SWARAJ  MAZDA  LIMITED
     
KEY  PERFORMANCE  INDICATORS  -  LAST  ELEVEN  YEARS
Rs. Million
  1994-95 1995-96 1996-97 1997-98 1998-99 1999-00 2000-01 2001-02 2002-03 2003-04 2004-05
Sales (Nos.) 3516 4231 3726 3303 2975 3983 5069 6222 8101 10279 12353
Net  Revenue 1348 1654 1622 1510 1372 1855 2360 2978 3723 4777 5899
Operating Profit 49 97 125 125 91 90 137 178 277 361 443
Margin 3.6% 5.9% 7.7% 8.3% 6.6% 4.9% 5.8% 6.0% 7.4% 7.6% 7.5%
Interest 35 40 65 45 47 39 57 58 31 16 40
Cash Profit 14 57 60 80 44 51 80 120 246 345 403
Margin 1.0% 3.4% 3.7% 5.3% 3.2% 2.7% 3.4% 4.0% 6.6% 7.2% 6.8%
Depreciation 10 11 11 11 13 14 15 16 21 21 25
Profit Before Tax (PBT) 4 46 49 69 31 37 65 104 225 324 378
Margin 0.3% 2.8% 3.0% 4.6% 2.3% 2.0% 2.8% 3.5% 6.0% 6.8% 6.4%
Extra Ordinary Item                -- 29 -- 6 -- -- -- -- -- -- --
Income Tax -- -- -- 8 5 9 25 36 79 114 136
Profit After Tax (PAT) 4 75 49 67 26 28 40 68 146 210 242
Dividend                      
- Rate -- -- -- -- -- 10% 15% 25% 45% 70% 75%
- Outflow -- -- -- -- -- 13 17 26 53 83 90
- Payout Ratio -- -- -- -- -- 46% 43% 38% 36% 40% 37%
Equity Share Capital 105 105 105 105 105 105 105 105 105 105 105
Net Worth (81) (5) 44 111 136 152 174 188 281 408 561
Earnings Per Share (Rs.) 0.4 7.2 4.7 6.4 2.4 2.7 3.8 6.5 13.9 20.0 23.1
Book Value Per Share (Rs.) -- -- 4.2 10.6 13.0 14.5 16.6 17.9 26.8 38.9 53.5
Return on Avg. Net Worth -- -- -- -- 20.8% 19.8% 24.4% 37.3% 62.2% 60.9% 50.0%