The economy is on a recovery mode and the bulls in stock market have once again taken the centre stage. The pundits in market have started predicting Sensex to reach 20K and beyond. Is this the beginning of another bull run? In last bull run which started in 2003, many small- and midcap companies broke into the large-cap club by the time rally came into an abrupt end in early 2008. While no one can guarantee about the future performance of current companies, the past performance is an essential tool to predict the future.

For a successful investor it is thrilling to catch a potential multibagger before others spot it. Here are the top 15 fastest growing companies:

Sulzer India

Total Income: Rs 196 cr

Op. Profit: Rs 56 cr

Net Profit: Rs 34 cr

Return on Capital Employed (3 yr average): 61%

Mcap (Monthly avg): Rs 300 cr

CMP: Rs 895

Industry: Capital Goods

Oil Country Tubular

Total Income: Rs 433 cr

Op. Profit: Rs 101 cr

Net Profit: Rs 68 cr

Return on Capital Employed (3 yr average): 76%

Mcap (Monthly avg): Rs 384 cr

CMP: Rs 83

Industry: Steel

Tata Sponge Iron

Total Income: Rs 636 cr

Op. Profit: Rs 172 cr

Net Profit: Rs 108 cr

Return on Capital Employed (3 yr average): 38%

Mcap (Monthly avg): Rs 361 cr

CMP: Rs 250

Industry: Steel

Total Income: Rs 245 cr

Op. Profit: Rs 41 cr

Net Profit: Rs 27 cr

Return on Capital Employed (3 yr average): 48%

Mcap (Monthly avg): Rs 98 cr

CMP: Rs 174

Industry: FMCG

Liberty Phosphate

Total Income: Rs 337 cr

Op. Profit: Rs 33 cr

Net Profit: Rs 18 cr

Return on Capital Employed (3 yr average): 31%

Mcap (Monthly avg): Rs 35 cr

CMP: Rs 24

Industry: Fertilizers

Rain Commodities

Total Income: Rs 1,153 cr

Op. Profit: Rs 224 cr

Net Profit: Rs 105 cr

Return on Capital Employed (3 yr average): 21%

Mcap (Monthly avg): Rs 1,276 cr

CMP: Rs 172

Industry: Cement & cement products

Engineers India

Total Income: Rs 1,903 cr

Op. Profit: Rs 368 cr

Net Profit: Rs 388 cr

Return on Capital Employed (3 yr average): 32%

Mcap (Monthly avg): Rs 6,034 cr

CMP: Rs 1157

Industry: Capital Goods

India Infoline

Total Income: Rs 591 cr

Op. Profit: Rs 173 cr

Net Profit: Rs 109 cr

Return on Capital Employed (3 yr average): 25%

Mcap (Monthly avg): Rs 4,036 cr

CMP: Rs 141

Industry: Finance

Crisil Ltd.

Total Income: Rs 442 cr

Op. Profit: Rs 177 cr

Net Profit: Rs 149 cr

Return on Capital Employed (3 yr average): 45%

Mcap (Monthly avg): Rs 2,795 cr

CMP: Rs 4063

Industry: Miscellaneous

Praj Industries

Total Income: Rs 777 cr

Op. Profit: Rs 140 cr

Net Profit: Rs 130 cr

Return on Capital Employed (3 yr average): 73%

Mcap (Monthly avg): Rs 1,876 cr

CMP: Rs 97

Industry: Capital Goods

Tide Water Oil

Total Income: Rs 573 cr

Op. Profit: Rs 56 cr

Net Profit: Rs 35 cr

Return on Capital Employed (3 yr average): 26%

Mcap (Monthly avg): Rs 434 cr

CMP: Rs 4840

Industry: Oil & Gas

KS Oils

Total Income: Rs 3,397 cr

Op. Profit: Rs 374 cr

Net Profit: Rs 183 cr

Return on Capital Employed (3 yr average): 35%

Mcap (Monthly avg): Rs 2,162 cr

CMP: Rs 68

Industry: Solvent Extraction

Relaxo Footwears

Total Income: Rs 441 cr

Op. Profit: Rs 52 cr

Net Profit: Rs 20 cr

Return on Capital Employed (3 yr average): 24%

Mcap (Monthly avg): Rs 114 cr

CMP: Rs 154

Industry: Leather and leather products

Vinati Organics

Total Income: Rs 207 cr

Op. Profit: Rs 39 cr

Net Profit: Rs 30 cr

Return on Capital Employed (3 yr average): 30%

Mcap (Monthly avg): Rs 197 cr

CMP: Rs 197

Industry: Pharmaceuticals

Bajaj Electricals

Total Income: Rs 1,824 cr

Op. Profit: Rs 190 cr

Net Profit: Rs 96 cr

Return on Capital Employed (3 yr average): 37%

Mcap (Monthly avg): Rs 1,089 cr

CMP: Rs 714

Industry: Consumer Durables