Top 10 Companies in India 2021
According to the International Monetary Fund (IMF) figures for 2021, India is the world's sixth-largest economy in terms of nominal GDP. Global businesses consider India the next growth market since it is the only sizable low-penetration market outside China and the United States.
Every company conducting business in India works hard to raise the quality of their products & services and the customer satisfaction they provide. A company's rating is frequently determined by several variables, such as its assets, earnings, revenue, sales, market price, share price, etc.
The following list of companies will provide you with plenty of useful information on the top 10 companies in India 202. The following list of firms will provide useful information on the top 10 companies in India.
1. Reliance Industries Limited
RIL is a Mumbai-based Indian multinational corporation led by Mukesh Ambani. In the 1960s, Dhirubhai Ambani & Champaklal Damani jointly founded Reliance Commercial Corporation.
In India, Reliance owns operations in the telecoms, petrochemicals, textile, natural resources, and energy sectors. Reliance is India's most successful company. Its marketing and refining activities comprise around 25 percent of India's total capacity for refining, and the company is the dominant force in the country's polyester market.
This company is listed on the Bombay & National Stock Exchanges of India. The company has maintained consistency for many years and is often a top pick for stock investors.
It is one of the most profitable companies in India and is also the most valuable, with a market capitalization of Rs.14,20,338 Crores as of 2021.
TCS is a multinational Indian IT service & consulting firm based in Mumbai. The Tata Group segment employs people in 149 sites throughout 46 nations.
TCS is India's largest IT corporation and the second-largest Indian company in terms of market value. TCS is currently the world's most valued IT services brand. TCS has made large R&D investments with a focus on innovation. It has built research facilities in the US and India to create new technologies and solutions.
TCS is a favorite among stock traders. It has been listed on the BSE & NSE since 2004. Its market cap in 2021 was Rs.11,66,503 crores.
3. HDFC Bank
HDFC Bank is an Indian banking & financial services firm founded in 1994 and headquartered in Mumbai.
The bank has 4,963 branches & 13,160 ATMs dispersed around the country in 2,727 cities/towns. The bank's asset base is solid, with a high capital adequacy ratio and a low ratio of non-performing loans. The bank is well-positioned to capture both the rate, squeeze rate markets, squeeze out credit for NBFCs, and consolidate PSU Banks. It is India's biggest private bank. By assets & market value, it is India's largest private-sector lender. In the financial year 2019, HDFC bank generated revenue worth Rs.1,17,000 crores, and in 2021, the bank had a market cap of Rs.8,33,676 crores.
HDFC Bank is an Indian banking & financial services firm founded in 1994, and its headquarters is in Mumbai.
The bank has 4,963 branches & 13,160 ATMs dispersed around the country in 2,727 cities/towns. The bank's asset base is solid, with a high capital adequacy ratio and a low ratio of non-performing loans. The bank is well-positioned to capture both the rate, squeeze rate markets, squeeze out credit for NBFCs, and consolidate PSU Banks. It is India's biggest private bank. By assets & market value, it is India's largest private-sector lender. In the financial year 2019, HDFC bank generated revenue worth Rs.1,17,000 crores, and in 2021, the bank had a market cap of Rs.5,89,781 crores.
5. Hindustan Unilever Ltd (HUL)
In 1933, Hindustan Unilever Limited was established, and its headquarters is in Mumbai. Foods, drinks, household cleaners, cosmetics, water purifiers, & consumer items are among its products. Over 18000 people work for the company, which includes 35 product names across 20 categories. Despite being a private company, HUL strives to maximize its beneficial influence on all stakeholders through corporate social responsibility programs.
The firm continues to be a top choice in the industry due to its strong volume growth compared to competitors and superior profitability growth compared to past performance.
In the financial year 2021, the company made a profit of more than 6,000 crore rupees, and its market cap was around Rs.5,271,195 crores.
HDFC is a Mumbai-based financial services company established as India's first specialty mortgage firm in 1977. It is a major source of home finance in India. The following sectors are also where HDFC operates: banking, general insurance, health insurance, life insurance, asset management, venture funding, real estate, education, deposit, & student loans. Through its unit HDFC Asset Management Accounting Ltd, HDFC provides mutual fund services. In HDFC Bank, HDFC owns 26.14% of the stock. For a fee, HDFC Bank obtains mortgages for HDFC. In the year 2021, its market cap was Rs.4,52,818 crores.
7. ICICI Bank
ICICI Bank is a worldwide Indian banking & financial services company headquartered in Mumbai with a regional office in Vadodara. This bank was listed on India's stock exchange in the financial year 1998, and ICICI became the first Indian company ever to be listed on the New York stock exchange in 1999. In investment banking, life & non-life insurance, venture capital, & asset management, it provides various financial services & banking products.
ICICI Bank operates in 17 countries and has 5,275 branches and 15,589 ATMs located around the nation. With the resolution of stressed assets and a pick-up in growth, ICICI's operating performance is improving and exhibiting indications of profit normalization. One might assume that the credit cost will decline as asset quality stabilizes, sustaining the return ratios. So, the stock can be viewed from a long-term perspective. In 2021, the market cap was around Rs.4,11,369 crores.
8. Kotak Mahindra Bank
Kotak Mahindra is India's second-largest bank. It started as a non-banking finance company, an NBFC founded by Uday Kotak in 1985, and at the time, it went by the name of Kotak Mahindra finance. However, in 2003 the company received a banking license from the RBI and became the first ever NBFC to become a bank; as a result, Kotak Mahindra Finance became the Kotak Mahindra Bank. The bank offers financial and banking services like personal finance, life insurance, investment banking, and wealth management to corporative & retail customers. In the year 2021, the market cap was around Rs.3,77,261 crores.
9. State Bank of India
SBI is a public sector banking & financial services statutory entity with headquarters in Mumbai and a multinational company. SBI holds a market share of 23% based on assets and 25% of total loans and deposits.
SBI has 62,616 ATMs & more than 21,000 branches. One of the top choices in the PSU sector is the bank. It frequently appears on lists of Indian companies with the highest market caps. The SBI now ranks among the top 10 Indian firms with a market capitalization of Rs. 3,37,451 crores.
10. Bajaj Finance
Bajaj Finance Limited is an Indian non-banking financial company (NBFC) subsidiary of Bajaj Finserv. The company's areas of specialization are consumer lending, small and mid-sized firms, commercial loans, and asset management.
With its company headquarters in Pune, Maharashtra, the company has 294 retail outlets, 497 rural sites, & more than 33,000 distribution terminals. The market value of Bajaj Finance is Rs. 3,29,434 crores.
We discussed above the companies that performed well in the year 2021. Besides significant multinationals and well-known subsidiaries, India's top 10 largest firms are mostly in the banking industry. Six of India's top 10 most profitable corporations are in the banking sector. In addition to HDFC, these companies offer banking services through ICICI Bank (which also has affiliates in the UK & Canada), Bajaj Finance, Kotak Mahindra Bank, and SBI, the first and largest national bank in India.0
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