3 Indian Growth Stocks With High Insider Ownership Expecting Up To 59% Profit Growth

In this article:

Over the last 7 days, the Indian market has dropped 4.7%, but it has risen by 39% over the past year, with earnings expected to grow by 17% annually. In this context, identifying growth companies with high insider ownership can be crucial as they often demonstrate strong alignment between management and shareholder interests, potentially leading to substantial profit growth.

Top 10 Growth Companies With High Insider Ownership In India

Name

Insider Ownership

Earnings Growth

Archean Chemical Industries (NSEI:ACI)

22.9%

35.1%

Kirloskar Pneumatic (BSE:505283)

30.6%

30.1%

Dixon Technologies (India) (NSEI:DIXON)

24.6%

35.5%

Jupiter Wagons (NSEI:JWL)

10.8%

27.2%

Shivalik Bimetal Controls (BSE:513097)

19.5%

28.7%

Happiest Minds Technologies (NSEI:HAPPSTMNDS)

31.9%

20.7%

Paisalo Digital (BSE:532900)

16.3%

23.8%

JNK India (NSEI:JNKINDIA)

20.9%

31.8%

Apollo Hospitals Enterprise (NSEI:APOLLOHOSP)

10.4%

33%

Pricol (NSEI:PRICOLLTD)

25.5%

24%

Click here to see the full list of 89 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.

Apollo Hospitals Enterprise

Simply Wall St Growth Rating: ★★★★★☆

Overview: Apollo Hospitals Enterprise Limited, with a market cap of ?957.28 billion, provides healthcare services in India and internationally through its subsidiaries.

Operations: Apollo Hospitals Enterprise Limited generates revenue from healthcare services (?99.39 billion), retail health and diagnostics (?13.64 billion), and digital health and pharmacy distribution (?78.27 billion).

Insider Ownership: 10.4%

Earnings Growth Forecast: 33% p.a.

Apollo Hospitals Enterprise is poised for significant growth, with earnings expected to increase by 33% annually over the next three years, outpacing the Indian market. Despite slower revenue growth at 15.8%, it remains above the market average. Recent developments include interest in acquiring Jaypee Healthcare and a recommended final dividend of ?10 per share for FY2023-24. The company reported strong financials, with annual sales reaching ?190.59 billion and net income of ?8.99 billion for FY2024, reflecting robust performance and strategic expansion initiatives.

NSEI:APOLLOHOSP Earnings and Revenue Growth as at Aug 2024
NSEI:APOLLOHOSP Earnings and Revenue Growth as at Aug 2024

Godrej Consumer Products

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Godrej Consumer Products Limited, with a market cap of ?1.51 trillion, manufactures and markets personal care and home care products in India, Africa, Indonesia, the Middle East, the United States of America, and internationally.

Operations: The company's revenue segments include the manufacturing of personal, household, and hair care products, generating ?140.96 billion.

Insider Ownership: 13.8%

Earnings Growth Forecast: 59.9% p.a.

Godrej Consumer Products is expected to become profitable in the next three years, with earnings forecasted to grow at 59.95% annually. However, its revenue growth of 9.4% per year is slower than the Indian market average of 9.8%. The company has high insider ownership and a projected return on equity of 20.5% in three years. Recent events include an upcoming Q1 FY2025 earnings call and interim dividend consideration following a board meeting on August 7, 2024.

NSEI:GODREJCP Earnings and Revenue Growth as at Aug 2024
NSEI:GODREJCP Earnings and Revenue Growth as at Aug 2024

Senco Gold

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Senco Gold Limited manufactures and trades jewelry made of gold, silver, platinum, and other precious and semi-precious stones in India, with a market cap of ?77.62 billion.

Operations: The company's revenue from the sale of gold jewelry and other articles is ?52.41 billion.

Insider Ownership: 24.1%

Earnings Growth Forecast: 21.4% p.a.

Senco Gold, a growth company with high insider ownership, has shown consistent revenue and earnings growth. Recent earnings reported a significant increase in both sales (INR 52.41 billion) and net income (INR 1.81 billion) for FY2024. However, the company faces regulatory challenges, including a service tax demand of INR 2.27 million from CGST authorities and compliance issues with Legal Metrology Act provisions. Despite these hurdles, Senco's forecasted earnings growth remains robust at 21.39% annually.

NSEI:SENCO Earnings and Revenue Growth as at Aug 2024
NSEI:SENCO Earnings and Revenue Growth as at Aug 2024

Seize The Opportunity

Ready To Venture Into Other Investment Styles?

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:APOLLOHOSP NSEI:GODREJCP and NSEI:SENCO.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

Advertisement