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DSIJ - Top 1000 Companies

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DEMOCRATIZING WEALTH CREATION

P R E S E N T S

Special Supplement
TOP

CO M PA N I E S
Financial Review For FY23
Financial Review For FY23

Agriculture
Operating Profit Operating Profit
Net Sales (` Cr.) PAT ` Cr.) Change FY23 vs FY22
Market Cap (` Cr.) Margin (%)
Company Name
(` Cr.) Net Operating
FY23 FY22 FY23 FY22 FY23 FY22 FY23 FY22 PAT
Sales Profit
Balrampur Chini Mills 9,995.92 4,665.86 4,846.03 574.83 732.71 12.32 15.12 272.53 452.69 -3.72 -21.55 -39.80
E.I.D. - Parry (India) 8,018.48 35,243.80 23,531.50 3,232.82 2,628.02 9.17 11.17 1,865.84 1,573.70 49.77 23.01 18.56
Shree Renuka Sugars 7,566.78 9,020.70 6,432.63 649.50 461.97 7.20 7.18 -196.70 -136.72 40.23 40.60 43.87
Triveni Engineering & Ind. 7,523.42 6,310.10 4,290.94 696.33 656.59 11.04 15.30 1,775.47 364.91 47.06 6.05 386.54
Bombay Burmah Trading Corp. 6,002.14 16,303.39 14,544.29 3,239.69 2,588.23 19.87 17.80 286.25 1,424.99 12.09 25.17 -79.91
Gujarat Ambuja Exports 5,970.97 4,908.99 4,670.31 549.05 741.18 11.18 15.87 330.10 475.44 5.11 -25.92 -30.57
CCL Products (India) 5,369.01 2,071.22 1,462.03 403.11 335.16 19.46 22.92 268.88 204.35 41.67 20.27 31.58
Dalmia Bharat Sugar And Ind. 3,900.58 3,252.08 3,018.25 512.11 511.63 15.75 16.95 248.32 297.34 7.75 0.09 -16.49
Dhampur Sugar Mills 3,550.67 2,874.02 1,904.05 318.81 302.80 11.09 15.90 157.99 144.03 50.94 5.29 9.69
Kaveri Seed Company 3,185.81 1,070.36 969.98 306.63 243.81 28.65 25.14 272.65 212.80 10.35 25.77 28.12
Bajaj Hindusthan Sugar 1,768.43 6,338.03 5,575.65 285.16 203.32 4.50 3.65 -134.74 -267.54 13.67 40.25 -49.64
Pix Transmissions 1,159.41 486.27 449.26 117.35 123.55 24.13 27.50 64.82 68.84 8.24 -5.02 -5.85
Andrew Yule & Company 987.68 372.04 414.39 25.41 48.27 6.83 11.65 1.16 -1.01 -10.22 -47.35 -215.66
DCM Shriram Industries 798.15 2,326.91 2,123.12 159.99 165.28 6.88 7.78 59.76 65.81 9.60 -3.20 -9.19
The Ugar Sugar Works 770.63 1,940.15 1,137.46 214.82 101.43 11.07 8.92 103.05 43.33 70.57 111.80 137.83
Rossell India 714.85 348.68 299.05 56.75 49.33 16.28 16.50 27.65 30.01 16.59 15.04 -7.87
Mawana Sugars 520.83 1,481.71 1,478.13 80.39 108.64 5.43 7.35 13.46 26.15 0.24 -26.00 -48.53
Raghuvansh Agrofarms 512.45 11.35 22.31 8.08 7.72 71.21 34.58 5.96 5.88 -49.14 4.74 1.26
Rubfila International 500.08 457.08 476.76 44.03 69.54 9.63 14.59 25.95 44.64 -4.13 -36.69 -41.87

Automobile & Ancillaries


Operating Profit Operating Profit
Net Sales (` Cr.) PAT ` Cr.) Change FY23 vs FY22
Market Cap (` Cr.) Margin (%)
Company Name
(` Cr.) Net Operating
FY23 FY22 FY23 FY22 FY23 FY22 FY23 FY22 PAT
Sales Profit
Maruti Suzuki India 228,308.98 112,511.30 88,329.80 13,158.40 7,450.90 11.70 8.44 8,033.60 3,879.50 27.38 76.60 107.08
Tata Motors 165,993.65 342,874.59 278,453.62 36,552.86 27,773.72 10.66 9.97 2,353.49 -11,234.70 23.14 31.61 -120.95
Bajaj Auto 105,692.39 35,391.52 33,144.71 7,638.05 6,534.06 21.58 19.71 5,530.92 6,165.87 6.78 16.90 -10.30
Mahindra & Mahindra 89,614.63 121,268.55 90,170.57 21,491.78 15,617.36 17.72 17.32 9,869.04 7,253.01 34.49 37.61 36.07
Eicher Motors 67,268.70 14,175.90 10,297.83 4,038.69 2,613.07 28.49 25.37 2,598.77 1,676.60 37.66 54.56 55.00
Samvardhana Motherson
62,958.33 77,870.65 63,536.00 6,464.78 4,957.10 8.30 7.80 1,713.38 817.30 22.56 30.41 109.64
International
Hero MotoCorp 45,890.06 34,158.38 29,551.28 4,662.78 3,897.64 13.65 13.19 2,796.79 2,329.05 15.59 19.63 20.08
Bosch 42,606.41 14,929.30 11,781.60 2,279.90 1,853.10 15.27 15.73 1,424.30 1,217.00 26.72 23.03 17.03
Balkrishna Industries 41,334.31 9,759.53 8,295.12 2,053.64 2,446.87 21.04 29.50 1,057.40 1,435.38 17.65 -16.07 -26.33
Sona BLW Precision Forgings 39,686.33 2,675.60 2,130.64 707.41 579.13 26.44 27.18 395.30 361.54 25.58 22.15 9.34
Ashok Leyland 34,418.74 41,488.30 26,237.15 5,203.67 2,852.05 12.54 10.87 1,350.91 -285.45 58.13 82.45 -573.26
Bharat Forge 32,679.76 12,910.26 10,461.08 1,940.38 2,211.84 15.03 21.14 541.83 1,077.06 23.41 -12.27 -49.69
Tube Investments of India 31,251.73 14,430.95 12,525.30 2,030.83 1,559.30 14.07 12.45 1,177.98 994.31 15.21 30.24 18.47
Cummins India 31,153.12 7,641.40 6,170.92 1,555.89 1,131.25 20.36 18.33 1,020.17 933.74 23.83 37.54 9.26
TVS Motor Company 29,724.63 31,973.99 24,355.31 4,205.38 2,787.50 13.15 11.45 1,350.19 730.88 31.28 50.87 84.73
MRF 27,548.70 23,008.50 19,316.72 2,641.79 2,375.78 11.48 12.30 768.96 669.24 19.11 11.20 14.90
UNO Minda 26,630.77 11,236.49 8,313.00 1,290.87 948.33 11.49 11.41 600.30 347.48 35.17 36.12 72.76
Escorts Kubota 22,316.33 8,428.69 7,238.43 1,058.45 1,169.21 12.56 16.15 644.13 735.61 16.44 -9.47 -12.44
Sundram Fasteners 18,861.73 5,662.75 4,902.06 898.32 840.73 15.86 17.15 500.35 461.83 15.52 6.85 8.34
SKF India 17,492.61 4,304.92 3,665.89 801.28 590.14 18.61 16.10 524.79 395.13 17.43 35.78 32.81
Endurance Technologies 15,424.40 8,804.05 7,549.14 1,081.69 1,005.68 12.29 13.32 479.57 460.71 16.62 7.56 4.09
AIA Engineering 15,351.60 4,838.03 3,566.55 1,475.18 881.89 30.49 24.73 1,056.50 619.62 35.65 67.28 70.51
ZF Commercial Vehicle Control
14,437.76 3,444.25 2,543.35 537.34 290.08 15.60 11.41 317.67 142.07 35.42 85.24 123.60
Systems India
Exide Industries 12,839.25 15,078.16 12,789.22 1,713.27 1,465.43 11.36 11.46 822.49 694.31 17.90 16.91 18.46
Apollo Tyres 12,136.76 24,568.13 20,947.58 3,354.75 2,718.32 13.65 12.98 1,104.39 638.50 17.28 23.41 72.97
Amara Raja Batteries 9,157.44 10,388.20 8,697.15 1,444.14 1,101.94 13.90 12.67 694.53 512.57 19.44 31.05 35.50
Sundaram-Clayton 7,241.57 33,564.21 25,590.65 4,374.51 3,022.41 13.03 11.81 1,372.90 824.49 31.16 44.74 66.52
Varroc Engineering 5,288.83 6,863.07 5,844.20 604.57 393.27 8.81 6.73 33.46 -78.29 17.43 53.73 -142.74
JBM Auto 5,170.35 3,857.38 3,193.05 425.26 364.14 11.02 11.40 124.84 156.38 20.81 16.78 -20.17
Minda Corporation 4,944.91 4,300.14 2,975.90 477.27 319.70 11.10 10.74 294.39 184.50 44.50 49.29 59.56
Suprajit Engineering 4,732.94 2,752.36 1,840.48 351.27 296.55 12.76 16.11 152.11 173.08 49.55 18.45 -12.11
Greaves Cotton 4,419.34 2,699.45 1,709.70 200.52 49.55 7.43 2.90 76.59 -32.80 57.89 304.68 -333.51
Financial Review For FY23

Automobile & Ancillaries


Operating Profit Operating Profit
Net Sales (` Cr.) PAT ` Cr.) Change FY23 vs FY22
Market Cap (` Cr.) Margin (%)
Company Name
(` Cr.) Net Operating
FY23 FY22 FY23 FY22 FY23 FY22 FY23 FY22 PAT
Sales Profit
Shriram Pistons and Rings 4,364.00 2,609.33 2,064.66 507.02 333.68 17.64 14.75 293.88 163.57 26.38 51.95 79.67
Jamna Auto Industries 3,962.92 2,325.32 1,717.88 273.17 232.18 11.75 13.52 168.37 140.80 35.36 17.65 19.58
Ceat 3,769.13 11,314.88 9,363.41 990.75 724.37 8.76 7.74 174.17 41.83 20.84 36.77 316.38
Sansera Engineering 3,537.15 2,338.30 1,989.03 394.82 351.04 16.88 17.65 148.34 131.89 17.56 12.47 12.47
Kirloskar Ferrous Industries 2,976.93 6,417.45 3,748.29 885.04 654.81 13.79 17.47 437.33 299.72 71.21 35.16 45.91
JK Tyre & Industries 2,888.51 14,644.94 11,982.96 1,334.33 1,109.86 9.11 9.26 264.74 200.30 22.21 20.23 32.17
CarTrade Tech 2,712.27 363.74 312.72 96.98 -87.22 26.66 -27.89 40.43 -121.35 16.31 -211.18 -133.32
Rajratan Global Wire 2,634.18 895.37 892.87 165.26 183.59 18.46 20.56 100.12 124.33 0.28 -9.98 -19.47
PTC Industries 2,626.31 219.26 178.95 66.11 48.38 30.15 27.04 25.82 12.81 22.52 36.63 101.51
Ramkrishna Forgings 2,518.26 3,192.90 2,320.25 696.28 519.73 21.81 22.40 248.11 198.03 37.61 33.97 25.29
Eveready Industries India 2,432.84 1,327.73 1,206.76 118.69 125.32 8.94 10.38 27.63 47.84 10.02 -5.29 -42.24
Electrosteel Castings 2,348.69 7,275.51 5,280.95 822.49 753.65 11.30 14.27 316.23 347.57 37.77 9.13 -9.02
Sharda Motor Industries 2,218.56 2,699.94 2,255.31 323.50 257.32 11.98 11.41 205.43 161.49 19.71 25.72 27.20
Gulf Oil Lubricants India 2,125.75 2,999.10 2,191.64 389.96 329.68 13.00 15.04 232.30 211.08 36.84 18.29 10.06
MM Forgings 2,044.12 1,447.71 1,139.63 284.89 222.88 19.68 19.56 127.50 91.00 27.03 27.82 40.12
Tide Water Oil Company (India) 1,888.78 1,853.80 1,535.71 157.16 166.91 8.48 10.87 107.54 112.64 20.71 -5.84 -4.53
JTEKT India 1,814.04 2,043.93 1,588.80 195.37 137.56 9.56 8.66 87.12 41.12 28.65 42.02 111.86
HBL Power Systems 1,756.03 1,368.68 1,236.21 169.12 153.35 12.36 12.41 97.09 93.71 10.72 10.28 3.61
Jupiter Wagons 1,691.21 2,068.25 1,178.35 257.15 117.50 12.43 9.97 123.47 49.65 75.52 118.85 148.66
LG Balakrishnan & Bros 1,685.14 2,202.98 2,102.09 406.08 401.38 18.43 19.09 252.33 245.74 4.80 1.17 2.68
Panama Petrochem 1,603.99 2,248.72 2,132.35 315.55 301.72 14.03 14.15 232.97 230.34 5.46 4.58 1.14
Pricol 1,583.84 1,902.83 1,544.69 233.06 189.40 12.25 12.26 124.69 55.05 23.19 23.05 126.48
Federal-Mogul Goetze (India) 1,478.42 1,634.14 1,342.62 228.59 172.65 13.99 12.86 107.38 58.82 21.71 32.40 82.56
Savita Oil Technologies 1,451.18 3,594.57 2,938.22 358.77 389.02 9.98 13.24 225.70 260.49 22.34 -7.77 -13.36
Force Motors 1,349.83 5,028.98 3,240.42 391.84 119.01 7.79 3.67 152.34 -90.99 55.20 229.25 -267.42
Texmaco Rail & Engineering 1,342.20 2,243.28 1,621.74 171.78 162.65 7.66 10.03 11.53 12.22 38.33 5.62 -5.62
Sandhar Technologies 1,314.26 2,908.91 2,323.70 261.58 213.01 8.99 9.17 76.36 68.65 25.18 22.80 11.24
Precision Camshafts 1,263.31 1,080.15 895.02 143.74 132.86 13.31 14.84 46.29 46.02 20.68 8.19 57.17
Wheels India 1,230.79 4,651.15 3,966.49 239.24 267.03 5.14 6.73 49.14 70.96 17.26 -10.41 -30.75
TVS Srichakra 1,220.74 2,984.97 2,528.20 238.10 176.07 7.98 6.96 77.82 43.32 18.07 35.23 79.64
Titagarh Railsystems 1,212.45 2,779.59 1,930.79 306.07 168.76 11.01 8.74 147.36 -0.69 43.96 81.37 -21,596.72
Fiem Industries 1,184.51 1,834.04 1,572.26 259.44 196.56 14.15 12.50 139.88 95.31 16.65 31.99 46.76
Lumax Auto Technologies 1,140.27 1,847.46 1,507.92 224.15 164.31 12.13 10.90 111.46 82.45 22.52 36.42 35.18
NRB Bearings 1,114.83 1,057.16 944.21 198.59 160.91 18.79 17.04 94.92 75.61 11.96 23.42 25.54
Alicon Castalloy 1,062.75 1,401.16 1,078.05 156.91 115.79 11.20 10.74 51.42 24.18 29.97 35.51 112.65
GNA Axles 1,045.69 1,582.93 1,270.47 234.10 181.50 14.79 14.29 130.21 88.76 24.59 28.98 46.70
Banco Products (India) 975.15 2,300.54 1,958.01 379.76 276.89 16.51 14.14 235.58 152.42 17.49 37.15 54.56
India Nippon Electricals 961.30 656.25 566.27 75.46 73.49 11.50 12.98 48.23 49.22 15.89 2.68 -2.01
Lumax Industries 827.65 2,319.52 1,751.31 222.14 148.69 9.58 8.49 61.38 34.05 32.44 49.40 80.24
RACL Geartech 664.09 358.21 271.22 90.78 61.01 25.34 22.50 37.43 23.91 32.07 48.78 56.56
ZF Steering Gear (India) 651.17 450.43 312.80 69.20 61.60 15.36 19.69 24.54 18.27 44.00 12.34 34.32
Jay Bharat Maruti 614.43 2,344.20 2,078.38 174.58 150.36 7.45 7.23 37.08 28.14 12.79 16.11 31.76
Rane (Madras) 572.38 2,354.44 1,741.92 200.36 80.43 8.51 4.62 30.02 10.66 35.16 149.11 181.61
Man Industries (India) 565.75 2,231.34 2,138.63 176.76 217.67 7.92 10.18 68.00 101.58 4.33 -18.79 -33.06
IST 542.91 121.07 125.23 115.83 138.55 95.67 110.64 81.30 96.57 -3.32 -16.40 -15.81
Nelcast 513.31 1,263.97 927.34 95.51 67.49 7.56 7.28 29.74 14.22 36.30 41.51 109.04
Sterling Tools 489.21 771.98 509.58 100.44 69.59 13.01 13.66 47.88 25.54 51.49 44.33 87.49
Rico Auto Industries 427.55 2,302.37 1,859.77 240.61 176.88 10.45 9.51 51.03 23.77 23.80 36.03 114.68
Financial Review For FY23

Banking
Operating Profit Operating Profit
Net Sales (` Cr.) PAT ` Cr.) Change FY23 vs FY22
Market Cap (` Cr.) Margin (%)
Company Name
(` Cr.) Net Operating
FY23 FY22 FY23 FY22 FY23 FY22 FY23 FY22 PAT
Sales Profit
HDFC Bank 815,160.77 170,754.05 135,936.41 75,352.47 50,873.38 44.13 37.42 46,148.70 38,150.90 25.61 48.12 20.96
ICICI Bank 507,434.04 121,066.81 95,406.87 53,196.39 34,241.27 43.94 35.89 34,463.02 25,783.83 26.90 55.36 33.66
State Bank Of India 440,340.36 350,844.58 289,972.69 93,582.84 49,735.58 26.67 17.15 56,558.43 36,356.17 20.99 88.16 55.57
Kotak Mahindra Bank 348,248.61 42,151.06 33,740.40 20,085.86 15,948.30 47.65 47.27 14,780.44 11,931.87 24.93 25.94 23.87
Axis Bank 233,500.53 87,448.37 68,846.06 33,796.21 18,929.46 38.65 27.50 10,852.66 14,164.35 27.02 78.54 -23.38
IndusInd Bank 72,438.76 36,367.92 30,822.44 14,419.02 6,432.82 39.65 20.87 7,443.13 4,804.64 17.99 124.15 54.92
Bank Of Baroda 57,712.40 94,138.61 73,385.46 30,191.35 10,008.30 32.07 13.64 14,687.87 7,700.23 28.28 201.66 90.75
IDBI Bank 46,020.28 20,591.53 18,319.18 8,803.89 3,686.74 42.75 20.13 3,686.84 2,517.74 12.40 138.80 46.43
Canara Bank 41,289.61 85,884.72 70,613.79 27,974.28 9,145.01 32.57 12.95 10,807.80 5,795.10 21.63 205.90 86.50
Punjab National Bank 38,593.56 86,845.29 76,241.83 22,932.21 4,594.46 26.41 6.03 3,069.34 3,675.96 13.91 399.13 -16.50
Indian Overseas Bank 34,402.39 19,406.97 16,735.84 5,947.32 1,778.79 30.65 10.63 2,103.99 1,709.27 15.96 234.35 23.09
Yes Bank 30,792.54 22,702.16 19,018.77 3,201.48 1,433.69 14.10 7.54 735.82 1,064.05 19.37 123.30 -30.85
Union Bank Of India 26,484.65 81,163.18 68,229.66 25,558.39 8,566.34 31.49 12.56 8,430.35 5,208.50 18.96 198.36 61.86
IDFC First Bank 24,653.21 22,727.81 17,172.69 4,996.22 174.97 21.98 1.02 2,484.93 132.31 32.35 2,755.52 1,778.15
The Federal Bank 20,468.27 17,811.78 14,381.53 5,061.57 2,646.28 28.42 18.40 3,175.76 1,965.40 23.85 91.27 61.58
Bank Of India 18,814.85 47,931.69 38,280.91 13,328.68 5,573.65 27.81 14.56 3,882.08 3,406.12 25.21 139.14 13.97
Central Bank Of India 15,929.52 25,657.10 22,903.34 6,926.49 1,736.63 27.00 7.58 1,609.33 1,064.50 12.02 298.85 51.18
RBL Bank 7,799.67 9,549.56 8,444.86 2,243.09 -206.51 23.49 -2.45 919.54 -166.15 13.08 -1,186.21 -653.45
The Jammu & Kashmir Bank 3,013.22 9,355.23 8,012.98 1,860.17 745.58 19.88 9.30 1,198.59 504.44 16.75 149.49 137.61
The Karnataka Bank 1,723.85 7,220.23 6,221.66 2,207.67 693.93 30.58 11.15 1,179.68 507.99 16.05 218.14 132.22
The South Indian Bank 1,573.74 7,233.18 6,586.54 1,507.62 -92.16 20.84 -1.40 775.31 44.81 9.82 -1,735.84 1,630.29

Capital Goods
Operating Profit Operating Profit
Net Sales (` Cr.) PAT ` Cr.) Change FY23 vs FY22
Market Cap (` Cr.) Margin (%)
Company Name
(` Cr.) Net Operating
FY23 FY22 FY23 FY22 FY23 FY22 FY23 FY22 PAT
Sales Profit
Bharat Electronics 51,375.71 17,404.18 15,368.18 4,366.68 3,575.92 25.09 23.27 2,940.35 2,354.46 13.25 22.11 24.88
Hindustan Aeronautics 49,727.14 26,927.46 24,620.02 8,349.27 6,400.53 31.01 26.00 5,824.86 5,079.88 9.37 30.45 14.67
CG Power and Industrial Solutions 27,287.01 6,972.54 5,561.40 1,061.08 710.60 15.22 12.78 796.33 913.42 25.37 49.32 -12.82
Thermax 21,876.49 8,089.81 6,128.33 757.74 548.38 9.37 8.95 450.93 312.18 32.01 38.18 44.45
Bharat Heavy Electricals 17,183.92 22,136.30 21,211.09 1,205.19 1,182.29 5.44 5.57 421.37 444.71 4.36 1.94 -5.25
RHI Magnesita India 9,864.22 2,726.27 1,995.14 374.75 395.58 13.75 19.83 -465.65 269.00 36.65 -5.27 -273.10
Graphite India 9,825.69 3,181.00 3,026.51 445.00 768.38 13.99 25.39 199.00 504.51 5.10 -42.09 -60.56
V-Guard Industries 9,323.46 4,126.04 3,498.17 336.35 350.99 8.15 10.03 189.05 228.44 17.95 -4.17 -17.24
Elgi Equipments 8,859.22 3,040.70 2,524.71 499.99 349.24 16.44 13.83 368.33 178.43 20.44 43.17 106.43
Suzlon Energy 8,443.18 5,946.84 6,581.78 851.55 911.64 14.32 13.85 2,887.29 -166.19 -9.65 -6.59 -1,837.34
GE T&D India 7,758.92 2,773.22 3,065.95 135.52 -63.24 4.89 -2.06 -1.49 -49.62 -9.55 -314.29 -97.00
BEML 7,567.43 3,898.95 4,337.49 388.03 339.73 9.95 7.83 157.89 128.59 -10.11 14.22 22.79
HLE Glascoat 7,428.99 931.52 652.22 145.07 118.72 15.57 18.20 69.81 58.23 42.82 22.20 19.87
Praj Industries 7,314.86 3,528.04 2,212.86 353.60 229.97 10.02 10.39 239.82 150.24 59.43 53.76 59.62
GMM Pfaudler 6,662.93 3,177.55 2,540.57 482.84 290.60 15.20 11.44 213.50 75.36 25.07 66.15 183.31
Triveni Turbine 6,540.36 1,247.55 852.24 276.39 193.99 22.15 22.76 192.87 274.44 46.39 42.47 -29.72
Rites 6,315.08 2,628.27 2,661.83 846.68 807.24 32.21 30.33 570.00 537.86 -1.26 4.89 5.98
MTAR Technologies 5,377.60 573.75 322.01 173.45 103.18 30.23 32.04 103.42 60.87 78.18 68.11 69.89
HEG 5,303.21 2,467.24 2,201.61 727.53 606.77 29.49 27.56 454.25 431.04 12.07 19.90 5.38
Craftsman Automation 4,976.29 3,182.60 2,217.02 696.15 541.70 21.87 24.43 250.48 162.71 43.55 28.51 53.94
Nesco 3,895.38 546.00 337.40 411.97 263.99 75.45 78.24 290.64 189.17 61.83 56.06 53.64
Engineers India 3,597.07 3,330.14 2,912.01 472.72 475.84 14.20 16.34 344.23 342.89 14.36 -0.66 0.39
Tega Industries 3,116.77 1,213.97 951.76 291.10 208.19 23.98 21.87 179.71 116.90 27.55 39.82 53.73
Action Construction Equipment 2,863.35 2,159.68 1,629.58 262.04 166.46 12.13 10.21 172.99 105.00 32.53 57.42 64.76
Everest Kanto Cylinder 2,521.30 1,274.49 1,698.83 166.46 408.63 13.06 24.05 75.89 264.53 -24.98 -59.26 -71.31
Apar Industries 2,489.08 14,272.63 9,319.99 1,264.42 610.46 8.86 6.55 637.74 256.61 53.14 107.13 148.52
Financial Review For FY23

Capital Goods
Operating Profit Operating Profit
Net Sales (` Cr.) PAT ` Cr.) Change FY23 vs FY22
Market Cap (` Cr.) Margin (%)
Company Name
(` Cr.) Net Operating
FY23 FY22 FY23 FY22 FY23 FY22 FY23 FY22 PAT
Sales Profit
Inox Wind 2,455.52 736.98 624.62 -242.32 -228.85 -32.88 -36.64 -670.69 -429.80 17.99 5.88 56.05
Paras Defence And Space
2,439.84 222.43 182.56 64.97 55.41 29.21 30.35 36.08 27.08 21.84 17.24 33.25
Technologies
Ion Exchange (India) 2,338.57 1,989.61 1,576.87 296.06 257.63 14.88 16.34 194.03 161.27 26.17 14.92 20.31
Kirloskar Brothers 2,246.91 3,730.20 3,057.63 426.30 238.47 11.43 7.80 225.10 81.53 22.00 78.77 176.08
Astra Microwave Products 1,944.86 815.52 750.46 153.09 95.95 18.77 12.79 72.80 40.12 8.67 59.55 81.44
Kirloskar Oil Engines 1,909.44 5,023.80 4,019.84 762.21 438.88 15.17 10.92 330.38 170.55 24.98 73.67 93.71
Kabra Extrusiontechnik 1,692.85 670.01 405.90 77.25 57.18 11.53 14.09 37.80 30.27 65.07 35.10 24.86
Genus Power Infrastructures 1,653.48 808.39 685.07 92.37 118.99 11.43 17.37 29.64 58.39 18.00 -22.37 -49.23
Elecon Engineering Company 1,614.00 1,529.68 1,203.55 358.94 255.76 23.46 21.25 234.25 139.05 27.10 40.34 68.46
Kirloskar Industries 1,516.54 6,466.02 3,782.57 930.68 694.90 14.39 18.37 459.53 316.18 70.94 33.93 45.34
Dynamatic Technologies 1,354.29 1,315.77 1,253.37 191.02 180.29 14.52 14.38 42.79 32.06 4.98 5.95 33.47
TD Power Systems 1,072.29 872.30 797.42 149.97 113.62 17.19 14.25 96.81 70.65 9.39 32.00 37.03
Pitti Engineering 1,034.73 1,100.17 953.82 169.21 149.05 15.38 15.63 58.83 51.86 15.34 13.53 13.44
United Drilling Tools 1,001.45 119.83 174.90 19.77 75.35 16.50 43.08 10.27 50.03 -31.49 -73.77 -79.47
KPI Green Energy 1,000.46 643.79 229.94 211.74 110.47 32.89 48.04 109.63 43.25 179.98 91.67 153.50
Balu Forge Industries 979.55 326.64 286.08 62.42 45.58 19.11 15.93 38.91 29.84 14.18 36.96 30.39
IFGL Refractories 927.47 1,386.50 1,259.50 166.09 158.49 11.98 12.58 79.21 77.48 10.08 4.80 2.23
Disa India 904.78 261.90 256.07 45.37 56.31 17.32 21.99 29.77 38.59 2.28 -19.43 -22.86
Kirloskar Pneumatic Company 860.89 1,239.34 1,021.17 176.90 153.43 14.27 15.02 108.58 84.92 21.36 15.30 27.86
Shakti Pumps (India) 842.73 967.68 1,178.54 69.81 116.59 7.21 9.89 24.13 64.82 -17.89 -40.12 -62.77
Ador Welding 841.23 776.76 661.48 93.88 65.93 12.09 9.97 59.29 45.16 17.43 42.39 31.29
WPIL 815.75 1,784.80 1,181.28 352.75 218.83 19.76 18.52 217.36 116.67 51.09 61.20 86.31
The Anup Engineering 785.75 411.34 288.24 83.95 74.63 20.41 25.89 51.43 62.05 42.71 12.49 -17.12
Deep Industries 729.92 341.34 321.63 141.80 119.39 41.54 37.12 125.30 72.40 6.13 18.76 73.07
Esab India 708.54 1,090.80 904.34 194.48 125.50 17.83 13.88 135.68 84.31 20.62 54.96 60.93
Yuken India 667.44 372.44 331.12 36.01 38.11 9.67 11.51 9.55 13.14 12.48 -5.51 -27.35
Roto Pumps 651.64 225.78 175.59 57.61 49.72 25.52 28.31 33.12 30.24 28.59 15.88 9.50
Salasar Techno Engineering 606.69 1,004.90 718.86 94.21 71.16 9.38 9.90 40.26 31.46 39.79 32.40 27.97
International Conveyors 560.59 215.02 205.18 43.36 33.09 20.17 16.13 28.72 16.18 4.80 31.02 77.53
Skipper 559.55 1,980.30 1,707.08 197.87 172.38 9.99 10.10 32.71 28.61 16.01 14.79 14.32
Forbes & Company 529.36 441.98 514.73 248.94 83.88 56.32 16.30 188.37 -327.47 -14.13 196.77 -157.52
Transformers & Rectifiers (India) 436.80 1,380.85 1,158.33 129.56 83.88 9.38 7.24 42.35 14.28 19.21 54.46 196.57
Financial Review For FY23

Chemicals
Operating Profit Operating Profit
Net Sales (` Cr.) PAT ` Cr.) Change FY23 vs FY22
Market Cap (` Cr.) Margin (%)
Company Name
(` Cr.) Net Operating
FY23 FY22 FY23 FY22 FY23 FY22 FY23 FY22 PAT
Sales Profit
Asian Paints 295601.46 34367.83 29101.28 6646.32 5183.62 19.34 17.81 4101.48 3053.24 18.10 28.22 34.33
Pidilite Industries 124805.44 11799.10 9920.96 2033.98 1883.59 17.24 18.99 1282.23 1206.76 18.93 7.98 6.25
Berger Paints India 67971.57 10567.84 8761.78 1538.77 1395.66 14.56 15.93 873.57 832.95 20.61 10.25 4.88
UPL 58882.05 53576.00 46240.00 10673.00 9810.00 19.92 21.22 4257.00 4437.00 15.87 8.80 -4.06
PI Industries 42879.96 6492.00 5299.50 1701.10 1251.00 26.20 23.61 1222.70 843.80 22.50 35.98 44.90
Aarti Industries 34664.06 6618.00 6999.96 1089.00 1929.61 16.46 27.57 545.00 1307.42 -5.46 -43.56 -58.31
Deepak Nitrite 30610.21 7972.06 6802.19 1336.96 1648.52 16.77 24.24 852.00 1066.64 17.20 -18.90 -20.12
Atul 30442.78 5427.52 5080.89 889.72 987.44 16.39 19.43 502.80 596.58 6.82 -9.90 -15.72
Gujarat Fluorochemicals 30190.62 5684.66 3953.59 2137.60 1329.04 37.60 33.62 1323.06 775.87 43.78 60.84 70.53
Kansai Nerolac Paints 25177.41 7542.73 6369.35 843.97 674.77 11.19 10.59 468.47 343.15 18.42 25.08 36.52
Tata Chemicals 24826.36 16789.00 12622.12 4040.00 2560.61 24.06 20.29 2454.00 1174.13 33.01 57.77 109.01
Coromandel International 23455.05 29627.90 19110.85 3097.29 2294.13 10.45 12.00 2037.42 1528.46 55.03 35.01 33.30
Sumitomo Chemical India 22439.11 3510.97 3064.60 711.45 628.52 20.26 20.51 502.21 423.55 14.57 13.19 18.57
Clean Science And Technology 21170.18 935.80 684.89 431.92 330.16 46.16 48.21 295.18 228.50 36.64 30.82 29.18
Navin Fluorine International 20226.81 2077.40 1453.36 586.04 394.03 28.21 27.11 375.19 263.08 42.94 48.73 42.61
Vinati Organics 20064.07 2084.71 1615.51 667.85 496.39 32.04 30.73 457.97 346.62 29.04 34.54 32.13
Chambal Fertilisers and Chemicals 17564.06 27772.81 16068.83 1987.11 2349.79 7.15 14.62 976.26 1566.06 72.84 -15.43 -37.66
Godrej Industries 15586.26 16740.25 14130.15 2532.33 1977.99 15.13 14.00 1025.17 992.43 18.47 28.03 3.30
Gujarat Narmada Valley Fertilizers
13126.00 10227.00 8642.29 2240.00 2593.20 21.90 30.01 1464.00 1703.75 18.34 -13.62 -14.07
& Chemicals
Fine Organic Industries 12309.07 3023.08 1876.26 895.23 397.57 29.61 21.19 619.88 259.71 61.12 125.18 138.68
Laxmi Organic Industries 10533.42 2796.64 3084.19 256.58 386.07 9.17 12.52 124.61 256.46 -9.32 -33.54 -51.41
Chemplast Sanmar 10506.41 4941.08 5891.99 548.03 1254.28 11.09 21.29 152.35 648.65 -16.14 -56.31 -76.51
Balaji Amines 9403.26 2355.40 2320.35 624.36 637.39 26.51 27.47 405.68 417.90 1.51 -2.04 -2.92
Akzo Nobel India 8708.47 3802.10 3148.60 552.50 455.20 14.53 14.46 335.10 290.10 20.76 21.38 15.51
The Fertilisers And Chemicals
8479.88 6198.15 4424.80 890.44 713.89 14.37 16.13 612.99 353.28 40.08 24.73 73.51
Travancore
Anupam Rasayan India 8244.81 1601.91 1066.00 439.93 312.15 27.46 29.28 215.37 152.18 50.27 40.94 41.52
Privi Speciality Chemicals 7337.93 1607.82 1403.72 207.34 227.42 12.90 16.20 21.28 97.38 14.54 -8.83 -78.15
Jubilant Ingrevia 7151.27 4740.48 4949.36 580.51 863.32 12.25 17.44 307.54 476.71 -4.22 -32.76 -35.49
Deepak Fertilisers And
6780.78 11300.69 7663.29 2249.46 1399.90 19.91 18.27 1220.88 687.48 47.47 60.69 77.59
Petrochemicals Corporation
Gujarat Alkalies And Chemicals 6579.21 4516.50 3758.74 1156.74 1032.56 25.61 27.47 575.70 559.76 20.16 12.03 2.85
Gujarat State Fertilizers &
6455.34 11368.69 9082.64 1736.73 1502.18 15.28 16.54 1262.92 898.58 25.17 15.61 40.55
Chemicals
Sharda Cropchem 5548.11 4045.16 3579.77 683.37 724.58 16.89 20.24 341.98 349.28 13.00 -5.69 -2.09
GHCL 5224.23 4545.42 3778.36 1520.16 991.15 33.44 26.23 1115.80 598.30 20.30 53.37 86.50
Tatva Chintan Pharma Chem 5115.02 423.61 433.65 66.33 117.42 15.66 27.08 45.49 95.87 -2.31 -43.51 -52.56
Bharat Rasayan 5060.70 1234.34 1300.97 216.65 271.05 17.55 20.83 130.83 177.13 -5.12 -20.07 -26.14
Rashtriya Chemicals and
4943.14 21451.54 12812.17 1616.49 1129.68 7.54 8.82 967.15 702.39 0.67 0.43 0.38
Fertilizers
Neogen Chemicals 4351.66 686.18 487.25 116.07 87.66 16.92 17.99 49.87 44.63 0.41 0.32 0.12
PCBL 4315.77 5774.06 4446.42 771.83 681.55 13.37 15.33 442.19 426.34 0.30 0.13 0.04
Nocil 4155.09 1616.57 1571.31 258.97 290.05 16.02 18.46 149.15 176.11 0.03 -0.11 -0.15
Meghmani Finechem Ltd 4045.95 2188.40 1550.94 696.93 517.83 31.85 33.39 353.31 252.79 0.41 0.35 0.40
Sudarshan Chemical Industries 3601.08 2276.79 2200.81 215.44 282.99 9.46 12.86 44.77 129.97 0.03 -0.24 -0.66
Astec Lifesciences 3434.38 628.17 676.57 89.31 164.54 14.22 24.32 25.59 89.88 -0.07 -0.46 -0.72
Dhanuka Agritech 3339.21 1700.22 1477.78 323.45 297.31 19.02 20.12 233.50 208.89 0.15 0.09 0.12
India Glycols 3135.01 6641.64 2868.31 319.42 280.47 4.81 9.78 129.67 308.70 1.32 0.14 -0.58
India Pesticides 3098.96 884.94 716.14 210.17 226.93 23.75 31.69 143.24 157.95 0.24 -0.07 -0.09
Thirumalai Chemicals 2723.84 2132.24 1998.19 216.34 452.37 10.15 22.64 89.83 281.23 0.07 -0.52 -0.68
National Fertilizers 2602.53 29616.52 15857.09 1264.25 616.53 4.27 3.89 456.10 -95.01 0.87 1.05 -5.80
Sadhana Nitro Chem 2580.20 143.33 131.72 23.01 19.58 16.05 14.87 3.17 6.22 0.09 0.18 -0.49
Kiri Industries 2538.06 945.07 1496.91 -34.14 123.27 -3.61 8.24 -104.97 388.77 -0.37 -1.28 -1.27
Valiant Organics 2498.26 1051.81 1153.27 172.26 212.27 16.38 18.41 102.56 127.91 -0.09 -0.19 -0.20
Alkyl Amines Chemicals 2457.15 1682.33 1542.80 357.05 340.69 21.22 22.08 228.66 224.90 0.09 0.05 0.02
Oriental Aromatics 2374.93 849.07 868.79 59.94 96.94 7.06 11.16 19.74 53.30 -0.02 -0.38 -0.63
Yasho Industries 2190.64 671.55 612.66 126.02 103.30 18.77 16.86 67.87 52.29 0.10 0.22 0.30
Camlin Fine Sciences 2189.93 1681.56 1412.09 211.07 190.87 12.55 13.52 39.81 60.51 0.19 0.11 -0.34
IG Petrochemicals 2157.64 2352.33 1882.77 339.64 413.53 14.44 21.96 200.02 264.50 0.25 -0.18 -0.24
Financial Review For FY23

Chemicals
Operating Profit Operating Profit
Net Sales (` Cr.) PAT ` Cr.) Change FY23 vs FY22
Market Cap (` Cr.) Margin (%)
Company Name
(` Cr.) Net Operating
FY23 FY22 FY23 FY22 FY23 FY22 FY23 FY22 PAT
Sales Profit
Best Agrolife 2117.38 1745.68 1210.80 316.26 167.59 18.12 13.84 192.15 104.76 0.44 0.89 0.83
Primo Chemicals 2089.00 707.38 454.07 218.52 101.82 30.89 22.42 133.98 56.72 0.56 1.15 1.36
Vidhi Specialty Food Ingredients 2087.20 403.99 537.05 56.95 86.03 14.10 16.02 37.70 58.57 -0.25 -0.34 -0.36
The Andhra Sugars 2077.08 2367.59 1961.65 327.60 299.65 13.84 15.28 183.58 167.93 0.21 0.09 0.09
Fineotex Chemical 1994.58 517.00 368.23 119.90 76.72 23.19 20.84 89.55 56.89 0.40 0.56 0.57
SH Kelkar And Company 1987.02 1676.90 1564.19 229.13 235.22 13.66 15.04 63.11 149.39 0.07 -0.03 -0.58
Vishnu Chemicals 1902.40 1387.66 1069.00 245.29 163.34 17.68 15.28 136.57 81.39 0.30 0.50 0.68
Manali Petrochemicals 1864.47 1181.30 1671.94 102.36 546.64 8.67 32.70 50.67 381.08 -0.29 -0.81 -0.87
Punjab Chemicals & Crop
1786.16 1006.21 933.46 125.92 140.62 12.51 15.06 61.10 83.46 0.08 -0.10 -0.27
Protection
Excel Industries 1723.49 1089.82 1178.02 139.67 247.18 12.82 20.98 80.30 161.20 -0.07 -0.43 -0.50
NACL Industries 1611.19 2115.51 1640.16 202.51 154.25 9.57 9.40 93.49 73.42 0.29 0.31 0.27
Heubach Colorants India 1509.00 766.42 839.51 66.90 70.32 8.73 8.38 19.18 43.32 -0.09 -0.05 -0.56
Southern Petrochemical Industries
1458.06 2819.27 1874.92 374.42 192.27 13.28 10.25 279.25 163.34 0.50 0.95 0.71
Corporation
BASF India 1445.30 13628.42 13099.73 724.08 937.66 5.31 7.16 402.89 594.84 0.04 -0.23 -0.32
GOCL Corporation 1355.56 920.77 498.15 468.09 128.63 50.84 25.82 211.15 176.10 0.85 2.64 0.20
Shivalik Rasayan 1351.63 234.45 214.75 47.61 51.03 20.31 23.76 29.83 34.25 0.09 -0.07 -0.13
Grauer & Weil (India) 1327.36 981.82 768.26 174.36 127.18 17.76 16.55 112.96 78.77 0.28 0.37 0.43
Bodal Chemicals 1234.60 1574.28 2050.62 144.95 236.93 9.21 11.55 38.03 98.66 -0.23 -0.39 -0.61
Insecticides (India) 1210.95 1801.33 1503.96 123.15 173.95 6.84 11.57 62.98 107.43 0.20 -0.29 -0.41
Styrenix Performance Materials 1174.72 2372.27 2179.02 290.31 488.44 12.24 22.42 183.01 322.54 0.09 -0.41 -0.43
Transpek Industry 1089.47 826.90 599.11 165.05 124.51 19.96 20.78 83.48 65.40 0.38 0.33 0.28
Bayer CropScience 1044.35 5139.70 4734.40 988.10 865.70 19.22 18.29 758.20 645.30 0.09 0.14 0.17
Bhageria Industries 965.41 501.49 601.30 58.33 125.69 11.63 20.90 14.71 70.60 -0.17 -0.54 -0.79
Ultramarine & Pigments 949.44 556.60 490.41 112.31 93.15 20.18 18.99 69.20 58.30 0.13 0.21 0.19
National Peroxide 912.14 376.47 225.94 66.21 27.22 17.59 12.05 42.51 5.43 0.67 1.43 6.83
DMCC Speciality Chemicals 907.69 384.74 326.30 38.78 46.10 10.08 14.13 6.93 21.34 0.18 -0.16 -0.68
Sigachi Industries 888.92 302.05 250.29 65.40 55.67 21.65 22.24 43.54 40.04 0.21 0.17 0.09
Shree Pushkar Chemicals &
862.19 684.03 584.00 76.31 86.85 11.16 14.87 37.23 55.55 0.17 -0.12 -0.33
Fertilisers
Shalimar Paints 846.74 485.55 358.10 -7.54 -17.82 -1.55 -4.98 -36.15 -64.23 0.36 -0.58 -0.44
Bhagiradha Chemicals & Industries 843.64 502.09 435.67 78.58 69.13 15.65 15.87 45.15 35.75 0.15 0.14 0.26
Sree Rayalaseema Hi-Strength
813.10 1650.12 1267.27 211.80 159.41 12.84 12.58 154.25 102.78 0.30 0.33 0.50
Hypo
Oriental Carbon & Chemicals 799.81 535.86 443.71 112.79 93.38 21.05 21.05 53.59 46.19 0.21 0.21 0.16
Dhunseri Ventures 799.09 231.91 263.92 75.91 130.15 32.73 49.32 -127.76 11.57 -0.12 -0.42 -12.04
Mangalam Organics 770.41 492.53 490.65 -2.43 92.43 -0.49 18.84 -27.23 53.74 0.00 -1.03 -1.51
Jayant Agro-Organics 745.20 2771.61 2589.34 98.90 153.34 3.57 5.92 51.33 92.08 0.07 -0.36 -0.44
Jubilant Industries 701.42 1470.54 1165.80 105.80 101.28 7.19 8.69 52.79 54.62 0.26 0.04 -0.03
Dynemic Products 660.16 288.55 251.93 29.14 43.00 10.10 17.07 -2.94 14.30 0.15 -0.32 -1.21
Indo Amines 655.01 945.01 786.04 91.34 62.57 9.67 7.96 40.88 23.05 0.20 0.46 0.77
Ganesh Benzoplast 637.63 420.85 357.51 95.95 64.31 22.80 17.99 55.08 32.69 0.18 0.49 0.68
Amines & Plasticizers 601.09 597.29 563.17 45.23 45.37 7.57 8.06 22.87 23.86 0.06 0.00 -0.04
Kanoria Chemicals & Industries 594.68 1578.43 1369.12 82.69 97.02 5.24 7.09 -12.88 2.23 0.15 -0.15 -6.77
Zuari Agro Chemicals 562.74 4106.32 3589.80 284.82 293.68 6.94 8.18 880.08 6.29 0.14 -0.03 138.89
Indo Borax & Chemicals 460.01 225.08 175.72 69.11 51.08 30.71 29.07 50.69 36.37 0.28 0.35 0.39
Financial Review For FY23

Construction
Operating Profit Operating Profit
Net Sales (` Cr.) PAT ` Cr.) Change FY23 vs FY22
Market Cap (` Cr.) Margin (%)
Company Name
(` Cr.) Net Operating
FY23 FY22 FY23 FY22 FY23 FY22 FY23 FY22 PAT
Sales Profit
Ultratech Cement 190,584.26 63,239.98 52,598.83 11,122.93 12,022.16 17.59 22.86 5,069.37 7,174.34 20.23 -7.48 -29.34
Shree Cement 86,567.10 17,852.33 15,009.56 3,418.58 4,253.82 19.15 28.34 1,269.14 2,336.61 18.94 -19.64 -45.68
Dalmia Bharat 27,651.95 13,540.00 11,286.00 2,454.00 2,586.00 18.12 22.91 529.00 1,160.00 19.97 -5.10 -54.40
JK Cement 18,787.40 9,720.20 7,990.82 1,401.71 1,625.28 14.42 20.34 419.08 679.42 21.64 -13.76 -38.32
The Ramco Cements 18,177.38 8,052.28 6,003.69 1,218.48 1,318.67 15.13 21.96 341.99 892.85 34.12 -7.60 -61.70
Kajaria Ceramics 16,204.97 4,381.93 3,705.19 625.63 638.26 14.28 17.23 346.28 382.74 18.26 -1.98 -9.53
Century Plyboards (India) 15,916.47 3,646.57 3,027.02 606.35 553.92 16.63 18.30 384.05 313.16 20.47 9.47 22.64
Nuvoco Vistas Corporation 14,089.96 10,586.17 9,318.03 1,223.59 1,538.78 11.56 16.51 15.86 32.08 13.61 -20.48 -50.56
Asahi India Glass 10,456.95 4,006.39 3,170.41 811.24 779.97 20.25 24.60 345.32 331.37 26.37 4.01 4.21
Greenpanel Industries 7,202.50 1,782.86 1,625.04 435.87 439.39 24.45 27.04 256.51 240.47 9.71 -0.80 6.67
The India Cements 6,489.25 5,608.14 4,858.35 -102.99 508.64 -1.84 10.47 -169.82 65.98 15.43 -120.25 -357.40
Cera Sanitaryware 6,470.13 1,803.50 1,445.83 328.54 252.38 18.22 17.46 211.05 152.94 24.74 30.18 37.99
Prism Johnson 5,811.29 7,209.54 6,306.32 395.30 570.51 5.48 9.05 -167.38 37.08 14.32 -30.71 -551.40
JK Lakshmi Cement 5,549.20 6,451.50 5,419.89 896.23 1,019.03 13.89 18.80 369.13 477.62 19.03 -12.05 -22.71
Greenlam Industries 4,378.95 2,025.96 1,703.40 250.84 194.30 12.38 11.41 128.04 90.58 18.94 29.10 41.35
Star Cement 3,621.45 2,704.85 2,221.82 520.47 378.62 19.24 17.04 247.60 246.77 21.74 37.46 0.34
HIL 2,991.62 3,478.96 3,520.24 248.26 421.85 7.14 11.98 98.30 208.26 -1.17 -41.15 -52.80
Sagar Cements 2,901.08 2,229.54 1,596.87 375.88 289.19 16.86 18.11 8.50 59.15 39.62 29.98 -85.63
Somany Ceramics 2,750.83 2,464.64 2,094.46 203.25 219.95 8.25 10.50 66.92 93.42 17.67 -7.59 -28.36
Greenply Industries 2,703.93 1,845.63 1,562.80 184.45 160.16 9.99 10.25 112.18 92.12 18.10 15.16 21.78
Pokarna 2,306.39 727.99 650.19 180.99 177.88 24.86 27.36 65.81 78.30 11.97 1.75 -15.95
Jaiprakash Associates 2,042.23 7,263.12 7,034.13 819.92 143.71 11.29 2.04 -837.00 -1,498.32 3.26 470.54 -44.14
Borosil Renewables 1,953.80 894.04 644.22 162.87 265.01 18.22 41.14 70.66 165.85 38.78 -38.54 -57.40
Ramco Industries 1,829.46 1,451.57 1,457.17 173.46 233.89 11.95 16.05 106.13 126.52 -0.38 -25.84 -16.12
Stylam Industries 1,729.63 952.13 659.35 156.25 111.66 16.41 16.93 95.98 61.11 44.41 39.94 57.07
KCP 1,495.48 2,253.65 2,108.21 212.02 416.06 9.41 19.74 89.76 239.14 6.90 -49.04 -62.47
Everest Industries 1,116.52 1,647.63 1,364.71 108.12 98.30 6.56 7.20 42.36 44.09 20.73 9.98 -3.91
Visaka Industries 1,012.15 1,653.43 1,415.81 149.31 209.76 9.03 14.82 53.59 118.32 16.78 -28.82 -54.71
Shree Digvijay Cement Company 995.96 726.74 629.34 108.07 121.05 14.87 19.23 58.08 55.28 15.48 -10.72 5.07
Hindusthan National Glass & 961.80 2,457.35 2,097.00 -99.25 -109.14 -4.04 -5.20 -233.32 -348.52 17.18 -9.06 -33.05
Industries
Orient Bell 729.54 699.66 654.31 52.62 58.73 7.52 8.98 21.73 31.03 6.93 -10.40 -29.97
Oriental Rail Infrastructure 655.19 325.13 172.60 27.16 32.31 8.35 18.72 3.19 15.59 88.37 -15.95 -79.55
Anjani Portland Cement 589.64 661.50 801.26 24.08 147.15 3.64 18.36 -58.50 41.99 -17.44 -83.64 -239.32
Exxaro Tiles 519.22 317.09 325.34 36.18 49.76 11.41 15.30 7.27 18.10 -2.53 -27.29 -59.83
Saurashtra Cement 440.16 1,645.29 761.29 19.04 35.28 1.16 4.63 -21.99 3.97 116.12 -46.04 -654.36

Consumer Durables
Operating Profit Operating Profit
Net Sales (` Cr.) PAT ` Cr.) Change FY23 vs FY22
Market Cap (` Cr.) Margin (%)
Company Name
(` Cr.) Net Operating
FY23 FY22 FY23 FY22 FY23 FY22 FY23 FY22 PAT
Sales Profit
Dixon Technologies (India) 25586.68 12,192.01 10,697.08 518.36 388.12 4.25 3.63 253.46 190.39 13.98 33.56 33.13
Crompton Greaves Consumer Electricals 23682.83 6,869.61 5,394.11 837.25 842.10 12.19 15.61 476.40 578.38 27.35 -0.58 -17.63
Whirlpool Of India 19950.94 6,667.65 6,196.57 497.65 478.96 7.46 7.73 224.01 557.20 7.60 3.90 -59.80
Bajaj Electricals 12348.96 5,339.69 4,813.01 433.54 318.49 8.12 6.62 216.19 124.41 10.94 36.12 73.78
Amber Enterprises India 11880.4 6,927.10 4,206.40 470.60 310.00 6.79 7.37 163.78 111.32 64.68 51.80 47.12
TTK Prestige 11458.06 2,777.13 2,722.45 404.18 461.56 14.55 16.95 254.95 305.43 2.01 -12.43 -16.53
Blue Star 10122.57 7,977.32 6,045.58 523.65 382.19 6.56 6.32 400.29 166.91 31.95 37.01 139.82
Symphony 7674.91 1,188.00 1,039.08 188.00 202.05 15.82 19.45 116.00 120.86 14.33 -6.95 -4.02
Eureka Forbes 7570.84 2,084.51 381.75 155.25 20.66 7.45 5.41 26.47 2.62 446.04 651.31 912.24
IFB Industries 4217.52 4,194.99 3,415.38 185.53 76.54 4.42 2.24 14.94 -48.16 22.83 142.40 -131.02
Borosil 3782.79 1,027.12 839.86 151.13 168.18 14.71 20.02 90.21 85.23 22.30 -10.14 5.84
Hindware Home Innovation 2624.36 2,873.27 2,293.63 281.07 204.12 9.78 8.90 66.47 203.49 25.27 37.70 -67.34
PG Electroplast 1555.57 2,159.95 1,097.72 180.43 92.72 8.35 8.45 77.47 37.42 96.77 94.58 107.04
Stove Kraft 1492.78 1,283.85 1,136.36 95.50 96.71 7.44 8.51 35.77 56.22 12.98 -1.25 -36.37
KDDL 1248.11 1,119.45 816.24 180.46 127.81 16.12 15.66 76.48 37.15 37.15 41.19 105.84
Control Print 581.49 304.29 256.23 79.89 61.57 26.26 24.03 52.85 40.10 18.76 29.76 31.81

Financial Review For FY23

Crude Oil & Gas


Operating Profit Operating Profit
Net Sales (` Cr.) PAT ` Cr.) Change FY23 vs FY22
Market Cap (` Cr.) Margin (%)
Company Name
(` Cr.) Net Operating
FY23 FY22 FY23 FY22 FY23 FY22 FY23 FY22 PAT
Sales Profit
Reliance Industries 1781867.18 892944 699962 154734 125407 17.33 17.92 74131 67565 27.57 23.39 9.72
Oil & Natural Gas Corporation 206190.76 684829.22 491269.8 83601.05 88608.941 12.21 18.04 32743.55 47830.13 39.40 -5.65 -31.54
Indian Oil Corporation 109208.47 951409.94 589335.74 34897.91 50854.71 3.67 8.63 10842.07 25726.6 61.44 -31.38 -57.86
Bharat Petroleum Corporation 76489.84 533547.29 346791.08 12386.32 21405.84 2.32 6.17 -60.87 11681.5 53.85 -42.14 -100.52
Hindustan Petroleum Corporation 38208.64 464989.7 349913.18 -5741.17 12683.25 -1.23 3.62 -9471.74 7294.23 32.89 -145.27 -229.85
Oil India 25836.07 41038.94 25905.59 15987.42 11642.96 38.96 44.94 9850.1 6719.22 58.42 37.31 46.60
Mangalore Refinery And
7273.29 124736.03 69727.075 6686.59 5033.642 5.36 7.22 2616.64 2958.252 78.89 32.84 -11.55
Petrochemicals
Hindustan Oil Exploration Company 2907.37 558.916 155.7252 320.973 90.6564 57.43 58.22 193.938 19.9937 258.91 254.05 870.00
Chennai Petroleum Corporation 1901.58 90908.27 43375.38 5704.4 2742.76 6.27 6.32 3525.87 1336.44 109.58 107.98 163.83
Tamilnadu Petroproducts 1028.37 2146.63 1805.5824 152.36 265.8613 7.10 14.72 94.19 175.3698 18.89 -42.69 -46.29
Jindal Drilling & Industries 691.64 512.17 419.8588 221.81 141.7332 43.31 33.76 111.83 64.4658 21.99 56.50 73.47
Vikas Lifecare 584.02 476.048 300.9218 -16.098 42.7241 -3.38 14.20 -15.552 28.9467 58.20 -137.68 -153.73
Oricon Enterprises 493.91 599.777 509.827 62.646 56.9515 10.44 11.17 15.933 146.0172 17.64 10.00 -89.09
GAIL (India) 69136.87 145875.03 92769.83 8816.47 16334.62 6.04 17.61 4087.83 12303.63 57.24 -46.03 -66.78
Petronet LNG 29047.5 59899.35 43168.57 5377.03 5546.42 8.98 12.85 3187.8 3438.11 38.76 -3.05 -7.28
Indraprastha Gas 26092.5 15603.02 7709.96 2242.69 2069.3 14.37 26.84 1386.02 1502.27 102.37 8.38 -7.74
Confidence Petroleum India 1773.58 2208.83 1427.69 227.18 194.71 10.29 13.64 88.14 87.56 54.71 16.68 0.66
Adani Total Gas 236319.53 4683.39 3037.81 906.72 814.5 19.36 26.81 529.14 504.66 54.17 11.32 4.85
Gujarat Gas 34602.43 17306.16 16456.22 2493.32 2192.03 14.41 13.32 1525.52 1287.37 5.16 13.74 18.50
Gujarat State Petronet 14658.21 18663.346 17990.8382 3812.637 3605.6803 20.43 20.04 2339.22 2231.0136 3.74 5.74 4.85

Electricals
Operating Profit Operating Profit
Net Sales (` Cr.) PAT ` Cr.) Change FY23 vs FY22
Market Cap (` Cr.) Margin (%)
Company Name
(` Cr.) Net Operating
FY23 FY22 FY23 FY22 FY23 FY22 FY23 FY22 PAT
Sales Profit
Polycab India 35,345.51 14,107.78 12,203.76 1,985.44 1,355.12 14.07 11.10 1,291.52 847.79 15.60 46.51 52.34
KEI Industries 11,392.88 6,912.33 5,726.55 733.79 603.34 10.62 10.54 477.34 375.98 20.71 21.62 26.96
Sterlite Technologies 8,933.47 6,925.00 5,754.26 931.00 594.14 13.44 10.33 227.00 28.77 20.35 56.70 689.02
Finolex Cables 5,777.69 4,481.11 3,768.14 627.10 499.92 13.99 13.27 434.29 599.14 18.92 25.44 -27.51
Olectra Greentech 5,490.38 1,090.76 593.26 151.33 92.34 13.87 15.57 64.25 35.36 83.86 63.88 81.73
Swelect Energy Systems 574.82 365.98 391.11 96.30 91.32 26.31 23.35 29.73 32.42 -6.43 5.45 -8.30
Centum Electronics 574.48 884.20 779.94 82.06 82.27 9.28 10.55 5.45 -48.89 13.37 -0.25 -111.15
Hindusthan Urban Infrastructure 509.20 577.25 739.89 -12.15 61.81 -2.11 8.35 -58.07 -3.76 -21.98 -119.66 1,444.25
Universal Cables 479.49 2,201.95 1,813.54 202.99 142.40 9.22 7.85 49.75 16.68 21.42 42.55 198.32
Financial Review For FY23

Financial Services
Operating Profit Operating Profit
Net Sales (` Cr.) PAT ` Cr.) Change FY23 vs FY22
Market Cap (` Cr.) Margin (%)
Company Name
(` Cr.) Net Operating
FY23 FY22 FY23 FY22 FY23 FY22 FY23 FY22 PAT
Sales Profit
Bajaj Finance 437,941.50 40,250.53 31,658.98 28,571.46 19,736.03 70.98 62.34 11,506.02 7,028.23 27.14 44.77 63.71
Housing Development Finance Corp. 433,074.19 61,763.93 135,925.76 58,406.67 47,098.39 94.56 34.65 16,534.02 24,042.13 -54.56 24.01 -31.23
Bajaj Finserv 271,367.92 44,443.80 68,406.08 29,689.16 21,463.13 66.80 31.38 12,208.35 8,313.53 -35.03 38.33 46.85
Cholamandalam Investment and Fin.Co. 58,976.02 12,803.01 10,140.75 9,483.71 7,305.89 74.07 72.04 2,676.67 2,158.89 26.25 29.81 23.98
Bajaj Holdings & Investment 55,892.06 425.35 429.69 385.30 369.09 90.58 85.90 279.20 4,125.61 -1.01 4.39 -93.23
Muthoot Finance 53,358.82 11,749.20 12,184.91 9,210.12 9,747.77 78.39 80.00 3,669.77 4,031.32 -3.58 -5.52 -8.97
Piramal Enterprises 52,195.14 8,216.86 13,993.30 1,652.86 7,170.33 20.12 51.24 9,579.97 1,998.77 -41.28 -76.95 379.29
Power Finance Corporation 29,687.70 77,147.72 76,660.79 73,564.64 68,171.44 95.36 88.93 21,178.58 18,768.21 0.64 7.91 12.84
Max Financial Services 26,018.22 351.25 31,156.42 569.29 635.88 162.08 2.04 451.89 318.40 -98.87 -10.47 41.92
Aditya Birla Capital 26,011.58 10,921.10 22,607.58 10,229.49 5,587.97 93.67 24.72 4,551.50 1,660.07 -51.69 83.06 174.18
REC 24,291.52 39,190.71 39,281.83 37,655.26 34,514.44 96.08 87.86 11,166.98 10,047.50 -0.23 9.10 11.14
Nippon Life India Asset Management 21,664.96 1,349.82 1,306.64 961.50 1,019.71 71.23 78.04 722.93 743.37 3.30 -5.71 -2.75
Sundaram Finance 21,381.27 4,913.91 5,108.37 4,256.19 3,781.78 86.62 74.03 1,271.75 1,066.62 -3.81 12.54 19.23
Poonawalla Fincorp 20,760.02 1,910.86 2,004.39 1,400.30 1,260.89 73.28 62.91 569.81 373.91 -4.67 11.06 52.39
Aavas Financiers 20,251.95 1,608.76 1,304.45 1,168.19 958.28 72.61 73.46 429.64 355.18 23.33 21.91 20.96
ICICI Securities 20,059.40 3,414.18 3,434.98 2,112.48 2,188.97 61.87 63.73 1,117.63 1,382.60 -0.61 -3.49 -19.16
L&T Finance Holdings 19,928.39 12,771.47 11,929.72 8,039.13 7,098.92 62.95 59.51 -728.89 849.23 7.06 13.24 -185.83
LIC Housing Finance 19,776.10 22,631.98 19,974.36 19,808.52 16,993.53 87.52 85.08 2,891.03 2,286.00 13.31 16.57 26.47
Mahindra & Mahindra Financial Services 19,623.20 12,235.47 11,317.57 8,136.76 6,053.19 66.50 53.48 2,027.88 1,105.32 8.11 34.42 83.47
Aptus Value Housing Finance India 16,895.21 1,093.36 814.68 936.84 695.92 85.69 85.42 503.01 370.14 34.21 34.62 35.90
Aditya Birla Sun Life AMC 15,348.96 1,226.61 1,292.96 832.09 935.33 67.84 72.34 596.38 672.77 -5.13 -11.04 -11.35
360 One Wam 14,826.10 1,974.66 1,850.65 1,296.85 1,162.82 65.67 62.83 657.89 577.74 6.70 11.53 13.87
CreditAccess Grameen 13,234.14 3,487.03 2,742.82 2,368.14 1,515.44 67.91 55.25 826.06 357.10 27.13 56.27 131.32
Motilal Oswal Financial Services 12,965.74 4,109.29 4,296.81 1,896.46 2,142.27 46.15 49.86 932.82 1,310.72 -4.36 -11.47 -28.83
UTI Asset Management Company 12,623.27 122.47 1,319.08 635.11 706.18 518.58 53.54 439.68 534.59 -90.72 -10.06 -17.75
Cholamandalam Financial Holdings 11,598.92 14,049.42 14,672.65 9,778.50 7,525.59 69.60 51.29 2,818.31 2,242.23 -4.25 29.94 25.69
IIFL Finance 10,820.50 8,258.85 6,348.07 5,486.94 4,673.86 66.44 73.63 1,607.55 1,188.25 30.10 17.40 35.29
Capri Global Capital 10,802.78 1,398.52 968.99 843.32 614.09 60.30 63.37 204.65 205.04 44.33 37.33 -0.19
IDFC 9,834.07 153.83 88.05 90.64 56.15 58.92 63.77 -300.85 -1.08 74.71 61.42 27,756.48
Manappuram Finance 9,615.05 6,585.82 6,061.02 4,432.59 3,992.87 67.31 65.88 1,500.16 1,328.71 8.66 11.01 12.90
Kama Holdings 7,794.19 15,074.82 12,502.41 3,776.57 3,223.73 25.05 25.78 2,324.45 1,888.86 20.58 17.15 23.06
Multi Commodity Exchange Of India 7,209.87 513.51 366.81 217.35 228.69 42.33 62.35 153.95 143.45 39.99 -4.96 7.32
Indiabulls Housing Finance 7,030.78 8,719.28 8,983.31 7,325.91 7,874.76 84.02 87.66 1,127.68 1,177.74 -2.94 -6.97 -4.25
Tata Investment Corporation 6,858.70 277.16 256.09 245.82 229.06 88.69 89.45 216.09 196.61 8.23 7.31 9.91
Housing & Urban Development
6,546.21 6,993.62 6,954.42 6,807.80 6,886.37 97.34 99.02 1,701.62 1,716.60 0.56 -1.14 -0.87
Corporation
JM Financial 6,454.49 2,776.30 3,720.26 2,172.99 2,467.55 78.27 66.33 708.76 992.37 -25.37 -11.94 -28.58
PNB Housing Finance 6,352.01 6,527.33 6,195.93 5,310.87 5,202.21 81.36 83.96 1,046.00 836.48 5.35 2.09 25.05
Sindhu Trade Links 5,574.07 1,176.69 1,006.99 208.52 161.82 17.72 16.07 -3.47 -52.77 16.85 28.86 -93.43
Edelweiss Financial Services 5,272.43 6,525.94 6,911.40 2,965.65 3,265.96 45.44 47.25 273.76 115.42 -5.58 -9.20 137.19
JSW Holdings 4,545.10 406.77 186.14 400.87 180.39 98.55 96.91 299.61 134.60 118.52 122.22 122.59
Religare Enterprises 4,149.30 514.82 3,223.62 653.44 -227.27 126.93 -7.05 3,168.62 -1,538.51 -84.03 -387.52 -305.95
Share India Securities 3,991.20 1,088.23 856.50 504.11 313.33 46.32 36.58 330.67 201.80 27.06 60.89 63.86
Dhani Services 3,777.92 573.73 1,434.44 -250.69 -521.86 -43.70 -36.38 -481.31 -860.37 -60.00 -51.96 -44.06
Paisalo Digital 3,484.87 473.19 392.22 342.73 293.22 72.43 74.76 93.62 79.25 20.64 16.88 18.13
MAS Financial Services 2,923.05 987.83 690.17 770.38 558.66 77.99 80.95 205.82 161.15 43.13 37.90 27.72
Indostar Capital Finance 2,876.72 1,174.34 1,163.33 858.45 -321.44 73.10 -27.63 225.15 -736.51 0.95 -367.07 -130.57
IIFL Securities 2,694.38 1,334.77 1,232.33 483.26 567.76 36.21 46.07 249.81 305.69 8.31 -14.88 -18.28
Bengal & Assam Company 2,662.48 109.84 13,575.67 1,672.12 1,353.33 1,522.35 9.97 452.80 313.62 -99.19 23.56 44.38
IFCI 2,334.32 495.83 1,597.70 469.78 -512.83 94.75 -32.10 -287.58 -1,761.20 -68.97 -191.61 -83.67
Spandana Sphoorty Financial 2,296.37 1,362.01 1,462.79 486.57 647.59 35.72 44.27 12.39 69.83 -6.89 -24.86 -82.25
Pilani Investment And Industries Corp. 1,879.47 276.79 257.55 272.85 250.70 98.58 97.34 155.92 146.29 7.47 8.84 6.58
Max Ventures And Industries 1,524.57 107.34 100.97 55.61 35.65 51.81 35.31 16.98 4.66 6.31 55.99 264.69
Geojit Financial Services 1,493.73 428.15 500.29 155.85 232.20 36.40 46.41 96.46 150.70 -14.42 -32.88 -35.99
Dolat Algotech 1,488.96 241.34 292.80 189.85 256.04 78.66 87.44 116.37 167.70 -17.58 -25.85 -30.61
Ujjivan Financial Services 1,237.47 4,421.34 2,995.16 3,186.73 922.19 72.08 30.79 1,140.29 -230.50 47.62 245.56 -594.69
Vardhman Holdings 1,166.83 5.89 33.09 3.40 31.91 57.72 96.45 6.90 429.08 -82.20 -89.35 -98.39
Choice International 1,135.93 385.08 271.82 108.67 92.35 28.22 33.98 60.07 53.60 41.67 17.67 12.06
Repco Home Finance 1,103.56 1,257.01 1,290.19 1,116.80 962.32 88.85 74.59 296.08 191.54 -2.57 16.05 54.58
Centrum Capital 1,075.45 1,217.12 712.57 495.71 167.14 40.73 23.46 -182.94 -189.94 70.81 196.59 -3.69
Financial Review For FY23

Operating Profit Operating Profit


Net Sales (` Cr.) PAT ` Cr.) Change FY23 vs FY22
Market Cap (` Cr.) Margin (%)
Company Name
(` Cr.) Net Operating
FY23 FY22 FY23 FY22 FY23 FY22 FY23 FY22 PAT
Sales Profit
BF Investment 1,025.32 31.21 20.85 25.58 15.64 81.97 74.99 -59.51 197.75 49.66 63.59 -130.09
TruCap Finance 1,020.32 123.12 75.74 60.97 36.30 49.52 47.92 0.63 3.98 62.55 67.98 -84.14
5Paisa Capital 1,015.03 337.86 296.97 87.52 46.86 25.90 15.78 43.57 13.74 13.77 86.77 217.16
PTC India Financial Services 1,001.96 787.30 952.88 670.36 761.53 85.15 79.92 175.81 129.98 -17.38 -11.97 35.25
Magellanic Cloud 995.48 368.41 252.68 127.36 37.29 34.57 14.76 74.10 29.46 45.80 241.52 151.55
Nahar Capital And Financial Services 991.88 20.95 30.03 25.81 35.36 123.21 117.76 38.12 -44.81 -30.24 -27.01 -185.06
Capital India Finance 971.29 482.42 529.88 29.58 54.70 6.13 10.32 -77.47 -20.69 -8.96 -45.93 274.37
Nalwa Sons Investments 913.45 121.33 93.07 125.25 80.38 103.23 86.36 92.59 65.86 30.36 55.83 40.58
GFL 864.52 3.22 685.70 1.06 232.68 32.92 33.93 2,313.91 -243.54 -99.53 -99.54 -1,050.12
Arman Financial Services 840.29 405.13 234.01 298.11 136.32 73.58 58.25 93.81 31.72 73.12 118.68 195.72
Rane Holdings 839.88 3,508.33 2,677.30 348.61 203.07 9.94 7.58 88.23 42.42 31.04 71.67 107.99
Arihant Capital Markets 826.45 137.55 169.69 49.67 73.39 36.11 43.25 28.81 49.50 -18.94 -32.32 -41.80
Balmer Lawrie Investments 819.97 7.39 2,060.76 245.52 210.57 3,323.24 10.22 111.60 137.96 -99.64 16.60 -19.11
Finkurve Financial Services 770.03 50.43 56.55 24.97 29.37 49.51 51.94 14.32 19.73 -10.82 -14.99 -27.43
Satin Creditcare Network 761.01 1,555.58 1,376.80 640.37 675.83 41.17 49.09 4.81 20.70 12.99 -5.25 -76.75
GIC Housing Finance 705.44 1,104.05 1,149.78 1,002.28 940.47 90.78 81.80 213.25 173.51 -3.98 6.57 22.90
Kalyani Investment Company 692.64 59.50 31.07 56.56 27.82 95.06 89.56 42.58 57.17 91.52 103.29 -25.53
Oswal Greentech 660.00 20.50 24.01 63.40 65.93 309.27 274.59 37.88 46.05 -14.62 -3.84 -17.74
Summit Securities 644.24 50.44 74.10 47.02 71.14 93.20 96.01 37.06 50.83 -31.92 -33.91 -27.09
VLS Finance 617.63 79.12 229.33 62.44 211.53 78.92 92.24 55.97 210.22 -65.50 -70.48 -73.38
Monarch Networth Capital 597.55 155.92 144.48 64.81 75.48 41.57 52.25 42.97 54.05 7.92 -14.13 -20.50
Niyogin Fintech 584.11 91.40 102.82 -21.21 -1.34 -23.20 -1.31 -28.39 -7.60 -11.11 1,478.72 273.46
The Investment Trust of India 578.32 301.07 324.07 43.93 48.20 14.59 14.87 7.40 1.45 -7.10 -8.85 409.89
Delphi World Money 578.26 41.19 1,505.30 24.49 18.97 59.46 1.26 15.04 7.92 -97.26 29.10 89.90
Tourism Finance Corporation Of India 542.69 228.88 257.73 201.68 229.40 88.12 89.01 87.95 85.31 -11.19 -12.08 3.09
Crest Ventures 513.52 808.22 56.94 769.35 -2.82 95.19 -4.96 594.81 12.10 1,319.36 27,161.61 4,816.27
Reliance Capital 420.76 3,451.93 19,271.73 -1,244.58 -5,249.22 -36.05 -27.24 -1,765.07 -8,054.74 -82.09 -76.29 -78.09

FMCG
Operating Profit Operating Profit
Net Sales (` Cr.) PAT ` Cr.) Change FY23 vs FY22
Market Cap (` Cr.) Margin (%)
Company Name
(` Cr.) Net Operating
FY23 FY22 FY23 FY22 FY23 FY22 FY23 FY22 PAT
Sales Profit
ITC 309,068.36 75,826.58 60,668.09 27,645.42 22,515.39 36.46 37.11 19,427.68 15,503.13 24.99 22.78 25.31
Dabur India 94,856.67 11,529.89 10,888.68 2,609.51 2,643.64 22.63 24.28 1,702.96 1,742.30 5.89 -1.29 -2.26
Britannia Industries 77,191.59 15,984.90 14,136.26 3,046.77 2,424.34 19.06 17.15 2,310.91 1,515.98 13.08 25.67 52.44
Godrej Consumer Products 76,403.56 13,198.69 12,276.50 2,598.87 2,496.92 19.69 20.34 1,702.46 1,783.39 7.51 4.08 -4.54
Adani Wilmar 67,259.48 58,184.81 54,213.55 1,922.30 1,908.61 3.30 3.52 553.57 774.35 7.33 0.72 -28.51
Marico 64,970.85 9,764.00 9,512.00 1,954.00 1,779.00 20.01 18.70 1,322.00 1,255.00 2.65 9.84 5.34
Jubilant FoodWorks 34,779.77 5,158.25 4,396.12 1,201.96 1,150.13 23.30 26.16 379.16 418.09 17.34 4.51 -9.31
Devyani International 21,119.09 2,997.72 2,084.01 688.20 490.31 22.96 23.53 262.51 155.12 43.84 40.36 69.24
Emami 19,754.70 3,405.73 3,192.03 931.69 1,047.62 27.36 32.82 634.91 836.67 6.69 -11.07 -24.11
Sheela Foam 16,956.41 2,873.32 2,981.81 383.78 394.11 13.36 13.22 203.06 218.73 -3.64 -2.62 -7.16
VIP Industries 10,528.83 2,082.32 1,289.51 330.88 182.47 15.89 14.15 152.34 66.93 61.48 81.33 127.61
Galaxy Surfactants 10,158.91 4,445.24 3,685.71 578.13 413.22 13.01 11.21 380.98 262.78 20.61 39.91 44.98
Zydus Wellness 9,549.27 2,242.61 2,009.10 342.01 355.15 15.25 17.68 310.37 308.87 11.62 -3.70 0.49
Sapphire Foods India 9,385.62 2,265.57 1,721.57 459.48 343.00 20.28 19.92 233.19 45.99 31.60 33.96 407.10
Colgate-Palmolive (India) 9,182.93 5,187.86 5,099.78 1,600.59 1,592.21 30.85 31.22 1,047.14 1,078.32 1.73 0.53 -2.89
Godrej Agrovet 8,496.06 9,352.81 8,307.27 630.29 745.06 6.74 8.97 263.38 368.94 12.59 -15.40 -28.61
Avanti Feeds 5,621.51 5,086.99 5,035.96 485.04 405.36 9.53 8.05 312.59 254.71 1.01 19.66 22.72
Jyothy Labs 5,418.17 2,486.02 2,196.49 355.40 266.89 14.30 12.15 239.73 159.13 13.18 33.16 50.65
Godfrey Phillips India 5,252.43 4,227.77 2,687.57 971.61 747.42 22.98 27.81 606.82 438.05 57.31 30.00 38.53
KRBL 4,743.31 5,363.23 4,210.56 1,031.57 704.75 19.23 16.74 700.98 459.40 27.38 46.37 52.59
Uflex 4,396.96 14,457.92 13,127.13 1,885.96 2,279.30 13.04 17.36 488.21 1,099.42 10.14 -17.26 -55.59
Hindustan Foods 4,121.21 2,598.13 2,040.10 177.71 118.65 6.84 5.82 71.12 44.66 27.35 49.78 59.23
GRM Overseas 3,847.20 1,379.46 1,134.27 111.01 129.77 8.05 11.44 62.86 84.52 21.62 -14.45 -25.63
Dodla Dairy Ltd 2,666.18 2,812.03 2,243.35 214.27 225.36 7.62 10.05 122.28 132.81 25.35 -4.92 -7.93
LT Foods 2,497.99 6,935.79 5,427.37 743.73 619.81 10.72 11.42 394.90 309.20 27.79 19.99 27.71
Bajaj Consumer Care 2,408.59 949.05 879.96 178.28 212.55 18.79 24.15 139.22 169.64 7.85 -16.12 -17.93
Financial Review For FY23

FMCG
Operating Profit Operating Profit
Net Sales (` Cr.) PAT ` Cr.) Change FY23 vs FY22
Market Cap (` Cr.) Margin (%)
Company Name
(` Cr.) Net Operating
FY23 FY22 FY23 FY22 FY23 FY22 FY23 FY22 PAT
Sales Profit
Carysil 2,218.22 593.89 483.90 108.98 114.72 18.35 23.71 52.83 65.26 22.73 -5.01 -19.04
Safari Industries (India) 2,168.42 1,211.98 705.68 206.32 63.21 17.02 8.96 125.09 22.37 71.75 226.41 459.24
Agro Tech Foods 2,054.18 847.97 916.62 45.47 56.50 5.36 6.16 15.08 25.85 -7.49 -19.52 -41.66
AVT Natural Products 1,988.07 582.17 559.39 123.27 115.62 21.17 20.67 77.40 72.85 4.07 6.62 6.25
Mirza International 1,936.83 653.00 1,678.67 71.34 240.79 10.93 14.34 26.45 112.98 -61.10 -70.37 -76.59
AGI Greenpac 1,807.05 2,281.48 1,430.43 487.51 306.99 21.37 21.46 248.79 116.40 59.50 58.80 113.74
Mrs. Bectors Food Specialities 1,648.58 1,362.14 988.17 187.23 129.06 13.75 13.06 90.41 57.14 37.84 45.07 58.22
ADF Foods 1,622.57 450.29 421.20 91.85 76.03 20.40 18.05 55.86 48.52 6.90 20.81 15.11
Prataap Snacks 1,619.90 1,641.71 1,396.62 70.19 72.04 4.28 5.16 20.31 2.91 17.55 -2.57 598.21
Heritage Foods 1,483.81 3,240.65 2,681.28 150.32 203.73 4.64 7.60 66.50 102.56 0.21 -0.26 -0.35
BCL Industries 1,077.45 1,819.92 1,993.07 130.28 145.70 7.16 7.31 64.36 84.77 -0.09 -0.11 -0.24
Gokul Agro Resources 1,052.30 10,739.81 10,390.75 298.31 241.50 2.78 2.32 132.41 122.91 0.03 0.24 0.08
Vadilal Industries 1,016.25 1,057.86 697.72 176.30 107.19 16.67 15.36 96.30 44.70 0.52 0.64 1.15
Kokuyo Camlin 968.44 773.32 508.47 56.45 17.22 7.30 3.39 24.45 -4.73 0.52 2.28 -6.17
Parag Milk Foods 918.20 2,892.62 2,071.75 163.49 -416.73 5.65 -20.11 53.25 -532.50 0.40 -1.39 -1.10
Sukhjit Starch & Chemicals 827.11 1,446.57 1,158.97 150.14 160.82 10.38 13.88 63.37 72.84 0.25 -0.07 -0.13
VST Industries 804.99 1,670.18 1,178.16 459.09 458.31 27.49 38.90 326.98 320.23 0.42 0.00 0.02
TCPL Packaging 656.57 1,442.21 1,085.74 245.61 158.01 17.03 14.55 110.44 46.87 0.33 0.55 1.36
IFB Agro Industries 645.36 1,570.84 1,011.45 88.58 90.87 5.64 8.98 49.13 58.54 0.55 -0.03 -0.16
Vijay Solvex 573.98 2,430.13 2,715.54 27.04 79.60 1.11 2.93 15.03 57.40 -0.11 -0.66 -0.74
Aarti Surfactants 569.67 601.29 575.52 48.07 32.43 7.99 5.64 12.70 5.49 0.04 0.48 1.31

Healthcare
Operating Profit Operating Profit
Net Sales (` Cr.) PAT ` Cr.) Change FY23 vs FY22
Market Cap (` Cr.) Margin (%)
Company Name
(` Cr.) Net Operating
FY23 FY22 FY23 FY22 FY23 FY22 FY23 FY22 PAT
Sales Profit
Sun Pharmaceutical Industries 219,487.96 43,278.87 38,654.49 12,281.31 11,319.23 28.38 29.28 8,560.84 3,405.82 11.96 8.50 151.36
Divi’s Laboratories 116,900.20 7,767.51 8,959.83 2,712.48 3,997.01 34.92 44.61 1,823.38 2,960.45 -13.31 -32.14 -38.41
Cipla 82,172.58 22,473.18 21,763.34 5,502.42 4,833.69 24.48 22.21 2,835.49 2,559.47 3.26 13.83 10.78
Dr. Reddy’s Laboratories 71,641.86 23,459.50 21,545.20 7,404.50 4,252.10 31.56 19.74 4,470.30 2,182.50 8.89 74.14 104.82
Apollo Hospitals Enterprise 64,943.68 16,612.45 14,662.60 2,139.95 2,263.30 12.88 15.44 887.72 1,101.10 13.30 -5.45 -19.38
Gland Pharma 53,712.13 3,624.60 4,400.71 1,265.23 1,734.09 34.91 39.40 781.04 1,211.66 -17.64 -27.04 -35.54
Torrent Pharmaceuticals 47,324.58 9,464.00 8,508.04 2,887.00 2,627.83 30.51 30.89 1,245.00 777.18 11.24 9.86 60.19
Alkem Laboratories 43,242.43 11,599.26 10,634.19 1,825.53 2,215.57 15.74 20.83 1,006.81 1,680.32 9.08 -17.60 -40.08
Biocon 40,166.07 11,174.20 8,184.00 2,887.60 2,182.90 25.84 26.67 810.00 771.60 36.54 32.28 4.98
Aurobindo Pharma 39,193.78 24,617.13 23,455.49 4,009.23 4,707.12 16.29 20.07 1,939.32 2,647.11 4.95 -14.83 -26.74
Zydus Lifesciences 35,706.88 16,877.80 15,265.20 4,046.50 3,565.40 23.98 23.36 2,001.90 2,326.40 10.56 13.49 -13.95
Lupin 33,907.97 16,269.98 16,405.48 1,871.48 428.91 11.50 2.61 447.69 -1,509.36 -0.83 336.33 -129.66
Max Healthcare Institute 33,635.77 4,562.60 3,931.46 1,379.77 1,069.92 30.24 27.21 1,103.51 605.05 16.05 28.96 82.38
Laurus Labs 31,706.34 6,040.55 4,935.57 1,598.19 1,437.73 26.46 29.13 796.64 832.43 22.39 11.16 -4.30
Glaxosmithkline Pharmaceuticals 28,171.37 3,251.72 3,278.03 904.95 837.65 27.83 25.55 607.64 380.77 -0.80 8.03 59.58
Ipca Laboratories 26,921.38 6,244.32 5,796.74 1,052.39 1,379.34 16.85 23.80 491.93 910.95 7.72 -23.70 -46.00
Fortis Healthcare 21,923.98 6,297.63 5,717.61 1,163.06 1,096.29 18.47 19.17 611.14 789.95 10.14 6.09 -22.64
Dr. Lal Pathlabs 21,729.71 2,016.90 2,087.41 531.60 613.27 26.36 29.38 241.10 350.29 -3.38 -13.32 -31.17
Suven Pharmaceuticals 15,730.84 1,340.33 1,320.22 612.90 674.10 45.73 51.06 411.29 412.69 1.52 -9.08 -0.34
Ajanta Pharma 15,450.14 3,742.64 3,340.99 881.89 1,044.97 23.56 31.28 587.98 712.68 12.02 -15.61 -17.50
Narayana Hrudayalaya 15,256.57 4,524.77 3,701.32 1,031.27 697.88 22.79 18.85 606.76 350.65 22.25 47.77 73.04
Alembic Pharmaceuticals 14,571.23 5,652.62 5,305.78 711.10 924.62 12.58 17.43 372.90 515.65 6.54 -23.09 -27.68
Natco Pharma 13,820.73 2,707.10 1,944.80 1,040.20 362.50 38.42 18.64 715.30 170.00 39.20 186.95 320.76
Glenmark Pharmaceuticals 12,477.56 12,725.43 12,304.90 2,595.16 2,486.97 20.39 20.21 377.40 993.65 3.42 4.35 -62.02
JB Chemicals & Pharmaceuticals 12,173.46 3,149.28 2,424.24 705.69 582.68 22.41 24.04 410.00 386.04 29.91 21.11 6.21
Medplus Health Services 12,052.28 4,557.58 3,779.28 311.75 320.25 6.84 8.47 50.10 94.72 20.59 -2.65 -47.10
Krishna Institute of Medical Sciences Ltd 11,043.46 2,197.68 1,650.83 629.88 541.89 28.66 32.83 365.81 343.80 33.13 16.24 6.40
Metropolis Healthcare 10,422.20 1,148.21 1,228.34 303.52 365.70 26.43 29.77 143.39 214.69 -6.52 -17.00 -33.21
Aster DM Healthcare 9,787.78 11,932.88 10,253.28 1,643.52 1,583.74 13.77 15.45 474.27 600.51 16.38 3.77 -21.02
Eris Lifesciences 9,366.94 1,661.82 1,347.04 547.90 511.12 32.97 37.94 374.16 405.79 23.37 7.20 -7.79
Financial Review For FY23

Healthcare
Operating Profit Operating Profit
Net Sales (` Cr.) PAT ` Cr.) Change FY23 vs FY22
Market Cap (` Cr.) Margin (%)
Company Name
(` Cr.) Net Operating
FY23 FY22 FY23 FY22 FY23 FY22 FY23 FY22 PAT
Sales Profit
Poly Medicure 9,099.03 1,115.23 923.06 301.57 252.91 27.04 27.40 177.36 146.51 20.82 19.24 21.06
Granules India 7,596.42 4,511.92 3,764.92 927.60 739.84 20.56 19.65 516.60 412.76 19.84 25.38 25.16
Jubilant Pharmova 6,172.61 6,219.30 6,130.16 814.58 1,167.62 13.10 19.05 -77.13 413.02 1.45 -30.24 -118.67
Caplin Point Laboratories 5,153.64 1,466.73 1,269.41 497.04 433.42 33.89 34.14 376.91 308.45 15.54 14.68 22.19
Hikal 4,962.21 2,004.70 1,942.72 262.48 345.45 13.09 17.78 78.39 160.50 3.19 -24.02 -51.16
Vijaya Diagnostic Centre 4,463.56 459.22 462.37 196.18 216.52 42.72 46.83 85.21 110.67 -0.68 -9.40 -23.01
FDC 4,336.73 1,783.75 1,527.92 300.83 329.78 16.87 21.58 193.83 216.16 16.74 -8.78 -10.33
Thyrocare Technologies 4,093.14 526.67 588.86 128.47 264.14 24.39 44.86 63.18 176.14 -10.56 -51.36 -64.13
Aarti Drugs 3,972.54 2,716.05 2,488.65 307.79 343.91 11.33 13.82 166.36 205.00 9.14 -10.50 -18.85
Wockhardt 3,798.72 2,651.00 3,230.00 223.00 318.00 8.41 9.85 -621.00 -279.00 -17.93 -29.87 122.58
Healthcare Global Enterprises 3,751.93 1,691.41 1,394.78 311.86 250.64 18.44 17.97 17.64 38.93 21.27 24.43 -54.68
AMI Organics 3,642.43 616.73 520.14 126.93 107.94 20.58 20.75 83.29 71.95 18.57 17.59 15.77
Indoco Remedies 3,469.93 1,640.05 1,540.75 288.44 332.96 17.59 21.61 142.25 154.80 6.44 -13.37 -8.11
Shilpa Medicare 3,447.34 1,050.11 1,145.52 119.68 218.10 11.40 19.04 -27.11 60.58 -8.33 -45.13 -144.74
Sequent Scientific 3,323.19 1,420.91 1,412.82 18.34 120.25 1.29 8.51 -121.98 45.06 0.57 -84.74 -370.70
Advanced Enzyme Technologies 3,153.88 540.64 529.38 181.90 209.00 33.65 39.48 103.87 123.80 2.13 -12.96 -16.10
Strides Pharma Science 3,111.67 3,688.39 3,070.25 520.51 111.88 14.11 3.64 54.38 -474.25 20.13 365.23 -111.47
Dishman Carbogen Amcis 2,903.15 2,412.92 2,140.69 359.97 374.79 14.92 17.51 -29.80 18.01 12.72 -3.95 -265.46
Solara Active Pharma Sciences 2,394.54 1,443.81 1,268.34 156.44 99.99 10.84 7.88 -22.24 -58.29 13.83 56.46 -61.85
Hester Biosciences 2,309.91 266.09 235.01 65.76 73.72 24.71 31.37 23.63 39.06 13.23 -10.80 -39.52
IOL Chemicals And Pharmaceuticals 2,077.16 2,217.11 2,184.02 251.28 290.33 11.33 13.29 139.14 167.67 1.52 -13.45 -17.02
Marksans Pharma 1,864.41 1,852.14 1,490.84 398.63 300.73 21.52 20.17 265.32 186.81 24.23 32.55 42.02
Alembic 1,857.82 127.24 78.22 104.60 103.11 82.21 131.82 80.62 86.19 62.67 1.45 -6.47
Unichem Laboratories 1,833.02 1,343.02 1,269.83 -7.04 120.30 -0.52 9.47 -202.23 34.12 5.76 -105.85 -692.65
Morepen Laboratories 1,748.72 1,417.53 1,546.83 85.67 156.77 6.04 10.14 38.68 101.68 -8.36 -45.36 -61.96
Krsnaa Diagnostics 1,524.53 487.12 455.45 141.68 146.39 29.09 32.14 62.11 68.39 6.95 -3.22 -9.18
Pfizer 1,394.94 2,424.76 2,610.99 909.91 898.59 37.53 34.42 623.93 612.56 -7.13 1.26 1.86
Kovai Medical Center & Hospital 1,368.55 1,018.56 906.00 284.50 272.28 27.93 30.05 115.77 104.26 12.42 4.49 11.04
Kopran 1,357.37 550.99 477.52 54.86 98.00 9.96 20.52 27.23 61.03 15.38 -44.02 -55.38
Suven Life Sciences 1,348.42 13.54 11.84 -117.44 -116.93 -867.39 -987.24 -118.27 -122.00 14.31 0.43 -3.06
Neuland Laboratories 1,317.12 1,191.20 951.08 281.59 144.70 23.64 15.21 163.52 63.82 25.25 94.61 156.21
Shalby 1,261.56 804.92 698.95 159.26 133.99 19.79 19.17 67.68 53.97 15.16 18.86 25.40
NGL Fine-Chem 1,209.53 278.08 317.50 39.85 78.88 14.33 24.84 20.50 49.90 -12.42 -49.48 -58.92
Orchid Pharma 1,160.41 665.90 559.56 103.05 63.58 15.48 11.36 55.25 -56.90 19.00 62.07 -197.10
Panacea Biotec 908.03 459.95 661.23 -46.30 -2.90 -10.07 -0.44 -33.75 1,077.90 -30.44 1,498.76 -103.13
Themis Medicare 858.53 354.32 394.61 78.96 102.18 22.28 25.89 43.28 61.54 -10.21 -22.73 -29.67
Bliss GVS Pharma 797.80 751.59 747.45 135.11 149.83 17.98 20.05 76.73 23.13 0.55 -9.83 231.80
SMS Pharmaceuticals 794.04 522.05 519.87 59.39 119.82 11.38 23.05 3.88 67.88 0.42 -50.43 -94.28
Medicamen Biotech 786.38 140.87 115.45 26.34 25.81 18.69 22.35 14.73 14.90 22.02 2.05 -1.13
Lincoln Pharmaceuticals 623.02 510.31 472.12 111.68 105.48 21.88 22.34 72.90 69.36 8.09 5.88 5.11
Amrutanjan Health Care 609.90 379.64 405.84 58.93 94.95 15.52 23.40 39.83 67.19 -6.46 -37.94 -40.72
Artemis Medicare Services 607.61 737.43 554.80 101.29 71.35 13.74 12.86 38.01 31.40 32.92 41.95 21.05
Kwality Pharmaceuticals 601.82 251.03 456.19 63.08 175.30 25.13 38.43 19.28 119.94 -44.97 -64.02 -83.92
Fermenta Biotech 593.39 349.94 398.52 25.63 70.48 7.32 17.69 -53.55 15.06 -12.19 -63.63 -455.59
Nectar Lifesciences 539.35 1,523.67 1,668.83 96.19 169.86 6.31 10.18 -24.18 25.05 -8.70 -43.37 -196.55
Windlas Biotech 457.89 513.08 465.93 70.19 59.13 13.68 12.69 42.63 38.09 10.12 18.71 11.91
Kaya 457.77 376.73 323.97 -20.24 15.27 -5.37 4.71 -116.26 -67.96 16.29 -232.47 71.08
Elder Pharmaceuticals 446.78 631.33 1,008.91 -202.42 -53.53 -32.06 -5.31 -79.91 -6.53 -37.42 278.14 1,123.52
Financial Review For FY23

Hospitality
Operating Profit Operating Profit
Net Sales (` Cr.) PAT (` Cr.) Change FY23 vs FY22 (%)
Market Cap (` Cr.) Margin (%)
Company Name
(` Cr.) Net Operating
FY23 FY22 FY23 FY22 FY23 FY22 FY23 FY22 PAT
Sales Profit
EIH 9,649.38 2,018.81 985.26 675.00 57.42 33.44 5.83 319.49 -84.05 104.90 1,075.63 -480.13
Westlife Foodworld Ltd 7,458.67 0.63 1,576.49 394.39 216.96 62,600.95 13.76 111.58 -1.67 -99.96 81.78 -6,797.48
Easy Trip Planners 7,415.02 448.83 235.37 191.25 146.85 42.61 62.39 134.10 105.92 90.69 30.23 26.61
Chalet Hotels 6,167.12 1,128.47 507.81 502.30 120.41 44.51 23.71 185.84 -74.93 122.22 317.16 -348.01
Lemon Tree Hotels 5,021.66 874.99 402.24 456.32 139.65 52.15 34.72 139.67 -138.40 117.53 226.75 -200.92
Restaurant Brands Asia 4,961.98 2,054.28 1,490.27 147.42 118.97 7.18 7.98 -241.80 -235.15 37.85 23.91 2.83
Barbeque-Nation Hospitality 4,889.24 1,233.76 860.55 238.61 160.01 19.34 18.59 19.15 -25.19 43.37 49.12 -176.00
Mahindra Holidays & Resorts India 4,594.51 2,516.99 2,013.30 578.51 485.98 22.98 24.14 113.07 67.62 25.02 19.04 67.21
India Tourism Development
3,251.09 463.58 289.40 92.43 13.03 19.94 4.50 58.65 6.63 60.19 609.43 784.29
Corporation
Thomas Cook (India) 2,587.44 5,047.67 1,888.25 241.43 -129.69 4.78 -6.87 9.76 -253.90 167.32 -286.16 -103.84
Coffee Day Enterprises 1,151.31 923.85 581.58 -141.46 75.71 -15.31 13.02 -391.30 -128.09 58.85 -286.84 205.49
Oriental Hotels 1,131.42 394.51 219.40 123.08 30.46 31.20 13.88 55.49 -12.84 79.81 304.06 -532.26
Mac Charles (India) 1,053.91 11.19 21.98 99.71 102.15 891.06 464.78 58.98 92.51 -49.08 -2.38 -36.24
Taj GVK Hotels & Resorts 955.57 383.58 227.08 147.74 52.86 38.52 23.28 79.82 9.90 68.92 179.49 705.86
Speciality Restaurants 757.90 374.97 252.93 100.61 56.02 26.83 22.15 96.72 14.12 48.25 79.60 584.79
Sayaji Hotels 481.04 266.28 163.15 82.86 56.19 31.12 34.44 30.03 33.05 63.21 47.44 -9.15

Information Technology
Operating Profit Operating Profit
Net Sales (` Cr.) PAT (` Cr.) Change FY23 vs FY22 (%)
Market Cap (` Cr.) Margin (%)
Company Name
(` Cr.) Net Operating
FY23 FY22 FY23 FY22 FY23 FY22 FY23 FY22 PAT
Sales Profit
HCL Technologies 315,849.53 101,456.00 85,651.00 23,986.00 21,597.00 23.64 25.22 14,845.00 13,523.00 18.45 11.06 9.78
Wipro 200,476.64 90,487.60 79,312.00 19,119.30 18,745.40 21.13 23.64 11,366.50 12,243.40 14.09 1.99 -7.16
Tech Mahindra 131,578.57 53,290.20 44,646.00 8,756.80 9,132.30 16.43 20.45 4,886.00 5,627.30 19.36 -4.11 -13.17
LTIMindtree 107,747.50 33,183.00 15,668.70 6,664.60 3,525.10 20.08 22.50 4,410.30 2,298.50 111.78 89.06 91.88
Info Edge (India) 58,062.04 2,345.69 1,589.03 961.23 886.38 40.98 55.78 160.56 12,882.23 47.62 8.44 -98.75
L&T Technology Services 53,826.63 8,013.60 6,569.70 1,918.70 1,567.30 23.94 23.86 1,174.10 960.60 21.98 22.42 22.23
Persistent Systems 36,459.69 8,350.59 5,710.75 1,589.74 1,102.13 19.04 19.30 921.09 690.39 46.23 44.24 33.42
One97 Communications 34,280.18 7,990.30 4,972.30 -1,221.80 -2,047.60 -15.29 -41.18 -1,764.00 -2,350.50 60.70 -40.33 -24.95
PB Fintech 31,157.09 2,557.85 1,424.89 -402.61 -776.75 -15.74 -54.51 -487.78 -832.91 79.51 -48.17 -41.44
Oracle Financial Services Software 30,975.68 5,698.31 5,221.46 2,663.22 2,633.28 46.74 50.43 1,806.14 1,888.83 9.13 1.14 -4.38
Coforge 27,123.34 8,014.60 6,432.00 1,342.60 1,153.70 16.75 17.94 745.10 714.70 24.61 16.37 4.25
Tanla Platforms 20,730.45 3,354.56 3,205.97 614.14 718.05 18.31 22.40 447.65 539.28 4.63 -14.47 -16.99
Brightcom Group 19,654.56 7,396.77 5,019.59 2,166.08 1,504.65 29.28 29.98 1,370.99 912.20 47.36 43.96 50.30
Affle (India) 16,777.51 1,433.96 1,081.66 343.09 284.80 23.93 26.33 246.18 214.69 32.57 20.47 14.67
KPIT Technologies 16,226.67 3,365.04 2,432.39 673.08 483.36 20.00 19.87 384.47 276.05 38.34 39.25 39.28
Happiest Minds Technologies 15,057.70 1,429.29 1,093.65 379.97 294.77 26.58 26.95 230.99 181.20 30.69 28.90 27.48
Intellect Design Arena 12,747.65 2,231.25 1,878.19 486.50 515.55 21.80 27.45 267.05 350.44 18.80 -5.63 -23.80
Birlasoft 12,705.84 4,794.77 4,130.35 543.28 706.33 11.33 17.10 331.58 463.64 16.09 -23.08 -28.48
Computer Age Management Services 11,317.25 971.83 909.67 448.04 441.40 46.10 48.52 284.63 286.95 6.83 1.50 -0.81
Mastek 9,963.19 2,563.39 2,183.84 494.14 498.59 19.28 22.83 310.27 333.42 17.38 -0.89 -6.94
Quess Corp 9,740.03 17,158.39 13,691.78 612.00 645.80 3.57 4.72 222.83 250.98 25.32 -5.23 -11.22
Route Mobile 9,689.84 3,569.23 2,002.03 483.55 240.21 13.55 12.00 333.11 170.08 78.28 101.30 95.85
Firstsource Solutions 8,712.39 5,985.93 5,921.15 957.36 960.41 15.99 16.22 513.71 536.53 1.09 -0.32 -4.25
NIIT 8,326.71 341.25 1,379.43 34.53 351.06 10.12 25.45 11.12 233.77 -75.26 -90.17 -95.24
Zensar Technologies 8,305.50 4,848.20 4,243.80 655.00 794.20 13.51 18.71 327.60 421.70 14.24 -17.53 -22.31
CE Info Systems 8,035.17 281.46 200.44 152.23 127.75 54.09 63.73 107.81 87.07 40.42 19.16 23.82
eClerx Services 7,853.00 2,647.90 2,160.35 788.17 686.44 29.77 31.77 489.18 417.76 22.57 14.82 17.10
Sonata Software 7,688.60 7,449.12 5,553.37 674.95 565.73 9.06 10.19 451.90 376.43 34.14 19.31 20.05
Nazara Technologies 5,323.01 1,091.00 621.70 150.60 110.60 13.80 17.79 63.40 50.70 75.49 36.17 25.05
Infibeam Avenues 5,178.66 1,962.34 1,293.93 250.32 155.34 12.76 12.01 140.83 83.65 51.66 61.14 68.36
Hinduja Global Solutions 4,279.19 4,505.16 3,263.69 762.15 263.14 16.92 8.06 304.56 3.06 38.04 189.63 9,842.64
Financial Review For FY23

Information Technology
Operating Profit Operating Profit
Net Sales (` Cr.) PAT (` Cr.) Change FY23 vs FY22 (%)
Market Cap (` Cr.) Margin (%)
Company Name
(` Cr.) Net Operating
FY23 FY22 FY23 FY22 FY23 FY22 FY23 FY22 PAT
Sales Profit
CMS Info Systems 4,056.26 1,914.73 1,589.67 552.45 407.68 28.85 25.65 297.24 224.04 20.45 35.51 32.67
Vakrangee 3,681.76 197.30 778.69 19.71 158.69 9.99 20.38 1.01 109.52 -74.66 -87.58 -99.08
Tata Elxsi 3,606.27 3,144.72 2,470.80 1,035.09 811.30 32.92 32.84 755.19 549.67 27.28 27.58 37.39
RateGain Travel Technologies 3,585.76 565.13 366.59 104.58 48.61 18.51 13.26 68.40 8.42 54.16 115.14 712.46
Subex 1,804.02 278.69 333.44 -22.49 46.28 -8.07 13.88 -51.21 20.99 -16.42 -148.60 -343.97
Genesys International Corporation 1,788.62 181.13 119.63 64.87 30.97 35.82 25.89 14.93 -39.69 51.41 109.45 -137.63
Datamatics Global Services 1,766.73 1,459.19 1,201.05 281.27 220.84 19.28 18.39 185.34 155.43 21.49 27.36 19.24
Infobeans Technologies 1,755.71 385.32 271.41 84.56 85.05 21.95 31.34 35.96 55.04 41.97 -0.58 -34.67
Expleo Solutions 1,727.26 903.30 404.51 216.25 80.84 23.94 19.98 133.89 53.90 123.31 167.51 148.38
Zen Technologies 1,627.97 218.85 69.75 79.86 9.95 36.49 14.26 49.97 2.61 213.75 702.86 1,814.85
RPSG Ventures 1,559.37 7,166.23 6,670.08 944.90 900.47 13.19 13.50 -91.40 229.93 7.44 4.93 -139.75
Matrimony.Com 1,526.66 455.77 434.50 91.82 104.92 20.15 24.15 46.68 54.38 4.90 -12.48 -14.16
Aptech 1,405.74 456.92 226.10 88.90 52.09 19.46 23.04 67.69 49.44 102.09 70.65 36.92
Sasken Technologies 1,377.08 446.98 433.91 130.53 164.41 29.20 37.89 99.47 128.25 3.01 -20.61 -22.44
63 Moons Technologies 1,236.06 289.68 160.26 84.94 -47.03 29.32 -29.35 -21.81 -74.38 80.75 280.59 70.67
Onmobile Global 1,212.31 525.17 519.54 23.19 53.42 4.42 10.28 6.77 32.46 1.08 -56.59 -79.13
Nucleus Software Exports 1,110.42 634.46 497.19 190.83 71.69 30.08 14.42 127.79 40.91 27.61 166.19 212.37
Quick Heal Technologies 1,029.97 278.09 341.90 24.01 126.06 8.63 36.87 6.40 83.19 -18.66 -80.95 -92.31
Moschip Technologies 971.87 198.36 147.64 31.28 27.71 15.77 18.77 6.18 6.45 34.35 12.92 -4.28
Xchanging Solutions 902.34 174.42 174.27 60.31 61.94 34.58 35.54 44.90 52.57 0.09 -2.63 -14.59
Saksoft 895.88 665.60 480.43 117.58 90.10 17.67 18.75 81.98 63.26 38.54 30.51 29.58
3I Infotech 862.37 729.11 677.01 41.48 -9.60 5.69 -1.42 1.37 -57.49 7.70 532.08 102.38
Ramco Systems 815.80 492.22 531.10 -129.91 8.50 -26.39 1.60 -206.88 -73.03 -7.32 -1,628.85 -183.26
Kellton Tech Solutions 811.53 917.33 842.67 95.70 105.93 10.43 12.57 -126.81 70.45 8.86 -9.66 -280.01
Allsec Technologies 799.57 390.45 317.20 96.46 86.72 24.70 27.34 48.86 35.64 23.09 11.23 37.09
Onward Technologies 793.30 440.93 307.27 32.68 42.94 7.41 13.97 11.48 23.68 43.50 -23.90 -51.53
Aurionpro Solutions 743.17 659.33 505.01 149.38 116.90 22.66 23.15 101.89 75.57 30.56 27.78 34.82
XT Global Infotech 686.11 241.97 216.74 26.90 27.44 11.12 12.66 10.12 20.22 11.64 -1.96 -49.93
FCS Software Solutions 673.56 34.91 34.62 7.80 7.62 22.35 22.02 1.46 -0.05 0.86 2.34 -3,065.38
Digispice Technologies 629.97 1,015.33 990.61 12.56 35.33 1.24 3.57 -21.57 6.40 2.50 -64.45 -436.87
Allied Digital Services 619.51 660.07 484.68 93.96 72.61 14.23 14.98 53.73 61.02 36.19 29.40 -11.95
ASM Technologies 570.00 220.41 191.67 27.34 27.96 12.40 14.59 7.43 13.94 14.99 -2.22 -46.73
D-Link (India) 495.29 1,180.59 918.32 122.13 62.61 10.35 6.82 86.36 42.29 28.56 95.05 104.22
Axiscades Technologies 482.08 813.61 610.31 151.52 80.91 18.62 13.26 -4.75 23.14 33.31 87.26 -120.54
CyberTech Systems And Software 480.51 176.17 138.85 39.76 38.00 22.57 27.37 21.69 22.71 26.88 4.64 -4.50
Virinchi 463.23 311.94 364.01 109.86 103.52 35.22 28.44 12.72 14.12 -14.30 6.12 -9.94
MPS Infotecnics 426.51 0.53 0.49 -1.37 -0.71 -258.79 -145.25 -4.51 -4.12 8.03 92.47 9.41
Take Solutions 423.31 189.07 655.19 -10.59 23.84 -5.60 3.64 -46.95 -88.92 -71.14 -144.42 -47.20
KSolves India 420.35 78.31 47.07 33.48 21.22 42.75 45.09 24.72 15.73 66.38 57.77 57.17
Financial Review For FY23

Infrastructure
Operating Profit Operating Profit
Net Sales (` Cr.) PAT (` Cr.) Change FY23 vs FY22 (%)
Market Cap (` Cr.) Margin (%)
Company Name
(` Cr.) Net Operating
FY23 FY22 FY23 FY22 FY23 FY22 FY23 FY22 PAT
Sales Profit
Larsen & Toubro 248,335.56 183,340.70 156,521.23 29,708.89 26,910.83 16.20 17.19 12,624.87 10,291.05 17.13 10.40 22.68
GMR Airports Infrastructure 22,272.47 6,693.40 4,600.72 2,319.38 2,461.01 34.65 53.49 -925.90 -752.31 45.49 -5.75 23.07
IRB Infrastructure Developers 15,191.10 6,401.64 5,803.70 3,530.71 3,352.66 55.15 57.77 827.02 361.40 10.30 5.31 128.84
GR Infraprojects 14,850.01 9,481.52 8,458.35 2,641.00 1,804.98 27.85 21.34 1,454.43 831.91 12.10 46.32 74.83
KEC International 9,747.95 17,281.71 13,742.26 861.05 1,013.45 4.98 7.37 176.03 332.08 25.76 -15.04 -46.99
KNR Constructions 7,992.70 4,062.36 3,605.82 953.99 846.56 23.48 23.48 440.22 366.39 12.66 12.69 20.15
Rail Vikas Nigam 6,818.02 20,281.57 19,381.71 2,243.24 1,983.27 11.06 10.23 1,261.95 1,182.69 4.64 13.11 6.70
PNC Infratech 6,652.06 7,956.08 7,021.69 1,680.68 1,623.46 21.12 23.12 658.45 580.43 13.31 3.52 13.44
Sterling and Wilson Renewable 6,021.08 2,015.01 5,198.94 -1,019.13 -722.63 -50.58 -13.90 -1,174.96 -915.76 -61.24 41.03 28.30
Kalpataru Projects International 5,459.42 16,361.00 14,777.38 1,410.00 1,404.14 8.62 9.50 435.00 554.95 10.72 0.42 -21.61
Man InfraConstruction 3,868.43 1,890.35 961.48 461.85 448.67 24.43 46.66 284.12 297.21 96.61 2.94 -4.40
ISGEC Heavy Engineering 3,778.66 6,399.04 5,499.34 467.28 347.27 7.30 6.31 205.50 114.96 16.36 34.56 78.76
Ircon International 3,738.49 10,367.93 7,379.67 1,085.10 973.03 10.47 13.19 733.79 592.27 40.49 11.52 23.89
H.G. Infra Engineering 3,627.42 4,622.01 3,751.43 913.60 717.42 19.77 19.12 492.06 380.04 23.21 27.34 29.48
NCC 3,570.67 15,553.41 11,137.96 1,606.58 1,094.52 10.33 9.83 635.74 492.63 39.64 46.78 29.05
Techno Electric & Engineering Co. 2,721.40 829.50 1,070.34 157.30 374.50 18.96 34.99 92.60 263.89 -22.50 -58.00 -64.91
Ashoka Buildcon 2,407.20 8,100.48 5,945.80 2,103.43 1,937.30 25.97 32.58 371.24 771.41 36.24 8.58 -51.88
Hindustan Construction Company 2,375.57 9,856.59 10,669.73 632.45 1,344.75 6.42 12.60 -36.18 419.65 -7.62 -52.97 -108.62
J Kumar Infraprojects 1,967.68 4,203.14 3,527.20 627.51 529.46 14.93 15.01 274.39 205.88 19.16 18.52 33.28
Jyoti Structures 1,402.31 229.23 4.39 1.73 -35.19 0.75 -801.76 -4.06 -42.47 5,123.19 -104.92 -90.44
Power Mech Projects 1,232.62 3,601.19 2,710.49 420.57 303.31 11.68 11.19 215.46 138.49 32.86 38.66 55.58
Ramky Infrastructure 1,225.15 1,705.13 1,458.66 499.48 527.29 29.29 36.15 1,152.64 40.03 16.90 -5.27 2,779.79
Vindhya Telelinks 1,215.31 2,900.11 1,323.95 294.36 191.06 10.15 14.43 142.27 193.28 119.05 54.06 -26.39
Patel Engineering 1,183.70 4,201.97 3,397.45 745.23 643.92 17.74 18.95 178.80 68.63 23.68 15.73 160.55
ITD Cementation India 1,082.26 5,090.91 3,809.02 428.51 304.92 8.42 8.01 90.46 69.34 33.65 40.53 30.46
GE Power India 1,025.26 1,795.81 2,620.44 -240.31 -7.15 -13.38 -0.27 -443.57 -291.82 -31.47 3,260.98 52.00
SEPC 734.48 378.85 329.46 -46.29 -26.14 -12.22 -7.93 -4.91 -263.70 14.99 77.08 -98.14
BMW Industries 595.35 562.34 447.38 138.82 118.45 24.69 26.48 54.48 34.78 25.70 17.20 56.65
BGR Energy Systems 594.60 806.27 1,220.70 -228.27 141.70 -28.31 11.61 -487.80 -185.97 -33.95 -261.09 162.30
Punj Lloyd 572.20 3,181.37 5,080.37 -2,421.71 17.97 -76.12 0.35 -3,532.19 -61.90 -37.38 -13,576.41 5,606.28
Vascon Engineers 511.78 999.93 656.86 108.54 75.95 10.85 11.56 79.95 35.92 52.23 42.91 122.59
Sadbhav Engineering 452.95 1,776.94 1,907.70 447.52 572.71 25.19 30.02 -699.39 -728.39 -6.85 -21.86 -3.98
Gayatri Projects 434.30 1,369.05 3,102.34 -837.78 -359.92 -61.19 -11.60 -1,438.00 -958.21 -55.87 132.77 50.07

Logistics
Operating Profit Operating Profit
Net Sales (` Cr.) PAT (` Cr.) Change FY23 vs FY22 (%)
Market Cap (` Cr.) Margin (%)
Company Name
(` Cr.) Net Operating
FY23 FY22 FY23 FY22 FY23 FY22 FY23 FY22 PAT
Sales Profit
Adani Ports and Special Economic
163,517.01 20,851.91 15,934.03 12,500.61 11,049.40 59.95 69.34 5,344.97 4,795.24 30.86 13.13 11.46
Zone
Container Corp. Of India 40,969.33 8,169.12 7,652.73 2,178.95 1,994.83 26.67 26.07 1,152.33 1,052.27 6.75 9.23 9.51
Blue Dart Express 16,238.68 5,172.22 4,410.49 969.53 1,030.58 18.74 23.37 370.53 382.21 17.27 -5.92 -3.06
Allcargo Logistics 8,791.15 18,050.77 20,072.07 1,194.12 1,567.45 6.62 7.81 635.77 964.60 -10.07 -23.82 -34.09
Aegis Logistics 7,213.05 8,627.21 4,630.98 858.78 573.09 9.95 12.38 510.70 384.94 86.29 49.85 32.67
Shipping Corp. Of India 5,363.69 5,794.01 4,994.93 1,669.65 1,633.59 28.82 32.70 799.44 865.22 16.00 2.21 -7.60
The Great Eastern Shipping 4,924.85 5,690.46 3,508.94 3,608.33 1,687.70 63.41 48.10 2,575.01 629.68 62.17 113.80 308.94
Transport Corp. Of India 4,636.91 3,782.58 3,256.68 454.28 428.65 12.01 13.16 276.23 265.15 16.15 5.98 4.18
Gujarat Pipavav Port 3,700.73 916.95 743.54 553.14 441.15 60.32 59.33 291.78 197.33 23.32 25.39 47.86
Mahindra Logistics 3,640.57 5,128.29 4,083.03 275.61 209.85 5.37 5.14 27.42 34.57 25.60 31.34 -20.68
Seamec 3,398.31 437.24 349.62 146.39 175.80 33.48 50.28 33.56 83.71 25.06 -16.73 -59.91
Gateway Distriparks 3,307.64 1,420.94 1,373.66 390.54 402.44 27.48 29.30 236.93 223.03 3.44 -2.96 6.23
Navkar Corporation 2,516.32 441.52 856.42 94.91 198.39 21.50 23.17 72.99 67.23 -48.45 -52.16 8.57
GATI 2,014.54 1,723.17 1,489.94 92.91 49.76 5.39 3.34 -10.91 -4.43 15.65 86.72 146.28
Shreyas Shipping & Logistics 820.21 483.78 535.78 265.30 236.75 54.84 44.19 196.90 204.83 -9.71 12.06 -3.87
Lancer Container Lines 489.04 837.17 641.50 97.98 52.06 11.70 8.11 53.74 28.95 30.50 88.22 85.60
Financial Review For FY23

Media & Entertainment


Operating Profit Operating Profit
Net Sales (` Cr.) PAT (` Cr.) Change FY23 vs FY22 (%)
Market Cap (` Cr.) Margin (%)
Company Name
(` Cr.) Net Operating
FY23 FY22 FY23 FY22 FY23 FY22 FY23 FY22 PAT
Sales Profit
Zee Entertainment Enterprises 27,700.83 8,087.90 8,189.30 1,186.64 1,839.70 14.67 22.46 251.48 955.80 -1.24 -35.50 -73.69
Sun TV Network 19,315.83 3,772.05 3,584.82 2,770.05 2,543.45 73.44 70.95 1,703.38 1,641.91 5.22 8.91 3.74
TV18 Broadcast 12,703.33 5,912.09 5,526.18 320.17 1,113.72 5.42 20.15 82.41 926.24 6.98 -71.25 -91.10
PVR Inox 11,718.10 3,750.65 1,331.00 1,126.77 431.86 30.04 32.45 -336.40 -488.51 181.79 160.91 -31.14
Saregama India 9,309.69 751.33 580.63 280.72 222.03 37.36 38.24 188.99 152.65 29.40 26.43 23.81
Network 18 Media & Invest. 8,810.91 6,222.99 5,880.19 235.28 1,129.37 3.78 19.21 -101.10 837.65 5.83 -79.17 -112.07
Dish TV India 3,080.49 2,261.85 2,802.49 946.57 1,668.17 41.85 59.52 -1,683.54 -1,867.23 -19.29 -43.26 -9.84
Prime Focus 2,728.45 4,628.11 3,385.91 1,253.56 888.42 27.09 26.24 194.49 -173.89 36.69 41.10 -211.85
TV Today Network 2,211.60 878.23 930.10 174.83 288.30 19.91 31.00 88.24 181.51 -5.58 -39.36 -51.39
Navneet Education 2,023.36 1,696.83 1,114.30 312.75 182.50 18.43 16.38 212.92 140.89 52.28 71.37 51.12
GTPL Hathway 1,956.86 2,663.92 2,414.12 516.34 570.08 19.38 23.61 124.04 219.16 10.35 -9.43 -43.40
Den Networks 1,759.27 1,130.47 1,225.60 264.26 324.49 23.38 26.48 236.63 173.17 -7.76 -18.56 36.65
Jagran Prakashan 1,711.12 1,856.18 1,615.95 359.83 426.36 19.39 26.38 196.77 216.55 14.87 -15.60 -9.14
D.B. Corp 1,505.87 2,129.22 1,768.54 361.15 322.80 16.96 18.25 169.09 142.56 20.39 11.88 18.61
New Delhi Television 1,457.40 385.86 396.40 70.97 122.90 18.39 31.00 52.45 84.76 -2.66 -42.25 -38.12
NDL Ventures 1,361.52 - 1,079.80 0.27 260.61 -- 24.14 0.27 1.97 -- -99.90 -86.31
Media Matrix Worldwide 1,308.32 - 581.54 13.04 9.72 -- 1.67 2.36 2.41 -- 34.12 -2.14
Zee Media Corporation 1,035.71 720.62 866.86 84.72 259.32 11.76 29.91 -63.64 -117.72 -16.87 -67.33 -45.94
MPS 1,009.50 501.05 448.88 167.53 140.10 33.44 31.21 109.19 87.12 11.62 19.58 25.33
Entertainment Network (I) 963.18 438.15 323.30 93.13 64.19 21.26 19.85 -6.70 -36.21 35.52 45.09 -81.49
HT Media 770.06 1,711.10 1,500.38 12.99 203.98 0.76 13.60 -254.18 21.47 14.04 -93.63 -1,283.88
Balaji Telefilms 717.02 592.97 336.85 -5.66 -114.37 -0.95 -33.95 -37.99 -133.17 76.03 -95.05 -71.47
Repro India 503.19 421.95 287.43 44.14 14.19 10.46 4.94 8.73 -23.19 46.80 211.06 -137.65
The Sandesh 493.56 340.76 308.84 137.61 122.48 40.38 39.66 101.41 89.83 10.34 12.35 12.90
Hindustan Media Ventures 451.23 713.40 669.20 -8.46 86.54 -1.19 12.93 -40.52 43.07 6.60 -109.78 -194.08

Metal & Mining


Operating Profit Operating Profit
Net Sales (` Cr.) PAT (` Cr.) Change FY23 vs FY22 (%)
Market Cap (` Cr.) Margin (%)
Company Name
(` Cr.) Net Operating
FY23 FY22 FY23 FY22 FY23 FY22 FY23 FY22 PAT
Sales Profit
JSW Steel Ltd. 175,824.00 163,646.00 146,371.00 19,577.00 40,538.00 11.96 27.70 4,276.00 20,938.00 11.80 -51.71 -79.58
Tata Steel Ltd. 159,592.11 241,636.25 243,959.17 33,337.64 64,274.84 13.80 26.35 7,657.23 41,749.32 -0.95 -48.13 -81.66
Jindal Steel & Power Ltd. 53,895.58 52,711.18 51,085.56 9,991.94 15,682.55 18.96 30.70 3,193.36 8,284.64 3.18 -36.29 -61.45
Steel Authority Of India Ltd. 40,706.37 104,447.72 103,476.84 8,989.79 22,200.07 8.61 21.45 1,530.86 12,243.47 0.94 -59.51 -87.50
APL Apollo Tubes Ltd. 22,879.92 15,674.35 13,063.32 1,068.73 985.76 6.82 7.55 641.86 618.98 19.99 8.42 3.70
Ratnamani Metals & Tubes Ltd. 12,135.26 4,474.40 3,138.78 808.07 532.51 18.06 16.97 512.28 322.64 42.55 51.75 58.77
Jindal Stainless Ltd. 10,649.26 35,697.03 21,223.40 3,712.38 3,042.95 10.40 14.34 1,973.87 1,909.12 68.20 22.00 3.39
Shyam Metalics And Energy Ltd. 9,233.90 12,610.18 10,393.96 1,597.90 2,659.75 12.67 25.59 848.27 1,724.18 21.32 -39.92 -50.80
Godawari Power And Ispat Ltd. 5,087.42 5,753.04 5,399.18 1,236.78 1,893.53 21.50 35.07 788.89 1,416.75 6.55 -34.68 -44.32
Lloyds Metals & Energy Ltd. 4,891.07 3,392.31 697.50 884.76 175.29 26.08 25.13 -288.54 97.30 386.35 404.75 -396.54
Welspun Corp Ltd. 4,369.61 9,758.10 6,505.11 804.55 1,022.91 8.24 15.72 123.96 449.88 50.01 -21.35 -72.45
Usha Martin Ltd. 4,098.22 3,267.76 2,688.07 541.39 418.91 16.57 15.58 338.86 283.03 21.57 29.24 19.73
Sarda Energy & Minerals Ltd. 4,077.26 4,189.40 3,914.02 1,109.60 1,405.66 26.49 35.91 605.04 808.23 7.04 -21.06 -25.14
Maharashtra Seamless Ltd. 3,695.03 5,716.37 4,200.28 1,129.14 723.05 19.75 17.21 797.05 404.03 36.09 56.16 97.27
Tata Steel Long Products Ltd. 3,261.18 8,991.78 6,801.63 -433.12 1,315.06 -4.82 19.33 -2,303.85 629.87 32.20 -132.94 -465.77
Mishra Dhatu Nigam Ltd. 3,098.60 849.88 859.49 295.29 294.68 34.74 34.29 155.88 176.62 -1.12 0.20 -11.74
Prakash Industries Ltd. 2,654.41 3,443.75 3,928.72 424.57 399.34 12.33 10.16 190.48 168.72 -12.34 6.32 12.90
Technocraft Industries (India) Ltd. 2,425.01 1,984.53 1,911.11 453.72 439.52 22.86 23.00 274.54 274.57 3.84 3.23 -0.01
Mukand Ltd. 1,993.88 5,567.60 4,636.66 408.13 369.44 7.33 7.97 178.29 179.53 20.08 10.47 -0.69
JSW Ispat Special Products Ltd. 1,516.65 5,133.06 6,060.65 132.79 495.30 2.59 8.17 -397.76 1.49 -15.31 -73.19 -26,795.30
ISMT Ltd. 1,497.99 2,552.19 2,160.60 235.28 82.26 9.22 3.81 87.74 2,374.08 18.12 186.02 -96.30
JTL Industries Ltd 1,366.04 1,549.92 975.72 134.30 76.08 8.67 7.80 90.13 50.02 58.85 76.54 80.17
Kalyani Steels Ltd. 1,292.81 1,899.35 1,706.03 302.06 390.01 15.90 22.86 167.03 247.72 11.33 -22.55 -32.57
Sunflag Iron And Steel Company Ltd. 1,136.29 3,488.42 2,698.26 452.89 402.90 12.98 14.93 1,114.39 217.02 29.28 12.41 413.50
Beekay Steel Industries Ltd. 789.11 1,128.42 1,296.43 179.77 240.46 15.93 18.55 104.36 155.78 -12.96 -25.24 -33.01
Financial Review For FY23

Metal & Mining


Operating Profit Operating Profit
Net Sales (` Cr.) PAT (` Cr.) Change FY23 vs FY22 (%)
Market Cap (` Cr.) Margin (%)
Company Name
(` Cr.) Net Operating
FY23 FY22 FY23 FY22 FY23 FY22 FY23 FY22 PAT
Sales Profit
Goodluck India Ltd. 717.39 3,047.98 2,613.21 219.17 186.89 7.19 7.15 87.80 75.01 16.64 17.27 17.05
Kamdhenu Ltd. 623.96 732.08 840.76 61.55 60.60 8.41 7.21 41.02 26.31 -12.93 1.57 55.90
Hi-Tech Pipes Ltd. 616.75 2,385.85 1,878.85 105.47 101.46 4.42 5.40 37.68 40.33 26.98 3.96 -6.56
Rama Steel Tubes Ltd. 529.77 1,336.75 768.17 58.24 51.76 4.36 6.74 25.77 27.32 74.02 12.52 -5.65
Pennar Industries Ltd. 491.16 2,894.62 2,265.75 254.62 188.42 8.80 8.32 75.43 41.91 27.76 35.13 79.98
Jayaswal Neco Industries Ltd. 437.46 6,342.86 5,958.55 804.02 1,306.22 12.68 21.92 226.87 2,247.29 6.45 -38.45 -89.90
Coal India Ltd. 112,777.96 127,627.47 109,936.14 43,368.53 28,595.03 33.98 26.01 28,133.08 17,378.42 16.09 51.66 61.89
NMDC Ltd. 47,623.88 17,666.88 25,881.73 6,820.75 13,301.04 38.61 51.39 5,538.40 9,391.99 -31.74 -48.72 -41.03
Gujarat Mineral Development
6,037.23 3,501.45 2,711.29 1,741.44 835.35 49.73 30.81 1,213.29 403.49 29.14 108.47 200.70
Corporation Ltd.
MOIL Ltd. 2,412.44 1,341.65 1,436.30 445.97 620.72 33.24 43.22 250.59 376.98 -6.59 -28.15 -33.53
Ashapura Minechem Ltd. 1,163.24 1,830.85 1,277.84 258.69 197.40 14.13 15.45 92.08 86.53 43.28 31.05 6.41
Sandur Manganese & Iron Ores Ltd. 832.65 2,125.81 2,248.74 451.62 1,009.36 21.24 44.89 271.06 675.12 -5.47 -55.26 -59.85
Raghav Productivity Enhancers Ltd. 593.52 137.39 100.01 36.34 26.31 26.45 26.31 25.22 17.83 37.37 38.11 41.40
Vedanta Ltd. 150,083.40 145,404.00 132,732.00 37,273.00 47,424.00 25.63 35.73 14,506.00 23,709.00 9.55 -21.40 -38.82
Hindustan Zinc Ltd. 130,848.25 33,272.00 29,440.00 18,885.00 17,441.00 56.76 59.24 10,511.00 9,629.00 13.02 8.28 9.16
Hindalco Industries Ltd. 126,451.20 223,202.00 195,059.00 23,923.00 29,483.00 10.72 15.11 10,088.00 14,195.00 14.43 -18.86 -28.93
National Aluminium Company Ltd. 22,361.09 14,254.86 14,180.81 2,683.71 4,814.58 18.83 33.95 1,544.49 2,951.41 0.52 -44.26 -47.67
Hindustan Copper Ltd. 10,990.23 1,677.33 1,821.93 586.53 562.46 34.97 30.87 295.32 374.08 -7.94 4.28 -21.06
Gravita India Ltd. 2,205.80 2,800.60 2,215.87 290.69 223.19 10.38 10.07 204.09 148.45 26.39 30.24 37.48
Shivalik Bimetal Controls Ltd. 1,971.80 470.37 323.99 118.87 78.93 25.27 24.36 78.08 51.60 45.18 50.61 51.31
Ram Ratna Wires Ltd. 434.94 2,649.60 2,288.57 115.65 116.63 4.36 5.10 46.73 54.18 15.78 -0.84 -13.74

Plastic Products
Operating Profit Operating Profit
Net Sales (` Cr.) PAT (` Cr.) Change FY23 vs FY22 (%)
Market Cap (` Cr.) Margin (%)
Company Name
(` Cr.) Net Operating
FY23 FY22 FY23 FY22 FY23 FY22 FY23 FY22 PAT
Sales Profit
Astral 40,666.32 5,158.50 4,394.00 836.60 790.20 16.22 17.98 461.00 492.30 17.40 5.87 -6.36
Finolex Industries 9,605.34 4,397.05 4,647.32 413.46 1,105.97 9.40 23.80 226.44 1,052.80 -5.39 -62.62 -78.49
Polyplex Corporation 7,615.66 7,652.28 6,624.40 1,042.37 1,435.89 13.62 21.68 615.54 964.83 15.52 -27.41 -36.20
EPL 6,116.18 3,694.10 3,432.80 619.90 588.10 16.78 17.13 233.60 228.90 7.61 5.41 2.05
Jindal Poly Films 4,863.36 4,627.29 5,877.58 1,007.72 1,715.62 21.78 29.19 321.69 1,196.23 -21.27 -41.26 -73.11
Responsive Industries 4,793.07 973.66 1,103.42 126.03 133.49 12.94 12.10 24.44 0.16 -11.76 -5.59 15,173.75
Tarsons Products 3,746.70 283.25 300.79 141.70 161.17 50.03 53.58 80.71 100.66 -5.83 -12.08 -19.82
Cosmo First 3,147.59 3,065.29 3,038.39 434.30 619.73 14.17 20.40 243.99 396.61 0.89 -29.92 -38.48
Nilkamal 3,030.91 3,130.88 2,730.09 319.24 235.65 10.20 8.63 126.26 77.73 14.68 35.47 62.45
Jain Irrigation Systems 2,496.55 5,747.58 7,119.47 657.99 743.68 11.45 10.45 -93.34 328.63 -19.27 -11.52 -128.40
Mold-Tek Packaging 2,277.58 729.93 631.47 136.83 122.33 18.75 19.37 80.43 63.65 15.59 11.85 26.36
Shaily Engineering Plastics 1,995.37 607.07 567.71 96.40 91.30 15.88 16.08 35.15 35.27 6.93 5.58 -0.33
Jai Corp 1,949.56 594.33 720.09 77.19 73.75 12.99 10.24 -5.02 51.66 -17.46 4.66 -109.72
Xpro India 1,719.63 510.97 471.72 78.28 65.66 15.32 13.92 45.36 44.93 8.32 19.22 0.96
Garware Hi-Tech Films 1,619.76 1,438.01 1,302.63 269.35 277.50 18.73 21.30 166.14 167.18 10.39 -2.94 -0.62
Time Technoplast 1,446.21 4,289.44 3,649.84 580.87 508.76 13.54 13.94 223.77 192.20 17.52 14.17 16.42
Nahar Poly Films 1,379.02 723.19 488.94 86.54 123.74 11.97 25.31 30.95 85.70 47.91 -30.06 -63.88
Ester Industries 1,178.77 1,114.14 1,405.66 104.19 249.75 9.35 17.77 11.68 136.71 -20.74 -58.28 -91.46
HCP Plastene Bulkpack 593.56 351.52 112.20 17.77 6.28 5.06 5.59 0.76 -2.45 213.30 183.13 -131.15
Kriti Industries (India) 529.27 732.47 544.74 -4.22 40.26 -0.58 7.39 -22.79 14.28 34.46 -110.47 -259.59
Kkalpana lndustries (India) 520.22 272.21 40.16 10.23 5.89 3.76 14.68 1.68 5.02 577.78 73.56 -66.42
Wim Plast 476.59 330.62 318.75 69.98 63.26 21.17 19.85 41.82 34.73 3.72 10.62 20.43
Financial Review For FY23

Power
Operating Profit Operating Profit
Net Sales (` Cr.) PAT (` Cr.) Change FY23 vs FY22 (%)
Market Cap (` Cr.) Margin (%)
Company Name
(` Cr.) Net Operating
FY23 FY22 FY23 FY22 FY23 FY22 FY23 FY22 PAT
Sales Profit
Adani Green Energy 299,255.76 7,592.00 5,133.00 5,772.00 3,954.00 76.03 77.03 914.00 489.00 47.91 45.98 86.91
Adani Transmission 260,907.93 13,292.72 11,257.52 6,100.93 5,492.59 45.90 48.79 1,276.39 1,235.75 18.08 11.08 3.29
Power Grid Corporation Of India 151,262.63 45,581.28 41,616.34 40,502.49 37,648.46 88.86 90.47 15,250.67 16,824.07 9.53 7.58 -9.35
NTPC 130,856.56 176,206.93 131,387.21 49,499.15 44,209.51 28.09 33.65 16,754.70 16,960.29 34.11 11.96 -1.21
Adani Power 71,372.67 38,773.30 27,711.18 14,311.88 13,789.45 36.91 49.76 10,726.64 4,911.58 39.92 3.79 118.39
JSW Energy 49,009.74 10,331.81 8,167.15 3,817.08 4,137.69 36.94 50.66 1,460.83 1,734.94 26.50 -7.75 -15.80
NHPC 27,925.18 10,607.40 9,188.78 6,945.61 6,205.36 65.48 67.53 4,280.44 3,774.33 15.44 11.93 13.41
Torrent Power 23,641.70 25,694.12 14,257.61 5,140.52 3,826.04 20.01 26.84 2,164.67 458.70 80.21 34.36 371.91
Indian Energy Exchange 20,150.85 400.85 431.04 409.62 417.02 102.19 96.75 292.63 307.19 -7.00 -1.78 -4.74
SJVN 10,787.30 2,938.35 2,417.00 2,574.32 1,964.58 87.61 81.28 1,365.35 989.80 21.57 31.04 37.94
CESC 10,061.30 14,246.00 12,543.88 3,734.00 3,311.12 26.21 26.40 1,397.00 1,404.08 13.57 12.77 -0.50
NLC India 8,673.43 16,165.24 11,947.94 4,880.59 4,760.89 30.19 39.85 1,425.13 1,115.13 35.30 2.51 27.80
Jaiprakash Power Ventures 4,653.50 5,786.67 4,624.55 1,256.03 1,347.85 21.71 29.15 55.42 107.48 25.13 -6.81 -48.44
Reliance Power 4,590.18 7,542.69 7,503.11 2,225.03 2,904.96 29.50 38.72 -361.36 -565.13 0.53 -23.41 -36.06
Reliance Infrastructure 2,961.27 20,646.43 18,981.67 3,768.95 2,549.14 18.25 13.43 -2,473.04 -678.84 8.77 47.85 264.30
RattanIndia Power 2,862.27 3,231.16 3,259.52 1,066.12 1,212.57 32.99 37.20 -1,869.85 -1,981.44 -0.87 -12.08 -5.63
PTC India 2,437.64 15,492.05 16,856.39 1,383.79 1,604.20 8.93 9.52 509.42 551.67 -8.09 -13.74 -7.66
Nava 2,043.02 3,528.15 3,347.66 1,967.59 1,616.62 55.77 48.29 1,220.17 565.84 5.39 21.71 115.64
GMR Power and Urban Infra 1,967.74 5,524.69 4,101.81 760.42 675.38 13.76 16.47 397.98 -651.54 34.69 12.59 -161.08
Gujarat Industries Power Company 1,076.91 1,355.57 1,172.41 455.96 426.99 33.64 36.42 188.69 171.31 15.62 6.78 10.15
Orient Green Power Company 918.13 258.31 310.63 202.95 228.46 78.57 73.55 35.10 46.55 -16.84 -11.17 -24.60
Ravindra Energy 630.88 252.63 765.00 46.64 63.13 18.46 8.25 16.75 36.93 -66.98 -26.13 -54.64
Waaree Renewable Technologies 591.04 350.96 161.50 85.27 31.83 24.30 19.71 55.33 8.89 117.32 167.91 522.33

Realty
Operating Profit Operating Profit
Net Sales (` Cr.) PAT (` Cr.) Change FY23 vs FY22 (%)
Market Cap (` Cr.) Margin (%)
Company Name
(` Cr.) Net Operating
FY23 FY22 FY23 FY22 FY23 FY22 FY23 FY22 PAT
Sales Profit
DLF 94,173.23 5,694.83 5,717.39 2,043.19 2,163.02 35.88 37.83 1,100.92 843.62 -0.39 -5.54 30.50
Macrotech Developers 54,184.32 9,470.36 9,233.20 2,206.93 2,478.24 23.30 26.84 494.63 1,208.51 2.57 -10.95 -59.07
Godrej Properties 46,481.04 2,252.26 1,824.88 1,034.37 893.97 45.93 48.99 661.33 539.28 23.42 15.71 22.63
Oberoi Realty 34,153.16 4,192.58 2,693.97 2,212.27 1,239.79 52.77 46.02 1,684.13 807.50 55.63 78.44 108.56
Prestige Estates Projects 19,798.45 8,315.00 6,389.50 2,543.30 1,744.20 30.59 27.30 1,050.00 1,214.80 30.14 45.81 -13.57
The Phoenix Mills 19,625.54 2,638.35 1,483.48 1,635.24 808.67 61.98 54.51 1,472.50 247.99 77.85 102.21 493.78
Brigade Enterprises 11,915.96 3,444.61 2,998.78 977.61 833.06 28.38 27.78 218.07 -64.76 14.87 17.35 -436.74
Sobha 6,729.80 3,310.10 2,730.86 461.70 979.97 13.95 35.88 104.20 116.88 21.21 -52.89 -10.85
NBCC (India) 6,534.00 8,648.71 7,690.61 547.27 571.28 6.33 7.43 277.02 237.93 12.46 -4.20 16.43
Mahindra Lifespace Developers 6,125.07 606.61 393.55 -57.16 -74.80 -9.42 -19.01 -15.30 161.71 54.14 -23.59 -109.46
Sunteck Realty 6,118.00 362.45 513.08 92.60 116.27 25.55 22.66 -5.59 25.08 -29.36 -20.36 -122.30
Indiabulls Real Estate 4,591.06 586.77 1,444.78 -484.11 95.10 -82.50 6.58 -607.59 -137.29 -59.39 -609.07 342.56
Dilip Buildcon 3,525.97 10,643.65 9,566.43 1,024.55 811.06 9.63 8.48 -1.39 -549.68 11.26 26.32 -99.75
Ahluwalia Contracts (India) 3,152.77 2,838.39 2,692.47 333.65 285.70 11.75 10.61 194.12 155.22 5.42 16.78 25.06
DB Realty 2,712.35 698.24 219.43 -608.90 -13.32 -87.20 -6.07 -118.21 21.78 218.20 4,472.96 -642.70
Puravankara 2,525.75 1,235.77 954.70 400.95 640.46 32.45 67.08 35.21 147.56 29.44 -37.40 -76.14
Ganesh Housing Corporation 2,227.27 616.35 383.61 256.26 135.49 41.58 35.32 102.15 70.55 60.67 89.13 44.79
Kolte-Patil Developers 2,145.86 1,488.43 1,117.48 221.86 205.22 14.91 18.36 113.38 93.36 33.20 8.11 21.44
Anant Raj 1,956.49 956.94 461.86 244.98 115.27 25.60 24.96 144.41 48.47 107.19 112.53 197.95
PSP Projects 1,943.46 1,937.81 1,748.06 255.06 280.16 13.16 16.03 134.64 166.27 10.85 -8.96 -19.03
Omaxe 1,466.86 773.33 617.80 -278.60 -26.71 -36.03 -4.32 -351.08 -161.61 25.17 943.06 117.24
Ashiana Housing 1,398.10 407.37 221.74 45.78 15.02 11.24 6.77 27.88 -7.04 83.72 204.79 -496.02
Shriram Properties 1,320.52 674.40 432.88 182.83 183.90 27.11 42.48 65.35 18.03 55.79 -0.58 262.41
Ajmera Realty & Infra India 1,161.24 431.10 482.68 133.96 122.60 31.07 25.40 71.59 46.34 -10.69 9.27 54.50
Welspun Enterprises 1,092.65 2,758.19 1,401.40 391.10 322.57 14.18 23.02 685.20 125.42 96.82 21.25 446.32
TARC 1,080.05 368.12 250.55 165.51 -134.36 44.96 -53.63 20.37 -232.75 46.92 -223.18 -108.75
Elpro International 1,021.96 123.10 72.42 75.38 1,307.75 61.24 1,805.88 47.83 1,056.72 69.99 -94.24 -95.47
Financial Review For FY23

Realty
Operating Profit Operating Profit
Net Sales (` Cr.) PAT (` Cr.) Change FY23 vs FY22 (%)
Market Cap (` Cr.) Margin (%)
Company Name
(` Cr.) Net Operating
FY23 FY22 FY23 FY22 FY23 FY22 FY23 FY22 PAT
Sales Profit
Ritesh Properties & Industries 894.61 72.21 185.10 3.28 41.75 4.54 22.55 2.55 40.50 -60.99 -92.15 -93.70
Arvind Smartspaces 869.83 255.92 256.84 56.27 56.68 21.99 22.07 27.81 25.49 -0.36 -0.73 9.11
Capacit’e Infraprojects 742.73 1,798.59 1,334.79 360.88 226.63 20.06 16.98 94.80 43.99 34.75 59.24 115.53
Eldeco Housing & Industries 731.92 129.14 126.88 62.67 69.97 48.53 55.15 44.37 50.80 1.79 -10.43 -12.66
Texmaco Infrastructure & Holdings 728.88 16.53 19.11 7.44 4.17 44.98 21.82 3.08 -91.10 -13.53 78.27 -103.38
Bigbloc Construction 644.52 200.11 175.22 50.84 27.70 25.40 15.81 30.14 16.08 14.20 83.51 87.36
B.L. Kashyap and Sons 597.42 1,109.98 1,157.51 117.72 92.54 10.61 7.99 22.14 43.95 -4.11 27.21 -49.62
KBC Global 580.56 77.91 101.65 25.54 38.35 32.78 37.73 8.72 17.25 -23.35 -33.41 -49.46
Arihant Superstructures 539.40 389.44 330.94 79.83 71.26 20.50 21.53 42.68 41.38 17.68 12.02 3.14
Unitech 531.11 533.47 533.47 36.47 36.47 6.84 6.84 -994.17 -994.17 0.00 0.00 0.00

Retailing
Operating Profit Operating Profit
Net Sales (` Cr.) PAT (` Cr.) Change FY23 vs FY22 (%)
Market Cap (` Cr.) Margin (%)
Company Name
(` Cr.) Net Operating
FY23 FY22 FY23 FY22 FY23 FY22 FY23 FY22 PAT
Sales Profit
Avenue Supermarts 259,072.37 42,839.56 30,976.27 3,766.37 2,615.99 8.79 8.45 2,378.34 1,492.40 38.30 43.97 59.36
FSN E-Commerce Ventures 80,070.07 5,143.80 3,773.94 286.26 191.02 5.57 5.06 24.82 41.29 36.30 49.86 -39.88
Zomato 62,901.89 7,079.40 4,192.40 -528.80 -1,355.90 -7.47 -32.34 -970.70 -1,222.80 68.86 -61.00 -20.62
Aditya Birla Fashion &Retail 28,336.36 12,417.90 8,136.22 1,610.04 1,238.99 12.97 15.23 -66.31 -118.36 52.62 29.95 -43.98
Bata India 25,216.55 3,451.57 2,387.72 832.47 481.10 24.12 20.15 323.01 102.99 44.56 73.04 213.62
Metro Brands 16,814.45 2,127.10 1,342.93 733.16 467.81 34.47 34.83 363.35 212.95 58.39 56.72 70.62
Vaibhav Global 6,128.50 2,690.91 2,752.43 227.25 303.21 8.45 11.02 105.14 237.11 -2.24 -25.05 -55.66
Shoppers Stop 5,106.92 4,022.13 2,518.75 751.98 452.12 18.70 17.95 116.01 -45.42 59.69 66.32 -355.42
Arvind Fashions 3,758.22 4,421.08 3,056.04 505.14 257.65 11.43 8.43 87.92 -104.08 44.67 96.06 -184.47
Spencer's Retail 725.56 2,452.58 2,299.69 36.15 100.77 1.47 4.38 -210.40 -121.46 6.65 -64.12 73.22
White Organic Retail 641.66 269.91 75.74 -2.80 9.24 -1.04 12.20 -3.79 6.68 256.35 -130.33 -156.70

Telecom
Operating Profit Operating Profit
Net Sales (` Cr.) PAT (` Cr.) Change FY23 vs FY22 (%)
Market Cap (` Cr.) Margin (%)
Company Name
(` Cr.) Net Operating
FY23 FY22 FY23 FY22 FY23 FY22 FY23 FY22 PAT
Sales Profit
Bharti Airtel 422,268.60 139,144.80 116,546.90 72,210.10 58,068.20 51.90 49.82 11,535.30 8,305.20 19.39 24.35 38.89
Indus Towers 59,826.78 28,381.80 27,717.20 10,246.40 15,359.20 36.10 55.41 2,040.00 6,373.10 2.40 -33.29 -67.99
Tata Communications 35,000.85 17,838.26 16,724.73 4,681.38 4,558.81 26.24 27.26 1,766.84 1,477.85 6.66 2.69 19.55
Vodafone Idea 31,091.00 42,142.60 38,515.50 17,128.30 16,199.90 40.64 42.06 -29,301.60 -28,246.60 9.42 5.73 3.73
HFCL 10,820.46 4,743.31 4,727.11 665.86 692.98 14.04 14.66 317.80 325.87 0.34 -3.91 -2.48
ITI 9,027.17 1,395.45 1,860.73 -101.02 363.22 -7.24 19.52 -360.10 119.70 -25.01 -127.81 -400.84
Tata Teleservices (Mah.) 3,244.21 1,106.17 1,093.80 509.26 484.55 46.04 44.30 -1,144.72 -1,215.00 1.13 5.10 -5.78
Hathway Cable & Datacom 3,053.42 1,858.44 1,793.02 415.92 471.32 22.38 26.29 25.50 48.96 3.65 -11.75 -47.92
Railtel Corporation Of India 2,699.11 1,963.51 1,548.45 417.18 449.68 21.25 29.04 189.08 208.94 26.80 -7.23 -9.51
Black Box 2,484.21 6,287.56 5,370.17 300.52 280.32 4.78 5.22 23.70 72.72 17.08 7.21 -67.41
GTL Infrastructure 1,421.93 1,457.86 1,462.73 55.13 425.86 3.78 29.11 -1,816.91 -1,474.67 -0.33 -87.05 23.21
Mahanagar Telephone Nigam 1,420.65 935.23 1,149.04 167.26 317.87 17.88 27.66 -2,916.35 -2,603.12 -18.61 -47.38 12.03
Reliance Communications 741.29 479.00 556.00 7.00 -34.00 1.46 -6.12 -279.00 -231.00 -13.85 -120.59 20.78
Financial Review For FY23

Textile
Operating Profit Operating Profit
Net Sales (` Cr.) PAT (` Cr.) Change FY23 vs FY22 (%)
Market Cap (` Cr.) Margin (%)
Company Name
(` Cr.) Net Operating
FY23 FY22 FY23 FY22 FY23 FY22 FY23 FY22 PAT
Sales Profit
Trident 27,085.24 6,332.26 6,997.66 971.07 1,534.89 15.34 21.93 441.23 833.75 -9.51 -36.73 -47.08
Vedant Fashions 23,430.26 1,354.93 1,040.84 711.09 545.79 52.48 52.44 429.11 314.91 30.18 30.29 36.26
K.P.R. Mill 21,440.87 5,960.18 4,822.48 1,336.71 1,305.93 22.43 27.08 814.10 841.84 23.59 2.36 -3.30
Alok Industries 12,586.78 6,937.29 7,309.50 -12.83 609.92 -0.18 8.34 -879.49 -207.62 -5.09 -102.10 323.61
Vardhman Textiles 12,378.33 10,137.49 9,622.34 1,515.94 2,498.42 14.95 25.96 764.20 1,551.23 5.35 -39.32 -50.74
Lakshmi Machine Works 10,287.52 4,719.15 3,170.95 596.95 315.30 12.65 9.94 384.02 181.05 48.82 89.33 112.11
Welspun India 8,976.53 8,093.76 9,311.47 873.88 1,424.56 10.80 15.30 202.46 606.58 -13.08 -38.66 -66.62
Lux Industries 6,594.62 2,361.29 2,295.88 233.15 490.27 9.87 21.35 137.47 338.06 2.85 -52.44 -59.34
Garware Technical Fibres 5,838.46 1,305.55 1,189.40 257.44 248.45 19.72 20.89 172.20 164.78 9.77 3.62 4.50
Raymond 5,690.39 8,214.72 6,178.51 1,321.67 880.58 16.09 14.25 521.55 271.46 32.96 50.09 92.13
Jindal Worldwide 5,616.57 2,070.01 2,559.16 239.78 222.72 11.58 8.70 115.72 109.74 -19.11 7.66 5.45
Swan Energy 5,126.59 1,438.14 487.20 241.90 75.19 16.82 15.43 -61.05 -157.89 195.19 221.74 -61.34
PDS 4,520.59 10,577.00 8,828.21 510.73 419.97 4.83 4.76 326.45 293.40 19.81 21.61 11.26
Rupa & Company 3,485.14 1,137.26 1,474.14 105.13 279.33 9.24 18.95 53.73 191.84 -22.85 -62.36 -71.99
Indo Count Industries 3,142.60 3,011.55 2,842.02 485.70 574.31 16.13 20.21 276.78 358.61 5.97 -15.43 -22.82
Dollar Industries 3,118.53 1,393.83 1,350.32 103.00 227.11 7.39 16.82 57.96 148.95 3.22 -54.65 -61.09
Arvind 3,009.81 8,382.48 8,033.73 844.52 859.30 10.07 10.70 415.48 240.47 4.34 -1.72 72.78
Gokaldas Exports 2,385.32 2,222.20 1,790.32 295.81 216.19 13.31 12.08 172.97 117.08 24.12 36.83 47.73
Bombay Dyeing And Manufacturing
2,034.52 2,673.73 2,000.92 67.71 255.44 2.53 12.77 -516.60 -460.45 33.63 -73.49 12.19
Company
Siyaram Silk Mills 1,967.60 2,232.51 1,904.96 408.69 367.53 18.31 19.29 250.99 216.24 17.19 11.20 16.07
Indo Rama Synthetics (India) 1,714.19 4,084.91 4,038.08 66.20 312.59 1.62 7.74 -24.56 269.06 1.16 -78.82 -109.13
Kitex Garments 1,658.18 557.00 788.33 104.94 197.64 18.84 25.07 56.92 125.12 -29.34 -46.91 -54.51
Mayur Uniquoters 1,596.77 775.63 656.46 156.46 146.05 20.17 22.25 104.21 94.37 18.15 7.12 10.42
Ganesha Ecosphere 1,589.84 1,179.63 1,021.44 141.06 120.83 11.96 11.83 69.46 61.97 15.49 16.75 12.09
SEL Manufacturing Company 1,484.93 554.37 420.13 -51.38 0.68 -9.27 0.16 -185.91 -131.27 31.95 -7,642.57 41.63
Himatsingka Seide 1,482.77 2,677.74 3,183.95 346.04 549.92 12.92 17.27 -64.07 140.82 -15.90 -37.07 -145.50
Kewal Kiran Clothing 1,230.96 779.45 607.61 172.14 117.05 22.08 19.26 119.17 81.80 28.28 47.07 45.68
Sutlej Textiles And Industries 1,165.44 3,074.23 3,076.46 286.12 414.33 9.31 13.47 37.28 150.23 -0.07 -30.94 -75.18
Filatex India 1,157.10 4,303.87 3,828.09 250.12 556.33 5.81 14.53 89.90 302.73 12.43 -55.04 -70.30
Sangam (India) 1,122.19 2,712.30 2,437.76 318.71 314.52 11.75 12.90 130.54 140.65 11.26 1.33 -7.19
Monte Carlo Fashions 1,004.57 1,117.71 904.32 238.43 205.42 21.33 22.72 132.52 113.94 23.60 16.07 16.30
RSWM 960.99 3,788.90 3,817.42 339.53 464.17 8.96 12.16 109.61 239.98 -0.75 -26.85 -54.33
Pearl Global Industries 924.83 3,158.41 2,713.53 278.35 188.76 8.81 6.96 152.99 70.11 16.39 47.46 118.22
S.P. Apparels 878.32 1,077.88 859.43 165.64 162.21 15.37 18.87 82.51 84.69 25.42 2.11 -2.58
Raghuvir Synthetics 790.31 93.47 215.49 -1.68 10.14 -1.80 4.70 -9.83 3.40 -56.62 -116.61 -388.86
Shiva Texyarn 788.56 410.87 477.07 24.38 56.47 5.93 11.84 -6.64 20.01 -13.88 -56.83 -133.18
Rajapalayam Mills 774.16 857.14 692.32 141.91 144.23 16.56 20.83 31.75 18.84 23.81 -1.61 68.57
Faze Three 765.96 558.18 504.46 99.93 89.33 17.90 17.71 58.30 51.08 10.65 11.87 14.13
Nahar Industrial Enterprises 657.28 1,763.76 2,006.36 188.26 322.02 10.67 16.05 79.26 156.64 -12.09 -41.54 -49.40
Gloster 602.04 710.18 733.82 109.09 132.76 15.36 18.09 54.39 65.28 -3.22 -17.83 -16.69
Loyal Textile Mills 523.28 1,547.66 1,767.43 86.79 199.33 5.61 11.28 15.72 97.05 -12.43 -56.46 -83.80
Stovec Industries 507.19 214.25 235.85 21.58 30.72 10.07 13.03 17.53 24.77 -9.16 -29.75 -29.23
Bannari Amman Spinning Mills 503.50 1,398.57 1,560.24 58.98 172.76 4.22 11.07 -22.65 56.20 -10.36 -65.86 -140.30
Ashapura Intimates Fashion 488.63 343.75 343.52 52.83 99.15 15.37 28.86 21.71 62.19 0.07 -46.72 -65.09
Sarla Performance Fibers 473.04 387.40 425.72 66.71 96.65 17.22 22.70 21.38 47.35 -9.00 -30.98 -54.84
DCM Nouvelle 437.43 864.41 909.32 37.41 182.67 4.33 20.09 11.66 122.60 -4.94 -79.52 -90.49
Financial Review For FY23

Miscellaneous Operating Profit Operating Profit


Net Sales (` Cr.) PAT (` Cr.) Change FY23 vs FY22 (%)
Market Cap (` Cr.) Margin (%)
Company Name
(` Cr.) Net Operating
FY23 FY22 FY23 FY22 FY23 FY22 FY23 FY22 PAT
Sales Profit
Syngene International 23,923.75 3,192.90 2,604.20 1,005.30 848.90 31.49 32.60 464.40 395.80 22.61 18.42 17.33
Delta Corp 8,827.58 1,020.77 616.13 396.73 177.47 38.87 28.80 261.49 68.22 65.67 123.55 283.30
Latent View Analytics 8,468.75 538.76 407.82 200.82 142.96 37.27 35.05 155.43 129.51 32.11 40.47 20.01
TeamLease Services 7,409.07 7,870.00 6,479.82 166.21 162.10 2.11 2.50 111.55 39.45 21.45 2.54 182.74
SIS 7,139.14 11,345.78 10,059.08 524.27 551.18 4.62 5.48 336.29 323.33 12.79 -4.88 4.01
Just Dial 5,947.60 844.76 646.95 227.66 120.00 26.95 18.55 162.72 70.83 30.58 89.72 129.73
BLS International Services 2,391.18 1,516.19 849.89 242.25 123.03 15.98 14.48 204.27 111.20 78.40 96.90 83.69
VA Tech Wabag 1,744.40 2,960.48 2,979.30 371.42 269.38 12.55 9.04 1.68 135.22 -0.63 37.88 -98.76
SJS Enterprises 1,262.57 433.05 369.86 116.78 98.95 26.97 26.75 67.25 55.02 17.09 18.02 22.24
Quint Digital Media 921.29 74.48 55.98 -9.88 -10.61 -13.27 -18.96 -27.37 -24.87 33.05 -6.87 10.03
PTL Enterprises 900.83 64.34 63.22 62.12 61.17 96.55 96.76 23.28 32.99 1.77 1.55 -29.43
Sanghvi Movers 798.66 455.78 335.26 286.63 174.90 62.89 52.17 112.06 29.40 35.95 63.89 281.09
Antony Waste Handling Cell 737.31 855.63 648.42 167.93 166.50 19.63 25.68 84.57 90.40 31.96 0.86 -6.45
Vimta Labs 696.69 318.19 278.28 98.36 81.74 30.91 29.37 48.17 41.33 14.34 20.33 16.55
Universus Photo Imagings 601.08 43.22 56.16 40.24 482.93 93.11 859.90 35.01 514.35 -23.04 -91.67 -93.19
Talwalkars Better Value Fit. 537.32 90.45 57.53 38.17 39.43 42.20 68.53 -3.13 8.78 57.22 -3.18 -135.62
Yaari Digital Integrated Serv. 485.03 43.47 160.55 159.52 -61.24 366.97 -38.14 114.88 -173.81 -72.92 -360.48 -166.10
Mallcom (India) Ltd 473.05 410.55 357.23 61.63 52.82 15.01 14.79 36.94 31.56 14.93 16.67 17.05
Mazagon Dock Shipbuilders 4,832.49 7,827.18 5,733.28 1,484.63 852.75 18.97 14.87 1,046.07 563.11 36.52 74.10 85.77
Cochin Shipyard 3,866.63 2,364.56 3,190.95 460.49 891.52 19.47 27.94 304.71 563.96 -25.90 -48.35 -45.97
HDFC Life Insurance Co 113,711.73 56,878.78 67,126.00 1,441.32 778.00 2.53 1.16 1,368.28 1,326.93 -15.27 85.26 3.12
ICICI Prudential Life Insurance
71,829.37 38,559.53 62,305.00 1,084.54 -1,258.00 2.81 -2.02 813.49 759.20 -38.11 -186.21 7.15
Company
The New India Assurance Co. 25,436.88 30,424.95 35,821.00 1,256.46 177.00 4.13 0.49 1,061.30 164.27 -15.06 609.86 546.07
General Insurance Corporation of India 19,982.62 35,973.53 49,257.00 8,031.18 3,451.00 22.33 7.01 6,577.16 2,386.28 -26.97 132.72 175.62
Maithan Alloys 3,864.79 2,884.95 2,992.46 761.17 1,102.62 26.38 36.85 498.99 818.04 -3.59 -30.97 -39.00
Indian Metals & Ferro Alloys 2,236.37 2,676.39 2,602.95 512.79 826.84 19.16 31.77 225.78 507.70 2.82 -37.98 -55.53
Grindwell Norton 19,922.96 2,525.20 2,012.76 555.70 454.46 22.01 22.58 363.38 296.06 25.46 22.28 22.74
Carborundum Universal 15,148.93 4,601.04 3,324.76 728.58 576.45 15.84 17.34 404.42 350.02 38.39 26.39 15.54
Wendt (India) 999.11 207.61 178.81 61.15 46.15 29.45 25.81 40.09 27.07 16.11 32.51 48.12
United Spirits 64,487.77 27,815.40 9,712.40 1,490.00 1,643.60 5.36 16.92 1,127.20 810.60 186.39 -9.35 39.06
United Breweries 39,363.87 16,651.09 5,838.44 665.66 726.41 4.00 12.44 304.68 366.08 185.20 -8.36 -16.77
Radico Khaitan 11,859.56 12,743.91 2,868.01 367.75 409.86 2.89 14.29 204.37 248.54 344.35 -10.27 -17.77
Tilaknagar Industries 1,054.04 2,469.28 783.37 144.69 122.59 5.86 15.65 149.90 45.19 215.21 18.03 231.73
Globus Spirits 914.95 2,822.47 1,579.17 253.41 335.23 8.98 21.23 122.20 187.25 78.73 -24.41 -34.74
Som Distilleries Breweries 437.77 1,498.05 362.76 103.43 19.59 6.90 5.40 60.30 -9.84 312.96 427.98 -712.81
Interglobe Aviation 77,565.32 54,446.45 25,930.93 7,930.32 1,300.85 14.57 5.02 -305.79 -6,161.85 109.97 509.63 -95.04
TAAL Enterprises 508.35 159.14 129.36 51.31 52.26 32.24 40.40 31.23 31.91 23.03 -1.82 -2.15
JK Paper 5,153.15 6,436.81 3,968.56 2,184.45 1,134.77 33.94 28.59 1,208.22 543.82 62.20 92.50 122.17
West Coast Paper Mills 2,207.03 4,920.76 3,377.67 1,719.76 695.54 34.95 20.59 1,087.01 345.88 45.69 147.26 214.27
Orient Paper & Industries 973.97 942.96 585.65 191.10 -7.73 20.27 -1.32 99.24 -28.88 61.01 -2,572.19 -443.63
ICRA 4,109.05 403.23 342.81 192.46 161.46 47.73 47.10 136.73 113.53 17.63 19.20 20.43
Care Ratings 1,518.20 278.99 247.63 137.28 106.80 49.20 43.13 85.46 76.83 12.66 28.54 11.23

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