3 Indian Growth Companies With High Insider Ownership Growing Earnings At 24%

Over the last 7 days, the Indian market has risen 1.1%, and it is up 42% over the last 12 months, with earnings forecast to grow by 17% annually. In this thriving environment, companies that combine robust growth prospects with high insider ownership can present compelling opportunities for investors.

Top 10 Growth Companies With High Insider Ownership In India

Click here to see the full list of 94 stocks from our Fast Growing Indian Companies With High Insider Ownership screener.

We're going to check out a few of the best picks from our screener tool.

Greenpanel Industries (NSEI:GREENPANEL)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Greenpanel Industries Limited manufactures, markets, and sells plywood, medium density fibre board (MDF), and allied products in India and internationally, with a market cap of ₹42.60 billion.

Operations: The company's revenue segments include ₹1.62 billion from Plywood and Allied Products and ₹14.05 billion from Medium Density Fibre Boards and Allied Products.

Insider Ownership: 13.6%

Earnings Growth Forecast: 25.3% p.a.

Greenpanel Industries demonstrates strong growth potential with revenue forecasted to grow at 14.6% per year, outpacing the Indian market's 10%. Earnings are expected to rise significantly at 25.3% annually over the next three years. Insider ownership remains high, with more shares bought than sold recently, albeit in modest volumes. However, profit margins have declined from 14.4% to 9.1%, and the dividend yield of 0.43% is not well covered by free cash flows.

• Delve into the full analysis future growth report here for a deeper understanding of Greenpanel Industries.
• Our comprehensive valuation report raises the possibility that Greenpanel Industries is priced lower than what may be justified by its financials.

HealthCare Global Enterprises (NSEI:HCG)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: HealthCare Global Enterprises Limited, with a market cap of ₹49.45 billion, provides healthcare services focusing on cancer and fertility through its subsidiaries.

Operations: The company generates revenue primarily from setting up and managing hospitals and medical diagnostic services, amounting to ₹19.77 billion.

Insider Ownership: 13.8%

Earnings Growth Forecast: 39.6% p.a.

HealthCare Global Enterprises is positioned for substantial growth, with revenue expected to rise 13.5% annually and earnings projected to grow significantly at 39.6% per year, outpacing the Indian market. Recent earnings reports show strong performance, with Q1 sales increasing from ₹4.60 billion to ₹5.34 billion and net income rising from ₹76.1 million to ₹120.8 million year-over-year. Insider ownership remains high, though interest payments are not well covered by earnings, indicating some financial risk.

• Unlock comprehensive insights into our analysis of HealthCare Global Enterprises stock in this growth report.
• The valuation report we've compiled suggests that HealthCare Global Enterprises' current price could be inflated.

Nazara Technologies (NSEI:NAZARA)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Nazara Technologies Limited operates a gaming and sports media platform in India and internationally, with a market cap of ₹79.77 billion.

Operations: Nazara Technologies Limited generates revenue through its gaming and sports media platform in India and internationally.

Insider Ownership: 19.8%

Earnings Growth Forecast: 24% p.a.

Nazara Technologies shows strong growth potential with earnings forecasted to increase by 24% annually, outpacing the Indian market. Recent Q1 results reported sales of ₹2.50 billion and net income of ₹226.3 million, reflecting year-over-year improvement. Despite some share dilution over the past year, insider ownership remains high. The company is actively seeking acquisitions to bolster its position in the gaming sector, including a recent move to incorporate subsidiaries in the UK and US for strategic expansion.

• Click to explore a detailed breakdown of our findings in Nazara Technologies' earnings growth report.
• Our comprehensive valuation report raises the possibility that Nazara Technologies is priced higher than what may be justified by its financials.

Turning Ideas Into Actions

• Navigate through the entire inventory of 94 Fast Growing Indian Companies With High Insider Ownership here.
• Are any of these part of your asset mix? Tap into the analytical power of Simply Wall St's portfolio to get a 360-degree view on how they're shaping up.
• Maximize your investment potential with Simply Wall St, the comprehensive app that offers global market insights for free.

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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