One of the youngest media moguls from India, Dr. Anurag batra is a serial entrepreneur and a mentor to many successful entrepreneurs. He is a man of many talents and someone who adorns many hats. Anurag Batra is also an author, an angel investor and a TV show host and the founder of the iconic exchange4media group and Chairman BW Businessworld group. BW Businessworld presents the 2022 edition of the Fastest Growing Companies study after a deep-dive into the financials of the listed companies followed by intelligent number crunching.
Dr. Anurag batra, Editor-in-Chief, e4m & BW Businessworld presents his views on this study. “Sustaining a steady growth momentum for listed companies is in itself a creditable performance. We at BW Businessworld are happy to present our annual special issue capturing the Fastest Growing Companies, based on an in-depth study and after a deep-dive into the financials of listed companies followed by intelligent number crunching”, he said.
The research was carried out by our knowledge partner, TechSci Research. The period under review are the five financial years between 2017–18 and 2021–22. The list is based on a study of revenue and profitability data for these last five financial years. Companies in sectors like steel, cement, energy, chemicals, packaging, telecommunication, biotech and healthcare have emerged as the fastest growing in each of the financial categories.
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“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 JSW Steel, UltraTech Cement, Grasim Industries, Tata Steel and Bharti Airtel. In the ‘Heavyweight’ segment, where net sales are between Rs 10,000 crore and Rs 49,999 crore, Deepak Nitrite, AGC Networks, Godawari Power & Ispat and J.K. Lakshmi Cement were in the forefront”, Anurag batra said.
The ‘Middleweight’ category had companies with revenue between Rs 1,000 crore and Rs 4,999 crore. It had Apollo Healthcare, Indus Towers, Gokul Agro Resources, Gujarat Gas and APL Apollo Tubes showing the fastest rate of growth. In the ‘Welterweight’ category of companies with net sales between Rs 1,000 crore and Rs 4,999 crore, Kirloskar Ferrous, Laurus Labs, TinPlate Company, Narayana Health and Cosmo First bagged the top ranks. Several profiled companies clocked record growth numbers in FY2022 while maintaining a healthy growth rate in the previous two fiscal years despite the Covid-induced challenges, Anurag batra concluded.