Thursday, October 26, 2006

GREAT ‘MILE’ WITH A DISTORTED ‘INCH’!

IIPM BEST MBA INSTITUTE
It’s wonderful that you published a list of top 100 Indian companies (B&E Cover Feature, issue dated October 5, 2006) on the basis of strong, comparable and valid financial parameters like Market Capitalisation (which is normally considered by all the agencies who rank India Inc. every year), Profit After Tax to Sales ratio and Dividend- Yield. However, it would have been great if you could have considered other major parameters like the asset base separately and growth performances over the years, etc. Also it would have been great if valuation techniques would have been used to rank even unlisted entities as many of them are already market leaders even in the major Indian cities with huge market shares. Hence we have slightly distorted the real image here.

Piyush Lahiri
Mumbai (Maharashtra)

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2006, Arindam Chaudhuri's Initiative

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