Five Indian Companies Among Top 15 Asian Energy Companies

Platts, a leading global energy and metals information provider and a division of The McGraw-Hill Companies (NYSE: MHP), today announced the 2009 Platts Top 250 Global Energy Company Rankings™. India has raced past China in this year's energy rankings with five Indian corporations featured in the top 15 Asian companies whereas China had three. The top 250 global energy rankings include 55 Asian companies, down from 59 in 2008. The prominent names in the list include namely Reliance Industries Ltd, Oil & Natural Gas Corporation Ltd, Indian Oil Corporation Ltd, NTPC Ltd and Bharat Petroleum Corporation Ltd. In total nine Indian companies featured in the Top 250.

"2009 was the year for India. While the developed world tightened its purse strings and almost ground to a halt, India's petroleum sector came out to play ignoring the recession and preparing for the years ahead. This is also where India's path diverged from that of its formidable Asian competitor China. While Beijing went on a major shopping spree for energy assets around the world, India invested in itself," said Ms. Vandana Hari, Platts Asia News Director in Singapore. "India's ability to manage international perceptions through the transition phase is a key in its aspiration to bring larger areas of its sedimentary basins under exploration," she further added.

Power Grid Corporation of India was one of the Asian newcomers and also featured in the fastest growing global energy companies for 2009. Reliance Infrastructure Ltd. was ninth globally, based on a compound growth rate (CGR) of 46 percent, also making the list for the first time this year.

The Platts Top 250 Global Energy Company Rankings™ measures financial performance by examining each company's assets, revenue, profits, and return on invested capital. The underlying data comes from Capital IQ, a database compiled and maintained by Standard & Poor's, which, like Platts, is a division of The McGraw-Hill Companies. To be ranked, companies must have assets greater than US$2 billion and must be publicly listed. The Energy companies are grouped according to their Global Industry Classification Standard (GICS®) code.

The number of Asian companies on the Top 250 list has remained fairly consistent over the past five years. The Asian companies on the list represent all sectors except storage and transportation, with nearly half (27) coming from the utilities sector and 14 from refining and marketing. Asian companies made up more than 20% of the 50 fastest growing companies list, and also took three of the top 10 places in the R&M category.

100 Fastest Growing Small Companies - 2009

100 Fastest Growing Small Companies - 2009

Table 1 | Table 2

Rank	Company Name	Industry	Total Income growth(%)	Op. Profit growth (%)	Net Profit growth(%)	ROCE(%)**
1	Sulzer India	Capital Goods	36.1	34.4	163.4	61.1
2	Oil Country Tubular	Steel	36.3	68.2	212.7	75.8
3	Tata Sponge Iron	Steel	46.2	90.0	159.8	37.7
4	Zydus Wellness	FMCG	107.0	141.2	166.9	48.4
5	Liberty Phosphate	Fertilisers	72.4	97.7	361.5	30.7
6	Rain Commodities	Cement & Cement Products	14817.8	2191.5	-4989.5	21.3
7	Engineers India	Capital Goods	35.3	39.4	35.0	32.0
8	India Infoline	Finance	199.5	85.1	88.9	25.4
9	CRISIL	Miscellaneous	69.5	79.5	97.4	45.4
10	Praj Industries	Capital Goods	54.6	85.2	105.9	72.9
11	Tide Water Oil	Oil & Gas	26.9	61.6	62.8	26.2
12	KS Oils	Solvent Extraction	76.0	143.9	143.1	35.5
13	Relaxo Footwears	Leather & Leather Products	28.3	41.0	66.2	24.2
14	Vinati Organics	Pharmaceuticals	52.8	91.2	159.0	30.2
15	Bajaj Electricals	Consumer Durables	27.4	38.5	46.9	36.5
16	Nava Bharat Ventures	Diversified	44.7	82.6	135.8	32.7
17	Orient Paper & Industries	Diversified	20.8	59.8	247.2	50.6
18	IL&FS Investment Managers	Finance	61.6	67.9	78.3	88.3
19	Hawkins Cooker	Consumer Durables	22.3	50.5	64.3	71.3
20	Nagarjuna Agrichem	Pesticides & Agrochemicals	20.7	27.5	29.5	31.8
21	Diamond Power Infrastructure Ltd	Cables	302.9	115.7	877.8	17.3
22	TRF	Capital Goods	38.1	67.0	93.8	54.1
23	Fem Care Pharma	FMCG	24.7	9.5	29.3	45.3
24	National Peroxide	Chemicals	29.1	40.3	60.4	23.9
25	Sagar Cements	Cement & Cement Products	35.2	150.8	281.1	31.3
26	Divi's Laboratories	Pharmaceuticals	49.9	63.0	92.2	42.9
27	VST Tillers Tractors	Automobiles	31.0	48.1	62.0	40.5
28	Jindal Drilling & Industries	Oil & Gas	52.6	59.3	71.3	22.8
29	Texmaco	Capital Goods	45.7	55.7	66.5	36.8
30	Supreme Industries	Plastic Products	18.2	31.0	55.0	27.4
31	Dhanuka Agritech	Pesticides & Agrochemicals	99.9	96.5	82.9	39.0
32	Bharati Shipyard	Shipping	51.4	42.3	38.1	19.0
33	WPIL	Capital Goods	35.2	49.7	176.7	30.2
34	HeidelbergCement India	Cement & Cement Products	25.4	-55.3	-436.0	14.8
35	Havells India	Capital Goods	27.7	26.2	34.3	35.7
36	ICSA India	Infotech	160.6	154.9	139.1	46.9
37	Tilaknagar Industries	Breweries & Distilleries	52.1	91.2	407.4	36.6
38	Ratnamani Metals & Tubes	Steel	44.5	44.1	37.0	40.5
39	Gujarat Fluorochemicals	Chemicals	66.0	88.2	192.7	32.4
40	Nitta Gelatin India	Chemicals	23.6	89.8	-45.1	16.5
41	Shilpa Medicare	Pharmaceuticals	36.3	51.4	34.9	19.9
42	TTK Prestige	Consumer Durables	21.6	25.5	46.9	26.9
43	Amara Raja Batteries	Dry Cells	55.8	54.7	60.8	25.5
44	Confidence Petroleum India	LPG Bottling	2563.8	1051.5	-132.3	22.6
45	Hindustan Dorr-Oliver	Capital Goods	54.4	83.0	73.4	27.4
46	Mcnally Bharat Engineering Co.	Capital Goods	26.1	47.2	115.0	20.7
47	Best & Crompton Engg.Ltd.	Capital Goods	375.9	-374.5	-416.5	11.3
48	KPIT Cummins Infosystems	Infotech	35.6	39.6	36.1	22.5
49	Anjani Portland Cements	Cement & Cement Products	53.5	113.7	20860.8	33.2
50	Gujarat Gas Company	Oil & Gas	29.0	24.2	25.6	32.5
51	Bayer Cropscience	Pesticides & Agrochemicals	29.7	27.9	34.1	24.0
52	KCP	Cement & Cement Products	28.5	59.2	71.1	41.1
53	J K Lakshmi Cement	Cement & Cement Products	29.5	44.6	80.5	22.2
54	JK Cements	Cement & Cement Products	21.4	51.2	148.1	29.1
55	Opto Circuits (India)	Consumer Durables	56.5	69.2	63.1	35.2
56	Micro Technologies (India)	Infotech	59.1	68.8	54.8	25.7
57	Gujarat Reclaim & Rubber Prod	Rubber & Rubber Products	31.0	35.8	35.5	40.2
58	Geodesic	Infotech	78.6	70.8	66.9	26.7
59	Honeywell Automation India	Consumer Durables	26.4	36.3	34.6	42.2
60	Kesoram Industries	Diversified	34.7	71.7	192.0	26.9
61	JMC Projects (India)	Construction	126.4	163.4	400.7	24.9
62	Orient Abrasives	Abrasives	23.4	32.7	35.7	23.9
63	TIL	Capital Goods	23.7	24.2	52.2	31.4
64	OCL India	Cement & Cement Products	24.4	38.8	53.2	20.2
65	Gujarat Mineral Development Corpn.	Mining & Minerals	27.8	30.7	111.7	21.9
66	Ushdev International	Trading	128.0	117.3	562.2	33.3
67	Sterlite Technologies	Cables	62.3	44.5	57.5	15.1
68	PSL	Steel	36.7	25.7	19.5	19.6
69	UB Engineering	Capital Goods	27.6	-27.4	-18.9	11.2
70	Temptation Foods	FMCG	352.8	233.3	232.2	24.6
71	Panama Petrochem	Chemicals	51.0	59.0	60.5	43.7
72	Techno Electric & Engineering Company	Construction	26.8	68.0	86.4	47.8
73	Deccan Cements	Cement & Cement Products	16.5	87.2	86.2	31.0
74	Core Projects And Technologies	Infotech	168.0	172.7	163.3	20.6
75	Aegis Logistics	Transport & Logistics	34.1	14.6	11.0	25.4
76	GEE	Electrodes	57.0	77.3	91.1	24.4
77	Nilkamal	Plastic Products	37.2	86.5	52.2	11.3
78	Torrent Cables	Pharmaceuticals	4685.2	1214.3	1886.5	13.2
79	Maharashtra Elecktrosmelt	Ferro Alloys	19.2	30.6	33.4	56.6
80	Jyoti	Capital Goods	29.4	22.1	22.1	20.7
81	Hitachi Home & Life Solutions	Consumer Durables	22.0	28.1	30.7	33.5
82	Glaxosmithkline Consumers Healthcare	FMCG	17.1	17.0	20.4	40.5
83	Deccan Chronicle Holdings	Entertainment & Media	37.0	57.2	53.6	24.1
84	Flawless Diamonds (I)	Diamonds & Jewellery	31.6	217.2	477.7	28.5
85	HBL Power Systems	Dry Cells	51.6	55.3	56.8	23.3
86	Aditya Birla Chemicals (India)	Chemicals	21.5	14.6	28.3	23.5
87	Tinplate Company of India	Metals	21.8	40.9	214.3	14.9
88	Sanghvi Movers	Capital Goods	34.4	41.9	45.8	25.2
89	Venky's (I)	Aquaculture & Hatcheries	14.2	28.9	33.5	15.8
90	Emami	FMCG	41.4	48.0	46.4	40.5
91	Kirloskar Electric Company	Capital Goods	27.5	120.1	85.2	21.7
92	Chettinad Cements	Cement & Cement Products	29.4	60.4	42.2	27.5
93	Sree Rayalaseema Alkali & Allied Chemicals	Chemicals	30.0	27.0	23.7	15.8
94	Jyoti Structures	Capital Goods	35.0	37.1	48.8	35.7
95	Gillette India	FMCG	19.6	23.0	22.0	39.3
96	GEI Industrial Systems	Capital Goods	47.1	42.5	51.2	30.1
97	Venus Remedies	Pharmaceuticals	46.0	46.2	43.1	31.9
98	Phoenix Mills	Real Estate	85.0	159.5	201.2	21.3
99	Walchandnagar Industries	Capital Goods	41.1	68.9	84.6	32.1
100	Shiv-Vani Oil & Gas Exploration Services	Oil & Gas	60.3	68.7	71.9	11.3
Note: The growth rate in total income, op. profit and net profit are three-year average growth rates
**Return on capital employed (3-year average)

INDIA'S FASTEST GROWING SMALLCOMPANIES

1. Mercator Lines
2. Steel Strips Wheels
3. Gujarat NRE Coke
4. Manugraph India
5. Teledata Informatics
6. Shanthi Gears
7. KPIT Cummins Infosystems
8. Nagarjuna Agrichem
9. Bilcare
10. Emco

INDIA'S FASTEST GROWING MID-SIZED COMPANIES

1. Monnet Ispat
2. Kalyani Steels
3. Hexaware
4. Punjab Tractors
5. Shree Precoated Steels
6. Nava Bharat Ferro Alloys
7. Havell's India
8. Pantaloon Retail (India)
9. Sundram Fasteners
10. Lakshmi Machine Works

INDIA'S FASTEST GROWING LARGE COMPANIES

1. National Mineral Dev. Corp.
2. Jindal Steel & Power
3. Bhushan Steel & Strips
4. Uttam Galva Steels
5. Great Eastern Shipping
6. Nagarjuna Construction
7. ABB
8. Tata Steel
9. Wipro
10. Gujarat Ambuja Cements

100 fastest growing small companies in India

Looking for the next Infosys? Well, you might be in luck. This list of fastest growing small companies might just give you the next Infosys. It is hard to pick on a single stock and hand it to the investor. But the due diligence is already done by ET and narrowed it down to 100. It’s your turn to pick your horse.

Comparing any of these companies with Infosys might not be apt because there are only 5 Infotech companies. And the comparison is merely for the potential growth of the stock.

From a possible 5000 companies listed on BSE, ET narrowed it to an exciting 100.

Here is how :

1. Of the 5000 stocks listed on BSE, only 2/3rds are actively traded stocks.
2. Of the 3300 companies above only 2300 companies are very actively traded and have historical data.
3. 2 lists were generated. One based on revenues and one based on market cap.
4. All the companies which figured in the top 10% in both the lists (too big) and the bottom 50% in the both the lists (too small and better for VC’s) are knocked off.
5. That left 1000 companies. Which filtered in the following manner :

While filtering the companies based on growth parameters, we considered only those companies, which beat the average growth rates of all the 1,000 companies. Also, we eliminated those companies that have a debt-equity ratio of more than 2.0 in their latest financial year and relatively lower interest coverage ratio. After this process, we were left with almost 300 companies. At this stage, we decided to rank the companies based on the their 3-year growth rates, the ratio of operating cash flows (actual) to cash profit (reported) and 3-year average return on capital employed (RoCE). First we arrived at rankings based on individual parameters and then came out with a composite ranking (to be read as final ranking). While arriving at the composite ranking, we assigned 50% weightage to the quality parameter ?cash flow ratio and RoCE? and rest to the revenue and earnings growth. Finally, we weeded out companies, which reported losses in recent quarters or whose growth was too dramatic (source)

Quite an intriguing way to filter out companies and arrive at a dynamic list.

These are the 100 companies which came through ETIG’s filters :

Rank	Company Name	Industry	Total Income	Op. Profit	Net Profit	Market cap	CMP(Rs)
1	Sulzer India	Capital Goods	196.3	55.77	34.12	300	895
2	Oil Country Tubular	Steel	432.71	101.05	67.7	384	83
3	Tata Sponge Iron	Steel	635.91	172.42	107.59	361	250
4	Zydus Wellness	FMCG	245.25	41.32	27.02	98	174
5	Liberty Phosphate	Fertilisers	336.95	33.34	18.16	35	24
6	Rain Commodities	Cement & Cement Products	1152.83	224.25	104.61	1276	172
7	Engineers India	Capital Goods	1903.17	367.74	388.13	6034	1157
8	India Infoline	Finance	590.61	173.28	109.14	4036	141
9	CRISIL	Miscellaneous	442.22	176.6	148.75	2795	4063
10	Praj Industries	Capital Goods	777.3	140.08	130.34	1876	97
11	Tide Water Oil	Oil & Gas	572.59	55.61	35.48	434	4840
12	KS Oils	Solvent Extraction	3396.8	374.44	182.68	2162	68
13	Relaxo Footwears	Leather & Leather Products	441.11	52.3	20.36	114	154
14	Vinati Organics	Pharmaceuticals	207.16	38.88	29.54	197	197
15	Bajaj Electricals	Consumer Durables	1823.71	189.81	95.47	1089	714
16	Nava Bharat Ventures	Diversified	1361.37	525.43	464.57	2879	367
17	Orient Paper & Industries	Diversified	1520.35	340.76	184.38	1047	52
18	IL&FS Investment Managers	Finance	99.17	54.93	36.39	950	49
19	Hawkins Cooker	Consumer Durables	253.69	35.03	22	233	458
20	Nagarjuna Agrichem	Pesticides & Agrochemicals	609.39	112.92	51.96	238	161
21	Diamond Power Infrastructure Ltd	Cables	695.45	99.56	62.49	461	200
22	TRF	Capital Goods	590.43	74.47	48.2	535	496
23	Fem Care Pharma	FMCG	118.47	10.92	9.46	253	701
24	National Peroxide	Chemicals	126.85	37.16	17.33	117	210
25	Sagar Cements	Cement & Cement Products	380.45	82.94	23.52	318	188
26	Divi’s Laboratories	Pharmaceuticals	1157.35	405.25	332.89	6866	574
27	VST Tillers Tractors	Automobiles	299.22	51.8	34.78	225	406
28	Jindal Drilling & Industries	Oil & Gas	1002.85	85.94	49.07	1396	585
29	Texmaco	Capital Goods	799.7	126.33	73.86	1577	133
30	Supreme Industries	Plastic Products	1667.19	237.94	97.38	799	324
31	Dhanuka Agritech	Pesticides & Agrochemicals	334.07	54.37	23.53	161	197
32	Bharati Shipyard	Shipping	1126.92	281.13	137.6	562	194
33	WPIL	Capital Goods	165.81	17.43	8.69	67	93
34	HeidelbergCement India	Cement & Cement Products	1003.78	163.12	157.89	1003	43
35	Havells India	Capital Goods	2238.08	218.45	153.75	1846	322
36	ICSA India	Infotech	1176.83	266.85	161.33	955	203
37	Tilaknagar Industries	Breweries & Distilleries	248.74	45.98	21.11	131	66
38	Ratnamani Metals & Tubes	Steel	896.57	142.96	63.97	467	102
39	Gujarat Fluorochemicals	Chemicals	1101.03	541.16	347.09	1762	154
40	Nitta Gelatin India	Chemicals	189.92	33.82	18.27	110	147
41	Shilpa Medicare	Pharmaceuticals	156.43	38.97	16.43	350	141
42	TTK Prestige	Consumer Durables	414.17	42.18	24.67	246	265
43	Amara Raja Batteries	Dry Cells	1331.03	200.26	108.13	1156	139
44	Confidence Petroleum India	LPG Bottling	245.31	27.54	17.98	214	8
45	Hindustan Dorr-Oliver	Capital Goods	616.66	66.33	36.88	504	133
46	Mcnally Bharat Engineering Co.	Capital Goods	1235.96	104.82	35.86	549	175
47	Best & Crompton Engg.Ltd.	Capital Goods	48.64	-39.26	-43.97	217	17
48	KPIT Cummins Infosystems	Infotech	560.02	124.62	66.46	592	78
49	Anjani Portland Cements	Cement & Cement Products	132.62	36.59	16.95	69	35
50	Gujarat Gas Company	Oil & Gas	1327.75	235.05	154.28	2584	201
51	Bayer Cropscience	Pesticides & Agrochemicals	1592.32	190.82	115.72	1464	393
52	KCP	Cement & Cement Products	361.66	100.27	66.34	354	250
53	J K Lakshmi Cement	Cement & Cement Products	1315.35	365.66	265.49	838	134
54	JK Cements	Cement & Cement Products	1591.22	380.83	176.43	899	134
55	Opto Circuits (India)	Consumer Durables	444.81	165.31	138.49	3156	204
56	Micro Technologies (India)	Infotech	232.37	100.15	58.89	159	147
57	Gujarat Reclaim & Rubber Prod	Rubber & Rubber Products	132.26	20.86	12.86	70	560
58	Geodesic	Infotech	571.66	251.67	197.34	1274	126
59	Honeywell Automation India	Consumer Durables	1075.74	175.33	114.84	1501	1699
60	Kesoram Industries	Diversified	4236.93	662.77	358.4	1643	373
61	JMC Projects (India)	Construction	1296.45	102.37	35.34	385	175
62	Orient Abrasives	Abrasives	302.3	66.39	33.28	243	21
63	TIL	Capital Goods	828.44	78.14	32.36	281	283
64	OCL India	Cement & Cement Products	1272.9	314.67	134.97	721	126
65	Gujarat Mineral Development Corpn.	Mining & Minerals	1031.75	442.89	244.1	3547	109
66	Ushdev International	Trading	1394.2	61.79	21.84	156	149
67	Sterlite Technologies	Cables	2326.23	253.16	126.83	1754	280
68	PSL	Steel	3524.37	237.42	82.44	808	163
69	UB Engineering	Capital Goods	457.03	35.68	21.9	141	79
70	Temptation Foods	FMCG	978.66	80.35	54.78	104	38
71	Panama Petrochem	Chemicals	320.06	33.95	10.21	61	119
72	Techno Electric & Engineering Company	Construction	534.76	58.27	73.6	885	143
73	Deccan Cements	Cement & Cement Products	231.51	74.69	33.86	172	238
74	Core Projects And Technologies	Infotech	378.11	106.78	84.66	1690	189
75	Aegis Logistics	Transport & Logistics	328.14	45.29	31.8	287	139
76	GEE	Electrodes	126.14	12.54	6.4	124	60
77	Nilkamal	Plastic Products	878.33	87.97	11.66	179	141
78	Torrent Cables	Pharmaceuticals	177.95	16.17	14.21	112	160
79	Maharashtra Elecktrosmelt	Ferro Alloys	343.86	43.68	40.44	1136	423
80	Jyoti	Capital Goods	257.74	22.59	4.66	56	47
81	Hitachi Home & Life Solutions	Consumer Durables	498.87	31.78	23.89	218	97
82	Glaxosmithkline Consumers Healthcare	FMCG	1863.15	313.33	224.69	4734	1182
83	Deccan Chronicle Holdings	Entertainment & Media	881.84	279.89	156.11	2873	143
84	Flawless Diamonds (I)	Diamonds & Jewellery	566.34	23.37	12.91	57	35
85	HBL Power Systems	Dry Cells	1193.11	180.97	82.84	795	312
86	Aditya Birla Chemicals (India)	Chemicals	218.54	73.95	48.61	176	73
87	Tinplate Company of India	Metals	754.25	139.77	53.27	336	54
88	Sanghvi Movers	Capital Goods	366.48	279.12	101.45	777	170
89	Venky’s (I)	Aquaculture & Hatcheries	602.59	44.71	21.99	139	168
90	Emami	FMCG	681.12	115.43	58.19	3132	430
91	Kirloskar Electric Company	Capital Goods	852.98	64.97	26.83	279	76
92	Chettinad Cements	Cement & Cement Products	1227.06	499.47	-12.61	1218	408
93	Sree Rayalaseema Alkali & Allied Chemicals	Chemicals	685.52	115.59	42.88	98	15
94	Jyoti Structures	Capital Goods	1814.54	205.88	81.57	1257	153
95	Gillette India	FMCG	691.52	158.41	113.14	3328	1087
96	GEI Industrial Systems	Capital Goods	213.65	29.63	10.41	99	69
97	Venus Remedies	Pharmaceuticals	276.21	63.35	42.27	222	225
98	Phoenix Mills	Real Estate	143.9	65.42	82.8	2509	165
99	Walchandnagar Industries	Capital Goods	626.19	53.48	26.84	835	210
100	Shiv-Vani Oil & Gas Exploration Services	Oil & Gas	775.98	266.3	93.9	1509	345

If you look at the list, it is dominated by Capital Goods. 18 companies on the list are from Capital Goods sector. Cement sector with 10 companies is the next dominant sector. Does that tell you something? India’s infrastructure spend is on the rise and hence the rise of smaller companies. Some part of your portfolio should be there.