Bharat Dynamics Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

A. Madhavarao

Chief executive officer

₹4.8m

Total compensation

CEO salary percentage	22.5%
CEO tenure	less than a year
CEO ownership	n/a
Management average tenure	less than a year
Board average tenure	2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has A. Madhavarao's remuneration changed compared to Bharat Dynamics's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	₹5b
Sep 30 2023	n/a	n/a	₹4b
Jun 30 2023	n/a	n/a	₹4b
Mar 31 2023	₹5m	₹1m	₹4b

Compensation vs Market: A.'s total compensation ($USD58.11K) is below average for companies of similar size in the Indian market ($USD566.16K).

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

CEO

A. Madhavarao

less than a year

Tenure

₹4,847,545

Compensation

Commodore A. Madhavarao (Retd.) is Chairman and Managing Director of Bharat Dynamics Limited from July 19, 2023 and as its Whole Time Director since January 02, 2023 and serves as its Director of Finance s...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
A. Madhavarao	Chairman	less than a year	₹4.85m	no data
Nagula Nagaraja	Company Secretary & Compliance Officer	no data	₹2.66m	no data
G. Prasad	Chief Financial Officer	less than a year	no data	no data
P V Ram	Director of Technical & Production and Director	less than a year	no data	no data
M. Ravi	Executive Director of Marketing	less than a year	no data	no data
N. Kumar	GM & Unit Head of IBU	no data	no data	no data
Syed Raffe	General Manager of HR	no data	no data	no data
Upender Vennam	Chief Vigilance Officer	no data	no data	no data
L. Kishan	Executive Director & Head of Bhanur Unit	less than a year	no data	no data

0.3yrs

Average Tenure

Experienced Management: 541143's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
A. Madhavarao	Chairman	1.3yrs	₹4.85m	no data
P V Ram	Director of Technical & Production and Director	less than a year	no data	no data
Rajendra Shekhawat	Independent Director	2.4yrs	₹330.00k	no data
Anurag Bajpai	Part-Time Government Nominee Director	1.7yrs	no data	no data
Sunil Mone	Independent Director	2.4yrs	₹330.00k	no data
Sanghamitra Mishra	Independent Director	2.4yrs	₹330.00k	no data
Nanda Subburaman	Independent Director	2.4yrs	₹290.00k	0.000040% ₹ 143.7k
Pawan Sthapak	Independent Director	2.4yrs	₹275.00k	no data
Jaswant Sonkar	Non-Official Independent Director	1.3yrs	₹25.00k	no data
U Babu	Government Director	less than a year	no data	no data

2.0yrs

Average Tenure

62.5yo

Average Age

Experienced Board: 541143's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.

Bharat Dynamics Management

Management criteria checks 1/4

Key information

Recent management updates

Bharat Dynamics Limited Announces Chief Financial Officer Changes

Bharat Dynamics Limited Assigns Additional Charge of the Post of Director (Technical) to PV Rajaram Director (Production)

Bharat Dynamics Limited Assigns Additional Charge of the Post of Director (Finance) to Cmde. A. Madhavarao, CMD

Bharat Dynamics Limited Announces Executive Changes

Bharat Dynamics Limited, Annual General Meeting, Sep 28, 2023

Bharat Dynamics Limited Appoints Shri P V Raja Ram as Director (Production) on the Board

Recent updates

Upcoming dividend of ₹8.85 per share

Bharat Dynamics Limited Announces Chief Financial Officer Changes

Bharat Dynamics Limited Declares Interim Dividend for the Financial Year 2023-24, Payable on and Before April 18, 2024

Now 25% undervalued

Bharat Dynamics Limited Assigns Additional Charge of the Post of Director (Technical) to PV Rajaram Director (Production)

Bharat Dynamics Limited Assigns Additional Charge of the Post of Director (Finance) to Cmde. A. Madhavarao, CMD

Bharat Dynamics Limited Announces Executive Changes

Price target increased by 11% to ₹1,608

Third quarter 2024 earnings released: EPS: ₹7.37 (vs ₹4.57 in 3Q 2023)

Bharat Dynamics Limited to Report Q3, 2024 Results on Jan 24, 2024

Price target increased by 13% to ₹1,519

Investor sentiment improves as stock rises 20%

Second quarter 2024 earnings released: EPS: ₹8.03 (vs ₹4.14 in 2Q 2023)

Bharat Dynamics Limited to Report Q2, 2024 Results on Nov 03, 2023

Upcoming dividend of ₹1.20 per share at 0.9% yield

Bharat Dynamics Limited, Annual General Meeting, Sep 28, 2023

Bharat Dynamics Limited Appoints Shri P V Raja Ram as Director (Production) on the Board

First quarter 2024 earnings released: EPS: ₹2.28 (vs ₹2.17 in 1Q 2023)

Bharat Dynamics Limited to Report Q1, 2024 Results on Aug 04, 2023

Bharat Dynamics Limited Announces Appointment of Shri A. Madhavarao Director as Chairman

Price target increased by 7.3% to ₹1,240

Bharat Dynamics Limited Announces Appointment of Cmde A. Madhavarao as Director Production

Bharat Dynamics Limited Announces Additional Charge of the Post of Chairman to Shri N Srinivasulu

Bharat Dynamics Limited Announces Resignation of P Radhakrishna as Managing Director

Bharat Dynamics Limited Recommends Final Dividend for the Year Ended 31 March 2023

Full year 2023 earnings released: EPS: ₹19.22 (vs ₹27.28 in FY 2022)

Bharat Dynamics Limited to Report Q4, 2023 Results on May 25, 2023

Investor sentiment improves as stock rises 16%

Upcoming dividend of ₹8.15 per share at 1.1% yield

Bharat Dynamics Limited Appoints Jaswant Lal Sonkar as Non-Official Independent Director

Bharat Dynamics Limited Declares Interim Dividend for the Financial Year 2022-2023

Third quarter 2023 earnings released: EPS: ₹4.57 (vs ₹11.64 in 3Q 2022)

Price target increased by 20% to ₹1,186

Bharat Dynamics Limited to Report Q3, 2023 Results on Feb 07, 2023

Now 21% undervalued

Price target increased to ₹1,068

High number of new and inexperienced directors

Bharat Dynamics Limited Proposes Final Dividend for the Financial Year Ended March 31, 2022

Less than half of directors are independent

Bharat Dynamics Limited Announces Board Changes

Upcoming dividend of ₹1.00 per share

Bharat Dynamics Limited, Annual General Meeting, Sep 26, 2022

Price target increased to ₹815

First quarter 2023 earnings released: EPS: ₹2.17 (vs ₹1.14 loss in 1Q 2022)

Bharat Dynamics Limited to Report Q1, 2023 Results on Aug 12, 2022

Investor sentiment improved over the past week

Full year 2022 earnings released: EPS: ₹27.28 (vs ₹14.06 in FY 2021)

Bharat Dynamics Limited Recommends Final Dividend for the Year Ended March 31, 2022

Bharat Dynamics Limited to Report Q4, 2022 Results on May 26, 2022

Now 23% undervalued

Price target increased to ₹669

Less than half of directors are independent

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Bharat Dynamics Limited Declares First Interim Dividend for the Fiscal Year 2021-22, Payable on and Before March 15, 2022

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Second quarter 2022 earnings released: EPS ₹2.36 (vs ₹1.43 in 2Q 2021)

Government Nominee Director M. S. Prasad has left the company

First quarter 2022 earnings released: ₹1.14 loss per share (vs ₹4.26 loss in 1Q 2021)

Full year 2021 earnings released: EPS ₹14.06 (vs ₹29.19 in FY 2020)

Bharat Dynamics Limited Declares Interim Dividend, Payable on and Before April 10, 2021

Bharat Dynamics Limited Receives Order for MRSAM Missile Rear Sections

New 90-day high: ₹356

Third quarter 2021 earnings released: EPS ₹2.68 (vs ₹2.90 in 3Q 2020)

Bharat Dynamics Limited Launches New Products

New 90-day high: ₹348

New 90-day high: ₹342

New 90-day low: ₹287

First quarter earnings released