Indian Overseas Bank

BSE:532388 Stock Report

Market Cap: ₹985.6b

Indian Overseas Bank Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Ajay Srivastava

Chief executive officer

₹4.1m

Total compensation

CEO salary percentage90.4%
CEO tenure2yrs
CEO ownershipn/a
Management average tenure1.5yrs
Board average tenure1.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ajay Srivastava's remuneration changed compared to Indian Overseas Bank's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹30b

Jun 30 2024n/an/a

₹28b

Mar 31 2024₹4m₹4m

₹27b

Dec 31 2023n/an/a

₹25b

Sep 30 2023n/an/a

₹23b

Jun 30 2023n/an/a

₹22b

Mar 31 2023₹4m₹4m

₹21b

Dec 31 2022n/an/a

₹20b

Sep 30 2022n/an/a

₹19b

Jun 30 2022n/an/a

₹18b

Mar 31 2022₹3m₹3m

₹17b

Dec 31 2021n/an/a

₹15b

Sep 30 2021n/an/a

₹13b

Jun 30 2021n/an/a

₹10b

Mar 31 2021₹3m₹3m

₹8b

Dec 31 2020n/an/a

₹6b

Sep 30 2020n/an/a

-₹57b

Jun 30 2020n/an/a

-₹81b

Mar 31 2020n/an/a

-₹85b

Dec 31 2019n/an/a

-₹107b

Sep 30 2019n/an/a

-₹49b

Jun 30 2019n/an/a

-₹32b

Mar 31 2019₹3m₹2m

-₹37b

Dec 31 2018n/an/a

-₹54b

Sep 30 2018n/an/a

-₹60b

Jun 30 2018n/an/a

-₹67b

Mar 31 2018₹1m₹1m

-₹63b

Compensation vs Market: Ajay's total compensation ($USD47.59K) is below average for companies of similar size in the Indian market ($USD1.01M).

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

CEO

Ajay Srivastava (57 yo)

2yrs

Tenure

₹4,080,132

Compensation

Mr. Ajay Kumar Srivastava is Additional Nominee Non-Executive Director of Universal Sompo General Insurance Company Limited from June 25, 2024. He has been an Executive Director of Indian Overseas Bank sin...

Leadership Team

NamePositionTenureCompensationOwnership
Ajay Srivastava
MD, CEO & Executive Director2yrs₹4.08mno data
Joydeep Roy
Executive Directorless than a year₹4.23mno data
Dhanaraj T.
Executive Directorless than a year₹4.08mno data
S P Kumar
CFO, Head of Department & GM3.2yrsno datano data
Nataraj Karyampudi
GM, Head of Department & Chief Compliance Officerno datano datano data
Sudhir Thakur
GM & Head of Departmentno datano datano data
Mohan M
GM & Head of Departmentno datano datano data
Suresh P
GM & Head of Departmentno datano datano data
Selvarani V
GM & Head of Departmentno datano datano data
Rajalakshmi Shankar
GM & Head of Departmentno datano datano data
Lakshmi R
GM & Head of Departmentno datano datano data
Rajeev Kumar
Chief Vigilance Officerno datano datano data

1.5yrs

Average Tenure

55.5yo

Average Age

Experienced Management: 532388's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Ajay Srivastava
MD, CEO & Executive Director7.3yrs₹4.08mno data
Joydeep Roy
Executive Directorless than a year₹4.23mno data
Dhanaraj T.
Executive Directorless than a year₹4.08mno data
Sridhar Srinivasan
Independent Part-Time Non-Official Non-Executive Chairmanless than a yearno datano data
Sanjaya Rastogi
Shareholder Director2.1yrsno data0%
₹ 0
Sonali Gupta
RBI Nominee Director1.5yrsno datano data

1.3yrs

Average Tenure

56.5yo

Average Age

Experienced Board: 532388's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/03 12:21
End of Day Share Price 2025/01/03 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

Indian Overseas Bank is covered by 17 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Vaibhav AgrawalAngel Broking Private Limited
null RESEARCH DEPARTMENTAvendus Spark
Vikash MundhraBatlivala & Karani Securities India Pvt. Ltd.