Fixed assets management of reliance industries limited: An analysis through ratios

Pages: 520-523
Manisha (Department of Commerce, Monad University, Hapur, U.P.)

Fixed Assets management consists in planning the deployment of available capital for the purpose of maximizing the long term profitability of the firm. The present study attempts to know the fixed capital management of RIL in India in terms of ratios analysis and to analyze the factors responsible for the growth of RIL in India. The study also analyzed RIL’s fixed assets management for investment purpose. The study is an empirical one and it covers a period of five years ranging from 2008 to 2011 by using secondary data. The secondary data have been gathered from published annual reports and other such records for the relevant period of RIL and found that company’s overall position is very good. The company achieves sufficient profit in last five years. The long term solvency of the company is very satisfactory. The company is totally depends upon equity capital and loans. The fixed assets management in the terms of ratios of RIL is also found satisfactory.