Overall Performance of Corporate Sector

This table presents summary statistics from a sample of 979 companies for which audited annual reports are observed for the last five consecutive years.

Growth

For a frame of reference, inflation over these years has been running at roughly 9%.

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                        1989-90     1993-94      Average annual
                        (Rs.bln)    (Rs.bln)         growth (%)
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Sales                       867        1623              17
 of which, Exports           50         146              31
Value Added                 161         328              19

Operating Profit            115         246              21
Net Profit                   32          91              30

Net Worth                   237         671              30
Gross Fixed Assets          525        1151              22
Total Assets                774        1743              23
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Key Ratios

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                                1989-90     1993-94
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Sales / Total Assets               1.17        0.98
Debt : Equity                      1.29        0.88
Operating Profit / Sales          13.30%      15.15%
RONW                              15.56%      15.58%
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Source: Corporate Finance: Industry Aggregates, CMIE, November 1994

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Centre for Monitoring Indian Economy, Bombay
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Last updated: May 1995.