Top Indian Growth Companies With High Insider Ownership In May 2024

The Indian market has shown robust growth, with a 2.9% increase over the last week and an impressive 45% rise over the past year. In this thriving environment, companies with high insider ownership often signal strong confidence in their future prospects, making them particularly interesting to investors looking for growth opportunities.

Top 10 Growth Companies With High Insider Ownership In India

Name	Insider Ownership	Earnings Growth
Archean Chemical Industries (NSEI:ACI)	22.9%	28.1%
Pitti Engineering (BSE:513519)	33.6%	28.4%
Dixon Technologies (India) (NSEI:DIXON)	25%	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%
Steel Strips Wheels (BSE:513262)	35.9%	26.5%
Kirloskar Pneumatic (BSE:505283)	30.6%	27.7%
Pricol (NSEI:PRICOLLTD)	25.5%	26.9%

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

Let's review some notable picks from our screened stocks.

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 ₹555.49 billion.

Operations: The company's revenue is generated from several key segments: 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: 25%

Revenue Growth Forecast: 22.2% p.a.

Dixon Technologies, a key player in India's electronics manufacturing sector, has demonstrated robust financial growth with a significant increase in annual sales and net income. The company recently reported year-over-year revenue growth of 45.3% and net income growth of 43.9%. Additionally, Dixon is expanding its manufacturing capabilities through strategic partnerships, such as the recent MOU with Acerpure to produce consumer appliances. This expansion aligns with its high forecasted revenue and earnings growth over the next three years, indicating strong future prospects despite no substantial insider buying reported recently.

• Take a closer look at Dixon Technologies (India)'s potential here in our earnings growth report.
• Our comprehensive valuation report raises the possibility that Dixon Technologies (India) is priced higher than what may be justified by its financials.

Info Edge (India) (NSEI:NAUKRI)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Info Edge (India) Limited, with a market capitalization of ₹825.63 billion, operates as an online classifieds company focusing on recruitment, matrimony, real estate, and education services both in India and internationally.

Operations: The company generates revenue primarily through Recruitment Solutions and 99acres for Real Estate, bringing in ₹18.80 billion and ₹3.51 billion respectively.

Insider Ownership: 37.9%

Revenue Growth Forecast: 12.9% p.a.

Info Edge (India) Limited showcases a promising growth trajectory with its earnings expected to increase significantly, outpacing the broader Indian market's average. However, its revenue growth, while above market average, does not reach the high growth benchmark of 20% per year. Recent financial reports indicate a strong recovery with substantial year-over-year increases in sales and net income, transitioning from a net loss to profitability. Insider activity suggests more buying than selling over the past quarter, aligning interests with shareholders despite some regulatory challenges concerning GST violations.

• Get an in-depth perspective on Info Edge (India)'s performance by reading our analyst estimates report here.
• Insights from our recent valuation report point to the potential overvaluation of Info Edge (India) shares in the market.

Varun Beverages (NSEI:VBL)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Varun Beverages Limited operates as a franchisee of PepsiCo, producing and distributing carbonated soft drinks and non-carbonated beverages, with a market capitalization of approximately ₹1.97 trillion.

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

Insider Ownership: 36.4%

Revenue Growth Forecast: 16.3% p.a.

Varun Beverages demonstrates robust growth with earnings forecast to outpace the Indian market significantly, showing a 23% increase per year. Despite high debt levels, its Return on Equity is expected to remain impressive at 30.6% in three years. Recent strategic expansions include launching a subsidiary in Zimbabwe and initiating production at a new facility in Uttar Pradesh, underpinning its aggressive growth strategy. However, revenue growth projections of 16.3% yearly lag behind the high-growth benchmark of 20%.

• Delve into the full analysis future growth report here for a deeper understanding of Varun Beverages.
• Our valuation report unveils the possibility Varun Beverages' shares may be trading at a premium.

Seize The Opportunity

• Unlock more gems! Our Fast Growing Indian Companies With High Insider Ownership screener has unearthed 78 more companies for you to explore.Click here to unveil our expertly curated list of 81 Fast Growing Indian Companies With High Insider Ownership.
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Want To Explore Some Alternatives?

• 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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