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The 20 largest companies in India

Last updated on: December 10, 2010 17:09 IST
India's manufacturing sector booms.
Indian companies have become bigger and stronger in the last ten years with the average revenue of a company on the Fortune India 500 list standing at Rs 7,632.5 crore (Rs 76.32 billion).

Eight of the largest corporations on the list, led by Indian Oil, are also on the Fortune Global 500 list.

The total revenue of the Fortune India 500 companies stands at Rs 38,16,239.40 crore. That's more than 60 per cent of India's total GDP.

The Fortune India 500 is an annual list published by Fortune India magazine.

Among the 12 largest companies from BRIC (Brazil, Russia, India and China) there are 7 Chinese, 2 Russian, 2 Brazilian and only one Indian company.

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The 20 largest companies in India

Last updated on: December 10, 2010 17:09 IST
A worker at an Indian Oil petrol pump.

1. Indian Oil Corporation

From a small company with Rs 78 crore in 1965, Indian Oil Corporation has since grown over 3,000 times with a sales turnover of Rs 257,559.91 crore (Rs 2.57 trillion) today.

Its business spans across the entire hydrocarbon value chain -- from refining, pipeline transportation and marketing of petroleum products to exploration and production of crude oil & gas, marketing of natural gas, and petrochemicals.

Established in 1959, it also features in the Fortune Global 500 listing, ranked at the 125th position in the year 2010.

Turnover: Rs 257,559.91 cr (Rs 2.57 trillion)
Profit: Rs 10,713.19 cr (Rs 107.13 billion)
M-cap: Rs 86,520 (Rs 865.20 billion)

Fortune ranks the top 500 Indian companies (publicly and privately-held companies for which revenues are publicly available) by their gross revenue after adjustments.

Revenues, net profit are of FY10.
M-cap as of December 9, 2010.

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The 20 largest companies in India

Last updated on: December 10, 2010 17:09 IST
Reliance Industries KG-D6's control and raiser platform off the Bay of Bengal.
2. Reliance Industries

One of India's largest private sector enterprises, Reliance is also a Fortune Global 500 company.

The group's activities span exploration and production of oil and gas, petroleum refining and marketing, petrochemicals (polyester, fibre intermediates, plastics and chemicals), textiles, retail and special economic zones.

Turnover: Rs 214,532 cr (Rs 2,145.32 billion)
Profit: Rs 15,898 cr (Rs 158.98 billion)
M-cap: Rs 322,139.37 cr (Rs 3.22 trillion)

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The 20 largest companies in India

Last updated on: December 10, 2010 17:09 IST
State Bank of India.
3. State Bank of India

Headquartered in Mumbai, the State Bank of India is the biggest bank in India.

It is the largest state-owned banking and financial services company in India, in terms of revenues, profits, assets, market capitalisation.

Turnover: Rs 1,33,851 cr (Rs 1338.51 billion)
Profit: Rs 11,733 cr (Rs 117.33 billion)
M-cap: Rs 17,0571.01 cr (Rs 1.70 trillion)

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The 20 largest companies in India

Last updated on: December 10, 2010 17:09 IST
A worker rides a bicycle at the Bharat Petroleum Corporation
4. Bharat Petroleum

Bharat Petroleum Corporation Ltd is one of the largest state-owned oil and gas companies in India.

A Fortune Global 500 company, it deals with retailing of petroleum products.

Turnover: Rs 1,26,181.92 cr (Rs 1.26 trillion)
Profit: Rs 1,632.36 cr (Rs 16.32 billion)
M-cap: Rs 24,310.88 crore (Rs 243.10 billion)

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The 20 largest companies in India

Last updated on: December 10, 2010 17:09 IST
Oil tankers are stationed at a storage station of a petroleum company in Mumbai.
5. Hindustan Petroleum Corp

Hindustan Petroleum Corporation Ltd is one of the major integrated oil refining and marketing companies in India.

A mega PSU with Navaratna status, HPCL accounts for about 20 per cent of the market share and about 10 per cent of India's refining capacity with two coastal refineries.

Turnover: Rs 1,13,304.34 cr (Rs 1.13 trillion)
Profit: Rs 1,475.29 cr (Rs 14.75 trillion)
M-cap: Rs 13,367.93 crore (Rs 133.67 billion)

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The 20 largest companies in India

Last updated on: December 10, 2010 17:09 IST
Engineers of Oil and Natural Gas Corp (ONGC) work inside the Kalol oil field.
6. ONGC

Oil and Natural Gas Corporation, a Fortune Global 500 company contributes 77 per cent of India's crude oil production and 81 per cent of India's natural gas production. It is one of the highest profit making corporations in India.

India's Oil and Natural Gas Corporation has beaten Chinese rival Cnooc to become Asia's top oil and gas exploration and production company,

Turnover: Rs 107,065.85 cr (Rs 1.07 trillion)
Profit: Rs 19,403.53 cr (Rs 194.03 billion)
M-cap: Rs 282,534.03 (Rs 2.82 trillion)

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The 20 largest companies in India

Last updated on: December 10, 2010 17:09 IST
Tata chairman Ratan Tata.
7. Tata Steel

The Tata Steel Group is the tenth largest steel producer in the world with an annual crude steel capacity of 31 million tonnes and employee strength of above 81,000 across five continents.

Tata Steel is also India's second-largest and second-most profitable company in private sector. A Fortune 500 company, it was formerly called Tata Iron and Steel Company.

The net profit for the second quarter ended September 30, 2010 stood at Rs 1,978.81 crore (Rs 19.78 billion). Tata Steel reported a net loss of Rs 2,009 crore (Rs 20.09 billion) during for FY10.

Turnover: Rs 103,705.83 cr (Rs 1.03 trillion)
M-cap: Rs 54,520.55.cr (Rs 545.20 billion)

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The 20 largest companies in India

Last updated on: December 10, 2010 17:09 IST
Tata Nano manufactured at the Sanand plant.
8. Tata Motors

Tata Motors is one of India's largest automobile companies. A leading player, in commercial and passenger vehicles, its first vehicle rolled out in 1954. Tata Motors has produced and sold over 4 million vehicles in India.

Tata Motors has manufacturing and assembly plants in Jamshedpur, Pantnagar, Lucknow, Ahmedabad, Sanand and Pune in India, and in Argentina, South Africa and Thailand.

The world's cheapest car, Nano and one of the world's most expensive vehicles (JLR, Land Rover) also belong to the Tata Motors family.

Turnover: Rs 94,481.34 cr (Rs 944.81 billion
Profit: Rs 2,571.06 cr (Rs 25.71 billion)
M-cap: Rs 78,736.29 cr (Rs 787.36 billion)

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The 20 largest companies in India

Last updated on: December 10, 2010 17:09 IST
Hindalco Industries' greenfiled projects.
9. Hindalco Industries

Hindalco Industries, the metals flagship company of the Aditya Birla Group is the world's largest aluminium rolling company and one of the biggest producers of primary aluminium in Asia.

Its copper smelter is the world's largest custom smelter at a single location. The company's acquisition of Novelis Inc in 2007 catapulted its position among the top five aluminium majors worldwide and the largest vertically integrated aluminium company in India.

Turnover: Rs 61,044.82 cr (Rs 610.44 billion)
Profit: Rs 3,925.47 cr (Rs 39.25 billion)
M-cap: Rs 40158.99 cr (Rs 401.58 billion)

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The 20 largest companies in India

Last updated on: December 10, 2010 17:09 IST
ICICI Bank.
10. ICICI Bank

ICICI Bank is India's second-largest bank with total assets of Rs 3,634 billion ($81 billion) as on March 31, 2010.

The Bank has a network of 2,044 branches and about 5,546 ATMs in India and presence in 18 countries.

Turnover: Rs 59,599.77 cr (Rs 595.99 billion)
Profit: Rs 4,670.29 cr (Rs 46.70 billion)
M-cap: Rs 1,21,413.08  (Rs 1.21 trillion)

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The 20 largest companies in India

Last updated on: December 10, 2010 17:09 IST
Coal India workers.
11. Coal India

A Navratna company, Coal India operates 471 mines in 21 major coalfields across eight states in India.

Coal India IPO recently became a runaway success, beating all records to become the largest public issue in India.

The initial public offer by Coal India generated a total demand for shares worth Rs 2,34,716 crore (Rs 2.34 trillion), the biggest in the history of India's primary market.

Turnover: Rs 52,088 crore (Rs 520.88 billion)
Profit: Rs 8,312 crore (Rs 83.12 billion)
M-cap: Rs 197765.23 (Rs 1.97 trillion)

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The 20 largest companies in India

Last updated on: December 10, 2010 17:09 IST
NTPC.

12. NTPC

NTPC, India's largest power company, was set up in 1975 to accelerate power development in India. It is a significant player in the entire value chain of power generation business.

NTPC was ranked 317th in the '2009, Forbes Global 2000' ranking of the world's biggest companies.

With a current generating capacity of 32,194 MW, NTPC has embarked on plans to become a 75,000 MW company by 2017.

Turnover: Rs 51,203.35 cr (Rs 512.03 billion)
Profit: Rs 8,837.65 cr (Rs 88.37 billion)
M-cap: Rs 15,4313.78 cr (Rs 1.54 trillion)

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The 20 largest companies in India

Last updated on: December 10, 2010 17:09 IST
Larsen and Toubro plant.
13. Larsen & Toubro

Larsen & Toubro is a multinational conglomerate with an international presence.

L& T's engineering and construction track record consists of implementation of turnkey projects in major core and infrastructure sectors of the Indian industry. L&T is known as one of the top five fabrication companies in the world.

Turnover:Rs 46,789.37 cr (Rs 467.89 billion)
Profit:Rs 5,450.74 cr (Rs 54.50 billion)
M-cap: Rs 118062.11 cr (Rs 1.18 trillion)

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The 20 largest companies in India

Last updated on: December 10, 2010 17:09 IST
Bharti Airtel's new advertisement.
14. Bharti Airtel

Bharti Airtel is a leading global telecommunications company with operations in 19 countries across Asia and Africa.

The company offers mobile voice and data services, fixed line, high speed broadband, IPTV, DTH, turnkey telecom solutions for enterprises and national and international long distance services to carriers.

Bharti Airtel has been ranked among the six best performing technology companies in the world by Business Week. It has over 191 million customers across its operations at the end of September 2010.

Turnover: Rs 41,951.93 cr (Rs 419.51 billion)
Profit: Rs 9,163.13 cr (Rs 91.63 billion)
M-cap: Rs 128,584.03 cr (Rs 1.28 trillion)

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The 20 largest companies in India

Last updated on: December 10, 2010 17:09 IST
SAIL represented on a stamp.
15. SAIL

Steel Authority of India Limited (SAIL) is the leading steel-making company in India.

Ranked amongst the top ten public sector companies in India in terms of turnover, SAIL manufactures and sells a broad range of steel products

Turnover: Rs 43,291.45 cr (Rs 432.91 billion)
Profit:Rs 6,790.77 cr (Rs 67.90 billion)
M-cap: Rs 71,910.26 cr (Rs 719.10 billion)

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The 20 largest companies in India

Last updated on: December 10, 2010 17:09 IST
Essar Oil.
16. Essar Oil

A part of the Essar group, Essar Oil is an Indian integrated oil and gas company. It operates a major refinery in Gujarat, which made it the second largest non-state refiner in India in 2009.

Turnover: Rs 36,720 cr (Rs 367. 20 billion)
Profit: Rs 32 cr (Rs 320 million)
M-cap: Rs 16,859.57 cr (Rs 168.59 billion)

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The 20 largest companies in India

Last updated on: December 10, 2010 17:09 IST
BHEL.
17. BHEL

Bharat Heavy Electricals (BHEL) is the largest engineering and manufacturing enterprise in India in the energy-related/infrastructure sector, today.

A highly successful PSU, it has been earning profits continuously since 1971-72 and paying dividends since 1976-77.

BHEL manufactures over 180 products under 30 major product groups.

Turnover: Rs 34,703.28 cr (Rs 347.03 trillion)
Profit:Rs 4,326.92 cr (Rs 43.26 billion)
M-cap:Rs 109,104.22 cr (Rs 1.09 trillion)

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The 20 largest companies in India

Last updated on: December 10, 2010 17:09 IST
MRPL.
18. Mangalore Refinery and Petrochemicals

MRPL, a subsidiary of ONGC is the only refinery in India to have two hydrocrackers producing premium diesel (High Cetane). It is also the only refinery in India to have 2 CCRs producing unleaded petrol of high octane.

MRPL has high standards in refining and environment protection matched by its commitments to society.

Turnover: Rs 32,568.08 cr (Rs 325.68 billion)
Profit: Rs 1,112.38 cr (Rs 11.12 billion)
M-cap: Rs 11,733.66 cr (Rs 117.33 billion)

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The 20 largest companies in India

Last updated on: December 10, 2010 17:09 IST
Mahindra Scorpio.
19. Mahindra & Mahindra

Mahindra & Mahindra, a part of the Mahindra Group was set up in 1945 in Ludhiana. Mahindra Group's automotive sector manufactures light commercial vehicles, including three-wheelers.

It is the market leader in utility vehicles in India since inception, and currently accounts for about half of India's market for utility vehicles.

Turnover: Rs 31,957.83 cr (Rs 319.57 billion)
Profit: Rs 2,478.56 cr (Rs 24.78 billion)
M-cap: Rs 45,369.91 (Rs 453.69 billion)

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The 20 largest companies in India

Last updated on: December 10, 2010 17:09 IST
BSNL tops in adding new customers.
20. Bharat Sanchar Nigam Ltd

BSNL is one of the largest cellular service providers in India, with over 75 million subscribers as of October 2010 and the largest land line telephone provider in India.

In September, BSNL added 2.3 million new subscribers.

Revenue: Rs 32,045 crore (Rs 320.45 billion)
Profit: Rs 575 crore (Rs 5.75 billion)