The Expert Panel
ECONOMY & POLICY

The Expert Panel

A jury panel came together on September 7, 2016, at Hotel Four Seasons in Mumbai, to discuss and deliberate upon India's fastest growing companies.

In the 14th consecutive year, the CW team stepped forward for an event that brings the construction fraternity together, while awarding promising companies that made their mark in the past year. An intrinsic part has also been to recognise and honour the ´CONSTRUCTION WORLD Man of the Year´.

A panel comprising eminent honchos from the industry united to deliberate upon the winners of India´s largest and fastest growing construction companies and select the show stealer - CW Man of the Year. To begin with, the jury was presented with the nominations for the ´CW Man of the Year´. Compiled by the CW Editorial Team, these included construction champions who have made remarkable achievements in the year, and through their efforts, have compelled the company, organisation and industry forward. Having culminated into a debate at great length, the final decision was made to announce the award this year under two categories - ´CW Man of the Year-Public Sector´ and ´CW Man of the Year-Private Sector´.

Further, as per practice, a report with quantitative analysis of construction companies - data sourced from published annual reports and results published by companies - was presented to the panel to allow them to assess the numbers associated with the companies in each category of fastest growing large or medium or small company. Even in the case of non-listed firms, such data was sourced from the company directly by seeking their audited figures. To ensure authenticity of data during compilation, various checks and balances were put into place. The jury was also informed that the data was further audited selectively to ensure it was error-free.

As a prelude to the discussion of selecting India´s fastest growing companies, a presentation on the parameters of the model was made. This included the definition of large, medium and small companies, and the rationale for the choice of companies along with criteria such as cut-off levels for selecting companies in various categories. Companies not considered for the awards were those with insufficient data available; or those that suffered losses in FY2016; or whose figures were derived mainly from ´in-house performance´.

While deliberating on the data provided in the category ´Fastest Growing Construction Company-Large´ the panel was of the opinion that, ´delivery´ and ´growth´ should also be a criteria, along with profitability. Discussions also involved considering companies that are doing something different and innovative over those who have been conservative in approach. It was further observed that some companies that featured in the category ´Fastest Growing Construction Company-Medium´ this year, featured in the large category last year. While, in all fairness, the winning companies were selected under this category; a serious balance sheet issue was evident, resulting in an increase in the number of loss making companies. However, the jury was optimistic that with next year being a turnaround time, companies will come up.

Further, in the ´Fastest Growing Construction Company-Small´ category, emerging companies made it to leading positions this year. Additionally, the jury made a decision to not consider companies who were major suppliers and did not generate a huge share of the business from contracting activities. In further discussion, the panel agreed that as the objective was to identify the largest and fastest growing companies, the emphasis should be on both top-line and bottom-line growth. Hence, some companies did not make it to the winning list due to a negative growth in profits. After discussing the all-round performance, industry perceptions, and various other concerns of companies during the period under review, some companies that ranked higher in the model were pushed down.

In the end, data was comprehensively scrutinised, a decision made, and the list of India´s fastest growing companies is out! (Read on to know the companies that have made it to the list of winners). This concluded yet another year of a successful jury meet, followed by a successful list of winners.

A jury panel came together on September 7, 2016, at Hotel Four Seasons in Mumbai, to discuss and deliberate upon India's fastest growing companies. In the 14th consecutive year, the CW team stepped forward for an event that brings the construction fraternity together, while awarding promising companies that made their mark in the past year. An intrinsic part has also been to recognise and honour the ´CONSTRUCTION WORLD Man of the Year´. A panel comprising eminent honchos from the industry united to deliberate upon the winners of India´s largest and fastest growing construction companies and select the show stealer - CW Man of the Year. To begin with, the jury was presented with the nominations for the ´CW Man of the Year´. Compiled by the CW Editorial Team, these included construction champions who have made remarkable achievements in the year, and through their efforts, have compelled the company, organisation and industry forward. Having culminated into a debate at great length, the final decision was made to announce the award this year under two categories - ´CW Man of the Year-Public Sector´ and ´CW Man of the Year-Private Sector´. Further, as per practice, a report with quantitative analysis of construction companies - data sourced from published annual reports and results published by companies - was presented to the panel to allow them to assess the numbers associated with the companies in each category of fastest growing large or medium or small company. Even in the case of non-listed firms, such data was sourced from the company directly by seeking their audited figures. To ensure authenticity of data during compilation, various checks and balances were put into place. The jury was also informed that the data was further audited selectively to ensure it was error-free. As a prelude to the discussion of selecting India´s fastest growing companies, a presentation on the parameters of the model was made. This included the definition of large, medium and small companies, and the rationale for the choice of companies along with criteria such as cut-off levels for selecting companies in various categories. Companies not considered for the awards were those with insufficient data available; or those that suffered losses in FY2016; or whose figures were derived mainly from ´in-house performance´. While deliberating on the data provided in the category ´Fastest Growing Construction Company-Large´ the panel was of the opinion that, ´delivery´ and ´growth´ should also be a criteria, along with profitability. Discussions also involved considering companies that are doing something different and innovative over those who have been conservative in approach. It was further observed that some companies that featured in the category ´Fastest Growing Construction Company-Medium´ this year, featured in the large category last year. While, in all fairness, the winning companies were selected under this category; a serious balance sheet issue was evident, resulting in an increase in the number of loss making companies. However, the jury was optimistic that with next year being a turnaround time, companies will come up. Further, in the ´Fastest Growing Construction Company-Small´ category, emerging companies made it to leading positions this year. Additionally, the jury made a decision to not consider companies who were major suppliers and did not generate a huge share of the business from contracting activities. In further discussion, the panel agreed that as the objective was to identify the largest and fastest growing companies, the emphasis should be on both top-line and bottom-line growth. Hence, some companies did not make it to the winning list due to a negative growth in profits. After discussing the all-round performance, industry perceptions, and various other concerns of companies during the period under review, some companies that ranked higher in the model were pushed down. In the end, data was comprehensively scrutinised, a decision made, and the list of India´s fastest growing companies is out! (Read on to know the companies that have made it to the list of winners). This concluded yet another year of a successful jury meet, followed by a successful list of winners.

Next Story
Infrastructure Urban

Güntner Showcases Cooling Tech at China Expo

Güntner showcased its latest refrigeration and air conditioning innovations at China Refrigeration 2026, highlighting digital intelligence and carbon-neutral solutions.The company presented its aicore™ Controls and IoT platform, designed to optimise energy consumption, enable remote monitoring and enhance lifecycle management of cooling systems. The solution integrates advanced controllers and cloud-based capabilities to improve operational efficiency and reduce energy use.Güntner also demonstrated advancements in heat pump technologies, including its role in projects such as the Ordos Zer..

Next Story
Real Estate

Superb Realty Ties Up with Praan for AI Air Tech

Superb Realty has partnered with Praan to deploy AI-powered autonomous air infrastructure across over one million sq ft of real estate in Mumbai, marking a significant move towards intelligent indoor environments.The rollout will begin at Superb Altura and expand across upcoming residential and mixed-use developments. The initiative aims to integrate real-time sensing, adaptive purification and AI-led optimisation to improve indoor air quality and occupant experience.Praan’s technology is designed to remove ultrafine particles significantly smaller than conventional systems and eliminate har..

Next Story
Technology

DAAKit Raises $138,000 in Pre-Seed Round

DAAKit has raised $138,000 in a pre-seed funding round led by Inflection Point Ventures to expand its hyperlocal fulfilment network and strengthen technology capabilities.The company plans to use the funds to launch 25 new dark stores across Tier I and Tier II cities, enhance its technology infrastructure, and expand its leadership and operations teams. Currently operational in Delhi, Gurugram, Mumbai, Bengaluru and Kolkata, DAAKit is also piloting expansion into Tier II markets through Lucknow.Built on an asset-light, technology-driven model, the platform enables brands to position inventory ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement