Stock Analysis

Top 3 Growth Companies With High Insider Ownership On The Indian Exchange September 2024

NSEI:VBL
Source: Shutterstock

The Indian market has shown impressive resilience, with the Utilities sector gaining 3.5% while the overall market remained flat last week and up 44% over the past year. As earnings are forecast to grow by 17% annually, identifying growth companies with high insider ownership can be a strategic approach for investors looking to capitalize on this robust performance.

Top 10 Growth Companies With High Insider Ownership In India

NameInsider OwnershipEarnings Growth
Archean Chemical Industries (NSEI:ACI)22.9%33.7%
Kirloskar Pneumatic (BSE:505283)30.3%30.1%
Dixon Technologies (India) (NSEI:DIXON)24.6%31.1%
Happiest Minds Technologies (NSEI:HAPPSTMNDS)32.5%22.2%
Jupiter Wagons (NSEI:JWL)10.8%27.4%
Paisalo Digital (BSE:532900)16.3%24.8%
Apollo Hospitals Enterprise (NSEI:APOLLOHOSP)10.4%32.3%
Rajratan Global Wire (BSE:517522)19.8%35.8%
Aether Industries (NSEI:AETHER)31.1%45.9%
Pricol (NSEI:PRICOLLTD)25.5%24%

Click here to see the full list of 92 stocks from our Fast Growing Indian Companies With High Insider Ownership screener.

Here's a peek at a few of the choices from the screener.

Aptus Value Housing Finance India (NSEI:APTUS)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Aptus Value Housing Finance India Limited, with a market cap of ₹185.40 billion, operates as a housing finance company in India through its subsidiary.

Operations: Aptus Value Housing Finance India Limited generates revenue of ₹10.46 billion from providing long-term housing finance, loans against property, and refinance loans.

Insider Ownership: 25.2%

Aptus Value Housing Finance India exhibits strong growth potential with high insider ownership. The company reported significant revenue and net income increases for Q1 2024, reaching INR 4.05 billion and INR 1.72 billion respectively. Earnings are forecast to grow at 18% annually, outpacing the Indian market's average of 17.3%. Recent fixed-income offerings totaling INR 4 billion indicate robust financial strategies, while a low price-to-earnings ratio (28.9x) suggests good valuation relative to the market (34.3x).

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

Info Edge (India) (NSEI:NAUKRI)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Info Edge (India) Limited operates as an online classifieds company in recruitment, matrimony, real estate, and education services in India and internationally, with a market cap of ₹1.05 trillion.

Operations: The company's revenue segments include ₹19.05 billion from Recruitment Solutions and ₹3.67 billion from 99acres for Real Estate.

Insider Ownership: 37.7%

Info Edge (India) shows promising growth with substantial insider ownership. Earnings are forecast to grow 23.6% annually, outpacing the Indian market's 17.3%. Despite significant recent insider selling, the company has seen increased revenue and net income for Q1 2024, reaching INR 8.28 billion and INR 2.33 billion respectively. Recent executive appointments aim to bolster strategic growth and public policy initiatives, though a low forecasted return on equity (4.6%) remains a concern.

NSEI:NAUKRI Ownership Breakdown as at Sep 2024
NSEI:NAUKRI Ownership Breakdown as at Sep 2024

Varun Beverages (NSEI:VBL)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Varun Beverages Limited, with a market cap of ₹2.12 trillion, operates as the franchisee for PepsiCo's carbonated soft drinks and non-carbonated beverages.

Operations: The company generates revenue primarily from the manufacturing and sale of beverages, amounting to ₹180.52 billion.

Insider Ownership: 36.3%

Varun Beverages demonstrates strong growth potential with high insider ownership. Earnings grew by 29% over the past year and are forecast to grow 22.34% annually, outpacing the Indian market's average. Despite a high level of debt, revenue is expected to increase at 15.3% per year, faster than the market's 10.2%. Recent developments include a proposed stock split and an interim dividend of INR 1.25 per share for FY2024, reflecting robust financial health and shareholder value focus.

NSEI:VBL Earnings and Revenue Growth as at Sep 2024
NSEI:VBL Earnings and Revenue Growth as at Sep 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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