3 Indian Growth Stocks With Insider Ownership Up To 35%

Over the last 7 days, the Indian market has dropped 3.5%. However, it has risen by 41% in the past year and earnings are forecast to grow by 17% annually. In this context, growth companies with high insider ownership can be particularly appealing as they often indicate strong confidence from those closest to the business.

Top 10 Growth Companies With High Insider Ownership In India

Name	Insider Ownership	Earnings Growth
Archean Chemical Industries (NSEI:ACI)	22.9%	35%
Kirloskar Pneumatic (BSE:505283)	30.6%	30.1%
Dixon Technologies (India) (NSEI:DIXON)	24.6%	35.7%
Jupiter Wagons (NSEI:JWL)	10.8%	27.2%
Happiest Minds Technologies (NSEI:HAPPSTMNDS)	31.9%	20.7%
Paisalo Digital (BSE:532900)	16.3%	23.8%
JNK India (NSEI:JNKINDIA)	20.9%	31.8%
KEI Industries (BSE:517569)	19.1%	20.3%
Apollo Hospitals Enterprise (NSEI:APOLLOHOSP)	10.4%	33%
Aether Industries (NSEI:AETHER)	31.1%	43.6%

Click here to see the full list of 91 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.

Honasa Consumer (NSEI:HONASA)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Honasa Consumer Limited is a digital-first beauty and personal care company operating in India and internationally with a market cap of ₹160.94 billion.

Operations: Honasa Consumer Limited generates revenue primarily from its beauty and personal care products in both domestic and international markets.

Insider Ownership: 35.3%

Honasa Consumer, known for brands like Mamaearth and The Derma Co., has shown significant growth, with earnings forecasted to grow 34.41% annually and revenue expected to increase by 16.3% per year, outpacing the Indian market. Recently profitable, Honasa faces legal challenges but remains focused on expansion, appointing Nilesh Kotalwar as SVP of Online Revenue & Growth to enhance its digital strategy and online consumer experience.

• Take a closer look at Honasa Consumer's potential here in our earnings growth report.
• According our valuation report, there's an indication that Honasa Consumer's share price might be on the expensive side.

Kalpataru Projects International (NSEI:KPIL)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Kalpataru Projects International Limited offers engineering, procurement, and construction (EPC) services across various sectors including power transmission and distribution, buildings and factories, water, railways, oil and gas, as well as urban infrastructure in India and internationally with a market cap of ₹202.20 billion.

Operations: Kalpataru Projects International Limited generates revenue primarily from its Engineering, Procurement and Construction (EPC) services segment, which accounts for ₹194.92 billion, and additionally from development projects amounting to ₹2.81 billion.

Insider Ownership: 13.4%

Kalpataru Projects International shows strong growth potential with earnings forecasted to grow significantly over the next three years and revenue expected to increase by 13% annually, outpacing the Indian market. The company trades at a discount to its estimated fair value but has faced multiple regulatory challenges recently, including tax penalties in Kenya and GST disputes in India. Despite these issues, insider ownership remains high, indicating confidence from key stakeholders.

• Delve into the full analysis future growth report here for a deeper understanding of Kalpataru Projects International.
• Upon reviewing our latest valuation report, Kalpataru Projects International's share price might be too pessimistic.

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 ₹3.24 billion.

Operations: One97 Communications Limited generates revenue primarily from data processing, which amounts to ₹91.38 billion.

Insider Ownership: 20.7%

One97 Communications, the parent of Paytm, is a growth company with high insider ownership. Despite recent regulatory penalties and widening losses (net loss of ₹8.39 billion for Q1 2024), it continues to expand its service offerings, such as the 'Paytm Health Saathi' plan for merchants and a strategic partnership with FlixBus. The company's revenue is forecasted to grow at 11.4% annually, outpacing the Indian market's average growth rate.

• Unlock comprehensive insights into our analysis of One97 Communications stock in this growth report.
• Our comprehensive valuation report raises the possibility that One97 Communications is priced lower than what may be justified by its financials.

Turning Ideas Into Actions

• Delve into our full catalog of 91 Fast Growing Indian Companies With High Insider Ownership here.
• Are these companies part of your investment strategy? Use Simply Wall St to consolidate your holdings into a portfolio and gain insights with our comprehensive analysis tools.
• Invest smarter with the free Simply Wall St app providing detailed insights into every stock market around the globe.

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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