In a meticulous selection process, the ET Awards for Corporate Excellence nominees were identified through rigorous data scrutiny by the ET Intelligence Group. Firms were assessed on financial metrics including sales, profits, and market valuation, with an eye on their growth trajectories over the past three years.
The list of nominees for the ET Awards for Corporate Excellence was drawn up based on a wide range of data sourced and crunched by the ET Intelligence Group. The exercise started several months in advance and continued right up to the eve of the jury meeting to ensure the information is accurate and up to date.
Nominees for Company of the Year and Emerging Company of the Year were shortlisted based on a composite score calculated using multiple financial parameters. For Company of the Year, those under consideration were profitable enterprises that listed before April 1, 2025, with an average market cap of more than ₹25,000 crore in the month of March. They were then ranked on a composite score calculated by using the following data points:
1) Net sales (FY25)
2) Operating profit (FY25)
3) Net profit (FY25)
4) Market capitalisation (average of March 2025)
5) Return on equity (3-year average)
6) Share price return from March 31, 2024, to March 31, 2025
7) Growth in revenue over a three-year period (CAGR)
8) Growth in operating profit over a three-year period (CAGR)
9) Growth in net profit over a three-year period (CAGR)
The top companies based on this composite score were shortlisted and the jury deliberated on the merits of each of these.
Those considered for Emerging Company of the Year, were profitable entities incorporated after 2010 and that had gone public since then, with an average market cap of over ₹5,000 crore in March. The composite score for these companies was calculated using the same nine parameters, but with a difference in weighting. Absolute numbers (parameters 1-5) were given equal weights, while growth numbers (parameters 6-9) were assigned a weight of 2x, to correct for distortions, and the top companies were shortlisted for the jury to discuss.
For the Conscious Corporate of the Year, BSE 100 companies with a Crisil ESG score of 60 or higher and MorningStar Sustainalytics ESG Risk score of 30 or lower were considered, and shortlisted based on thoughtful and impactful CSR spending.
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