Bharat Forge Management

How has Baba Kalyani's remuneration changed compared to Bharat Forge's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	₹9b
Sep 30 2023	n/a	n/a	₹7b
Jun 30 2023	n/a	n/a	₹6b
Mar 31 2023	₹200m	₹152m	₹5b
Dec 31 2022	n/a	n/a	₹6b
Sep 30 2022	n/a	n/a	₹10b
Jun 30 2022	n/a	n/a	₹11b
Mar 31 2022	₹179m	₹141m	₹11b
Dec 31 2021	n/a	n/a	₹11b
Sep 30 2021	n/a	n/a	₹4b
Jun 30 2021	n/a	n/a	₹2b
Mar 31 2021	₹153m	₹109m	-₹1b
Dec 31 2020	n/a	n/a	-₹4b
Sep 30 2020	n/a	n/a	-₹2b
Jun 30 2020	n/a	n/a	₹510m
Mar 31 2020	₹176m	₹109m	₹3b
Dec 31 2019	n/a	n/a	₹7b
Sep 30 2019	n/a	n/a	₹9b
Jun 30 2019	n/a	n/a	₹10b
Mar 31 2019	₹195m	₹77m	₹10b
Mar 31 2018	₹186m	₹69m	₹8b

Compensation vs Market: Baba's total compensation ($USD2.40M) is above average for companies of similar size in the Indian market ($USD599.06K).

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

CEO

Baba Kalyani (74 yo)

no data

Tenure

₹200,452,479

Compensation

Dr. Babasaheb Neelkanth Kalyani, also known as Baba, B.E. (Mech.) (Hons.), M.S. (MIT) is Member of International Advisory Board of Komatsu Ltd. from March 2024. Dr. Kalyani has been the Managing Director o...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Babasaheb Neelkanth Kalyani	Chairman & MD	no data	₹200.45m	0.20% ₹ 1.1b
Amit Kalyani	Joint MD & Executive Director	less than a year	₹47.14m	0.15% ₹ 856.0m
Tejaswini Chaudhari	Compliance Officer & Company Secretary	7.8yrs	₹4.29m	no data
B. Kalyani	Executive Director	no data	₹43.03m	0.0014% ₹ 8.0m
Subodh Tandale	Executive Director	no data	₹47.40m	0.000040% ₹ 227.6k
Kedar Dixit	Chief Financial Officer	less than a year	no data	no data
S. Bhave	Director of HR & IR	no data	₹12.21m	no data
V. Munje	President of Corporate & Group General Counsel	no data	₹10.96m	no data
Vijay Jain	Senior Vice President of Sales & Marketing	no data	₹1.34m	no data
H. Swamy	Senior Vice President of MTB	no data	₹7.07m	no data
Madan Takale	Executive VP & Director of Engineering	no data	₹15.98m	no data
R. Bhatia	President & CEO of Defense Products	no data	₹27.43m	no data

0.9yrs

Average Tenure

65.5yo

Average Age

Experienced Management: BHARATFORG's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Babasaheb Neelkanth Kalyani	Chairman & MD	no data	₹200.45m	0.20% ₹ 1.1b
Amit Kalyani	Joint MD & Executive Director	19.9yrs	₹47.14m	0.15% ₹ 856.0m
B. Kalyani	Executive Director	17.9yrs	₹43.03m	0.0014% ₹ 8.0m
Subodh Tandale	Executive Director	17.9yrs	₹47.40m	0.000040% ₹ 227.6k
Puranam Ravikumar	Independent Non-Executive Director	14.9yrs	₹1.58m	0.0014% ₹ 8.1m
Lalita Gupte	Independent Non-Executive Director	17.3yrs	₹787.50k	no data
Vimal Bhandari	Independent Director	11.2yrs	₹1.93m	no data
Kanwar Bir Anand	Independent Non-Executive Director	1.8yrs	₹525.00k	no data
Pratap Govind Pawar	Independent Non-Executive Director	18.9yrs	₹2.01m	no data
Murali Sivaraman	Independent Non-Executive Director	4.8yrs	₹875.00k	no data
Sonia Singh	Independent Non-Executive Director	1.8yrs	₹525.00k	no data
Dipak Mane	Independent Non-Executive Director	4.8yrs	₹1.05m	no data

14.9yrs

Average Tenure

65yo

Average Age

Experienced Board: BHARATFORG's board of directors are seasoned and experienced ( 14.9 years average tenure).

Bharat Forge Management

Management criteria checks 2/4

Key information

Recent management updates

Bharat Forge Limited Announces Cessation of G. K. Agarwal as the Director and Deputy Managing Director, Effective March 31, 2024

Bharat Forge Limited Announces Resignation of Atul Dhavle as Senior Vice President and Chief Human Resource Officer

Bharat Forge Limited Announces Executive Changes

Bharat Forge Limited Announces Re-Designation of Amit B. Kalyani as Joint Managing Director

Bharat Forge Limited, Annual General Meeting, Aug 10, 2023

Bharat Forge Limited Approves Re-Designation of Mr. Dipak Mane, Independent Director as the Chairperson of the Nomination and Remuneration Committee

Recent updates

The Price Is Right For Bharat Forge Limited (NSE:BHARATFORG)

Bharat Forge Limited Announces Cessation of G. K. Agarwal as the Director and Deputy Managing Director, Effective March 31, 2024

Some Investors May Be Worried About Bharat Forge's (NSE:BHARATFORG) Returns On Capital

Bharat Forge Limited Announces Resignation of Atul Dhavle as Senior Vice President and Chief Human Resource Officer

Do Bharat Forge's (NSE:BHARATFORG) Earnings Warrant Your Attention?

Upcoming dividend of ₹2.50 per share

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

Bharat Forge Limited Declares Interim Dividend, Payable on or Before March 12, 2024

Bharat Forge (NSE:BHARATFORG) Has A Pretty Healthy Balance Sheet

Subdued Growth No Barrier To Bharat Forge Limited's (NSE:BHARATFORG) Price

Investors Could Be Concerned With Bharat Forge's (NSE:BHARATFORG) Returns On Capital

Bharat Forge Limited Announces Executive Changes

Is Now An Opportune Moment To Examine Bharat Forge Limited (NSE:BHARATFORG)?

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

There Are Reasons To Feel Uneasy About Bharat Forge's (NSE:BHARATFORG) Returns On Capital

Price target increased by 7.5% to ₹953

When Should You Buy Bharat Forge Limited (NSE:BHARATFORG)?

Bharat Forge Limited to Report Q1, 2024 Results on Aug 09, 2023

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

Bharat Forge Limited to Report Q1, 2024 Results on Aug 15, 2023

Bharat Forge (NSE:BHARATFORG) Has A Somewhat Strained Balance Sheet

Bharat Forge (NSE:BHARATFORG) Is Paying Out A Dividend Of ₹5.50

Upcoming dividend of ₹5.50 per share at 0.8% yield

Bharat Forge (NSE:BHARATFORG) Is Paying Out A Dividend Of ₹5.50

Bharat Forge Limited Recommends Final Dividend for the Financial Year Ended on March 31, 2023

Bharat Forge (NSE:BHARATFORG) Could Be Struggling To Allocate Capital

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

Bharat Forge Limited Announces Re-Designation of Amit B. Kalyani as Joint Managing Director

Bharat Forge Limited, Annual General Meeting, Aug 10, 2023

Is Bharat Forge Limited (NSE:BHARATFORG) Potentially Undervalued?

Here's Why Bharat Forge (NSE:BHARATFORG) Has A Meaningful Debt Burden

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

If EPS Growth Is Important To You, Bharat Forge (NSE:BHARATFORG) Presents An Opportunity

Bharat Forge Limited to Report Q3, 2023 Results on Feb 14, 2023

The Returns On Capital At Bharat Forge (NSE:BHARATFORG) Don't Inspire Confidence

Why Bharat Forge Limited (NSE:BHARATFORG) Could Be Worth Watching

Here's Why Bharat Forge (NSE:BHARATFORG) Can Manage Its Debt Responsibly

Upcoming dividend of ₹1.50 per share

Bharat Forge (NSE:BHARATFORG) Is Due To Pay A Dividend Of ₹1.50

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Bharat Forge Limited Declares Interim Dividend, Payable on or Before December 13, 2022

Should You Be Adding Bharat Forge (NSE:BHARATFORG) To Your Watchlist Today?

Bharat Forge Limited to Report Q2, 2023 Results on Nov 14, 2022

There Are Reasons To Feel Uneasy About Bharat Forge's (NSE:BHARATFORG) Returns On Capital

Is Bharat Forge Limited (NSE:BHARATFORG) Potentially Undervalued?

Bharat Forge Limited Approves Re-Designation of Mr. Dipak Mane, Independent Director as the Chairperson of the Nomination and Remuneration Committee

Insufficient new directors

Bharat Forge Limited to Report Q1, 2023 Results on Aug 11, 2022

Bharat Forge (NSE:BHARATFORG) Has A Pretty Healthy Balance Sheet

Full year 2022 earnings: Revenues exceed analyst expectations

Upcoming dividend of ₹5.50 per share

Insufficient new directors

Returns On Capital At Bharat Forge (NSE:BHARATFORG) Have Stalled

Bharat Forge Limited Recommends Final Dividend for the Financial Year Ended on March 31, 2022, Payable on August 19, 2022

Is Now An Opportune Moment To Examine Bharat Forge Limited (NSE:BHARATFORG)?

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Bharat Forge Limited Recommends Final Dividend for the Financial Year Ended March 31, 2022, Payable on or After August 19, 2022

Bharat Forge Limited, Annual General Meeting, Aug 12, 2022

Is Bharat Forge Limited (NSE:BHARATFORG) Expensive For A Reason? A Look At Its Intrinsic Value

Bharat Forge Limited (BSE:500493) completed the acquisition of 26% of stake in Avaada Mhvidarbha Private Limited.

We Think Bharat Forge (NSE:BHARATFORG) Can Stay On Top Of Its Debt

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Is It Too Late To Consider Buying Bharat Forge Limited (NSE:BHARATFORG)?

Bharat Forge Limited to Report Q3, 2022 Results on Feb 10, 2022

Calculating The Intrinsic Value Of Bharat Forge Limited (NSE:BHARATFORG)

Upcoming dividend of ₹1.50 per share

Bharat Forge (NSE:BHARATFORG) Will Be Hoping To Turn Its Returns On Capital Around

Bharat Forge Limited (NSE:BHARATFORG) Shares Could Be 34% Above Their Intrinsic Value Estimate

Price target increased to ₹812