Mahindra & Mahindra Management
Management criteria checks 2/4
Mahindra & Mahindra's CEO is Anish Shah, appointed in Apr 2021, has a tenure of 3.67 years. total yearly compensation is ₹242.22M, comprised of 60.4% salary and 39.6% bonuses, including company stock and options. directly owns 0.021% of the company’s shares, worth ₹683.98M. The average tenure of the management team and the board of directors is 4.5 years and 4.3 years respectively.
Key information
Anish Shah
Chief executive officer
₹242.2m
Total compensation
| CEO salary percentage | 60.4% |
| CEO tenure | 3.7yrs |
| CEO ownership | 0.02% |
| Management average tenure | 4.5yrs |
| Board average tenure | 4.3yrs |
Recent management updates
Recent updates
Mahindra & Mahindra (NSE:M&M) Ticks All The Boxes When It Comes To Earnings Growth
Dec 22
Some Confidence Is Lacking In Mahindra & Mahindra Limited's (NSE:M&M) P/E
Nov 24Returns At Mahindra & Mahindra (NSE:M&M) Are On The Way Up
Oct 03Is Mahindra & Mahindra Limited (NSE:M&M) Potentially Undervalued?
Sep 02The Market Doesn't Like What It Sees From Mahindra & Mahindra Limited's (NSE:M&M) Earnings Yet
Aug 18We Think Shareholders Will Probably Be Generous With Mahindra & Mahindra Limited's (NSE:M&M) CEO Compensation
Jul 25Here's Why Mahindra & Mahindra (NSE:M&M) Has Caught The Eye Of Investors
Jul 15Returns On Capital Are Showing Encouraging Signs At Mahindra & Mahindra (NSE:M&M)
Jun 17Investors Don't See Light At End Of Mahindra & Mahindra Limited's (NSE:M&M) Tunnel
May 14Do Mahindra & Mahindra's (NSE:M&M) Earnings Warrant Your Attention?
Apr 01Mahindra & Mahindra (NSE:M&M) Is Doing The Right Things To Multiply Its Share Price
Mar 18Is Mahindra & Mahindra Limited (NSE:M&M) Potentially Undervalued?
Mar 04Mahindra & Mahindra Limited's (NSE:M&M) Earnings Are Not Doing Enough For Some Investors
Jan 23CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | ₹119b |
| Jun 30 2024 | n/a | n/a | ₹110b |
| Mar 31 2024 | ₹242m | ₹146m | ₹113b |
| Dec 31 2023 | n/a | n/a | ₹112b |
| Sep 30 2023 | n/a | n/a | ₹112b |
| Jun 30 2023 | n/a | n/a | ₹116b |
| Mar 31 2023 | ₹164m | ₹119m | ₹103b |
| Dec 31 2022 | n/a | n/a | ₹99b |
| Sep 30 2022 | n/a | n/a | ₹92b |
| Jun 30 2022 | n/a | n/a | ₹83b |
| Mar 31 2022 | ₹119m | ₹87m | ₹66b |
| Dec 31 2021 | n/a | n/a | ₹59b |
| Sep 30 2021 | n/a | n/a | ₹58b |
| Jun 30 2021 | n/a | n/a | ₹45b |
| Mar 31 2021 | ₹94m | ₹81m | ₹40b |
Compensation vs Market: Anish's total compensation ($USD2.84M) is above average for companies of similar size in the Indian market ($USD1.05M).
Compensation vs Earnings: Anish's compensation has increased by more than 20% in the past year.
CEO
Anish Shah (55 yo)
3.7yrs
Tenure
₹242,222,000
Compensation
Dr. Anish Dilip Shah is President of Federation of Indian Chambers of Commerce and Industry from December 2023. He serves as Group CEO of Mahindra and Mahindra Limited since 2024 and was its Chief Executiv...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Non-Executive Chairman & Member of Group Executive Board | 35.1yrs | ₹51.50m | 0.17% ₹ 5.5b | |
| MD, Group CEO | 3.7yrs | ₹242.22m | 0.021% ₹ 684.0m | |
| Executive Director & CEO of Automotive and Farm Sectors & Member of Group Exe Board | 11.7yrs | ₹192.48m | 0.012% ₹ 403.9m | |
| Member of Group Executive Board | no data | ₹57.80m | no data | |
| Compliance Officer & Company Secretary | 18.2yrs | ₹22.40m | 0.0046% ₹ 150.2m | |
| President & Group Chief Financial Officer & Member of Executive Board | less than a year | no data | no data | |
| President of Group Human Resources & Member of the Group Executive Board | 14.9yrs | no data | 0.010% ₹ 324.9m | |
| President of Farm Equipment Sector & Member of Group Executive Board | 4.5yrs | no data | 0.011% ₹ 352.9m | |
| President of Auto Sector & Member of Group Executive Board | no data | no data | no data | |
| President of Aerospace & Defence | no data | no data | 0.00052% ₹ 17.0m | |
| Group Chief Technology Officer & Member of the Group Executive Board | 4.2yrs | no data | 0.0033% ₹ 107.7m | |
| MD, CEO of Mahindra Holidays and Resorts | no data | no data | no data |
4.5yrs
Average Tenure
55yo
Average Age
Experienced Management: M&M's management team is considered experienced (4.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Non-Executive Chairman & Member of Group Executive Board | 35.1yrs | ₹51.50m | 0.17% ₹ 5.5b | |
| MD, Group CEO | 4.7yrs | ₹242.22m | 0.021% ₹ 684.0m | |
| Executive Director & CEO of Automotive and Farm Sectors & Member of Group Exe Board | 4.7yrs | ₹192.48m | 0.012% ₹ 403.9m | |
| Independent Non-Executive Director | less than a year | no data | no data | |
| Independent Director | 4.3yrs | ₹5.00m | no data | |
| Non-Executive & Non-Independent Director | less than a year | no data | no data | |
| Independent Director | 8.1yrs | ₹6.18m | no data | |
| Independent Director | 1.9yrs | ₹5.80m | no data | |
| Independent Director | 4.3yrs | ₹5.06m | no data | |
| Non-Executive & Non-Independent Director | less than a year | no data | no data |
4.3yrs
Average Tenure
64yo
Average Age
Experienced Board: M&M's board of directors are considered experienced (4.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 11:46 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
Mahindra & Mahindra Limited is covered by 81 analysts. 33 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jinesh Gandhi | Ambit Capital |
| null null | Anand Rathi Shares and Stock Brokers Limited |
| Rohan Korde | Anand Rathi Shares and Stock Brokers Limited |