Utkarsh Small Finance Bank Limited

NSEI:UTKARSHBNK Stock Report

Market Cap: ₹37.4b

Utkarsh Small Finance Bank Management

Management criteria checks 2/4

Utkarsh Small Finance Bank's CEO is Govind Singh, appointed in Sep 2018, has a tenure of 6.33 years. total yearly compensation is ₹37.00M, comprised of 63.2% salary and 36.8% bonuses, including company stock and options. directly owns 0.017% of the company’s shares, worth ₹6.38M. The average tenure of the management team and the board of directors is 2.3 years and 4.2 years respectively.

Key information

Govind Singh

Chief executive officer

₹37.0m

Total compensation

CEO salary percentage63.2%
CEO tenure6.3yrs
CEO ownership0.02%
Management average tenure2.3yrs
Board average tenure4.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Govind Singh's remuneration changed compared to Utkarsh Small Finance Bank's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹5b

Jun 30 2024n/an/a

₹5b

Mar 31 2024₹37m₹23m

₹5b

Dec 31 2023n/an/a

₹5b

Sep 30 2023n/an/a

₹4b

Jun 30 2023n/an/a

₹4b

Mar 31 2023₹25m₹21m

₹4b

Dec 31 2022n/an/a

₹3b

Sep 30 2022n/an/a

₹2b

Jun 30 2022n/an/a

₹1b

Mar 31 2022₹20mn/a

₹615m

Dec 31 2021n/an/a

₹267m

Sep 30 2021n/an/a

₹716m

Jun 30 2021n/an/a

₹893m

Mar 31 2021₹19m₹19m

₹1b

Dec 31 2020n/an/a

₹1b

Sep 30 2020n/an/a

₹1b

Jun 30 2020n/an/a

₹2b

Mar 31 2020₹19m₹17m

₹2b

Dec 31 2019n/an/a

₹2b

Sep 30 2019n/an/a

₹1b

Jun 30 2019n/an/a

₹1b

Mar 31 2019₹11m₹11m

₹939m

Dec 31 2018n/an/a

₹584m

Sep 30 2018n/an/a

₹229m

Jun 30 2018n/an/a

-₹201m

Mar 31 2018₹12m₹12m

-₹630m

Compensation vs Market: Govind's total compensation ($USD431.53K) is above average for companies of similar size in the Indian market ($USD263.12K).

Compensation vs Earnings: Govind's compensation has increased by more than 20% in the past year.

CEO

Govind Singh (59 yo)

6.3yrs

Tenure

₹37,000,000

Compensation

Mr. Govind Singh is the Founder of Utkarsh Micro Finance Private Limited and served as its Managing Director and Chief Executive Officer since January 16, 2017. Mr. Singh has been Managing Director and Chi...

Leadership Team

NamePositionTenureCompensationOwnership
Govind Singh
MD, CEO & Director6.3yrs₹37.00m0.017%
₹ 6.4m
Sarjukumar Simaria
Chief Financial Officer2.3yrs₹14.50mno data
Abhijeet Bhattacharjee
Chief Information Officer2.8yrsno datano data
Hitain Sharma
Chief Human Resources Officer5yrsno datano data
Alok Pathak
Head Assetsno datano datano data
Muthiah Ganapathy
Company Secretary & Compliance Officer2.8yrs₹5.40mno data
Rahul Dey
Head of Operations & Administrationless than a yearno data0.00091%
₹ 340.3k
Mukesh Verma
Chief Compliance Officer1.8yrsno datano data
Rahul Sinha
Head of Collectionsno datano datano data
Mohit Wahi
Head of Whole Sale Bankingno datano datano data
Amit Acharya
Chief Risk Officerless than a yearno datano data
Sanjay Sharda
Head of Consumer Banking1.9yrsno datano data

2.3yrs

Average Tenure

49yo

Average Age

Experienced Management: UTKARSHBNK's management team is considered experienced (2.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Govind Singh
MD, CEO & Director8.8yrs₹37.00m0.017%
₹ 6.4m
Pramod Dubey
Executive Directorless than a yearno datano data
Nagesh Pinge
Non-Executive Independent Director4.5yrs₹3.24mno data
Ajay Kapur
Non-Executive Independent Director3.8yrs₹3.60mno data
Parveen Gupta
Independent & Part Time Non-Executive Chairman3.3yrs₹4.96mno data
Muralidharan Rajamani
Non-Executive Non-Independent Director3.8yrs₹2.86mno data
Kajal Ghose
Non-Executive Independent Director8yrs₹3.90mno data
Kalpana Pandey
Non-Executive Independent Director4.8yrs₹3.14mno data

4.2yrs

Average Tenure

64yo

Average Age

Experienced Board: UTKARSHBNK's board of directors are considered experienced (4.2 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 03:32
End of Day Share Price 2025/01/02 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

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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

Utkarsh Small Finance Bank Limited is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Renish BhuvaICICI Securities Ltd.
Sanjeev PrasadKotak Securities (Institutional Equities)
Ashlesh SonjeKotak Securities (Institutional Equities)