3 Indian Growth Stocks With High Insider Ownership Expecting Up To 23% Revenue Growth

The market has climbed by 2.5% over the past week, with every sector up. As for the past 12 months, the market is up 46%, and earnings are forecast to grow by 17% annually. In this robust environment, growth companies with high insider ownership can be particularly appealing due to their potential for strong revenue growth and aligned interests between management and shareholders.

Top 10 Growth Companies With High Insider Ownership In India

Name	Insider Ownership	Earnings Growth
Archean Chemical Industries (NSEI:ACI)	22.9%	33.7%
Kirloskar Pneumatic (BSE:505283)	30.3%	30.1%
Dixon Technologies (India) (NSEI:DIXON)	24.6%	31.2%
Jupiter Wagons (NSEI:JWL)	10.8%	27.4%
Happiest Minds Technologies (NSEI:HAPPSTMNDS)	32.5%	22.2%
Paisalo Digital (BSE:532900)	16.3%	24.8%
Apollo Hospitals Enterprise (NSEI:APOLLOHOSP)	10.4%	32.3%
Rajratan Global Wire (BSE:517522)	19.8%	35.8%
KEI Industries (BSE:517569)	18.7%	22.4%
Aether Industries (NSEI:AETHER)	31.1%	45.9%

Click here to see the full list of 93 stocks from our Fast Growing Indian Companies With High Insider Ownership screener.

Let's uncover some gems from our specialized screener.

Astral (NSEI:ASTRAL)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Astral Limited, with a market cap of ₹539.55 billion, manufactures and markets pipes, water tanks, adhesives, and sealants in India and internationally through its subsidiaries.

Operations: The company's revenue segments include ₹42.17 billion from plumbing and ₹15.25 billion from paints and adhesives.

Insider Ownership: 39.4%

Revenue Growth Forecast: 17.3% p.a.

Astral Limited, a growth company with substantial insider ownership, has recently expanded its operations by commissioning a new plant in Hyderabad and reorganizing its adhesive manufacturing facilities. The company's earnings for Q1 2025 showed modest growth with revenue at ₹13.96 billion and net income of ₹1.20 billion. Astral's earnings are forecast to grow significantly at 23.5% per year, outpacing the Indian market's average growth rate of 17.3%.

• Unlock comprehensive insights into our analysis of Astral stock in this growth report.
• Our valuation report here indicates Astral may be overvalued.

Dixon Technologies (India) (NSEI:DIXON)

Simply Wall St Growth Rating: ★★★★★★

Overview: Dixon Technologies (India) Limited provides electronic manufacturing services both in India and internationally, with a market cap of ₹843.70 billion.

Operations: The company's revenue segments are 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: 24% p.a.

Dixon Technologies (India) has shown robust growth, reporting a revenue of ₹65.88 billion and net income of ₹1.34 billion for Q1 2025, both nearly doubling year-over-year. The company forecasts strong future performance with expected annual earnings growth of 31.2%, significantly above the Indian market average. Recent events include multiple shareholder calls and the appointment of a new Chief Human Resource Officer, indicating active management engagement and strategic leadership changes.

• Take a closer look at Dixon Technologies (India)'s potential here in our earnings growth report.
• Our expertly prepared valuation report Dixon Technologies (India) implies its share price may be too high.

One97 Communications (NSEI:PAYTM)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: One97 Communications Limited offers payment, commerce and cloud, and financial services to consumers and merchants in India with a market cap of ₹448.93 billion.

Operations: The company's revenue segments include Data Processing, which generated ₹91.38 billion.

Insider Ownership: 20.7%

Revenue Growth Forecast: 12.1% p.a.

One97 Communications, the parent company of Paytm, has recently sold its entertainment ticketing business to Zomato for ₹20.48 billion, aligning with its focus on core payments and financial services. Despite a net loss of ₹8.39 billion in Q1 2024, revenue is forecast to grow at 12.1% annually, outpacing the Indian market average. The strategic partnership with FlixBus aims to enhance its travel offerings while recent regulatory penalties have minimal operational impact.

• Click here to discover the nuances of One97 Communications with our detailed analytical future growth report.
• The analysis detailed in our One97 Communications valuation report hints at an inflated share price compared to its estimated value.

Next Steps

• Navigate through the entire inventory of 93 Fast Growing Indian Companies With High Insider Ownership here.
• Have you diversified into these companies? Leverage the power of Simply Wall St's portfolio to keep a close eye on market movements affecting your investments.
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Curious About Other Options?

• 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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