India’s Best PSU Winner 2018 | Thursday, May 16, 2019 Print ------------- ROLL OF HONOUR ------------- Indian Oil Corporation Limited Highest dividend yield Maharatna of the year (Manufacturing) Shri. Sanjiv Singh Chairman, Indian Oil Corporation Ltd IOCL is engaged in refining, transporting and marketing petroleum products. Its operations have been expanded to include the hydrocarbon value chain – upstream into oil and gas exploration and production and downstream into petrochemicals. It has also diversified into natural gas and alternative energy sources. The company declared dividend of Rs 11,169 crore in FY18 as against Rs 9,226 crore in FY17. It reported revenue from operations of Rs 5,06,428crore in FY18 as compared to Rs 4,45,442 crore in FY17. Consequently, PAT surged to Rs 21,346 crore in FY18 from Rs 19,106 crore in FY17. The EPS soared to Rs 22.52 in FY18 from Rs 20.16 in FY17. In FY18, the company achieved record sales, crossing the 10 million tonnes mark. It also expanded its marketing infrastructure and retail network, particularly fuel stations and LPG distributorships. During the year, the company paid an interim dividend of Rs 19 per share and the board also recommended a final dividend of Rs 2 per share. This is in addition to the successive issue of bonus shares in the ratio of 1:1 during FY17 and FY18. As such, the dividend payout ratio improved to 52 per cent in FY18 from 48 per cent in FY17. FY18 marks the 51st consecutive year for which the company has recommended payment of dividend. Bharat Heavy Electricals Limited Fastest growing Maharatna of the year (Manufacturing) Shri. Atul Sobti CMD, Bharat Heavy Electricals Ltd. BHEL is the largest engineering and manufacturing enterprise in India. It operates in the energy and infrastructure sector and caters to core sectors such as power generation, transmission, industry, transportation, renewable energy, oil & gas, water, defence, aerospace, etc. It is ranked the second largest employer in the Indian capital goods industry. The company reported turnover of Rs 27,850 crore in FY18 as against Rs 27,740 crore in FY17, posting a modest YoY growth of 0.39 per cent. EBITDA, however, rose to Rs 2,626 crore in FY18 from Rs 1,827 crore in FY17, thereby rising 43.73 per cent. PAT climbed to Rs 807 crore in FY18 from Rs 496 crore in FY17, registering a YoY growth of 62.70 per cent. Dividend payout also improved substantially to Rs 804 crore in FY18 from Rs 466 crore in FY17, thereby showcasing a rise of 72.53 per cent. EPS too increased to Rs 2.20 in FY18 from Rs 1.35 in FY17, posting a YoY growth of 62.96 per cent. The company boasts a robust order pipeline as it received orders to the tune of Rs 40,932 crore in FY18 as against Rs 23,489 crore in FY17. As such, its total order pipeline stands at Rs 1,18,000crore, which is the highest reported figure during the last five years. It enjoys 100 per cent market share in thermal utility segment. It also booked the highest ever orders in transportation, defence and water segments. NTPC Ltd. Most Efficient Maharatna of the Year (Manufacturing) Shri. Gurdeep Singh CMD, NTPC Ltd. NTPC is India's largest energy conglomerate which is engaged in the generation of electricity via hydro, nuclear and renewable energy sources. It has diversified into the fields of consultancy, power trading, training of power professionals, rural electrification, ash utilisation and coal mining. NTPC recorded a turnover of Rs 81,529.09 crore in FY18, posting a YoY growth of 5.23 per cent. Consequently, its profit rose 10.21 per cent YoY to Rs 10,343.17 crore. It paid total dividend of Rs 4,040.28 crore in FY18 as against Rs 3,595.03 crore in FY17. The total power generated during FY18 grew 6 per cent, showcasing the growth in energy demand of India. Its coal stations achieved a PLF of 77.9 per cent in FY18 as against national PLF of 60.7 per cent. Thus, the company has been operating at a much higher operating efficiency in comparison to all India operating performance. Furthermore, it added 4,423 MW to its commercial capacity, which is the second highest ever commercial capacity added in any year. NTPC succeeded in lowering its weighted average cost of borrowings to less than 7 per cent in FY18. Moreover, it achieved 100 per cent realization of current bills for the fifteenth year in a row. GAIL (India) Ltd. Highest 3-year CAGR sales growth Maharatna of the Year Shri. B. C. Tripathi CMD, GAIL (INDIA) Limited GAIL (India) Ltd. is an integrated energy company which operates in the hydrocarbon sector. It operates across the segments of transmission services, natural gas trading, petrochemicals, LPG and other liquid hydrocarbons, city gas distribution, etc. GAIL's turnover rose 10 per cent to Rs. 53,690 crore in FY18 while its PAT climbed 32 per cent to Rs. 4,618 crore. In doing so, it crossed the peak gross profit of over USD 1 billion for the first time after 2013. The return on net worth (RONW) improved to 13.14 per cent in FY18 from 10.83 per cent in FY17. As a testimony to investors' growing confidence in the long-term growth potential of the company, GAIL's market cap rose to Rs 74,090 crore in FY18 from Rs 63,669 crore in FY17. The company issued bonus shares in the ratio of 1:3. The board also recommended the highest ever total dividend payout of Rs 1,619 crore, thereby leading to a historic dividend distribution at 35 per cent of PAT. Its EPS too posted a growth of 32 per cent as it rose to Rs. 20.48. The downstream segments of the company's business experienced the highest growth in sales and margins in FY18 on account of steady production and recovery in prices. Oil & Natural Gas Corporation Ltd. Maharatna of the Year (Non-Manufacturing) Shri. Shashi Shanker CMD, Oil and Natural Gas Corporation ONGC is the largest crude oil and natural gas company in India. It contributes nearly 70 per cent to Indian domestic production. It ranks 11th among global energy majors (Platts ranking). On the consolidated financial front, the company recorded 107.63 per cent growth in revenue from operations of Rs 3,62,246.18 crore in FY18. However, the profit after tax (PAT) dropped 16.60 per cent YoY to Rs 22,105.92 crore in FY18. Consequently, EPS plummeted to Rs 17.23 in FY18 from Rs 30.98 in FY17, thereby sinking 44.38 per cent. The company realized USD 57.33/bbl for crude sold in the domestic market in FY18 as compared to USD 50.27/bbl in FY17. The total dividend payout in FY18 stood at Rs 84,699 million with an impressive payout ratio of 51.13 per cent. The company has consistently maintained a dividend payout ratio of more than 50 per cent over the last 4 years. In FY18, the company made 12 hydrocarbon discoveries of which two have already been put on production. The acquisition of HPCL strengthened its downstream portfolio. There was an improvement in crude oil production, natural gas production and domestic hydrocarbon volumes. The production of value-added products also increased for the fourth consecutive year. Its upstream capital programme has fared much better over the last four years in comparison to its peers. Coal India Ltd. Most Efficient & Fastest Growing Maharatna of the year (Non-Manufacturing) Shri. A. K. Jha Chairman, Coal India Ltd. CIL is a state-owned coal mining company. It is the single largest coal producer in the world and enjoys a reputation as one of the largest profit making, tax paying and dividend paying enterprises in India. On the consolidated financial front, the company reported net sales of Rs 81,729.46 crore in FY18, posting a growth of 8.10 per cent YoY. Its profit for the period dropped 24.34 per cent to Rs 7,020.22 crore in FY18. The capital-turnover ratio improved to 1.94x in FY18 as against 1.58x in FY17. In FY18, the company achieved an all-time high offtake of 580.28 million tonnes, recording a YoY growth of 6.8 per cent. It commissioned two long pending major rail infrastructure projects and two coking coal washeries. CIL is one of the highest contributors to the government exchequer. In the financial year, it paid taxes of Rs 7,432.89 crore to the government. To the government and shareholders, it paid an interim dividend of Rs 10,242.24 crore, amounting to Rs 16.50 per share. In order to sustain its growth momentum, CIl has undertaken major railway infrastructure projects. Hindustan Petroleum Corporation Ltd. Fastest growing Navratna of the year (Manufacturing) Shri. Mukesh Kumar Surana CMD, Hindustan Petroleum Corporation Limited HPCL is a Navratna status and a Forbes 2000 company. It owns and operates two major refineries that produce petroleum fuels and specialties. It also owns and operates the largest lube refinery in India producing lube base oils with a capacity of 428 TMT. Income from operations rose 13.92 per cent to Rs 2,43,226.66crore in FY18. The company reported EBITDA of Rs 12,521.39 crore in FY18, posting a YoY growth of 3.55 per cent. Consequently, net profit climbed to Rs 6,357.07, thereby rising 2.38 per cent YoY. Its net worth surged 17.69 per cent to Rs 23,948.22 in FY18. EPS rose to Rs 41.72 in FY18, thereby rising 2.40 per cent YoY. The company recorded its best ever performance in FY18, surpassing the highest ever profit and sales recorded during the previous year. It also achieved several best ever milestones in various businesses. As a result, HPCL was included in the NSE's benchmark Nifty 50 index in FY18. The total dividend payout for the FY18 was Rs 17 per share. During the year, the company also issued bonus shares in the ratio of one equity share of Rs 10 for two existing shares of Rs 10 each in July 2017. Bharat Electronics Ltd. Most Efficient Navratna of the year (Manufacturing) Shri. M. V. Gowtama CMD, Bharat Electronics Ltd. Bharat Electronics is an Indian state-owned aerospace and defence company. It designs, manufactures and supplies electronic products and systems for both defence requirements as well as non-defence markets. The turnover of the company witnessed YoY growth of 14.28 per cent to Rs 10,084.84 crore in FY18. The value of production increased to Rs 9,705.95 crore in FY18, thereby rising 5 per cent YoY. The operating profit increased 11.37 per cent YoY to Rs 1,748.73 crore in FY18. However, PAT dropped to Rs 1,399 crore in FY18, posting a YoY de-growth of 9.62 per cent. Despite the challenging business environment, the company reported a healthy order book of Rs 40,115 crore, of which the company received Rs 10,000 crore in FY18. Some of the major orders received include Voter Verifiable Paper Audit Trail (VVPAT) machines, commander thermal imaging sights, low intensity conflict-EW system and Humsa sonar. The company makes electronic voting machines (EVMs) and the Election Commission (EC) placed an order for 8.5 lakh machines which engendered substantial revenues for the company to the tune of around Rs 1,500 crore. The capital employed increased 3.58 per cent YoY to Rs. 7,794.34 crore in FY18. The net worth too increased 3.36 per cent YoY to Rs. 7,761.01 crore. RashtriyaIspat Nigam Ltd. Highest Cost Efficiency in FY17-18 Navratna of the year Shri. Pradosh Kumar Rath CMD, RashtriyaIspat Nigam Limited RashtriyaIspat Nigam Limited is the corporate entity of Visakhapatnam Steel Plant, otherwise known as Vizag Steel. It is a Navaratna PSE under the Ministry of Steel. It is the first shore-based integrated steel plant in India. The company reported sales turnover of Rs 16,618 crore in FY18, thereby registering a YoY growth of 31 per cent in value. The company achieved an EBITDA of Rs 346.19 crore in FY18 as against negative EBITDA of Rs 263.89 crore in FY17. However, it incurred loss of Rs 1,369.01 crore in FY18, mainly on account of a provision Rs 541.05 crore towards gratuity liability. All the major areas of production experienced good growth during the year. In line with its sustainability initiatives, the company's purchase department has undertaken initiatives towards input cost reduction and maintaining inventory at optimum levels. It succeeded in lowering cost of production and switching to cheaper raw materials. To combat uncertainty of supply and contain costs, the company is working towards widening the vendor base. Furthermore, the realisations improved on the back of optimum market mix and valueadded steel. In order to reduce the interest burden, the company also optimised the options available for borrowings. During FY18, the company claimed an amount of Rs 820.52 crore against various tax incentives Power Grid Corporation of India Ltd. Navratna of the year (Non-Manufacturing) Shri. Ravi P. Singh Director (Personnel), Power Grid Corporation of India Limited 'Power Grid Corporation of India is a Navratna Central Public Sector Enterprise. It is India's largest electric power transmission utility. The Government of India enjoys 56.91 per cent holding in the company. The remaining 43.09 per cent is held by the public. The company has in-house expertise in transmission sector consultancy, both on the domestic and international front. It operates nearly 90 per cent of the inter-state and inter-regional networks. The company's revenue from operations rose 15.72 per cent to Rs 29,752.46 crore in FY18. Its profit after tax (PAT) increased 9.56 per cent YoY to Rs. 8,238.96 crore. EPS improved to Rs. 15.75 in FY18 from Rs. 14.37 in FY17, thereby rising 9.60 per cent YoY. Its book value (BV) per share increased to Rs 104.01, thereby improving 9.25 per cent YoY. Dividend per share rose to Rs. 5.80 in FY18 from Rs. 2.51 in FY17, posting a YoY growth of 131.07 per cent YoY. The return on net worth (RONW) improved to 15.14 per cent in FY18 as against 15.10 per cent in FY17. During FY18, the company installed over 12,000 km of optical ground wire, the highest ever. Furthermore, it won two projects under TBCB route – ERSS XXI Transmission Ltd. and WR-NR Power Transmission Ltd 'National Aluminium Company Ltd. . Fastest growing & highest growth in RONW (over last 5 years) Navratna of the year (non-mfg.) Dr. Tapan Kumar CMD, NALCO NALCO is a Navratna CPSE under Ministry of Mines. It is one of the largest integrated auxite-alumina-aluminiumpower complex in India. Its operations are integrated and diversified across the areas of mining, metal and power. As per the Wood McKenzie report, NALCO is the lowest-cost producer of metallurgical grade alumina in the world. Presently, the Government of India holds 52 per cent equity of the company. It was ranked ‘Excellent' as per the Memorandum of Understanding (MoU) signed with the Government of India for FY18. 'The revenue from operations rose 19.47 per cent to Rs 9,618 crore in FY18. This is on account of increase in sales realisation and sales volume. PAT surged 100.59 per cent to Rs 1,342 crore in FY18. The company's export earnings accounted for about 43 per cent of the sales turnover in FY18. It was also rated the third highest net export earning CPSE in 2017-2018 as per the Public Enterprise Survey report. During the year, the company paid interim dividend at Rs 4.70 per equity share, amounting to a total of Rs. 908.48 crore. Furthermore, the board recommended a final dividend of Re. 1 per equity share, amounting to Rs. 193.29 crore. NMDC Ltd. Most Efficient Navratna of the year (Non-Manufacturing) Shri N. Baijendra Kumar CMD, NMDC Limited NMDC is a public enterprise fully-owned by the Government of India. It is under the administrative control of the Ministry of Steel, Government of India. It is engaged in the exploration of minerals such as iron ore, copper, rock phosphate, lime stone, dolomite, gypsum, bentonite, magnesite, diamond, tin, tungsten, graphite, beach sands, etc. NMDC is India's single largest iron ore producer and is ranked the tenth largest iron ore producer in the world. It has an impressive iron ore capacity of 43 million tonnes per annum. It has been accorded the status of Schelule-A public sector company. Its revenue from operations surged 31.54 per cent to Rs. 11,614.91 crore in FY18. EBITDA climbed 43.50 per cent to Rs. 6,472.13 crore in FY18. Profit before tax posted a growth of 43.90 per cent and was recorded at Rs. 6,180 crore in FY18. The company reported profit after tax of Rs 3,806 crore, thereby registering a growth of 47.01 per cent. Its iron production rose 4.62 per cent YoY to 35.57 million tonnes. The company enjoys a reputation as one of the top profit-making Navratna public sector companies in India. It has a rich history of rewarding investors with an average dividend payment of about 750 per cent in the last five years. Power Finance Corporations Ltd Highest Employee efficiency Navratna of the Year (Non-Manufacturing) Shri. Rajeev Sharma CMD, Power Finance Corporations Ltd. Incorporated on July 16, 1986, Power Finance Corporation Ltd. is a Schedule-A Navratna CPSE and is a leading nonbanking financial corporation in the country. PFC is under the administrative control of the Ministry of Power. PFC was conferred the title of ‘Navratna CPSE' in June 2007 and was classified as an infrastructure finance company by the RBI on July 28, 2010. During FY17-18, the company posted net profit of Rs 5855 crore with the loan asset delivering a healthy double digit growth of 14% along with highest ever sanctions of Rs. 116,233 crore and highest ever disbursements of Rs. 64,414 crore. The company has also refinanced its existing foreign currency loans, which would reduce the cost of borrowings. PFC plays a crucial role in the rise of India as a global player. Increasingly, a country's development is gauged by measuring its energy usage. With a large fraction of our nation still without any access to electricity, PFC will become an increasingly important factor in the years to come. PFC is the largest NBFC in terms of net worth and specialised financial institution in the power sector. It is a dominant player in the industry with 20 per cent market share. REC Limited Highest Wealth Creator - Market returns Navratna (Non-Mfg) Shri. Ajeet Agarwal CMD, REC Limited REC, incorporated in 1969, is a Navratna non-banking finance company (NBFC) and an infrastructure finance company (IFC) with focus on power sector financing and development. The company's business activities involve financing projects in the domains of generation, transmission, distribution and renewable energy. During FY2017-18, the operating income of REC on a standalone basis was Rs 22,358 crore. The profit before tax (PBT) and profit after tax (PAT) for the reporting year was Rs 6,852 crore and Rs 4,647 crore, respectively. REC's net worth on March 31, 2018, was Rs 35,491 crore, which was 6.50% higher as compared to last year. REC's nonperforming assets (NPAs) continue to be at low levels. As on March 31, 2018, the gross NPAs of the company were Rs 17,128.42 crore, which were 7.15% of the gross loan assets and net NPAs as on March 31, 2018 were Rs 13,612.16 crore, which were 5.68% of the net loan assets. Further, no doubtful loans have been rescheduled by the company during the financial year 2017-18. Due to this, the stock gave return of 15% over the last 12 months. The stock price touched 52-week high of Rs 159.30 in the month of March 2019. NBCC. Highest order book Navratna (Non-mfg) Shri. Shiv Das Meena CMD, NBCC NBCC (India) Limited (formerly known as National Buildings Construction Corporation Limited) was incorporated on September 1, 1960. The company provides construction engineering and project management consultancy services in India. The consolidated revenue of the company declined by 6.3% to Rs 7095.91 crore in 2017-18, while profit shot up by 14% to Rs 372.14 crore in 2017-18. NBCC's order inflows were at Rs 10,000 crore in 9MFY19, taking its order book to Rs 85,000 crore. NBCC is focusing on consolidation in areas such as real estate, power, roads, EPC contracts, etc. and entry into the new segment of energy efficient environment-friendly green buildings. Apart from this, development of all real estate projects focusing on the task of redevelopment of old government colonies in the capital by replicating the financially sustainable model adopted earlier for redevelopment of government colony at Kidwai Nagar East, New Delhi, in all future projects. Mangalore Refinery and Petrochemical Ltd. Miniratna of the year (Manufacturing) Shri. M. Venkatesh Managing Director, Mangalore Refinery & Petrochemical Limited Mangalore Refinery and Petrochemical Ltd. (MRPL) is a Schedule ‘A' Miniratna CPSE in the petroleum (refinery & marketing) cognate group under the administrative control of the Ministry of Petroleum and Natural Gas. MRPL is engaged in the business of refining of crude oil. It has two sets of primary process units (Phase-I and Phase-II) at Mangalore, Karnataka. The company has achieved turnover of Rs 63,067 crore during FY2017-18 against Rs 59,415 crore during FY2016-17. The company earned a profit after tax (PAT) of Rs 2,224 crore during FY2017-18 as against profit of Rs 3,644 crore earned during FY2016-17. The gross refining margin (GRM) for FY2017-18 was 7.54 $/bbl as against 7.75 $/bbl for FY2016-17. The company commenced expansion plan for retail outlets in the states of Karnataka and Kerala and it is in the process of establishing its retail network in the refinery zone. The letters of intent have been issued to several shortlisted applicants for time-bound commissioning of new retail outlets. The feasibility study for the locations of additional retail outlets is under progress and the company is expecting to commission a sizeable number of retail outlets over the next few years. Bharat Dynamics Ltd. Most Efficient Miniratna of the year (Manufacturing) Shri. Commodore Siddharth Mishra CMD, Bharat Dynamics Limited Bharat Dynamics is engaged in manufacturing of sophisticated state-of-the-art weapon systems for the armed forces through its five operating units at Hyderabad and Bhanur in Medak district, both in Telangana and Visakhapatnam in Andhra Pradesh. The company came out with an initial public offer (IPO) and was listed on NSE and BSE in FY18. BDL achieved highest sales turnover of Rs 4,576 crore during the fiscal, registering marginal increase of around 1% over that of the previous year. Profit after tax was Rs 528 crore as against Rs 524 crore in the previous year. The reduction in profit was due to reduction in interest income. However, it was compensated by increase in operating profit by Rs 81 crore. The order book position of the company as on April 1, 2018, stood at Rs 8,889 crore comprising mainly of Akash, MR-SAM, ATGMs, export of LWT and other products. To ensure sustained growth, the company is constantly striving to achieve the planned production of missiles and other equipments. It is in the process of evolving the design and development of avionics systems such as Counter Measures Dispensing System (CMDS) for the Indian Air Force. CMDS and its test equipment for various platforms are being developed as import substitutes. There is a substantial export market for CMDS. Numaligarh Refinery Ltd. Fastest growing Miniratna of the year (manufacturing) Shri. S.K. Barua Managing Director, Numaligarh Refinery Limited Numaligarh Refinery Limited, (NRL) is a Schedule ‘B Miniratna Category - I CPSE in the petroleum (refinery & marketing) cognate group under the administrative control of Ministry of Petroleum and Natural Gas. The company is primarily engaged in production of petroleum products. The company has a single location petroleum refinery at Numaligarh and two oil marketing terminals, one at Numaligarh and the other at Siliguri. White oil products, viz. MS, SKO and HSD, are transported from Numaligarh to Siliguri through the Numaligarh-Siliguri product pipeline (NSPL) of Oil India Limited. During FY18, NRL made net profit of Rs 2,042 crore at the consolidated level and, for the first time, it paid an interim dividend of 160% to the shareholders. During the year, the refinery processed 2,809 TMT (thousand million tonnes) of crude oil compared to 2,683 TMT in the previous year with capacity utilisation of 93.65%. NRL's distillate yield was higher at 86.7% compared to previous year's 86.5% and Specific Energy Consumption (SEC) also improved to 64.87 MBN from 72.3 MBN in FY17. NRL's distillate yield, SEC and GRM continued to be among the best in the country. It achieved highest ever production of motor spirit (615 TMT), high speed diesel (1867 TMT), paraffin wax (46 TMT) and LPG bottling (39 TMT). Major projects of the company in the pipeline are refinery expansion from 3 to 9 MMTPA, bio refinery (JV), India Bangladesh Friendship Pipeline and North-East Gas Grid (JV). Mahanadi Coalfields Miniratna of the year (Non-mfg) Shri. R. R. Mishra CMD, Mahanadi Coalfields Limited Mahanadi Coalfields Ltd is a wholly-owned subsidiary of Coal India Limited (CIL). It is a schedule-‘B' Miniratna CPSE under the administrative control of Ministry of Coal. The company is engaged in production and sale of coal and other incidental and allied activities. It has sixteen open cast and six underground operational units at Angul, Jharsuguda and Sundargarh districts of Odisha. The company has recorded revenue of Rs 22,379.91 crore against Rs 23,443.22 crore of the previous year. The profit before tax (PBT) for FY18 is Rs 7,339.66 crore against Rs 6,875.68 crore in the previous year. Its profit after tax (PAT) for FY18 is Rs 4,761.29 crore against last year's PAT of Rs 4,512.97 crore. The company has undertaken new initiatives in its subsidiaries and joint ventures and it is setting up of washeries. MCL had also executed work related to railways and roads for transportation of coal. Hospital Services Consultancy Corporation (India) Most Efficient Miniratna of the year (Non-mfg) Shri Gyanesh Pandey MD, Hospital Services Consultancy Corporation (India) Ltd. The services of HSCC (India) Limited comprises of conceptual studies and management consultancy, engineering studies and facility design, project management, procurement, logistics and installation and information technology. In FY18, the company's revenue grew by 6.6 per cent YoY from Rs. 1511.16 crore to Rs. 1611.56 crore. PAT for the year stood flat at Rs. 37.47 crore as against Rs. 37.61 crore in FY17. The company aims to be known as the most preferred consulting partner to the clients in the healthcare and social sector by offering customised innovative solutions through harnessing knowledge pool and team work. Ed.CIL (India) Ltd. Fastest Growing Miniratna (Non-mfg) Shri. Diptiman Das CMD, Ed.CIL (India) Limited EdCIL is a Schedule-‘C' Miniratna CPSE in the contracts and construction and technical consultancy services cognate group under the administrative control of Ministry of Human Resources Development, Department of Higher Education, with 100% shareholding of the Government of India. EdCIL is the only consultancy organisation in the education sector covering the entire spectrum of education and human resources development activities on a turnkey and modular basis as a key enabler to set new standards in quality education. EdCIL is also acting as a nodal agency for promotion of Indian education overseas. The company continued its significant growth journey and registered record turnover of Rs 288.71 crore during FY18. During FY18, the company had declared and paid an interim dividend of Rs 600 lakh to its shareholders. Besides, it had paid a final dividend of Rs 250 per share for FY18. In times to come, the company aspires to leverage the large opportunities unfolding in the education sector and create high impact transformation in the sector. For this transformation, a five-year medium term strategy has been formulated which is aimed at growing the company to aRs 1500 crore entity by 2022 with a clear roadmap. National Film Development Corporation Turnaround Stock Shri. Ashok Kumar R Parmar Joint Secretary Film (M/o I&B) / Additional Charge of Managing Director, National Film Development Corporation Limited The National Film Development Corporation Ltd. (NFDC) is a public sector undertaking under the administrative control of the Ministry of Information & Broadcasting, Government of India. It was incorporated in the year 1975. It is engaged in providing services in the field of film production, distribution and related project services. The activities of the company can be bifurcated into development and commercial activities. NFDC has so far funded/ produced over 300 films. The company's revenue in FY18 grew by 154% YoY from Rs 168.14 crore to Rs 427.42 crore. Its EBITDA during the year jumped from Rs 2.03 crore to Rs 22.86 crore. However, due to accumulated and carried forward losses as on March 31, 2018, the company was unable to pay any dividend for FY18. After years of losses and marginal profits, the company made a remarkable turnaround and made a recordbreaking net profit of Rs 14.54 crore. This is the highest ever profit made by the company till date. This has been possible due to the entry of the company into event management vertical and the support of Ministry of Information and Broadcasting. Indian Bank Best PSU Bank Ms.Padmaja Chunduru MD & CEO, Indian Bank Indian Bank is an Indian state-owned banking company established in 1907 and headquartered in Chennai, India. It has 20,924 employees, 2900 branches with 2861 ATMs and 1014 cash deposit machines and is one of the top performing public sector banks in India. It has overseas branches in Colombo and Singapore, including a foreign currency banking init at Colombo and Jaffna. It has 227 overseas correspondent banks in 75 countries. Since 1969, the Government of India has owned the bank. The bank's business grew by 17.91% to Rs 3,71,020crore as on March 31, 2018. While deposits grew by Rs 25,785 crore or 14.13% to Rs 2,08,294crore, advances grew by 23.14% and stood at Rs 1,62,726 crore. Its operating profit increased to Rs 5000.99 crore as against Rs 4000.71 crore for FY17. Net profit for FY18 was Rs 1258.99 crore as compared to Rs 1405.68 crore for FY17. For FY18, the company paid dividend of 60%. Andhra Bank Operating Profit efficiency Shri J Packirisamy MD & CEO, Andhra Bank Andhra Bank is a medium-sized public sector bank (PSB) in India, with a network of 2900 branches, 4 extension counters, 38 satellite offices and 3636 automated teller machines (ATMs) as on September 30, 2018. During 2011–12, the bank entered the states of Tripura and Himachal Pradesh. The bank now operates in 25 states and three Union Territories. Andhra Bank has its headquarters in Hyderabad, Telangana. For FY18, the bank's business stood at Rs 3,72,605crore, recording an increase of ₹32,932 crore from Rs 3,39,673 crore for FY17, with a growth rate of 9.70% YoY. The bank's total deposits stood at Rs 2,08,070crore as on March 31, 2018, recording an incremental growth of Rs 12,629 crore (6.46% YoY) over the previous year. The gross credit of the bank increased by 14.08% from Rs 1,44,232 crore as on March 31, 2017 to Rs 1,64,535 crore as on March 31, 2018. The operating profit of the bank increased to Rs 5361 crore compared to Rs 4388 crore in the previous year, registering a growth rate of 22%. Canara Bank Highest growth in Net Interest Income Shri. T. N. Manoharan Chairman, Canara Bank Canara Bank is one of the largest public sector banks owned by the Government of India. It is headquartered in Bengaluru. The bank also has offices abroad in London, Hong Kong, Moscow, Shanghai, Doha, Bahrain, South Africa, Dubai, Tanzania and New York. The total deposits increased to Rs 5,24,772crore as at March 2018 compared to Rs 4,95,275 crore a year ago, a YoY growth of 5.96%. The net advances of the bank grew by 11.61% to reach Rs 3,81,703 crore as at March 2018 compared to Rs 3,42,009 crore a year ago. The operating profit of the bank increased to Rs 9,548 crore compared to Rs 8,914 crore last year. Due to increase in provisions and contingencies on account of stressed loan book, the bank reported net loss of Rs 4,222 crore for FY18 compared to a net profit of Rs 1,122 crore during the previous year. The net interest income of the bank increased by 23.21% to Rs 12,163 crore compared to Rs 9,872 crore for the last year. NIM improved to 2.42% against the last year's 2.23%. State Bank of India Highest Wealth Creator - Market Returns Shri. Rajnish Kumar Chairman, State Bank of India SBI is the oldest commercial bank in India. SBI now finds itself amongst the world's largest banks, with a treasury pool of Rs 9,01,642crore. SBI acquired five domestic banking subsidiaries, namely, State Bank of Bikaner & Jaipur, State Bank of Mysore, State Bank of Travancore , State Bank of Patiala, State Bank of Hyderabad; and BharatiyaMahila Bank Limited with effect from April 1, 2017. Due to higher base led by demonetisation, the aggregate deposits of SBI grew at a modest rate of 4.68% to Rs 27,06,343 crore from the previous year level of Rs 25,85,320 crore. The gross advances crossed the Rs 20,00,000 crore mark and grew at 4.91% to the level of Rs 20,48,387 crore by March 2018 from the previous year level of Rs 19,52,507 crore. The operating profit and net interest income of the bank remained flat at Rs 59,511 crore and Rs 74,854 crore, respectively in FY18. It posted a net loss of Rs 6,547.45 crore for FY18, as compared to profit of Rs 10,484.10 crore in FY17 due to higher provisioning requirements on NPAs, MTM losses in HFT and AFS portfolio, provisions for additional employee benefits, etc. For the period from April 2018 to March 2019, SBI has delivered 30.5% returns to its shareholders. It has recorded 52-week low of Rs 232 and 52-week high of Rs 332.65. General Insurance Corporation of India Insurer of the year (Highest Premium Collection) Ms. Alice G VaidyanCMD, General Insurance Corporation of India GIC of India (GIC Re) is a state-owned enterprise in India. It was the sole reinsurance company in the Indian insurance market with over four decades of experience until the insurance market was opened to foreign reinsurance players by late 2016, including companies from Germany, Switzerland and France. GIC Re has its registered office and headquarters in Mumbai. It was listed on stock exchanges on October 25, 2017 and was ranked 47th among top 500 companies by market capitalisation. The corporation's gross premium income during the year FY18 was Rs 41,799 crore and the income from investments was Rs 5,392.03 crore. Underwriting results show an overall loss of Rs 1,497 crore in 2017-18 as compared to an underwriting loss of Rs 606 crore in the previous year. The ratio of total business expenses to the earned premium i.e. combined ratio stood at 104%. The net profit rose by 3.4% from Rs 3127.67 crore to Rs 3233.58 crore in FY18. The company paid dividend of Rs 13.5 per share (i.e. 270% of paid-up equity share capital) for the FY18 as against Rs 11.65 per share (i.e. 233% of paid-up equity share capital) in FY17. It had also issued bonus shares in the ratio of 1:1 to the shareholders of the company. New India Assurance Highest profitability insurance company Shri Atul Sahai CMD, New India Assurance New India Assurance Co. Ltd., founded by Sir Dorabji Tata in 1919, is a multinational general insurance company headquartered in Mumbai. It operates in 28 countries across the world. As on March 31, 2018, the company had a network of 31 regional offices, 7 large corporate offices, 1 auto hub, 1 IFSC insurance, 460 divisional offices, 603 branch offices, 27 direct agent branches and 1341 micro offices, totalling 2,472 offices. The company's gross direct premium in India has increased from Rs 19,114.69 crore in FY17 to Rs 22,718.76 crore in FY18, recording a growth of 18.85% during 2017-18. The net premium income of the company grew by 13% from Rs 18,591 crore to Rs 20,956 crore. The company paid a final dividend of Rs 5 per equity share and had paid interim dividend of Rs 3.75 per equity share in December 2017. It had also issued bonus shares in the ratio of 1:1 to the shareholders of the company. The company's net profit in FY18 grew by an exceptional 118% from Rs 1007.93 crore in FY17 to Rs 2200.91 crore in FY18. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 Comments are only visible to subscribers.