India’s 25 most Profitable Listed Companies in 2021-2022

India’s 25 most profitable listed companies in 2021-22

According to many market observers, investors ultimately care most about a company’s profitability because they want a return on their investment. Investors are very interested in market values and a company’s net worth. According to many market observers, investors ultimately care most about a company’s profitability because they want a return on their investment.

However, many startups are valued highly when they are listed on exchanges, as seen in expected earnings. History shows that most businesses fall behind and are unable to show investors respectable returns over the long term, with just a small percentage of businesses able to deliver profits in line with expectations.

To protect their investments from important drawdowns, most conservative investors choose to support the most successful businesses.

A list of the top 25 profitable businesses in India with stock market listings for the fiscal year 2021–2022. The state-run Oil & Natural Gas Corporation (ONGC), which has a net profit of Rs. 40,306 crore, is at the top of the list. Reliance Industries (RIL), owned by Mukesh Ambani, is in second place with a net profit of Rs 39,084 crore.

In addition, RIL is the most valued firm on the Indian stock market with a market cap of Rs 17,56,046 crore. The jewel in the Tata Group’s crown, Tata Consultancy Services (TCS), comes in second with a net profit of Rs 38,187 crore.

According to data from Ace Equity, Tata Steel is in fourth place on the list with a net profit of 33,011 billion, followed by SBI at 31676 billion, Indian Oil Corporation at 24,184 billion, ICICI Bank at 23,339 billion, Infosys at 21,235 billion, and Vedanta at 21,235 billion. HDFC Bank is in fourth place with a net profit of 36,961 billion (Rs 17,245 crore).

The top 25 profitable listed companies in India are mentioned below.

ONGC

Net profit as of March 2022- 40,305.70

Market Capital on 6 Sept 2022 – 1,66,185.5

As a result of its innovative efforts, ONGC stands for India’s energy security. Over 71% of the country’s domestic output is contributed by Maharatna ONGC, the largest oil and gas firm in India. The principal raw material for downstream companies like IOC, BPCL, HPCL, and MRPL (the last two are ONGC subsidiaries) is crude oil, which is used to make petroleum products including gasoline, diesel, kerosene, naphtha, and cooking gas LPG.

ONGC holds a unique place as a company with internal service capabilities in every place of oil and gas exploration, production, and related oil-field services. This government-owned organisation, which won the Best Employer award, has a dedicated staff of about 27,000 professionals who toil nonstop in challenging conditions.

A Maharatna CPSE, HPCL is a subsidiary of ONGC and has the second-largest share of product pipelines in India, with a network of pipes covering finer than 3370 kilometres for the transportation of petroleum products. 14 Zonal offices in key cities and 133 Regional Offices make up a marketing network.

Reliance Industries

Net profit as of March 2022- 39.084.00

Market Capital on 6 Sept 2022 – 17,56,046.1

Reliance Industries Limited, known as RIL, is a well-known global conglomerate with its headquarters in Mumbai. Petrochemicals, energy, retail textiles, Reliance telephony, and natural resources are among the industries in which the firm is well remembered. One of the most profitable businesses in the country is Reliance Industries. In terms of market value, it is among the biggest corporations that are traded globally.

Mukesh Ambani is the chairman and CEO of Reliance Industries, which has interests in petrochemicals, oil and gas, telecom, and retail. Although around 60% of Reliance’s revenue comes from oil refining and petrochemicals, the conglomerate has been reducing this dependence by diversifying into the retail, telecommunications, and technology sectors.

Ambani is refocusing its Reliance on renewable energy. The company is also creating a new complex next to its refinery in addition to investing $80 billion in renewable energy over the ensuing ten to fifteen years. At the 5,000-acre Dhirubhai Ambani Green Energy Giga Complex in Jamnagar, RIL began constructing the four Giga factories that would allow for the mass production of solar panels, energy storage systems, electrolysers, and fuel cells on a worldwide scale.

TCS

Net profit as of March 2022- 38,187.00

Market Capital on 6 Sept 2022 – 11,44,862.3

For more than 50 years, Tata Consultancy Services, an industry that provides IT services, consulting, and business solutions, has operated as a transformation partner with many of the biggest companies in the world.

TCS has a wide range of consulting-driven and cognitively-powered business, technology, and engineering services and solutions. This is delivered using its unique Location Independent AgileTM delivery approach, which is identified as a gold standard in software development.

Over 592,000 of the world’s best-trained consultants work at TCS, a member of the Tata group, the largest multinational enterprise in India, across 55 countries. For the fiscal year that concluded on March 31, 2022, the company, which is listed on the BSE (formerly Bombay Stock Exchange) and the NSE (National Stock Exchange) in India, recorded combined revenues of the US $25.7 billion.

HDFC bank

Net profit as of march of 2022 – 36.961.30

Market Capital on 6 Sept 2022- 8,29,039.7

One of the top private banks in India, HDFC Bank was among the first to get Reserve Bank of India (RBI) approval in 1994 to launch a private sector bank. In 3,203 cities and towns, HDFC Bank now has a banking network of 6,378 branches and 18,620 ATMs.

Customers can access a wide variety of financial products and banking services from HDFC Bank via an expanding branch and ATM network with online mobile banking services like Netbanking and Phonebanking.

Businesses and organisations of all sizes can choose from a broad scope of commercial and transactional banking services provided by HDFC Bank. Working capital financing, trade services, transactional services, and cash management are just a few of the services we deliver.

Tata Steel 

Net profit as of march 2022: 33,011.20

Market Capital on 6 sept 2022 : 1,32,684.8

With offices in Mumbai, Maharashtra, and Jamshedpur, Jharkhand, Tata Steel Limited is a global Indian steel manufacturer. It belongs to the Tata Organization. With a 34 million tonnes yearly capacity for making crude steel, Tata Steel is one of the top producers of steel in the world. It is one of the world’s most geographically diverse steel producers, with operations and a global commercial presence.

Tata Steel employs over 80,500 people and conducts business in 26 countries, with its main actions in India, the Netherlands, and the United Kingdom. Its largest factory, with a 10 MTPA capacity, is situated in Jamshedpur, Jharkhand.

SBI

Net profit as of march 2022: 31,676.00

Market Capital on 6 Sept 2022: 4,79,921.0

State Bank of India (SBI) is a statutory organisation for financial services and a multinational public sector bank with its headquarters in Mumbai, Maharashtra. SBI is the 221st largest company on the Fortune Global 500 list and the 43rd largest bank in the world. It is a public sector bank and the biggest bank in India, with 25% per cent of the overall loan and deposit market and a 23% market share for assets. It is the fifth-largest employer in India with about 250,000 employees.

Indian Oil Corporation

Net profit as of march 2022: 24,184.10

Market Capital on 6 Sept 2022: 99.907.80

IndianOil, the highest ranked energy PSU in India on the Fortune 500 list (Rank 142), reported operating revenue of 7,28,460 crores and a net profit of 24,184 crores for the fiscal year 2021–2022.

IndianOil, a brand with one of the largest consumer interfaces in India, overcomes the problems of difficult terrain, harsh climate, and accessibility to provide priceless petroleum fuels to every nook and cranny of the country through its network of over 56,000 customer touch-points.

More than 15,000 KM of cross-country pipelines and 80.55 MMTPA of group refining capacity support the marketing network. Additionally, IndianOil’s R&D Center in Faridabad, one of Asia’s best for downstream petroleum R&D, gives the Corporation a competitive edge through cutting-edge technology and process solutions as well as creative products.

ICICI Bank

Net profit as of march 2022: 23.339.50

Market Capital on 6 Sept 2022: 6,15,532.4

ICICI Bank Limited is an international bank and provider of financial services in India with its headquarters in Vadodara. It presents a wide range of banking products and financial services for corporate and retail customers through different delivery channels and specialised subsidiaries in the fields of investment banking, life, non-life insurance, venture capital, and asset management.

The bank is present in 17 countries and has a network of 5,275 branches and 15,589 ATMs throughout India. The bank maintains subsidiaries in the UK and Canada, branches in the US, Singapore, Bahrain, Hong Kong, Qatar, Oman, Dubai International Finance Centre, China, and South Africa, and representative offices in the UAE, Bangladesh, Malaysia, and Indonesia, and subcontractors in these countries. The business’s Belgian and German branches were also founded by its UK subsidiary.

Infosys

Net profit as of march 2022:

Market Capital on 6 Sept 2022: 6,15,532.4

Infosys Limited is an international information technology company with offices in India that provides services in business consulting, information technology, and outsourcing. The business is headquartered in Bangalore and was founded in Pune.

Infosys became the fourth Indian company to exceed the $100 billion market value benchmark on August 24, 2021.

Vedanta 

Net profit as of march 2022: 17,245.00

Market Capital on 6 Sept 2022: 98.078.30

At Vedanta, they place a strong emphasis on corporate governance and transparency while focusing on nation-building through sustainable growth. Their primary objectives are to increase manufacturing, decrease imports, and turn India into an “atmanirbhar” of natural resources. They have raised $35 billion from outside over the years and invested it in the country’s natural resources industry. Their path has become synonymous with the growth story of India, and in the past ten years, we have given the government $2,740 billion. We contribute about 1.4% of India’s GDP.

Power grid corporation of India 

Net profit as of march 2022. 17,093.80

Market capital on 6 sept 2022: 1,56,947.7

An Indian public sector company called Electricity Grid Corporation of India Limited specialises in bulk power transmission across several Indian states. Its headquarters are in Gurugram and it is governed by the Ministry of Power, Government of India. On its transmission network, Power Grid transports nearly 50% of the total power produced in India.

90% of India’s interstate and interregional electric power transmission system is covered by Power Grid, which conducts business in the transmission, consulting, telecom, and ULDC/RLDC sectors.

JSW Steel

Net profit as of march 2022- 16,702.00

Market capital on 6 sept 2022- 1,65,446.7

The JSW Group, worth $22 billion, is one of India’s top corporations. JSW is contributing significantly to the expansion of India’s economy with its innovative and sustainable presence across several industries, including steel, energy, infrastructure, cement, paints, venture capital, and sports.

The Group pursues excellence by utilising its strengths and capabilities, which include a successful track record of completing significant capital-intensive & technically complex projects, a differentiated product mix, cutting-edge manufacturing facilities, and a greater focus on pursuing sustainable growth.

JSW Group directly employs close to 40,000 people across India, the United States, Europe, and Africa, with a culturally diverse workforce.

NTPC

Net profit as of march 2022- 16,111.40

Market capital on 6 sept 2022- 1,63,291.9

NTPC is India’s largest power producer, with a total installed capacity of 69,464 MW (including joint ventures). It aims to reach 130 GW of capacity by 2032. The 1975-founded NTPC aspires to be the world’s biggest and greatest power major.

With its core business of establishing power projects and producing electricity, NTPC has extensive Rehabilitation & Resettlement and CSR programmes that are closely interwoven. The company is committed to producing dependable power at reasonable prices in a sustainable manner by maximising the use of diverse energy sources with cutting-edge eco-friendly technology, which allows NTPC to contribute to the development of the country’s economy and the advancement of society.

ITC

 

Net profit as of march 2022- 15,057.80

Market capital on 6 sept 2022- 4,05,433.4

With overall sales of 90,104 crores and a net profit of 15,058 crores, ITC is one of the top private sector companies in India (as of 31.03.2022). ITC operates in several sectors, including agribusiness, FMCG, hotels, packaging, paperboards, and speciality papers. ITC is the only company of its size and diversity in the world that recycles solid waste, water, and carbon emissions positively, illustrating its commitment to setting a good example for sustainable business practices.

Additionally, thanks to ITC’s businesses and value chains, approximately 6 million people, the majority of whom are among the poorest in rural India, have sustainable means of surviving.

HDFC

Net profit as of march 2022- 13,742.20

Market capital on 6 sept 2022- 4,44,453.2

In India, HDFC is a prominent provider of housing financing. Since our start, we have realised over 9 million aspirations with our customised solutions. To encourage home ownership while improving the nation’s supply of residential housing through the systematic and professional provision of housing finance.

By integrating the home finance industry with the overall domestic financial markets, more resources will flow into the housing sector.

Axis Bank

Net profit as of march 2022- 13,025.50

Market capital on 6 sept 2022- 2,30,376.7

Based in Mumbai, Maharashtra Axis Bank Limited is an Indian banking and financial services company that was earlier known as UTI Bank (1993–2007). It provides financial services to SMEs, retail establishments, and large and small businesses.

By 2021, the Bank’s stake in Yes Bank had dropped from 2.39 per cent to 1.96 per cent.

Wipro

Net profit as of march 2022- 12,135.30

Market capital on 6 sept 2022- 2,21,889.9

Wipro Limited, a market-leading provider of technology services and consulting, is committed to creating cutting-edge solutions to meet the most stringent customer demands for digital transformation. They utilise our broad range of expertise in consulting, design, engineering, operations, and emerging technologies to assist clients to achieve their most ambitious goals and build long-lasting businesses. 

Steel Authority of India

Net profit as of march 2022- 12,015.00

Market capital on 6 Sept 2022- 33,849.70

One of India’s main steel producers and a Maharatna of the Central Public Sector Enterprises is the Steel Authority of India Limited (SAIL).

Five integrated facilities and three specific steel plants operated by SAIL, primarily in India’s eastern and central regions and near to domestic raw material sources, produce iron and steel. SAIL produces and sells a variety of steel goods.

Coal India

Net profit as march 2022 – 11,201.60

Market capital on 6 sept 2022- 1,43,437.5

CIL is dedicated to contributing significantly to the achievement of the country’s energy security. A roadmap has been established based on the demand prediction in “Vision 2024” for the country’s coal sector and following demand projection on CIL, where CIL has projected 1 Billion Tonne (Bt) production in the years 2024–2025 to meet the country’s coal need. CIL has evaluated other pertinent topics and selected influential projects to meet this goal.

HCL Technologies

Net profit as of march 2022- 10,874.00

Market Capital on 6 September 2022 – 2,54,501.1

HCL Technologies, a preeminent global technology company, helps businesses rethink their business models for the digital age. Through its global network of R&D facilities and co-innovation laboratories, global delivery capabilities, and more than 211,000 “Ideapreneurs” in 52 countries, HCL delivers complete services across industry verticals to top firms, including 250 of the Fortune 500 and 650 of the Global 2000.

GAIL (India)

Net profit as of march 2022- 10,364.00

Market capital on 6 September 2022 – 61,181.30

The government-owned natural gas producer and explorer GAIL (India) Limited, formerly known as Gas Authority of India Ltd., is in charge of the processing and distribution of natural gas in India. Its main office is located in New Delhi’s GAIL Bhawan. The Ministry of Petroleum and Natural Gas is in charge of overseeing its operations.

GAIL is a member of the National Gas Grid and owns and runs a network of roughly 13,722 kilometres of natural gas pipeline. Currently, it is working on pipeline projects totalling around 6,000 km on its own and about 2,000 km through two JVs. The Company is permitted to build the 1,755 km Mumbai-Nagpur-Jharsuguda Pipeline by PNGRB.

REC

Net profit as of march 2022- 10,045.90

Market Capital on 6 September 2022- 28,412.50

To express a reaction to the urgent needs of the country, REC was established in 1969. The authorities attempted to lessen the reliance of agriculture on monsoons during the period of severe drought by electrifying farm pump sets for effective irrigation.

Since fiscal 1998, they have kept their profit margins constant and paid dividends annually. As a result, we have increased our net worth to over 50,000 crores (as on 31 March 2022).

Power Finance Corporation

Net profit as of march 2022- 10,021.90

Market capital on 6 September 2022- 30,770.10

PFC is essential to India’s emergence as a major participant on the world stage. A nation’s progress is increasingly evaluated based on its energy use. Unfortunately, a sizable portion of their country still lacks access to electricity, thus PFC will become a more significant concern over time.

Hindustan Zinc

Net profit as of march 2022- 9,630.00

Market capital on 6 September 2022- 1,21,330.0

The largest and second-largest zinc-lead miner in the world is Hindustan Zinc. With more than 50 years of operational expertise, they place the utmost importance on protecting their workforce and conserving the earth’s finite natural resources. with a mineral resource basis of 297.6 million MT, a reserve base of 150.3 million MT, and an average zinc-lead grade of 7.8%.

NMDC

Net profit as of march 2022- 9,398.50

Market capital on 6 September 2022- 35,753.40

The largest producer of iron ore in India is NMDC. Since its founding, the firm, which is managed by the Ministry of Steel, has been engaged in the investigation of a variety of minerals in some of the most remote regions of the nation, including copper, rock phosphate, limestone, magnesite, diamond, tungsten, and beach sands.

One of the most affordable iron ore producers in the world is NMDC. In Panna, Madhya Pradesh also runs the only mechanised diamond mine in the country. A 3 MT integrated steel plant is also being built by NMDC in Nagarnar, Chhattisgarh.