The Indian market has shown robust performance, with a 43% increase over the past year and earnings projected to grow by 16% annually. In such a thriving environment, stocks with high insider ownership can be particularly appealing as they often indicate strong confidence from those who know the company best.
Top 10 Growth Companies With High Insider Ownership In India
Overview: Astral Limited operates in the manufacturing and marketing of pipes, water tanks, and adhesives and sealants both in India and internationally, with a market capitalization of approximately ₹577.19 billion.
Operations: The company generates revenue primarily from two segments: plumbing (₹41.42 billion) and paints and adhesives (₹14.99 billion).
Insider Ownership: 39.4%
Revenue Growth Forecast: 17.5% p.a.
Astral Limited, a notable entity in the Indian market, has shown a robust growth trajectory with its earnings increasing by 19.1% annually over the past five years. Recent financial reports for FY 2024 indicate a continuation of this trend with significant year-over-year increases in sales and revenue. Despite a slight dip in net income and EPS for Q4, annual figures reflect overall positive momentum. Insider activities reveal more buying than selling, although not in substantial volumes, underscoring confidence from those closest to the company's operations. This aligns with forecasts predicting Astral's earnings and revenue to outpace broader market growth rates significantly over the next three years.
Overview: AU Small Finance Bank Limited, operating in India, offers a range of banking and financial services with a market capitalization of approximately ₹472.64 billion.
Operations: The bank generates revenue through three primary segments: Treasury (₹17.04 billion), Retail Banking (₹91.18 billion), and Wholesale Banking (₹11.61 billion).
Insider Ownership: 24.3%
Revenue Growth Forecast: 24.8% p.a.
AU Small Finance Bank, despite recent regulatory penalties totaling INR 5.11 million for various compliance lapses, continues to show promising growth prospects with earnings expected to increase by 23.94% annually. Insider transactions over the past three months indicate a balanced buying and selling activity, reflecting cautious optimism among those closest to the company. The bank's revenue growth forecast at 24.8% per year outpaces the broader Indian market significantly, suggesting robust business expansion ahead despite short-term challenges.
Overview: Persistent Systems Limited operates in providing software products, services, and technology solutions across India, North America, and other global markets, with a market capitalization of approximately ₹54.22 billion.
Operations: The company generates revenue from three primary segments: Healthcare & Life Sciences (₹20.88 billion), Software, Hi-Tech and Emerging Industries (₹45.95 billion), and Banking, Financial Services and Insurance (BFSI) at ₹31.39 billion.
Insider Ownership: 34.3%
Revenue Growth Forecast: 13.2% p.a.
Persistent Systems, a key player in India's tech sector, is poised for robust growth with earnings forecasted to rise by 17.9% annually, outpacing the Indian market's expected 16% growth. Revenue is also set to increase at 13.2% per year, higher than the market average of 9.4%. While there has been no significant insider buying or selling in the past three months, the company maintains a high Return on Equity forecast at 26.2%, indicating efficient management and profitability potential despite recent executive changes and minor regulatory issues abroad that have not materially impacted operations.
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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:ASTRALNSEI:AUBANK NSEI:PERSISTENT and
