Stock Analysis
Three Indian Growth Stocks With At Least 34% Insider Ownership
Reviewed by Simply Wall St
In the last week, the Indian market has remained steady, while it has shown a significant increase of 46% over the past year with earnings expected to grow by 16% annually. In this context, stocks with high insider ownership can be particularly interesting as they often indicate that those who know the company best are confident in its future prospects.
Top 10 Growth Companies With High Insider Ownership In India
| Name | Insider Ownership | Earnings 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% | 22.7% |
| Jupiter Wagons (NSEI:JWL) | 11.1% | 27.2% |
| Paisalo Digital (BSE:532900) | 16.3% | 23.8% |
| JNK India (NSEI:JNKINDIA) | 23.8% | 31.8% |
| Chalet Hotels (NSEI:CHALET) | 13.1% | 27.6% |
| Aether Industries (NSEI:AETHER) | 31.1% | 39.8% |
Below we spotlight a couple of our favorites from our exclusive screener.
Astral (NSEI:ASTRAL)
Simply Wall St Growth Rating: ★★★★★☆
Overview: Astral Limited operates in the manufacturing and marketing of pipes, water tanks, and adhesives and sealants both in India and internationally, with a market capitalization of approximately ₹640.80 billion.
Operations: The company generates revenue primarily through its plumbing and paints and adhesives segments, with earnings of ₹41.42 billion and ₹14.99 billion respectively.
Insider Ownership: 39.4%
Astral Limited, a growth-focused company with substantial insider ownership in India, has demonstrated consistent financial performance with a notable increase in sales and revenue for the fiscal year ending March 2024. Despite a slight dip in net income and earnings per share in the fourth quarter compared to the previous year, annual figures show significant improvement. The company's robust forecast includes an expected high return on equity and earnings growth projected at 23% annually over the next three years, outpacing market averages. This performance is underpinned by recent affirmations of dividends, underscoring confidence from management despite no major insider buying recently.
- Click to explore a detailed breakdown of our findings in Astral's earnings growth report.
- Our expertly prepared valuation report Astral implies its share price may be too high.
Info Edge (India) (NSEI:NAUKRI)
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Info Edge (India) Limited is an online classifieds company operating in recruitment, matrimony, real estate, and education sectors both in India and internationally, with a market capitalization of approximately ₹857.75 billion.
Operations: The company generates revenue primarily from recruitment solutions and real estate, with ₹18.80 billion from the former and ₹3.51 billion from the latter.
Insider Ownership: 37.9%
Info Edge (India) Limited, a company with notable insider ownership, has shown promising growth with a substantial increase in revenue and net income for the fiscal year ended March 2024. The firm recently announced a dividend, reflecting confidence despite past volatility in payouts. Upcoming earnings are expected to grow significantly, outpacing the Indian market's average. However, concerns include regulatory challenges such as a recent GST-related penalty. Insider transactions have been balanced with no significant buying or selling reported recently.
- Click here and access our complete growth analysis report to understand the dynamics of Info Edge (India).
- Upon reviewing our latest valuation report, Info Edge (India)'s share price might be too optimistic.
Persistent Systems (NSEI:PERSISTENT)
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Persistent Systems Limited is a global company engaged in providing software products, services, and technology solutions, with a market capitalization of approximately ₹583.81 billion.
Operations: The company generates its revenue from three primary segments: Healthcare & Life Sciences (₹20.88 billion), Software, Hi-Tech and Emerging Industries (₹45.95 billion), and Banking, Financial Services and Insurance (BFSI) at ₹31.39 billion.
Insider Ownership: 34.3%
Persistent Systems, while not the fastest-growing among Indian tech firms, still presents a solid case with its insider ownership dynamics. Its earnings are expected to grow by 18.18% annually, outpacing the broader Indian market's growth rate. The company maintains a reliable dividend yield of 0.65%, reflecting stable financial health amid recent executive changes and innovative product launches like the GenAI Hub. These factors collectively underscore Persistent's potential in leveraging insider commitment towards sustained growth and innovation in technology solutions.
- Unlock comprehensive insights into our analysis of Persistent Systems stock in this growth report.
- Our valuation report unveils the possibility Persistent Systems' shares may be trading at a premium.
Where To Now?
- Click through to start exploring the rest of the 81 Fast Growing Indian Companies With High Insider Ownership now.
- Got skin in the game with these stocks? Elevate how you manage them by using Simply Wall St's portfolio, where intuitive tools await to help optimize your investment outcomes.
- Discover a world of investment opportunities with Simply Wall St's free app and access unparalleled stock analysis across all markets.
Looking For Alternative Opportunities?
- Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
- Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence.
- Find companies with promising cash flow potential yet trading below their fair value.
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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About NSEI:PERSISTENT
Persistent Systems
Provides software products, services, and technology solutions in India, North America, and internationally.
