Maharatna, Navratna & Miniratna Companies in India – 2023

“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.”

maharatana navratan miniratan companies india

 Maharatna, Navratna & Miniratna Companies in India  – Here we have provided a complete list of Maharatna, Navratna & Miniratna companies. A good GATE (Graduate Aptitude Test in Engineering) score is your ticket to get PSU jobs in many Maharatna, Navratna & Miniratna companies. Here we will talk about PSUs, Some public sector undertaking (PSUs) are recruiting through GATE score while others recruit without GATE score for the post of engineer trainee or graduate engineers.

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. PSUs salary have Basic pay + DA + Perks + HRA/Quarter accommodation + Medical facilities + CPF(Company pay equal amount to your contribution to PF fund) + Gratuity + Yearly PRP(Bonus) depending on performance of company, unit and your gradings.

Maharatna, Navratna and Miniratna Companies

A good GATE (Graduate Aptitude Test in Engineering) score is your ticket to get PSU jobs in many Maharatna, Navratna & Miniratna companies. 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 11
Navratna 13
Miniratna (Category 1) 62
Miniratna (Category 2) 12

Difference between Maharatna , Miniratna and Navratna CPSEs

Category Eligibility Benefits for investment
Maharatna Three years with an average annual net profit of over Rs. 2500 crore,

OR

Average annual Net worth of Rs. 10,000 crore for 3 years, OR Average annual Turnover of Rs. 20,000 crore for 3 years (against Rs 25,000 crore prescribed earlier).

Rs. 1,000 crore – Rs. 5,000 crore, or free to decide on investments up to 15% of their net worth in a project.
Navratna A score of 60 (out of 100), based on six parameters which include net profit, net worth, total manpower cost, total cost of production, cost of services, PBDIT (Profit Before Depreciation, Interest and Taxes), capital employed, etc.,

AND

A company must first be a Miniratna and have 4 independent directors on its board before it can be made a Navratna.

up to Rs. 1,000 crore or 15% of their net worth on a single project or 30% of their net worth in the whole year (not exceeding Rs. 1,000 crores).
Miniratna Category-I Have made profits continuously for the last three years or earned a net profit of Rs. 30 crore or more in one of the three years. up to Rs. 500 crore or equal to their net worth, whichever is lower.
Miniratna Category-II Have made profits continuously for the last three years and should have a positive net worth. up to Rs. 300 crore or up to 50% of their net worth, whichever is lower.

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.

List of Maharatna, Navratna and Miniratna CPSEs
[as on February, 2022]

Maharatna CPSEs

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)

Navratna CPSEs

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) Oil India Limited (OIL)   Follow me
 (12) Rural Electrification Corporation (REC)
 (13) Shipping Corporation of India (SCI)

Miniratna Category – I CPSEs

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) IRCON International Limited    Follow me
 (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) ONGC Videsh Limited
 (47) Pawan Hans Helicopters Limited
 (48) Projects & Development India Limited
 (49) Railtel Corporation of India Limited    Follow me
 (50) Rail Vikas Nigam Limited    Follow me
 (51) Rashtriya Chemicals & Fertilizers Limited
 (52) RITES Limited    Follow me
 (53) SJVN Limited
 (54) Security Printing and Minting Corporation of India Limited   Follow me
 (55) South Eastern Coalfields Limited
 (56) State Trading Corporation of India Limited
 (57) Telecommunications Consultants India Limited
 (58) THDC India Limited    Follow me
 (59) Western Coalfields Limited
 (60) Water and Power Consultancy Services
 (61) Mineral Exploration Corporation Limited
 (62) WAPCOS Limited

Miniratna Category – II CPSEs

S.No. Company Name Company Details
 (1) Bharat Pumps & Compressors Limited
 (2) Broadcast Engineering Consultants (I) Limited
 (3) Central Railside Warehouse Company Limited
 (4) Artificial Limbs Manufacturing Corporation of India
 (5) Engineering Projects (India) Limited
 (6) FCI Aravali Gypsum & Minerals India Limited
 (7) Ferro Scrap Nigam Limited
 (8) HMT (International) Limited
 (9) Indian Medicines & Pharmaceuticals Corporation Limited
 (10) MECON Limited
 (11) National Film Development Corporation Limited
 (12) Rajasthan Electronics & Instruments Limited

List of Maharatna, Navratna and Miniratna CPSEs – February, 2022
   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.

Maharatna, Navratna and Miniratna Companies FAQs

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 Navratna 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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