Top Growth Companies With High Insider Ownership On Indian Exchanges September 2024
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In the last week, the Indian market has been flat, but over the past 12 months, it has risen by an impressive 43%, with earnings forecasted to grow by 17% annually. In this robust environment, growth companies with high insider ownership can be particularly attractive as they often indicate strong confidence from those who know the business best.
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% |
| Happiest Minds Technologies (NSEI:HAPPSTMNDS) | 32.5% | 22.2% |
| Dixon Technologies (India) (NSEI:DIXON) | 24.6% | 36.6% |
| 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% |
| KEI Industries (BSE:517569) | 18.7% | 22.4% |
| Aether Industries (NSEI:AETHER) | 31.1% | 45.9% |
| Pricol (NSEI:PRICOLLTD) | 25.5% | 24% |
Below we spotlight a couple of our favorites from our exclusive screener.
AU Small Finance Bank
Simply Wall St Growth Rating: ★★★★★☆
Overview: AU Small Finance Bank Limited provides a range of banking and financial services in India and has a market cap of ?522.55 billion.
Operations: AU Small Finance Bank's revenue segments include Treasury (?18.63 billion), Retail Banking (?103.26 billion), Wholesale Banking (?12.74 billion), and Other Banking Operations (?3.78 billion).
Insider Ownership: 24.3%
AU Small Finance Bank has shown robust earnings growth, reporting a net income of ?5.03 billion for Q1 2024, up from ?3.87 billion a year ago. Despite some regulatory penalties and management changes, the bank's revenue is forecast to grow at 24.2% annually, outpacing the Indian market's 10% rate. With substantial insider ownership and a price-to-earnings ratio of 31.7x below the market average, it remains an attractive growth prospect despite past shareholder dilution and low future return on equity forecasts (16.7%).
Krishna Institute of Medical Sciences
Simply Wall St Growth Rating: ★★★★★☆
Overview: Krishna Institute of Medical Sciences Limited operates under the KIMS Hospitals brand, offering medical and healthcare services in India, with a market cap of ?214.42 billion.
Operations: The company's revenue segment consists of ?25.81 billion from medical and healthcare services.