India’s TOP 500 Companies 2021

INDIA’S TOP 500 COMPANIES 2021 8 at the time of compiling this publication. In general, all information used in the publication is from publically available relevant sources. The various financial computations are based on D&B’s methodology and have been explicitly explained in the ‘Definitions and Calculations’ section. Dun & Bradstreet has developed an in-house proprietary model for selecting top performing companies for awards in respective their sectors. The model took into consideration key financial indicators in areas of business size, growth, profitability, leverage and solvency among others. Special Listings for this year’s edition of the publication This edition of the publication has also provided special listings as below - India’s Leading 100 ESGPerformers: Dun&Bradstreet India’s Top 500 Companies were assessed and ranked based on Dun & Bradstreet’s ESG Assessment Framework. The framework consists of ESG themes and parameters against which a company’s initiatives across environment, social and governance areas are assessed based on information as disclosed in the public domain. These information sources cover the company websites, annual reports, Business Responsibility Reports, other relevant statutory reports filed to regulatory authorities and other credible sources for market news. The evaluation process leads to an ESG rank for each of the Top 500 Companies. Leading 100 Companies are then selected basis their ESG ranks and are separately listed as ‘India’s Leading 100 ESG Performers’ . For the purpose of ESG based awards, the leading three companies were shortlisted for each of the sectors i.e. Manufacturing, Services and Financial Services. These shortlisted companies were further examined and validated by the internal jury based on the framework and qualitative information on the initiatives taken by these companies. For the purpose of this year’s ESG listing and awards, companies falling under Construction, Mining, Tobacco Products and Alcohol Beverages sectors are excluded. India’s Premier 150 Unlisted Companies: This edition of the publication also recognizes the contribution of large unlisted corporates to the economy. Accordingly, we have identified India’s leading 150 unlisted companies basis their total income as per the standalone financial statements for the financial year 2019-20. These companies have been separately listed as ‘India’s Premier 150 Unlisted Companies’ in the publication. For the purpose of compiling the list, the government entities operating in nearly a monopolistic sector without the presence of competitive free market such as regulatory entities and bodies, law enforcement agencies, state-controlled transportations, state power and distribution entities etc. are excluded from the list. The standalone financial information from Unlisted companies have been sourced from the standalone financial statements available in the credible sources such as MCA, company websites, other regulatory websites. Companies whose financial statements were unavailable at the time of compiling the list were excluded from the list. Each company featuring as India’s Top 500 Companies in the publication has been allotted a unique identification number (D-U-N-S® - Data Universal Numbering System), which will help readers locate and obtain full-fledged business information reports on these companies from the Dun & Bradstreet database. Dun & B adstreet