Mallcom (India) Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Ajay Mall

Chief executive officer

₹5.2m

Total compensation

CEO salary percentage	100.0%
CEO tenure	40.9yrs
CEO ownership	18.7%
Management average tenure	no data
Board average tenure	4.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ajay Mall's remuneration changed compared to Mallcom (India)'s earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	₹363m
Mar 31 2024	₹5m	₹5m	₹363m
Dec 31 2023	n/a	n/a	₹341m
Sep 30 2023	n/a	n/a	₹378m
Jun 30 2023	n/a	n/a	₹380m
Mar 31 2023	₹14m	₹4m	₹369m
Dec 31 2022	n/a	n/a	₹372m
Sep 30 2022	n/a	n/a	₹349m
Jun 30 2022	n/a	n/a	₹351m
Mar 31 2022	₹4m	₹4m	₹326m
Dec 31 2021	n/a	n/a	₹322m
Sep 30 2021	n/a	n/a	₹331m
Jun 30 2021	n/a	n/a	₹303m
Mar 31 2021	₹4m	₹4m	₹283m
Dec 31 2020	n/a	n/a	₹231m
Sep 30 2020	n/a	n/a	₹203m
Jun 30 2020	n/a	n/a	₹183m
Mar 31 2020	₹4m	₹4m	₹189m
Dec 31 2019	n/a	n/a	₹173m
Sep 30 2019	n/a	n/a	₹162m
Jun 30 2019	n/a	n/a	₹160m
Mar 31 2019	₹3m	₹3m	₹150m
Mar 31 2018	₹3m	₹3m	₹84m

Compensation vs Market: Ajay's total compensation ($USD61.35K) is above average for companies of similar size in the Indian market ($USD42.81K).

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

CEO

Ajay Mall

40.9yrs

Tenure

₹5,159,064

Compensation

Mr. Ajay Kumar Mall serves as the Chairman, Chief Executive Officer and Managing Director of Mallcom (India) Limited and has been its Director since December 13, 1983.

Board Members

Name	Position	Tenure	Compensation	Ownership
Ajay Mall	Chairman	40.9yrs	₹5.16m	18.69% ₹ 1.8b
Giriraj Mall	Executive Director	14.3yrs	₹4.09m	0.66% ₹ 61.8m
Arindam Bose	Non-Executive & Non-Independent Director	4.6yrs	₹80.00k	no data
Himanshu Rai	Non-Executive Independent Director	4.1yrs	₹40.00k	no data
Mayuri Dhavale	Non-Executive Independent Director	less than a year	no data	no data
Srishty Mehra	Non-Executive Independent Director	less than a year	no data	no data

4.3yrs

Average Tenure

51.5yo

Average Age

Experienced Board: 539400's board of directors are considered experienced (4.3 years average tenure).

Mallcom (India) Management

Management criteria checks 2/4

Key information

Recent management updates

Mallcom (India) Limited, Annual General Meeting, Sep 19, 2024

Mallcom (India) Limited Approves the Appointment of Gaurav Raj as Company Secretary and Compliance Officer

Mallcom (India) Limited Announces Resignation of Ms. Shalini Ojha as Company Secretary & Compliance Officer

Insufficient new directors

Mallcom (India) Limited, Annual General Meeting, Sep 11, 2023

Mallcom (India) Limited Appoints Mrs. Shalini Ojha as Company Secretary Cum Compliance Officer with Effect from May 29, 2023

Recent updates

Mallcom (India) Limited to Report Q2, 2025 Results on Nov 12, 2024

Investor sentiment improves as stock rises 17%

New major risk - Share price stability

Dividend of ₹3.00 announced

Mallcom (India) Limited, Annual General Meeting, Sep 19, 2024

First quarter 2025 earnings released: EPS: ₹13.07 (vs ₹13.66 in 1Q 2024)

Investor sentiment improves as stock rises 22%

Mallcom (India) Limited Recommends Final Dividend for the Financial Year 2023-24

Mallcom (India) Limited to Report Q4, 2024 Results on May 28, 2024

Investor sentiment improves as stock rises 25%

Third quarter 2024 earnings released: EPS: ₹10.95 (vs ₹16.86 in 3Q 2023)

Mallcom (India) Limited Approves the Appointment of Gaurav Raj as Company Secretary and Compliance Officer

Mallcom (India) Limited Announces Resignation of Ms. Shalini Ojha as Company Secretary & Compliance Officer

Mallcom (India) Limited to Report Q3, 2024 Results on Feb 12, 2024

Now 20% undervalued

Second quarter 2024 earnings released: EPS: ₹14.67 (vs ₹15.19 in 2Q 2023)

Insufficient new directors

Upcoming dividend of ₹3.00 per share at 0.3% yield

Mallcom (India) Limited, Annual General Meeting, Sep 11, 2023

First quarter 2024 earnings released: EPS: ₹13.66 (vs ₹11.12 in 1Q 2023)

Mallcom (India) Limited to Report Q1, 2024 Results on Aug 07, 2023

New minor risk - Share price stability

Investor sentiment improves as stock rises 20%

Full year 2023 earnings released: EPS: ₹59.19 (vs ₹52.28 in FY 2022)

Mallcom (India) Limited Appoints Mrs. Shalini Ojha as Company Secretary Cum Compliance Officer with Effect from May 29, 2023

Third quarter 2023 earnings released: EPS: ₹15.49 (vs ₹12.33 in 3Q 2022)

Mallcom (India) Limited (BSE:539400) agreed to acquire remaining 25% stake in Mallcom Safety Private Limited for INR 42 million.

Mallcom (India) Limited to Report Q3, 2023 Results on Feb 08, 2023

Mallcom (India) Limited to Report Q2, 2023 Results on Nov 10, 2022

Mallcom (India) Limited Declares Dividend for the Financial Year Ended March 31, 2022

Upcoming dividend of ₹3.00 per share

Mallcom (India) Limited, Annual General Meeting, Sep 19, 2022

Mallcom (India) Limited Appoints Anushree Biswas as Company Secretary and Compliance Officer

Mallcom (India) Limited Announces the Resignation of Shuvanki Purakayastha as Company Secretary and Compliance Officer

First quarter 2023 earnings released: EPS: ₹11.12 (vs ₹8.04 in 1Q 2022)

Mallcom (India) Limited to Report Q1, 2023 Results on Jul 30, 2022

Full year 2022 earnings released: EPS: ₹50.57 (vs ₹45.30 in FY 2021)

Mallcom (India) Limited Recommends Dividend for the Year 2021-22

Mallcom (India) Limited to Report Q4, 2022 Results on May 30, 2022

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

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

Mallcom (India) Limited to Report Q3, 2022 Results on Feb 11, 2022

Investor sentiment improved over the past week

Upcoming dividend of ₹3.00 per share

First quarter 2022 earnings released: EPS ₹8.04 (vs ₹4.76 in 1Q 2021)

Full year 2021 earnings released: EPS ₹45.30 (vs ₹30.26 in FY 2020)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

New 90-day high: ₹378

Mallcom (India) Limited to Report Q3, 2021 Results on Feb 08, 2021

Mallcom (India) Limited Announces Resignation of Gaurav Kumar Choudhary as Non-Executive Independent Director

Investor sentiment improved over the past week

New 90-day high: ₹310

Market bids up stock over the past week

New 90-day high: ₹267

Mallcom (India) Limited to Report Q2, 2021 Results on Nov 12, 2020

New 90-day low: ₹220

New 90-day low - ₹239

New 90-day low - ₹240

CEO Compensation Analysis

CEO

Tenure

Compensation

Board Members

Average Tenure

Average Age