Adani Enterprises, Mindtree, L&T Infotech among 10 most consistent wealth creators in 2017-2022: Motilal Oswal

Dec 9, 2022

By: Vaamanaa Sethi

Adani Enterprises

Price CAGR: 97 percent | Adani Enterprises has outperformed the BSE Sensex in all the last five years, and has the highest price compounded annual growth rate (CAGR) of 97 percent.

Credit: BCCL

Alkyl Amines

Price CAGR: 74 percent | The return on equity (ROE) of the amines and amine–based chemicals supplier company grew from 20 percent in 2017 to 23 percent in 2022.

Credit: BCCL

Coforge

Price CAGR: 59 percent | The Noida-based IT company’s ROE increased from 16 percent in 2017 to 24 percent in 2022.

Credit: BCCL

Mindtree

Price CAGR: 57 percent | Bangalore-based IT major’s profit after tax (PAT) saw a compounded annual growth rate of 32 percent in 2017-2022.

Credit: BCCL

L&T Infotech

Price CAGR: 54 percent | The IT services and consulting company saw its return on equity decrease from 30 percent in 2017 to 26 percent in 2022.

Credit: BCCL

SRF

Price CAGR: 52 percent | The return on equity for the Indian chemical conglomerate grew from 16 percent in 2017 to 22 percent in 2022.

Credit: BCCL

Divi’s Labs

Price CAGR: 48 percent | The pharmaceutical company’s return on equity jumped from 20 percent in 2017 to 25 percent in 2022.

Credit: BCCL

Astral

Price CAGR: 44 percent | The CPVC pipes and fitting manufacturer’s profit after tax saw a compounded annual growth rate of 27 percent between 2017 and 2022.

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Varun Beverages

Price CAGR: 39 percent | The company that produces, bottles and distributes beverages recorded a 72 percent compounded annual growth rate in profit after tax between 2017 and 2022.

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Aarti Industries

Price CAGR: 39 percent | The manufacturer of speciality chemicals and pharmaceuticals saw its return on equity decline from 23 percent in 2017 to 22 percent in 2022

Credit: BCCL

Motilal Oswal report

The rankings are from Motilal Oswal 27th Annual Wealth Creation Study.

Credit: BCCL

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