REVIEW OF OPERATIONS

Petroleum refining and marketing (R&M) is an integral part of Reliance’s drive for growth and global leadership in the core energy and materials value chain.

ACHIEVEMENTS

US$ 19.5 billion

Total exports of refined products

1,221

Fuel outlets
operational

US$ 11.0/bbl

Refining margins - 8 year
high

240

KL/month/outlet
Industry leading throughput

The petcoke gasification project to achieve sustainable long-term energy cost reduction

US$5.2/bbl

Premium over Singapore benchmark, significantly above five-year average

65

Different crude grades processed during the year

425 flights

Refueled daily with presence in 25 airports

21%

y-o-y increase in ATF throughput handled by Reliance aviation

PERFORMANCE IN FY 2016-17

RECORD EBIT

`25,056
CRORE


6.5% y-o-y



 

REGIONAL V/S RIL REFINING MARGINS (US$/bbl)

STRATEGIC ADVANTAGES


REFINERY CONFIGURATION

Largest and most complex refining assets at a single location.

CRUDE SELECTION AND SOURCING

Refinery configuration and logistics infrastructure availability allow crude portfolio optimisation with changing market dynamics.

CONTINUOUS INNOVATION

Improved capability to produce BS VI gasoline specifications in DTA refinery.

OPERATIONAL EXCELLENCE

Maintain the highest safety standards with continuous efforts.

LOGISTICS AND SUPPLY-CHAIN

State-of-the-art logistics infrastructure to support the largest refining hub.

MARKET ACCESS AND RESPONSIVENESS

Global outreach with trading offices and tankages at key locations.

ENERGY INDEPENDENCE

Gasification projects to make Jamnagar Complex highly energy efficient.

RIL offers an extensive range of polymers, polyesters, fibre intermediates, aromatics and elastomers providing world-class experience to Reliance’s customers across a range of applications – packaging, infrastructure, agriculture, automotive, housing, and healthcare among others.

ACHIEVEMENTS

2nd

largest Paraxylene producer globally after successfully commissioning the Paraxylene plant at Jamnagar

24.9 MMT

Overall Petrochemicals production in India

14%

EBIT margin - a 5-year high

Refinery Off Gas Cracker Project (ROGC) and downstream projects completed installation, pre-commissioning and startup activities ongoing

Commissioned world’s largest and most complex Ethane project with all six very large ethane carriers (VLECs) delivered and operational

33%

Domestic polymer market share

36%

Domestic polyester market share

PERFORMANCE IN FY 2016-17

RECORD EBIT

`12,990
CRORE


27.5% y-o-y



 

OVERALL PETROCHEMICAL PRODUCTION IN INDIA(MMT)

0.8% y-o-y




TRANSFORMING LIFE INTO QUALITY LIFE - ‘CHEMISTRY FOR SMILES’

Reliance endeavours to partner with its customers in developing products and services that bring smiles on the faces of end-consumers and adds value to life

STRATEGIC ADVANTAGES


GLOBAL SCALE

Leading producer of petrochemicals with global scale and capacities. Reliance is the first Company globally to conceptualise and excecute large scale imports of Ethane from North America as feed stock for its cracker portfolio in India through Very Large Ethane Carriers (VLECs).

INTEGRATION

Integration between refining and downstream products mitigate the impact of price volatility.

LEADERSHIP

Technology leadership, cost efficiencies and responsible operational practices.

With a portfolio consisting of onshore and offshore blocks in India (including CBM) as well as acreage in US Shale plays, RIL is one of the largest exploration and production players in India.

ACHIEVEMENTS

174.0 BCFe

RIL’s share of production (CY 2016) in US shale operations

1,088

Shale gas producing wells at the end of CY 2016

~1.07 BCFe/day

Average gross US shale JV production

CBM Project
Commenced Commercial production from block in Sohagpur (West)

95.0 BCFe

RIL’s share of production in India

KG D6 JV production at 101.1 BCF Gas and 1.25 MMBBL Oil and condensates

Shahdol-Phulpur pipeline connecting CBM field to India gas grid

PERFORMANCE IN FY 2016-17

EBIT

(`1,584)
CRORE


STRATEGIC ADVANTAGES


MATERIALITY IN UNCONVENTIONAL HYDROCARBON BUSINESS

CBM block in Sohagpur (Madhya Pradesh) commissioned.

SIGNIFICANT INFRASTRUCTURE ON THE EAST COAST

KG D6 fields commissioned in 2008 are India’s only producing green-field Deepwater oil and gas production facility.

SAFETY

Safety record amongst the best in the world.

PARTNERSHIPS

Partnership with BP combining RIL’s project execution expertise and BP’s deep water exploration and development capabilities. Strong partners in US Shale JVs.

Reliance Retail’s nationwide network of retail outlets delivers a world-class shopping environment and unmatched customer experience powered by state-of-the-art technology and seamless supply-chain infrastructure.

ACHIEVEMENTS

Reach

>3.6 mn

customers served every week

702

cities

30 mn

Loyalty customer base

Scale

3,616

Retail stores

13.5

mn sq. ft. retail space

>1.7 mn

Garments sold every week

>20%

Market share in UHD TVs

>75,000

People employed directly & indirectly

>500,000

Distribution partners for communication and connectivity devices

Over US$ 5 billion in Revenue

India’s first and the only retailer to cross US$ 5 billion revenue mark and continues to grow at a rapid pace.

Infrastructure

5.6

mn sq. ft. of warehousing space

>100

Distribution Centres across 23 states

>1,000

Dedicated trucks hauling merchandise between distribution centres and stores

PERFORMANCE IN FY 2016-17

RECORD EBIT

`784
CRORE


55.6% y-o-y


REVENUE

`33,765
CRORE

FIVE-YEAR CAGR OF 35%

START-UP AND INITIATIVES

  • Ajio extends its offering by launching men’s wear, fashion tech and kid’s wear categories and rolled out various features such as Immediate Mobile Payment (IMPS), EMI, automated refunds and more to enhance consumer experience.
  • Reliance Retail becomes India’s first organised retailer to support UPI based payments at its stores.
  • Reliance Retail continues to strengthen its portfolio of international brands. Enters into partnership with Flormar, Bally and Scotch & Soda.

10 YEARS OF EXPONENTIAL GROWTH

2006

Reliance Retail opens its first Reliance Fresh store in Hyderabad

2007

Launches Reliance Digital, a consumer electronics retail chain

2008

Opens its first fashion & lifestyle store under Reliance Trends and Reliance Footprint brands

2010

  • Crosses 1,000 stores mark
  • Announces partnerships with Zegna, Quiksilver and Steve Madden

2011

  • Achieves US$ 1 billion revenue mark
  • Launches Reliance Market, a cash & carry store chain

2012

Announces partnerships with Iconix, Kenneth Cole, Thomas Pink and Brooks Brothers

2013

Achieves EBITDA breakeven

2014

Becomes the largest retailer in India

2016

Launch of multichannel initiatives, www.ajio.com www.Footprint360.com

2017

Achieves US$ 5 billion revenue mark

Jio has brought a transformative shift in Indian telecom landscape with commencement of its services in September 2016.

Jio has redefined the Indian telecom sector by offering a compelling value proposition for data, while eliminating voice and national roaming charges.

Jio's key objective is to provide uninterrupted access to innovative applications and high-speed internet. Jio is committed to India's global leadership in digital economy.

ACHIEVEMENTS

World's Largest

4G LTE Network

269.2 MHz

acquired across different spectrum bands in FY 2016-17 for `13,672 crore

Reliance Jio received the award for Social & Economic Development: Best Mobile Innovation for Emerging Markets at the Mobile World Congress 2017

1,108 MHz

Total spectrum footprint (uplink + downlink) across three spectrum bands

Over 1 Exabyte

of mobile traffic per month

Jio network speed and coverage is consistently ranked the best as validated by TRAI's MySpeed app

JIO IMPACT

Over 100 mn
SUBSCRIBERS IN 170 DAYS


WORLD'S LARGEST MIGRATION FROM FREE TO PAID SERVICES

72 MILLION+ SUBSCRIBERS




 

INDIA - NO.1 IN DATA CONSUMPTION

Data consumption on Jio network is higher than the total mobile data consumption in the US and twice that in China

EMPLOYMENT GENERATION

50
lakhs and more

INDIA LEAP FROGGED INTO THE GLOBAL DIGITAL LEADERSHIP LEAGUE

STRATEGIC ADVANTAGES


COVERAGE

Jio is working towards expanding its reach to over 95% of population coverage by the end of the year. This is backed by one of the largest deployment of spectrum, fiber and tower infrastructure, thus providing huge capacity advantage.

QUALITY

Investment in superior Long Term Evolution (LTE) technology based network and next generation technologies.

AFFORDABILITY

Developed its network at an efficient cost base enabling services at affordable price-passing the benefit of technology to Indian consumers.

Network18 is one of India’s leading Media and Entertainment (M&E) players, with a presence across several businesses including television broadcasting, movie production and distribution, digital content and commerce, print magazines and allied media services.

ACHIEVEMENTS

TV18 extended the licensing arrangement with CNBC

Asia to use the CNBC brand & content until 31st March, 2028 for the business news genre.

86%

market share garnered during the live coverage and analysis of the Union

Budget in February 2017 on flagship business news channel CNBC TV18

IBN Lokmat
once again honoured with the prestigious 'Ramnath Goenka Excellence in Journalism Awards'.

Viacom18 Motion Pictures produced and released films 'Force 2' , 'Motu Patlu – King of Kings'. Paramount’s 'Jack Reacher 2' was also distributed successfully.

Firstpost pioneered a four-hour live digicast
– an amalgamation of broadcast television, web streaming and Facebook Live – of the May assembly election results

Viewership share of Regional News cluster more than doubled from 1.8% to 4% by March 2017.

PERFORMANCE IN FY 2016-17

EBIT

(`201) CRORE


SUBSTANTIAL INVESTMENTS INTO NEW INITIATIVES

Growth Driver

  • 4G rapidly gaining acceptance- Amplifies reach
  • Rural and Digital coverage through Broadcast Audience Research Council (BARC)
  • Supportive policy initiatives




 

START-UP AND INITIATIVES

  • Viacom18 launched its second regional entertainment channel in the Kannada market branded as Colors Super in July 2016 to further strengthen its leadership position.
  • Three regional news channels namely News18 Kerala, News18 Tamil Nadu and News18 Assam/N.E were launched during the first quarter.
  • OTT entertainment platform “VOOT” (launched in March-April 2016) has garnered about 25 mn gross downloads, and was voted one of the top Apps of 2016 on the Google Play Store.
  • CNN-IBN and IBN7 unveiled a new brand identity, logo and tagline along with a refreshed on-air look as 'CNN New18' and 'News18 India' respectively.
  • News18.com and Firstpost umbrella brands were expanded into Hindi: Firstpost Hindi was launched, and Hindi news portal khabar.ibnlive.in.com was rebranded to hindi.news18.com.

CORPORATE SOCIAL RESPONSIBILITY


PROGRAMMES

  • Where is my Home? (Highlighting issues of home-buyers affected by project delays)
  • Going Green (environmental problems)
  • March on Women! (Issues related to Women in India)

STRATEGIC ADVANTAGES


FOOTPRINT

Diversified play on media across TV, Digital & Print

STRONG PRESENCE IN REGIONAL

Tapping into the vernacular opportunity

INNOVATION AND AGILITY

Early adopter of technology, including customer analytics

BALANCED PORTFOLIO

Unique mix of content across news and entertainment

INTERNATIONAL COLLABORATION

Cross-fertilisation of best practices