Reliance Industries Limited · NSE:RELIANCE
Reliance Industries — Q4 FY2016-17 Earnings Presentation
106 slides from Reliance Industries's earnings presentation, Apr 24, 2017
Slide 1: 4Q FY 2016-17 Financial Results
4Q FY 2016-17 Financial Results 24 April, 2017
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation contains forward-looking statements which may be identified by their use of words like “plans,” “expects,” “will,” “anticipates,” “believes,” “intends,” “projects,” “estimates” or other words of similar meaning. All statements that address expectations or
Slide 3: Corporate Highlights – FY17
Corporate Highlights – FY17 Record EBITDA for FY17 at ` 55,529 crore, up 12.4% Record Net profit for FY17 at ` 29,901 crore, up 18.8% Energy Value Chain Consumer-centric Businesses Refining and Marketing Reliance Retail Record EBIT ` 25,056 crore, up 6.5% Y-o-Y Turnover up 60% Y-o-Y to ` 33,
Slide 4: Financial Results
Reliance Industries Limited Financial Results
Slide 5: Consolidated Financial Results: FY17
Consolidated Financial Results : FY17 % Change Turnover increase led by higher (in ` Crore) FY17 FY16 Y-o-Y realization for Refining and Petchem products, strong growth in retail T urnover 330,180 293,298 12.6% Healthy earnings growth in Refining Segment EBIT * 37,737 34,383 9.8% and Petchem bus
Slide 6: Consolidated EBIT: FY17 vs. FY16
Consolidated EBIT : FY17 vs. FY16 40000 Sustained growth in segment EBIT, 39000 2804 640 up 9.8% Y-o-Y 280 612 37737 38000 Refining EBIT up 6.5% 37000 Petchem EBIT up 27.5% ` crore 1522 36000 Retail EBIT up by 55.6% 35000 Refining and Petchem business 34383 34000 continue to benefit from l
Slide 7: Consolidated Financial Results: 4Q FY17
Consolidated Financial Results : 4Q FY17 % Change % Change Q-o-Q turnover increase led by 8.7% 3Q FY17 (in ` Crore) 4Q FY17 4Q FY16 Y-o-Y Q-o-Q rise in oil price 84,189 Turnover 92,889 63,954 45.2% 10.3% Y-o-Y turnover growth led by sharp increase on oil prices (+58%) 9,525 Segment EBIT 9,667 9,
Slide 8: Consolidated EBIT: 4Q FY17 vs. 4Q FY16
Consolidated EBIT : 4Q FY17 vs. 4Q FY16 10200 Segment EBIT growth of 2.9% Y-o-Y 706 333 10000 Refining EBIT flat 115 131 9800 Petchem EBIT up 25.8% Y-o-Y 9667 9600 Retail EBIT up by 89.8% Y-o-Y ` crore 9396 86 Petchem earnings driven by strong 9400 margin in downstream polyester, MEG 9200
Slide 9: R & M Segment Performance
R & M Segment Performance EBIT (` crore) GRM ($/bbl) Record FY17 EBIT at ` 25,056 crore, up 6.5% 10.8 11.5 10.8 11.0 GRM of $ 11.0/bbl, 8-year high 10.8 25,056 23,534 Crude throughput of 70.1 MMT 6,380 6,194 6,294 Strong oil demand growth momentum Global oil demand up 1.6 mb/d in 2016 In
Slide 10: Petrochemicals Segment Performance
Petrochemicals Segment Performance Record FY17 EBIT of ` 12,990 crore, up 27.5% EBIT (` crore) EBIT Margin (%) 14.6 14.0 13.1 13.0 12.4 EBIT margin at five year high level 12,990 3,326 3,441 Recovery in polyester chain deltas, firm 2,735 10,186 polymer deltas and favourable naphtha cracking ec
Slide 11: Oil & Gas Segment Performance
Oil & Gas Segment Performance FY17 EBIT at ` -1,584 crore US Shale (` crore) Domestic (` crore) Upstream business impacted by low commodity price environment US shale production at 162.5 BCFe, down 20%, development slowdown and natural declines -295 impacted volumes -417 -486 -944 -1584 Unit
Slide 12: Retail Segment Performance
Retail Segment Performance FY17 turnover at ` 33,765 crore, up 60.2% EBIT (` crore) EBIT Margin (%) 2.4 Led by strong growth in digital, petroleum retail 2.7 2.3 2.3 2.4 and fashion & lifestyle segments 784 Positive impact of demonetization for organized 231 243 504 retail sector 128 EBIT at
Slide 13: Refining & Marketing
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Slide 14: Performance Highlights
Performance Highlights R&M EBIT (` crore) GRM ($/bbl) Operational Flexibility Drives Record 10.8 11.5 11.5 12 Performance 8,000 10.8 10.1 6,380 6,593 6,000 5,975 6,194 6,294 9 FY17 record EBIT of ` 25,056 crore, up 1.8% ` Crore GRM of $ 11.0/bbl $/bbl 4,000 6 Crude throughput 70.1 MMT 2,000 3
Slide 15: Oil Demand: Continuing Growth Momentum
Oil Demand : Continuing Growth Momentum Strong demand growth continued in 2016 Oil Demand Growth led by low price environment mb/d 2014 2015 2016 2017 (E) 5th consecutive year of >1Mb/d growth US 0.15 0.42 0.10 0.05 >40% of growth led by India and China Russia 0.20 -0.04 0.14 0.07 Gasoline d
Slide 16: Business Environment – 4Q FY17
Business Environment – 4Q FY17 Global oil demand grew by 1.1 mb/d Y-o-Y in 4Q $/bbl Oil Prices led by Asia, Middle East and Europe 60 Strong heating fuel oil demand in Europe Uptick in oil prices– 18-month-high reached in Feb 40 Brent averaged $ 53.8/bbl, up 8.7% Q-o-Q 20 $/bbl Brent Dubai
Slide 17: Global Refining Margins
Global Refining Margins BENCHMARK REFINING MARGINS ($/bbl) BENCHMARK REFINING MARGINS ($/bbl) 3Q FY17 4Q FY17 FY2016 FY2017 14 14 11.5 11.7 12 10.8 12 10.8 11.0 10 8.9 9.5 10 8.7 8 7.5 6.7 6.7 6.4 8 5.9 6.3 5.8 6 6 5.3 4 4 2 2 0 0 US Europe Singapore RIL US Europe Singapore RIL On a Q-o-Q basis, r
Slide 18: Regional Business Environment
Regional Business Environment FY2016 FY2017 FY2016 FY2017 8 7.1 25 7 6.1 19.8 19.3 18.7 18.8 6 20 5 14.4 14.6 14.8 4 15 $/bbl 11.6 $/bbl 3 2 10 0.7 1.1 1 0.3 0 5 -1 -0.5 -2 -1.2 0 -3 -1.9 1Q 4Q 1Q FY16 4Q FY17 FY16 FY17 Naphtha cracks were higher Q-o-Q Gasoline cracks remained firm Q-o-Q Strong de
Slide 19: Regional Business Environment
Regional Business Environment FY2016 FY2017 FY2016 FY2017 16 16 13.7 13.8 13.5 14.1 14 14 12.3 12.1 11.8 11.7 10.8 10.5 12 11.1 11.1 11.3 12 11.0 10.9 10 9.6 10 $/bbl $/bbl 8 8 6 6 4 4 2 2 0 0 1Q 4Q 1Q FY16 4Q FY17 FY16 FY17 Gasoil cracks remained supported Q-o-Q Jet/Kero cracks were lower Q-o-Q L
Slide 20: Regional Business Environment
Regional Business Environment FY2016 FY2017 FY2016 FY2017 0 4 3.4 3.2 -2 4 2.8 2.7 2.8 2.9 2.9 3 2.7 -4 -2.7 3 $/bbl $/bbl -6 -4.9 -5.1 -4.3 2 -8 -5.8 2 -7.3 1 -10 -9.1 1 -9.5 -12 0 1Q 4Q 1Q 4Q FY16 FY17 FY16 FY17 Fuel oil cracks weakened Q-o-Q AL-AH Differential marginally lower Fuel oil inventor
Slide 21: Strategic Advantage
Strategic Advantage Feedstock supply security Base load heavies termed up for supply security Feedstock 1 more value enhancing crude added to the basket in Q4 include a heavy flexibility 20 API crude from Canada Responsiveness Competitive Brent-linked crude sourcing maximized; placement of various t
Slide 22: Robust Domestic Demand Growth
Robust Domestic Demand Growth 90 Domestic Demand Y-o-Y (in MMT) MMT RIL refinery product sales – 80 1.8% 4QFY17 70 (in MMT) 60 4.2 11.9% 50 40 30 8.8% 9.8% 10.1 20 3.2 -0.1% 12.1% -21.0% 10 0 Exports Captive Domestic MS HSD ATF Kerosene LPG Naphtha Others FY 2016 FY 2017 Overall demand growth of 5
Slide 23: Domestic Marketing – Retail
Domestic Marketing – Retail Network strength now at 1,221 outlets RETAIL SALES VOLUME Retail HSD volumes up 69% Q-o-Q 1093 Volume in TKL Market Share increased from 2.5% to 5% 711 682 672 537 Diesel throughput per outlet at 2.4x over key 398 competitors Trans-connect customer base up 4 fol
Slide 24: Domestic Marketing - Bulk and Others
Domestic Marketing - Bulk and Others ATF RIL has leadership market share at 30% of the airports it operates Refuels 1 aircraft every 3.5 minutes, handling ~425 flights daily 4Q FY17 sales volume up 5% Y-o-Y FY17 sales volumes up 20% vs. industry growth of 12% Bulk HSD Sectoral focus helped
Slide 25: R&M Business Outlook
R&M Business Outlook Oil demand growth is expected at 1.32mb/d in 2017; driven by India and China Refining capacity addition lagged incremental demand in 2016 – likely to continue for 2017 Near term Asian refining margins to remain firm supported by heavy maintenance in Asia and planned refine
Slide 26: Petrochemicals
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Slide 27: Business Environment 4Q FY17
Business Environment 4Q FY17 Feedstock prices tracked firm crude prices SEA Integrated Margin Q-o-Q Dubai Crude up 10%, Naphtha up 11% 1000 Margin 5 Yrs. Avg. SEA Ethylene margins remained firm driven by higher by-product credits 800 Asian propylene margin improved Q-o-Q due to unplanned shu
Slide 28: Petrochemicals Performance Highlights
Performance Highlights Record quarterly and full year performance Petchem EBIT (` crore) EBIT Margin (%) 6,000 5,000 15.2 14.6 16 Stable to firm margin environment across 13.1 13.5 13.0 4,000 12 polymer and polyester chain 3,417 3,326 3,441 ` Crore 2,735 2,806 3,000 8 Lower volumes on account
Slide 29: Polymer & Elastomer
Reliance Industries Limited Polymer & Elastomer | 29
Slide 30: Business Environment - Polymers
Business Environment - Polymers Polymer Demand (FY17 Vs FY16) 4Q FY17 demand down 2% Y-o-Y – demand India China normalized towards the end of the quarter 12% 11% 10% Government measures like increase in 8% 8% 8% 7% 7% current account withdrawal limit restored liquidity in the market 4% 4% 3% N
Slide 31: Polymer Delta Scenario
Polymer Delta Scenario PP-Propylene HDPE-Naphtha PVC-Naphtha-EDC PP- Propylene 5 Year Avg PVC-Nap-EDC 5 Year Avg HDPE-Naphtha 5 Year Avg 599 400 1000 600 531 527 306 776 768 451 440 294 800 704 669 721 252 400 218 600 $/MT $/MT $/MT 200 176 400 200 200 0 0 0 4Q 3Q 4Q FY16 FY17 4Q 3Q 4Q FY16 FY17 4Q
Slide 32: Operational Highlights
Operational Highlights RIL Production RIL Polymer production down 6.3% Y-o-Y (In KT) 4Q FY16 4Q FY17 PP production was down 9% Y-o-Y due to PP 701 636 planned FCCU shutdown which started in PE 252 255 3Q FY 17 and continued in 4Q FY 17 PVC 187 178 PVC production was down by 5% Y-o-Y TOTAL 1141
Slide 33: Business Outlook – Polymer Chain
Business Outlook – Polymer Chain Limited merchant ethylene availability and unplanned shutdown to strengthen ethylene margins Regulatory pressures in China to further impact unconventional capacities (CTO/MTO) PE net import volumes in the subcontinent likely to fall due to addition of domestic
Slide 34: Elastomer Margin Environment and Outlook
Elastomer Margin Environment and Outlook SBR-BD-Styrene Sharp increase in Butadiene prices capped PBR/SBR SBR - BD - Styrene 5 Year Avg deltas Butadiene prices shot up 66% Q-o-Q globally in 4Q 540 due to Strong auto sector demand 297 303 347 328 363 340 Planned/ unplanned shutdowns in NEA regi
Slide 35: Polyester Chain
Reliance Industries Limited Polyester Chain | 35
Slide 36: Business Environment – Polyester
Business Environment – Polyester Polyester chain witnessed firm price recovery Integrated Polyester Margin supported by strong feedstock environment 800 Continued high polyester utilization rates resulted in balanced fundamentals in Asia 700 600 PX market strengthened with healthy buying from
Slide 37: Business Environment – Polyester
Business Environment – Polyester Domestic Demand Growth 4Q FY17 domestic demand declined 5% Y-o-Y (FY17 vs FY16) 6% Impacted by low liquidity and higher prices High downstream polyester inventory led to 3% 3% need based buying -1% Filament demand was largely stable Lower offtake from fabri
Slide 38: RIL Operational Highlights
RIL Operational Highlights Production (KT) 4Q FY16 4Q FY17 Production (KT) 4Q FY16 4Q FY17 PX 595 701 POY 186 208 PTA 994 1016 PSF 160 157 MEG 192 168 PET 244 215 TOTAL 1780 1885 TOTAL 591 580 Commissioning of new PX plant strengthened polyester chain portfolio and contributed to the chain product
Slide 39: Business Outlook – Polyester Chain
Business Outlook – Polyester Chain Fiber Intermediaries Downstream Polyester PX markets expected to remain strong Polyester operating rates likely to remain with several planned outages and delays high with the onset of seasonal textiles in new capacity additions demand Upcoming peak gasoline
Slide 40: Jamnagar Projects
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Slide 41: PX4 phase 2 – Crystallizer Train 2 in operation
PX4 phase 2 – Crystallizer Train 2 in operation 41
Slide 42: PX4 phase 2 – Transalkylation unit in Operation
PX4 phase 2 – Transalkylation unit in Operation 42
Slide 43: PX4 phase 2 – AE unit in operation
PX4 phase 2 – AE unit in operation 43
Slide 44: Scanfiner unit in operation
Scanfiner unit in operation 44
Slide 45: Scanfiner unit in operation
Scanfiner unit in operation 45
Slide 46: C2 Complex – ROGC under commissioning
C2 Complex – ROGC under commissioning 46
Slide 47: ROGC – CGC Trial runs completed
ROGC – CGC Trial runs completed 47
Slide 48: ROGC – Area F under commissioning
ROGC – Area F under commissioning 48
Slide 49: ROGC – Exchanger train under commissioning
ROGC – Exchanger train under commissioning 49
Slide 50: MEG – Carbonate section under commissioning
MEG – Carbonate section under commissioning 50
Slide 51: MEG – Tankage under commissioning
MEG – Tankage under commissioning 51
Slide 52: LLDPE – Major areas construction complete
LLDPE – Major areas construction complete 52
Slide 53: LLDPE – Equipment under commissioning
LLDPE – Equipment under commissioning 53
Slide 54: C2 Complex – Cryogenic tank and Flares complete
C2 Complex – Cryogenic tank and Flares complete 54
Slide 55: LLDPE – CGC Trial runs complete
LLDPE – CGC Trial runs complete 55
Slide 56: LLDPE – Blending Silos construction complete
LLDPE – Blending Silos construction complete 56
Slide 57: LLDPE – Bagging Machines Trial run complete
LLDPE – Bagging Machines Trial run complete 57
Slide 58: LDPE – Reactor service test complete
LDPE – Reactor service test complete 58
Slide 59: LDPE – Booster Compressor under testing
LDPE – Booster Compressor under testing 59
Slide 60: LDPE – Purification Unit under testing
LDPE – Purification Unit under testing 60
Slide 61: Gasification – Module 1 construction complete
Gasification – Module 1 construction complete 61
Slide 62: Gasification – MED commissioned
Gasification – MED commissioned 62
Slide 63: Gasification – Deaerator commissioned
Gasification – Deaerator commissioned 63
Slide 64: Gasification – LTHR under commissioning
Gasification – LTHR under commissioning 64
Slide 65: Gasification – ASU-1 under commissioning
Gasification – ASU-1 under commissioning 65
Slide 66: Gasification – ASU-1 under commissioning
Gasification – ASU-1 under commissioning 66
Slide 67: Gasification - ETP commissioned
Gasification - ETP commissioned 67
Slide 68: CPPs in operation
CPPs in operation Reliance Industries Limited NY = Wa ee:
Slide 69: Os&Us – MED in operation
Q Reliance Industries Limited Os&Us — MED in operation
Slide 70: DMD Ethane – VLEC unloading in operation
DMD Ethane – VLEC unloading in operation 70
Slide 71: DMD Ethane – Cryogenic tank in operation
DMD Ethane – Cryogenic tank in operation 71
Slide 72: DMD Ethane – Plants commissioned
DMD Ethane – Plants commissioned 72
Slide 73: DMD Ethane – Plants commissioned
DMD Ethane – Plants commissioned 73
Slide 74: DMD Ethane – Control building commissioned
DMD Ethane – Control building commissioned 74
Slide 75: Oil and Gas – Exploration and Production
Oil and Gas – Exploration and Production 75
Slide 76: Domestic E&P - Production Update
Domestic E&P - Production Update 4Q FY17 (JV Production) KGD6 Panna Mukta Gas Production (Bcf) 23.45 14.8 Oil Production (mmbbl) 0.28 1.44 Condensate Production (mmbbl) 0.06 - Gas realization ($/mmbtu) 2.5 (GCV basis) 5.73 (NCV basis) Oil realization ($/bbl) 50.98 57.18 Note: RIL share of total dome
Slide 77: CBM – Update
CBM – Update Start-up Plan Phase I development completed Commenced Commercial Production from SP(W) block on March 2017 Ramp-up plan for next 15-18 months in place Marketing Plan Blocks connected with Indian Gas Grid via SHPPL / HVJ GoI notified Marketing & Pricing Freedom – Process of pri
Slide 78: CBM – Infrastructure and Capex
CBM – Infrastructure and Capex RIL has invested ~$ 500 MM in CBM and Pipeline GGS12 Over 200 wells competed and connected to 2 Gas Gathering Station & 8 Water Gathering ~200 km of gathering network (gas, water, electricity and fibre lines) laid and commissioned. Sohagpur-Phulpur pipeline con
Slide 79: Shahdol-Phulpur Pipeline
Shahdol-Phulpur Pipeline 300 km Shadol-Phulpur pipeline linked to national gas grid to access end consumers 79
Slide 80: Oil & Gas: Shale Gas Business
Oil & Gas: Shale Gas Business 80
Slide 81: Price Environment: Natural Gas
Price Environment: Natural Gas Natural Gas Export Trends Improved market conditions - Better prices and lower differentials HH Gas prices improved 11% Q-o-Q to $3.32/Mmbtu in 4Q FY17 Averaged 17% higher YoY at $2.85/Mmbtu for the full year, with most of the recovery witnessed during 2H-FY17
Slide 82: Price Environment: WTI and NGL
Price Environment : WTI and NGL WTI: WTI Price Trend Oil price trends in 4Q FY17 mixed: Stable prices during early 4Q FY17, but lost ground in Mar’17 on increasing activity levels & rising US production US oil production increased ~430 kbpd Q-o-Q US oil rig count increased by 137 units in 4Q F
Slide 83: Business Performance Highlights
Business Performance Highlights % Chg vs. % Chg vs. 4Q FY17 3Q FY17 4Q FY16 FY17 FY16 3Q FY17 FY16 Production (Bcfe) 39.1 37.5 50.6 4% 162.5 205.1 -21% Revenues ($ MM) 112 93 82 20% 387 451 -14% EBITDA* ($ MM) 40 32 28 25% 134 236 -43% *Excludes IndAS (FCM to SEM) adjustments of $250 million in FY16
Slide 84: Reliance Retail
Q Reliance Industries Limited @TRENDS ~~ Reliance Retail
Slide 85: Reliance Retail is India's Largest Retailer
Reliance Retail is India’s Largest Retailer Reach >3.6 mn 702 30 million Customers served every week Cities Loyalty customer base Scale 3,616 448 13.50 m sq ft Retail stores Petro outlets (COCO) Retail space >1.7 million >20% >75,000 Garments sold every week Market share in UHD TVs People employed >
Slide 86: Strong and Sustainable Growth
Strong and Sustainable Growth Reliance Retail Revenue (₹ Crore) Reliance Retail EBITDA (₹ Crore) 366 10,332 333 8,688 8,079 264 237 240 6,666 221 5,901 5,646 198 201 4,572 4,956 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 2015-16 2016-17 2015-16 2016-17 Reliance Retail recognized as India’s To
Slide 87: Performance Highlights
Performance Highlights Strong growth across all consumption baskets 45,000 Revenue PDBIT 1400 1,203 1200 Crossed a milestone of achieving quarterly 35,000 33,765 857 1000 revenue of ` 10,000 crore Revenues PBDIT 25,000 21,075 800 FY17 revenue up 60% Y-o-Y 15,000 600 400 EBITDA up 40% Y-o-Y 5
Slide 88: Contribution From Consumption Baskets
Contribution From Consumption Baskets Consumer Electronics and Petro lead the growth pack Turnover Mix – FY17 Turnover Mix – FY16 Grocery 10% 19% 32% Consumer Electronics 41% 20% 15% Fashion & Lifestyle Petro Retail 29% 34% 88
Slide 89: Fashion & Lifestyle
Fashion & Lifestyle 344 Trends stores, presence in 186 cities New concept of ‘Trends Woman’ stores launched Concept offers trendy, high-fashion and well-curated collections of Indian women wear Signed up exclusive long term partnership with ‘Flormar’, Turkey’s Number 1 Beauty and Color Cosme
Slide 90: Consumer Electronics
Consumer Electronics Largest retail chain with presence in over 600 cities 1,996 Reliance Digital and Jio stores Better conversions, targeted promotions and localized assortment drives growth and profitability in Tier 2 cities Outperforming industry growth across major categories such as Mob
Slide 91: Grocery
Grocery Reliance Smart concept continues to drive robust sales growth across all regions Reliance ‘Smart’ extended to 77 stores Fresh and Smart stores offered special promotions with visa during March 2017 to encourage non-cash mode of payments. Launched new products covering Personal Care,
Slide 92: Fashion Omni-Commerce
Fashion Omni-Commerce AJIO enhances features for a better customer experience IMPS, EMI, Automated refunds, Similar Style Recommendations, Doorstep QC for faster refunds, etc. Expanding its retail presence to 290 counters in Trends stores Launched “Kids Wear” Category for Boys, Girls and Bab
Slide 93: Device Distribution Business
Device Distribution Business Over 2.6 million LYF and JioFi devices sold in 4Q FY17 Launched LYF Jio Money Consumer Offer JioFi: Online and offline integration by offering customers option of Home Delivery of Device as well as SIM (in selected locations) 93
Slide 94: Petro Retail - Owned Outlets
Petro Retail - Owned Outlets FY17 revenue of ₹ 6,357 crore up by 189% Y-o-Y 4Q FY17 revenue of ₹ 2,460 crore up by 179% Y-o-Y 448 owned retail outlets operational as of 31st March, 2017 Opened 35 new outlets during the quarter RSP discount scheme across India has seen overwhelming response
Slide 95: Reliance Jio
Q Reliance Industries Limited Reliance Jio 95
Slide 96: Jio: Resetting Global Digital Benchmarks
Jio: Resetting Global Digital Benchmarks 108.9 Mn all figs in mn SUBSCRIBERS AS OF JK: 1.3 31-Mar-2017 PB: 4.9 HP: 1.0 UPW: 5.8 NE: 0.9 Largest migration from free to paid HR: 2.8 DL: 7.7 services in history RJ: 5.4 UPE: 6.9 AS: 1.5 Overwhelming demand for “Jio Prime BR : 6.0 membership”, with 7
Slide 97: Indian Digital Economy Set for Exponential Growth
Indian Digital Economy Set for Exponential Growth India’s digital economy projected to double to ~USD 250 Billion by 2020 Mobile led digital adoption drivers: Reliable high speed 4G availability Proliferation of quality digital content ~650Mn mobile internet user base by 2020 Mass afford
Slide 98: Jio is Catalyzing India's Digital Adoption
Jio is Catalyzing India’s Digital Adoption Only ubiquitous 4G coverage India mobile data traffic pattern in Cr GB per month High speed and quality coverage (world’s largest Pre-Jio With-Jio greenfield 4G LTE wireless broadband network, Total market with over 100,000 mobile towers) 100 Cr Targe
Slide 99: India Mobile Internet Pre-Jio vs With Jio
India Mobile Internet Pre-Jio vs With Jio 99
Slide 100: Jio network speed and coverage consistently the best
Jio network speed and coverage consistently the best as validated by MySpeed app Jio’s network speed and coverage consistently rated the highest by most reliable sources As per TRAI MySpeed Portal, Jio’s average download speed at 15.0Mbps in March is almost twice of any other operator Unverifi
Slide 101: Jio offers best value proposition in world's largest migration
Jio offers best value proposition in world’s largest migration from free to paid services Jio Dhan Dhana Dhan is an ALL UNLIMITED plan with special benefits Value for money plan in all-in-one tariff Most Affordable at Rs. 309 / 509 for Jio Prime Users (ALL UNLIMITED) – Voice, SMS and Data (1
Slide 102: Jio Media Apps
Jio Media Apps Jio Media Apps are the most differentiated; most apps nominated in their respective categories at MWC More channels added; 432+ TV channels in 15 languages 7 day catch up TV Nearest other app with just over 200 channels 6,000+ movies; 1 Lakh+ episodes of TV; 60k+ Music Video;
Slide 103: Wide Recognition
Wide Recognition Jio has been widely acknowledged for the cutting edge technology initiative Reliance Jio received the award for Social & Economic Development: Best Mobile Innovation for Emerging Markets at the Mobile World Congress 2017 The award is a recognition of Jio’s efforts at improving b
Slide 104: Summary
Reliance Industries Limited Summary 104
Slide 105: Summary
Summary Performance Record operating performance Strong refining cycle – GRMs at 8 year high Higher volumes and supportive deltas driving record Petrochemical earnings Highest ever refining throughput, petrochemical production Value creation PX capacity commissioned Ethane import project
Slide 106: Thank You
(2 Thank You
Reliance Industries — Q4 FY2016-17 Earnings Presentation on 6ix