12‘ WEDNESDAY, SEPTEMBER 22, 2010, DELHI www.livemint.

com

Survey mint

TOP 100
Here is a close, sector-wise look at the top
100 companies on ‘Inc.’ magazine’s list of India’s 500 best-
performing midsize enterprises. What do they do? How have
they grown in the past three years?

METHODOLOGY
Name: KND Engineering Technologies
IT & ITES Name: Core Projects & Technologies REAL ESTATE RANK 78
No. of companies 50 RANK 40 No. of companies 30
Net sales: R406 crore Net sales: R148 crore
Total revenue R23,172 crore Total revenue R18,963 crore
Founded: 2003 Founded: 1964
When ‘Inc.’ decided to wade into the at the respective numbers for revenue Median turnover R397 crore Median turnover R522 crore
What it does Its products and solutions What it does It provides civil construction
unchartered waters of midsize enterprises growth and net income growth. Finally, Median profit R17 crore
Median profit R59 crore provide assessment and intervention, services to steel plants, housing and infra-
in India, it had a choice to make between profitability was calculated by taking a structure sectors, and to oil and petroleum
compliance and reporting, student
looking at sales growth over a period of simple average of net profit margins and Name: Peninsula Land industries.
Name: Glodyne Technoserve information systems and campus man-
time and studying the overall performance operating profit margins. agement solutions.
RANK 6
RANK 8
of a company. Sales, after all, isn’t the only Further, the returns parameter was Net sales: R731 crore
Net sales: R611 crore Name: Unity Infraprojects
indicator of how well a company is doing. calculated as an average of the return on Founded: 1997
Founded: 1997 Name: MindTree RANK 97
Eventually, to assess high growth, it chose capital employed (ROCE) and the return What it does An arm of the Ashok Piramal
What it does It offers business solutions RANK 43 Net sales: R1,367 crore
companies with net sales between R50 on equity (ROE)1, both available in the Group, this integrated real estate manage-
across two strategic business units— tech- Net sales: R1,167 crore Founded: 1997
crore and R1,500 crore in the most recent balance sheet of a company, for the past ment company has planned and developed 20
nology infrastructure management and Founded: 1999 What it does A flagship unit of the
million sq. ft of real estate. Its stronghold lies in
year. To begin with, it created a master three financial years (2006-07, 2007-08 application software services. What it does It specializes in IT services, Mumbai-based KK Group of companies, it
western India.
list of more than 3,000 companies across and 2008-09). independent testing, infrastructure man- deals in concrete block manufacturing and
35 sectors. Of this list, nearly 40% were ‘Inc.’ made two adjustments—the first Name: ICSA (India) agement and technical support, knowl- quarrying, hotel and organized retailing.
Name: Man Infraconstruction
dropped for lack of requisite data. Banks involved converting all parameters to a RANK 10 edge services and product engineering
RANK 7
and financial institutions were excluded, scale of 0 to 100 for comparison purposes Net sales: R1,216 crore and software-product engineering.
Net sales: R529 crore
and so were public sector units (PSUs). using the following equation. Founded: 1994 PHARMACEUTICALS
Founded: 2002
The rationale was that it’s difficult to What it does It provides technology Name: eClerx Services No. of companies 39
parameterj What it does It is an infrastructure
define revenue for the former, and PSUs ith company’s score on parameterj = 50* solutions to the power sector by identify- RANK 50
parameterj’s universe average construction company headquartered in Total revenue R22,724 crore
can hardly be considered independent enti- ing transmission and distribution losses Net sales: R197 crore Mumbai. Along with its subsidiaries, it is Median turnover R393 crore
ties with commercial objectives. The conversion equation assumes an and monitoring power consumption. Founded: 2000 involved in residential, industrial and Median profit R20 crore
The set of companies went through inverted bell-shaped probability distribu- What it does Headquartered in Mum- commercial projects.
a weighted analysis of the following tion for all parameters. The converted Name: Geodesic bai, its portfolio comprises data analyt-
number then represents the ith company’s RANK 11 ics and audits, operations management, Name: Mankind Pharma
financial parameters, annualized for Name: ARSS Infrastructure Projects RANK 13
score on the parameter j (j running Net sales: R500 crore metrics management, and reporting
comparison: RANK 30 Net sales: R840 crore
from 1 to 4, i.e. size, revenue growth, net Founded: 1999 services.
Net sales: 810 crore
1. Revenue growth income growth, profitability, and returns). What it does Its real-time content, com-
Founded: 2000
Founded: 1995
munication and collaboration platform, What it does Among the top pharma
2. Net income growth These scores were then ranked to assess Name: Zensar Technologies What it does A construction firm of India, firms in India, it enjoys a substantial
the company’s performance on each works seamlessly across the Web and RANK 72
3. Profitability, and it is engaged in railways, road, market presence in the antibiotics, antifun-
parameter. mobiles, addressing retail segments. Net sales: R462 crore highway, bridge and irrigation sectors. gal, gastrointestinal and cardiovascular
4. Returns The second adjustment normalized Founded: 1963
categories.
To evaluate the “performance” of these revenue and net income growth rates to Name: Syntel What it does A software and IT services
Name: Ahluwalia Contracts (India)
companies, the ranking model took into address anomalies. RANK 15 company offering a range of integrated IT
RANK 41 Name: Torrent Pharmaceuticals
account net sales, operating profits and Net sales: R902 crore and business process outsourcing (BPO)
Finally, all companies were ranked on Net sales: 1,384 crore RANK 36
Founded: 1980 products and services.
profit after tax for each company for the basis of scores assigned for each pa- Founded: 1979 Net sales: R1,324 crore
What it does A leading provider of
the past three calendar years—2007 rameter. The model gave higher weights to What it does Ahluwalia Contracts (India) Founded: 1959
integrated IT and knowledge processing Name: Bartronics India
to 2009— and added up the relevant calendar year data and lower to financial constructs buildings and manufactures What it does It is a dominant player in the
outsourcing solutions spanning lifecycles RANK 89
quarterly data. year data. The top 500 companies from ready-mix concrete for buildings. detection and cure of cardiovascular and
of business and information systems and Net sales: R521 crore
The compound annual growth rates the universe were selected as the ‘Inc.’ central nervous system disorders.
processes. Founded: 1990
(CAGR) of net sales and net profits for the India 500. Name: J Kumar Infraprojects
What it does It provides solutions
past three years were calculated to arrive Name: Allied Digital Services using automatic identification and data RANK 53 Name: Ipca Laboratories
Net sales: R406 crore RANK 51
RANK 18 capture technology, covering card, bar
Founded: 1980 Net sales: R1,498 crore
Note 1: All parameters were annualized for comparison purposes; data sources were Capitaline, companies’ annual Net sales: R439 crore code, data communication, and RFID
reports and online registration. Note 2: This automatically penalises older data (data as on April 2009) by placing What it does Its principal activity is civil Founded: 1949
Founded: 1995 technologies.
higher weights on the more recent data (i.e. data as on December 2009) engineering construction in infrastructure What it does It is engaged in import
What it does An outsourcing company in IT and marketing of pharmaceutical
Next: The full list of 500 companies management and technical support; helps projects—mainly commercial structures,
Name: 3DPLM Software Solutions formulations and active pharmaceutical
large- and medium-enterprises using a dams and canals, and roads and highways.
RANK 94 ingredients.
combination of on site and remote services. The company is based out of Mumbai.
Net sales: R136 crore
Founded: 2002 Name: Intas Pharmaceuticals
Name: Rolta India What it does 3DPLM is the world’s Name: Prestige Estates Projects
RANK 52
RANK 26 leading provider of CAD tools and prod- RANK 67 Net sales: R1,146 crore
Net sales: R1,002 crore uct life cycle management solutions. It Net sales: R831 crore Founded: 1976
Founded: 1982 is also the secondlargest R and D lab for Founded: 1986 What it does It engages in research,
What it does It chiefly operates in three Dassault Systemes. What it does Set up in 1985, it is one development, and manufacture of medi-
business segments: Geographic informa- of the leading property developers in cines for chronic or acute conditions.
tion system, engineering and design Bengaluru, and has developed 13 million
services and enterprise information and sq. ft of space.
communication technology.
mint SURVEY 13
WEDNESDAY, SEPTEMBER 22, 2010, DELHI ° WWW.LIVEMINT.COM

oximeters and sensors, fluid warmers,

Company Name: USV Name Pradip Overseas Name: Zydus Wellness Name: Hanung Toys and Textiles
cholesterol monitors, stents, multiparam-
RANK 69 CEMENT RANK 61 eter monitors and digital thermometers.
RANK 56 RANK 81
Net sales: R837 crore No. of companies 21 Net sales: R1,171 crore Net sales: R249 crore Net sales: R732 crore
Founded: 1961 Total revenue R13,327 crore Founded: 1980 Founded: 1994 Founded: 1990
Median turnover R593 crore What it does One of the leading Name: Mahindra Holidays and What it does It is a manufacturer-cum- What it does Makes and exports soft
What it does It deals mainly in
pharmaceutical ingredients and is Median profit R31 crore exporters of the country, it has its own Resorts India seller of consumer products, such as toys and home furnishings.
an established in medical research. processing house that covers a range RANK 22 EverYuth.
Name: Rain Commodities of products. Net sales: R393 crore
Name: Ess Dee Aluminium
RANK 31 Founded: 1996
Name: FDC Name: OnMobile Global RANK 82
RANK 74 Net sales: R810 crore What it does Offers holidays through a Net sales: R439 crore
Name: Mandhana Industries RANK 57
Net sales: R639 crore Founded: 1974 vacation-ownership product. Founded: 2004
RANK 90 Net sales: R327 crore
Founded: 1936 What it does A cement manufacturer, it What it does Makes packaging material;
Net sales: R463 crore Founded: 2000
What it does It manufactures healthcare also engages in calcined petroleum coke Name: Orbit Corp.
Founded: 1984 What it does Telecommunication serv- aluminium foil-based and PVC-based
(CPC) trade and power generation.
products such as therapeutics, specialized What it does A manufacturer of textiles RANK 23 thermoforming.
ices and value-added software products.
food and bulk drugs. and garments, it is involved in designing, Net sales: R447 crore
Name: Mangalam Cement dyeing, weaving, processing and garment Founded: 2000
RANK 38 Name: Nagarjuna Agrichem Name: Diamond Power Infrastructure
Name: Surya Pharmaceutical making. What it does Redevelops cessed and RANK 84
Net sales: R633 crore RANK 59
RANK 77 dilapidated buildings in Mumbai. Net sales: R760 crore
Founded: 1978 Net sales: R653 crore
Net sales: R975 crore Founded: 1970
What it does An offshoot of the House Founded: 1994
Founded: 1992 What it does Provides power transmis-
What it does Its portfolio includes
of Birla, its products include Birla Uttam OTHERS Name: Koutons Retail India What it does Manufactures pesticide
sion and distribution service and is an
Cement-43 Grade and Portland This includes other sectors, which do RANK 24 and custom-manufactured chemicals.
active pharmaceutical ingredients, equipment maker.
Pozzolana. not have a significant number of com- Net sales: R1,047 crore
finished drug formulations, and menthol
derivatives. panies. These are glass, tyres, cables, Founded:1994
What it does It manufactures and retails Name: Symphony Comfort Systems Name: Tinplate Company of India
Name: JK Lakshmi Cement auto ancillaries, chemicals, and so on.
clothing for men, women and kids. RANK 60 RANK 85
RANK 45
Name: Ankur Drugs & Pharma Net sales: R140 crore Net sales: R753 crore
RANK 83 Net sales: R1,414 crore Name: Nava Bharat Ventures Founded: 1988 Founded: 1920
Net sales: R1,048 crore Founded: 1982 RANK 1 Name: Marathon Nextgen Realty What it does A manufacturer and im- What it does Makes tin-coated and
Founded: 1995 What it does It offers three variants of Net sales: R1,161 crore RANK 25
cement through a network of 70 cement porter of portable evaporative air-coolers. tin-free steel sheets; electrolytic tinplates,
What it does It manufactures and Founded: 1972 Net sales: R160 crore
dumps and more than 2,200 dealers. What it does Involved in power (indus- etc.
market 400 pharmaceutical formulations Founded: 1969
in forms of tablets, capsules, liquid orals trial and merchant plants), ferro alloys, What it does It operates in two Name: Deepak Fertilisers & Petro-
and dry syrups. Name: OCL India infrastructure and sugar. segments—property development chemicals Corp. Name: Allcargo Global Logistics
RANK 47 and lease rental. RANK 62 RANK 86
Net sales: R1,306 crore Name: Educomp Solutions Net sales: R1,279 crore Net sales: R516 crore
Founded: 1949 RANK 2 Founded: 1970 Founded: 1993
NON-ELECTRICAL What it does Having diversified from Net sales: R743 crore
Name: Coastal Projects What it does Makers of multiple prod- What it does Offers container freight
RANK 27
EQUIPMENT cement to refractories, it has produced Founded:1994
Net sales: R937 crore
ucts, including chemicals, petrochemicals, stations, and ocean, air and land logistics.
No. of companies 45 some of the largest refractory plants in What it does Provides diversified fertilizers and agri-inputs.
Founded: 1995
Total revenue R19,509 crore the country. solutions to both educators and learners Name: WABCO-TVS (India)
What it does It does underground exca-
Median turnover R227 crore across the globe. Name: Balkrishna Industries RANK 87
vation work, and road work projects.
Median profit R24 crore RANK 63 Net sales: R426 crore
Name: Sun TV Network Net sales: R1,270 crore Founded: 2004
Name: Titagarh Wagons
ELECTRICAL RANK 4 Name: Emami What it does Manufactures air-assisted
Founded: 1961
RANK 32 EQUIPMENT Net sales: R1,279 crore RANK 28 What it does Manufactures paper, paper and air-brake systems for commercial
Net sales: R689 crore No. of companies 18 Founded: 1985 Net sales: R868 crore board and automobile tyres. vehicles.
Founded: 1997 Total revenue R8,545 crore What it does Runs 20 TV channels, 45 Founded: 1974
It manufactures railway wagons, bailey Median turnover R352 crore FM stations, two newspapers, four maga- What it does Makers of FMCG products, Name: Eros International Media Name: Bannari Amman Sugars
bridges, heavy earth-moving and mining Median profit R41 crore zines and the largest direct-to-home such as Navratna Oil and Zandu Balm. RANK 65 RANK 88
equipment, among others. satellite TV services. Net sales: R479 crore Net sales: R847 crore
Name: Amara Raja Batteries Name: Bharati Shipyard Founded: 1994 Founded: 1983
Name: Tecpro System RANK 39 Name: Godrej Consumer Products RANK 29 What it does Produces and commissions What it does Manufactures sugar,
RANK 34 Net sales: R1,362 crore RANK 5 Net sales: R1,306 crore film projects, and has distribution deals. alcohol, power and granite tiles.
Net sales: R707 crore Founded: 1985 Net sales: R1,262 crore Founded: 1973
Founded: 1990 What it does It distributes lead, acid Founded: 2000 What it does Involved in ship manufac- Name: Temptation Foods Name: HBL Power Systems
It undertakes turnkey projects in storage batteries for the industrial What it does Makes consumer goods turing and repairing, and windmill power. RANK 68 RANK 91
solid-handling systems (belt and slat and automotive markets, and heavy such as Cinthol and Ezee, that are house-
conveyors, and bucket elevators). Net sales: R1,134 crore Net sales: R1,094 crore
industries. hold names.
Name: Lanco Kondapalli Power Founded: 1991 Founded: 1986
RANK 33 What it does Processes frozen vegeta- What it does Designs and manufactures
Name: TRF Name: Techno Electric and Name: Bajaj Corp
Net sales: R1,247 crore bles and fruits, and gourmet products. specialized batteries and DC systems.
RANK 42 RANK 9
Engineering Co. Founded:1993
Net sales: R699 crore Net sales: R244 crore
RANK 55 What it does An integrated infrastruc- Name: aurionPro solutions
Founded: 1962 Founded: 2006 Name: Greenearth Resources
Net sales: R540 crore ture enterprise operating across verticals. RANK 92
What it does It operates in bulk material- What it does Makes hair-care products and Projects
handling equipment and systems divi- Founded: 1963 Net sales: R274 crore
What it does Engaged in power projects, that are exported to countries such as RANK 70
sions, port and yard equipment, among UAE. Name: Hindusthan National Glass Founded: 1997
it has worked in setting up over 50% Net sales: R441 crore
others. What it does Provides software products
of the power generating plants in the RANK 35 Founded: 1994
and IT consulting services to financial
country. Name: Aban Offshore Net sales: R1,324 crore What it does Manufactures low-ash
Name: Texmaco industry.
RANK 12 Founded: 1946 metallurgical coke in Indian refractories.
RANK 44 What it does Manufactures glass con-
Name: Transformers and Net sales: R1,128 crore
Net sales: R902 crore Name: Kemrock Industries and Exports
Rectifiers (India) Founded: 1986 tainers ranging from 5-3,200 millilitres. Name: Zee Entertainment Enterprises
Founded: 1939 RANK 93
What it does It was established as a RANK 71
What it does It manufactures and sells RANK 64 Net sales: R433 crore
small Chennai-based engineering firm— Name: Monnet Ispat and Energy
heavy engineering products, including Net sales: R481 crore Net sales: R1,130 crore Founded: 1981
Aban Constructions. RANK 37
railway freight cars and agro machinery. Founded: 1994 Founded: 1992 What it does Manufactures fabric-
What it does Catering to the power Net sales: R1,412 crore What it does Largest producer and enforced polymer and GRP composite
Name: Sanghvi Movers transformer sector, it is the thirdlargest in Name: Clearing Corporation of India Founded: 1990 aggregator of Hindi programming in the products.
RANK 66 terms of capacity. RANK 14 What it does Manufactures sponge, world.
Net sales: R337 crore Net sales: R268 crore steel and ferro alloys.
Founded: 2001 Name: Malana Power Co.
Founded: 1989 Name: Navin Fluorine International
What it does It provides heavy-lift and What it does Manages electronic trading RANK 95
maintenance services for large-scale TEXTILES platforms. Name: Nuziveedu Seeds RANK 75 Net sales: R185 crore
No. of companies 18 RANK 46 Net sales: R416 crore Founded: 1997
projects.
Total revenue R9,689 crore Net sales: R551 crore Founded: 1967 What it does Merchant hydro power
Name: Mundra Port and Special
Median turnover R452 crore Economic Zone Founded: 1973 What it does Manufactures special plant.
Name: Supreme Infrastructure
Median profit R14 crore RANK 17 What it does Produces hybrid seeds of organic and inorganic fluorochemicals,
RANK 73
Net sales: 1,135 crore cotton and other field crops such as corn bulk fluorochemicals, refrigerant gases, Name: Mcleod Russel India
Net sales: R404 crore
Founded: 1983 Name: Reid & Taylor (India) Founded: 1998 and rice. and alkylated anilines and toluidines. RANK 98
What it does The company undertakes RANK 3 What it does Provides cargo handling Net sales: R1,008 crore
engineering works of unrestricted value Net sales: R653 crore and value-added port services. Name: Compact Disc India Name: Jagran Prakashan Founded: 1869
with mainly government departments, Founded: 1998 RANK 48 RANK 76 What it does Produces 100 million
as well as public and private sector What it does It focuses mainly on men’s Name: AIA Engineering Net sales: R216 crore Net sales: R893 crore kg of tea per year; and is involved in
organizations. off-the-peg segment, and has a market RANK 19 Founded: 1992 Founded: 1975 agricultural projects.
share of 18%. It also supplies fabrics to Net sales: R807 crore What it does Involved in production, What it does Publishes a newspaper and
Name: Hindustan Dorr-Oliver the firm’s Scotland branch. Founded: 1991 distribution and financing of films and monthly magazines, among others. Name: DB Corp.
RANK 96 What it does Manufactures, installs and television serials. RANK 99
Net sales: R786 crore Name: Vardhman Yarns and Threads services high chromium castings. Net sales: R921 crore
Founded: 1974 RANK 16 Name: Sesa Industries
Name: Dolphin Offshore RANK 79 Founded: 1995
What it does An engineering, procure- Net sales: R347 crore Name: Vuppalamritha Magnetic What it does Involved in media, enter-
ment, and construction (EPC) company Founded: 2000 RANK 49 Net sales: R586 crore
Components Net sales: R536 crore Founded: 1992 tainment, textile, consumer goods, oils,
provides engineered solutions, technolo- What it does Its portfolio includes yarn, RANK 20 Founded: 1979 solvents and Internet.
gies and EPC installations in liquid-solid greige and processed fabric, sewing What it does A diversified metal
Net sales: R669 crore
separation applications. thread, acrylic fibre and the manufacturer What it does Provides diving and under- and mining company. The group has been
Founded: 1998 Name: Hindustan Colas
of alloy steel. water services to oil and gas industries; involved in iron ore mining,
What it does Telecom backbone transmis- RANK 100
turnkey EPC construction, topside beneficiation and exports, and engages in
sion equipment, customer premises equip-
hook-up and fabrication, inspection and producing pig iron and metallurgical coke. Net sales: R352 crore
Name: SEL Manufacturing Company ment and power conversion products.
maintenance and, ship repair. Founded: 1995
RANK 58
What it does Manufactures bitumen
Net sales: R834 crore Name: Opto Circuits (India) Name: EID Parry (India)
emulsions, modified bitumen and
Founded: 2000 RANK 21 Name: Marg RANK 80 value-added bituminous products;
What it does A pioneer in the fields of Net sales: R455 crore RANK 54 Net sales: R1,053 crore provides a range of road
exports and supply of yarns, fabrics and Founded: 1992 Net sales: R705 crore Founded: 1788
garments. It operates four units, a single application-related products.
What it does Makers of medical Founded: 1994 What it does Manufactures sugar,
knitting facility and a complete equipment and devices, such as pulse What it does It provides infrastructure biopesticides and neutraceuticals.
processing house. solutions to ports, SEZs and IT parks.