Over the last 7 days, the Indian market has risen 1.1%, and it is up 42% over the last 12 months, with earnings forecast to grow by 17% annually. In this thriving environment, companies that combine robust growth prospects with high insider ownership can present compelling opportunities for investors.
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 in India and internationally, with a market cap of ₹42.60 billion.
Operations: The company's revenue segments include ₹1.62 billion from Plywood and Allied Products and ₹14.05 billion from Medium Density Fibre Boards and Allied Products.
Insider Ownership: 13.6%
Earnings Growth Forecast: 25.3% p.a.
Greenpanel Industries demonstrates strong growth potential with revenue forecasted to grow at 14.6% per year, outpacing the Indian market's 10%. Earnings are expected to rise significantly at 25.3% annually over the next three years. Insider ownership remains high, with more shares bought than sold recently, albeit in modest volumes. However, profit margins have declined from 14.4% to 9.1%, and the dividend yield of 0.43% is not well covered by free cash flows.
Overview: HealthCare Global Enterprises Limited, with a market cap of ₹49.45 billion, provides healthcare services focusing on cancer and fertility through its subsidiaries.
Operations: The company generates revenue primarily from setting up and managing hospitals and medical diagnostic services, amounting to ₹19.77 billion.
Insider Ownership: 13.8%
Earnings Growth Forecast: 39.6% p.a.
HealthCare Global Enterprises is positioned for substantial growth, with revenue expected to rise 13.5% annually and earnings projected to grow significantly at 39.6% per year, outpacing the Indian market. Recent earnings reports show strong performance, with Q1 sales increasing from ₹4.60 billion to ₹5.34 billion and net income rising from ₹76.1 million to ₹120.8 million year-over-year. Insider ownership remains high, though interest payments are not well covered by earnings, indicating some financial risk.
Overview: Nazara Technologies Limited operates a gaming and sports media platform in India and internationally, with a market cap of ₹79.77 billion.
Operations: Nazara Technologies Limited generates revenue through its gaming and sports media platform in India and internationally.
Insider Ownership: 19.8%
Earnings Growth Forecast: 24% p.a.
Nazara Technologies shows strong growth potential with earnings forecasted to increase by 24% annually, outpacing the Indian market. Recent Q1 results reported sales of ₹2.50 billion and net income of ₹226.3 million, reflecting year-over-year improvement. Despite some share dilution over the past year, insider ownership remains high. The company is actively seeking acquisitions to bolster its position in the gaming sector, including a recent move to incorporate subsidiaries in the UK and US for strategic expansion.
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.
