List of largest companies in India
This article lists the largest companies in India in terms of their revenue, net profit and total assets, according to the American business magazines Fortune and Forbes.
2021 Forbes list[]
This list is based on the Forbes Global 2000, which ranks the world's 2,000 largest publicly traded companies. The Forbes list takes into account a multitude of factors, including the revenue, net profit, total assets and market value of each company; each factor is given a weighted rank in terms of importance when considering the overall ranking. The table below also lists the headquarters location and industry sector of each company. The figures are in billions of US dollars and are for the year 2020. All 50 companies from India in the Forbes 2000 are listed.[1]
Rank | Forbes 2000 rank |
Name | Headquarters | Revenue (billions US$) |
Profit (billions US$) |
Assets (billions US$) |
Value (billions US$) |
Industry |
---|---|---|---|---|---|---|---|---|
1 | 55 | Reliance Industries Limited | Mumbai | 61.2 | 5.7 | 166.3 | 164.9 | Conglomerate |
2 | 110 | State Bank of India | Mumbai | 50.6 | 3.1 | 638.1 | 40.8 | Banking |
3 | 116 | HDFC Bank | Mumbai | 20.7 | 4.1 | 233.6 | 105.9 | Banking |
4 | 182 | ICICI Bank | Mumbai | 21.3 | 2.0 | 207.9 | 52.7 | Banking |
5 | 220 | HDFC | Mumbai | 16.2 | 2.4 | 105.0 | 62.4 | Financials |
6 | 322 | Tata Consultancy Services | Mumbai | 22.1 | 4.4 | 17.9 | 158.9 | Infotech |
7 | 366 | Larsen & Toubro | Mumbai | 17.8 | 2.1 | 42.0 | 25.7 | Capital goods |
8 | 447 | Kotak Mahindra Bank | Mumbai | 7.5 | 1.3 | 65.3 | 47.1 | Banking |
9 | 492 | Infosys | Bangalore | 13.5 | 2.6 | 14.8 | 77.5 | Infotech |
10 | 513 | NTPC Limited | New Delhi | 15.1 | 1.6 | 53.8 | 13.4 | Utilities |
11 | 585 | Axis Bank | Mumbai | 10.9 | 0.4 | 130.1 | 27.6 | Banking |
12 | 599 | Indian Oil Corporation | New Delhi | 48.9 | 0.7 | 44.8 | 11.4 | Oil and gas |
13 | 655 | Oil and Natural Gas Corporation | New Delhi | 47.3 | 0.1 | 68.8 | 18.2 | Oil and gas |
14 | 695 | HCL Technologies | Noida | 10.0 | 1.8 | 10.6 | 37 | Infotech |
15 | 725 | Bharti Airtel | New Delhi | 13.5 | −2.8 | 45.8 | 39.9 | Telecommunication |
16 | 730 | Power Finance Corporation | New Delhi | 9.1 | 1.3 | 103.6 | 3.9 | Financials |
17 | 769 | Wipro | Bangalore | 8.3 | 1.5 | 11.4 | 35.9 | Infotech |
18 | 770 | Coal India | Kolkata | 12.3 | 1.7 | 21.0 | 10.7 | Metals and mining |
19 | 784 | Tata Motors | Mumbai | 30.2 | −2.1 | 41.8 | 16.1 | Automotive |
20 | 792 | Bharat Petroleum | Mumbai | 30.0 | 0.5 | 20.6 | 12.1 | Oil and gas |
21 | 796 | Power Grid Corporation of India | Gurgaon | 5.3 | 1.6 | 35.0 | 14.8 | Utilities |
22 | 803 | Bajaj Finserv | Pune | 7.8 | 0.5 | 24.9 | 17.4 | Financials |
23 | 833 | ITC Limited | Kolkata | 6.3 | 1.8 | 9.9 | 34.4 | Consumer Goods |
24 | 887 | Grasim Industries | Mumbai | 9.8 | 0.5 | 33.9 | 12.0 | Diversified |
25 | 909 | Bank of Baroda | Vadodara | 11.9 | 0.4 | 167.4 | 4.7 | Banking |
26 | 928 | JSW Steel Ltd | Mumbai | 9.5 | 0.5 | 17.4 | 20.1 | Iron and steel |
27 | 939 | Tata Steel | Kolkata | 18.2 | −0.1 | 33.1 | 14.3 | Iron and steel |
28 | 1043 | Punjab National Bank | New Delhi | 12.0 | 0.1 | 174.7 | 4.9 | Banking |
29 | 1069 | Canara Bank | Bangalore | 11.5 | −0.2 | 156.3 | 3.0 | Banking |
30 | 1117 | Hindalco Industries | Mumbai | 16.3 | 0.3 | 25.0 | 11.2 | Metals and mining |
31 | 1124 | Union Bank of India | Mumbai | 10.0 | −0.2 | 142.8 | 3.0 | Banking |
32 | 1197 | Mahindra & Mahindra | Mumbai | 11.0 | −0.1 | 24.3 | 13.7 | Automotive |
33 | 1296 | Vedanta Limited | Mumbai | 10.7 | −1.0 | 24.7 | 11.6 | Metals and mining |
34 | 1377 | GAIL | New Delhi | 8.0 | 1.1 | 10.3 | 8.3 | Oil and gas |
35 | 1392 | Bank of India | Mumbai | 6.6 | −0.2 | 98.6 | 3.1 | Banking |
36 | 1489 | Adani Ports & SEZ Limited | Ahmedabad | 1.6 | 0.5 | 9.7 | 20.6 | Shipping |
37 | 1514 | Indian Railway Finance Corporation | New Delhi | 2.0 | 0.5 | 36.5 | 3.8 | Financials |
38 | 1536 | Asian Paints | Mumbai | 2.7 | 0.4 | 2.4 | 34.4 | Chemicals |
39 | 1551 | Indian Bank | Chennai | 5.6 | 0.2 | 79.5 | 1.6 | Banking |
40 | 1587 | Steel Authority of India | New Delhi | 8.4 | 0.5 | 16.6 | 5.1 | Iron and steel |
41 | 1620 | Bajaj Auto | Pune | 3.5 | 0.6 | 4.0 | 14.2 | Automotive |
42 | 1626 | Rajesh Exports | Bangalore | 32.6 | 0.1 | 4.1 | 2.0 | Gems and jewellery |
43 | 1643 | Tech Mahindra | Pune | 5.1 | 0.6 | 5.2 | 13.2 | Infotech |
44 | 1710 | IndusInd Bank | Mumbai | 4.8 | 0.3 | 45.0 | 8.8 | Banking |
45 | 1880 | Ruchi Soya | Indore | 1.9 | 1.1 | 1.0 | 2.6 | Food processing |
46 | 1919 | Sun Pharmaceutical | Mumbai | 4.5 | 0.3 | 9.2 | 20.8 | Pharmaceuticals |
47 | 1924 | LIC Housing Finance | Mumbai | 2.7 | 0.4 | 29.7 | 2.7 | Financials |
48 | 1945 | Vodafone Idea Limited | Mumbai | 5.9 | −6.6 | 28.8 | 3.4 | Telecommunication |
49 | 1958 | Central Bank of India | Mumbai | 3.6 | −0.2 | 49.6 | 1.4 | Banking |
50 | 1967 | DMart | Mumbai | 3.1 | 0.2 | 1.7 | 25.4 | Retail |
2019 Fortune list[]
The 50 largest companies by revenue in 2019 according to the Fortune Indian 500.[2]
Rank | Name | Industry | Revenue (in ₹ Crore) |
Revenue growth | Profits (in ₹ Crore) |
Headquarters | State Controlled |
---|---|---|---|---|---|---|---|
1 | Indian Oil Corporation | Oil and gas | 424,321 | 13.2% | 22,189 | New Delhi | Y |
2 | Reliance Industries Limited | Oil and gas | 410,295 | 28.2% | 36,075 | Mumbai | |
3 | Oil and Natural Gas Corporation | Oil and gas | 333,143 | 11.0% | 22,106 | New Delhi | Y |
4 | State Bank of India | Banking | 306,528 | 2.6% | −4,556 | Mumbai | Y |
5 | Tata Motors | Automotive | 301,175 | 7.9% | 8,989 | Mumbai | |
6 | Bharat Petroleum | Oil and gas | 238,638 | 13.7% | 9,009 | Mumbai | Y |
7 | Hindustan Petroleum | Oil and gas | 221,693 | 13.4% | 7,218 | Mumbai | Y |
8 | Rajesh Exports | Gems and jewellery | 187,748 | 22.5% | 1,266 | Bangalore | |
9 | Tata Steel | Iron and steel | 147,192 | 25.3% | 13,434 | Kolkata | |
10 | Coal India | Metals and mining | 132,897 | 5.3% | 7,020 | Kolkata | Y |
11 | Tata Consultancy Services | Infotech | 126,745 | 3.6% | 25,826 | Mumbai | |
12 | Larsen & Toubro | Capital goods | 122,743 | 10.6% | 7,370 | Mumbai | |
13 | Hindalco Industries | Metals and mining | 120,428 | 15.5% | 6,083 | Mumbai | |
14 | ICICI Bank | Banking | 118,969 | 4.9% | 7,712 | Mumbai | |
15 | Vedanta Resources | Metals and mining | 102,192 | 30.8% | 10,342 | London, UK | |
16 | HDFC Bank | Banking | 101,344 | 17.6% | 18,510 | Mumbai | |
17 | Mahindra & Mahindra | Automotive | 96,377 | 12.2% | 7,510 | Mumbai | |
18 | NTPC Limited | Utilities | 90,144 | 7.7% | 10,544 | New Delhi | Y |
19 | Bharti Airtel | Telecommunication | 86,704 | 13.0% | 1,099 | New Delhi | |
20 | Maruti Suzuki India | Automotive | 81,978 | 15.6% | 7,880 | New Delhi | |
21 | Infosys | Infotech | 73,762 | 3.1% | 16,029 | Bangalore | |
22 | Nayara Energy | Oil and gas | 73,015 | 10.7% | 576 | Mumbai | |
23 | HDFC | Financials | 72,596 | 18.9% | 16,255 | Mumbai | |
24 | JSW Steel Ltd | Iron and steel | 70,148 | 22.6% | 6,214 | Mumbai | |
25 | Axis Bank | Banking | 58,477 | 1.5% | 456 | Mumbai | Y |
26 | Steel Authority of India | Iron and steel | 57,626 | 28.8% | −281 | New Delhi | Y |
27 | Punjab National Bank | Banking | 57,608 | 0.7% | −12,130 | New Delhi | Y |
28 | Grasim Industries | Diversified | 57,273 | 54.9% | 2,679 | Mumbai | |
29 | Wipro | Infotech | 56,986 | 1.6% | 8,003 | Bangalore | |
30 | Motherson Sumi Systems | Automotive | 56,839 | 32.7% | 1,597 | Noida | |
31 | GAIL | Oil and gas | 55,503 | 11.6% | 4,799 | New Delhi | Y |
32 | Bank of Baroda | Banking | 54,048 | 3.1% | −1,887 | Vadodara | Y |
33 | HCL Technologies | Infotech | 51,695 | 6.3% | 8,721 | Noida | |
34 | MRPL | Oil and gas | 50,209 | 8.9% | 1,993 | Mangalore | Y |
35 | Canara Bank | Banking | 48,743 | 1.2% | −3,951 | Bangalore | Y |
36 | ITC Limited | Consumer goods | 44,674 | 1.6% | 11,271 | Kolkata | |
37 | Bank of India | Banking | 44,158 | 4.8% | −5,961 | Mumbai | Y |
38 | General Insurance Corporation of India | Insurance | 43,555 | 38.9% | 3,146 | Mumbai | Y |
39 | Kotak Mahindra Bank | Banking | 38,813 | 14.2% | 6,201 | Mumbai | |
40 | Union Bank of India | Banking | 38,413 | 0.4% | −5,212 | Mumbai | Y |
41 | Hindustan Unilever | Consumer goods | 36,088 | 7.1% | 5,214 | Mumbai | |
42 | Vodafone India | Telecommunication | 34,855 | 18.9% | 7,766 | Mumbai | |
43 | Tata Power | Utilities | 33,213 | 12.8% | 2,477 | Mumbai | |
44 | Chennai Petroleum Corporation | Oil and gas | 33,187 | 20.0% | 927 | Chennai | Y |
45 | Hero MotoCorp | Automotive | 33,141 | 12.9% | 3,720 | New Delhi | |
46 | Tech Mahindra | Infotech | 32,190 | 7.6% | 3,800 | Pune | |
47 | UltraTech Cement | Cement | 32,106 | 23.7% | 2,222 | Mumbai | |
48 | Petronet LNG | Oil and gas | 30,949 | 23.9% | 2,110 | New Delhi | Y |
49 | Power Grid Corporation of India | Utilities | 30,908 | 16.1% | 8,198 | Gurgaon | Y |
50 | Bajaj Finserv | Financials | 30,599 | 24.9% | 2,741 | Pune |
See also[]
- Fortune India 500
- List of companies of India
- List of largest employers in India
- List of largest companies by revenue
- List of public sector undertakings in India
References[]
- ^ "The World's Largest Public Companies". Forbes. Retrieved 2019-08-01.
- ^ "Fortune India 500 Ranking | Fortune India". www.fortuneindia.com. Retrieved 2019-08-01.
- Lists of largest private companies by country
- Lists of companies of India
- Companies of India
- Economy of India lists