The Indian market has gained 1.7% recently and is up an impressive 41% over the last 12 months, with earnings forecasted to grow by 17% annually. In this thriving environment, growth companies with high insider ownership can be particularly appealing as they often align management's interests with those of shareholders, potentially leading to stronger performance.
Top 10 Growth Companies With High Insider Ownership In India
Overview: Aptus Value Housing Finance India Limited, along with its subsidiary, operates as a housing finance company in India and has a market cap of ₹167.71 billion.
Operations: Aptus Value Housing Finance India Limited generates revenue primarily from providing long-term housing finance, loans against property, and refinance loans totaling ₹10.46 billion.
Insider Ownership: 25.2%
Earnings Growth Forecast: 18% p.a.
Aptus Value Housing Finance India is a growth company with high insider ownership. It has demonstrated strong earnings growth of 26.1% per year over the past five years and is forecasted to grow earnings by 18% annually, outpacing the Indian market. The company's revenue is also expected to grow faster than the market at 19.7% per year. Recent events include a fixed-income offering of ₹1 billion and changes in statutory auditors, indicating active financial management and governance adjustments.
Overview: Syrma SGS Technology Limited offers turnkey electronic manufacturing services across India, the United States, Germany, and internationally with a market cap of ₹83.06 billion.
Operations: The company generates ₹37.12 billion in revenue from its electronic manufacturing services segment.
Insider Ownership: 27.8%
Earnings Growth Forecast: 32.7% p.a.
Syrma SGS Technology exhibits strong revenue growth, forecasted at 21.9% annually, outpacing the Indian market's 10.1%. Earnings are expected to grow significantly at 32.7% per year, despite a dip in net profit margins from 5.9% to 2.6%. Recent earnings showed sales of ₹11.60 billion and revenue of ₹11.75 billion for Q1 FY2025, though net income dropped to ₹192.97 million from ₹285.18 million a year ago, with insider ownership remaining high and stable over the past three months.
Overview: TBO Tek Limited operates travel distribution platforms in India and internationally, with a market cap of ₹190.59 billion.
Operations: The company's revenue segments include Air Ticketing at ₹3.44 billion and Hotels and Packages at ₹10.88 billion.
Insider Ownership: 23.3%
Earnings Growth Forecast: 30.2% p.a.
TBO Tek Limited, a growth company with high insider ownership, reported strong Q1 FY2025 results with sales of ₹4.18 billion and net income of ₹609.19 million. Earnings are forecast to grow at 30.2% annually, outpacing the Indian market's 17.1%. Recent changes include appointing new auditors and amending the Articles of Association during their AGM on August 23, 2024. However, the company received a show cause notice from the GST department for short payment of tax liability in FY2017-18 amounting to ₹8.91 million but stated it would not materially impact operations or finances.
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:APTUS NSEI:SYRMA and NSEI:TBOTEK.
