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

The Indian market has climbed by 2.5% over the past week, with every sector up, and in the last year, it has surged by 45%. In this thriving environment where earnings are forecast to grow by 16% annually, identifying growth companies with high insider ownership can be crucial for investors seeking to align their interests with those of company insiders who have a vested interest in the company's success.

Top 10 Growth Companies With High Insider Ownership In India

Name	Insider Ownership	Earnings Growth
Kirloskar Pneumatic (BSE:505283)	30.6%	30.1%
Archean Chemical Industries (NSEI:ACI)	22.9%	28.9%
Jupiter Wagons (NSEI:JWL)	10.8%	27.2%
Shivalik Bimetal Controls (BSE:513097)	19.5%	28.7%
Rajratan Global Wire (BSE:517522)	19.8%	33.5%
Dixon Technologies (India) (NSEI:DIXON)	24.6%	34.4%
Paisalo Digital (BSE:532900)	16.3%	23.8%
JNK India (NSEI:JNKINDIA)	20.9%	31.8%
Apollo Hospitals Enterprise (NSEI:APOLLOHOSP)	10.4%	33%
Pricol (NSEI:PRICOLLTD)	25.5%	26.9%

Click here to see the full list of 85 stocks from our Fast Growing Indian Companies With High Insider Ownership screener.

We'll examine a selection from our screener results.

Apollo Hospitals Enterprise (NSEI:APOLLOHOSP)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Apollo Hospitals Enterprise Limited, along with its subsidiaries, offers healthcare services both in India and internationally and has a market cap of ₹960.72 billion.

Operations: Apollo Hospitals Enterprise Limited generates revenue from three main segments: Healthcare Services (₹99.39 billion), Retail Health & Diagnostics (₹13.64 billion), and Digital Health & Pharmacy Distribution (₹78.27 billion).

Insider Ownership: 10.4%

Revenue Growth Forecast: 15.8% p.a.

Apollo Hospitals Enterprise has demonstrated significant growth, with earnings increasing 25% annually over the past five years and revenue rising to ₹191.66 billion for FY2023-24. The company's earnings are forecast to grow at 33% per year, outpacing the Indian market's average. Recent interest in acquiring Jaypee Healthcare underscores its expansion strategy. Insider ownership remains strong despite leadership changes, such as Ms Shobana Kamineni stepping down as Executive Vice Chairperson to focus on digital health initiatives.

• Click to explore a detailed breakdown of our findings in Apollo Hospitals Enterprise's earnings growth report.
• Our valuation report here indicates Apollo Hospitals Enterprise 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 ₹314.35 billion.

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

Insider Ownership: 20.7%

Revenue Growth Forecast: 11.4% p.a.

One97 Communications, known for its Paytm brand, is positioned as a growth company with substantial insider ownership. Despite recent regulatory penalties and fluctuating share prices, the company's revenue is expected to grow 11.4% annually, surpassing the Indian market's average. Strategic partnerships like the one with FlixBus enhance its service offerings and customer base. However, recent earnings reports show increased losses and declining revenues year-over-year, posing challenges to achieving profitability within three years as forecasted by analysts.

• Delve into the full analysis future growth report here for a deeper understanding of One97 Communications.
• In light of our recent valuation report, it seems possible that One97 Communications is trading behind its estimated value.

Varun Beverages (NSEI:VBL)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Varun Beverages Limited, with a market cap of ₹2.19 trillion, operates as the franchisee for PepsiCo's carbonated soft drinks and non-carbonated beverages.

Operations: Revenue Segments (in millions of ₹): The company generated revenue of ₹164.67 billion from the manufacturing and sale of beverages.

Insider Ownership: 36.3%

Revenue Growth Forecast: 16.5% p.a.

Varun Beverages, with significant insider ownership, shows robust growth prospects. Recent earnings reveal a strong performance with Q2 revenue at ₹73.78 billion and net income of ₹12.53 billion, reflecting substantial year-over-year increases. Analysts forecast its revenue to grow 16.5% annually and earnings by 24.5%, outpacing the Indian market averages. Despite high debt levels, the company's return on equity is projected to reach an impressive 31.1% in three years, indicating solid financial health and growth potential.

• Get an in-depth perspective on Varun Beverages' performance by reading our analyst estimates report here.
• The analysis detailed in our Varun Beverages valuation report hints at an inflated share price compared to its estimated value.

Next Steps

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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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