Consistent growth over ten years

Turnover (Rs crore) Net Profit (Rs crore)

73,164 7,572
80,000 8,000

56,247
60,000 50,096 6,000 5,160
45,404 4,104
40,000 4,000 3,243
2,646
2,403
15,847 1,653 1,704
20,000 2,000 1,305 1,323
5,727 6,442 9,719 23,024
10,624
- -
1995-96

1996-97

1997-98

1998-99

1999-00

2000-01

2001-02

2002-03

2003-04

2004-05

1995-96

1996-97

1997-98

1998-99

1999-00

2000-01

2001-02

2002-03

2003-04

2004-05
Net Worth (Rs crore) Market Capitalisation (Rs crore)

50,000 80,000 75,132 76,079

40,403
40,000
30,327 60,000
30,000 27,812 34,453 41,989
40,000 33,346
20,000 41,191
13,983 38,603
11,983 16,518
8,405 20,000
10,000 14,765 9,783
12,369 12,176
8,471 14,395
- -
1995-96

1996-97

1997-98

1998-99

1999-00

2000-01

2001-02

2002-03

2003-04

2004-05

1995-96

1996-97

1997-98

1998-99

1999-00

2000-01

2001-02

2002-03

2003-04

2004-05
EPS (Rs) Book Value (Rs)

350

289.9
60 300
54.2
246.7
50 250
217.2
199.2
40 36.8 200
29.3 140.1
30 25.1 150 128.3 129.8 129.9
22.4 23.4
20 17.6 18.0
100 89.5 92.0
14.0 14.4
10 50

0 0
1995-96

1996-97

1997-98

1998-99

1999-00

2000-01

2001-02

2002-03

2003-04

2004-05

1995-96

1996-97

1997-98

1998-99

1999-00

2000-01

2001-02

2002-03

2003-04

2004-05

4 RELIANCE INDUSTRIES LIMITED

 Growth is Life 5
Financial highlights
(Rs in crore)
2004-05 03-04 02-03 01-02 00-01 99-00 98-99 97-98 96-97 95-96 1985
US$ Mn

Turnover 16,725 73,164 56,247 50,096 45,404 23,024 15,847 10,624 9,719 6,442 5,727 733

Total Income 17,057 74,614 57,385 51,097 46,186 23,407 16,534 11,232 10,055 6,731 5,999 744

Earnings Before 3,260 14,261 10,983 9,366 8,658 5,562 4,746 3,318 2,887 1,948 1,752 139
Depreciation, Interest
and Tax (EBDIT)

Depreciation 851 3,724 3,247 2,837 2,816 1,565 1,278 855 667 410 337 37

Profit After Tax 1,731 7,572 5,160 4,104 3,243 2,646 2,403 1,704 1,653 1,323 1,305 71

Equity Dividend % 75 52.5 50 47.5 42.5 40 37.5 35 65 60 50

Dividend Payout 239 1,045 733 698 663 448 385 350 327 299 276 25

Equity Share Capital 318 1,393 1,396 1,396 1,054 1,053 1,053 933 932 458 458 52

Equity Share Suspense - - - - 342 - - - - - - -

Reserves and Surplus 8,918 39,010 33,057 28,931 26,416 13,712 12,636 11,183 10,863 8,013 7,747 254

Net Worth 9,236 40,403 34,453 30,327 27,812 14,765 13,983 12,369 11,983 8,471 8,405 311

Gross Fixed Assets 13,706 59,955 56,860 52,547 48,261 25,868 24,662 22,088 19,918 14,665 11,374 736

Net Fixed Assets 8,020 35,082 35,146 34,086 33,184 14,027 15,448 15,396 14,973 11,173 9,233 607

Total Assets 18,422 80,586 71,157 63,737 56,485 29,875 29,369 28,156 24,388 19,536 15,038 1,046

Market Capitalisation 17,391 76,079 75,132 38,603 41,989 41,191 33,346 12,176 16,518 14,395 9,783 906

Number of Employees 12,113 11,358 12,915 12,864 15,083 15,912 16,640 17,375 16,778 14,255 9,066

Contribution to 3,194 13,972 12,903 13,210 10,470 4,277 3,719 2,893 3,021 2,490 2,234 373
National Exchequer

Key indicators
2004-05 03-04 02-03 01-02 00-01 99-00 98-99 97-98 96-97 95-96 1985
US$

Earnings Per Share Rs 1.2 54.2 36.8 29.3 23.4 25.1 22.4 18.0 17.6 14.4 14.0 6.9

Cash Earning 2.0 86.6 65.7 54.0 50.8 40.0 34.6 27.1 24.7 18.8 17.6 10.6
Per Share Rs

Turnover 12.0 525.0 402.8 358.8 325.2 218.5 150.4 113.8 104.1 70.0 62.2 70.5
Per Share - Rs

Book Value Per Share Rs 6.6 289.9 246.7 217.2 199.2 140.1 129.9 129.8 128.3 92.0 89.5 29.5

Debt: Equity Ratio 0.46:1 0.46:1 0.56:1 0.60:1 0.64:1 0.72:1 0.82:1 0.86:1 0.68:1 0.83:1 0.49:1 1.66:1

EBDIT / Gross Turnover % 19.5 19.5 19.5 18.7 19.1 26.8 30.6 31.2 29.7 30.2 30.6 19.0

Net Profit Margin % 10.3 10.3 9.2 8.2 7.1 12.8 15.5 16.0 17.0 20.5 22.8 9.7

RONW %* 21.9 21.9 17.0 14.8 16.1 20.0 21.8 19.0 21.6 22.3 25.3 30.5

1US$ = Rs 43.745 (Exchange rate as on 31.03.2005)

Per share figures upto 1996-97 have been recast to adjust for 1:1 bonus issue in 1997-98
Turnover excludes Merchant exports
* Adjusted for CWIP and revaluation