According to the Burgundy Private Hurun India 500 Special Report(SR), Reliance Industries Limited(RIL) has become India’s most valuable company with a value of Rs 18.9 lakh crore followed by Tata Consultancy Services (TCS) with Rs 12.9 lakh crore and HDFC Bank with Rs 7.7 lakh crore.
- The report states that the value of the top 500 companies in India has increased by 2% to Rs 232 lakh crore from Rs 221 lakh crore as on 30th October 2021.
About the report:
Burgundy Private, a private banking platform of Axis Bank, and Hurun India launched “Burgundy Private Hurun India 500 Special Report(SR)” a 6-month update (from 30th October 2021 to 30th April 2022) of the 2021 Burgundy Private Hurun India 500, a list of 500 most valuable non-state-owned companies in India, released in December 2021.
Top 5 on the Special Report:
| Rank | Company | Value(Crore)Rs | Change | CEO |
|---|---|---|---|---|
| 1 | RIL | 18,87,881 | 13.4% | Mukesh Ambani |
| 2 | TCS | 12,97,756 | -0.9% | Rajesh Gopinathan |
| 3 | HDFC Bank | 7,67,836 | -15.2% | Sashidhar Jagdishan |
| 4 | Infosys | 6,59,427 | -12.3% | Salil Parekh |
| 5 | ICICI Bank | 5,16,502 | -3.9% | Sandeep Bakhshi |
- Top 10 on the list includes, Adani Green Energy(6th); Bharti Airtel(7th), Housing Development Finance Corporation(HDFC) (8th), Bajaj Finance(9th), and Kotak Mahindra Bank(10th).
- Among the top 10, 6 companies are headquartered in Mumbai, Maharashtra.
Note: the total value of the top 10 companies has remained unchanged at Rs 71.8 lakh crore. This is equal to 37% of India’s Gross Domestic Product (GDP) and 31% of the total value of the 2021 Burgundy Private Hurun India 500.
Key Points:
i.In the period of 6 months, the value of RIL has increased by 13.4% i.e., Rs 2.2 lakh crore while the total value of TCS declined by 0.9% and the value of HDFC Bank declined by 15.2%.
ii.During the review period, the total value of 219 companies declined and 10 companies remained constant and 36 dropped out from the list.
iii.Adani Green Energy, Reliance Industries and Adani Total Gas were the biggest gainers in terms of absolute value.
iv.Nine companies grew by more than 100%, Vedant Fashions (Kolkata) tops the list with 313% followed by Adani Wilmar (189%) and BillDesk(172.9%).
Top 5 in Unlisted companies:
| Rank | Company | Value(Crore)Rs | Change | CEO |
|---|---|---|---|---|
| 1 | National Stock Exchange of India | 2,28,100 | 35.6% | Vikram Limaye |
| 2 | Serum Institute of India | 1,75,000 | -4.6% | Adar Poonawalla |
| 3 | BYJU’S | 1,68,300 | 24.7% | Byju Raveendran |
| 4 | Swiggy | 81,800 | 98.3% | Sriharsha Majety |
| 5 | OYO | 73,400 | 4.1% | Ritesh Agarwal |
- National Stock Exchange of India(NSE) is the most valuable unlisted company in India growing by 35.6% to Rs 2,28,100 crore.
Top 5 Industrial Groups
| Rank | Industrial Group | Number of companies | Total value (Rs Crore) | Most Valuable Company |
|---|---|---|---|---|
| 1 | Tata Group | 14 | 22,02,823 | TCS |
| 2 | Adani Group | 9 | 18,01,172 | Adani Green Energy |
| 3 | Aditya Birla Group | 7 | 5,09,762 | UltraTech Cement |
| 4 | Murugappa Group | 6 | 1,59,073 | Cholamandalam Investment & Finance |
| 5 | Bajaj Group | 5 | 8,19,249 | Bajaj Finance |
| Jindal Group | 5 | 3,01,135 | JSW Steel | |
| Godrej Group | 5 | 1,69,794 | Godrej Consumer Products |
Highlights of Adani Group:
i.Adani Group Companies made the maximum gain during the review period and surpassed all others by a huge margin.
ii.9 companies in the Adani Group have a combined value of Rs 17.6 lakh crore which constitutes 7.6% of the total value of 500 top companies.
iii.In a period of 6 months, Adani Green Energy has gained 139% (Rs 2,62,238 crore) and reached a total value of Rs 4,50,874 crore and moved up the ranking from 16th in the 2021 report to 6th in the Special report.
iv.Adani Power gained 157.8% (Rs 66,185 crore) and Adani Wilmar grew by 189.8% (Rs 66,427 crore) during the period.
Industry distribution:
i.The Financial Services and Healthcare are the biggest contributors to the Burgundy Private Hurun India 500 – SR with 81 and 55 companies respectively.
ii.Financial Services has recorded more than one-fifth of the cumulative value of the list in terms of value created, followed by Software & Services (14%) and Healthcare (7.2%).
Geographical distribution:
i.The companies featured in the report come from 15 states, led by Maharashtra (195), Karnataka (60) and Tamil Nadu(43).
ii.In terms of cities, Mumbai led the list with 159 companies followed by Bengaluru with 59 companies, Gurugram with 38 and Chennai and New Delhi with 36 each.
