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August 2024's Top Indian Growth Companies With High Insider Ownership

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The Indian market has climbed 1.7% in the last 7 days, with a gain of 2.0%, and over the past year, it has surged by 46%. In this robust environment, identifying growth companies with high insider ownership can be particularly promising as these firms often demonstrate strong internal confidence and potential for sustained earnings growth, forecasted at 17% annually.

Top 10 Growth Companies With High Insider Ownership In India

Name

Insider Ownership

Earnings Growth

Kirloskar Pneumatic (BSE:505283)

30.4%

30.1%

Archean Chemical Industries (NSEI:ACI)

22.9%

35%

Happiest Minds Technologies (NSEI:HAPPSTMNDS)

32.5%

21.8%

Dixon Technologies (India) (NSEI:DIXON)

24.6%

36.6%

Jupiter Wagons (NSEI:JWL)

10.8%

27.2%

Paisalo Digital (BSE:532900)

16.3%

24.8%

Apollo Hospitals Enterprise (NSEI:APOLLOHOSP)

10.4%

32.3%

KEI Industries (BSE:517569)

19.1%

22.4%

Pricol (NSEI:PRICOLLTD)

25.5%

24%

Aether Industries (NSEI:AETHER)

31.1%

45.9%

Click here to see the full list of 92 stocks from our Fast Growing Indian Companies With High Insider Ownership screener.

Let's explore several standout options from the results in the screener.

Dixon Technologies (India)

Simply Wall St Growth Rating: ★★★★★★

Overview: Dixon Technologies (India) Limited provides electronic manufacturing services in India and has a market cap of ₹791.49 billion.

Operations: The company's revenue segments include Home Appliances (₹12.51 billion), Lighting Products (₹7.92 billion), Mobile & EMS Division (₹143.16 billion), and Consumer Electronics & Appliances (₹41.21 billion).

Insider Ownership: 24.6%

Dixon Technologies (India) has demonstrated strong growth, with earnings increasing by 55.3% over the past year and forecasted annual profit growth of 36.6%, outpacing the Indian market's 17%. Revenue is expected to grow at 23.6% per year, surpassing market expectations. Recent management changes include appointing Sunil Ranjhan as Chief Human Resource Officer, bringing extensive HR experience from leading companies like LG Electronics and Maruti Suzuki.

NSEI:DIXON Ownership Breakdown as at Aug 2024
NSEI:DIXON Ownership Breakdown as at Aug 2024

Godrej Consumer Products

Simply Wall St Growth Rating: ★★★★☆☆

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 ₹1.49 trillion.

Operations: The company's revenue from manufacturing personal, household, and hair care products amounts to ₹139.79 billion.