Top 15 Biggest Companies in India by Market Capitalization

Maybe you are looking for the best companies where you can apply for your dream job. Or you are planning to invest a part of your hard-earned money. 

Whatever the reason behind your research, this blog has got your back with detailed insights about the biggest companies in India.

Market capitalization (or market cap, in short!) is a key indicator of the size of any company. Based on the market cap analysis in the first quarter of 2022, the blog enlists the top 15 biggest companies in India. Scroll down to know more about these biggies in detail!

Top Companies in India

1. Reliance Industries

This Mumbai-based multinational company has a market cap worth INR 1,795,732.38 crore. And thus, Reliance Industries is the largest company in India. Over the years, it has ventured into different sectors such as telecommunications, petrochemical, retailing, natural resources, and textiles. It is not a surprise that Mukesh Ambani, the chairman and managing director of Reliance Industries Ltd., has made it to the Forbes top 10 richest people in the world. 

2. Tata Consultancy Services

TCS or Tata Consultancy Services holds the second position among India’s leading companies. Its market cap is INR 1,396,835.78 Crore. TCS is a leading IT company in India that offers consultations and business solutions. It is one of the global leaders as a seamless IT services provider. TCS operates across 149 locations in over 46 countries around the globe. Over 6 lakh employees have joined Tata Consultancy Services by July 2022.

3. HDFC Bank

With a market cap of INR 931,429.06 crore, HDFC ranks third on the list of 15 biggest companies in India by market capitalization. HDFC Bank is a renowned brand in the Indian financial sector. It has a reputation for offering seamless and trusted banking services to customers.

HDFC Bank is the first ever RBI-approved private bank in India. It got established way back in 1994. 

4. Infosys

This Bangalore-based IT company grabs the 4^th position in the list of the best companies in India. Infosys has a market cap worth INR 795,241.87 crore. Established in 1981, Infosys is known for its commendable IT services. This multinational company also offers top-grade business consulting and outsourcing services. Infosys is a top pick among the final year students during the placement drives in colleges.

5. Hindustan Unilever

HUL or Hindustan Unilever Limited has a market cap of INR 619,681 crore. A popular consumer goods company in India, Hindustan Unilever manufactures a range of products such as cleaning agents, beverages, personal care and grooming products, fast-moving consumer goods, water purifiers, etc. An interesting fact worth mentioning here is that HUL is a subsidiary of the British company Unilever.

It is the most valuable company in India since it has a wide impact among the people. Every household uses Unilever’s consumer goods.

6. ICICI Bank

With a market cap worth INR 513,166.77 crores, ICICI Bank has grabbed 6^th position in the list of best companies in India. It is known for its premium banking products and impeccable financial services. ICICI Bank enjoys a vast customer base that includes retailers and corporate clients. Based in Vadodara, this multinational bank is one of the most popular private banks in India. 

7. SBI

SBI, or State Bank of India, is the 7^th rank holder and has a market cap of INR 457,118.60 crores. Headquartered in Mumbai, SBI is one of the most reliable public sector banks in India. It is known for its hassle-free financial services, especially to the middle-class strata of the nation. 

Besides, it offers some stellar investment schemes for the public. State Bank of India has also made its way to the 43^rd position in the list of the largest banks across the globe.

8. Bajaj Finance

Bajaj Finance is the 8^th largest company in India and has a market cap value worth INR 452,861.07 crore. This financial services company is based in Pune. It is famous for its seamless lending facilities, wealth and asset management, and insurance-based services. Over the last few decades, Bajaj Finance has expanded its business at breakneck speed. One of its most popular financial services is the no-cost EMI option which enables consumers to get hold of their favorite gadgets and electronic commodities without worrying about down payments. 

9. HDFC

With a market cap of INR 431,680.50, HDFC grabs the 9^th rank in the list of biggest companies in India. HDFC is the acronym for Housing Development Finance Corporation Limited. It is a Mumbai-based, top-rated financial service providing company. HDFC engages in multiple segments such as general insurance, banking, realty, deposits, venture capital, education, asset management, etc.

10. LIC India

LIC, or Life Insurance Corporation of India, is the 10^th biggest company in India by market capitalization. It offers insurance as well as investment opportunities to the public. LIC India operates under the direct administration of the Government of India. Established in 1956, LIC India is one of the most trusted names across Indian households when it comes to securing the future of your loved ones by investing in life insurance policies.

11. Bharti Airtel

Bharti Airtel has secured the top 11^th position in the list of the top 15 biggest companies in India. At present, it has a market cap of INR 383,779.77 crore. Bharti Airtel is headquartered in New Delhi. It is one of the top three contending mobile service providers in terms of global subscribers. This telecommunications company operates across 18 nations, including Africa, South Asia, etc.

12. ITC

At the 12^th position stands ITC or India Tobacco Company Limited, with a market cap of INR 374,903.21 crore. This conglomerate company has its headquarters in Kolkata. It indulges in multiple sectors such as hotels, FMCG, cigarettes, paperboards, software, agribusiness, and so on. In India alone, ITC has employed over 36,500 staff members. ITC serves the Indian subcontinent as well as the Gulf nations.

13. Kotak Mahindra

Kotak Mahindra is the 13^th largest company in India in terms of market capitalization (INR 359,522.44 crore). This Indian financial and banking services provider has its headquarters in Mumbai. Kotak Mahindra offers financial and banking solutions to both retail and corporate customers. It provides stellar wealth management, investment banking, personal finance, and life insurance services to  customers.

14. Adani Trans

Adani Transmission Limited grabs the 14^th rank as one of the biggest companies in India by market capitalization. One of the largest power transmission companies owned by the private sector, Adani Trans has a market cap value worth INR 346,929.38 crore. Founded by Gautam Adani, the electric power transmission company has over 11,980 employees. 

15. Adani Total Gas

With a market cap of INR 343,514.68 crore, Adani Total Gas is the 15^th biggest company in India. This popular city gas distribution company caters to both residential and industrial consumers. Two of its most prominent products are compressed natural gas stations and piped natural gas connections. A joint venture between Adani Group and Total Energies, Adani Total Gas is the largest city gas operator across India.

Who doesn’t dream to work in the best company in India? You can choose your favorites from the list and start preparing to take your career ahead.

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