Zydus Wellness leads the ETIG’s 2010 list of 100 Fastest Growing Small Companies. It zoomed to the top from fourth position last year. The scrip has benefited immensely due to the merger of Cadila Healthcare’s consumer healthcare business and continues to remain debt-free and cash-rich.
The recently listed Technofab Engineering occupies the second spot, thanks to its impressive profit growth over the last three years. But it is Hawkins Cookers, which stole the show in the top five. It made it to the top three after figuring down in the list at the 19th position last year. A superior profit growth in FY10 helped the company cruise past the likes of Man Infraconstruction, Vinati Organics and VST Tillers Tractors. Vinati Organics shot up from last year’s 14th rank to 8th this year and VST Tillers from 27th to 12th position.
A few seem to have lost their ground compared to last year. Tata Sponge Iron, which stood tall at the third position in 2009 list, has slipped to 20th this year. Similarly, Praj Industries slipped considerably moving down to 83 in the list after being ranked 10th last year. Sulzer India, the topper from last year, recently got delisted and hence couldn’t make it to the list this year.
Among other firms, Bliss GVS Pharma made an impressive entry to the list occupying the fourth position. Man Infra - another newly listed company - entered the list directly at the fifth spot. Plastic goods manufacturer, Mayur Uniquoters, which had failed to make it to last year’s list due to weak interest coverage ratio in the past, has made it this year. The company ranks seventh in this year’s list.
Do refer to the future editions of ET Investor’s Guide to know more about some of the companies in the latest listing.
The recently listed Technofab Engineering occupies the second spot, thanks to its impressive profit growth over the last three years. But it is Hawkins Cookers, which stole the show in the top five. It made it to the top three after figuring down in the list at the 19th position last year. A superior profit growth in FY10 helped the company cruise past the likes of Man Infraconstruction, Vinati Organics and VST Tillers Tractors. Vinati Organics shot up from last year’s 14th rank to 8th this year and VST Tillers from 27th to 12th position.
A few seem to have lost their ground compared to last year. Tata Sponge Iron, which stood tall at the third position in 2009 list, has slipped to 20th this year. Similarly, Praj Industries slipped considerably moving down to 83 in the list after being ranked 10th last year. Sulzer India, the topper from last year, recently got delisted and hence couldn’t make it to the list this year.
Among other firms, Bliss GVS Pharma made an impressive entry to the list occupying the fourth position. Man Infra - another newly listed company - entered the list directly at the fifth spot. Plastic goods manufacturer, Mayur Uniquoters, which had failed to make it to last year’s list due to weak interest coverage ratio in the past, has made it this year. The company ranks seventh in this year’s list.
Do refer to the future editions of ET Investor’s Guide to know more about some of the companies in the latest listing.
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