Highlights of the Overall Performance of CPSEs in 2011-12

The 52nd Public Enterprises Survey in the series (2011-12), brought out by the Department of Public Enterprises, Ministry of Heavy Industries & Public Enterprises, Government of India on the performance of Central Public Sector Enterprises (CPSEs) was placed in both the Houses of Parliament here today.  There were 260 CPSEs in 2011-12, out of which 225 were in operation.  The remaining 35 CPSEs were under construction.

The Public Enterprise Survey 2011-12 is based on Revised Schedule VI. Since the data for the Financial Year 2010-11 had also to be recast for comparison,  Volume II of PE Survey 2011-12 contains information  in the new format for these 2 years i.e. 2010-11 and 2011-12 (as against three years in earlier Surveys).

The main Highlights of the performance of CPSEs, during 2011-12 are as follows:

(i) Investment in CPSEs

• Total paid up capital in 260 CPSEs as on 31.3.2012 stood at Rs. 1,63,863 crore compared to Rs. 1,57,438 crore as on 31.3. 2011 (248CPSEs), showing a growth of 4.08%.
• Total investment (equity plus long term loans) in all CPSEs stood at Rs. 7,29,228 crore as on 31.3.2012 compared to Rs. 6,03,975 crore as on 31.3.2011, recording a growth of 20.74%.
• Capital Employed (paid-up capital plus reserves & surplus and long term loans) in all CPSEs stood at Rs. 13,43,176 crore as on 31.3.2012 compared to Rs. 11,64,178 crore as on 31.3.2011 showing a growth of 15.38%.

(ii) Turnover, Profit/Loss and Net Worth of CPSEs

• Total turnover/Gross Revenue from operations of all CPSEs during 2011-12 was Rs. 18, 41,927 crore compared to Rs. 14,98,018 crore in the previous year showing an increase of 22.96%.
• Profit of profit making CPSEs stood at Rs. 1,25,115 crore during 2011-12 compared to Rs. 1,13,944 crore in 2010-11 showing a growth of 9.80%.
• Loss of loss incurring CPSEs stood at Rs. 27,602 crore in 2011-12 compared to Rs. 21,817 crore in 2010-11 showing an increase in loss by 26.52%.
• Reserves & Surplus of all CPSEs went up from Rs. 5,60,203 crore in 2010-11 to Rs. 6,13,949 core in 2011-12, showing an increase by 9.59%.
• Net worth of all CPSEs went up from Rs. 7,17,641 crore in 2010-11 to Rs. 7,77,812 crore in 2011-12 registering a growth of 8.38%.

(iii) Contribution of CPSEs to the Central Exchequer

• Contribution of CPSEs to Central Exchequer by way of excise duty, customs duty, corporate tax, interest on Central Government loans, dividend and other duties and taxes increased from Rs. 1,56,751 crore in 2010-11 to Rs. 1,60,801 crore in 2011-12, showing an increase of 2.58%.

(iv) Foreign Exchange Earnings and Outgo by CPSEs

• Foreign exchange earnings through exports of goods and services increased from Rs. 91,774 crore in 2010-11 to Rs. 1,24,492 crore in 2011-12, showing a growth of 35.65%.
• Foreign exchange outgo on imports and royalty, know-how, consultancy, interest and other expenditure increased from Rs. 5,50,086 crore in 2010-11 to Rs. 7,33,544 crore in 2011-12 showing an increase of 33.35%.

(v) Market Capitalization of CPSEs on Mumbai Stock Exchange

• Total Market Capitalization (M_Cap) of 44 listed CPSEs, based on the stock price in Mumbai Stock Exchange, decreased from Rs. 15,06,698 crore as on 31.03.2011 to Rs. 12,53,245 crore as on 31.03.2012. Market Capitalization of CPSEs during this period, therefore, decreased by 16.82%
• M_Cap of CPSEs as per cent of BSE M_Cap decreased from 22.03% as on 31.3.2011 to 20.17% as on 31.3.2012.