Top 3 Growth Companies With High Insider Ownership On The Indian Exchange

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Over the past 7 days, the Indian market has risen 1.6%, contributing to an impressive 44% increase over the last 12 months, with earnings forecasted to grow by 17% annually. In such a robust environment, growth companies with high insider ownership often stand out as promising investments due to their potential for strong performance and alignment of interests between company leaders and shareholders.

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)

30.3%

30.1%

Dixon Technologies (India) (NSEI:DIXON)

24.6%

31.2%

Jupiter Wagons (NSEI:JWL)

10.8%

27.4%

Happiest Minds Technologies (NSEI:HAPPSTMNDS)

32.5%

22.2%

Paisalo Digital (BSE:532900)

16.3%

24.8%

Apollo Hospitals Enterprise (NSEI:APOLLOHOSP)

10.4%

32.3%

KEI Industries (BSE:517569)

18.7%

22.4%

Pricol (NSEI:PRICOLLTD)

25.5%

24%

Aether Industries (NSEI:AETHER)

31.1%

45.9%

Click here to see the full list of 93 stocks from our Fast Growing Indian Companies With High Insider Ownership screener.

Let's explore several standout options from the results in the screener.

Astral

Simply Wall St Growth Rating: ★★★★★☆

Overview: Astral Limited, along with its subsidiaries, manufactures and markets pipes, water tanks, adhesives, and sealants in India and internationally with a market cap of ?539.55 billion.

Operations: Astral's revenue segments include Plumbing, which generated ?42.17 billion, and Paints and Adhesives, contributing ?15.25 billion.

Insider Ownership: 39.4%

Revenue Growth Forecast: 17.3% p.a.

Astral Limited demonstrates strong growth potential with high insider ownership. The company forecasts significant earnings growth of 23.5% per year, outpacing the Indian market's 17.3%. Recent developments include the commissioning of a new Hyderabad plant and consolidation of adhesive manufacturing operations to more efficient locations in Rania and Dahej. Despite modest revenue growth (17.3% annually), Astral's first-quarter earnings showed stable performance with sales at ?13,836 million and net income at ?1,204 million.

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

Happiest Minds Technologies

Simply Wall St Growth Rating: ★★★★★★

Overview: Happiest Minds Technologies Limited offers IT solutions and services across various countries, including India, the United States, Canada, and several others, with a market cap of ?123.60 billion.

Operations: The company's revenue segments include Infrastructure Management & Security Services (IMSS) at ?3.02 billion and a segment adjustment of ?13.69 million.

Insider Ownership: 32.5%

Revenue Growth Forecast: 22.1% p.a.

Happiest Minds Technologies showcases robust growth potential with high insider ownership. The company’s earnings are forecast to grow 22.22% annually, significantly outpacing the Indian market's 17.3%. Recent board appointments of Mittu Sridhara and Rajiv Shah aim to bolster its strategic direction. Despite a dip in net income for Q1 FY2025 (?510.3 million), revenue grew to ?4,892.6 million from ?4,045.3 million year-over-year, highlighting strong operational performance amidst expansion efforts and innovative service offerings like Watch360.

NSEI:HAPPSTMNDS Ownership Breakdown as at Sep 2024
NSEI:HAPPSTMNDS Ownership Breakdown as at Sep 2024

One97 Communications

Simply Wall St Growth Rating: ★★★★☆☆

Overview: One97 Communications Limited offers payment, commerce and cloud, and financial services to consumers and merchants in India with a market cap of ?448.93 billion.

Operations: The company's revenue segments include data processing, which generated ?91.38 billion.

Insider Ownership: 20.7%

Revenue Growth Forecast: 12.1% p.a.

One97 Communications, with significant insider ownership, is poised for robust growth. The company recently divested its entertainment ticketing business to Zomato for ?20.48 billion, strengthening its focus on core payments and financial services. Despite a net loss of ?8.39 billion in Q1 FY2025, strategic partnerships like the one with FlixBus and new product launches such as Paytm Health Saathi highlight its commitment to diversifying revenue streams and enhancing service offerings.

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

Summing It All Up

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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:ASTRAL NSEI:HAPPSTMNDS and NSEI:PAYTM.

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