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Fortune India The Next 500

2024 2023 2022 2021 2020

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1 Dynamatic Technologies
331 Pratibha Syntex
343 Aarti International
342 Ion Exchange (India)
341 Aircel Cellular
340 Ansal Housing & Construction
339 Panama Petrochem
338 KIOCL
337 Superhouse
336 VLCC Health Care
335 Jindal Worldwide
334 Info Edge (India)
333 AYM Syntex
332 Fiem Industries
330 Jagatjit Industries
345 SKS Microfinance
329 Datamatics Global Services
328 Asian Granito India
327 Sharon Bio-Medicine
326 KSB Pumps
325 Cera Sanitaryware
324 Ginni Filaments
323 Natco Pharma
322 Empee Distilleries
321 Tata Elxsi
320 Nitco
319 Bajaj Corp
318 SICOM
317 Ess Dee Aluminium
344 Techno Electric & Engineering Company
346 Nagarjuna Agrichem
315 SH Kelkar & Company
362 Pranav Agro Industries
374 Tata Housing Development Company
373 Upper Ganges Sugar & Industries
372 DIC India
371 Fourth Dimension Solutions
370 Tilaknagar Industries
369 Ucal Fuel Systems
368 Equitas Holdings
367 Suryalakshmi Cotton Mills
366 Janalakshmi Financial Services
365 Jai Corp
364 Hotel Leela Venture
363 Dhanuka Agritech
361 NOCIL
347 Marksans Pharma
360 Hubtown
359 Al Kabeer Exports
358 Karur KCP Packkagings
357 CORE Education & Technologies
356 Provogue (India)
355 Motilal Oswal Financial Services
354 Vinati Organics
353 SRAAC
352 Westlife Development
351 Franklin Templeton Asset Management (I)
350 Hinduja Ventures
349 IFGL Refractories
348 Garware-Wall Ropes
316 BL Kashyap & Sons
314 Jubilant Industries
376 Winro Commercial (India)
268 FDC
280 Parsvnath Developers
279 Garware Polyester
278 Finkurve Financial Services
277 Greenlam Industries
276 Ramco Industries
275 Wapcos
274 Siti Cable Network
273 Sudhir Power
272 Fleetguard Filters
271 Oberoi Realty
270 SSIPL Retail
269 Tinplate Company of India
267 Mirza International
282 Automotive Axles
266 KNR Constructions
265 Dwarikesh Sugar Industries
264 Sudar Industries
263 Timken India
262 Sagar Cements
261 EMCO
260 Sathavahana Ispat
259 Sanghi Industries
258 Mangalam Cement
257 Merino Industries
256 Simbhaoli Sugars
255 Gulf Oil Lubricants India
254 DCM
281 Lux Industries
283 KSE
313 VST Industries
299 Hikal
312 ITI
311 American Express Bank
310 AVI Agri Business
309 Lumax Auto Technologies
308 TJSB Sahakari Bank
307 Sical Logistics
306 OnMobile Global
305 Ruchi Strips & Alloys
304 Hindustan Media Ventures
303 GKN Driveline (India)
302 AGC Networks
301 Indoco Remedies
300 Suashish Diamonds
298 Balasore Alloys
284 Creamline Dairy Products
297 Spentex Industries
296 Gillanders Arbuthnot & Company
295 Devi Sea Foods
294 Precision Wires India
293 Sharda Motor Industries
292 Chiripal Industries
291 Munjal Auto Industries
290 CCL Products (India)
289 Ester Industries
288 Tamil Nadu Petro Products
287 Uranium Corporation Of India
286 Merck
285 Kiri Industries
375 Ramkrishna Forgings
377 Shri Lakshmi Cotsyn
252 Bharat Co-operative Bank (Mumbai)
456 Modern Dairies
468 R Systems International
467 TD Power Systems
466 Sita Shree Food Products
465 IFB Agro Industries
464 Ujjivan Financial Services
463 Vascon Engineers
462 Atlas Cycles (Haryana)
461 Suprajit Engineering
460 Shilpa Medicare
459 Ferro Alloys Corporation
458 Balaji Amines
457 A2Z Infra Engineering
455 Symphony
470 SMS Pharmaceuticals
454 Navin Fluorine International
453 Ganesha Ecosphere
452 Nitin Spinners
451 Agro Tech Foods
450 K G Denim
449 Just Dial
448 Shriram EPC
447 Monsanto India
446 AV Thomas & Co
445 Monte Carlo Fashions
444 Honda Siel Power Products
443 Rana Sugars
442 UTI Asset Management Company
469 Saurashtra Cement
471 Arvind Remedies
440 Ingersoll-Rand (India)
487 BLB
499 Nelcast
498 Pasupati Acrylon
497 Gallantt Ispat
496 Volkswagen Finance
495 Steelco Gujarat
494 Kokuyo Camlin
493 CLP Wind Farms India
492 Shreyas Shipping & Logistics
491 Sterling International Enterprises
490 VF Brands India
489 MTR Foods
488 Bhartiya International
486 Kennametal India
472 DB Realty
485 K.P.R Agrochem
484 NKGSB Co-operative Bank
483 Harita Seating Systems
482 New Delhi Television
481 VST Tillers Tractors
480 Transformers & Rectifiers India
479 Punjab Chemicals & Crop Protection
478 Patel Integrated Logistics
477 Globus Spirits
476 Bhansali Engineering Polymers
475 Educomp Solutions
474 Damodar Industries
473 Bharat Bijlee
441 Lloyds Metals & Energy
439 Alps Industries
378 Ram Ratna Wires
393 Claris Lifesciences
405 Mizuho Corporate Bank
404 Ugar Sugar Works
403 Vesuvius India
402 Vijay Solvex
401 Sasken Communication Technologies
400 Gallantt Metal
399 Alicon Castalloy
398 NCL Industries
397 KMV Projects
396 Vindhya Telelinks
395 Gujarat Pipavav Port
394 K-Lifestyle & Industries
392 Precot Meridian
407 Kolte Patil Developers
391 GIC Housing Finance
390 Manali Petrochemicals
389 Take Solutions
388 N R Agarwal Industries
387 V-Mart Retail
386 AMW Motors
385 Jaybharat Textiles & Real Estate
384 Kores (India)
383 Dredging Corporation of India
382 Aarvee Denims & Exports
381 Jay Shree Tea & Industries
380 Aurionpro Solutions
379 UTV Software Communications
406 Titagarh Wagons
408 Panacea Biotec
438 ARSS Infrastructure Projects
424 RattanIndia Power
437 Maral Overseas
436 Kridhan Infra
435 Winsome Textile Industries
434 Jay Ushin
433 Astra Microwave Products
432 Ind-Swift Laboratories
431 Vardhman Special Steels
430 Rajshree Sugars & Chemicals
429 Dr Lal Pathlabs
428 Orient Bell
427 NRB Bearings
426 Arcotech
425 Musigma Business Solutions
423 Bannari Amman Spinning Mills
409 CCCL
422 Toshiba India
421 Signet Industries
420 TT Limited
419 Valecha Engineering
418 BCL Industries & Infrastructures
417 Triveni Turbine
416 Rathi Steel & Power
415 Repco Home Finance
414 Atlanta
413 Universal Cables
412 Bharat Seats
411 GTL Infrastructure
410 Zuari Global
253 eClerx Services
251 Genus Power Infrastructures
2 Nectar Lifescience
80 Shamrao Vithal Co-Operative Bank
92 Narayana Hrudayalaya
91 Fedders Lloyd Corporation
90 Allanasons
89 Liberty Oil Mills
88 Bank of Tokyo-Mitsubishi
87 Solar Industries India
86 Man Industries (India)
85 Bengal & Assam Company
84 JM Financial
83 Loyal Textile Mills
82 Cadila Pharmaceuticals
81 TTK Prestige
79 Electronics Corporation of India
94 Power Mech Projects
78 Roquette Riddhi Siddhi
77 Star Ferro & Cement
76 Schreiber Dynamix Dairies
75 Kirloskar Industries
74 Sistema Shyam Teleservices
73 ILFS
72 Heinz India
71 Vivimed Labs
70 Capital First
69 Gabriel India
68 Astral Poly Technik
67 Parag Milk Foods
66 Maharashtra Seamless
93 Kirloskar Ferrous Industries
95 Dhanlaxmi Bank
64 Galaxy Surfactants
111 Granules India
123 Everest Industries
122 Eveready Industries India
121 Tulsyan NEC
120 Jay Bharat Maruti
119 HBL Power Systems
118 Federal-Mogul Goetze (India)
117 Visa Steel
116 DCM Shriram Industries
115 Elecon Engineering Company
114 Deepak Nitrite
113 J Kumar Infraprojects
112 Neelachal Ispat Nigam
110 Konkan Railway Corporation
96 Nuziveedu Seeds
109 Kohinoor Foods
108 Skipper
107 Pennar Industries
106 Future Consumer Enterprise
105 Simpson & Company
104 Indian Metals & Ferro Alloys
103 3i Infotech
102 Parakh Agro Industries
101 Khanna Paper Mills
100 Elgi Equipments
99 3M India
98 WABCO India
97 Schneider Electric Infrastructure
65 Cement Manufacturing Co
63 Ruchi Infrastructure
125 Renaissance Jewellery
17 West Coast Paper Mills
29 Ramky Infrastructure
28 Filatex India
27 Somany Ceramics
26 IFB Industries
25 Greenply Industries
24 NEEPC
23 Steel Exchange India
22 Orient Cement
21 Page Industries
20 Suzuki Motorcyle India
19 Cosmo Films
18 Prime Focus
16 Goodyear India
31 ISMT
15 Ricoh India
14 Hero Cycles
13 Century Plyboards (India)
12 MMTC
11 Munjal Showa
10 Jindal Aluminium
9 Adecco India
8 Gati
7 Lucas - TVS
6 Gujarat Mineral Development Corporation
5 Hitachi Home & Life Solutions (India)
4 VRL Logistics
3 Oswal Woollen Mills
30 DCB Bank
32 Indofil Industries
62 PVR
48 Radico Khaitan
61 Suryadev Alloys & Power
60 Sangam (India)
59 Neo Corp International
58 Haryana Vidyut Prasaran Nigam
57 Ajanta Pharma
56 Sandhar Technologies
55 Linde India
54 Trend Electronics
53 TIL
52 Himadri Chemicals & Industries
51 Gayatri Projects
50 Varroc Engineering
49 Jai Balaji Industries
47 Value Industries
33 Advanta
46 Jyothy Laboratories
45 Hindustan Steel Works Construction
44 Jayant Agro Organics
43 3F Industries
42 GVR Infra Projects
41 Relaxo Footwears
40 Brigade Enterprises
39 Sona Koyo Steering Systems
38 JBM Auto
37 ECGC
36 Eros International Media
35 Central Warehousing Corporation
34 Strides Shasun
124 Ankit Metal & Power
126 Shriram Pistons & Rings
250 Bannari Amman Sugars
205 Srikalahasthi Pipes
217 HLL Lifecare
216 Visaka Industries
215 Ahluwalia Contracts (India)
214 KSL and Industries
213 Mafatlal Industries
212 Engineering Projects (India)
211 Ansal Properties & Infrastructure
210 Jaguar Overseas
209 Unity Infraprojects
208 Nandan Denim
207 Technocraft Industries (India)
206 HPL Electric & Power
204 Andhra Sugars
219 OCL Iron & Steel
203 Sharda Cropchem
202 Nakoda
201 Omax Autos
200 Hindustan Copper
199 IRCTC
198 VIP Industries
197 Jamna Auto Industries
196 Goodluck Steel Tubes
195 Maithan Alloys
194 MIRC Electronics
193 IREDA
192 Gujarat State Petronet
191 Gateway Distriparks
218 Insecticides India
220 Navneet Education
189 Aarti Drugs
236 Gland Pharma
249 Novartis India
248 Anil
247 Kamdhenu
246 Bank of Nova Scotia
245 Credit Suisse AG
244 NIIT
243 Akums Drugs & Pharmaceuticals
242 Hinduja Foundries
241 JCT
240 Transcorp International
239 SRS Real Infrastructure
238 Pearl Global Industries
237 C&C Constructions
235 Seshasayee Paper & Boards
221 Continental Automotive Components India
234 Praj Industries
233 Prabhat Dairy
232 Inox Leisure
231 DSP Merrill Lynch
230 Mastek
229 Bodal Chemicals
228 Indian Hume Pipe Company
227 Carrier Airconditioning & Refrigeration
226 Thirumalai Chemicals
225 Rupa & Company
224 Excel Crop Care
223 Financial Technologies (India)
222 Vardhman Polytex
190 Geometric
188 MSP Steel & Power
127 Meghmani Organics
142 MOIL
154 Prakash Steelage
153 Subros
152 Tide Water Oil Co (I)
151 Gokaldas Exports
150 OTIS Elevator Company (India)
149 Beetel Teletech
148 Vaibhav Global
147 DCW
146 Opto Circuits (India)
145 Den Networks
144 Kalyani Steels
143 HEG
141 Unichem Laboratories
156 Welspun Enterprises
140 Dalmia Bharat Sugar & Industries
139 Century Enka
138 Thangamayil Jewellery
137 Lohiya Edible Oils
136 Huhtamaki PPL
135 Sudarshan Chemical Industries
134 Vikas Wsp
133 Banswara Syntex
132 Gujarat Industries Power Co
131 Parle Agro
130 Tara Jewels
129 GOL Offshore
128 CRISIL
155 LG Balakrishnan & Bros
157 Flexituff International
187 Sportking India
173 Inox Air Products
186 Zicom Electronic Security Systems
185 Manaksia
184 NPCC
183 Rainbow Papers
182 Mahindra Lifespace Developers
181 Oudh Sugar Mills
180 Oricon Enterprises
179 Alfa-Laval (India)
178 SML ISUZU
177 IG Petrochemicals
176 HIL
175 KCP
174 International Paper APPM
172 Grindwell Norton
158 Banco Products (India)
171 Peninsula Land
170 Pricol
169 Cavinkare
168 Nitin Fire Protection Industries
167 Kaveri Seed Company
166 Rites
165 Shanthi Feeds
164 JB Chemicals & Pharmaceuticals
163 Sumeet Industries
162 Visen Industries
161 Lumax Industries
160 Steel Strips Wheels
159 Same Deutz-Fahr India
500 Camlin Fine Sciences

313

Prev Rank: 409

VST Industries

Industry :

FMCG

Incorporation Year :

Parameters	₹ Crore	% Change
Revenue	863.81	4.88
Net Operating Income	836.16	5.95
Profit	152.21	1.37
Assets	352.83	6.42
Net Worth	344.02	5.98
Equity Dividend	108.09	0.00
Employee Cost	77.08	10.24

Profit Ratios

Revenue:

17.62

Assets:

43.14

Net Worth:

44.24

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