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The Public Sector Enterprises (PSEs) play a crucial role in India’s economy, contributing to employment, infrastructure development, and national growth. As per the latest Public Enterprises Survey 2023-24, India currently has 272 operating Central Public Sector Enterprises (CPSEs). These enterprises function under various ministries and departments, with some achieving significant profits while others face financial challenges.
As per the Public Enterprises (PE) Survey 2023-24, the number of operating Central Public Sector Enterprises (CPSEs) in the country was 272.
The number of profit making CPSEs and loss incurring CPSEs during 2023-24 are 212 and 58 respectively as per PE Survey 2023-24. The details of these profit making and loss incurring CPSEs during 2021-22 to 2023-24 are at Annexure I & II respectively.
CPSEs function under the administrative control of respective Ministries/Departments. Enterprises specific measure for their turnaround are taken by the respective Boards and Administrative Ministries/Departments having jurisdiction over the concerned CPSEs. These, inter alia, include business restructuring, formation of joint ventures, modernization and improved marketing Strategies etc. Government has also notified the New Public Sector Enterprise (“PSE”) Policy in February, 2021. The CPSEs are, therefore, to be dealt according to the provisions of the New PSE Policy.
Net Profit of Profit Making CPSEs (₹ in Lakhs) S. No. CPSE 2023- 24 2022- 23 2021- 22 1 National Seeds Corporation Ltd. 7,364 5,330 1,076 2 Bharat Coking Coal Ltd. 1,56,446 66,478 11,162 3 Central Coalfields Ltd. 3,65,853 3,39,330 1,69,692 4 Coal India Ltd. 15,76,683 14,80,231 11,20,157 5 Eastern Coalfields Ltd. 25,159 89,280 -1,06,066 6 Mahanadi Coalfields Ltd. 11,84,540 13,47,016 8,48,050 7 Northern Coalfields Ltd. 8,31,813 7,12,339 4,85,705 8 South Eastern Coalfields Ltd. 6,97,106 3,86,531 1,54,487 9 Western Coalfields Ltd. 3,24,543 1,61,525 94,241 10 Oil & Natural Gas Corporation Ltd. 40,52,597 40,09,650 40,30,574 11 Oil India Ltd. 5,30,474 6,81,040 3,88,731 12 ONGC Videsh Ltd. 1,79,606 3,06,202 1,49,391 13 Eastern Investment Ltd. 2 -358 -44 14 FCI Aravali Gypsum & Minerals (India) Ltd. 1,118 974 1,159 15 Hindustan Copper Ltd. 29,541 29,531 37,378 16 IREL (India) Ltd. 1,01,222 80,861 55,557 17 MOIL Ltd. 29,334 25,059 37,699 18 National Aluminium Company Ltd. 2,05,995 1,54,449 2,95,197 19 NMDC Ltd. 5,63,189 5,52,863 9,44,759 20 Orissa Mineral Development Company Ltd. 282 -1,654 -1,449 21 The Bisra Stone Lime Company Ltd. 229 1,174 781 22 Uranium Corporation of India Ltd. 23,863 6,571 57,672 23 Ferro Scrap Nigam Ltd. 6,492 3,838 4,036 24 Steel Authority of India Ltd. 2,73,311 1,90,307 12,01,504 25 Bharat Petroleum Corporation Ltd. 26,67,350 1,87,010 11,36,335 26 Chennai Petroleum Corporation Ltd. 2,71,125 3,53,381 1,34,242 27 Hindustan Petroleum Corporation Ltd. 14,69,383 -8,97,403 6,38,263 28 Indian Oil Corporation Ltd. 39,61,884 8,24,182 24,18,410 29 Mangalore Refinery & Petrochemicals Ltd. 3,59,593 2,63,839 2,95,527 30 Numaligarh Refinery Ltd. 2,16,011 3,70,279 3,56,156 31 Brahmaputra Valley Fertilizer Corporation Ltd. 871 2,438 -9,764
S. No. CPSE 2023- 24 2022- 23 2021- 22 32 Fertilizers & Chemicals (Travancore) Ltd. 14,617 61,283 34,637 33 Madras Fertilizers Ltd. 556 18,533 16,237 34 National Fertilizers Ltd. 6,474 45,610 10,820 35 Rashtriya Chemicals and Fertilizers Ltd. 22,774 96,715 70,436 36 Bengal Chemicals & Pharmaceuticals Ltd. 1,808 1,019 747 37 HIL (India) Ltd. 451 -6,870 221 38 Indian Medicines & Pharmaceutical Corporation Ltd. 1,281 2,081 3,376 39 Karnataka Antibiotics & Pharmaceuticals Ltd. 1,132 2,488 2,466 40 Balmer Lawrie & Co. Ltd. 20,347 15,386 12,281 41 Bharat Heavy Electricals Ltd. 25,989 62,428 41,024 42 Braithwaite & Co. Ltd. 1,647 4,973 4,242 43 Central Electronics Ltd. 5,887 1,749 2,378 44 Cochin Shipyard Ltd. 81,310 33,449 58,657 45 Electronics Corporation of India Ltd. 52,504 26,970 22,078 46 HMT Ltd. 2,442 706 3,836 47 Instrumentation Ltd. 701 486 2,226 48 Rajasthan Electronics and Instruments Ltd. 316 -1,006 -846 49 Richardson & Cruddas(1972) Ltd. 1,700 1,272 1,934 50 SAIL Refractory Company Ltd. 2,017 1,775 1,966 51 Udupi Cochin Shipyards Ltd. 111 -867 -1,294 52 Artificial Limbs Manufacturing Corporation of India 7,173 7,293 6,415 53 Cement Corporation of India Ltd. 9,506 9,529 4,020 54 Hindustan Salts Ltd. 952 821 152 55 HLL Lifecare Ltd. 26,200 3,977 40,438 56 Sambhar Salts Ltd. 1,683 1,130 1,085 57 Security Printing & Minting Corporation India Ltd. 91,104 1,77,925 67,001 58 India United Textile Mills Ltd. 1,012 974 842 59 Bhartiya Rail Bijlee Co. Ltd. 51,700 24,399 32,869 60 NHDC Ltd. 81,224 80,052 51,296 61 NHPC Ltd. 3,74,394 3,83,379 3,53,771 62 NLC India Ltd. 1,84,658 1,24,824 1,23,678 63 NLC Tamil Nadu Power Ltd. 12,916 27,865 21,128 64 North Eastern Electric Power Corporation Ltd. 54,812 39,690 21,229 65 NTPC Green Energy Limited 37,047 17,444 0 66 NTPC Ltd. 18,07,939 17,19,673 16,28,199
S. No. CPSE 2023- 24 2022- 23 2021- 22 67 Nuclear Power Corporation of India Ltd. 6,52,266 5,14,601 6,39,478 68 Ratnagiri Gas & Power Pvt. Ltd. 1,70,837 -17,960 -21,773 69 SJVN Green Energy Ltd. 213 -1,056 -39 70 SJVN Ltd. 90,840 1,36,345 97,752 71 THDC India Ltd. 59,908 67,309 89,478 72 Central Transmission Utility of India Ltd. 6,878 5,111 4,003 73 Grid Controller of India Ltd. 8,121 5,818 4,439 74 Powergrid Ajmer Phagi Transmission Ltd. 2,069 1,025 91 75 Powergrid Bhind Guna Transmission Ltd. 2,322 917 -7 76 Powergrid Bhuj Transmission Ltd 1,857 231 -3 77 Powergrid Bikaner Transmission System Limited 2,202 -30 -2 78 Powergrid Corporation of India Ltd. 15,47,461 15,33,554 17,09,376 79 Powergrid Energy Services Ltd. 807 -934 -7 80 Powergrid Fategarh Transmission Ltd 2,462 1,287 226 81 Powergrid Gomti Yamuna Transmission Limited 1,068 -77 0 82 Powergrid Himachal Transmission Ltd. 5,319 4,969 5,128 83 Powergrid Jawaharpur Firozabad Transmission Ltd. 2,668 1,897 1,712 84 Powergrid Khetri Transmission Ltd. 4,841 2,684 596 85 Powergrid Medinipur Jeerat Transmission Ltd. 21,300 22,365 19,162 86 Powergrid Meerut Simbhavali Transmission Ltd 2,862 -16 -2 87 Powergrid Mithilanchal Transmission Ltd. 3,986 4,110 3,809 88 Powergrid NM Tranmission Ltd. 5,463 22,239 751 89 Powergrid Ramgarh Transmission Ltd. 284 -1 -1 90 Powergrid Rampur Sambhal Transmission Ltd. 3,250 679 -6 91 Powergrid Southern Interconnector Transmission System Ltd. 12,893 12,990 -3,750 92 Powergrid Teleservices Ltd. 15,732 -7 -33 93 Powergrid Unchahar Transmission Ltd. 1,439 1,483 1,676 94 Powergrid Varanasi Transmission Ltd. 2,624 2,916 2,016 95 REC Power Development & Consultancy Ltd. 14,964 13,979 5,303 96 Antrix Corporation Ltd. 6,288 4,854 2,496 97 HMT (International) Ltd. 80 20 21 98 India Trade Promotion Organisation 17,914 23,222 -1,837 99 Karnataka Trade Promotion Organisation 899 0 131 100 MMTC Ltd. 6,821 1,07,607 -23,777
S. No. CPSE 2023- 24 2022- 23 2021- 22 101 MSTCLtd. 17,191 23,923 20,005 102 National Film Development Corporation Ltd. 1,091 501 -674 103 National Handloom Development Corporation Ltd. 547 521 -157 104 Newspace India Ltd. 59,913 45,998 34,299 105 North Eastern Handicrafts & Handloom Development Corporation Ltd. 86 -147 -2,833 106 North Eastern Regional Agriculture Marketing Corpn Ltd. 127 427 -463 107 NTPC Vidyut Vyapar Nigam Ltd. 16,094 17,589 15,026 108 Tamil Nadu Trade Promotion Organisation 2,619 2,912 367 109 The Cotton Corporation of India Ltd. 3,891 -5,554 1,329 110 The Jute Corporation of India Ltd. 6,184 1,001 -1,378 111 AAI Cargo Logistics & Allied Services Company Ltd. 11,903 8,755 10,521 112 AI Airport Services Ltd. 1,407 7,831 600 113 AI Engineering Services Ltd. 26,560 62,847 83,712 114 Airports Authority of India 4,65,131 2,97,205 876 115 BPCL-KIAL Fuel Farm Pvt. Ltd. 382 99 -385 116 Central Warehousing Corporation 45,968 36,958 45,056 117 Chandigarh International Airport Ltd. 10,587 8,869 3,569 118 Concor Air Ltd. 313 -110 -965 119 Container Corporation of India Ltd. 1,23,079 1,16,908 1,06,234 120 Fresh & Healthy Enterprises Ltd. 63 -257 -373 121 GAIL (India) Ltd. 8,83,648 5,30,151 10,36,397 122 GAIL Gas Ltd. 32,317 29,704 28,336 123 Punjab Logistic Infrastructure Ltd. 14 -91 -620 124 Shipping Corporation of India Ltd. 61,215 80,012 79,011 125 SIDCUL CONCOR Infra Company Ltd. 551 161 21 126 Agrinnovate India Ltd. 468 351 154 127 Braithwaite Burn & Jessop Construction Company Ltd. 2,063 886 315 128 Bridge & Roof Co.(India) Ltd. 7,492 4,090 2,128 129 Broadcast Engineering Consultants India Ltd. 1,385 406 1,109 130 Central Mine Planning & Design Institute Ltd. 50,323 29,666 28,212 131 Certification Engineers International Ltd. 1,244 982 811 132 Delhi Police Housing Corporation Ltd. 412 81 16 133 Edcil (India) Ltd. 10,194 6,595 5,042 134 Engineers India Ltd. 35,699 34,215 34,441
S. No. CPSE 2023- 24 2022- 23 2021- 22 135 Hindustan Steelworks Consturction Ltd. 2,616 2,315 2,777 136 HLL Infra Tech Services Ltd. 3,707 2,501 1,760 137 HSCC (India) Ltd. 3,956 2,267 2,518 138 HSRC Infra Services Ltd. 707 330 191 139 IIFCL Projects Ltd. 190 156 374 140 Ircon Akloki-Shirsad Expressway Ltd. 706 31 0 141 Ircon Bhoj Morbe Expressway Ltd. 1,091 0 0 142 Ircon Davanagere Haveri Highway Ltd. 2,388 2,637 587 143 Ircon Gurgaon Rewari Highway Services 414 367 -1 144 Ircon Haridwar Bypass Limited 271 77 0 145 Ircon Infrastructure & Services Ltd. 886 533 530 146 Ircon International Ltd. 86,290 77,683 54,432 147 Ircon Ludhiana Rupnagar Highway Ltd. 153 0 0 148 Ircon Vadodara Kim Expressway Ltd. 4,812 2,174 6,016 149 Karmyogi Bharat 607 197 0 150 Konkan Railway Corporation Ltd. 30,174 27,893 -14,087 151 MECON Ltd. 2,452 3,101 1,370 152 Mineral Exploration Corporation Ltd. 8,041 1,394 2,021 153 Mumbai Railway Vikas Corporation Ltd. 13,371 8,627 757 154 National Highways & Infrastructure Development Corporation Ltd. 18,166 22,470 11,330 155 National Land Monetization Corporation Limited 897 299 0 156 National Projects Construction Corporation Ltd. 4,764 4,524 3,963 157 National Small Industries Corporation Ltd. 12,656 11,048 10,823 158 NBCC (India) Ltd. 34,436 23,114 18,286 159 NBCC Services Ltd. 2,070 724 426 160 PFC Consulting Ltd. 15,866 6,381 3,686 161 Projects & Development India Ltd. 1,062 358 1,081 162 Rail Vikas Nigam Ltd. 1,46,295 1,26,797 1,08,735 163 Railway Energy Management Company Ltd. 8,122 5,904 4,532 164 RITES Ltd. 45,411 53,054 49,710 165 Shipping Corporation of India Land and Assets Limited 4,749 3,555 0 166 Solar Energy Corporation of India 43,603 31,565 24,032 167 WAPCOS Ltd. 5,930 -2,680 3,966 168 India Tourism Development Corporation Ltd. 7,187 5,628 438
S. No. CPSE 2023- 24 2022- 23 2021- 22 169 Indian Railway Catering and Tourism Corporation Ltd. 1,11,126 1,00,588 65,955 170 Pondicherry Ashok Hotel Corporation Ltd. 31 34 10 171 Balmer Lawrie Investments Ltd. 8,561 7,342 6,662 172 Biotechnology Industry Research Assistance Council 177 906 900 173 Central Registry of Securitsation Asset Reconstruction and Security Interest of India 12,209 11,762 8,814 174 ECGC Ltd. 2,15,905 2,16,425 87,516 175 Housing & Urban Development Corporation Ltd. 2,11,673 1,70,162 1,71,660 176 India Infrastructure Finance Co. Ltd. 1,55,161 1,07,560 51,425 177 Indian Railway Finance Corporation Ltd. 6,41,210 6,16,716 6,08,984 178 Indian Renewable Energy Devt.Agency Ltd. 1,25,223 86,463 63,353 179 Jammu & Kashmir Development Finance Corporation Ltd 385 459 231 180 Kumarakruppa Frontier Hotels Pvt. Ltd. 818 764 416 181 National Backward Classes Finance & Devp.Co. 3,083 3,035 3,056 182 National Divyangjan Finance & Development Corporation 892 509 620 183 National Minorities Development & Finance Corporation 5,313 6,517 6,764 184 National Safai Karamcharis Finance & Development Corporation 1,996 1,499 1,592 185 National Scheduled Castes Finance & Development Corporation 4,709 4,762 4,440 186 National Scheduled Tribes Finance & Development Corporation 2,567 2,429 2,445 187 NSIC Venture Capital Fund Ltd. 375 304 190 188 Power Finance Corporation Ltd. 14,36,702 11,60,547 10,02,190 189 REC Ltd. 14,01,921 11,05,464 10,04,592 190 Sagarmala Development Company Ltd. 2,351 1,408 698 191 Bharat Broadband Network Ltd. 214 10 -249 192 Millennium Telecom Ltd. 24 32 20 193 National Informatics Centre Services Incorporated 19,682 14,977 4,617 194 Railtel Corporation India Ltd. 24,621 18,825 20,834 195 Telecommunications Consultants (India) Ltd. 7,337 3,549 3,033 196 Advanced Weapons and Equipment India Limited 2,024 -1,279 453 197 Armoured Vehicles Nigam Limited 60,506 27,117 5,419 198 BEL Optronics Devices Ltd. 1,659 676 516
S. No. CPSE 2023- 24 2022- 23 2021- 22 199 BEL-Thales Systems Ltd. 277 700 521 200 BEML Ltd. 28,302 15,878 13,459 201 Bharat Dynamics Ltd. 61,272 35,217 49,992 202 Bharat Electronics Ltd. 4,02,000 3,00,667 2,34,893 203 Garden Reach Shipbuilders & Engineers Ltd. 35,727 22,812 18,953 204 Gliders India Limited 1,077 686 0 205 Goa Shipyard Ltd. 27,132 15,455 10,109 206 Hindustan Aeronautics Ltd. 7,59,504 5,81,117 5,08,650 207 Hindustan Shipyard Ltd. 11,882 6,524 5,078 208 India Optel Limited 23,303 20,691 0 209 Mazagon Dock Shipbuilders Ltd. 1,84,543 1,07,272 58,647 210 Mishra Dhatu Nigam Ltd. 9,126 15,588 17,631 211 Munitions India Ltd. 55,878 7,335 2,169 212 Yantra India Limited 42,558 4,236 0
Net Loss (-) of Loss Making CPSEs (₹ in Lakhs) S. No. CPSE 2023- 24 2022- 23 2021- 22 1 HPCL Biofuels Ltd. -800 -4,782 -6,695 2 Bharat Petro Resources Ltd. -2,06,540 -2,25,255 -2,281 3 Prize Petroleum Company Ltd. -5,198 -3,649 -579 4 KIOCL Ltd. -8,331 -9,767 31,341 5 NMDC Steel Ltd. -1,56,032 0 -1 6 Rashtriya Ispat Nigam Ltd. -4,84,886 -2,85,874 91,319 7 Brahamputra Crackers & Polymer Ltd. -16,022 13,423 69,053 8 Goa Antibiotics & Pharmaceuticals Ltd. -1,107 -475 -1,258 9 Hindustan Antibiotics Ltd. -3,609 -5,388 -1,621 10 Hindustan Organic Chemicals Ltd. -5,532 -5,022 -2,619 11 Heavy Engineering Corporation Ltd. -24,956 -21,211 -25,607 12 HMT Machine Tools Ltd. -15,524 -13,165 -14,573 13 Hoogly Cochin Shipyard Ltd. -3,006 -2,034 -284 14 ITI Ltd. -56,906 -36,010 12,008 15 Andrew Yule & Company Ltd. -6,422 117 -90 16 NEPA Ltd. -12,676 -10,580 -5,990 17 Apollo Design Apparel Parks Ltd. -254 -1,287 -51 18 Aurangabad Textiles & Apparel Parks Ltd. -76 -73 -75 19 Goldmohur Design & Apparel Parks Ltd. -237 -484 -81 20 National Textile Corporation Ltd. -31,317 -32,491 -30,586 21 Bundelkhand Saur Urja Ltd. -369 -300 -70 22 HPCL Renewable & Green Energy Ltd. -234 0 0 23 NLC India Green Enery Ltd. -16 0 0 24 NLC India Renewables Ltd. -6 0 0 25 NTPC Renewable Energy Ltd. -2,516 -137 11 26 Central Cottage Industries Corporation of -1,367 -1,301 -2,438 27 Alliance Air Aviation Ltd. -61,916 -56,657 -44,776
S. No. CPSE 2023- 24 2022- 23 2021- 22 28 Dedicated Fright Corridor Corporation of -2,959 -1,970 -1,615 29 Deoghar Airport Ltd -1,420 0 0 30 Inland & Coastal Shipping Ltd. -97 -68 -89 31 Konkan LNG Limited -24,657 -44,826 38,470 32 Mahanadi Coal Railway Ltd. -158 -43 -2 33 Pawan Hans Ltd. -940 -2,357 -1,772 34 Visakhapatanam Port Logistics Park Ltd. -1,039 -1,054 -897 35 Chhattisgarh East Railways Ltd. -9,488 -11,859 6,233 36 EdCIL Vidyanjali Foundation -18 0 0 37 Engineering Projects (India) Ltd. -6,136 44 -6,506 38 Hemisphere Properties India Ltd. -982 -647 -1,486 39 Hindustan Prefab Ltd. -1,087 -768 -1,204 40 India Ports Global Ltd -3 -2 639 41 Ircon PB Tollway Ltd. -776 -1,717 -2,462 42 Ircon Shivpuri Guna Tollway Ltd. -639 -1,434 -1,205 43 National Research Development -138 -372 5 44 TCIL Bina Toll Road Ltd. -279 -255 8 45 TCIL Lakhnadone Toll Road Ltd. -63 -107 -520 46 Hotel Corporation of India Ltd. -6,309 -7,038 -8,481 47 Ranchi Ashok Bihar Hotel Corporation -137 -112 -74 48 AI Assets Holding Ltd. -38,988 -55,121 -1,41,676 49 IIFCL Asset Management Company Ltd. -298 204 216 50 IOC Global Capital Management IFSC -285 0 0 51 NMDC CSR Foundation -3 -148 102 52 OVL Overseas IFSC Limited -43 0 0 53 Bharat Sanchar Nigam Ltd. -5,37,073 -8,16,156 -6,98,162 54 Mahanagar Telephone Nigam Ltd. -3,30,219 -2,91,074 -2,60,259 55 BEML Land Assets Ltd. -372 -63 0 56 Indo Russian Helicopters Ltd. -19 -3 -33 57 Naini Aerospace Ltd. -307 -608 -1,282 58 Troop Comforts Limited -30,307 1,895 1,638
