The Reserve Bank of India regularly publishes data on finances of Non-Government Non-financial (NGNF) private limited companies on the basis of their audited annual accounts. Today, data relating to the finances of NGNF private limited companies for 2017-18, based on accounts of 2,45,333 companies having a paid-up capital (PUC) coverage of 25.7 per cent, were released on the website (https://dbie.rbi.org.in/DBIE/dbie.rbi?site=statistics#!2_45). The data are in the form of statements for which explanatory notes are given at the end as Annex.

Highlights

• A pick up in sales and moderation in input costs - primarily staff expenses - boosted operating profits (Statement 1).

• Total borrowings of these companies accelerated year-on-year in 2017-18, in spite of a decline in dependence on bank finances, resulting in higher leverage, especially in the services sector (Statement 1 and 8).

• Companies’ debt servicing capacity in terms of the interest coverage ratio (ICR) or earnings before interest and taxes (EBIT) to interest expenses improved due to increased profitability (Statement 8).

• Export intensity (measured as the exports to sales ratio) has been declining during 2015-16 to 2017-18 across sectors (Statement 8).

Notes:

1. Data for the finances of non-government non-financial (NGNF) private limited companies for 2016-17 are also released along with this data release.

2. The primary source of data is the Ministry of Corporate Affairs (MCA).

Ajit Prasad
Assistant Adviser

Press Release : 2018-2019/2826