Over the last 7 days, the market has dropped 1.1%, driven by pullbacks in the Financials and Energy sectors of 2.1% and 5.2%, respectively. The market is up 40% over the past year, with earnings forecast to grow by 17% annually. In such a fluctuating environment, identifying growth companies with high insider ownership can be crucial for investors seeking stability and potential upside in their portfolios.
Top 10 Growth Companies With High Insider Ownership In India
Overview: Greenpanel Industries Limited manufactures, markets, and sells plywood, medium density fibre board (MDF), and allied products both in India and internationally, with a market cap of ?47.59 billion.
Operations: The company's revenue segments comprise ?1.62 billion from plywood and allied products and ?14.05 billion from medium density fibre boards and allied products.
Insider Ownership: 13.6%
Greenpanel Industries showcases high insider ownership, with earnings expected to grow significantly at 25.3% annually, outpacing the Indian market's 17.1%. Despite a lower profit margin of 9.1% compared to last year's 14.4%, its P/E ratio of 33.4x remains competitive against the Indian market average of 34.2x. Recent events include an office relocation and dividend approval, though no substantial insider buying has occurred in the past three months.
Overview: HealthCare Global Enterprises Limited, with a market cap of ?58.01 billion, provides medical and healthcare services focusing on cancer and fertility in India and internationally.
Operations: The company's revenue segments include ?19.77 billion from setting up and managing hospitals and medical diagnostic services.
Insider Ownership: 13.8%
HealthCare Global Enterprises exhibits high insider ownership and is poised for significant growth, with earnings forecast to increase by 39.5% annually, surpassing the Indian market's average of 17.1%. Recent revenue and net income improvements highlight its robust performance, despite interest payments not being well covered by earnings. The company is evaluating inorganic growth opportunities but has no mature acquisitions currently. Recent board meetings focused on financial results and director reappointments.
Overview: Nazara Technologies Limited operates a gaming and sports media platform in India and internationally, with a market cap of ?77.17 billion.
Operations: The company's revenue segments include ?3.90 billion from Gaming, ?6.46 billion from E-Sports, and ?1.02 billion from AD Tech Business.
Insider Ownership: 22.3%
Nazara Technologies, a growth company with high insider ownership, is forecast to achieve annual earnings growth of 24.1%, outpacing the Indian market's average. However, revenue growth at 17.7% annually is slightly below the desirable 20%. Recent board meetings have focused on strategic initiatives including potential equity issuance and small acquisitions. Despite strong financial performance with net income rising to ?226.3 million for Q1 FY25, shareholders experienced dilution over the past year due to new share issuances.
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:GREENPANEL NSEI:HCG and NSEI:NAZARA.
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