Stock Analysis

Dixon Technologies India And Two More Growth Leaders With High Insider Ownership On Indian Exchange

NSEI:DIXON
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The Indian market has shown robust performance, rising 2.0% over the past week and an impressive 44% over the last year, with earnings expected to grow by 16% annually. In this thriving environment, stocks like Dixon Technologies India that combine growth potential with high insider ownership are particularly compelling, as they often signal strong confidence from those closest to the company.

Top 10 Growth Companies With High Insider Ownership In India

NameInsider OwnershipEarnings Growth
Archean Chemical Industries (NSEI:ACI)22.9%28.9%
Kirloskar Pneumatic (BSE:505283)30.6%29.4%
Pitti Engineering (BSE:513519)33.6%28.0%
Shivalik Bimetal Controls (BSE:513097)19.5%28.7%
Jupiter Wagons (NSEI:JWL)11.1%27.2%
Rajratan Global Wire (BSE:517522)19.8%33.5%
Dixon Technologies (India) (NSEI:DIXON)24.9%33.7%
Paisalo Digital (BSE:532900)16.3%23.8%
JNK India (NSEI:JNKINDIA)23.8%31.8%
Aether Industries (NSEI:AETHER)31.1%39.8%

Click here to see the full list of 81 stocks from our Fast Growing Indian Companies With High Insider Ownership screener.

Let's dive into some prime choices out of from the screener.

Dixon Technologies (India) (NSEI:DIXON)

Simply Wall St Growth Rating: ★★★★★★

Overview: Dixon Technologies (India) Limited specializes in providing electronic manufacturing services across India, with a market capitalization of approximately ₹75.74 billion.

Operations: The company's revenue is segmented into Home Appliances (₹12.05 billion), Security Systems (₹6.33 billion), Lighting Products (₹7.87 billion), Mobile & EMS Division (₹109.19 billion), and Consumer Electronics & Appliances (₹41.48 billion).

Insider Ownership: 24.9%

Earnings Growth Forecast: 33.7% p.a.

Dixon Technologies, a growth-oriented company with significant insider ownership in India, is experiencing robust financial performance. Its revenue and earnings are forecasted to grow at 23.5% and 33.72% per year respectively, outpacing the Indian market averages significantly. The company's Return on Equity is also expected to be high at 30.2% in three years' time, reflecting efficient management and strong profit generation capabilities. Recent strategic moves include a memorandum of understanding with Acerpure India for manufacturing consumer appliances, enhancing its product portfolio and potential market share.

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

Jupiter Wagons (NSEI:JWL)

Simply Wall St Growth Rating: ★★★★★★

Overview: Jupiter Wagons Limited is a company based in India that manufactures and sells mobility solutions both domestically and internationally, with a market cap of approximately ₹297.35 billion.

Operations: The company generates revenue primarily from the auto manufacturers segment, totaling approximately ₹36.44 billion.

Insider Ownership: 11.1%

Earnings Growth Forecast: 27.2% p.a.

Jupiter Wagons Limited, a growth company with high insider ownership in India, is poised for significant expansion. The company's revenue and earnings are expected to grow at 21.6% and 27.2% per year respectively, outperforming the Indian market projections of 9.7% and 15.8%. Recent strategic initiatives include private placements and preferential issues aimed at funding growth, demonstrating proactive management engagement in scaling operations. However, the share price has been highly volatile over the past three months, introducing an element of risk for potential investors.

NSEI:JWL Ownership Breakdown as at Jul 2024
NSEI:JWL Ownership Breakdown as at Jul 2024

Persistent Systems (NSEI:PERSISTENT)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Persistent Systems Limited operates in the provision of software products, services, and technology solutions across India, North America, and other international markets, with a market capitalization of approximately ₹69.79 billion.

Operations: The company's revenue is primarily derived from three segments: Healthcare & Life Sciences (₹20.88 billion), Software, Hi-Tech and Emerging Industries (₹45.95 billion), and Banking, Financial Services and Insurance (BFSI) at ₹31.39 billion.

Insider Ownership: 34.3%

Earnings Growth Forecast: 17.9% p.a.

Persistent Systems, a growth company with substantial insider ownership in India, is navigating moderate growth forecasts. Its revenue and earnings are expected to grow at 13.4% and 17.9% per year respectively, slightly outpacing the Indian market averages of 9.7% and 15.8%. Recent developments include the launch of GenAI Hub to boost enterprise AI applications and executive changes that might impact operations. Despite these positives, its dividend yield remains modest at 0.55%, reflecting a cautious return for income-focused investors.

NSEI:PERSISTENT Earnings and Revenue Growth as at Jul 2024
NSEI:PERSISTENT Earnings and Revenue Growth as at Jul 2024

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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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