3 Indian Growth Stocks With High Insider Ownership And Up To 64% Earnings Growth
Reviewed by Simply Wall St
In the last week, the Indian market has been flat, but it is up 44% over the past year with earnings forecasted to grow by 17% annually. In this robust environment, identifying growth companies with high insider ownership can provide valuable insights into potential investment opportunities.
Top 10 Growth Companies With High Insider Ownership In India
| Name | Insider Ownership | Earnings Growth |
| Archean Chemical Industries (NSEI:ACI) | 22.9% | 34.2% |
| Kirloskar Pneumatic (BSE:505283) | 30.3% | 30.1% |
| Jupiter Wagons (NSEI:JWL) | 10.8% | 27.4% |
| Dixon Technologies (India) (NSEI:DIXON) | 24.6% | 31.6% |
| Happiest Minds Technologies (NSEI:HAPPSTMNDS) | 32.5% | 22.2% |
| Paisalo Digital (BSE:532900) | 16.3% | 24.8% |
| Apollo Hospitals Enterprise (NSEI:APOLLOHOSP) | 10.4% | 32.3% |
| Pricol (NSEI:PRICOLLTD) | 25.5% | 24% |
| KEI Industries (BSE:517569) | 18.7% | 22.4% |
| Aether Industries (NSEI:AETHER) | 31.1% | 45.9% |
Let's dive into some prime choices out of the screener.
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 ₹438.20 billion.
Operations: The company's revenue segments include Data Processing, which generated ₹91.38 billion.
Insider Ownership: 20.7%
Earnings Growth Forecast: 64.5% p.a.
One97 Communications, known for its Paytm brand, is forecast to grow revenue at 12.1% annually, outpacing the Indian market's 10.1%. Despite expected profitability within three years and earnings growth of 64.47% per year, recent financials show a net loss of INR 8.39 billion in Q1 2024. The sale of its entertainment ticketing business to Zomato for INR 20.48 billion strengthens its balance sheet and aligns with a focus on core payments and financial services distribution.
- Dive into the specifics of One97 Communications here with our thorough growth forecast report.
- Upon reviewing our latest valuation report, One97 Communications' share price might be too optimistic.
Persistent Systems (NSEI:PERSISTENT)
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Persistent Systems Limited provides software products, services, and technology solutions in India, North America, and internationally with a market cap of ₹800.66 billion.
Operations: Persistent Systems Limited generates revenue from Healthcare & Life Sciences (₹23.88 billion), Software, Hi-Tech and Emerging Industries (₹46.41 billion), and Banking, Financial Services and Insurance (BFSI) (₹32.08 billion).
Insider Ownership: 34.3%
Earnings Growth Forecast: 19.4% p.a.
Persistent Systems, a growth company with high insider ownership, has forecasted earnings growth of 19.4% annually and revenue growth of 13.8%, both exceeding the Indian market averages. Recent financials show a net income increase to INR 3.06 billion for Q1 2024 from INR 2.29 billion a year ago, reflecting strong performance. The appointment of Sachin Pathak as Chief Risk Officer and strategic partnerships like Mage Data™ enhance its digital transformation services portfolio, supporting sustained growth prospects.
- Navigate through the intricacies of Persistent Systems with our comprehensive analyst estimates report here.
- According our valuation report, there's an indication that Persistent Systems' share price might be on the expensive side.
Senco Gold (NSEI:SENCO)
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Senco Gold Limited manufactures and trades jewelry made of gold, silver, platinum, and other precious and semi-precious stones in India, with a market cap of ₹111.23 billion.
Operations: The company's revenue is primarily derived from its jewelry business, which generated ₹53.40 billion.
Insider Ownership: 24.1%
Earnings Growth Forecast: 21.8% p.a.
Senco Gold's earnings are forecast to grow 21.81% annually, outpacing the Indian market's 17.2%. Recent financials highlight a net income increase to INR 512.72 million for Q1 2024 from INR 276.68 million a year ago, with revenue rising to INR 14.16 billion from INR 13.15 billion. The company was recently added to the S&P Global BMI Index and has incorporated a new subsidiary, SENNES FASHION LIMITED, indicating strategic expansion efforts despite modest insider trading activity recently.
- Unlock comprehensive insights into our analysis of Senco Gold stock in this growth report.
- Our comprehensive valuation report raises the possibility that Senco Gold is priced higher than what may be justified by its financials.
Key Takeaways
- Get an in-depth perspective on all 94 Fast Growing Indian Companies With High Insider Ownership by using our screener here.
- Hold shares in these firms? Setup your portfolio in Simply Wall St to seamlessly track your investments and receive personalized updates on your portfolio's performance.
- Elevate your portfolio with Simply Wall St, the ultimate app for investors seeking global market coverage.
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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About NSEI:PERSISTENT
Persistent Systems
Provides software products, services, and technology solutions in India, North America, and internationally.
Solid track record with excellent balance sheet and pays a dividend.
