Nov 22, 2011
NAVRATNA PSUs In India:
Navratna status is considered to be the prestigious among public sector companies.Currently following companies have Navratna status.
| PSU Name | Area Of Operation |
| Bharat Electronic Limited | Defense products |
| BHEL | Engg & Manufacturing |
| BPCL | Oil marketing |
| CoalIndia | Coal production & marketing |
| GAIL India Ltd | Gas transmission |
| Hindustanaeronautics ltd | Aircrafts and Accessories production. |
| HPCL | Oil marketing |
| IOCL | Oil Marketing |
| MTNL | Telephone |
| NALCO | Aluminium Products and marketing |
| NMDC Ltd | Ore/ Mineral exploration and marketing |
| NTPC Ltd | Power Plant products |
| ONGC Ltd | Oil & gas marketing |
| Power Finance Corporation Of India. | Infrastructure & power Finance |
| Power grid Corporation of India Ltd. | Power transmission |
| REC India Ltd | Infrastructure and power finance |
| Shipping Corporation Of India Ltd | Shipping |
| Steel Authority Of India Ltd | Iron & steel producer |
Criterias for Navratna company:
1. Having Schedule A and Miniratna Category 1 status
2. Having atleast three Excellent or Very Good Memorandum of Understanding ratings during the last five years.
3. Having a composite score of 60 or above out of 100 marks based on its performance during the last three years on the following six identified efficiency parameters:
- Net Profit to Net Worth
- Inter-Sectoral comparison based on Net profit to net worth
- Manpower cost to cost of production or services
- Gross margin as capital employed
- Gross profit as Turnover
- Earnings per Share.
Navratna companies have benefits of operational autonomy to take faster financial decisions.Thses PSUs can take investment decisions upto Rs. 1000 Crore without approval of the government.
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