TABLE OF CONTENTS

Chapter -1: INTRODUCTION OF THE COMPANY

1.1 History of the Organization and Objective
1.2 Organization Structure
1.3 Financial performance
1.4 Personal policy
1.5 Products & operation
1.6 Layout & quality control
1.7 Marketing
1.8 Strength & weekness
1.9 Spend policy
1.10

Name

Chapter 2: METHODOLOGY
2.1 Topic
2.2 The Study and Its Objectives
2.3 The Sample
2.4 The tools
2.4.1 For Data Collection
2.4.2 For Data Analysis
Chapter 3 RESULT AND DISCUSSION
Chapter 4: IMPLICATION & SUGGESTIONS
Chapter 6: CONCLUSION

 References
Annexure
Chapter -1: INTRODUCTION OF THE COMPANY
Reliance infrastructure, a part of Reliance Group, is India's largest infrastructure
company with turnover of over Rs.15,690 crore and market capitalization of over
Rs. 24,450 crore as on March 31, 2010.
Reliance Infrastructure Limited is Indias leading utility company having presence
in across the value chain of power business i.e. Generation, Transmission,
Distribution, EPC and Trading and the largest infrastructure company by
developing projects in all high growth areas in infrastructure sector i.e. Roads,
Highways, Metro Rails, Airports and Speciality Real Estate.
Our presence spans across three verticals:
-

Engineering, Procurement and Construction

Energy
Infrastructure

Engineering, Procurement and Construction

EPC offers a single point solution to the execution of power plants including
project engineering, procurement, construction & commissioning for its clients.
The world of tomorrow will feature abundant energy that will spark a million
smiles and dreams. Our EPC division is ushering this energy revolution with power

plant projects. Along with full service project advisory capabilities, we manage
power plants on a turnkey basis and provide industry specialist services such as
fuel management advice and fiscal advice. Our the turnover of the division was Rs
557 crore (US$ 120 million) and order book position of over Rs 18,530 crore (US$
4 billion) as on June 30, 2010.

Energy
Our core competency in energy extends to generation, transmission, distribution
and trading. This comprehensive sphere of influence extends our vision of a highly
developed India within our realms. We distributed more than 36 billion units of
electricity to 30 million consumers and generate 941 MW of electricity from our
power stations. Our transmission division is developing 5 transmission projects,
with total project outlay of Rs 6,640 crore (US$ 1.4 billion).

Infrastructure
RInfra has a significant presence in the construction of roads, metros, airports and
real estate. Infrastructure is decidedly the most visible and important form of
development in a nation. We signify this with our 11 road projects of 970 kms
worth about Rs 12,000 crore (US$ 2.6 billion). We are currently implementing 3
metro rail projects in Mumbai and Delhi worth around Rs 16,000 crore (US$ 3.4
billion).In

the

real

estate

space,

we

are

in

various

stages

of

bidding/negotiation/planning with over 400 million sq. feet of mixed use built up
potential.

Enhancing

Our

Legacy/

Carrying

the

Legacy

Our passion to excel in every endeavor emanates from the legacy of our founder
Late Shri Dhirubhai Ambani. His values and ideals stand with us as we
collectively seek to further develop the society, landscape and the nation we
are a proud part of. In the years ahead of us, we will keep exploring the unknown
in our quest for excellence.

Highlights for Company Profile

One of the largest Indian business conglomerate.
Leading Private Utility Firm in Transmission.
Significant presence in EPC, Energy and Infrastructure.

1.11

History of the Organization and Objective

History
Reliance Infrastructure Ltd. (BSE: 500390, NSE: RELINFRA) formerly known
as Reliance Energy and prior to that as Bombay Suburban Electric Supply
(BSES), Its India's largest private sector enterprise in power utility and its a
company under the Reliance Anil Dhirubhai Ambani Group banner, one of India's

largest conglomerates. The company is headed by Anil Ambani. The company's

corporate headquarters is situated in Mumbai. The company is the sole distributor
of electricity to consumers in the suburbs of Mumbai. It also runs power
generation, transmission and distribution businesses in other

parts

of

Maharashtra, Goa and Andhra Pradesh.

Awards & Accolades

Environmental Awards

2006 - Greentech Award for Environmental Excellence" for the year 2006.

2005 - Greentech Award for Environmental Excellence" for the year 20042005.

2001 - Indo-German Award for Environmental Excellence" by Greentech

Foundation.

2000 - Indo-German Award for Environmental Excellence" by Greentech

Foundation.

2000 - Federation of Indian Chambers of Commerce & Industry (FICCI)

Award.

2000 - Millennium Business Award for Environmental Achievement" by

United Nations (UN) and International Chamber of Commerce (ICC) at
BUDAPEST.

1999 - Environment Performance Award" by Council of Power Utilities

(CPU ) as a part of Thermal Centenary Celebration-1999.

1998 - The G-51 Millennium Award in the field of Mother Earth protection.

1998 - Dr.R.J.Rathi Environmental Award.

1997 - International Greenland Society National Award.

Safety Awards

2006 - NSC- Maharastra Chapter - Safety Awards - 2005 for "Lowest

Accident frequency rate" during the year 2005.

2005 - NSC - Maharashtra Chapter - Safety Awards 2004.

2004 - Four Stars" Ranking by British Safety Council, UK for Occupational

Health and Safety Management System.

2004 - National Safety Council-Maharashtra Chapter.

2004 - National Safety Award-2003" by Govt. of India.

2001 - Safety Award-2001- Yogyata Pramanpatra" by "National Safety

Council of India" for good performance in OSH for 1998 to 2000.

1999 - National Safety Council-Maharashtra Chapter" for longest accident

free period during 1999.

Operational Performance Awards

2006 - 2006 - International Quality Crown Award (IQC Award) in Gold

Category" by Business Initiative Directions (BID) , Spain.

2006 - CII - National Award for Excellence in Energy Management" for

2006 - by Confederation of Indian Industry(C I I ).

2006 - First Prize - National Award for Meritorious Performance by Central

Electricity Authority (CEA), Govt. of India for its Excellent PERFORMANCE
amongst Indian Thermal Power Plants in the year 2004-05.

2005 - Maharastra Energy Development Agency (MEDA) Award for

Excellence in Energy Conservation & Management in Thermal Power Station
sector for the year 2005.

2005 - Vishwakarma Rashtriya Purasakar - 2004 (Eight Employees) - by

Ministry of Labour and Employment., Govt. of India.

2005 - CII - National Award for excellence in Water Management" for 2005
- by Confederation of Indian Industry(C I I ).

2004 - Reliance Energy was presented the prestigious "QIMPRO

Benchmark 2004" award by the QIMPRO Foundation in the "Service Category" on
the basis of its performance in 15 parameters including attributes such as
Leadership, Strategic planning, Communication, Quality Management System, and
Customer Interaction Management, among others - by QIMPRO Foundation.

2004 - Dahanu TPS was named as one of the worlds top 12 power plants of
2004 by Platts Power Magazine, in its July/August 2004 edition based on several
selection criteria such as operational efficiency, minimal environmental impact,
technology use, financing structure, etc.

OBJECTIVES

ORGANIZATION STRUCTURE

Financial performance

The Company's financial performance, for the year

ended March 31, 2015 is summarised below:

* 1 $ = ` 62.5 Exchange Rate as on March 31, 2015 (1 $ = ` 59.915

as on March 31, 2014)
Balance Sheet of Reliance Industries

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

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

Mar '15

Mar '14

Mar '13

Mar '12

Mar

12 mths

12 mths

12 mths

12 mths

12 mths

3,236.00
3,236.00

3,232.00
3,232.00

3,229.00
3,229.00

3,271.00
3,271.00

3,273.00
3,273.00

17.00

17.00

25.00

0.00

9.00

212,923.00
216,176.00
2,036.00
87,105.00
89,141.00
305,317.00
Mar '15

193,842.00
197,091.00
10,744.00
74,737.00
85,481.00
282,572.00
Mar '14

175,711.00
178,965.00
2,422.00
52,101.00
54,523.00
233,488.00
Mar '13

159,698.00
162,969.00
6,949.00
51,678.00
58,627.00
221,596.00
Mar '12

142,800.00
146,082.00
10,104.00
53,324.00
63,428.00
209,510.00
Mar '11

Application Of Funds
Gross Block
Less: Revaluation
Reserves
Less: Accum.
Depreciation
Net Block
Capital Work in
Progress
Investments
Inventories
Sundry Debtors
Cash and Bank Balance
Total Current Assets
Loans and Advances
Total CA, Loans &
Advances
Current Liabilities
Provisions
Total CL & Provisions
Net Current Assets
Total Assets
Contingent Liabilities
Book Value (Rs)

12 mths

12 mths

12 mths

12 mths

12 mths

205,638.00

194,542.00

187,607.00

182,946.00

203,686.00

0.00

0.00

1,055.00

3,127.00

5,467.00

91,075.00

85,136.00

77,859.00

69,223.00

60,979.00

114,563.00

109,406.00

108,693.00

110,596.00

137,240.00

75,753.00

41,716.00

19,116.00

7,754.00

12,228.00

112,573.00
36,551.00
4,661.00
11,571.00
52,783.00
42,113.00

86,062.00
42,932.00
10,664.00
36,624.00
90,220.00
40,179.00

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

54,008.00
35,955.00
18,424.00
39,598.00
93,977.00
25,678.00

37,652.00
29,825.00
17,442.00
27,135.00
74,402.00
17,730.00

94,896.00

130,399.00

137,138.00

119,655.00

92,132.00

86,210.00
6,258.00
92,468.00
2,428.00
305,317.00

80,844.00
4,167.00
85,011.00
45,388.00
282,572.00

79,620.00
4,348.00
83,968.00
53,170.00
233,488.00

66,159.00
4,258.00
70,417.00
49,238.00
221,596.00

65,141.00
4,601.00
69,742.00
22,390.00
209,510.00

80,641.00
668.05

75,955.00
609.78

54,600.00
554.22

54,075.00
498.21

56,305.00
446.25

Source : Dion Global Solutions Limited

Profit & Loss account of Reliance Industries

INCOME
Revenue From
Operations [Gross]
Less: Excise/Sevice
Tax/Other Levies

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

Mar 15

Mar 14

Mar 13

Mar 12

Mar 11

12 mths

12 mths

12 mths

12 mths

12 mths

340,814.00

401,302.00

371,119.00

339,792.00

258,651.00

11,738.00

11,185.00

10,822.00

9,888.00

10,481.00

Revenue From
Operations [Net]
Total Operating Revenues
Other Income
Total Revenue
EXPENSES
Cost Of Materials
Consumed
Purchase Of Stock-In Trade
Operating And Direct
Expenses
Changes In Inventories Of
FG,WIP And Stock-In Trade
Employee Benefit
Expenses
Finance Costs
Depreciation And
Amortisation Expenses
Other Expenses
Less: Transfer to / From
Investment / Fixed Assets /
Others
Total Expenses

329,076.00

390,117.00

360,297.00

329,904.00

248,170.00

329,076.00
8,721.00
337,797.00

390,117.00
8,936.00
399,053.00

360,297.00
7,998.00
368,295.00

329,904.00
6,192.00
336,096.00

248,170.00
3,052.00
251,222.00

255,998.00

329,313.00

306,127.00

274,814.00

193,234.00

7,134.00

524.00

502.00

1,441.00

1,464.00

19,693.00

16,584.00

13,223.00

10,307.00

8,245.00

1,943.00

412.00

-3,317.00

-872.00

-3,243.00

3,686.00

3,370.00

3,354.00

2,862.00

2,624.00

2,367.00

3,206.00

3,036.00

2,667.00

2,328.00

8,488.00

8,789.00

9,465.00

11,394.00

13,608.00

10,593.00

9,037.00

9,621.00

7,733.00

7,720.00

1,573.00

0.00

0.00

0.00

0.00

308,329.00
Mar 15

371,235.00
Mar 14

342,011.00
Mar 13

310,346.00
Mar 12

225,980.00
Mar 11

12 mths

12 mths

12 mths

12 mths

12 mths

27,818.00

26,284.00

25,750.00

25,242.00

27,818.00

26,284.00

25,750.00

25,242.00

5,812.00
22.00
5,834.00

5,244.00
37.00
5,281.00

5,150.00
560.00
5,710.00

4,320.00
636.00
4,956.00

21,984.00

21,003.00

20,040.00

20,286.00

21,984.00

21,003.00

20,040.00

20,286.00

21,984.00

21,003.00

20,040.00

20,286.00

Mar 14

Mar 13

Mar 12

Mar 11

12 mths

12 mths

12 mths

12 mths

Profit/Loss Before
Exceptional,
29,468.00
ExtraOrdinary Items And
Tax
Profit/Loss Before Tax
29,468.00
Tax Expenses-Continued Operations
Current Tax
6,124.00
Deferred Tax
625.00
Total Tax Expenses
6,749.00
Profit/Loss After Tax And
Before ExtraOrdinary
22,719.00
Items
Profit/Loss From
22,719.00
Continuing Operations
Profit/Loss For The
22,719.00
Period
Mar 15
12 mths

OTHER ADDITIONAL INFORMATION

EARNINGS PER SHARE
Basic EPS (Rs.)
70.25
Diluted EPS (Rs.)
70.25
VALUE OF IMPORTED AND
INDIGENIOUS RAW MATERIALS
Imported Raw Materials
232,867.00
Indigenous Raw Materials
23,131.00
STORES, SPARES AND LOOSE
TOOLS
Imported Stores And
2,176.00
Spares
Indigenous Stores And
2,526.00
Spares
DIVIDEND AND DIVIDEND
PERCENTAGE
Equity Share Dividend
2,944.00
Tax On Dividend
615.00
Equity Dividend Rate (%)
100.00

Source : Dion Global Solutions Limited

68.05
68.05

64.82
64.82

61.21
61.21

62.00
62.00

295,338.00
33,975.00

277,824.00
28,303.00

251,583.00
23,231.00

177,226.00
16,008.00

1,843.00

1,725.00

1,816.00

1,724.00

2,603.00

2,074.00

1,666.00

1,654.00

2,793.00
475.00
95.00

2,628.00
447.00
90.00

2,531.00
410.00
85.00

2,385.00
387.00
80.00

Personal policy

Products & operation

Products:

Electricity

Operations:

The company's petrochemicals, refining, and oil and gas-related operations form the
core of its business; other divisions of the company include cloth, retail business,
telecommunications and special economic zone (SEZ) development. In 201213, it
earned 76% of its revenue from Refining, 19% from Petrochemicals, 2% from Oil & Gas
and 3% from Other segments.

In July 2012, RIL informed that it was going to invest US$1 billion over the next few
years in its new aerospace division which will design, develop, manufacture, equipment

and components, including airframe, engine, radars, avionics and accessories for
military and civilian aircraft, helicopters, unmanned airborne vehicles and aerostats.

Service
Generation of power
Designing, engineering, erection, installation and maintenance of power
projects
Transmission of power
Distribution of power
Engineering, Procurement and Construction contracts
Infrastructure projects

Layout & quality control

Marketing

Market Cap (Rs Cr.)

13,189

EPS - TTM (Rs)

72.12

P/E Ratio (x)

6.95

Face Value (Rs)

10.00

Latest Div. (%)

73.00

Div. Yield (%)

1.45

Book Value / sh. (Rs)

705.00

P/B Ratio (x)

0.71

Reliance Infrastructure- Future & Options Quote

Futures
30-082012

Open
price

Option
type

511.15

High price 515.00

Low price

500.10

Prev. close 505.15

Strike
price

GO
502.55

-2.60 (-o.51%)

Average
price

506.90

Contracts
traded

7931

Turnover
(rs lakh)

2, 0101

Open
interest

433,
5500

Open
chg

int. 10,
8500

Open
int. 0.57%
chg (%)

Industry Competitors: Power - Generation/Distribution

SYMBOL

PRICE

% CHANGE

VOLUME

Neyveli
Lignite
Corporation Ltd.

80.50

1.22%

40746

Adani Power Ltd.

40.90

2.15%

235917

SJVN Ltd.

20.80

0.23%

197111

Jaiprakash Power 31.45

Ventures Ltd.

1.41%

69637

JSW Energy Ltd.

48.15

1.23%

136342

Torrent Power Ltd.

152.90

0.87%

18730

CESC Ltd.

321.00

0.72%

30911

NHPC Ltd.

18.30

0.27%

1261243

India bulls Power 11.58

Ltd.

1.78%

175685

Tata

0.75%

225368

Power 99.45

Company Ltd.

Reliance
Ltd.

Power 84.20

1.52%

1796500

Strength & Weakness

Strengths
Large size of the group.
Experience of complete cycle of transmission lines from erection to
maintenance.
Strong human resource development programmes.
Proactive approach towards implementation of new technologies such as
GIS.

Threats
Delays in project execution due to delays in obtaining statutory clearances
from various authorities such as MCGM, MMRDA, etc.
Shrinking ROWs, space constraints.
Delay in land acquisition and spiraling land prices.
Weakness
Non-availability of quality manpower given the projects size.
Dependency on central groups for some processes.

Opportunities

 Large scale commercial and residential projects coming up leading to

increase in the demand.
Leveraging on organizations skill-sets, capabilities and knowledge database
for external/ other utilities activities.

Spend policy

The importance of a business' role in creating economic value is a

well-accepted paradigm. However, the extended role of the business
to manage its environmental and social impacts is gaining momentum.
Among Indian corporates, RIL is one of the forerunner of inclusive
growth with its deep rooted philosophy of growth as a universal
concept that touches all aspects of life. The Company's vision is to
create value for the nation, enhance quality of life across the entire
socioeconomic spectrum, and help spearhead India as a global leader
in the domains where it operates. This manifests in the Company's
core values; Customer Value, Ownership Mindset, Respect, Integrity,
One Team and Excellence.
Businesses should conduct and govern themselves with Ethics,
Transparency and Accountability.
Businesses should provide goods and services that are safe and
contribute to sustainability throughout their life cycle.
Businesses should promote the wellbeing of all employees

 Businesses

should respect the interests of, and be

responsive towards all stakeholders, especially those who

are disadvantaged, vulnerable and marginalized.
Businesses should respect and promote human rights.
Businesses should respect and promote human rights.
Businesses, when engaged in influencing public and

regulatory policy, should do so in a responsible manner.

Businesses should support inclusive growth and equitable

development.
Businesses should engage with and provide value to their

customers and consumers in a responsible manner.

Name (Boards of Director)

Shri Mukesh D. Ambani

Chairman and Managing Director

Shri P. M. S. Prasad

Dr. Dharam Vir Kapur

Executive Director

Independent Director

Shri Ramniklal H. Ambani

Prof. Dipak C. Jain
Independent Director

Non-Executive Non-Independent
Director

Shri Mansingh L. Bhakta

Shri Nikhil R. Meswani
Executive Director

Independent Director

Executive Director

Shri Yogendra P. Trivedi

Independent Director
Prof. Ashok Misra
Independent Director

Shri Mahesh P. Modi

Dr. Raghunath A. Mashelkar

Independent Director

Independent Director

Shri Hital R. Meswani

Shri Adil Zainulbhai

Chapter 2: METHODOLOGY
2.1 Topic
2.2 The Study and Its Objectives
2.3 The Sample
2.4 The tools
2.4.1 For Data Collection
2.4.2 For Data Analysis
Chapter 3 RESULT AND DISCUSSION
Chapter 4: IMPLICATION & SUGGESTIONS
Chapter 6: CONCLUSION
References
Annexure