115
BW
SPECIAL
HIGHEST DEBT TO EQUITY RATIO
HIGHEST DEBT Rank 2014
BW Real 500 rank
1
1
1
Reliance Industries
160,863
2
5
6
NTPC
3
3
15
Power Grid Corp. of India
4
4
9
5
10
14
6
7
8
Rank
Company Name
Tax paid (Rs cr)
RANKINGS
Tax as % of PAT
Rank
Rank 2014
BW Real 500 rank
NR
NR
Company
Debtequity ratio
Total debt (Rs cr)
Net worth (Rs cr)
70.07
113
-25
0.74
1
103,646
1.26
2
40
51.76
738
14
101,056
2.63
3
NR
NR
Thiru’puram Road Dev. Co.
47.73
209
4
Larsen & Toubro
93,604
2.31
4
NR
NR
Jayshree Chemicals
26.01
141
5
Adani Enterprises
83,549
3.25
5
NR
NR
Digjam
Tata Steel
80,701
2.49
6
NR
Thanjavur Spinning Mill
484 Rajshree Sugars & Chemicals
277 Paranjape Schemes (Cons.)
25.21
52
-3
22.90
1,555
68
7
8
11
Vedanta*
77,752
1.45
7
15
59 Hindustan Construction Co.
22.71
11,899
524
8
12
4
Tata Motors
73,610
1.31
8
13
NR
20.18
919
46
9
6
10
Bharti Airtel
73,166
1.18
9
42
52 GVK Power & Infra
12.90
25,013
1,939
10
11
12
Hindalco Industries
68,468
1.79
10
NR
NR
Raja Bahadur Internat.
12.87
28
2
11
2
2
Indian Oil Corp.
64,893
0.94
11
48
NR
Venlon Enterprises
12.74
109
9
Emami Infrastructure
12
13
3
Oil & Natural Gas Corp.
53,944
0.30
12
30
165 Mukand
12.09
2,615
211
13
15
32
GMR Infrastructure
47,738
7.42
13
69
NR
Kamat Hotels (India)
11.96
669
55
14
19
26
Jindal Steel & Power
45,501
2.16
14
28
NR
Asahi Industries
11.60
134
12
15
16
22
Tata Power Company
40,842
2.62
15
NR
195 GTL Infrastructure
11.10
4,955
446
16
20
35
Bhushan Steel
39,079
4.96
16
37
NR
10.49
259
4
17
22
19
JSW Steel
37,990
1.65
17
41
462
18
21
17
Mahindra & Mahindra
37,911
1.47
18
68
253 Garden Silk Mills
19
14
7
Hindustan Petroleum Corp.
36,916
2.74
19
61
20
25
18
Steel Authority of India
30,573
0.69
20
50
113
Patspin India Upper Ganges Sugar & Ind.
Electrosteel Steels
382 Trend Electronics
10.43
584
26
10.23
1,172
115
9.37
10,235
1,093
9.24
766
-17
21
30
27
Idea Cellular
26,859
1.17
21
29
NR
KM Sugar Mills
8.42
146
17
22
31
24
Aditya Birla Nuvo
25,985
2.02
22
NR
325
Siti Cable Network
7.86
1,395
177
23
23
5
Bharat Petroleum Corp.
25,492
1.13
23
63
215
India Glycols
7.69
2,264
295
250 Surana Industries
24
27
52
GVK Power & Infrastructure
25,013
12.90
24
NR
25
28
34
DLF
24,495
0.84
25
66
26
33
48
IL&FS Transport. Networks
23,513
4.11
26
47
27
32
44
Tube Investments Of India
20,895
7.39
27
35
28
29
33
NHPC
20,584
0.67
28
NR
29
34
20
GAIL (India)
18,291
0.54
29
NR
30
NR
42
Alok Industries
18,009
5.00
30
NR
31
36
63
KSK Energy Ventures
17,895
5.86
31
NR
NR
32
NR
41
Amtek Auto
17,663
2.42
32
5
492
32
GMR Infrastructure
188 IL&FS Engg & Cons. Co.
7.63
2,959
388
7.42
47,738
4,317
7.39
1,988
132
7.39
20,895
2,328
7.31
3,211
439
83 Punj Lloyd
7.26
7,141
964
NR
Khaitan Electricals
7.08
316
45
Soma Textiles & Industries
6.52
174
17
Hypercity Retail India
6.41
342
-523
44 Tube Investments of India 227
Orchid Chemicals & Pharma
33
41
47
CESC
14,202
2.75
33
NR
6.01
624
73
34
37
69
Aban Offshore
14,060
2.47
34
70
63
KSK Energy Ventures
5.86
17,895
3,018
35
44
43
IRB Infra Developers
12,577
2.88
35
NR
NR
Aplab
5.76
73
13
* Vedanta was named Sesa Sterlite in the BW 500 ranking for 2014; NR: not ranked
478 Dwarikesh Sugar Industries
NOTE: Data is not available for companies like Jindal Stainless and Parabolic Drugs, which were present in Top 35 list of 2014 Source: Ace Equity
6 - 19 October 2015 | BW BUSINESSWORLD | 115
SPECIAL
HIGHEST DEBT TO EQUITY RATIO
HIGHEST DEBT Rank 2014
BW Real 500 rank
1
1
1
Reliance Industries
160,863
2
5
6
NTPC
3
3
15
Power Grid Corp. of India
4
4
9
5
10
14
6
7
8
Rank
Company Name
Tax paid (Rs cr)
RANKINGS
Tax as % of PAT
Rank
Rank 2014
BW Real 500 rank
NR
NR
Company
Debtequity ratio
Total debt (Rs cr)
Net worth (Rs cr)
70.07
113
-25
0.74
1
103,646
1.26
2
40
51.76
738
14
101,056
2.63
3
NR
NR
Thiru’puram Road Dev. Co.
47.73
209
4
Larsen & Toubro
93,604
2.31
4
NR
NR
Jayshree Chemicals
26.01
141
5
Adani Enterprises
83,549
3.25
5
NR
NR
Digjam
Tata Steel
80,701
2.49
6
NR
Thanjavur Spinning Mill
484 Rajshree Sugars & Chemicals
277 Paranjape Schemes (Cons.)
25.21
52
-3
22.90
1,555
68
7
8
11
Vedanta*
77,752
1.45
7
15
59 Hindustan Construction Co.
22.71
11,899
524
8
12
4
Tata Motors
73,610
1.31
8
13
NR
20.18
919
46
9
6
10
Bharti Airtel
73,166
1.18
9
42
52 GVK Power & Infra
12.90
25,013
1,939
10
11
12
Hindalco Industries
68,468
1.79
10
NR
NR
Raja Bahadur Internat.
12.87
28
2
11
2
2
Indian Oil Corp.
64,893
0.94
11
48
NR
Venlon Enterprises
12.74
109
9
Emami Infrastructure
12
13
3
Oil & Natural Gas Corp.
53,944
0.30
12
30
165 Mukand
12.09
2,615
211
13
15
32
GMR Infrastructure
47,738
7.42
13
69
NR
Kamat Hotels (India)
11.96
669
55
14
19
26
Jindal Steel & Power
45,501
2.16
14
28
NR
Asahi Industries
11.60
134
12
15
16
22
Tata Power Company
40,842
2.62
15
NR
195 GTL Infrastructure
11.10
4,955
446
16
20
35
Bhushan Steel
39,079
4.96
16
37
NR
10.49
259
4
17
22
19
JSW Steel
37,990
1.65
17
41
462
18
21
17
Mahindra & Mahindra
37,911
1.47
18
68
253 Garden Silk Mills
19
14
7
Hindustan Petroleum Corp.
36,916
2.74
19
61
20
25
18
Steel Authority of India
30,573
0.69
20
50
113
Patspin India Upper Ganges Sugar & Ind.
Electrosteel Steels
382 Trend Electronics
10.43
584
26
10.23
1,172
115
9.37
10,235
1,093
9.24
766
-17
21
30
27
Idea Cellular
26,859
1.17
21
29
NR
KM Sugar Mills
8.42
146
17
22
31
24
Aditya Birla Nuvo
25,985
2.02
22
NR
325
Siti Cable Network
7.86
1,395
177
23
23
5
Bharat Petroleum Corp.
25,492
1.13
23
63
215
India Glycols
7.69
2,264
295
250 Surana Industries
24
27
52
GVK Power & Infrastructure
25,013
12.90
24
NR
25
28
34
DLF
24,495
0.84
25
66
26
33
48
IL&FS Transport. Networks
23,513
4.11
26
47
27
32
44
Tube Investments Of India
20,895
7.39
27
35
28
29
33
NHPC
20,584
0.67
28
NR
29
34
20
GAIL (India)
18,291
0.54
29
NR
30
NR
42
Alok Industries
18,009
5.00
30
NR
31
36
63
KSK Energy Ventures
17,895
5.86
31
NR
NR
32
NR
41
Amtek Auto
17,663
2.42
32
5
492
32
GMR Infrastructure
188 IL&FS Engg & Cons. Co.
7.63
2,959
388
7.42
47,738
4,317
7.39
1,988
132
7.39
20,895
2,328
7.31
3,211
439
83 Punj Lloyd
7.26
7,141
964
NR
Khaitan Electricals
7.08
316
45
Soma Textiles & Industries
6.52
174
17
Hypercity Retail India
6.41
342
-523
44 Tube Investments of India 227
Orchid Chemicals & Pharma
33
41
47
CESC
14,202
2.75
33
NR
6.01
624
73
34
37
69
Aban Offshore
14,060
2.47
34
70
63
KSK Energy Ventures
5.86
17,895
3,018
35
44
43
IRB Infra Developers
12,577
2.88
35
NR
NR
Aplab
5.76
73
13
* Vedanta was named Sesa Sterlite in the BW 500 ranking for 2014; NR: not ranked
478 Dwarikesh Sugar Industries
NOTE: Data is not available for companies like Jindal Stainless and Parabolic Drugs, which were present in Top 35 list of 2014 Source: Ace Equity
6 - 19 October 2015 | BW BUSINESSWORLD | 115
