What is so 'great' about companies we call great? Is it the consistency with which companies grow over a period of time despite multiple challenges or to showcase sustainability and scalability is what defines greatness? For, Saurabh Mukherjea, CEO- Institutional Equities, Ambit Capital, great companies are those which would consistently log at least 10 per cent revenue growth and 15 per cent return on capital employed (ROCE) for years. In his latest book, 'The Unusual Billionaires', Mukherjea has identified seven such companies which met these criteria for every consecutive year over the past decade.
Talking about the stock performance, the shares of these seven companies have risen up to 1732 per cent in the last ten years against just 120 per cent upturn in benchmark index Sensex.
Below is a small dive into these seven 'Unusual Billionaires' which stood out among over 4000 listed companies on Dalal Street: