3 Indian Growth Stocks With Up To 37% Insider Ownership

Over the last 7 days, the Indian market has remained flat, but it is up 44% over the past year with earnings expected to grow by 17% per annum over the next few years. In this promising environment, stocks with high insider ownership often signal confidence from those who know the company best and can be a strong indicator of potential growth.

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%	35%
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%	32.7%
KEI Industries (BSE:517569)	19.1%	20.4%
Aether Industries (NSEI:AETHER)	31.1%	43.6%
Pricol (NSEI:PRICOLLTD)	25.5%	24%

Click here to see the full list of 94 stocks from our Fast Growing Indian Companies With High Insider Ownership screener.

We're going to check out a few of the best picks from our screener tool.

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 ₹740.47 billion.

Operations: Dixon Technologies (India) Limited generates revenue from various segments including 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%

Dixon Technologies (India) demonstrates strong growth potential with high insider ownership. The company's earnings are forecast to grow significantly at 36% annually, outpacing the Indian market's 16.9%. Recent earnings results for Q1 2024 show revenue doubling to ₹65.88 billion and net income rising to ₹1.34 billion from a year ago, reflecting robust operational performance. With projected annual revenue growth of 23.4%, Dixon is positioned well for continued expansion in the Indian market.

• Click to explore a detailed breakdown of our findings in Dixon Technologies (India)'s earnings growth report.
• Our valuation report here indicates Dixon Technologies (India) may be overvalued.

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 ₹957.84 billion.

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

Insider Ownership: 37.9%

Info Edge (India) shows promising growth with substantial insider ownership. Recent Q1 2024 results highlight a revenue increase to ₹8.28 billion and net income rising to ₹2.33 billion, indicating strong financial health. The company expects earnings to grow at 23.62% annually, outpacing the Indian market's average growth rate of 16.9%. Despite significant insider selling in the past three months, strategic leadership changes aim to drive sustainable revenue growth and operational excellence.

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

One97 Communications (NSEI:PAYTM)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: One97 Communications Limited, with a market cap of ₹359.08 billion, offers payment, commerce and cloud, and financial services to consumers and merchants in India.

Operations: One97 Communications Limited generates revenue primarily from data processing services, amounting to ₹91.38 billion.

Insider Ownership: 20.7%

One97 Communications, with significant insider ownership, is positioned for growth despite recent challenges. The company reported a net loss of ₹8.39 billion in Q1 2024, with revenues declining to ₹16.39 billion from ₹24.64 billion year-over-year. A strategic partnership with FlixBus aims to enhance its travel offerings and drive growth. Regulatory penalties totaling ₹4.71 million were imposed for past stamp duty non-payments, but operational impacts are minimal as the company improves compliance measures moving forward.

• Delve into the full analysis future growth report here for a deeper understanding of One97 Communications.
• Our comprehensive valuation report raises the possibility that One97 Communications is priced higher than what may be justified by its financials.

Next Steps

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Looking For Alternative Opportunities?

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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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