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Indian Exchange Highlights Three Growth Companies With High Insider Ownership

The Indian stock market has shown robust performance, with a 2.0% increase over the last week and an impressive 46% rise over the past year. In this thriving market environment, companies with high insider ownership can be particularly appealing, as they often signal strong confidence in the company's future from those who know it best.

Top 10 Growth Companies With High Insider Ownership In India

Name

Insider Ownership

Earnings Growth

Archean Chemical Industries (NSEI:ACI)

22.9%

28.9%

Kirloskar Pneumatic (BSE:505283)

30.6%

29.8%

Pitti Engineering (BSE:513519)

33.6%

28.0%

Shivalik Bimetal Controls (BSE:513097)

19.5%

28.7%

Jupiter Wagons (NSEI:JWL)

11.1%

27.2%

Rajratan Global Wire (BSE:517522)

19.8%

33.5%

Dixon Technologies (India) (NSEI:DIXON)

24.9%

34.1%

Paisalo Digital (BSE:532900)

16.3%

23.8%

JNK India (NSEI:JNKINDIA)

23.8%

31.8%

Apollo Hospitals Enterprise (NSEI:APOLLOHOSP)

10.4%

33.2%

Click here to see the full list of 83 stocks from our Fast Growing Indian Companies With High Insider Ownership screener.

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

Apollo Hospitals Enterprise

Simply Wall St Growth Rating: ★★★★★☆

Overview: Apollo Hospitals Enterprise Limited operates a healthcare service network in India and abroad, with a market capitalization of approximately ₹916.73 billion.

Operations: The company generates ₹99.39 billion from Healthcare Services, ₹13.64 billion from Retail Health & Diagnostics, and ₹78.27 billion from Digital Health & Pharmacy Distribution.

Insider Ownership: 10.4%

Revenue Growth Forecast: 15.9% p.a.

Apollo Hospitals Enterprise, a key player in India's healthcare sector, demonstrates robust growth prospects with significant insider ownership. Recently interested in acquiring Jaypee Healthcare to expand its operations, Apollo reported a substantial increase in annual revenue to INR 191.66 billion and net income to INR 8.99 billion for FY2024. Despite slower than industry-average revenue growth forecasts (15.9% per year), earnings are expected to surge by 33.2% annually over the next three years, underscoring strong profitability and strategic expansion initiatives like the potential stake sale in its digital arm, Apollo 24/7, valued at approximately INR 170 billion.

NSEI:APOLLOHOSP Ownership Breakdown as at Jul 2024
NSEI:APOLLOHOSP Ownership Breakdown as at Jul 2024

Prataap Snacks

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Prataap Snacks Limited is engaged in the snack food business both domestically and internationally, with a market capitalization of approximately ₹21.49 billion.

Operations: The company generates ₹16.18 billion in revenue from its snacks food segment.

Insider Ownership: 17.1%

Revenue Growth Forecast: 10.1% p.a.

Prataap Snacks, a prominent Indian snack food company, has recently seen mixed financial performance with a slight decrease in quarterly sales to INR 3.87 billion but an increase in annual net income to INR 531.23 million. Despite lower than expected revenue growth forecasts (10.1% per year), earnings are projected to grow by 22.2% annually over the next three years, indicating potential for significant profit expansion. High insider ownership aligns management's interests with shareholders, though recent board changes and the introduction of performance-linked pay suggest strategic shifts aimed at bolstering growth and operational efficiency.

NSEI:DIAMONDYD Earnings and Revenue Growth as at Jul 2024
NSEI:DIAMONDYD Earnings and Revenue Growth as at Jul 2024

Metropolis Healthcare

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Metropolis Healthcare Limited operates as a provider of diagnostic services in India with a market capitalization of approximately ₹105.20 billion.

Operations: The company generates revenue primarily through pathology services, totaling approximately ₹12.08 billion.

Insider Ownership: 19%

Revenue Growth Forecast: 11% p.a.

Metropolis Healthcare, a key player in the Indian diagnostic sector, is poised for notable growth with plans to pursue multiple acquisitions aimed at enhancing its geographic reach and service capabilities. Despite a recent dip in net income to ₹1,278.16 million from ₹1,428.83 million year-over-year and an unstable dividend track record, the company's revenue grew to ₹12.17 billion, up from ₹11.53 billion last year. The firm's strategic focus on acquiring underperforming brick-and-mortar firms could leverage its strong management and brand recognition for turnaround success, aligning with its high insider ownership that ensures commitment to long-term value creation.

NSEI:METROPOLIS Ownership Breakdown as at Jul 2024
NSEI:METROPOLIS Ownership Breakdown as at Jul 2024

Seize The Opportunity

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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:APOLLOHOSP NSEI:DIAMONDYD and NSEI:METROPOLIS.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com