Stock Analysis

3 Indian Growth Stocks With Insider Ownership Up To 27%

NSEI:SYRMA
Source: Shutterstock

Over the last 7 days, the Indian market has dropped 1.1%, yet it remains up 41% over the past year with earnings expected to grow by 17% per annum in the coming years. In such a vibrant market, growth stocks with high insider ownership can be particularly appealing as they often indicate 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%35%
Kirloskar Pneumatic (BSE:505283)30.6%30.1%
Dixon Technologies (India) (NSEI:DIXON)24.6%36%
Jupiter Wagons (NSEI:JWL)10.8%27.2%
Happiest Minds Technologies (NSEI:HAPPSTMNDS)31.9%21.8%
Paisalo Digital (BSE:532900)16.3%24.8%
Apollo Hospitals Enterprise (NSEI:APOLLOHOSP)10.4%32.2%
Rajratan Global Wire (BSE:517522)19.8%35.8%
KEI Industries (BSE:517569)19.1%20.4%
Aether Industries (NSEI:AETHER)31.1%43.6%

Click here to see the full list of 95 stocks from our Fast Growing Indian Companies With High Insider Ownership screener.

Underneath we present a selection of stocks filtered out by our screen.

Aptus Value Housing Finance India (NSEI:APTUS)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Aptus Value Housing Finance India Limited, with a market cap of ₹149.94 billion, operates as a housing finance company in India through its subsidiary.

Operations: The company's revenue segments include providing long-term housing finance, loans against property, and refinance loans, amounting to ₹10.46 billion.

Insider Ownership: 25.2%

Aptus Value Housing Finance India shows strong growth potential with high insider ownership. Its Price-to-Earnings ratio of 23.4x is below the Indian market average, indicating good value. Earnings grew by 21.8% last year and are forecasted to grow at 17.98% annually, outpacing the Indian market's expected growth rate of 16.9%. Recent earnings reports show revenue increased to ₹4.05 billion and net income rose to ₹1.72 billion for Q1 FY2025, reflecting robust financial health despite debt concerns.

NSEI:APTUS Earnings and Revenue Growth as at Aug 2024
NSEI:APTUS Earnings and Revenue Growth as at Aug 2024

Syrma SGS Technology (NSEI:SYRMA)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Syrma SGS Technology Limited offers turnkey electronic manufacturing services across India, the United States, Germany, and internationally, with a market cap of ₹72.13 billion.

Operations: The company generates ₹37.12 billion in revenue from its electronic manufacturing services segment.

Insider Ownership: 27.8%

Syrma SGS Technology demonstrates significant growth potential with high insider ownership. Despite a dip in net income to ₹192.97 million for Q1 FY2025 from ₹285.18 million the previous year, revenue surged to ₹11.75 billion from ₹6.22 billion, indicating robust sales growth. Earnings and revenue are forecasted to grow at 31.9% and 21.8% annually, respectively, outpacing the broader Indian market's projections despite lower profit margins and return on equity forecasts of 14.5%.

NSEI:SYRMA Earnings and Revenue Growth as at Aug 2024
NSEI:SYRMA Earnings and Revenue Growth as at Aug 2024

TBO Tek (NSEI:TBOTEK)

Simply Wall St Growth Rating: ★★★★★☆

Overview: TBO Tek Limited operates travel distribution platforms in India and internationally, with a market cap of ₹167.21 billion.

Operations: The company's revenue segments include travel distribution platforms in India and internationally.

Insider Ownership: 23.3%

TBO Tek Limited showcases strong growth potential with high insider ownership. For Q1 FY2025, the company reported sales of ₹4.18 billion, up from ₹3.45 billion a year ago, and net income of ₹609.19 million compared to ₹478.12 million previously. Earnings are forecasted to grow significantly at 30% annually, outpacing the Indian market's 16.9%. Despite a show cause notice for tax discrepancies in FY2017-18, there is no material financial impact expected on the company’s operations.

NSEI:TBOTEK Earnings and Revenue Growth as at Aug 2024
NSEI:TBOTEK Earnings and Revenue Growth as at Aug 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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