Over the past seven days, the Indian market has fallen 1.7% led by a 2.3% decline in the Financial sector. However, over the longer term, earnings are forecast to grow 17% annually, on a 43% rise over the past year. In this context, identifying growth companies with a high degree of insider ownership is extremely important, as it often indicates confidence from the people who know the business best and can offer greater potential for investors looking for long term gains.
Top 10 growing companies with high insider ownership in India
name
Insider Ownership
Revenue Growth
Arkean Chemical Industries (NSEI:ACI)
22.9%
35%
Kirloskar Pneumatics (BSE:505283)
30.6%
30.1%
Dixon Technologies (India) (NSEI:DIXON)
24.6%
35.7%
Jupiter Wagons (NSEI:JWL)
10.8%
27.2%
Happiest Minds Technologies (NSEI:HAPPSTMNDS)
31.9%
20.7%
Paisaro Digital (BSE:532900)
16.3%
24.8%
JNK India (NSEI:JNKINDIA)
twenty one%
31.8%
Rajaratan Global Wire (BSE:517522)
19.8%
35.8%
Aether Industries (NSEI:AETHER)
31.1%
43.6%
Pricol (NSEI:PRICOLLTD)
25.5%
twenty four%
To see the full list of 92 stocks from our Fastest Growing Indian Companies Screener with High Insider Ownership click here.
Let's take a look at some of the best picks from our screener tool.
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Greenlam Industries Limited manufactures and sells laminates, decorative veneers and related products in India and overseas and has a market capitalisation of INR 73.72 billion.
Business: The company's revenue segments include Rs 21.02 billion from laminates and allied products, Rs 2.09 billion from veneer and allied products, and Rs 847.7 million from plywood and allied products.
Insider Ownership: 24.6%
Revenue growth forecast: 34% annually
Greenram Industries shows strong growth potential with revenue expected to grow at 34% per year, well above the Indian market's 16.8%. Revenue is forecast to grow 19.2% per year, also above the market average. Although the dividend yield is low at 0.29%, recent financials show solid revenue growth from INR 5,152.4 million to INR 6,047.1 million in Q1FY25. However, net profit fell from INR 331 million to INR 202.7 million in the same period.
NSEI:GREENLAM Ownership Breakdown (as of August 2024)
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Hindware Home Innovation Limited is engaged in manufacturing, selling and trading of building products, home appliances and retail business in India with a market capitalisation of INR 30.15 billion.
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Business Description: Hindware Home Innovation Limited derives its revenue from building products, home appliances and retail business in India.
Insider Ownership: 15%
Revenue growth forecast: 86% annualized
Hindware Home Innovation's revenue is expected to grow at a robust 86% annually, outpacing the Indian market. Revenue growth is forecast at 12.7% annually, above the market average of 9.9%. Despite this, recent financials show a net loss of Rs 40.1 million in Q1FY25 compared to a net profit of Rs 2.7 million a year ago, with profit margins declining from last year. The stock is trading at a discount relative to its peers and industry norms.
NSEI:HINDWAREAP Revenue and Sales Growth (As of August 2024)
Simply Wall St Growth Rating: ★★★★★☆
Overview: HPL Electric & Power Limited manufactures and sells HPL branded electrical equipment in India and has a market capitalization of INR 38.11 billion.
Business: The company's revenue segments include Measurement, Systems and Services which generate Rs 9.15 billion and Consumer, Industrial and Services which generate Rs 6.18 billion.
Insider Ownership: 22.7%
Revenue growth forecast: 44.8% annualized
HPL Electric & Power is expected to see revenue and profit grow 23.5% and 44.8% annually, respectively, above the Indian market average. Despite recent fluctuations in its share price, the company has delivered strong performance in the first quarter of fiscal 2025, with net profit rising to INR 170.23 million from INR 69.25 million a year ago. Additionally, HPL has secured a large order of over INR 21 billion for smart meters and has a manufacturing partnership with Guangxi Ramway Technology Co., Ltd., pointing to strong future prospects.
NSEI:HPL Revenue and Sales Growth (As of August 2024)
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This article by Simply Wall St is of general nature. We provide commentary based on historical data and analyst forecasts using only unbiased methodology, and our articles are not intended as financial advice. This is not a recommendation to buy or sell stocks, and does not take into account your objectives or financial situation. We aim to provide long-term analysis driven by fundamental data. Please note that our analysis may not take into account the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any of the stocks mentioned. This analysis only considers shares directly held by insiders. It does not include shares indirectly held through other means such as corporations or trust companies. All forecast revenue and profit growth rates quoted are expressed as 1-3 year annualized growth rates.
Companies featured in this article include NSEI:GREENLAM, NSEI:HINDWAREAP and NSEI:HPL.
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