Central CPSEs capex up by 21% y-o-y in FY22

The combined capital expenditure (capex) by 40-odd large central public-sector enterprises (CPSEs) and departmental undertakings rose by 21 per cent year-on-year to Rs.5.6 trillion in 2021-22, reported Financial Express. Capex by these state-run entities, each with annual investment budget of more than Rs.5 billion, was 97 per cent of their aggregate capital expenditure target of Rs.5.8 trillion for 2021-22. During the fiscal, the National Highways Authority of India (NHAI) was the largest investor by deploying capex of about Rs.1.6 trillion, 21 per cent more than its annual target of Rs.1.3 trillion and 26 per cent more than a year ago. Railways invested Rs.1.5 trillion or 79 per cent of the full year target, while Indian Oil Corporation spent Rs.309.2 billion or 108 per cent of its annual target. Oil and Natural Gas Corporation (ONGC) reported capex of Rs.270 billion, followed by NTPC with Rs.254.2 billion. Coal India also exceeded its investment target of Rs.146.8 billion for 2021-22 with capex of Rs.148.3 billion. Nuclear Power Corporation invested Rs.142.3 billion or 80 per cent of its full fiscal target of Rs.178.1 billion.

References
1. https://www.financialexpress.com/economy/central-pses-invest-rs-5-5-trillion-in-fy22-nearly-meet-combined-target/2496898/
CMIE STATISTICS
Unemployment Rate (30-DAY MVG. AVG.)
Per cent
7.8 +0.5
Consumer Sentiments Index
Base September-December 2015
81.4 0.0
Consumer Expectations Index
Base September-December 2015
81.0 0.0
Current Economic Conditions Index
Base September-December 2015
81.9 0.0
Quarterly CapEx Aggregates
(Rs.trillion) Dec 21 Mar 22 Jun 22 Sep 22
New projects 4.04 8.56 4.87 3.52
Completed projects 2.86 1.32 1.18 1.32
Stalled projects 0.08 0.43 0.53 0.06
Revived projects 1.98 0.33 0.29 0.08
Implementation stalled projects 0.66 0.09 0.29 0.26
Updated on: 28 Nov 2022 8:28PM
Quarterly Financials of Listed Companies
(% change) Dec 21 Mar 22 Jun 22 Sep 22
All listed Companies
 Income 23.4 20.8 40.3 24.7
 Expenses 21.3 19.8 41.5 26.2
 Net profit 35.4 31.3 21.1 -0.7
 PAT margin (%) 9.0 8.8 7.2 7.3
 Count of Cos. 4,755 4,668 4,672 4,451
Non-financial Companies
 Income 29.3 24.8 50.3 27.4
 Expenses 28.8 25.7 53.1 30.5
 Net profit 19.2 9.8 8.3 -21.9
 PAT margin (%) 7.5 7.6 5.7 5.1
 Net fixed assets 2.0 6.7
 Current assets 15.0 18.3
 Current liabilities 11.7 11.3
 Borrowings 3.6 10.5
 Reserves & surplus 11.3 7.3
 Count of Cos. 3,439 3,386 3,408 3,302
Numbers are net of P&E
Updated on: 28 Nov 2022 8:28PM
Annual Financials of All Companies
(% change) FY20 FY21 FY22
All Companies
 Income 0.6 -0.9 25.8
 Expenses 0.4 -3.2 24.7
 Net profit -3.8 75.3 61.3
 PAT margin (%) 2.0 4.4 8.0
 Assets 9.0 9.9 9.9
 Net worth 4.7 12.0 14.0
 RONW (%) 3.4 6.8 11.8
 Count of Cos. 33,286 32,160 8,832
Non-financial Companies
 Income -1.1 -1.9 31.7
 Expenses -0.9 -3.9 31.5
 Net profit -20.4 62.3 59.8
 PAT margin (%) 2.2 3.9 6.9
 Net fixed assets 11.3 2.2 2.1
 Net worth 2.0 10.5 14.5
 RONW (%) 4.6 7.5 13.3
 Debt / Equity (times) 1.2 1.0 0.7
 Interest cover (times) 1.9 2.4 4.3
 Net working capital cycle (days) 82 88 55
 Count of Cos. 26,274 25,220 6,566
Numbers are net of P&E
Updated on: 27 Nov 2022 6:02PM