3 Growth Companies With High Insider Ownership On Indian Exchanges Expecting 23% Revenue Growth

The market has stayed flat over the past 7 days but is up 41% over the past year, with earnings expected to grow by 17% per annum. In this context, companies that combine robust growth prospects with high insider ownership can be particularly compelling for investors seeking strong alignment of interests and potential revenue expansion.

Top 10 Growth Companies With High Insider Ownership In India

Name	Insider Ownership	Earnings Growth
Archean Chemical Industries (NSEI:ACI)	22.9%	35%
Kirloskar Pneumatic (BSE:505283)	30.6%	30.1%
Dixon Technologies (India) (NSEI:DIXON)	24.6%	36%
Jupiter Wagons (NSEI:JWL)	10.8%	27.2%
Happiest Minds Technologies (NSEI:HAPPSTMNDS)	31.9%	21.8%
Paisalo Digital (BSE:532900)	16.3%	24.8%
Apollo Hospitals Enterprise (NSEI:APOLLOHOSP)	10.4%	32.2%
Rajratan Global Wire (BSE:517522)	19.8%	35.8%
KEI Industries (BSE:517569)	19.1%	20.4%
Pricol (NSEI:PRICOLLTD)	25.5%	24%

Click here to see the full list of 95 stocks from our Fast Growing Indian Companies With High Insider Ownership screener.

Let's take a closer look at a couple of our picks from the screened companies.

Dixon Technologies (India) (NSEI:DIXON)

Simply Wall St Growth Rating: ★★★★★★

Overview: Dixon Technologies (India) Limited provides electronic manufacturing services in India and has a market cap of ₹712.89 billion.

Operations: The company's revenue segments include Home Appliances (₹12.51 billion), Lighting Products (₹7.92 billion), Mobile & EMS Division (₹143.16 billion), and Consumer Electronics & Appliances (₹41.21 billion).

Insider Ownership: 24.6%

Revenue Growth Forecast: 23.4% p.a.

Dixon Technologies (India) has shown impressive growth, with earnings increasing by 55.3% over the past year and revenue for Q1 2024 reaching ₹65.88 billion, nearly doubling from a year ago. The company's earnings are forecast to grow at 36% annually, significantly outpacing the Indian market's expected growth of 16.9%. Additionally, Dixon's revenue is projected to grow by 23.4% per year, surpassing the broader market's growth rate of 10%.

• Delve into the full analysis future growth report here for a deeper understanding of Dixon Technologies (India).
• According our valuation report, there's an indication that Dixon Technologies (India)'s share price might be on the expensive side.

Info Edge (India) (NSEI:NAUKRI)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Info Edge (India) Limited operates as an online classifieds company in recruitment, matrimony, real estate, and education services both in India and internationally, with a market cap of ₹934.46 billion.

Operations: Revenue segments include ₹19.05 billion from Recruitment Solutions and ₹3.67 billion from 99acres for Real Estate.

Insider Ownership: 37.9%

Revenue Growth Forecast: 13% p.a.

Info Edge (India) has demonstrated strong growth, with Q1 2024 revenue at ₹8.28 billion, up from ₹6.90 billion a year ago, and net income rising to ₹2.33 billion from ₹1.59 billion. The company has seen substantial insider buying recently and appointed Aayush Rathi as SVP for Revenue Growth Strategy, indicating a focus on sustainable expansion. Earnings are forecasted to grow significantly at 23.62% annually, outpacing the Indian market's expected growth rate of 16.9%.

• Dive into the specifics of Info Edge (India) here with our thorough growth forecast report.
• In light of our recent valuation report, it seems possible that Info Edge (India) is trading beyond its estimated value.

Persistent Systems (NSEI:PERSISTENT)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Persistent Systems Limited offers software products, services, and technology solutions across India, North America, and internationally with a market cap of ₹699.85 billion.

Operations: The company's revenue segments include Healthcare & Life Sciences (₹23.88 billion), Software, Hi-Tech and Emerging Industries (₹46.41 billion), and Banking, Financial Services and Insurance (BFSI) (₹32.08 billion).

Insider Ownership: 34.3%

Revenue Growth Forecast: 13.5% p.a.

Persistent Systems has shown robust growth, with Q1 2024 revenue at ₹27.68 billion, up from ₹23.43 billion a year ago, and net income rising to ₹3.06 billion from ₹2.29 billion. The company recently announced a partnership with Mage Data™ to enhance its data security services portfolio and launched GenAI Hub for enterprise AI solutions. Persistent's earnings are forecasted to grow at 19.21% annually, outpacing the Indian market's expected growth of 16.9%.

• Get an in-depth perspective on Persistent Systems' performance by reading our analyst estimates report here.
• Our expertly prepared valuation report Persistent Systems implies its share price may be too high.

Next Steps

• Navigate through the entire inventory of 95 Fast Growing Indian Companies With High Insider Ownership here.
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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.

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