3 Indian Growth Stocks With High Insider Ownership And Up To 30% Earnings Growth

The Indian market has shown robust performance, climbing 1.0% over the last week and an impressive 39% over the past year, with earnings projected to grow by 17% annually in the coming years. In this thriving environment, companies that combine high insider ownership with strong earnings growth potential can offer compelling opportunities for investors seeking to align their interests with those of company insiders.

Top 10 Growth Companies With High Insider Ownership In India

Name	Insider Ownership	Earnings Growth
Archean Chemical Industries (NSEI:ACI)	22.9%	34%
Kirloskar Pneumatic (BSE:505283)	30.3%	30.1%
Jupiter Wagons (NSEI:JWL)	10.8%	27.4%
Dixon Technologies (India) (NSEI:DIXON)	24.6%	30.8%
Paisalo Digital (BSE:532900)	16.3%	24.8%
Apollo Hospitals Enterprise (NSEI:APOLLOHOSP)	10.4%	32.3%
Rajratan Global Wire (BSE:517522)	18.3%	35.8%
Pricol (NSEI:PRICOLLTD)	25.5%	24%
KEI Industries (BSE:517569)	19.2%	22.9%
Aether Industries (NSEI:AETHER)	31.1%	45.8%

Click here to see the full list of 87 stocks from our Fast Growing Indian Companies With High Insider Ownership screener.

Let's review some notable picks from our screened stocks.

Dixon Technologies (India) (NSEI:DIXON)

Simply Wall St Growth Rating: ★★★★★★

Overview: Dixon Technologies (India) Limited provides electronic manufacturing services both domestically and internationally, with a market cap of ₹921.75 billion.

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

Insider Ownership: 24.6%

Earnings Growth Forecast: 30.8% p.a.

Dixon Technologies (India) demonstrates strong growth potential, with earnings expected to grow significantly at 30.8% annually, outpacing the Indian market. Revenue is also forecast to rise rapidly at 23.7% per year. The company's recent financial performance reflects this trajectory, with net income nearly doubling from the previous year in Q1 2024. Despite no substantial insider trading activity recently, high insider ownership aligns management interests with shareholders', supporting long-term growth prospects.

• Click to explore a detailed breakdown of our findings in Dixon Technologies (India)'s earnings growth report.
• Our comprehensive valuation report raises the possibility that Dixon Technologies (India) is priced higher than what may be justified by its financials.

Five-Star Business Finance (NSEI:FIVESTAR)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Five-Star Business Finance Limited is a non-banking financial company in India with a market cap of ₹263.35 billion.

Operations: The company generates revenue from MSME Loans, Housing Loans, and Property Loans amounting to ₹17.79 billion.

Insider Ownership: 18.7%

Earnings Growth Forecast: 20.5% p.a.

Five-Star Business Finance shows robust growth prospects, with earnings expected to grow significantly at 20.5% annually, surpassing the Indian market. Revenue is forecasted to increase by 21.9% per year, outpacing market averages. Recent financial results indicate strong performance with substantial revenue and net income growth in Q1 2024. High insider ownership aligns management interests with shareholders'. The company recently approved INR 25 billion in non-convertible debentures issuance for further expansion initiatives.

• Click here to discover the nuances of Five-Star Business Finance with our detailed analytical future growth report.
• Insights from our recent valuation report point to the potential overvaluation of Five-Star Business Finance shares in the market.

Varun Beverages (NSEI:VBL)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Varun Beverages Limited, along with its subsidiaries, operates as a franchisee for carbonated soft drinks and non-carbonated beverages under PepsiCo trademarks, with a market cap of ₹1.98 trillion.

Operations: The company's revenue primarily stems from the manufacturing and sale of beverages, amounting to ₹180.52 billion.

Insider Ownership: 36.2%

Earnings Growth Forecast: 22.4% p.a.

Varun Beverages demonstrates strong growth potential, with earnings forecasted to grow 22.4% annually, outpacing the Indian market. Revenue is expected to increase by 15.4% per year. Recent initiatives include plans to raise ₹75 billion through Qualified Institutional Placement for expansion and debt repayment, alongside a $50 million investment in a new Pepsi facility in the DRC's Special Economic Zone. High insider ownership aligns management interests with shareholders', supporting strategic growth objectives.

• Navigate through the intricacies of Varun Beverages with our comprehensive analyst estimates report here.
• According our valuation report, there's an indication that Varun Beverages' share price might be on the expensive side.

Make It Happen

• Gain an insight into the universe of 87 Fast Growing Indian Companies With High Insider Ownership by clicking here.
• Are these companies part of your investment strategy? Use Simply Wall St to consolidate your holdings into a portfolio and gain insights with our comprehensive analysis tools.
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Ready To Venture Into Other Investment Styles?

• 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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