Three Indian Growth Stocks With High Insider Ownership

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The Indian market has experienced a flat performance in the past week but has shown impressive growth, rising 40% over the last 12 months, with earnings projected to grow by 17% annually. In this context of robust market expansion, identifying growth companies with high insider ownership can be particularly appealing as it often indicates confidence from those closest to the business and potential alignment with shareholder interests.

Top 10 Growth Companies With High Insider Ownership In India

Name

Insider Ownership

Earnings Growth

Archean Chemical Industries (NSEI:ACI)

22.9%

34%

Kirloskar Pneumatic (BSE:505283)

30.3%

30.1%

Jupiter Wagons (NSEI:JWL)

10.8%

27.4%

Dixon Technologies (India) (NSEI:DIXON)

24.6%

30.8%

Paisalo Digital (BSE:532900)

16.3%

24.8%

Apollo Hospitals Enterprise (NSEI:APOLLOHOSP)

10.4%

32.3%

Rajratan Global Wire (BSE:517522)

18.3%

35.8%

KEI Industries (BSE:517569)

19.2%

22.5%

Aether Industries (NSEI:AETHER)

31.1%

44.4%

Pricol (NSEI:PRICOLLTD)

25.5%

24%

Click here to see the full list of 89 stocks from our Fast Growing Indian Companies With High Insider Ownership screener.

Underneath we present a selection of stocks filtered out by our screen.

Five-Star Business Finance

Simply Wall St Growth Rating: ★★★★★☆

Overview: Five-Star Business Finance Limited is a non-banking financial company in India with a market cap of ?254.27 billion.

Operations: The company generates revenue from MSME Loans, Housing Loans, and Property Loans totaling ?17.79 billion.

Insider Ownership: 18.7%

Earnings Growth Forecast: 20.5% p.a.

Five-Star Business Finance demonstrates strong growth potential with forecasted revenue and earnings growth exceeding 20% annually, outpacing the Indian market. Insider ownership remains significant, as evidenced by recent private placements involving key executives. However, its debt coverage is a concern due to insufficient operating cash flow. The company’s price-to-earnings ratio of 28.1x offers a more attractive valuation compared to the broader Indian market at 34.1x, though return on equity projections remain modest at 19.4%.

NSEI:FIVESTAR Ownership Breakdown as at Oct 2024
NSEI:FIVESTAR Ownership Breakdown as at Oct 2024

Hi-Tech Pipes

Simply Wall St Growth Rating: ★★★★★☆

Overview: Hi-Tech Pipes Limited is an Indian company that manufactures and sells steel, with a market capitalization of ?37.57 billion.

Operations: The company's revenue primarily comes from the manufacturing of steel pipes and CR products, amounting to ?29.24 billion.