In 2015, large caps occupied 80% of the total market cap of top 500 companies.
By 2025, that share has fallen to 67%.
Meanwhile, the total m-cap of these 500 companies has risen 5x.
(₹87 lakh cr to ₹412 lakh cr)
A 🧵on how the markets have expanded.
Image: @EdelweissMF
HDFC AMC makes a ₹70 net profit from ₹100 sales.
Bharti Airtel makes ₹21.6, Reliance just ₹7.5, and Zomato only ₹2.6.
Why such a huge gap?
The secret lies in Gross, Operating & Net margins.
Let’s break down how profits really flow across industries. A🧵
@NeemansOfficial How a good brand can go down the drain should be learned from “Neemans”. Products have become pathetic & bad, customer care disgusting & useless, no clue on deliveries. U r forced to wait for 2 wks without any resolution. Std reply“wait for 24 to 48 Hrs.#Neemans