Cummins India Limited

BSE:500480 Stock Report

Market Cap: ₹908.0b

Cummins India Management

Management criteria checks 3/4

Cummins India's CEO is Ashwath Ram, appointed in Aug 2019, has a tenure of 4.67 years. total yearly compensation is ₹47.70M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 0.005% of the company’s shares, worth ₹45.04M. The average tenure of the management team and the board of directors is 3.1 years and 3.8 years respectively.

Key information

Ashwath Ram

Chief executive officer

₹47.7m

Total compensation

CEO salary percentage100.0%
CEO tenure4.7yrs
CEO ownership0.005%
Management average tenure3.1yrs
Board average tenure3.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ashwath Ram's remuneration changed compared to Cummins India's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

₹15b

Sep 30 2023n/an/a

₹14b

Jun 30 2023n/an/a

₹14b

Mar 31 2023₹48m₹48m

₹12b

Dec 31 2022n/an/a

₹11b

Sep 30 2022n/an/a

₹9b

Jun 30 2022n/an/a

₹9b

Mar 31 2022₹34m₹34m

₹9b

Dec 31 2021n/an/a

₹9b

Sep 30 2021n/an/a

₹9b

Jun 30 2021n/an/a

₹8b

Mar 31 2021₹24m₹24m

₹6b

Dec 31 2020n/an/a

₹6b

Sep 30 2020n/an/a

₹6b

Jun 30 2020n/an/a

₹6b

Mar 31 2020₹30m₹18m

₹7b

Compensation vs Market: Ashwath's total compensation ($USD571.83K) is below average for companies of similar size in the Indian market ($USD936.27K).

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


CEO

Ashwath Ram (52 yo)

4.7yrs

Tenure

₹47,700,000

Compensation

Mr. Ashwath Ram has been Managing Director of Cummins India Limited since August 17, 2019 and has been its Executive Director since 2019. He is Managing Director at Tata Cummins Private Limited. Mr. Ram se...


Leadership Team

NamePositionTenureCompensationOwnership
Ashwath Ram
MD & Additional Executive Director4.7yrs₹47.70m0.0050%
₹ 45.0m
Ajay Patil
Chief Financial Officer4yrs₹29.10mno data
Vinaya Joshi
Company Secretary & Compliance Officer3.9yrs₹2.60mno data
Anjali Pandey
Chief Operating Officer2.3yrsno datano data
Annapurna Vishwanathan
Chief Information Officer2.3yrsno datano data
Ashish Aggarwal
Chief Administrative Officer1.3yrsno datano data
Sanjit Batra
Vice President of Legal & Secretarial2.3yrsno datano data
Amit Kumar
Chief of Staff6.3yrsno datano data
Pradheepram Ottikkutti
Head of Engineering of Cummins Group in India5.3yrsno datano data
Shubhankar Chatterji
Chief Supply Chain Officer2.3yrsno datano data

3.1yrs

Average Tenure

Experienced Management: 500480's management team is considered experienced (3.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ashwath Ram
MD & Additional Executive Director4.7yrs₹47.70m0.0050%
₹ 45.0m
Rama Bijapurkar
Additional Independent Non-Executive Director3.8yrs₹2.30mno data
Nasser Munjee
Independent Non-Executive Director23.1yrs₹2.35mno data
Rajeev Bakshi
Independent Non-Executive Director23.5yrs₹2.40mno data
Jennifer Bush
Additional Non-Executive Non-Independent Director1.4yrsno datano data
Donald Jackson
Non-Executive Non-Independent Director5.5yrsno datano data
Lira Goswami
Non-Executive Independent Directorless than a yearno datano data
Bonnie Fetch
Additional Non-Executive Non-Independent1.4yrsno datano data
Rekha Anil
Independent Director1.7yrs₹1.26mno data

3.8yrs

Average Tenure

59yo

Average Age

Experienced Board: 500480's board of directors are considered experienced (3.8 years average tenure).


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