Stock Analysis

Top Insider Owned Growth Stocks On Indian Exchange With 12% Revenue Growth

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The Indian market has shown robust performance, increasing by 1.6% over the last week and climbing 43% in the past year, with earnings projected to grow by 17% annually in the coming years. In such a thriving environment, growth companies with high insider ownership can be particularly attractive as they often indicate strong confidence from those closest to the business.

Top 10 Growth Companies With High Insider Ownership In India

NameInsider OwnershipEarnings Growth
Archean Chemical Industries (NSEI:ACI)22.9%35%
Kirloskar Pneumatic (BSE:505283)30.6%30.1%
Dixon Technologies (India) (NSEI:DIXON)24.6%35.7%
Jupiter Wagons (NSEI:JWL)10.8%27.2%
Happiest Minds Technologies (NSEI:HAPPSTMNDS)31.9%20.7%
Paisalo Digital (BSE:532900)16.3%24.8%
JNK India (NSEI:JNKINDIA)21%31.8%
KEI Industries (BSE:517569)19.1%20.3%
Aether Industries (NSEI:AETHER)31.1%43.6%
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 we highlight a subset of our preferred stocks from the screener.

Archean Chemical Industries (NSEI:ACI)

Simply Wall St Growth Rating: ★★★★★★

Overview: Archean Chemical Industries Limited manufactures and sells specialty marine chemicals both in India and internationally, with a market cap of ₹90.71 billion.

Operations: Archean Chemical Industries generates revenue primarily from its marine chemicals segment, amounting to ₹11.99 billion.

Insider Ownership: 22.9%

Revenue Growth Forecast: 29.2% p.a.

Archean Chemical Industries, a growth company with high insider ownership in India, is trading at 9% below its estimated fair value. Despite recent executive changes and regulatory penalties, the company's earnings are forecast to grow significantly over the next three years at an annual rate of 35%, outpacing both its peers and the broader Indian market. However, it reported a decline in Q1 2024 revenue (INR 2.22 billion) compared to the previous year (INR 3.54 billion), indicating some near-term challenges.

NSEI:ACI Ownership Breakdown as at Aug 2024

Arvind Fashions (NSEI:ARVINDFASN)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Arvind Fashions Limited engages in the wholesale and retail trading of garments and accessories in India and internationally, with a market cap of ₹63.48 billion.

Operations: Revenue Segments (in millions of ₹): Branded Appeals (Garments and Accessories): ₹43.47 billion

Insider Ownership: 13.5%

Revenue Growth Forecast: 12.2% p.a.

Arvind Fashions, with high insider ownership, is trading 17% below its estimated fair value. The company's earnings are forecast to grow significantly at 46.9% annually over the next three years, outpacing the Indian market's 16.9%. Recent Q1 results show a turnaround from a net loss to a net income of INR 13.2 million on revenue of INR 9.62 billion, despite slower revenue growth (12.2%) compared to peers and interest payments not being well covered by earnings.

NSEI:ARVINDFASN Earnings and Revenue Growth as at Aug 2024

MTAR Technologies (NSEI:MTARTECH)

Simply Wall St Growth Rating: ★★★★★☆

Overview: MTAR Technologies Limited is a precision engineering solutions company that develops, manufactures, and sells mission-critical precision assemblies and components in India and internationally, with a market cap of ₹55.17 billion.

Operations: The company generates revenue of ₹5.81 billion from manufacturing high precision and heavy equipment, components, and machines.

Insider Ownership: 36.4%

Revenue Growth Forecast: 20.7% p.a.

MTAR Technologies, with substantial insider ownership, is poised for significant growth. Despite a decline in profit margins from 18% to 9.7% over the past year, earnings are expected to grow at 27.8% annually over the next three years, surpassing market expectations. Recent export orders worth US$16.73 million in the clean energy sector and a long-term agreement with Israeli Aerospace Industries (US$90-120 million) bolster its growth prospects despite recent financial setbacks.

NSEI:MTARTECH Ownership Breakdown as at Aug 2024

Key Takeaways

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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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