Tops Grup Wins Frost and Sullivan Business Excellence Award
Bags the honour for its contribution to the security services in India
Tweet-- New Delhi, 17th October: Tops Grup, India’s leading security services company, today bagged the Frost and Sullivan Business Excellence award for their contribution to the security services in India. The awards are presented to the companies in recognition of their outstanding contribution to the industry and for achieving a competitive, customer-based leading position in the market.
Speaking on the occasion, Diwan Rahul Nanda, Chairman & Managing Director, TopsGrup Securities. “It is an honour to receive the award and we would like to thank our clients who have the confidence in our services. We believe there is no better substitute for diligent advice and client focus. We stand committed to building long term relationships with our clients.”
The companies that are commended as Frost & Sullivan Excellence Award recipients are those with the diligence, perseverance, and dedication required to develop a successful business plan and excel in the increasingly competitive global marketplace.
Frost & Sullivan follows a rigorous selection methodology unmatched by any other firm. The award audit results are an invaluable source of strategic information and ideas that go a long way in the creation of growth strategies and improvement of business processes, which effectively drives corporate growth.
Notes to Editor
About TOPSGRUP©SMTOPSGRUP©SM is an ISO 9001:2000-certified conglomerate of 9 companies and 1 specialized division offering Total Security Solutions to over 5000 clients in India which include Tatas, Birlas, Suzlon, ONGC, ICICI, HSBC, Stanchart, Airtel, Vodafone, etc. Its flagship company, Tops Security Limited, which has attracted the investments from ICICI Ventures and the Futures Group, is a national leader and undisputedly the most preferred brand in the country. TOPSGRUP©SM is networked out of 110 offices in the country and employs over 50000 permanent employees.
With a turnover in excess of INR 260 crores (2006-07) and projected (2007-08) turnover in excess of INR 900 crores (Organic - Rs. 467 crores and Inorganic - Rs 451 crores) TOPSGRUP©SM is by far the No.1 brand in the Indian security industry and growing at a rapid CAGR of over 50%.
Over the last three years, the group's Turnover and Y-O-Y growth respectively have been as follows:
o 2004-05 - Turnover Rs. 132.37 cr and YOY growth 33.75%
o 2005-06 - Turnover Rs. 174.33 cr and YOY Growth 31.70 %
o 2006-07- Turnover Rs 270 cr and YOY Growth 55%
TOPSGRUP©SM is probably the only single largest Indian security group to offerTotal Security Solutions that includes manned guarding, investigations, cash management services, special security squads for executive protection, event security management, facility management, advanced training, security audits, integration of security systems and emergency response services like TOPSLINE 1252 and Tops Air Rescue.
By 2012, TOPSGRUP©SM envisions becoming the single largest security group in the country with a strong international brand presence. TOPSGRUP©SM with its ambitious inorganic and organic drive is poised to reach its vision of becoming an US $ 1 billion group by the year 2012. TOPSGRUP©SM over the next 5 years will increase its operations to the United Kingdom, USA, Europe, Middle East and Australia.
For futher information, please contact:
Rachit Verma (09811335356)
Sampark Public Relations