IndiaMART InterMESH Management

Management criteria checks 2/4

IndiaMART InterMESH's CEO is Dinesh Agarwal, appointed in Sep 1999, has a tenure of 24.67 years. total yearly compensation is ₹58.93M, comprised of 64.5% salary and 35.5% bonuses, including company stock and options. directly owns 29.19% of the company’s shares, worth ₹46.25B. The average tenure of the management team and the board of directors is 9.1 years and 11 years respectively.

Key information

Dinesh Agarwal

Chief executive officer

₹58.9m

Total compensation

CEO salary percentage	64.5%
CEO tenure	24.7yrs
CEO ownership	29.2%
Management average tenure	9.1yrs
Board average tenure	11yrs

Recent management updates

Recent updates

IndiaMART InterMESH Limited's (NSE:INDIAMART) Share Price Not Quite Adding Up

Apr 26

IndiaMART InterMESH Limited's (NSE:INDIAMART) Business Is Yet to Catch Up With Its Share Price

Jan 19

Investors Could Be Concerned With IndiaMART InterMESH's (NSE:INDIAMART) Returns On Capital

Dec 28

Does IndiaMART InterMESH (NSE:INDIAMART) Deserve A Spot On Your Watchlist?

Nov 02

There Are Reasons To Feel Uneasy About IndiaMART InterMESH's (NSE:INDIAMART) Returns On Capital

Sep 16

Is IndiaMART InterMESH (NSE:INDIAMART) Using Too Much Debt?

Aug 10

With EPS Growth And More, IndiaMART InterMESH (NSE:INDIAMART) Makes An Interesting Case

Jul 22

Some Investors May Be Worried About IndiaMART InterMESH's (NSE:INDIAMART) Returns On Capital

Apr 13

Here's Why IndiaMART InterMESH (NSE:INDIAMART) Can Manage Its Debt Responsibly

Mar 02

There's Been No Shortage Of Growth Recently For IndiaMART InterMESH's (NSE:INDIAMART) Returns On Capital

Dec 21

Is There Now An Opportunity In IndiaMART InterMESH Limited (NSE:INDIAMART)?

Sep 09

Here's What's Concerning About IndiaMART InterMESH's (NSE:INDIAMART) Returns On Capital

Aug 26

IndiaMART InterMESH (NSE:INDIAMART) Has A Pretty Healthy Balance Sheet

Jul 30

IndiaMART InterMESH's (NSE:INDIAMART) Returns On Capital Not Reflecting Well On The Business

May 26

IndiaMART InterMESH Limited's (NSE:INDIAMART) Intrinsic Value Is Potentially 19% Below Its Share Price

Jan 25

Is It Too Late To Consider Buying IndiaMART InterMESH Limited (NSE:INDIAMART)?

Dec 15

Capital Allocation Trends At IndiaMART InterMESH (NSE:INDIAMART) Aren't Ideal

Oct 15

I Ran A Stock Scan For Earnings Growth And IndiaMART InterMESH (NSE:INDIAMART) Passed With Ease

Sep 12

Is Now An Opportune Moment To Examine IndiaMART InterMESH Limited (NSE:INDIAMART)?

Aug 03

IndiaMART InterMESH (NSE:INDIAMART) Has Some Way To Go To Become A Multi-Bagger

Jun 02

With EPS Growth And More, IndiaMART InterMESH (NSE:INDIAMART) Is Interesting

May 18

Does IndiaMART InterMESH (NSE:INDIAMART) Have The DNA Of A Multi-Bagger?

Mar 04

Did You Miss IndiaMART InterMESH's (NSE:INDIAMART) Impressive 285% Share Price Gain?

Feb 11

Here's Why I Think IndiaMART InterMESH (NSE:INDIAMART) Might Deserve Your Attention Today

Jan 12

CEO Compensation Analysis

How has Dinesh Agarwal's remuneration changed compared to IndiaMART InterMESH's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	₹3b
Dec 31 2023	n/a	n/a	₹3b
Sep 30 2023	n/a	n/a	₹3b
Jun 30 2023	n/a	n/a	₹3b
Mar 31 2023	₹59m	₹38m	₹3b
Dec 31 2022	n/a	n/a	₹3b
Sep 30 2022	n/a	n/a	₹2b
Jun 30 2022	n/a	n/a	₹3b
Mar 31 2022	₹44m	₹35m	₹3b
Dec 31 2021	n/a	n/a	₹3b
Sep 30 2021	n/a	n/a	₹3b
Jun 30 2021	n/a	n/a	₹3b
Mar 31 2021	₹42m	₹27m	₹3b
Dec 31 2020	n/a	n/a	₹3b
Sep 30 2020	n/a	n/a	₹3b
Jun 30 2020	n/a	n/a	₹2b
Mar 31 2020	₹46m	₹28m	₹1b
Dec 31 2019	n/a	n/a	₹1b
Sep 30 2019	n/a	n/a	₹970m
Jun 30 2019	n/a	n/a	₹1b
Mar 31 2019	₹41m	₹40m	₹200m

Compensation vs Market: Dinesh's total compensation ($USD706.23K) is above average for companies of similar size in the Indian market ($USD433.15K).

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

CEO

Dinesh Agarwal (54 yo)

24.7yrs

Tenure

₹58,931,278

Compensation

Mr. Dinesh Chandra Agarwal founded IndiaMART InterMESH Limited in 1999 and serves as its Chief Executive Officer, Managing Director and Executive Director since September 13, 1999. He has experience in the...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Dinesh Agarwal	Founder	24.7yrs	₹58.93m	29.19% ₹ 46.2b
Brijesh Agrawal	Co-Founder & Whole-Time Director	28.3yrs	₹42.84m	20.06% ₹ 31.8b
Prateek Chandra	Chief Financial Officer	9.1yrs	₹28.65m	0.39% ₹ 615.2m
Dinesh Gulati	Chief Operating Officer	no data	₹44.37m	1.13% ₹ 1.8b
Sudhir Gupta	Senior Vice President of Finance & Accounts	no data	₹29.14m	0.072% ₹ 113.3m
Manoj Bhargava	Group General Counsel	5.9yrs	₹12.41m	0.010% ₹ 16.2m
Devendra Singh	Senior Vice President	no data	₹23.63m	0.092% ₹ 145.7m
Abhishek Bhartia	Senior Vice President	no data	₹23.73m	0.32% ₹ 501.8m
Amit Jain	Senior Vice President	no data	₹23.52m	0.082% ₹ 129.5m
Amarinder Dhaliwal	Chief Product Officer	7.7yrs	₹17.45m	0.14% ₹ 226.6m
Vikas Verma	Senior Vice President	no data	₹38.59m	0.031% ₹ 48.6m
Sunil Parolia	Senior Vice President	no data	₹18.27m	0.051% ₹ 80.9m

9.1yrs

Average Tenure

48.5yo

Average Age

Experienced Management: INDIAMART's management team is seasoned and experienced (9.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Dinesh Agarwal	Founder	24.7yrs	₹58.93m	29.19% ₹ 46.2b
Brijesh Agrawal	Co-Founder & Whole-Time Director	24.7yrs	₹42.84m	20.06% ₹ 31.8b
Rajesh Sawhney	Non-Executive Independent Director	13.3yrs	₹1.34m	0.017% ₹ 26.4m
Vivek Gour	Non-Executive Independent Director	6.1yrs	₹1.09m	0.016% ₹ 24.8m
Amit Behl	Observer	no data	no data	no data
Dhruv Prakash	Non-Independent Non-Executive Director	8.6yrs	₹3.61m	0.046% ₹ 72.8m
Pallavi Gupta	Lead Independent Director	1.6yrs	₹450.00k	0.00043% ₹ 681.3k

11.0yrs

Average Tenure

55.5yo

Average Age

Experienced Board: INDIAMART's board of directors are seasoned and experienced ( 11 years average tenure).

IndiaMART InterMESH Management

Management criteria checks 2/4

Key information

Recent management updates

IndiaMART InterMESH Limited Announces Resignation of Vivek Agrawal as Senior Vice President, Effective May 03, 2024

IndiaMART InterMESH Limited, Annual General Meeting, Jun 20, 2024

IndiaMART InterMESH Limited Announces Chief Financial Officer Changes

IndiaMART InterMESH Limited, Annual General Meeting, Jun 13, 2023

Insufficient new directors

IndiaMART InterMESH Limited Announces Resignation of Elizabeth Lucy Chapman as Independent Director

Recent updates

IndiaMART InterMESH Limited Announces Resignation of Vivek Agrawal as Senior Vice President, Effective May 03, 2024

IndiaMART InterMESH Limited, Annual General Meeting, Jun 20, 2024

Full year 2024 earnings: EPS exceeds analyst expectations

IndiaMART InterMESH Limited Recommends Final Dividend for the Financial Year 2023-24

IndiaMART InterMESH Limited to Report Q4, 2024 Results on Apr 30, 2024

IndiaMART InterMESH Limited's (NSE:INDIAMART) Share Price Not Quite Adding Up

IndiaMART InterMESH Limited Announces Chief Financial Officer Changes

Third quarter 2024 earnings: EPS exceeds analyst expectations

IndiaMART InterMESH Limited's (NSE:INDIAMART) Business Is Yet to Catch Up With Its Share Price

IndiaMART InterMESH Limited to Report Q3, 2024 Results on Jan 18, 2024

Investors Could Be Concerned With IndiaMART InterMESH's (NSE:INDIAMART) Returns On Capital

Does IndiaMART InterMESH (NSE:INDIAMART) Deserve A Spot On Your Watchlist?

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

IndiaMART InterMESH Limited to Report Q2, 2024 Results on Oct 27, 2023

There Are Reasons To Feel Uneasy About IndiaMART InterMESH's (NSE:INDIAMART) Returns On Capital

Is IndiaMART InterMESH (NSE:INDIAMART) Using Too Much Debt?

Price target increased by 8.2% to ₹3,183

IndiaMART InterMESH Limited (NSEI:INDIAMART) announces an Equity Buyback for 1,250,000 shares, representing 2.04% for INR 5,000 million.

With EPS Growth And More, IndiaMART InterMESH (NSE:INDIAMART) Makes An Interesting Case

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

IndiaMART InterMESH Limited to Report Q1, 2024 Results on Jul 20, 2023

IndiaMART InterMESH Limited Approves Dividend for the Financial Year Ended March 31, 2023

IndiaMART InterMESH Limited, Annual General Meeting, Jun 13, 2023

Full year 2023 earnings: Revenues and EPS in line with analyst expectations

Investor sentiment improves as stock rises 15%

Price target increased by 11% to ₹6,047

Some Investors May Be Worried About IndiaMART InterMESH's (NSE:INDIAMART) Returns On Capital

Here's Why IndiaMART InterMESH (NSE:INDIAMART) Can Manage Its Debt Responsibly

Third quarter 2023 earnings: EPS exceeds analyst expectations

IndiaMART InterMESH Limited to Report Q3, 2023 Results on Jan 19, 2023

There's Been No Shortage Of Growth Recently For IndiaMART InterMESH's (NSE:INDIAMART) Returns On Capital

Insufficient new directors

IndiaMART InterMESH Limited (NSEI:INDIAMART) entered into an agreement to acquire 7.96% stake in Mobisy Technologies Private Limited for Approximately INR 150 million.

IndiaMART InterMESH Limited (NSEI:INDIAMART) entered into an agreement to acquire 7.96% stake in Mobisy Technologies Private Limited for Approximately INR 150 million.

Second quarter 2023 earnings: EPS exceeds analyst expectations

IndiaMART InterMESH Limited to Report Q2, 2023 Results on Oct 20, 2022

IndiaMART InterMESH Limited Announces Resignation of Elizabeth Lucy Chapman as Independent Director

IndiaMART InterMESH Limited Declares Dividend for the Financial Year Ended March 31, 2022

Is There Now An Opportunity In IndiaMART InterMESH Limited (NSE:INDIAMART)?

IndiaMART InterMESH Limited Proposes Dividend for the Financial Year 2021-22

Here's What's Concerning About IndiaMART InterMESH's (NSE:INDIAMART) Returns On Capital

Upcoming dividend of ₹2.00 per share

IndiaMART InterMESH (NSE:INDIAMART) Has A Pretty Healthy Balance Sheet

Price target decreased to ₹4,941

IndiaMART InterMESH Limited, Annual General Meeting, Sep 20, 2022

First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

IndiaMART InterMESH Limited to Report Q1, 2023 Results on Jul 21, 2022

Price target decreased to ₹5,522

IndiaMART InterMESH's (NSE:INDIAMART) Returns On Capital Not Reflecting Well On The Business

What Is IndiaMART InterMESH Limited's (NSE:INDIAMART) Share Price Doing?

Consensus forecasts updated

Full year 2022 earnings: EPS misses analyst expectations

Insufficient new directors

IndiaMART InterMESH Limited to Report Q4, 2022 Results on Apr 28, 2022

IndiaMART InterMESH Limited (NSEI:INDIAMART) completed the acquisition of Busy Infotech Pvt. Ltd.

Investor sentiment improved over the past week

Is IndiaMART InterMESH (NSE:INDIAMART) Using Too Much Debt?

IndiaMART InterMESH Limited (NSEI:INDIAMART) entered into an agreement to acquire a 26% stake in IB Monotaro Private Limited from MonotaRO Co., Ltd. (TSE:3064) and Emtex Engineering PVT. Ltd. for INR 1 billion.

IndiaMART InterMESH Limited (NSEI:INDIAMART) entered into an agreement to acquire a 26% stake in IB MONOTARO PRIVATE LIMITED for INR 1 billion.

Price target decreased to ₹6,123

IndiaMART InterMESH (NSE:INDIAMART) Hasn't Managed To Accelerate Its Returns

Price target decreased to ₹6,981

IndiaMART InterMESH Limited (NSEI:INDIAMART) entered into an agreement to acquire Busy Infotech Pvt. Ltd for INR 5 billion.

IndiaMART InterMESH Limited's (NSE:INDIAMART) Intrinsic Value Is Potentially 19% Below Its Share Price

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

IndiaMart InterMESH Says Unit to Buy 26.01% Stake in Easyecom

Is It Too Late To Consider Buying IndiaMART InterMESH Limited (NSE:INDIAMART)?

IndiaMART InterMESH Limited (NSEI:INDIAMART) completed the acquisition of 7.7% stake in Mynd Solutions Pvt. Ltd. from India Opportunity Fund, a fund managed by SIDBI Venture Capital Limited.

Investor sentiment deteriorated over the past week