India's Growth Champions return to the spotlight - 2021

Much before the disruptive forces of the pandemic struck the world, the global economy was already experiencing a steady slow down, and the Indian economy was no exception. Despite the adverse milieu, a section of Corporate India continued to climb towards an upward trajectory with extraordinary grit and determination, to write a new chapter of success. India’s Growth Champions 2021 is an initiative to applaud and recognize such ventures.

After the success of its inaugural edition, The Economic Times and Statista have once again joined hands to unveil the second edition of India’s Growth Champions. The annual ranking puts into the spotlight the fastest growing companies among all Indian industries, in terms of revenue. Participating companies are asked to share their revenue figures for the financial years 2016/17 and 2019/2020 as well as some additional information. Companies must have generated minimum revenue numbers over a three-year period to register and apply, be independent entities, and have primarily demonstrated organic growth.

Given the current slowdown of global economies, it is essential we hold aloft the stellar contributions of standout companies as extraordinary examples of what can be achieved. India’s Growth Champions is a reflection of a company’s mercurial growth and rising stature, which will have a compounding effect to further speed up growth.

 

RANK	Name	Website	Absolute Revenue Growth 2016/17-2019/20	Revenue CAGR 2016/17-2019/20	Revenue 2019/20 (Rs. Cr)	Number Of Employees 2019/20	Industry	Founding Year	City
1	Sagar Diamonds	https://www.sagardiamonds.com/	19693%	482.80%	1,970.50	n/a	Personal & Household Goods	2015	Mumbai
2	TheMathCompany	https://themathcompany.com	4486%	257.90%	53.2	285	Technology	2016	Bangalore
3	ROINET Solution	www.roinetsolution.com	4353%	254.50%	126.1	182	Financial Services	2014	Gurugram
4	Wakefit	www.wakefit.co	2843%	208.70%	198.6	600	Retail	2016	Bangalore
5	Razorpay	razorpay.com	1913%	172.00%	519.4	1050	Technology	2013	Bangalore
6	SaaS Labs	https://saaslabs.co	1194%	134.80%	13.6	52	Technology	2016	Noida
7	upGrad	www.upgrad.com	1080%	127.70%	162.3	1100	Education	2015	Mumbai
8	Capital India Finance	https://www.capitalindia.com/	1077%	127.50%	102.8	n/a	Financial Services	1994	New Delhi
9	Apollo Tricoat Tubes	http://apollotricoat.com/	973%	120.60%	664.4	206	Industrial Goods	1983	Delhi
10	InstaSafe	instasafe.com	891%	114.80%	13.2	40	Cyber Security	2012	Bangalore
11	Zomato	https://www.zomato.com	704%	100.30%	2,969.50	n/a	Ecommerce	2010	Gurugram
12	HOEC	https://www.hoec.com/	619%	93.00%	179.8	100	Energy	1983	Chennai
13	Isprava	https://www.isprava.com/	619%	93.00%	51.4	116	Construction	2016	Mumbai
14	Indiabulls Ventures	https://www.indiabullsventures.com/	612%	92.40%	2,914.80	n/a	Financial Services	2002	New Delhi
15	Dipon Group	www.dipongroup.com	595%	90.80%	16.8	19	Construction	2008	Nagpur
16	Kinara Capital	https://www.kinaracapital.com/	585%	89.90%	224	1235	Financial Services	2011	Bangalore
17	InterviewBit	https://www.interviewbit.com/practice/	564%	87.90%	15.2	52	Education	2015	Bangalore
18	IndiQube	http://indiqube.com/	516%	83.40%	232.9	383	Property	2015	Bangalore
19	Serosoft	www.serosoft.com	499%	81.60%	25.5	135	Technology	2008	Indore
20	HashedIn Technologies	https://hashedin.com/	486%	80.30%	117.2	558	Technology	2010	Bangalore
21	Welspun Enterprises	https://www.welspunenterprises.com/	486%	80.20%	1,760.00	384	Energy	1994	Mumbai
22	Blazeclan	www.blazeclan.com	422%	73.40%	120	426	Technology	2010	Pune
23	LeadSquared	www.leadsquared.com	405%	71.50%	57.6	280	Technology	2011	Bangalore
24	Successive Technologies	www.successive.tech	400%	71.00%	37.7	78	Technology	2012	Noida
25	Paytm	https://www.one97.com/	346%	64.60%	3,629.00	n/a	Financial Services	2010	Noida
26	Mahindra First Choice	www.mahindrafirstchoice.com	339%	63.80%	358.9	n/a	Automobiles	1994	Mumbai
27	OfBusiness	www.ofbusiness.in	311%	60.10%	866.7	470	Financial Services	2015	Gurugram
28	GrabOn	https://www.grabon.in	310%	60.00%	37.9	54	Advertising	2013	Hyderabad
29	LogiNext	www.loginextsolutions.com	309%	60.00%	13.1	80	Technology	2014	Mumbai
30	Fusion Microfinance	www.fusionmicrofinance.com	290%	57.30%	720.3	4398	Financial Services	1994	Naraina Vihar
31	ReNew Power	www.renewpower.in	270%	54.70%	484.2	864	Energy	2011	Gurugram
32	Tiger Analytics	https://www.tigeranalytics.com/	261%	53.40%	81.9	382	Management Consulting	2012	Chennai
33	Aris Capital	www.ariscapital.in	251%	51.90%	20.6	201	Financial Services	1995	Kolkata
34	Mahaveer Finance	mahaveerfinance.com	249%	51.60%	50.6	275	Financial Services	1981	Chennai
35	WebEngage	https://webengage.com	234%	49.40%	38.1	125	Technology	2011	Mumbai
36	SPC Lifesciences	www.spcls.co.in	226%	48.30%	119.4	140	Pharmaceuticals	2005	Vadodara
37	Square Yards	https://www.squareyards.com/	221%	47.50%	298.2	2442	Property	2014	Gurugram
38	High Volt Electrical	http://www.highvolt.in/	219%	47.10%	136.4	98	Industrial Goods	1995	Mumbai
39	Banka BioLoo	www.bankabio.com	218%	47.00%	47.9	949	Waste management & recycling	2012	Hyderabad
40	Course5 Intelligence	www.course5i.com	212%	46.10%	258.1	902	Technology	2000	Mumbai
41	Oriano Clean Energy	oriano.com	209%	45.60%	159.6	67	Energy	2015	Navi Mumbai
42	JetSetGo	www.jetsetgo.in	195%	43.50%	145.2	57	Travel & Leisure	2014	New Delhi
43	Zifo RnD Solutions	www.zifornd.com	191%	42.80%	201.9	590	Technology	2008	Chennai
44	Pridel	pridel.com	187%	42.20%	166.3	250	Transport	2008	New Delhi
45	BRIDGEi2i Analytics	https://bridgei2i.com/	178%	40.60%	114.9	460	Technology	2011	Bangalore
46	Absolute Barbecues	https://www.absolutebarbecues.com/	167%	38.70%	221.4	2070	Restaurants	2013	Hyderabad
47	Agarwal Industrial Corporation	www aicltd.in	165%	38.40%	787	15	Chemicals	1995	Mumbai
48	Athena Infonomics	https://www.athenainfonomics.com	164%	38.20%	19	40	Management Consulting	2010	Chennai
49	Gramener	gramener.com	161%	37.60%	34.2	181	Technology	2010	Hyderabad
50	Brilliant Polymers	www.brilliantpolymers.com	160%	37.50%	310	90	Chemicals	2011	Mumbai
51	ROSSARI	www.rossari.com	158%	37.10%	603.7	365	Chemicals	2009	Mumbai
52	Nexon Paints	www.nexonpaints.com	146%	35.00%	61.8	103	Personal & Household Goods	2008	Hyderabad
53	Global Stones	http://www.gstonesindia.com/	142%	34.30%	166.1	250	Construction	2004	Jaipur
54	Sequretek IT Solutions	www.sequretek.com	129%	31.70%	19.2	340	Cyber Security	2013	Mumbai
55	KVS Premier	kvspremier.com	128%	31.70%	343.8	346	Construction	1985	Kashipur
56	Dbind Wire Products	www.dbind.in	121%	30.20%	15.1	25	Industrial Goods	2013	Navi Mumbai
57	Qburst	https://www.qburst.com/	121%	30.20%	2,778.10	1517	Technology	2004	Trivandrum
58	Chemcrux	www.chemcrux.com	109%	27.80%	57.4	76	Chemicals	1996	Vadodara
59	Dynacons	dynacons.com	107%	27.50%	327.9	843	Technology	1995	Mumbai
60	Sarathy Geotech & Engineering Services	www.sarathygeotech.com	104%	26.90%	26.6	90	Technology	2007	Bangalore
61	Arabian Petroleum	www.arabianpetroleum.co.in	100%	25.90%	83.9	114	Chemicals	2006	Thane
62	Fork Media Group (FMG)	https://www.getforked.in/	98%	25.50%	79	265	Advertising	2013	Mumbai
63	Maveric Systems	www.maveric-systems.com	95%	24.90%	337.7	1647	Technology	2000	Chennai
64	Ishan Group	www.ishanitech.biz	95%	24.90%	67.7	619	Telecoms	2007	Rajkot
65	KG Group	www.kgisl.com	95%	24.90%	187.5	1805	Technology	1994	Coimbatore
66	Supple Tek	www.suppletek.in	94%	24.60%	3,620.20	438	Agricultural Commodities	2013	Amritsar
67	Morex Industries	http://morexindustries.com/	92%	24.20%	44.4	48	Chemicals	1991	Mumbai
68	Mukka Sea Food Industries	www.mukkaseafoods.com	92%	24.20%	578.9	180	Agricultural Commodities	2010	Mangaluru
69	Kenergie	https://www.kentchem.com/	88%	23.50%	105.5	28	Chemicals	2004	Jaipur
70	InfoBeans	https://www.infobeans.com/	88%	23.40%	156.6	791	Technology	2011	Indore
71	izmo	https://www.izmoltd.com/	86%	23.10%	101.2	305	Sales & Marketing	1995	Bangalore
72	Sika	www.sikaglobal.com	84%	22.50%	64.3	87	Aerospace & Defence	1985	Bangalore
73	Sevenseas	www.sevenseasexpress.com	82%	22.00%	195.8	311	Transport	2007	Bangalore
74	Jagdamba Polymers (Ankur)	www.jagdambapolymers.co.in	80%	21.80%	354.3	200	Personal & Household Goods	1998	Balasore
75	Polestar	polestarllp.com	76%	20.60%	26.7	187	Technology	2012	Noida
76	Jindal	www.jindaltextiles.com	74%	20.30%	2,016.60	2214	Personal & Household Goods	1986	Ahmedabad
77	World Class Services	www.wcspl.org	69%	19.20%	237	13500	Support Services	2011	Indore
78	Del Trade	www.deltrade.in	69%	19.20%	288.9	23	Pharmaceuticals	2010	New Delhi
79	Jyothi Granite Exports	www.jyothiexports.com	68%	18.90%	84.8	150	Construction	2010	Ongole
80	Sheetal	www.sheetalicecream.com	68%	18.80%	258.9	605	Food & Beverage	2013	Amreli
81	Bansal Credits		67%	18.70%	34.7	108	Financial Services	1988	New Delhi
82	Sobha	www.sobha.com	67%	18.70%	3,753.90	3309	Construction	1995	Bangalore
83	FutureWorks	www.futureworks.in	64%	17.90%	49.3	341	Media	2007	Mumbai
84	Jubilant FoodWorks	www.jubilantfoodworks.com	52%	15.00%	3,869.30	31514	Food & Beverage	1995	Noida
85	Milk Mantra	www.milkmantra.com	51%	14.70%	226.8	1200	Food & Beverage	2009	Bhubaneswar
86	GlobalSpace Technologies	www.globalspace.in	50%	14.50%	25.9	59	Technology	2010	Navi Mumbai
87	GoBOLT	www.gobolt.in	49%	14.30%	13.9	147	Transport	2015	Gurugram
88	Amoli Organics	www.amoliindia.com	48%	14.10%	503.9	905	Pharmaceuticals	1991	Mumbai
89	Mphasis	www.mphasis.com	46%	13.30%	8,843.50	24485	Technology	2000	Bangalore
90	Radico Khaitan	www.radicokhaitan.com	44%	13.00%	2,427.00	1145	Food & Beverage	1943	Delhi
91	Buildmet Fibres	www.buildmetfibres.com	43%	12.60%	171.4	1269	Industrial Goods	1999	Bangalore
92	Teaxpress	www.teabox.com	37%	11.00%	19.1	277	Food & Beverage	2012	Siliguri
93	JPSPL – JP Structures	www.jpspl.com	36%	10.90%	315.3	100	Construction	2009	Rajkot
94	Prem Motors	www.premmotors.com	36%	10.70%	1,825.50	4174	Automobiles	1990	Gwalior
95	Capital Numbers	www.capitalnumbers.com	35%	10.60%	29.3	249	Technology	2012	Kolkata
96	Seagull Pharma	www.seagullpharma.com	34%	10.30%	56.2	385	Pharmaceuticals	1984	New Delhi
97	Cybage	www.cybage.com	34%	10.20%	1,106.90	5909	Technology	1995	Pune
98	Thenpandian	www.thenpandian.com	30%	9.10%	39	106	Industrial Goods	2004	Namakkal
99	Singhal Sintered	www.ssppl.com	29%	8.80%	16.3	78	Industrial Goods	2009	Kosi Kalan
100	Rubfila	www.rubfila.com	29%	8.70%	229.9	271	Industrial Goods	1993	Palakkad

Source:- https://economictimes.indiatimes.com/indias-growth-champions-return-to-the-spotlight/articleshow/81170246.cms

Also Read:- India’s Growth Champions 2020 ranks India’s fastest growing companies