Press Release

India’s Top Value Creators Recognised at the Dun & Bradstreet’s India’s Top 500 Value Creators Summit 2023

Dun & Bradstreet, a leading global provider of business decisioning data and analytics, recognized and felicitated India’s top value creators on November 29, 2023 at the ‘Dun & Bradstreet’s India’s Top 500 Value Creators Summit’ (List of award winners below). India’s top corporates were recognized by Dun & Bradstreet for working towards business productivity, business resiliency and business sustainability by delivering value for shareholders, stakeholders and society.

To select the Top 500 Value Creators, Dun & Bradstreet considered the universe of companies which are listed on BSE and NSE, for the preceding five-year period, i.e., companies that were listed as on 31st March 2019 and are still being actively traded. These companies were measured against more than 25 parameters, which assessed both market value and intrinsic value of the company.

Key insights about India’s Top 500 Value Creators:

  • The Top 500 Value Creators represent 52 distinct sectors.
  • In the last five years (FY19-FY23), these value creators have created total shareholder’s return (TSR) of Rs. 107 trillion, generating an average TSR about 227%, as compared to NSE 50 Benchmark return of 64.5% over the same period.
  • In the same period, the aggregate Total revenue of these Top 500 companies has grown at 59% and net profit has increased by more than 100%.
  • The market value of these 500 companies stands at Rs. 208 trillion as of March 2023, representing about 80% of the aggregate market capitalization of BSE.
  • These companies contribute to nearly 60% of India’s corporate tax revenues.

Speaking at the summit, Neeraj Sahai, President, Dun & Bradstreet International said, “According to Dun & Bradstreet’s analysis, MSMEs in India display ~130% more volatility in cashflows and even large companies, for example, those with a revenue of more than ₹250 crores, are 24% more volatile than the Top 500 Value Creators. As the world’s leading provider of business decisioning data and analytics, Dun & Bradstreet has helped many companies increase productivity, build resilience, and adopt sustainable practices, providing the global data and local expertise to help our clients make smarter business decisions. I am proud to say that nearly 90% of the Fortune 500 companies rely on Dun & Bradstreet as an essential and trusted partner. We are here to support India’s Top 500 Value Creators as they move forward to lead the country towards Amrit Kaal’s vision at the 100th Year of independence.”

Speaking at the summit, Avinash Gupta, Managing Director & CEO – India, Dun & Bradstreet said, “Bottom-lines are no longer the only yardstick to measure business success and performance. Today, businesses need to transcend beyond numbers and become more resilient, sustainable and avoid value destruction. The focus has shifted from value extraction to value creation. The need to build sustainable businesses has intensified, with a higher stress on optimizing efficiency, accelerating green transition, and delivering greater value to all stakeholders.”

Speaking about what made the Value Creators stand out, Gupta added, “The Top 500 Value Creators have outperformed peers on all the parameters of value creation, namely business productivity, business resiliency, and sustainability. They have done this through efficient business processes that build productivity, building sustainable practices, and building resilience by creating value for all stakeholders.”

Dun & Bradstreet also launched the publication ‘India’s Top 500 Value Creators. The publication covers an overview of the Top 500 Value Creators, Dun & Bradstreet insights, and thematic writeup on the significance of value creators, along with interviews, success stories and case studies.

Award Winners List:

Sr. No.CategoryWinners
1Agro ChemicalsPI Industries Limited
2Alcoholic BeveragesGlobus Spirits Limited
3Auto ComponentsTube Investments of India Limited
4Automobile – Two/Three WheelersTVS Motor Company Limited
5AutomobilesMahindra & Mahindra Limited
6BanksICICI Bank Limited
7BearingsSchaeffler India Limited
8CementUltraTech Cement Limited
9ChemicalsSRF Limited
10Construction – Infrastructure DevelopmentHG Infra Engineering Limited
11Consumer Durables & AppliancesDixon Technologies (India) Limited
12DefenceHindustan Aeronautics Limited
13Electrical & ElectronicsKEI Industries Limited
14Engineering Projects/ Capital GoodsSiemens Limited
15FertilisersCoromandel International Limited
16FIs / NBFCs / Financial ServicesBajaj Finance Limited
17FMCGHindustan Unilever Limited
18Food and BeveragesVarun Beverages Limited
19FootwearRelaxo Footwears Limited
20Gas – Processing, Transmission & MarketingGujarat Gas Limited
21Gems & JewelleryTitan Company Limited
22Glass and CeramicsCera Sanitaryware Limited
23HealthcareApollo Hospitals Enterprise Limited
24InsuranceSBI Life Insurance Company Limited
25Iron & SteelJindal Stainless Limited
26Metal ProductsAPL Apollo Tubes Limited
27Oil – Refining & MarketingReliance Industries Limited
28Oil & Gas ExplorationOil India Limited
29Packaging & Allied ActivitiesMold-Tek Packaging Limited
30PaintsAsian Paints Limited
31Paper & Paper ProductsJK Paper Limited
32Petrochemical and PolymersSupreme Petrochem Limited
33PharmaceuticalsDr. Reddy’s Laboratories Limited
34Plastic & Plastic ProductsAstral Limited
35PowerAdani Power Limited
36Power EquipmentABB India Limited
37Real EstateDLF Limited
38RetailTrent Limited
39ShippingThe Great Eastern Shipping Company Limited
40Software and BPMTata Elxsi Limited
41Telecom ServicesBharti Airtel Limited
42TextilesPDS Limited
43Tobacco ProductsITC Limited
44Trading & DistributionAdani Enterprises Limited
45Transport & LogisticsBlue Dart Express Limited
46TyresBalkrishna Industries Limited
47Wood and Wood ProductsStylam Industries Limited

 

 

About Dun & Bradstreet:

Dun & Bradstreet, a leading global provider of business decisioning data and analytics, enables companies around the world to improve their business performance. Dun & Bradstreet’s Data Cloud fuels solutions and delivers insights that empower customers to accelerate revenue, lower cost, mitigate risk and transform their businesses. Since 1841, companies of every size have relied on Dun & Bradstreet to help them manage risk and reveal opportunity. For more information on Dun & Bradstreet, please visit www.dnb.com.

Dun & Bradstreet Information Services India Pvt. Ltd. is headquartered in Mumbai and provides clients with data-driven products and technology-driven platforms to help them take faster and more accurate decisions across finance, risk, compliance, information technology and marketing. Working towards Government of India’s vision of creating an Atmanirbhar Bharat (Self-Reliant India) by supporting the Make in India initiative, Dun & Bradstreet India has a special focus on helping entrepreneurs enhance their visibility, increase their credibility, expand access to global markets, and identify potential customers & suppliers, while managing risk and opportunity.

India is also the home to Dun & Bradstreet Technology & Corporate Services LLP, which is the Global Capabilities Center (GCC) of Dun & Bradstreet supporting global technology delivery using cutting-edge technology. Located at Hyderabad, the GCC has a highly skilled workforce of over 500 employees, and focuses on enhanced productivity, economies of scale, consistent delivery processes and lower operating expenses.