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- 06/12/16--03:53: Top 10 Telecom Companies in India 2016
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- 06/16/16--22:05: Top 10 Automobile Brands in United Kingdom (UK) 2016
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- 06/20/16--02:31: Top 10 Football Clubs in the World 2016
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- 06/20/16--10:21: Top 10 Agricultural Countries by GDP Contribution 2016
- 06/23/16--11:24: Top 10 eCommerce Companies in India 2016
- 06/28/16--20:28: Top 10 Pharma Companies in USA 2016
- 06/28/16--20:48: Top 10 Sportswear Brands of the World 2016
- 06/29/16--19:53: Top 10 Iron and Steel Companies in the World 2016
- 06/29/16--20:10: Top 10 Companies in South Africa 2016
- 06/30/16--06:40: Top 10 Companies in Europe 2016
- 06/30/16--06:56: Top 10 Conglomerates in India 2016
- 07/06/16--07:32: Top 10 Power Companies in India 2016
- 07/06/16--07:45: Top 10 Power Companies in World 2016
- 07/12/16--10:10: Top 10 Companies in UK 2016
- 07/12/16--10:25: Top 10 Companies in Australia 2016
- 07/13/16--09:03: Top 10 Conglomerates in USA 2016
Telecommunications have revolutionized the way people stay connected with each other. Every biy, girl, husband, wife, children, parents, business partners etc are always connected with each other with the power of telecommunication which not only services voice calling but data plans also help staying online. The top Indian telecom companies include brands like Airtel, Vodafone, Idea, BSNL followed by players like Reliance Communications, Aircel, Tata Communications; and MTNL, Tata Docomo & MTS, which complete the top ten list. Here is a list of the top 10 telecom companies in India in 2016.
10. Sistema Shyam Teleservices Ltd. (SSTL)
Russian Mobile Telesystems operates through Sistema Shyam Tele Services Limited (SSTL) also known as Mobile telesystems (MTS) in the Indian market.
It has headquarters in Gurgaon & the products offered by them are mobile telephony and internet services- voice, broadband, messaging and data services. It is growing in the indian market and has been growing consistently in the field of internet and telephony. It is a subsidiary of Russian conglomerate Sistema, and has been in the telecom sector as MTS since a long time, which a substantial subscriber base. To compete in the Indian market it has launched EVDO Rev, a high speed mobile broadband service.
IT also has launched MTS TV, MTS Blaze which is spread over 100 countries in India. It also has plans to roll out roaming free services in the whole country to gain a competitive edge in the telecom industry. MTS gained popularity in internet services being in the top 3 internet service providers in India. With the focus on customers, it was the first company to launch Half Paisa Per Second Calling and also high speed broadband service.
With MTS mAd it is the first company to provide free mobile calls through its comprehensive set of android mobile phone range targeted at the youth of the country. Initially operating in 22 circles, it lost its 21 circles’ licenses in connection with the 2G scam with Rajasthan being the only active circle. Later, MTS won back licenses and spectrum in 8 circles. They have been using the CDMA technology to operate its mobile services. In 2016, it was announced that Reliance Communications acquired Sistema's MTS India in all-stock deal.
Revenue (in Millions): 14287 INR
Subscribers Base (in Millions): 8.9
9. Tata Teleservices
First company to launch CDMA technology in India was incorporated in 1996.
The Tata Group acquired Hughes Telecom and hence renamed it Tata Teleservices Limited (Maharashtra) in 2002. The company launched Tata Indicom in 2005 and it was CDMA operations of the company, then in 2008 the company launched Tata Photon. It was wireless mobile broadband operations and lastly Tata DOCOMO (for 2G GSM services) in 2009. Tata Group and NTT DOCOMO (Japanese telecom) entered into a strategic alliance in 2008 to form Tata Docomo. After spectrum allocation, Tata launched GSM services in all of its 18 telecom circles within a short time period of 1 year.
It has been declared as the least congested network in India for two years in a row by Telecom Regulatory Authority of India and is the market leader in wireless fixed telephony in the private telecom industry. T24 was rolled out on GSM platform after the partnership with the Future Group to provide mobile telephony services.
It also collaborated with Virgin mbile to offer CDMA and GSM mobile technologies to the youth. In 2011, all the Tata brands were tied under one umbrella of TATA Docomo when brand integration was carried out to leverage on the synergies of all the companies offering Infocomm and integrating their suppy chain management. It has received 8 awards at the World HRD Conference.
Revenue (in Millions): 29386 INR
Subscribers Base (in Millions): 11.1
8. Mahanagar Telephone Nigam Ltd. (MTNL)
MTNL is the government owned telecom network in metropolitan areas and has enjoyed monopoly till 1992.
After 1992, when telecom sector opened up to other service providers MTNL started losing on its customer base, revenue and market share due to intense competition from private players. It has domestic operations in metro cities of New Delhi and Mumbai in India, and international operations in Mauritius. Incorporated by the Indian government in 1986 to oversee the operations in metro cities of Bombay and Delhi, now Indian govt holds 100% stake in the company. It is an Indian state owned enterprise. The chairman of MTNL is NK Yadav.
The product offerings of MTNL are telephone, mobile, internet services, broadband and FTTH. It provides services on CDMA and GSM technology platforms through the brand name of dolphin and trump. The service quality of MTNL has improved a lot from the past and now it takes hours to get a new phone connection.
MTNL in collaboration with Blackberry launched blackberry solutions on its 2G and 3G platforms and thereby launching India’s first blackberry bold smart phones. Taking their business forward and facing financial crunches MTNL is looking forward to partnership with BSNL on a revenue sharing basis. It is using the strategy of converting its fixed line users to broadband users to increase their subscription base.
Revenue (in Millions): 31974 INR
Subscribers Base (in Millions): 7.5
Headquartered in Chennai, Aircel is one of India’s largest GSM mobile provider.
The company was found in 1994 and commenced operations from 1999. In 2006, Aircel was acquired by Maxis, Malaysia’s biggest integrated communications service provider and is a collaborated venture with Sindya Securities & Investments Pvt Ltd. The company’s parent body Maxis holds a stake of 74% in the company. The company provides voice, 2G, 3G and 4G data services. Aircel has a huge subscriber base of 65.1 million with presence across 23 circles.
It has the highest share in market in Tamil Nadu and has a significant presence in Odisha, Assam and North East circles. Aircel participated in the auction for 3G licenses in 13 states and has been the fastest telecom in rolling out 3G to its subscribers.Aircel has a special focus on young Indians and has launched innovative mobile utilities which are first of its kind in the industry, such as Aircel Pocket Internet, Aircel Apollo Mobile Health Care, Blyk on Aircel etc. The company was declared the “Best Employer” in 2011 by Aon Hewitt.
Their CSR initiatives include ‘Save Our Tigers’, a campaign to save and grow the extincting population of tigers in India and the “Aircel a+” which aims to provide under privileged youth from rural areas access to computers and internet for educational and developmental purposes. Aircel’s brand ambassadors include Captain of Indian Cricket Team, M.S Dhoni and Tamil actor, Suriya.
Revenue (in Millions): 77670 INR
Subscribers Base (in Millions): 83
6. Tata Communications
Tata Communications is a global company which is headquartered in Mumbai and Singapore.
It has offices in 38 countries with over 8,000 employees and it is valued at $3.2 billion and is listed on Bombay Stock Exchange. It is the flagship company of the TATA group which is worth $103.3 billion. The company was originally called Videsh Sanchar Nigam Limited (VSNL) when it was founded in 1986.
Tata Communications acquired a significant share in VSNL and in 2008, VSNL was completely acquired by the TATA Group and renamed as Tata Communications. Tata Communications provides a wide variety of services including IP, mobility, transmission, converged voice, managed network connectivity, business transformation, managed security and hosting and storage for global enterprises and service providers.
It has a highly advanced submarine cable network with a widespread Tier-1 IP network connectivity across 200 countries with 300 Point-Of- Presence’s. Vulnerability Management Service (VMS) was launched by Tata Communications along with Qualys and it provides companies with cost-efficient and highly detailed methods to control, mitigate and manage risks that are a threat to confidential and integral data assets within an organizational infrastructure. Tata Communications also offers customized network solutions for consumers in various sectors like banking and insurance, media and entertainment which offer unparalleled speed and quality. Over 1600 telecom companies use Tata Communications to connect consumers. It also has built the world’s largest submarine fiber network. It also has 44 data and collocation centres with over 1 million square feet of space.
Revenue (in Millions): 205548 INR
Subscribers Base (in Millions): 62.5
5. Reliance Communications
Founded in 2002, Reliance communications (RCOM) is a telecommunications and Internet Company with its headquarters in Navi Mumbai and it is headed by Anil Ambani.
It provides both CDMA and GSM mobile services to the customers and also have DTH, fixed line broadband and voice services in its portfolio. Like Airtel it also has outsourced majority of operations to other Reliance subsidiaries and Ericsson. It delivers services to both individuals and companies ranging from information communication services to consulting. Currently it is servicing Madhya Pradesh, West Bengal, Himachal Pradesh, Orissa, Bihar, Assam, Kolkata, and North East service areas in India
Reliance communications has taken many initiatives to build a robust system of communication and telephony connecting over four lakhs of villages. Reliance Communications laid the largest optical fiber cable all over India covering over 135,000 kms from 2003-2005. It also reduced its 3G charges by more than 50% to attract subscription. Also, it has pioneered into building the 4G services that will be available pan India by the end of 2017, formerly known as Reliance Infotel Broadband services, Reliance Jio is a Mukesh Ambani initiative in collaboration with Reliance Communications to provide 4G services that will be based on LTE technology.
Reliance communications has its operations spread over India, US, Canada, Australia, UK, Singapore, Hong Kong, New Zealand, Singapore, France, Belgium, Austria, Spain, Ireland and Netherlands with Reliance global call overseeing the international operations. The speed offered by Jio would be far greater than offered by Airtel presently. Recently, it acquired Sistema Shyam Teleservices Ltd (SSTL) MTS thereby increasing its subscription base by more than 8 million.
Revenue (in Millions): 221130 INR
Subscribers Base (in Millions): 118
4. Bharat Sanchar Nigam Limited (BSNL)
BSNL is an Indian state owned enterprise with its headquarters in Janpath, New Delhi.
It started its operations in 2000 when it took over from the former Central Government Departments of Telecom Services (DTS) and Telecom Operations (DTO). Hence, it is the oldest service provider of telephony and fixed line services and under the brand name CellOne it provides GSM cellular services. It also provides CDMA technology with the help of its comprehensive optical fiber network for fixed line and landline services all over India.
It has presence in all the 21 telecommunication circular circles but not in Mumbai and Delhi where it is operated by MTNL. It has the widest network connecting every corner in the country to another with a many customizable tariff plans for customers to choose from according to their preference. It has taken upon itself to provide the telephony and broadband services to rural India bridging the gap between urban and rural segments of the country.
BSNL was also the provider of telegram services since 1855 and it discontinues this service in 2013 foraying into web-based messaging system in 2010 operated through the old telegraph offices. After the boost of mobile industry landline market has been on a decline and thus the market share of BSNL is declining. BSNL was once the largest telecom service provider in the country but now is in the losses from many years.
With renewed focus on connectivity and providing better services to the customer BSNL is working towards gaining its lost market share to private companies like Airtel, Vodafone and Idea. Now, after 10 years of showing losses it has managed to gain an operative profit. It is also planning to partner with technology giants to rollout 4G services in 14 telecom circles.
Revenue (in Millions): 279552 INR
Subscribers Base (in Millions): 93.2
3. Idea Cellular
With 160+ million subscriber base, Idea Cellular is the third largest mobile service provider offering 2G, 3G and 4G services pan India.
With its own ISP license, it also controls its own NLD and ILD operations in India. An Aditya Birla offering, Idea started off with competitors like BSNL and Reliance communications but now has forayed far ahead than these competitors by having a revenue market share of over 18%. Established in 1995, AT&T, Tata group and Aditya Birla has equal equity shares of the company.
After AT&T merger with Cingular Wireless, the equity was split equally between Tata group and Aditya Birla group. Later Tata moved on by launching its own subsidiary Tata Indicom by making Aditya Birla Group the highest stake holder. Originally known as Birla Tata AT&T Ltd Company, it changed its names to Idea Cellular Ltd and launched the brand Idea in 2002 after Birla group became the major stakeholder. After Escorts telecommunications becoming a subsidiary of the group, it was renamed as Idea Telecommunications ltd in 2006.
Idea has also been awarded with the prestigious World Communications Award in 2012, winning it consecutively for the second year. With the launch of mobile number portability (MNP) Idea was able to strengthen its customer base. It also was the first mobile service provider to launch customized offerings for its selected and segmented customers.
Now, Idea has also launched its 4G LTE services in over 350 cities and towns. Recently, Idea has launched operator billing system on Windows store in partnership with Microsoft. Looking at its marketing strategy Idea proposes to promote its brand by tying up with IPL and other major players than promoting its tariff plans and value added services.
Revenue (in Millions): 359671 INR
Subscribers Base (in Millions): 161
Established in 1992, Hutchison Whampoa and the Max group formed a joint venture called Hutchison Max telecom Ltd (HMTL) and started its operations from the city of Mumbai.
In 2005, Essar group became the major partner in metro cities of India and it was renamed as Hutchison Essar Ltd. After many acquisitions in the Indian telecom market it expanded in footprint in the Indian market. Later in 2007, Vodafone became the majority stakeholder and hence it was renamed as Vodafone. Vodafone has become one of the most trusted brands in India being ranked 16th by the Brand Trust Report.
Vodafone India is a subsidiary of Vodafone Group Plc. It is the 2nd largest mobile network in India headquartered in Mumbai. It has a market share of 18.42% and provides Prepaid and Postpaid GSM cellular services throughout India with major presence in metro cities. It has recently rolled out its 4G services in Kolkata in December 2015 and plan to rollout 4G services in other major cities in subsequent months. Also, it launched M-Pesa (digital wallet) in partnership with HDFC and ICICI bank that can be used to recharge mobiles, pay bills and transfer money to other banks. Though, it is limited to a small geographical area, Vodafone will be providing this service throughout India. It has a history of successful advertisement campaigns.
In 2003, its ad featured a pug called Cheeka with a tagline ‘Wherever you go, our network follows”. Even after rebranding, Vodafone continued to use Cheeka in its ad campaigns leveraging on its huge popularity and then they later introduced zoozoos which became an instant hit with the masses.
Revenue (in Millions): 425260 INR
Subscribers Base (in Millions): 184
Bharti Airtel Limited is one of the largest telecommunications provider in the world with the largest mobile network operator in India and the 3rdlargest telecom service operator in the world.
It has its operations in 20 countries across Asia and Africa and according to the Brandz ranking by Millward Brown and WPP Plc. Airtel is the 2nd most valuable brand in India and Airtel is also the first Indian telecom operator to receive Cisco Gold certification. It is a voice and data services provider in Asia and Africa through 2G/3G/4G technologies. In 2011, it has entered into a joint venture with State Bank of India to provide telephony and financial services to millions of unbanked Indians leveraging each other’s strengths.
Established in 1995 and headquartered in New Delhi, formerly known as Bharti Tele-Ventures Limited it changed its name to Bharti Airtel Limited in 2006. A young entrepreneur Sunil Mittal identified the potential of the telecom sector and ventured into it by starting with assembling the push buttons phones in India.
Bharti Airtel provides mobile telephony, fixed telephony, broadband and subscription services through a network of subsidiaries like Bharti Hexacom, Bharti Telemedia and Bharti Infratel Limited. Airtel pioneered the business strategy of outsourcing. It has outsourced all of its business operations except finance, sales and marketing with Airtel’s equipment now maintained by Ericson and Nokia Solutions and Networks, and IT maintained by IBM. Airtel is also popular for its advertisements. In 2011, with the ad “hare k friend zaroori hota hai” it garnered a lot of attention and became popular among the youth.
Revenue (in Millions): 966192 INR
Subscribers Base (in Millions): 324
1) Sample of 15 Telecom companies in India was taken
2) Revenues and Subscriber figures were considered as parameters
3) After taking the average and standard deviation, equal weightage was assigned and final score was calculated.
5) Companies were sorted on the final score.
France is the 7th largest economy in the world and the 2nd largest in the Europe by GDP. It is also the 10th largest economy in the world by PPP terms. Composition of the country’s GDP is on the expenditure side with household consumption incurring 55 percent, government expenditure incurring 24 percent and gross fixed capital formation incurring 22 percent expenditures respectively. The top French companies include brands like BNP Paribas, Credit Agricole, Societe Generale, AXA Group. It also has companies like EDF, TOTAL, EADS along with Sanofi, Renault and Orange. The country’s Exports of goods and services account for 29 percent and imports account for 31 percent of the total GDP. French economy has recovered from the Eurozone crisis with the reviving measures taken by the president Francois Hollande. But, still the effects of Eurozone crisis has led to growth rates below the estimated or target levels in the country. Here is the list of the top 10 companies in France 2016.
Orange S.A. is a global major in the telecommunications industry. It was founded in 1991 and headquartered in Paris, France.
With over 280 million customers, it is one of the largest Telecom and internet service providers in Europe and the world, which has a strong global presence and a high brand recall. The Company also provides telecom services to other multinational companies, under the brand name Orange Business Services. The Company's operations are present in France, Poland, Spain, Belgium, Luxembourg, Central European countries, and few other African & Middle East countries. The range of services the company offers include fixed telephony, mobile telecommunication networks, data transfer and other value added services. The company’s user markets include consumers, Businesses and other services related customers. The company has operations in Belgium with the Brand name Mobistar.
The company currently employs 170,000 employees and is pursuing its business in digital markets. Recent investments in Europe in latest technologies can be seen as indicator of its focus on new markets. Orange plans to introduce 5G in the European market by 2020. The expected changes in Industrial policies in favour of tech startups and entrepreneurship also would help the company achieving its strategic goals in the next 2-3 years.
In 2015, The Company’s revenues grew up to $74.9 billion with the help of its 4G customer segment which grew by 2% year on year to 20 million. Its fibre customer’s network grew up by 2.1% year on year to 2.23 million.
Total Assets: $2166.3 billion
Net Sales: $74.9 billion
Net Profits: $7.4 million
Renault is the world’s leading French automotive and motor carrier manufacturer.
It is headquartered in “Boulogne-Billancourt” and the largest manufacturer and exporter of motor vehicles in France. The firm was originally found by “Renault Brothers” named Louis Renault and his brothers Marcel and Fernand after Louis had built a minicar at home, and since its inception has become a global brand name in the automobile industry worldwide. The first model built by them, used direct transmission, which was an automotive novelty at that time. The firm received its first order in early 90s and soon became a known manufacturer in the industry.
In 1905 the company introduced the first of its two bestselling models in the market which came widely into use as taxicabs. Renault also contributed during World War I by producing shells, aero plane engines, and light weighted tanks. After the war the company continued its expansion of factories and product lines, which included buses, trucks and tractors along with the existing car models.
In 1979, Renault entered into US market by signing an agreement with American Motors Corporation which sold Renault products through its dealer network. In 1987, however, Renault withdrew from its agreement with AMC and announced its plans to buyout other automobile giant Chrysler Corporation. In 1994, the French govt. privatized Renault, by selling the shares until it retained only 50.1% stake in the company.
Over the last decade, Renault has expanded and consolidated its position in international markets, by primarily focusing on markets in China, India, Brazil, Russia and Iran and is expected to continue its expansion in these countries. Its collaboration with NISSAN has also yielded in positive growth by simplifying its penetration in developed markets.
In 2015, Renault group revenues grew up 10.4% to reach $50.3 billion. Its operating margins grew by 5% with the help of registration for 2.8 million units which is 3.3% more than in 2014.
Total Assets: $98.4 billion
Net Sales: $50.3 billion
Net Profits: $3.1 billion
Sanofi is a leading French pharmaceutical company headquartered in Gentilly, France.
Image: company website
The company was founded in 1994 by Jean-Francois Dehecq, and was initially formed by the merger between Sanofi and Aventis in 2004. Later in 2011, the company renamed itself as “Sanofi”, and is currently the 5th largest pharmaceutical group in the world in terms of its sales as per the IMS data. The 3 major business areas the company operates in are Pharmaceuticals, Human Vaccine systems and Animal Health. Human Vaccine systems include vaccines providing protection from 20 infectious diseases covering both bacterial and viral diseases. Animal Health segment comprises of anti-parasitic, anti-infective, anti-inflammatories, and anti-ulcerate vaccines. The company’s increased focus in research and development has allowed it to gradually move from manufacturing traditional drugs to towards manufacturing biotechnological medicines.
The company is known for its commitment in improving access to healthcare and servicing people in dealing with health issues and enable them to lead a healthier life. Operating from disease prevention to treatment, Sanofi has always transformed scientific research into healthcare solutions, in areas like human vaccines, Generics, Sanofi Genzyme, Diabetes, Oncology, multiple sclerosis, immunology, rare diseases, and consumer healthcare.
The company currently employs more than 1.1 lakh people and have nearly 110 industrial sites and 20 Research and Development sites. It has its operations in over 80 nations covering more than 300 million people. Its markets can be segmented into 4 categories with United states covering 36.2%, Western Europe covering 21.7%, Emerging markets covering 32.4%, Rest of the world covering 9.7% of the company’s sales.
Total Assets: $111.2 billion
Net Sales: $40.5 billion
Net Profits: $4.8 billion
European Aeronautic Defense and Space Company known as EADS is a major European Aerospace company registered in Netherlands with its headquarters situated in Toulouse, France.
It is also widely known as Airbus Group SE, which consists of three main business segments, named Airbus Defense & Space, Airbus, and Airbus Helicopters. EADS was originally formed in 2000 by the merger of three companies named Aerospatiale Matra, Construcciones Aeronauticas SA known as CASA and Daimler Chrysler Aerospace AG known as DASA. And, later in 2014, EADS was transformed as Airbus Group. Airbus group builds commercial and military aircraft, space equipment systems, missiles, propulsion systems, and various other defense used products. In terms of sales, Airbus group is the 3rd largest aerospace organization in the world after the other majors i.e. Boeing and Lockheed Martin.
The airbus group has a rigorous policy of doing things right on the first time, delivering the products on time to the clients. It also makes sure that safety is maintained at every step of its manufacturing process. It has developed the ability to minimize its costs and ensure the best quality in the design, manufacturing and performance of its aircrafts. The company has a range of aircrafts namely A320, A330, A340, A350 & A380. The company’s main aim is to become a leader in the commercial aeronautics and defense and space business, using its valued European heritage. In order to achieve it, the company is focusing on globalization, innovation, and value chain optimization & quality services, which will help in improving the performance and returns.
Total Assets: $122.4 billion
Net Sales: $71.5 billion
Net Profits: $3.0 billion
Total is a major integrated Oil and Gas Company in Europe founded in 1924.
It is one of the 7 Supermajor Oil and Gas companies in the world with its headquarters situated in Courbevoie, Paris, France. The company’s birth happened after World War I when the then French Prime Minister wanted to set up an independent oil company instead of making partnership agreement with The Royal Dutch Shell. With operations in more than 130 countries, TOTAL is primarily engaged in four sectors of the oil industry. They include upstream (hydrocarbon exploration, production and development of Oil extraction) and downstream (petrochemicals, refining systems and specialty chemicals), Supply and Marketing (Trading and shipping of Crude oil and petroleum products) and Nuclear Power. TOTAL also operates in the renewable energies and power generation sectors as well.
The company’s primary goal is to become a global leader in energy and integrate its energy segments. In order to achieve its goal, the company depends on its integrated business model, which helps in generating synergies among the different operating segments of its Group. The company derives its business advantage using its operational excellence, its expertise in technology and its ability to manage complex projects.
Total strategically invests in New Energies as part of its long term plan which includes Solar and Biofuel energies to achieve its goal in improving future profitability. As part of the plan, the Group also allocates nearly $500 million of capital expenditure every year in advanced technologies, robust quality platforms for higher returns.
Total Assets: $224.5 billion
Net Sales: $143.4 billion
Net Profits: $5 billion
Electricite de France SA, widely known as EDF, is one of the largest electricity producers in the world.
It was found in 1946 by the then Industrial production minister of France, Marcel Paul and its headquarters are situated in Paris, France. The company was formed as a result of the nationalization of nearly 1700 small domestic energy producers. Before the integration, the company was completely owned by the French government. After the nationalization, EDF was the sole distributor of electricity in France apart from few other local distributors owned by the government. This monopoly was ended in 1999 when the company was forcefully asked to open up its 20% of the business to other competitors. Later, in 2004, the French government gave the status of Limited Liability Corporation as per the state private Laws to EDF. EDF is known as the first producer of renewable electricity in Europe.
The company’s main operations involve generation of electricity, transmission network, distribution systems, Energy supply and trading. Major areas the company operates in are France, Germany, Italy and other European countries along with the operations in partnership with the affiliates in other regions in America and Asia. In Europe, the company mainly uses nuclear and hydraulic production facilities which are very effective in producing 95% of the total electricity generated without CO2 emissions. EDF also generates more than 77% of its electricity from Nuclear power.
The company currently employs over 160,000 as of 2015 serving more than 38.5 million customers across the markets, including nearly 28 million in France. In 2015, The Company has generated consolidated sales of $83.2 billion of which nearly 47% has been generated from other European countries excluding France which is an example of the company’s expansion capabilities in other European countries over the years.
Total Assets: $303 billion
Net Sales: $83.2 billion
Net Profits: $0.66 billion
4. AXA Group
AXA Group is a French multinational Insurance company founded in 1817 by Claude Bebear.
Initially the company was called with the name “the Ancienne Mutuelle”, a group of insurance companies. After acquiring Compagnie Parisienne de Garantie in 1978 and Drouot Group in 1982, the company was named as AXA group in 1985, & the company’s headquarters are situated in Paris, France. AXA group operates mainly in five segments which include International insurance, investment management, Banking and financial services businesses along with other supporting businesses. AXA primary operations are in Europe, North America, and few Asia Pacific nations along with a small reach in the Middle East, Latin America and African regions. The company currently employs more than 1.66 lakh people and serves around 103 million clients in 64 countries.
The motto of the company is to protect the customers: people and Businesses alike in providing life services which would let them pursue their lives and ventures with peace of mind. In order to provide financial security to its clients all along their lives, the company’s markets can be classified as property and casualty, health protection, Banking and asset management. Life insurance, car insurance, property casualty insurance, Wealth or Asset management assistance, retirement products are the types of products the company has in its product portfolio.
As of FY15, AXA Group is the world’s largest insurance group with total assets of $965.4 billion and consolidated sales of $129.8 billion. In Asset management business, It is tenth largest asset management firm in the world with assets around $1484 billion. AXA group is also known for its philanthropic activities in providing financial assistance to research firms, and employee volunteering initiatives based on well-known AXA Heart program. In 2016, the company has decided to stop investing in Tobacco associated company shares in a move to promote pro health policy in its business.
Total Assets: $965.4 billion
Net Sales: $129.8 billion
Net Profits: $5.9 billion
3. Societe Generale
Societe Generale is a leading and oldest French multinational company offering banking and financial services founded in 1864.
The company started off its operations by a group of Industrialists with the intent to Support the Development of Commerce and banking Industry in France. Societe Generale is widely known and called as “SocGen” in the financial markets, & the company’s headquarters are situated in Paris, France. The company provides financial services in all five major banking operations which include Retail banking, Corporate banking, Investment banking, Global investment management and other banking services hence it is recognized as a universal bank. Based on its universal banking model, the Societe Generale group ensures it is putting its resources to efficiently finance the economy and its client’s businesses using the financial strength and network of the company. The company adopted various policies over the years with a strategy to generate sustainable growth and stability in the banking system.
The motto of SocGen is to “Build team spirit together” which focuses on satisfying customers, developing and maintaining long term relationships with its clients, institutions and businesses. The company provides advisory services also along with its primary financial services. Currently, the group employs over 150,000 people and serves more than 31 million customers around the world. SocGen group’s primary operations are in Europe, North America, and Latin America regions along with few other countries in Asia pacific and Africa which accounts to over 66 countries in the world. The company primarily focused on organic growth in its growth history over the years and well known for its efficiency in minimizing Risk, Costs and maintaining capital Discipline.
Total Assets: $1449.6 billion
Net Sales: $28.4 billion
Net Profits: $4.4 billion
2. Credit Agricole
Credit Agricole is an international banking network of French cooperative and mutual banks founded in 1885.
It is nicknamed and famously known as Green Bank as it is historically tied to Agriculture and farming. It is headquartered in Montrouge, France. The company’s birth can be attributed to the scenario in later half of the 19th century, where many French farmers struggled to obtain long term loans, banking credits to help in their farming. After many unsuccessful attempts by the government and various other institutions, Credit Agricole emerged successful in setting up farm unions and local mutual banks. Later in 20th century, the company expanded into multiple banking domains gradually to become a universal bank offering broad range of services in Retail banking, Private banking, Investment banking, Wealth management, Credit cards and mortgage services etc.
The company is a well-diversified international group comprising of 39 cooperative and regional banks. All the group companies are known for their history and culture and also for the commitment and collaboration among the members. The common values all the group companies adopt are Local presence, Agricultural and rural Solidarity, Responsibility. Each of these group companies share these common qualities which are sources of robustness and sustained growth.
The company is primarily operating in France with expanded operations in other European countries. In 2015, the company maintained its growth by generating consolidated sales worth $38.2 billion with a growth of 4.2% percent year on year. Total assets amounted to $1661.3 billion which are the largest for any bank in France.
Total Assets: $1661.3 billion
Net Sales: $38.2 billion
Net Profits: $3.9 billion
1. BNP Paribas
BNP Paribas one of largest multinational bank in the world offering various financial services to the customers.
The company’s Headquarters are situated in Boulevard des Italiens, Paris, France and it was formed with the merger of two companies named BNP and Paribas in 2000. The individual companies were major financial services companies in France before the merger. The BNP Paribas group is organized around two major activities namely Retail Banking and services and Corporate and Institutional Banking. Retail banking segment comprises of Domestic and International Financial services customers. It also engages in investment management services and sovereign debt management products as part of its product portfolio.
The group’s business model associates with serving a diversified client base of nearly 32million customers which includes Individuals, Institutional customers and Business partners. Along with the private banking services the company also has close relations with the French government in providing the required services for the economy and the initiatives taken by the government for the common people. Most of the Small and medium sized companies build their credit network based on the services provided by BNP Paribas. The company has always come up with new financial products in areas like Structured Finance, Foreign exchange products, Risk hedging solutions, fixed income and advisory services.
BNP Paribas group serves as platform for Stock markets to facilitate active trading. It also provides wealth management facilities to selected and diversified clientele. With a presence of over 75 nations, it is one of the most extensive banking networks in the world. The company operates primarily in major European economies i.e. France, UK, Italy, and Belgium along with investment banking operations in London, Paris, Singapore, New York and Hong Kong. The group also has presence in developing economies like India, where it is the 2nd oldest foreign bank to start operations.
Total Assets: $2166.3 billion
Net Sales: $74.9 billion
Net Profits: $7.4 billion
A sample size of 20 biggest French companies were taken for analysis. 3 major parameters for companies are its value of assets, ability to generate sales and Profits. The data on these 3 parameters have been collected in Billion US dollars for the financial year 2016.
Weightage given to each parameter.
Total Value Assigned = 0.4*Total Assets+0.3*Net Sales+0.3*Net Profits
The final ranking was arrived based on the value derived from the above formula.
UK is one of the most development markets for cars and automobiles. Some of the leading brands have a strong foothold in the British automobile market. The top car & automobile brands in UK include BMW, Ford, Mercedes Benz and Audi, followed by Volkswagen, Jaguar-Land Rover, Nissan, General Motors, Toyota and Renault. Here is the list of the top 10 automobile companies in UK 2016.
Renault is a French automobile maker which manufactures vehicles for commercial and utility purposes.
The company has its headquarters in Boulogne-Billancourt, France, and as a group operates mainly because of its alliances and stakes in other companies. In South Korea, it manufactures vehicles in association with Samsung, AvtoVAZ in Russia, and Dacia automobile in Romania etc. It has stakes in Nissan, Daimler, and Volvo. Carlos Ghosn is the current Chief Executive Officer of the group. The French government owns about fifteen percent stake in the company. It is a public company and is traded on the Euro Next Stock Exchange.
Renault was founded by Louis Renault and his brothers in the year 1899. They started building vehicles and became popular as taxi vehicles in France. Later the company started building tractors, buses and trucks for commercial purposes. They have also built engines for aircrafts during the World War period. In 1990s, Renault signed agreements with Volvo to share their technological expertise. There were talks to merge both Volvo and Renault but shareholders of Volvo rejected it. The company was then looking for alliances when it found Nissan. Nissan was in deep financial crisis at that time. The Renault-Nissan alliance is considered one of the successful in the business world. The alliance is said to sell one out of ten cars sold throughout the world. The alliance entered into an agreement with Russia’s biggest selling car brand AvtoVAZ thus capturing the Russian market.
Renault also takes active part in motor racing events and develops engines for many teams. The company has its own Formula One team. It organises and sponsors Formula One racing events by itself. It is the leader in sales of electric car vehicles in Europe. Some of the successful passenger car models of Renault are Clio and Migane. In India, Renault had an alliance with Mahindra and Mahindra.
Number of Units Sold: 128269
Revenue (million $): 2386.56
Profit before tax (million $): 172.22
Toyota Motor Corporation is a Japanese automaker which sells its vehicles worldwide.
The company has its headquarters in Aichi, Japan, and is the first company in the world to have produced ten million vehicles in a year. It is the biggest listed company in Japan in terms of market capitalisation or in terms of revenue. The company is listed on both Tokyo Stock Exchange and New York Stock Exchange. The company went public in the year 1949. Akio Toyota is the current Chief Executive Officer.
Toyota was founded in the year 1937 by Kiichiro Toyoda which was a spin off from its father’s business. The company produces and markets its vehicles under five brands namely, Lexus, Scion, Hino, Ranz and Toyota. The company also has joint ventures and holds stakes in companies like Isuzu, Daihatsu, Yamaha, Tesla, Sichuan. In India, it has a joint venture with Kirloskar group. The company also has a financial services division.
Toyota Production Systems, Just In Time and Lean Manufacturing are the words that strike one’s mind when talked about Toyota. The Japanese company uses a very different way of production called Just In Time production system that reduces flow time and minimises waste. This helped the Japanese automakers to give a stiff competition to United States automakers in 1980s. Toyota is also the world’s leader in sales of hybrid electrical vehicles under the brand name Prius. It is also actively involved in producing hydrogen fuel cell engines. Toyota also manufactures and sells luxury cars under its Lexus brand, trucks and buses. It also sponsors many racing events worldwide. The company supports a number of philanthropic activities in Japan.
Number of Units Sold: 99062
Revenue (million $): 2388.43
Profit before tax (million $): 250.87
8. General Motors
General Motors (commonly referred to as GM) is an American automaker which designs, manufactures and sells vehicles, vehicle components worldwide.
The company has its headquarters in Michigan, United States, and the company has about thirteen brands under its belt and a number of joint ventures with companies across the world. Some of its famous brands include Vauxhall, Chevrolet, Cadillac, Opel, GMC, Alpheon etc. It is a publicly listed company and is traded on the New York Stock Exchange. Mary Barra is the current Chief Executive Officer.
General Motors was formed in 1908 by William Clark Durant and few others. He later acquired other automobile companies and built GM as a strong brand in America. The company had led global auto sales for almost 80 years starting from 1930. In 2009, the company went bankrupt and was backed by United States government. Later that year, the company announced an IPO and returned to profitability the next year. GM operates with the brand names Opel and Vauxhall in Europe, Buick and Wuling in China. GM also has a financial services division.
General Motors had also participated in a number of racing and sporting events till now. GM has also taken many initiatives to conserve environment. Most of its production wastes are either refilled or recycled. General Motors is the first company in automobile world to introduce an all- electric vehicle. It was also the first company to try out a hydrogen fuel cell to power up the engine. GM and Honda had an agreement to mass produce hydrogen fuel cells to be used in vehicles by 2020. Currently, GM ranks no.1 in hydrogen fuel cell technology. General Motors also has a seven percent stake in Europe based automobile company, PSA Peugeot.
Number of Units Sold: 312000
Revenue (million $): 5178.04
Profit before tax (million $): -225.07
Nissan motor company is a Japanese automobile manufacturer with a worldwide presence.
The company’s headquarters are located in Yokohama, Japan, and the company markets and sells its brands under the names Nissan, Infiniti and Datsun. It is a publicly listed company and is traded on the Tokyo Stock Exchange, and Carlos Ghosn is the current Chief Executive Officer. In 1934, Yoshisuke Aikwa founded Nissan Motor Company and became operational from 1935 after the construction of its own manufacturing plant. It started expanding into foreign territories with its Datsun brand by making changes to match the local needs. The 1973 oil crisis also helped Nissan and other Japanese automakers since their engines were fuel efficient and the cars were small. The U.S automakers were not able to match these specifications at a faster rate. This led the Japanese automakers including Nissan to expand into other countries rapidly.
In 1999, Nissan faced severe financial problems. It then entered into an alliance with the French automaker Renault. The Renault-Nissan alliance is considered one of the successful in the business world. The alliance is said to sell one out of ten cars sold throughout the world. The alliance entered into an agreement with Russia’s biggest selling car brand AvtoVAZ thus capturing the Russian market. In India, Nissan has a joint venture with Ashok Leyland producing commercial vehicles. The company is also known for producing sports cars under the brand name GT. The Nismo division of Nissan produces sports vehicles. In addition to passenger and commercial cars, the company also manufactures and sells trucks and buses. It is also involved in producing electric cars and it holds about forty percent market share in this segment.
Number of Units Sold: 165504
Revenue (million $): 4549.23
Profit before tax (million $): 273.54
6. Jaguar Land Rover
Jaguar and Land Rover are two British luxury car manufacturers which were merged to form Jaguar Land Rover in the year 2002.
Later the company was bought by Indian conglomerate Tata Motors in the year 2008, and now, Jaguar Land Rover is a wholly owned subsidiary of Tata Motors. The company has its headquarters in Whitley, United Kingdom & Ralf Speth is the current Chief Executive Officer. Before the merger of Jaguar and Land Rover, Jaguar was a subsidiary of Ford Motor Company and Land Rover was a subsidiary of BMW Motors. In 2000, Ford acquired Land Rover from BMW and the subsidiary was named Jaguar Land Rover in 2002 by combining both Jaguar and Land Rover divisions. Ford incurred huge losses with the subsidiary and sold it off to Tata Motors in 2008.
After the company was acquired by Tata Motors, it has been in a profit path till now and never incurred losses. It has six manufacturing facilities worldwide.
Jaguar was initially founded as Swallow Sidecar Company in 1922 which was later merged to become British Leyland in 1975. Jaguar also participated in many racing events and won many championships. It also designed engines for many vehicles. On the other hand, Land Rover car design was first formulated in the year 1948 by Rover Company. But the company Land Rover took its shape in 1978. Most of the Land Rover vehicles are also used for military purposes in addition to commercial and passenger needs. According to United Kingdom government estimates, Land Rover is one of the safest vehicles to drive and the accident rate is very minuscule. Land Rover also has a coffee company division.
Number of Units Sold: 100636
Revenue (million $): 6653.4
Profit before tax (million $): 466.47
Volkswagen is a German automaker which manufactures and sells passenger and commercial vehicles under the brand name Volkswagen.
The company has its headquarters in Wolfsburg, Germany, and in German language, Volkswagen means “people’s car”. It is a publicly listed company and is traded on Frankfurt Stock Exchange, and Matthias Muller is the current Chief Executive Officer of the company. Volkswagen was founded in 1936. During that time, there were only luxury cars being sold in Germany and only super rich people were able to afford a car. The German Labour Front then created the people’s car; Volkswagen by bringing independent car projects together thus manufacturing Mercedes, Adler, Steyr, Hanomag etc.
Now, the Volkswagen group is also the in charge of brands like Audi, SEAT, Bugatti, Lamborghini, Skoda, and Bentley. The group is the largest automaker in Europe. Among all the car models Volkswagen had sold, Beetle is the most famous. It was one of the highest selling models for Volkswagen so as Mustang is to Ford. Another model is the Golf, which is even now manufactured and sold. The model Polo is also a big hit. Jetta, Scirocco, Passat were other famous models. Volkswagen is famous for its fuel efficient engines.
Volkswagen shares a very interesting relationship with Porsche. Porsche is the company founded by Fedrinand Porsche, one of the members of German National Front. Porsche maintains a stake in Volkswagen group and Volkswagen maintains a stake in Porsche so that no other companies can make a hostile takeover on both companies. Sometimes, it looked as if Porsche tried to take over Volkswagen and there had been many court proceedings as well. Finally, Volkswagen acquired Porsche in 2011.
Number of Units Sold: 521345
Revenue (million $): 11237.66
Profit before tax (million $): -313.52
Audi is a German automaker which manufactures and sells luxury vehicles. The company has its headquarters in Bavaria, Germany.
The company also produces sports vehicles and is a very well recognized automobile brand not only in Europe but all across the world. It is a publicly listed company and is traded on the Frankfurt Stock Exchange, and Rupert Stadler is the current Chairman of the board of management of the company. Audi means Listen in Latin. In India, the company has a manufacturing plant in Aurangabad.
Audi was originally founded as Auto Union in the year 1932. It was founded by August Horch and two others. The company was renamed to Audi in 1965 when it launched the first Audi car. Audi was formed by merging four independent automakers Audi, Horch, DKW and Wanderer. This merger is symbolised by the company logo consisting of four rings. In 1958, Daimler-Benz took the controlling stake in auto union but after few years, it had to sell off auto union since it lacked profitability. In 1964, Volkswagen acquired about fifty percent stake in auto union. In 1969, auto union merged with NSU motor works, which was then the largest two wheeler manufacturer and was producing small cars. The new merged company was called the Audi NSU.
From 1990s, Audi took a shift in its perspective and started to compete with Mercedes Benz and BMW in the luxury car segment. It has truth in engineering as its tag line. Audi has also developed a technology to produce synthetic diesel using water and carbon dioxide. Audi is also heavily involved in motor sport racing events. Most of the cars with engines designed by Audi won many championships. Audi is also a sponsor for number of football teams.
Number of Units Sold: 166817
Revenue (million $): 6195.9
Profit before tax (million $): 562.14
3. Mercedes Benz
Mercedes-Benz is a German automobile manufacturer and is a division of the company Daimler.
Mercedes-Benz is well known for its luxury vehicles, trucks and buses, and is an aspirational brand for people all across the world. The company has its headquarters located in Stuttgart, Germany and the slogan of Mercedes-Benz is “the best or nothing” is recognized across the world. Dieter Zetsche is the current chairman. The company also has a financial services division.
The history of Mercedes-Benz dates back to 1886 when Karl Benz created the first petrol powered car. Gottlieb Daimler also had a helping hand in this. The first Mercedes was marketed by Daimler in 1901. All the cars produced thereafter are well known for their quality and durability. Some of the famous Mercedes-Benz vehicles include the GLC class luxury cars, Sprinter for cargo transportation, Zetros for snow ploughing, Unimog for all type of road conditions etc. Mercedes-Benz also has another brand called Maybach under its portfolio which is known for ultra-luxury cars. In India, it has manufacturing plants in Pune and Chennai.
Mercedes has been associated with Formula one for a long time. It has also won some championships. The famous world champion Michael Schumacher drove for Mercedes team from 2010 to 2012. In addition to that, the company also supplies engines to other formula one teams. Mercedes-Benz sponsors the German National Football team. It is the only automaker to design and manufacture bicycles too. It introduced them in 2005 for fitness and trekking purposes. The company is also involved in the process of launching an all-electric vehicle.
Number of Units Sold: 154000
Revenue (million $): 7415.95
Profit before tax (million $): 701.34
Ford Motor Company is an American automaker which manufactures and sells passenger and commercial vehicles under the brand name Ford.
The company has its headquarters in Michigan, United States and is a public company and is listed on the New York Stock Exchange, which not only shows its strong financial position but also it global appeal among car lovers. William Ford is the current Executive Chairman and Mark Fields is the current Chief Executive Officer. Founded by Henry Ford in 1903, the company has a standalone reputation in auto industry. The company was the first to invent a moving assembly line to integrate the car parts. The company went public in 1956. The company today owns many brands like Lincoln, Troller, FPV, Mercury etc. apart from Ford brand. The company also owns stakes in other automobile companies like Aston Martin, Mazda, and Jiangling etc.
It also has joint ventures to support automobile operations in companies present in countries like China, Taiwan, Thailand, Turkey, and Russia. The company once owned United Kingdom’s luxury car makers Jaguar and Land Rover but they were sold off to Tata Motors in 2008. The company also owned Volvo till 2010. It also operated luxury car operations under the brand name Mercury till 2011 after which it was discontinued.
Talking about Ford’s cars, Mustang series is the one which made the company standout in 1970s. Mustang is the only series of cars which continues to be produced even now for the last five decades. Besides cars, the company also manufactures trucks, buses, tractors and automotive parts. It also has an automobile finance company called the Ford Motor Credit Company. Ford also took active part in Formula One Sports racing events by supplying engines to its racing teams. It owned a company called Cosworth which designed, manufactured and supplied engines to sports cars. Ford had also sponsored many sporting events and had been sponsoring UEFA Champions League for over two decades.
Number of Units Sold: 447000
Revenue (million $): 9469.93
Profit before tax (million $): 554.05
BMW is a German automaker known for manufacturing and selling luxury vehicles. The company headquarters are located in Munich, Germany.
It also sells motor cycles along with cars in the luxury segment, which are among the most popular car brands across the world. It also the parent company for the world famous Rolls Royce motor cars, and the company also owns the Mini car brand which is famous in the United Kingdom. BMW is traded on the Euro 50 Stock market index. Norbert Reithofer is the current supervisory Chairman.
The company’s founding days date back to 1917. It was initially started as an aircraft manufacturing business firm. After World War 1, it was forced to stop its operations. Then, it entered the automobile business. The first BMW car went on to roads in the year 1923. But, it continued producing aircraft engines till the end of World War 2 in 1945. In 1958, the company’s automobile division went into a financial crisis and the then board thought of shutting down the business. Then, it started producing the tiny cars which helped the company get back on track.
In 1994, the company purchased the British Rover Group that consisted of the brands Rover, Land Rover, MG, Austin and Morris. But by 2000, the group was incurring huge losses and it had to sell of the entire brands under the group. BMW is actively involved in sporting and racing events. The company has its own racing team and runs its own races. Many of the BMW powered engines won titles in Formula one racing. BMW holds a record to be ranked as world’s most sustainable company in automobile industry for many years. BMW sponsors the Bundesliga football club.
Number of Units Sold: 230982
Revenue (million $): 10894.12
Profit before tax (million $): 1090.18
1.All leading brands which sold cars in UK are considered
2.For each company, the number of units sold, revenues and profit before tax were considered, and were normalized to the highest value
3.Weights were assigned to each parameter i.e. Units sold (20%), revenue (40%) and profit (40%).
4.Based on this a final score was calculated and the top companies were ranked
The insurance industry is one of the biggest money-spinning industries in India, with millions of people insuring their lives, health, homes etc against any tragedy or calamity. Over the years, insurance companies have established a stronghold for themselves providing customized services to individuals as per their requirements. The top insurance companies in India are Life Insurance Corporation (LIC), ICICI Prudential Life Insurance, SBI Life Insurance, HDFC Life Insurance and Bajaj Allianz Life Insurance. The other Indian insurance brands include Max Life Insurance, Birla SunLife Insurance, Oriental Life Insurance, Kotak Life Insurance and Aviva Life Insurance. Here is the list of the top 10 insurance companies in India 2016.
10. Aviva India Life Insurance
Aviva India Life Insurance is an Indian company which is one of the leading insurance companies present in India.
Image: company logo
It is formed by the joint venture between Aviva Group which is an Insurance group based in UK and Dabur Invest Corp which is one of the India’s most respected and oldest business houses. It was headquartered in Gurgaon and came into existence in the year 2002, and since then has been a pioneer in the industry. Aviva has multi-channel distribution network through Direct Sales Force, Assurance and Online channels. It has a strong sales force which includes more than 9000 financial planning advisors and many Bancassurance partnerships with banks like IndusInd Bank, DBS Bank and RBS. It has total of 121 branches spread across India.
Aviva has product offerings both for Individuals and Groups which includes Child, Savings, Protection, Retirement, Rural, Health and Term Plans.
Aviva is also focussed towards its online platform which includes products like Aviva Health Secure, Aviva i-Shield, Aviva i-Life and Aviva i-Growth. Their strategy is to focus on new formats which are easy to understand by the customers.
Aviva also focus on its promotion of brands and products through its advertisements featuring Sachin Tendulkar who is the brand ambassador.
Aviva is socially working towards educating the underprivileged children under the programme named Street to School where it collaborates with NGO’s to work for the cause. Aviva also conducts Great Wall of Education in different cities each year which collects books for the underprivileged children and has reached to more than 550000 children.
Income (in INR '000)= 2522966
Net Profit (in INR '000)= 1854936
9. Kotak Life Insurance
Kotak Life Insurance or Kotak Mahindra Old Mutual Life Insurance is an Indian insurance company, which has steadily become one of the leading players in the industry.
Image: company logo
It was formed in 2001 by the JV between Kotak Mahindra Bank Limited (74%) which is one of the leading financial services and banking organisation and Old Mutual (26%) which is an international investment, long term savings and protection group from South Africa. The headquarters of Kotak Life Insurance is in Mumbai. It is one of the fast growing insurance companies and is trusted by more than 4 million policy-takers worldwide. It has been provided differentiated services to its customers through its understanding and high customer empathy, exceptional services and its portfolio of products that give the power of long term savings and protection at the same time. It has one of the best claim ratios and its product line consists of Group, Investment as well as Insurance Plans.
Some of the Life Insurance Plans which are offered include Platinum, Saral Suraksha, Assured Savings and Invest Maxima Plan.
Kotak life Insurance distributes its products through insurance agencies, branch offices, insurance brokers and individual agents. It has its offices spread over 400 towns and cities in India. It also launched a TV campaign “Koi Hai Hamesha” and new plan known as “Kotak Premier Life Plan” which allows customer more benefits. It has always believed in its strengths like innovation which is the reason for success for this company over the years.
Income (in INR '000)= 2746805
Net Profit (in INR '000)= 2507469
8. The Oriental Insurance Company
The Oriental Insurance Company was established on 12th September 1947 in Mumbai.
Image: company logo
Its headquarters are located in New Delhi, and it is a government owned non-life insurance company and was formed to perform general insurance business. With a first year premium of close to one lakh, the company made a decent beginning in 1950. It is specialised in designing special covers for huge projects like petrochemical, power plants, chemical and steel plants. It was LIC’s subsidiary from 1956 to 1973 and now all shares from General Insurance Corporation are transferred to central government in 2003.
The company is famous for its well-designed systems for smooth functioning of the business. It also has a highly skilled and trained workforce for the best customer service. The company has developed various insurance plans both for rural and urban populations in India. Some of the products are Motor Insurance policy, Personal Accident policy, Individual Mediclaim policy, Shopkeeper policy, and Household policy as well as Nagarik Suraksha policy.
With a goal of “Service to clients”, Oriental Life Insurance Company has expanded its distribution network and now it has around 30 Regional Offices and more than 1800 operating offices in different cities in India. It has also ventured overseas market with operations in Dubai, Nepal and Kuwait. Thus it emerged as one of the leading insurance providers in the country also using its international capabilities.
Income (in INR '000)= 2320911
Net Profit (in INR '000)= 3004910
7. Birla Sun Life Insurance
Birla Sun Life Insurance is one of the leading insurance companies in India, which is backed by the prestigious Aditya Birla Group.
Image: company logo
The company was formed in the year 2000 as a joint venture between Aditya Birla Group which is a globally known and trusted multinational company and Sun Life Financial Inc which is one of the top financial services company from Canada. The company has its headquarters in Mumbai. It is one of the seven companies that represent Aditya Birla Financial Services Group which is the financial arm of Aditya Birla Group. With a huge customer base of more than 2.5 million, Birla Sun Life Insurance is ranked as one of the most innovative companies and had set benchmarks in the industry. It was the pioneer in launching the Unit Linked Life Insurance Plans.
Birla Sun Life Insurance offers various products offering children future solutions, wealth with protection, retirement as well as health and wellness. Some of the best known plans are Vision Star, Protector Plus, Wealth Max and Fortune Elite which are offered by the company.
BSLI has its reach in over 500 cities with more than 600 branches, 10500 advisors and around 150 partnerships with brokers, banks and corporate agents.
BLSI has plans for employees that increase their brand productivity and loyalty and has been recognised for being the third most trusted Life Insurance in most trusted brands conducted by AC Nielsen in 2013.
Income (in INR '000)= 4994625
Net Profit (in INR '000)= 1399994
6. Max Life Insurance
Max Life Insurance is one of the leading private Life Insurance companies in India, and has grown rapidly.
Image: company logo
The company was founded in 2000. It was a joint venture between Max Financial Services Limited which is a part of Max Group, a leading Indian multi-business corporation and Mitsui Sumitomo Insurance which is a part of MS&AD Insurance Group, a leading general insurance company in the world. It has more than 200 offices across the country which offers superior investment expertise. Through its multi-distribution channel which is based on three pillars- Bancassurance, Agency and Partnership distribution, it offers long term savings, retirement and protection solutions.
The company has a vision to be life insurance company which is most admired by the people by securing future of customers financially. It has customer centric approach focused on quality service and advice-based sales delivered through superior human capital. Some of the insurance plans offered by the company include Maxis Super, Whole Life Super, Super term and Fast Track Super Term Plan.
Max Life Insurance had entered the E-commerce space by launching “Max Life Term Plan” online in 2013. It has been the winner of many awards for being best life insurance company and settling most claims in 2015. It also helps the underprivileged children through its CSR activities by working closely with Max India Foundation. It also started immunisation programme to protect people against major diseases.
Income (in INR '000)= 5543557
Net Profit (in INR '000)= 4391104
5. Bajaj Allianz Life Insurance
Bajaj Allianz Life Insurance was established in the year 2001 and has ever since been a strong player in the Indian insurance industry.
Image: company logo
It started as a joint venture between Bajaj Finserv Limited which is owned by Bajaj Group in India and Allianz SE which is a Europe based financial services company. It is one of the leading private Insurance companies in the world and is headquartered in Pune. It offers many products that includes Savings Plans, Term Insurance Plans, ULIP, Child Insurance Plans, Group Insurance Plans, Savings Plans, Investment Plans, Retirement Plans, CSC Bachat Plus as well as Micro Insurance Plans.
Some of its famous insurance plans are Fortune Gain, Save Assure, and iSecure, Retire Rich, Principal Gain, Lifelong Assure and Bima Dhan Suraksha Yojana. Bajaj Allianz’s guiding principle is customer delight. Every product and plan is tailor made to meet the needs and requirements of the valued customers.
The company today has more than 750 branches across the country and has been awarded many a times for its work. It has been recognised as most promising brand by Economic Times and Best Life Insurance Company in the Private Sector in 2015.
The company has been continuously involved in CSR activities for the disadvantaged or underprivileged sections of the society mainly those residing in rural India through capacity building. Its channel partners includes Dhanlaxmi Bank and Corporate agents. Its slogan is “Jiyo Befikr” and it thus follows it to reduce tensions of customers and help them lead a stress-free life.
Income (in INR '000)= 7873964
Net Profit (in INR '000)= 5642248
4. HDFC Life Insurance
HDFC Life Insurance Company was established in the year 2000 by Hasmukhbhai Parekh and is headquartered in Delhi.
Image: company logo
Its key products includes individual as well as group plans. HDFC Life Insurance was formed as a joint venture between HDFC (Housing Development and Financial Corporation) which is one of the leading financial institutions in India and Standard Life which is the leading investment and financial savings firm in United Kingdom. Currently HDFC holds 61.63% and Standard Life holds 35% of the total equity in the Joint Venture and the rest is held by others.
HDFC Life distribution channel includes a multichannel network that consists of Direct Channels, Insurance Brokers, Bancassurance partners, Online Insurance platforms and Insurance Agents. It has more than 400 branches and is present in around 1000 towns and cities in India.
HDFC Life Insurance products includes Health Plans to meet health related emergencies, Retirement Plans for after retirement life, Investment Plans to better plan savings to reach financial goals, Women’s Plans that cater to various financial needs of women, Children’s Plans that meets children’s future as well as Rural and social plans that aims rural customers.
HDFC Life became famous by its TV advertising campaign “Sar utha ke Jiyo” and won many awards for being one of the most trusted brands of India. With the launch of new two pension plans- HDFC Life Pension Single Premium Super and Super Plus, it became first private player to bring these plans under new regulatory schemes in 2012. It also focuses on its CSR activities to improve the conditions of the society.
Income (in INR '000)= 8976302
Net Profit (in INR '000)= 8184033
3. SBI Life Insurance
SBI Life Insurance is a Life Insurance company which is one of the most popular brand names owing to its link with SBI.
Image: company logo
It was formed by the joint venture between State Bank of India which is the largest state owned BFSI (Banking and Financial Services Company) in India and BNP Paribas Cardiff which is a French BFSI company headquartered in Paris. SBI owns nearly three-fourth and BNP Paribas Cardif owns the remaining percentage of the total capital. It was founded in 2001 and is headquartered in Mumbai. SBI Insurance has its multi distribution model which includes retail agencies, institutional alliances, corporate solutions and bancassurance distribution channels. It uses SBI group relationship as platform to cross-sell its products like Individual and Group Plans along with personal and housing loans. It also uses SBI’s accounts base for Insurance penetration in every region across the country and offers door to door Insurance solutions to its customers.
SBI Life Insurance has been successful because of its vision to become the most trustworthy Insurance provider and its values which is based on five core fundamentals- Ambition, Innovation, Dynamism, Excellence and Trustworthiness.
It has been the winner of many awards for being the most trusted brand and Best Private Life Insurance provider. Some of the Life Insurance plans that SBI offers includes Grameen Bima, Smart Shield, Saral Maha Anand and Smart Elite.
It also takes various CSR initiatives from time to time towards education, healthcare as well as employability for youth. It also distributed braille kits for visually impaired people.
Income (in INR '000)= 9912986
Net Profit (in INR '000)= 8610342
2. ICICI Prudential Life Insurance
ICICI Prudential Life Insurance is a company formed by the joint venture between ICICI Bank which is one of the largest private bank in India and Prudential.
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ICICI Prudential life started its operations on 12th December 2000 and is one of the leading players when it comes to Life Insurance sector in India since private players entered. It is headquartered in Mumbai in the state of Maharashtra, and has assets of more than 1 Lakh Crores and has maintained a firm position in the Industry. It has plans which are designed for just-married couples, new parents, newly employed individuals and parents who are in their golden years.
ICICI Prudential Life includes key products such as Term Plans which is valid for a specific term, Group Plans that is mainly to insure employees, Wealth Plans that focus on generating wealth through investment in mutual funds or stocks, Retirement plans that focus on after retirement life and Rural Plans that insure rural people.
ICICI Prudential Life has won many awards and accolades for being one of the top valuable brands in India. In 2016, its iProtect Smart, its new-age Life Cover Plan was recognized as product of the year.
The success of the company accounts to its vision of becoming a world-class trust worthy brand and its values which includes five core values- Humility, Customer First, Boundary-Less, Integrity and Passion.
ICICI Prudential is also involved in many CSR activities to support social and economic development in India so that large number of people benefit from these opportunities.
Income (in INR '000)= 18095836
Net Profit (in INR '000)= 16501455
1. Life Insurance Corporation (LIC)
Life Insurance Corporation or LIC is the leading life Insurance company in India.
Image: company logo
It is a state owned Insurance group which is headquartered in Mumbai, and offers wide variety of Insurance products like Pension Plans, Special Plans, Unit-Linked Plans, Insurance Plans and Group Schemes. It was founded in 1956 after Indian Parliament passed Life Insurance Act which nationalised Indian private Insurance Industry. Insurance Plans provides insurance to individual customers on the basis of their needs and requirements. Special Plans are opportunities that is a perfect blend of Investment and Insurance. Pension Plans are basically for senior citizens who want to plan a better future. Unit Plans are basically to see the savings yield benefits and for saving taxes when people do not have consistent income.
Currently LIC has more than 2000 branch offices and around 110 divisional offices around the country. It has also tied up with few banks and service providers to offer online premium facilities in selected cities. With a vision to provide easy access to its customer, LIC launched its Satellite Sampark offices. LIC has a slogan in Sanskrit which means “Your welfare is our responsibility” and it takes care of all its customers with different policies like Jeevan Sangam, Jeevan Rakshak, Jeevan Lakshya and Bima Bachat.
LIC also has awards and accolades in its name for being the most trusted brand of India and it also took initiatives like establishing Golden Jubilee Foundation as a charity organization with the aim to reduce poverty and promote education.
Income (in INR '000)= 18354345
Net Profit (in INR '000)= 18235084
1.Top 15 insurance companies are selected and parameters like income and net profits are chosen
2. The parameters taken are Revenue and Net Profit and they have been given a weightage of 40% and 60% respectively. Revenue is basically the Premium earned by the companies.
3.Once the final score is calculated, the top 10 insurance companies are found out
Indian economy is considered to be the fastest growing economy in the world and the Indian real estate market has become one of the most preferred destinations in Asia for investment. This market is expected to touch a whopping USD 180 billion by 2020. Also the Government of India has taken several steps to ensure development in the sector. The development of 100 smart cities under the Smart City Project is the best example for this. The top real estate companies of India are DLF, Oberoi Realty, Godrej Properties, Prestige Estates Projects & Indiabulls Real Estate along with HDIL, Sobha, PNC Infratech, Omaxe and Brigade Enterprises. Here is the list of top 10 real estate companies in India 2016. The list is prepared based on the market capitalization value of the companies.
10. Brigade Enterprises
Brigade Group is one of the leading property developers in India and the Brigade Enterprises Limited is the main company of the Group.
Image: company website
The company headquarters is in Bangalore and has its presence in Dubai and USA also. The company was originally established as a partnership firm with the name Brigade Enterprises in 1990, and the company went private in 1995 and later was changed to public limited company with the present name in 2007. It is the first company in South India and third in the country to receive the ISO 9001 certification in 1996. M.R. Jaishankar is the Chairman and the Managing Director of the company.
The company has quality policy of total customer satisfaction and continuous improvement in its services. Its core values include quality, fair, innovative, responsible socially and trustworthy. The company has presence in several cities in South India. The major cities include Chennai, Mangalore, Mysore, Hyderabad, Kochi and Chikmagalur. It has projects in the residential, commercial, retail and hospitality sectors. It has about 39 major projects in total and has completed 17 projects so far. It has 27 projects in the residential segment and some of the projects in this segment are Brigade Altamont, Brigade Caladium, Brigade Exotica, Brigade Golden Triangle and Brigade at No. 7. Commercial segment has 8 projects and Brigade IRV Centre, Brigade Magnum, Signature Tower Brigade and Brigade Opus are some projects. Orion East Mall, Arcade at Brigade Meadows, Brigade Vantage and Nalapad Brigade Broadway are the 4 projects in retail segment. WoodRose Club, Augusta Club and Galaxy Club are three of the 7 projects in hospitality segment. Besides the company has established three schools in Bangalore.
Market Capitalization Value: INR 1743.55 Crores
Omaxe is one of the leading Indian real estate companies and was incorporated as Omaxe Builders Private Limited in 1989.
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The company went public in 1999 and the name was changed to Omaxe Construction Limited, and the name was later changed to Omaxe Limited in 2006. The corporate office of the company is in New Delhi, and Rohtas Goel is the Chairman and Managing Director, and also the founder of the company. Mohit Goel is the Chief Executive Officer of the company. The company has projects in residential, integrated townships, hi-tech city and commercial segments. It also takes contract construction projects. It has presence in 8 states covering 27 cities. It has delivered projects that cover area of about 64.60 million square feet that in real estate and 31.80 million square feet as third party contractor.
Currently it has 39 ongoing projects comprising 13 in group housing, 16 in integrated township and 10 in commercial malls/hotels/SCOs (shop cum offices). Some of the ongoing projects in integrated township segment are High Street Apartments, Omaxe City – City Homes, Omaxe City – Omaxe Avenue and Omaxe City – Executive Homez. Omaxe Greens, Omaxe Heights, Omaxe Royal Residency and Omaxe Shubhangan are some ongoing projects in residential segment. Ongoing projects in commercial segment are Omaxe Mall, Omaxe Palm Court and Omaxe Novelty Mall. Along with the new construction projects the company also undertakes redevelopment projects. In New Delhi it offers this service through Omaxe Capital Redevelopment. It involves redesigning the societies, residential colonies and complexes to create more usable spaces in the existing infrastructure.
Omaxe has won the Special Jury Award for excellent contribution to real estate in Tier 2 and Tier 3 cities at Property Awards 2015.
Market Capitalization Value: INR 2810.27 Crores
8. PNC Infratech Limited
PNC Infratech Limited is an Indian infrastructure construction, development and management company and has headquarters in Agra (Uttar Pradesh).
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It was incorporated in 1999 as PNC Construction Company Private Limited, and the company went public in 2001 and the name was changed to PNC Construction Private Limited. The name was once again changed in 2007 to PNC Infratech Limited, and Pradeep Kumar Jain is the current Chairman and Managing Director of the company. The company has integrated business model comprising in-house design and engineering, in-house construction, own raw material sourcing and equipment bank. It has a vision to be amongst top five infrastructure development and construction companies by 2020 and strives to achieve this with the growth strategy of strong relationship, competitiveness, focused approach and diversification. It has earned reputation in the market for timely completion of the projects undertaken.
The company has done projects in areas of highways, bridges, flyovers, airport runways, industrial areas and transmission lines. It has executed 51 infrastructure projects that span across 13 Indian states. Some of the major clients of the company are National Highway Authority of India (NHAI), Airports Authority of India (AAI), UP Power Corporation Limited and P.W.D. UP and Madhya Pradesh Road Development Corporation Limited. In roads and highways sector it has completed 31 projects. In power transmission sector it has set up transmission lines of about 350 kms of 132/220 lines. In airport runways it has executed 19 projects.
CARE has given the company credit rating of A+ for long term loans and A+ for short term loans.
Market Capitalization Value: INR 2886.07 Crores
7. Sobha Limited
Indian real estate company Sobha Limited (formerly known as Sobha Developers Limited) was incorporated in August 1995.
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It is the only backward integrated real estate company in the country and it is the first Indian real estate company to obtain ISO 9001 (1994 series) certification in 1998. The corporate office of the company is in Bangalore (Karnataka), and PNC Menon is the Chairman Emeritus of the company and also the founder of Sobha Group of companies & Ravi PNC Menon is the Chairman of the company. The company primarily focuses on the residential projects. It also undertakes contractual projects. Considering the residential and the contractual projects it has presence in 25 cities and 13 states across India. Bangalore, Gurugram, Chennai, Calicut, Cochin, Pune, Coimbatore, Thrissur and Mysore are the major nine cities in which company operates.
Since its incorporation the company has completed 111 real estate projects and 278 contractual projects that cover area of about 81.64 million square feet. The residential projects include presidential villas, row houses, premium villa plots, and luxury and super luxury apartments. It has ongoing residential projects with developable area of 41.20 million square feet and saleable area of 29 million square. The contractual projects segments include corporate offices, IT parks, hotels, hostels, convention centres, multiplexes, training centres, academic institutions and food courts. Services offered in contractual projects are design and architecture, civil, interiors, aluminium and glazing, and landscape. The ongoing contractual projects cover area of 8.07 million square feet of area.
The company was recently awarded the “Best Luxury Residential Developer- Bangalore 2015” by Asian Luxury Real Estate Network (ALREN).Apart from India Sobha Group also has presence in U.A.E., Sultanate of Oman, Qatar, Bahrain and Brunei.
Market Capitalization Value: INR 2982.61 Crores
Housing Development and Infrastructure Limited (HDIL) is an Indian real estate company which mainly operates in Mumbai Metropolitan Region.
Image: company website
HDIL was initially part of the Wadhawan Group which was founded in1973, and the HDIL company was incorporated in the year 1996. Rakesh Kumar Wadhawan is the Executive Chairman and the founder of the HDIL group, which is one of the most widely recognized players in the industry. The company has completed projects covering 100 million square feet of area under construction since its inception and has delivered over 1.5 lakh homes. It has 46 million square feet of area under construction and this includes 22 ongoing projects. The company has land reserves of 241.73 million square feet and is considered to be the largest land bank owner in Mumbai Metropolitan Region.
The business segment of the company includes residential, commercial, retail and SRA. Some of the well know projects that are either completed or ongoing in the residential segment are Majestic Tower, Whispering Tower, Premier Residences Paradise city and Premier Exotica. Dream Mall, Harmony Mall, Annex Mall, Kulraj Mall and Kaledonia are some of the project under commercial and retail segment. SRA is one of the special segments of HDIL which deals with projects related to the slum rehabilitation. Under the slum rehabilitation schemes the company has so far completed projects covering 4.31 million square feet of housing area. Some of the projects completed under SRA are Natwar Nagar, Dheeraj Arcade, Konkan Nagar and Sambhaji Nagar. One of the key projects undertaken by the company under SRA is the Mumbai Airport Rehabilitation Project and it is the largest urban rehabilitation scheme in India. As a part of its future plan the company has taken up the project Planet HDIL which is claimed to be India’s first and the largest smart city and affordable housing project. The 1st phase of work on this project will be started in the current financial year.
Market Capitalization Value: INR 4055.96 Crores
5. Indiabulls Real Estate Limited
Indiabulls Real Estate Limited is one of the largest real estate companies in India and its headquarters is in Mumbai (Maharashtra).
Image: company website
Indiabulls Financial Services was incorporated in 2000 and in 2005 the real estate business was demerged from it which resulted into emergence of Indiabulls Real Estate as a separate business segment of the Indiabulls Group. Sameer Gehlaut is the Chairman and Founder of the Indiabulls Group. The company has so far completed projects of over 3 million square feet and has about 11 ongoing projects with area of over 30.51 million square feet. The company has projects in residential, commercial and SEX segments. In the residential segment the company has projects in Mumbai, Delhi NCR, Chennai, Vizag, Ahmedabad, Hyderabad and Madurai. BLU Estate and Club, Indiabulls Park, Golf City, Centrum Park, Green Chennai, Sierra Vizag, Vatika, Centrum Hyderabad and Centrum Madurai are few of the projects in this segment. Commercial project have been taken up in the cities of Vadodara, Delhi NCR and Mumbai. MegaMall, One09 Gurgaon, One Indiabulls Centre and THE HUB are some projects in this segment. SEZ projects are in Nashik where the company holds 2588 acres of SEZ land. Indiabulls Neo City is being developed in Nashik in collaboration with Maharashtra Industrial Development Corporation.
The company also has Inidabulls Foundation wing that undertakes number of activities in areas of health, education, rural development, women and youth empowerment, environment and disaster relief as part of its social responsibility. CARE has given the company credit rating of AA- for long term debt and A1+ for short term loan. Besides it also has international credit rating of B+ from S&P and B1 from Moddy’s.
Market Capitalization Value: INR 4876.98 Crores
4. Prestige Estates Projects Limited
Prestige Estates Projects Limited is an Indian real estate company founded in 1986 as a partnership firm.
Image: company website
The firm went public in the year 2009 with the name Prestige Estates Projects Limited. The company primarily operates in South India and has its headquarters in Bangalore (Karnataka), and Irfan Razack is the current Chairman and Managing Director of the company. The company has so far completed over 192 projects covering area of more than 64.12 million square feet. Besides it has 65 ongoing projects and 34 upcoming projects covering 67 million square feet and 41.38 million square feet area respectively. The company has five business segments - residential, commercial, hospitality, retail and services.
The residential segment includes apartments, villas, townships and plots. The projects in this segment are spread across Bangalore, Chennai, Hyderabad, Kochi and Mangalore. Some of the key projects are Lake Ridge, Silver Springs, High Fields, Cityscape and Valley Crest. The commercial segment includes office space, SEZs and IT parks and the project works are in Bangalore and Chennai. Technostar, Tech Park IV, Cyber Towers and Palladium are well known projects in this segment. The retail segment includes malls and warehousing. Hotels, food courts and resorts are included in hospitality segment whereas services include leasing, interior designing, facilities and project management, and project and construction management services. Some famous projects in retail and hospitality segments include Aloft hotel, Angsana Oasis Spa, UB City, Golfshire Club and Forum mall.
Prestige Group won 16 awards at the Asia Pacific Property Awards 2016. Some of the awards won are “Best Condominium” for Prestige White Meadows, “Best residential development” for Prestige Pinewood, “Best golf development” for Prestige Golfshire and “Best retail development” for Forum Sujana Mall.
Market Capitalization Value: 7102.50 INR Crores
3. Godrej Properties
Godrej Properties is well known brand in the Indian real estate sector and the company has its headquarters in Vikhroli, Mumbai (Maharashtra).
Image: company website
The company was established as Sea Breeze Constructions and Investments Private Limited in 1985 which finally became a subsidiary of the Godrej Industries Limited in 1989. In the year 2004 the name was finally changed to Godrej Properties Limited, and Adi Godrej is the current Chairman of the Godrej Group. The business strategy of the company is very well defined and includes risk management in land sourcing, outsourced support functions, superior execution, iconic buildings, leveraging brand and group association and diversified portfolio. The company operates in 12 cities in India – Mumbai, Pune, Gurugram, Chennai, Ahmedabad, Bengaluru, Kolkata, Mangalore, Kochi, Kolkata, Chandigarh and Hyderabad.
It currently has projects in residential, commercial and township areas that has area of approximately 119 million square feet. Some of the upcoming/current projects in the residential areas are Godrej Avenues, Godrej Eternity, Godrej United and Godrej Devanahalli. Some of the upcoming/current projects in commercial areas are Godrej One, Godrej Genesis, Godrej BKC and the Trees.
The company has performed very well in the last financial year despite weak conditions in the market. It achieved 88% YOY growth and with a book value of ₹5038 crores the company recorded its highest ever sales in the last financial year. Recently the company has entered into a partnership with AR Landcraft for developing 100 acre township project in Greater Noida.
Some of the recent accolades by the company include CIDC Vishwakarma Safety Award; the Achievement Award for Construction Health, Safety and Environment for the Godrej Garden City, Ahmedabad at the 8th CIDC Vishwakarma Awards; Silver Trophy for Construction Safety for Godrej Horizon awarded by PCERF at the Constro 2016.
Market Capitalization Value: INR 7197.14 Crores
2. Oberoi Realty
Oberoi Realty Limited is an Indian real estate company and has its corporate office in Goregaon, Mumbai (Maharashtra).
Image: company website
In 1998 the company was established as Kingston Properties Private Limited, and in 2009 it converted into public limited company and the name was changed to Oberoi Realty Limited. Vikas Oberoi is the current Chairman cum Managing Director of the company, and it is one of the biggest real estate brands across India. The company has till now completed over 39 projects covering 9.18 million square feet of space and has plans for new projects with about 20.61 million square feet of space at various strategic locations in Mumbai. The brand is known in the real estate sector for its service, transparency, trust and innovative technology. The company operates in Mumbai city and has projects in residential, commercial, retail, social infrastructure and hospitality sectors. In the residential sector various upcoming/ongoing projects include Sky City, Esquire, Eternia and Enigma and Three Sixty West.
Commerz, Commerz II and Oberoi Chambers are the projects that have been completed in commercial sector. Oberoi Mall and the Oberoi International School are the projects done under the retail and social infrastructure sector respectively. The famous hotel in Goregaon Westin Mumbai Garden City is also a project by Oberoi Realty.
The awards won by the company in the year 2016 include “Luxury Quotient” award for Priveria and “Quality of Life” awards for Esquire by Trends Realty Titans award from the Economic Times, “Best Residential Luxury Project of the Year” award for Priveria at the 10th edition of CNBC Awaaz real estate awards, “The most admired shopping centre of the year” award for Oberoi Mall from Images – Marketing and Promotions and “Retail Excellence” award for Oberoi Mall from the Retail Marketing Campaign of the year.
Market Capitalization Value: INR 9868.67 Crores
DLF is the largest real estate company in India and has its headquarters in New Delhi.
Image: company website
The company was incorporated in 1946 by Chaudhary Raghvendra Singh and Kushal Pal Singh is the current Chairman of the company. Krishna Nagar in East Delhi was the first project of the company which was completed in 1949 and since then it has developed 22 major colonies in Delhi. It has now presence in 15 Indian States including 24 cities. The company has plans for projects covering 284 msf area of which 41 msf area of project work is already under construction. The business of the company is broadly classified into two- Development Business and Annuity Business. The Development Business encompasses Homes and Commercial Complexes. The Homes business offers houses in the super luxury, luxury and premium segments and includes apartments, row houses and duplexes.
The Annuity Business is primarily rental business of offices and retail. The company has projects in six business lines – homes, offices, commercial, malls, leisure and hospitality. The company has established DLF Foundation as a part of its social responsibility towards society and the foundation runs number of programs and campaigns for the underprivileged sections of the society. The DLF foundation has taken many initiatives in education, healthcare and environment sectors for the upliftment of the people and also the nation.
Some of the awards won by the company in 2016 include “Developer of the decade” award for Cybercity (Gurugram) by CNBC Awaaz real estate awards, “Shopping mall of the year” for DLF Promenade by the Franchise India at the 5th edition of Indian retail Congress, “Project of the year” for DLF Mall of India by Franchise India Group and “India’s 50 great workplaces” for DLF Universal limited by Quantum.
Market Capitalization Value: INR 23902.27 Crores
The leading real estate companies in India were considered and based on their latest market capitalization value, they were ranked to find out the top 10 companies.
Football is one of the most popular and exciting sports played all over the world. The game has been governed by sports clubs which have been operated by professionals for centuries. The three main pillars on which a club’s success is dependent are financial prowess, international success and fan following. The top football clubs include Real Madrid, FC Barcelona, Manchester United and FC Bayern Munich. Arsenal, Manchester City, Juventus, Paris-Saint Germain, Liverpool & Chelsea are the other prominent football clubs. Here is the list of top 10 football clubs in the world 2016. The parameters used are the club’s revenues, total value, domestic league position and social media following.
An English professional football club based out of Fulham, Chelsea has competitive history dating back a 111 years to 1905, when it was founded by Gus Mears.
Image: Club website
Stamford bridge stadium with a present capacity of 41,600+ is the home ground of the club. The club won its first league championship in 1955 which earmarked its journey as one of the most successful teams in EPL for the last two decades during which it has won 17 Major trophies. Chelsea is the only club based out of London to have won the UEFA Champions League and the lone British club to win all of the 3 major UEFA events. It has one UEFA Champions League title, two UEFA Cups, one UEFA Europa League and a UEFA Super Cup in its kitty. Some of its most successful players have been Ron Harris, with a total of 795 games, Frank Lampard, its all-time top goal scorer (211 goals in 648 games) and Jimmy Greaves, maximum goals scored in a season (43 in 1960-61).
Roman Abramovich has owned the club since 2003. The club made losses for straight nine years after which first profits of 1.4Mn Euros were reported in Nov, 2012. Forbes Magazine has ranked Chelsea as 7th most valuable club of the world with total value of 1.66bn $. Adidas, Yokahoma Tyres and Carabao are amongst the principal partners of the club.
Chelsea finished at 10th position in the 2015-16 season with just 50 points. The current squad consists of John Terry, Diego Costa, Fabregas and Pedro amongst star players. A terrible start to the season and injury to key players are attributed as the reasons for Chelsea’s lack-luster performance this season. With a strong management and skillful players, the fans would expect Chelsea to bounce back strongly and claim its throne in the next Premiere league season.
Total Value (in Bn $): 1.66
Revenue (in Mn $): 505
Social media following (Mn): 53
Liverpool F.C. is a British football club based in Liverpool and is hugely popular club worldwide.
Image: Club website
It was founded in 1892 and has been playing out of Anfield, its home ground, ever since, which has a seating capacity of 44,700+ & is the seventh largest football stadium of England. 1970s and 80s was the golden period of Liverpool when it bagged a total of 11 league and 7 European league titles. It has won a total of 18 League titles, 7 FA Cups, 8 League Cups and 15 FA Community Shields. It hails to be the English Club with maximum number of European Trophies. Some of its most successful managers were Bill Shankley and Bob Paisley. Ian Callaghan made the maximum appearances Liverpool and Ian Rush was its highest scorer with 346 goals. Steven Gerrard, Michael Owens, Robbie Fowler are amongst the other noted players which have won laurels for Liverpool.
John Houlding is hailed to be the founder of the club. Forbes Magazine has ranked Chelsea as 8th most valuable club of the world with total value of 1.55bn $. The club has had intense traditional rivalry with Manchester United and Everton wherein the clubs’ supporters were involved in major tragedies. The club’s anthem named “You’ll Never Walk Alone” is a major hit amongst its loyal supporters and fans alike.
Liverpool had a disappointing 2015-16 season where it finished at the 8th position with just 60 points. The current squad consists of Daniel Sturridge, Alberto Moreno, Loris Karius, Philippe Coutinho and was managed by Jürgen Klopp. The team along with its manager has faced huge criticism for its recent performance and expectations are rife for a major spinoff in the squad to retain Liverpool’s lost glory in the next season.
Total Value (in Bn $): 1.55
Revenue (in Mn $): 471
Social media following (Mn): 34.5
8. PSG (Paris-Saint-Germain)
Paris-Saint-Germain, or PSG as it is more commonly known as, is a French professional football club based in Paris.
Image: Club website
Paris FC and Stade Saint-Germain merged together in 1970 to form PSG, and Parc des Princes has been its home ground since 1974. It shares intense rivalry with club Marseille with whom it participates in a much awaited contest known as Le Classique. In a very short span of time PSG has become the most successful football club of France with 6 Ligue 1 titles, 10 Coupes de France and 5 Trophées des Champions. It also hails to be among the only two French clubs to have won a European Championship with its 1996 UEFA Cup winners’ cup and 2001 UEFA Intertoto Cup titles.
The club was initially established with financial backing from three businessmen Guy Crescent, Pierre-Étienne Guyot and Henri Patrelle. In 1973 Henri made way for Daniel Hechter after which the club attained the professional status. In 1990s the club was facing major financial troubles with a debt of 50Mn francs. Canal+ bought majority stakes of the club and later handed reigns to investment firms i.e. Colony Capital, Butler Capital Partners and Morgan Stanley. In 2011, Qatar Sports Investment became its majority shareholder with 70% shares. In 2015 the club has reported revenues of $578Mn, which is the third highest revenue among all football clubs of the world.
The club has won all three major titles i.e. Ligue 1, Coupe de France and Coupe de la Ligue in 2015-16 season courtesy talented players like Thilago Silva, Alphonse Areola and Edinson Cavani. It is currently managed by Laurent Blanc who has been instrumental in the clubs exquisite performance in French and European tournaments.
Total Value (in Bn $): 0.814
Revenue (in Mn $): 578
Social media following (Mn): 28.8
Based in Turin, Juventus is an Italian professional football club, which is popular across the world.
Image: Club website
Founded in 1897, is the third oldest club of Italy and has been in the series A since 1929 with only the exception of the season 2006-07. Juventus was a Sport-club founded by a group of Torinese students, and Eugenio Canfari went on to become the first president of the club. Due to its tradition of success and extraordinary performances it has become a symbol of the nation’s Italianata (“Italianness”). It has played an instrumental role in World Cup victory for Italy in 1934, 1982 and 2006 which has earned it widespread support in Italy and Italian immigrants elsewhere in the world.
It is undisputedly the most successful club in Italian football’s history with 61 official titles on national and international stage and is ranked fourth in Europe for winning the most number of trophies. It has won 32 official league titles, 11 Coppa Italia titles, 7 Supercoppa Italiana titles. Amongst international titles it has won 2 Intercontinental Cups, 2 Champions Leagues, 1 European Cup Winners' Cup, 3 UEFA Cups, 1 UEFA Intertoto Cup and 2 UEFA Super Cups. Some of its most successful players have been Alessandro Del Piero, with maximum appearances of 705, Zinedine Zidane and Gianluigi Buffon who set a new serie A record of not conceding a goal for 974 minutes during the 2015-16 season.
In the 2015-16 season Juventus has continued its winning streak by retaining both the series-A championship and Coppa Italia. The current squad is packed with stars like Miralem Pjanic, Gianluigi Buffon, Simone Zaza and Paulo Dybala and is managed by Massimiliano Allegri.
Total Value (in Bn $): 1.3
Revenue (in Mn $): 390
Social media following (Mn): 26.4
6. Manchester City
Manchester City F.C. is an English professional football club based out of Manchester, England.
Image: Club website
The club was founded in 1880 by the Saint Mark’s Church, and in 1887 it was renamed to Ardwick Association Football Club and in 1894 it was transformed into Manchester City. It has shifted its home ground from Maine Road to City of Manchester Stadium in 2003, where it is recognized as one of the leading football clubs. It won its first FA cup title in 1904 becoming the first club from Manchester to win a major honor. It won various laurels including the League Championship, FA Cup, League Cup and the European Cup Winners' Cup in that period. In 2008 the club was bought over by Abu Dhabi United Group. In 2016 it has been valued at 1.92Bn $ and is ranked the 6th most valuable club of the world by the Forbes Magazine.
Some of its most notable players including Roy Clarke, Ken Barnes, Johnny Hart and goalkeeper Alex Williams have been inducted into City’s hall of Fame and felicitated with Lifetime Achievement award for their service to the club. Recently, it has come back to winning ways and since 2011 it has won 6 major honors, including the Premier League title of 2012 and 2014.
Although the club was not successful in the 2015-16 season as it finished in the 4th position with a meager 66 points. It has a star studded line up including players like Sergio Augero, Fernando Francisco Reges, Fernandinho Luiz Roza and David Silva and would hence be expected to fight back in the 2016-17 season to regain lost ground.
Total Value (in Bn $): 1.92
Revenue (in Mn $): 558
Social media following (Mn): 24.5
Arsenal F.C. is a British professional football club based out of Holloway, London, having a huge global fan following.
Image: Club website
Formed in 1886 by workers, the club was called Dial Square, and thereafter, it was renamed Royal Arsenal and in 1893, it went on to become the first southern club to participate in the Football League. Arsenal finished the 20th century with the highest average league position and has gone on to win 12 FA Cups,13 League titles, 2 League Cups, 14 FA Community Shields, and 1 each of UEFA Cup Winners' Cup and Inter-Cities Fairs Cup. Recently, under the management of Arsène Wenger the club has set some mind-boggling English records like being the only unbeaten team in a 38 match season and for the longest winning streak. David O'Leary holds the record for maximum appearances for Arsenal with 722 first-team matches and Thierry Henry is the club's top goalscorer with 228 goals. Henry also holds the record for maximum goals scored in a League (175). Arsenal also holds the record for maximum hold attendance when it hosted UEFA match at the Wembley Stadium, which was attended by 73,707 people.
American sports tycoon Stan Kroenke is the largest shareholder on the Arsenal board while the club’s parent company, Arsenal Holdings plc, is a publicly listed company. According to Forbes magazine Arsenal’s total value is $2.02Bn which positions it at 5th rank among global clubs. In 2014-15 Arsenal earned € 435.5Mn from the Emirates Stadium, creating history for maximum revenue in world football. The club also has the 5th largest social media fan base among all clubs of the world.
Arsenal finished at 2nd position in the 2015-16 season behind Leicester City. The current squad consists of Mesut Özil, Alexis Sánchez, Petr Čech and Granit Xhaka amongst others.
Total Value (in Bn $): 2.02
Revenue (in Mn $): 524
Social media following (Mn): 44
4. FC Bayern Munich
A German sports club based in Munich, Bavaria, Germany, Bayern Munich is the most successful club in the history of German football with 26 national titles and 18 national cups.
Image: Club website
The club was founded by a congregation of members from the Munich gymnastics club (MTV), and is one of the most popular football brands worldwide. Due to a dispute about restriction on players to join German Football Association the players led by Franz John took the reins of the club. The club won its first national championship in 1932 and went through a golden period during the middle of 1970s under the captainship of Franz Beckenbauer when it won the European Cup thrice in a row from 1974 to 76. Overall, Bayern has won 1 UEFA Cup, 1 European Cup Winners' Cup, 1 UEFA Super Cup, 1 FIFA Club World Cup and 2 Intercontinental Cups. In Bundesliga, Bayern has dominated German football by winning a total of 26 titles out of which 8 have been won in the last 12 years. Amongst German rivals, only Borussia Dortmund and FC Nürnberg come close to giving Bayern a tough competition.
Bayern is not a professionally run club and is still led by former club players. Karl Hopfner is the current president of the club taking over the reins from Uli Hoeneß after the former was convicted of tax frauds. With a total value of $2.7Bn, the Forbes Magazine has ranked Bayern Munich as the 4th most valuable club of the world.
Bayern Munich won the German Championship and DFB - Pokal in the 2015-16 season and is one of the only four clubs which have won all of the three major European competitions. Its current squad consists of Robert Lewandowski, Mario Götze, Thomas Müller and Manuel Neuer as the key players.
Total Value (in Bn $): 2.68
Revenue (in Mn $): 570
Social media following (Mn): 40.4
3. Manchester United
An English professional football club based out of Old Trafford, Manchester United has competitive history dating back a 138 years to 1878, when it was founded.
Image: Club website
In 1902, the club changed its name to Manchester United and in 1910 it moved to its current stadium in Old Trafford, and is easily the most well recognized & popular football club in the world. In 1998–99, it became the first club in the history of English football to achieve the treble of Premier League, FA Cup and the UEFA Champions League. Manchester United holds 12 FA Cup titles and 20 league titles, which is the maximum for any British club. Internationally, the club has won 1 Intercontinental Cup and 1 FIFA Club World Cup. The club’s golden period was during 1990s to 2010 under its manager Alex Ferguson, when the club won 2 UEFA Champions League titles and 5 FA cups among 38 other trophies.
The club was initially funded by the Lancashire and Yorkshire Railway Company and in 1892 it became a limited company. The club got listed in the New York Stock Exchange in July 2012 at a price of $14. According to Forbes Magazine the club’s value in 2016 is around 3.3Bn $ which takes it to the 3rd position globally. Manchester United’s social media fan following is the 3rd largest in the world making it one of the favorites among football lovers.
It finished at a disappointing 4th position in the 2015-16 season with just 66 points. But it managed to win the prestigious FA Cup. The current squad is laced with superstars like Wayne Rooney, Juan Mata, Bastian Schweinsteiger and Michael Carrick. Thus, we can expect a resilient fight back from Manchester United, in the 2016-17 season.
Total Value (in Bn $): 3.32
Revenue (in Mn $): 625
Social media following (Mn): 77.4
2. FC Barcelona
F.C. Barcelona popularly known as Barcelona or as fans call it Barça is a professional football club based out of Barcelona, Catalonia, Spain.
Image: Club website
The club was founded in 1899 by Joan Gamper, and Walter Wild was the first president of Barça and played an instrumental role in getting the club its first home ground. Barça has won 24 La Liga, 28 Copa del Rey and 2 Copa de la Liga trophies, and has been embraced by football legends from across the world. Internationally it has won 5 UEFA Champions League titles, 4 UEFA Cup Winners' Cup, 5 UEFA Super Cup, 3 Inter-Cities Fairs Cup and 3 FIFA Club World Cup trophies. The club has intense rivalry with fellow Spanish club Real Madrid. The two teams play together in El Clásico, which is regarded as one of the most sought after events in recent sports history.
It is not a limited company and one can only purchase membership to the club. An assembly of members (also called socis) forms the governing body of the club. Forbes Magazine has ranked Barcelona at 2nd spot with a total value of 3.55bn $ just behind Real Madrid. The club has fierce competition with Real not only on the field but in every aspect as one keeps nudging past the other in terms of gross revenue and social media followers.
Barça is recently on a winning spree, bagging UEFA Champions League, UEFA Super Cup and FIFA Club World Cup in 2015 before going on to reclaim La Liga and Copa del Rey titles in the 2015-16 season. Its current squad is full of legends and superstars like Lionel Messi, Neymar, Luis Suárez, Arda Turan, Andrés Iniesta and Gerard Piqué.
Total Value (in Bn $): 3.55
Revenue (in Mn $): 675
Social media following (Mn): 111
1. Real Madrid
Real Madrid popularly known as Real is a professional football club based out of Madrid, Spain.
Image: Club website
The club was founded in 1902 as the Madrid Football Club, and Real’s home is downtown of Madrid in the Santiago Bernabéu Stadium which has a capacity of 85,000+ people, among the largest in the world. The word Real is Spanish for Royal and was added to the club’s name by King Alfonso XIII in 1920, who also bestowed Real Madrid with the honour of using the royal crown in its emblem. The club along with Barcelona has revolutionized Spanish football by winning 32 La Liga titles, 19 Copa del Rey and 1 Copa de la Liga. Internationally, it has won 11 UEFA Champions League, 3 Intercontinental Cups, 2 each of UEFA Cup and Super Cup and a FIFA Club World Cup. The club received the FIFA Centennial Order of Merit in 2004 and in the latest IFFHS Club World Ranking Real has set up a new ranking points record.
Similar to Barça the club is governed by members known as socios who have owned and operated the club throughout its history. Forbes Magazine has ranked Real Madrid as the most valuable football club with a total value of 3.65bn $ which helps it inch just past Barcelona. The club also has a massive social media fan following which has crossed the 110Mn mark.
Real has recently won the UEFA Champions League in 2015-16, after it finished on the 2nd spot, just behind Barcelona in the La Liga. The star names of the current Real squad are Cristiano Ronaldo, Sergio Ramos, Karim Benzema and James Rodríguez.
Total Value (in Bn $): 3.65
Revenue (in Mn $): 694
Social media following (Mn): 110.1
Step 1: Top 15 clubs were shortlisted based on their revenues, total value, domestic league position and social media following (Facebook likes & Twitter followers)
Step 2: Each of the four parameters is indexed to a score of 100 points
Step 3: The final scores were calculated on basis of weighted average of the 4 indexed scores
Pizza lovers has been growing across the world for its mouth-watering tastes and appearance. Over the last few decades the small pizza restaurants has expanded its geographies to serve the pizza lovers all over the world. The top pizza restaurant brands are Domino's Pizza, Pizza Hut, Papa John's, Chuck E Cheese, Little Caesars followed by Cicis Pizza, California Pizza Kitchen, Papa Murphy, Godfathers and Sbarro. Through innovation in product and combination of toppings to serve the customers with different tastes, Pizza industry has been significantly pulling people to its restaurants. Here is the list of the top 10 pizza restaurant brands in the world 2016.
Sbarro LLC is a chain of pizza restaurants founded in 1956 as an Italian Salumeria in Brooklyn, New York, Unites States by Gennaro and Carmela Sbarro.
It serves pizza, pasta and salads in all their restaurant chains, and is extremely popular withpizza lovers. Over 60 years of service, Sbarro has been expanded to 33 countries across the world with 800 restaurants, and it has brought the Italian favorites to the customers worldwide. Sbarro opened stores in Airport, Shopping Malls, College campuses and service areas. In 2007, MidOcean Partners, a private equity firm bought Sbarro for 417 million US dollars. Later, in 2010, the management team has seen a major change with the appointment of Nicholas McGrane as Chief Executive Officer. Within few months, Sbarro has accumulated over 350 million US dollar debt.
In 2011, Sbarro applied for Chapter 11 bankruptcy due to its financial trouble. The underlying reason for the trouble lies in its strategy of selling mediocre pizza at the right place and at right time. The owners of the real estate extract much from the customers they attract leaving the restaurant chain in trouble. With high rents and declining footprints in the in the shopping mall, the revenue of Sbarro has declined. Within 100 days, Jim Greco has turned up the financial trouble through its new strategy and closed 182 US stores. Sbarro has plans to open 50 new restaurant stores in next stores. The logo of Sbarro was changed with red, white and green colour resembling the Italian flag with Sbarro written at the white part of the logo. Sbarro has brought many changes in the menu to attract the customers it has lost during the period of bankruptcy.
Total Revenue: $92 Mn
Number of Stores: 800
Godfather’s Pizza was founded in Omaha, Nebraska in 1973 following the launch of Godfather movie.
Image: company website
The unique concept and quality pizza had generated popularity in the region. Over years, it has grown to 640 locations with traditional restaurants offer great pizza as pie because of quality toppings on mountains of mozzarella cheese over the thick crust holding it together. It has offered carryout and delivery segments in the non-traditional stores located in universities, airports and convenience stores. The success of its restaurants chain is attributed to its commitment to excellence along with its high quality tasty pizza prepared by dedicated people. Godfather’s mission is to provide good quality food and service with profits. Pursuing its simple mission, it has developed a reputation and expanded to around 40 states in US.
Godfather’s first franchise restaurant was opened in 1974 in Lincoln, NE. In early 1980s the marketing slogan “A pizza you can’t refuse” has attracted the customers to Godfather’s Pizza. In 1982, with 682 restaurants, Godfather’s pizza chain has become the second largest pizza restaurant chain in United States. In 1985, Pillsbury acquired Diversifoods, Inc which own Godfathers Pizza and Herman Cain become the new president. Godfather’s pizza attracted the Chocolate lovers around the world by offering Big Chocolate chip cookie with the size of nine inches. In response to the people suffering allergies, Godfather’s pizza introduced a Gluten-Free line pizza in 2009. In 2011, towards it commitment to offer quality food to customers, Godfather’s pizza has introduced low-calorie pizza of 150-180 calories per slice of crust. Understanding the growing big parties, Godfather’s pizza has produced a BigShot pizza with 30 inch round, 2.5 pounds of cheese and 52 slices.
Total Revenue: $113.7 Mn
Number of Stores: 640
8. Papa Murphy's
Papa Murphy’s Holdings is one of the largest pizza chain franchisor and operator in the United States.
It was founded in 1981 at Hillsboro, Oregon under the name of Papa Aldo’s. In the third year of operation, it has opened its franchise store at McMinnville, Oregon, and in 1995, Papa Aldo and Murphy’s pizza merged to form Papa Murphy’s pizza. Papa Murphy’s pizza has been expanding with 167 stores opened in the year 2015 and has reached a system-wide stores of 1536 at the end of 2015. Since 2000, Papa Murphy pizza has received Chain of the year award four times by Pizza Today magazine. In 2003, Papa Murphy pizza was named as the best pizza in America. In 2009, it was awarded the Franchise Satisfaction award by Franchise Business review. In 2015, Papa Murphy’s pizza received Customer’s choice award by Technomic.
In 2015, the total revenue from all its company-owned and franchise stores grew by 23.4% to $120 million from $97 million in 2014. This was primarily due to opening new company-owned stores and strategic acquisition of few of franchise stores. On 9th March 2015, Papa Murphy acquired six franchise stores at Seattle, Washington from a single owner for $4.1 million. Moreover it has acquired 17 additional Papa Murphy’s stores in seven international markets during 2015. The System-wide sales of Papa Murphy’s pizza has increased by 5% to $892 million in 2015 from $850 million in 2014. Most of the system-wide sales are from domestic franchise-owned stores. All the International stores of Papa Murphy’s pizza are franchised. Papa Murphy’s pizza believe significant opportunities to develop its business across the globe with a target to open at least 4500 stores. It includes stores in existing markets and new international markets.
Total Revenue: $120 Mn
Number of Stores: 1536
7. California Pizza Kitchen
California Pizza Kitchen wan founded in 1985 in Beverly Hills by Rick Rosenfield and Larry Flax, who are former federal prosecutors.
The founders had a great passion towards food which made them to prepare innovative, baked pizza similar to original BBQ chicken cooked in open kitchen. California Pizza Kitchen gave California a place for pizza next to Chicago and New York, and from California, the restaurant has been expanded to 250 locations in 30 states of US and in 11 countries. California Pizza Kitchen has developed its restaurants as a bustling spot for family get-togethers and business gatherings. California Pizza Kitchen went on public through IPO on NASDAQ national market. In 2013, it has introduced a new beverage series with wine flights, craft beer offerings and Diet Pepsi with an intension to offer variety to their customers. In 2011, Golden gates capital completely acquired the California Pizza Kitchen which resulted in stocks not traded publically. Later, G. J. Hart was appointed as the Chief Executive Officer, President and Executive Chairman of the company.
In May 2016, G. J. Hart was announced as the finalist in the “EY Entrepreneur Of The Year 2016” to recognize his contribution in building and leading a dynamic businesses in the international arena. California Pizza Kitchen introduced a reimagined menus, open kitchen and indoor renovations in all the restaurants across the world. For all its corporate-operated stores, California Pizza Kitchen has decided to source 100% cage-free eggs before 2022. It was voted as America’s best pizza by the readers of Daily Meal for the second time in 2014. In the same year, it was recognized as “The most trusted brands” by the readers of Entrepreneur Magazine.
Total Revenue: $495 Mn
Number of Stores: 250
6. Cicis Pizza
Cicis Pizza was founded in 1985 at Plano, Texas by Joe Croce, and has become a popular pizza joint.
Over the years, Cicis Pizza has expanded to over 450 restaurants in 32 states of USA, and offers a variety of menu. Cicis pizza introduced the unlimited pizza buffet and has pushing its limits to fulfil customer wish, tastes and requirements, and they are empowering their customers with a new dining experience in which customers can choose the flavor they love. Cicis pizza trusted independent thinkers to revolutionize in the communities they belong to, by offerings to open stores. My Cicis is a mobile application for IOS and Android operating system for placing orders. Since its inception, Cicis pizza have been the price leader in providing custom-made pizza, soup, salad and pasta in all the restaurants operating across the world. In order to recruit and secure best franchisees, CIcis pizza introduced “Build the Brand” initiative as part of its growth strategy. It is seeking multi-unit operators to open its store in line with its strategy to double the number of stores in the next 10 years.
The dedication and innovation to fulfil customer needs bagged them recognition which includes Techonomic Customer’s Choice award 2014 for best kid-friendly restaurant stores. Parents’ magazine and Zagat listed Cicis pizza as best family-friendly restaurant. G.I. Jobs recognized Cicis Pizza as Military Friendly Franchise. Entrepreneur Magazine named Cicis Pizza in the top 500 franchiser list. Cicis Pizza’s President believed that it is imperative to show a sense of social responsibility towards the customers which had made them to provide choices in buffet line. The customers have control over the choice of ingredients and the quantity of ingredients in to any of their food items in their menu.
Total Revenue: $498.7 Mn
Number of Stores: 450
5. Little Caesars
Little Caesars restaurant was started by Micheal and Marian Ilitch at Garden City, Michigan in 1959.
It was started as a snack food in the name of “Pizza” during World War II. The promising growth in the pizza food chain and passion to start a pizza business made the founders to invest $10,000 towards opening their first Little Caesars pizza restaurant in 1959. Little Caesar innovate in every aspect to differentiate itself from other chain like restaurants without tables and chairs. Mike created a conveyor type oven in order to bake pizza quickly and consistently to meet the growing demand. Little Caesars established stores in never-served-before places such as colleges, military bases and sporting arena. Since its inception, Little Caesars believe in quality and value as their core values. Moreover the brand also associates passion, commitment, fun and family focus. With the success in the restaurants chain, Little Caesars own businesses in sports and entertainment sector to diversify their business portfolio.
Through innovation and operational efficiency, Little Caesars offer HOT-N-READY Pizza to customers immediately when they check-in to the restaurants which significantly reduces the waiting time of customers. With the introduction of Pizza!Pizza!, Little Caesars marketed “buy one get one free” concept of pizza to customers. In 1969, Little Caesars opened its first international store in Canada, in waterloo, Ontario. In 2006, Little Caesars Veterans program was introduced to provide significant discounts and credits to veterans who was transitioning into different career path and in pursuit of opening their own Little Caesars restaurant. Little Caesars committed to many social activities like support for many charities and family causes. Still, Little Caesars is a family owned business which is headed by its founders.
Total Revenue: $286.6 Mn
Number of Stores: 2500
4. Chuck E. Cheese
Chuck E. Cheese was founded by Nolan Bushnell in 1977. Chuck E. Cheese is being operated by CEC entertainment which is a brand of family entertainment.
With its inception, the primary focus on menu become pizza along with entertainment focus of arcade games, and it provides a complete family fun with games and delicious food in all their restaurants. Apart from pizza, the restaurant also serves salads, sandwiches and desserts. Chuck E. Cheese has majority of company-owned stores and few franchised owned stores. The major part of revenue comes from company-owned stores. At the end of 2015, Chuck E. Cheese had 592 stores with locations in 47 states and 12 foreign countries, in which 524 are domestic company-owned stores, 29 are domestic franchise-owned and 39 are International franchise stores. In October 16, 2014, it completely acquired Peter Piper Pizza which was a leading pizza and entertainment restaurant chain based out of Arizona.
In 2015, the average annual sales per store were 1.56 million US dollars. The food and beverage sales accounted to 44% of the total revenue of CEC entertainment with a growth of 14% in 2015 over 2014. The store operating costs amounted to $710 million in 2015 with labor expenses of 250 million US dollars. According to Nielsen Scarborough research, during the spring of 2015, 5.27 million people has visited the store within 30 days. In order to penetrate into new markets, Chuck E. Cheese expanding its restaurants by opening franchise stores with a target of 90% of total system-wide stores should be franchise-owned stores. Apart from opening franchise store, Chuck E. Cheese also has plans to acquire franchise store at some strategic markets.
Total Revenue: $922.6 Mn
Number of Stores: 592
3. Papa John’s
Papa John’s pizza was started on 1985 at Jeffersonville, Indiana by John, and has become a popular pizza brand.
In 1986 it sold its franchise store which is still functioning in Fern Creek, Kentucky, to Roger and Scott Roalofs. The company has grown at the faster pace by reaching 2000 restaurants in 1999, and in 1994, it has ranked in top 10 by Forbes in the List of top 200 small companies in the nation. Papa John’s was ranked first for the overall customer satisfaction and quality of product in among nation’s pizza chains survey. In 2001, Papa John’s become the first pizza restaurant chain to provide online ordering across all its traditional restaurants. This has made Papa John’s chain to reach $1 billion sales in e-commerce and by 2010 it has touched $2 billion e-commerce sales. It has also made $1 million mobile web orders.
At the end of 2015, Papa John’s pizza had around 4900 stores in 50 states of US and in 39 International countries. Papa John’s pizza has 20,000 team members at their company-owned stores and around 100,000 team members at their franchised stores. The global system-wide sales was approximately $3.5 billion in the year 2015 with an earnings per share of $2.09. Papa John’s pizza had the top spot in American customer satisfaction index which is mainly due to their unerring quality of products. During 2015, Papa John’s pizza has opened 357 stores among which 16 are company-owned and 341 are franchise restaurants. For 30 years, Papa John’s pizza has been striving to provide best products in terms of quality which is in line with their vision – Better Ingredients, Better Pizza. Moreover, in 2010, Papa John’s pizza was the official pizza sponsor for National Football League of United States.
Total Revenue: $1637 Mn
Number of Stores: 4900
2. Pizza Hut
Started in 1958 by two brothers with an initial investment of $600, Pizza hut has grown into largest pizza chain in the world.
A subsidiary of Yum brands, Pizza hut has over 13000 outlets across the globe with more than 300000 team members in 90 countries, and at the end of 2015, Pizza Hut had 432 restaurants in India and 1903 restaurants in China. Pizza hut become No. 1 pizza restaurants in the world in terms of sales and number of outlets in 1971. It had started its first home delivery service in Australia in 1983. In 1994, Pizza hut become the first pizza restaurant chain to deliver pizza ordered through the internet. In 2016, Pizza hut has projected to open 525 pizza restaurants around the world. In 2014, it raised $3.8 million along with World Food Programme to provide 15 million meals to the children in need. Pizza Hut is the recipient of HALO award 2016 by Food News Media to recognize the efforts the company put to provide genuine high quality food products to contribute to communities a healthy and happy lifestyle.
Pizza Hut offer variety of pizzas which are customized to local preferences and tastes. Many Pizza huts, outside US, offer varieties of food items other than pizza to suit to the country in which it operates. Pizza hut has mainly three segments of product service which are carryout, casual dining and delivery. It market its brand to differentiate these segments. Over 95% of Pizza hut restaurants worldwide are franchise outlets. In 2015, the revenue from pizza hut restaurants, both company-owned and franchise outlets is $1145 million. The system-wide sales of Pizza hut in 2015 reported 2% decrease over 2014.
Total Revenue: $1145 Mn
Number of Stores: 13728
1. Domino’s Pizza
Domino’s Pizza was founded in 1960 at Ypsilanti, Michigan by Thomas and James Monaghan brothers and has been a highly recognized global pizza chain across countries.
Domino’s Pizza has been operating over 12500 company-owned and franchise outlets in 80 countries. It has started its first franchise store in 1967 and first international store in 1987 in Canada and Australia, and is one the most popular and easily recognized pizza brands. Domino’s pizza primarily focused on delivery and carryout segments for over 50 years. The supply chain segment has 18 manufacturing and supply chain sites in United States and five in Canada. The supply chain segment contributes to the major part of revenue and earns $1.38 billion revenue. In 2015, Domino’s Pizza added 901 stores into its network which includes domestic company-owned, domestic franchise and International stores.
In 2007, Domino’s pizza introduced Oreo dessert pizza which is a thin dessert-style crust with vanilla sauce layer covered with Oreo cookies. It had become the largest sandwich delivery store with the launch of oven baked sandwich. In 2008, it completely restructures its menu with changes in existing products and introduction of new products such as Handmade Pan Pizza and Specialty Chicken. In 2012, Domino’s Pizza opened its 10000th store and simultaneously 12000th store in 2015. In 2013, all Domino’s Pizza stores started adopting a new “Pizza Theatre” design to allow customers to view their orders being prepared in front of them. In the same year, it launched online ordering of pizza on dominos.com which also save information about customers to enable customers to order quickly. In 2000, Domino’s worldwide sales crossed $3.5 billion. In 2015, the global sales increased by 11% over 2014. The revenue increased by 11.2% over 2014.
Total Revenue: $ 2216.5 Mn
Number of Stores: 12530
In order to find the top 10 pizza restaurant chains, top pizza restaurant chains was chosen and its revenue and number of store across all countries was found.
The revenue and number of stores was given 60% and 40% weightage to calculate the total weighted grade points
The restaurant chains are sorted as per these grade points and found the Top 10 pizza restaurant chains in the world.
Agriculture is the backbone for any economy in the world. Countries which are able to produce their own food have a strong and robust growth, as the farming popular is the reason for a sustained supply of crops and food. The top agricultural countries are China, India, United States and Indonesia, followed by Brazil, Turkey, Russia, Japan, Australia and France. Here is the list of the top 10 agricultural countries in the world in 2016.
France is located in Western Europe. France today employs about 3.5% of population in agriculture.
Farms are huge in size than they were 50 years ago and has a size of about 55 -60 hectares after the land consolidation and reorganization. Now in urban France there are 490,000 farms and around 24,800 in other regions. This is called Utilized Agricultural Area has been divided into 3 major crops: cereals and forage crops, area under grass and perennial crops like vineyards and orchards. France is agriculturally the most powerful in European Union. It has a record production in Europe with 19% of agricultural goods and has largest area covered in agriculture in Europe.
France is also the only country in Europe to produce almost all agricultural crops and goods. Different part of France is specialised in one type of production like Paris Basin or Aquitaine Basin which is towards the South of France are specialised in field crops known to produce huge commodities. The specialty crops are located all over France and they are particularly located in tight regions or spaces like valleys of Loire, of Garonne or of Rhône. Vineyards are throughout France except for some regions of France like on east facing slopes, north of France or in some valleys.
Northern France is characterized by big grain farms. Dairy, poultry, pork and apple produce is concentrated in West of France. Beef is also produced in central France while majority of the crops like corn ,vegetables, fruits and wine are produced from central to south of France.
Agriculture contribution to GDP: 43,588.08 million dollars
For more than 100 years, since the time of 1840s to 1950s, the Australian economy as it is said was ‘riding on the sheep’s back’.
Agriculture, mainly wool established Australia majorly as a thriving economy with substantial workforce, large port cities and service industries. Australia is known to be a major producer of agriculture with more than 325,300 employed in agriculture, fishing and forestry. The farmers of Australia graze 135,997 farms covering over 61% of Australia’s landmass. All around the country there is a mix of dry-land farming and irrigation. The federal government for scientific research has made a forecast that decreased precipitation over much of Australia will cause climate change and this will exacerbate the already existing challenges in the areas of water availability and quality for agriculture.
There are three zones in Australia: the high rainfall region of Tasmania which is used principally for beef and dairy; then there is sheep zone which crops mainly winter crops and the grazing of sheep for wool, mutton and lamb; and lastly there is the pastoral zone which is described by less fertile soil, low rainfall and huge amount of pastoral activities which involves the grazing of beef cattle.
Grain legumes, oilseeds and cereals are produced on a very big scale to feed livestock and human consumption. Wheat in terms of area and value is the greatest produced crop in Australia. Sugarcane which is grown in tropical Australia is an important crop. However, the industry is not that much subsidized (lower cost than heavily subsidised American and European producers of sugar), they are struggling to compete with Brazilian industry which is more huge and efficient than it.
Agriculture contribution to GDP: 48,955.48 million dollars
Farming, fishing and agriculture forms a major part of primary sector industry in Japan, along with Japanese mining industry but both of them together account for just 1.3% of gross national product.
About 20% of Japan’s land is suitable for cultivation, and Japan’s agricultural economy is also highly subsidised. Forestry, fishing and agriculture has dominated the Japanese economy till 1940s but after that there was sharp decline, and in the latter part of 19th century these sectors accounted for over 80% of the employment. Employment in agriculture sector declined in the pre-war period but the sector is still employs the largest number of people by the end of World War II. It was further down in 1965 by 23.5%, and 7.2% in 1988. The agriculture’s importance in the Gross domestic Product continued to decline with net share of agriculture in GNP reduced a lot between 1975 and 1989 from 4.1% to 3%.
In the late 1980s, 85% of Japanese farmers were engaged in occupation outside of farming and most of part-time farmers earn their major part of the income by engaging in non-farming activities. Japan’s economic boom began after 1950s which left the farmers behind in income and technology used in agriculture. They were attached to food control policy of government where high prices of rice were guaranteed and farmers were urged to increase the production of any crop which they like. Farmers were mass producers of rice and turned their vegetable gardens into rice fields.
Agriculture contribution to GDP: 49,479.10 million dollars
The agriculture in Russia had survived a severe transition after the decline in early 1990s as it had struggled to transform from command economy to an economy which was market oriented.
Following the end of Soviet Union in 1991, very large and collective farms which were the backbone of Soviet agriculture had to contend with loss of state guaranteed supply and marketing channels. A changing legal environment which created pressure for reorganisation and restructuring. In almost less than 10 years, inventories of livestock decline by half which brought down the demand for grains used as feed and the area planted by grains also dropped to 25%. The mineral fertilizer and other inputs purchased inputs demand declined driving the yield down. Most farms didn’t have the purchasing power to buy new machinery and do capital investments. Following a near decline of nearly 10 yrs., Russian agriculture experience gradual recovery. The transition to market oriented system introduced made this sector more fiscally responsible which helped them increase the efficiency as farmers tried in maintaining productivity along with resource crunch.
The farms have emerged strong in newer environment and are producing more in aggregate value than total output of large corporate farms which have succeeded in traditional collectives. Wheat which is produced in abundant quantities accounts for over 70% of total grains produced in the country. Russian farmers usually cultivate wheat twice a year, both winter and spring season. During winter wheat is cultivated in North Russia and during spring in Don Basin. There is also a great opportunity for investors from foreign to invest in wheat as they can reap great benefits irrespective of season.
Agriculture contribution to GDP: 59,613.03 million dollars
Turkey is home to headwaters of Rivers of Tigris and Euphrates. Its agricultural sector is mimicking the prosperity of Mesopotamia.
It has favourable geographical climate and condition, abundant water supplies and large arable lands, and is one of the leading countries in agriculture and food all over in the world. There were efforts to restructure which took place in early 1980 in domestic market which is part of world economy today. It has robust food industry and agriculture which employs more than quarter of country working population. Agriculture accounts for around 7% of country’s GDP. This sector has done remarkably well by increasing to 43% from 2002 to 2014. The industry’s strengths includes the size of market in relation to young population of country which is a dynamic private sector economy has a favourable climate and substantial tourism income.
Turkey is world’s sixth largest producer and is a world leader for producing fry figs, dried apricots, raisins and hazelnuts. The country also leads in production of honey. Dairy products which includes milk and yogurt are integral part of Turkish people diet. Turkey boasts production of 18.6 million tons of milk in 2015, which made it the leading producer of dairy and milk products in the region. The country also produced 38.6 million tons of crops and 28.5 million tons of vegetables. It also produced 17.5 million tons of fruits and 2 million tons of poultry.
The abundant production allowed Turkey to maintain positive trade balance because of its position as one of largest exporters of agricultural products. In the world, Turkey exported 1781 kinds of agricultural products to around 190 countries in 2015.
Agriculture contribution to GDP: 65,294.14 million dollars
Brazil’s agriculture has been historically one of the main pillars of Brazil’s economy.
Initially it focussed on sugarcane but eventually went on to become world’s largest exporter of coffee, beef, ethanol, sugarcane and soybeans. The agricultural success in Brazil during Getulio Vargas with Estado Novo which means “new state”. Brazil has over 106,000,000 hectares which equals 260,000,000 acres of undeveloped land which is fertile, a size greater than the area combined of Spain and France. According to a study of IBGE in 2008, in spite of world financial crisis, Brazil had a record of agricultural production with a massive growth of 9.1 percent which was mainly motivated because of favourable weather. The production of grains had reached an abundant 145,000,000 tons in that year.
That recorded output employed more than 4.8% in the planted area which totalled around 65,338,000 hectares and produced a handsome amount of $148 billion reals. The main products which were grown were corn which had a growth of 13.1 percent and soy which had a growth of 2.4 percent growth.
The southern half of the Brazil gets high rainfall, has more fertile soil, semi-temperate climate, more advanced in technology, more experienced farmers and adequate infrastructure. This region produces majority of Brazil’s grains like oilseeds and most of the grains produced here are exported. Agriculture in Brazil has challenges which includes the practice of slave labour, fire, agrarian reform, production financing and then there is the rural exodus fuelled by stress of economy on family farming.
More than half of Brazil is covered with forests which are located in the Amazon basin.
Agriculture contribution to GDP: 97,492.40 million dollars
Agriculture is one of the key sectors for economy of Indonesia. Although in the recent years this sector’s share in National’s Gross Domestic Product has gone down significantly in the last 50 years.
However, it still provides livelihood to majority of the households in Indonesian economy. In 2013, this sector contributed around 14% of national GDP, slightly declined compared to 10 years earlier from 15%, and in 2012, agriculture sector provided jobs to around 50 million Indonesians which represents 40% of total labour force in the country. Around 30 percent of Indonesia’s land was used for agricultural purposes. Indonesian Ministry of Agriculture overviews and regulates agriculture sector of Indonesia.
In Indonesia agriculture is divided into two types:
There are large plantations which are owned by private companies and state government
Production modes of smallholder which is done mostly done by agricultural households
The very first category focussed on export commodities such as palm oil while the latter focussed on horticulture commodities which was taken care by small scale farmers to supply food consumption of local population such as rice, corn, fruits and vegetables
Indonesia being located in tropical region which enjoys abundant rain and sunshine for most parts of the year are important elements of agriculture. Most agricultural commodities usually thrive well in Indonesia. The country is blessed with vast and abundant arable fertile soil. Indonesia is a world’s major producer for an array of agricultural products. Indonesia important agricultural commodities are cocoa, coffee, tea, cassava, rice and tropical spices. Vast palm plantation of oil is done in Indonesia. Right Now, Indonesia is the world’s leading producer of palm oil. Indonesia is world’s leading producer of nutmeg, cassava, vanilla and coconut oil. It also produces tobacco and tea.
Agriculture contribution to GDP: 126,266.09 million dollars
3. United States
Agriculture in America is marked by many trends. First trend is the continuous decline of small family farms.
Since 1980, 300,000 farms have gone out of the wind in United States of America, and since 1946 number of people are employed has been declined to 50%. Large companies with the likes of Archer-Daniels Midland (ADM) have dominated American agriculture. In 2000, ADM has sales of $21.9 billion and in the beef industry 4 firms control around 80% of the U.S. market. Around 91% of U.S farms are thought to be small and large farms make around 9% of farms although receive more than 50% in total revenue earned from agriculture in 2000.The other trend is increasing productivity of this sector. Production in agriculture in United States has increased by 5 percent in each year since 1990. Moreover the output of each worker has grown by .84 percent every year. On an average one American who is employed in agriculture produces food for 96 people. This improvement can be credited to consolidation of farms and result of new technologies which have made their way and new farming methods.
Another trend is of growth in import and exports. In 1998 the total of agriculture exports were 60.5 billion. That year imports were $48.9 billion. Final trend is the loss of subsidies in agriculture. Few of these subsidies take the form of outright payments in exchange for farmers to not grow some crops and keep the prices of crops high. Since 1990s the government has reduced these subsides. Although support for certain farmers who grow tobacco still continues. The government’s spending has also increased from 200s which came to aid the farmers in times of natural disasters.
Agriculture contribution to GDP: 215,364.00 million dollars
Agriculture has played a vital role in Indian economy. More than 50% of the rural households are dependent on agriculture as their occupation and livelihood.
Agriculture along with forestry and fisheries is the single largest contributor to Gross Domestic Product (GDP). As per the records and estimates made by Central Statistics Office (CSO), the agriculture’s share and allied sector’s share which includes livestock, fishery, forestry and agriculture is 15.35% of Gross Value Added (GVA) for the year of 2015-16 measured at 2011-12 prices. India is largest consumer, producer and exporter of spice and its products. India’s production of fruits has grown faster vegetable production. Which makes India one of the largest producer of fruits in the world. India output of horticulture which comprises of spices, vegetable and fruits was at a record high of 285 million tonnes for the year 2014-15. India also ranks third in agriculture and farm products.
Agriculture export contributes 10 per cent to the country’s total exports and is the fourth largest commodity which is exported. The agro industry of India is divided in several sub-parts such as dairy, canned, processed, poultry, meat, fisheries and frozen food.
Under ministry of agriculture comes the department of Agriculture and Cooperation which is responsible for the all the development taking place in the agriculture sector of India. It manages many other bodies such as National Dairy development Board (NDDB) to help develop other allied sectors of agriculture.
The agricultural sector in India is expected to gain and generate more momentum in next few years due to increasing amount of interments done by government in agricultural infrastructure such as cold storage, warehousing and irrigation facilities. Many factors like better fiscal incentives, improved port gate management and reduced transaction costs and time will contribute greatly to sector’s growth.
Agriculture contribution to GDP: 3, 59,601.43 million dollars
Agriculture in China is a vital industry which employs over 300 million farmers.
China ranks first in world in terms of farm output producing primarily rice potatoes, tomato, peanuts, tea, millet cotton, oilseed, barley and soybeans. Although China has world 10% of arable land but produces food for over 20% of the world’s population. Vegetables are sowed and grown on road embankments, also in traffic triangles and also along the walls of many buildings. Since 1949 China lost around one-fifth of land suited for cultivation. About 10 to 15 per cent of the land is only suitable for agriculture in China as compared to 1 percent in Saudi Arabia, 20 percent in United States of America, 32 percent in France and 50 percent in India. There is around 545,960 square kilometres of land supported by irrigation in China. 40 percent of land irrigated in China has China’s crop as compared to 23 % in India. The yield per acre on an average in China would be double to that of India.
Traditionally China has struggled to meet the food requirements of its population. Around 20th century famines were a major problem for china as it periodically ravaged it. A lot of attention nowadays is given to agricultural production rather than on weather, wars or politics. In 1970s, with introduction of new reforms the share of agriculture increased gradually in Gross domestic Product annually. Because of privatisation and marked rise in prices paid for agricultural products, agricultural output increased from 30 percent to 33 percent of GDP from 1980 to 1983.
Although services sector contribution has increased a lot more than any other sector but agriculture share in GDP is still substantial.
Agriculture contribution to GDP: 9,99,437.44 million dollars
The agriculture contribution percentage to the GDP was studied for all the countries. From all the above, the total value of agriculture contribution in terms of USD was calculated for finalizing the ranks.
With the business environment getting tougher for ecommerce companies in India to raise funds, ecommerce companies have to look for a more viable business model. India is home to some of the most well-known ecommerce companies around the world. The top Indian ecommerce companies include Flipkart, Amazon, Paytm, mJunction, Snapdeal, MakeMyTrip, Myntra, Shopclues, Infibeam & IRCTC. Here is the list of top 10 ecommerce companies in India 2016 based on their GMV (Gross Merchandise Value).
A subsidiary setup by the Indian Railways, Indian Railway Catering and Tourism Corporation supports the web ticketing, tourism and catering operation of the Indian Railways.
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It was founded by the Government of India in 1999 so that the operations of the Indian Railways can be streamlined with the help of public private partnerships. The partnership is led by A K Manocha as the Chief Operating Officer, and is one of the biggest ticketing portals in the world. The portal is said to provide ticketing and other services to around 13 million passengers each day. The group focusses on enhancing services in catering, tourism, hospitality and travel by serving customers with the best business practices around the world.
IRCTC has several sources of revenues. First is the tourism sector. Since IRCTC’s inception and with its excellent marketing strategy with tour operators and state tourism, tourism for railways has seen an exceptional growth in the last decade. IRCTC is also responsible for providing exclusive train coaches and charters for tourism programs. It is said to have served around 50,000 persons in such programs. Internet ticket reservation is the next source of revenue. Through its ticketing site, IRCTC has made reservation hassle free for millions of passengers who can book tickets at the click of a mouse. The Tatkal scheme has been a game changer for the Indian Railways as far as revenue is concerned. IRCTC is also diversifying into the so called “Non Railway Segment” which includes food kiosks, food parks, budget hotels, hotel and guest house management, flight tickets and online merchandise sale. IRCTC website has been touted as the website that handles the most traffic in a day and has won the best website of year India award in 2014 and 2015.
GMV = $0.225 billion dollars
Founded in 2007, Infibeam is an Indian ecommerce and internet retailing conglomerate.
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It is headquartered in Ahmedabad and is led by its founder – Vishal Mehta. Infibeam is involved in ecommerce software, internet retailing and internet services, and on the retail side, it sells books, electronics, automobiles and daily use products. Infibeam is a fast growing and rapidly expanding internet technology company. It also offers ecommerce platforms in the B2B and B2C segments. The company is renowned for its innovative approach towards changing customer needs and delivering business values. The company’s mission is to solve large scale business problems by empowering individuals and businesses in the retail space through cutting edge internet technology.
Normally thought of to be involved in online retail, Infibeam has actually ventured into multiple business spaces. The Infibeam retail platform offers customers millions of retail products at affordable prices. The retail shop boasts of 46 categories of products ranging from books and magazines to sophisticated mobiles and electronic tablets. The enterprise platform of Infibeam is known as BuildaBazaar.com. It provides services to small and medium enterprises to star their own online store with their choice of domain name. The cloud based platform is multilingual and offers support for multiple currency payments and processing. Logistics, marketing, order management are all seamlessly integrated with the platform. Infibeam Digital Entertainment known as Indent offers an attractive platform to sell music. Infibeam also runs a ticketing and travel platform known as Incept. The platform provides ticketing solutions to customers for theme parks, travel, concerts etc. Infibeam logistics, ILPL offers logistics as a value added service to their merchants and partners. The company has also ventured into online digital marketing and customized gifting services.
GMV = 0.331 billion dollars
Headquartered in Gurgaon, India, ShopClues.com is an online retail and market place.
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The ecommerce website was founded by Sandeep Aggarwal and Sanjay Sethi in the Silicon Valley in California, and the company is currently headed by Sanjay Sethi as the Chief Executive Officer. ShopClues entered the Indian ecommerce space in 2011. Since then it has come a long way with over 12000 merchants, 2 lakhs plus retail products clocking about 42 million website visitors across 9500 places all over India and selling 0.4 billion dollars in gross merchandise value. Approximately 700 people form the workforce of ShopClues.
The company’s strategy has been to keep the customers trust and passionately believe in keeping that on top of everything else. Great selection of products, no anxiety shipping, low prices, reliable and outstanding customer service and buyer protection separates ShopClues from a host of other ecommerce companies. Another feature that has differentiated ShopClues from other ecommerce companies is the flea market strategy. The strategy of a flea market on Sunday where the prices of products are as low as Rs 15 has helped ShopClues to receive over 1.5 lakhs orders on a single day with an average selling price of Rs 800. Huge discounts with no compromise on quality and the merchant’s willingness to clear off his/her stock at a discounted rate is the business idea behind the concept of a flea market. Several other ecommerce companies have come to adopt this concept recently.
ShopClues is currently valued at more than 1.1 billion dollars. With multiple rounds of funding, ShopClues has raised sufficient funds from different investors. ShopClues has investors like Tiger Global, Nexus, Helion, GIC, angle investors from early Netscape and Google employees and some Japanese venture companies.
GMV = 0.4 billion dollars
Myntra.com is an Indian ecommerce company specializing in fashion and apparel sales, casual lifestyle products.
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Myntra was established in 2007 by Mukesh Bansal, Ashutosh Lawania and Vineet Saxena in Bangalore. The company has been merged with Flipkart.com in 2014 to counter rival Amazon and other online retailers, and it one of the most powerful online brands. Myntra’s portfolio includes 150,000 products with over 1000 brands and being delivered to more than 9000 locations across India. Myntra’s investors portfolio includes Accel Partners, NEA-IndoUS Ventures, IDG Ventures.
The company first started off with a B2B business model. During 2007, the portal also allowed customers to personalize products like mugs, T-shirts, mouse pads, watches, calendars, teddy bears. However, it moved away from personalization in 2011 and started focusing on apparel and lifestyle products. By 2012, it was offering 350 brand of apparels from Indian as well as established international brands. In 2014, the company was merged with Flipkart.com for a reported 300 million dollars. Taking insights from the user traffic on its app which had reportedly reached around 95% of its customer base, Myntra decided to switch to an app only model in 2015. However, the strategy of the company turned out be negative for the company which saw a dip in its revenue to the tune of 10%. In 2016, the company has detracted its app only strategy and has switched back again to both website and app based business model. Myntra currently operates in a complex business model wherein Myntra designs Pvt. Ltd designs apparel for Flipkart.com. The company has partnered with Vector Ecommerce Pvt. Limited for the app. The partnership has led to products in Myntra that are served directly by the company as well by Vector.
GMV = 0.8 billion dollars
Paytm is an ecommerce company based out of Noida and it is owned by One97 Communications and was established in 2010.
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Vijay Shekhar Sharma is the founder of the company, and it is one of the most successful online ventures in India. The firm first started its online operations by providing mobile recharging services, and later it added retail products and utility bill payments similar to Flipkart, Amazon and Snapdeal. The company has recently ventured into bus booking and ticket booking with Cinepolis. The company boasts of having 100 million registered users with more than 60 million orders per month. The website provides mobile recharge, air and taxi booking, DTH bill and electricity bill payment. The company is actually a consumer brand of One97 Communications and has investors like Ant Financial(AliPay), Saif Partners, Silicon Valley Bank and Sapphire Partners. Ratan Tata has also made a personal investment in the group of undisclosed amount. In 2015, the group has also received the nod from the Reserve Bank of India for setting up a payments bank. This allows Paytm to offer debit cards, online banking, transfers and savings deposits to already existing customer base. Paytm also holds the title sponsorship rights for all cricket series hosted by the Board of Control for Cricket in India(BCCI) starting from August 2015 for a period of four years.
The company’s design strategy is to obsess over the small details and reactions that customers provide to Paytm in terms of the website’s usability. Their approach is to design something that they would love to use themselves. For its innovative and easy to use interface, Paytm has won several awards such as The Most Innovative Company of the Year 2014 Award and Disruptive Digital Innovator Award in 2015.
GMV = 1.164 billion dollars
Founded by Deep Kalra in 2000, MakeMyTrip is an online travel ecommerce company.
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The company is headquartered in Gurgaon, and the website provides all sorts of ticketing facilities for train, bus, flights, hotel reservation. The company is renowned in India as one of the best online travel companies, and has a top of the mind brand recall due to aggressive advertising and marketing. In addition to the web portal, the company also operates 65 retail stores in 50 cities across India and it also has its international branches in New York and Sydney. The company has recently made strategic acquisitions to enhance its presence in the South East Asia.
MakeMyTrip’s rise to the top of the travel and ticketing space has been because of its relentless dedication and pursuit for innovation and determination. The company has diversified its product offerings and has managed to stay ahead of the curve by rapidly developing its technology to meet the global consumer demand. In India, MakeMyTrip is the market leader in the online ticketing space with 43% market share. The company also has a major 25% market share in the hotel booking space.
Apart from flight, rail and bus ticketing services, the company provides car hire services on its website as well. The portal also provides hotel booking services in India as well as international bookings. Around 13000 hotels have been indexed in the website and they can be simultaneously compared with each other. Customized and group holiday packages are a specialty of the company. The company has come up with a mobile app and a route planning service also.
MakeMyTrip is the winner of several national awards like “Top 10 Best Company to Work for in India”, Most Favorite Online Tour Operator in 2015, and best travel portal in the year 2014.
GMV = 1.648 billion dollars
4. Amazon India
Amazon is an ecommerce company headquartered in Seattle, Washington, and is a global brand in ecommerce.
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It is the largest internet retailer and e-seller in the United States, and the company is led by its founder and Chief Executive Officer, Jeff Bezos. In India, Amazon has an online bookstore, music, DVDs, electronics, software food, furniture, toys and jewelry. The company is also the world largest cloud services provider. Amazon has surpassed Walmart as the most valuable company in the United States by market capitalization in 2015.
The company was founded in 1994. It started as a bookstore selling to 50 states in over 45 countries. The company went public in 1995. The business plan of Amazon was previously unheard of. It did not go after profits for four to five years since its inception which caused majority of stockholders of the company complain about its business model. However, the company survived the Dot com bubble burst of the 2000s and its first turned profitable in 2001. The company also partnered with ToysRus and other merchants and provided them with an online retailing platform. It delivered the orders on Sundays as well by partnering with the United States Postal Service.
The company launched its India operations and its online marketplace Amazon.in in 2013. This gave its independent merchants a platform to sell directly to customers. It started off with books and video content, but soon added mobiles, DVDs, toys, apparels, furniture and home products. Through its previous version India called Junglee, Amamzon first gained market intelligence and found out the products for which market demand was greater. To counter rivals like Flipkart and Snapdeal, Amazon has recently announced that it will invest 3 billion dollars in its India operation and infrastructure development.
GMV = 1.995 billion dollars
Kunal Bahl and Rohit Bansal founded Snapdeal in 2010 and since then Snapdeal has become one of the largest ecommerce companies in India.
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The company works on a marketplace model, and the vision of the company is to create a superior and sustainable ecosystem for ecommerce in India which can provide life changing experiences to sellers and buyers. The company boasts of having 12 million plus products, 150000 sellers and delivery to around 5000 cities across India. The company has also partnered with global marquee investors like SoftBank, Temasek, eBay, Venture Partners, Ratan Tata and others. Snapdeal also has the endorsement of Aamir Khan as its brand ambassador. The company is said to sell 10 mobiles, 8 pairs of shoes and 1 out of 4 DSLR cameras in India every minute. Snapdeal is also a pioneer in selling branded real estate in India online.
To grow, Snapdeal has made a string of acquisitions in the past. It started with Bengaluru based Grabbon.com and then esportsbuy.com based out of Delhi in 2011 and 2012 respectively. It then acquired some online handicrafts, fashion and gifting companies. Snapdeal also bought a 50% stake in its logistics partner, GoJavas.com. In 2015, Snapdeal acquired ecommerce management software provider Unicommerce.com and also ventured into the financial services space through the acquisition of RupeePower. One of the major acquisitions of Snapdeal has been that of Freechrage.com, a leader in mobile transactions. This has made Snapdeal the biggest mCommerce company in India.
Because of its innovative nature, Snapdeal is the recipient of many awards and recognitions. It won the award for the best advertising campaign of the year in 2012. Its founder, Kunal Bahl has won the 2015 Entrepreneur of the year award.
GMV = 4.323 billion dollars
Established in 2007 by Sachin Bansal and Binny Bansal, Flipkart is considered to be the pioneers of ecommerce in India.
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The registered office of the company is in Singapore while its headquarters is in Bangalore, and is one of the most popular online shopping destinations in India. Started by a team of two persons, Flipkart today boasts of having 40 million products across 80 plus categories. The company’s website reports 8 million shipments per month, 75 million registered users, 10 million daily page visits, 85000 sellers with 17 state of the art warehouses.
Flipkart started off a s bookstore in 2007. In 2010, it launched the cash on delivery, music, movies and mobile shopping. It expanded into fashion, lifestyle and apparel in 2012. 2013 was a landmark year for Flipkart in which it reportedly sold around 1 lakh books in a single day. In 2014, it acquired Myntra, received a billion-dollar funding and started in-a-day delivery guarantee. The company launched experience zones in 2015 along with a mobile version of its website – Flipkart Lite. In 2015, it bought a stake in MapmyIndia to enhance its delivery services with the help of navigation technologies. Flipkart’s mobile app was the first to cross 50 million registered users in 2016. Flipkart investors include Tiger Global, Accel Partners, Morgan Stanley, Sofina SA, Vulcan Inc., Naspers, Iconic Capital among a host of other private equity partners.
Flipkart also has items under its own brand known as “DigiFlip” which includes tablets, laptop bags, USB drives. In 2014, the company launched its own brand of mobile phones and tablets – Phablets. Also it has its own healthcare and in-house home appliances brand known as Citron. Flipkart is one of the most valuable ecommerce companies in India with its founders featuring in the Forbes India Rich List 2015.
GMV = 7.492 billion dollars
mJunction Services tops our list of the largest ecommerce companies in India with its high value and volume of business.
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It is a 50-50 venture by Tata Steel and Steel Authority of India Limited(SAIL), which shows its strong brand value and market presence. It was founded in 2001 and since then has become the largest ecommerce company in India and also the largest e-marketplace for steel in the world. Due to online and internet based model, mJunction has been able to bring in transparency, efficiency and convenience in the buying and selling of steel and coal. The company is led by Viresh Oberoi as the Chief Executive Officer and is headquartered in Kolkata.
mJunction was established to improve the supply chain and business processes of an industry. It then moved into new areas of business like e-sourcing, e-selling, e-finance, knowledge services and e-retail across diverse industry verticals. The company operates through various website portals like metaljunction.com, coaljunction.in, metaljunction.com, valuejunction.in, autojunction.in, straightline.in and mjunctionedge. The business model of the company is unusual in terms that it serves both the sides of the supply chain. It removes the intermediaries in the supply chain and brings in transparency by doing online auctions for steel and other materials. The tendency of producers to form cartels also got reduced with the formation of mJunction. Even the smallest bidders can do transaction here. The company’s values of customer focus, innovation, excellence and integrity has led to its tremendous growth.
Since the inception of the company, it has done transactions worth Rs 3,50,000 crores up to 2015. It is also one of the most respected companies in India for its corporate social responsibility endeavors. It has won CSR, responsible supply chain and most innovative company of the year awards judged by various agencies.
GMV = 9.694 billion dollars
The top ecommerce companies were considered and were ranked on the basis of their latest GMVs.
Pharmaceutical companies are focusing a lot on research and development of drugs for treatment of cancer and rare disease drugs. Pharma companies have a hugely wide spread business across USA due to increasing need for healthcare among the American population. The top American pharma companies include Johnson & Johnson, Novartis, Roche, Pfizer and Gilead Sciences, along with brands like Merck & Co, GlaxoSmithKline, Sanofi, Amgen and AbbVie. Here is the list of the top 10 Pharmaceutical Companies in USA 2016.
AbbVie is a very young company. Established in 2013, the company is headquartered in Lake Bluff, Illinois, United States.
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The company has worldwide operations, and Richard A Gonzalez serves as the CEO and Chairman of the company. As of 2015, total 28,000 people work for the company, and the company is active in biopharmaceuticals and small molecule drugs. AbbVie came into existence as a result of separation of Abbot Laboratories into two companies - Abbot Laboratories and AbbVie. Humira is the most selling product of the company accounting for sales of $14 billion.
In 2015 it AbbVie acquired Pharmacyclics, Inc which is a biopharmaceutical company. The company operates in only pharmaceutical products.
The company had a revenue of $ 22859 million in 2015. This was an increment of more than 22% over last year. Its total profits were $ 5144 million. The market capitalization of the company was at $ 97190 million. In 2015, AbbVie spent around $4.3 billion in research and development. AbbVie recently launched a disease education program - What's Your Sore Spot? This program is aimed to provide education to connect people with hidradenitis suppurativa (HS). This is a chronic skin disease.
Abbvie is also planning to acquire Stemcentrx. Stemcentrx is a cancel drug developer. The deal is around $ 10 billion.
Revenue: $ 22859 million
Net Profit/Loss: $ 5144 million
Market Capitalization: $ 97190 million
Amgen was originally known as Applied Molecular Genetics and is a global leader in pharma industry.
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It stands at rank 9 in the list of top 10 pharma companies in USA, and the company was founded in 1980 and in 1983 it was named Amgen. Amgen was founded by William K (Bill) Bowes and associates. It is the largest independent biotechnology firm of the world. The company is headquartered in Thousand Oaks, California, U.S.A Robert A Bradway serves as the CEO and Chairman of the company. Most of the business of the company is based in the United States and Europe. The company is expanding its operations in Latin America, the Middle East and Asia. Approximately 17,900 people are employed at Amgen. Amgen is present in more than 100 countries around the globe.
The company had a revenue of $ 21662 million in 2015. It was a growth of eight percent as compared to last year. Its total profits were $ 6939 million. The market capitalization of the company was at $ 124040 million. Amgen has Amgen Foundation to focus on excellence in science education. It has so far donated more than $ 200 million to various nonprofit organizations.
It has a Science Education Programs to provide hands-on experience to more than 2000000 students. By CR Magazine, Amgen was named among 100 best Corporate Citizens.
Revenue: $ 21662 million
Net Profit/Loss: $ 6939 million
Market Capitalization: $ 124040 million
8. Sanofi S.A.
Sanofi was founded in 2004 as a result of merger of two companies - Aventis and Sanofi-Synthélabo.
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Initially the merger was opposed by Aventis but later the negotiations were made and bidding value was increased to 54.5 billion Euros from 47.8 billion Euros. Earlier it was known as Sanofi-Aventis which was changed to Sanofi in 2011. The headquarter of the company is situated in Gentilly, France. Jean-François Dehecq was the founder of the company. Serge Weinberg serves as the Chairman of Sanofi while Olivier Brandicourt is the CEO of the company. Firm is active mainly in prescription sales. More than 1.2 lakh people are employed at Sanofi. Sanofi has approximately 400 subsidiaries of which 14 are the most important subsidiaries.
The activities of Sanofi revolve around three activities –
Sanofi has a dedicated Animal Health division known as Merial. Sanofi is divided into four global business units - General Medicines & Emerging Markets, Specialty Care, Diabetes & Cardiovascular, Sanofi Pasteur and Merial. Most important pharmaceutical products of the company are - diabetes, cardiovascular disease, rare diseases, multiple sclerosis and oncology.
The company had a revenue of $ 39265.45 million in 2015. Its total profits were $ 4873.23 million. The market capitalization of the company was at $ 114850 million.
Revenue: $ 39265.45 million
Net Profit/Loss: $ 4873.23 million
Market Capitalization: $ 114850 million
GlaxoSmithKline was a result of the merger of Glaxo Wellcome and SmithKline Beecham.
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Headquartered in Brentford, London the company has a total 96,575 employees, and the company was founded in 2000. Sir Beecham Group was founded in 1843, and it started its operations by producing laxatives. Philip Hampton serves as the Chairman of the company while Andrew Witty is the CEO of the company.
Andrew Witty will retire from his post in 2017. GlaxoSmithKline is active in mainly 3 industries - Pharmaceutical, Biotechnology and Consumer goods.
The company was charged with promotion of anti-depressants for uses which were unapproved. It paid a fine of $3 billion for these charges in July 2012. GSK is not much involved in the production of treatment for cancer and rare diseases. It follows the principle that high priced drugs are not sustainable in United States. Most of the big pharmaceutical companies are investing heavily in developing the treatment of rare diseases, GSK has shut down its R&D in treatment of rare diseases. In 2014, GSK sold its cancer drug business to Novartis in return of Novartis' consumer health care and vaccine business. The company had a revenue of $ 27206.91 million in 2015. Its total profits were $ 9521.22 million. The market capitalization of the company was at $ 99600 million.
Revenue: $ 27206.91 million
Net Profit/Loss: $ 9521.22 million
Market Capitalization: $ 99600 million
6. Merck & Co.
Headquartered in Kenilworth, New Jersey, United States, Merck & Co. is at 6th position in the list of pharmaceutical companies in USA.
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Outside US and Canada Merck & Company is known as Merck Sharp & Dohme (MSD). Merck & Co was started in 1891, and this 125 year old company was founded as a subsidiary of the German company Merck, & was founded by George Merck. In 1917, Merck & Co. became an independent company. As of 2015, Merck had a total of 70,000 employees. Kenneth Frazier works as the Chairman and CEO of the company. Merck is credited with developing some of the important vaccines - mumps, rubella, and measles. It also developed a single vaccine for all the three diseases.
The company had a revenue of $ 39498 million in 2015 of which $ 175000 million were generated from its US operations. Its total profits were $ 4442 million. The market capitalization of the company was at $ 149010 million. Merck & Co. started to help people who could not afford medications in 1950s. It has total 7 programs to provide assistance to patients.
Merck is going to acquire Afferent Pharmaceuticals. Merck will pay $500 million in cash for acquisition of outstanding stocks of Afferent. Merck is also planning to acquire companies which produce marijuana based drugs. The company spent $6.6 billion for its R&D in 2015.
Revenue: $ 39498 million
Net Profit/Loss: $ 4442 million
Market Capitalization: $ 149010 million
5. Gilead Sciences
Gilead Sciences is credited with the discovery, development and commercialization of therapeutics.
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The headquarter of Gilead Sciences is situated in Foster City, California, United States, and the company was founded in 1988. Initially the company was involved in the development of antiviral medicines, and ever since the company has grown on to become a global player in the industry. 29 Years old medical doctor, Michael L. Riordan started the company in 1988. A 28 years old company is at 5th rank in the list of top 10 pharmaceutical companies in USA. The operations of the company are distributed in North America, Europe and Australia. Gilead Sciences is active in Biotechnology also other than Pharmaceutics. The main focus of the company was on antiviral drugs.
John C. Martin serves as the Executive Chairman of the company. He has been associated with the company since last 25 years. A total of 7900 employees work for Gilead Sciences as of 2015. Gilead is working continuously towards development of antiviral drug for treatment of HIV/AIDS. The company is working for this for more than 25 years.
In United States, around 70 percent of the HIV patients were prescribed Gillead's products for HIV treatment. Gilead is also attributed to the development of treatment for the liver virus hepatitis C. This treatment has the potential to cure almost 90% of the patients of hepatitis C.
The company had a revenue of $ 32639 million in 2015. Its total profits were $ 18108 million. The market capitalization of the company was at $ 148960 million.
Revenue: $ 32639 million
Net Profit/Loss: $ 18108 million
Market Capitalization: $ 148960 million
Pfizer stands 4th in the list of top 10 pharmaceutical companies of USA.
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The company was founded in 1849 by Charles Pfizer and Charles F Erhart, who were both cousins. Pfizer, which is a global name in pharma industry, is headquartered in New York City, and currently, Ian Read serves as the Chairman and CEO of the company. An expected merger of Pfizer with Allergen plc in was called off in 2016 because of new regulatory rules of United States Treasury. As of 2015, a total 0f 78,300 people work for the company. The company is known for its diversity of employees.
In 2009, the company was found guilty of illegal marketing of Bextra - an arthritis drug. For this it was slapped a fine of $ 2.3 billion. Pfizer produces pharmaceutical product as well as Consumer healthcare products. The majority of the company's revenue comes from biopharmaceutical products. In 2015, Pfizer acquired Hospira, Inc.
The company had a revenue of $ 48851 million in 2015. The revenues saw a decline of 2% as compared to 2014. Its total profits were $ 6960 million. The market capitalization of the company was at $ 202660 million. Pfizer is working in collaboration with Merck & Co. to develop an effective medicine for the treatment of type 2 diabetes. Recently Pfizer announced success in their phase 3 study of the medicine.
Revenue: $ 48851 million
Net Profit/Loss: $ 6960 million
Market Capitalization: $ 202660 million
Roche is a Switzerland based company operating in Pharmaceuticals and Diagnostic divisions.
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Headquartered in Basel, the company was established in 1896, and the company had expertise in production of vitamin preparations and derivatives, and is a globally recognized brand name. The founder of the company is Fritz Hoffmann-La Roche. Roche is also the third largest pharmaceutical company in the world. Roche is the first company of the world that mass-produced synthetic Vitamin C. Roche is the number one company in biotech, oncology, in vitro diagnostics and hospital market. A total of 91,747 employees work for Roche. In 2015 Roche partnered with Foundation Medicine on molecular information. As per Dow Jones Sustainability Indices, Roche is the most sustainable healthcare company in the world. Christoph Franz serves as the Chairman of the Board while Severin Schwan is the CEO of the company.
The company had a revenue of $ 49834.9 million in 2015. Its total profits were $ 9373.87 million. The market capitalization of the company was at $ 238760 million. Roche is the market leader in the in vitro diagnostics business.
A total of 15 billion tests were performed in 2015 using Roche instruments in the world. In order to improve patient care, Roche partnered with Flatiron Health - an industry leader in real world oncology data in January 2016. Roche has a distinction of having 29 medicines listed on the WHO Essential Medicines List in 2015.
Revenue: $ 49834.9 million
Net Profit/Loss: $ 9373.87 million
Market Capitalization: $ 238760 million
Novartis International AG was founded in 1996, and is a very popular brand name in pharma.
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It was a result of the merger of two companies - Ciba-Geigy and Sandoz Laboratories, where Ciba-Geigy was formed by the merger of CIBA and J R Geigy Ltd. The company is headquartered in Basel, Switzerland and Joseph Jimenez serves as the CEO of the company while Joerg Reinhardt is the chairman of Novartis. As of 2015, the company has an employee strength of 118,700. Novartis products are available in more than 180 countries.
Its count of patents is 972 million. Novartis did acquisition of GlaxoSmithKline’s (GSK) oncology products. The leading divisions of the company are Pharmaceuticals, Alcon and Sandoz. Alcon provides eye products while Sandoz is active in growing generic medicines industry. The Alcon division had disappointing performance which was offset by the strong performance of the company's Pharmaceuticals and Sandoz Divisions. Novartis is targeting growing areas of healthcare to develop innovative products.
The company had a revenue of $ 49440 million in 2015. Its total profits were $ 17794 million. The market capitalization of the company was at $ 210960 million. The innovations at Novartis happens in Novartis Institutes for BioMedical Research. This institute has more 6000 scientists and physicians. Company has unique program Novartis Access. This program is designed for low and middle income countries. It helps the countries to fight against deaths from chronic diseases.
Revenue: $ 49440 million
Net Profit/Loss: $ 17794 million
Market Capitalization: $ 210960 million
1. Johnson & Johnson
There are high chances that you would have used Band-Aid sometime in your life. Band-Aid is associated with Johnson and Johnson.
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Johnson & Johnson tops the list of top 10 pharmaceutical companies in USA, and is a leading pharma brand across the world. Apart from medical devices and pharmaceutical, the company also manufactures consumer packaged goods. Headquarter of Johnson and Johnson is situated in New Brunswick, New Jersey. Johnson and Johnson has around 250 subsidiary companies. Its operations are distributed in more than 57 countries.
Johnson and Johnson was incorporated in 1887 in New Jersey. The company was founded by Robert Wood Johnson, James Wood Johnson and Edward Mead Johnson. The founders of the company were brothers. It began its operations to manufacture surgical dressings. Currently, Alex Gorsky serves as the CEO and Chairman of the company.
The company had a revenue of $ 70074 million in 2015. Its total profits were $ 15409 million. The market capitalization of the company was at $ 287850 million. For fiscal year 2015, the company invested $ 9 billion in research and development.130 years old company's strategies are based on its broad and deep knowledge of the health care landscape. Johnson and Johnson is planning to acquire hair-care company Vogue for $ 3.3 billion cash. It will strengthen the consumer products business of the company. Johnson and Johnson baby powder was alleged to have carcinogenic compound. Taking this into cognizance the Maharashtra Food and Drug Administration (FDA) sent notice to the company in March 2016.
Revenue: $ 70074 million
Net Profit/Loss: $ 15409 million
Market Capitalization: $ 287850 million
Step 1: Give rank scores to the companies on the basis of
Annual 2015 total revenue, net profit and market capitalization (For end of Dec 2015)
Step 2: Companies with higher figures higher rank score (15-1).
Step 3: Calculate average rank score by weighted average of all the scores (rank score by total revenue, net profit and market capitalization)
Step 4: Weightages given are (0.6 to total revenue, 0.3 to net profit and 0.1 to market capitalization)
Step 5: The higher the average rank score, better the rank. In case of tie of average scores, bank with higher market capitalization is given better rank.
Sportswear brands have a tremendously huge market across the world, and is boosted by the love, affection and passion for sports. Every sports like football, basketball, cricket, golf etc commands a huge following giving sportswear brands a huge market. The top sportswear brands include Nike, Adidas, North Face, PVH, Dick's Sporting Goods alongwith Under Armor, Asics, Puma, Skechers and Columbia Sportswear. Here is the list of the top 10 sportswear brands in the world 2016.
10. Columbia Sportswear
One of the biggest outerwear producer on the planet, Columbia Sportswear Company outlines, fabricates, and showcases open air clothing and footwear.
It is known for circulating its stock to more than 10,000 retailers in North America, South America, Europe, Asia, and Australia-New Zealand. It is the main skiwear producer in the United States furthermore offers lines of snowboard attire, chasing and angling garments, easygoing sportswear, and adornments, for example, gloves, caps, scarves, shades, and ski goggles. Columbia's ascent to the top started amid the 1980s, when Gertrude Boyle and her child, Tim, organized the surprising development of their family-claimed business almost 50 years after the organization started working together as Columbia Hat Company. With mother and child in charge, Columbia's deals became rapidly after the organization entered the skiwear market in 1986 with its trademarked Interchange System of layered outerwear.
The organization made a notoriety for itself to some extent through an eye-discovering publicizing effort highlighting the executive as hard-determined "Mother Boyle." The organization is a worldwide supplier of fantastic outerwear, with dissemination in more than 30 nations. The Company works its very own couple retail outlets, with stores in Portland, Oregon, Nagoya, Japan, and in Sydney, Australia. Columbia additionally offers marked down products through its own outlet stores, with eight in the United States. The organization opened up to the world in 1998. Around 66% of the stock stays in the hands of the Boyle family.
Columbia Sportswear started as a little, family-claimed cap merchant. Columbia Sportswear disseminates its items in more than 72 nations and 13,000 retailers. Columbia likewise works its own chain of retail locations, including its lead store situated in downtown Portland, Oregon. Columbia Sportswear Company is traded on an open market on NASDAQ (COLM).
Established in 1992, Skechers U.S.A. Inc. is one of the quickest developing footwear organizations in the United States.
It is known for concentrating on in vogue, easygoing styles pointed basically at men and ladies from the ages of 19 to 40. With 2005 deals surpassing $1 billion, the organization outlines and markets more than 2,000 distinctive styles of shoes, which are sold in real retail establishments, the organization's site, and more than 150 organization possessed stores. Skechers' items are additionally sold in more than 100 nations over the globe through a system of more than 30 universal wholesalers. The organization spends intensely on advertising effort and has procured well known pop vocalists including Britney Spears, Christina Aguilera, Carrie Underwood, and Ashlee Simpson to advance its items. In 2007, exchange magazine Footwear Plus named Skechers "Organization of the Year" for the second back to back year.
Skechers endeavors to keep up an in vogue and a la mode brand picture by utilizing big name driven publicizing, and has advanced its item with The Voice TV program champ Danielle Bradbery, TV character Brooke Burke-Charvet, marathon runner Meb Keflezighi, quarterback Joe Montana, and business visionary Mark Cuban. In 2014, the organization marked an arrangement with the proprietors of the race horse California Chrome to show the organization's logo on different things worn by the stallion and his handlers amid the 2014 Belmont Stakes. In October 2014 performer Ringo Starr signed to show up in the worldwide advertising effort for Skechers Relaxed Fit footwear
The organization offers two unmistakable footwear classifications: a way of life division that incorporates the philanthropy line BOBS and Relaxed Fit solace shoes, and an execution division that incorporates Skechers GOrun and GOwalk footwear. Through authorizing assentions, the organization offers marked clothing, sacks, watches, eyewear and extra stock. Skechers has a broad system of worldwide wholesalers that offer its item in more than 120 nations and domains, and almost 900 Skechers stores far and wide
Puma is a noteworthy German multinational organization that plans and produces athletic and easygoing footwear and attire, headquartered in Herzogenaurach, Bavaria.
Puma was formed in 1924 as Gebrüder Dassler Schuhfabrik by Adolf and Rudolf Dassler. The relationship between the two siblings weakened until the two consented to part in 1948, shaping two separate elements, Adidas and Puma, both of which are at present situated in Herzogenaurach, Germany. Puma makes football boots and has supported various footballers, including Pelé, Diego Maradona, Thierry Henry, Robert Pirès, Cesc Fàbregas, etc. The principal endorser for Asian Region is Luhan, a Chinese performing artist and vocalist. In the United States, the organization is known for the softened cowhide b-ball shoe it presented in 1968, which in the end bore the name of New York Knicks b-ball star Walt "Clyde" Frazier, and for its underwriting association with Joe Namath.
Taking after the split from his sibling, Rudolf Dassler initially enlisted the new-settled organization as Ruda, however later changed the name to Puma. Puma's most punctual logo comprised of a square and brute hopping through a D, which was enrolled, alongside the organization's name, in 1948. Jaguar's shoe and apparel outlines highlight the Puma logo and the unmistakable "Formstrip".
The organization offers lines of shoes and games attire composed by Lamine Kouyate, Amy Garbers, and others. Since 1996 Puma has heightened its exercises in the United States. Puma claims 25% of American brand sports garments creator Logo Athletic, which is authorized by American expert ball and affiliation football associations.
Since 2007 Puma has been a piece of French gathering Kering (previously known as Pinault-Printemps-Redoute or PPR). Puma additionally makes different items, for example, garments and sacks. The vast majority of them have a tag that incorporates a fingertip outline and expressions like 'Always be yourself' and 'Wash this when dirty”
Revenue: $3725.7 Mn
ASICS is a Japanese multinational partnership athletic products organization which produces footwear and games gear intended for an extensive variety of games, for the most part in the upper value range.
The name is an acronym for the Latin expression anima sana in corpore sano which deciphers as "a solid soul in a sound body". Off late, their running shoes have regularly been positioned among the top sports footwear in the business sector, and the brand has gained tremendous popularity and global brand reach. ASICS Ltd started as Onitsuka Co, Ltd on September 1, 1949. Its originator, Kihachiro Onitsuka, started fabricating ball shoes in the place where he grew up of Kobe, Hyogo Prefecture, Japan. Not long after the scope of games exercises broadened to an assortment of Olympic styles utilized all through the '50s, '60s and '70s by competitors around the world. Onitsuka turned out to be especially famous for the Mexico 66 outline, in which the unmistakable crossed stripes, now synonymous with the organization brand, were highlighted surprisingly. In 1977, Onitsuka Tiger converged with GTO and JELENK to frame ASICS Corporation. In spite of the name change, vintage ASICS shoes are still created and sold globally under the Onitsuka Tiger name.
Nike, Inc., initially known as BRS, was established to offer Onitsuka Tiger shoes in the US. At the point when Phil Knight went to Japan in 1963 just before he moved on from Stanford University, he was awed by Onitsuka Tiger shoes with their high caliber however sensible costs. He quickly went to the Onitsuka Tiger office and requested that be their business operator in the USA. When Knight established Nike, he headhunted engineers from Onitsuka and made early Nike shoes at the Asahi Corporation in Fukuoka, Japan
6. Under Armor
Under Armor, Inc. is an American games apparel and adornments organization. The organization is a supplier of sportswear and easygoing apparel.
Image: company website
Under Armor started offering footwear in 2006, and Under Armor's worldwide central station is situated in Baltimore, Maryland with extra North American corporate office areas around USA and Canada. Under Armor's International Headquarters is situated in Panama City, with workplaces in Brazil, Chile and Mexico. Its European home office is in Amsterdam's Olympic Stadium with an extra office in Munich, Germany. The Under Armor Shanghai office is the territorial central station for Greater China. Extra Asia Pacific workplaces are in Guangzhou and Hong Kong, Jakarta, Tokyo and Sydney.
Under Armor was established in 1996 by Kevin Plank, a then 23-year-old previous exceptional groups commander of the University of Maryland football group. Board at first started the business from his grandma's storm cellar in Washington, D.C. His first group deal came toward the end of 1996 with a $17,000 deal. From his grandma's cellar, Plank moved to Baltimore. After a couple moves in the city he arrived at his ebb and flow central station in Tide Point.
Under Armor got its first huge break in 1999 when Warner Brothers reached Under Armor to outfit two of its element movies, Oliver Stone's Any Given Sunday and The Replacements. In Any Given Sunday, Willie Beamen (played by Jamie Foxx) wears an Under Armor athletic supporter. On March 3, 2016, the organization turned into the Official Match Ball Partner of the North American Soccer League, beginning with their 2016 season.
May 26, 2016 Under Armor and UCLA declared their arrangements for a 15-year, $280 million dollar contract, making this the biggest appear and attire sponsorship in NCAA
5. Dick’s Sporting Goods
Dick's Sporting Goods, Inc., or Dick's, is a Fortune 500 organization in the sporting products and retail commercial enterprises headquartered in Findlay Township, Pennsylvania, in Greater Pittsburgh, with a postage information of close-by Coraopolis.
Dick's has 600+ stores in nearly 50 states, principally in the eastern portion of the United States. The organization likewise claims Golf Galaxy, Inc., a golf strength retailer, with 80+ stores in 30 states and chains True Runner and Field and Stream, which shows its strong brand presence pan America. Established in 1948 by Richard "Dick" Stack, the chain has extended to wind up one of the biggest donning products retailers on the planet. In 1948, at 18 years old, Richard Stack worked at an Army/Navy store in the place where he grew up of Binghamton, New York, after World War II. At the proprietor's solicitation, "Dick" investigated growing the product offering to incorporate angling and outdoors supplies, however the proprietor rejected Dick's proposals, expressing that Dick "could never make a decent vendor."
At the point when Dick described his story soon thereafter, his grandma exhorted, "Dick, dependably take after your fantasies," and gave him $300 from her reserve funds. He leased a storefront and opened the main Dick's as a little "goad and handle" angling supply store, on Court Street close Howard Avenue.
The organization utilized the e-tailing site dickssportinggoods.com, worked by GSI Commerce under permit and e-business understandings. Since the e-business site was worked under an organization separate from Dick's Sporting Goods, the site frequently conveyed a more extensive choice than what is accessible in the stores with costs periodically varying. Starting in 2013, the organization started utilizing a boat from-store stage for online requests. This implies the organization has a point by point stock for each store, and pulls new/utilized stock from a neighborhood store to satisfy online requests to lessen shipping costs. As of March 2009, clients may return things acquired from the site
On August 16, 2013, Dick's Sporting Goods opened its first Field and Stream Shop in Cranberry Township, Pennsylvania at the site of the previous Dick's area in Cranberry (Dick's had moved to a more current area adjacent in 2012), working as a contender to Cabela's
The Phillips-Van Heusen Corporation (PVH), is an American apparel organization which claims brands, for example, Tommy Hilfiger, Calvin Klein, IZOD, Arrow.
Image: company website
It also licenses brands, for example, Geoffrey Beene, BCBG Max Azria, Chaps, Sean John, Kenneth Cole New York, JOE Joseph Abboud and Michael Kors. It is mostly named after Dutch outsider John Manning Van Heusen, who in 1910 imagined another procedure that melded fabric on a curve, and has become a global brand in apparel industry. The historical backdrop of Phillips-Van Heusen (PVH) backtracks partially to Dramin Jones, a Prussian outsider who established D. Jones and Sons, which had turned into the biggest shirt-producer in the United States by the 1880s. Independently, in 1881, Moses Phillips and his significant other Endel started sewing shirts by hand and offering them from carts to neighborhood anthracite coal-excavators in Pottsville, Pennsylvania.
PVH gives items to numerous well known retail chains, for example, Sears, JC Penney, Macy's, MYER, David Jones, Kohl's, and Dillard's, both through its own particular marks and private name assentions. PVH likewise offers its items straightforwardly to clients through around 700 outlet stores under the brand names Van Heusen, IZOD, and Calvin Klein.
These stores will offer the full scope of Calvin Klein item at the maximum, contrasting from existing outlet stores. The stores will be around 10,000 square feet (930 m2). Phillips-Van Heusen is shutting its Geoffrey Beene outlet retail division before monetary year's over 2008. Approximately 25% of the Geoffrey Beene stores will get to be Calvin Klein stores, while the remaining will shut down. The organization will keep on licensing the Geoffrey Beene brand name for Geoffrey Beene brand dress shirts and men's sportswear until no less than 2013
3. North Face
The North Face, Inc. is an American outside item organization represent considerable authority in outerwear, wool, coats, shirts, footwear, and gear, for example, rucksacks, tents, and resting sacks.
Image: company website
Its dress and hardware lines are provided food towards undergrads, climbers, mountain dwellers, skiers, snowboarders, explorers, and perseverance competitors. The organization supports proficient competitors from the universes of running, climbing, skiing and snowboarding. The North Face started as a San Francisco climbing hardware retail location, established in 1966 by Douglas Tompkins and his then-spouse, Susie Tompkins. It was obtained two years after the fact by Kenneth "Hap" Klopp. The possibility of The North Face began after a trekking stumble on the Eagle Mountain in Minnesota. The north face of a mountain in the northern half of the globe is by and large the coldest, iciest and most considerable course to climb.
Today, The North Face is an entirely claimed backup of the VF Corporation. Its central command is in Alameda, California, co-situated with its corporate kin, JanSport. In 2007, JanSport was the world's biggest rucksack creator; joined, the two made about portion of all little knapsacks sold in the United States.
In December 2008, The North Face recorded a claim in the United States District Court for the Eastern District of Missouri against The South Butt, its maker James A. Winkelmann, Jr., and an organization which took care of the company's promoting and assembling. In the legitimate activity, The North Face affirmed trademark encroachment and looked for injunctive relief. After the court requested intervention for the situation, the gatherings achieved a shut settlement concession to April 1, 2010; notwithstanding, in October 2012, Winkelmann conceded in court that he and his dad damaged the settlement concurrence with The North Face and consented to pay $65,000, a sum that will be lessened by $1,000 for each month of consistence.
Profit=$ 1,232 Mn
Adidas AG is a German multinational organization that outlines and makes sports shoes, garments and extras headquartered in Herzogenaurach, Bavaria.
Image: company website
It is the biggest sportswear producer in Europe and the second greatest in the world, and has a immensely popular brand recognition due to its global presence. It is the holding organization for the Adidas Group, which comprises of the Reebok sportswear organization, TaylorMade-Adidas golf organization (counting Ashworth), certain share of Bayern Munich football club and Runtastic. Adidas was enlisted on 18 August 1949 by Adolf Dassler, taking after a family fight at the Gebrüder Dassler Schuhfabrik organization amongst him and his more seasoned sibling Rudolf. Rudolf had before set up Puma, which rapidly turned into the business adversary of Adidas and is additionally headquartered in Herzogenaurach. The organization's garments and shoe outlines commonly highlight three parallel bars, and the same theme is consolidated into Adidas' present authority logo. The brand name is suitably uncapitalized, with a lower case "a".
One of the fundamental centers of Adidas has dependably been football unit and the related hardware. Adidas remains a noteworthy organization in the supply of group units for worldwide affiliation football groups and clubs, including Bayern Munich, Real Madrid, Chelsea and A.C. Milan, with Manchester United, Juventus and River Plate beginning in the 2015–16 season.
Adidas makes official units that are utilized as a part of worldwide rivalry and by numerous nations and alliances on the planet. The organization has been a pioneer in the zone of footwear for the game. It holds the honor of the top of the line boot ever. The delicate ground proportional was named World Cup and it too stays available, ageless and notorious.
In 1999, TaylorMade and AdidasGolf USA, were converged into another organization—called TaylorMade-Adidas Golf—with world home office in Carlsbad. Mark King was named president of the organization he had started his vocation with in 1981 as a business agent after a short spell as VP of offers and promoting at Callaway Golf Ball Co. in 1998.
In November 2008, Ashworth (apparel) turned into a completely claimed auxiliary of TaylorMade-Adidas Golf, corresponding to the manufactured execution fabrics of Adidas Go
Revenue: $18606.5 Mn
Nike, Inc. is an American multinational enterprise that is occupied with the outline, advancement, producing and overall advertising and offers of footwear, clothing and sport equipment.
Image: company website
The organization is headquartered close Beaverton, Oregon, in the Portland metropolitan territory. It is one of the world's biggest suppliers of athletic shoes and apparel and a noteworthy maker of games equipment, and has a hugely popular global footprint through its innovative advertising and branding. The company has more than 44,000 individuals around the world. In 2014 the brand alone was esteemed at $19 billion, making it the most important brand among games businesses. The organization was established on January 25, 1964, as Blue Ribbon Sports, by Bill Bowerman and Phil Knight, and authoritatively got to be Nike, Inc. on May 30, 1971. The organization takes its name from Nike, the Greek goddess of triumph.
Nike has obtained a few clothing and footwear organizations through the span of its history, some of which have subsequent to been sold. Its first procurement was the upscale footwear organization Cole Haan in 1988, took after by the buy of Bauer Hockey in 1994. In 2002, Nike purchased surf clothing organization Hurley International from originator Bob Hurley. In 2003, Nike paid US$309 million to get Converse, creators of the Chuck Taylor All-Stars line of sneakers. The organization obtained Starter in 2004 and Umbro, known as the producers of the England national football group's unit, in 2008.
Keeping in mind the end goal to refocus on its center business lines, Nike started stripping of some of its backups in the 2000s. It sold Starter in 2007 and Bauer Hockey in 2008. The organization sold Umbro in 2012 and Cole Haan in 2013.As of 2013, Nike claims two key auxiliaries: Converse Inc. also, Hurley International.
The leading 20 sportswear brands are considered and 70% (revenue) and 30% (profit) weightages are given. The final score is calculated and the ranks are evaluated.
The Iron and Steel industry has grown over the decades to be largest sectors and businesses in the world. The top iron & steel companies are Arcelor Mittal, VALE, Nippon Steel & Sumitomo Metal, POSCO & JFE Steel along with brands like Baosteel, TATA Steel, Hyundai Steel, Kobe Steel and NUCOR. It continues to contribute to the major industries like Manufacturing, Construction, Automobiles, Defense and Transportation etc. In fact we can see Iron and Steel products in every aspect of our daily lives. To remind once, Steel is an alloy of Iron and other elements like Carbon etc. The wide application of steel products comes from their tensile strength and low costs. Consumption of steel products is largely dependent on the growth of the national economy which means the steel industry is cyclical in nature. The consumption of steel in the world is measured in crude steel production terms as crude steel would later be converted to various forms of steel products. Here is the list of the top 10 Iron and Steel Companies in the world 2016.
The U.S Steel Company Nucor was founded by Samuel Siegel and Ransom E Olds in the year 1905 and is headquartered in Charlotte, North Carolina.
Image: company website
Main operations of the company through three segments: Steel Products, Steel Mills and Raw Materials. The Steel Products segment produces the steel fasteners, steel joists, metal building materials and systems, fabricated concrete reinforcing steel, light gauged steel framing and grating, wire & wire mesh products. The Steel Mills segment produces and distributes the structural steel, plate steel, sheet steel and bar steel Mills. The Raw Materials segment produces brokers’ ferrous and nonferrous metals and direct reduced iron among many. Nucor is the largest recycler of any raw material in North America, having the recycling ability of 1 ton of steel every 2 seconds.
In 2015, Nucor earned $358 million, compared with consolidated net income of $714 million in 2014. Total net sales reduced by nearly 22% to $16.4 billion compared with $21 billion in 2014. Total tons shipped to outside Customers reduced. The average scrap and scrap substitute cost used saw a decrease of 29% from $381 to $270 per ton. Despite the poor market scenario, many business groups saw high performance over the previous year, which includes bar and structural steel divisions and the steel products group. Unfortunately, significant market headwinds resulted in lower performance for our sheet and plate divisions compared to 2014.
Nucor has also joined other U.S. steel companies in filing trade cases for several flat-rolled products, including corrosion-resistant, hot-rolled and cold-rolled steel. The International Trade Commission has made preliminary determinations of injury in all three cases, allowing the investigations to proceed. Nucor Corporation continues to assess the market conditions in other product areas and pursue cases to benefit itself and the steel industry.
Total Assets: $14.25 billion
Net Sales: $16.44 billion
Net Profits: $496.08 million
9. Kobe Steel (KOBELCO)
Kobe Steel is the Japanese major steel company founded in 1905 and headquartered in Kobe city, Japan; Kobe Steel engages in the manufacturing, producing and selling of iron and steel products.
Image: company website
Its location in a major pot city in japan was useful in exporting and importing iron ore and coal. The Iron & Steel Business segment provides titanium and titanium alloys, steel wire rods and bars, steel sheets, steel billets, steel castings & forgings, slag products, foundry pig iron, stainless steel tube and few other specialty steel products. Other business segments of Kobe Steel consist of wholesale power supply, construction machinery, Electrical machinery, real estate, and electronic materials etc.
Total assets for Kobe Steel at the end of FY15 decreased by 39 billion yen, compared with the end of FY14, to 2261 billion yen due to the decrease in securities and the increase in allowance for doubtful accounts, although cash and deposits increased. Due to the posting of net loss attributable to owners of the parent and other factors, net assets at the end of FY15 decreased 106 billion yen, compared with the end of FY14, to 745 billion yen. As a result, the net worth ratio at the end of FY15 was 30.7 percent, a decrease of 3.2 percentage compared with the end of FY14.
Net cash flows from operating activities amounted to 98 billion yen after posting loss before income taxes and non-controlling interests of nearly 11 billion yen and depreciation of 95 billion Yen. Net cash flows from investing activities amounted to (105 billion yen) due to the purchase of fixed assets and other items. Net cash flows from financing activities amounted to 94 billion yen due to the increase of borrowings and other items. At the end of fiscal year 2015, other debt, that includes IPP project financing, increased 112 billion yen, compared with the end of fiscal year 2014, to 789 billion yen.
Total Assets: $20.09 billion
Net Sales: $16.2 billion
Net Profits/Losses: - $299.29 million
8. Hyundai Steel Company
Korean Steel major Hyundai Steel Company was founded in 1953 in Incheon and Seoul, South Korea.
Image: company website
It was the first steel maker in Korea and is the member of Hyundai KIA Motor Group Company. The major operations of Hyundai Steel Company include Special Steel business, Electric Arc furnace business, and Blast furnace business, and it’s a globally recognized brand name. Korea’s economic development and Steel business development can be highly attributed to technological development of electric arc furnaces by Hyundai Steel. With the 2010, completion of an integrated steel mill, the first ever constructed by a private company, Hyundai Steel has grown into a global steel maker with a product portfolio that is second to no other company in the world.
As part of the Hyundai Motor Group, Hyundai Steel Company is playing a crucial role in resource recycling network of the group by making automobiles using molten iron. In the process, Iron that is melted in a blast furnace is transformed into moulds of cars. Hyundai steel manufacturing is widely known for its quality and manufacturing process used.
Hampered by the recent fall in oil prices, a recent rise in interest rates in US, and the Abenomics policy in Japan, the global economic crisis exists and expected to continue. In response to the current economic climate, businesses must strengthen their operations and competitive abilities to focus on their key competences more keenly now than ever before. Based on the company’s strengths in blast and electric arc furnaces, Hyundai Steel has the competitiveness and distinct competence to handle rapidly changing global economics in a flexible manner.
FY15 was quite challenging for Hyundai Steel group, given the slowdown of world’s automobile industry and Korean economy. Based on innovative business initiatives such as the construction of a round bar production plant, the company has developed several marketing strategies in line with the changes in the global steel market while reinforcing its status both in Korea and in the world market.
Total Assets: $25.49 billion
Net Sales: $12.49 billion
Net Profits: $907.43 million
7. TATA Steel
Tata Steel was incorporated in 1907 in Jamshedpur by JRD TATA, as Asia's first integrated private-sector steel company.
Currently it is headquartered in Mumbai, India, and its largest plant is located in Jamshedpur, Jharkhand with a capacity of 9.7MTPA. TATA Steel has its manufacturing operations present in 26 countries including India, the UK, Netherlands, Thailand, Singapore, China and Australia. Total annual crude steel capacity of TATA Steel amounts to nearly 29MTPA. In 2007 Tata Steel had acquired the UK-based steel major Corus for nearly $13 billion which was the largest international acquisition by an Indian company. With its investments in Corus (Division in Europe), Millennium Steel (Division in Thailand) and NatSteel Holdings (Division in Singapore), Tata Steel has become one of the largest global steel companies.
The company manufactures a wide range of products and is present across 50 countries. It produces steel through the blast furnace/BOF route and has highly efficient production processes. It has modern CR mills to produce CR and galvanized products. Its main offerings are value-added steel products, such as HR strips, coils, sheets, plates, bars, rods and structurals. It also manufactures and sells semis, viz. billets, blooms and slabs.
During the FY16, the Company's Indian operations were negatively impacted by the regulatory issues and uncertainties in the mining sector which resulted in lower than expected performance. For the first time in the history of TATA Steel, many of its critical mines remained closed for some period, causing high stress on the company’s operations and utilizations. This has led to disruptions in supply and production and impacted the company’s cost structure.
Despite heavy competition and greater price fluctuations globally, the Tata Steel Group achieved growth in both production and sales. This was mainly due to various initiatives taken, that built competitiveness, improved efficiencies and enabled market differentiation. The company was able to manage its deliveries across the Group despite depressed steel markets. The company successfully refinanced US$ 7 billion ahead of time to help in maintaining low risk in the Balance Sheet. Note: TATA Steel had closed their operations in UK in April 2016 and in final deals to sell its assets so we have not considered those assets as part of the total assets.
Total Assets: $24.11 billion
Net Sales: $28.02 billion
Net Profits/Losses: -$801.22 million
6. Baoshan Iron & Steel (Baosteel)
Baoshan Iron & Steel Company commonly known as Baosteel was founded on February 3, 2000 in Shanghai, China.
Image: company website
It is a state owned Iron and Steel company and part of the Shanghai Baosteel group corporation, and one of the largest companies in China. It operates majorly in three reported segments: iron & steel manufacturing, sales of iron & steel products and other specialized businesses. The company’s Iron and steel manufacturing segment manages all units of iron and steel production. The Sale division primarily looks after the trading of iron and steel. Other specialized segments offers finance, chemical and information services. These segments are managed through the company's subsidiaries.
In the past three years, Baosteel’s primary operations in iron and steel helped in effectively addressing the severe market challenges and staying ahead of the competitors and in the domestic industry by focusing on the areas like improvement in adjustment of product mix, industrial layout, and optimization of cost performance, innovation in technology and overall competitiveness. The company also made collaboration with its steel sector, the integrated and diversified sectors of Baosteel have continuously made the transformation from internal units to market-oriented sectors, and was able to make solid progress in their industrial development. The Company was able to initiate its strategic transformation from steel production to the materials, from manufacturing to services and from China to the world. The company has also launched the research and development of new materials such as aluminum, magnesium, titanium products and energy storage materials, which helped in optimizing deployment of the processing and distribution of service network using its technology, and begun to gradually grow into a supplier of integrated material solutions specializing in iron and steel.
In face of negative operating environment, the Company has continuously improved the effective coordination of Purchase & sale, strong customer service and technological innovation, optimized producing & marketing mode, strongly enhanced cost reduction and performance improvement, helped in facilitating development in two wing fields to make sure operating objectives of 1st quarter are accomplished up to the requirements. In the reporting period, the Company had produced 5.4 million tons of iron, 5.6 million tons of steel and 5.2 million tons of steel products, and achieved a total consolidated profit of RMB 2.2 billion.
Total Assets: $37.61 billion
Net Sales: $26.71 billion
Net Profits: $1056.17 million
5. JFE Steel Group
The Japanese steel major JFE Holdings, Inc. was formed in 2002 and is headquartered in Tokyo city, Japan.
Image: company website
The company was formed by merging the companies NKK and Kawasaki Steel Corporation, and before the merger, NKK Corporation and Kawasaki Steel were the second and third largest steelmakers in Japan respectively. Currently JFE Steel Corporation is part of the JFE Holdings group. JFE's primary business is its steel production along with its involvement in other businesses like engineering, metal products in ship building and real estate development etc.
JFE Steel Corporation production centers are mainly concentrated in three regions: two of them being the large coastal steelworks in eastern and western Japan, and the third one is Chita Works, which specializes in producing steel pipes and steel tubes. All of these centers use advanced technologies to produce efficient and high-quality steel products. The company also has technical research centers at all the regions for the development and application of advanced technologies in making steel in the world.
The JFE Group has made consistent efforts to increase its profits. Efforts in Japan included improving its manufacturing base and using its cutting edge technology to develop new products and minimize costs. Overseas, the JFE Group made greater efforts to expand its businesses based on its long-term strategy. Despite these efforts, the persistent oversupply of steel resulted in the deterioration of global steel industry conditions, resulting in decreases both in operating income and in net profits compared to previous year. As a result, if we look on a consolidated basis, net sales has come down to 3432 billion yen. Operating profits have fallen to 90 billion yen and normal profits have fallen to 64 billion yen. An economic profit of 10 billion yen was recorded for FY16. Profit before taxes came to nearly 75 billion yen and profit attributable to shareholders and owners of the parent company was nearly 34 billion yen.
By segment, the production of crude steel in the steel business had decreased to nearly 30 million tons in the face of domestic inventory adjustment. The lower prices in the industry and excessive supply from china led to the drop in Net sales to 2445 billion yen. Although the business made greater efforts to improve profitability, Net income decreased to nearly 28 billion yen due to a decrease in sales volume and unfavorable export conditions.
Total Assets: $37.63 billion
Net Sales: $30.49 billion
Net Profits: $334.57 million
The Korean major POSCO Corporation was found in 1968 in Pohang, South Korea.
Image: company website
POSCO was renamed after Pohang Iron and Steel Company, which was a famous multinational steel maker. Back then in 1986, the CEO of POSCO founded the Pohang University of Science & Technology (POSTECH University) as first science and technology research oriented university in Korea. He had a mission to educate young Koreans who can contribute to national prosperity through the advancement in science and technology, as he believed that “One can import coal and machines, but one cannot import talent”.
The largest single steel mill in the world, Pohang Works is owned by POSCO which produces hot rolled, cold rolled and stainless steel products. There are nearly 18000 employees at the end of the year 2015 working at POSCO.
With the recession of the global economy that continued in 2015, POSCO’s sales based on separate financial statement decreased by 4.3 percent at KRW 29,219 billion while operating profit increased by more than 6 percent at KRW 2,350 billion. The company’s Net profit margin reached 8 percent on a standalone basis. Though the structural recovery of the steel economy may not be in the near future, we continue our efforts to improve our financial structure by enhancing our fundamental competitiveness through expanding the sales of high value products and selling non-core assets. A global provider of steel information held the 29th Steel Success Strategies conference in 2015 where POSCO was named the most competitive among the 36 steelmakers in the world for five consecutive years based on its quality and production standards.
Total Assets: $45.51 billion
Net Sales: $50.82 billion
Net Profits/Losses: - $24.09 million
3. Nippon Steel & Sumitomo Metal Corporation (NSSMC)
Nippon Steel & Sumitomo Metal Corporation is a major Japanese steelmaker founded in 2012 with the merger of other Japanese steel makers Nippon Steel and Sumitomo Metal.
Image: company website
Before the merger Nippon Steel was a prominent domestic steel player in Japan which was formed in 1970 with a merger between Fuji Iron and Steel and Yawata Iron and Steel. The company’s overall businesses can be categorized into five business segments: steelmaking & steel fabrication, Engineering & Construction, Chemicals, New materials (nonferrous), and System solutions. The Nippon Steel & Sumitomo Metal Corporation Group is comprised of the parent company Nippon Steel & Sumitomo Metal Corporation, 339 consolidated subsidiaries, and 103 other affiliates. The steel business in the world has seen its lowest prices and profits during the FY 2016 where the company has made steady progress in implementing the strategies of the Medium-Term Management Plan to Fiscal 2017, which was launched at the end of March 2015. The plan included enhancing and modernizing the efficiencies of the domestic mother mills, advancing global strategies, realizing world-leading cost competitiveness, augmenting technological superiority, and strengthening the subsidiaries and affiliates in the steel business.
NSSMC’s consolidated results for FY 2015 include ¥4,907 billion in net sales, ¥168 billion in operating income, and ¥201 billion in ordinary income. Decline in shipment volume and a decrease in steel material prices has substantially affected the results, which can also be attributed to lower profit by group companies and other factors. As a result, retained profit attributable to owners of parent company amounted to nearly ¥145 billion.
Consolidated total assets for the company at the end of fiscal 2015 reported was ¥6,425 billion, showing a decrease of ¥733 billion from ¥7,158 billion at the end of FY 2014. The main reasons were decreases in accounts and cash receivables of ¥92 billion, material inventories of ¥143 billion, investments in financial securities of ¥176 billion, shares of subsidiaries and affiliates of nearly ¥100 billion, and net defined assets of ¥65 billion.
Total Assets: $56.24 billion
Net Sales: $41.14 billion
Net Profits: $1778.83 million
VALE is the largest South American steelmaker. It was founded in 1942 and headquartered in Rio de Janeiro, Brazil.
Image: company website
It is widely known for its logistics operations in metals and mining activities in Brazil, and is a globally recognized brand in the iron and steel industry worldwide. Vale SA is engaged in the production and export of iron ore, Iron pellets, Ferro alloys and manganese products which are the raw materials needed in making steel. The services provided by the company can be primarily divided into four segments: Bulk Material, Basic metals, Fertilizers, and the Logistic services, Vale is known for its prudent investments in joint ventures and associate with other business entities. It also operates through its subsidiaries and affiliate entities which are situated in Brazil, Chile, Singapore, Australia, and the United States etc.
VALE is one of the largest metal products & mining companies in the world, based on its market capitalization. It is also the world’s largest producer of Nickel, iron ore and iron ore pellets. Other products of the company include manganese ore, metallurgical & thermal coal, ferroalloys, copper, platinum and other Noble metals, potash, phosphates, cobalt, and other fertilizer nutrients. The company is operating in mineral explorations in 6 countries around the globe. The company operates using large logistics systems in its business locations, which are also used in railroads, maritime terminals & ports, which help in integrating with their mining operations. In addition, the company has a mix of floating transfer stations, maritime freight assets, and distribution centers setup to support iron ore distribution worldwide. Directly and through affiliates and joint ventures, it also have investments in energy and steel businesses.
In 2015, the company has launched a new blended product in iron ore fines to better meet the market needs. The new product has become popular for its ease of transportation and substitutability. This product reduces the time to reach Asian markets and increases the company’s distribution capability by using smaller vessels.
Total Assets: $88.49 billion
Net Sales: $25.61 billion
Net Profits/Losses: - $12620 million
1. Arcelor Mittal
The global steel giant Arcelor Mittal is a multinational and largest steel manufacturing corporation in the world headquartered in Luxembourg.
The company was incorporated in 2006 from the takeover of Arcelor by Mittal Steel, which was an Indian owned multinational steel maker. The acquisition price was around $33 billion in total which was the largest acquisition in the steel industry till then, and has since then become one of the leaders in the industry. In 2014, the Company in collaboration with Nippon Steel & Sumitomo Metal Corporation has made the acquisition of ThyssenKrupp Steel USA, a steel processing company in Alabama, US.
ArcelorMittal is the largest steelmaker in the Americas, African countries and the Europe and is the fifth largest steelmaker in the CIS region. ArcelorMittal has steelmaking operations in 19 countries across 4 continents, including 54 integrated and mini mill steel making facilities. At the end of the FY16, the company had nearly 209,000 employees.
ArcelorMittal is known for its high degree of geographic diversification in steel making operations. It contributes to nearly 37% of the crude steel is produced in the Americas, approximately 47% of steel produced in Europe and nearly 15% produced in other countries in the rest of the world. In addition, ArcelorMittal’s sales of steel products are generated from both developed and developing markets in the world, which have different consumption characteristics. ArcelorMittal’s mining operations are integrated with its global steel making facilities and are essential producers of iron ore and coal for their businesses.
ArcelorMittal had sales of $63.6 billion for the financial year 2016, representing nearly 20% decrease from sales of $80 billion for the financial year 2015. The loss in sales can be primarily attributed to lower average steel selling prices which were down by more than 20%
ArcelorMittal has made operating losses for FY 2016 which amounts to nearly $4 billion as compared to operating profits of $3 billion for FY 2015. Operating losses in FY 2015 were mainly due to impairment charges of $5 billion including $1 billion with respect to the Mining segment goodwill and $4 billion related to its tangible net worth.
Total Assets: $64 billion
Net Sales: $63.58 billion
Net Profits/Losses: - $8423 million
A sample size of 20 global companies were taken for analysis. 3 major parameters for iron and steel companies are its value of assets, ability to generate sales and Profits. The data on these 3 parameters have been collected in million US dollars for the financial year 2016.
Total Value Assigned = 0.4*Total Assets+0.3*Net Sales+0.3*Net Profits
The final ranking was arrived based on the value derived from the above formula.
South Africa was ranked third among the BRICS economies in the World Economic Forum's 2015-2016 Global Competitiveness Index and the second among African country, after Mauritius. South African legislation governing commerce and has made strong policies on competition, copyright, patents, trademarks and disputes. Additionally, the country's modern infrastructure supports efficient distribution of goods throughout the southern African region and facilitates trade with other countries. Hence, competitive market forces have thrived and a business friendly atmosphere has been created which allows South African companies to rub shoulders with their global counterparts. Here is the list of top 10 companies in South Africa in 2016.
10. Shoprite Holding
As Africa's largest food retailer, Shoprite has been a pioneer in distribution excellence and consumer satisfaction.
Image: company website
This is proven by the recent Times Retail Awards where Shoprite bagged the award for number one Grocery store while the group also came second and third in Household Appliance and Specialist Entertainment category. Shoprite operates with 1825 corporate and 363 franchise outlets in 15 countries across Africa and the Indian Ocean Islands. The Group is continuously implementing strategic expansion to maintain its position as the leading food retailer of the continent. In order to cater to the demand of all its customer segments it has opened stores in three different formats i.e. Checkers, Checkers Hyper and House & Home stores focusing on higher income group, Shoprite and OK Furniture focusing on the broad middle income group and Shoprite Usave focusing on the lower income section. It closely mirrors the demographic profile of the customers which shop at the Group’s supermarkets each month. It has thereby been able to position itself as a one-stop solution for food and household items by providing world class shopping experience at lowest possible prices.
The Group’s chains are now being frequented by more than 72% of all South African shoppers. It currently employs more than 136,000 people and is a major contributor in nurturing stable economies and social upliftment of the people of Africa. Hence, owing to its strong hold on the South African market and growing presence in the Sothern Africa it has a potential to substantially increase its sales from the current 9.3bn USD to 20bn USD in a span of 5 years. This kind of expansion will help it not only retain its position in food retail but make its global presence felt by tapping into uncharted territories and have a first mover advantage in most of Southern Africa.
Sales (in bn $): 9.3
Profits (in bn$): 0.341
Assets (in bn $): 3.3
Africa’s largest internet and media group, Naspers operates in print classifieds, online retail, marketplaces, online shopping comparison, video entertainment, payments and online services.
Image: company website
It offers services in more than 130 countries with a market capitalization of 60bn USD making it the largest company in Africa and the 7th largest Internet company in the world. Naspers has sizeable investments in Flipkart, Tencent and Mail.ru, which are high growth companies in their respective markets thereby strengthening Naspers global presence in the worldwide internet services market. The group backs new business models to fuel its growth seeking opportunities to address big societal needs in markets where it sees the greatest growth potential. These include all major markets in the 0world, wherever the group sees the potential for transforming the startups with technology and providing them a global scale.
In June, 2016, Naspers has invested $60 Million in Udemy , a global marketplace for learning and teaching online, to expand global reach to students and instructors worldwide. The group has invested in Brainly to target the EdTech market by investing in social learning network. Brainly has not only identified a way that technology can help drive educational impact beyond the traditional classroom model but has proven its business across geographies.
The group attracts and recruits the best talent in the world to build outstanding companies and products. With a focus on long-term growth the company empowers its employees to make responsible decisions as it helps them to connect, learn and stretch making best use of their talent. The group has always sought to move fast and seize opportunities before its competitors may even realize of its presence.
Sales (in bn $): 6.4
Profits (in bn$): 1.1
Assets (in bn $): 13.3
Majorly a services, trading and distribution company, the Group has investments in over 300 companies across five continents in the foodservice, broad services, trading and distribution industries.
By its decentralized management approach it enables employees seek for innovation & excellence to make key business decisions. Thereby it ensures delivering strong and consistent shareholders returns which is also evident from the group’s market capitalization of 8.4bn USD, which is way more than any of its competitors. With an employee base of 117,000 people the group aims at serving its clients and customers with a superior service experience. It believes in empowering people, building relationships and improving lives of the people.
Entrepreneurship, incentivization, decentralized management and communication are the keys to achieve its objectives thus the group practices a philosophy of transparency, accountability, integrity, excellence and innovation in all its business dealings. Bidvest has strong commitment on the fronts of corporate ethics. It has made its ethics line available for free and one can access it anonymously. The Protected Disclosures Act protects employees from being victimized, harassed or dismissed for "blowing-the-whistle" on wrongdoing in the workplace. It is continually striving to minimize the environmental impact of the group’s activities and leave the planet in good working order for future generations.
The company has expanded continuously by acquiring firms like Mvelaserve Limited, Aktaes Holdings, the Mansfield Group and Home of Living Brands. It has thus been able to expand its global footprint and make its global presence felt. The group has been bestowed with awards for excellence in service strategy. It has recently been recognized by Greene King for the services provided for their pubs and by Pizza Hut for the strategic planning for the Olympics and Paralympics Games held in London.
Sales (in bn $): 15.1
Profits (in bn$): 0.482
Assets (in bn $): 6.6
7. MMI Holdings
MMI Holdings Limited is a financial services group and is one of the most prominent brands in the industry in South Africa.
Image: company website
It provides long and short-term insurance, asset management services, savings, investment healthcare administration, health risk management, employee benefits, and rewards programs. It operates through brands like Metropolitan, Momentum, Guardrisk, and Eris Properties to cater to the needs of its diverse customer base. It operates on a client centric business model trying to enhance the financial wellness of its customers and their businesses thereby gaining a reputation of being trustworthy and reliable. It has a culture of accountability, excellence, integrity, diversity, teamwork which promotes innovation and trust, leading to unparalleled service for its clients.
The group is committed to assist some of South Africa's most vulnerable citizens to expand their horizons and gain greater access to opportunities. Metropolitan and Momentum work together to support the most important sectors which were lacking in terms of social participation. Metropolitan continues to make a difference in ensuring that HIV AIDS can become a manageable disease for Africa, just like the western countries. Momentum focuses on persons with disabilities and ensures that they are not left behind in Africa’s progress story. MMI group has won various accolades for its services including the PMR Golden Arrow award for healthcare administration and Hamlet Foundation Outstanding Achievement Award for the path-breaking work done for people with mental disabilities. It was also on the second spot in Sunday Times top brands for the long-term insurance industry category.
Moody’s has assigned MMI Group Limited a Aaa.za rating which reflects the company’s top tier market position in South Africa. Moody's has further assigned Aaa.za national scale IFS ratings to MMI Holdings’ subsidiaries Guardrisk Insurance Company Limited and Guardrisk Life Limited which are representative of Guardrisk’s market position as the largest cell captive insurer, its low underwriting risk and its diverse product mix across life insurance and short-tailed non-life insurance lines.
Sales (in bn $): 5.3
Profits (in bn$): 0.238
Assets (in bn $): 29
6. MTN Group
This multinational mobile telecommunications company operates in many African, European and Asian countries with its head office based out Johannesburg.
As of 30 September 2015, MTN has over 300 million subscribers across its countries of operations as it embarks on its vision to deliver a new Digital World to its customers and make their lives a whole lot brighter. It employs nearly 27 000 people to offer innovative products and quality customer experience, and is a global brand name in the industry. Its integrity and dedication creates valuable relations with all the stakeholders including customers, employees, shareholders, media, government regulators, suppliers and business and industry partners.
The group has moved beyond its traditional focus on voice services and now offers a broad range of digital services to maintain its leadership position in communications in emerging markets and build a sustainable business model which maximizes stakeholder value. It has incorporated an absolute growth dividend policy and opportunistic share buy-backs to ensure optimal capital structure and make the best use of cash. It invests heavily in creating a socio-economic impact and brand reputation by acting responsibly while building its network.
Making sure MTN is a great place to work is essential to achieve value creation. It conducts all its affairs with honesty, integrity, diligence and professionalism to create a conducive work environment for its employees. The Group was named as the only South African company on the World Champions list compiled by Citi Group. It was rated among the top 500 global companies on corporate sustainability and environmental impact in Newsweek Green Ranking and was named as South Africa's top brand for a second year in a row by Brand Finance. The company also has a sponsorship deal with the English football club, Manchester United which helps it have its presence felt globally.
Sales (in bn $): 11.5
Profits (in bn$): 1.6
Assets (in bn $): 20.3
An international retail holding company dealing mainly in furniture and household goods, Steinhoff operates in Europe, Africa and Australasia.
Image: company website
The company has more than 6500 outlets to establish presence in 30 countries, and the group has 22 manufacturing facilities which sources from 44 countries. Its industrial businesses focus on the cost and growth advantages within emerging African markets by manufacturing products in low-cost locations and retailing them in developed markets. Thereby the group’s vertically integrated supply chain provides its customers with quality products at affordable prices The group has also ventured into motor and car business through Unitrans Automotive, which offers a broad range of new and pre-owned vehicles, parts, insurance, accessories and servicing and Hertz, which employs over 22 000 people in approximately 8,400 locations across 145 countries and provides car rental services with locations in six continents.
Although the group’s operations are positioned towards mass-market, value-conscious consumer segments its ownership of aspirational brands and designs affords exposure to additional market segments. It also more than 40 retail brands including high street brands like Cargo, Harveys Furniture, Bensons for Beds and Sleepmaster based out of UK. The group operates through Genesis Investment Holdings and Steinhoff investment holdings. While the Steinhoff African Holding owns Pepkor, JD group and PSG Group, the Steinhoff Finance holding operates through Steinhoff Europe AG and Hemisphere international properties BV. The group recognizes responsibility towards its stakeholders i.e. Shareholders, customers, employees, business partners and the surrounding communities. It employs people with passion, experts in the respective fields and people who can identify with the group’s value and contribute in meaningful ways. The company has moved its primary listing to the Frankfurt Stock Exchange and founded a new Dutch Holding company based in Amsterdam while the management remains in South Africa.
Sales (in bn $): 13.3
Profits (in bn$): 1.4
Assets (in bn $): 25.1
Sasol Limited is a pioneer oil and gas company which develops and commercializes technologies including synthetic fuels, liquid fuels, chemicals and electricity integrated energy.
It is structured into two business units – Mining division and E&P of oil and gas., where the mining division operates six coal mines that supply feed-stock for Secunda and Sasolburg complexes of South Africa. While the coal supplied to Sasol Synfuels is used for gasification of feed-stock and generating electricity, the Sasolburg coal is used to generate steam and electricity. Sasol Exploration and Production International (SEPI) develops and manages the upstream fields in Mozambique, South Africa, Canada, Gabon and Australia. They build and operate world-class facilities producing a range of high-value products like stream, chemicals, liquid fuels and low-carbon electricity. It is further organized into two upstream business units, three regional operating subunits and four customer-facing strategic business units, which combine their technological capabilities and field knowledge to drive progress and sustainably deliver long-term shareholder value.
The group envisions growing sustainably and inclusively while delivering value to its stakeholders through a wining mix of technology and the knowledge about the energy and chemical market both in Southern Africa and the rest of the world. It not only recognizes the role played by all its stakeholders in ensuring long term success but has inculcated good corporate practices into its actions and behavior. Sasol strongly believes in giving back to the society and hails to be South Africa’s largest investors in capital projects, skills development and technological research and development. In partnership with the South African National Youth Orchestra Foundation (SANYOF), Sasol has won the Youth Development Award in the Business and Arts South Africa (BASA) Awards.
Sales (in bn $): 13.3
Profits (in bn$): 1.4
Assets (in bn $): 24.4
Sanlam provides is one of the leading financial institutions in South Africa, and present across the country.
Image: company website
It offers financial solutions to more than 10 million clients across all market segments including long-term and short term insurance, financial planning, retirement schemes, asset management, risk management, capital market activities and wealth management. The group has widespread presence in African countries, India, Malaysia and the UK and some business interests in the USA, Australia and the Philippines. The group also has a stake in Micro-Ensure Holdings Limited a UK Based micro-insurance firm which operates in Africa and India and provides services to more than 10 million clients. The group has keenly looked to diversify its portfolio by indulging in related businesses. In November, 2015 Sanlam has bought a 30 percent stake in Saham Finances, a Morocco-based firm, to establish a foothold in countries across Africa and Middle East. Sanlam Corporate, a new business cluster created in 2016 offers corporate clients a holistic solution including life insurance, general insurance, investments, health insurance, retirement, financial planning and advice.
Overtime, the group has adapted itself with the demands of the operating environment and transformed itself by acquiring firms. Its core values of respect, care, integrity, pride and innovation filters down the layers of the organization to create a work environment of innovation and creativity leading to higher productivity and increased shareholder returns. Sanlam Employee Benefits has recently won the Employee Benefits Product Supplier of the Year at the 2015 Financial Intermediary Association of Southern Africa (FIA) Awards while Sanlam Personal Finance has won the Product Supplier of the Year Award in the Investment Products category at the 2015 Financial Intermediary Association of Southern Africa Awards.
Sales (in bn $): 6.6
Profits (in bn$): 0.735
Assets (in bn $): 43.2
FirstRand Limited is one of the largest financial institutions in South Africa, which also has a global footprint.
Image: company website
It provides services ranging from banking, insurance and investment to retail, commercial, corporate and public sector customers. The group includes FNB, FNB Africa, RMB, WesBank, and FCC segments which provide retail, commercial, corporate, investment banking services and installment finance services both in South Africa and internationally. Its offerings include current and savings accounts call deposits, fixed and notice deposits, negotiable certificates of deposit, and other deposits. The company also provides mortgage loans, personal loans, and credit and debit cards, investment products, transactional and deposit taking, card acquiring services as well as credit facilities. In addition, it offers other financial services comprising transactional, lending, and investment products; advisory, financing, trading, corporate banking, principal investing solutions and vehicle and asset finance. Further, the company operates as strategic enabler, facilitator, and coordinator as it serves consumers in agricultural sector, small businesses, medium corporates, and government entities
The Group has undertaken a strategic initiative to build a presence outside of South Africa by investing in Greenfields operations or smaller acquisitions as these can bring additional scale more rapidly. The Group has established platforms in certain key financial centers that can act as centers of opportunities for investment flows between Europe, Africa, Asia and Africa. Its investment in China is strategically important to the African continent’s growth story as it facilitates trade flows between China and the African continent. It acts as a key support to the ongoing investment and infrastructural development of Africa. The group provides financial services in almost every arena across Africa, United Kingdom, Dubai, Australia, China, and India through FNB, RMB, Momentum and Wesbank. It is also lauded as one of the very first foreign banks to be granted license to operate in India.
Sales (in bn $): 5.8
Profits (in bn$): 1.7
Assets (in bn $): 73.5
1. Standard Bank
Standard Bank is one of the biggest financial institutions in Africa which operates in 32 countries across the world including 20 countries on the African continent.
Apart from Africa the bank focuses on selected emerging markets where it aims to connect the markets to Africa and each other by applying its sectoral expertise, especially in natural resources. It focuses on delivering shareholder value by serving the customers through superior service operations both in Africa and abroad. It is thereby able to differentiate from its competitors by hiring people who are passionate about its business strategy. The three business units which serve as a pillar to its business are - Personal & Business Banking, Corporate & Investment Banking, and Wealth - Liberty. It has 1221 branches and 8815 ATMs in the African continent and employs more than 54 000 people across all geographies.
Recently in 2015, Standard Bank Group received 22 awards in the EMEA Finance’s Treasury Services Awards and Global Finance's World's Best Bank Awards at the Sibos conference in Singapore. Global Finance Magazine awarded Standard Bank with accolades across several categories like trade finance, cash management, short-term investments/money market funds and sub-custody. These awards were adjudicated against specific criteria such as volume, market share and customer service. It was chosen by the Global Finance editorial team along with input from expert sources.
Standard bank group is listed on the JSE Limited and the Namibian Stock Exchange. As of now Standard Bank's market capitalization at USD14.4 billion. It has assets worth USD 127.7 billion and last year’s reported profits as USD 1.9 billion. Providing financial solutions ranging from corporate to investment banking services addresses the needs of the participants involved in the value chain and is a key to Standard’s success in Africa and worldwide.
Sales (in bn $): 15.4
Profits (in bn$): 1.9
Assets (in bn $): 127.7
Step 1: Top 13 companies were shortlisted based on their revenues, profits, assets and market valuation
Step 2: 3 parameters i.e. Revenues, Profits and Assets were used to arrive at the final scores
Europe is one of the most prosperous continents in the world with global power economies like UK, France, Germany, Italy, Switzerland and more. Some of the biggest banks, automobile brands, industries, FMCG companies, retail businesses etc are in Europe.The top European companies include Volkswagen, Royal Dutch Shell, Daimler, Total SA and BP along with brands like AXA, Allianz, HSBC Holdings, Exor and Nestle. Here is the list of the top 10 companies in Europe in 2016.
Nestle SA was founded in 1866 by Henri Nestle and is engaged in manufacturing and marketing of food and beverage products. It is headquartered in Vevey, Switzerland.
The company’s vision of ‘Good life good food’ is to provide customers with the best tasting, most nutritious choices in a wide range of food and beverage categories and eating occasions from morning to night”. Nestle's product categories are as follows Bottled water, Baby foods, Cereals, Chocolate & confectionery. Apart from this, other categories include Culinary, chilled and frozen food, Dairy, Coffee Drinks, Ice cream, Pet care, Food service, Sports nutrition, Healthcare nutrition, and Weight management. The company has more than 2000 brands worldwide. It operates a network of 442 factories located in 86 countries. Nestle operations in Europe, Asia, Oceania, the Americas and Africa, the company’s products are sold around 197 countries.
The three globally managed businesses are Nestle Nutrition, Nestle Waters and others. The Nestle Nutrition business comprises weight management and infant nutrition sub-business divisions. The infant nutrition business offers products for infants and babies, including instant cereals, meals, infant formula and drinks, marketed under the Cerelac, Gerber, Gerber Graduates, NaturNes and Nestum brand names. The company offers personalized weight loss programs, which are medically monitored in the weight management space. Nestle Nutrition operates in the Americas, Europe, and Asia, Oceania and Africa. Nestle Waters operates in the US, Canada, Europe and other regions. It is engaged in the production and marketing of bottled water and sparkling mineral water under Nestle Pure Life, Perrier, Poland Spring, and S.Pellegrino brands.
The other segment primarily includes Nestle Professional, Nespresso, Nestle Health Science, and Nestle Skin Health. This segment also includes the company’s joint ventures in the food and beverages and pharmaceutical activities. The US is Nestle’s largest geographical market and accounted for 26% of total revenues. Given the shift in customer preferences to more healthy options, the company is looking for a transition as ‘nutrition and wellbeing’ company.
Sales : $92.21 Billion
Profit : $9.42 Billion
Employees : 335000
Market Cap : $235.5 Million
EXOR is an investments holding company that makes long term investments in global companies in diverse sectors.
The company was founded in 1927 by Giovanni Agnelli and is headquartered in Turin, Italy, and is one of biggest companies in Europe. The company invests in agricultural and construction equipment, automobiles, commercial vehicles, real estate services and professional football sectors through its subsidiaries. The company operates in the US, Ireland, Italy and Luxemberg. The company's investments portfolio consists of CNH industrial, Fiat Chrysler Automobiles (Fiat) and Cushman & Wakefield Group (C&W) Group. The other interests are Almacantar, Juventus Football Club, Banca Leonardo, The Economist Group and Banijay Holding. EXOR has 66.73% stake in Juventus football club. The market value of CNH Industrial and Fiat together is more than 50% of the gross asset value of the group and determines most of the performance of the group.
Fiat is an automobile group involved in designing, producing and selling vehicles under the brands Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia, Ram and SRT brands. The company also offers ultra-luxury cars under the Ferrari and Maserati brands. EXOR owns around 30.81% of Fiat. CNH Industrial is engaged in designing, producing and selling trucks, commercial vehicles, buses and special vehicles (Iveco), and agricultural and construction equipment. CNH Industrial operates in around 190 countries. EXOR owns around 27.10% of CNH Industrial. Fiat also holds around 2.49% stake in CNH Industrial. EXOR owns 4.72% in the Economist Group. The major competitors of Exor are Italmobiliare, Mittel and CVC capital partners. EXOR is ranked as the 19th richest company according to the 2015 Forbes 500 list.
Sales : $156.93 Billion
Profit : $0.58 Billion
Employees : 303247
Market Cap : $9.1 Billion
8. HSBC Holdings
HSBC Holding is a banking and financial services organization headquartered in London, the UK.
The group provides services in retail banking, commercial banking, wealth management and private banking to its clients. It has an international network of nearly 6100 offices spread across five regions North America, Latin America, Europe, Asia and Middle East and North Africa (MENA). The major product divisions are Retail banking and wealth management, Global Banking and Markets, Global Private banking and Commercial banking. The Retail Banking and wealth management offers products in wealth management and personal banking needs of individual customers. The global banking and markets segment provide financial solutions to major corporations, governments and institutional customers. Commercial banking segment offers products and services to serve its commercial customers such as small and medium enterprises and corporates. Global Private Banking division provides a range of services to high net worth individuals. The other divisions in the organization handle HSBC’s unallocated investment activities, certain property activities and financial operations of the company. The UK is group’s largest geographic market, accounting for nearly 23.5% of the revenues. The huge international network and global scale helps the company to capture benefits from macroeconomic trends.
HSBC has strong capital and liquidity position that provides stability to its operations in rough times and provides ample scope for business expansion. The compliance cost has increased drastically in last few years as it was caught up in money laundering scams which led to heavy penalties being imposed. This has slightly affected the financial performance of the company. The company has increased its investments in emerging markets Asia-Pacific and MENA to drive the future growth with the only threat being the increasing regulatory costs in these markets.
Sales : $70.27 Billion
Profit : $13.48 Billion
Employees : 257603
Market Cap : $133 Billion
The AXA group is headquartered in Paris and is a holding company that provides financial protection, insurance and asset management services.
The company was founded in 1817 which means it is getting into its 200th year of existence & they have approximately 103 million clients in 59 nations across the world. The group has five business segments namely property and casualty, life and savings, international insurance, asset management, and banking. Property and casualty segment offers a range of products including motor, household property and general liability insurance for both personal and commercial customers and they primarily operates in Western Europe, US and Japan. Life and Savings segment offers products including life and health products and individual and group saving products for both individual and commercial clients. Group’s principal asset management companies such as Alliance Bernstein and AXA investment managers constitutes AXA’s asset management segment. The international insurance segment focuses on risks, reinsurance and assistance.
The banking segment has main operations in Belgium, France and Germany and includes mortgages loans, retail banking and loans. The life and savings segment is the highest contributor to the revenue with a share of nearly 60% of the revenues. France is AXA’s largest geographic market accounting for nearly 27% of the revenues. AXA has strong market position in global financial services markets. The cyclical nature of its businesses like property and casualty insurance business affects the operations and financial condition. Weak macroeconomic conditions have had a negative effect on the business of the group in last few years. In last five years, the company has made several strategic acquisitions to push itself back into high growth trajectory.
Sales : $129.89 Billion
Profit : $5.89 Billion
Employees : 98279
Market Cap : $61.9 Billion
Allianz is headquartered in Germany and is the holding company that provides is one of the leading financial service providers and insurers in the world.
The company was founded by Wilhelm Finck and Carl Thieme in 1890 and it got listed in Berlin stock exchange by 1895, and is one of the leading financial institutions in the world. The services they provide include asset management, banking, life and health insurance, property and casualty insurance. The group has strong global presence with operations in more than 70 countries. The company is a leading property and casualty insurer globally and is the market leader in German market. In this segment, a wide variety of insurance products are made available to both private and corporate customers like accident, travel insurance, fire and property insurance etc. The key markets of the company are Germany, France, Italy and the US.
The products offered by life and health division are on individual as well as group basis which includes annuities, long term care insurance, endowment and term insurance etc. Institutional and retail asset management products to investors and to the insurance operations are provided by the asset management division. Holding the treasury, banking and alternative businesses are handled by the corporate division of the company. The life and health division is the key contributor to the group’s revenue with a 55% revenue share. The company has strong solvency position with solvency ratios well above the regulatory standards which provides ample scope for business expansion and new debt issuance. Significant decline in gross premium from the US market over last few years is impacting the overall performance of the group. Digitization of services is one of the major focus areas of the group now as the purchasing decisions and buying patterns of the customers have changed drastically in the digital era.
Sales : $115.42 Billion
Profit : $7.34 Billion
Employees : 142459
Market Cap : $79.7 Billion
BP is headquartered in London, the UK and is one of the biggest vertically integrated oil and gas companies in the world.
The operations of the company include oil exploration and production, marketing and trading of natural gas, natural gas liquids and power. The company operates in nearly 80 countries across Asia Pacific, Europe, Americas and Africa, and it is one of the leading brands in the world in the industry. The four reported business segments of BP include the downstream, upstream, Roseneft and other businesses and corporate. The downstream segment is the product marketing arm of BP, selling fuel, lubricants and other petrochemicals. The downstream mainly include refining, manufacturing, marketing, transporting, and trading of petroleum and petroleum derived products. The company manufactures lubricants and related products and sells it to industrial, aviation, marine and energy sectors across the world. BP has nearly 14 refineries worldwide which supplies to its customers. The key brands in the portfolio are Castrol, Aral and BP.
The upstream segment is involved in activities such as oil and gas exploration and production in over 48 countries in the world. The total oil production of BP exceeded 2.1 million barrels per day. BP holds a 19.75% share in Roseneft, Russia’s largest oil company. Roseneft has rich hydrocarbon resources in key petroleum resource areas of Russia. Rosenft has 14 refineries in Russia and has interest in four other refineries in Germany. US is BP’s largest geographic market with a share in revenue of 34.8%. A lions share in BP’s revenue comes from downstream segment which accounts for 82.8% of total revenue. BP is also into alternative energy business with focus on biofuels and wind energy. The gulf of Mexico oil spill which happened in 2010 has damaged BP’s reputation, which had a long term adverse sentiment on BP which still cripples the company when it comes to explore new opportunities in US and other places.
Sales : $218.7 Billion
Profit : -$6.47 Billion
Employees : 84500
Market Cap : $61.9 Billion
4. Total SA
Established in 1924, Total SA is one of the leading integrated oil and gas companies in the world which is involved in all aspects of petroleum industry with upstream as well as downstream operations.
Headquartered in Courbevoie, France, the company operates in more than 130 countries. Apart from petroleum industry, the company operates in power generation, chemical manufacturing and coal mining businesses, and the company operates as three business segments, marketing and services; refining and chemicals and upstream. The first segment, marketing and services is involved in supplying and marketing petroleum products. They also specialize in developing solar power and biomass. As per data FY 2014, they had 15569 service stations serving more than 4 million customers on a daily basis. The second segment, refining and chemicals has got 21 refineries in Europe, the United States, Africa, Middle East, French West Indies and China, out of which nine are operated directly by the company.
As per this data, the worldwide refining capacity of Total is 2.2 million barrels per day. The third segment, the upstream business involves the exploration and production activities. The company has exploration activities in more than 50 countries. France is company’s largest geographic market, accounting for nearly 22% of the total revenues. As the fourth largest publically traded oil and gas producer in the world, the company has a strong position in the market which gives the company significant bargaining power. The company is also strong in the specialty products category such as lubricants, bitumen, jet fuel, special fluids etc. The complex environment regulations coming up in the countries where it operates is increasing the compliance cost of the company thereby stressing its profit margins. TOTAL is also into renewable energy segment with focus on Solar and wind energy.
Sales : $143.36 Billion
Profit : $5.03 Billion
Employees : 96019
Market Cap : $121.9 Billion
With production facilities in 19 countries and 8500 sales centres worldwide, Daimler is one of the leading automobile manufacturers in the world offering a range of cars, trucks, vans and buses.
The company has five business segments namely Daimler trucks, Daimler Financial services, Mercedez-Benz cars, Mercedez Benz Vans and Daimler trucks. The most well-known segment, Mercedez-Benz car offers a broad choice of premium cars under three brands namely Mercedez-Benz, Mercedez-AMG and Mercedez-Maybach. The offering under this segment ranges from compact cars to SUVs, coupes, roadsters and the ultra-luxury S-Class sedans. The Daimler Trucks makes its trucks under the brand names Freightliner, Mercedes-Benz, Western Star, FUSO, BharatBenz and Thomas Built Buses. Mercedez Benz vans distributes its vans under the brand names Freightliner and Mercedez Benz brands.
The buses segments sells its products under the brands Mercedez-Benz and Setra brands. Tailor made financing and leasing options are made available to the Daimler customers through Daimler Financial Services. Daimler-Benz is the largest industrial company in Germany and second largest defense contractor in the nation. The company’s roots can be traced back to 1880’s to two engineers, Carl Benz and Gottlieb Daimler both of whom are credited with the development od internal combustion engine. They started two separate companies which merged in 1926 to form Daimler-Benz AG. United States is the largest geographical market for the company with a share of nearly 25% of the revenues. China is a high growth market for the company with a growth rate of more than 24%. Daimler’s strong brand recognition in domestic and international markets have helped them to ride over economic recessions throughout the last 130 years. After all this years, Mercedez Benz is the fastest growing luxury automotive brand according to the industry experts.
The main competitors of Daimler include Volkswagen, Volvo, Mazda, Honda, Nissan etc.
Sales : $165.75 Billion
Profit : $9.34 Billion
Employees : 284015
Market Cap : $75.4 Billion
2. Royal Dutch Shell
Headquartered in The Hague, Nederlands, Royal Dutch Shell explores natural gas, crude oil and natural gas liquids.
They also transport gas and runs huge upstream and downstream infrastructure necessary to deliver oil and gas to the market. The company is also involved in refining of crude oil products and manufacturing of chemicals, and it operates in Europe, Asia, Africa, Oceania, and the Americas. It is listed on London Stock Exchange and Euronet Amsterdam. The company was created by the merger between Shell Transport & Trading, which was based in the United Kingdom, and Royal Dutch Petroleum. It has stake in oil production operations in several countries with majority stake in 24 refineries worldwide with an installed capacity of 3.1 million barrels a day. As one of the largest oil companies in the world, it has significant bargaining power in the oil and gas industry.
Under the Shell V-Power brand, the company sells its fuel in more than 60 countries. The company has a strong retail position in both developed and developing countries. The company has strong exploration technological capabilities that strengthen its upstream operations. The Shell Oil Company, its subsidiary in United States of America, headquartered in Houston is one of its largest businesses. The company has been consistently ranked in top ten in World’s largest companies Forbes 2000 list.
As a result of its worldwide activities, Shell has been in the center of controversies concerning environmental issues, business practices and ethical issues. They create social development programmes in countries they operates and invests in small and medium business concerned with biodiversity, climate change and sustainable technologies. The company also has a division focusing on renewable energy sector developing wind, solar and hydrogen power opportunities. Lately, the company’s profitability has been pressurized by the challenging industry environment characterized by weak oil demand and over capacity.
Sales : $264.87 Billion
Profit : $2.08 Billion
Employees : 93000
Market Cap : $210 Billion
Volkswagen group, founded in 1937 is the largest carmaker in Europe and one of world’s leading automobile manufacturers.
Headquartered in Wolfsburg, Germany, it employs more than 600000 people worldwide. The strong brand portfolio of covers almost all auto segments from motorcycles to heavy trucks and buses sold under various brands such as Volkswagen passenger cars, Audi, SEAT, Bentley, Skoda, Lamborghini, Ducati, MAN and Scania. The group’s largest geographic market is Europe itself and Asia Pacific being the high growth market. They have a market share of 12.9% in the world and sells their products in 153 countries. With the automobile industry expected to grow positively till 2018, the group is investing heavily on its R&D efforts especially in hybrid electric and alternate fuel vehicles. The group runs 119 production plants in 20 European countries and another 11 countries in Europe, Asia and Africa. The worldwide production on a weekday is nearly 42000 vehicles. The company also has a financial services division that handles leasing, banking, customer financing and insurance activities.
Involvement in emission scandals last year has certainly impacted the group’s brand image. Followed by an enquiry by US Environmental Protection agency and California Air Resources Board, Volkswagen admitted that nearly 11 million of their cars had software that could fool the emission tests. This was followed by a drop in share prices of the group by 20% on Frankfurt stock exchange. In the past years, Volkswagen also had to recall several of its models due to technical and safety issues. With all this, all is not well with the Volkswagen group and they are facing a difficult time right now. Significant changes in regulation structure in countries where Volkswagen operates will have serious impact on its operations.
Sales : $246.23 Billion
Profit : $7.06 Billion
Employees : 610076
Market Cap : $73.1 Billion
Revenues and profits of 25 companies across various industries from Europe are selected, and weightages of 60% and 40% are given respectively. After calculating the final scores, the top brands are ranked.
India, being a developing nation with conglomerates established decades ago, has a significant number of conglomerates which operates in diverse sectors across the globe. The top Indian conglomerates include Tata Group, Aditya Birla Group, Reliance Industries, Essar Group & Bharti Enterprises, along with brands like O P Jindal Group, Larsen & Toubro, Adani Group, Mahindra Group & Reliance Anil Dhirubhai Ambani Group. Here is the list of top 10 conglomerates in India in 2016.
10. Reliance Anil Dhirubhai Ambani Group
Reliance Anil Dhirubhai Ambani Group was part of Dhirubhai ambani group before it was segregated as Reliance ADA group in 2002.
Image: company website
The business portfolio of the Reliance ADA group includes Power, telecommunications, infrastructure and services. Reliance communications, one of Flagship Company in Reliance ADA group, is an integrated telecom service provider, and is one of the leading brand names in the India. It has a customer base of 118 million which includes 2.8 million overseas customers. Reliance communications has India’s widest network coverage with its presence in 21,000 cities and 4 lakh villages. It has pan-India operations which includes wireless, wired-DTH service, voice and Internet communication services. Reliance Infra has its operations in generation, transmission and distribution of Power, Engineering Procurement and Construction (EPC) of power plants, and development projects such as roads, metro rail and bridges. Reliance power has distribution license in major metro cities such as Mumbai and Delhi. Reliance cement currently has 5.8 MTPA capacity in operations in the state of Madhya Pradesh, Maharashtra and Utter Pradesh. RInfra has commissioned Metro rail project in Mumbai in 2014, which provides one of the fastest connectivity between east and west region. It has 12 kms elevated rail line which reduced the travel time substantially. RInfra has also established its footprint in defense sectors through its acquisition of Pipavav defence & offshore engineering.
Reliance Entertainment is one of flagship motion picture arm with significant presence in film production and distribution. Reliance ADA group has stakes in broadcasting and media ventures. It produces films in Hindi, English and other Indian languages. Reliance capital has been a most valuable and leading financial service provider in India. Reliance capital has its operations in asset management, life and general insurance, equity and commodity business and mutual funds.
Revenue: $ 8.85 billion
From mining to media & entertainment, Reliance industries limited is delivering leading performance in industry through operational efficiency and efficient utilization of resources.
The company has been committed to growth of India towards economic and social well-being, remains committed to innovate and invest in India. Mahindra group was founded as a steel trading company on 1945 and later moved into manufacturing automobiles, and has been a pioneer in India as a leading conglomerate. Since then, Mahindra group has been growing and expanding into diverse sectors under the leadership of K.C and J.C. Mahindra. The major sectors in which Mahindra group has its presence are Farm equipments, Information Technology, Manufacturing, Financial services, Clean energy and Defense. Mahindra Group employs more than 200,000 people across the globe and has been among the Forbes Global 2000 most Powerful Companies.
Mahindra has pioneered in designing India’s first multi-utility vehicle and providing non-banking financial services in rural part of India. Mahindra is the only tractor manufacturer to receive the most prestigious Deming Prize and the Japan Quality Medal. Mahindra Reva ranked among the world’s top 50 Most Innovative Companies in 2013. Mahindra group has a strong leadership which received “India’s Best Boards” in the 2014 Economic Times-Hay Group survey and ranked as Top ten Best Companies for Leadership by Hay Group.
Mahindra group has its share of contribution towards creating 600 million Unique Identification Numbers - Aadhaar for the Government of India in 2015, which was identified as a largest identity management program in the world. The program empower poor people in India to access government services. Mahindra produced its fifth millionth vehicle in its automotive plant at Mumbai.
Mahindra group profit before interest and tax stands at 4,868 Crore rupees in which automotive sector contributes 38%, followed by farm equipments at 33%.
Revenue: $ 11.62 billion
8. Adani Group
Adani Group has been a global integrated conglomerate with its businesses primarily focus on verticals such as logistics, energy infrastructure and resources.
Image: company website
Adani group has adapted an integrated model to cater to the growing infrastructure needs of the developing countries. The group has its footprints in the agri-infrastructure by establishing cold storage and grain storage facilities, and has a diversified business spread across the entire nation. Adani group, founded as a commodity trading company in 1988, has started expanding and diversifying by establishing Mundra port which is one of the largest port in India in the early 1990’s. Adani group has been trading and importing coal from many countries across the world apart from operating few mines in India. It has a thermal coal extraction capacity of 4 MMT in 2014 and striving to achieve 200 MMT per annum in 2020. It has its presence in seven ports in India apart from Mundra.
Since its inception, Adani group companies has been growing and attain top positions in the market. Fortune brand oil is the market leader in the edible oil business, Adani power is the largest private thermal power producer and also the largest single location thermal; power producer in India, Adani port is the port operator in India, Adani group is the largest coal trader in India and the largest integrated infrastructure conglomerate in India. Adani reality is real estate arm of the group, developing over 68 million square feet of real estate across India. Adani group has over 10,00 people working across the globe. Adani foundation drive the group’s corporate social responsibility by investing 3% of profit in education, health, livelihood and rural infrastructure. It covered 5 states and 1400 cities and villages across India.
Revenue: $ 11.72 billion
7. Larsen & Toubro
Larsen & Toubro engages majorly in high impact core sectors such as heavy engineering, aerospace, infrastructure, ship-building, electrical & automation, mining and metallurgy.
Image: company website
The company has its manufacturing units and supply chain all across the world. Larsen & Toubro has major contributions to the infrastructure development in many countries, and also in the fields of the contributions are technology contribution in developing satellite to mars & moon, building nuclear-powered submarine, largest coal-gasifier unit and ethane-oxide reactor. Apart from engineering and construction business, L & T has register its footprints through L & T Infotech which is sixth largest India-based global IT services company which also provides IT solutions to group companies. With its aim to create a sustainable environment, the company constructed Green buildings, which helped customers to reduce energy and water consumption, utilize locally sourced construction material and recycled material. Larsen & Toubro is the largest EPC solution provider to install large scale solar power plants and develops small solar lanterns which is powered by solar energy. In addition, the company has a major contribution to construct mono rail in Mumbai and metro rail network in few cities.
The most notable recent projects executed by Larsen & Toubro are Commercial complexes for IT giants such as Cognizant, HCL and iGate, MRD facility for Boeing, AIIMS buildings at Bhubaneswar and Jaipur, Factory establishments for Maruti Suzuki and North Central Railway. Larsen & Toubro, predominantly engaged in engineering & construction processes, has a robust growth in overseas revenues and execute projects consistently on track. Larsen & Toubro group revenue from operations stands at 1026317 million rupees as against 927617 million rupees in previous year with a growth rate of 10.6%.
Revenue: $ 15.28 billion
6. O P Jindal Group
O P Jindal group is one of the largest Indian conglomerate with businesses in steel, mining, power and ports.
Image: company website
The group was started by Shri O P Jindal who established the indigenous single unit steel plant in 1952, and has ever since been a leader in India. From mining coal and iron ore, the group has diversified its portfolio in steel, power and logistics, and the group also explores high value metals, diamonds and minerals. The Jindal group also laid its footprints in petroleum exploration. At present, the group has its manufacturing facilities at United States, United Kingdom and Indonesia apart from mining facilities in Chile and Mozambique. With its commitment to develop a sustainable environment and create benchmark in every sectors the group is into, group has invested in Greenfield projects with advanced technology to reduce energy consumption. The Group has established O. P. Jindal Centre to train and improve skill-set of young people to provide employment opportunities.
The O P Jindal group employs over 50,000 people across the countries it serves. With its strong focus to expand its business, Jindal group is exploring opportunities through acquisition and establishing Greenfield projects. Jindal Steel and Power Limited has power plants in operations with a capacity of over 5000 MW in India. JSPL, which is a part of OP Jindal group, has received many awards and accolades such as Global Environment Award 2015, Global Sustainability Award 2015 and Greentech Gold award for Best safety practices in 2014. JSW Steel is one of the flagship company of O. P. Jindal Group. JSW Steel is one of the global low cost steel producers, and was ranked in the sixth position among most competitive steel maker in the world by World-Class Steelmaker Rankings, 2015.
Revenue: $ 18.48 billion
5. Bharti Group
Bharti group started its business by manufacturing bicycle parts in 1976 and has gone on to become a global brand.
Image: company website
Since its inception, it has diversified its portfolio in telecommunication, retail, financial services and manufacturing. Bharti group’s entrepreneurial spirit and passion drives its businesses which are innovative and transformational, and its brands have not only been leaders in India but have a global footprint as well. With the establishment of Airtel in 1995, Bharti group has undertook a major breakthrough in telecom service. Currently, Airtel is the flagship company in the group and also in the top three wireless telecom service provider in the world. Airtel has its service in 20 countries across Asia and Africa continents. Many mobile manufacturers across globe has partnered with Airtel to establish its growth path. Bharti Airtel has recently crossed 200 million mobile customer in India. Bharti Infratel was established to provide telecom infrastructure and services to companies operating in India and abroad. In recent years, Bharti group has diversified its business in the fast growing Indian economy. It has entered into retail sectors by opening small and medium format retail stores across India, provides general and life insurance to the people in India and serves people through its food business. Bharti Retail establishes esayday stores which cater to the daily needs of a family. Bharti group, through its philanthropic arm – Bharti Foundation, has served over 50,000 underprivileged children in India. The Bharti group has established its presence in mobile internet services, real estate and distribution of telecom & IT products. Reserve bank of India has issued license to Airtel Payment bank limited, part of Bharti Airtel, to start banking network in India. Airtel Payment Bank Limited has become the first company to receive the license.
The chairman of Bharti group Mr. Sunil Mittal has recently received the prestigious Alumni Achievement award from Harvard Business School.
Revenue: $ 19.99 billion
4. Essar Group
Essar group is an Indian conglomerate with its presence majorly in the sector of Steel, Energy, Infrastructure and Services.
Essar group companies has its global footprints in 29 countries in the continents of Asia, America, Africa and Europe and employ over 60,000 people across the countries. All Essar companies are committed to corporate social responsibility in their respective plant locations, and focuses on quality and customer satisfaction. Through Essar foundation, they executes initiatives in the field of environment, healthcare, agriculture and education to improve the conditions of the community. Essar companies has been strictly adhering to the safety norms and has been certified for standards such as ISO 9001/14001 and OHSAS 18001.
Essar steel is among the leading steel producers in India with a production capacity of 10 million tonnes per year. Essar steel has its operations in Canada with an annual production capacity of 4 million tonnes and in USA with an annual production capacity of 7 million tonnes. Essar steel operates eHypermart, an online platform for steel marketing, where customers buy steel and allied products. Essar Oil has a strong presence in hydrocarbon value chain right from exploration to oil retailing. Being an integrated oil & gas company, Essar oil has the largest refineries in Gujarat with an annual capacity of 20 million tonnes. It also operates 14 million tonne refinery in United Kingdom. Essar Power is one of the leading private power producer in India over two decades with its power plants in India and Canada. Essar power has a generating capacity of 6100 MW with majorly coal and oil based power plants. Essar ports is one of the largest port company with a capacity of 140 million tonnes.
Revenue: $ 35.9 billion
3. Reliance Industries Limited
Reliance Industries Limited, the second largest conglomerate in India by market capitalization, is chaired by Mukesh Ambani since 2002.
Reliance Industries Limited (RIL) has its presence in refining, exploring oil & gas, retail and media & entertainment. Reliance Industries is the first Indian company to register in Fortune 500 list of ‘World’s Largest Corporations’ and currently ranked at 114 in terms of revenue. RIL operates one of the largest crude processing refineries in the world with a capacity of 1.24 MMBPD. Reliance Industries has offshore and onshore gas exploration units in India and shale gas exploration unit in United States. The retail business has a sustained growth with a compounded annual growth rate of 31% in the last five years. Reliance has 2621 retail stores across 200 cities with 930 stores coming up during this year, increasing its presence across the country. The retail stores sells grocery, apparel and digital products with affordable pricing. Reliance Industries has a futuristic vision by investing over one lakh crore rupees in creating engines for the future, which is considered as the highest ever investment in the history of the company. Reliance Jio Infocomm has an ambition to provide highly reliable 4G network internet services through rich communication and digital services. It has growing its physical infrastructure to serve the purpose.
The financials of Reliance Industries is showing a drop in the last two year due to steep decline in oil prices, which contributes majorly to its group revenue. Reliance Industries records its highest ever consolidated profit during the previous financial year. Reliance Industries has been leveraging its
resources to pursue its strategy to grow and contribute to society.
Revenue: $ 41.8 billion
2. Aditya Birla Group
Aditya Birla group is one of the largest conglomerate in India with business in apparels, chemicals, fertilizers, metals, cement, telecom, Financial and IT services.
Image: company website
Aditya Birla group has over 120,000 employees from 42 countries across globe, and it has over fifty percent revenues from its overseas operations across 36 countries. Hindalco, one of Aditya Group Company, is the largest aluminium rolling company in the world. Hindalco, also produces copper and other metals, has the largest copper smelter in a single location. Aditya group occupies top-notch position in various fields such as carbon black, viscose staple fibre, insulators, acrylic fibre and energy-efficient fertilizers. Aditya group is one of largest Indian MNC with operations in Unites states in which over 95% of workforce are Americans. The telecom company of Aditya group, Idea cellular is among the top three mobile telephony companies in India. Aditya group fashion and retail business sell other brand apparel through brick and mortar service.
With huge focus on businesses, Aditya group has also contributes significantly to the society. It reached out to 7.5 million people in rural areas drives community initiatives through Aditya Birla centre. It also focus on health-care, education women empowerment and infrastructure projects. It has 18 hospitals caters to the need of million villagers. It has also establish Aditya Birla Centre at London Business School. It has transcend the barriers of business to fulfil its duty to facilitate inclusive growth.
Aditya Birla Grasim has a total revenue of over 36,000 crore, Hindalco record a total revenue of 19,200 crore and Idea celluar has a total sales of over 25,200 crores in the financial year 2015-16. These companies contributes majorly to the group revenues.
Revenue: $ 42.1 billion
1. Tata Group
Being India’s largest conglomerate by market capitalization, Tata group has over 100 independently operated companies with its presence in majority of the sectors.
Tata is pioneering in every sectors with its companies standing amongst the top positions in the sector, and the Tata group operates in over 100 countries across six continents. The emergence of the biggest dynasty was dated back nineteenth century with the vision of improving the quality of life of people. Founded by the visionary late Mr. Jamsetji Tata, Tata group has been striving hard to support people and improve the life of community it serves globally. Tata group companies collectively has a turnover of over 100 billion US dollars and employ over six lakh people worldwide. Tata group has registered its footprint in almost every sector and has been growing to fulfil its vision to serve the community.
Tata group companies has occupied the top-notch position in several sectors. Tata Motors is the largest top 10 automobile manufacturer in the world, Tata communication is the largest wholesale voice provider, Tata Steel is among the top fifteen steel manufacturers in the world, Tata Consultancy Services is the second largest Information Technology service provider in the world, Tata Chemicals is the second largest producer of soda-ash in the world and Tata Power is India’s largest private power company with its portfolio in thermal and renewables such as Hydro, solar and wind. In order to sustain its position, Tata group leverages its innovative technologies, inculcate new ideas and thinking to stay future-ready.
Tata group revenue has been consistently in the growing path with a majority of revenue coming from foreign assets. Tata group has 29 public listed companies which accounts to 8.5 percent of the total market capitalization of Bombay Stock Exchange.
Revenue: $ 114.6 billion
1.Top 15 conglomerates of India are chosen based on revenue of 2015
2.Revenue for financial year 2015-16 is considered to rank the conglomerates
3.The quarterly revenues of the conglomerates are collected from their financial statements and calculated its yearly revenue.
4.The top conglomerates are ranked based on their revenue.
Power companies have been a backbone o the Indian industrial sectors and have been responsible of giving energy to companies and individuals. The companies have evolved in providing hydro, coal, win energy and have moved on to nuclear power plants as well. The top power companies in India have brands like NTPC, Power Grid Corp, Tata power, Reliance Infra and Adani Power followed by NHPC, Reliance Power, JSW Energy, Torrent Power and Neyveli Lignite. Here is the list of the Top 10 Power Companies in India 2016.
10. Neyveli Lignite
Neyveli Lignite Corporation is one of the 4 “Navratna” constituted by Government of India since its origin in 1956.
Image: company website
It is administered under the control of MOC and is a frontrunner public sector undertaking in energy sector. There exists 3 opencast Lignite Mines with a total capacity of 28.5 Million Tonnes per Annum and an open cast Lignite mine of 2.1 million tones per annum at Neyveli and Rajasthan respectively. The total capacity of the thermal power stations under this public corporation is 3240 MW. They also have 9 wind turbines installed of 1.5 MW each thereby aggregating the total capacity to about 3253.5 MW. They have also ventured into the renewable energy generation with the installation of solar energy power plant in Neyveli with the total capacity of 10 MW. Put together total energy adds up to 3263.5 MW. A coal based power project is being run at Tuticorin Tamil Nadu through NLC Tamil Nadu Power Limited (NTPL) with total energy tally of 1000 MW each.
All the mines at NLC are certified for quality, environment protection and occupational health and safety measures. All power stations are ISO marked for quality management and environment management system. NLC is committed to the sustainable operations aimed at protection of communities and environment. The learning and development centre at NLC is known for training and embellishment of its employees, executives and workers. These learning centres are well equipped with latest technology resources. In house training programs, CSR by the company and training at site are some of the initiatives taken by the company on human resource front.
Total Assets (INR Cr) = 29664.41
Total Revenue (INR Cr) = 7895.96
Profit (INR Cr) = 1061.73
9. Torrent Power
Torrent Power by Torrent group is one of the biggest power companies in India .
Image: company website
Torrent group is valuated at Rs.13116 crore and is committed to its service in the field of healthcare and power. Torrent group is a major player in pharmaceutical industry, and is one of the leading power companies in India. Torrent Power has huge experience in transmission and distribution of power and has been a frontrunner in implementing several large projects in Gujarat. The company began its operations in 1989 after the group took over a power company and turned around its operations. Later the company was successful in leading two acquisitions of Surat Electricity Ltd and The Ahmedabad Electricity Company Ltd. Torrent turned around their operations and made them profitable, operationally efficient and reliable in power supply. Torrent has total installed capacity of 3200 MW and distributes power close to 3 million customers every year. The company also had implemented a gas based project in South Gujarat with a capacity of 1200 MW.
The company has established reputation in distribution business and has expanded aggressively. They have also entered into the MOU with Maharashtra State Electricity Distribution Company limited and it has been awarded franchise for distribution in Kanpur and Agra. Torrent Power has an aggregate capacity of 1697 MW including a wind plant, Gas based mega power plant, coal based thermal power station and gas based power plant. The power plant employs a unique mix of coal and gas and uses contemporary power generation technologies to ensures high thermal efficiency.
Total Assets (INR Cr) = 19595.61
Total Revenue (INR Cr) = 11687.21
Profit (INR Cr) = 865.5
8. JSW Energy
JSW energy is part of a larger conglomerate by the name of JSW group (is a part of O.P Jindal Group) valued at 11 billion dollar and spread across India, USA, SA and Africa.
Image: company website
JSW group is present in several segments namely Steel, Energy, Infrastructure, Cement, Ventures and Sports. The company nurtures a workforce of 40,000 employees and has a reputation of “Strategic first mover” built over years, and is a leader in the power sector. The core values of the company include Transparency, Excellence, Dynamism and Passion for Learning. JSW is a private player into the power sector with fully integrated power infrastructure and presence across all the levels of power sector value chain. The total operational capacity of the company lies at 4531 MW. They aim to achieve 10000 MW power generation capabilities by 2020. With transparent operations and clear goals and guidelines JSW energy is establishing newer benchmarks for the industry. The company finds its presence across several Indian states and includes stakes in natural resource companies in Africa. Over the last few years company has enhanced their power generation capacity from 260 MW to current 4531 MW. They have also set up hydro power plants by the name of Baspa 2 and karcham Wangtoo.
Total Assets (INR Cr) = 28137.34
Total Revenue (INR Cr) = 10179
Profit (INR Cr) = 1396
7. Reliance Power
Reliance Power Limited is a part of India’s one of the biggest conglomerates “Reliance Group”.
Image: company website
They find their presence in several sectors across industries such as telecommunications, services, media, infrastructure, energy etc. They have two companies operating as energy companies – Reliance infra and Reliance power; both are amongst the top ten power companies in India. The company is known to function both in India and internationally to develop, construct and operate power projects. The company is also known to have huge power generation capacity both in capacity under development and under operation. It has several subsidiary companies to aid in power development. The company’s power generation capacity currently is around 6000 MW . They also have several projects underway including three coal-fired projects, gas fired projects and 12 hydelpower plants in AP, HP and Uttarakhand. The power plants operated by the company are hugely diverse in terms of geography, fuel sources etc. Sasan ultra Mega Plant in MP is also part of its diverse portfolio yielding 3960 MW of energy. They are registered with the clean development mechanism executive board for Certifies Emission reduction. They are thoroughly committed to local communities in ensuring sustainable development and undertake initiatives that are aimed at creating long term value. Being a conglomerate with diverse businesses they can easily integrate various services that they offer to generate potential benefits for the society in the areas of communication, media, financial help and others. Education, healthcare, sanitation, community infrastructure development and sustainable livelihood are some of the areas of CSR that the company has undertaken in past.
Total Assets (INR Cr) = 63003.41
Total Revenue (INR Cr) = 10670.03
Profit (INR Cr) = 1361.94
National Hydroelectric Power Limited is a public energy company started in the year of 1975 with a share capital of Rs. 2000 million.
Image: company website
The company has an objective to promote and organize an efficient and integrated development of hydroelectric power in all forms possible. NHPC is also committed to include development of conventional and non-conventional sources of power in all its aspects in India and abroad. The company has been categorized as Mini Ratna under the category-1 at present by the govt. of India with the current share capital of about Rs. 1,50,000 million . It is one of the premier institutions in India that generate hydroelectric power to meet the energy needs.
NHPC has served several projects right from the beginning of its incorporation through Central Hydroelectric Power Construction and Control Board. Since its beginning the company has pioneered 20 projects with total installed capacity of 6507 MW. NHDC limited, also a subsidiary company of NHPC has also been part of these projects. NHPC has also executed 5 projects with an installed capacity of 89.25 MW on turnkey basis implemented in neighboring countries also.
Currently NHPC has been working on 5 major construction projects that aggregate to the total working capacity of 4290 MW being executed through Joint Venture Company. Few more projects are still awaiting clearance for their implementation. NHPC Limited owns and operates a total of 18 hydro electric power stations. These stations span North, east and north-east regions of India.
Total Assets (INR Cr) = 55166
Total Revenue (INR Cr) = 8354
Profit (INR Cr) = 2440
5. Adani Power
Adani Power is one of the major undertakings by Adani group in power sector and has grown out to be one of the biggest companies in India in supplying power nationwide.
Image: company website
Their first power plant was setup in Mundra to cater to the Mundra port and SEZ’s in 2006, and as of now it is a leader in power in India. Adani port was largest importer of coal as it fulfilled 50% of country’s need for imported coal, and they had also built country’s biggest terminal at Mundra port. Today, Mundra is the largest private coal based power plant location in the world. The company has built over its operations over years and has setup plants at several locations such as Tiroda in Maharashtra, Kawai in Rajasthan and Udupi in Karnataka. The company is also credited with the largest private power producing company with aggregate capacity of energy reaching at 10,480 MW.
They are targeting to raise their bars and produce 20,000 MW of installed energy by the end of 2020 by developing world class operations and maintenance team of experts, engineers, executives etc. The transmission team of Adani Power was set up to help support the state and central utilities. The team has also created a transmission system in less than 3 years spanning 5000 circuit Kilometres . The sheer dynamism of the Group has helped Adani Power grow tremendously since its inception as well as incubate successful new businesses. Therefore, Adani group has grown out to be a formidable force in energy segment.
Total Assets (INR Cr) = 69367.51
Total Revenue (INR Cr) = 25231.57
Profit (INR Cr) = 488.48
4. Reliance Infra
Reliance Infrastructure Limited (RInfra) is a part of Reliance Group, one of the leading business groups in India.
Image: company website
It was established in 1929 and now its market capitalization stands at over Rs.11,300 crore as of March, 2015. It is one of the fastest growing conglomerates in infrastructure sector, and is also a leader in energy and power in India. Reliance Infrastructure finds its presence across all stages of the energy generation value chain including generation, transmission, distribution and power trading. The company is a wholly owned subsidiary which operates 5 power stations with the total capacity of 941MW and distributes about 25 billion unit of electricity to over 6.4 million customers around the country. The subsidiary of the company has started 3 transmission projects by installing 8 grid lines.
Reliance Infra provides several services including Engg., Procurement and construction to develop power and roads. The company has commissioned a portfolio of infrastructure projects including the projects like metro rail project in Mumbai, Roads extending to the length of 1000 Kms etc using special purpose vehicles. RInfra is India's largest power distribution company owned privately, serving 64 lakh consumers with uninterrupted and quality power supply. The company is also a huge player in power transmission sector and is operating on 3 inter-state transmission projects. Rinfra generates 941 MW of electricity and has a stake of 42.2% in RPower, generating electric energy through coal, gas and hydro projects of over 15,000 MW. The EPC division of the company uses turnkey services in power and infrastructure sectors.EPC provides platform for execution of power plant projects.
Total Assets (INR Cr) = 71952.96
Total Revenue (INR Cr) = 17051.2
Profit (INR Cr) = 1974.56
3. Tata Power
Tata power was created in 1915 for generating hydro-electric power supply in Khopoli, Maharashtra.
Image: company website
Today it has grown out to be one of the India’s largest integrated power companies with international presence, and a leading energy provider in India. It was founded by late Shri Jamshetji Tata and along with all its subsidiaries the generation capacity of the project stands at 9184MW. The company is present in all segments of power sector including power generation (thermal, hydro, solar and wind), transmission, fuel logistics, trading and distribution. Tata power is currently serving more than 2.6 million consumers via distribution and is known to start country’s first 4000 MW Ultra Mega Power Project in Gujarat using advanced technology. It has successfully partnered in Generation, Transmission and Distribution in India namely “Tata Power Delhi Distribution Limited" with Vidyut Board in Delhi, 'Power links Transmission Ltd.' with Power Grid Corporation of India Ltd. for generation of Power from Tala hydro plant and 'Maithon Power Ltd.' with Damodar Valley Corporation both publicly and privately.
The company is also involved in renewable energy sources and clean energy generation with the capacity of 1794 MW. The company has made strategic investments in Indonesia, Singapore, Zambia, Georgia, Norway, Australia etc. Apart from the conventional services of transmission and power, Strategic Engineering division is meant for indigenous design, development, production, integration and handling other critical missions of strategic importance. This division has partnered with several defense departments across globe. SED division has is now operating at level 5 of CMM.
Total Assets (INR Cr) = 34094.92
Total Revenue (INR Cr) = 36461
Profit (INR Cr) = 1067
2. Power Grid Corporation
Power Grid Company is a central energy conglomerate. It has been a publicly listed company since the year 2007.
Image: company website
It has also earned the title of Navaratna (part of 4 companies with the title), which shows its strong presence in the industry as a leader in India. It is India’s largest Electric Power Transmission Utility and has been consistently rated excellent in operations under MoU with Ministry of Power. The company operates in following segments- Transmission, Consultancy and Telecom. The transmission lines span 129,407 km’s in distance and has 207 substations. The company looks after 150 domestic clients for consultancy related to transmission and has global footprint in 18 countries. The company’s telephone network covers a distance of 36,563 Kms in 595 locations.
The company’s central transmission utility undertakes transmission of electricity through interstate transmission system. It has EHV/HV networks and Grid Management within the transmission system where Grid Management offers Real-time grid operations, optimum scheduling and dispatch, energy accounting and settlements etc. In consultancy segment of the business Power grid company provides in-house expertise in transmission, distribution, and telecom services including design, engineering, procurement, financing and project management. Power grid’s telecom business leverages the long network provided by its transmission system. It offers choices of bandwidths and topologies to operate in. The company has been exploring new business opportunities steering in the direction of building smart grid/ smart cities, energy efficiency, intra-state transmission, Desert power India, Off-shore wind generation integration, solar PV system integration, distribution, manufacturing etc. As a part of its CSR initiative company has worked towards overall development of communities by providing facilities like education, health etc.
Total Assets (INR Cr) = 181919.54
Total Revenue (INR Cr) = 21626.98
Profit (INR Cr) = 6014.56
NTPC was established in 1975 for energy generation and transmission, and has become a leader since then in the power segment.
Image: company website
It has now grown out to be one of the largest energy companies of the country with Gurdeep Singh as its chairman and managing director. It finds its presence in all the levels of the energy generation value chain, and has a pan India presence with all its offerings. It has also moved on to renewable ways of energy generation including hydro, nuclear forms of energy in order to lower its carbon footprint by reducing green house gases in the environment. The corporation has diversified into the business of power trade, consultancy, rural electrification, professional training, ash utilization and coal mining as well. It was tagged as Maharatna Company in May 2010, one out of total 4 companies being conferred with this title. It finds its presence in Forbes Global 2000 ranking of world’s biggest companies too.
The total installed capacity at the company is 47,178 MW. It has 18 coal based, 7 gas based and 1 hydro based power station. They have set a target of generating capacity of 1,28,000 MW by the year of 2032. The fuel mix in energy generation comprises of 56% coal, 16% gas, 11% nuclear and 17% renewable sources of energy. Company contributes 17.73% of the total national energy capacity and has been operating at high efficiency levels. it also contributes 25.91% of total power generation. NTPC became publicly listed in the year of 2004. GOI now holds only 75% of the stakes in the company. The rest are held by II, banks and Public. It is also one of the most preferred work places due to its ideology.
Total Assets (INR Cr) = 240449.05
Total Revenue (INR Cr) = 78705.5
Profit (INR Cr) = 10290.86
The top 15 power companies in India are selected. Three parameters are selected namely Assets, Revenue and Profits and weightages of 20%, 40% and 40% are assigned respectively. Once the final score is calculated, the final ranking is found.
Power companies have a pivotal role in the lives of every individual as well as organization. Apart from providing power to individual residences, street lights, offices, it is also the backbone of industries, railways, airports etc. The top power companies in the world include EDF, E.ON, Enel, Engie, and Korea Electric Power, along with brands like Iberdrola, Duke Energy, Exelon, National Grid and Southern Company. Here is the list of the top 10 Power companies in World in 2016.
10. Southern Company, USA
Having its roots and current HQ at Atlanta Georgia, Southern Company is an American Electric utility holding organization of the United states.
Image: company website
Founded in 1945 it currently provides livelihood to more than 35000 employees and is one of the largest companies present in USA. By size it is the sixteenth greatest service organization on the planet and fourth biggest in the US just behind the likes of Exelon and Duke Energy. Working a humongous 42,000 Megawatts of era limit through its various backups, the Southern organization at present serves more than 4.4 million clients crosswise over real conditions of the US through its own electric utilities like Alabama Power, Georgia Power, Mississippi Power and Florida (now Gulf Power). The provincial electric utilities directed by the organization give energy to a 120,000 sq. mile of territory with more than 43, 000 km of appropriation lines.
Being always in the top diagrams of the Fortune 500, the Southern Company has likewise amassed endless notoriety through various grants it has won over these years. It was named as the "top military employer" of the year by the U.S. Deptt. Of Defense and G.I. Jobs. Not just this it was additionally tabled as one of the 40 Best organizations for Diversity. From the innovative viewpoint, it was likewise granted by the National Atomic Museum Foundation, the 2014 National Award of Nuclear Science and History.
Traded as SO on the New York Stock Exchange, the Southern Company also is a Dow Jones Utility Average Component, a Standards and Poors 500 component.
Sales: $ 17.489 bn
Assets: $ 78.318 bn
9. National Grid, UK
Moderately new when contrasted with different titans of the power part, National Grid of UK was discovered just 26 years back in 1990.
Image: company website
Its development from that point forward has been enormous and now it representatives more than 25,000 laborers. Having its corporate HQ at Warwick, United Kingdom, the organization bargains in power and gas utility and terms itself as a British multinational association. Significant regions of operation are the UK and the North-Eastern United States. Basically recorded on the London Stock Exchange as NG, it has optional posting as NGG on the New York Stock Exchange and is likewise a FTSE (Financial Times Stock Exchange) 100 Index constituent.
The organization likewise possesses and deals with the framework, including the high-voltage transmission system, in England and Wales, the dominant part of their system involving overhead lines, underground links and substations. The national lattice just as of late on the tenth of November 2015 likewise highlighted its ability to offer a noteworthy stake in the Gas Distribution in the UK. The UK Gas Distribution business alone serves an enormous 10.9 mn clients with a workforce of around 8900 representatives occupied with the Gas and Transmission business. On a normal this gives a figure of around 1225 clients being overhauled by every worker.
Sales: $ 21.717 bn
Assets: $ 84.675 bn
8. Exelon, USA
Exelon as born as a result of a merger between two giants namely PECO (Philadelphia Electric Company) Energy Group of Philadelphia and Unicom Group of Chicago in October 2000.
Image: company website
Exelon is a constant amongst the American Fortune 150, having its headquarters in the Chase Tower in Chicago Loop area of Chicago, Illinois, the company provides livelihood to more than 34, 000 employees. Generating a revenue of more than $ 34.5 bn, it is the largest electric holding company in the United States by revenue. Simultaneously it is also the biggest operator of nuclear power plants in US having full or majority ownership of 17 reactors across 10 nuclear power plants in the US. The company also operates regulated utilities in Pennsylvania, Maryland, Illinois, New Jersey, Delaware and Washington DC.
Constantly growing in size by means of inorganic growth, the company merged with Constellation Energy Group in March of 2012 and only 3 months back in March 2016, it acquired another major called Pepco Holdings, an acquisition which was announced back in April 2014 by means of an all-cash transaction. Primarily listed as EXC over the New York Stock Exchange it is also a S&P 500 component. The current CEO is Christopher Crane.
Generating and providing power through multiple sources it provides over 19000 MW through nuclear power plants, over 12,000 MW through Fossil generation Portfolio it also maintains Hydro and Solar Power plants.
Sales: $ 29.447 bn
Assets: $ 95.384 bn
7. Duke Energy, USA
Counted amongst the elders of the power industry, Duke Energy was founded in the year 1904 by James Buchanan Duke and Benjamin Newton Duke.
The company recorded a total workforce of over 29,200 as of the End of Year 2015, and the current Chairman, CEO and President is Lynn Good. The company has primary listing on the NYSE as DUK and is a S&P 500 component and also a Dow Jones Utility Average component. The company has its current Headquarters in Charlotte, North Carolina and is the largest power holding company in the US. It also has operating assets in Canada and Latin America. Serving more than 7.2 million customers, the company operates 58,200 MW of base-load and peak power generation in the US in a territory covering 104000 sq. miles and owns and maintains more than 402, 700 kms of distribution lines.
Generating power from multiple sources like coal, oil and natural gas in Midwest, mainly nuclear power in Carolina and hydroelectric power in Brazil, the company operates mainly through its subsidiaries some of which are Duke Energy Florida, Duke Energy Progress, Duke Energy Retail and Duke Energy Renewables.
Apart from all this, the company has also been a popular employer being awarded as one of the 50 Best Employers in America by the popular ratings of Business Insider. Being a major Wind power player, the company also has nuclear, thermal and combined cycle plants.
Sales: $ 23.459 bn
Assets: $ 121.15 bn
6. Iberdrola, Spain
The largest in Spain, Iberdrola is a public multinational electric utility company with its headquarters in Bilbao, Spain.
Founded only in 1992, it is a 23 year old company giving a source of income to more than 30,000+ employees across a dozen countries located across 4 continents. It serves the power requirements of more than 31.67 million customers through its many subsidiaries like Iberdrola USA, Elektro, Brazil and Scottish Power in Scotland. The major shareholders of the company include Qatar Investment Holding, ACS, Kuxabank and Bankia. The company began its international operations only 8 years after its formation but has still proved its mettle becoming the global leader in wind power generation and also the number European Utility by market capitalization. Primarily listed on the Bolsa De Madrid (BMAD) as IBE, it is also an IBAX 35 component and a Euro Stoxx 50 Stock Market index component.
The company operates mainly in the Deregulated business in over 40 countries in Europe, North America and Latin America, and in the Regulated business in Spain, USA and Brazil. The company also has an operating installed capacity for its Renewable energy business of over 14.787 MW. The company’s primary activities consist of Production of electricity, Trade in electricity in wholesale markets, Marketing of electricity, gas and associated energy services and Transmission and distribution of electricity.
Sales: $ 34.120 bn
Assets: $ 113.665 bn
5. Korea Electric Power, South Korea
More popularly known as KEPCO, the Korea Electric Power Corporation is the largest power corporation in South Korea.
Image: company website
All in all, it is responsible for more than 93% of Korea’s power generation, and it was founded almost 55 years ago in July 1961 and its current headquarters are located at Naju, South Jeolla, South Korea. The current president and CEO is Cho Hwan-Ik and provides the daily bread earnings to more than 20000 employees. Major businesses for the company are the generation, transmission and distribution of power simultaneously giving support for major electric power projects including but not limited to nuclear power, wind power and coal.
Ranked 271 on the Fortune Global 500 list of 2011, the company received good credit ratings from almost all major rating companies like Moody’s and Fitch. It is a majorly government owned company with the South Korean government holding 51% shares of KEPCO. IT has primary listings on the Korea Exchange as 015760 and secondary listing on the New York Stock Exchange as KEP. Having an installed capacity of over 65, 000 MW, the company operates through a number of its affiliates and subsidiaries. It is also a prominent member of the World Nuclear Association, World Energy Council and also the World association of Nuclear Operators.
Sales: $ 51.727 bn
Assets: $ 147.337 bn
4. Engie, France
Known most popularly as GDF Suez, which was the company’s name prior to April 2015, Engie is a French multinational electric utility holding company.
Image: company website
Formed only in the July of 2008 as a result of a merger between Gaz de France and Suez, the company is a successor of the Universal Canal Company which was found in 1858 to construct the Suez Canal. The company has shown spectacular growth which is very much evident by its huge market cap, surpassing even that of the much older players in the power sector. Primarily listed as ENGI over Euronext, the company also forms a Euro Stoxx 50 stock market index component. The present headquarters are located at La Defense, Courbovie, France and the the current CEO is Isabelle Kocher. The company has also shown tremendous growth in terms of employment options available with the number of employees surging to 154950 over just a 7 year period, since its inception. Engie has a very creative shareholding pattern with the employees of the company being owners of 2.72% of the stock. The major shareholder though being the State of France while over 55% is Publicly Floated.
The majority of company businesses include Natural gas production, Electricity Generation and distribution. Among the sources it relies majorly on Hydro Power, Wind Power and also focuses on Energy Trading.
Sales: $ 75.893 bn
Assets: $ 174.474 bn
3. Enel, Italy
Third on our ranking is Enel of Italy which was formed in November 1962 as a public body where Enel stood for Ente nazionale per l’energia elettrica (National Entity for Electricity).
Image: company website
It then underwent organizational change in 1992, transforming it into a limited company, and the company headquarters are located at Rome, Italy and the current CEO is Francesco Starace. This year the company changed its logo from a sun with a tree and 9 rays to a logo now depicting only its name. The 9 rays of the sun in the earlier logo represented the various services offered by the company. Traded as ENEL over the Borsa Italiana Stock Exchange, the company’s major shareholder is the Italian government with 25.5% of the company’s shares. The company also forms a Euro Stoxx 50 stock market index component.
The company provide for the bread and better to over 70, 000 employees and functions through numerous subsidiaries like Enel Energia, Enel Sole, Enel Trade, Enel Servizio Elettrico etc. The company has its operations in over 30 countries is currently the 56th largest in the world by revenues collected. In its yester years, the company grew rapidly by means of acquisitions. Some of the initial companies to be acquired were SIP, Piedmont, SADE, Veneto, SRE Lazio etc.
The company recently partnered with the Coca-Cola company and Givewatts to promote the consumption of renewable energy in Kenyan rural areas, by means of distributing Solar Lanterns to schools in the territory.
Sales: $ 82.164 bn
Assets: $ 175.040 bn
2. E.ON, Germany
Founded only recently in 2000, E.ON SE is a European holding company headquartered in Dusseldorf, North-Rhine Westphalia, Germany.
Image: company website
The company derives its name from a Greek word meaning “an age”, namely aeon. Primarily listed on the Frankfurt Stock Exchange as EOAN and having secondary listing on the OTC markets group as EONGY, the company also forms a Euro Stoxx 50 stock market index component. It also features as a member of the DAX Stock index comprising major European companies and is also a proud member of the Global Titans 50 index. The areas of operation span over 30 countries delivering power services to more than 33 million customers.
The current CEO and chairman of the executive board is Johannes Teyssen. At the start of this year i.e. January 1, 2016, the company shifted its traditional power generation and other operations lik energy trading into a new company by the name of Uniper with E.ON retaining the business of retail and distribution of power. Another new company was subsequently formed to take care of its nuclear operations business named PreussenElektra. The company operates through mainly its subsidiaries a few of which are E.ON UK, E.ON Russia etc.
Through means of its operations the company provides for the daily bread and butter of more than 56490 employees.
Sales: $ 126.213 bn
Assets: $ 123.470 bn
1. EDF, France
Topping the charts of the top power companies of the world in 2016 is Electricite de France S.A. (Electricity of France).
Image: company website
Headquartered in Paris, it is a majorly state owned electric utility company with over 75 billion Euros of revenue in the last fiscal year. Having a multifarious portfolio of over 120+ GW, the company has a visible position in South America, North America, Europe, Asia, Africa and the Middle East. The company has also been the largest producer of electricity in the world in 2009. In its European operation it relies primarily on nuclear power for which it has over 58 active nuclear reactors at over 20 nuclear power plants or sites. Other sources of energy in use by the company include Renewable, Gas, Fuel, Charcoal etc. The company also spread to other lesser used areas of power generation such as marine engines and fossil-fired energy.
The company was found in the year 1946 almost 70 years ago by Marcel Paul by means of nationalization of over 1500 small producers of energy. Initially a state-owned corporation the company went organizational change and is now a limited liability corporation. The current chairman and CEO is Jean-Bernard Levy. The company provides employment to over 150000 people and has two major subsidiaries namely EDF Luminous and EDF Energy. It has primary listing over the Euronext as EDF.
Sales: $ 81.456 bn
Assets: $ 302.929 bn
Step 1: Top 19 companies were shortlisted based on their Market Value
Step 2: 2 parameters Revenues and Assets were used to calculate a weighted average
Step 3: Based on the weighted average, their ranking was done.
UK is one of the most powerful economies in the world. Some of the leading companies in the world across sectors like telecom, pharma, automobile, FMCG, banking etc are a part of industries in UK. The top companies in UK include HSBC, BP, Prudential, Standard Chartered & Vodafone along with brands like Tesco, GlaxoSmithKline, National Grid, AstraZeneca and BAT. Here is the list of the top 10 companies in UK 2016.
10. British American Tobacco
The company is a multinational company and is headquartered in London in UK. It is ranked 5th in the industry.
Image: company website
It is the market leader in more than 50 countries and has operations in more than 180 countries, making it one of the most prominent brands. BAT is being primarily listed on London Stock Exchange, and is also a constituent of FTSE 100 Index, which shows its strong financial position. The company has a prominent brand presence and has wide scale operations. The company has a systematic supply chain distribution and reaches out to customers in the urban as well as rural areas alike.
In a major event BAT has increased its capacity by announcing an investment of 30 million Euro in increasing and up gradation of capacity in Croatia. This announcement was made by Nicandro Durante who head BAT after he met with Croatia’s Prime Minister Tihomir Orešković.The BAT with 60,000 employees, in the past eight months has successfully integrated with Croatian TDR into their system. With this investment the Kanfanara factory will gain more profit and importance.
Revenue(Bil $): 18.93
Profit(Bil $): 6.53
Assets(Bil $): 17.03
AstraZeneca plc. is multinational biologics and pharmaceutical company. It is headquartered in London in UK.
Image: company website
In terms of prescription sales it is one of the largest company in the world and it was followed after Pfizer, Sanofi, Novartis, Merck & Co., Roche and GlaxoSmithKline. It has operation in more than 100 countries and has a huge portfolio of products for major diseases including cancer, neuroscience, respiratory , cardiovascular, gastrointestinal, infection and inflammation. The company’s history dates back to 1999 when it was founded by the merger between UK based Zeneca Group and the Sweden-based Astra AB. It has since then made numerous corporate acquisitions like MedImmune (in 2007), Cambridge Antibody Technology (in 2006), Definiens (by MedImmune in 2014) and Spirogen (in 2013).
This company has primary listing on London Stock Exchange. It is also a constituent of FTSE 100 Index with secondary listings on OMX exchange and New York Stock Exchange. Recently in news reported that a drug from AstraZeneca is a breakthrough drug in cancer. It has shown promising results for women suffering from ovarian cancer. An interim study looking at early findings claimed that long-term survival of women who are taking olaparib, famously known by its brand name Lynparza, suggested that drug is increasing the life-expectancy.
This claim was verified by Dr Mene Pangalos who is the executive Vice President at AstraZeneca. He verified this to delegates present at conference which was held in Chicago and is referred by American Society of Clinical Oncology's. Dr. Pangalos who joined AstraZeneca was given the task of igniting the discovery engine when its string of bestselling medicines lost its exclusivity.
Revenue(Bil $): 24.7
Profit(Bil $): 2.83
Assets(Bil $): 60.12
8. National Grid
National Grid plc. is a multinational gas and electricity company. It is headquartered in Warwick in United Kingdom.
Its major business operations are in United Kingdom and Northeastern United States, and is primarily listed on London Stock Exchange. It is also part of the FTSE 100 Index and is the 20th largest company to be listed on London Stock Exchange with a secondary listing on New York Stock Exchange. National Grid is the company responsible for a vast network of gas supplies and electricity to British homes. This way it earned £6.8 billion last year, out of which £2.6 billion was profit.
The company runs mostly as a monopoly in UK, so the energy regulator Ofgem, oversees the prices which can be charged by suppliers which use the network. But there have been speculations that with a profit margin of 38% which beats the likes on SSE and British Gas, there are accusations that the company charges the suppliers very much, which has to be paid by households in the form of bill.
The cost to deliver and transport electricity makes around 20% of average household energy bill. Gas makes up around 18%. This amount is charged by National Grid according to Director of EnergyHelpline, which is a comparison site. He claims that 25% reduction in charges to energy suppliers through the instrument of fair price limits would save the households £37 a year. He has called Ofgem for a crackdown on National Grid to introduce fair pricing.
The history of the company dates back to 1990, when both transmission and generation activities were taken care by Central Electricity Generating Board in England & Wales.
The present electricity market of UK is divided into four separate companies in 1990s.Its generation activities were taken care by National Power, Nuclear Electric and PowerGen and the transmission part was taken over by National Grid Company
Revenue(Bil $): 21.96
Profit(Bil $): 5.46
Assets(Bil $): 79.59
GlaxoSmithKline plc. (GSK) is pharmaceutical company headquartered in Brantford in London in United Kingdom.
It was formed in 2000 when there was a merger between Glaxo Wellcome and SmithKline Beecham, and have ever since been a prominent brand in the industry. Recently in 2015 GSK was world’s sixth largest company, and was also listed on the London Stock Exchange along with the FTSE 100 Index. GSK’s earned around £21.3 billion in 2013. GSK’s consumer products which were sold the most were Sensodyne and Aquafresh toothpaste, the malted-milk drink Horlicks, Nicoderm and Nicorette nicotine replacements, Abreva for cold sores, Night Nurse, a cold remedy and , Breathe Right nasal strips. The company was also instrumental in developing the first malaria vaccine.
GSK is on an acquisition spree in U.S. Pacific BioSciences are 1.6% higher after it has been speculated that it could be a target of $1.5bn bid. The possible bidders are GlaxoSmithKline and Roche. GSK is also seeking approval from US Food and Drug Administration, to release three-in-one inhaler to help patients suffering from chronic obstructive pulmonary disease by 2016. It plans to take approval from Europe at the same time.
GSK also got relief from court recently when the court did not find evidence in case of patient filing a law suit over GSK for failing to warn them about potential cardiovascular problems related to Avandia.
Revenue(Bil $): 34.56
Profit(Bil $): 12.10
Assets(Bil $): 78.77
Tesco PLC is a multinational company dealing in grocery, general merchandise and retailer. It is headquartered in City, Hertfordshire in England, United Kingdom.
It is the second largest company in terms of revenues and has stores all over the world with stores across 12 countries. Tesco was founded by Jack Cohen in 1919 as group of market stalls, and his business grew rapidly and by 1939 he owned over 100 stores all over the country. Tesco originally started as grocery retailer and has diversified geographically since early 1990s and into areas such as, clothing, electronics, furniture, toys, retailing of books, telecoms and internet services, petrol and software& financial services. The company is listed on the London Stock Exchange. It is a part of FTSE 100 Index.
Tesco repositioned itself in 1990s from being a high-volume down-market low-cost retailer to a one which appeals to many social groups. Phil Neale, Tesco’s brand manager – has been in Tesco’s marketing team since 2014 – is one-quarter of family singing group The Neales, managed to get placed in the finals of Britain’s Got Talent last year.
On the occasion of Father’s Day, the band has written a song titled ‘I’ll be there’ which will reach the floors. This will be released to all 750 Tesco stores for just £1. To give sales a boost, The Neales will also go on a tour of selected Tesco stores all over the UK during the first weekend of the song’s release. All of the money which will be raised will go to charity called Tesco’s National Charity Partnership along with Diabetes UK and Heart Foundation. Neale said he knows it’s a very long way to reach the number one spot, but hopes the backing of 300,000 Tesco colleagues give the song a chance.
Revenue(Bil $): 89.9
Profit(Bil $): -8.33
Assets(Bil $): 63.88
Vodafone Group is registered in Newbury, Berkshire. It is headquartered in London and is a British multinational company.
It is the second largest mobile company in world, and only second in terms of subscribers as well as revenue behind China Mobile. Vodafone currently operates in 26 countries and has partnered with over 50 countries, and is one of the most prominent brands across the world. It also provides services in telecommunications and IT services in more than 150 countries. Vodafone too is listed on London Stock Exchange. It is also the constituent of FTSE 100 Index. It is the third and second largest company on London Stock Exchange and NASDAQ respectively.
In India too, Vodafone India has emerged top service provider in enterprises in the year 2015 according to Frost & Sullivan. Vodafone Business Services (VBS), won the award for sixth time for 'Enterprise Mobile Service Provider of the Year'. Vodafone is gearing for public listing in India to get a contract worth $575 million for five years. As part of proposed deal, IBM will get a reduced amount of about $110 million as from earlier which it was getting $170-200 million from the $1 billion contract.
Vodafone and Huawei have ventured together to start Madrid Tech City. This project is started to position Madrid as one of technically advanced cities around the world. Madrid already has 4G+ mobile network and it is covered with state-of-art antenna solution to improve mobile experience of citizens.
Revenue(Bil $): 61
Profit(Bil $): 8.32
Assets(Bil $): 176.99
4. Standard Chartered
Standard Chartered PLC is a multinational bank and financial services company. It is headquartered in London in United Kingdom.
It has more than 1200 branches in more than 70 countries, and it employs around 87000 people, and is one of the most globally recognized banks across the world. It’s a bank which is universal in nature which has operations in consumer, corporate and treasury services. Although is it headquartered in London, It does not have retail banking branches in UK and more than 90% of the profits come from Asia, Africa and Middle East. Standard Chartered too has a primary listing on the London Stock Exchange. It’s also a constituent of the FTSE 100 Index.
In India, Standard Chartered bank has contacted PMO’s office to go after Winsome group second to India’s largest wilful defaulter Vijay Mallya’s Kingfisher Airlines. It owes 6,800 crore to more than 15 banks in India. The lenders are led by Stan Chart are yet to accept the repayment plan. The bank could not pay back banks due to huge derivative losses. These losses were suffered by Middle East clients. Meanwhile in Africa, Standard chartered bank will be giving services on digital platform. This means they will be providing banking services on mobiles, tablets and laptops in Nigeria, Tanzania, Uganda, Botswana, Ghana, Kenya, Zambia and Zimbabwe.
The banks has set its plans set to launch fingerprint technology in 2016 in Africa. This is part of digital strategy of the continent. This is part of $1.5 billion investment plan of Standard Chartered. The bank’s online banking platform is also gaining an upgrade with added features of improved navigation and user friendly interface. Customers will also be offered services in wealth management too in Africa.
Revenue(Bil $): 15.44
Profit(Bil $): -1.52
Assets(Bil $): 640.48
3. Prudential plc
Prudential Plc. is multinational life insurance company. It is headquartered in London, United Kingdom.
Image: company website
It was established in 1848 to provide loans to professional and working class, and its largest division is in Asia as Prudential Corporation Asia. It has over 13 million customers in 12 Asian countries, and the top-three insurance provider to Hong Kong, India, Indonesia. The UK division has more than 7 million customers, and is leading insurance provider in UK. It also owns Jackson National Life Insurance Company of US. It is the largest life insurance providers in US. In 2013 Prudential acquired Express Life, the Ghanaian insurance company. This way it has made an entry to African market. To establish more itself in Africa it purchased Kenya’s life insurance company Shield Assurance and rebranded as Prudential Kenya. It has primary listing on London stock exchange. It is also a constituent of FTSE 100 index.
Also now in the markets it is the best time to buy Prudential Shares. Since Prudential has operation all around the world including in the emerging markets of Asia. With time these emerging markets will mature, these markets have shifted from manufacturing to financial services. In emerging markets middle class grow richer and they need a place to park their money. So they will invest in savings and insurance. This company is in good place to take advantage of rapid growth of financial services in the region.
The prudential stock has rocketed since and now not well in its highs so it’s the best time to buy-in.In 2015 in a major shuffling it was announced that CEO Tidjane Thiam, will be leaving Prudential. He is set to become the CEO of Credit Suisse. Now the new head will be Mike Wells, who would succeed Tidjane Thiam, with a pay package of around to £7.5 million.
Revenue(Bil $): 51.06
Profit(Bil $): 3.73
Assets(Bil $): 559.12
BP is also known as British Petroleum. It world’s seventh biggest oil and gas companies.
It is headquartered in London in United Kingdom, and is one of the largest company by market capitalization in oil and gas companies. It is one of those oil companies which is vertically integrated which is operated in production, refining distribution and exploration, and is recognized as a global brand. It has growing interest in renewable energy in the field of biofuel and wind energy. The company has 17,200 servicing stations which includes 7000 service stations in U.S. It has the largest division in United States of America. BP has 20% stake in Rosnet. Rosnet is largest oil and Gas Company publicly traded. BP is also listed on London Stock Exchange. Like many other major companies of U.K. this too constituent of FTSE 100 index.
BP has been providing fuel the world over and is extremely popular brand across the world. It provides high quality petrol and gasoline compatible with the latest cars to ensure high performance. BP has evolved to become a leading oil and gas company across the world, and is also financial stable.
Revenue(Bil $): 225.98
Profit(Bil $): -6.4
Assets(Bil $): 261.80
Leading our survey with top rank is HSBC Holdings plc, which is a British multinational banking company whose headquarters are in London, United Kingdom.
It is fourth largest bank in the world in terms of assets, and the bank lies mainly in Hong Kong and Shanghai. The company was established in 1865, and is located in 80 countries with 6000 offices and has around 600 million customers, and is recognized the world over as a prominent bank brand. Meanwhile, in India HSBC has decided to shut down 25 branches out of a total 50 citing the reason that more people are using banking services through digital rather than going to branches. This will take place in phased manner and will impact bank’s 1% of the employees in the country employs 33,000.
India is a priority market for it and will continue invest in retail and wealth management services. The braches which are being shut down get less than 10% of the customers. Elsewhere amid rumors of layoffs from HSBC, Chris Clark, and group head of marketing will be leaving the company after 17 years. Reuters and other agencies reported that HSBC will be cutting several executive level job. These jobs will be cut in its investment bank unit as recently hired CEO Matthew Westerman aims make a difference to the organization. According to insiders the company let top executives go late last year, although Clark was not affected by those layoffs. George Osborne has joined forces with various banks like HSBC, JPMC, BT.
Revenue(Bil $): 60.68
Profit(Bil $): 15.53
Assets(Bil $): 2600
The leading companies in UK are considered and various parameters like revenue, profit and assets are taken. Each of these parameters are assigned weightages i.e. revenues (0.33), profits (0.5) and assets (0.17). After this, a final score is calculated for all, depending on which a final rank is calculated.
Being the twelfth largest economy in the world, Australia is home to several of the world’s largest and innovative companies. The top Australian companies like ANZ, Commonwealth Bank, Wesfarmers, Woolworths, Westpac, National Australia Bank, BHP Billiton, AMP, Macquarie, Telstra etc. Here is the list of the top 10 companies in Australia in 2016 based on revenue, profits and assets figures.
10. AMP Limited
Formed in 1849, as a mutual and nonprofit life insurance company, AMP was founded as the Australian Mutual Provident Society.
Image: company website
AMP started its operations in 1849 and the National Mutual Life Association of Australasia in 1869, and later in 2011, these two separately operating firms decide to merge and create a financial behemoth. It is a financial services company dealing in investment, individual and corporate superannuation products, home loans, savings accounts, life insurance and retail funds. It is the largest corporate and superannuation provider in Australia with around 101 billion dollars in assets. Its products have won prestigious national awards in 2015 like The Good Design Awards in Australia and the company is the winner of Employer of Choice for Gender Equality.
AMP is also a front runner in the area of real estate management with $18 billion assets in the sector. With an experience of over 160 years, AMP is one of the largest investment managing companies in the Asia Pacific region. 5400 employees currently form the workforce of AMP and help support shareholders, financial advisers and customers. With more than 4400 financial advisers forming the largest financial advice network in Australia and New Zealand, AMP clocked a revenue of 10.3 billion dollars in 2015. AMP also provides banking services to around 100,000 customers through the AMP bank. The National Mutual Association and AMP have supported extensively in the financial and infrastructural development of Australia by financing Australia’s first sky scrapers, roads, airports. AMP currently operates in more than 10 countries worldwide with its head office in Sydney. The company is currently led by Craig Meller as the Chief Executive Officer and Managing Director. It has around 820,000 shareholders with HSBC and JP Morgan holding 23% and 13% stakes respectively.
Revenue = $10.3 bn
Profits = $729 mn
Assets= $101.6 bn
9. BHP Billiton
Headquartered in Melbourne, Australia, BHP Billiton is an Anglo-Australian petroleum, mineral extraction and mining company.
Image: company website
The company is among the world’s largest producers of metallurgical coal, iron ore, copper, uranium, oil and natural gas. The company was created through the Australian Broken Hill Proprietary Company Limited and Billiton plc in 2001, and has ever since been a leading company in Australia. The company is one of the largest listed companies in Australia. It is led by Andrew Mackenzie as the Chief Executive Officer. BHP Billiton has its operation in over 25 countries employing around 41,000 people worldwide. In 2015, the company was responsible for production of 256 million barrels of oil equivalent, 233 million tons of iron ore, 1.7 million tons of copper, 43 million tons of coal. With this, the company clocked $30.5 billion dollars of revenue in 2015. However, the company is in a loss overall of 6.1 billion dollars. The company has been the finalist in the prestigious CDP 2015 Australian Climate Leadership Awards in the largest absolute carbon reduction category.
The company is also a front runner in various corporate social responsibility programs across Australia. Their charter is based on the values of sustainability, integrity, respect, simplicity, accountability and performance. It donates one percent of its pretax profit, on the basis of previous year profits in community programs. The company has established BHP Billiton Foundation and BHP Billiton Sustainable Communities as independent charities at the global level. The BHP Billiton Matched Giving Program contributes a further two dollars to the recipient organization for every dollar donated by an employee. However, the company has also been mired in controversies related to extraction and marketing of fossil fuels and responsible for greenhouse gas emissions since the beginning of the industrial age.
Revenue = $30.5 bn
Profits = -$6.1 bn
Assets= $118.7 bn
8. Macquarie Group
The Macquarie Group was established in 1969 and it started its operations in 1970 from Sydney with only three staff members.
Today, the group is known as one of the largest financial services and global investment banking group providing financial advisory, investments, funds management to both retail and corporate customers. It is the top ranked M&A advising firm in Australia and is the largest Australian investment bank. Macquarie has been able to differentiate itself from its competitors by focusing on new products and geographies, building expertise and expanding into adjacent areas.
Macquarie has more than 14000 staff, across 18 countries in more than 70 global office locations. The group clocked 11 Billion dollars in revenue with 1.5 billion in profits in 2015. Macquarie has a rich history of acquisition of companies for its inorganic growth. In 2015, it acquired Australia’s largest mobile phone towers’ owners, Crown Castle for an undisclosed amount. In January 2015, it acquired a stake in an offshore wind park for 720 million pounds. The Group is led by Nicholas Moore as the Chief Executive Officer and Managing Director. The company has a 47-year record of unbroken profitability. The company was once called as the “Millionaire Factory” for its high profits and executive rewords. The company has received multiple awards over the years for the Best Investment Bank Australia, Best Australian M&A House and Deal of the Year.
The Group has a horizontal and vertical structure. Macquarie Capital, Securities, Asset Management, Commodities and Financial markets, Banking and Financial services and Corporate Asset finance group form its verticals. In the horizontals, it has Risk management, Legal and Governance, Financial management and Corporate operations group.
Revenue = $11.2 bn
Profits = $1.5 bn
Assets= $118.7 bn
Telstra, also known as Telstra Communications Limited is the largest media and telecommunications company in Australia.
Founded over 40 years ago in 1975, it is headquartered in Melbourne, it originated as a part of Government with the Australia Post. The company has now been fully privatized and builds and operates telecom networks and sells voice, internet access, mobile, pay television. Telstra has been able to retain the market leader position in telecom services through a strategy of providing calls at lower rates across specific routes even though its average cost is higher that its rivals. Telstra operates 360 retail stores across Australia known as “Telstra Stores”. Operating across the Asia Pacific for more than 70 years with 3000 employees in 22 countries, Telstra provides services to hundreds of government and business customers.
The company’s revenue was 20.2 billion dollars in 2015 with 3.2 billion dollars as profit. Telstra is also the largest provider of Australian e-health services. It also supports entrepreneurs in Australia, New Zealand and Singapore through muru-D, a startup accelerator program. Andy Penn serves as Telstra’s Chief Executive Officer.
Telstra’s digital arm is one of the highlights of the group which was founded in February 2011. Its aim is to boost the use of digital channels for its business and customers. In 2015, the group announced that around 50% of its business was completed digitally. Telstra has also received the 2016 EMC Cloud Service Partner of the Year Award. It also ranks high among the companies in Australia with respect to workplace gender diversity. For its future growth, Telstra has announced that it will focus on three pillars- improving customer advocacy, driving values from the core and building new business growth.
Revenue = $20.2 bn
Profits = $3.2 bn
Assets= $30.9 bn
6. Woolworths Limited
Woolworths Limited is a retail giant in Australia and New Zealand, and is one of the most recognized brands in the region.
By revenue, it is the second largest company in Australia by revenue standing at a whopping 45.3 billion dollars in 2015 and is the second largest in New Zealand. With the first store opening in Sydney in December 1924, the retail company is headquartered at Bella Vista, New South Wales. Its owns and operates Woolworths Supermarkets in Australia, Countdown in New Zealand, BWS and Dan Murphy’s liquor retailing in Australia, pubs and hotels under ALH group, and BigW discount department stores in Australia. Woolworths mostly sells packaged foods, meat, fruits, vegetables, magazines, DVDs and stationary items. With over 200000 employees and 980 stores across Australia, Woolworths is the Australian equivalent of Walmart in the USA. The company is led by Brad Banducci as the Chief Executive Officer.
In 1996, Woolworths began entering the petrol market with outlets across Australia named as “Plus Petrol”. For easy banking services for customers, it collaborated with Commonwealth Bank to create Ezy Banking in 1999. By 2008, it had invested in infrastructure, financial services and built a 50-member staff for this purpose. Woolworths also has 75% stake in Australian Leisure and Hospitality group and operates poker machines across Australia which are estimated to raise around 1.2 billion dollars in revenue each year.
Woolworths executives are recognized across the globe as world class executives and many of them have won global awards like CFO of the Year 2016. The company is generally seen to be considerate to disabled persons offering them employment and the company has won the Disability Employment Award in recent years.
Revenue = $45.3 bn
Profits = -$ 80 mn
Assets= $17.6 bn
5. Wesfarmers Limited
Wesfarmers Limited is a conglomerate with interests spanning across industries like fertilizers, chemicals, coal, safety and industrial products.
Image: company website
It is based out of Perth in Western Australia, and by 2015 numbers, it is the largest Australian company by revenue at 47.4 billion dollars with a profit of 1.8 billion dollars. With over 205000 employees, the company is the largest private employer in Australia. It was formed in 1914 as a cooperative and has since then diversified and grew into a major conglomerate. In 1984, it went public by listing on the Australian Stock Exchange. It has diversified its interests through a series of related diversification. Richard Godyer leads the executive team of Wesfarmers as its Managing Director. The company inculcates core values of integrity, openness, boldness and accountability.
Wesfarmers business include supermarkets, hotels and convenience stores, liquor, office supplies, department stores etc. It is one of the largest in terms of shareholder base with around 500,000 shareholders. The company is divided into several divisions each supporting a different business. Coles, which was purchased by Wesfarmers in 2007 was national supermarket, liquor and fuel convenience retailer in Australia. Coles is supposed to be one of the biggest advertisers in the Australian continent. The purchase of Coles was one of the largest ever deal in Australian corporate history. The Home improvement and office supplies division consists of Bunnings Warehouse and Officeworks. Combined, both of them specialize in home and living products, business and education products across Australia. Kmart and Target constitute its department store division. They employ more than 50,000 employees combined. Industrial and Safety, commercials, energy, fertilizers and resources for its other divisions. Wesfarmers also holds stakes in Private equity firms and investment houses.
Revenue = $47.7 bn
Profits = $1.8 bn
Assets= $30.4 bn
4. National Australia Bank
National Australia Bank(NAB) is one of the largest financial institutions in Australia in terms of number of customers and market cap.
It is among the top 50 banks in the world, and with over 1590 service centers and branches, over 4000 ATMs across Australia and New Zealand, National Australia Bank serves around 13 million customers. The bank earned 28.8 billion dollars in revenue in 2015. It is the largest Australian company in terms of assets with 671.6 billion dollars. The bank is headquartered in Victoria, Australia and is led Andrew Thorburn as the Group Chief Executive Officer. The bank was formed in 1982 following the merger of the Commercial Banking company of Sydney and the National Bank of Australia. After this, the company expanded its base to the United States, Europe and Asia. It also undertook a series of acquisitions of other banks like Clydesdale Bank in Scotland, Northern Bank and Bank of New Zealand.
The portfolio of the bank includes banking, wealth management, investment, corporate and retail insurance and superannuation. The group is divided into eight divisions across two geographic regions. The divisions in Australia are business banking, personal banking, UBank, MLC and NAB private wealth, NZBanking in New Zealand, Wholesale banking, Specialized Group products and corporate functions and others at the global division. Around 75% of NAB’s revenues come from Australia. NAB is also known for its initiatives in corporate social responsibility. It has set a target of spending 1% of cash earnings before interest in the CSR area. NAB is one of the largest carbon neutral companies and has been ranked highly in the 2010 Global Carbon Disclosure Leadership Index.
Revenue = $28.8 bn
Profits = $5.0 bn
Assets= $671.6 bn
Westpac Banking Corporation, is banking group and financial services provider headquartered in Sydney.
It is one of the members of the big four banking group in Australia, and as of 2015, Westpac serves 13 million customers with the largest branch network in Australia with around 1400 branches and 3900 ATMs. With 571 billion dollars in assets, it is one of the largest banks by assets in Australia. In New Zealand, Westpac is the second largest bank. The financial corporation has Brian Hartzer as its Chief Executive Officer. Westpac is Australia’s first and the oldest bank. It was formed through a charter in 1817 and was named as Bank of New South Wales. During the 1800s, the bank expanded by providing financial services to gold miners. Following a series of stock market crashes, Westpac recovered by acquiring other banks like Commercial Bank of Australia in 1982. Challenge Bank Limited in 1995, trust Bank in 1996 and Bank of Melbourne in 1997. A string of other acquisitions in the banking and wealth management space in 200s saw the emergence of Westpac as a banking behemoth.
The group is divided into 5 major divisions: Consumer Bank, Commercial and Business Bank, BT Financial Group Australia, Westpac Institutional Bank and Westpac New Zealand. Other business divisions in the group comprise of Westpac Pacific, Customer and Business Service, Treasury, Group Technology and Core Support. Westpac’s strategy aims at building lasting customer relationships, providing a place where people look forward to work for and being a leader in community services. To deliver on this strategy, Westpac has primarily focused on the domestic markets of Australia and New Zealand. It has taken top honors at the Australian Workplace Equity Index in 2016.
Revenue = $30.2 bn
Profits = $6.3 bn
Assets= $571.0 bn
The Australia and New Zealand Banking Group(ANZ) takes the runner up position in our list of Australia’s largest companies.
With a 2015 revenue of 31.1 billion dollars and an asset base of 625.8 billion dollars, it is the fourth largest bank in Australia by market cap. Australia forms the major part of the bank’s customer base, and the bank also has branches across 30 other nations. Shayne Elliott is the bank’s Chief Executive Officer. ANZ was formed in 1951 when the Union Bank of Australia Limited merged with the Bank of Australia. The bank further strengthened by acquiring other banking and financial entities through the 1990s. Recently, the company has announced to partner with Apple to provide the services of Apple Pay to its customers. The bank provides banking, loans, credit cards, insurance, travel and foreign exchange to personal customers. It provides corporate banking, research and investment advisory to industries as well.
The bank has a different organizational structure in different geographies offering various services. The Australian division provides retail products and distribution, commercial banking and wealth management services. ANZ also provides brokerage services across Australia and New Zealand. In Asia Pacific, ANZ has been quite aggressive with its strategies and has made inroads into emerging markets of China, Indonesia and Vietnam. The bank has around 1400 branches worldwide. ANZ Bangalore in India is one of the first IT based staff centers established in 1989 and employing around 4800 persons.
ANZ is one of the most respected banks in the world. The bank has been featuring in the Global 100 most sustainable corporations in the world and Ethibel Sustainability Index 2016. It has been recognized as a prominent bank in the Dow Jones Sustainability Index 2016 and FTSE4Good lists.
Revenue = $31.1 bn
Profits = $5.9 bn
Assets= $625.8 bn
1. Commonwealth Bank of Australia
The Commonwealth Bank of Australia takes the top position on our list of Australian companies.
The Commonwealth Bank of Australia, headquartered in Sydney is a multinational banking services provider. It is the largest company listed on the Australian Stock Exchange with a revenue of 33.1 billion dollars in 2015 and 657 billion dollars in assets. The bank specializes in retail, institutional and business banking, funds management, superannuation, broking and investment services. Ian Narev is the bank’s Chief Executive Officer and Managing Director. It was founded in 1911 by the Australian Government and was fully privatized in 1996. Through the 1930s, the bank became bigger and bigger by merging with other banks. During the World War II, the bank had received powers of a central bank in Australia through a legislation. Today, the bank has forged several strategic partnerships with banks around the world. It has cooperation agreements with Hangzhou City Commercial Bank and Jinan City Commercial Bank in China. It has a representative office in Bangalore, India. It also maintains a number of subsidiaries like CommInsure, Bankwest, ASB, Colonial National Bank across Australia, New Zealand and other countries.
The bank’s strategy is to ensure sufficient and sustainable funding to meet the liquidity needs of the bank and to meet the regulatory requirements of the monetary authority. It has good access to capital markets across Australia and has undertaken major borrowing programs in the past.
The bank is divided into three main divisions: Retail Banking services, Premium Business Services and Wealth Management. The bank is the only financial institution to have made it to the Dream Employer’s Top 20 list of preferred employers in the past years. It has also received recognition in the Australian Workplace Equality Index in 2016.
Revenue = $33.1 bn
Profits = $6.9 bn
Assets= $657.0 bn
The top 15 companies in Australia were considered and parameters like Revenue, profits and assets were chosen with weightages like 35%, 35% and 30% respectively. Once the final score is calculated, the top 10 companies are ranked.
United States is well known for its conglomerates which have their presence all across the globe. US conglomerates have companies across industries like defense, banking & finance, media & broadcasting etc. The top American conglomerates include brands like Berkshire Hathaway, Alphabet, Johnson & Johnson, Comcast & Walt Disney along with companies like United Technologies, Dow Chemical Company, Honeywell, 3M and Lockheed Martin. Here is a list of the Top 10 Conglomerates in USA 2016.
10. Lockheed Martin
Lockheed Martin is organized around these core Business areas: Aeronautics, Information Systems and Global Solutions, Missiles and Fire Control, Mission Systems and Training, and Space Systems.
Aeronautics division of Lockheed is committed to persistent research & development of high performance aircraft, seeking low-cost, innovative design and manufacturing strategies. Lockheed Martin Missiles and Fire Control is a recognized designer, manufacturer, and developer of aerospace and defense systems. Along with that it also focuses on missile, rocket, manned and unmanned advanced combat systems for NASA, S Army, Navy, Marine Corps, and many more foreign allies. Lockheed Martin also provide Mission systems and training for surface, air and undersea applications for U.S military and international allies.
Lockheed is also into Directed Energy, Electronic Warfare, Ground vehicles, Logistics and Sustainment, Radar Systems, Biometrics, Cyber-security, Data Analytics, Health & Life Sciences, global communications, space exploration, weather forecasting, and national security and has joint ventures with United Launch Alliance, and United Space Alliance. It is also venturing into Emerging technologies such as Advanced Aeronautics, Advanced Manufacturing, Nano technology, Robotics, and Scientific Delivery.
Lockheed has ever since its inception in 1995 is committed towards engineering a better tomorrow by innovative solutions – Solutions that help puts the boundaries of scientific discovery, defend global security and deliver essential services to citizens around the globe.
Market Cap: $ 69.3 bn.
Revenue: $ 46.132 bn.
Net Income: $ 3.605 bn.
Total Assets: $ 49.128 bn.
From Post-it notes to cloud library, 3M has a very prominent name as a big conglomerate.
It has presence in various products including abrasives, laminates, adhesives, passive fire protection, dental and orthodontic products, car care products, electronic materials, and optical films. 3M is an American Conglomerate founded in the year 1902 and it was formerly known as Minnesota Mining and Manufacturing Company until 2002 when it got renamed as 3M Company. 3M is a true Multinational company which operates in about 70 countries and the products of 3M has a reach in about 200 countries through distributors and Retailers.
Majorly the business of 3M can be broadly divided into 5 business groups: Consumer, Electronics and Energy, Healthcare, Industrial, and Safety and Graphics. Many of us must be using Post-it notes or Sticky notes that are made by 3M. Innovation is one core value that 3M believes in right from its inception and that makes 3M a science based company. 3M is committed to make lives easier by applying science and technology to daily customer needs and real-world problems.
Some of the well-known brands of 3M in US and world-wide are Post-it Products, Scotch-Brite Products, Filtrete Filters, Scotch Tapes and Adhesives, Scotch Print Graphics, Nexcare First-aid Products, Vikuiti Products etc., 3M is a true conglomerate which started off as a small mining venture in 1902 and in a period of 114 years has grown into a global scientific powerhouse with over 1,00,000 patents and with a presence in every industry in the world. The tagline “3M Science. Applied to Life” suits its hunger for innovation and improving lives daily.
Market Cap: $ 102.2 bn.
Revenue: $ 30.274 bn.
Net Income: $ 4.833 bn.
Total Assets: $ 32.718 bn.
Honeywell is a Multinational conglomerate and is one of the most recognized brands worldwide.
Its products ranging across various industries such as Consumer Home, Aerospace & Defense, Vehicles, Buildings, Oil & Gas, Personal Safety, and Scanning & Mobile Productivity. Its popular product range include Thermostats, Humidifiers, Light Timers, Security Alarm & Video Surveillance etc. Along with that it also provides Water Solutions, Combustion Control, Humidification & De-Humidification units, Ventilation, Filtration and Zoning equipment, Cockpit and Cabin Electronics, wireless connectivity equipment, Cloud based Notification and Emergency Messaging Systems. Honeywell develops its products keeping in mind the Honeywell User Experience (HUE) which is one of an important process initiatives to understand the customer needs and design value added products to meet those needs.
It also believes in its vision for a secure, comfortable, cleaner and more efficient future and also believes in innovation as a means to achieve it. Honeywell since its inception has acquired many companies (More than 80 acquisitions since 2002) and operates 25 wholly owned subsidiaries, 142 branch offices and Joint Ventures in five countries outside US.
Honeywell’s 50% of the portfolio is linked to energy-efficiency and it employs over 1, 30, 000 employees. The current Honeywell is a merger between Allied signal and Honeywell Inc. Allied signal though being twice the size of Honeywell Inc. chose the name Honeywell because of its brand presence. David M. Cote is the current chairman and CEO of Honeywell International, Inc. and is responsible for steering its success since 2002.
Market Cap: $ 86.9 bn.
Revenue: $ 38.58 bn.
Net Income: $ 4.768 bn.
Total Assets: $ 49.31 bn.
7. Dow Chemical Company
Dow Chemical Company is a Multinational chemical company headquartered in Michigan.
Dow Chemical Company provides chemical, plastic and agricultural products and services to consumers. The range of businesses the Dow Chemical Company is into are Agricultural Sciences, Infrastructure Solutions, Consumer Solutions, Performance chemicals and materials, and performance plastics. Dow is the first company to have mined oceans for minerals. Dow has also been involved in many mergers and acquisitions including the merger of Union Carbide in 1999 which was then a second largest chemical company after DuPont. Dow Chemical Company is also the world’s largest chlorine producer and is also called “Chemical Company of Chemical companies” as it provides majority of its chemicals to other small chemical companies.
Dow believes in working closely with the customers and to deliver products and solutions with value and create competitive advantage while positively impacting the world. Dow Chemical Company has been successfully integration the power of science and technology and passionately innovating what is essential for human progress. Dow Chemical Company’s mission statement is to passionately create innovation for the stakeholders at the intersection of biology, chemistry, and physics. And its vision is to become the most valuable and respected science company in the world.
Market Cap: $ 59 bn.
Revenue: $ 48.778 bn.
Net Income: $ 7.685 bn.
Total Assets: $ 68.026 bn.
6. United Technologies Corporation
United Technologies Corporation (UTC) was founded in 1934 and is headquartered at in Farmington, CT.
Image: company website
It has a diversified portfolio of products in Refrigeration systems to engine components and surveillance and reconnaissance systems. United Technologies Corporation (UTC) provides services to the customers in the commercial aerospace, building and defense industries. Its key businesses include OTIS, UTC Climate, Controls & Security, Pratt & Whitney, and UTC Aerospace Systems. Some major brands of United Technologies Corporation (UTC) are Carrier Air conditioners, Chubb, Kidde, International Aero Engines, Engine Alliance, Goodrich, Autronica, Delta Security Solutions, Edwards, Fireeye, Noresco, Onity and Sensitech. Gregory J. Hayes is the president and Chief Executive Officer of United Technologies Corporation (UTC).
United Technologies Corporation (UTC) is a company that is nurtured by the idea of Research and Development and believes in innovating. Also employees are committed towards the company’s ideology of innovation and employees are trained and inspired to create opportunities constantly and without limits. United Technologies Corporation (UTC) has been ranked high by many and it believes that its success depends on a system of core values that they have imbibed in their culture.
The core values of United Technologies Corporation (UTC) are Innovation. Performance, Opportunity, Responsibility and Results. It is these values that define who UTC is and how they work and their priorities.
Market Cap: $ 88.4 bn.
Revenue: $ 56.098 bn.
Net Income: $ 7.608 bn.
Total Assets: $ 87.484 bn.
5. The Walt Disney Company
The Walt Disney Company, popularly known as Disney, along with its subsidiaries and affiliates is the second largest media conglomerate in terms of revenue.
Founded in October 1923, it operated under the names ‘The Walt Disney Studio’ and ‘Walt Disney Productions’ before taking its current name. It has a well-diversified portfolio of businesses consisting of media networks, parks and resorts, consumer products and interactive media, and studio entertainment. Studio entertainment, which includes animation, music and theatrical groups along with Marvel, is the strong foundation on which the company was built. Media Networks is functional in broadcast, radio, cable, publishing and digital businesses across Disney Television and ESPN Inc. divisions.
Parks and resorts is operational in family travel and leisure experiences globally, Disneyland across geography being a star performer of this business. Consumer Products and Interactive Media innovatively brings the products to life by the virtue of physical products and leveraging various digital channels as well. The Walt Disney Company is global in true sense having operations in more than 40 countries. Various important operating geographies include Asia-Pacific, Europe, Middle-East, Africa and Latin America. The Walt Disney Company’s strong focus on values like creativity and innovation and optimal use of technology have been key growth drivers over the years.
Market Cap: $ 169.3 bn.
Revenue: $ 52.46 bn.
Net Income: $ 8.38 bn.
Total Assets: $ 88.18 bn.
Comcast, an American media company came into existence in 1969.
The word Comcast came from words communication and broadcasting, and it is the largest broadcasting and cable television Company by revenue. Headquarters of the company are located in Philadelphia, Pennsylvania. It provides services to US residential and commercial customers in 40 states and in District of Columbia. Comcast also produces feature films. Comcast operates multiple cable-only channels, over-the-air national broadcast network channels and film production studio in Los Angeles and Orlando. The first universal park of Comcast was opened in Japan in 2001 and was opened in Singapore in 2011 (Universal Singapore). In January 1999, it started its first venture capital fund named Comcast Interactive Capital.
Major acquisitions and assets by Comcast are AT&T Broadband, Patriot Media, Universal Parks & Resorts, Universal Studios Hollywood, NBC Universal, and Movies 24. Also it has joint ventures with NHL (National Hockey League), TV one, Sports Net New York, Hulu, Comcast Spectator operating and entertainment venue. It is present in various fields such as Technology, Internet, TV, Internet Essentials, Communications, Mobile, Customer Experience, Advertising, and Recreation centers (Parks & Resorts). Comcast being a Media Conglomerate has the ability, creativity, experience and leadership to shape the future of media and Technology. Recently Comcast also bought DreamWorks animations and its major IPs including Madagascar, How to train your dragon, Kung Fu panda, and Shrek. It also has an exclusive variety network for its cablevision subscribers.
Market Cap: $ 148.2 bn.
Revenue: $ 74.51 bn.
Net Income: $ 8.16 bn.
Total Assets: $ 166.57 bn.
3. Johnson & Johnson
Johnson & Johnson is an American Multinational Pharmaceutical, medical equipment, and consumer packaged goods manufacturer with its head office in New Jersey.
Some well-known brands of Johnson & Johnson includes the Band-aid Brand line of Bandages, Johnson’s Baby Products, Tylenol medications, Neutrogena beauty and skin products, Clean & Clear Face wash, and Acuvue contact lenses. Johnson & Johnson operates more than 250 companies under these three broad divisions: Pharmaceutical, medical devices, and consumer packaged goods. Consumer Healthcare includes Baby care, Wound care and Topicals, over the counter Medicines, Skin & Hair Care, Oral Health Care, and Nutritionals. Some companies in Medical Devices include Animas Corporation, Biosense webster, DePuy Synthes Companies of J&J, Janssen Diagnostics, Lifescan Inc., and Ethicon Inc. Pharmaceuticals include Janssen, Janssen R&D L.L.C, Janssen Healthcare Innovation, Janssen Pharmaceuticals Inc, Janssen Therapeutics, Janssen Diagnostics, Crucell and Janssen Scientific Affairs.
Johnson & Johnson is a highly diversified company with some of its subsidiaries being BabyCenter L.L.C, GyneCare, OraPharma, Noramco Inc., Penaten, Tibotec, Vistakon etc. Johnson & Johnson focuses on long term management and operate under decentralized approach of management which has helped it to be a leading player in the health care and consumer goods industries. Johnson and Johnson is also known for its Medical Devices and the major sectors in which it is active are Aesthetics, Cardiovascular Disease, Neurovascular Disease, Bariatric Surgery, Diabetes Care, Vision Care, Insulin Delivery Devices, Hernia Surgery, and Urological Surgery.
Alex Gorsky is the current chairman of Johnson & Johnson.
Market Cap: $ 312.6 bn.
Revenue: $ 70.07 bn.
Net Income: $ 15.4 bn.
Total Assets: $ 133.41 bn.
2. Alphabet Inc
Larry Page as CEO and Sergey Brin as President Alphabet is a Parent Holding company for Google.
Image: company website
Alphabet is a collection of companies, with google being the largest and also includes far afield companies. Alphabet was formed mainly to run things that are not related independently, and Alphabet also includes X lab which helps in incubating efforts like Wing a drone delivery effort. Alphabet also plans to improve its ventures and capital as part of its new structure. Alphabet Inc. replaced Google as a publicly traded entity and all shares of google got converted into some shares of Alphabet. Alphabet got its name as it means collection of letters that represent a language, humanity’s most important innovation and they relate Google Search with the language. Also Alpha-bet gives the meaning “investment return above benchmark.”
Alphabet portfolio includes many industries such as Life Sciences, Technology, Investment Capital and Research. Google, Google-X (Now renamed as X), Google Life Sciences (Now renamed as Verily), Google Fiber, Jigsaw, Google Capital, Nest, Calico, GV are some of the reputed companies under this parent organization Alphabet. The tickr symbol of Alphabet are “GOOG” and “GOOGL”.
Inception of Alphabet is also a stride towards making Internet cleaner and more accountable.
Market Cap: $ 500.1 bn.
Revenue: $ 74.98 bn.
Net Income: $ 16.34 bn.
Total Assets: $ 147.46 bn.
1. Berkshire Hathaway
Headquartered in Omaha, Nebraska, Berkshire Hathaway is an American Multi-National Conglomerate holding company.
Image: company website
The wide range of businesses and Industries that Hathaway is in include Confectionaries, Rail-Road, retail, Jewelry sales, Newspaper Publishing, Electric and Gas Utilities, Encyclopedias, Manufacturers of Vacuum Cleaners etc. Berkshire Hathaway is a company run by the leadership of Warren Buffet who is the Chairman and Charlie Munger, the company’s Vice-Chairman. Some reputed subsidiaries of Berkshire Hathaway are Berkshire Hathaway Assurance, Berkshire Hathaway Automotive, The Buffalo News, BNSF Railway (2nd Largest Freight line of USA), Berkshire Hathaway Energy, Duracell, Lubrizol, Dairy Queen, Fruit of the Loom, BNSF, GEICO(Auto-Insurance), RC Willey Home Furnishings (Furnishings), Helzberg Diamonds, MiTek, Oriental Trading Company, Richline Group, Flight Safety International, and Net Jets (Business Jet rentals). Berkshire Hathaway also holds minority interests in The Coca-Cola Company, American Express, Johnson & Johnson, Liberty Global, Mastercard, Mondelez International, Visa Inc, Wal-Mart Stores Inc, IBM, Apple and Restaurant Brands International. It also holds an undisclosed amount of shares in Mars International.
Berkshire Hathaway is a company that almost never pays dividends to its shareholders. Its rationale is simple, “If you are an investor, would you have dividend to spend or invest at your peril?” Berkshire Hathaway is a company that looks for value and if it fits their criteria, it buys the entire company. After many years of applying this strategy, the result is the Top Conglomerate in US and in World.
Market Cap: $ 360.1 bn.
Revenue: $ 210.82 bn.
Net Income: $ 24.08 bn.
Total Assets: $ 552.25 bn.
Step 1: 80 Conglomerates in US were selected
Step 2: Top 30 companies among these were shortlisted based on their Fortune Rankings
Step 3: 4 parameters Revenues, Profits, Net Income and total assets were noted down for the selected companies and Rankings pertaining to each parameter were given to the 30 companies
Step 4: A composite Rank for each company was decided by assigning 35% weightage for the Market Cap Ranking, 15% weightage for Revenue Ranking, 20% weightage for Net Income Ranking and 30% weightage for the Total Assets Ranking.
Step 5: Based on the composite rank we could arrive at the Top 10 Conglomerates of US