The aggregate total income of India’s Top 500 Companies reflected a 1.9% decline in FY16, as against a 3.2% growth in FY15; this was due to a lack of global recovery and a slowdown in industrial activity
Likewise, the aggregate Profit after Tax (PAT) of the Top 500 companies fell by 4.6% in FY16 as against a 5% growth in FY15
With profit and income de-growth, the aggregate equity dividend paid by the Top 500 Companies slowed down from a 11.1% growth in FY15 to a 2.3% growth in FY16
42 new entrants made their debut in the 2017 edition as compared to 37 new companies in the last edition; these new entrants reported a 3.7% growth in total income in FY16
An analysis of the recent performance of 489 companies from India’s Top 500 Companies which have consistently published their quarterly interim results during the three year period ending 31 December 2016 (June, Sept and Dec quarters of FY15, FY16 and FY17) shows
The aggregate total income of Top 500 companies for Apr-Dec 2016 grew by 3.1%, as against a 4.5% decline during the corresponding period a year ago
The aggregate PAT during the period grew by a healthy 13.9%, as against a 2.4% decline during Apr-Dec 2015
Mumbai, 31st May, 2017: Dun & Bradstreet, the world’s leading provider of global business information, knowledge and insights, released the 17th edition of its premier publication ‘India’s Top 500 Companies 2017’ on Tuesday, 30th May, 2017. The importance of these Top 500 Companies to the country’s economy is clearly underscored by the fact that they contribute to nearly 18% of the country’s GDP and around 34% of India’s gross total tax revenue. The publication ‘India’s Top 500 Companies’ is among the longest running and most reputed publications in the country that profiles and ranks the exemplary performers of India Inc. in terms of various financial and operational parameters.
About 'India's Top 500 Companies 2017'
The publication includes private sector companies and public sector enterprises (PSEs) listed on the Bombay Stock Exchange (BSE) and/or the National Stock Exchange (NSE), India’s two major stock exchanges. Total income as per standalone financial statements of FY16 and other financial indicators were applied to arrive at the list of Top 500 Companies. Dun & Bradstreet identified 56 distinct sectors, basis the FY16 segmental revenues and other related business information to classify companies into respective sectors.
Apart from the customary approach of profiling companies and ranking them on the basis of parameters like total income, net profit, and net worth, the publication also includes a financial comparison of companies classified under their respective sectors.
The ‘Insights’ section provides an in-depth analysis of the aggregate financial performance of India’s Top 500 Companies. The publication also features an ‘Experts’ Views’ section which encapsulates the views of industry veterans on trends and opportunities in their respective sectors, as well as their future plans.
About Dun & Bradstreet (D&B):
Dun & Bradstreet (NYSE: DNB) grows the most valuable relationships in business. By uncovering truth and meaning from data, we connect customers with the prospects, suppliers, clients and partners that matter most, and have since 1841. Nearly ninety percent of the Fortune 500 and companies of every size around the world, rely on our data, insights and analytics.
Customers use D&B Risk Management Solutions to mitigate risk, increase cash flow and drive increased profitability; D&B Sales & Marketing Solutions to manage their master data, analyse markets, locate prospects and increase revenue from new and existing customers; D&B Learning & Economic Insights for solution-oriented analysis of strategic economic and business development, professional training, and cutting edge knowledge forums & conferences.
In 2017, D&B featured on the World’s Most Ethical Companies list in the Business Services category by Ethisphere, for the ninth consecutive year. The World’s Most Ethical Companies designation recognizes companies that truly go beyond making statements about doing business “ethically” and translate those words into action.
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