Adani Enterprises Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Rajeshbhai Adani

Chief executive officer

₹56.0m

Total compensation

CEO salary percentage	56.6%
CEO tenure	31.1yrs
CEO ownership	n/a
Management average tenure	3.8yrs
Board average tenure	8.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Rajeshbhai Adani's remuneration changed compared to Adani Enterprises's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	₹35b
Sep 30 2023	n/a	n/a	₹24b
Jun 30 2023	n/a	n/a	₹27b
Mar 31 2023	₹56m	₹32m	₹25b
Dec 31 2022	n/a	n/a	₹21b
Sep 30 2022	n/a	n/a	₹12b
Jun 30 2022	n/a	n/a	₹10b
Mar 31 2022	₹52m	₹31m	₹8b
Dec 31 2021	n/a	n/a	₹7b
Sep 30 2021	n/a	n/a	₹10b
Jun 30 2021	n/a	n/a	₹12b
Mar 31 2021	₹45m	₹30m	₹9b
Dec 31 2020	n/a	n/a	₹8b
Sep 30 2020	n/a	n/a	₹9b
Jun 30 2020	n/a	n/a	₹6b
Mar 31 2020	₹43m	₹29m	₹11b
Dec 31 2019	n/a	n/a	₹14b
Sep 30 2019	n/a	n/a	₹10b
Jun 30 2019	n/a	n/a	₹11b
Mar 31 2019	₹42m	₹28m	₹6b
Dec 31 2018	n/a	n/a	₹7b
Sep 30 2018	n/a	n/a	₹9b
Jun 30 2018	n/a	n/a	₹9b
Mar 31 2018	₹41m	₹27m	₹7b

Compensation vs Market: Rajeshbhai's total compensation ($USD669.37K) is about average for companies of similar size in the Indian market ($USD938.59K).

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

CEO

Rajeshbhai Adani (59 yo)

31.1yrs

Tenure

₹56,000,000

Compensation

Mr. Rajeshbhai Shantilal Adani, B. Com., has been Non Independent Non-Executive Director at Adani Power Limited since July 10, 2020. Mr. Adani was Managing Director at Adani Wilmar Limited. Mr. Adani was t...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Gautambhai Adani	Executive Chairman	31.1yrs	₹23.90m	0% ₹ 0
Rajeshbhai Adani	MD & Director	no data	₹56.00m	no data
Jugeshinder Singh	Group Chief Financial Officer	4.9yrs	₹772.10m	no data
Jatinkumar Jalundhwala	Joint President of Legal	8.9yrs	₹30.50m	no data
Vinay Goel	CEO of Natural Resources & Executive Director	no data	₹522.50m	no data
Pranav Adani	MD of Agro	4.3yrs	₹45.00m	no data
Sudipta Bhattacharya	Group CTO & CEO of Adani Group North America	no data	no data	no data
Varsha Chainani	Head of Corporate Communications	1.6yrs	no data	no data
Vikram Tandon	Group Chief Human Resources Officer	3.3yrs	no data	no data
Jeyakumar Janakaraj	Chief Executive Officer of Adani Global Singapore & AdaniConneX	no data	no data	no data
Anil Sardana	MD & Executive Director of Adani Energy Solutions Limited	no data	no data	no data
Nitin Sethi	Chief Digital Officer of Consumer Businesses	3yrs	no data	no data

3.8yrs

Average Tenure

57.5yo

Average Age

Experienced Management: 512599's management team is considered experienced (3.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Gautambhai Adani	Executive Chairman	31.1yrs	₹23.90m	0% ₹ 0
Rajeshbhai Adani	MD & Director	31.1yrs	₹56.00m	no data
Vinay Goel	CEO of Natural Resources & Executive Director	6.7yrs	₹522.50m	no data
Pranav Adani	MD of Agro	9.1yrs	₹45.00m	no data
Anil Sardana	MD & Executive Director of Adani Energy Solutions Limited	no data	no data	no data
Malay Mahadevia	Whole Time Director of APSEZ & CEO of Adani Airports Holding Ltd	no data	no data	no data
Omkar Goswami	Independent Non-Executive Director	1.4yrs	₹1.22m	no data
Hemant Nerurkar	Independent Non-Executive Director	8.7yrs	₹3.65m	no data
Priti Adani	Chairperson of Adani Foundation	no data	no data	no data
Vijaylaxmi Joshi	Independent Non-Executive Director	7.3yrs	₹3.15m	no data
Venkataraman Subramanian	Independent Non-Executive Director	7.7yrs	₹3.33m	no data

8.2yrs

Average Tenure

62.5yo

Average Age

Experienced Board: 512599's board of directors are considered experienced (8.2 years average tenure).

Adani Enterprises Management

Management criteria checks 4/4

Key information

Recent management updates

Adani Enterprises Limited Announces Cessation of Narendra Mairpady as an Independent Director

Insufficient new directors

Adani Group Appoints Varsha Chainani as Head - Corporate Communications

Adani Enterprises Limited, Annual General Meeting, Jul 26, 2022

Insufficient new directors

Board Member recently bought ₹35m worth of stock

Recent updates

Adani Group Reportedly Keen to Buy AAI's Stake in Mumbai Airport

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

Adani Enterprises Limited to Report Q3, 2024 Results on Feb 01, 2024

India’s Apex Court Disposes Case Against Adani Group in Hindenburg Matter

GQG Among the Likely Buyers in GMR Airports Block Deal

Adani, Wilmar Reportedly May Sell Part of their Stake in AWL to Private Equity Firms

Adani to Take Call on Wilmar JV Stake Divestment in Three Months

Adani Enterprises Limited Announces Cessation of Narendra Mairpady as an Independent Director

Wilmar International, GQG Partners, Qatar Investment Authority Reportedly Vie for Adani Wilmar Stake

Adani Group in Talks with Multiple Multinational Consumer Goods Companies to Sell its Entire 43.97% Stake in Adani Wilmar

Second quarter 2024 earnings released: EPS: ₹2.00 (vs ₹4.05 in 2Q 2023)

Adani Enterprises Limited to Report First Half, 2024 Results on Nov 02, 2023

Disney Reportedly Said to Be in Talks with Adani, Sun TV to Sell India Assets

Adani Enterprises Limited announced that it expects to receive funding from International Holding Company PJSC

Adani, Emirates, Tata Reportedly Interested in Srilankan Airlines

Adani Group Reportedly Weighs Stake Sale in FMCG Joint Venture with Wilmar

Samarpratap Agrotech Private Limited acquired Natural Growers Private Limited from Adani Enterprises Limited (BSE:512599) for INR 8.3 billion.

First quarter 2024 earnings released: EPS: ₹5.91 (vs ₹4.18 in 1Q 2023)

Adani Enterprises Limited to Report Q1, 2024 Results on Aug 03, 2023

Bain Reportedly Frontrunner to Buy Adani Capital for INR 15,000 Million

Adani Group in Talks to Sell Up to 65% Equity to Potential Investors

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Upcoming dividend of ₹1.20 per share at 0.1% yield

GQG Partners Looks to Invest $1Billion More in Adani Group

Adani Reportedly Weighs Sale of Non-Core Real Estate

Reliance Retail, Adani Group Reportedly No Longer Bidding for Future Retail

Adani Reportedly in Talks for $2 Billion - $2.5 Billion Stake Sales in 3 Group Cos

Adani Enterprises Limited Proposes Dividend for the Financial Year 2022-23

Full year 2023 earnings: Revenues exceed analyst expectations

Investor sentiment deteriorates as stock falls 21%

Third quarter 2023 earnings released: EPS: ₹7.21 (vs ₹0.11 loss in 3Q 2022)

Adani Enterprises Limited to Report Q3, 2023 Results on Feb 14, 2023

JSW, Greenko, Adani, Tata Reportedly Tapped for PTC India Stake

Adani Enterprises Limited (BSE:512599) acquired SIBIA Analytics and Consulting Services Private Limited from Angshuman Bhattacharya for INR 148 million.

Government Reportedly Plans to Invite Expressions of Interest for the Divestment of Rashtriya Ispat Nigam

Adani Enterprises Limited (BSE:512599) acquired Alluvial Mineral Resources Private Limited for INR 0.07 million.

Price target increased to ₹3,512

Insufficient new directors

Adani Reportedly Eyes Stake in Bengaluru Airport

Adani Enterprises Limited(BSE:512599) dropped from Nifty 50

Adani Enterprises Limited(NSEI:ADANIENT) dropped from Nifty 50

Consensus EPS estimates increase by 27%

Second quarter 2023 earnings released: EPS: ₹4.05 (vs ₹1.93 in 2Q 2022)

Adani Enterprises Limited to Report Q2, 2023 Results on Nov 03, 2022

Adani Reportedly in Talks to Acquire Stake in Joint Venture of Indamer Aviation and AAR Corp

Consensus forecasts updated

Adani Enterprises Limited (BSE:512599) entered into a binding term sheet agreement to acquire SIBIA Analytics and Consulting Services Private Limited from Angshuman Bhattacharya.

Adani Enterprises Not Evaluating Plans to Buy Jaiprakash Associates Cement Unit

Adani Group Reportedly in Advanced Talks to Buy the Cement Assets of Jaypee

Adani Group Reportedly Eyeing to Raise $10 Billion for Renewables, Cement Arms

Adani Enterprises Limited(NSEI:ADANIENT) dropped from Nifty 50

Adani Group Appoints Varsha Chainani as Head - Corporate Communications

First quarter 2023 earnings released: EPS: ₹4.18 (vs ₹2.47 in 1Q 2022)

Adani Enterprises Limited to Report Q1, 2023 Results on Aug 04, 2022

KKR Reportedly May Sell Stake in Max

Adani, AG&P, Others Look to Buy into Unison Enviro

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Adani Enterprises Limited Proposes Dividend for the Financial Year 2021-22, Payable on or After 28 July, 2022

Adani Enterprises Limited Proposes Dividend for the for the Financial Year 2021-22, Payable on or After 28 July, 2022

Adani Enterprises Limited (BSE:512599) acquired Alluvial Natural Resources Private Limited.

Adani Enterprises Limited, Annual General Meeting, Jul 26, 2022

TotalEnergies SE (ENXTPA:TTE) agreed to acquire a 25% stake in Adani New Industries Limited from Adani Enterprises Limited (BSE:512599).

GSK Velu Reportedly in Talks with Investors, PEs & Banking Firms to Buy Back Metropolis Healthcare

Adani, Apollo Reportedly Explore Bids for Majority Stake in Metropolis

Adani, KKR, Cube Reportedly in Macquaire's Road Portfolio Shortlist

Adani Enterprises Limited (BSE:512599) signed agreement to acquire 4.48% stake in ACC Limited (NSEI:ACC) from Holcim Ltd (SWX:HOLN) for INR.

Race to Acquire Holcim Stake in Ambuja-ACC Intensifies as ArcelorMittal Enters Fray

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Holcim Group Reportedly Weighs Offers for Cement Biz