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

In the last week, the Indian market has stayed flat, though it has risen 41% over the past 12 months with earnings forecasted to grow by 17% annually. In this context, identifying growth companies with high insider ownership can be particularly appealing as it often signals 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%	33.7%
Kirloskar Pneumatic (BSE:505283)	30.4%	30.1%
Dixon Technologies (India) (NSEI:DIXON)	24.6%	37.4%
Jupiter Wagons (NSEI:JWL)	10.8%	27.4%
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%
KEI Industries (BSE:517569)	18.7%	22.4%
Pricol (NSEI:PRICOLLTD)	25.5%	24%
Aether Industries (NSEI:AETHER)	31.1%	45.9%

Click here to see the full list of 93 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.

Godrej Consumer Products (NSEI:GODREJCP)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Godrej Consumer Products Limited, a fast-moving consumer goods company with a market cap of ₹1.55 trillion, manufactures and markets personal care and home care products across India, Africa, Indonesia, the Middle East, the United States of America, and internationally.

Operations: The company's revenue segments include the manufacturing of personal, household, and hair care products, generating ₹139.79 billion.

Insider Ownership: 13.8%

Earnings Growth Forecast: 58.3% p.a.

Godrej Consumer Products exhibits strong insider ownership and is expanding into the high-growth pet care sector, investing ₹5 billion over five years. Recent management changes include strategic appointments like Swati Bhattacharya as Global Head - Lightbox Creative Lab. Despite a slight dip in Q1 revenue to ₹34.09 billion, net income rose to ₹4.51 billion from ₹3.19 billion year-over-year, indicating robust earnings growth potential of 58% annually over the next three years.

• Click here to discover the nuances of Godrej Consumer Products with our detailed analytical future growth report.
• Upon reviewing our latest valuation report, Godrej Consumer Products' share price might be too optimistic.

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 both in India and internationally, with a market cap of ₹1.01 trillion.

Operations: Info Edge (India) Limited generates revenue from recruitment solutions (₹19.05 billion), real estate services through 99acres (₹3.67 billion), and matrimony and education-related services.

Insider Ownership: 37.7%

Earnings Growth Forecast: 23.6% p.a.

Info Edge (India) shows substantial insider ownership and has been actively making strategic management appointments, such as Mr. Hoonar Janu as Senior Vice President and Head of Public Policy. The company reported a strong Q1 performance with net income rising to ₹2.33 billion from ₹1.59 billion year-over-year, driven by revenue growth to ₹8.28 billion from ₹6.90 billion. However, it faces regulatory challenges with a recent GST demand order for fiscal year 2019-20 under appeal.

• Take a closer look at Info Edge (India)'s potential here in our earnings growth report.
• Our valuation report unveils the possibility Info Edge (India)'s shares may be trading at a premium.

Varun Beverages (NSEI:VBL)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Varun Beverages Limited, with a market cap of ₹2.10 trillion, operates as the franchisee for PepsiCo's carbonated soft drinks and non-carbonated beverages.

Operations: The company generates ₹180.52 billion from manufacturing and selling beverages under PepsiCo's trademarks.

Insider Ownership: 14.5%

Earnings Growth Forecast: 22.3% p.a.

Varun Beverages shows strong insider ownership and robust growth prospects, with earnings forecasted to grow 22.3% annually, outpacing the Indian market. Recent financials highlight significant revenue and net income increases, with Q2 2024 sales at ₹71.97 billion and net income at ₹12.53 billion. The company announced a stock split and interim dividend of ₹1.25 per share. However, it carries a high level of debt which investors should monitor closely.

• Navigate through the intricacies of Varun Beverages with our comprehensive analyst estimates report here.
• The analysis detailed in our Varun Beverages valuation report hints at an inflated share price compared to its estimated value.

Where To Now?

• Click this link to deep-dive into the 93 companies within our Fast Growing Indian Companies With High Insider Ownership screener.
• Already own these companies? Bring clarity to your investment decisions by linking up your portfolio with Simply Wall St, where you can monitor all the vital signs of your stocks effortlessly.
• Streamline your investment strategy with Simply Wall St's app for free and benefit from extensive research on stocks across all corners of the world.

Seeking Other Investments?

• 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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