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Dun & Bradstreet Announces India’s Top 500 Companies 2022

The release of the prestigious list was followed by the Dun & Bradstreet Corporate Awards presented across 49 categories

Mumbai, July 13, 2022: Dun & Bradstreet, a leading global provider of business decisioning data and analytics, released its prestigious list of India’s Top 500 Companies 2022. Now in its 22nd year, the list recognises corporate India's leading private and public sector enterprises across 60 sectors, based on their total income, net profit, net worth and other relevant financial parameters.

The list was revealed in the annual publication 'India's Top 500 Companies 2022’ which was released at the annual awards event in Delhi attended by over 100 business leaders. Speaking at the event, Avinash Gupta, Managing Director & CEO - India, Dun & Bradstreet said, “India’s Top 500 Companies are not only the frontrunners of the country’s corporate sector, but also the driving force of our economy. These contribute to nearly 24% of forex earnings, 39% of India’s tax revenues and close to 90% of aggregate market capitalization of BSE for FY’21. Interestingly, the income of the largest company in 2022 significantly exceeds the combined income of all Top 500 companies in the first edition of the publication.”

This event also celebrated the successes of the top 500 Indian corporates. Presented across 49 categories (including Auto Components, Agro Chemicals, Banks, Cement, Consumer Durables, and many more), Dun & Bradstreet Corporate Awards recognise their contribution towards the growth of the country. A full list of winners can be found below.

The theme for this year’s event was "ESG: The only way for sustainable and responsible growth" reflecting the increasing importance of Environmental, Social & Governance (ESG) programs in measuring long-term value and business resiliency.

“Globally, the investor appetite for ESG funds has increased, crossing USD 40.5 trillion in 2020. Seven asset management companies in India have already launched ESG-dedicated fund schemes, and fund managers are increasingly adopting ESG norms as part of their decision-making. Companies must not only deliver on financial performance, but also show how they can make a positive impact from an ESG perspective. Therefore, our 2022 publication also features a list of India’s Top 500 Companies based on their ESG performance.”, Gupta added.

Full list of winners below.

Dun & Bradstreet Corporate Awards 2022

Sr. No.

Award Categories

Final Award Winner

1

Agro Chemicals

PI Industries Limited

2

Auto Components

Bosch Limited

3

Automobile - Two/Three Wheelers

Bajaj Auto Limited

4

Automobiles

Maruti Suzuki India Limited

5

Banks

HDFC Bank Limited

6

Cement

UltraTech Cement Limited

7

Chemicals

BASF India Limited

8

Construction - Infrastructure Development

Larsen & Toubro Limited

9

Consumer Durables & Appliances

Crompton Greaves Consumer Electricals Limited

10

Electrical & Electronics

Havells India Limited

11

Engineering Projects/ Capital Goods

Siemens Limited

12

Fertilisers

Coromandel International Limited

13

FIs / NBFCs / Financial Services

REC Limited

14

FMCG

Hindustan Unilever Limited

15

Food and Beverages

Nestlé India Limited

16

Insurance

SBI Life Insurance Company Limited

17

Iron & Steel

Tata Steel Limited

18

Non-Ferrous & Precious  Metals

Hindustan Zinc Limited

19

Oil - Refining & Marketing

Bharat Petroleum Corporation Limited

20

Packaging & Allied Activities

Jindal Poly Films Limited

21

Pharmaceuticals

Divi's Laboratories Limited

22

Plastic & Plastic Products

Supreme Industries Limited

23

Power Generation

NTPC Limited

24

Power Transmission & Distribution

Power Grid Corporation of India Limited

25

Power Equipment

KEC International Limited

26

Real Estate

DLF Limited

27

Retail

Avenue Supermarts Limited

28

Software and BPM

Infosys Limited

29

Sugar

Dalmia Bharat Sugar & Industries Limited

30

Textiles

Welspun India Limited

31

Transport & Logistics

Container Corporation of India Limited

32

Tyres

Balkrishna Industries Limited

Growth Performance Categories

33

Auto Components

L.G. Balakrishnan & Bros. Limited

34

Cement

Shree Cement Limited

35

Construction - Infrastructure Development

H.G. Infra Engineering Limited

36

Consumer Durables & Appliances

Dixon Technologies (India) Limited

37

FIs / NBFCs / Financial Services

Muthoot Finance Limited

38

Food and Beverages

Tata Consumer Products Limited

39

Iron & Steel

Jindal Steel & Power Limited

40

Pharmaceuticals

Laurus Labs Limited

41

Power

Adani Green Energy Limited

42

Software and BPM

Persistent Systems Limited

43

Textile

K.P.R. Mill Ltd

ESG Performance Awards

44

ESG Performance – Manufacturing

Relaxo Footwear Limited

45

ESG Performance - Software and BPM

Tech Mahindra Limited

46

ESG Performance - Scheduled Commercial Banks

IndusInd Bank Limited

47

ESG Performance – Insurance

ICICI Lombard General Insurance Company Limited

48

ESG Performance - Other Financial Services

Indian Railway Finance Corporation Limited

49

ESG Performance - Other Services

Mahindra Logistics Limited

 

About the Awards - ‘Corporate Awards 2022’

For more than a decade, the Dun & Bradstreet Corporate Awards have been commemorating the outstanding performers among Indian Corporates. At the Dun & Bradstreet Corporate Awards 2022, awards will be virtually presented across 35+ categories including sectoral, growth-based and special award categories.

For the sectoral and growth-based award categories, listed companies will be segmented into over several sectors on the basis of their main lines of business, such as Auto Components, Agro Chemicals, Banks, Cement, Consumer Durables, Chemicals, FMCG, Power, Software & BPM, and many others. Dun & Bradstreet will then use its proprietary model, based on financial parameters such as total income, profitability growth, profit, market capitalization etc., to evaluate the performance of companies in each sector. Winners will then be determined on the basis of a composite score, which will take into account several quantitative factors. Likewise, award winners for the special recognition award categories will be determined on the basis of a combination of relevant quantitative and qualitative parameters captured from companies’ Annual Reports/financial statements and other reliable sources of information.

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