Minda Corporation Limited

BSE:538962 Stock Report

Market Cap: ₹133.6b

Minda Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Ashok Minda

Chief executive officer

₹115.9m

Total compensation

CEO salary percentage27.1%
CEO tenure37.5yrs
CEO ownership48.9%
Management average tenureno data
Board average tenure4.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ashok Minda's remuneration changed compared to Minda's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹3b

Jun 30 2024n/an/a

₹2b

Mar 31 2024₹116m₹31m

₹2b

Dec 31 2023n/an/a

₹3b

Sep 30 2023n/an/a

₹3b

Jun 30 2023n/an/a

₹3b

Mar 31 2023₹82m₹30m

₹3b

Dec 31 2022n/an/a

₹2b

Sep 30 2022n/an/a

₹3b

Jun 30 2022n/an/a

₹2b

Mar 31 2022₹78m₹27m

₹2b

Dec 31 2021n/an/a

₹2b

Sep 30 2021n/an/a

₹2b

Jun 30 2021n/an/a

₹1b

Mar 31 2021₹50m₹23m

₹935m

Dec 31 2020n/an/a

-₹3b

Sep 30 2020n/an/a

-₹3b

Jun 30 2020n/an/a

-₹3b

Mar 31 2020₹34m₹26m

₹1b

Dec 31 2019n/an/a

₹1b

Sep 30 2019n/an/a

₹1b

Jun 30 2019n/an/a

₹2b

Mar 31 2019₹48m₹16m

₹2b

Dec 31 2018n/an/a

₹2b

Sep 30 2018n/an/a

₹2b

Jun 30 2018n/an/a

₹2b

Mar 31 2018₹44m₹23m

₹1b

Compensation vs Market: Ashok's total compensation ($USD1.34M) is above average for companies of similar size in the Indian market ($USD496.73K).

Compensation vs Earnings: Ashok's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


CEO

Ashok Minda (63 yo)

37.5yrs

Tenure

₹115,944,000

Compensation

Mr. Ashok Minda serves as Group Chief Executive Officer of Spark Minda, Ashok Minda Group. Mr. Minda served as Managing Director of Minda Corporation Limited until March 31, 2007. Mr. Minda served as Manag...


Board Members

NamePositionTenureCompensationOwnership
Ashok Minda
Executive Chairman & Group CEO37.5yrs₹115.94m48.94%
₹ 65.4b
Aakash Minda
Executive Director of Group Finance & Strategy4.2yrs₹23.78mno data
Naresh Modi
Executive Director4.1yrs₹15.81m0.062%
₹ 82.3m
Ravi Sud
Independent Directorless than a year₹358.00kno data
Pratima Ram
Lead Independent Director8.2yrs₹1.92mno data
Laxman Ramnarayan
Additional Independent Directorless than a year₹18.37m0.027%
₹ 35.8m
Gajanan Gandhe
Additional Independent Director1.4yrs₹793.00kno data

4.1yrs

Average Tenure

59yo

Average Age

Experienced Board: 538962's board of directors are considered experienced (4.1 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/24 18:36
End of Day Share Price 2025/01/24 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Minda Corporation Limited is covered by 7 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullAsian Markets Securities Private Limited
Abhishek JainDolat Capital Market Pvt. Ltd.
Shashank KanodiaICICIdirect.com