Reliance Industries Ltd


BSE: 500325 | NSE: RELIANCE | ISIN: INE002A01018 
Market Cap: [Rs.Cr.] 330,425 | Face Value: [Rs.] 10
Industry: Refineries

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Auditor's Report

Letter to Shareholders

A. PRINCIPLES OF CONSOLIDATION

The consolidated financial statements relate to Reliance Industries Limited (‘theCompany’) and its subsidiary companies, associates and joint ventures. Theconsolidated financial statements have been prepared on the following basis:

a) The financial statements of the Company and its subsidiary companies are combined ona line-by-line basis by adding together the book values of like items of assets,liabilities, income and expenses, after fully eliminating intra-group balances andintra-group transactions in accordance with Accounting Standard (AS) 21 -"Consolidated Financial Statements"

b) Interest in Joint Ventures have been accounted by using the proportionateconsolidation method as per Accounting Standard (AS) 27 - "Financial Reporting ofInterest in Joint Ventures".

c) In case of foreign subsidiaries, being non-integral foreign operations, revenueitems are consolidated at the average rate prevailing during the year. All assets andliabilities are converted at rates prevailing at the end of the year. Any exchangedifference arising on consolidation is recognised in the exchange fluctuation reserve.

d) The difference between the cost of investment in the subsidiaries, over the netassets at the time of acquisition of shares in the subsidiaries is recognised in thefinancial statements as Goodwill or Capital Reserve, as the case may be.

e) The difference between the proceeds from disposal of investment in subsidiaries andthe carrying amount of its assets less liabilities as of the date of disposal isrecognised in the consolidated Statement of Profit and Loss being the profit or loss ondisposal of investment in subsidiary.

f) Minority Interest’s share of net profit of consolidated subsidiaries for theyear is identified and adjusted against the income of the group in order to arrive at thenet income attributable to shareholders of the Company.

g) Minority Interest’s share of net assets of consolidated subsidiaries isidentified and presented in the consolidated balance sheet separate from liabilities andthe equity of the Company’s shareholders.

h) Investment in Associate Companies has been accounted under the equity method as perAccounting Standard (AS) 23 - "Accounting for Investments in Associates inConsolidated Financial Statements".

i) The Company accounts for its share in change in net assets of the associates, postacquisition, after eliminating unrealised profits and losses resulting from transactionsbetween the Company and its associates to the extent of its share, through its Statementof Profit and Loss to the extent such change is attributable to the associates’Profit or Loss through its reserves for the balance, based on available information.

j) The difference between the cost of investment in the associates and the share of netassets at the time of acquisition of shares in the associates is identified in thefinancial statements as Goodwill or Capital Reserve as the case may be.

k) As far as possible, the consolidated financial statements are prepared using uniformaccounting policies for like transactions and other events in similar circumstances andare presented in the same manner as the Company’s separate financial statements.

B. Investments other than in subsidiaries and associates have been accounted as perAccounting Standard (AS) 13 on "Ac- counting for Investments".

C. Other significant accounting policies

These are set out under "Significant Accounting Policies" as given in theCompany’s separate financial statements.

Notes on Consolidated Financial Statements for the Year ended 31st March, 2014

The previous year figures have been regrouped / reclassified, wherever necessary toconform to the current year presentation.

1. SHARE CAPITAL

(Rs. in crore)

As at 31st March, 2014 As at 31st March, 2013
Authorised Share Capital:
500,00,00,000 Equity Shares of Rs. 10 each 5,000 5,000
(500,00,00,000)
100,00,00,000 Preference Shares of Rs. 10 each 1,000 1,000
(100,00,00,000)
6,000 6,000
Issued, Subscribed and Paid up:
293,95,47,231 Equity Shares of Rs. 10 each fully paid up 2,940 2,936
(293,63,08,755)
Less: Calls in arrears - by others - -
[Rs. 3,113 (Previous Year Rs. 3,653)]
2940 2,936
TOTAL 2,940 2,936

 

1.1 1,45,94,41,214 Shares were allotted as Bonus Shares in the last five years by capitalisation of Securities Premium and Reserves.
(1,45,94,41,214)
1.2 6,92,52,419 Shares were allotted in the last five years pursuant to the Scheme of amalgamation with Reliance
(6,92,52,419) Petroleum Limited without payments being received in cash.
1.3 45,04,27,345 Shares were allotted on conversion / surrender of Debentures and Bonds, conversion of Term
(45,04,27,345) Loans, exercise of warrants, against Global Depository Shares (GDS) and re-issue of forfeited equity shares, since inception.
1.4 4,62,46,280 Shares were bought back and extinguished in the last five years.
(4,62,46,280)

1.5 The reconciliation of the number of shares outstanding is set out below :

Particulars As at 31st March, 2014 As at 31st March, 2013
No. of Shares No. of Shares
Equity Shares at the beginning of the year 293,63,08,755 297,87,04,713
Add : Shares issued on exercise of Employee Stock Options 32,38,476 1,86,891
Less : Shares cancelled on buy back of Equity Shares - 4,25,82,849
Equity Shares at the end of the year 293,95,47,231 293,63,08,755

1.6 The Company has reserved issuance of 13,05,05,114 (Previous year 13,37,43,590)Equity Shares of Rs. 10 each for offering to eligible employees of the Company and itssubsidiaries under Employees Stock Option Scheme (ESOS). During the year, the Company hasgranted 60,866 (Previous Year NIL) options to the eligible employees at a price of Rs. 860per option plus all applicable taxes, as may be levied in this regard on the Company. Theoptions would vest over a maximum period of 7 years or such other period as may be decidedby the Human Resources, Nomination and Remuneration Commitee from the date of grant basedon specified criteria.

1.7 Issued, Subscribed and paid up capital excludes 29,23,54,627 (Previous Year29,23,54,627) equity shares directly held by subsidiaries/trust, before their becomingsubsidiaries of the Company, which have been eliminated.

1.8 Share application money pending allotment represents application money receivedon account of employees stock option scheme.

2. RESERVES AND SURPLUS

(Rs. in crore)

As at 31st March, 2014 As at 31st March, 2013
Capital Reserve
As per last Balance Sheet 572 603
Add: On Consolidation of Subsidiaries (Net) (280) 49
292 652
Less: Transferred to Profit and Loss Account (Refer Note No. 11.7) 85 80
207 572
Exchange Fluctuation Reserve
As per last Balance Sheet 1,097 1,069
Add : During the year 706 28
1,803 1,097
Capital Redemption Reserve
As per last Balance Sheet 56 13
Add : Transferred from Profit and Loss Account on 38 43
buy back / redemption of Shares
94 56
Securities Premium Reserve
As per last Balance Sheet 42,226 45,258
Add : On issue of shares 205 12
42,431 45,270
Less : On buy back of Equity Shares - 3,044
42,431 42,226
Less : Calls in arrears - by others - -
[Rs. 1,93,288 (Previous Year Rs. 2,21,548)]
42,431 42,226
Debentures Redemption Reserve
As per last Balance Sheet 1,117 1,117
Statutory Reserve
As per last Balance Sheet 86 78
Add : Transferred from Minority Interest - 2
Add : Transferred from Profit and Loss Account 14 6
100 86
Revaluation Reserve
As per last Balance Sheet 1,661 3,740
Add: On Revaluation 346 -
2,007 3,740
Less: Transferred to Profit and Loss Account 1,083 2,081
(Refer Note No. 11.7)
Add: Transferred from / (to) Minority Interest (76) 2
848 1,661
General Reserve*
As per last Balance Sheet 1,18,004 1,00,004
Add: Transferred from Profit and Loss Account 18,000 18,000
Less: Transferred to Profit and Loss Account (Refer Note No. 11.7) 790 -
1,35,214 1,18,004

 

As at 31st March, 2014 As at 31st March, 2013
Share in Reserves of Associates
Revaluation Reserve
As per last Balance Sheet 10 10
Profit and Loss Account
As per last Balance Sheet 14,265 14,574
Less: Adjustment arising out of Scheme of Arrangement and Amalgamation# 1,532 -
(Short) Provision of Tax for earlier years (net) - (54)
(Rs. 8,26,209)
(Short) Provision of Tax for earlier years (net) - Minority Interest - -
[(Rs. 781), Previous Year (Rs. 43,379)]
Less: Expenses on Amalgamation - 10
Add: Profit for the year 22,493 20,879
35,226 35,389
Less: Appropriations
Transferred to Statutory Reserve 14 6
Transferred to General Reserve 18,000 18,000
Transferred to Capital Redemption Reserve on buy back / redemption of Shares 38 43
Proposed Dividend on Equity Shares** 2,793 2,628
[Dividend per Share Rs. 9.5/- ; (Previous Year Rs. 9.0/-)]
Tax on Dividend** 475 447
Proposed Dividend on preference shares - -
(Minority Interest Rs. 9,749/- ; Previous Year Rs. 19,880/-)
Tax on Dividend on Preference Shares - -
(Minority Interest Rs. 1,657/- ; Previous Year Rs. 3,379/-)
13,906 14,265
TOTAL 1,95,730 1,79,094

* Cumulative amount withdrawn on account of Depreciation on Revaluation is Rs. 3,353crore (Previous Year Rs. 2,563 crore).

** Proposed Dividend on Equity Shares and Tax on Dividend are net of reversal of excessprovision of previous year pertaining to Equity Shares bought back before the record dateof Dividend, aggregating to Rs. NIL (Previous Year Rs. 17 crore).

# Net effect of the various Scheme of Arrangement and Amalgamation (‘theScheme’) filed by the subsidiary Companies under the sections 391 to 394 of theCompanies Act, 1956 sanctioned by the Hon’ble High Court of Judicature at Bombay.

2.1 In view of the loss for the year, the subsidiary Company Reliance Jio InfocommLimited has not created the Debenture Redemption Reserve for a cumulative amount of Rs.352 crore (Previous Year Rs. 252 crore) in terms of section 117C of the Companies Act,1956. The Company shall create the Debenture Redemption Reserve out of profits, if any, inthe future years.

3. LONG TERM BORROWINGS

(Rs. in crore)

As at 31st March, 2014 As at 31st March, 2013
Non Current Current Non Current Current
Secured
Non Convertible Debentures 1,434 434 1,842 4,182
Term Loans from Banks 3,138 - 7 4
Long Term Maturities of Finance Lease Obligations 21 13 32 11
4,593 447 1,881 4,197
Unsecured
Bonds / Debentures 32,407 - 28,347 -
Term Loans- from Banks 63,775 4,500 40,726 13,697
Term Loans- from Others 241 -
Deferred Payment Liabilities 3 3 6 3
96,426 4,503 69,079 13,700
TOTAL 1,01,019 4,950 70,960 17,897

3.1 Non Convertible Debentures referred above to the extent of:

a) Rs. 370 crore are secured by way of first mortgage / charge on the immovableproperties situated at Hazira Complex and at Jamnagar Complex (other than SEZ units) ofthe Company.

b) Rs. 917 crore are secured by way of first mortgage / charge on all the propertiessituated at Hazira Complex and at Patalganga Complex of the Company.

c) Rs. 30 crore are secured by way of first mortgage / charge on certain propertiessituated at Surat in the State of Gujarat and on fixed assets situated at AllahabadComplex of the Company.

d) Rs. 51 crore are secured by way of first mortgage / charge on movable and immovableproperties situated at Thane in the State of Maharashtra and on movable propertiessituated at Baulpur Complex of the Company.

e) Rs. 500 crore are secured by way of first mortgage / charge on the immovableproperties situated at Jamnagar Complex (SEZ unit) of the Company.

3.2 Secured Term Loans from banks referred above to the extent of:

a) Rs. 3127 crore are secured by way of mortgage on Oil and Gas properties outsideIndia and related assets.

b) Rs. 11 crore are secured by way of hypothecation of vehicles and are repayable overa period of 2 to 5 years.

3.3 Finance Lease Obligations are secured against leased assets.

4. DEFERRED TAX LIABILITY (Net)

(Rs. in crore)

As at 31st March, 2014 As at 31st March, 2013
Deferred Tax Liability
Related to fixed assets 16,282 14,682
Deferred Tax Assets
Related to fixed assets 27 38
Disallowances under the Income Tax Act 176 109
Carried forward loss of subsidiaries 4,154 2,947
4,357 3,094
TOTAL 11,925 11,588

5. OTHER LONG TERM LIABILITIES

(Rs. in crore)

As at 31st March, 2014 As at 31st March, 2013
Others # 807 -
TOTAL 807 -

# Includes Premium payable on forward contracts, Liability on revaluation offorward contracts and exchange loss.

6. LONG TERM PROVISIONS

(Rs. in crore)

As at 31st March, 2014 As at 31st March, 2013
Provisions for Annuities 226 231
Others # 64 300
TOTAL 290 531

# Includes provision for Decommissioning and Liability for derivative transactions.

7. SHORT TERM BORROWINGS

(Rs. in crore)

As at 31st March, 2014 As at 31st March, 2013
Secured
Working Capital Loans
From Banks
Foreign Currency Loans 828 601
Rupee Loans 7,566 27
8,394 628
From Others
Rupee Loans 1,199 -
Unsecured
A. Other Loans and Advances
From Banks
Foreign Currency Loans * 23,128 17,569
Rupee Loans 9 110
23,137 17,679
B. Loans from related parties (Refer Note No. 28) 62 55
TOTAL 32,792 18,362

* Includes Buyers Credit/Packing Credit

7.1 Working Capital Loans from Banks referred above to the extent of:

(a) Rs. 3,906 crore are secured by hypothecation of present and future stock of rawmaterials, stock-in-process, finished goods, stores and spares (not relating to plant andmachinery), book debts, outstanding monies, receivables, claims, bills, materials intransit, etc. save and except receivables of Oil and Gas Division.

(b) Rs. 3,281 crore are secured by way of lien on fixed deposits and Rs. 978crore are secured by lien on Government Securities.

(c) Rs. 229 crore is secured by hypothecation of Plant and Machinery.

7.2 Working Capital Loan from Others of Rs. 1,199 crore are securedby lien on Government Securities.

8. TRADE PAYABLES

(Rs. in crore)

As at 31st March, 2014 As at 31st March, 2013
Micro, Small and Medium Enterprises 109 66
Others 60,751 49,634
TOTAL 60,860 49,700

9. OTHER CURRENT LIABILITIES

(Rs. in crore)

As at 31st March, 2014 As at 31st March, 2013
Current maturities of long term debt 4,937 17,886
Current maturities of finance lease obligations 13 11
(Refer Note No. 3) 4,950 17,897
Interest accrued but not due on borrowings 612 690
Unclaimed Dividend # 175 152
Application money received and due for refund # 1 1
Unpaid matured debentures and interest accrued thereon # 1 1
Other Payables * 11,319 4,914
TOTAL 17,058 23,655

* Includes statutory dues, security deposit, Creditors for Capital expenditure, advancefrom customers and Income received in advance.

# These figures do not include any amounts, due and outstanding, to be credited toInvestor Education and Protection Fund except Rs. 12 crore (Previous Year Rs. 10 crore)which is held in abeyance due to legal cases pending.

10. SHORT TERM PROVISIONS

(Rs. in crore)

As at 31st March, 2014 As at 31st March, 2013
Provisions for Employee Benefits 244 194
Proposed Dividend 2,793 2,643
Tax on Dividend 475 449
Provision for Wealth Tax 61 46
Provision for Income Tax (Net of advance tax) 25 7
Other Provisions * 848 1,218
TOTAL 4,446 4,557

* Includes primarily provision for Customs duty, Excise Duty on Finished Goods, Otherduties and taxes.

11. FIXED ASSETS

(Rs. in crore)

Gross Block Depreciation / Amortisation Net Block
Description As at 01-04-2013 Additions/ Adjustments Deductions/ Adjustments As at 31-03-2014 As at 01-04-2013 For the Year# Deductions/ Adjustments As at 31-03-2014 As at 31-03-2014 As at 31-03-2013
TANGIBLE ASSETS :
OWN ASSETS :
Leasehold Land 2,809 245 394 2,660 500 108 20 588 2,072 2,309
Freehold Land 6,482 238 2 6,718 - - - - 6,718 6,482
Buildings 11,939 1,324 22 13,241 3,432 365 32 3,765 9,476 8,507
Plant & Machinery 1,42,713 5,874 1,329 1,47,258 71,166 8,030 1,120 78,076 69,182 71,547
Electrical Installations 4,390 263 340 4,313 1,832 189 4 2,017 2,296 2,558
Equipments $ 8,475 1,460 779 9,156 2,197 431 12 2,616 6,540 6,278
Furniture & Fixtures 1,070 139 126 1,083 480 76 11 545 538 590
Vehicles 452 116 40 528 227 65 25 267 261 225
Ships 387 - - 387 268 13 - 281 106 119
Aircrafts & Helicopters 45 - - 45 27 3 - 30 15 18
Sub-Total 1,78,762 9,659 3,032 1,85,389 80,129 9,280 1,224 88,185 97,204 98,633
LEASED ASSETS :
Plant & Machinery 278 1 4 275 196 31 4 223 52 82
Ships 10 - - 10 10 - - 10 - -
SUB-TOTAL 288 1 4 285 206 31 4 233 52 82
TOTAL (A) 1,79,050 9,660 3,036 1,85,674 80,335 9,311 1,228 88,418 97,256 98,715
INTANGIBLE ASSETS* :
Technical Knowhow fees 3,492 8 21 3,479 1,910 181 - 2,091 1,388 1,582
Software 669 303 - 972 531 96 - 627 345 138
Development Rights 54,003 13,140 - 67,143 23,758 3,706 - 27,464 39,679 30,245
Others 3,757 1 7 3,751 950 58 6 1,002 2,749 2,807
TOTAL (B) 61,921 13,452 28 75,345 27,149 4,041 6 31,184 44,161 34,772
TOTAL (A+B) 2,40,971 23,112 3,064 2,61,019 1,07,484 13,352 1,234 1,19,602 1,41,417 1,33,487
PREVIOUS YEAR 2,33,475 8,953 1,457 2,40,971 94,661 13,399 576 1,07,484 1,33,487 1,38,814
Capital Work-in-Progress 48,646 17,191
Intangible Assets under Development 42,848 32,761

$ Includes Office Equipments

* Other than internally generated

# Depreciation for the year includes depreciation of Rs. 193 crore (Previous Year Rs. 6crore) capitalised during the year.

11.1 Leasehold Land includes Rs. 203 crore (Previous Year Rs. 203 crore) in respectof which lease-deeds are pending execution.

11.2 Buildings include :

i) Cost of shares in Co-operative Housing Societies Rs. 1 crore (Previous Year Rs. 1crore).

ii) Rs. 5 crore (Previous Year Rs. 5 crore) in respect of which conveyance is pending.

iii) Rs. 93 crore (Previous Year Rs. 93 crore) in shares of Companies / Societies withright to hold and use certain area of Buildings.

11.3 Intangible assets - Others include :

i) Jetties amounting to Rs. 812 crore (Previous Year Rs. 812 crore), the Ownership ofwhich vests with Gujarat Maritime Board. However, under an agreement with Gujarat MaritimeBoard, the Company has been permitted to use the same at a concessional rate.

ii) Rs. 2,899 crore (Previous Year Rs. 2,899 crore) in shares of companies and leasepremium paid with right to hold and use Land and Buildings.

11.4 Capital Work-in-Progress and Intangible Assets under development include:

i) Rs. 9,982 crore (Previous Year Rs. 5,849 crore) on account of project developmentexpenditure.

ii) Rs. 17,346 crore (Previous Year Rs. 5,804 crore) on account of cost of constructionmaterials at site.

11.5 Project Development Expenditure:

(in respect of Projects upto 31st March, 2014, included under Capital Work-in-Progressand Intangible Assets under Development)

(Rs. in crore)

2013-14 2012-13
Opening Balance 5,849 3,948
Add: Transferred from Profit and Loss Account (Refer Note No. 26) 736 128
Expenses on Project under Construction 1,712 485
Interest Capitalised 1,758 1,296
4,206 1,909
Less: Project Development Expenses Capitalised / Transferred during the year 73 8
Closing Balance 9,982 5,849

11.6 Gross Block includes Rs. 346 crore added on revaluation of Buildings, Plant& Machinery and Storage Tanks as at 31.12.2013, Rs. 11 crore added on revaluation ofBuildings, Plant & Machinery and Storage Tanks as at 31.12.2010, Rs. 12,901crore added on revaluation of Buildings, Plant & Machinery and Equipments as at01.01.2009 Rs. 238 crore added on revaluation of Buildings, Plant & Machinery andStorage Tanks as at 31.12.2009, based on reports issued by international valuers.

11.7 The Gross Block of Fixed Assets includes Rs. 38,872 crore (Previous Year Rs.38,517 crore) on account of revaluation of Fixed Assets carried out since inception.Consequent to the said revaluation there is an additional charge of depreciation of Rs.1,958 crore (Previous Year Rs. 2,161 crore) and an equivalent amount has been withdrawnfrom Revaluation Reserve/ General Reserve / Capital Reserve.

11.8 Additions in Plant and Machinery, Capital Work-in-Progress , Intangible Assets- Development Rights and Intangible Assets under Development include Rs. 10,675 crore (netloss) [Previous Year Rs. 5,948 crore (net loss)] on account of exchange difference duringthe year.

12. NON-CURRENT INVESTMENTS

(Long Term Investments)

(Valued at Cost less other than temporary diminution in value, if any) (Rs. incrore)

As at 31st March, 2014 As at 31st March, 2013
A . Investments in Associates
In Equity Shares - Quoted, fully paid up
68,60,064 Reliance Industrial Infrastructure Limited of Rs. 10 each 147 136
(68,60,064)
147 136
In Equity Shares - Unquoted, fully paid up
11,08,500 Reliance Europe Limited of Sterling Pound 1 each 31 30
(11,08,500)
22,500 Reliance LNG Limited of Rs. 10 each - -
(22,500) [Rs. 2,14,493 ; (Previous Year Rs. 2,22,012)]
5,000 Reliance Commercial Trading Private Limited of Rs. 10 each - -
(5,000)
74,99,990 Reliance Commercial Dealers Limited of Rs.10 each 10 10
(74,99,990)
62,63,125 Indian Vaccines Corporation Limited of Rs.10 each 1 1
(62,63,125)
64,29,20,000 Gujarat Chemical Port Terminal Company Limited 85 70
(64,29,20,000) of Rs. 1 each
52,00,000 Reliance Utilities and Power Private - -
(52,00,000) Limited Class ‘A’ shares of Rs. 1 each
[Rs. 40,40,000 ; (Previous Year Rs. 40,40,000)]
5,000 Gaurav Overseas Private Limited of Rs. 10 each - -
(5,000)
- Deccan Cargo & Express Logistics Private Limited - -
(37,24,971) of Rs. 100 each
EFS Midstream LLC 1,662 1,372
51,54,872 Algenol LLC 413 451
(51,54,872)
6,31,42,865 Aurora Algae Inc 227 157
(3,72,38,095)
52,49,344 Matrix Genetics LLC 14 -
(-)
46,87,500 Extramarks Education Private Limited of Rs. 10 each 125 125
(46,87,500)
5,000 Reliance Jio Infratel Private Limited of Rs. 10 each - -
(5,000) [Rs. 50,000 ; (Previous Year Rs. 50,000)]
5,000 Reliance Jio Digital Services Private Limited of Rs. 10 each - -
(5,000) [Rs. 50,000 ; (Previous Year Rs. 50,000)]
- Reliance Jio Electronics Private Limited of Rs. 10 each - -
(5,000) [Rs. NIL ; (Previous Year Rs. 50,000)]
5,000 Reliance Jio Media Private Limited of Rs. 10 each - -
(5,000) [Rs. 50,000 ; (Previous Year Rs. 50,000)]
2,568 2,216

 

As at 31st March, 2014 As at 31st March, 2013
In Preference Shares - Unquoted, Fully paid up
50,00,00,000 9% Non Cumulative Redeemable Preference Shares of Reliance 2,000 2,000
(50,00,00,000) Gas Transportation Infrastructure Limited of Rs. 10 each
2,000 2,000
In Debentures - Unquoted, Fully Paid Up
4,22,335 Zero Coupon Secured Optionally Convertible Redeemable 42 42
(4,22,335) Debentures of Reliance Commercial Trading Private Limited
- Series B of Rs. 1000 each
- Compulsorily Convertible Debentures of Deccan Cargo & - 3
(30,47,704) Express Logistics Private Limited of Rs. 100 each
1,00,000 9% Optionally Fully Convertible Debentures of 100 100
(1,00,000) Extramarks Education Private Limited of Rs. 10,000 each
142 145
In Limited Liability Partnership
GenNext Ventures Investment Advisers LLP [Rs. 12,50,000 ; - -
(Previous Year Rs. 2,00,000)]
- -
Total Investment in Associates (A) 4,857 4,497
B. Investments in others
In Government Securities-Unquoted
6 Years National Savings Certi_cate (Deposited with Sales - -
Tax Department and other Government Authorities)
[Rs. 16,57,020 ; (Previous Year Rs. 23,49,560)]
- -
In Government Securities-Quoted
8.33% GOI 2026 - 650
8.12% GOI 2020 3,111 -
7.16% GOI 2023 2,246 -
5,357 650
Trade Investments
In Equity Shares-Unquoted, fully paid up
1,00,00,000 Petronet India Limited of Rs. 10 each 10 10
(1,00,00,000)
5,000 Retailers Association’s Skill Council of India of Rs. 10 each - -
(5,000) [Rs. 1,00,000 ; (Previous Year Rs. 1,00,000)]
25 The Colaba Central Co-operative Consumer’s Wholesale - -
(25) and Retail Stores Limited (Sahakari Bhandar) of Rs. 200 each.
[Rs. 5,000 ; (Previous Year Rs. 5,000)]
10 10
Other Investments
In Equity Shares-Quoted, fully paid up
10,59,07,273 EIH Limited of Rs. 2 each 1,433 1,433
(10,59,07,273)

 

As at 31st March, 2014 As at 31st March, 2013
4,85,32,764 Himachal Futuristic Communications Limited of Rs. 1 each 57 57
(4,85,32,764)
- ICICI Bank Limited of Rs. 10 each - 174
(17,50,954)
97,25,000 NMDC Limited of Rs. 1 each 142 142
(97,25,000)
89,82,030 NTPC Limited of Rs. 10 each 134 134
(89,82,030)
7,69,000 Oil India Limited of Rs. 10 each 42 42
(7,69,000)
41,73,123 Oil and Natural Gas Corporation Limited of Rs. 5 each 136 136
(41,73,123)
9,33,011 State Bank of India of Rs. 10 each 199 199
(9,33,011)
848639 HDFC Bank Limited of Rs. 2 each 70 -
(-)
65,43,657 Housing Development Finance Corporation Limited of Rs. 431 949
(1,44,00,000) 2 each
19,48,680 Den Networks Limited of Rs. 10 each 19 19
(19,48,680)
91,68,704 Algae. Tech Limited of AU$ 0.1636 each 8 -
(-)
2671 3,285
In Equity Shares-Unquoted, fully paid up
85,000 National Stock Exchange of India Limited of Rs. 10 each 28 28
(85,000)
2,53,800 Shinano Retail Private Limited of Rs.10 each - -
(2,53,800) (Rs. 25,38,000 ; Previous Year Rs. 25,38,000)
- Reliance Fresh Private Limited of Rs. 10 each - -
(5,000) (Rs. NIL ; Previous Year Rs. 1,00,000)
34,53,378 Terra Power LLC 93 83
(33,78,378)
1,000 Air Controls and Chemical Engineering Company Limited - -
(1,000) of Rs. 1 each (Rs. 1,500 ; Previous Year Rs. 1,500)
1,500 Reliance Research and Development Services Private - -
(1,500) Limited of Rs. 10 each (Rs. 15,000; Previous Year Rs. 15,000)
1,800 Teesta Retail Private Limited of Rs. 10 each - -
(1,800) (Rs. 18,125 ; Previous Year Rs. 18,000)
400 Sonali Land Private Limited of Rs. 10 each - -
(400) [Rs. 4,000 ; (Previous Year Rs. 4,000)]
- Reliance First Private Limited of Rs. 10 each - -
(910) [Rs. NIL ; (Previous Year Rs. 9,114)]
- Reliance Tankages Private Limited of Rs. 10 each - -
(860) [Rs. NIL ; (Previous Year Rs. 8,600)]
400 Eshwar Land Private Limited of Rs. 10 each 80 -
(-)
201 111

 

As at 31st March, 2014 As at 31st March, 2013
In Fixed Maturity Plan - Quoted fully paid up
25,90,00,000 Axis Fixed Maturity Plan - 259 25
(2,50,00,000) (Series 34/47/49/52/55/59/60) - Growth
6,00,00,000 Baroda Pioneer Fixed Maturity Plan - 60 25
(2,50,00,000) (Series C/M/N) - Growth
63,10,00,000 Birla Sun Life Fixed Term Plan - (Series GA/GB/GF/JR/JX/ 631 190
(19,00,00,000) KA/KE/KJ/KM/KO/KP/KR/KT) - Growth
- BNP Paribas Fixed Term Fund - (Series 24A) - Growth - 30
(3,00,00,000)
1,55,000,000 DSP BlackRock Fixed Term Plan - 155 400
(40,00,00,000) (Series 36/37/88/ 89/91/93/150/152) - Growth
22,80,00,000 DWS Fixed Maturity Plan - 228 170
(17,00,00,000) (Series 26/28/30/45/49/ 52/53/47) - Growth
14,00,00,000 DWS Fixed Maturity Plan - Close ended debt fund - 140 -
(-) (Series 54/57/63) - Growth
80,00,00,000 HDFC Fixed Maturity Plan - 800 352
(35,20,00,000) (Series 23/28/29) - Growth
60,000,000 HSBC Fixed Term Plan - 60 15
(1,50,00,000) (Series 90/105) - Growth
83,50,00,000 ICICI Fixed Maturity Plan - 835 865
(86,50,00,000) (Series 65/66/67/71/72/73) - Growth
28,80,00,000 IDFC Fixed Maturity Plan - (Series 11/14/21/51/60/ 288 70
(7,00,00,000)) 64/66/70/72/75/79/84/86) - Growth
10,50,00,000 JP Morgan India Fixed Maturity Plan - 105 345
(34,50,00,000) (Series 12/13/16/18/30/33) - Growth
40,00,00,000 Kotak Fixed Maturity Plan - (Series 97/98/99/101/ 400 295
(29,50,00,000) 102/103/132/133/141/142/145/146/147/149) - Growth
19,50,00,000 L&T Fixed Maturity Plan – 195 125
(12,50,00,000) (Series X/VII/IX) – (Plan B/H/J/M/Q/S/T) - Growth
12,00,00,000 LIC Nomura Mutual Fund Fixed Maturity Plan - (Series 120 65
(6,50,00,000) 56/58/64/72/76/77/79) - Growth
2,50,00,000 Principal PNB Fixed Maturity Plan - 25 -
(-) (Series B10) - Growth
30,00,00,000 Reliance Fixed Horizon Fund - (Series 2/5/9/27/33) - (Plan 300 450
(45,00,00,000) - XXII/XXIII/XXV/XXVI) - Growth
3,50,00,000 Religare Fixed Maturity Plan - 35 120
(12,00,00,000) (Series XVII/XVIII) - (Plan A/B/D/F/H) - Growth
57,50,00,000 SBI Debt Fund - 575 380
(38,00,00,000) (Series A - 1/2/3/5/10/11/14/15/25) - Growth
70,0,00,000 SBI Debt Fund - Double Indexation Benefit - 70 -
(-) (Series A-14) - Growth
8,80,00,000 Sundaram Fixed Term Plan - 88 100
(10,00,00,000) (Series DC/DF/DH/EU/EX/FD/FI) Growth
17,00,00,000 Tata Fixed Maturity Plan - (Series 42/46) - 170 250
(25,00,00,000) (Scheme B/C/G/H/K/M/N/Q/T) - Growth
13,50,00,000 UTI Fixed Term Income Fund - (Series XIII-III/ 135 140
(14,00,00,000) XIV-VIII/XVII-VII/XVII-XIV/XVIII-I/XVII-IV) - Growth

 

As at 31st March, 2014 As at 31st March, 2013
5,674 4,412
In Debentures or Bonds - Unquoted
3,000 Tata Sons Limited 300 -
(-)
1,74,73,143 D. E. Shaw India Securities Private Limited - 7.90% 175 72
(44,05,550) Optionaly Convertible Debentures of Rs. 100 each
- Indiabulls Housing Finance Limited - 10.60% - 200
(2,000) Secured Redeemable Non Convertible Debentures of Rs. 10,00,000 each
475 272
In Debentures or Bonds - Quoted
6,350 LIC Housing Finance Limited 635 -
(-)
650 Tata Steel Limited 58 -
(-)
20 Power Grid Corporation of India Limited 3 -
(-)
42,81,393 Power Finance Corporation Limited 1,385 -
(-)
700 Rural Electrification Corporation Limited 70 -
(-)
32,550 Housing Development Finance Corporation Limited 3,293 -
(-)
3,500 Infrastructure Development Finance Company Limited 350 -
(-)
550 National Bank for Agriculture and Rural Development 55 -
(-)
49,44,752 National Highways Authority of India 494 -
(-)
42,62,612 Indian Railway Finance Corporation Limited 426 -
(-)
9,49,946 National Thermal Power Company Limited 95 -
(-)
1,500 HDB Financial Services Limited - 9.43% 75 75
(1,500) Secured Redeemable Non Convertible Debentures of Rs. 5,00,000 each
6,939 75
In Others
17,05,638 Faering Capital India Evolving Fund of Rs. 1,000 each 171 115
(11,53,511)
2,73,770 HDFC India Real Estate of Rs. 1,000 per unit 29 40
(3,79,028)
50,000 JM Financial Property Fund - I of Rs. 7,551.28 per unit; 38 48
(50,000) (Previous Year Rs. 9,547.42 per unit)
MPM Bioventure IV-QP, LP, USA 95 99

 

As at 31st March, 2014 As at 31st March, 2013
5,000 Multiples Private Equity Fund - Scheme 1 34 24
(5,000) of Rs. 1,00,000 each, Rs. 69,940 paid up
(Previous Year Rs. 46,350 paid up)
2,000 Peninsula Realty Fund of Rs. 1,00,000 each 25 26
(2,000)
21,600 Urban Infrastructure Opportunities Fund 191 192
(21,600) of Rs. 86,750 per unit (Previous Year Rs. 87,500 per unit)
25,000 LICHFL Urban Development Fund 7 5
(25,000) of Rs. 10,000 each, Rs. 2,870 paid up
(Previous Year Rs. 2,000 paid up)
8,70,000 KKR India Debt Fund I of Rs. 1000 each 87 -
(-)
62,00,000 GenNext Ventures Fund - Class A Units 6 -
(-)
683 549
In ETF - Quoted, fully paid up
- Kotak Gold Exchange Traded Fund of Rs. 100 each - 118
(3,99,000)
- 118
Total Investments in Others (B) 22,010 9,482
Total Long Term Investments (A + B) 26,867 13,979

13. LONG-TERM LOANS AND ADVANCES

(Rs. in crore)

As at 31st March, 2014 As at 31st March, 2013
(Unsecured and Considered Good)
Capital Advances# 9,954 2,467
Deposits## 3,504 2,727
Loans and Advances to Related Parties (Refer Note No. 28) 17 92
Advance Income Tax (Net of Provision) 1,008 693
Other Loans and Advances* 3,513 3,046
TOTAL 17,996 9,025

# Includes Rs. 5 crore (Previous Year Rs. NIL) to Reliance Utilities & PowerPrivate Limited, Rs. 3 crore (Previous Year Rs. 2 crore) to Reliance IndustrialInfrastructure Limited which are related parties.

## Includes Rs. 2,006 crore (Previous Year Rs. 1,971 crore) relating to Deposits withrelated parties (Refer Note No. 28).

* Includes claims receivable from statutory authorities, loans to employees etc.

14. OTHER NON CURRENT ASSETS

(Rs. in crore)

As at 31st March, 2014 As at 31st March, 2013
Miscellaneous Expenditure (to the extent not written off or adjusted) Rs. 61,510 (Previous Year Rs. 7,61,510) - -
TOTAL - -

15. CURRENT INVESTMENTS

Carried at lower of cost and quoted / fair value, including current portion oflong term investment)

(Rs. in crore)

As at 31st March, 2014 As at 31st March, 2013
Investment in Equity Shares - Quoted, Fully Paid up
74,62,500 NTPC Limited 89 106
(74,62,500)
18,88,171 Oil and Natural Gas Corporation Limited 60 58
(18,88,171)
13,65,000 Coal India Limited 40 -
(-)
11,34,790 IndusInd Bank Limited 48 -
(-)
1,49, 500 Infosys Limited 49 -
(-)
23,96,000 ITC Limited 77 -
(-)
5,25,525 Larsen & Toubro Limited 56 -
(-)
5,35,983 Mahindra & Mahindra Limited 49 -
(-)
1,02,600 Maruti Suzuki India Limited 20 -
(-)
29,000 State Bank of India 5 -
(-)
9,60,000 Sun Pharmaceuticals Industries Limited 55 -
(-)
4,96,300 Tata Consultancy Services Limited 105 -
(-)
13,04,535 United Phosphorus Limited 24 -
(-)
2,47,400 Tata Motors Limited 10 -
(-)
69,000 Axis Bank Limited 10 -
(-)
83,000 Hindustan Unilever Limited 5 -
(-)
1,30,000 Tata Steel Limited 5 -
(-)
707 164
Investment in Government Securities - Quoted
1.44% IIGS 2023 256 -
6.35% GOI 2020 1 1
7.16% GOI 2023 2 -
7.28% GOI 2019 509 -
7.59% GOI 2016 5 5
7.80% GOI 2020 - -
(Rs. NIL; Previous Year Rs. 7,91,120)

 

As at 31st March, 2014 As at 31st March, 2013
8.12% GOI 2020 72 -
8.13% GOI 2022 - 22
8.20% GOI 2025 - 278
8.33% GOI 2026 - 102
8.53% MAHA SDL 2020 - -
(Rs. 30,264 ; Previous Year Rs. 30,264)
8.65% Karnataka SDL 2022 4 -
8.78% GUJ SDL 2021 - -
(Rs. 20,22,524; Previous Year Rs. NIL )
8.79% GOI 2021 2 16
8.83% GOI 2023 301 -
8.85% MAHA SDL 2022 - -
(Rs. 13,01,040 ; Previous Year Rs. 19,01,520)
8.88% Gujarat 2022 - -
(Rs. NIL ; Previous Year Rs. 20,13,200)
8.97% GOI 2030 - 149
9.12% Gujarat 2022 - 2
9.24% Punjab 2022 - -
(Rs. NIL ; Previous Year Rs. 4,03,620)
9.47% GSEC 2024 100 -
9.48% GSEC 2024 75 -
9.53% Madhya Pradesh 2023 2 -
1,329 575
Collateral Borrowing and Lending Obligation - Unquoted 355 -
Investment in Debentures or Bonds - Quoted, Fully Paid up
8 Export Import Bank of India 1 35
(349)
3,050 Housing Development Finance Corporation Limited 303 3,839
(38,307)
- Infrastructure Development Finance Company Limited - 647
(6,500)
- India Infrastructure Finance Company Limited - 149
(15,095)
1 Indian Railway Finance Corporation Limited (Rs. 10,08,203) - 521
(42,63,562)
- LIC Housing Finance Limited - 515
(5,153)
- National Bank for Agriculture and Rural Development - 726
(7,250)
- National Highways Authority of India - 494
(49,44,752)
109 Power Finance Corporation Limited 11 688
(42,74,393)
20 Power Grid Corporation of India Limited 3 15
(120)

 

As at 31st March, 2014 As at 31st March, 2013
- Rural Electrification Corporation Limited - 59
(595)
- Tata Steel Limited - 58
(650)
- Tata Power Company Limited - 133
(1,320)
25 Nuclear Power Corporation of India Limited 2 -
(-)
2,000 Indiabulls Housing Finance Limited - 10.60% Secured 200 -
(-) Redeemable Non Convertible Debentures of Rs. 10,00,000 each
520 7,879
Investment in Debentures or Bonds - Unquoted, Fully Paid up
- Tata Sons Limited - 300
(3,000)
Investment in Fixed Maturity Plan - Quoted, Fully Paid up
2,50,00,000 Axis Fixed Term Plan - 25 50
(5,00,00,000) (Series 21/22/34) - Growth
9,80,00,000 Baroda Pioneer Fixed Maturity Plan - 98 25
(2,50,00,000) (Series A/C/E/G/J) - Growth
- Birla Sun Life Fixed Term Plan - - 25
(2,50,00,000) (Series FP) - Dividend
1,89,00,00,000 Birla Sun Life Fixed Term Plan - (Series ES/EV/EY/FC/FD/ 1,890 670
(67,00,00,000) FM/FO/GA/GB/GF/GT/GV/HD/HI/HK/HL/HM/HQ/HS/HV/
HY/IA/JA/JE/JG/JI/JL/JN/JO/JQ/JT/JU/JY/JZ/KC/KD/KF/
KG/KH/KI/KK/KN/KQ) - Growth
26,00,00,000 Birla Sunlife Interval Income Fund - 260 15
(1,50,00,000) (Annual Plan V/VIII/IX/X) - Growth
13,50,00,000 BNP Paribas Fixed Term Fund - 135 50
(5,00,00,000) (Series 24A/25A/26A/26C/29B) - Growth
1,67,00,00,000 DSP BlackRock Fixed Maturity Plan - (Series 37/38/43/ 1,670 530
(53,00,00,000) 44/88/89/90/91/93/94/95/103/104/105/107/108/109/
110/113/117/130/144/146/149/151/153/155) - Growth
47,50,00,000 DWS Fixed Maturity Plan - (Series 6/7/9/10/26/27/28/ 475 298
(29,80,00,000) 29/30/32/34/36/42/43/46/48/50) - Growth
- DWS Fixed Maturity Plan - (Series 18) - Dividend - 30
(3,00,00,000)
7,50,00,000 DWS Fixed Maturity Plan - Close ended debt fund - 75 -
(-) (Series 51/55/62) - Growth
5,00,00,000 DWS Interval Fund Annual Plan - Growth 50 -
(-)
- HDFC Annual Interval Fund - (Series 1) - Growth - 50
(5,00,00,000)
2,13,70,00,000 HDFC Fixed Maturity Plan - (Series 366D/369D/370D/ 2,137 627
(62,70,00,000) 371D/372D/384D/390D/391D/392D/398D/399D/400D/
526D/566D) - Growth
13,50,00,000 HSBC Fixed Term Plan - 135 45
(4,50,00,000) (Series 86/90/94/96/101-104) - Growth

 

As at 31st March, 2014 As at 31st March, 2013
19,99,03,904 ICICI Prudential Fixed Maturity Annual Interval Plan - 208 62
(5,98,46,064) (Series VI/VII) - (Plan C/D/F/I) - Cumulative
1,75,00,00,000 ICICI Prudential Fixed Maturity Plan - 1,750 880
(88,00,00,000) (Series 62/63/65/66/67/68/69/70/71) - (Plan A/B/C/D/E/F/
G/H/I/J/K/M) - Cumulative
92,40,00,000 ICICI Prudential Fixed Maturity Plan - (Series 72/73) - 924 -
(-) (Plan A/B/C/D/G/H/I/K/M/P/R/T) - Growth
- ICICI Prudential Long Term Plan - Premium Plus - - 100
(9,96,19,002) Dividend
2,00,00,000 IDBI Fixed Maturity Plan - 20 -
(-) (Series III) - Dividend
- IDBI Fixed Maturity Plan - _ 25
(2,50,00,000) (Series III) - Growth
85,50,00,000 IDFC Fixed Maturity Plan - 855 347
(34,70,00,000) (Series 7/8/11/12/13/14/24/25/27/31/32/33/34/49/50/
54/59/65/67/69/74/85/78/81/85) - Growth
- IDFC Fixed Maturity Plan - - 96
(9,60,00,000) (Series 74/78/79) - Dividend
11,07,54,164 IDFC Yearly Interval Fund - 113 120
(12,00,00,000) (Series I/II/III) - Growth
- Indiabulls Fixed Maturity Plan - Growth - 35
(3,50,00,000)
2,50,00,000 JM Fixed Maturity Plan - 25 -
(-) (Series FXXIV) - (Plan C)- Growth
50,00,00,000 JP Morgan India Fixed Maturity Plan - 500 215
(21,50,00,000) (Series 6/12/13/16/17/18/21/31/32) - Growth
1,14,00,00,000 Kotak Fixed Maturity Plan - (Series 76/80/82/97/98/99/ 1,140 360
(36,00,00,000) 100/101/102/104/105/106/107/110/111/112/114/116/
118/119/136/137/138/139/143/144/152) - Growth
33,70,00,000 L & T Fixed Maturity Plan - 337 40
(4,00,00,000) (Series VII/VIII/IX/X) - (Plan A/D/G/I/J/L) - Growth
31,00,00,000 LIC Nomura Fixed Maturity Plan - (Series 52/53/54/55/ 310 145
(14,50,00,000) 56/58/60/61/62/63/66/68/73/75) - Growth
68,00,038 LIC Nomura Interval Fund - 10 -
(-) (Series 1) - Growth
4,95,01,683 Reliance Annual Interval Fund - 60 -
(-) (Series 1) - Growth
68,00,00,000 Reliance Fixed Horizon Fund - 680 110
(11,00,00,000) (Series XXII/XXIII/XXVI/XXV/XXIV) - Growth
24,78,28,132 Reliance Yearly Interval Fund - 250 -
(-) (Series 3/6/8) - Growth
15,50,00,000 Religare Fixed Maturity Plan - (Series XIII/XIV/XVII/XVIII/ 155 248
(24,80,00,000) XXII) - (Plan A/B/C/D/E/F) - Growth
19,50,00,000 Religare Invesco Fixed Maturity Plan - 195 -
(-) (Series XIX/XXI/XXII) - (Plan A/C/E/F/G) - Growth
62,00,00,000 SBI Debt Fund - 620 455
(45,50,00,000) (Series 1/2/12/13/14/15/23/24/25/28/29) - Growth
- SBI Debt Fund - - 140
(14,00,00,000) (Series 5/7) - Dividend

 

As at 31st March, 2014 As at 31st March, 2013
1,10,00,00,000 SBI Debt Fund - (Series 9/12/13/16/18/32/33/34/36/37/3 1,100 75
(7,50,00,000) 8/39/41/47/48/49/51/52/53/54) - Growth
31,00,00,000 Sundaram Fixed Term Plan - (Series CQ/DC/DF/DG/DH/ 310 65
(6,50,00,000) DO/DQ/DR/EW/EY/FB/FF/FJ) - Growth
96,90,00,000 Tata Fixed Maturity Plan - (Series 39/40/42/43/44/45/46) - 969 135
(13,50,00,000) (Scheme A/B/C/D/E/G/H/I/L/O/P) - Growth
8,50,00,000 UTI Fixed Term Income Fund - 85 -
(-) (Series XVII-I/XVII-V) - Growth
3,04,93,690 UTI Fixed Income Interval Fund - Annual Interval Plan 40 70
(5,49,80,083) (Series - II/III/IV) - Growth
1,33,50,00,000 UTI Fixed Term Income Fund - (Series XIII-III/XIV-V/ 1,335 225
(22,50,00,000) XIV-VI/XIV-VII/XIV-VIII/XV-I/XV-II/XVI-IV/XVI-VII/XVII-X/
XVII-XVI/XVI-I/XV-III/XVII-II/XV-IV/XV-V/XV-VI/XV-VII/XV-X/
XVII-XX/XVIII-III/XVIII-IV/XVII-XIII) - Growth
- UTI Fixed Term Income Fund - - 130
(13,00,00,000) (Series - XII-IV/XIII) - Dividend
18,941 6,493
Investment in Mutual Fund - Unquoted
2,27,889 Axis Banking Debt Fund - Growth 25 -
(-)
7,59,94,772 Axis Short Term Fund - Growth 96 135
(11,08,67,422)
29,22,23,922 Birla Sunlife Dynamic Bond Fund - Retail - Growth 549 2,418
(1,31,48,48,855)
22,34,01,784 Birla Sunlife Short Term Fund - Growth 1,000 225
(5,56,20,512)
- Canara Robeco Short Term Fund - Regular Growth - 30
(2,31,91,812)
- Canara Robeco Short Term Institutional Growth Fund - 60
(4,59,45,325)
4,95,70,718 DSP Black Rock Banking & PSU Debt Fund - Regular Plan 50 -
(-) - Growth
- DSP Black Rock Liquidity Fund - Institutional Plan Growth - 100
(5,96,310)
7,22,79,657 DSP Black Rock Short Term Fund - Growth 147 210
(11,14,37,619)
- DSP Black Rock Strategic Bond Fund -Institutional Plan - - 625
(48,23,954) Growth
- DWS GILT Fund - Regular Plan - Growth - 150
(11,66,82,484)
3,61,86,149 DWS InstaCashPlus Fund Super Institutional Plan Annual 600 -
(-) Bonus
- DWS InstaCashPlus Fund Super Institutional Plan Bonus - -
(1,04,54,867)
- DWS Money Plus Fund - Regular Plan (Principle Units) - - 46
(4,66,90,013) Bonus
2,40,93,515 DWS Mutual Fund ICP-Bonus 236 -
(-)

 

As at 31st March, 2014 As at 31st March, 2013
- DWS Premier Bond Fund - Premium Plus Plan - Growth - 150
(14,48,86,484)
- DWS Short Maturity Fund - Premium Plus Growth - 147
(12,93,69,261)
- DWS Treasury Fund - Cash - Regular Plan - Bonus - 59
(60,38,424)
1,84,06,566 DWS Treasury Fund - Investment - Regular Plan - Bonus 18 -
(-)
11,79,24,798 DWS Treasury Fund - Investment - Regular Plan - Growth 159 75
(5,81,04,402)
3,25,53,638 Franklin India Savings Plus Fund - Growth 75 -
(-)
29,63,61,644 HDFC Short Term Opportunities Fund - Growth 400 240
(19,73,54,869)
50,00,000 HDFC Debt Fund for Cancer Cure - 50% Regular Option - 5 -
(-) Dividend Donation
11,23,62,581 HDFC Floating Rate Income Fund - Long Term Plan - 250 300
(14,69,19,109) Growth
- HDFC High Interest Fund - Short Term Plan - Growth - 500
(22,67,48,577)
- HDFC Liquid Fund - Growth - 20
(86,58,009)
21,41,12,926 HDFC Medium Term Opportunities Fund - Growth 278 305
(25,68,76,110)
- HDFC Short Term Plan - Growth - 485
(22,68,83,560)
- HSBC Income Fund Short Term Institutional Plus Growth - 180
(16,70,54,915)
3,61,78,141 ICICI Prudential Banking and PSU Debt Fund - Growth 50 -
(-)
4,06,37,366 ICICI Prudential Blended Plan A - Dividend 55 -
(-)
11,08,46,926 ICICI Prudential Blended Plan B - Growth 200 -
(-)
3,98,32,730 ICICI Prudential Equity Arbitrage Fund - Dividend 55 -
(-)
2,41,47,124 ICICI Prudential Gilt Fund Treasury Plan - Quarterly 25 -
(-) Dividend Reinvestment
- ICICI Prudential Liquid Fund - Growth - 47
(27,12,060)
- ICICI Prudential Gilt Treasury Plan - Regular Growth - 100
(3,46,29,245)
- ICICI Prudential Institutional Short Term Plan - - 725
(31,83,61,805) Cumulative
- ICICI Prudential Liquid - Regular Plan - Growth - 25
(14,42,759)
- ICICI Prudential Short Term Plan - Regular Growth - 250
(10,86,67,777)

 

As at 31st March, 2014 As at 31st March, 2013
16,20,52,229 ICICI Prudential Ultra Short Term - Direct Plan - Growth 200 -
-
- IDBI Short Term Bond Fund - Growth - 50
(4,39,26,695)
10,88,83,711 IDFC Super Saver Income Fund - Short Term-Direct Plan- 275 -
- Growth
12,63,13,875 IDFC Arbitrage Fund - Direct Plan - Dividend 160 -
(-)
- IDFC - Super Saver Income Fund - Medium Term Growth - 45
(2,33,10,265)
- IDFC - Super Saver Income Fund - Short Term - Growth - 625
(42,82,45,478)
29,82,16,282 IDFC Banking Debt Fund - Regular Plan - Growth 319 100
(9,99,03,094)
- IDFC Cash Fund - Growth - (Regular Plan) - 25
(1,75,479)
21,48,65,792 IDFC Money Manager Fund- Investment Plan-Growth- 400 -
(-) Direct Plan
- IDFC Super Saver Income Fund -Medium Term - Plan B - - 285
(23,42,26,669) Growth
8,15,59,748 IDFC Super Saver Income Fund Short Term Plan - Growth- 200 -
(-) (Regular Plan)
2,50,000 Indiabulls Short Term Fund - Direct Plan - Growth Option 25 -
(-)
- J P Morgan India Short term Income Fund - Growth - 125
(10,38,13,700)
61,49,62,892 J P Morgan India Treasury Fund - Bonus 629 700
(46,01,17,659)
- JM High Liquidity Fund - Bonus - 109
(11,10,88,159)
4,50,68,027 JM Money Manager Fund - Super Plan - Bonus 44 -
(-)
19,71,60,883 JM Money Manager Fund - Super Plus Plan - Bonus 199 -
(-)
1,36,85,132 JM Money Manager Fund Super Plan - Growth 25 -
(-)
13,40,05,771 Kotak Bond Short Term Plan - Growth 304 185
(8,84,33,460)
10,68,70,464 Kotak Equity Arbitrage Fund - Dividend 115 -
(-)
- L & T - Short Term Opportunities Fund - Growth - 80
(7,51,00,293)
16,54,740 L&T Cash Bonus Liquid Fund 169 -
(-)
7,21,37,997 L&T Floating Rate Fund - Growth 83 -
(-)
10,75,21,101 L&T Triple Ace Bond Fund - Bonus 133 -
(-)
10,76,394 LIC Nomura MF Liquid Fund - Growth 250 25
(1,17,585)

 

As at 31st March, 2014 As at 31st March, 2013
- Morgan Stanley Short Term Bond Fund - Institutional - 60
(4,70,53,586) Plus - Growth
1,62,107 Principal Bank CD Fund - Growth 25 -
(-)
- Reliance Income Fund - Growth Plan - Bonus - 131
(12,02,16,390)
- Religare Active Income Fund - Growth - 175
(13,27,54,784)
10,68,81,070 Religare Invesco Arbitrage - Bonus 115 -
(-)
17,98,180 Religare Invesco Short Term Fund - Growth 295 285
(18,67,562)
- SBI Dynamic Bond Fund - Growth - 725
(52,63,28,065)
- SBI Premier Liquid Fund - Growth - 35
(1,90,032)
36,08,46,691 SBI Short Term Debt Fund - Growth 487 235
(18,37,26,275)
6,20,51,677 Sundaram Flexible Fund Short - Term Plan - Growth 121 80
(4,32,75,524)
17,81,54,863 Sundaram Flexible Fund Short Term Plan - Bonus 175 -
(-)
17,58,87,636 Sundaram Money Fund Direct Plan - Bonus 272 -
(-)
- Sundaram Monthly Income Plan Bonus - 34
(3,02,49,315)
9,57,31,798 Sundaram Select Debt Short Term Asset Plan - Bonus 100 -
(-)
- Tata Income Fund Plan A - Appreciation - Bonus - 97
(9,21,73,180)
- Tata Short Term Bond Fund Plan A - Growth - 40
(1,94,65,573)
36,10,159 UTI Floating Rate Fund - Growth 715 700
(37,23,783)
- UTI Money Market Fund - Growth - 25
(1,90,537)
35,25,25,179 UTI Short Term Income Fund - Institutional Plan - Growth 518 400
(30,35,68,335)
- UTI Treasury Advantage Fund - Institutional Plan - 250
(20,30,859)
79,225 Birla Sunlife Floating Rate Fund Short Term Growth 1 1
(49,784)
65,694 Birla Sunlife Cash Plus - Direct Plan - Growth 1 -
(-)
- HDFC Liquid Fund Premium Plan - Daily Dividend - 33
(2,70,06,021)
- HDFC Liquid Fund - Dividend - 1
(8,38,534)

 

As at 31st March, 2014 As at 31st March, 2013
1,11,74,438 HDFC Liquid Fund - Growth 27 6
(28,13,853)
1,73,378 HDFC Cash Management Fund-Savings Plan-Direct Plan - - -
(24,599) Dividend (Rs. 18,44,123 ; Previous Year Rs. 3,00,000)
5,55,857 HDFC Cash Management Fund-Savings Plan - Dividend 1 1
(6,04,758)
- ICICI Prudential Liquid Super Institutional - Dividend - 37
(37,41,132)
1,45,545 ICICI Prudential Liquid Plan - Direct - Growth 3 3
(1,43,956)
61,05,501 ICICI Prudential Institutional Liquid Plan-Super 61 36
(35,24,215) Institutional Daily Dividend
1,30,51,222 ICICI Prudential Blended - Plan A - Direct Plan - Growth 26 -
(-)
71,180 ICICI Pru Liquid Plan - Direct Plan - Growth 2 -
(-)
- IDFC Banking Debt Fund - Regular Plan - Growth Fund - 97
(9,61,89,785)
1,13,125 IDFC Cash Fund - Regular Plan - Growth 18 -
(-)
2,29,27,832 IDFC Banking Debt Fund - Direct Plan - Growth 25 -
(-)
- JM High Liquidity Fund - 1
(1,90,639)
3,197 SBI - Premier Liquid Fund Regular Plan - Growth 1 9
(47,494)
10,792 13,458
Investments in Treasury Bills - Quoted 15 -
Investments in Commercial Paper - Quoted
Housing Development Finance Corporation Limited 369 -
Investment in certificate of deposits - Unquoted
Andhra Bank 9 -
Canara Bank 44 -
Central Bank of India 187 -
Indian Bank 287 -
Oriental Bank of Commerce 263 -
State Bank of Patiala 71 -
UCO Bank 478
Union Bank of India 91
1,430 -
Total Current Investments 34,458 28,869

16. INVENTORIES

(Rs. in crore)

As at 31st March, 2014 As at 31st March, 2013
Raw Materials 7,573 7,938
Raw Materials in Transit 16,145 13,820
Stock-in-Process 12,012 11,537
Stock-in-Trade 5,347 3,428
Finished Goods 11,947 13,913
Stores, Chemicals and Packing Materials 2,973 3,965
TOTAL 55,997 54,601

17. TRADE RECEIVABLES

(Rs. in crore)

(Unsecured and Considered Good) As at 31st March, 2014 As at 31st March, 2013
Outstanding for a period exceeding six months 78 60
Others 9,333 9,690
TOTAL 9,411 9,750

18. CASH AND BANK BALANCES

(Rs. in crore)

As at 31st March, 2014 As at 31st March, 2013
Cash and cash equivalents:
Cash on hand 63 59
Bank Balances:
In current accounts* 1,430 1,205
In deposit ** 32,867 49,192
Sub-total 34,360 50,456
Other bank balances
In deposit # 3,624 -
Sub-total 3,624 -
TOTAL 37,984 50,456

* Includes unclaimed dividend of Rs. 175 crore (Previous Year Rs. 152 crore).

** Include deposits of Rs. 75 crore (Previous Year Rs. 13,189 crore) with maturity ofmore than 12 months.

# Deposits of Rs. 3,624 crore (Previous Year Rs. NIL) are given as lien against ShortTerm Borrowings.

19. SHORT-TERM LOANS AND ADVANCES

(Rs. in crore)

(Unsecured and Considered Good) As at 31st March, 2014 As at 31st March, 2013
Loans and Advances to Related Parties (Refer Note No. 28) 186 84
Balance with Customs, Central Excise Authorities 3,573 2,809
Deposits 696 421
Others# 5,510 7,141
TOTAL 9,965 10,455

# Includes primarily Interest Receivable on Fixed Deposits with banks, ShareApplication Money, Advance to sundry creditors and advance to employees.

20. OTHER CURRENT ASSETS

(Rs. in crore)

As at 31st March, 2014 As at 31st March, 2013
Interest accrued on Investment 535 510
Share Application Money 2,572 955
Others * 147 318
TOTAL 3,254 1,783

* Includes Interest Receivables.

21. OTHER INCOME

(Rs. in crore)

2013-14 2012-13
Interest
From Current Investments 471 922
From Long Term Investments 1,085 489
From Others 4,351 4,405
5,907 5,816
Dividend
From Current Investments 138 95
From Long Term Investments 37 36
175 131
Net Gain on sale of Investments
From Current Investments 1,685 1,303
From Long Term Investments 808 465
2,493 1,768
Share in income of Associates 90 67
Other non operating income 336 85
TOTAL 9,001 7,867

22. CHANGES IN INVENTORIES OF FINISHED GOODS, STOCK(IN)PROCESS AND STOCK(IN) TRADE

(Rs. in crore)

2013-14 2012-13
Inventories (at close)
Finished Goods / Stock-in-Trade 17,294 17,341
Stock-in-Process 12,012 11,537
29,306 28,878
Inventories (at commencement)
Finished Goods / Stock-in-Trade 17,341 13,153
Stock-in-Process 11,537 10,535
28,878 23,688
Less: Capitalised during the year 132 -
Add: Opening Stock of Subsidiaries acquired during the year - 236
28,746 23,924
TOTAL (560) (4,954)

23. EMPLOYEE BENEFITS EXPENSE

(Rs. in crore)

2013-14 2012-13
Salaries and Wages 4,814 4,529
Contribution to Provident and Other Funds 362 329
Staff Welfare Expenses 396 321
TOTAL 5,572 5,179

24. FINANCE COSTS

(Rs. in crore)

2013-14 2012-13
Interest Expenses 2,507 2,574
Other borrowing costs 4 21
Applicable loss on foreign currency transactions and translation 1,325 868
TOTAL 3,836 3,463

25. DEPRECIATION AND AMORTISATION EXPENSE

(Rs. in crore)

2013-14 2012-13
Depreciation and Amortisation (Refer Note No. 11) 13,159 13,393
Less: Transferred from Revaluation Reserve(Refer Note No. 11.7) 1,083 2,081
Less: Transferred from General Reserve (Refer Note No. 11.7) 790 -
Less: Transferred from Capital Reserve (Refer Note No. 11.7) 85 80
TOTAL 11,201 11,232

26. OTHER EXPENSES

(Rs. in crore)

2013-14 2012-13
Manufacturing expenses
Stores, Chemicals and Packing Materials 4,935 4,285
Electric Power, Fuel and Water 10,855 7,993
Labour Processing, Production Royalty and Machinery Hire Charges 1,372 1,651
Repairs to Building 49 86
Repairs to Machinery 922 837
Exchange Difference (Net) 231 (57)
Excise Duty # (1) 50
Lease Rent 2 3
18,365 14,848
Land development and construction expenditure 30 49

 

(Rs. in crore)
2013-14 2012-13
Selling and distribution expenses
Warehousing and Distribution Expenses 5,536 5,364
Sales Tax /VAT 939 1,105
Other Selling and Distribution Expenses 935 956
7,410 7,425
Establishment expenses
Professional Fees 1,184 876
General Expenses 1,579 987
Rent 896 762
Insurance 693 652
Rates & Taxes 202 212
Other Repairs 414 260
Travelling Expenses 272 226
Payment to Auditors 24 24
Loss on Sale / Discard of Assets 136 110
Investments Written Off 3 -
Charity and Donations 595 285
5,998 4,394
Less: Transfer to project development Expenditure (Net) 736 128
TOTAL 31,067 26,588

# Excise Duty shown under expenditure represents the aggregate of excise duty borne bythe Company and difference between excise duty on opening and closing stock of finishedgoods.

27. EARNINGS PER SHARE (EPS)

2013-14 2012-13
i) Net Profit after tax (after adjusting Minority Interest) as per Statement of Profit and Loss (Rs. in crore) 22,493 20,879
ii) (Short) provision of tax for earlier years (net) (Rs. in crore) (Rs. 8,26,209) - (54)
iii) (Short) Provision of Tax for earlier years (net) - Minority Interest - -
[(Rs. 781), Previous Year (Rs. 43,379)]
iv) Net profit attributable to equity shareholders (Rs. in crore) 22,493 20,825
v) Weighted Average number of equity shares used as denominator for calculating EPS 2,93,82,58,188 294,76,09,853
vi) Basic and Diluted Earnings per share (Rs.) 76.55 70.65
vii) Face Value per equity share (Rs.) 10.00 10.00

28. RELATED PARTY DISCLOSURES :

(i) List of related parties and relationships:

Sr. No. Name of the Related Party Relationship
1. Reliance Industrial Infrastructure Limited
2. Reliance Europe Limited
3. Reliance LNG Limited
4. Indian Vaccines Corporation Limited
5. Gujarat Chemical Port Terminal Company Limited
6. Reliance Utilities and Power Private Limited
7. Reliance Ports and Terminals Limited
8. Reliance Gas Transportation Infrastructure Limited
9. Reliance Commercial Dealers Limited
10. Reliance Commercial Trading Private Limited
11. Diesel Fashion India Reliance Private Limited
12. Atri Exports Private Limited
13. Shree Salasar Bricks Private Limited
14. N.C. Trading Company Private Limited
15. KCIPI Trading Company Private Limited
16. Prakhar Commercials Private Limited
17. Pepino Farms Private Limited Associate Companies / Joint Ventures
18. Marugandha Land Developers Private Limited
19. Jaipur Enclave Private Limited
20. Einsten Commercials Private Limited
21. Ashwani Commercials Private Limited
22. Vishnumaya Commercials Private Limited
23. Carin Commercials Private Limited
24. Netravati Commercials Private Limited
25. Rakshita Commercials Private Limited
26. Kaniska Commercials Private Limited
27. Rocky Farms Private Limited
28. Centura Agro Private Limited
29. Fame Agro Private Limited
30. Noveltech Agro Private Limited
31. Honeywell Properties Private Limited
32. Parinita Commercials Private Limited
33. Chander Commercials Private Limited
34. Creative Agrotech Private Limited
35. Reliance-Vision Express Private Limited
36. Marks and Spencer Reliance India Private Limited
37. Reliance-GrandVision India Supply Private Limited
38. Office Depot Reliance Supply Solutions Private Limited
39. Supreme Tradelinks Private Limited
40. Reliance Paul & Shark Fashions Private Limited
41. Gaurav Overseas Private Limited
42. Reliance Innovative Building Solutions Private Limited
43. IMG Reliance Limited
44. EFS Midstream LLC
45. Zegna South Asia Private Limited
46. D.E. Shaw India Securities Private Limited
47. India Gas Solutions Private Limited Associate Companies / Joint Ventures
48. Algenol LLC
49. Aurora Algae Inc.
50. Extramarks Education Private Limited
51. GenNext Ventures Investment Advisers LLP *
52. Iconix Lifestyle India Private Limited
53. Brooks Brothers India Private Limited **
54. Reliance Jio Digital Services Private Limited #
55. Reliance Jio Media Private Limited
56. Reliance Jio Infratel Private Limited ##
57. Football Sports Development Private Limited
58. R P Chemicals (Malaysia) Sdn. Bhd.
59. Matrix Genetics LLC
60. Shri Mukesh D. Ambani
61. Shri Nikhil R. Meswani
62. Shri Hital R. Meswani Key Managerial Personnel
63. Shri P.M.S. Prasad
64. Shri P. K. Kapil
65. Dhirubhai Ambani Foundation
66. Jamnaben Hirachand Ambani Foundation Enterprises over which Key Managerial
67. Hirachand Govardhandas Ambani Public Charitable Trust Personnel are able to exercise significant influence
68. HNH Trust and HNH Research Society
69. Reliance Foundation

* Formerly known as GenNext Ventures LLP

** Formerly known as In Vogue Brand Solutions Private Limited

# Formerly known as Reliance Jio Cloudworks Private Limited

## Formerly known as Reliance Jio Private Limited

(ii) Transactions during the year with related parties :

(Rs. in crore)

Sr. No. Nature of Transactions (Excluding reimbursements) Associates Key Managerial Personnel Others TOTAL
1. Purchase of Fixed Assets 44 - - 44

48

-

-

48

2. Purchase / Subscription of Investments 179 - - 179

210

-

-

210

3. Sale / Transfer / Redemption of Investments - - - -

1

-

-

1

4. Capital Advance given 7 - - 7

2

-

-

2

5. Net Loans and advances, Deposits given / (returned) 137 - - 137

(22)

-

-

(22)

6. Revenue from Operations 435 - - 435

385

-

-

385

7. Other Income 17 - - 17

12

-

-

12

8. Purchases / Material Consumed 1,763 - - 1,763

167

-

-

167

9. Electric Power, Fuel and Water 1,466 - - 1,466

1,325

-

-

1,325

10. Hire Charges 523 - - 523

423

-

-

423

11. Payment to Key Managerial Personnel - 47 - 47

-

44

-

44

12. Sales and Distribution Expenses 2,885 - - 2,885

2,845

-

-

2,845

13. Rent 8 - - 8

1

-

-

1

14. Professional Fees 55 - - 55

56

-

-

56

15. General Expenses 274 - - 274

275

-

-

275

16. Donations - - 529 529

-

-

218

218

17. Finance Cost 2 - - 2

5

-

-

5

18. Investment written off 3 - - 3

-

-

-

-

Balance as at 31st March, 2014
19. Investments 4,671 - - 4,671

4,264

-

-

4,264

20. Trade Receivables 56 - - 56

33

-

-

33

21. Capital Advance 8 - - 8

2

-

-

2

22. Loans and Advances 203 - - 203

101

-

-

101

23. Deposits 2,006 - - 2,006

1,971

-

-

1,971

24. Unsecured Loans 62 - - 62

55

-

-

55

 

25. Trade and Other Payables 553 - - 553

257

-

-

257

26. Finance Lease Obligations 4

-

-

4

13

-

-

13

27. Financial Guarantees 1,315 - - 1,315

1,213

-

-

1,213

28. Performance Guarantees 114 - - 114

1

-

-

1

Note :

Figures in italic represents Previous Year’s amount.

Disclosure in respect of Material Related Party Transactions during the year :

Particulars Relationship 2013-14 2012-13
Purchase of Fixed Assets
Reliance Industrial Infrastructure Limited Associate 3 2
Reliance Ports and Terminals Limited Associate 36 46
Reliance Gas Transporation and Infrastructure Limited Associate 4 -
Gujarat Chemical Port Terminal Company Limited Associate 1 -
Purchase / Subscription of Investments
Algenol LLC Associate - 26
Aurora Algae LLC Associate 160 84
Matrix Genetics LLC Associate 19 -
Extramarks Educations Private Limited Associate - 100
Sale / Transfer/ Redemption of Investments
Reliance Investments Holdings B. V. Associate - 1
Capital Advance Given
Reliance Utilities and Power Private Limited Associate 5 -
Reliance Industrial Infrastructure Limited Associate 2 2
Net Loans and Advances, Deposits given/ (returned)
Reliance Commercial Trading Private Limited Associate 1 1
Reliance Commercial Dealers Limited Associate 102 (69)
Gujarat Chemical Port Terminal Company Limited Associate 36 27
Atri Exports Private Limited Associate - 1
Shree Salasar Bricks Private Limited Associate - 2
Ashwani Commericals Private Limited Associate 13 17
Vishnumaya Commercials Private Limited Associate 1 -
Centura Agro Private Limited Associate 2 -
Carin Commercials Private Limited Associate (18) -
Kaniska Commercials Private Limited Associate - (1)

 

Particulars Relationship 2013-14 2012-13
Revenue from Operations
Reliance Ports and Terminals Limited Associate 4 7
Reliance Gas Transportation Infrastructure Limited Associate 97 134
Reliance Utilities and Power Private Limited Associate 320 243
Reliance Industrial Infrastructure Limited Associate 1 -
Reliance Commercial Dealers Limited Associate 12 -
Gujarat Chemical Port Terminal Company Limited Associate - 1
Reliance Foundation Others 1 -
Other Income
Reliance Europe Limited Associate 4 5
Reliance Utilities and Power Private Limited Associate 3 3
Reliance Ports and Terminals Limited Associate 1 1
Extramarks Education Private Limited Associate 9 3
Purchases / Material Consumed
Reliance Ports and Terminals Limited Associate 167 154
Reliance Industrial Infrastructure Limited Associate 13 12
Gujarat Chemical Port Terminal Company Limited Associate 4 1
R P Chemicals (Malaysia) Sdn. Bhd. Associate 1,579 -
Electric Power, Fuel and Water
Reliance Utilities and Power Private Limited Associate 1,466 1,325
Hire Charges
Gujarat Chemical Port Terminal Company Limited Associate 86 57
Reliance Industrial Infrastructure Limited Associate 26 30
Reliance Ports and Terminals Limited Associate 226 140
Reliance Gas Transportation Infrastructure Limited Associate 185 196
Payment To Key Managerial Personnel
Shri. Mukesh D Ambani Key Managerial Personnel 15 15
Shri. Nikhil R. Meswani Key Managerial Personnel 12 11
Shri. Hital R. Meswani Key Managerial Personnel 12 11
Shri PMS Prasad Key Managerial Personnel 6 5
Shri P.K.Kapil Key Managerial Personnel 2 2
Sales & Distribution Expenses
Reliance Ports and Terminals Limited Associate 2,869 2,835
Gujarat Chemical Port Terminal Company Limited Associate 16 10
Rent
Reliance Industrial Infrastructure Limited Associate 8 1

 

Particulars Relationship 2013-14 2012-13
Professional Fees
Reliance Europe Limited Associate 32 37
Reliance Industrial Infrastructure Limited Associate 19 19
GenNext Ventures Investment Advisers LLP Associate 4 -
General Expenses
Reliance Commercial Dealers Limited Associate 274 258
Reliance Ports and Terminals Limited Associate - 17
Donations
Dhirubhai Ambani Foundation Others - 1
Hirachand Govardhandas Ambani Public Charitable Trust Others 1 1
Jamnaben Hirachand Ambani Foundation Others 8 8
HNH Trust and HNH Research Society Others - 2
Reliance Foundation Others 520 206
Finance Cost
Reliance Industrial Infrastructure Limited Associate 1 4
Reliance Europe Limited Associate 1 1
Investment written off
Deccan Cargo and Express Logistics Private Limited Associate 3 -
Loans & Advances
Gujarat Chemical Port Terminal Company Limited Associate 6 6
Reliance Europe Limited Associate 8 8
Reliance Commercial Dealers Limited Associate 178 76
Reliance Commercial Trading Private Limited Associate 11 10
Deposits
Reliance Utilities and Power Private Limited Associate 350 350
Reliance Ports and Terminals Limited Associate 1,050 1,050
Rocky Farms Private Limited Associate 29 29
Chander Commercials Private Limited Associate 33 33
Honeywell Properties Private Limited Associate 50 50
Parinita Commercials Private Limited Associate 6 6
Creative Agrotech Private Limited Associate 15 15
Ashwani Commercials Private Limited Associate 66 53
Einsten Commercials Private Limited Associate 43 43
Vishnumaya Commercials Private Limited Associate 10 9
Netravati Commercials Private Limited Associate 6 6
Fame Agro Private Limited Associate 3 3
Centura Agro Private Limited Associate 10 8

 

Particulars Relationship 2013-14 2012-13
Noveltech Agro Private Limited Associate 3 3
Rakshita Commercials Private Limited Associate 6 6
Carin Commercials Private Limited Associate 77 95
Prakhar Commercials Private Limited Associate 48 48
Pepino Farms Private Limited Associate 1 1
Kaniska Commercials Private Limited Associate 22 22
Gaurav Overseas Private Limited Associate 17 17
Gujarat Chemical Port Terminal Company Limited Associate 99 63
Shree Salasar Bricks Private Limited Associate 33 33
Atri Exports Private Limited Associate 19 19
Jaipur Enclave Private Limited Associate 4 4
Marugandha Land Developers Private Limited Associate 5 5

29. (a) Net Quantities of Company’s interest (on gross basis) in proved reservesand proved developed reserves :

Reserves in India Reserves outside India
(North America)

Proved Reserves (Million MT)

Proved Developed Reserves (Million MT)

Proved Reserves (Million MT)

Proved Developed Reserves (Million MT)

2013-14 2012-13 2013-14 2012-13 2013-14 2012-13 2013-14 2012-13
Oil:
Beginning of the year 2.46 3.06 1.82 2.42 14.63 7.85 3.62 2.16
Revision of estimates 0.47 - 0.73 - 7.02 7.59 3.60 2.27
Production (0.46) (0.60) (0.46) (0.60) (1.14) (0.81) (1.14) (0.81)
Closing balance for the year 2.47 2.46 2.09 1.82 20.51 14.63 6.08 3.62

 

Reserves in India Reserves outside India
(North America)

Proved Reserves (Million M3*)

Proved Developed Reserves (Million M3*)

Proved Reserves (Million M3*)

Proved Developed Reserves (Million M3*)

2013-14 2012-13 2013-14 2012-13 2013-14 2012-13 2013-14 2012-13
Gas:
Beginning of the year 97,285 1,03,958 18,470 25,159 33,904 12,323 10,583 5,837
Revision of estimates (7,195) 59 834 43 17,436 22,952 9,027 6,116
Production (3,860) (6,732) (3,860) (6,732) (2,265) (1,371) (2,265) (1,371)
Closing balance for the year 86,230 97,285 15,444 18,470 49,075 33,904 17,345 10,582

* 1 cubic meter (M3) = 35.315 cubic feet, 1 cubic feet = 1000 BTU and 1 MT = 7.5 bbl

(b) In case of producing field and fields where development of drilling activitiesis in progress, the geological and reservoir simulation are updated as and when new wellinformation is available. In all cases, Reserve evaluation is carried out at least once ina year.

30. CONTINGENT LIABILITIES AND COMMITTMENTS

(Rs. in crore)

As at 31st March, 2014 As at 31st March, 2013
(I) Contingent Liabilities
(A) Claims against the company / disputed liabilities
not acknowledged as debts
(a) In respect of joint ventures 414 -
(b) In respect of others 1,532 1,734
(B) Guarantees
(i) Guarantees to Banks and Financial Institutions against credit facilities extended to third parties
(a) In respect of joint ventures - -
(b) In respect of others 1,390 3,159
(ii) Performance Guarantees
(a) In respect of joint ventures - -
(b) In respect of others 239 229
(iii) Outstanding guarantees furnished to Banks and Financial
Institutions including in respect of Letters of Credits
(a) In respect of joint ventures 700 160
(b) In respect of others 7,273 5,309
(C) Other Money for which the company is contingently liable
(i) Liability in respect of bills discounted with Banks (Including third party bills discounting)
(a) In respect of joint ventures - -
(b) In respect of others 4,970 3,961
(II) Commitments
(A) Estimated amount of contracts remaining to be executed on capital account and not provided for:
(a) In respect of Joint Ventures 1,174 448
(b) In respect of others 44,069 15,547
(B) Uncalled Liability on Shares and Other Investments Partly paid 388 243
(C) Other commitments
Sales tax deferral liability assigned 1,563 2,345

(III) The Income-Tax assessments of the Company have been completed up toAssessment Year 20 10-11. The disputed demand outstanding up to the said Assessment Yearis Rs. 1,207 crore. Based on the decisions of the Appellate authorities and theinterpretations of other relevant provisions, the Company has been legally advised thatthe demand is likely to be either deleted or substantially reduced and accordingly noprovision has been made.

31. FINANCIAL AND DERIVATIVE INSTRUMENTS

a) Derivative contracts entered into by the Company and outstanding as on 31st March,2014

(i) For hedging Currency and Interest Rate Related Risks:

Nominal amounts of derivative contracts entered into by the Company and outstanding ason 31st March, 2014 amount to Rs. 1,15,654 crore (Previous Year Rs.1,29,553 crore).

Category wise break up is given below :

(Rs. in crore)

As at 31st March, 2014 As at 31st March, 2013
Sr. No. Particulars Amount Amount
(Rs. in crore) (Rs. in crore)
1 Forward Contracts 76,715 89,621
2 Currency Swaps 2,797 4,444
3 Interest Rate Swaps 33,726 33,181
4 Option 2,416 2,307

(ii) For hedging commodity related risks :

Category wise break up is given below :

As at 31st March, 2014 As at 31st March, 2013
Sr. No. Particulars Petroleum product sales Crude Oil purchases Other products Petroleum product sales Crude oil purchases Other products
(in Kbbl) (in Kbbl) (in kg) (in Kbbl) (in Kbbl) (in Kg)
1 Forward swaps 16,944 21,321 2,225 7,334 16,575 1,101
2 Futures 6,737 7,066 - 6,259 5,488 -
3 Spreads 35,456 86,016 - 44,900 50,366 -
4 Option - 36,550 - - 23,895 -

In addition, the Company has net margin hedges outstanding for contracts relating topetroleum product sales of 1,05,627 kbbl (Previous Year 85,168 kbbl).

b) Foreign Currency exposures that are not hedged by derivative instruments as on31st March 2014 amount to Rs. 65,612 crore (Previous Year Rs. 79,912 crore). Theunhedged exposures are naturally hedged by future foreign currency earnings and earningslinked to foreign currency.

32. In respect of jointly controlled entities, the Company’s share of assets,liabilities, income and expenditure of the joint venture companies are as follows:

(Rs. in crore)

Particulars As at 31st March, 2014 As at 31st March, 2013
(i) Assets
Fixed Assets 170 144
Non-Current Investments - -
Non-Current Assets 59 47
Current Investments 10 9
Current Assets 373 197
(ii) Liabilities
Long Term Borrowings - -
Non-Current Liabilities and Provisions 29 19
Short Term Borrowings 4 10
Current Liabilities and Provisions 111 77
(iii) Income 459 333
(iv) Expenses 530 406

33 . The audited/unaudited financial statements of foreign subsidiaries /associates have been prepared in accordance with the Generally Accepted AccountingPrinciple of its Country of Incorporation or International Financial Reporting Standards.The differences in accounting policies of the Company and its subsidiaries / associatesare not material and there are no material transactions from 1st January, 2014 to 31stMarch, 2014 in respect of subsidiaries / associates having financial year ended 31stDecember, 2013.

34. SEGMENT INFORMATION:

The Company has identified three reportable segments viz. Petrochemicals, Refining andOil & Gas. Segments have been identified and reported taking into account nature ofproducts and services, the differing risks and returns and the internal business reportingsystems. The accounting policies adopted for segment reporting are in line with theaccounting policy of the Company with following additional policies for segment reporting.

a) Revenue and expenses have been identified to a segment on the basis of relationshipto operating activities of the segment. Revenue and expenses which relate to enterprise asa whole and are not allocable to a segment on reasonable basis have been disclosed as"Unallocable".

b) Segment assets and segment liabilities represent assets and liabilities inrespective segments. Investments, tax related assets and other assets and liabilities thatcannot be allocated to a segment on reasonable basis have been disclosed as"Unallocable".

(i) Primary Segment Information :

(Rs. in crore)

Particulars Petrochemicals Refining Oil and Gas Others Unallocable TOTAL
2013-14 2012-13 2013-14 2012-13 2013-14 2012-13 2013-14 2012-13 2013-14 2012-13 2013-14 2012-13
1 Segment Revenue
External Turnover 1,01,562 94,137 3,15,574 2,90,427 10,888 11,100 18,315 12,728 - - 4,46,339 4,08,392
Inter Segment Turnover 2,456 40 90,278 82,496 14 108 2,512 1,850 - - - -
GROSS TURNOVER 1,04,018 94,177 4,05,852 3,72,923 10,902 11,208 20,827 14,578 - - 4,46,339 4,08,392*
Less: Excise duty / Service Tax recovered 7,479 6,807 3,703 4,012 199 198 498 313 - - 11,879 11,330
NET TURNOVER 96,539 87,370 4,02,149 3,68,911 10,703 11,010 20,329 14,265 - - 4,34,460 3,97,062
2 Segment Result before 8,403 7,159 13,392 12,815 2,811 3,668 1,178 323 908 (101) 26,692 23,864
Interest and Taxes
Less: Interest Expense - - - - - - - - 3,836 3,463 3,836 3,463
Add: Interest Income - - - - - - - - 5,907 5,816 5,907 5,816
Profit Before Tax 8,403 7,159 13,392 12,815 2,811 3,668 1,178 323 2,979 2,252 28,763 26,217
Current Tax - - - - - - - - 5,929 5,327 5,929 5,327
Deferred Tax - - - - - - - - 286 4 286 4
Profit after Tax (before adjustment for Minority Interest) 8,403 7,159 13,392 12,815 2,811 3,668 1,178 323 (3,236) (3,079) 22,548 20,886
Add: Share of (Profit) / Loss - - (19) (14) - - (36) 7 - - (55) (7)
transferred to Minority
Profit after Tax (after adjustment for Minority Interest) 8,403 7,159 13,373 12,801 2,811 3,668 1,142 330 (3,236) (3,079) 22,493 20,879
3 Other Information
Segment Assets 57,596 48,889 1,19,030 1,08,419 67,318 53,067 58,372 35,091 1,26,527 1,16,891 4,28,843 3,62,357
Segment Liabilities 9,843 6,929 51,283 40,998 4,219 3,748 6,102 2,571 3,796 3,208 75,243 57,454
Capital Expenditure 8,690 8,134 17,572 3,778 17,954 13,739 23,634 5,835 1,227 806 69,077 32,292
Depreciation and Amortisation 2,262 2,058 4,404 4,434 3,881 4,028 379 454 275 258 11,201 11,232
Non Cash Expenses other than depreciation and Amortisation - - - - 9 34 - - - - 9 34

*Total Gross Turnover is after elimination of inter segment turnover of Rs. 95,260crore (Previous Year Rs. 84,494 crore).

(ii) Inter segment pricing are at Arm’s length basis.

(iii) As per Accounting Standard on Segment Reporting (AS-17), the Company hasreported segment information on consolidated basis including businesses conducted throughits subsidiaries.

(iv) The reportable Segments are further described below :

— The petrochemicals segment includes production and marketing operations ofpetrochemical products namely, High and Low density Polyethylene, Polypropylene, PolyvinylChloride, Poly Butadiene Rubber, Polyester Yarn, Polyester Fibre, Puri_ed TerephthalicAcid, Paraxylene, Ethylene Glycol, Ole_ns, Aromatics, Linear Alkyl Benzene, Butadiene,Acrylonitrile, Caustic Soda and Polyethylene Terephthalate.

— The refining segment includes production and marketing operations of thepetroleum products.

— The oil and gas segment includes exploration, development and production ofcrude oil and natural gas.

— The businesses, which were not reportable segments during the year, have beengrouped under the "Others" segment. This mainly comprises of:

• Textile

• Retail Business

• SEZ development

• Telecom / Broadband Business

(vi) Secondary Segment Information:

(Rs. in crore)

2013-14 2012-13
1. Segment Revenue – External Turnover
- Within India 1,41,880 1,42,299
- Outside India 3,04,459 2,66,093
Total Revenue 4,46,339 4,08,392
2. Segment Assets
- Within India 3,77,905 3,21,946
- Outside India 50,938 40,411
Total Assets 4,28,843 3,62,357
3. Segment Liability
- Within India 71,841 53,602
- Outside India 3,402 3,852
Total Liability 75,243 57,454
4. Capital Expenditure
- Within India 56,521 21,931
- Outside India 12,556 10,361
Total Expenditure 69,077 32,292

35. The Subsidiary companies considered in the consolidated financial statements are:

Name of the Subsidiaries Country of Incorporation Proportion of ownership interest
Reliance Industrial Investments and Holdings Limited(including Petroleum Trust) India 100.00%
Reliance Ventures Limited India 100.00%
Reliance Strategic Investments Limited India 100.00%
Reliance Industries (Middle East) DMCC * U.A.E. 100.00%
Reliance Haryana SEZ Limited India 92.50%
Reliance Retail Limited # India 94.40%
Reliance Retail Insurance Broking Limited India 100.00%
Reliance Dairy Foods Limited India 94.40%
Reliance Exploration & Production DMCC * U.A.E. 100.00%
Reliance Retail Finance Limited India 100.00%
Reliance Retail Ventures Limited ## India 94.45%
Reliance Financial Distribution and Advisory Services Limited India 94.40%
RIL (Australia) Pty Limited Australia 100.00%
Gapco Kenya Limited * Kenya 76.00%
Gapco Rwanda Limited * Rwanda 76.00%
Gapco Tanzania Limited * Tanzania 76.00%
Gapco Uganda Limited * Uganda 76.00%
Gapoil (Zanzibar) Limited * Zanzibar 76.00%
Gulf Africa Petroleum Corporation * Mauritius 76.00%
Transenergy Kenya Limited * Kenya 76.00%
Recron (Malaysia) Sdn Bhd * Malaysia 100.00%
Reliance Payment Solutions Limited India 100.00%
Reliance Brands Limited India 94.45%
Reliance Trading Limited ** India 94.40%
Reliance Lifestyle Holdings Limited India 94.45%
Delight Proteins Limited India 94.40%
Reliance F&B Services Limited India 94.40%
Strategic Manpower Solutions Limited India 100.00%
Reliance Food Processing Solutions Limited India 94.40%
Reliance Vantage Retail Limited India 100.00%
Wave Land Developers Limited Kenya 100.00%
Reliance-GrandOptical Private Limited India 94.40%
Reliance Universal Commercial Limited India 100.00%
Reliance Petroinvestments Limited India 100.00%
Reliance Global Commercial Limited India 100.00%

 

Name of the Subsidiaries Country of Incorporation Proportion of ownership interest
Reliance People Serve Limited India 100.00%
Reliance Infrastructure Management Services Limited India 100.00%
Reliance Global Business B.V. Netherlands 100.00%
Reliance Gas Corporation Limited India 100.00%
Reliance Global Energy Services Limited U.K. 100.00%
Kanhatech Solutions Limited India 72.00%
Reliance Global Energy Services (Singapore) Pte. Limited Singapore 100.00%
Reliance Polyole_ns Limited India 100.00%
Reliance Aromatics and Petrochemicals Limited India 100.00%
Reliance Energy and Project Development Limited India 100.00%
Reliance Chemicals Limited India 100.00%
Reliance Universal Enterprises Limited India 100.00%
Reliance Review Cinema Limited India 94.40%
Reliance Nutritious Food Products Limited^ India 94.40%
RIL USA Inc.* U.S.A 100.00%
Reliance Commercial Land & Infrastructure Limited India 100.00%
Reliance Corporate IT Park Limited India 100.00%
Reliance Eminent Trading & Commercial Private Limited India 100.00%
Reliance Progressive Traders Private Limited India 100.00%
Reliance Proli_c Traders Private Limited India 100.00%
Reliance Universal Traders Private Limited India 100.00%
Reliance Proli_c Commercial Private Limited India 100.00%
Reliance Comtrade Private Limited India 100.00%
Reliance Ambit Trade Private Limited India 100.00%
Reliance Petro Marketing Limited India 94.40%
LPG Infrastructure (India) Limited India 94.40%
Reliance Corporate Centre Limited India 100.00%
Reliance Convention and Exhibition Centre Limited India 100.00%
Central Park Enterprises DMCC * U.A.E 100.00%
Reliance International B. V. (Liquidated as on 18th March, 2014) Netherlands 100.00%
Reliance Corporate Services Limited India 100.00%
Indiawin Sports Private Limited India 100.00%
Reliance Holding USA Inc.* U.S.A 100.00%
Reliance Marcellus LLC* U.S.A 100.00%
Reliance Jio Infocomm Limited India 98.90%
Reliance Strategic (Mauritius) Limited Mauritius 100.00%
Reliance Eagleford Midstream LLC* U.S.A 100.00%

 

Name of the Subsidiaries Country of Incorporation Proportion of ownership interest
Reliance Eagleford Upstream LLC* U.S.A 100.00%
Reliance Eagleford Upstream GP LLC* U.S.A 100.00%
Reliance Eagleford Upstream Holding LP* U.S.A 100.00%
Mark Project Services Private Limited India 100.00%
Reliance Energy Generation and Distribution Limited India 100.00%
Reliance Marcellus II LLC* U.S.A 100.00%
Reliance Security Solutions Limited India 100.00%
Reliance Industries Investment and Holding Limited India 100.00%
Reliance Style Fashion India Private Limited India 94.45%
GenNext Innovation Ventures Limited India 100.00%
Infotel Telecom Limited India 98.90%
Reliance Styles India Limited India 94.45%
Rancore Technologies Private Limited India 98.90%
Reliance Sibur Elastomers Private Limited India 74.90%
Surela Investment and Trading Private Limited India 100.00%
Model Economic Township Limited India 92.50%
Delta Corp East Africa Limited Kenya 58.80%
Kaizen Capital LLP U.K. 49.98%
A_nity Names Inc. * U.S.A. 100.00%
Reliance USA Gas Marketing LLC * U.S.A. 100.00%
Reliance Aerospace Techonologies Limited India 100.00%
Reliance Gas Pipelines Limited India 100.00%
Achman Commercial Private Limited India 94.40%
Reliance Jio Infocomm Pte. Limited * Singapore 98.90%
Reliance do Brasil Indstria e Comrcio de Produtos Txteis, Qumicos, Brazil 100.00%
Petroqumicos e Derivados Ltda.*
Reliance Jio Electronics Private Limited India 51.00%
Reliance Jio Infocomm USA Inc. * U.S.A. 98.90%
Reliance Jio Infocomm UK Limited * U.K. 98.90%
Reliance Clothing India Private Limited India 94.40%
Reliance Marcellus Holding LLC * U.S.A. 100.00%
Reliance Agri Ventures Private Limited India 94.40%
Reliance World Trade Private Limited India 100.00%

# Formerly known as Reliance Fresh Limited

## Formerly known as Reliance Commercial Associates Limited

** Formerly known as Reliance Trends Limited

^ Formerly known as Two Sisters Foods India Limited

* Subsidiary Company having 31st December as a reporting date.

36. The significant Associates / Joint Ventures considered in the consolidatedfinancial statements are:

Name of the Associates / Joint Ventures Country of Incorporation Proportion of ownership interest
Reliance Industrial Infrastructure Limited India 45.43%
Reliance Europe Limited # U.K. 50.00%
Reliance LNG Limited India 45.00%
Gujarat Chemical Port Terminal Company Limited India 41.80%
Indian Vaccines Corporation Limited India 33.33%
Reliance Commercial Dealers Limited India 50.00%
Reliance-Vision Express Private Limited India 47.20%
Reliance-Grandvision India Supply Private Limited India 47.20%
Marks and Spencer Reliance India Private Limited India 46.25%
Reliance Innovative Building Solutions Private Limited India 50.00%
Diesel Fashion India Reliance Private Limited India 46.28%
O_ce Depot Reliance Supply Solutions Private Limited India 50.00%
Zegna South Asia Private Limited India 46.28%
Reliance Paul & Shark Fashions Private Limited India 47.23%
IMG Reliance Limited India 50.00%
EFS Midstream LLC # U.S.A 49.90%
D. E. Shaw India Securities Private Limited India 50.00%
India Gas Solutions Private Limited India 50.00%
Extramarks Education Private Limited India 38.46%
Supreme Tradelinks Private Limited India 46.25%
Gaurav Overseas Private Limited India 50.00%
Reliance Commercial Trading Private Limited India 50.00%
GenNext Ventures Investment Advisers LLP ^ India 50.00%
Algenol LLC # U.S.A. 42.18%
Aurora Algea Inc. # U.S.A. 44.58%
Iconix Lifestyle India Private Limited India 47.23%
Brooks Brothers India Private Limited * India 46.28%
Reliance Jio Digital Services Private Limited** India 50.00%
Reliance Jio Media Private Limited India 50.00%
Reliance Jio Infratel Private Limited*** India 50.00%
Matrix Genetics LLC # U.S.A. 30.63%
Football Sports Development Private Limited India 50.00%

^ Formerly known as GenNext Ventures LLP

* Formerly known as In Vogue Brand Solutions Private Limited

** Formerly known as Reliance Jio Cloudworks Private Limited

*** Formerly known as Reliance Jio Private Limited

# Associate Company having 31st December as a reporting date.

As per our Report of even date For and on behalf of the Board
M.D. Ambani Chairman & Managing Director
For Chaturvedi & Shah For Deloitte Haskins & Sells LLP For Rajendra & Co. N.R. Meswani
Chartered Accountants Chartered Accountants Chartered Accountants H.R. Meswani
P.M.S. Prasad Executive Directors
P. K. Kapil
M.L. Bhakta
D. Chaturvedi A. B. Jani A.R. Shah Y.P. Trivedi
Partner Partner Partner Dr. D.V. Kapur
M.P. Modi
Prof. Ashok Misra Directors
Prof. Dipak C. Jain
Mumbai Alok Agarwal K. Sethuraman Dr. R.A. Mashelkar
Date : April 18, 2014 Chief Financial Officer Company Secretary Adil Zainulbhai
   

Peer Comparison

Company Market Cap
(Rs. in Cr.)
P/E (TTM)
(x)
P/BV (TTM)
(x)
EV/EBIDTA
(x)
ROE
(%)
ROCE
(%)
D/E
(x)
Reliance Inds. 330,424.94 14.83 1.68 8.89 11.7 11.5 0.43
I O C L 78,932.65 13.65 1.20 8.59 8.4 8.2 1.31
B P C L 42,835.26 10.55 2.20 6.27 16.8 14.8 1.48
Essar Oil 16,391.57 130.66 6.55 9.43 0.0 0.0 12.92
H P C L 13,015.24 7.51 0.87 7.90 6.7 6.8 2.37
M R P L 11,575.92 23.67 1.64 32.11 -11.1 -1.1 1.00
Trinity Tradeli. 2,665.39 0.00 103.57 0.00 0.0 0.0 0.00
C P C L 1,265.76 0.00 0.73 0.00 0.0 0.0 1.65
Nagar.Oil Refin. 205.96 0.00 0.27 0.00 0.0 0.0 0.00

Futures & Options Quote

 
Expiry Date
1016.05 5.00  [0.5]%
Instrument: FUTSTK
Expiry Date: 31 Jul 2014
Open Price: 1,020.10
Average Price: 1,018.22
No. of Contracts Traded: 652,750
Open Interest: 15,413,500
Underlying: RELIANCE
Market Lot: 250
Previous Close: 1,021.05
Day’s High | Low: 1,023.15 | 1,015.60
Turnover (Cr.): 66.46
Open Int. Change: 250.00 (0.0% )
View detailed F& O quotes >>

Key Information

Key Executives:

Mukesh D Ambani , Chairman & Managing Director  

Nikhil Rasiklal Meswani , Executive Director  

Hital R Meswani , Executive Director  

Mansingh Laxmidas Bhakta , Director  


Company Head Office / Quarters:
3rd Floor Maker Chambers IV,
222 Nariman Point,
Mumbai,
Maharashtra-400021
Phone : 91-22-22785000
Fax : 91-22-22785111
E-mail : investor_relations@ril.com
Web : http://www.ril.com
Registrars:
Karvy Computershare Pvt Ltd
Plot No 17-24
Vittal Rao Nagar
Madhapur
Hyderabad-500081

Fund Holding


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