Company Intelligence: Reliance Industries

Reliance Industries | Strategy and Financial Highlights Information from ICIS

Edited from: "Letter to shareholders", Annual Report 2007-08 and company website

Reliance Industries (RIL) is entering fiscal 2008-09 with the clear message that while its
growth is “planned and focused”, it is also “spontaneous and self-energising”. In
addition, the company states that it is “on the path to improving its global ranking” in
polymers by building “extremely competitive” new assets in India.

“Our outlook for the future continues to be optimistic. It is driven by the fact that the
fulcrum of economic growth is shifting to Asia, propelled primarily by the unprecedented
growth paradigm of the two most populous countries in the world, India and China”, says
chairman and managing director Mukesh Ambani.

RIL's strategy includes:

Building and sustaining leadership position across its product categories in the domestic
markets;

Pursuing attractive export opportunities;

Implementing vertical integration;

Improving its technology;

Achieving economies of scale;

Focusing on prudent financial management; and

Investing in high growth opportunities.

In the petrochemical and refining business, RIL's strategy is to:

Strive for global leadership and to be amongst the lowest cost producers worldwide;

Continue to invest in research, quality, safety and the environment; and

Pursue inorganic growth opportunities, which are strategic to its intents and will have the
potential to create greater value for its shareholders.

Looking ahead, RIL will make strategic decisions with regard to its "emerging"
businesses, these include:

Identifying new businesses with high growth potential;

Investing in businesses that can scale rapidly and generate returns over an extendable
period of time; and

Aspire to be the lowest cost manufacturer/service provider, which it believes will result in
RIL gaining "dominant market leadership".

ICIS Chemical Business magazine has unveiled the ICIS Top 100 Chemical Companies,
with rankings based on 2008 sales.

A PDF of the ICIS Top 100 Chemical Companies is available for download on ICIS
connect.

See the article and analysis of the ICIS Top 100 on ICIS news.

Financial highlights: RIL, year ended 31 March

2009
2008
2007
2006
2005
Net Profit (Yen m)
15,279
19,458
11,943
9,069
7,572

Total Assets (Yen m)

--
149,792
117,353
93,095
80,568

Diluted earnings per share (Yen)

101.00
133.90
82.20
65.10
54.20

Number of Employees
--
25,487
24,696
12,540
12,113

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Reliance Industries Company Structure

Reliance Industries (RIL) claims to be India's largest private sector enterprise. It is a

major player in the Indian petrochemicals sector. Reliance's operations capture value
addition at every stage from producing crude oil and gas to polyester and polymer
products and are vertically integrated to the production of textiles. On 5 September 2007,
Reliance Industries Limited (RIL) and Indian Petrochemicals Corporation Limited
(IPCL) merged together. The merger proposal between RIL and IPCL was first
announced on 10 March 2007.
More about Reliance Industries Structure
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