Companies with the most consistent sequential growth

Consistent growth every quarter is not easy to achieve. Companies are swamped with both internal and external factors that impact their performance. Yet, some manage to grow consistently. Among the non-BFSI (banking, financial services and insurance) companies with a market cap of at least Rs 500 crore, we identified four companies that have posted sequential revenue and PAT growth in at least 16 out of the last 20 quarters (last five years). Three out of these four companies were IT companies. We explore factors that led to this growth. Consistent growth machines Three out of the four companies are IT companies Company Sector M-cap (₹ cr) No. of quarters (revenue growth) No. of quarters (PAT growth) Caplin Point Labs Healthcare 7221 18 17 Persistent Systems IT 36816 18 16 Saksoft IT 3268 17 16