India's Top PSUs 2021

5 For more than seven decades, public sector undertakings (PSUs) have helped India address key issues such as balanced socio-economic development across regions, poverty alleviation, assured and affordable access to essential inputs, commodities and services, infrastructure development and meeting the energy needs of households and industries. The publication, ‘India’s Top PSUs’, now in its 13th edition, is a tribute to achievements of the Indian PSU sector. Besides providing an overview of the performance and achievements of PSUs during FY20, it also profiles the leading companies within the sector. It also features case studies of PSUs and interviews of their management showcasing their business achievements, and successful implementation of Government programs and initiatives. Furthermore, it also features a listing of 1,113 active state PSUs from across the country. In the 2021 edition of the publication, Dun & Bradstreet has profiled 213 PSUs, which include 175 companies from the non-financial segments, 12 public sector banks, 8 public sector insurance companies and 18 companies from the FIs/NBFCs/Financial Services segment. Following are some of the key highlights of the financial performance of PSUs during FY20 that have been covered in this publication: • At the end of FY20, there were 366 CPSEs as per the list provided by the Department of Public Enterprises (DPE). Of these, 256 were operational during the year. • During FY20, the aggregate gross revenue of the operating CPSEs stood at ` 24.7 trillion, which was 3.3% lower than a year ago. The was largely due to a fall in the gross revenues of the petroleum, crude oil, other minerals and metals sectors. • The aggregate total income of the 213 PSUs profiled in the publication, which includes banks, insurance companies and FIs/ NBFCs, stood at ` 38.6 trillion. • The largest sector in this universe in terms of total income was the Petroleum (refining & marketing) sector with a 34% share, followed by insurance (19.3%) and banks (18.5%). • The universe of 213 profiled companies includes 10 Maharatna companies. These companies account for 41% of the aggregate total income and more than 68% of the aggregate net profit of the profiled companies. The current landscape requires businesses to be more agile and responsive to the needs of the market. In the context of PSUs, the adoption of transformative digital technologies and the modernization of systems, processes and approaches can help them build a competitive edge and become more resilient and future-ready. PSUs have already embarked on this transformative journey, and it will be interesting to see the outcomes in the near future. Dun & Bradstreet reiterates its commitment to continue tracking the performance of the PSU sector and keeping readers updated on various developments through future editions of the ‘India’s Top PSUs’ publication. Executive Summary Naina R Acharya Associate Director - Data Operations LEIG Dun & Bradstreet India Dun & Bradstr et