List of largest companies in India

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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[edit]

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[edit]

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 Increase 13.2% 22,189 New Delhi Y
2 Reliance Industries Limited Oil and gas 410,295 Increase 28.2% 36,075 Mumbai
3 Oil and Natural Gas Corporation Oil and gas 333,143 Increase 11.0% 22,106 New Delhi Y
4 State Bank of India Banking 306,528 Increase 2.6% −4,556 Mumbai Y
5 Tata Motors Automotive 301,175 Increase 7.9% 8,989 Mumbai
6 Bharat Petroleum Oil and gas 238,638 Increase 13.7% 9,009 Mumbai Y
7 Hindustan Petroleum Oil and gas 221,693 Increase 13.4% 7,218 Mumbai Y
8 Rajesh Exports Gems and jewellery 187,748 Decrease 22.5% 1,266 Bangalore
9 Tata Steel Iron and steel 147,192 Increase 25.3% 13,434 Kolkata
10 Coal India Metals and mining 132,897 Increase 5.3% 7,020 Kolkata Y
11 Tata Consultancy Services Infotech 126,745 Increase 3.6% 25,826 Mumbai
12 Larsen & Toubro Capital goods 122,743 Increase 10.6% 7,370 Mumbai
13 Hindalco Industries Metals and mining 120,428 Increase 15.5% 6,083 Mumbai
14 ICICI Bank Banking 118,969 Increase 4.9% 7,712 Mumbai
15 Vedanta Resources Metals and mining 102,192 Increase 30.8% 10,342 London, UK
16 HDFC Bank Banking 101,344 Increase 17.6% 18,510 Mumbai
17 Mahindra & Mahindra Automotive 96,377 Increase 12.2% 7,510 Mumbai
18 NTPC Limited Utilities 90,144 Increase 7.7% 10,544 New Delhi Y
19 Bharti Airtel Telecommunication 86,704 Decrease 13.0% 1,099 New Delhi
20 Maruti Suzuki India Automotive 81,978 Increase 15.6% 7,880 New Delhi
21 Infosys Infotech 73,762 Increase 3.1% 16,029 Bangalore
22 Nayara Energy Oil and gas 73,015 Increase 10.7% 576 Mumbai
23 HDFC Financials 72,596 Increase 18.9% 16,255 Mumbai
24 JSW Steel Ltd Iron and steel 70,148 Increase 22.6% 6,214 Mumbai
25 Axis Bank Banking 58,477 Increase 1.5% 456 Mumbai Y
26 Steel Authority of India Iron and steel 57,626 Increase 28.8% −281 New Delhi Y
27 Punjab National Bank Banking 57,608 Increase 0.7% −12,130 New Delhi Y
28 Grasim Industries Diversified 57,273 Increase 54.9% 2,679 Mumbai
29 Wipro Infotech 56,986 Decrease 1.6% 8,003 Bangalore
30 Motherson Sumi Systems Automotive 56,839 Increase 32.7% 1,597 Noida
31 GAIL Oil and gas 55,503 Increase 11.6% 4,799 New Delhi Y
32 Bank of Baroda Banking 54,048 Increase 3.1% −1,887 Vadodara Y
33 HCL Technologies Infotech 51,695 Increase 6.3% 8,721 Noida
34 MRPL Oil and gas 50,209 Increase 8.9% 1,993 Mangalore Y
35 Canara Bank Banking 48,743 Decrease 1.2% −3,951 Bangalore Y
36 ITC Limited Consumer goods 44,674 Increase 1.6% 11,271 Kolkata
37 Bank of India Banking 44,158 Decrease 4.8% −5,961 Mumbai Y
38 General Insurance Corporation of India Insurance 43,555 Increase 38.9% 3,146 Mumbai Y
39 Kotak Mahindra Bank Banking 38,813 Increase 14.2% 6,201 Mumbai
40 Union Bank of India Banking 38,413 Increase 0.4% −5,212 Mumbai Y
41 Hindustan Unilever Consumer goods 36,088 Increase 7.1% 5,214 Mumbai
42 Vodafone India Telecommunication 34,855 Decrease 18.9% 7,766 Mumbai
43 Tata Power Utilities 33,213 Increase 12.8% 2,477 Mumbai
44 Chennai Petroleum Corporation Oil and gas 33,187 Increase 20.0% 927 Chennai Y
45 Hero MotoCorp Automotive 33,141 Increase 12.9% 3,720 New Delhi
46 Tech Mahindra Infotech 32,190 Increase 7.6% 3,800 Pune
47 UltraTech Cement Cement 32,106 Increase 23.7% 2,222 Mumbai
48 Petronet LNG Oil and gas 30,949 Increase 23.9% 2,110 New Delhi Y
49 Power Grid Corporation of India Utilities 30,908 Increase 16.1% 8,198 Gurgaon Y
50 Bajaj Finserv Financials 30,599 Increase 24.9% 2,741 Pune

See also[edit]

References[edit]

  1. ^ "The World's Largest Public Companies". Forbes. Retrieved 2019-08-01.
  2. ^ "Fortune India 500 Ranking | Fortune India". www.fortuneindia.com. Retrieved 2019-08-01.