Stock Analysis

3 Indian Growth Stocks With Up To 37% Insider Ownership

NSEI:SONATSOFTW
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In the last week, the Indian market is up 1.7%, and over the past 12 months, it has risen by an impressive 41%. With earnings expected to grow by 17% per annum in the coming years, identifying growth companies with significant insider ownership can be a strategic move for investors looking to capitalize on this upward trend.

Top 10 Growth Companies With High Insider Ownership In India

NameInsider OwnershipEarnings Growth
Archean Chemical Industries (NSEI:ACI)22.9%33.7%
Kirloskar Pneumatic (BSE:505283)30.4%30.1%
Dixon Technologies (India) (NSEI:DIXON)24.6%31.2%
Happiest Minds Technologies (NSEI:HAPPSTMNDS)32.5%22.2%
Jupiter Wagons (NSEI:JWL)10.8%27.4%
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 92 stocks from our Fast Growing Indian Companies With High Insider Ownership screener.

We'll examine a selection from our screener results.

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 ₹833.22 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) demonstrates strong growth potential with earnings forecasted to grow 31.23% annually, outpacing the Indian market's 17.1%. Recent quarterly results showed impressive revenue of ₹65.88 billion, nearly doubling from last year, and net income of ₹1.34 billion. The company has high insider ownership and no substantial insider selling in recent months, indicating confidence in its future prospects despite recent management changes and consistent shareholder engagement activities.

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

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 ₹1.02 trillion.

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

Insider Ownership: 37.7%

Info Edge (India) showcases significant growth potential with earnings expected to grow 23.61% annually, surpassing the Indian market's 17.1%. Recent quarterly results reported revenue of ₹8.28 billion and net income of ₹2.33 billion, reflecting robust performance. The company benefits from high insider ownership and has seen more substantial insider buying than selling in recent months, indicating strong internal confidence despite regulatory challenges and recent executive changes aimed at bolstering strategic growth initiatives.

NSEI:NAUKRI Ownership Breakdown as at Sep 2024
NSEI:NAUKRI Ownership Breakdown as at Sep 2024

Sonata Software (NSEI:SONATSOFTW)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Sonata Software Limited, with a market cap of ₹188.74 billion, offers information technology services and solutions across various regions including the United States, Europe, the Middle East, Asia, India, and Australia.

Operations: Sonata Software Limited's revenue segments include information technology services and solutions provided across the United States, Europe, the Middle East, Asia, India, and Australia.

Insider Ownership: 37.7%

Sonata Software's earnings are forecast to grow 29.8% annually, outpacing the Indian market's 17.1%. Despite a recent dip in profit margins from 6% to 3.2%, the company secured a strategic IT outsourcing partnership with a major US healthcare firm, highlighting its growth potential. High insider ownership and recent substantial insider buying indicate strong internal confidence, though significant insider selling over the past quarter warrants caution.

NSEI:SONATSOFTW Earnings and Revenue Growth as at Sep 2024
NSEI:SONATSOFTW Earnings and Revenue Growth as at Sep 2024

Key Takeaways

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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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