India's Top PSUs 2009
  
 

The foremost criterion for selecting the Top PSUs is based on the condition that the PSUs should necessarily be a Central Public Sector Undertaking (CPSU). Only those CPSUs that are involved in carrying out business for profit have been included in this study and enterprises that are involved in charity or any other social cause have been excluded. Companies that have one or a group of Central PSUs/ or companies in which the Central government has a majority and/or controlling stake have been considered.

The initial selection of the PSU data set was based on the list compiled from various sources, including internal D&B database; Department of Public Enterprises (DPE); listed PSUs; and the Government of India (GoI) directory and various ministries. The shortlisted PSUs were then sent a detailed questionnaire seeking basic information on the company and its financials. As a selection criterion, PSUs with a total income equal to or above Rs 2 bn as on Mar 09 have been featured in this publication. Companies with negative net worth and those declared financially sick by the Board of Industrial & Financial Reconstruction (BIFR), as available on the BIFR website, were eliminated. The information contained in this book is sourced and compiled from questionnaires circulated and administered by D&B India, telephonic interviews, mass media channels and authenticated information available in the public domain, such as company annual reports, websites, RBI data and the registrar of companies. In the eventuality of a company has not responded with critical data, and/or information that is not available in the public domain, we have not included such companies in this publication. We took this measure to ensure that all information contained in this publication is verified and authenticated.

The total income, net profit and net worth figures for companies are as per standalone financials sourced from annual reports/documents from the Registrar of Companies or financial statements for the financial year 2008-09. The companies whose schedules were not available have been marked by (*) in the listing pages. The total income is a sum of revenue and other income, where the revenue is net of excise duties, sales tax, inter-unit transfers and other government levies. Net profit refers to profit before considering the impact of prior period and extraordinary items. Net worth is the sum of share capital and reserves and surplus, after deducting debit balances appearing in the profit and loss account, revaluation reserves, miscellaneous expenditure, and intangibles such as patents, goodwill, trademarks, copyrights, know-how, brands, licenses, rights, computer software and the likes. The consolidated revenue of the companies provided in the annual report of the respective companies has been taken, wherever available.

A standardised reporting format has been used for listing company management details in write-ups, incorporating key designations. Dun & Bradstreet has compiled the management details of the companies from their respective annual reports and updated these records wherever data were available. Each company featured in the publication has been allotted its unique identification number (D-U-N-S ® - Data Universal Numbering System). This will help readers locate and obtain full-fledged information reports on these companies from the Dun & Bradstreet database. The editorial team is confident that ‘India’s Top PSUs 2010’ will prove useful and we would be pleased to receive your invaluable feedback and suggestions. Your satisfaction remains our goal in Dun & Bradstreet’s journey towards excellence.