The Indian market has shown robust growth, surging 45% over the past year with earnings projected to increase by 16% annually. In such a thriving environment, stocks with high insider ownership can be particularly compelling as they often indicate strong confidence from those closest to the company's operations.
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 within India and internationally, with a market capitalization of approximately ₹640.80 billion.
Operations: The company generates revenue primarily from plumbing and paints and adhesives segments, with figures reported at ₹41.42 billion and ₹14.99 billion respectively.
Insider Ownership: 39.4%
Astral Limited, a growth-oriented company with high insider ownership in India, has demonstrated robust financial performance. Recently, the company reported a year-over-year increase in quarterly sales to INR 16.25 billion and annual sales reaching INR 56.41 billion. Despite a slight dip in net income this quarter to INR 1.82 billion, annual earnings grew significantly to INR 5.46 billion. Astral's earnings are expected to grow by 23% annually, outpacing the broader Indian market's growth rate of 15.9%. Insider transactions have been minimal over the past three months, indicating steady confidence among those closest to the company.
Overview: Info Edge (India) Limited, with a market capitalization of approximately ₹857.75 billion, operates as an online classifieds company in sectors including recruitment, matrimony, real estate, and education both in India and internationally.
Operations: The company generates revenue primarily through recruitment solutions and real estate services, amounting to ₹18.80 billion and ₹3.51 billion respectively.
Insider Ownership: 37.9%
Info Edge (India) Limited, a company with significant insider ownership, has shown promising growth prospects. The firm recently turned profitable with a substantial year-over-year increase in quarterly revenue to INR 8.09 billion and net income of INR 603.89 million, reversing previous losses. Expected earnings growth is forecasted at 24.34% annually, outstripping the broader Indian market's average. However, its Return on Equity is anticipated to remain low at 5.9%, and recent insider activity indicates more selling than buying over the past three months.
Overview: Persistent Systems Limited operates in the provision of software products, services, and technology solutions across India, North America, and various international markets, with a market capitalization of approximately ₹58.38 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) (₹31.39 billion).
Insider Ownership: 34.3%
Persistent Systems, a growth-oriented company with high insider ownership in India, is forecasted to have robust earnings growth at 18.2% annually, slightly outpacing the Indian market average. Despite this positive outlook, its revenue growth projection of 13.3% annually does not meet the high-growth threshold of 20%. The company maintains a solid Return on Equity forecast at 26.3%, indicating efficient management and profitability potential. Recent executive changes and product launches like GenAI Hub highlight ongoing strategic shifts and innovation focus, although these have led to some organizational instability with multiple senior-level resignations.
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:NAUKRI and NSEI:PERSISTENT
