Top Indian Growth Companies With High Insider Ownership In September 2024

Over the last 7 days, the Indian market has remained flat, but it is up 43% over the past year with earnings expected to grow by 17% per annum over the next few years. In this favorable environment, growth companies with high insider ownership often signal strong potential as insiders are likely confident in their firm's future prospects.

Top 10 Growth Companies With High Insider Ownership In India

Name	Insider Ownership	Earnings Growth
Archean Chemical Industries (NSEI:ACI)	22.9%	33.7%
Kirloskar Pneumatic (BSE:505283)	30.4%	30.1%
Happiest Minds Technologies (NSEI:HAPPSTMNDS)	32.5%	22.2%
Dixon Technologies (India) (NSEI:DIXON)	24.6%	36.6%
Jupiter Wagons (NSEI:JWL)	10.8%	27.4%
PTC Industries (BSE:539006)	26.3%	65.3%
Paisalo Digital (BSE:532900)	16.3%	24.8%
Apollo Hospitals Enterprise (NSEI:APOLLOHOSP)	10.4%	32.3%
Aether Industries (NSEI:AETHER)	31.1%	45.9%
Pricol (NSEI:PRICOLLTD)	25.5%	24%

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

Let's explore several standout options from the results in the screener.

AU Small Finance Bank (NSEI:AUBANK)

Simply Wall St Growth Rating: ★★★★★☆

Overview: AU Small Finance Bank Limited provides a range of banking and financial services in India and has a market cap of ₹511.29 billion.

Operations: AU Small Finance Bank Limited's revenue segments include Treasury (₹18.63 billion), Retail Banking (₹103.26 billion), Wholesale Banking (₹12.74 billion), and Other Banking Operations (₹3.78 billion).

Insider Ownership: 24.3%

Revenue Growth Forecast: 24.2% p.a.

AU Small Finance Bank's earnings have grown 19.9% annually over the past five years and are forecast to grow 24.16% per year, outpacing the Indian market's growth rate. The bank has a Price-to-Earnings ratio of 31x, below the Indian market average of 34.3x, indicating potential value. Despite recent shareholder dilution and a minor GST penalty, AU Small Finance Bank continues to demonstrate strong revenue and profit growth prospects with substantial insider ownership remaining stable over recent months.

• Delve into the full analysis future growth report here for a deeper understanding of AU Small Finance Bank.
• Our valuation report here indicates AU Small Finance Bank may be overvalued.

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 ₹390.68 billion.

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

Insider Ownership: 20.7%

Revenue Growth Forecast: 11.1% p.a.

One97 Communications, known for its Paytm brand, is forecast to become profitable within three years with revenue growth expected to outpace the Indian market. The company recently sold its entertainment ticketing business to Zomato for INR 20.48 billion, focusing on core payments and financial services. Despite a penalty related to stamp duty non-payment, Paytm's strategic moves like partnering with FlixBus and launching 'Paytm Health Saathi' highlight its commitment to growth and innovation.

• Dive into the specifics of One97 Communications here with our thorough growth forecast report.
• Our comprehensive valuation report raises the possibility that One97 Communications is priced higher than what may be justified by its financials.

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 ₹91.99 billion.

Operations: The company generates ₹53.40 billion in revenue from its jewelry business.

Insider Ownership: 24.1%

Revenue Growth Forecast: 17.5% p.a.

Senco Gold, expected to see significant earnings growth of 21.64% annually over the next three years, is trading at a good value with a P/E ratio below the industry average. Despite no substantial insider buying recently, insiders have bought more shares than sold in the past three months. Recent earnings reports show strong performance with net income rising to INR 512.72 million from INR 276.68 million year-on-year, indicating robust revenue and profit growth potential.

• Click to explore a detailed breakdown of our findings in Senco Gold's earnings growth report.
• Our expertly prepared valuation report Senco Gold implies its share price may be lower than expected.

Next Steps

• Gain an insight into the universe of 95 Fast Growing Indian Companies With High Insider Ownership by clicking here.
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Ready For A Different Approach?

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• 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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