Stock Analysis

Dixon Technologies India And Two More High Insider Ownership Growth Stocks On The Indian Exchange

NSEI:NAUKRI
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The Indian market has shown robust performance, rising 2.9% in the past week and achieving a remarkable 45% growth over the past year, with earnings expected to increase by 16% annually. In such a thriving environment, stocks like Dixon Technologies India that feature high insider ownership can be particularly compelling, as this often signals strong confidence from those who know the company best.

Top 10 Growth Companies With High Insider Ownership In India

NameInsider OwnershipEarnings Growth
Archean Chemical Industries (NSEI:ACI)22.9%28.1%
Pitti Engineering (BSE:513519)33.6%28.4%
Rajratan Global Wire (BSE:517522)19.8%33.5%
Dixon Technologies (India) (NSEI:DIXON)24.9%27.9%
Happiest Minds Technologies (NSEI:HAPPSTMNDS)38%22.9%
Jupiter Wagons (NSEI:JWL)11.1%27.2%
Paisalo Digital (BSE:532900)16.3%27.8%
MTAR Technologies (NSEI:MTARTECH)38.4%46.2%
Aether Industries (NSEI:AETHER)31.1%32%
Apollo Hospitals Enterprise (NSEI:APOLLOHOSP)10.4%35.5%

Click here to see the full list of 80 stocks from our Fast Growing Indian Companies With High Insider Ownership screener.

Below we spotlight a couple of our favorites from our exclusive 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 ₹55.21 billion.

Operations: The company's revenue is generated from several segments, including 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%

Dixon Technologies (India) Limited, a key player in the Indian electronics manufacturing sector, has shown robust growth with earnings increasing by 43.9% last year and projected to grow at 27.9% annually over the next three years. Despite no insider trading information over the past three months, Dixon's high-quality earnings and strong revenue forecasts—22.2% per year compared to the market average of 9.6%—demonstrate its potential in a competitive market. The recent MOU with Acerpure India for manufacturing consumer appliances further underscores its strategic expansion efforts, enhancing its growth trajectory amidst a dynamic industry landscape.

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

Info Edge (India) (NSEI:NAUKRI)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Info Edge (India) Limited, with a market cap of approximately ₹831.41 billion, operates as an online classifieds company in India and internationally, focusing on recruitment, matrimony, real estate, and education sectors.

Operations: The company generates revenue primarily from recruitment solutions (₹18.80 billion) and real estate classifieds under its 99acres brand (₹3.51 billion).

Insider Ownership: 37.9%

Info Edge (India) Limited, despite a turbulent dividend history and no significant insider purchases recently, is poised for notable growth. Earnings are expected to rise by 27.81% annually, outpacing the Indian market's 16.4%. Revenue growth forecasts at 12.9% annually also exceed the market average of 9.6%. However, concerns include substantial insider selling over the past quarter and a low forecasted return on equity of 6.8% in three years, which may raise caution among investors seeking robust equity returns.

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

Varun Beverages (NSEI:VBL)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Varun Beverages Limited, along with its subsidiaries, functions as a franchisee for PepsiCo's carbonated soft drinks and non-carbonated beverages, boasting a market capitalization of approximately ₹1.95 trillion.

Operations: The company generates revenue primarily through the manufacturing and sale of beverages, amounting to ₹164.67 billion.

Insider Ownership: 36.4%

Varun Beverages, with high insider ownership, demonstrates promising financial growth in India. Its earnings are expected to grow by 23% annually over the next three years, surpassing the Indian market forecast of 16.4%. Additionally, revenue is projected to increase by 16.3% annually, also outpacing the market's 9.6%. Recent strategic expansions include launching a subsidiary in Zimbabwe and starting production at a new facility in Uttar Pradesh, indicating proactive management and potential for further growth despite its substantial debt levels.

NSEI:VBL Earnings and Revenue Growth as at May 2024
NSEI:VBL Earnings and Revenue Growth as at May 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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