2022-23 (₹ Crores) Change (%)
Total Assets 5,00,000 4,70,000 6.38
Total Liabilities 3,00,000 2,80,000 7.14
Shareholder's Equity 2,00,000 1,90,000 5.26
Common Size Balance Sheet
In a common size balance sheet, each line item is expressed as a percentage of total assets.
Item FY 2023-24 (%) FY 2022-23 (%)
Total Assets 100.00 100.00
Total Liabilities 60.00 59.57
Shareholder's Equity 40.00 40.43
How to Obtain Actual Data
1. Annual Reports: Visit Reliance Industries' official website to download the latest annual report,
which contains detailed financial statements.
2. Stock Exchanges: Financial data can also be found on stock exchange websites where RIL is listed
(BSE, NSE).
3. Financial Databases: Use financial databases like Bloomberg, Reuters, or financial news websites
for comprehensive financial summaries.
If you have specific figures or need help with analysis based on real data, feel free to share!
To provide an accurate segment reporting analysis for Reliance Industries Limited (RIL) for the financial
year 2023-24, I would need specific data from their financial statements. However, I can explain how
segment reporting typically works for RIL and outline hypothetical segments based on historical data and
general industry practices.
Typical Segments of Reliance Industries
1. Petrochemicals
o This segment includes the production of polymers, polyester, and chemicals.
o Revenue and profit margins can vary significantly based on global crude oil prices and
demand.
2. Refining
o Includes operations from their large refineries, primarily in Jamnagar.
o This segment often reflects revenue from refining crude oil and selling petroleum
products.
3. Oil and Gas Exploration
o Covers upstream activities like exploration and production of oil and natural gas.
o Performance can fluctuate based on exploration success and market prices.
4. Telecommunications (Jio)
o Jio Platforms includes telecom services, digital services, and broadband.
o This segment has shown rapid growth due to increased data consumption and user
acquisition.
5. Retail
o Encompasses various retail formats, including grocery, apparel, and electronics.
o The retail segment has been growing steadily, driven by changing consumer behavior.
6. Others
o This may include segments like media, financial services, and other ancillary businesses.
Hypothetical Segment Reporting (Example)
Revenue (₹ Profit Before Tax (₹ Contribution to Total Revenue
Segment
Crores) Crores) (%)
Petrochemicals 80,000 15,000 40%
Refining 60,000 10,000 30%
Oil and Gas Exploration 10,000 2,000 5%
Telecommunications (Jio) 30,000 5,000 15%
Retail 20,000 3,000 10%
Total 2,00,000 35,000 100%
Key Insights
1. Diversification: RIL’s revenue streams are well-diversified, reducing dependency on any single
segment.
2. Growth Areas: Telecommunications and retail have been significant growth drivers, reflecting
changing consumer behaviors.
3. Petrochemicals and Refining: Traditionally strong segments that continue to contribute
significantly to overall profitability.
Actual Data
To obtain the actual segment reporting for RIL for the fiscal year 2023-24:
1. Annual Reports: Check Reliance's official website for the latest annual report, which includes
detailed segment information.
2. Regulatory Filings: Look for filings with the stock exchanges or regulatory bodies.
3. Investor Presentations: RIL often provides insights in investor presentations available on their
corporate website.
If you have access to specific figures or reports, feel free to share them for a more tailored analysis!
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