Stock Analysis

3 Indian Growth Stocks With High Insider Ownership Expecting 10% Revenue Growth

NSEI:DIXON
Source: Shutterstock

Over the last 7 days, the Indian market has risen 1.8%, and over the past 12 months, it is up an impressive 46%. In this thriving environment with earnings forecasted to grow by 17% annually, identifying growth companies with high insider ownership can be a strategic move for investors seeking robust revenue growth.

Top 10 Growth Companies With High Insider Ownership In India

NameInsider OwnershipEarnings Growth
Kirloskar Pneumatic (BSE:505283)30.4%30.1%
Archean Chemical Industries (NSEI:ACI)22.9%35%
Happiest Minds Technologies (NSEI:HAPPSTMNDS)32.5%21.8%
Dixon Technologies (India) (NSEI:DIXON)24.6%36.6%
Jupiter Wagons (NSEI:JWL)10.8%27.2%
Paisalo Digital (BSE:532900)16.3%24.8%
Apollo Hospitals Enterprise (NSEI:APOLLOHOSP)10.4%32.3%
KEI Industries (BSE:517569)19.1%20.4%
Pricol (NSEI:PRICOLLTD)25.5%24%
Aether Industries (NSEI:AETHER)31.1%45.9%

Click here to see the full list of 92 stocks from our Fast Growing Indian Companies With High Insider Ownership screener.

Let's uncover some gems from our specialized screener.

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 ₹794.06 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: 23.6% p.a.

Dixon Technologies (India) has shown robust growth, with earnings up 55.3% over the past year and forecasted to grow at 36.57% annually for the next three years, significantly outpacing the Indian market. Revenue is also expected to increase by 23.6% per year. Recently, Dixon appointed Mr. Sunil Ranjhan as Chief Human Resource Officer, enhancing its leadership team amidst strong financial performance in Q1 2024 with sales reaching ₹65.80 billion ($0.79 billion).

NSEI:DIXON Ownership Breakdown as at Aug 2024
NSEI:DIXON Ownership Breakdown as at Aug 2024

Godrej Consumer Products (NSEI:GODREJCP)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Godrej Consumer Products Limited is a fast-moving consumer goods company that manufactures and markets personal care and home care products across India, Africa, Indonesia, the Middle East, the United States of America, and internationally with a market cap of ₹1.46 trillion.

Operations: The company's revenue primarily comes from the manufacturing of personal, household, and hair care products, totaling ₹139.79 billion.

Insider Ownership: 13.8%

Revenue Growth Forecast: 10.1% p.a.

Godrej Consumer Products is a growth company with high insider ownership, recently expanding into the pet care market with an investment of ₹5 billion ($60.32 million) over five years. The company's earnings for Q1 2024 showed a net income increase to ₹4.51 billion ($54.38 million). Recent management changes include appointing Swati Bhattacharya as Global Head - Lightbox Creative Lab and other key personnel shifts aimed at strengthening its leadership team for sustained growth.

NSEI:GODREJCP Ownership Breakdown as at Aug 2024
NSEI:GODREJCP Ownership Breakdown as at Aug 2024

Varun Beverages (NSEI:VBL)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Varun Beverages Limited, with a market cap of ₹2.06 trillion, operates as the franchisee for PepsiCo's carbonated soft drinks and non-carbonated beverages.

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

Insider Ownership: 36.3%

Revenue Growth Forecast: 15.4% p.a.

Varun Beverages has demonstrated robust growth, with earnings increasing by 29% over the past year and revenue forecasted to grow at 15.4% annually, outpacing the Indian market's 10%. The company's Return on Equity is projected to be high at 30.6% in three years. Despite a significant level of debt, Varun Beverages' earnings are expected to grow significantly at 22.3% per year, surpassing the market average of 17%.

NSEI:VBL Earnings and Revenue Growth as at Aug 2024
NSEI:VBL Earnings and Revenue Growth as at Aug 2024

Seize The Opportunity

Ready For A Different Approach?

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.

New: Manage All Your Stock Portfolios in One Place

We've created the ultimate portfolio companion for stock investors, and it's free.

• Connect an unlimited number of Portfolios and see your total in one currency
• Be alerted to new Warning Signs or Risks via email or mobile
• Track the Fair Value of your stocks

Try a Demo Portfolio for Free

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com