Dec 10, 2022
By: Sourabh JainThese are the top 10 wealth creators in India in the last five years according to Motilal Oswal’s Annual Wealth Creation Study.
Credit: Canva
Compounded annual growth rate CAGR is the annualized average rate of revenue growth between two or more years. Here, we look at the CAGR from 2017 to 2022.
Credit: Canva
Adani Transmission has topped the list with a CAGR of 106 percent. The company’s market cap has increased from ₹7,100 crore in 2017 to ₹2.6 lakh crore in 2022.
Credit: Adani-Transmission
The next company on the list is Tanla Platforms, with a CAGR of 100 percent. The company’s market cap has increased from ₹500 crore in 2017 to ₹20,700 crore in 2022.
Credit: Tanla-Platforms
Another Adani company, Adani Enterprises has occupied the third spot with a CAGR of 97 percent. The company’s market cap has increased from ₹11,900 crore in 2017 to ₹2.21 lakh crore in 2022.
Credit: Adani-Enterprises
Brightcom Group with a CAGR of 92 percent is fourth on the list of fastest wealth creators. The company’s market cap has increased from ₹400 crore in 2017 to ₹19,700 crore in 2022.
Credit: Brightcom-Group
Tata Tele. (Mah.) is fifth on the list with a CAGR of 87 percent. Its market cap has increased from ₹1,400 crore in 2017 to ₹32,600 crore in 2022.
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Chemical manufacturer Deepak Nitrate takes the sixth spot with a CAGR of 76 percent. The company’s market cap increased from ₹1,700 crore to ₹30,600 in the last five years.
Credit: Deepak-Nitrite
The next company on the list is Alkyl Amines with a CAGR of 74 percent. From 2017 to 2022, the company’s market cap increased from ₹900 crore to ₹14,600 crore.
Credit: Alkyl-Amines
Tata Elxsi occupies the eighth spot on the list with a CAGR of 65 percent. The company’s market cap increased from ₹4,600 crore in 2017 to ₹55,100 crore in 2022.
Credit: Tata-Elxsi
Coforge is ninth on the list with a CAGR of 59 percent. Its market cap has increased from ₹2,700 crore in 2017 to ₹27,100 crore in 2022.
Credit: Coforge
The final spot is occupied by Mindtree with a CAGR of 57 percent. The company’s market cap has increased from ₹7,600 crore in 2017 to ₹70,900 crore.
Credit: Mindtree