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“What is the list of maharatna, navratna & miniratna companies in india?
What are the maharatna, navratna & miniratna CPSEs?
What are the maharatna, navratna & miniratna PSUs?
You all must have this kind of questions in your mind. Below article will solve this puzzle of yours. Just take a look.”
Maharatna, Navratna & Miniratna Companies – Here we have provided a complete list of Maharatna, Navratna & Miniratna companies.
Public Sector undertakings (PSUs) or CPSEs are mainly divided in Maharatna, Navratna, Miniratna Category I & II on the basis of their financial performance, net worth, revenue, profit etc.
Guidelines for the criteria are issued by Department of Public Enterprises which is a nodal department for all CPSEs.
Contents
- Maharatna, Navratna & Miniratna Companies in India
- Difference between Maharatna , Miniratna and Navratna CPSEs
- Established Year of Maharatna, Navratna and Miniratna CPSEs
- List of Maharatna, Navratna and Miniratna CPSEs [as on February, 2023]
- List of Maharatna, Navratna and Miniratna Companies in India PDF
- Maharatna, Navratna and Miniratna Companies FAQs
- PSUs Total Information & Guidance
Public Sector undertakings (PSUs) or CPSEs are mainly divided on the basis of their financial performance, net worth, revenue, profit etc. PSU companies are divided into three categories:
| CPSEs | Total No. of CPSEs |
|---|---|
| Maharatna | 13 |
| Navratna | 16 |
| Miniratna (Category 1) | 57 |
| Miniratna (Category 2) | 11 |
In India, there are three types of companies: Maharatna, Navratna, and Miniratna.
Maharatna companies have more power and autonomy than Navratna or Miniratna companies. The Maharatna category was introduced in 2009 to help large CPSEs expand their operations.
Maharatna, Miniratna, and Navratna are categories of Central Public Sector Enterprises (CPSEs) in India, each with its specific criteria and privileges.
These categories are established by the Government of India to classify and categorize CPSEs based on their financial performance, size, and operational autonomy. Here is the difference between Maharatna, Miniratna, and Navratna CPSEs:
1. Maharatna CPSEs
-
- Criteria: To qualify as a Maharatna CPSE, a company must meet the following criteria:
- It should be a Navratna CPSE.
- It should have an average annual turnover of at least Rs. 25,000 crores during the last three years.
- It should have an average annual net worth of at least Rs. 15,000 crores during the last three years.
- It should have an average annual net profit of at least Rs. 5,000 crores during the last three years.
- It should have significant global operations and international presence.
- Operational Autonomy: Maharatna CPSEs enjoy greater operational and financial autonomy compared to other categories. They have more flexibility in decision-making, including investments, joint ventures, and mergers and acquisitions.
- Investment Limits: Maharatna CPSEs can make equity investments up to 15% of their net worth in a single project, not exceeding 30% of their net worth in all projects. They can also invest up to Rs. 1,000 crores in a joint venture or a wholly-owned subsidiary without seeking government approval.
- Board Composition: The board of a Maharatna CPSE should have at least three functional directors and two non-official directors.
- Criteria: To qualify as a Maharatna CPSE, a company must meet the following criteria:
-
- Criteria: To qualify as a Navratna CPSE, a company must meet the following criteria:
- It should have a schedule ‘A’ and Miniratna Category-1 status.
- It should have an average annual turnover of at least Rs. 6,000 crores during the last three years.
- It should have an average annual net worth of at least Rs. 2,000 crores during the last three years.
- It should have an average annual net profit of at least Rs. 1,000 crores during the last three years.
- It should have significant operational and financial autonomy.
- Operational Autonomy: Navratna CPSEs have a considerable degree of operational autonomy. They can make investment decisions, enter into joint ventures, and undertake expansion projects with limited government interference.
- Investment Limits: Navratna CPSEs can make equity investments up to 15% of their net worth in a single project, not exceeding 30% of their net worth in all projects. They can also invest up to Rs. 1,000 crores in a joint venture or a wholly-owned subsidiary without seeking government approval.
- Board Composition: The board of a Navratna CPSE should have at least three functional directors and two non-official directors.
- Criteria: To qualify as a Navratna CPSE, a company must meet the following criteria:
3. Miniratna CPSEs
-
- Criteria: Miniratna CPSEs are further classified into two categories: Miniratna Category-1 and Miniratna Category-2.
- Miniratna Category-1: To qualify as a Miniratna Category-1 CPSE, a company should have made profits continuously for the last three years and have a positive net worth.
- Miniratna Category-2: To qualify as a Miniratna Category-2 CPSE, a company should have made profits continuously for the last three years but may have a negative net worth.
- Operational Autonomy: Miniratna CPSEs have a moderate degree of operational autonomy. They have some flexibility in decision-making but are subject to government guidelines and approvals for certain matters.
- Investment Limits: Miniratna CPSEs have limitations on equity investments, joint ventures, and mergers and acquisitions. They need to seek government approval for significant investments.
- Board Composition: The board of a Miniratna CPSE should have at least three functional directors and two non-official directors.
- Criteria: Miniratna CPSEs are further classified into two categories: Miniratna Category-1 and Miniratna Category-2.
In summary, Maharatna CPSEs are the highest category and enjoy the most significant operational and financial autonomy, followed by Navratna CPSEs and then Miniratna CPSEs.
The categorization is based on the financial performance and size of the CPSEs, with each category having specific criteria and privileges granted by the Government of India.
1. Established Year of Maharatna Companies in India 2024
| S.No. | Company Name | Established Year |
|---|---|---|
| 1. | Bharat Heavy Electricals Limited (BHEL) | 1964 |
| 2. | Bharat Petroleum Corporation Limited (BPCL) | 1952 |
| 3. | GAIL India Limited (GAIL) | 1984 |
| 4. | Coal India Limited (CIL) | 1975 |
| 5. | Hindustan Petroleum Corporation Limited (HPCL) | 1974 |
| 6. | Steel Authority of India Limited (SAIL) | 1954 |
| 7. | National Thermal Power Corporation (NTPC) | 1975 |
| 8. | Rural Electrification Corporation Limited (REC) | 1969 |
| 9. | Power Finance Corporation (PFC) | 1986 |
| 10. | Power Grid Corporation of India Limited (POWERGRID) | 1989 |
| 11. | Indian Oil Corporation Limited (IOCL) | 1959 |
| 12. | Oil & Natural Gas Corporation Limited (ONGC) | 1956 |
| 13. | Oil India Limited (OIL) | 1959 |
2. Established Year of Maharatna Companies in India 2024
| S.No. | Company Name | Established Year |
|---|---|---|
| 1. | Engineers India Limited (EIL) | 1965 |
| 2. | Container Corporation of India Limited (CONCOR) | 1988 |
| 3. | Bharat Electronics Limited (BEL) | 1954 |
| 4. | Hindustan Aeronautics Limited (HAL) | 1940 |
| 5. | Neyveli Lignite Corporation Limited (NLC India) | 1956 |
| 6. | Rashtriya Ispat Nigam Limited (RINL) | 1971 |
| 7. | Rashtriya Chemicals & Fertilisers Limited (RCF) | 1978 |
| 8. | Mahanagar Telephone Nigam Limited (MTNL) | 1986 |
| 9. | National Buildings Construction Corporation Limited (NBCC) | 1960 |
| 10. | National Aluminium Company Limited (NALCO) | 1981 |
| 11. | National Mineral Development Corporation Limited (NMDC) | 1958 |
| 12. | Rail Vikas Nigam Limited (RVNL) | 2003 |
| 13. | Shipping Corporation of India Limited (SCI) | 1961 |
| 14. | ONGC Videsh Limited (OVL) | 1965 |
| 15. | RITES Limited | 1974 |
| 16. | IRCON International Limited | 1976 |
Here we are providing list of Maharatna, Navratna & Miniratna companies. GATE aspirants can check Maharatna, Navratna & Miniratna companies name along with details using the tables given below.
1. List of Maharatna Companies in India 2024
| S.No. | Company Name | Company Details |
|---|---|---|
| 1 | Bharat Heavy Electricals Limited (BHEL) | Follow me |
| 2 | Coal India Limited (CIL) | Follow me |
| 3 | Gas Authority of India Limited (GAIL) | Follow me |
| 4 | Indian Oil Corporation Limited (IOCL) | Follow me |
| 5 | National Thermal Power Corporation (NTPC) | Follow me |
| 6 | Oil and Natural Gas Corporation (ONGC) | Follow me |
| 7 | Steel Authority of India Limited (SAIL) | Follow me |
| 8 | Bharat Petroleum Corporation Limited (BPCL) | Follow me |
| 9 | Hindustan Petroleum Corporation Limited (HPCL) | Follow me |
| 10 | Power Grid Corporation of India Limited (PGCIL) | Follow me |
| 11 | Power Finance Corporation (PFC) | |
| 12 | Oil India Limited (OIL) | Follow me |
| 13 | Rural Electrification Corporation (REC) |
| S.No. | Company Name | Company Details |
|---|---|---|
| 1 | Bharat Electronics Limited (BEL) | Follow me |
| 2 | Rashtriya Ispat Nigam Limited (RINL) | Follow me |
| 3 | Container Corporation of India (CONCOR) | Follow me |
| 4 | Engineers India Limited (EIL) | Follow me |
| 5 | Hindustan Aeronautics Limited (HAL) | Follow me |
| 6 | Mahanagar Telephone Nigam Limited (MTNL) | Follow me |
| 7 | National Aluminium Company (NALCO) | Follow me |
| 8 | National Buildings Construction Corporation (NBCC) | Follow me |
| 9 | National Mineral Development Corporation (NMDC) | |
| 10 | Neyveli Lignite Corporation Limited (NLCIL) | Follow me |
| 11 | Shipping Corporation of India (SCI) | |
| 12 | Rail Vikas Nigam Limited | Follow me |
| 13 | ONGC Videsh Limited | |
| 14 | Rashtriya Chemicals & Fertilizers Limited | |
| 15 | IRCON International Limited | Follow me |
| 16 | RITES Limited | Follow me |
3. List of Miniratna Category – I Companies in India 2024
| S.No. | Company Name | Company Details |
|---|---|---|
| 1 | Airports Authority of India | Follow me |
| 2 | Antrix Corporation Limited | |
| 3 | Balmer Lawrie & Co. Limite | |
| 4 | Bharat Coking Coal Limited | |
| 5 | Bharat Dynamics Limited | |
| 6 | BEML Limited | Follow me |
| 7 | Bharat Sanchar Nigam Limited | Follow me |
| 8 | Bridge & Roof Company (India) Limited | |
| 9 | Central Warehousing Corporation | Follow me |
| 10 | Central Coalfields Limited | |
| 11 | Central Mine Planning & Design Institute Limited | |
| 12 | Chennai Petroleum Corporation Limited | |
| 13 | Cochin Shipyard Limited | |
| 14 | Dredging Corporation of India Limited | |
| 15 | Educational Consultants India (EDCIL) | |
| 16 | Kamarajar Port Limited | |
| 17 | Garden Reach Shipbuilders & Engineers Limited | |
| 18 | Goa Shipyard Limited | |
| 19 | Hindustan Copper Limited | Follow me |
| 20 | HLL Lifecare Limited | |
| 21 | Hindustan Newsprint Limited | |
| 22 | Hindustan Paper Corporation Limited | Follow me |
| 23 | Housing & Urban Development Corporation Limited | |
| 24 | HSCC (India) Limited | |
| 25 | India Tourism Development Corporation Limited | |
| 26 | Indian Rare Earths Limited | |
| 27 | Indian Railway Catering & Tourism Corporation Limited | |
| 28 | Indian Renewable Energy Development Agency Limited | |
| 29 | India Trade Promotion Organization | |
| 30 | WAPCOS Limited | |
| 31 | KIOCL Limited | |
| 32 | Mazagaon Dock Limited | Follow me |
| 33 | Mahanadi Coalfields Limited | |
| 34 | Manganese Ore (India) Limited | |
| 35 | Mangalore Refinery & Petrochemical Limited | |
| 36 | Mishra Dhatu Nigam Limited | |
| 37 | MMTC Limited | |
| 38 | MSTC Limited | |
| 39 | National Fertilizers Limited | Follow me |
| 40 | National Small Industries Corporation Limited | |
| 41 | National Seeds Corporation | |
| 42 | NHPC Limited | Follow me |
| 43 | Northern Coalfields Limited | |
| 44 | North Eastern Electric Power Corporation Limited | |
| 45 | Numaligarh Refinery Limited | |
| 46 | Pawan Hans Helicopters Limited | |
| 47 | Projects & Development India Limited | |
| 48 | Railtel Corporation of India Limited | Follow me |
| 49 | Western Coalfields Limited | |
| 50 | Water and Power Consultancy Services | |
| 51 | Mineral Exploration Corporation Limited | |
| 52 | SJVN Limited | |
| 53 | Security Printing and Minting Corporation of India Limited | Follow me |
| 54 | South Eastern Coalfields Limited | |
| 55 | State Trading Corporation of India Limited | |
| 56 | Telecommunications Consultants India Limited | |
| 57 | THDC India Limited | Follow me |
4. List of Miniratna Category – II Companies in India 2024
| S.No. | Company Name | Company Details |
|---|---|---|
| 1 | Bharat Pumps & Compressors Limited | |
| 2 | Broadcast Engineering Consultants (I) Limited | |
| 3 | Artificial Limbs Manufacturing Corporation of India | |
| 4 | Engineering Projects (India) Limited | |
| 5 | FCI Aravali Gypsum & Minerals India Limited | |
| 6 | Ferro Scrap Nigam Limited | |
| 7 | HMT (International) Limited | |
| 8 | Indian Medicines & Pharmaceuticals Corporation Limited | |
| 9 | MECON Limited | |
| 10 | National Film Development Corporation Limited | |
| 11 | Rajasthan Electronics & Instruments Limited |
| List of Maharatna, Navratna and Miniratna CPSEs – February, 2024 |
| Click Here |
This post is designed for providing more information about Public sector undertaking (PSUs).
We have provided Maharatna, Navratna & Miniratna companies list and we will update this list time to time.
If you find there is any change in this list you may notify us using below comment box. We will update information in the above list as soon as possible.
Which is better Maharatna or Navratna?
Maharatna status gives more autonomy and authority to a company than the other categories such as Navratna or Miniratna. PSUs with Maharatna status can invest 15% of their net worth in a project without the prior permission from the Government of India.
Is NTPC a Maharatna company?
NTPC became a Maharatna company in May 2010. As of January 2020, there are 10 Maharatnas CPSEs in India.
Is BHEL a navratna company?
Currently, BHEL is a Maharatna company.
Which is better NTPC or BHEL?
As compared to pay scales NTPC is better. If you want to get large on-field experience in manufacturing then BHEL is better.
Is NTPC a good job?
NTPC is a great place to work. NTPC is a good organisation having good work culture and work life balance.
Is NTPC a government job?
NTPC Limited, formerly known as National Thermal Power Corporation Limited, is an Indian government electricity board engaged in the business of generation of electricity and allied activities. It is a company incorporated under the Companies Act 1956 and is owned by the Ministry of Power , Government of India.
Which is the most profitable PSU in India?
The top three profit making PSUs including Oil and Natural Gas Corporation (ONGC), Indian Oil Corporation and NTPC contributed 15.3 per cent, 9.68 per cent and 6.73 per cent, respectively to the total profit earned by all profitable CPSEs.
Is PSU a govt job?
Yes, Government of India and State Government owned, undertaking companies are called Public Sector Undertaking (PSU) or a Public Sector Enterprise.
Is Indian Railway a PSU?
Indian Railways (IR) is a governmental entity under the Ministry of Railways that operates India's national railway system.
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