List of 14 Navratna Companies in India


Navratna Companies are a group of companies in the Central Public Sector Enterprises (CPSEs) that have enhanced financial autonomy.

Initially, the government awarded the status of Navratna to nine public sector companies’, over the years, the list of Navratna companies has expanded to 14.

The Government of India awards certain status to leading Central Public Sector Enterprises under three important categories, these categories are known as:

  • Maharatna companies
  • Navratna companies
  • Miniratna companies

Navratna Companies have the freedom to invest 30% of their net worth in a whole year up to an amount of up to ₹1,000 crores without requiring explicit government approval. Navratna companies have some comparative advantages too when competing in the global market.

Eligibility criteria for Navratna companies:

  • The company must achieve a score of at least 60 out of 100 in the parameters like; net worth, net profit, the total cost of production, total manpower cost, cost of services, capital employed, and PBDIT (Profit Before Depreciation, Interest, and Taxes).
  • The company must have the Miniratna status.
  • Company should have four independent board directors.

These Navratna companies are recognized by the government of India and have several benefits, here is the list of 14 Navratna Companies in India 2022:

 Serial No.Company Name
1Shipping Corporation of India (SCI)
2Hindustan Aeronautics Limited (HAL)
3Rashtriya Ispat Nigam Limited (RINL)
4Engineers India Limited (EIL)
5National Mineral Development Corporation (NMDC)
6Bharat Electronics Limited (BHEL)
7National Buildings Construction Corporation (NBCC)
8Oil India Limited (OIL)
9Mahanagar Telephone Nigam Limited (MTNL)
10Container Corporation of India (CONCOR)
11National Aluminium Company (NALCO)
12Rural Electrification Corporation (REC)
13NLC India Limited (NLCIL)
14Power Finance Corporation (PFC)

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