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Over the last week, the Indian market has remained stable, while showing a robust increase of 45% over the past year with earnings expected to grow by 16% annually. In such a thriving environment, companies with high insider ownership can be particularly intriguing as these insiders often have a vested interest in driving long-term success.
Top 10 Growth Companies With High Insider Ownership In India
Name | Insider Ownership | Earnings Growth |
Archean Chemical Industries (NSEI:ACI) | 22.9% | 28.9% |
Pitti Engineering (BSE:513519) | 33.6% | 28.0% |
Rajratan Global Wire (BSE:517522) | 19.8% | 33.5% |
Dixon Technologies (India) (NSEI:DIXON) | 24.9% | 33.5% |
Happiest Minds Technologies (NSEI:HAPPSTMNDS) | 37.8% | 22.7% |
Jupiter Wagons (NSEI:JWL) | 11.1% | 27.2% |
Paisalo Digital (BSE:532900) | 16.3% | 23.8% |
JNK India (NSEI:JNKINDIA) | 23.8% | 31.8% |
Chalet Hotels (NSEI:CHALET) | 13.1% | 27.6% |
Pricol (NSEI:PRICOLLTD) | 25.5% | 26.9% |
Let's take a closer look at a couple of our picks from the screened companies.
Astral
Simply Wall St Growth Rating: ★★★★★☆
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 ₹640.80 billion.
Operations: The company generates revenue primarily from plumbing (₹41.42 billion) and paints and adhesives (₹14.99 billion).
Insider Ownership: 39.4%
Astral Limited, a growth company in India with high insider ownership, is expected to see its revenue grow by 17.4% annually, outpacing the Indian market's 9.6%. Earnings are also set to rise significantly at 23% per year, exceeding the market's 15.9%. Despite this robust growth forecast and a high predicted return on equity of 22.7%, recent insider activity has been minimal with more shares bought than sold but not in substantial volumes. Recent financial reports show a steady increase in sales and net income for both the quarter and full year ending March 2024, although earnings per share have seen some fluctuation.
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Delve into the full analysis future growth report here for a deeper understanding of Astral.
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Our expertly prepared valuation report Astral implies its share price may be too high.
Info Edge (India)
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Info Edge (India) Limited is an online classifieds company engaged in recruitment, matrimony, real estate, and education services, with a market capitalization of approximately ₹857.75 billion.
Operations: The company generates revenue primarily through recruitment solutions (₹18.80 billion) and real estate classifieds (₹3.51 billion).