Mallcom (India) Limited's (NSE:MALLCOM) CEO Compensation Is Looking A Bit Stretched At The Moment

Key Insights

• Mallcom (India) will host its Annual General Meeting on 30th of August
• Salary of ₹5.77m is part of CEO Ajay Mall's total remuneration
• The total compensation is 99% higher than the average for the industry
• Mallcom (India)'s total shareholder return over the past three years was 80% while its EPS grew by 19% over the past three years

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Under the guidance of CEO Ajay Mall, Mallcom (India) Limited (NSE:MALLCOM) has performed reasonably well recently. In light of this performance, CEO compensation will probably not be the main focus for shareholders as they go into the AGM on 30th of August. However, some shareholders may still want to keep CEO compensation within reason.

See our latest analysis for Mallcom (India)

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

Our data indicates that Mallcom (India) Limited has a market capitalization of ₹7.6b, and total annual CEO compensation was reported as ₹5.8m for the year to March 2025. That's a notable increase of 12% on last year. Notably, the salary of ₹5.8m is the entirety of the CEO compensation.

In comparison with other companies in the Indian Commercial Services industry with market capitalizations under ₹17b, the reported median total CEO compensation was ₹2.9m. Hence, we can conclude that Ajay Mall is remunerated higher than the industry median. What's more, Ajay Mall holds ₹1.4b worth of shares in the company in their own name, indicating that they have a lot of skin in the game.

On an industry level, it's fascinating to see that all of total compensation represents salary and non-salary benefits do not factor into the equation at all. On a company level, Mallcom (India) prefers to reward its CEO through a salary, opting not to pay Ajay Mall through non-salary benefits. If salary dominates total compensation, it suggests that CEO compensation is leaning less towards the variable component, which is usually linked with performance.

A Look at Mallcom (India) Limited's Growth Numbers

Over the past three years, Mallcom (India) Limited has seen its earnings per share (EPS) grow by 19% per year. In the last year, its revenue is up 18%.

Shareholders would be glad to know that the company has improved itself over the last few years. This sort of respectable year-on-year revenue growth is often seen at a healthy, growing business. While we don't have analyst forecasts for the company, shareholders might want to examine this detailed historical graph of earnings, revenue and cash flow.

Has Mallcom (India) Limited Been A Good Investment?

Most shareholders would probably be pleased with Mallcom (India) Limited for providing a total return of 80% over three years. 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...

Mallcom (India) 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. However, any decision to raise CEO pay might be met with some objections from the shareholders given that the CEO is already paid higher than the industry average.

CEO compensation is a crucial aspect to keep your eyes on but investors also need to keep their eyes open for other issues related to business performance. That's why we did some digging and identified 2 warning signs for Mallcom (India) that you should be aware of before investing.

Important note: Mallcom (India) is an exciting stock, but we understand investors may be looking for an unencumbered balance sheet and blockbuster returns. You might find something better in this list of interesting companies with high ROE 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.