The Reliance Group, founded by Dhirubhai H. Ambani , is India's largest private sector enterprise, with businesses in the energy and materials value chain. The flagship company, Reliance Industries Limited, is a Fortune Global 500 company and is the largest private sector company in India.
Dhirubhai Ambani founded Reliance as a textile company and led its evolution as a global leader in the materials and energy value chain businesses. It was in 1957 when he returned to India after a stint with A.Besse& Co., Aden he started yarn trading business from a small 500 sq.ft. office in Masjid Bunder, Mumbai.he set up his brand new mill in Naroda, Gujarat. In 1996 Reliance went on to become the biggest textile brand ‘Only Vimal’. In 1977 the Reliance Textile Industries came with an IPO which was oversubscribed seven times.
Reliance enjoys global leadership in its businesses, being the largest polyester yarn and fibre producer in the world and among the top five to ten producers in the world in major petrochemical products.
Starting as a small textile company, Reliance has in its journey crossed several milestones to become a Fortune 500 company in less than 3 decades.
Reliance Industries Limited operates world-class manufacturing facilities across the country at Allahabad, Barabanki, Dahej, Dhenkanal, Hazira, Hoshiarpur, Jamnagar, Kurkumbh, Nagothane, Nagpur, Naroda, Patalganga, Silvassa and Vadodara.
Allahabad Manufacturing Division located in Allahabad, Uttar Pradesh, is spread over 105 acres. It is equipped with polymerization and continuous polymerization facilities.
Barabanki Manufacturing Division located near Lucknow, Uttar Pradesh, is spread over 106 acres. It manufactures Black Fibre.
Dahej Manufacturing Division located near Bharuch, Gujarat, is spread over 1,778 acres. It comprises of an ethane / propane recovery unit, a gas cracker, a caustic chlorine plant and 4 downstream plants, which manufacture polymers and fibre intermediates.
Dhenkanal Manufacturing Division located in Baulpur, Orissa, is spread over 227 acres. It manufactures polyester staple fibre.
Hoshiarpur Manufacturing Division located in Hoshiarpur, Punjab, is spread over 69 acres. It manufactures a wide range of PSF, PFF, POY and polyester chips.
Hazira Manufacturing Division located near Surat, Gujarat, is spread over 700 acres. It comprises of a Naptha cracker feeding downstream fibre intermediates, plastics and polyester plants.
Jamnagar Manufacturing Division located in Jamnagar, Gujarat, is spread over 7,400 acres. It comprises of a petroleum refinery and associated petrochemical plants. The refinery is equipped to refine various types of crude oil (sour crude, sweet crude or a mixture of both) and manufactures various grades of fuel from motor gasoline to Aviation Turbine Fuel (ATF). The petrochemicals plants produces plastics and fibre intermediates.
Kurkumbh Manufacturing Division located near Pune, Maharashtra, is spread over 34 acres. It manufactures fibre intermediates.
Nagothane Manufacturing Division located in Raigad, Maharashtra, is spread over 1,860 acres. It comprises of an ethane and propane gas cracker and five downstream plants for the manufacture of polymers, fibre intermediates and chemicals.
Nagpur Manufacturing Division located in Nagpur, Maharashtra, is spread over 368 acres. It manufactures polyester filament yarn, dope-dyed specialty products of different ranges, fully drawn yarn and polyester chips.
Naroda Manufacturing Division located near Ahmedabad, Gujarat, is RIL’s first manufacturing facility and is spread over 150 acres. This synthetic textiles and fabrics manufacturing facility manufactures and markets woven and knitted fabrics for home textiles, synthetic and worsted suiting and shirting, ready to wear garments and automotive fabrics.
Patalganga Manufacturing Division located near Mumbai, Maharashtra, is spread over 200 acres. It comprises of polyester, fibre intermediates and linear alklyl benzene manufacturing plants.
Silvassa Manufacturing Division located in the Union Territory of Dadra and Nagar Haveli, is spread over 127 acres. It manufactures a wide range of specialty products such as Recron Stretch, Linen Like, Melange, Thick-n-thin and Bi-shrinkage yarns.
Vadodara Manufacturing Division located in Vadodara, Gujarat, is spread over 1,263 acres. It comprises of a Naptha cracker and 15 downstream plants for the manufacture of polymers, fibres, fibre intermediates and chemicals.
The company works under different business segments:
Products and brands offered by the company:
2012 •RIL’s Revenues for FY 2011-12 were Rs. 339,792 crore ($ 66.8 billion), Net Profit was Rs. 20,040 crore ($ 3.9 billion), Networth was Rs. 166,096 crore and Total Assets were Rs. 295,140 crore, unparalleled in the Indian Private Sector.•Exports for FY 2011-12 were Rs. 208,042 crore ($ 40.9 billion), 14% of India’s total exports.•RIL declared Dividend of 85%. Payout of Rs. 2,941 crore, one of the highest in the Indian Private Sector.•Reliance Holding USA Inc., a wholly-owned subsidiary of RIL raised $ 1.0 billion through the issuance of 5.4%, 10-year Guaranteed Senior Notes in February 2012.
2011 - Revenue crossed Rs. 2,50,000 crore mark (Rs. 2,58,651 crore, US$ 58.0 billion), Net Profit crossed Rs. 20,000 crore mark (Rs. 20,286 crore, US$ 4.5 billion) and Total Assets crossed Rs. 2,80,000 crore mark (Rs. 2,84,719 crore, US$ 63.8 billion), unparalleled in the Indian Private sector.
Exports crossed Rs. 1,40,000 crore mark (Rs. 1,46,667 crore, US$ 32.9 billion), 13.4% of India's total exports.
RIL declares Dividend of 80%. Payout of Rs 2,385 Crore, one of the highest in the Indian Private Sector.
2010 - Revenue crossed Rs. 2,00,000 crore mark (Rs. 2,00,400 crore, US$ 44.6 billion), Net Profit crossed Rs. 16,000 crore mark (Rs. 16,236 crore, US$ 3.6 billion) and Total Assets crossed Rs. 2,50,000 crore mark (Rs. 2,51,006 crore, US$ 55.9 billion), unparalleled in the Indian Private sector.
Exports crossed Rs. 1,00,000 crore mark (Rs. 1,10,176 crore, US$ 24.5 billion), 14.5% of India's total exports.
RIL declares Dividend of 70%. Payout of Rs 2,084 Crore, one of the highest in the Indian Private Sector.
2009 - Total Assets crossed Rs. 2,00,000 crore mark (Rs. 2,45,706 crore, US$ 48.44 billion), Networth crossed Rs. 1,00,000 crore mark (Rs. 1,26,373 crore, US$ 24.92 billion), unparalleled in the Indian Private sector.
RIL declares Dividend of 130%. Payout of Rs 1,897 Crore, one of the highest in the Indian Private Sector.
2008 - Revenue crossed Rs. 130,000 crore mark (Rs. 139,269 crore, US$ 34.7 billion), Net Profit crossed Rs. 15,000 crore mark (Rs. 19,458 crore, US$ 4.9 billion) and Total Assets crossed Rs. 140,000 crore mark (Rs. 149,839crore, US$ 37.3 billion), unparalleled in the Indian Private sector.
Exports crossed Rs. 80,000 crore mark (Rs. 83,492 crore, US$ 20.8 billion), 13.4% of India's total exports.
RIL declares Dividend of 130%. Payout of Rs 1,631 Crore, highest in the Indian Private Sector.
2007 - Revenue crossed Rs. 100,000 crore mark (Rs. 118,354 crore, US$ 27 billion), Net Profit crossed Rs. 10,000 crore mark (Rs. 11,943 crore, US$ 2.75 billion) and Total Assets crossed Rs. 100,000 crore mark (Rs. 117,353 crore, US$ 27 billion), unparalleled in the Indian Private sector.
Exports crossed Rs. 60,000 crore mark (Rs. 66,627 crore, US$ 15 billion), 12% of India's total exports.
RIL declares Dividend of 110%. Payout of Rs 1,440 Crore, highest in the Indian Private Sector.
2006 - RIL places $300 million in US Private Placement Market. First ever Indian company to raise money through this route.
RIL declares Dividend of 100%. Payout of Rs 1,393 Crore, Highest In Private Sector.
RPL a subsidary of RIL completes its US$ 1.2 billion Initial Public Offering of equity shares with an overwhelming response across different classes of investors. Chevron to Purchase 5% Stake in RPL for $300 Million. Option to Increase Stake to 29%.
2005 - Launches US $348 Million Syndicated Term Loan Facility. Aims To Replace Existing High Cost Loans.
Reliance Successfully Closes US$ 350 Million Multi Currency Term Loan.
2004 - Reliance signs EUR 116.2 million Export Credit Agency (ECA) backed Buyer's Credit Facility provided by Deutsche Bank. RIL avails an ECA cover for the first time in 22 years.
Reliance emerges as India's Greenest private sector company amongst the private sector with an overall rank of number two in a BT - ACNielsen ORG-MARG survey of shareholder perception published in Business Today's October issue.
Reliance Industries concludes re-pricing of $687.50 million Syndicated Term Loan facilities.
Reliance Group emerges as India's Largest Wealth Creator in the private sector for the Year 2003-04.
2003 - RIL - First Indian private sector company to record net profit of over Rs 4,000 crore in one financial year.
2002 - RIL - First Indian private sector company to record Net Profit of over Rs. 1,000 crores in one quarter.
Reliance among ten most creditworthy companies in Asia.
Reliance Completes Acquisition of IPCL.
2001 - RPL raises $750 million syndicated loan - deal named capital market deal of the year by IFR Asia.
Group revenues cross Rs. 60,000 crore (Rs. 60,160 crores), Reliance becomes largest business group in India.
RIL and RPL become India's two largest companies in terms of all major financial parameters.
2000 - Group profits cross Rs. 2,500 crore mark, Revenues cross Rs. 20,000 crore mark (Rs. 21,541 crores) and Total assets cross Rs. 50,000 crore (Rs. 52,094 crores).
1998 - Total Assets cross Rs. 35,000 crore (Rs. 35,445 crore) and Revenues cross Rs. 14,000 crore (Rs. 14,115 crore).
1997 - First corporate in Asia to issue 50 and 100 years bond in US debt market.
1996 - Reliance became the first private sector company to be rated by international credit rating agencies. S&P rated BB+, stable outlook, constrained by the Sovereign Ceiling. Moody's rated Baa3, Investment grade, constrained by the Sovereign Ceilings.
Net profit crossed the Rs.1,000 crore mark (Rs 1,065 crores or US$ 338 million), unparalleled in the Indian Private sector.
1994 - Offered the second Euro issue of GDR.
1993 - India's largest public offering - Reliance Petroleum Issue.
Offered the first Euro Convertible bond issue
1992 - Set a record with Reliance Twin issues that received over 1 million investor applications.
Offered the first ever Euro Issue of Global Depository Receipts by an Indian company
1991 - Reliance commissioned phase-I of Hazira Petrochemicals Complex - consolidated its position in polyesters and entered into attractive polymers business - started VCM and PVC plants.
1988 - Sales cross Rs. 1,000 crores mark (Sales for the year Rs. 1,778 crores).
1987 - Reliance commenced the Linear Alkyl Benzene (LAB) plant at Patalganga.
1986 - Reliance started PTA plant at Patalganga.
Reliance commissioned Polyester Staple Fibre (PSF) plant at Patalganga.
1985 - Total Assets cross Rs. 1,000 crores.
1977 - First IPO to the Indian Public.
Corporate Ranking and Ratings:
Health, Safety and Environment
Energy and Water Conservation / Efficiency:
Technology, Patents, R&D and Innovation:
•Reliance Jio and Bharti signed agreement under which Reliance Jio will utilize dedicated fiber pair on Bharti's i2i submarine cable that connects India and Singapore. The i2i cable system will provide Reliance Jio direct access and ultra-fast connectivity to major hubs across Asia Pacific. •RIL and its partners announced a significant gas and condensate discovery (MJ-1 discovery) in the KG-D6 block off eastern coast of India. •S&P upgraded the long-term corporate credit rating on Reliance to 'BBB+' from 'BBB', one of the highest ratings by S&P for an Indian corporate and the highest rating by S&P for an Indian Oil & Gas company. The new rating is two notches above the rating for the Indian sovereign. •Reliance Jio and Reliance Communications signed agreement for sharing of RCom's nationwide telecom towers infrastructure. •RIL-BP announced a new gas condensate discovery off the east coast of India in the deepwater block CY-DWN-2001/2 (CY-D5) in the Cauvery basin. •Reliance Jio received Unified License for all 22 Service Areas across India and becomes the first telecom operator in the country to get pan India Unified License. •Reliance Jio acquired spectrum in 14 key circles across India in the 1800 MHz band in the spectrum auction conducted by DoT, Government of India.
•RIL signed a US$ 2 billion equivalent loan with nine banks covered by Euler Hermes Deutschland AG. The loan will be primarily used to finance goods and services procured from German suppliers as part of RIL's petrochemicals expansion projects at Jamnagar, Hazira, Silvassa and Dahej in India. •The Global Reporting Initiative (GRI) awarded A+ level to RIL's Sustainability Report 2011-12. This is the seventh year in a row RIL has received highest application level on sustainability reporting. RIL is also the first company to adhere to the GRI 3.1 Oil & Gas Sector Supplement, released in February 2012. •RIL and the Venezuelan state oil company, Petroleos de Venezuela, SA (PDVSA) signed a 15 year heavy crude oil supply contract and a Memorandum of Understanding (MoU) with PDVSA to further development of Venezuelan heavy oil fields. PDVSA will supply between 300,000 and 400,000 barrels per day of Venezuelan heavy crude oil to RIL's two refineries in Jamnagar under a 15-year crude oil supply contract.