New Launch27 May 2025, 06:54 pm
Steelcast Ltd Ranks 91st in Fortune India 100 Emerging Stars
AI Summary
Steelcast Ltd has been recognized by Fortune India Magazine in its May 2025 edition as one of the Top 100 Emerging Companies of India. The company is ranked 91st based on the criteria of Net Income during the Financial Year 2023-24. The selection criteria included a minimum 20% CAGR in net income over the past three years, an average Return on Net Worth of at least 10%, ROCE of 15%, a 20% CAGR in share price, and a debt-to-equity ratio below 2x.
Key Highlights
- Steelcast Ltd ranked 91st in Fortune India 100 Emerging Stars
- Selection criteria included a minimum 20% CAGR in net income over the past three years
- ROCE of 15% and a debt-to-equity ratio below 2x
- Awarded to Companies demonstrating exceptional performance
- Recognized for exceptional financial performance in the past three years