What is difference between Navratna and miniratna company?
Daniel Santos
Updated on January 07, 2026
Maharatna company can invest upto 5000 crore or 15% of its net worth in a project. Navratna company can invest upto 1000 crore. Miniratna companies can invest upto 500 crore or an amount equal to their net worth.
How many Miniratna companies are there?
Miniratna Companies are divided into 62 Miniratna Category-I and 12 Miniratna Category-II companies. As of January 2020, there are 74 Miniratna Public Sector Undertakings (PSU’s).
Which are the Miniratna companies in India?
List of Miniratna Category – I CPSEs
- Airports Authority of India.
- Antrix Corporation Limited.
- Balmer Lawrie & Co. Limited.
- Bharat Coking Coal Limited.
- Bharat Dynamics Limited.
- BEML Limited.
- Bharat Sanchar Nigam Limited.
- Bridge & Roof Company (India) Limited.
What do you mean by Navratna company?
These companies are “public sector companies that have comparative advantages”, giving them greater autonomy to compete in the global market so as to “support [them] in their drive to become global giants”. Financial autonomy was initially awarded to nine PSUs as Navratna status in 1997.
Which is better Maharatna or Navratna?
The Maharatna status gives more autonomy and authority to a company than the other categories such as Navratna or Miniratna. PSUs with Maharatna status can invest 15% of their net worth in a project without the prior permission from the Government of India.
Is NTPC a Navratna?
The exercise of Maharatna powers would be subject to the same conditions and guidelines as laid down by the Government in respect of Navratna CPSEs from time to time. NTPC , the largest power generating company of the country, presently has an installed capacity of over 31000 MW.
How many CPSEs are there in India?
348 CPSEs
Central Public Sector Enterprises (CPSEs) are those companies in which the direct holding of the Central Government or other CPSEs is 51% or more. As on 31st March 2019, there were 348 CPSEs (excluding insurance companies).
Which is the best Maharatna company in India?
Maharatna is the top category among the PSUs in which there are currently five companies. These PSUs are ONGC, Coal India, NTPC, Indian Oil Corporation and SAIL….India’s Five Maharatna Companies.
| Maharatna Name | Sector | Market Cap (Rs Crore) |
|---|---|---|
| Oil & Natural Gas Corporation Ltd. | Petroleum | 236,773 |
| Coal India Ltd. | Coal Mining | 219,146 |
| NTPC Ltd. | Power | 134,648 |
How can I join Navratna company?
A company must first be a Miniratna and have 4 independent directors on its board before it can be made a Navratna. Have made profits continuously for the last three years or earned a net profit of Rs. 30 crore or more in one of the three years.
What makes a Miniratna a Maharatna company?
Miniratna Category II company have autonomy to incurring the capital expenditure up to Rs. 300 crore or up to 50% of their net worth whichever is lower without prior approval from Government. What are Maharatna companies in India? Maharatna status was started in 2009.
What are the eligibility criteria for a Miniratna Company?
The varied eligibility criteria and financial autonomy of Miniratna companies are given below. Have made profits continuously for the last three years and should have a positive net worth. Financial Autonomy up to Rs. 500 crore or equal to their net worth, whichever is lower.
What makes a company a Miniratna of Category II?
A Public sector Company can be called as Miniratna of Category II if: It has continuously made profit for last three years. It has positive net worth. Miniratna Category II company have autonomy to incurring the capital expenditure up to Rs. 300 crore or up to 50% of their net worth whichever is lower without prior approval from Government.
What’s the difference between Miniratna and Navratna?
· Miniratna-I: up to Rs. 500 crore or equal to their net worth, whichever is lower. · Miniratna-II: up to Rs. 300 crore or up to 50% of their net worth, whichever is lower. 1. Coal India Limited 2.
