3 Indian Growth Stocks With High Insider Ownership And Earnings Growth Up To 64%
Reviewed by Simply Wall St
The Indian market has experienced a 3.6% decline over the past week, yet it remains robust with a 40% increase over the last year and anticipated annual earnings growth of 17%. In this context, identifying growth companies with high insider ownership can be valuable as they often demonstrate strong alignment between management and shareholder interests, potentially capitalizing on favorable market conditions.
Top 10 Growth Companies With High Insider Ownership In India
Name | Insider Ownership | Earnings Growth |
Archean Chemical Industries (NSEI:ACI) | 22.9% | 34.2% |
Kirloskar Pneumatic (BSE:505283) | 30.3% | 30.1% |
Jupiter Wagons (NSEI:JWL) | 10.8% | 27.4% |
Dixon Technologies (India) (NSEI:DIXON) | 24.6% | 31.3% |
Paisalo Digital (BSE:532900) | 16.3% | 24.8% |
Apollo Hospitals Enterprise (NSEI:APOLLOHOSP) | 10.4% | 32.1% |
Rajratan Global Wire (BSE:517522) | 18.3% | 35.8% |
KEI Industries (BSE:517569) | 19.2% | 22.4% |
Pricol (NSEI:PRICOLLTD) | 25.5% | 24% |
Aether Industries (NSEI:AETHER) | 31.1% | 45.8% |
Underneath we present a selection of stocks filtered out by our screen.
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 services both in India and internationally, with a market cap of ₹1.06 trillion.
Operations: The company's revenue is primarily derived from recruitment solutions at ₹19.05 billion and real estate services through 99acres at ₹3.67 billion.
Insider Ownership: 37.7%
Earnings Growth Forecast: 23.6% p.a.
Info Edge (India) Limited shows potential as a growth company with high insider ownership, although recent months have seen significant insider selling. The company's earnings are forecast to grow at 23.6% annually, outpacing the Indian market's 17.2%. However, its revenue growth rate of 13% is slower than desired for high-growth companies. Recent strategic moves include investing INR 4.2 Crores in Nexstem India and appointing seasoned professionals to enhance public policy and revenue growth strategies.
- Navigate through the intricacies of Info Edge (India) with our comprehensive analyst estimates report here.
- The analysis detailed in our Info Edge (India) valuation report hints at an inflated share price compared to its estimated value.
One97 Communications (NSEI:PAYTM)
Simply Wall St Growth Rating: ★★★★☆☆
Overview: One97 Communications Limited operates in India, offering payment, commerce and cloud, and financial services to consumers and merchants, with a market cap of ₹442.56 billion.
Operations: The company generates revenue from its data processing segment, amounting to ₹91.38 billion.
Insider Ownership: 20.7%
Earnings Growth Forecast: 64.5% p.a.
One97 Communications, owner of Paytm, is poised for significant growth with forecasted revenue increases of 12.1% annually, surpassing the Indian market's average. Despite recent losses, it's expected to achieve profitability within three years. Recent strategic initiatives include selling its entertainment ticketing business for ₹20.48 billion and deploying 800 card machines in Madhya Pradesh's Krishi Mandis to enhance financial transactions. Leadership changes include appointing Deependra Singh Rathore as CTO - Payments, focusing on AI-driven payment solutions.
- Dive into the specifics of One97 Communications here with our thorough growth forecast report.
- Our valuation report here indicates One97 Communications may be overvalued.
Tega Industries (NSEI:TEGA)
Simply Wall St Growth Rating: ★★★★★☆
Overview: Tega Industries Limited designs, manufactures, and installs process equipment and accessories for the mineral processing, mining, and material handling industries with a market cap of ₹128.65 billion.
Operations: The company's revenue segments include Equipments generating ₹1.98 billion and Consumables contributing ₹13.71 billion.
Insider Ownership: 19%
Earnings Growth Forecast: 24.7% p.a.
Tega Industries, with substantial insider ownership, is set for robust earnings growth at 24.7% annually, outpacing the Indian market's average of 17.2%. Despite slower revenue growth at 17%, it remains above the market's 10.1% forecast. Recent developments include a positive Q1 financial performance with net income rising to ₹367.44 million and a dividend approval of ₹2 per share. Auditor changes were made following Price Waterhouse's resignation, appointing Walker Chandiok & Co LLP as new auditors.
- Take a closer look at Tega Industries' potential here in our earnings growth report.
- Insights from our recent valuation report point to the potential overvaluation of Tega Industries shares in the market.
Taking Advantage
- Unlock our comprehensive list of 91 Fast Growing Indian Companies With High Insider Ownership by clicking here.
- Hold shares in these firms? Setup your portfolio in Simply Wall St to seamlessly track your investments and receive personalized updates on your portfolio's performance.
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Contemplating Other Strategies?
- 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.
Valuation is complex, but we're here to simplify it.
Discover if Tega Industries might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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About NSEI:TEGA
Tega Industries
Designs, manufactures, and installs process equipment and accessories for the mineral processing, mining, and material handling industries.
Exceptional growth potential with flawless balance sheet.