Exploring Three Indian Exchange Growth Companies With High Insider Ownership

The Indian market has shown robust performance, gaining 2.7% recently and climbing 44% over the last year, with earnings forecasted to grow by 16% annually. In such a thriving environment, stocks with high insider ownership can be particularly appealing as they often indicate strong confidence from those who know the company best.

Top 10 Growth Companies With High Insider Ownership In India

Name	Insider Ownership	Earnings Growth
Archean Chemical Industries (NSEI:ACI)	22.9%	28.1%
Pitti Engineering (BSE:513519)	33.6%	28.0%
Rajratan Global Wire (BSE:517522)	19.8%	33.5%
Dixon Technologies (India) (NSEI:DIXON)	24.9%	28.6%
Happiest Minds Technologies (NSEI:HAPPSTMNDS)	38%	22.9%
Jupiter Wagons (NSEI:JWL)	11.1%	27.2%
Paisalo Digital (BSE:532900)	16.3%	23.8%
Kirloskar Pneumatic (BSE:505283)	30.6%	27.7%
Apollo Hospitals Enterprise (NSEI:APOLLOHOSP)	10.4%	33.1%
Aether Industries (NSEI:AETHER)	31.1%	39.8%

Click here to see the full list of 81 stocks from our Fast Growing Indian Companies With High Insider Ownership screener.

Let's uncover some gems from our specialized screener.

Happiest Minds Technologies

Simply Wall St Growth Rating: ★★★★★★

Overview: Happiest Minds Technologies Limited is an IT solutions and services provider operating across multiple regions including India, the US, Canada, the UK, Australia, and more, with a market cap of approximately ₹129.61 billion.

Operations: The company's revenue is primarily generated from three segments: Digital Business Service (₹4.76 billion), Product Engineering Services (₹8.51 billion), and Infrastructure Management & Security Services (₹2.97 billion).

Insider Ownership: 38%

Earnings Growth Forecast: 22.9% p.a.

Happiest Minds Technologies, a company with substantial insider ownership, is poised for robust growth with earnings forecasted to increase by 22.85% annually. Over the past five years, its earnings have surged by 26.4% annually. Recently, Happiest Minds announced a strategic partnership with Solvio to enhance Salesforce implementations globally, potentially boosting operational efficiencies and business growth. However, shareholders experienced some dilution last year and the company's dividend track record remains unstable.

• Dive into the specifics of Happiest Minds Technologies here with our thorough growth forecast report.

• In light of our recent valuation report, it seems possible that Happiest Minds Technologies is trading beyond its estimated value.

NSEI:HAPPSTMNDS Earnings and Revenue Growth as at Jun 2024

Honasa Consumer

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Honasa Consumer Limited is a digital-first beauty and personal care company based in India with a market capitalization of ₹142.18 billion.

Operations: The company generates ₹19.20 billion in revenue from the trading of a variety of beauty and personal care products and related services.

Insider Ownership: 36.5%

Earnings Growth Forecast: 35.1% p.a.

Honasa Consumer Limited, characterized by high insider ownership, has demonstrated a significant turnaround with its latest earnings report showing a transition from a substantial loss to a profit. The company's revenue and net income for Q4 2024 have shown impressive growth. Despite recent legal challenges in Dubai and minor regulatory issues in India, these are not expected to impact the financials materially. Honasa's strategic initiatives, including new product launches and international collaborations, align with its growth trajectory in the competitive Indian market.

• Click here and access our complete growth analysis report to understand the dynamics of Honasa Consumer.

• Our comprehensive valuation report raises the possibility that Honasa Consumer is priced higher than what may be justified by its financials.

NSEI:HONASA Ownership Breakdown as at Jun 2024

Quess

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Quess Corp Limited is a business services provider operating in India, South East Asia, the Middle East, and North America with a market capitalization of approximately ₹87.03 billion.

Operations: The company generates revenue through three main segments: Workforce Management (₹134.42 billion), Operating Asset Management (₹28.01 billion), and Global Technology Solutions excluding Product Led Business (₹23.40 billion).

Insider Ownership: 15.9%

Earnings Growth Forecast: 27.6% p.a.

Quess Corp Limited, with notable insider activity, reported a substantial increase in both quarterly and annual earnings for the fiscal year ending March 2024. The company's revenue and net income have grown significantly, with recent acquisitions poised to further enhance its market position. Despite this growth, Quess faces challenges such as a volatile dividend track record and a forecasted low return on equity in three years. However, insider buying trends and robust earnings growth highlight its potential as a growth-oriented firm with high insider ownership in India.

• Click to explore a detailed breakdown of our findings in Quess' earnings growth report.

• The analysis detailed in our Quess valuation report hints at an inflated share price compared to its estimated value.

NSEI:QUESS Earnings and Revenue Growth as at Jun 2024

Where To Now?

• Take a closer look at our Fast Growing Indian Companies With High Insider Ownership list of 81 companies by clicking here.

• Are you invested in these stocks already? Keep abreast of every twist and turn by setting up a portfolio with Simply Wall St, where we make it simple for investors like you to stay informed and proactive.

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Seeking Other Investments?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.

• Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence.

• 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:HAPPSTMNDS NSEI:HONASA and NSEI:QUESS.

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