RATIOS BHARTI AIRTEL TATA RCOM(RELIANCE

AS AT 31.03.08 TELESERVICES(MAHARASTRA COMMUNICATION)

) LTD.
CURRENT RATIO 0.46 0.448 1.4

QUICK RATIO 0.452 0.446 1.3

FINANCIAL SLACK 0.0165 0.010 0.005

OVERALL EFFICIENCY 0.06 TIMES 0.334 TIMES 0.29 TIMES

FIXED ASSET 0.045 TIMES 0.571 TIMES 0.55 TIMES

TURNOVER
CURRENT ASSET 0.29 TIMES 3.74 TIMES 1.2TIMES
TURNOVER
WORKING CAPITAL -0.23 TIMES -3.04 TIMES 4.1 TIMES
EFFICIENCY
INVENTORY 16.68 TIMES 769 TIMES 89 TIMES
TURNOVER
DEBT-EQUITY RATIO 0.031 1.108 0.92

DEBT-ASSET RATIO 0.03 0.525 0.47

GROSS PROFIT RATIO 739.4% 7.34% 36.47%

COMPARATIVE RATIO ANALYSIS: (FOR FY:07-08)

TAKING RCOM AS A BASE COMPANY

RATIO RCOM TATA BHARTI AIRTEL
TELESERVICES(MAHARASTRA)
AS AT 31.03.08 (RELIANCE LTD.
COMMUNICATION)

CURRENT RATIO 100 32 32.85

QUICK RATIO 100 34.3 34.7

FINANCIAL 100 200 330

SLACK
OVERALL 100 115 20
EFFICIENCY

FIXED ASSET 100 103 8.1

TURNOVER

CURRENT ASSET 100 311 24

TURNOVER
WORKING 100 -2.5 -5.6
CAPITAL
EFFICIENCY
INVENTORY 100 864 18.74
TURNOVER
DEBT-EQUITY 100 120 3.3
RATIO
DEBT-ASSET 100 111 6.3
RATIO
GROSS PROFIT 100 20.1 2027
RATIO