Company wins prestigious award for third consecutive year.
Nitin Fire Protection Industries Ltd. has been selected by Forbes in its list of 200 best under a billion companies in Asia Pacific.
The selection is made out of companies that have annual revenue between $ 5 million and $ 1 billion and are publicly traded for at least a year. The selection is based on earnings growth, sales growth and return on equity in the past twelve months and over three years.
Mr. Rahul Shah, Executive Director, Nitin Group received the accolade at a function organized by Forbes on 10th November 2011, in Hongkong.
Nitin Fire Protection Industries Ltd. is engaged in the manufacture of firefighting equipment under the brand name NITIE and provides total solutions including procurement, designing, system integration, commissioning and installation of safety and security solutions/intelligent building management systems, manufacturing compressed natural gas cylinders/cascades and execution of annual maintenance contracts for fire protection/intelligent building management systems. Nitin Fire Protection has also entered into a non-integrated, un-incorporated joint venture for oil exploration block.
