Exploring Three High Growth Indian Stocks With Significant Insider Ownership
The Indian market has shown robust performance, with a 43% increase over the past year and earnings projected to grow by 16% annually. In such a thriving environment, stocks with high insider ownership can be particularly appealing as they often indicate strong confidence from those who know the company best.
Top 10 Growth Companies With High Insider Ownership In India
Name | Insider Ownership | Earnings Growth |
Archean Chemical Industries (NSEI:ACI) | 22.9% | 28.1% |
Pitti Engineering (BSE:513519) | 33.6% | 28.0% |
Rajratan Global Wire (BSE:517522) | 19.8% | 33.5% |
Happiest Minds Technologies (NSEI:HAPPSTMNDS) | 38% | 22.9% |
Dixon Technologies (India) (NSEI:DIXON) | 24.9% | 27.9% |
Jupiter Wagons (NSEI:JWL) | 11.1% | 27.2% |
Paisalo Digital (BSE:532900) | 16.3% | 23.8% |
MTAR Technologies (NSEI:MTARTECH) | 38.4% | 46.2% |
Kirloskar Pneumatic (BSE:505283) | 30.6% | 27.7% |
Pricol (NSEI:PRICOLLTD) | 25.5% | 26.9% |
We're going to check out a few of the best picks from our screener tool.
Astral
Simply Wall St Growth Rating: ★★★★★☆
Overview: Astral Limited operates in the manufacturing and marketing of pipes, water tanks, and adhesives and sealants both in India and internationally, with a market capitalization of approximately ₹577.19 billion.
Operations: The company generates revenue primarily from two segments: plumbing (₹41.42 billion) and paints and adhesives (₹14.99 billion).
Insider Ownership: 39.4%
Revenue Growth Forecast: 17.5% p.a.
Astral Limited, a notable entity in the Indian market, has shown a robust growth trajectory with its earnings increasing by 19.1% annually over the past five years. Recent financial reports for FY 2024 indicate a continuation of this trend with significant year-over-year increases in sales and revenue. Despite a slight dip in net income and EPS for Q4, annual figures reflect overall positive momentum. Insider activities reveal more buying than selling, although not in substantial volumes, underscoring confidence from those closest to the company's operations. This aligns with forecasts predicting Astral's earnings and revenue to outpace broader market growth rates significantly over the next three years.
Navigate through the intricacies of Astral with our comprehensive analyst estimates report here.
Our expertly prepared valuation report Astral implies its share price may be too high.
AU Small Finance Bank
Simply Wall St Growth Rating: ★★★★★☆
Overview: AU Small Finance Bank Limited, operating in India, offers a range of banking and financial services with a market capitalization of approximately ₹472.64 billion.
Operations: The bank generates revenue through three primary segments: Treasury (₹17.04 billion), Retail Banking (₹91.18 billion), and Wholesale Banking (₹11.61 billion).
Insider Ownership: 24.3%
Revenue Growth Forecast: 24.8% p.a.
AU Small Finance Bank, despite recent regulatory penalties totaling INR 5.11 million for various compliance lapses, continues to show promising growth prospects with earnings expected to increase by 23.94% annually. Insider transactions over the past three months indicate a balanced buying and selling activity, reflecting cautious optimism among those closest to the company. The bank's revenue growth forecast at 24.8% per year outpaces the broader Indian market significantly, suggesting robust business expansion ahead despite short-term challenges.
Persistent Systems
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Persistent Systems Limited operates in providing software products, services, and technology solutions across India, North America, and other global markets, with a market capitalization of approximately ₹54.22 billion.
Operations: The company generates revenue from three primary segments: Healthcare & Life Sciences (₹20.88 billion), Software, Hi-Tech and Emerging Industries (₹45.95 billion), and Banking, Financial Services and Insurance (BFSI) at ₹31.39 billion.
Insider Ownership: 34.3%
Revenue Growth Forecast: 13.2% p.a.
Persistent Systems, a key player in India's tech sector, is poised for robust growth with earnings forecasted to rise by 17.9% annually, outpacing the Indian market's expected 16% growth. Revenue is also set to increase at 13.2% per year, higher than the market average of 9.4%. While there has been no significant insider buying or selling in the past three months, the company maintains a high Return on Equity forecast at 26.2%, indicating efficient management and profitability potential despite recent executive changes and minor regulatory issues abroad that have not materially impacted operations.
Key Takeaways
Gain an insight into the universe of 78 Fast Growing Indian Companies With High Insider Ownership by clicking here.
Got skin in the game with these stocks? Elevate how you manage them by using Simply Wall St's portfolio, where intuitive tools await to help optimize your investment outcomes.
Join a community of smart investors by using Simply Wall St. It's free and delivers expert-level analysis on worldwide markets.
Ready For A Different Approach?
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.
Companies discussed in this article include NSEI:ASTRALNSEI:AUBANK NSEI:PERSISTENT and
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com