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Latest List of Maharatna and Navratna Companies in India 2024

The newly released list of Maharatna companies of India now includes Hindustan Aeronatics Limited. With this latest addition in the list of Maharatna, there are now 14 Maharatnas and 24 Navratna Companies in India. Check the latest list below.

ByVidhee Tripathi
Jun 3, 2025, 15:49 IST
List of Maharatna and Navratna companies
List of Maharatna and Navratna companies

List of Maharatna and Navratna Companies in India 2024: The Government of India has granted Hindustan Aeronautics Limited (HAL) the prestigious Maharatna designation, making it the fourteenth Central Public Sector Enterprise (CPSE) to do so. The Government of India has also granted three key Defence Public Sector Undertakings (DPSUs), including Munitions India Limited (MIL), Armoured Vehicles Nigam Limited (AVNL), and India Optel Limited (IOL). Check the latest list below.

Based on particular eligibility requirements, the Indian government divides Central Public Sector Enterprises (CPSEs) into three categories: Maharatna, Navratna, and Miniratna.

After the latest addition in the list of Maharatna companies, there are 14 Maharatnas and 24 Navratna Companies in India.

List of Maharatna Companies in India 2024

  1. Bharat Heavy Electricals Limited
  2. Bharat Petroleum Corporation Limited
  3. Coal India Limited
  4. GAIL India Limited 
  5. Hindustan Petroleum Corporation Limited
  6. Indian Oil Corporation Limited
  7. NTPC Limited
  8. Oil & Natural Gas Corporation Limited
  9. Power Finance Corporation
  10. Power Grid Corporation of India Limited
  11. Steel Authority of India Limited
  12. Rural Electrification Corporation Limited
  13. Oil India Ltd
  14. Hindustan Aeronatics Limited

ALSO READ: SJVN, Solar Energy, NHPC, and RailTel Gain Navratna Status; Shares Surge Up to 5%

Latest List of Navratna Companies in India 2024

Check the latest list of Comapnies given the status of Navratna:

  1. Bharat Electronics Limited
  2. Container Corporation of India Limited
  3. Engineers India Limited
  4. Mahanagar Telephone Nigam Limited
  5. National Aluminium Company Limited
  6. National Buildings Construction Corporation Limited  
  7. Neyveli Lignite Corporation Limited
  8. NMDC Limited
  9. Rashtriya Ispat Nigam Limited
  10. Shipping Corporation of India Limited
  11. Rail Vikas Nigam Limited
  12. ONGC Videsh Ltd
  13. Rashtriya Chemicals & Fertilizers Limited
  14. IRCON
  15. RITES
  16. National Fertilizers Limited
  17. Central Warehousing Corporation
  18. Housing & Urban Development Corporation Limited
  19. Indian Renewable Energy Development Agency Limited
  20. Mazagon Dock Shipbuilders Limited
  21. Railtel Corporation of India Limited
  22. Solar Energy Corporation of India (SECI) Ltd.
  23. NHPC Limited
  24. SJVN Limited
  25. IRCTC
  26. IRFC

List of Miniratna Category - I CPSEs 

  1. Airports Authority of India
  2. Antrix Corporation Limited
  3. Balmer Lawrie & Co. Limited
  4. Bharat Coking Coal Limited
  5. Bharat Dynamics Limited
  6. BEML Limited
  7. Bharat Sanchar Nigam Limited
  8. Braithwaite & Company Limited 
  9. Bridge & Roof Company (India) Limited
  10. Central Coalfields Limited
  11. Central Electronics Limited
  12. Central Mine Planning & Design Institute Limited
  13. Chennai Petroleum Corporation Limited
  14. Cochin Shipyard Limited
  15. Cotton Corporation of India Ltd.
  16. EDCIL (India) Limited
  17. Garden Reach Shipbuilders & Engineers Limited
  18. Grid Controller of India Limited (GRID-INDIA)
  19. Goa Shipyard Limited
  20. Hindustan Copper Limited
  21. Hindustan Steelworks Construction Limited
  22. HLL Lifecare Limited
  23. Hindustan Paper Corporation Limited
  24. HSCC (India) Limited
  25. India Tourism Development Corporation Limited
  26. Indian Rare Earths Limited
  27. Indian Railway Catering & Tourism Corporation Limited
  28. Indian Railway Finance Corporation Limited
  29. India Trade Promotion Organization
  30. KIOCL Limited
  31. Mahanadi Coalfields Limited
  32. MOIL Limited
  33. Mangalore Refinery & Petrochemical Limited
  34. Mineral Exploration Corporation Limited
  35. Mishra Dhatu Nigam Limited
  36. MMTC Limited
  37. MSTC Limited
  38. National Projects Construction Corporation Limited
  39. National Small Industries Corporation Limited
  40. National Seeds Corporation
  41. Northern Coalfields Limited
  42. North Eastern Electric Power Corporation Limited
  43. Numaligarh Refinery Limited
  44. Pawan Hans Helicopters Limited
  45. Projects & Development India Limited
  46. Security Printing and Minting Corporation of India Limited
  47. South Eastern Coalfields Limited
  48. Telecommunications Consultants India Limited
  49. THDC India Limited
  50. Western Coalfields Limited
  51. WAPCOS Limited

  52. Munitions India Limited (MIL)

  53. Armoured Vehicles Nigam Limited (AVNL)

  54. India Optel Limited (IOL)

List of Miniratna Category-II CPSEs

  1. Artificial Limbs Manufacturing Corporation of India
  2. Bharat Pumps & Compressors Limited
  3. Broadcast Engineering Consultants India Limited
  4. Engineering Projects (India) Limited
  5. FCI Aravali Gypsum & Minerals India Limited
  6. Ferro Scrap Nigam Limited
  7. HMT (International) Limited
  8. Indian Medicines & Pharmaceuticals Corporation Limited
  9. MECON Limited
  10. National Film Development Corporation Limited
  11. Rajasthan Electronics & Instruments Limited

The students must memorize the latest additions made to the list of Navratna and Maharatna companies in the year 2024 as their names can be asked in the form of MCQs and during interviews.

ALSO READ: How Maharatna,Navaratna and Miniratna status granted to CPSEs?

Vidhee Tripathi
Vidhee Tripathi

Content Writer

Vidhee Tripathi completed her PG Diploma degree in Digital Media from Indian Institute of Mass Communication, New Delhi. She is a graduate in Science with chemistry honors from Banaras Hindu University. She has 2 years of experience in various aspects of journalism. She was previously associated with the social media wing of Akashvani. At jagranjosh.com, currently she covers current affairs, national news and international news. She is also associated with the education news section of Jagran Josh.

Certificate: Creative Writing, Problem Solving, Web Content Writing
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FAQs

  • What are Miniratna Category-II CPSEs?
    +
    The CPSEs which have made a profit for the last three years continuously and have a positive net worth are Miniratna Category-II CPSEs.
  • What are Miniratna Category-I CPSEs?
    +
    The CPSEs which have made a profit in the last three years continuously having a pre-tax profit of Rs.30 crores or more in at least one of the three years and have a positive net worth are Miniratna Category-I CPSEs.
  • What are Navratna Companies?
    +
    The Navratna Companies are Public Sector Enterprises (PSEs) that can invest up to Rs. 1000 crore or 15% of their net worth on a single project without seeking approval from the government.
  • What are Maharatna Companies?
    +
    The Maharatna Companies are those companies that can raise an investment ceiling of Rs. 5,000 crore and are free to decide on investments up to 15% of their net worth in a project.

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