Saturday, June 4, 2011

Highlights of RIL AGM 3rd June 2011

Highlights of RIL AGM
  • RIL’s enterprise value currently stands at USD 75 billion.
  • Reliance to become debt free in Fy-12.
  • RIL's free cash at Rs 42,393 crore.
  • The company posted its highest ever net profit of Rs. 20,286 crore in FY11.
  • RIL has grown at 28% year on year in terms of revenue over the past 33 years since its IPO.
  • The company's profit and market capitalization have grown by 33% on an average every year.
  • Proposed dividend payout of 80%, highest among Indian firms.
  • Polyester capacity to be hiked to 3.6 million tonne.
  • To set up 15 million tonne per annum gas cracker plant at Jamnagar
  • The company's exports rose 33% and more than half of the turnover of the company came from exports.
  • Exports now accounts for 57% of total turnover.
  • RIL is single largest investor in upstream space.
  • Fibre businesses Recron’s turnover crossed USD 1 billion mark first time last year.
  • KG-D6 has supplied 1.2 trillion cubic feet of gas since production began.
  • Reliance Retail soon to launch cash-and-carry format, RIL plans aggressive investments in retail.
  • RIL to create end-to-end solutions in digital services will create national broadband infra.
  • Reliance Broadband wireless services to focus on education, healthcare, entertainment, financial services and government-citizen interface
Significant contribution to India's economic growth
  • 13.4 % of India’s total exports.
  • 6.9 % of the Government of India’s indirect tax revenues.
  • 4.8 % of the total market capitalisation in India.
  • Weightage of 11.9 % in the BSE Sensex.
  • Weightage of 10.1 % in the S&P CNX Nifty Index.

Growing importance across the globe
  • Largest refining capacity at any single location.
  • Largest producer of Polyester Fibre and Yarn.
  • 5th largest producer of Paraxylene (PX) and Polypropylene (PP).
  • 8th Largest producer of Purified Terephthalic Acid (PTA) and Mono Ethylene Glycol (MEG).