RIL AR 2014 - 15 Employee Details
RIL AR 2014 - 15 Employee Details
RIL AR 2014 - 15 Employee Details
46-103
104-201
202-315
316-348
Corporate Overview
Management Review
Governance
Financial Statements
Shareholder Information
Employees Details
337
338
02-45
46-103
104-201
202-315
316-348
Corporate Overview
Management Review
Governance
Financial Statements
Shareholder Information
Employees Details
339
340
02-45
46-103
104-201
202-315
316-348
Corporate Overview
Management Review
Governance
Financial Statements
Shareholder Information
Employees Details
341
342
02-45
46-103
104-201
202-315
316-348
Corporate Overview
Management Review
Governance
Financial Statements
Shareholder Information
Employees Details
343
344
02-45
46-103
104-201
202-315
316-348
Corporate Overview
Management Review
Governance
Financial Statements
Shareholder Information
Employees Details
345
346
NOTES:
1.
2.
3.
4.
5.
02-45
46-103
104-201
202-315
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Corporate Overview
Management Review
Governance
Financial Statements
Shareholder Information
Employees Details
S r .
Name of Director/KMP and Designation
No.
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.
17.
18.
Mukesh D. Ambani
Chairman and Managing Director
Nikhil R. Meswani
Executive Director
Hital R. Meswani
Executive Director
P.M.S. Prasad
Executive Director
Pawan Kumar Kapil
Executive Director
Ramniklal H. Ambani
Non-Executive Director
Mansingh L. Bhakta
Non-Executive Director
Yogendra P. Trivedi
Non-Executive Director
Dr. Dharam Vir Kapur
Non-Executive Director
Mahesh P. Modi
Non-Executive Director
Prof. Ashok Mishra
Non-Executive Director
Prof. Dipak C. Jain
Non-Executive Director
Dr. Raghunath A. Mashelkar
Non-Executive Director
Adil Zainulbhai
Non-Executive Director
Nita M. Ambani
Non-Executive Director
Alok Agarwal
Chief Financial Officer
Srikanth Venkatachari
Joint Chief Financial Officer
K Sethuraman
Company Secretary and Chief
Compliance Officer
Remuneration
of Director/KMP
for financial year
2014-15
(` in crore)
% increase in
Remuneration
in the
Financial Year
2014-15
Ratio of
remuneration of
each Director/
to median
remuneration of
employees
15.00
Nil
205.71
12.03
(1%)
164.98
12.03
(1%)
164.98
6.03
Nil
82.69
2.42
(3%)
33.19
0.23
**
**
1.12
120%
15.36
1.36
152%
18.65
1.27
140%
17.42
1.06
**
**
1.17
125%
16.05
1.11
116%
15.22
1.28
145%
17.55
1.28
***
17.55
0.84
##
13.01
3%
Not Applicable
11.72
(11%)
Not Applicable
1.04
(12%)
Not Applicable
Comparison of the
Remuneration of
the KMP against the
performance of the
Company
Profit before
Tax increased
by 5.9% and
Profit After
Tax increased
by
3.3% in
financial
year
2014-15
Details not given as Ramniklal H. Ambani was a Director only for part of the financial year 2014-15 i.e. upto June 18,
2014
**
Details not given as Mahesh P. Modi was a Director only for part of the financial year 2014-15 i.e. upto February 15,
2015
347
348
Details not given as Nita M. Ambani was a not a Director in the financial year 2013-14
## Details not given as Nita M. Ambani was a Director only for part of the financial year 2014-15 i.e. w.e.f. June 18, 2014
ii)
The median remuneration of employees of the Company during the financial year was ` 7.29 lakh
iii) In the financial year, there was an increase of 3.71% in the median remuneration of employees;
iv) There were 24,930 permanent employees on the rolls of Company as on March 31, 2015;
v)
Relationship between average increase in remuneration and company performance:- The Profit before Tax for the
financial year ended March 31, 2015 increased by 5.9% whereas the increase in median remuneration was 3.71%. The
average increase in median remuneration was in line with the performance of the Company.
vi) Comparison of Remuneration of the Key Managerial Personnel(s) against the performance of the Company:
The total remuneration of Key Managerial Personnel declined by 1.93% from ` 74.72 crore in 2013-14 to ` 73.28 crore
in 2014-15 whereas the Profit before Tax increased by 5.9% to ` 29,468 crore in 2014-15 (` 27,818 crore in 2013-14).
vii) a)
Variations in the market capitalisation of the Company : The market capitalisation as on March 31, 2015 was `
2,67,268 crore (` 3,00,809 crore as on March 31, 2014)
b)
Price Earnings ratio of the Company was 11.75 as at March 31, 2015 and was 13.67 as at March 31, 2014
c)
Percent increase over/ decrease in the market quotations of the shares of the company as compared to the
rate at which the company came out with the last public offer in the year- The Company had come out with
initial public offer (IPO) in 1977. An amount of ` 1,000 invested in the said IPO would be worth ` 8.45 lakh as on
March 31, 2015 indicating a Compounded Annual Growth Rate of 19.98%. This is excluding the dividend accrued
thereon and benefit on account of shares received at the time of demerger.
viii) Average percentage increase made in the salaries of employees other than the managerial personnel in the last
financial year i.e. 2014-15 was 4.66 % whereas the decrease in the managerial remuneration for the same financial
year was 1.93%.
ix) The key parameters for the variable component of remuneration availed by the directors are considered by the Board
of Directors based on the recommendations of the Human Resources, Nomination and Remuneration Committee as
per the Remuneration Policy for Directors, Key Managerial Personnel and other Employees.
x)
The ratio of the remuneration of the highest paid director to that of the employees who are not directors but receive
remuneration in excess of the highest paid director during the year Not Applicable; and
xi) It is hereby affirmed that the remuneration paid is as per the as per the Remuneration Policy for Directors, Key
Managerial Personnel and other Employees.