Here’s a challenge. Using the five clues below, identify the company that is being talked about here
Send your answers by Wednesday 6 p.m. to [email protected], with your full name, postal address and phone number.
A lucky winner in each week will get a book sponsored by UNIFI Capital as a reward.
1 I am the largest in my business nationally and one of the largest worldwide too.
2 I must be one of the few Indian companies which had almost a billion dollar in revenue with 60 per cent PBT margin in a year. The corporate tax I paid that year was more than my cumulative taxes over the previous 50 years of my existence.
3 I have seen both 10 times growth in my valuation as well as 90 per cent decline thereafter, all within four years.
4 My promoter, who has been my chairman for 30 years, became a billionaire for a year or two but dropped out soon after. His cousin who got another group company through a family split, continues to be worth more than USD 7 billion.
5 Instead of splashing windfall profits to diversifications, I am prudently investing into fresh capacities as well as technology to maintain my leadership position and sustainability in my volatile industry. My chairman was aptly quoted “We are in a venture, not an adventure”.
Last week’s winner: Karthik Rekhala
Last week’s answer: Lemon Tree