Over the last 7 days, the Indian market has remained flat, but it has seen a significant rise of 40% over the past 12 months, with earnings forecasted to grow by 17% annually. In this environment, identifying growth companies with high insider ownership can be crucial as they often indicate strong confidence from those who know the business best.
Top 10 Growth Companies With High Insider Ownership In India
Overview: Awfis Space Solutions Limited offers flexible workspace solutions in India and has a market cap of ?52.61 billion.
Operations: The company's revenue primarily comes from Co-Working Space on Rent and Allied Services, generating ?6.65 billion, followed by Construction and Fit-Out Projects contributing ?2.29 billion.
Insider Ownership: 25.4%
Earnings Growth Forecast: 89.3% p.a.
Awfis Space Solutions, with significant insider ownership, is experiencing rapid growth through strategic expansions in key Indian cities like Pune and Bengaluru. The company recently launched a premium workspace in GIFT City, enhancing its presence in financial hubs. Despite high share price volatility, Awfis's revenue is projected to grow substantially above market rates at 28.8% annually. Recent auditor changes and bylaw alterations indicate active governance adjustments to support its dynamic business strategy.
Overview: Dodla Dairy Limited, with a market cap of ?78.43 billion, operates in the production and sale of milk and milk products both in India and internationally.
Operations: The company's revenue is primarily derived from its milk and milk products segment, totaling ?32.14 billion.
Insider Ownership: 27.5%
Earnings Growth Forecast: 23.1% p.a.
Dodla Dairy's earnings have shown impressive growth, with a 48.7% increase over the past year and future earnings expected to grow significantly at 23.1% annually, surpassing the Indian market average. Despite slower revenue growth projections of 13.7%, Dodla outpaces the broader market's rate of 10.2%. Recent insider activity reveals substantial selling in the past quarter, though more shares were bought than sold over three months, indicating mixed insider sentiment amidst their high ownership stakes.
Overview: Kirloskar Oil Engines Limited is engaged in the manufacturing and distribution of diesel engines, agricultural pump sets, electric pump sets, power tillers, generating sets, and spares both in India and internationally, with a market cap of ?174.85 billion.
Operations: The company's revenue segments include B2B at ?42.78 billion, B2C at ?11.13 billion, and Financial Services at ?5.99 billion.
Insider Ownership: 23.2%
Earnings Growth Forecast: 19% p.a.
Kirloskar Oil Engines is poised for growth with expected annual earnings growth of 19%, outpacing the Indian market. The company trades at a favorable P/E ratio of 36.8x compared to its industry, suggesting good relative value. Despite revenue growth projections of 10.6% not being significant, recent capacity expansion plans and strategic acquisitions align with its core competencies, supported by a strong balance sheet and prudent investment approach, enhancing future prospects amidst high insider ownership.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.The analysis only considers stock directly held by insiders. It does not include indirectly owned stock through other vehicles such as corporate and/or trust entities. All forecast revenue and earnings growth rates quoted are in terms of annualised (per annum) growth rates over 1-3 years.
Companies discussed in this article include NSEI:AWFIS NSEI:DODLA and NSEI:KIRLOSENG.
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