Stock Analysis

Indian Exchange Growth Companies With Up To 39% Insider Ownership

NSEI:DOLLAR
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The Indian market has shown robust performance, rising 2.7% over the last week and achieving a notable 45% increase over the past year. With earnings expected to grow by 16% annually, companies with high insider ownership can be particularly appealing, as this often signals strong confidence in the company's future from those who know it best.

Top 10 Growth Companies With High Insider Ownership In India

NameInsider OwnershipEarnings Growth
Archean Chemical Industries (NSEI:ACI)22.9%28.9%
Pitti Engineering (BSE:513519)33.6%28.0%
Rajratan Global Wire (BSE:517522)19.8%33.5%
Dixon Technologies (India) (NSEI:DIXON)24.9%33.5%
Happiest Minds Technologies (NSEI:HAPPSTMNDS)37.8%22.9%
Jupiter Wagons (NSEI:JWL)11.1%27.2%
Paisalo Digital (BSE:532900)16.3%23.8%
JNK India (NSEI:JNKINDIA)23.8%31.8%
Apollo Hospitals Enterprise (NSEI:APOLLOHOSP)10.4%33.1%
Pricol (NSEI:PRICOLLTD)25.5%26.9%

Click here to see the full list of 82 stocks from our Fast Growing Indian Companies With High Insider Ownership screener.

Let's uncover some gems from our specialized screener.

Dollar Industries (NSEI:DOLLAR)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Dollar Industries Limited specializes in manufacturing and selling a range of hosiery products including knitted innerwear, casual wear, and thermal wear, both in India and internationally, with a market capitalization of approximately ₹32.78 billion.

Operations: The company generates revenue primarily from garments, hosiery goods, and rainwear products, totaling ₹15.72 billion.

Insider Ownership: 10.1%

Dollar Industries in India, known for high insider ownership, shows promising financial growth with a significant earnings forecast increase of 29.9% annually. Despite this, its dividend sustainability is questioned due to poor cash flow coverage. The company recently reported a substantial year-over-year revenue and net income increase in Q4 2024, indicating robust short-term performance. However, concerns about its low forecasted Return on Equity at 17.8% suggest potential challenges in maintaining long-term profitability efficiency.

NSEI:DOLLAR Earnings and Revenue Growth as at Jun 2024
NSEI:DOLLAR Earnings and Revenue Growth as at Jun 2024

Lumax Auto Technologies (NSEI:LUMAXTECH)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Lumax Auto Technologies Limited, operating in India, specializes in manufacturing and selling automotive components with a market capitalization of ₹36.24 billion.

Operations: The company generates ₹28.22 billion in revenue from the manufacturing and trading of automotive components.

Insider Ownership: 39.1%

Lumax Auto Technologies, with substantial insider ownership, is poised for notable growth in India. The company's earnings are expected to increase by 33.24% annually, outpacing the broader Indian market's forecast of 16% per year. Additionally, its revenue growth at 14.9% annually also exceeds the market average of 9.6%. Despite these positive trends, Lumax has an unstable dividend track record which could concern income-focused investors. Recent financial reports highlight a significant year-over-year increase in both revenue and net income for FY 2023-24.

NSEI:LUMAXTECH Earnings and Revenue Growth as at Jun 2024
NSEI:LUMAXTECH Earnings and Revenue Growth as at Jun 2024

Sonata Software (NSEI:SONATSOFTW)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Sonata Software Limited offers information technology services and solutions across India, the United States, Europe, the Middle East, and Australia, with a market capitalization of approximately ₹156.58 billion.

Operations: The firm generates revenue from providing IT services and solutions across various global regions including India, the US, Europe, the Middle East, and Australia.

Insider Ownership: 37.9%

Sonata Software, despite a decline in net profit and unstable dividends, shows promising signs of growth with significant earnings forecasted to rise annually by 27.4%, outstripping the Indian market's average. Insider activity leans towards more buying than selling recently, indicating confidence from those within the company. Recent partnerships aim to enhance technological capabilities and market reach, potentially boosting future performance.

NSEI:SONATSOFTW Earnings and Revenue Growth as at Jun 2024
NSEI:SONATSOFTW Earnings and Revenue Growth as at Jun 2024

Summing It All Up

Curious About Other Options?

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.

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