TVS Motor Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

K. Radhakrishnan

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	18.1yrs
CEO ownership	n/a
Management average tenure	8.1yrs
Board average tenure	9.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has K. Radhakrishnan's remuneration changed compared to TVS Motor's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	₹16b
Sep 30 2023	n/a	n/a	₹15b
Jun 30 2023	n/a	n/a	₹15b
Mar 31 2023	n/a	n/a	₹13b
Dec 31 2022	n/a	n/a	₹13b
Sep 30 2022	n/a	n/a	₹12b
Jun 30 2022	n/a	n/a	₹11b
Mar 31 2022	n/a	n/a	₹8b
Dec 31 2021	n/a	n/a	₹8b
Sep 30 2021	n/a	n/a	₹8b
Jun 30 2021	n/a	n/a	₹8b
Mar 31 2021	₹82m	₹38m	₹6b
Dec 31 2020	n/a	n/a	₹4b
Sep 30 2020	n/a	n/a	₹2b
Jun 30 2020	n/a	n/a	₹3b
Mar 31 2020	₹74m	₹43m	₹6b
Dec 31 2019	n/a	n/a	₹7b
Sep 30 2019	n/a	n/a	₹7b
Jun 30 2019	n/a	n/a	₹7b
Mar 31 2019	₹83m	₹45m	₹7b
Mar 31 2018	₹49m	₹41m	₹7b

Compensation vs Market: Insufficient data to establish whether K.'s total compensation is reasonable compared to companies of similar size in the Indian market.

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

CEO

K. Radhakrishnan (60 yo)

18.1yrs

Tenure

₹82,000,000

Compensation

Mr. K. N. Radhakrishnan, M. Tech. has been the President of TVS Motor Company Limited since April 1, 2006 and serves as its Chief Executive Officer. He serves as Chief Executive Officer and Director at TVS...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
K. Radhakrishnan	President	18.1yrs	₹82.00m	no data
Venu Srinivasan	Chairman Emeritus & MD	no data	₹183.30m	0.0063% ₹ 61.5m
K. Desikan	Group Chief Financial Officer	6.5yrs	₹28.62m	no data
K. Srinivasan	Compliance Officer & Company Secretary	15.3yrs	₹4.60m	no data
Kamlesh Sharma	Global Head of Communications	less than a year	no data	no data
Subramaniam Devarajan	Senior Vice President of Production Engineering	no data	no data	no data
M. Varadarajan	Senior Vice President	no data	₹3.79m	no data
R. Dilip	Senior Vice President of International Business	no data	₹2.97m	no data
Sudarshan Venu	MD & Whole Time Director	9.7yrs	₹151.90m	no data
A. Babu	Chief Medical Officer	no data	₹2.67m	no data
Manu Saxena	BR Head and Vice President of DT & Future Mobility	no data	no data	no data
Vimal Sumbly	Head of Premium Two-wheeler Business	2.1yrs	no data	no data

8.1yrs

Average Tenure

62yo

Average Age

Experienced Management: 532343's management team is seasoned and experienced (8.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
K. Radhakrishnan	President	5.6yrs	₹82.00m	no data
Venu Srinivasan	Chairman Emeritus & MD	21.8yrs	₹183.30m	0.0063% ₹ 61.5m
Sudarshan Venu	MD & Whole Time Director	11.3yrs	₹151.90m	no data
Chittranjan Dua	Independent Non-Executive Director	22.4yrs	₹4.48m	no data
Ralf Speth	Non-Executive Non-Independent Chairman	3.2yrs	₹220.00k	no data
Lakshmi Venu	Non-Executive & Non-Independent Director	9.7yrs	₹220.00k	no data
Deepali Pant Joshi	Additional Non-Executive Independent Director	less than a year	no data	no data
Hemant Singh	Independent Non-Executive Director	11.3yrs	₹3.96m	no data
Meng Xiong Kuok	Non-Executive Independent Director	3.2yrs	₹3.40m	no data
B. Sriram	Director	no data	₹671.00k	no data

9.7yrs

Average Tenure

66yo

Average Age

Experienced Board: 532343's board of directors are considered experienced (9.7 years average tenure).

TVS Motor Management

Management criteria checks 3/4

Key information

Recent management updates

TVS Motor Company Limited Announces Resignation of Kuok Meng Xiong as an Independent Director

TVS Motor Company Limited Announces Resignation of R Gopalan as Independent Director and Cessation as Chairman/ Member of Audit Committee, Corporate Social Responsibility Committee and Administrative Committee

Tvs Motor Appoints Kamlesh Kumar Sharma as Global Head of Communications

Tvs Motor Company Limited Informs That Lalita Dileep Gupte Ceased as an Independent Director and Consequently Ceased as Member of Various Committees

TVS Motor Company Limited Approves the Appointment of Deepali Pant Joshi as an Additional Director and Non-Executive Independent Director

TVS Motor Company Limited, Annual General Meeting, Jul 24, 2023

Recent updates

TVS Motor Company Showcases TVS iQube Electric Scooter at the Makina Motoshow in Philippines

TVS Motor Company Limited Announces Launch of TVS RONIN for its Customers in Colombia

Adarsh Kumar, Saumitra Singh and Sameer Singh acquired 23.5% stake in TagBox Solutions Private Limited from TVS Motor Company Limited (BSE:532343) for INR 0.11 million.

TVS Motor Company Limited Announces Resignation of Kuok Meng Xiong as an Independent Director

Tvs Motor Company Limited Declares Interim Dividend for the Financial Year Ending 31 March 2024

TVS Motor Company Limited Announces Resignation of R Gopalan as Independent Director and Cessation as Chairman/ Member of Audit Committee, Corporate Social Responsibility Committee and Administrative Committee

Price target increased by 7.5% to ₹1,986

Third quarter 2024 earnings released: EPS: ₹10.08 (vs ₹6.33 in 3Q 2023)

TVS Motor Company Limited to Report Q3, 2024 Results on Jan 24, 2024

TVS Motor Company Launches TVS Neo Ami in Africa

Tvs Motor Appoints Kamlesh Kumar Sharma as Global Head of Communications

Second quarter 2024 earnings released: EPS: ₹8.13 (vs ₹8.13 in 2Q 2023)

Tvs Motor Company Limited Informs That Lalita Dileep Gupte Ceased as an Independent Director and Consequently Ceased as Member of Various Committees

TVS Motor Company Launches TVS Jupiter 125 with SmartXonnectTM Technology

TVS Motor Company Limited Approves the Appointment of Deepali Pant Joshi as an Additional Director and Non-Executive Independent Director

TVS Motor Company Unveils the Latest Addition and New to its Iconic Apache Line-Up

Price target increased by 7.2% to ₹1,383

TVS Motor Company Limited Launches its Revolutionary Premium Electric Crossover, TVS X

TVS Motor Company Limited Launches 'Modern-Retro' Motor Company - Tvs Ronin, in Indonesia

Full year 2023 earnings: EPS in line with analyst expectations despite revenue beat

TVS Motor Company Limited to Report Fiscal Year 2024 Results on May 30, 2024

TVS Motor Company Limited Unveils its Special Initiative for Pricing on the TVS iQube Scooters

TVS Motor Company Limited, Annual General Meeting, Jul 24, 2023

Full year 2023 earnings: EPS in line with analyst expectations despite revenue beat

TVS Motor Company Limited Approves Interim Dividend for the Financial Year Ending March 31, 2023, Payable on or after February 9, 2023

Third quarter 2023 earnings released: EPS: ₹6.33 (vs ₹5.21 in 3Q 2022)

TVS Motor Company Limited to Report Q3, 2023 Results on Jan 24, 2023

Consensus EPS estimates fall by 11%

TVS Motor Company Limited Launches New TVS Metro Plus 110 in Bangladesh

TVS Motor Company Launches 2023 TVS Apache RTR 160 4V Special Edition in a New Exciting Colour with an All New Lightweight Bullpup Exhaust

Price target increased to ₹1,116

Consensus EPS estimates increase by 17%

Price target increased to ₹1,050

Second quarter 2023 earnings released: EPS: ₹8.13 (vs ₹5.10 in 2Q 2022)

TVS Motor Company Unveils the TVS Raider with SmartXonnect Technology for the GenZ

TVS Motor Company Limited to Report Q2, 2023 Results on Nov 04, 2022

TVS Motor Company Limited (BSE:532343) acquired 48.27% stake in Nkars Mobility Millennial Solutions Private Limited.

TVS Motor Company Announces the Launch of the New TVS Jupiter Classic

TVS Motor Company Limited Announces the Launch of TVS Apache 160 2V with ABS (Anti-Lock Braking System) in Bangladesh

TVS Motor Company Launches Tech-Loaded, Powerful TVS NTORQ 125 Race XP in Nepal

TVS Motor Company Limited Launches TVS Apache RTR 180 and TVS Apache RTR 160 Motorcycles

TVS Motor Company Limited (BSE:532343) agreed to acquire 48.27% stake in Nkars Mobility Millennial Solutions Private Limited for INR 850 million.

Price target increased to ₹860

TVS Motor Company Limited to Report Q1, 2023 Results on Jul 28, 2022

Tvs Motor Company Launches the All-New Tvs Ronin

TPG Capital and KKR Reportedly in Talks with TVS Motor to Invest At Least $300 Million to Fund the Expansion of Its Electric Vehicle Business

TVS Motor Company Limited Announces Retirement of H Lakshmanan as Director

TVS Motor Reportedly in Advanced Talks to Raise Funds from Private Equity Firms

TVS Motor Reportedly in Advanced Talks to Raise INR 40,000 Million-50,000 Million from Private Equity Firms

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

TVS Motor Company Limited Launches the New TVS iQube Electric Scooter with a Host of Features

Consensus EPS estimates increase by 12%

TVS Motor Names Sudarshan Venu as New Managing Director

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

TVS Motor Company Limited, Annual General Meeting, Jun 27, 2022

TVS Motor Company Limited to Report Fiscal Year 2022 Results on May 05, 2022

Vimal Sumbly Joins TVS Motor Company as Premium Two-Wheeler Business Head

TVS Motor Company Launches Naked Street Design `TVS Raider' Motorcycle for Gen Z in Latin America

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Tvs Motor Company Limited Appoints Ralf Dieter Speth, Non-Executive Director as Chairman of the Board, effective from 1 April, 2022

TVS Motor Company Limited Announces the Launch of Its Motorcycle TVS Apache RR 310 with Race Tuned Fuel Injection

Second quarter 2022 earnings released: EPS ₹5.10 (vs ₹3.79 in 2Q 2021)

High number of new directors

Independent Non-Executive Director Prince Peter Asirvatham has left the company

Full year 2021 earnings released: EPS ₹12.51 (vs ₹13.15 in FY 2020)

Price target increased to ₹578

Full year 2021 earnings released: EPS ₹12.51 (vs ₹13.15 in FY 2020)

Non-Executive Non-Independent Director has left the company

TVS Motor Company Launches 2021 TVS Apache RTR 160 4V

TVS Motor Company Limited Introduces a New Platform TVS intelliGO