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Companies operating with wide margins

Companies that operate with such a high share of industry profits that their nearest competitors end up playing nothing more than second fiddle to them

Companies operating with wide margins

Then there are companies that operate with such a high share of industry profits that their nearest competitors end up playing nothing more than second fiddle to them. Switzerland-headquartered dyes and pigments manufacturer Clariant Chemicals gulps away 74 per cent profits of the organised industry. Its closest competitor Bodal Chemicals takes only 7 per cent of industry profits. Asian Paints rules the organised paint industry and has done so for many years now. There has been a slew of international paint manufacturers that have tried their luck in the country but none has been able to shake off Asian Paints' hold in the industry. The company takes away 66 per cent of industry profits, while the closest competitor, Kansai Nerolac, has to contend with only 7 per cent. The oil-exploration giant ONGC drills 70 per cent of all exploration profits in the country. Cairn India, its closest competitor, gets only 18 per cent of the profits. In the refinery business, ad-hoc subsidy policies of successive governments, which have resulted in losses for the state-run refiners, have allowed Reliance Industries to corner 65 per cent of all sector profits to itself. Beleaguered state refiner BPCL gets only 14 per cent of industry profits. In the engineering space, there is really no competition to L&T, whose scale and size ensure that it takes 72 per cent of the sector profits. In the household and personal products space, HUL shows who the king is. Its control over the Indian demography is so complete that it cleans up 50 per cent of the entire industry profits. Similarly, Bata India, the largest shoe retailer in the country, despite going in and out of fashion, still jogs away with 42 per cent of the organised footwear profits in a sector that is populated with unlisted and unorganised sector players. CRISIL rules the ratings business, with 57 per cent of industry profits, while the closest competitor CARE corners 28 per cent of the industry profits. In the technology space, TCS, the country's largest software company, takes away one-third of sector profits alone while the erstwhile market favourite Infosys still controls 21 per cent of the industry profits. Banking industry behemoth State Bank of India counts away 42 per cent of all public-sector bank profits. Its closest competitor, Bank of Baroda, has to be content with only 9 per cent of industry profits. Sun Pharma shows it is the boss in the domestic pharma space. Despite integration issues with Ranbaxy, Sun corners 22 per cent of the organised pharma sector profits in the country. Here are some more companies that operate with a wide margin of industry profit share. WIDE MARGINS: 60-90 per cent of industry profits taken by single company Industry/companyRevenue(₹cr)Revenueshare (%)Net profit(₹cr) Net profitshare (%)Aluminium1148051661NALCO72626.33132279.57Manaksia11080.971046.25Diesel engines105191150Cummins India440641.8978668.33Kirloskar Oil Engines250723.8314312.45Lubricants6990822Castrol India336248.0952163.37Tide Water Oil103714.8415919.29Banks: Public68849341984State Bank Of India20797430.211751741.72Bank Of Baroda449156.5238339.13Engineering: Industrial equip266861187Inox Wind270310.1329624.96Thermax539620.2214812.47Dyes & pigments54791272Clariant Chemicals96017.5193973.79Bodal Chemicals103618.9927.21Fertilisers776572442Tata Chemicals1720322.1580733.06Coromandel International1130614.5640216.45Paints256082167Asian Paints1502358.66142765.86Kansai Nerolac Paints358714.0127512.7Pesticides & agrochemicals271072452UPL1209144.6116647.57Bayer CropScience361513.3438315.62Ceramics / sanitaryware9558498Kajaria Ceramics*222323.2519338.69HSIL194220.328517.17Oil exploration18805525302ONGC15907584.591767369.85Cairn India146467.79448017.7Refineries136549336608Reliance Industries37543527.492364064.58BPCL24241917.75508213.88Diamond & jewellery904212209Titan Company1191313.1881636.96Rajesh Exports**4352748.1450923.06Electronic components134711528Bharat Electronics689551.19119778.35Honeywell Automation199614.82895.8Household & personal products669618789Hindustan Unilever3197247.75437649.78Dabur India782711.69106812.16Leather10438449Bata India219721.0519242.67Relaxo Footwears147314.1110322.93Gas transmission / marketing654743924GAIL6051592.43307178.27Indraprastha Gas36705.6143811.15Hospital & healthca


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