The first group comprises the companies that are the unquestionable market leaders of their respective sectors in terms of profit share. Unsurprisingly, only a small group of companies can claim the membership of this club.
Let's begin with some uncommon names. Did you know Lakshmi Machine Works, the biggest textile-machine manufacturer of the country, corners over 90 per cent of its industry profits? Or that Tata Motors, the commercial-vehicle behemoth is so well positioned that it drives away with over 90 per cent of the industry profits?
Among the usual cases, ITC owns the cigarette industry in India and Petronet LNG enjoys government monopoly over liquefied natural gas.
The table below highlights the primary companies enjoying no competition, as they gobble up nearly the entire industry profits.
NO COMPETITION: One company takes away 90 per cent or more of industry profits
Industry/company | Revenue (₹cr) | Revenue share (%) | Net profit (₹cr) | Net profit share (%) |
Automobiles: Trucks/LCVs | 275464 | 14960 | ||
Tata Motors | 262796 | 95.4 | 14060 | 93.98 |
Eicher Motors | 9232 | 3.35 | 762 | 5.09 |
Cigarettes/Tobacco | 42211 | 10103 | ||
ITC | 38835 | 92 | 9766 | 96.66 |
Godfrey Phillips | 2521 | 5.97 | 183 | 1.81 |
Industrial gases & fuels | 40794 | 920 | ||
Petronet LNG | 39093 | 95.83 | 883 | 95.96 |
Linde India | 1486 | 3.64 | 20 | 2.21 |
Textile: Machinery | 2754 | 235 | ||
Lakshmi Machine Works | 2488 | 90.34 | 220 | 93.63 |
Stovec Industries | 108 | 3.93 | 13 | 5.55 |
All financial data as of March 2015 |