India’s Top 500 Companies 2019

INDIA’S TOP 500 COMPANIES 2019 89 New Entrants Witness Robust Growth in Income and Profits The 2019 edition of the India’s Top 500 Companies publication features 48 new companies as compared to 43 new companies in the last edition. The debutant companies are across various sectors with majority belonging to FIs / NBFCs / Financial Services (7 companies), Insurance (5 companies), Iron & Steel (4 companies) and Construction - Infrastructure Development (3 companies) sectors. Of the 48 new profiled companies, 7 of them with an aggregate average market capitalization of ` 2,002.8 bn belonged to the public sector. The 48 new entrants collectively accounted for less than 5% of the collective total income and net profit of Top 500 Companies during FY18. However, these companies outperformed the rest of the Top 500 Companies in terms of growth. The aggregate value of total income of these 48 companies reflected a robust 17.3% growth in FY18, as against the overall growth of 9.2% of all Top 500 Companies taken together. Likewise, the aggregate net profit of the new entrants during the year grew by 27%, as against a 4.2% decline at the aggregate level. Category Growth in TI – FY18 (%) Growth in PAT – FY18 (%) New Entrants (48 cos) 17.3 27.0 Overall Top 500 Companies 9.2 (4.2) Source: Dun & Bradstreet Research Large Caps Account for more than Two-Thirds Aggregate Total Income and PAT in FY18 Classification of Top 500 companies by market cap Type No of companies in FY18 Share (%) in total income FY18 Growth in Agg. Total Income FY18 (%) Share (%) in Agg. Net profit FY18 Growth in Agg. Net Profit FY18 (%) Large-cap 162 78.7 9.6 90.3 (3.1) Mid-cap 216 16.4 6.5 7.4 (17.0) Small-Cap 122 4.9 13.0 2.3 (0.3) Source: Dun & Bradstreet Research On the basis of the BSE’s 80:15:5 principle, the 2019 edition of the India’s Top 500 Companies publication includes 162 Large-Cap, 216 Mid-Cap and 122 Small-Cap companies. Large-Cap companies accounted for more than two-third of the aggregate value of total income and net profits. All three categories of companies reported a y-o-y growth in aggregate total income during FY18, with the total income of Small-Caps growing the fastest at 13%. However, all the three categories recorded an erosion in profits during the year. Dun & Bradstreet