Top Indian Growth Companies With High Insider Ownership August 2024
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The Indian market has shown impressive growth, rising 44% in the past 12 months, with the Information Technology sector gaining 5.2% last week alone. In this thriving environment, companies with high insider ownership often signal strong confidence from those closest to the business and can be promising candidates for growth-focused investors.
Top 10 Growth Companies With High Insider Ownership In India
| Name | Insider Ownership | Earnings Growth |
| Kirloskar Pneumatic (BSE:505283) | 30.6% | 30.1% |
| Archean Chemical Industries (NSEI:ACI) | 22.9% | 35% |
| Dixon Technologies (India) (NSEI:DIXON) | 24.6% | 36.1% |
| Jupiter Wagons (NSEI:JWL) | 10.8% | 27.2% |
| Happiest Minds Technologies (NSEI:HAPPSTMNDS) | 32.5% | 21.8% |
| Paisalo Digital (BSE:532900) | 16.3% | 24.8% |
| Apollo Hospitals Enterprise (NSEI:APOLLOHOSP) | 10.4% | 32.7% |
| KEI Industries (BSE:517569) | 19.1% | 20.4% |
| Aether Industries (NSEI:AETHER) | 31.1% | 43.6% |
| Pricol (NSEI:PRICOLLTD) | 25.5% | 24% |
Let's uncover some gems from our specialized screener.
Dodla Dairy
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Dodla Dairy Limited, along with its subsidiaries, produces and sells milk and milk products in India and internationally, with a market cap of ?74.29 billion.
Operations: Revenue from milk and milk products amounts to ?32.14 billion.
Insider Ownership: 27.7%
Earnings Growth Forecast: 22.2% p.a.
Dodla Dairy's earnings are forecast to grow 22.15% annually, outpacing the Indian market's growth rate of 16.9%. Revenue is expected to grow at 13.4% per year, faster than the market average but below high-growth benchmarks. Recent Q1 results showed significant improvements with net income rising to INR 650.24 million from INR 349.71 million a year ago, and basic earnings per share increasing to INR 10.93 from INR 5.88 last year.
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Click here and access our complete growth analysis report to understand the dynamics of Dodla Dairy.
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Our valuation report unveils the possibility Dodla Dairy's shares may be trading at a discount.
Happy Forgings
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Happy Forgings Limited manufactures and sells forgings and related components in India and internationally, with a market cap of ?113.52 billion.
Operations: The company's revenue segment primarily consists of Forged and Machined Products, generating ?13.70 billion.
Insider Ownership: 26.8%
Earnings Growth Forecast: 22.2% p.a.
Happy Forgings' earnings are projected to grow 22.2% annually, surpassing the Indian market's growth rate of 16.9%, although revenue growth at 17.6% is below high-growth thresholds but still faster than the market average. Recent Q1 results showed slight declines in net income to INR 638 million from INR 640.38 million a year ago, with basic earnings per share dropping to INR 6.77 from INR 7.16 last year, reflecting some short-term challenges despite strong insider ownership and long-term growth potential.