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The Indian market has climbed 1.3% over the last week and is up 45% over the last 12 months, with earnings forecast to grow by 17% annually. In this thriving environment, identifying growth companies with high insider ownership can be a strategic move, 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% | 34.2% |
Kirloskar Pneumatic (BSE:505283) | 30.3% | 30.1% |
Jupiter Wagons (NSEI:JWL) | 10.8% | 27.4% |
Dixon Technologies (India) (NSEI:DIXON) | 24.6% | 31.6% |
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% |
Rajratan Global Wire (BSE:517522) | 19.8% | 35.8% |
Pricol (NSEI:PRICOLLTD) | 25.5% | 24% |
KEI Industries (BSE:517569) | 18.7% | 22.4% |
Here's a peek at a few of the choices from the screener.
Astral
Simply Wall St Growth Rating: ★★★★★☆
Overview: Astral Limited, with a market cap of ?538.56 billion, manufactures and markets pipes, water tanks, adhesives, and sealants in India and internationally through its subsidiaries.
Operations: The company's revenue segments include ?42.17 billion from plumbing and ?15.25 billion from paints and adhesives.
Insider Ownership: 39.4%
Astral Limited, a growth company with high insider ownership, has shown consistent earnings growth of 17.7% annually over the past five years and is forecasted to grow its earnings by 23.53% per year, outpacing the Indian market's expected growth. Recent expansions include commissioning a new plant in Hyderabad and consolidating manufacturing operations to improve efficiency. Despite these positive developments, revenue growth is projected at 17.3% annually, slightly below the 20% benchmark for high-growth companies.
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Take a closer look at Astral's potential here in our earnings growth report.
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The valuation report we've compiled suggests that Astral's current price could be inflated.
Persistent Systems
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Persistent Systems Limited offers software products, services, and technology solutions across India, North America, and internationally with a market cap of ?798.70 billion.
Operations: The company's revenue segments include Healthcare & Life Sciences (?23.88 billion), Software, Hi-Tech and Emerging Industries (?46.41 billion), and Banking, Financial Services and Insurance (BFSI) (?32.08 billion).