India, a burgeoning economic powerhouse, boasts a roster of globally renowned companies across technology, finance, and consumer goods sectors. These industry leaders play a pivotal role in driving India's economic expansion.

This article will delve into the intriguing world of the top 10 Indian companies by highest revenue, shedding light on their respective sectors and market capitalisation. Get ready to be captivated by their success stories and market dominance.

What is Company Revenue?

Company revenue represents the overall sum of funds that a company earns from its business operations and sales endeavours within a defined timeframe. This financial metric serves as a vital gauge of the inflow of cash into a business. Referred to as the top line, revenue takes precedence on an organisation's income statement, showcasing its earnings prior to deductions for expenses and taxes to determine net income or profit.

List of Top 10 Indian Companies by Highest Revenue

Here are the top 10 companies in India by highest market cap:

1. Reliance Industries (19.82 Trillion INR)
2. TATA Consultancy Services (TCS) (14.49 Trillion INR)
3. HDFC Bank (11.61 Trillion INR)
4. ICICI Bank (7.59 Trillion INR)
5. Bharti Airtel (7.14 Trillion INR)
6. State Bank of India (SBI) (6.77 Trillion INR)
7. LIC India (6.37 Trillion INR)
8. Infosys (6.15 Trillion INR)
9. Hindustan Unilever (HUL) (5.32 Trillion INR)
10. ITC (5.28 Trillion INR)

Overview of 10 Indian Companies by Highest Revenue

1. Reliance Industries

Reliance Industries, the leading conglomerate in India, holds the top position in terms of market capitalisation. Its versatility is truly impressive, as it is engaged in a wide range of industries such as energy, petrochemicals, textiles, natural resources, retail, and telecommunications. This diverse portfolio showcases Reliance Industries' robust market presence and its ability to excel in various sectors.

As of 4th March 2024, the net worth of Reliance Industries is 19.82 Trillion INR.

2. TATA Consultancy Services (TCS)

TCS, a sub-division of the Tata Group, is a key player in the realm of information technology. Offering a range of IT services, consulting, and business solutions has propelled TCS to become one of the top companies in India by market capitalisation. The substantial market value of TCS underscores its leadership in the IT industry. Noteworthy collaborations include partnering with the National Employment Savings Trust (NEST) in the UK to utilise TCS ValueBPS to aid clients in retirement planning. Additionally, Marks & Spencer has joined forces with TCS to enhance their business operations and streamline their SRD (space, scope, and display) functions effectively.

As of 4 March 2024, TATA Consultancy Services (TCS) 's net worth is 14.49 Trillion INR.

3. HDFC Bank

HDFC Bank leads the private banking sector in India with its extensive array of financial offerings. Its presence is prominent in retail and corporate banking, showcasing solid financial performance and customer confidence through its market valuation. Following a merger with parent company HDFC Ltd. on July 1, 2023, both shareholders and clients stand to gain as they capitalise on the burgeoning Indian economy. This move has propelled HDFC Bank to become the seventh largest globally and the top-ranking bank in India by market capitalisation.

As of 4 March 2024, HDFC Bank's net worth is 11.61 Trillion INR.

4. ICICI Bank

ICICI Bank stands out as a top player in India's private banking sector. It caters to both corporate and retail clients with a diverse range of financial products and services. Through its specialised subsidiaries, customers can conveniently access these offerings via various channels. ICICI Bank's impressive market valuation underscores the breadth of its services and unwavering focus on customer satisfaction.

As of 4 March 2024, ICICI Bank's net worth is 7.59 Trillion INR.

5. Bharti Airtel

A major player in the telecommunications industry across Asia and Africa, Bharti Airtel operates in 18 countries. Providing a range of services, including mobile voice, data, fixed lines, broadband, IPTV, DTH, and enterprise solutions, the company's extensive network and large customer base are reflected in its market valuation. Recently partnering with Alphabet, Google's parent company, Bharti Airtel, is exploring the use of laser technology to deliver high-speed internet to rural areas in India through light beams.

As of 4 March 2024, Bharti Airtel’s net worth is 7.14 Trillion INR.

6. State Bank of India (SBI)

SBI is India's top public sector bank. It offers a wide range of services, including personal banking, agricultural banking, corporate banking, international banking, and NRI services. Its market value mirrors its expansive reach and diverse service offerings.

As of 4 March 2024, the State Bank of India's net worth is 6.77 Trillion INR.

7. LIC India

LIC, India's leading public insurance firm, offers a wide range of financial services, including mutual funds, asset management, exchange trades, and index funds. Established through the nationalisation and merger of 245 private insurers under the LIC Act 1956, LIC recently went public with its IPO in May 2022. During the IPO, the government successfully sold 22.13 crore shares at a value exceeding Rs21,000 crore, representing a 3.5 per cent stake in the company.

As of 4 March 2024, LIC India's net worth is 6.37 Trillion INR.

8. Infosys

Infosys, a top player in the global market, leverages cutting-edge digital services and consulting to guide clients across 46 nations through their digital evolution. Infosys' impressive market value underscores its forward-thinking solutions and extensive international reach. Noteworthy is Infosys' recent collaboration worth $1.5 billion with the multinational energy giant BP, focusing on comprehensive application services encompassing development, management, maintenance, and beyond.

As of 4 March 2024, Infosys net worth is 6.15 Trillion INR.

9. Hindustan Unilever (HUL)

Hindustan Unilever is a leading Indian consumer goods corporation. It is a branch of the multinational conglomerate Unilever, headquartered in Britain and the Netherlands. Its extensive range of products encompasses cleaning solutions, water filtration systems, and personal care items. Hindustan Unilever's robust market value is indicative of its well-established brand assortment and broad customer demographic.

As of 4 March 2024, Hindustan Unilever Limited's net worth is 5.32 Trillion INR.

10. ITC

ITC is a prominent conglomerate with a wide range of businesses in sectors such as FMCG, hospitality, paperboards, agriculture, and IT. Its high market value is attributed to its robust brand reputation and varied business ventures.

As of 4 March 2024, ITC's net worth is 5.28 Trillion INR.

Summary: Top 10 Indian Companies By Market Cap

Here is the list of the top 10 companies by market cap in India:

Conclusion

The leading Indian enterprises, in terms of revenue, exemplify the country's diverse and thriving business landscape. This compilation of top Indian companies with the highest revenue in terms of turnover spans multiple industries, such as banking, conglomerates, oil and gas, automobiles, and IT services. Their impressive profits not only showcase their global competitiveness but also underscore their significant economic impact on India.