Maharatna CPSEs
The following are the criteria required to procure a Maharatna status for CPSEs.
- The company should possess Navratna status.
- Its should be listed on Indian stock exchange with minimum prescription of public shareholding under SEBI regulations.
- Average annual turnover of more than Rs. 25,000 crore, during the last 3 years.
- Average annual net worth of more than Rs. 15,000 crore, during the last 3 years.
- Average annual net profit after tax of more than Rs. 5,000 crore, during the last 3 years.
- The entity should have significant global presence/international operations.
Seven CPSEs possess Maharatna status which are as follows
- Bharat Heavy Electricals Limited
- Coal India Limited
- GAIL (India) Limited
- Indian Oil Corporation Limited
- NTPC Limited
- Oil & Natural Gas Corporation Limited
- Steel Authority of India Limited
Navratna CPSEs
- The following are the criteria required to procure a Navaratna status for CPSEs.
- And a composite score of 60 or above out of possible 100 marks in the six selected performance parameters which are as follows
- At least three ‘Excellent’ or ‘Very Good’ Memorandum of Understanding (MoU) ratings during the last five years.
- The entity must have Miniratna Category – I status alongwith Schedule ‘A’ listing.
- Net Profit to Net Worth
- Manpower cost to cost of production or services
- Gross margin as capital employed
- Gross profit as Turnover
- Earnings per Share
- Inter-Sectoral comparison based on Net profit to net worth.
Seventeen CPSEs possess Navratna status which are as follows
- Bharat Electronics Limited
- Bharat Petroleum Corporation Limited
- Container Corporation of India Limited
- Engineers India Limited
- Hindustan Aeronautics Limited
- Hindustan Petroleum Corporation Limited
- Mahanagar Telephone Nigam Limited
- National Aluminium Company Limited
- National Buildings Construction Corporation Limited
- NMDC Limited
- Neyveli Lignite Corporation Limited
- Oil India Limited
- Power Finance Corporation Limited
- Power Grid Corporation of India Limited
- Rashtriya Ispat Nigam Limited
- Rural Electrification Corporation Limited
- Shipping Corporation of India Limited
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