Unveiling Three Indian Growth Companies With High Insider Ownership

In the past year, India's market has shown remarkable growth with a 45% increase, despite a flat performance over the last seven days. Companies with high insider ownership often signal strong confidence in the business’s prospects, particularly appealing in a market where earnings are expected to grow by 16% annually.

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%
Shivalik Bimetal Controls (BSE:513097)	19.5%	28.7%
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%

Click here to see the full list of 84 stocks from our Fast Growing Indian Companies With High Insider Ownership screener.

Here's a peek at a few of the choices from the screener.

Astral

Simply Wall St Growth Rating: ★★★★★☆

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 ₹649.47 billion.

Operations: The company generates ₹41.42 billion from plumbing and ₹14.99 billion from paints and adhesives.

Insider Ownership: 39.4%

Revenue Growth Forecast: 17.4% p.a.

Astral Limited, a growth-oriented company with high insider ownership in India, has demonstrated robust financial performance. Over the past five years, earnings have increased by 19.1% annually. Despite recent quarters showing a slight dip in net income and EPS from INR 2,057 million and INR 7.66 to INR 1,816 million and INR 6.76 respectively, the company's revenue growth remains strong at an expected 17.4% per year—outpacing the Indian market forecast of 9.6%. Additionally, Astral's earnings are projected to grow by an impressive 23% annually over the next three years with a forecasted return on equity of approximately 22.7%, indicating efficient management and promising profitability ahead.

• Get an in-depth perspective on Astral's performance by reading our analyst estimates report here.

• According our valuation report, there's an indication that Astral's share price might be on the expensive side.

NSEI:ASTRAL Earnings and Revenue Growth as at Jun 2024

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, both in India and internationally, with a market capitalization of approximately ₹868.72 billion.

Operations: The company generates revenue primarily through Recruitment Solutions (₹18.80 billion) and 99acres for Real Estate (₹3.51 billion).

Insider Ownership: 37.9%

Revenue Growth Forecast: 12.1% p.a.

Info Edge (India) Limited has shown a mixed performance in terms of growth and insider activity. Recently becoming profitable, the company's earnings are expected to increase by 24.34% annually, outpacing the broader Indian market's growth. However, its revenue growth forecast at 12.1% per year falls below the high-growth benchmark of 20%. Insider transactions have been significant, with more selling than buying over the past three months, indicating varied confidence among insiders. Despite this, Info Edge continues to engage actively in industry conferences and has declared an unstable final dividend for FY 2023-2024.

• Take a closer look at Info Edge (India)'s potential here in our earnings growth report.

• Our valuation report unveils the possibility Info Edge (India)'s shares may be trading at a premium.

NSEI:NAUKRI Ownership Breakdown as at Jun 2024

Titagarh Rail Systems

Simply Wall St Growth Rating: ★★★★★☆

Overview: Titagarh Rail Systems Limited, operating both domestically and internationally, specializes in the manufacturing and sales of freight and passenger rail systems with a market capitalization of approximately ₹244.80 billion.

Operations: The company generates revenue from two primary segments: Passenger Rail Systems at ₹4.36 billion and Freight Rail Systems, which also includes shipbuilding, bridges, and defense activities, at ₹34.18 billion.

Insider Ownership: 24.3%

Revenue Growth Forecast: 24.2% p.a.

Titagarh Rail Systems Limited, a participant in India's rail industry, has demonstrated robust growth with its earnings increasing by 107.3% over the past year. Despite some shareholder dilution, revenue is expected to rise at 24.2% annually, significantly outpacing the Indian market forecast of 9.6%. However, insider buying has not been substantial recently. The company inaugurated a new engineering center in Bangalore to enhance innovation in Train Control & Monitoring Systems and Propulsion Systems, aligning with national manufacturing goals.

• Unlock comprehensive insights into our analysis of Titagarh Rail Systems stock in this growth report.

• In light of our recent valuation report, it seems possible that Titagarh Rail Systems is trading beyond its estimated value.

NSEI:TITAGARH Earnings and Revenue Growth as at Jun 2024

Key Takeaways

• Click here to access our complete index of 84 Fast Growing Indian Companies With High Insider Ownership.

• Already own these companies? Link your portfolio to Simply Wall St and get alerts on any new warning signs to your stocks.

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Contemplating Other Strategies?

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• Find companies with promising cash flow potential yet trading below their fair value.

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 NSEI:TITAGARH and

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