These are India’s largest small and mid-sized companies with sales under $1 billion, according to Forbes

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These are India’s largest small and mid-sized companies with sales under $1 billion, according to Forbes
  • The Forbes ‘Asia’s 200 Best Under A Billion 2020’ list has ranked 200 publicly listed small and mid-sized companies in the Asia-Pacific region with sales under $1 billion.
  • It includes 28 Indian companies in the list of a total of 200 companies in the Asia-Pacific region.
  • Here’s a quick look at the top 10 India’s largest companies (by market capitalization) in ‘Asia’s 200 Best Under A Billion 2020’ list.
Forbes has released the annual list of ‘Asia’s 200 Best Under A Billion 2020’ companies. The list ranks 200 publicly listed small and mid-sized companies in the Asia-Pacific region with sales under $1 billion in the last financial year.

It includes 28 Indian companies in the list of a total of 200 companies in the Asia-Pacific region. There are also 19 Chinese companies, and the rest are from Sri Lanka, Taiwan, South Korea, Philippines and other Asian countries. According to Forbes, these companies have scored above their peers in a composite ranking — which includes sales and profit growth, low debt levels and robust governance.

Here’s a quick look at the top 10 India’s largest companies (by market capitalization) in ‘Asia’s 200 Best Under A Billion 2020’ list:
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WNS Global Services

WNS Global Services

The Mumbai-headquartered global business process management company, WNS Global Services took the ranking for the top Indian company with a market value of $2,770 million. The company’s total sales mount up to $927 million with a net income of $117 million.

Hexaware Technologies

Hexaware Technologies

The Navi Mumbai-headquartered IT service management company, Hexaware Technologies was the second-largest company by market cap in the list. The company has a total market capitalization of $1,338 million. The company has a total of $793 million in sales with a net income of $91 million.

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Navin Fluorine International

Navin Fluorine International

The fluorine chemistry, refrigeration gases producer, Navin Fluorine International has a market capitalization of $1,144 million. The company has total sales worth $150 million and a net income of $58 million.

Deepak Nitrite

Deepak Nitrite

The chemical manufacturing company Deepak Nitrite was the fourth-largest company by market capitalization in the Forbes list. The company has an overall market value of $958 million. The total sales of the company stood at $597 million with a net income of $86 million.

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Kaveri Seed

Kaveri Seed

Kaveri Seed claims to be India’s largest agriculture company specializing in hybrid seeds in key Indian crops. The 44-years old company has a total market capitalization of $476 million, and its total sales stood at $131 million with a net income of $37 million.

IOL Chemicals and Pharmaceuticals

IOL Chemicals and Pharmaceuticals

IOL Chemicals and Pharmaceuticals is India’s leading manufacturer of industrial chemicals and bulk drugs supplier. The company has a total market capitalization of $419 million with a net income of $51 million. According to the Forbes list, its total sales stood at $131 million.

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Poly Medicure

Poly Medicure

The India-based manufacturer and exporter of medical devices Poly Medicure was the seventh-largest Indian company as per the ‘Asia’s 200 Best Under A Billion 2020 Ranking.’ The company has a total market capitalization of $359 million, and its net income stood at $14 million with a total sales of $97 million.

Just Dial

Just Dial

The Mumbai headquartered Just Dial, or J.D. provides local search for different services in India over the phone and online. According to the recently released Forbes’ list, it has a total market capitalization of $326 million. Its net income stood at $38 million with total sales of $134 million.

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HG Infra Engineering

HG Infra Engineering

The construction engineering company, H.G. Infra Engineering stood at the ninth place in the Forbes list with a market value of $174 million. Its total sales stood at $313 million and the net income at $23 million.

Dolat Investments

Dolat Investments

The stock, commodities and derivatives market expert Dolat Investments stood as the tenth-largest company in the list of ‘Asia’s 200 Best Under A Billion 2020 Ranking’. The company has a total market cap of $113 million and total sales mounting up to $22 million with a net income at $10 million.

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