Top Stocks Held By President Of India: State-owned or corporations with majority ownership held by the government are called public sector undertakings or PSUs. PSUs are of three types SLPEs – State Level Public Enterprises CPSEs – Central Public Sector Enterprises PSBs – Public Sector Banks.
The government holds these companies with the intent of nation-building and advancement of the economy rather than having profits as the primary objective like corporations held by private citizens or other entities.
In this article we shall look Top Stocks Held By President Of India. The government holds such enterprises in the President of India’s name and a total of 78 companies in holding.
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Top Stocks Held By President Of India
Here are five of those stocks with the highest holding by the President of India.
Top Stocks Held By President Of India #1 – KIOCL
The President of India holds 99.03% of the company. KIOCL engages in iron ore mining, beneficiation, and production in India. The company operates through two segments: Iron Ore Pellets and pig Iron.
The company offers project operation and maintenance services as well as mineral exploration services. KIOCL also exports its products. The company was known formerly as Kudremukh Iron Ore Company Ltd and was founded in 1976 with its headquarters in Bangalore, India.
| Particulars | Amount | Particulars | Amount |
| CMP | 319.45 | Market Cap (Cr.) | 20,013 |
| EPS (TTM) | 1.84 | Stock P/E (TTM) | 0 |
| RoE | 4.7% | RoCE | 4.8% |
| President Holding | 99% | Dividend Yield | 0.00% |
| Qty Held | 60.188 Cr | Debt to Equity | 0.21 |
| Holding Value | 14,655.7 Cr | Price to Book Value | 8.1 |
| Operating Profit Margin | -10.6% | Net Profit Margin | -11.6% |
In FY2023, the company produced 1.5 MMT of pellets at 43% capacity utilization. KIOCL has 19 mineral projects and invested Rs. 422.8 crore in capex, up significantly from Rs. 290.5 crore in FY2022.
Recently, the Government of Karnataka reserved an area of 470.40 hectares in Devadari Range, Sandur Taluk, Bellary District for Iron Ore and Manganese for KIOCL.
KIOCL revenue declined nearly 50% from Rs. 3,006 crore in FY2022 to Rs. 1,543 crore in FY2023. The company transitioned from Rs 313 Crore in FY22 to a loss of Rs 97 crore in FY23.
Top Stocks Held By President Of India #2 – Punjab & Sind Bank
The President of India holds 98.25% of the company. Punjab & Sind Bank provides banking operations through four segments: Treasury Operations, Retail, Banking, Corporate Banking and other Banking Operations.
The bank offers Savings Accounts, Current Accounts, Recurring Deposits, and Loans, etc., The company also offers fund-based services, and advisory services. It also has digital banking for its customers. Punjab & Sind Bank is headquartered in New Delhi, after being founded in 1908.
| Particulars | Amount | Particulars | Amount |
| CMP | 45.5 | Market Cap (Cr.) | 32,479 |
| EPS (TTM) | 1.86 | Stock P/E (TTM) | 21.23 |
| RoE | 9.6% | RoCE | 9.5% |
| President Holding | 98.3% | Dividend Yield | 1.9% |
| Qty Held | 665.905 Cr | CASA Ratio | 33.59 |
| Holding Value | 25,637.3 Cr | Price to Book Value | 1.87 |
| Operating Profit Margin | 18.1% | Net Profit Margin | 16.4% |
Punjab & Sind Bank operates in 1553 branches, 835 ATMs, and 318 districts. The company reported 7.4% total increase in deposits and 15% YoY growth in Advances implying 493 bps improvement in CD ratio. The company’s CASA also improved 6.68%.
The company interest grew 13% YoY in FY2023 from Rs. 7,096 crore to Rs. 7,993 crore. The Net profits were Rs. 1,039 crore and Rs. 1,313 crore, representing margins of 14.6% and 16.4% in FY2022 and FY2023 respectively.
Top Stocks Held By President Of India #3 – LIC
The President of India holds 96.50% of the company. Life Insurance Corporation of India provides Life Insurance products in India, Fiji, Mauritius and UK. The products include insurance, pension, unit linked, micro insurance, withdrawal and health plans and various group schemes, LIC was incorporated in 1956 and is based out of Mumbai, India.
LIC is present in 36 states & UTs with offices covering 92% (versus 79% covered by the private sector companies) of districts in India comprising 13.5 million agents. LIC is the largest insurer by market cap in India and 10th largest in the world by premium volume.
| Particulars | Amount | Particulars | Amount |
| CMP | 636 | Market Cap (Cr.) | 4,08,246 |
| EPS (TTM) | 57.55 | Stock P/E (TTM) | 9.12 |
| President Holding | 96.5% | Dividend Yield | 0.6% |
| Qty Held | 610.362 Cr | Net NPA | 0.00 |
| Holding Value | 401,984.6 Cr | Price to Book Value | 7.77 |
| Revenue Q1 FY24 | 963,806.59 | Net Profit Q1 FY24 | 954,371.26 |
LIC’s total premium income grew 11% from Rs. 4,27,419 crore in FY2022 to Rs. 4,74,005 crore in FY2023. The company transitioned from Rs 4,043 crore Net Profits in FY22 to Rs. 36,397 crore in FY23. Additionally, the company reported solvency ratio improvement marginally by 2 bps from 1.85 to 1.87 and a 0.04% drop in Net NPAs all the way down to NIL.
Top Stocks Held By President Of India #4 – Indian Overseas Bank
The President of India holds 96.38% of the company. Indian Overseas Bank provides banking products and services in India and abroad. The company operates through four segments: Treasury Operations, Retail, Banking, Corporate Banking and other Banking Operations.
The bank offers loans, letter of credit, guarantees credit reports etc., The company also offers fund based services, advisory services, locker facility etc.. It also has digital banking experience for its customers across segments.
| Particulars | Amount | Particulars | Amount |
| CMP | 47.05 | Market Cap (Cr.) | 91,506 |
| EPS (TTM) | 1.86 | Stock P/E (TTM) | 27.4 |
| RoE | 10.03% | RoCE | 8.3% |
| President Holding | 96.4% | Dividend Yield | 0.00% |
| Qty Held | 1821.833 Cr | CASA Ratio | 43.73 |
| Holding Value | 59,482.8 Cr | Price to Book Value | 2.68 |
| Operating Profit Margin | 10.0% | Net Profit Margin | 43.7% |
With 3222 branches (foreign outreach branches in Hong Kong, Singapore, Colombo, and Hong Kong, Bangkok), 3495 ATMs, 3322 business correspondents, 26.45 Internet banking registered users, 75.19 UPI registered users, and 74.53 mobile banking registered users, Indian Overseas Bank has presence across India and digitally including the BHIM and IOB Mobile Banking apps –Internet Banking, IOB UPI.
The company interest income grew 16% YoY in FY2023 from Rs. 16,730 crore to Rs. 19,400 crore. The Net profits were Rs. 1,710 crore and Rs. 2,099 crore, representing margins of 10.2% and 10.8% in FY2022 and FY2023 respectively.
Top Stocks Held By President Of India #5 – UCO Bank
The President of India holds 95.39% of the company. UCO Bank offers banking products and services in India and internationally. The company operates through four segments: Treasury Operations, Retail, Banking, Corporate Banking and other Banking Operations. The company offers Agri, home, education, gold, personal, and vehicle loans. Additionally, it offers life, health and general insurance. The company has banking through digital channels and is growing fast.
UCO bank operates through 3029 domestic plus 3 foreign branches, 2411 ATMs. UCO presence is dominant in East India with 975 branches and catering mainly to rural and semi urban which account for 34% and 29% of its geographic presence.
| Particulars | Amount | Particulars | Amount |
| CMP | 43.95 | Market Cap (Cr.) | 53,455 |
| EPS (TTM) | 1.62 | Stock P/E (TTM) | 20.89 |
| RoE | 8.6% | RoCE | 9.1% |
| President Holding | 95.4% | Dividend Yield | 0.00% |
| Qty Held | 1140.491 Cr | CASA Ratio | 36.79 |
| Holding Value | 38,377.5 Cr | Price to Book Value | 1.76 |
| Operating Profit Margin | 14.4% | Net Profit Margin | 10.6% |
Digital offerings include UPI, Bulk Payments, E-Mandate and a web plus app interface for many more features. The company reported 7.4% total increase in deposits and 15% YoY growth in Advances implying 493 bps improvement in CD ratio. The company’s CASA also improved 6.68%.
The company’s Interest Earned grew 18% YoY in FY2023 from Rs. 14,981 crore to Rs. 17,651 crore. The Net profits were Rs. 930 crore and Rs. 1,862 crore, representing margins of 6.2% and 10.6% in FY2022 and FY2023 respectively.
List Of Stocks Held By President of India
| Company Name | Market Cap (Cr) | CMP | % Held by The President | Qty Held | Holding Value |
| Scooters India Ltd | 273.5 | 30.10 | 93.9% | 8.192 Cr | 244.5 Cr |
| Central Bank of India | 45,574 | 50 | 93.1% | 112.806 Cr | 3852.3 Cr |
| ITI Ltd | 19,328 | 194.3 | 90.3% | 86.722 Cr | 14,231.1 Cr |
| The Fertilizers & Chemicals Travancore Ltd | 29,752.40 | 518.55 | 90.0% | 58.236 Cr | 29,540.5 Cr |
| State Trading Corporation of India Ltd | 827.4 | 135.15 | 90.0% | 5.4 Cr | 634.2 Cr |
| MMTC Ltd | 9,450.00 | 66.00 | 89.9% | 134.890 Cr | 7,904.6 Cr |
| Andrew Yule & Company Ltd | 1,508.40 | 30.15 | 89.3% | 43.637 Cr | 1,261.1 Cr |
| India Tourism Development Corporation Ltd | 3,297.83 | 381 | 87.0% | 7.464 Cr | 2,820.3 Cr |
| Bank of Maharashtra | 29,529.30 | 48 | 84.5% | 612.263 Cr | 25,010.9 Cr |
| Indian Railway Finance Corporation Ltd | 94,420.00 | 77.50 | 86.4% | 1,128.644 Cr | 87,977.8 Cr |
Conclusion
As we wrap up our article, we’ve looked into Top Stocks Held By The President of India. Be sure to do your own due diligence on the companies before investing to make sure it is suitable for your individual objectives and risk appetite. We look forward to hearing your thoughts on this subject in the comments section below.
Written by Sandeep R
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