Stock Analysis
3 High Growth Indian Stocks With 36% Insider Ownership
Reviewed by Simply Wall St
The Indian market has climbed 3.2% over the last week and is up 45% over the past 12 months, with earnings forecasted to grow by 16% annually. In such a robust environment, stocks with high insider ownership can be particularly attractive as they often indicate strong confidence from those closest to the company's operations and growth potential.
Top 10 Growth Companies With High Insider Ownership In India
| Name | Insider Ownership | Earnings Growth |
| Kirloskar Pneumatic (BSE:505283) | 30.6% | 30.1% |
| Archean Chemical Industries (NSEI:ACI) | 22.9% | 28.9% |
| Jupiter Wagons (NSEI:JWL) | 10.8% | 27.2% |
| Shivalik Bimetal Controls (BSE:513097) | 19.5% | 28.7% |
| Rajratan Global Wire (BSE:517522) | 19.8% | 32.9% |
| Happiest Minds Technologies (NSEI:HAPPSTMNDS) | 31.9% | 20.7% |
| Dixon Technologies (India) (NSEI:DIXON) | 24.6% | 34.4% |
| Paisalo Digital (BSE:532900) | 16.3% | 23.8% |
| JNK India (NSEI:JNKINDIA) | 20.9% | 31.8% |
| Aether Industries (NSEI:AETHER) | 31.1% | 43.6% |
Below we spotlight a couple of our favorites from our exclusive screener.
Apollo Hospitals Enterprise (NSEI:APOLLOHOSP)
Simply Wall St Growth Rating: ★★★★★☆
Overview: Apollo Hospitals Enterprise Limited, with a market cap of ₹954.87 billion, operates healthcare services both in India and internationally through its subsidiaries.
Operations: Apollo Hospitals Enterprise Limited generates revenue primarily from Healthcare Services (₹99.39 billion), Digital Health & Pharmacy Distribution (₹78.27 billion), and Retail Health & Diagnostics (₹13.64 billion).
Insider Ownership: 10.4%
Apollo Hospitals Enterprise is experiencing robust growth, with revenue forecasted to increase by 15.8% annually, outpacing the Indian market's 9.7%. Earnings are expected to grow significantly at 33% per year over the next three years. Insider ownership remains strong, with no substantial insider selling reported recently. The company has shown interest in acquiring Jaypee Healthcare amid ongoing insolvency proceedings and continues to focus on expanding its Omni-Channel Pharmacy and Digital Health business.
- Unlock comprehensive insights into our analysis of Apollo Hospitals Enterprise stock in this growth report.
- The analysis detailed in our Apollo Hospitals Enterprise valuation report hints at an inflated share price compared to its estimated value.
Dixon Technologies (India) (NSEI:DIXON)
Simply Wall St Growth Rating: ★★★★★★
Overview: Dixon Technologies (India) Limited offers electronic manufacturing services in India and has a market cap of ₹716.67 billion.
Operations: Dixon Technologies (India) Limited generates revenue from various segments, including Home Appliances (₹12.05 billion), Security Systems (₹6.33 billion), Lighting Products (₹7.87 billion), Mobile & EMS Division (₹109.19 billion), and Consumer Electronics & Appliances (₹41.48 billion).
Insider Ownership: 24.6%
Dixon Technologies (India) is showing strong growth, with earnings increasing by 43.9% over the past year and revenue for Q1 2024 reaching ₹65.80 billion, nearly doubling from a year ago. Forecasts indicate continued high growth in both revenue (23.8% annually) and earnings (34.4% annually). Insider ownership remains significant without recent substantial insider selling or buying activity, supporting confidence in its future performance amidst strategic expansions like the MOU with Acerpure India CE Private Limited for manufacturing consumer appliances.
- Navigate through the intricacies of Dixon Technologies (India) with our comprehensive analyst estimates report here.
- The valuation report we've compiled suggests that Dixon Technologies (India)'s current price could be inflated.
Varun Beverages (NSEI:VBL)
Simply Wall St Growth Rating: ★★★★★☆
Overview: Varun Beverages Limited, with a market cap of ₹2.05 trillion, operates as the franchisee for PepsiCo's carbonated soft drinks and non-carbonated beverages.
Operations: The company's revenue from manufacturing and selling beverages is ₹164.67 billion.
Insider Ownership: 36.3%
Varun Beverages demonstrates strong growth potential, with earnings forecasted to grow at 24.72% annually, outpacing the Indian market's 16.2%. Recent Q2 2024 results show significant revenue and net income increases to ₹73.78 billion and ₹12.53 billion respectively, compared to last year. Despite high debt levels, insider ownership remains substantial without recent insider trading activity, indicating confidence in future performance amidst strategic initiatives like share capital restructuring and dividend affirmations.
- Delve into the full analysis future growth report here for a deeper understanding of Varun Beverages.
- Insights from our recent valuation report point to the potential overvaluation of Varun Beverages shares in the market.
Next Steps
- Reveal the 89 hidden gems among our Fast Growing Indian Companies With High Insider Ownership screener with a single click here.
- 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.
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Searching for a Fresh Perspective?
- 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:VBL
Varun Beverages
Operates as the franchisee of carbonated soft drinks (CSDs) and non-carbonated beverages (NCBs) sold under trademarks owned by PepsiCo.
