Stock Analysis

Dixon Technologies (India) And 2 Other Growth Stocks Insiders Are Backing

NSEI:DIXON
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Over the last 7 days, the Indian market has dropped 1.1%. However, it has risen by 41% in the past year, with earnings forecasted to grow by 17% annually. In this context, growth companies with high insider ownership can be particularly attractive as they often signal confidence from those who know the business best.

Top 10 Growth Companies With High Insider Ownership In India

NameInsider OwnershipEarnings Growth
Archean Chemical Industries (NSEI:ACI)22.9%35%
Kirloskar Pneumatic (BSE:505283)30.6%30.1%
Happiest Minds Technologies (NSEI:HAPPSTMNDS)31.9%22%
Dixon Technologies (India) (NSEI:DIXON)24.6%35.7%
Jupiter Wagons (NSEI:JWL)10.8%27.2%
Paisalo Digital (BSE:532900)16.3%24.8%
Rajratan Global Wire (BSE:517522)19.8%35.8%
KEI Industries (BSE:517569)19.1%20.4%
Pricol (NSEI:PRICOLLTD)25.5%24%
Aether Industries (NSEI:AETHER)31.1%43.6%

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

Underneath we present a selection of stocks filtered out by our screen.

Dixon Technologies (India) (NSEI:DIXON)

Simply Wall St Growth Rating: ★★★★★★

Overview: Dixon Technologies (India) Limited offers electronic manufacturing services in India and has a market cap of ₹712.89 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%

Earnings Growth Forecast: 35.7% p.a.

Dixon Technologies (India) has demonstrated strong growth, with earnings increasing by 55.3% over the past year and revenue nearly doubling to INR 65.88 billion for Q1 FY2025. Insider ownership is significant, aligning management's interests with shareholders. The company's earnings are forecasted to grow at an impressive annual rate of 35.67%, significantly outpacing the broader Indian market's expected growth of 16.9%. Recent collaborations, such as the MOU with Acerpure India CE Private Limited, further bolster its growth prospects.

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

Info Edge (India) (NSEI:NAUKRI)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Info Edge (India) Limited is an online classifieds company operating in recruitment, matrimony, real estate, and education sectors both in India and internationally, with a market cap of approximately ₹934.46 billion.

Operations: The company's revenue segments include Recruitment Solutions generating ₹19.05 billion and 99acres for Real Estate contributing ₹3.67 billion.

Insider Ownership: 37.9%

Earnings Growth Forecast: 23.6% p.a.

Info Edge (India) Limited, known for its high insider ownership, has shown promising growth with earnings expected to rise 23.6% annually, outpacing the broader Indian market. Despite some insider selling recently, the company reported strong Q1 results with net income increasing to INR 2.33 billion from INR 1.59 billion a year ago. Recent executive changes and strategic appointments aim to drive further revenue growth and operational excellence in its Naukri segment.

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

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 ₹342.88 billion.

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

Insider Ownership: 20.7%

Earnings Growth Forecast: 65.5% p.a.

One97 Communications, despite recent regulatory penalties and increasing net losses (INR 8.39 billion in Q1 2024), is forecast to achieve profitability within three years, with revenue expected to grow at 11.4% annually. The strategic partnership with FlixBus aims to enhance its travel offerings, potentially driving growth. High insider ownership remains a key factor, though recent financial performance has been challenging with declining sales and increased losses compared to the previous year.

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

Summing It All Up

Interested In Other Possibilities?

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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