This Is Why We Think Technocraft Industries (India) Limited's (NSE:TIIL) CEO Might Get A Pay Rise Approved By Shareholders

Key Insights

• Technocraft Industries (India) will host its Annual General Meeting on 30th of September
• Total pay for CEO Navneet Saraf includes ₹14.6m salary
• Total compensation is 56% below industry average
• Over the past three years, Technocraft Industries (India)'s EPS grew by 1.3% and over the past three years, the total shareholder return was 223%

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Shareholders will be pleased by the robust performance of Technocraft Industries (India) Limited (NSE:TIIL) recently and this will be kept in mind in the upcoming AGM on 30th of September. The focus will probably be on the future strategic initiatives that the board and management will put in place to improve the business rather than executive remuneration when they cast their votes on company resolutions. In our analysis below, we discuss why we think the CEO compensation looks acceptable and the case for a raise.

View our latest analysis for Technocraft Industries (India)

Comparing Technocraft Industries (India) Limited's CEO Compensation With The Industry

Our data indicates that Technocraft Industries (India) Limited has a market capitalization of ₹56b, and total annual CEO compensation was reported as ₹15m for the year to March 2025. This was the same as last year. Notably, the salary of ₹15m is the entirety of the CEO compensation.

On comparing similar companies from the Indian Machinery industry with market caps ranging from ₹35b to ₹142b, we found that the median CEO total compensation was ₹33m. In other words, Technocraft Industries (India) pays its CEO lower than the industry median. Furthermore, Navneet Saraf directly owns ₹3.3b worth of shares in the company, implying that they are deeply invested in the company's success.

On an industry level, roughly 97% of total compensation represents salary and 3% is other remuneration. Speaking on a company level, Technocraft Industries (India) prefers to tread along a traditional path, disbursing all compensation through a salary. If salary is the major component in total compensation, it suggests that the CEO receives a higher fixed proportion of the total compensation, regardless of performance.

A Look at Technocraft Industries (India) Limited's Growth Numbers

Technocraft Industries (India) Limited has seen its earnings per share (EPS) increase by 1.3% a year over the past three years. In the last year, its revenue is up 16%.

We would argue that the modest growth in revenue is a notable positive. And the modest growth in EPS isn't bad, either. So while performance isn't amazing, we think it really does seem quite respectable. 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 Technocraft Industries (India) Limited Been A Good Investment?

We think that the total shareholder return of 223%, over three years, would leave most Technocraft Industries (India) Limited shareholders smiling. 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.

To Conclude...

Technocraft Industries (India) rewards its CEO solely through a salary, ignoring non-salary benefits completely. The company's overall performance, while not bad, could be better. If it continues on the same road, shareholders might feel even more confident about their investment, and have little to no objections concerning CEO pay. Rather, investors would more likely want to engage on discussions related to key strategic initiatives and future growth opportunities for the company and set their longer-term expectations.

While it is important to pay attention to CEO remuneration, investors should also consider other elements of the business. That's why we did some digging and identified 1 warning sign for Technocraft Industries (India) that investors should think about before committing capital to this stock.

Arguably, business quality is much more important than CEO compensation levels. So check out this free list of interesting companies that have HIGH return on equity and low debt.

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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.