61% of India’s top 100 companies run SAP
Bangalore — Enterprises leading the latest rankings of India’s top 500 companies and featuring prominently across all categories of business leadership run SAP solutions. This underlines SAP’s strength in servicing industry leading enterprises and be a trusted long term partner in their pursuit to excellence.
61% of India’s top 100 companies featured in the August 2006 “ET 500” – a listing of India’s top corporates published by The Economic Times and 9 out of top 10 companies by growth in profits and market capitalization run SAP. Additionally, top 6 out of top 10 companies by sales growth run SAP. A total of 176 SAP customers feature in leading positions in the ET 500 listing.
Across key verticals like Auto, Oil & Gas, Telecom, Engineering etc listed in the “ET 500” enterprises who run SAP once again occupy top slots.
Automotive – 4 out of top 5 companies in terms of market capitalization, sales and net profit
Information technology – 5 out of top 5 companies in terms of market capitalization, sales and net profit
Oil & Gas – 5 out of top 5 companies in market capitalization and 4 out of top 5 companies in terms of sales and net profit
Engineering –5 out of top 5 companies in terms of market capitalization and sales and 4 out of 5 companies in terms of net profit
FMCG – 5 out of top 5 companies in terms of market capitalization and 4 out of top 5 companies in terms of net profit and sales
Metal – 4 out of top 5 companies in terms of market capitalization, sales and net profit
Auto Ancillary – 4 out of top 5 companies in terms of sales and net profit and 3 out of top 5 companies in terms of market capitalization
Power – 4 out of top 5 companies in terms of sales, 3 out of top 5 in terms of net profit and 2 out of top 5 in terms of market capitalization
Banking – 2 out of top 5 companies in terms of market capitalization, sales and net profit
Textiles – 2 out of top 5 companies in terms of market capitalization, sales and net profit
“SAP is very proud to witness its customers featuring in the list of top Indian companies. It gives us immense pleasure to note that India’s best run businesses have chosen us to be their trusted partner” said Alan Sedghi, President and CEO, SAP Indian Sub-Continent. “We take this opportunity to thank our customers who have relied in our capabilities and reaffirm our commitment to serve them by offering them innovative and industry best solutions,” he further added.
SAP is achieving broad based growth in India and has become the first enterprise software solutions vendor to cross the 1000 customer mark in India. Today SAP has over 1130 customers in India from across large, medium and small enterprises spread across over 2500 installations. In 2006 till date, SAP has already signed on over 269 customers.
The ET 500 listing is compiled across eight parameters including Market Capitalization, Absolute change in Mark Capitalization over the past one year, Sales, Absolute Change in Sales over the past one year, Net Profit, Absolute Change in Net Profit over the past one year, Price to Earnings (P/E) multiple and Return on Net Worth (RONW).
For more information, press only:
Karthikeyan D S, SAP India, 080- 41365691, d.s.karthikeyan@sap.com
Pallavi Arora, Genesis Burson Marsteller, 080-25590814, pallavi.arora@bm.com
