These companies have a history of doubling their profits every three years
Investors like to chase companies which show regular profits. The logic is simple: companies that show rising profits also see their stock prices racing. Given this, who would not like to know about companies that have doubled their profits every three years in the last ten years?
We present a list of companies who witness profit peaks every three years.
Caplin Point Laboratories: Caplin Point Lab is among the fastest growing pharmaceutical companies in India. It sells more than 2,000 products around the globe, with the majority being in Latin America.
Ajanta Pharma: The company has a track record of introducing first time launches in India. It exports majority of its product to Africa and has lower exposure to US markets.
PI Industries: PI Industries is a crop protection company. It is into contract manufacturing and exports agri chemicals for global agri MNCs and introduces new agri discoveries made anywhere in the world in India. It earns the second highest margins in its sector, just behind the global major Monsanto.
Kridhan Infra: Over the years, through a series of acquisitions, Kridhan Infra has evolved into a high quality service provider in foundation engineering across the construction and infrastructure sectors, both in India and South East Asia.
Eicher Motors: Eicher Motors manufactures the Royal Enfield brand of motorcycles. Over the years, Royal Enfield has faced little or no competition and that has led to it charging premium for its products.
Avanti Feeds: Avanti Feeds is India's largest seafood processor. It has a joint venture with Thai Union Frozen Products PCL, which is among the largest seafood processors in the world.
8K Miles Software Services: 8K Miles Software Services is engaged in online outsourcing of software and other knowledge services over the internet. Over the years, it has joined forces with leading providers in the cloud space, such as AWS, MS Azure and IBM.
Welspun India: Welspun India is the world's second largest terry towel producer. It exports over 94 per cent of its home textile products to more than 50 countries. In the past five years, it has entered into strategic partnerships, which have created value for its stakeholders.