INTRODUCTION

Reliance Industries Limited is an

Indian multinational conglomerate headquartered in Mumbai. Its businesses
include energy, petrochemicals, natural
gas, retail, entertainment, telecommunica
tions, mass media, and textiles. Reliance
is the largest public company in India
by market capitalization and revenue, and
the 100th largest company worldwide. It
is India's largest private tax payer and
largest exporter, accounting for 7% of
India's total merchandise exports The company has relatively little free cash
flow and high corporate debt.
Formerly Reliance Industries Ltd. (from 1973)

Type Public

Industry Conglomerate

Founded 1958

Founder Dhirubhai Ambani

Headquarter Mumbai , Maharashtra , India

Area served Worldwide

Key People Mukesh Ambani

Products Petroleum , Natural gas , Chemicals , Petrochemicals , Oil

refining, Retail ,

telecommunication , Media , Entertainment .

Owner Mukesh Ambani

Number of Employees 389,414

 HISTORY

1958–1980

• Founding and Early Years: Reliance Commercial Corporation was

established in 1958 by Dushyant Corporation (part of the DC Group of
Companies) as a small venture trading commodities like spices and
polyester yarn.

• 1960s Development: In 1965, the partnership ended, and Dhirubhai

Ambani continued the polyester business independently. In 1966,
Reliance Textiles Industries Pvt. Ltd. was incorporated in Maharashtra.

• Expansion into Textiles: Reliance established a synthetic fabrics mill

in Naroda, Gujarat, in 1966. By 1973, it became Reliance Textiles
Industries Limited. The company expanded into textiles, with "Vimal"
becoming a major brand.

• Public Offering and Growth: Reliance held its initial public offering (IPO) in 1977,
which was oversubscribed by seven times, indicating strong investor interest.

• Further Expansion: In 1979, Reliance amalgamated Sidhpur Mills into its operations. In
1980, it expanded its polyester yarn business by setting up a Polyester Filament Yarn Plant in
Patalganga, Maharashtra, in collaboration with E. I. du Pont de Nemours & Co., USA

1981–2000

. • Name Change and Capacity Expansion (1985-1992):

• In 1985, Reliance Textiles Industries Ltd. changed its name to Reliance Industries
Ltd.
• During 1985 to 1992, RIL expanded its
polyester yarn production capacity by over
145,000 tones per annum.
• Hazira Petrochemical Plant (1991-1992):

• The Hazira petrochemical plant was commissioned during this period, marking a
significant milestone in RIL's petrochemicals sector growth.

• Global Capital Markets and Credit Ratings (1993-1996):

• In 1993, RIL raised funds through a global depository issue of Reliance Petroleum,
tapping into overseas capital markets.
• By 1996, RIL became the first private sector company in India to be rated by
international credit rating agencies. S&P rated RIL "BB+, stable outlook" and
Moody's rated "Baa3, Investment grade".

• Entry into Telecom (1995-1996):

• RIL entered the telecom industry in 1995/96 through a joint venture with NYNEX
(USA), leading to the formation of Reliance Telecom Private Limited in India.

• Acquisition and Diversification (1998):

• In 1998, RIL acquired Indian Petrochemicals Corporation Limited (IPCL) during the
privatization of public sector enterprises, further consolidating its position in the
petrochemical sector.

• Packaged LPG and Petrochemical Complex (1998-2000):

• In 1998/99, RIL introduced packaged LPG in 15 kg cylinders under the brand name
Reliance Gas.
• Between 1998 and 2000, RIL constructed the integrated petrochemical complex at
Jamnagar in Gujarat, which became the largest refinery in the world at that time

2001 onwards
In 2001, both Reliance Industries Ltd. and Reliance Petroleum Ltd. stood out as India's
leading companies based on all significant financial indicators. The following year, in 2001–
02, Reliance Petroleum merged with Reliance Industries, consolidating their operations and
strengthening their position in the Indian corporate sector.

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 more than 7 trillion cubic feet, equivalent to about 120 crore
(1.2 billion) barrels of crude oil.

In 2002–03, RIL purchased a majority stake in Indian Petrochemicals Corporation Ltd.

(IPCL), India's second largest petrochemicals company, from the government of India
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 2017, RIL set up a joint venture with Russian Company Sibur for setting up a Butyl
rubber plant in Jamnagar, Gujarat, to be operational by 2018.

In August 2019, Reliance added Fynd primarily for its consumer businesses and mobile
phone services in the e-commerce space.

In December 2022, Reliance Industries Market cap stood at Rs.17,59,017.23 crore.

In March 2024, Reliance Industries partnered with Disney to introduce Reliance-Disney OTT
platform.

In February 2024, Reliance Industries Ltd. and The BharatGPT group announced that it will
launch large language model (LLM), Hanuman's AI system in March 2024. The model will
work in 11 local languages in four major areas: health, governance, financial
services and education.

RELIANCE INDUSTRIES LIMITED FOR

ANNUAL REPORT OF FINANCIAL
REPORT , YEAR (2022-23)

Reliance Industries Limited revenue for

financial year 2022-23 was 5,65,347 crore
($68.8 billion) , an increase of 21.6% as
compared to 4,65,045 crore in the previous
year . revenue growth was led by increase in
crude and product prices.
 FINANCIAL MATRICS :-

1)REVENUE TRENDS :-

1200000

1000000

800000

600000

400000

200000

0
2020-2021 2021-2022 2022-2023

REVENUE

YEAR REVENUE(₹in crores)

2020-2021 539238
2021-2022 788743
2022-2023 974864

GROWTH % BETWEEN FY 22-23 = 974864 - 788743 / 788743 *100

= 23.6%
2)PROFIT AFTER TAX TRENDS :-

80000

70000

60000

50000

40000

30000

20000

10000

0
2020-2021 2021-2022 2022-2023

PROFIT AFTER TAX

YEAR PROFIT AFTER TAX (₹ in crores)

2020-2021 53739
2021-2022 66184
2022-2023 73670

GROWTH % BETWEEN FY 22-23 = 73760 - 66184 / 66184 * 100

= 11.5 %
3)NET WORTH TRENDS :-

800000

700000

600000

500000

400000

300000

200000

100000

0
2020-2021 2021-2022 2022-2023

NET WORTH

YEAR NET WORTH (₹ in crores)

2020-2021 548156
2021-2022 645127
2022-2023 668880

GROWTH % BETWEEN FY 22-23 = 668880 - 645127 / 645127 * 100

= 3.7 %
STOCK MARKET PRICE
 SWOT ANALYSIS

Strength of RIL
Versatile Portfolio
Technical Upgradation
Competitive market position

Weakness of RIL
Excessive dependency on
petrochemicals
Regulatory and compliance Issues
Geopolitical risk

Threats of RIL
Competition
Cyber security Issues
Volatile Global Market

Opportunities of RIL
Entry into Renewal Energy
International Expansion
Digital Evolution