Top Growth Companies With High Insider Ownership On The Indian Exchange In August 2024
Reviewed by Simply Wall St
Over the last 7 days, the Indian market has remained flat, but it has risen 44% in the past 12 months. In this context of strong long-term growth and expected annual earnings increases of 17%, identifying growth companies with high insider ownership can be particularly advantageous for investors seeking stability and confidence in their investments.
Top 10 Growth Companies With High Insider Ownership In India
| Name | Insider Ownership | Earnings Growth |
| Kirloskar Pneumatic (BSE:505283) | 30.6% | 30.1% |
| Archean Chemical Industries (NSEI:ACI) | 22.9% | 35% |
| Jupiter Wagons (NSEI:JWL) | 10.8% | 27.2% |
| Dixon Technologies (India) (NSEI:DIXON) | 24.6% | 36.1% |
| Happiest Minds Technologies (NSEI:HAPPSTMNDS) | 32.5% | 21.8% |
| Paisalo Digital (BSE:532900) | 16.3% | 24.8% |
| Apollo Hospitals Enterprise (NSEI:APOLLOHOSP) | 10.4% | 32.7% |
| Rajratan Global Wire (BSE:517522) | 19.8% | 35.8% |
| KEI Industries (BSE:517569) | 19.1% | 20.4% |
| Pricol (NSEI:PRICOLLTD) | 25.5% | 24% |
Let's uncover some gems from our specialized 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 ₹764.71 billion.
Operations: Dixon Technologies (India) Limited generates revenue through various segments including 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%
Revenue Growth Forecast: 23.4% p.a.
Dixon Technologies (India) is experiencing robust growth, with revenue forecasted to increase by 23.4% annually, outpacing the Indian market's 10%. Earnings are expected to grow significantly at 36.1% per year over the next three years. Recent Q1 results showed a substantial rise in sales to ₹65.80 billion from ₹32.72 billion a year ago, and net income doubled to ₹1.34 billion, reflecting strong operational performance and high insider ownership driving strategic alignment and confidence in future prospects.
- Get an in-depth perspective on Dixon Technologies (India)'s performance by reading our analyst estimates report here.
- Our comprehensive valuation report raises the possibility that Dixon Technologies (India) is priced higher than what may be justified by its financials.
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 ₹364.52 billion.
Operations: The company's revenue segments include Data Processing, generating ₹91.38 billion.
Insider Ownership: 20.7%
Revenue Growth Forecast: 11.3% p.a.
One97 Communications, despite facing regulatory penalties and a significant net loss of INR 8.39 billion in Q1 2024, shows promise with forecasted revenue growth outpacing the Indian market at 11.3% annually and expected profitability within three years. The strategic partnership with FlixBus aims to enhance its travel offerings, potentially driving substantial growth. High insider ownership aligns interests with shareholders, although recent earnings indicate operational challenges needing resolution for sustained growth.
- Click to explore a detailed breakdown of our findings in One97 Communications' earnings growth report.
- According our valuation report, there's an indication that One97 Communications' share price might be on the expensive side.
Varun Beverages (NSEI:VBL)
Simply Wall St Growth Rating: ★★★★★☆
Overview: Varun Beverages Limited, with a market cap of ₹1.96 trillion, operates as the franchisee for PepsiCo's carbonated soft drinks and non-carbonated beverages.
Operations: The company generates revenue primarily through the manufacturing and sale of beverages, amounting to ₹180.52 billion.
Insider Ownership: 36.3%
Revenue Growth Forecast: 15.4% p.a.
Varun Beverages has demonstrated strong growth with earnings increasing by 29% over the past year and revenue for Q2 2024 rising to ₹73.78 billion from ₹57.41 billion a year ago. Insider ownership is high, aligning management's interests with shareholders. The company recently amended its Memorandum of Association to split equity shares, potentially enhancing liquidity. Despite a high debt level, forecasted annual profit growth at 22.3% and revenue growth at 15.4% exceed market expectations, indicating robust future performance.
- Click here and access our complete growth analysis report to understand the dynamics of Varun Beverages.
- Our valuation report unveils the possibility Varun Beverages' shares may be trading at a premium.
Key Takeaways
- Gain an insight into the universe of 94 Fast Growing Indian Companies With High Insider Ownership by clicking 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.
- Discover a world of investment opportunities with Simply Wall St's free app and access unparalleled stock analysis across all markets.
Curious About Other Options?
- 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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About NSEI:VBL
Varun Beverages
Operates as the franchisee of carbonated soft drinks (CSDs) and non-carbonated beverages (NCBs) sold under trademarks owned by PepsiCo.
High growth potential with proven track record.
