Top 40 fastest growing companies in India 2012

List of Top 40 fastest growing companies in India 2012



Top 40 fastest growing Indian companies are listed below. The list is according to their increasing turnover, growth rate and profitability.

1. Jindal Steel & Power

It has huge capacity for steel production that is nearly 3 mtpa along with a power production of 2200 MW. It has enough cash flow to ensure its operational funding.

2. Adani Ports

It has its presence in India's largest multi-product special economic zone, at the Mundra port. It is banking on multiplying traffic on India's major ports in the coming years.

3. Opto Circuits

The company has acquired many businesses that have significantly improved its profit margins. Its medical equipment business brings almost 80% of its revenues. It has aggressive plans to increase its presence in emerging markets, so it will maintain around 15 to 20% growth rate in the coming few years.

4. Torrent Power

Torrent power is a leading electricity generation and distribution company. It has its own power stations, too.

5. Nitin Fire Protection

Nitin Fire Protection Company has large clients such as Bharti Airtel, Reliance Industries, Maruti, and L&T. After the fire safety provision has been made mandatory, the company is likely to be benefited in a big way. The company has excellent orders in its hands.

6. Jubilant FoodWorks

When it comes to Pizza chains, Jubilant FoodWorks can be said to be a giant in Indian market. They have their presence in around 90 cities with more than 400 outlets. Having control over half of the pizza market in India, they are making headways into smaller and midsized cities too.

7. Zydus Wellness

Part of pharmaceutical giant Cadila Healthcare, Zydus takes care of niche market with products like Actilife, Nutralite, EverYuth and Suger Free. They have very aggressive expansion plans in the nutraceuticals segment.

8. IRB Infra Developers


IRB, the construction company has lucrative projects in its hands. It has completed Golden Quadrilateral network of highways and it has reaped good profits from its projects, so far.

9. S Mobility

S Mobility, formerly known as Spice Mobility, became popular with its low cost “M series” mobile phones. Now, as the market is nearing saturation the company is looking towards African countries for expansion. It’s planning to open another manufacturing unit in Tamil Nadu to match the growing demand.

10. Core Education & Technologies

Core Education & Technologies is a pioneering vocational training company. It has launched a new chain of 150 skill training institutes. Within five years, they want to increase their revenue to Rs.600 crore.

11. J Kumar Infraprojects

J Kumar is a leading contractor based in Mumbai. The turnover of this engineering company is around Rs.2500 crore. It has bagged the prestigious Navi Mumbai metro project. The thinning margins on road construction are putting pressure on the profitability of this construction giant.

12. TTK Prestige

TTK Prestige manufactures pressure cookers and nonstick cookware. The brand “Prestige” is a major Indian brand with nearly 45% market share. Its USP is safety and quality.

13. Coromandel International

This is a leading company in the field of phosphatic fertilizers in India. Recently it has acquired a 42% stake in Sabero Organics for Rs. 285 crore.

14. Page Industries

Page Industries has created a market for itself by its unique pricing strategy in the branded clothing market. Jockey is its well known innerwear brand for both men and women. It has successfully marketed the premium image of its brands.

15. Eros International

Eros international, the leading movie production and distribution house has successfully maintained its profits by reducing the business risks. It has some 2000 films in its kitty, through which it earns regular income from television networks.

16. Educomp Solutions

Educomp Solutions is a multimedia training giant. It serves school and vocational training segments.

17. Delta Corp

Previously known as Arrow Webtex, India's only listed casino gaming company has partnered with Reliance Industries for its sales and marketing. It has the financial support from some billionaires of India.

18. EClerx Services

This listed business process outsourcing company also has a niche market in knowledge process outsourcing sector. It provides excellent outsourced services for the capital market divisions of international banks.

19. Godrej Consumer Products

Godrej has its presence in Asia, Latin America and Africa and its 34% revenues come from international sales. It has acquired success mainly through foreign acquisitions.

20. Titan Industries

Titan is a well-known Indian brand in wristwatch segment. It is also increasing its presence in the jewelry business.

Apart from it, the other major fastest growing companies in India are as follows:

21. S Kumars Nationwide

India’s leading textiles company boasts of renowned brands such as Reid & Taylor, Belmonte, S Kumars, Carmichael House and Stephen Brothers. It also has the license to manufacture textiles for famous international brand DKNY.

22. Amara Raja Batteries

Amara Raja Batteries is the second largest battery manufacturer in India and has tremendous demand because of the need of uninterrupted power supply.

23. JBF Industries

The company is moved to yarn and film production from polyester chips to tackle the decreasing demand. The company is also improving its existing capacity to produce purified terephthalic acid (PTA).

24. Engineers India

It is a leading public sector company in India with two major revenue streams viz. consultancy & engineering and lumpsum turnkey (LSTK) projects. The company is planning to enter into international markets.

25. BGR Energy Systems

Banking largely upon providing balance of plant services to power projects, the company has registered a negative growth in the previous quarter. It’s because of the sloppy execution of the key construction projects handled by it.

26. Polyplex Corporation

Polyplex Corporation is the world’s fourth largest producer of thin polyester film. It has been continuously registering volume growth during the previous fiscal year. But due to global slowdown, its performance is bound to be affected this year.

27. Gujarat State Petronet

Gujarat State Petronet is being promoted by Gujarat government. It has a gas pipeline project running into 1500 km in the Hazira Jamnagar corridor. But, there are two major factors affecting the growth of the company; the first one is poor availability of gas, while the other is capping of margins by PNGRB at 18% pre-tax ROCE. The company had earned 27% based on tariffs in the third quarter of 2011-12.

28. Bombay Rayon Fashions

Bombay Rayon Fashions has the benefits of scale by having the world’s largest fabric processing capacity. But due to rising input costs, its markets are dwindling.

29. Cox & Kings

Cox & Kings needs no introduction as it’s a leading global tour operator. With rising tourism market, it’s poised to expand at around 10% annually during the next decade. Cox & Kings has embarked on a major growth path in the European market with its acquisition of UK-based tour operator Holidaybreak (HBR).

30. Lovable Lingerie

A pioneer in producing hottest range of innerwear, Lovable Lingerie is capitalizing on the premium segment of Indian market. According to the projections, Women’s innerwear market will quadruple to Rs 30,000 crore in 2020 from existing Rs. 8,500 crore, which makes it the most profitable segment in the Indian apparel market.

31. Gitanjali Gems

Gitanjali Gems offers branded jewellery and is among the top company in Indian market. It is focusing upon diamond and jewellery manufacturing nowadays. It is also ready to make waves in India-branded jewellery and retail market, whereas it is also preparing to launch international-branded jewellery too.

32. Prime Focus

Prime Focus is a leading visual entertainment services company based in Mumbai. It offers visual effects (VFX), 3D and post-production services. It is growing at a rapid rate as more and more movies are resorting to 3D and visual effects.

33. Ind-Swift Laboratories

Based in Chandigarh, Ind-Swift Laboratories manufacturers bulk drugs. Nearly 40% of its revenues come from exports while the domestic market is also picking up fast.

34. Geodesic

An electronic gizmo producer excels in making smart phones, tablets and computers. It attained popularity through its product called Mundu, an instant messenger that could run across multiple platforms.

35. Petronet LNG

It is India’s biggest liquefied natural gas (LNG) importer. Recently, it has been benefitting from increased domestic demand because of poor supply from Reliance’s gas fields.

36. Rajesh Exports

Rajesh Exports’ 95% revenues come from international business and exports but nowadays it is striving hard to attain half of its revenues from its retail chain of Shubh Jewellers.

37. Swaraj Engines

Earlier a part of state owned Punjab Tractors, Swaraj Engines has been bought by Mahindra and Mahindra group. Its Mohali plant is all set to increase its production capacity to 75,000 engines per year.

38. Tulip Telecom

Tulip Telecom is indeed a telecom giant as it has the third largest data centre in the world and the largest in Asia. It offers a wide range of data connectivity solutions including network integration, security and application management.

39. Sun Pharma

The leading pharmaceutical giant has seen its domestic business growing by an average of 21% between the fiscal years of 2007 and 2011. It’s also expanding into US market.

40. Lupin

Lupin has strong domestic and international presence. It is doing well in Japan and USA especially in the oral contraceptives segment, and it’s expected to see a growth of 24% over next two years.

Last Updated on 08/29/2012