Public Sector Undertakings (PSU) or Central Public Sector Enterprises (CPSE) in India are government-owned enterprises in which 51 percent or more share capital is held by the Government of India or state/central governments.
14 percent of the country’s GDP can be attributed to the public sector in India. It encourages investment and generates capital by supporting the country’s economy through the creation and expansion of infrastructure and creating other opportunities.
Here are some public sector enterprises that have an order book of up to Rs. 91,336 Crores
Bharat Heavy Electricals Limited
Bharat Heavy Electricals Limited (BHEL) is Maharatna CPSE and one of the largest engineering and manufacturing companies in India engaged in the design, engineering, construction, testing, commissioning, and servicing of a wide range of products and services for the core sectors of the economy like power, transmission, renewable energy, industry and many more.
On January 5, 2023, the shares of Bharat Heavy Electricals Limited closed at Rs. 195.50, up 0.23 percent from its previous day’s close price of Rs. 195.05 and its market capitalization is Rs. 68,178 Crores.
As of March 31, 2023, it has a total outstanding order book of Rs. 91,336 Crores, 56.70 percent of its orders came from the Power Sector, 40.50 percent from the Industry Sector, and the rest 2.80 percent from International operations. This year it has received a prestigious order for 80 nos of “Vande Bharat” trainsets.
The company’s revenue from operations grew 10.15 percent from Rs. 21,211.09 Crores in FY22 to Rs. 23,364.94 Crores, accompanied by increasing profits of Rs. 446.03 Crores to Rs. 477.39 Crores.
Hindustan Aeronautics Limited
Hindustan Aeronautics Limited (HAL) is the Indian government’s prime manufacturer of defense machinery in the Aeronautic segment. The Company designs, develops, manufactures, maintains, and upgrades aircraft, helicopters, and critical aerospace components & accessories.
On January 5, 2023, the shares of Hindustan Aeronautics Limited closed at Rs. 3,000, up 3.30 percent from its previous day’s close price of Rs. 2,904.25 and its market capitalization is Rs. 2,00,569 Crores.
As of May 2023, HAL has an order book of Rs. 81,784 Crores which consists of manufacturing contracts, repair & overhaul, spares, design & development projects, and exports.
HAL has 154 Patents, 115 Industrial Designs, 447 Copyrights, and 2 Trademarks as of 2023 and a capex of Rs. 2,081 Crores in FY23, The investments were mainly towards the Green Field Helicopter project at Tumakuru, augmentation of facilities of LCA, ROH of SU-30, ROH of AL-31 FP Engine, etc.
The company’s revenue from operations grew 9.37 percent from Rs. 24,620.02 Crores in FY22 to Rs. 26,927.46 Crores in FY23, accompanied by increasing profits of Rs. 5,080.04 Crores to Rs. 5,827.74 Crores.
NBCC (India) Limited
NBCC is a Navratna central public sector enterprise, it is one of the largest realty CPSEs in India with operations in project management consultancy and realty development businesses in the domestic as well as foreign markets.
On January 5, 2023, the shares of NBCC (India) Limited closed at Rs. 86.65, down 1.08 percent from its previous day’s close price of Rs. 87.60, and its market capitalization is Rs. 15,580 Crores.
As of Q2FY24, it has a consolidated order book of ~Rs. 55,300 Crores and it generates 92 percent of its revenue from Project Management Consultancy, 6 percent from Engineering procurement and construction, and 2 percent from real estate.
It has a strong clientele base, some of its well-known clients include IIT, IIM, SJVN, BHEL, NTPC, the Republic of Mauritius, the Republic of Maldives, and many more.
The company’s revenue from operations grew 13.83 percent from Rs. 7,690.61 Crores in FY22 to Rs. 8,754.44 Crores in FY23, accompanied by increasing profits of Rs. 224.32 Crores to Rs. 266.67 Crores.
Ircon International Limited
IRCON International is a specialized construction organization under the Ministry of Railways, it covers the entire spectrum of construction activities and services in the Infrastructure sector with operations in domestic as well as foreign countries.
On January 5, 2023, the shares of Ircon International Limited closed at Rs. 184.30, down 0.86 percent from its previous day’s close price of Rs. 185.90 and its market capitalization is Rs. 17,329 Crores.
Ircon International Limited has a strong order book of Rs. 32,152 Crores, its breakup is as follows, Railways work 73.6 percent, highway work 20.3 percent, and others 6.1 percent.
Its revenue from operations grew 40.49 percent from Rs. 7,379.67 Crores in FY22 to Rs. 10,367.93 Crores in FY23 accompanied by increasing profits of Rs. 592.34 Crores to Rs. 765.23 Crores.
Written by: Bharath K.S
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