India's 8 fastest-growing companies

These companies are poised to be star performers in the future.

The Economic Times lists these companies as the fastest growing companies in India.

Find out more about the 8 companies to watch out for...

Jaypee Infratech (Rank 1)

The Jaypee Group is a diversified infrastructure conglomerate in India with interests in civil engineering and construction, cement, power, real estate, expressways and hospitality.

Net profit (FY11): Rs 1,435.06 crore (Rs 14.35 billion)
Mcap: Rs 4,666.70 crore (as of Dec 22)

(Net profit as of FY11, Mcap as of Dec 22)

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Jaypee Infratech Limited (JIL) will build the 165 km long 6-lane Access-Controlled Yamuna Expressway in Uttar Pradesh connecting Noida and Agra.

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Manappuram Finance (Rank 2)

Manappuram Finance (MAFIL) is India's first listed and highest credit rated gold loan company.

The company is now recognised as a leading national player in its core activity of gold loans.

Net profit (FY11): Rs 2,82.66 crore (2.82 billion)
Mcap: Rs 3,722.47 crore (Rs 37.22 billion)

Established in 1992, it has over 2,500 branches across 22 states with assets under management (AUM) exceeding Rs 10,000 crore (Rs 100 billion).

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Reliance Power (Rank 3)

Reliance Power, a part of the Reliance Anil Dhirubhai Ambani Group, was established to develop, construct and operate power projects in the domestic and international markets.

Net profit (FY11): Rs 274.55 crore (Rs 2.74 billion)
Mcap: Rs 20,421.13 crore (Rs 204.21 billion)

Along with its subsidiaries, it is presently developing 13 medium and large-sized power projects with a combined planned installed capacity of 33,480 MW.

Reliance Natural Resources has already been merged with Reliance Power in 2010.

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Shree Renuka Sugars (Rank 4)

Shree Renuka Sugars is India's largest sugar refiner and ethanol producer based in Mumbai with a refining capacity of 4000 tonnes/day.

Net profit: Rs 49.50 crore (Rs 495 million)
Mcap: Rs 1,758.81 crore

Shree Renuka Sugars has a market share of 21 per cent in India's fuel ethanol market. It also accounts for 20 per cent of India's international sugar trade.

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SKS Microfinance (Rank 5)

SKS Microfinance (SKS) is a non-banking finance company (NBFC), regulated by the Reserve Bank of India.

Mcap: Rs 747.53 crore (Rs 7.47 billion)
Net profit: Rs 111.63 crore (Rs 1.11 billion)

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SKS aims to eradicate poverty by providing financial services to the poor. The company operates across 19 states in India.

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IL& FS (Rank 6)

Infrastructure Leasing & Financial Services Limited (IL&FS) is one of India's leading infrastructure development and finance companies.

IL&FS was promoted by the Central Bank of India (CBI), Housing Development Finance Corporation Limited (HDFC) and Unit Trust of India (UTI).

Mcap: Rs 437.31 crore (Rs 4.37 billion)
Net profit: Rs 2.91 crore (Rs 29.1 million)

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The organisation has focussed on the commercialisation and development of infrastructure projects and creation of value added financial services

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Muthoot Finance (Rank 7)

One of India's largest gold financing companes in terms of loan portfolio, Muthoot offers provide personal and business loans secured by gold jewellery.

Mcap: Rs 5,705.60 crore (Rs 57.05 billion)
Net profit: Rs 494.18 crore (Rs 4.94 billion)

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The company's gold loan portfolio stands at 4.1 million loan accounts as of November 30, 2010.

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Polyplex Corp (Rank 8)

Polyplex India manufactures and sells Polyester (PET) Film with an installed capacity of 20000 TPA (Ton Per Annum).

Polyplex India was incorporated in 1984. The Company had started it commercial production in May 1988 with its first line for PET Film.

Mcap: Rs 490.40 crore (Rs 4.9 billion)
Net profit: Rs 176.53 (Rs 1.76 billion)

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Polyplex Corporation is listed on the National Stock Exchange and Bombay Stock Exchange.