Project Report

on
Financial Statement Analysis of
Reliance Industries Limited

By
Anita Sharma (MBA-1st Sem)
Roll No. 16613
 Introduction
• Founded in 1966
• Founder- Dhirubhai Ambani
• Headquarters-Mumbai, Maharashtra, India
• Key people -Mukesh Ambani
• Products- Crude oil, Natural gas,
Petrochemicals, Petroleum, Polyester, textiles,
Retail.
 Vision

• Through sustainable measures, create value for the

nation.

• Enhance quality of life across the entire socioeconomic

spectrum .

• Help India to become a global leader in the domains

where it operates.
 Mission
• Create value for all stakeholders
• Grow through innovation
• Lead in good governance practices
• Use sustainability to drive product
development
• Enhance operational efficiencies
• Ensure energy security of the nation
• Foster rural prosperity
 Balance Sheet
as at 31st March, 2018
(Rs. In Cr.)

As at As at
31st March, 2018 31st March, 2017

ASSETS
Non-current Assets

Property, Plant and Equipment 1,91,879 1,45,486

Capital Work-in-Progress 92,581 1,28,283

Intangible Assets 9,085 9,092

Intangible Assets Under 6,902 4,458

Development

Financial Assets
Investments 1,71,945 1,40,544
Loans 17,699 10,418
Other Non-current Assets 3,522 2,184

Total Non-Current Assets 4,93,613 4,40,465

Current Assets
Inventories 39,568 34,018
Financial Assets
Investments 53,277 51,906
Trade Receivables 10,460 5,472

Cash and Cash 2,731 1,754

Equivalents
Loans 3,533 4,900
Other Financial 3,856 3,372
Assets
Other Current Assets 10,487 4,859

Total Current assets 1,23,912 1,06,281

Total Assets 6,17,525 5,46,746

EQUITY AND LIABILITIES

Equity

Equity Share Capital 6,335 3,251

Other Equity 3,08,312 2,85,062

Total Equity 3,14,647 2,88,313

Liabilities
Non-current liabilities

Financial Liabilities

Borrowings 81,596 78,723

Provisions 2,205 2,118
Deferred tax liabilities 27,926 24,766
(Net)
Other Non-Current 504 -
Liabilities

Total non-current 1,12,231 1,05,607

liabilities
Current liabilities

Financial Liabilities

Borrowings 15,239 22,580

Trade Payables 88,675 68,161
Other Financial 48,250 43,920
Liabilities
Other Current 37,565 16,897
liabilities
Provisions 918 1,268
Total Current 1,90,647 1,52,826
Liabilities
Total Liabilities 3,02,878 2,58,433
Total Equity and 6,17,525 5,46,746
Liabilities
 Financial Statement Analysis
Common Size Balance sheet
31stMarch,20 31stMarch,20
18 17 % of 2018 % of 2017
ASSETS
Non-current Assets
Property, Plant and 191879 145486
Equipment 31.072 26.609
Capital Work-in-Progress 92581 128283 14.992 23.463
Intangible Assets 9085 9092 1.471 1.663
Intangible Assets Under 6902 4458
Development 1.118 0.815
Financial Assets 0.000
Investments 171945 140544 27.844 25.706
Loans 17699 10418 2.866 1.905
Other Non-current Assets 3522 2184 0.570 0.399
Current Assets 0.000
Inventories 39568 34018 6.408 6.222
Financial Assets 0.000
Investments 53277 51906 8.628 9.494
Trade Receivables 10460 5472 1.694 1.001
Cash and Cash Equivalents 2731 1754 0.442 0.321
Loans 3533 4900 0.572 0.896
Other Financial Assets 3856 3372 0.624 0.617
Other Current Assets 10487 4859 1.698 0.889
Total Assets 617525 546746 100.000 100.000
 31stMarch,201 31stMarch,201
8 7 % of 2018 % of 2017
EQUITY AND LIABILITIES
Equity
Equity Share Capital 6335 3251 1.026 0.595
Other Equity 308312 285062 49.927 52.138

Liabilities
Non-current liabilities
Financial Liabilities
Borrowings 81596 78723 13.213 14.398
Provisions 2205 2118 0.357 0.387
Deferred tax liabilities (Net) 27926 24766 4.522 4.530
Other Non-Current Liabilities 504 - 0.082
Current liabilities
Financial Liabilities
Borrowings 15239 22580 2.468 4.130
Trade Payables 88675 68161 14.360 12.467
Other Financial Liabilities 48250 43920 7.813 8.033
Other Current liabilities 37565 16897 6.083 3.090
Provisions 918 1268 0.149 0.232
Total Equity and Liabilities 617525 546746
100.000 100.000
 Conclusion
2018(%) 2017(%)

Total Non Current

Assets 79.93 80.56 -0.63

Total Current Assets 20.06 19.43 0.63

Total equity 50.95 52.73 -1.78

Total Non-Current
Liabilities 18.17 19.31 -1.14

Total Current Liabilities 30.87 47.26 -16.39

 Conclusion
Current Ratio = Current assets / Current Liabilities
Current Ratio = 493613/190647
= 2.589

Suggestion
A Good Sign of Financial Condition. Which is
greater than 1, Company Should maintain this
ratio.
Reference

1. http://www.ril.com/
Thank You
Thank You