abhishreshthaa
Abhijeet S
RELIANCE CAPITAL
To give millions of young Indians the power to realize their dreams, the opportunities to shape their own destiny and the means to realize their true and diverse potential.
Performance Review
It’s accounts for the year ended 31st March, 2007, along with the Director's Report, Letter to Shareholders and Management Discussion and Analysis, have been circulated to you.
• Gross income of Rs.2,158 crore - an increase of 128 per cent
• Net profit of Rs.703 crore - an increase of 23 per cent
• Earnings per share of Rs.30.73 - an increase of 16 per cent
• Book value of Rs. 215.7 per share - an increase of 18 per cent
• Total Assets of Rs. 6,708 crore
Strong Financial Platform
• It have created a strong financial platform that will be the bedrock for accelerated future growth.
• It’s net worth now stands at over Rs. 5,297 crore, as on 31st March, 2007, placing us among the top 3 private sector Indian companies in the financial services sector, after lClCl and HDFC.
• As before, It’s enjoy the highest credit ratings, of `A1' and `F1+', awarded by ICRA and FITCH, respectively.
COMPANY PROFILE
Reliance Money is a comprehensive financial solutions provider offering a complete basket of financial services.
Through Reliance Money , currently , a customer will be able to transact amongst others, in equity and commodity , derivatives , offshore investments, IPO’s , mutual funds and insurance products.
At present the company has more than 350 employees across 75 locations with a total number of 42 offices.
Reliance Money can be segregated into 4 main products which include:
Board Of Directors:-
- Reliance Capital is today India's fastest growing financial services powerhouse, with over 5 million customers.
- The customer base is served by one of the most extensive and technologically advanced distribution networks, comprising over 3,600 outlets in nearly 700 towns and cities across the country.
- An integral member of the Reliance ADA Group, Reliance is the bearers of a proud name, and an even prouder legacy.
- Reliance ADA Group, barely two years in the making, now ranks among India's top 3 business houses.
- We have a strong presence across a wide array of high-growth consumer-facing businesses – from telecom and financial services to energy and power, from media and entertainment to healthcare.
- Across different companies, Reliance ADA group touch the lives of over 100 million customers, or over 1 in every 10 young and inspirational Indians every single day.
- Reliance ADA group enjoys the unparalleled trust, faith and confidence of nearly 7 million shareowners – the largest such family in India, perhaps even in the world.
- Reliance ADA Group is among the largest employers in the country, with a young, highly trained and motivated workforce approaching 1,00,000-strong.
- Reliance have a Group market capitalization of over Rs 1,57,000 crore, having added over Rs 1,42,000 crore or over Rs 300 crore of shareholder wealth creation every single working day over the past two years.
- Reliance ADA group net worth is in excess of Rs 40,000 crore.
- It’s cash flows across the Group are approximately Rs 9,000 crore and Net profit is over Rs 5,000 crore.
- It’s current Group net worth and debt structure gives us the capacity to borrow, on a conservative basis, over Rs 1,00, 000 crore.
- But Reliance Capital, like the Reliance ADA Group, is not just about scale and size.
- It is also the about the pursuit of excellence; of values that embody the spirit of New India — the new resurgent India of the 21st century.
- It’s goal is not just to build a great enterprise for its stakeholders, but also to build a great future for our country:
To give millions of young Indians the power to realize their dreams, the opportunities to shape their own destiny and the means to realize their true and diverse potential.
Performance Review
It’s accounts for the year ended 31st March, 2007, along with the Director's Report, Letter to Shareholders and Management Discussion and Analysis, have been circulated to you.
• Gross income of Rs.2,158 crore - an increase of 128 per cent
• Net profit of Rs.703 crore - an increase of 23 per cent
• Earnings per share of Rs.30.73 - an increase of 16 per cent
• Book value of Rs. 215.7 per share - an increase of 18 per cent
• Total Assets of Rs. 6,708 crore
Strong Financial Platform
• It have created a strong financial platform that will be the bedrock for accelerated future growth.
• It’s net worth now stands at over Rs. 5,297 crore, as on 31st March, 2007, placing us among the top 3 private sector Indian companies in the financial services sector, after lClCl and HDFC.
• As before, It’s enjoy the highest credit ratings, of `A1' and `F1+', awarded by ICRA and FITCH, respectively.
COMPANY PROFILE
Reliance Money is a comprehensive financial solutions provider offering a complete basket of financial services.
Through Reliance Money , currently , a customer will be able to transact amongst others, in equity and commodity , derivatives , offshore investments, IPO’s , mutual funds and insurance products.
At present the company has more than 350 employees across 75 locations with a total number of 42 offices.
Reliance Money can be segregated into 4 main products which include:
- 1- Reliance Life Insurance Plans
- 2- Reliance General Insurance policies
- 3- Reliance Mutul Funds
- 4- Reliance On line trading facility
Board Of Directors:-
- 1. Anil Dhirubhai Ambani,Chairman
- 2. Amitabah Jhunjhunwala,Vice Chairman
- 3. Rajendra P. Chitale,Director
- 4. C.P. Jain,Director