3 Indian Growth Stocks With Up To 37% Insider Ownership

The Sensex and the Nifty 50, key indices of the Indian stock market, hit fresh record highs in intraday trade on Friday, August 30. Amidst this bullish sentiment driven by expectations of a rate cut and solid economic growth prospects, identifying growth companies with high insider ownership can be particularly rewarding for investors.

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)	30.4%	30.1%
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%
Rajratan Global Wire (BSE:517522)	19.8%	35.8%
KEI Industries (BSE:517569)	19.1%	22.4%
Pricol (NSEI:PRICOLLTD)	25.5%	24%

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

Let's explore several standout options from the results in the 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 ₹789.96 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%

Dixon Technologies (India) is poised for robust growth, with revenue expected to grow at 23.6% annually and earnings at 36.6%, both outpacing the Indian market averages. The company reported strong Q1 results with net income of ₹1.34 billion and sales nearly doubling from the previous year to ₹65.80 billion. Recent management changes include appointing Mr. Sunil Ranjhan as Chief Human Resource Officer, bringing over 37 years of HR experience across major industries in APAC regions.

• Navigate through the intricacies of Dixon Technologies (India) with our comprehensive analyst estimates report here.
• Insights from our recent valuation report point to the potential overvaluation of Dixon Technologies (India) shares in the market.

Godrej Consumer Products (NSEI:GODREJCP)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Godrej Consumer Products Limited, with a market cap of ₹1.51 trillion, manufactures and markets personal care and home care products across India, Africa, Indonesia, the Middle East, the United States of America, and internationally.

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

Insider Ownership: 13.8%

Godrej Consumer Products is expected to see annual revenue growth of 10.1% and earnings growth of 58.76%, becoming profitable within three years. Recent management changes include appointing Swati Bhattacharya as Global Head - Lightbox Creative Lab and Ashwin Moorthy as Global Head of Category Direction and Innovation. The company has also announced a new venture into the Pet Care business, investing ₹5 billion over five years, diversifying its revenue streams.

• Click here to discover the nuances of Godrej Consumer Products with our detailed analytical future growth report.
• Our comprehensive valuation report raises the possibility that Godrej Consumer Products is priced higher than what may be justified by its financials.

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 ₹992.07 billion.

Operations: The company's revenue segments include ₹19.05 billion from recruitment solutions and ₹3.67 billion from 99acres for real estate.

Insider Ownership: 37.8%

Info Edge (India) is experiencing robust growth, with Q1 2024 revenue at ₹8.28 billion and net income of ₹2.33 billion, marking significant year-on-year increases. Insider ownership remains high, evidenced by more shares being bought than sold recently. The company has appointed Aayush Rathi as Senior Vice President for Revenue Growth Strategy and reconstituted its Audit Committee to enhance governance. Despite an unstable dividend track record, earnings are forecasted to grow significantly above the market average at 23.62% annually.

• Dive into the specifics of Info Edge (India) here with our thorough growth forecast report.
• The analysis detailed in our Info Edge (India) valuation report hints at an inflated share price compared to its estimated value.

Summing It All Up

• Get an in-depth perspective on all 93 Fast Growing Indian Companies With High Insider Ownership by using our screener here.
• Already own these companies? Bring clarity to your investment decisions by linking up your portfolio with Simply Wall St, where you can monitor all the vital signs of your stocks effortlessly.
• Simply Wall St is a revolutionary app designed for long-term stock investors, it's free and covers every market in the world.

Contemplating Other Strategies?

• 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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