Analysis of Central Public Sector

Enterprises

NAME PRN
GOURAV MOHITE 22020841120
JAYANTO KUNDU 22020841110
DIGVIJAYSINGH PATIL 22020841104
RAHUL SIRCAR 22020841127
 Analysis of CPSE’s

Table of Contents

1. Project Completion Details................................................................................3

1.1. Abstract.......................................................................................................3
1.2. Importance of CPSE’s ...............................................................................3
1.3. Objectives....................................................................................................3
1.4. Methodology................................................................................................4
2. Classification of CPSE’s.................................................................................5
2.1 Revenue-wise classification of CPSEs and analysis...................................7
2.2. Schedule-wise Classification and analysis................................................8
2.3. Industry-wise Classification and analysis.................................................8
3. Analysis of CPSEs as a whole....................................................................9
3.1. Linear Forecasting and Trend analysis………......................................15
3.2. Revenue Projection and Justification......................................................16
3.3. Conclusion………………………………………………………………18

Page of
 Analysis of CPSE’s

1.Project Completion Details

1.1 Abstract
This project report provides an overview of Central Public Sector
Enterprises (CPSEs) in India. The report begins with a brief history of CPSEs and
their evolution in the Indian economy. It then goes on to analyse the current state
of CPSEs, including their performance, financial status, and role in the Indian
economy. The report also examines the challenges faced by CPSEs, such as
competition from private sector firms and the need for modernization and
technological advancement. Furthermore, the report analyses the government's
policies and initiatives aimed at supporting and reviving CPSEs. The report
concludes by highlighting the importance of CPSEs in the Indian economy and the
need for continued support and reform to ensure their sustainability and success in
the future.
Central Public Sector Enterprises (CPSEs) are government-owned companies in
India that operate in various industries such as heavy engineering, energy,
telecommunications, and transportation. These enterprises play a crucial role in the
country's economy and are an important source of employment, revenue, and
infrastructure development.
CPSEs are responsible for implementing the government's policies and programs
in their respective sectors. They also contribute to the country's exports and foreign
exchange earnings, and provide essential goods and services at reasonable prices to
the general public. Furthermore, they play a key role in the country's industrial
development and modernization, particularly in heavy industries such as steel,
cement, and power.
In addition, CPSEs also contribute to the country's social and economic
development through Corporate Social Responsibility (CSR) activities. They
undertake various initiatives to support education, healthcare, and other welfare
activities for the underprivileged section of the society

Page of
 Analysis of CPSE’s

1.2 Importance of CPSE’s

CPSEs are a vital part of India's economy and play a critical role in the country's
development and progress. They are the backbone of the country's infrastructure
and provide essential goods and services to the public. They also contribute to the
country's industrial development, exports, and social and economic development.
Central Public Sector Enterprises (CPSEs) are major contributors to India's
Gross Domestic Product (GDP). According to data from the Ministry of Heavy
Industries and Public Enterprises, the total revenue generated by CPSEs in the
financial year 2019-2020 was around Rs. 17.99 lakh crores, which represents a
significant portion of the country's GDP.

CPSEs also make a significant contribution to the country's exports and foreign
exchange earnings. In the financial year 2019-2020, the total exports from CPSEs
were around Rs. 1.89 lakh crores. This includes exports from heavy industries such
as steel, cement, and power, as well as from other sectors such as
telecommunications and transportation.

Furthermore, CPSEs also make a significant contribution to the country's

employment generation. As of March 2020, the total number of employees in
CPSEs was around 2.4 million. This includes direct and indirect employment, and
highlights the important role that CPSEs play in providing employment
opportunities in the country.
Additionally, CPSEs also contribute to the country's social and economic
development through Corporate Social Responsibility (CSR) activities. They
undertake various initiatives to support education, healthcare, and other welfare
activities for the underprivileged section of the society

Page of
 Analysis of CPSE’s

1.3 Objectives.

1.4 Methodology.

Page of
 Analysis of CPSE’s

2. Classification of CPSE’s

2.1. Revenue wise Classification and analysis.

Maharatnas - These are CPSEs that have been identified as "Maharatna"
by the Government of India. They are considered to be the "jewels" of
the Indian public sector and are given even greater autonomy and
financial flexibility to operate. They also have a minimum net worth of
Rs. 5,000 crore and an average annual turnover of Rs. 15,000 crore for
the last three years.

Net Turnover
Maharatna CPSEs 2021-22

1 Bharat Heavy Electricals Limited 2121109

2 Bharat Petroleum Corporation Limited 43340648
3 Coal India Limited 113192
4 GAIL India Limited 9164572
5 Hindustan Petroleum Corporation Limited 37389674
6 Indian Oil Corporation Limited 72845994
7 NTPC Limited 11613733
8 Oil & Natural Gas Corporation Limited, 11034540
9 Power Finance Corporation 3854540
10 Power Grid Corporation of India Limited 3992809
11 Rural Electrification Corporation Limited
12 Steel Authority of India Limited 10347332

Navaratnas - These are CPSEs that have been identified as "Navratna"

by the Government of India. They are considered to be the most
profitable and professionally managed CPSEs and are given greater
autonomy and financial flexibility to operate. They also have a minimum
Page of
 Analysis of CPSE’s

net worth of Rs. 1,000 crore and an average annual turnover of Rs. 5,000
crore for the last three years.

Net Turnover
Navratna CPSEs 2021-22
1 Bharat Electronics Limited 1531376
2 Container Corporation of India Limited 759445
3 Engineers India Limited 287040
4 Hindustan Aeronautics Limited 2462021
5 Mahanagar Telephone Nigam Limited 106972
6 National Aluminium Company Limited 1418081
7 National Buildings Construction Corporation Limited
8 Neyveli Lignite Corporation Limited
9 NMDC Limited 2588173
10 Oil India Limited 1453018
11 Rashtriya Ispat Nigam Limited 2835935
12 Shipping Corporation of India Limited 499455

Miniratnas - These are CPSEs that have been identified as "Miniratna" by the
Government of India. They are considered to be professionally managed CPSEs
and are given some autonomy and financial flexibility to operate. They also have a
minimum net worth of Rs. 500 crore and an average annual turnover of Rs. 1,000
crore for the last three years.

Page of
Analysis of CPSE’s

Page of
 Analysis of CPSE’s

Net Turnover
Miniratna I CPSEs 2021-22
1. Airports Authority of India 633372
2. Antrix Corporation Limited 18165
3. Balmer Lawrie & Co. Limited 204245
4. Bharat Coking Coal Limited 1012786
5. Bharat Dynamics Limited 281740
6. BEML Limited 433749
7. Bharat Sanchar Nigam Limited 1680922
8. Braithwaite & Company Limited 76414
9. Bridge & Roof Company (India) Limited 319517
10. Central Warehousing Corporation 213056
11. Central Coalfields Limited 1348642
12. Central Mine Planning & Design Institute Limited 120843
13. Chennai Petroleum Corporation Limited 6047429
14. Cochin Shipyard Limited 319001
15. Cotton Corporation of India Ltd. 2356524
16. EdCIL (India) Limited 42800
17. Garden Reach Shipbuilders & Engineers Limited 175752
18. Goa Shipyard Limited 74035
19. Hindustan Copper Limited 182193
20. Hindustan Steelworks Construction Limited 52894
21. HLL Lifecare Limited 3566867
22. Hindustan Paper Corporation Limited
23. Housing & Urban Development Corporation Limited 695408
24. HSCC (India) Limited 136065
25. India Tourism Development Corporation Limited 28482
26. Indian Rare Earths Limited
27. Indian Railway Catering & Tourism Corporation Limited 187948
28. Indian Railway Finance Corporation Limited 2029827
29. Indian Renewable Energy Development Agency Limited 285990
30. India Trade Promotion Organization 3054
31. IRCON International Limited 17084
32. KIOCL Limited 300645
33. Mazagaon Dock Shipbuilders Limited 573328
34. Mahanadi Coalfields Limited 2181219
35. MOIL Limited 143630
36. Mangalore Refinery & Petrochemical Limited 8606368
37. Mineral Exploration Corporation Limited 22192
38. Mishra Dhatu Nigam Limited 85949
39. MMTC Limited 839329
40. MSTC Limited 47064

Page of
 Analysis of CPSE’s

Net
Miniratna I CPSEs Turnover
2021-22
40. MSTC Limited 47064
41. National Fertilizers Limited 1585709
42. National Projects Construction Corporation Limited 143210
43. National Small Industries Corporation Limited 262251
44. National Seeds Corporation 88580
45. NHPC Limited 835380
46. Northern Coalfields Limited 1898604
47. North Eastern Electric Power Corporation Limited 320684
48. Numaligarh Refinery Limited 2354701
49. ONGC Videsh Limited 1779820
50. Pawan Hans Helicopters Limited 38513
51. Projects & Development India Limited 9886
52. Railtel Corporation of India Limited 152154
53. Rail Vikas Nigam Limited 1938171
54. Rashtriya Chemicals & Fertilizers Limited 1281217
55. RITES Limited 257516
56. SJVN Limited 242196
57. Security Printing and Minting Corporation of India Limited 408663
58. South Eastern Coalfields Limited 2047635
59. Telecommunications Consultants India Limited 158119
60. THDC India Limited 192149
61. Western Coalfields Limited 1379163
62. WAPCOS Limited 137373

Net
Miniratna II CPSEs Turnover
2021-22
1. Artificial Limbs Manufacturing Corporation of India 32743
2. Bharat Pumps & Compressors Limited
3. Broadcast Engineering Consultants India Limited 74434
4. Central Railside Warehouse Company Limited 12676
5. Engineering Projects (India) Limited 73617
6. FCI Aravali Gypsum & Minerals India Limited 4144
7. Ferro Scrap Nigam Limited 40554
8. HMT (International) Limited 1091
9. Indian Medicines & Pharmaceuticals Corporation Limited 26084
10. MECON Limited 60275
11. National Film Development Corporation Limited 6887
12. Rajasthan Electronics & Instruments Limited 16491

Page of
 Analysis of CPSE’s

2.2.Schedule wise Classification and analysis.

Schedule A: CPSEs operating in the atomic energy sector. This includes

companies involved in the production and distribution of atomic energy, as
well as the research and development of nuclear technology.

Schedule B: CPSEs operating in the railway sector. This includes companies

involved in the construction and maintenance of railway infrastructure, as
well as the production and supply of railway equipment.

Schedule C: CPSEs operating in the defense production sector. This includes

companies involved in the production and supply of defense equipment and
weapons systems, as well as research and development related to defense
technology.

Schedule D: CPSEs operating in the telecommunications sector. This includes

companies involved in the production and supply of telecommunications
equipment and services, as well as research and development related to
telecommunications technology.

Schedule E: CPSEs operating in the power sector. This includes companies

involved in the production and distribution of electricity, as well as the
construction and maintenance of power plants and transmission
infrastructure.

Schedule F: CPSEs operating in the oil and natural gas sector. This includes
companies involved in the exploration, production, and distribution of oil and
natural gas, as well as the construction and maintenance of related
infrastructure.

Schedule G: CPSEs operating in other miscellaneous sectors, such as mining,

cement, fertilizers, etc. This includes companies involved in a wide range of
industries that do not fit into any of the other schedules.

Page of
 Analysis of CPSE’s

2.3. Industry wise Classification and analysis.

Page of
 Analysis of CPSE’s

Heavy Engineering and Metal Products

Power Generation and Distribution

Oil and Gas Exploration and Refining

Mining and Minerals

Telecommunications

Aviation

Defense Production

Pharmaceuticals

Fertilizers

Chemicals

Shipping and Transport

Railways

Agriculture and Food Processing

Electronics and Information Technology

Space and Atomic Energy

Infrastructure Development.

Page of
 Analysis of CPSE’s

3.Analysis of CPSE’s as a whole.

Central Public Sector Enterprises (CPSEs) are major contributors to India's Gross
Domestic Product (GDP). According to data from the Ministry of Heavy Industries
and Public Enterprises, the total revenue generated by CPSEs in the financial year
2019-2020 was around Rs. 17.99 lakh crores, which represents a significant
portion of the country's GDP.

CPSEs also make a significant contribution to the country's exports and foreign
exchange earnings. In the financial year 2019-2020, the total exports from CPSEs
were around Rs. 1.89 lakh crores.

CPSEs also make a significant contribution to the country's employment

generation. As of March 2020, the total number of employees in CPSEs was
around 2.4 million. This includes direct and indirect employment

As per the data financial year 2013-2014, the total revenue generated by CPSEs
was around Rs. 10.2 lakh crores, which represented a significant portion of the
country's GDP. Over the next few years, the total revenue generated by CPSEs
increased, with the highest revenue generated in the financial year 2017-2018 at
around Rs. 19.4 lakh crores. However, in the financial year 2018-2019 and 2019-
2020, the total revenue generated by CPSEs decreased to around Rs. 17.8 lakh
crores and Rs. 17.99 lakh crores respectively.

It is important to note that this decrease in revenue is due to a variety of factors

such as global economic slowdown, domestic economic challenges, and the impact
of the COVID-19 pandemic. Despite this, CPSEs continued to make a significant
contribution to the country's GDP over the last 9 years. In terms of revenue, CPSEs
have generally seen an increase over the last 10 years. For example, the total
revenue of CPSEs increased from around Rs. 8 lakh crores in 2010-2011 to around
Rs. 17.99 lakh crores in 2019-2020. However, there has been some fluctuation in
revenue in recent years, with a decrease in revenue in the financial year 2018-2019
and 2019-2020 due to various factors such as global economic slowdown and the
impact of the COVID-19 pandemic.

Page of
 Analysis of CPSE’s

CPSEs have also faced various financial challenges such as increasing competition
from private sector players, fuel supply constraints, and low plant load factors.
Despite these challenges, many CPSEs have been working towards improving their
financial performance by implementing cost-cutting measures, increasing
efficiency, and diversifying their business operations

3.1 Linear Forecasting and Trend Analysis.

Linear Forecasting –
Linear forecasting is a method of using historical data to predict future
outcomes. It is based on the assumption that the relationship between the
independent variable (x) and the dependent variable (y) is linear, meaning it can
be represented by a straight line. Linear forecasting is often used in time series
analysis, where historical data is collected and analyzed over a period of time.

Trend Analysis –
Trend analysis, on the other hand, is the study of patterns in data over time. It is
used to identify trends and patterns in data, such as changes in mean values or
patterns of fluctuations. The goal of trend analysis is to understand how the data
behaves over time and to make predictions about future behaviour based on that
understanding. Linear forecasting is one method of trend analysis, but there are
also other methods such as moving averages, exponential smoothing, and time
series decomposition.

We have used FORECAST.LINEAR to predict the revenue for 2023.

Equation for linear regression:

Page of
 Analysis of CPSE’s

3.2 Revenue projection and justification.

3.3 Conclusion

Page of