Long-term wealth creation requires patience

Which financially strong companies have created maximum wealth for their shareholders in the last decade? It's a fairly common question that everyone ponders on when investing in the stock market. To answer this question we applied the following filters on S&P BSE 500 companies: Trading history of at least ten years. Ten year median ROE exceeding 20 per cent A total of 93 companies met our criteria. Out of them, the ten companies which generated maximum return for their shareholders in the last decade are listed below. Top 10 efficient multibaggers of the decade Shareholders were rewarded with an annualised return of at least 40% Company 10Y Revenue Growth(% p.a.) 10Y PAT Growth(% p.a.) 10Y median ROE(%) 10Y stock return(% p.a.) APL Apollo Tubes 23.2 25.1 21.4 62 Caplin Point Laboratories 27.7 39 40.1 57.7 HLE Glascoat 28.5 34.7 22.1 56.7 Tata Elxsi 17.6 42.2 37 54.4 Alkyl Amines Chemicals 16.5 25.2 25.4 53.4 Bajaj Finance 29.6 34.6 20 51.3 Balaji Amines 16.5 29.3 24.2 50.8 K.P.R. Mill 14 23

This article was originally published on October 18, 2023.