India’s TOP 500 Companies 2021

INDIA’S TOP 500 COMPANIES 2021 121 India’s Top 500 Companies Expenses Mix (FY20) Raw Mat. + Purch., 44.8 Power, Fuel & Water, 2.8 Comp. to Employees, 9.1 Financial Serv. Exps., 13.9 Indirect Taxes, 4.5 Selling & Dist. Exp., 3.4 Prov, Dep, Amort & W/offs, 7.5 Others, 14 Source: Dun & Bradstreet Research Depressed Revenues Dent Profitability and Margins of Top 500 Companies in FY20 Despite restrained expenses, the bottom line of Top 500 companies was significantly impacted in FY20 due to modest revenues. The aggregate net profit of Top 500 Companies declined by a sharp 12.4%. At a broader level, the aggregate net profit of most sectors saw sharp declines during FY20. Manufacturing sector sees sharp y-o-y fall in Net Profits in FY20 Net Profit Margins decline in FY20 11.1 - 22.7 6.7 - 12.4 Agro-based Manufacturing Services Top 500 Companies 5.4 7.8 8.6 7.9 5.5 6.4 8.2 7.0 Agriculture Manufacturing Services Top 500 Companies FY19 FY20 Source: Dun & Bradstreet Research Key sectors such as Banks, Cement, Pharmaceuticals, Gas - Processing, Transmission & Marketing and Tobacco Products, among others, posted robust growth in net profits in FY20. On the other hand, Automobiles, Mining – Metals & Minerals, Engineering Projects/Capital Goods, Retail, Iron & Steel and Oil – Refining & Marketing witnessed sharp decline in net profits, reflecting a weak top line. Dun & Bradstreet