Maharatna & Navratna Companies in India PDF

Maharatna & Navratna Companies in India Central Public Sector Enterprises (CPSEs) in India The companies in which the share of the central government of India is 51% or more is known as the Central Public Sector Enterprises (CPSEs). The Department of Public Enterprises (DPE), Ministry of...

Maharatna & Navratna Companies in India Central Public Sector Enterprises (CPSEs) in India The companies in which the share of the central government of India is 51% or more is known as the Central Public Sector Enterprises (CPSEs). The Department of Public Enterprises (DPE), Ministry of Finance is the nodal department for all the CPSEs and formulates policy pertaining to CPSEs. The Government of India categorizes CPSEs under three different categories : 1. Maharatna 2. Navaratna and 3. Miniratna (Category I and Category II) Maharatna Companies There are total 12 Maharatna Companies in India. Criteria to get Maharatna Status a) Having Navratna status. b)Listed on Indian stock exchange with minimum prescribed public shareholding under SEBI regulations. c) An average annual turnover of more than Rs 25,000 crore during the last three years. d) An average annual net worth of more than Rs 15,000 crore during the last three years. e)An average annual net profit after tax of more than Rs 5,000 crore during the last three years. f) Should have significant global presence/international operations. The Maharatna CPSEsare: 1. Bharat Heavy Electricals Limited (BHEL) 2. Steel Authority of India Limited (SAIL) 3. Gas Authority of India Limited (GAIL) 4. Oil & Natural Gas Corporation Limited (ONGC) 5. Indian Oil Corporation Limited (IOCL) 6. Bharat Petroleum Corporation Limited (BPCL) 7. Hindustan Petroleum Corporation Limited (HPCL) 8. Coal India Limited (CIL) 9. National Thermal Power Corporation (NTPC) 10. Power Grid Corporation of India Limited (PGCIL) 11. Power Finance Corporation Limited (PFC) 12. REC Limited  Maharatna Companies S. No. Research I n s t i t u t e Location Head 1. Power Grid Corporation of Gurgaon, Kandikuppa Sreekant India (PGCIL) Haryana (Chairman & MD) 2. Coal India Limited (CIL) Kolkata, West Pramod Agarwal Bengal (Chairman) 3. Bharat Petroleum Corporation Mumbai, Arun Kumar Singh Limited (BPCL) Maharashtra (Chairman & MD) 4. Hindustan Petroleum Mumbai, Pushp Kumar Joshi Corporation Limited (HPCL) Maharashtra (Chairman & Managing Director) S. No. Research I n s t i t u t e Location Head 5. Steel Authority of India New Delhi Soma Mondal (Chairman) Limited (SAIL) 6. Gas Authority of India New Delhi Shri Manoj Jain (Chairman & Limited (GAIL) Managing Director) 7. Bharat Heavy Electricals New Delhi Dr. Nalin Shinghal (Chairman Limited (BHEL) & Managing Director) 8. Oil and Natural Gas Corporation New Delhi Rajesh Kumar Srivastava Limited (ONGC) (Chairman & Managing Director) S. No. Research I n s t i t u t e Location Head 9. National Thermal Power New Delhi Gurdeep Singh Corporation (NTPC) (Chairman & MD) 10. Indian Oil Corporation Limited New Delhi Shrikant Madhav Vaidya (IOCL) (Chairman) 11. Power Finance Corporation New Delhi Ravinder Singh Dhillon Limited (PFC) (Chairman & MD) 12. REC Limited New Delhi Vivek Kumar Dewangan (Chairman & MD) Govt. of India accorded ‘Maharatna’ status to the REC Limited in September 2022.  Navaratna Companies There are total 12 Navaratna Companies in India. Criteria to get Navaratna Status The CPSEs which are Miniratna I, Schedule ‘A’ and have obtained ‘excellent’ or ‘very good’ MOU rating in three of the last five years and have a ‘Composite Score’ of performance to be 60 or above in six identified performance parameters. The parameters are: 1) Net Profit to Net worth 2) Manpower Cost to total Cost of Production or Cost of Services 3) PBDIT to Capital employed (PBDIT is Profit before Deduction of Income Tax) 4) PBIT to Turnover 5) Earning Per Share 6) Inter Sectoral Performance Navratna CPSEsare: 1. Bharat Electronics Limited (BEL) 2. Engineers India Limited (EIL) 3. Hindustan Aeronautics Limited (HAL) 4. Shipping Corporation of India Limited (SCI) 5. Container Corporation of India Limited (CONCOR) 6. Mahanagar Telephone Nigam Limited (MTNL) 7. National Aluminium Company Limited (NALCO) 8. Neyveli Lignite Corporation Limited (NLC) 9. National Mineral Development Corporation (NMDC) 10. Rashtriya Ispat Nigam Limited (RINL) 11. Rural Electrification Corporation Limited (REC) 12. National Buildings Construction Corporation Limited (NBCC) 13. Oil India Limited (OIL) Sl. No. Research I n s t i t u t e Location Head 1. Mahanagar Telephone Nigam New Delhi PK Purwar (CMD) Limited (MTNL) 2. National Buildings Construction New Delhi P K Gupta Corporation (NBCC) (Chairman & MD) 3. Rural Electrification New Delhi Sanjay Malhotra Corporation (REC) (Chairman & MD) 4. Container Corporation of India New Delhi V. Kalyana Rama (CONCOR) (Chairman & MD)  Navaratna Companies S. No. Research I n s t i t u t e Location Head 5. Oil India Limited (OIL) Duliajan, Ran jit Rath (CMD) Assam 6. National Aluminium Bhubaneswar, Sridhar Patra Company (NALCO) Odisha, (Chairman & MD) 7. Shipping Corporation of Mumbai, Binesh Kumar Tyagi India (SCI) Maharashtra (Chairperson & MD) 8. National Mineral Hyderabad, Sumit Deb Development Corporation Telangana (Chairman & MD) (NMDC) Sl. No. Research I n s t i t u t e Location Head 9. Rashtriya Ispat Nigam Limited Visakhapatnam, Atul Bhatt (RINL) Andhra Pradesh (Chairman & MD) 10. Bharat Electronics Limited (BEL) Bangalore, Mrs Anandi Karnataka Ramalingam CMD (Additional Charge) 11. Hindustan Aeronautics Limited Bangalore, Shri R Madhavan (HAL) Karnataka (Chairman & MD) 12. Neyveli Lignite Corporation Tamil Nadu Shri. Rakesh Kumar (NLC) India Limited (Chairman & MD) 13. Engineers India Limited (EIL) New Delhi Vartika Shukla (Chairman & MD) Miniratna Companies Category I : CPSEs should have made profit in the last three years continuously, the pre- tax profit should have been Rs. 30 crore or more in at least one of the three years and should have a positive net worth. There are total 62 Category I Miniratna Companies in India. Category II : CPSEs should have made profit for the last three years continuously and should have a positive net worth. There are total 12 Category II Miniratna Companies in India.  DREAMS WON’T WORK UNLESS YOU DO!