Yahoo Finance July 2024 Insight Into Indian Growth Companies With High Insider Ownership
The Indian market has shown robust growth, rising 1.4% over the past week and an impressive 44% over the last year, with earnings expected to grow by 16% annually. In such a thriving environment, stocks with high insider ownership can be particularly compelling 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% | 28.9% |
Pitti Engineering (BSE:513519) | 33.6% | 28.0% |
Rajratan Global Wire (BSE:517522) | 19.8% | 33.5% |
Shivalik Bimetal Controls (BSE:513097) | 19.5% | 28.7% |
Dixon Technologies (India) (NSEI:DIXON) | 24.9% | 33.7% |
Jupiter Wagons (NSEI:JWL) | 11.1% | 27.2% |
Paisalo Digital (BSE:532900) | 16.3% | 23.8% |
JNK India (NSEI:JNKINDIA) | 23.8% | 31.8% |
Kirloskar Pneumatic (BSE:505283) | 30.6% | 27.7% |
Apollo Hospitals Enterprise (NSEI:APOLLOHOSP) | 10.4% | 33.2% |
Let's explore several standout options from the results in the screener.
Five-Star Business Finance
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Five-Star Business Finance Limited, a non-banking financial company in India, has a market capitalization of approximately ₹241.75 billion.
Operations: The company generates revenue primarily through MSME loans, housing loans, and property loans, totaling approximately ₹16.59 billion.
Insider Ownership: 19.7%
Revenue Growth Forecast: 21.7% p.a.
Five-Star Business Finance, a company with high insider ownership in India, recently reported robust annual earnings with a significant increase in both revenue and net income for the year ended March 31, 2024. Despite recent resignations from its board, the company's financial performance remains strong with revenues and earnings growing faster than market expectations. However, concerns about debt coverage and low forecasted return on equity suggest caution. The firm's P/E ratio remains attractive compared to the broader Indian market.
Persistent Systems
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Persistent Systems Limited is a global company engaged in providing software products, services, and technology solutions, with a market capitalization of approximately ₹674.77 billion.
Operations: The company generates its revenue from three primary segments: Healthcare & Life Sciences (₹20.88 billion), Software, Hi-Tech and Emerging Industries (₹45.95 billion), and Banking, Financial Services and Insurance (BFSI) at ₹31.39 billion.
Insider Ownership: 34.3%
Revenue Growth Forecast: 13.4% p.a.
Persistent Systems, a growth-oriented company with high insider ownership in India, is experiencing solid earnings and revenue growth. Its earnings grew by 18.7% last year and are projected to increase at an annual rate of 18.27%, outpacing the Indian market average. Despite this, its revenue growth forecast of 13.4% per year does not meet the high-growth threshold of 20%. The company maintains a healthy forecasted Return on Equity at 26.3%, indicating efficient use of shareholder funds. Recent executive resignations and the launch of innovative platforms like GenAI Hub highlight significant activity within the firm, suggesting both opportunities and challenges in maintaining its growth trajectory.
Our valuation report unveils the possibility Persistent Systems' shares may be trading at a premium.
Triveni Engineering & Industries
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Triveni Engineering & Industries Limited operates in the sugar and engineering sectors both in India and globally, with a market capitalization of approximately ₹85.80 billion.
Operations: Triveni Engineering & Industries' revenue is primarily derived from its Sugar and Allied Business, with the Sugar (including Co-Generation) segment generating ₹38.58 billion and the Distillery segment contributing ₹22.05 billion, alongside revenues from its Engineering Businesses in Water and Power Transmission amounting to ₹2.46 billion and ₹2.92 billion respectively.
Insider Ownership: 29.1%
Revenue Growth Forecast: 11.2% p.a.
Triveni Engineering & Industries, a company with high insider ownership in India, is navigating a challenging phase with declining net profit margins from 31.9% to 7.6% year-over-year and a recent dividend cut. However, it's trading at an attractive price-to-earnings ratio of 21.7x, below the Indian market average of 33.5x, and is expected to grow earnings by 21.6% annually—faster than the market forecast of 15.8%. Recent strategic moves include considering acquisitions to bolster its market position despite facing regulatory penalties and lower recent earnings figures.
Summing It All Up
Investigate our full lineup of 83 Fast Growing Indian Companies With High Insider Ownership right here.
Already own these companies? Bring clarity to your investment decisions by linking up your portfolio with Simply Wall St, where you can monitor all the vital signs of your stocks effortlessly.
Unlock the power of informed investing with Simply Wall St, your free guide to navigating stock markets worldwide.
Ready To Venture Into Other Investment Styles?
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:FIVESTAR NSEI:PERSISTENTNSEI:TRIVENI and
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
