Over the last 7 days, the Indian market has dropped 4.7%, but it remains up 39% over the past year, with earnings expected to grow by 17% annually in the coming years. In this environment, growth companies with high insider ownership can be particularly attractive as they often signal strong confidence from those closest to the business and potential for sustained performance.
Top 10 Growth Companies With High Insider Ownership In India
Overview: Apollo Hospitals Enterprise Limited, along with its subsidiaries, offers healthcare services in India and internationally, with a market cap of ₹966.28 billion.
Operations: Apollo Hospitals Enterprise Limited generates revenue from three primary segments: Healthcare Services (₹99.39 billion), Retail Health & Diagnostics (₹13.64 billion), and Digital Health & Pharmacy Distribution (₹78.27 billion).
Insider Ownership: 10.4%
Earnings Growth Forecast: 33% p.a.
Apollo Hospitals Enterprise is forecast to achieve significant earnings growth of 33% per year, outpacing the Indian market's 16.7%. Revenue is also expected to grow at 15.8% annually, faster than the market's 9.9%. The company has demonstrated strong historical performance with a 25% annual earnings growth over the past five years and high insider ownership. Recent news includes potential M&A activity involving Jaypee Healthcare and a recommended dividend increase for FY2023-24.
Overview: Godrej Consumer Products Limited is a fast-moving consumer goods company that manufactures and markets personal care and home care products in India, Africa, Indonesia, the Middle East, the United States of America, and internationally with a market cap of ₹1.54 trillion.
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: 59.6% p.a.
Godrej Consumer Products demonstrates robust growth potential with forecasted annual earnings growth of 59.64%, despite revenue growing slower than the Indian market at 9.4%. The company recently announced a significant diversification into the pet care industry, investing ₹5 billion over five years. High insider ownership aligns management interests with shareholders. Recent executive changes include appointing Tejal Jariwala as Company Secretary and an interim dividend declaration of ₹5 per share for FY2024-25.
Overview: One97 Communications Limited offers payment, commerce and cloud, and financial services to consumers and merchants in India, with a market cap of ₹310.62 billion.
Operations: The company's revenue segments include ₹91.38 billion from data processing.
Insider Ownership: 20.7%
Earnings Growth Forecast: 65.5% p.a.
One97 Communications, despite recent financial setbacks with a net loss of ₹8.39 billion for Q1 2024 and declining revenues, remains a significant growth company due to its high insider ownership. The strategic partnership with FlixBus aims to expand Paytm's travel services, potentially driving future growth. Regulatory penalties and ongoing M&A discussions reflect the company's dynamic business environment. The launch of 'Paytm Health Saathi' underscores its commitment to supporting merchant partners, enhancing resilience and business continuity.
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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:PAYTM.
