Top Indian Growth Companies With High Insider Ownership August 2024

The Indian market has gained 2.6% and is up 48% over the past 12 months, with earnings forecasted to grow by 17% annually. In this favorable environment, growth companies with high insider ownership can offer unique opportunities for investors seeking strong alignment between management and shareholder interests.

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%	29.0%
Happiest Minds Technologies (NSEI:HAPPSTMNDS)	31.9%	20.7%
Dixon Technologies (India) (NSEI:DIXON)	24.6%	35.9%
Jupiter Wagons (NSEI:JWL)	10.8%	27.2%
Shivalik Bimetal Controls (BSE:513097)	19.5%	28.7%
Paisalo Digital (BSE:532900)	16.3%	23.8%
JNK India (NSEI:JNKINDIA)	20.9%	31.8%
Rajratan Global Wire (BSE:517522)	19.8%	36%
Apollo Hospitals Enterprise (NSEI:APOLLOHOSP)	10.4%	33%

Click here to see the full list of 89 stocks from our Fast Growing Indian Companies With High Insider Ownership screener.

Let's take a closer look at a couple of our picks from the screened companies.

Apollo Hospitals Enterprise (NSEI:APOLLOHOSP)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Apollo Hospitals Enterprise Limited, with a market cap of ₹951.18 billion, provides healthcare services both in India and internationally through its subsidiaries.

Operations: Apollo Hospitals Enterprise Limited generates revenue from three main segments: Healthcare Services (₹99.39 billion), Retail Health & Diagnostics (₹13.64 billion), and Digital Health & Pharmacy Distribution (₹78.27 billion).

Insider Ownership: 10.4%

Earnings Growth Forecast: 33% p.a.

Apollo Hospitals Enterprise has shown robust earnings growth, with net income rising to INR 8.99 billion for FY2024 from INR 8.19 billion the previous year. The company is expected to maintain strong profit growth at 33% annually, outpacing the Indian market's average of 16.4%. Recent board changes and interest in acquiring Jaypee Healthcare highlight its strategic expansion efforts. Despite a slower revenue growth forecast of 15.8% per year, it remains above the market average of 9.7%.

• Click to explore a detailed breakdown of our findings in Apollo Hospitals Enterprise's earnings growth report.
• Our comprehensive valuation report raises the possibility that Apollo Hospitals Enterprise is priced higher than what may be justified by its financials.

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 ₹724.39 billion.

Operations: The company's revenue segments (in millions of ₹) are: Consumer Electronics ₹60,000, Home Appliances ₹15,000, Lighting Products ₹12,000, Mobile Phones & EMS ₹25,000 and Security Systems ₹5,000.

Insider Ownership: 24.6%

Earnings Growth Forecast: 35.9% p.a.

Dixon Technologies (India) has demonstrated significant growth, with Q1 2024 earnings doubling year-over-year to INR 1.34 billion. The company's revenue and earnings are forecast to grow faster than the Indian market, at 23.3% and 35.9% annually, respectively. High insider ownership aligns management's interests with shareholders, supporting robust future performance expectations. Recent agreements like the MOU with Acerpure India for manufacturing consumer appliances further bolster Dixon's growth trajectory in the electronics sector.

• Delve into the full analysis future growth report here for a deeper understanding of Dixon Technologies (India).
• Upon reviewing our latest valuation report, Dixon Technologies (India)'s share price might be too optimistic.

One97 Communications (NSEI:PAYTM)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: One97 Communications Limited, with a market cap of ₹316.13 billion, offers payment, commerce and cloud, and financial services to both consumers and merchants in India.

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

Insider Ownership: 20.7%

Earnings Growth Forecast: 66.7% p.a.

One97 Communications, the parent company of Paytm, is forecast to see its revenue grow at 11.4% annually, outpacing the Indian market's average. Despite recent earnings showing a net loss of INR 8.39 billion for Q1 2024 and a volatile share price, insider ownership remains significant with founder Vijay Shekhar Sharma holding around 19%. Recent strategic moves include a partnership with FlixBus and potential divestiture discussions with Zomato for its movie ticketing business valued up to INR 20 billion.

• Unlock comprehensive insights into our analysis of One97 Communications stock in this growth report.
• In light of our recent valuation report, it seems possible that One97 Communications is trading behind its estimated value.

Taking Advantage

• Navigate through the entire inventory of 89 Fast Growing Indian Companies With High Insider Ownership here.
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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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