The Karnataka Bank Limited

NSEI:KTKBANK Stock Report

Market Cap: ₹78.8b

Karnataka Bank Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Srikrishnan Sarma

Chief executive officer

₹20.2m

Total compensation

CEO salary percentage63.1%
CEO tenure1.5yrs
CEO ownershipn/a
Management average tenureless than a year
Board average tenure3.6yrs

Recent management updates

Recent updates

Karnataka Bank (NSE:KTKBANK) Is Paying Out A Larger Dividend Than Last Year

Aug 21
Karnataka Bank (NSE:KTKBANK) Is Paying Out A Larger Dividend Than Last Year

Karnataka Bank (NSE:KTKBANK) Is Paying Out A Larger Dividend Than Last Year

Jul 27
Karnataka Bank (NSE:KTKBANK) Is Paying Out A Larger Dividend Than Last Year

Do Karnataka Bank's (NSE:KTKBANK) Earnings Warrant Your Attention?

Oct 24
Do Karnataka Bank's (NSE:KTKBANK) Earnings Warrant Your Attention?

Karnataka Bank (NSE:KTKBANK) Is Paying Out A Larger Dividend Than Last Year

Aug 09
Karnataka Bank (NSE:KTKBANK) Is Paying Out A Larger Dividend Than Last Year

Here's Why We Think Karnataka Bank (NSE:KTKBANK) Might Deserve Your Attention Today

Mar 07
Here's Why We Think Karnataka Bank (NSE:KTKBANK) Might Deserve Your Attention Today

Does Karnataka Bank (NSE:KTKBANK) Deserve A Spot On Your Watchlist?

Nov 03
Does Karnataka Bank (NSE:KTKBANK) Deserve A Spot On Your Watchlist?

Karnataka Bank's (NSE:KTKBANK) Dividend Will Be Increased To ₹4.00

Aug 11
Karnataka Bank's (NSE:KTKBANK) Dividend Will Be Increased To ₹4.00

Karnataka Bank's (NSE:KTKBANK) Upcoming Dividend Will Be Larger Than Last Year's

Jul 28
Karnataka Bank's (NSE:KTKBANK) Upcoming Dividend Will Be Larger Than Last Year's

We Think Shareholders Are Less Likely To Approve A Pay Rise For The Karnataka Bank Limited's (NSE:KTKBANK) CEO For Now

Aug 26
We Think Shareholders Are Less Likely To Approve A Pay Rise For The Karnataka Bank Limited's (NSE:KTKBANK) CEO For Now

CEO Compensation Analysis

How has Srikrishnan Sarma's remuneration changed compared to Karnataka Bank's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹13b

Jun 30 2024n/an/a

₹13b

Mar 31 2024₹20m₹13m

₹13b

Compensation vs Market: Srikrishnan's total compensation ($USD237.58K) is below average for companies of similar size in the Indian market ($USD353.22K).

Compensation vs Earnings: Insufficient data to compare Srikrishnan's compensation with company performance.


CEO

Srikrishnan Sarma (62 yo)

1.5yrs

Tenure

₹20,184,794

Compensation

Mr. Srikrishnan Harihara Sarma is Managing Director, CEO & Director of The Karnataka Bank Limited from June 09, 2023. He has previously held key positions at HDFC Bank, Yes Bank, and Jio Payments Bank. He...


Leadership Team

NamePositionTenureCompensationOwnership
Srikrishnan Sarma
MD, CEO & Director1.5yrs₹20.18mno data
Sekhar Rao
Executive Director2yrs₹7.52mno data
Abhishek Bagchi
Chief Financial Officerno datano datano data
B. Padmanabha
Deputy GM & CTOno datano datano data
P. J. Bhat
Chief Compliance Officerless than a yearno datano data
Srinivas Deshpande
Assistant GM of Public Relationsno datano datano data
Raghurama H. Rao
Deputy GM & Chief Risk Officerno datano datano data
Nirmal Kumar Hegde
GM, Head of Internal Audit & Chief of Internal Vigilanceno datano datano data
K. Kannan
GM & Chief Information Security Officerno datano datano data
A. Kamath
Deputy GM & Chief Information Security Officerno datano datano data
Ramaswamy Subramanian
Chief Product Officerless than a yearno datano data
R. Giridhar
Head of Wholesale & MidCorporate Bankingless than a yearno datano data

1.0yrs

Average Tenure

Experienced Management: KTKBANK's management team is not considered experienced ( 1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Srikrishnan Sarma
MD, CEO & Director1.5yrs₹20.18mno data
Sekhar Rao
Executive Director2yrs₹7.52mno data
Uma Shankar
Non Executive Independent Director4.1yrs₹3.20m0.00026%
₹ 204.9k
Pradeep Panja
Independent Part Time Non-Executive Chairman4.3yrs₹4.60m0.00090%
₹ 709.4k
Jeevandas Narayan
Non-Executive Independent Director2.7yrs₹4.10m0.000050%
₹ 39.4k
Balakrishna Shettwalli
Non Executive Independent Director3.6yrs₹4.10m0.00013%
₹ 102.5k
Balebail Ashok
Non-Executive Director5.3yrs₹3.70m0.00044%
₹ 346.8k
Harish Visweswara
Independent Directorless than a year₹600.00kno data
Arakalgud Chandrashekar
Non Executive Independent Director4.3yrs₹2.80m0.00013%
₹ 102.5k
Devarayasamudram Ravindran
Non Executive Independent Director3.7yrs₹3.00m0.00011%
₹ 86.7k
Kalmanje Acharya
Non-Executive Independent Director2.7yrs₹3.30m0.00075%
₹ 591.2k

3.6yrs

Average Tenure

64yo

Average Age

Experienced Board: KTKBANK's board of directors are considered experienced (3.6 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 19:38
End of Day Share Price 2024/12/20 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

The Karnataka Bank Limited is covered by 12 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
Nitin BhasinAmbit Capital
Prabal GandhiAmbit Capital
Pankaj AgarwalAmbit Capital