Despite a flat performance over the last week, the Indian market has shown robust growth, surging 45% over the past year with earnings expected to grow by 16% annually. In such an optimistic climate, companies like Anupam Rasayan India with high insider ownership can be particularly compelling, as they often reflect a deep commitment by those who know the business best.
Top 10 Growth Companies With High Insider Ownership In India
Overview: Anupam Rasayan India Ltd specializes in the custom synthesis and manufacturing of specialty chemicals, operating across India, Europe, Japan, Singapore, China, and North America with a market capitalization of ₹85.25 billion.
Operations: The company generates ₹14.75 billion from the manufacturing of industrial chemicals.
Insider Ownership: 39.6%
Earnings Growth Forecast: 33% p.a.
Anupam Rasayan India has shown a mixed financial performance with a recent decline in quarterly sales and net income, reporting INR 4,010.12 million in sales and INR 309.05 million in net income for Q4 2024, down from the previous year. Despite this downturn, the company's earnings are expected to grow by 33% annually, outpacing the Indian market forecast of 15.9%. Additionally, revenue is projected to increase by 19% annually, which is double the national market rate of 9.6%. However, shareholder dilution occurred over the past year and Return on Equity is anticipated to be low at 11.2% in three years' time.
Overview: Aptus Value Housing Finance India Limited, along with its subsidiary, functions as a housing finance company in India, boasting a market capitalization of approximately ₹162.07 billion.
Operations: The company generates revenue primarily from providing long-term housing finance, loans against property, and refinance loans, totaling approximately ₹9.998 billion.
Insider Ownership: 25.2%
Earnings Growth Forecast: 17.4% p.a.
Aptus Value Housing Finance India Limited, a growth-oriented company with significant insider ownership, reported a robust financial performance for FY 2024. The company's revenue surged to INR 14.17 billion, up from INR 11.34 billion the previous year, while net income increased to INR 6.12 billion from INR 5.03 billion. Despite these gains, its dividend coverage remains weak with recent interim dividends declared at INR 2.50 per share not well covered by free cash flows. The firm also appointed Mr. Vijayaraghavan Kannan as Chief Risk Officer, strengthening its management team amid expanding operations and solid earnings growth forecasts of approximately 17% annually.
Overview: Senco Gold Limited is an Indian company engaged in the manufacturing and trading of jewelry and articles crafted from gold, silver, platinum, and various precious and semi-precious stones, with a market capitalization of approximately ₹75.78 billion.
Operations: The company's primary revenue of ₹52.41 billion is derived from the sale of gold jewellery and other related articles.
Insider Ownership: 24.1%
Earnings Growth Forecast: 21.4% p.a.
Senco Gold Limited, a key player in India's specialty retail sector, demonstrates substantial insider ownership with promising growth prospects. The company's earnings are expected to grow by 21.4% annually over the next three years, outpacing the Indian market forecast of 15.9%. Despite recent regulatory challenges and a service tax demand of INR 2.27 million which the company plans to contest, Senco Gold has shown robust financial health with significant revenue and net income increases in FY 2024. However, concerns about interest coverage and moderate insider transactions may temper investor enthusiasm.
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:ANURAS NSEI:APTUS and NSEI:SENCO.
