BUSINESSWORUD ee aa RANKING lp Ne | INDIA'S Ma) Pe YaTndian companies ‘on increasing growth use. Going by the present indi- ‘eators, the BW Real 00 list is only set to grow — and swell. In size and scale, the top 50 companies in the BW Real 500 list account for more than 68 per cent of the total ineome ofall 500 companies. The top 50 companies also account for alittle over 63 per cont of total assets and income of all the 500 ‘companies put together. Overall, the adverse impact of the pan- demic year was visible. The top 10 companies together generated around 12.4 per cent less income compared to the top 10 companies in last year’s list Indian Oil Corporation managed fo sheak ahead Of Mukesh Ambani- fedgiant Reliance Industries to top he list, And likelast year, the oil Elid gas sector stands tall in the fop-10 list occupying the first ive positions ofthe BW Real 500 rank- ings. These indlude Indian Oi! Rank 1), RIT (Rank 2), ONGC Hank 3); Bharat Petroleum (Rank 4)and Hindustan Petroleum Rank 5), Others in the top 10 iehide three companies from the Tata Group — Tata Motors (Rank Indian Oil Corporation 5,23,736 Relianceindustries iI€Natural Gas Corporation Bharat Petroleum Corporation 5,02,653 369,895 306,519 Hindustan Petroleum Corporation Rajesh Exports TataMotors 2,52,438 Tata Consultancy Services 167,311 TataStee! Larsen Toubro Hindalco Industries 157190 139,408 133,207 12 | NTPC 115,547 Infosys 1,02,673 el Coal India 7), Tata Consultaney (Rank 8), and ‘Tata Steel (Rank 9). Rajesh Exports (Rank 6) gained one posi tion while L&T dropped one place | (ank10). Some of the noticeable changes in the rankings vis-a-vis last year include the re-entry of tel- ecom giant Bharti Airtelin Top 15 profiled companied. Bharti Airtel (Rank 14) gained two spots, ‘Among those that slipped abit included Vedanta (Rank 17) and Maruti Suzuki (Rank 21). The auto Imajor was ranked 18 in last year’s 30 | —BUSINESSWoRLD| 25 Febuary 2022 01,258 93,818 list, All three companies —Bharti Airtel, Vedanta, and Maruti were in the top 15 list in BW Real 500 Companies list released in 2020. Understandably, FY21 was the second tough year in succession. With signs of recovery visible, we can only hope that the current year turns out to be the year of revival for everyone. Fingers crossed. Knowledge Partner: TechSci Research ashish.sinha@ businessworldin \ @Ashish_ BWDem urure el ee THE BW REAL 500 | Mg RANK10 ENGINEERING SUCCESS NA YEAR MARKED BY anxiety and uncertainty, Larsen & Toubro (L&T) ‘turned in a creditable performance and registered appreciable recovery across key performance parameters. The company said its order inflow for the year at Rs 175,497 crore was achieved with strong domestic wins in the infrastructure and hydrocarbon segments. Despite the Covid-19 led disruption, order inflow was boosted by the thrust given by the central government to the infrastructure sector to help put the economy back on track. “We secured multiple large and prestigious orders during the year, viz, the ‘Mumbai-Ahmedabad High Speed Rail (popularly called the Bullet Train), a bridge across the Brahmaputra in Assam as well as EPCC packages for the Barmer Refinery in Rajasthan,” said A.M. Naik, Group Chairman, L&T. ‘The L&T Group recorded revenues of Rs 135,979 crore during FY2020-21, reg- istering a decline of 6.5 per cent. The decline was mainly due to the slowdown in project execution and manufacturing activity, caused by lockdown-related disrup- tions in first half ofthe year. This was partially compensated for by a more normal ised level of operations during the second half of FY2020-21. Multi-year Revenue Visibility Ason March 31, 2021, the order book at Rs 327,354 crore provides multi-year rev- enue visibility. The infrastructure segment has a 75 per cent share of the consoli- dated order book. The order book registered a growth of 77 per cent on the back of some mega orders secured during the year, the company said. Shareholder value was delivered through healthy profit after tax which stood at Rs 11,583 crore, rep- resenting a growth of 21.8 per cent over the previous year, said Naik in his address to the shareholders. During the year, L&T concluded the divestment of its Electrical & Automation (E&A) business including the sale ofthe integrated marine automation solutions company, Servowatch Systems. ‘The Board of Directors of L&T recommended a final dividend of Rs 18 per share for FY21. This was in addition to the Rs 18 per share of special dividend declared earlier during FY21. Recently, L&T won the mandate to build four international airports in India which are being executed simultaneously. International Business L&T has gradually expanded its international footprint through geographie disper- sion as a conscious de-risking strategy. While the Middle East region has obviously remained an area of focus, the company has turned its attention to countries in Africa as well as South East Asia. Currently, the Middle East region constitutes 61 per cent of the international order book of Rs 68,773 crore. L&T’s internz val ‘SO | BW BUSINESSWORLD | 20 February 2022 » A.M.NAIK, Group Chairman LARSENE TOUBRO TOTALASSETS Rs3,11.274 crore TOTALINCOME Rs1,39,408 crore OPERATINGPROFIT Rs12,236crore NETPROFIT Rs4,683crorePhotography UmeshiGoswami 26 February 2022 | BW BUSINESSWORLO | S1 manufacturing footprint covers (Oman, Saudi Arabia, UAE, Kuwait and USA. During FY21, the business was conferred 17 international awards, seven of which were from RoSPA (Royal Society for the Prevention of Accidents) and 10 from. the BSC (British Safety Council). The business has also won three prestig- ious safety awards from NSC (National Safety Council), India, ‘The first international battery energy storage system order secured in Thailand achieved substantial pro- gress, the company said. The 52 MWh ystem is meant-to provide grid stability ina region with alarge, inherently intermittent renewable generation. ‘The international units of the busi- ness in the Middle Bast, Africa and the ASEAN region offer complete solutions in the field of power trans- mission and distribution up to 500 KV evel. These include substations, power transmission lines, EHV cabling, distribution networks, solar plants and Electrical Instrumentation and Controls (EI&C) works for infrastructure pro- jects such as airports, oil and gas industries, ete. The Middle East busi- ness unit that caters to the countries of the UAE, Saudi Arabia, Qatar, Oman, Kuwait and Bahrain has gar- nered a coveted place in the GOC region. 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