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Annuals Author: - August 17, 2005
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Final Rankings

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    Company Year No
    of    		 Annualized Annualized Gross ROCE Growth
    (%)    		 Ranking
      Months Sales Profit Block (%) Sales Profit Gross
    Blk    		 Current Previous
    TCS 5-Mar 12 9,748 1,977 1,171 76 67 20 315 1 NA
    Infosys 5-Mar 12 7,130 1,847 2,205 45 47 48 42 2 1
    Wipro 5-Mar 12 7,472 1,629 2,089 41 31 58 34 3 2
    Aztec
    Software    		 5-Mar 12 98 17 40 22 137 1179 170 4 59
    Moser
    Baer    		 4-Mar 12 1,521 329 2721 19 39 41 38 5 3
    Satyam
    Computer    		 5-Mar 12 3,521 712 998 25 38 41 16 6 7
    HCL
    Infosystems    		 4-Jun 12 4,308 168 150 44 64 93 12 7 4
    KPIT
    Cummins    		 5-Mar 12 252 28 56 25 99 96 164 8 12
    HCL
    Technologies    		 4-Jun 12 2,564 620 727 20 20 213 14 9 11
    Cranes
    Software    		 5-Mar 12 163 46 165 34 44 41 112 10 10
    Tata
    Elxsi    		 5-Mar 12 186 26 60 66 21 54 37 11 13
    Hexaware 4-Dec 12 546 63 140 29 61 186 20 12 21
    Geometric
    Software    		 5-Mar 12 168 28 111 38 59 35 42 13 22
    Geodesic
    Information    		 4-Mar 12 17 8 12 29 82 121 18 14 6
    Flextronics 4-Mar 12 358 77 214 30 63 106 13 15 41
    i-flex
    Solutions    		 5-Mar 12 1,139 231 216 28 44 28 29 16 17
    Subex
    Systems    		 5-Mar 12 117 25 55 23 33 41 156 17 24
    Patni
    Computer    		 4-Dec 12 1,477 258 400 29 27 44 23 18 5
    Infotech
    Enterprises    		 5-Mar 12 257 25 100 37 37 183 12 19 33
    Nucleus
    Software    		 5-Mar 12 103 20 44 28 29 126 75 20 52
    Jetking
    Infotrain    		 4-Mar 12 36 2 5 56 16 25 16 21 28
    Sonata
    Software    		 5-Mar 12 329 16 44 16 48 66 53 22 55
    Rolta
    India    		 4-Jun 12 351 64 530 20 31 16 21 23 37
    Hinduja
    TMT    		 4-Mar 12 261 62 218 33 23 83 6 24 27
    iGate
    Global Sol    		 5-Mar 12 580 9 199 12 2 466 29 25 34
    NIIT
    Technologies    		 5-Mar 12 543 59 212 35 10 77 11 26 NA
    Zenith
    Infotech    		 4-Mar 12 30 1 9 3 96 200 -40 27 58
    KLG
    Systel    		 4-Mar 12 38 3 29 15 51 184 10 28 44
    Helios
    Matheson    		 4-Mar 12 42 5 40 27 37 29 24 29 29
    RS
    Software    		 5-Mar 12 82 -1 50 32 37 NA 5 30 43
    Tata
    Infotech    		 4-Mar 12 586 58 142 25 29 94 -9 31 46
    Polaris
    Software    		 5-Mar 12 787 58 321 18 22 -17 35 32 18
    Aftek
    Infosys    		 4-Jun 12 139 45 16 26 44 11 0 33 26
    Goldstone
    Technologies    		 4-Mar 12 57 4 16 30 16 145 5 34 50
    Zenith
    Computers    		 4-Mar 12 262 3 30 11 37 185 18 35 42
    Megasoft 4-Dec 12 85 -6 26 -2 60 NA 66 36 25
    Zensar
    Technologies    		 5-Mar 12 345 -4 94 17 29 NA 38 37 36
    Spanco
    Telesys    		 4-Mar 12 64 6 26 22 20 173 7 38 20
    Blue
    Star Info    		 5-Mar 12 107 10 33 29 2 -48 73 39 19
    VXL
    Instruments    		 4-Mar 12 49 -3 19 4 69 NA 8 40 62
    Datamatics
    Tech    		 5-Mar 12 150 24 60 13 45 -12 9 41 8
    VisualSoft
    Technologies    		 4-Mar 12 154 38 95 22 25 16 4 42 32
    Mastek 4-Jun 12 400 28 132 25 8 -42 18 43 14
    D-Link
    (India)    		 5-Mar 12 284 28 67 19 26 -7 -4 44 31
    GTL 4-Mar 12 606 95 783 12 -5 13 -13 45 23
    Orient
    Information    		 4-Mar 12 33 4 34 7 16 NA 75 46 67
    Compucom
    Software    		 4-Mar 12 36 6 18 14 1 160 20 47 57
    3i
    Infotech    		 5-Mar 12 207 18 208 9 7 47 27 48 16
    CMC 5-Mar 12 807 24 129 16 3 -46 -4 49 30
    MRO-TEK 4-Mar 12