Top Growth Companies With High Insider Ownership On Indian Exchanges September 2024

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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%

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

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.

NSEI:ASTRAL Ownership Breakdown as at Sep 2024
NSEI:ASTRAL Ownership Breakdown as at Sep 2024

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).