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The Success Mantras
We at BW Businessworld have every year doffed our cap at India’s fastest-growing companies, but these are unusual times and the laurels go to the exceptional. Our assessment of these companies is based on a study of their revenue and profitability data for the last five financial years.
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“To handle yourself, use your head; to handle others, use your eart.” — Eleanor Rooseve
Even in these tumultuous times many corporations stride ahead, some growing faster than others. We at BW Businessworld have every year doffed our cap at India’s fastest-growing companies, but these are unusual times and the laurels go to the exceptional. Our assessment of these companies is based on a study of their revenue and profitability data for the last five financial years.
In the ‘Super Heavyweight’ category, in which companies had net sales of Rs 50,000 crore and above, the companies on the top rung include Rajesh Exports, Grasim Industries and Hindalco Industries. In the ‘Heavyweight’ segment comprising companies with net sales between Rs 10,000 crore and Rs 49,999 crore, KNR Construction, Dr Reddy’s Laboratories and Gujarat State Petronet came out on top.
In the ‘Middleweight’ category, where companies with net sales between Rs 5,000 crore and Rs 9,999 crore were evaluated, Gokul Agro Resources, Radico Khaitan and APL Apollo made up the upper crust. In the ‘Welterweight’ category or companies with net sales between Rs 1,000 crore and Rs 4,999 crore, West Coast Paper Mills, Dalmia Bharat Sugar & Industries and LT Foods emerged as the top performers.
In an exclusive interview with BW Businessworld CII President T. V. Narendran, shares his views on the desired path of economic recovery and the country’s preparedness for the third wave of Covid-19. Even as industry and policymakers chart out strategies to beat the slowdown, private enterprises scout for solutions of their own.
Since January this year, around two dozen privately held companies have gone public via the Initial Public Offering (IPO) route to raise more than Rs 25,000 crore from the market. In the remaining three quarters of the current financial year, over three dozen more companies are slated to hit the IPO market, preferring no doubt, to raise capital through equity rather than debt. We look in depth into this mega rush for IPOs, with expert views on the trend.
In another special report, we examine the excitement over non-fungible tokens (NFT) that are suddenly creating a buzz in the creative community. We examine the benefits and the pitfalls of this technology.
Of course, we also have our regular features and columns that you look forward to. I do hope you enjoy reading this issue as much as we did putting it together. Happy Reading!