Generally, it is difficult to sustain high growth for large-cap companies because of a comparatively large base. In other words, it’s relatively easier to clock a 100% growth over INR 1,000 crore revenue, than on a base of INR 10,000 crore revenue.

However, there are a few blue-chip companies that are making strides when it comes to their revenue growth over the past few years. In that vein, here are 2 blue chips (among the top 100 largest NSE-listed companies) that have clocked the fastest growth in revenue over the last 5 years.

Zomato Limited

Zomato Ltd (NS:) is a well-known food delivery service platform with a market capitalization of INR 82,225 crore. Although the company is still loss-making on an annual basis, its first-ever quarterly profit of INR 2 crore in Q1 FY24 is changing the perception of the street. The stock has already rallied from INR 46 odd levels in January 2023 to the CMP of INR 97.6, however, there’s still some potential left as the company has finally started to post profits.

FIIs hold a staggering 54.42% stake in the company, as of June 2023, up from 9.98% in the same period a year ago. You might get surprised to know that Zomato is increasing its revenue at a 5-year CAGR of 73.9%, making it the fastest-growing company among all large caps.

Adani Green Energy Limited

Adani Green Energy Ltd (NS:) is an Adani Group company that is engaged in building and operating wind and solar energy power plants, having a market capitalization of INR 1,53,001 crore. The stock got hammered after Hindenburg Research’s report alleging the entire group of fraudulent activities and therefore its last 12 months’ return is a negative 55.3%.

However, there’s no denying that it is the second-fastest growing company in the large-cap space, increasing its revenue at a 5-year CAGR of 41.5% to a record-high figure of INR 8,692 crore in FY23. Looking at the shareholding pattern, FIIs have increased their stake in both quarters of 2023 to 18.26%, from 15.14% in December 2022. It is also to be noted, that the stock is trading at an expensive TTM P/E ratio of 141.41.

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