India’s Top PSUs 2019

20 Growth in PAT of Ratna category CPSEs moderates substantially in FY18 Source: D&B Research In line with other CPSEs, growth in PAT of Ratna-status CPSEs also moderated to 1.2% y-o-y in FY18 as against 17.7% in FY17. WhileMiniratna CPSEs registered a decline in PAT (-24.8% y-o-y), Maharatna CPSEs also reported a substantial moderation in PAT, which grew by mere 5.3% y-o-y in FY18 as against 18.1% in FY17. A double digit growth in PAT of Navratna CPSEs provided some cushion to the overall growth in PAT of Ratna-status CPSEs. Net worth of Ratna category CPSEs exhibit moderate growth in FY18 Source: D&B Research Net worth of Ratna-status CPSEs has registered a CAGR of around 5% during FY14-FY18.