Because of Iran’s detachment from international world, the data from Iran is not easily accessible and many reports do not include Iran’s data. Isolating Iran from the world, led to so many threats but at the same time many opportunities have been revealed. For example, YouTube is unavailable in Iran but a local website which is named Aparat offers the same services and is available for Iranians. Another example of Iran’s restriction is lack of ranking of big Iranian companies in well-known indices such as Fortune 500. However, in Iran such a ranking is done by Industrial Management Institute of Iran which is called IMI-100.
Main criteria for IMI-100 is amount of sale during the past fiscal year. This ranking is being done for last 18 years. Companies by their sale volume are classified to 5 different groups after that companies in each groups compared with each other by 27 other indices such as added value, value of their assets, number of employee, profitability, export and market Cap (in terms of size, companies in each group are in a similar scale).
Sales amount of top 100 Iranian companies during fiscal year of March 2013-2014 was 6,140,000 billion Rials, which shows an increase about 18.3% compare to the past fiscal year. Top 15 companies in this ranking, own 85% share of total sale volume.
In sale criteria (which is shown in the table below), Khalije Fars Petrochemical Industries with 300,000 billion Rials of sale named the 1st company and after that respectively, Isfahan Oil Refinery, Melli Bank, Bandar Abbas Oil Refinery, Parsian Oil & Gas Development Group Co., Iran khodro and Tehran Oil Refinery.
As same as the past year, Banks are the wealthiest companies in terms of assets value, Mellat Bank, Melli Bank, Saderat Bank, Tejarat Bank and Parsian Bank possess the most assets.
In employment factor first of all is Melli Bank with 56 thousands of personnel then Iran Khodro with 52 thousands and after that other companies are Saipa, Saderat Bank and Mellat Bank.
By using profitability index, best companies are: Khalije Fars Petrochemical Industries, Taamin Petroleum & Petrochemical Investment Co., Parsian Oil & Gas, Telecommunication Company of Iran and Mobile Telecommunication Company of Iran.
Top companies in export index are: Khalije Fars Petrochemical Industries, Parsian Oil & Gas, Taamin Petroleum & Petrochemical Investment Co., Bandar Imam petrochemical and Pars petrochemical.
Most valuable companies measuring by market cap are: Khalije Fars Petrochemical Industries, Mobile Telecommunication Company of Iran, Telecommunication Company of Iran, Isfahan’s Mobarake Steel Company and Taamin Petroleum & Petrochemical Investment Co..
|Company name||Sale for year 2013-2014||Sale for year 2012-2013||Ownership||Listed in Tehran Stock Exchange|
|Khalije Fars Petrochemical Industries||308,424.7||256,117.0||Private*||Yes|
|Bandar Abbas refinery||264,909.2||400,779.4||Private***||Yes|
|Parsian Oil & Gas Development Group Co.||243,851.2||210,394||Public||Yes|
|Tehran oil refinery||201,282.4||236,689.1||Private||Yes|
|Supplying Automative Parts Co.||144,169.8||73,937.7||Private||No|
|Mobarake Steel Company||122,040.5||111,353.5||Private||Yes|
|Telecommunication Company of Iran||117,801.2||103,283.0||Public||Yes|
|Taamin Petroleum & Petrochemical Investment Co.||116,667.6||109,295.5||Public||Yes|
|Pars Arian Investment Co.||108,802.3||80,038.9||Private||No|
|Mehr Eghtesad Bank||108,661.3||86,569.6||Public||No|
|Tosee Melli Group Investment Co.||97,958.9||81,865.1||State-owned||Yes|
* Companies which more than 50% of their shares is owned by private sectors.
** Companies which more than 50% of their shares is owned by governmental organizations or enterprises.
*** Companies which more than 50% of their shares is owned by public and non-governmental institutions.