Samvardhana Motherson International Management

Management criteria checks 4/4

Samvardhana Motherson International's CEO is Pankaj Mital, appointed in Jan 2005, has a tenure of 19.25 years. total yearly compensation is ₹38.77M, comprised of 69.4% salary and 30.6% bonuses, including company stock and options. directly owns 0.012% of the company’s shares, worth ₹101.93M. The average tenure of the management team and the board of directors is 6.5 years and 8.5 years respectively.

Key information

Pankaj Mital

Chief executive officer

₹38.8m

Total compensation

CEO salary percentage	69.4%
CEO tenure	19.3yrs
CEO ownership	0.01%
Management average tenure	6.5yrs
Board average tenure	8.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Pankaj Mital's remuneration changed compared to Samvardhana Motherson International's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	₹20b
Sep 30 2023	n/a	n/a	₹19b
Jun 30 2023	n/a	n/a	₹20b
Mar 31 2023	₹39m	₹27m	₹15b
Dec 31 2022	n/a	n/a	₹10b
Sep 30 2022	n/a	n/a	₹6b
Jun 30 2022	n/a	n/a	₹4b
Mar 31 2022	₹33m	₹23m	₹5b
Dec 31 2021	n/a	n/a	₹9b
Sep 30 2021	n/a	n/a	₹15b
Jun 30 2021	n/a	n/a	₹17b
Mar 31 2021	₹29m	₹20m	₹7b
Dec 31 2020	n/a	n/a	₹6b
Sep 30 2020	n/a	n/a	₹1b
Jun 30 2020	n/a	n/a	₹281m
Mar 31 2020	₹28m	₹19m	₹8b
Dec 31 2019	n/a	n/a	₹14b
Sep 30 2019	n/a	n/a	₹15b
Jun 30 2019	n/a	n/a	₹15b
Mar 31 2019	₹26m	₹18m	₹16b
Dec 31 2018	n/a	n/a	₹17b
Sep 30 2018	n/a	n/a	₹17b
Jun 30 2018	n/a	n/a	₹18b
Mar 31 2018	₹23m	₹16m	₹16b

Compensation vs Market: Pankaj's total compensation ($USD465.07K) is below average for companies of similar size in the Indian market ($USD946.25K).

Compensation vs Earnings: Pankaj's compensation has been consistent with company performance over the past year.

CEO

Pankaj Mital (57 yo)

19.3yrs

Tenure

₹38,768,371

Compensation

Mr. Pankaj K. Mital has been Chief Executive Officer and Member of Executive Board at PKC Group Oyj since October 31, 2017. Mr. Mital has been Chief Operating Officer of Motherson Sumi Systems Ltd. since J...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Pankaj Mital	COO & Whole-Time Director	19.3yrs	₹38.77m	0.012% ₹ 101.9m
Kunal Malani	President & CFO	2.3yrs	no data	no data
Alok Goel	Company Secretary	6.5yrs	₹8.72m	no data
Rakesh Satwah	Managing Director of Kyungshin Industrial Motherson Limited (KIML)	no data	no data	no data

6.5yrs

Average Tenure

51yo

Average Age

Experienced Management: 517334's management team is seasoned and experienced (6.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Pankaj Mital	COO & Whole-Time Director	12.6yrs	₹38.77m	0.012% ₹ 101.9m
Robert Remenar	Independent Director	2.3yrs	₹5.60m	no data
Veli Ruotsala	Independent Director	2.3yrs	₹6.09m	no data
Vivek Sehgal	Chairman	37.3yrs	no data	12.98% ₹ 112.4b
Naveen Ganzu	Independent Director	8.5yrs	₹6.06m	0.0047% ₹ 40.6m
Laksh Sehgal	Non-Executive Director	15yrs	no data	0.000030% ₹ 259.8k
Rekha Sethi	Independent Director	2.7yrs	₹6.18m	no data

8.5yrs

Average Tenure

61yo

Average Age

Experienced Board: 517334's board of directors are considered experienced (8.5 years average tenure).

Samvardhana Motherson International Management

Management criteria checks 4/4

Key information

Recent management updates

Samvardhana Motherson International Limited Announces Cessation of Gautam Mukherjee as an Independent Director

Samvardhana Motherson International Limited Announces Resignation of Norikatsu Ishida from Directorship

Samvardhana Motherson International Limited, Annual General Meeting, Aug 28, 2023

Samvardhana Motherson International Limited Announces Resignation of Mr. Shunichiro Nishimura as Directors

Samvardhana Motherson International Limited, Annual General Meeting, Aug 29, 2022

Less than half of directors are independent

Recent updates

Samvardhana Motherson International Limited to Report Q4, 2024 Results on May 29, 2024

Samvardhana Motherson International Limited Announces Cessation of Gautam Mukherjee as an Independent Director

Samvardhana Motherson International Limited Announces Resignation of Norikatsu Ishida from Directorship

Price target increased by 7.7% to ₹125

Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Samvardhana Motherson International Limited to Report Q3, 2024 Results on Feb 12, 2024

Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Samvardhana Motherson International Limited to Report Q2, 2024 Results on Nov 09, 2023

Samvardhana Motherson International Limited Approves Final Dividend for the Financial Year Ended March 31, 2023

Price target increased by 7.3% to ₹110

First quarter 2024 earnings: EPS misses analyst expectations

Upcoming dividend of ₹0.65 per share at 0.7% yield

Samvardhana Motherson International Limited (BSE:517334) Completed the acquisition of Rollon Hydraulics Private Limited.

Samvardhana Motherson International Limited, Annual General Meeting, Aug 28, 2023

Samvardhana Motherson International Limited Announces Resignation of Mr. Shunichiro Nishimura as Directors

Samvardhana Motherson International Limited to Report Q1, 2024 Results on Aug 10, 2023

Samvardhana Motherson International Limited (BSE:517334) completed the acquisition of 51% stake in Saddles International Automotive &Aviation Interiors Private Limited.

Samvardhana Motherson International Limited (BSE:517334) entered into an agreement to acquire Rollon Hydraulics Private Limited for INR 1.03 billion.

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Samvardhana Motherson International Limited Recommends Dividend for the Financial Year Ended March 31, 2023

Investor sentiment deteriorates as stock falls 17%

Samvardhana Motherson International Limited (BSE:517334) agreed to acquire “SAS” Cockpit Modules division from Faurecia S.E. (ENXTPA:EO).

Third quarter 2023 earnings released: EPS: ₹0.67 (vs ₹0.20 in 3Q 2022)

Samvardhana Motherson International Limited (BSE:517334) agreed to acquire 51% stake in Saddles International Automotive &Aviation Interiors Private Limited for INR 2.1 billion.

Samvardhana Motherson International Limited to Report Q3, 2023 Results on Feb 08, 2023

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Second quarter 2023 earnings: Revenues exceed analyst expectations

Samvardhana Motherson International Limited to Report Q2, 2023 Results on Nov 10, 2022

Now 24% undervalued after recent price drop

Price target decreased to ₹65.67

Now 23% undervalued after recent price drop

Samvardhana Motherson International Limited (BSE:517334) signed a strategic agreement to acquire Frame manufacturing and assembly operations facilities of Daimler India Commercial Vehicles Pvt. Ltd.

Price target decreased to ₹147

Samvardhana Motherson International Limited Approves Final Dividend for the Financial Year Ended March 31, 2022

Consensus forecasts updated

Full year 2022 earnings: EPS and revenues miss analyst expectations

Samvardhana Motherson International Limited, Annual General Meeting, Aug 29, 2022

Samvardhana Motherson International Limited to Report Q1, 2023 Results on Aug 08, 2022

Consensus EPS estimates fall by 35%

Full year 2022 earnings: EPS and revenues miss analyst expectations

Price target decreased to ₹186

Motherson Sumi Systems Limited to Report Q4, 2022 Results on May 26, 2022

Motherson Reportedly Closes in on Acquiring Marelli

Motherson Sumi Systems Limited (BSE:517334) completed the acquisition of 55% stake in CIM Tools Private Limited.

Motherson Sumi Systems Limited (BSE:517334) completed the acquisition of 55% stake in CIM Tools Private Limited.

Investor sentiment deteriorated over the past week

Consensus EPS estimates fall by 28%

Price target decreased to ₹225

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Less than half of directors are independent

Motherson Sumi Systems Limited Announces Management Changes

Consensus EPS estimates fall by 10%

Motherson Sumi Systems Limited (BSE:517334) completed the acquisition of Samvardhana Motherson International Limited.

Insufficient new directors

Second quarter 2022 earnings released: EPS ₹0.26 (vs ₹0.80 in 2Q 2021)

Consensus EPS estimates fall to ₹7.12

First quarter 2022 earnings released: EPS ₹0.67 (vs ₹2.57 loss in 1Q 2021)

Full year 2021 earnings released: EPS ₹3.29 (vs ₹3.71 in FY 2020)

Price target increased to ₹252

Motherson Sumi Systems Limited Recommends Dividend for the Financial Year Ended March 31, 2021

Lead Independent Director has left the company

Motherson Sumi Systems Limited (BSE:517334) acquired Samvardhana Motherson International Limited.

New 90-day high: ₹232

Analysts increase EPS estimates to ₹3.20

Price target raised to ₹178

Third quarter 2021 earnings released: EPS ₹2.09 (vs ₹0.86 in 3Q 2020)

Revenue and earnings beat expectations

New 90-day high: ₹174

Motherson Sumi Systems Limited to Report Q3, 2021 Results on Feb 12, 2021