India's 20 biggest companies

State-run Indian Oil Corp has emerged as India’s biggest company in terms of annual revenue as per an annual list of Fortune 500 companies in India. 

There are seven energy companies in the top 10 list. While six state-run companies make it to the top 10, only four from the private sector.

This year's list shows, "while sales growth has slowed, there are signs of recovery in profit. However, interest cost continues to be spoilsport."

Take a look at India’s 20 largest companies…

Indian Oil Corporation (IOC)

Rank: 1

Revenue: Rs 4,75,867.36 crore

Profit: Rs 4,449.01 crore

Asset: Rs 1,65,843.56 crore

India’s largest company, Indian Oil and its subsidiaries dominate the petroleum products market accounting for a 49 per cent share. 

Indian Oil began operations in 1959 as Indian Oil Company. The Indian Oil Corporation was formed in 1964 after the merger with Indian Refineries.

…

Reliance Industries

Rank: 2

Revenue: Rs 4,09,883 crore

Profit: Rs 20,879 crore

Asset: Rs 2,90,755 crore

Reliance is India's largest private sector enterprise, with businesses in the energy and materials value chain. 

Reliance has a global leadership in its businesses, being the largest polyester yarn and fibre producer in the world and is among the top five to ten producers in the world in major petrochemical products.

…

Bharat Petroleum

Rank: 3

Revenue: Rs 2,44,822.55 crore

Profit: Rs 1,880.83 crore

Asset: Rs 51,696.02 crore

Bharat Petroleum Corporation is an oil refining, exploration and marketing PSU with Navratna status.

After nationalisation in 1976, BPCL entered a rapid growth path. Turnover, profitability and financial reserves grew substantially.

…

Hindustan Petroleum

Rank: 4

Revenue: Rs 2,17,771.07 crore

Profit: Rs 501.30 crore

Asset: Rs 66,126.38 crore 

Hindustan Petroleum Corporation is a state-owned oil and natural gas company with Navratna status.

HPCL has been ranked 260th in the Fortune Global 500 rankings of the world's biggest corporations in 2013).

…

State Bank of India

Rank: 5

Revenue: Rs 2,00,559.84 crore

Profit: Rs 17,916.23 crore

Assets: Rs 19,60,412.69 crore

The State Bank of India is the largest Indian banking and financial services company by turnover and total assets. 

The oldest bank in India was formed with the merger of Bank of Madras into the other two presidency banks - Bank of Calcutta and Bank of Bombay - to form the Imperial Bank of India. After nationalisation in 1955, it was named State Bank of India.

…

Tata Motors

Rank: 6

Revenue: Rs 1,92,660.59 crore

Profit: Rs 9,892.61 crore

Assets: Rs 1,03,202.37 crore

Founded in 1945 as a manufacturer of locomotives, the company manufactured its first commercial vehicle in 1954.

Tata Motors is a leader in commercial vehicles and among the top in passenger vehicles.

It is also the world's fifth largest truck manufacturer.

…

Oil & Natural Gas Corporation

Rank: 7

Revenue: Rs 1,68,286.16 crore

Profit: Rs 24,219.62 crore

Asset: Rs 2,02,131.23 crore

ONGC is one India's largest oil and gas exploration and production companies. 

The company was founded on 14 August 1956 by the govt, which currently holds a 69.23 per cent equity stake

ONGC is ranked 22nd among the Top 250 Global Energy Companies by Platts.

…

Tata Steel

Rank: 8

Revenue: Rs 1,34,737.80 crore

Profit: (-) Rs 7,057.62 crore

Asset: Rs 1,10,689.09 crore

One of the world's pioneering steel companies, Tata Steel manufactures a wide range of steel products. 

It was ranked 471st in the 2013 Fortune Global 500 ranking of the world's biggest corporations.

On February 12, 2012 Tata Steel completed 100 years.

…

Essar Oil

Rank: 9

Revenue: Rs 92,947.50 crore

Profit: (-) Rs1180.44 crore

Asset: Rs 29,409.95 crore

Essar Oil deals with the exploration and production of oil and natural gas, refining of crude oil, and marketing of petroleum products. 

Part of the Essar Group, it operates a major refinery in Vadinar, Gujarat.

…

Coal India

Rank: 10

Revenue: Rs 92,518.26 crore

Profit: Rs 17,356.36 crore

Assets: Rs 84,122.45 crore

Established in 1975, Coal India is a state owned coal mining company. With a production of just 79 million tonnes (MTs) at the year of its inception, CIL today is the single largest coal producer in the world.

…

Hindalco Industries

Rank: 11

Revenue: Rs 81,871.32 crore

Profit: Rs 3,026.89 crore

Asset: Rs 1,01,019.89 crore

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

Established in 1958, the company established its aluminium facility at Renukoot in eastern Uttar Pradesh, India in 1962.

…

Bharti Airtel

Rank: 12

Revenue: Rs 80,922.30 crore

Profit: Rs 2,258.10 crore

Assets: Rs 1,32,106.10 crore

Bharti Airtel is one of the leading telecommunications company with operations in 20 countries across Asia and Africa. 

Headquartered in New Delhi, India, the company ranks amongst the top 4 mobile service providers globally in terms of subscribers. 

…

Larsen & Toubro

Rank: 13

Revenue: Rs 77,561.47 crore

Profit: Rs 5,218.63 crore

Asset: Rs 1,03,917.96 crore

An multinational conglomerate headquartered in Mumbai, Larsen & Toubro has businesses in engineering, construction, manufacturing goods, information technology and financial services.

The company was founded in Bombay in 1938 by two Danish engineers, Henning Holck-Larsen and Soren Kristian Toubro.

…

ICICI Bank

Rank: 14

Revenue: Rs 74,204.40 crore

Profit: Rs 9,603.61 crore

Asset: Rs 6,27,037.47 crore

ICICI Bank is India's largest private sector bank. The bank has a network of 3,588 branches and 11,162 ATMs in India and has a presence in 19 countries, including India.

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NTPC

Rank: 15

Revenue: Rs 74,198.63 crore

Profit: Rs 12,590.78 crore

Asset: Rs 1,56,758.24 crore

Founded by the government in 1975, NTPC was conferred Maharatna status in May 2010 It is listed in Forbes Global 2000 for 2012 at 384th rank.

NTPC's core business is generation and sale of electricity to state-owned power distribution companies and State Electricity Boards in India.

With a current generating capacity of 42,454 MW, NTPC plans to become a 128,000 MW company by 2032.

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Mahindra & Mahindra

Rank: 16

Revenue: Rs 69,797.46 crore

Profit: Rs 4,099.20 crore

Asset: Rs 58,323.75 crore

Mahindra has a strong presence in the agribusiness, aerospace, components, consulting services, defence, energy, financial services, industrial equipment, logistics, real estate, retail, steel, commercial vehicles and two wheeler industries.

In 2012, Mahindra featured on the Forbes Global 2000 list.

…

MRPL

Rank: 17

Revenue: Rs 66,968.16 crore

Profit: (-) Rs 756.91 crore

Asset: Rs 14070.51 crore

Set up in 1993, Mangalore Refinery and Petrochemicals is a subsidiary of ONGC. 

MRPL has a design capacity to process 9.69 million metric tonnes per annum and is the only refinery in India to have two hydrocrackers producing premium diesel (high cetane).

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Tata Consultancy Services (TCS)

Rank: 18

Revenue: Rs 64,167.71 crore

Profit: Rs 13,917.31 crore

Asset: Rs 40,290.22 crore

Tata Consultancy Services is India’s biggest IT services, business solutions and consulting company headquartered in Mumbai.

A subsidiary of the Tata Group, TCS operates in 46 countries and has 199 branches across the world. TCS has been recognized by Forbes as one of the ‘World's Most Innovative Companies’.

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GAIL (India)

Rank: 19

Revenue: Rs 52,049.78 crore

Profit: Rs 4,373.60 crore

Assets: Rs 47,841.76 crore

GAIL (India) is the largest state-owned natural gas processing and distribution company Founded in 1984, it has a Maharatna status.

…

Bharat Heavy Electricals

Rank: 20

Revenue: Rs 49,914.32 crore

Profit: Rs 6,693.37 crore

Asset: Rs 45,010.33 crore

Bharat Heavy Electricals is an integrated power plant equipment manufacturer established in 1964.

It is one of the 7 mega Public Sector Undertakings (PSUs) with a Maharatna status.