Recycling water makes for a healthy planet (and a healthy balance sheet)
Water, water everywhere not a drop to drink. India has 17 percent of the world’s population and perhaps 4 percent of world’s water. We hear of villagers walking kilometres to fetch water and we hear of urban areas where water is supplied for just a few hours. Doshion is one of the few companies—the publicly-listed VA Tech Wabag is another—which has the technology and the business model to cater to a variety of water needs like helping industries reuse water or developing projects to allow municipalities supply clean drinking water. Doshion closed last year with sales of Rs 587.25 crore and a net profit of Rs 25.20 crore, while its FY2011 sales were Rs 391.67 crore and net profit was Rs 14.53 crore.
(This story appears in the 09 November, 2012 issue of Forbes India. To visit our Archives, click here.)