Three High Growth Indian Stocks With Significant Insider Ownership

In This Article:

The Indian market has gained 2.8% recently and climbed 48% over the past year, with earnings forecast to grow by 16% annually. In this thriving environment, stocks with high insider ownership often signal strong confidence from those closest to the company's operations, making them particularly attractive for growth-focused investors.

Top 10 Growth Companies With High Insider Ownership In India

Name

Insider Ownership

Earnings Growth

Kirloskar Pneumatic (BSE:505283)

30.6%

30.1%

Archean Chemical Industries (NSEI:ACI)

22.9%

29.0%

Happiest Minds Technologies (NSEI:HAPPSTMNDS)

31.9%

20.7%

Dixon Technologies (India) (NSEI:DIXON)

24.6%

35.9%

Jupiter Wagons (NSEI:JWL)

10.8%

27.2%

Shivalik Bimetal Controls (BSE:513097)

19.5%

28.7%

Paisalo Digital (BSE:532900)

16.3%

23.8%

JNK India (NSEI:JNKINDIA)

20.9%

31.8%

Rajratan Global Wire (BSE:517522)

19.8%

36%

Apollo Hospitals Enterprise (NSEI:APOLLOHOSP)

10.4%

33%

Click here to see the full list of 89 stocks from our Fast Growing Indian Companies With High Insider Ownership screener.

Let's take a closer look at a couple of our picks from the screened companies.

Five-Star Business Finance

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Five-Star Business Finance Limited operates as a non-banking financial company in India with a market cap of ₹223.56 billion.

Operations: Five-Star Business Finance Limited generates revenue primarily from MSME Loans, Housing Loans, and Property Loans amounting to ₹17.79 billion.

Insider Ownership: 19.7%

Five-Star Business Finance Limited demonstrates strong growth potential with revenue forecasted to grow at 23% per year, outpacing the Indian market's 9.7%. Recent earnings results show significant improvement, with Q1 revenue rising to ₹6.69 billion and net income increasing to ₹2.52 billion. The company's P/E ratio of 24.7x is attractive compared to the market average of 34.9x, making it a compelling option among growth companies with high insider ownership in India despite its low forecasted ROE of 19.6%.

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

Suryoday Small Finance Bank

Simply Wall St Growth Rating: ★★★★★☆

Overview: Suryoday Small Finance Bank Limited operates as a small finance bank in India, focusing on financial inclusion for the unserved and underserved, with a market cap of ₹20.96 billion.

Operations: The company's revenue segments include Treasury at ₹2.07 billion, Corporate at ₹1.00 billion, Retail Banking at ₹17.05 billion, and Other Banking Operations at ₹317.30 million.