Suryoday Small Finance Bank Limited

NSEI:SURYODAY Stock Report

Market Cap: ₹19.8b

Suryoday Small Finance Bank Management

Management criteria checks 4/4

Suryoday Small Finance Bank's CEO is Baskar Ramachandran, appointed in Jan 2008, has a tenure of 16.67 years. total yearly compensation is ₹17.60M, comprised of 92.1% salary and 7.9% bonuses, including company stock and options. directly owns 5.04% of the company’s shares, worth ₹999.52M. The average tenure of the management team and the board of directors is 2.7 years and 4.8 years respectively.

Key information

Baskar Ramachandran

Chief executive officer

₹17.6m

Total compensation

CEO salary percentage92.1%
CEO tenure16.7yrs
CEO ownership5.0%
Management average tenure2.7yrs
Board average tenure4.8yrs

Recent management updates

Why We Think Suryoday Small Finance Bank Limited's (NSE:SURYODAY) CEO Compensation Is Not Excessive At All

Sep 06
Why We Think Suryoday Small Finance Bank Limited's (NSE:SURYODAY) CEO Compensation Is Not Excessive At All

Recent updates

Why We Think Suryoday Small Finance Bank Limited's (NSE:SURYODAY) CEO Compensation Is Not Excessive At All

Sep 06
Why We Think Suryoday Small Finance Bank Limited's (NSE:SURYODAY) CEO Compensation Is Not Excessive At All

CEO Compensation Analysis

How has Baskar Ramachandran's remuneration changed compared to Suryoday Small Finance Bank's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

₹2b

Mar 31 2024₹18m₹16m

₹2b

Dec 31 2023n/an/a

₹2b

Sep 30 2023n/an/a

₹2b

Jun 30 2023n/an/a

₹1b

Mar 31 2023₹16m₹15m

₹777m

Dec 31 2022n/an/a

-₹93m

Sep 30 2022n/an/a

-₹226m

Jun 30 2022n/an/a

-₹376m

Mar 31 2022₹16m₹15m

-₹930m

Dec 31 2021n/an/a

-₹879m

Sep 30 2021n/an/a

-₹916m

Jun 30 2021n/an/a

-₹624m

Mar 31 2021₹14m₹13m

₹119m

Dec 31 2020n/an/a

₹391m

Sep 30 2020n/an/a

₹795m

Jun 30 2020n/an/a

₹952m

Mar 31 2020₹16m₹15m

₹1b

Dec 31 2019n/an/a

₹2b

Sep 30 2019n/an/a

₹1b

Jun 30 2019n/an/a

₹1b

Mar 31 2019₹12m₹12m

₹904m

Dec 31 2018n/an/a

₹661m

Sep 30 2018n/an/a

₹456m

Jun 30 2018n/an/a

₹279m

Mar 31 2018₹9m₹9m

₹115m

Compensation vs Market: Baskar's total compensation ($USD209.60K) is about average for companies of similar size in the Indian market ($USD171.42K).

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

CEO

Baskar Ramachandran (55 yo)

16.7yrs

Tenure

₹17,600,000

Compensation

Mr. Baskar Babu Ramachandran Co-founded Suryoday Small Finance Bank Ltd (Formerly, Suryoday Micro Finance Private Limited) in 2008 and also has been its Chief Executive Officer and Managing Director since...

Leadership Team

NamePositionTenureCompensationOwnership
Baskar Ramachandran
Co-Founder16.7yrs₹17.60m5.04%
₹ 999.5m
Kanishka Chaudhary
Chief Financial Officer2.7yrsno datano data
Kartiklingam Nadar
VP & Head Operationsno datano datano data
Sudheer Muvva
Chief Technology Officerno datano datano data
Vishal Singh
Chief Information Officer & Head of Digital Banking of the Bankless than a yearno datano data
Himadri Das
Head of Investor Relationsno datano datano data
R. Mohan
Head of Legalno datano datano data
Shankar Surender
Chief Compliance Officerno datano datano data
Dhara Vyas
Chief People Officer & Head of CSR4yrsno data0.0056%
₹ 1.1m
Sominder Singh
Chief Business Officer of Retail Assetsno datano datano data
Yogesh Dixit
Chief Risk Officer1.4yrsno datano data
Surya Neralla
Head of Internal Auditno datano datano data

2.7yrs

Average Tenure

Experienced Management: SURYODAY's management team is considered experienced (2.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Baskar Ramachandran
Co-Founder15.8yrs₹17.60m5.04%
₹ 999.5m
Hemant Shah
Whole- Time Executive Directorless than a yearno datano data
Mrutunjay Sahoo
Independent Director8.8yrs₹2.19mno data
John Diaz
Independent Director4.8yrs₹2.30m0.021%
₹ 4.1m
Ranjit Shah
Nominee Director5.8yrsno datano data
Jyotin Mehta
Independent Director7.6yrs₹1.83mno data
Deepak Sharma
Independent Directorless than a yearno datano data
Krishna Nair
Additional Independent Non-Executive Part-time Chairman3.2yrs₹2.14mno data
Swati Datye
Independent Directorless than a year₹220.00kno data

4.8yrs

Average Tenure

66yo

Average Age

Experienced Board: SURYODAY's board of directors are considered experienced (4.8 years average tenure).