India’s 10 consistent Wealth Creators

Who have been India’s 10 most consistent wealth creators in the 2017-2022 period?

1. Adani Enterprises has the highest price compounded annual growth rate (CAGR) of 97 per cent, says Motilal Oswal’s 27th Annual Wealth Creation Study
2. Chemical supplier Alkyl Amines’ return on equity (ROE) jumped from 20 per cent to 23 per cent
3. IT firm Coforge’s ROE shot from 16 per cent to 24 per cent with a CAGR of 59 per cent 
4. IT major Mindtree’s profit after tax (PAT) witnessed a CAGR of 32 per cent in 2017-2022
5. L&T Infotech with a CAGR of 54 per cent saw its return on equity fall from 30 per cent to 26 per cent
6. The ROE of SRF, a chemical conglomerate, rose to 22 per cent in 2022 from 16 per cent in 2017
7. Pharmaceutical firm Divi’s Labs saw its return on equity rise to 25 percent from 20 percent
8. Astra pipes’ profit after tax saw a CAGR of 27 percent
9. Varun beverages saw a 72 percent compounded annual growth rate in profit after tax
10. Aarti Industries Limited’s equity declined from 23 per cent in 2017 to 22 per cent in 2022