Increases to CEO Compensation Might Be Put On Hold For Now at Apollo Micro Systems Limited (NSE:APOLLO)
Key Insights
- Apollo Micro Systems' Annual General Meeting to take place on 16th of September
- Total pay for CEO Karunakar Baddam includes ₹18.0m salary
- The total compensation is 62% higher than the average for the industry
- Apollo Micro Systems' total shareholder return over the past three years was 1,635% while its EPS grew by 38% over the past three years
Performance at Apollo Micro Systems Limited (NSE:APOLLO) has been reasonably good and CEO Karunakar Baddam has done a decent job of steering the company in the right direction. This is something shareholders will keep in mind as they cast their votes on company resolutions such as executive remuneration in the upcoming AGM on 16th of September. However, some shareholders may still be hesitant of being overly generous with CEO compensation.
Check out our latest analysis for Apollo Micro Systems
Comparing Apollo Micro Systems Limited's CEO Compensation With The Industry
At the time of writing, our data shows that Apollo Micro Systems Limited has a market capitalization of ₹91b, and reported total annual CEO compensation of ₹18m for the year to March 2025. There was no change in the compensation compared to last year. Notably, the salary of ₹18m is the entirety of the CEO compensation.
On comparing similar companies from the Indian Aerospace & Defense industry with market caps ranging from ₹35b to ₹141b, we found that the median CEO total compensation was ₹11m. Accordingly, our analysis reveals that Apollo Micro Systems Limited pays Karunakar Baddam north of the industry median. What's more, Karunakar Baddam holds ₹46b worth of shares in the company in their own name, indicating that they have a lot of skin in the game.
| Component | 2025 | 2024 | Proportion (2025) |
| Salary | ₹18m | ₹18m | 100% |
| Other | - | - | - |
| Total Compensation | ₹18m | ₹18m | 100% |
On an industry level, roughly 93% of total compensation represents salary and 7% is other remuneration. On a company level, Apollo Micro Systems prefers to reward its CEO through a salary, opting not to pay Karunakar Baddam through non-salary benefits. If total compensation veers towards salary, it suggests that the variable portion - which is generally tied to performance, is lower.
Apollo Micro Systems Limited's Growth
Apollo Micro Systems Limited's earnings per share (EPS) grew 38% per year over the last three years. In the last year, its revenue is up 49%.
This demonstrates that the company has been improving recently and is good news for the shareholders. Most shareholders would be pleased to see strong revenue growth combined with EPS growth. This combo suggests a fast growing business. Historical performance can sometimes be a good indicator on what's coming up next but if you want to peer into the company's future you might be interested in this free visualization of analyst forecasts.
Has Apollo Micro Systems Limited Been A Good Investment?
Boasting a total shareholder return of 1,635% over three years, Apollo Micro Systems Limited has done well by shareholders. This strong performance might mean some shareholders don't mind if the CEO were to be paid more than is normal for a company of its size.
In Summary...
Apollo Micro Systems pays CEO compensation exclusively through a salary, with non-salary compensation completely ignored. Seeing that the company has put up a decent performance, only a few shareholders, if any at all, might have questions about the CEO pay in the upcoming AGM. Still, not all shareholders might be in favor of a pay raise to the CEO, seeing that they are already being paid higher than the industry.
CEO compensation can have a massive impact on performance, but it's just one element. We did our research and spotted 2 warning signs for Apollo Micro Systems that investors should look into moving forward.
Of course, you might find a fantastic investment by looking at a different set of stocks. So take a peek at this free list of interesting companies.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.