3 Indian Growth Stocks With Up To 29% Insider Ownership

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The Indian market has shown impressive performance, rising 1.2% over the last week and 41% over the past year, with earnings forecasted to grow by 17% annually. In this thriving environment, growth companies with significant insider ownership can be particularly attractive due to the confidence and alignment of interests they demonstrate from those within the company.

Top 10 Growth Companies With High Insider Ownership In India

Name

Insider Ownership

Earnings Growth

Archean Chemical Industries (NSEI:ACI)

22.9%

33.7%

Kirloskar Pneumatic (BSE:505283)

30.4%

30.1%

Dixon Technologies (India) (NSEI:DIXON)

24.6%

31%

Happiest Minds Technologies (NSEI:HAPPSTMNDS)

32.5%

22.2%

Jupiter Wagons (NSEI:JWL)

10.8%

27.4%

Paisalo Digital (BSE:532900)

16.3%

24.8%

Apollo Hospitals Enterprise (NSEI:APOLLOHOSP)

10.4%

32.3%

Rajratan Global Wire (BSE:517522)

19.8%

35.8%

KEI Industries (BSE:517569)

18.7%

22.4%

Aether Industries (NSEI:AETHER)

31.1%

45.9%

Click here to see the full list of 92 stocks from our Fast Growing Indian Companies With High Insider Ownership screener.

Here we highlight a subset of our preferred stocks from the screener.

Awfis Space Solutions

Simply Wall St Growth Rating: ★★★★★☆

Overview: Awfis Space Solutions Limited provides flexible workspace solutions in India and has a market cap of ?50.07 billion.

Operations: Awfis Space Solutions Limited generates revenue primarily from Co-Working Space on Rent and Allied Services (?6.65 billion) and Construction and Fit-Out Projects (?2.29 billion).

Insider Ownership: 25.4%

Awfis Space Solutions is forecast to grow earnings by 72.41% annually and become profitable within three years, outpacing the Indian market's average growth. Despite high revenue growth (25.6% per year), the company has experienced significant insider selling and a highly volatile share price over the past three months. Recent expansions include a new center in GIFT City, Gandhinagar, and partnerships in Pune, enhancing its premium flexible workspace offerings across India’s key business hubs.

NSEI:AWFIS Earnings and Revenue Growth as at Sep 2024
NSEI:AWFIS Earnings and Revenue Growth as at Sep 2024

Kirloskar Oil Engines

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Kirloskar Oil Engines Limited manufactures and distributes diesel engines, agricultural pump sets, electric pump sets, power tillers, generating sets, and spares in India and internationally with a market cap of ?185.31 billion.

Operations: The company's revenue segments are B2B (?42.78 billion), B2C (?11.13 billion), and Financial Services (?5.99 billion).