Monday, March 18, 2013

B&E Presents India’s Fastest Growing Companies 2010

For many years people carped that Dhirubhai Ambani was less of an entrepreneur and more of a manager who ‘managed’ the environment to make RIL a success story. But the fact is that RIL grew and grew faster to virtually leave behind all venerable old business houses in the country in a jiffy and at the same time won the hearts of many, who invested their hard earned pennies in the company. And that is the truth.

Call it ‘irrational exuberance’ or simply greed, every investor at the market place, at all times, stays on a hunt to pin himself up to a new bee that promises to deliver some real quick honey. And that’s where the league of the fast and the furious prove there hegemony. They may not be necessarily big, but with their uncanny ability to fly as the phoenix, they become the darlings of the investors. So, if Benjamin Franklin believed, “Without continual growth and progress, such words as improvement, achievement, and success have no meaning”, for an ordinary market man, continual growth without the ability to outperform others does not deserve an action called ‘investment’. And this finally made us look for the bunch that drove investors crazy this year on basis of their fast track growth.

After considerable brainstorming and some number crunching (alright, we admit it: after a lot of number crunching and soul searching!), the editorial team at Business & Economy decided to seal this issue with a KISS! Before you get us wrong, our kiss harks back to that old cliché that says, Keep It Simple, Stupid! In this age of information overload and overdose, people often tend to forget that simplicity and brevity can never be matched by jargon and mumbo jumbo when it comes to explaining things. And the final pristine fact is that truly, there can be no other factor more important than the topline growth of a firm... across industries, across geographies. But then, growth can be deceiving as well owing to the base effect. So, while keeping our research confined to BSE 500 companies, and considering the growth in revenue between FY2009 and FY2010, B&E presents India’s 100 Fastest Growing Companies both in terms of relative growth (year-on-year) and absolute growth (additional revenue generated).


Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).

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