MITCON Consultancy & Engineering Services Limited

NSEI:MITCON Stock Report

Market Cap: ₹1.2b

MITCON Consultancy & Engineering Services Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Anand Chalwade

Chief executive officer

₹15.9m

Total compensation

CEO salary percentage100.00%
CEO tenure5.3yrs
CEO ownershipn/a
Management average tenure10yrs
Board average tenure4.5yrs

Recent management updates

Analysis Article • Sep 21

Shareholders Will Probably Hold Off On Increasing MITCON Consultancy & Engineering Services Limited's (NSE:MITCON) CEO Compensation For The Time Being

Key Insights MITCON Consultancy & Engineering Services' Annual General Meeting to take place on 27th of September Total...

Recent updates

Analysis Article • Jan 25

MITCON Consultancy & Engineering Services (NSE:MITCON) Is Looking To Continue Growing Its Returns On Capital

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Analysis Article • Jan 14

If EPS Growth Is Important To You, MITCON Consultancy & Engineering Services (NSE:MITCON) Presents An Opportunity

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article • Nov 15

Returns On Capital Are Showing Encouraging Signs At MITCON Consultancy & Engineering Services (NSE:MITCON)

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article • Sep 21

Shareholders Will Probably Hold Off On Increasing MITCON Consultancy & Engineering Services Limited's (NSE:MITCON) CEO Compensation For The Time Being

Key Insights MITCON Consultancy & Engineering Services' Annual General Meeting to take place on 27th of September Total...
Analysis Article • Aug 07

Do MITCON Consultancy & Engineering Services' (NSE:MITCON) Earnings Warrant Your Attention?

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article • Jun 15

MITCON Consultancy & Engineering Services Limited's (NSE:MITCON) Business Is Yet to Catch Up With Its Share Price

MITCON Consultancy & Engineering Services Limited's ( NSE:MITCON ) price-to-earnings (or "P/E") ratio of 35.9x might...
Analysis Article • Apr 30

If EPS Growth Is Important To You, MITCON Consultancy & Engineering Services (NSE:MITCON) Presents An Opportunity

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article • Mar 15

Risks Still Elevated At These Prices As MITCON Consultancy & Engineering Services Limited (NSE:MITCON) Shares Dive 26%

The MITCON Consultancy & Engineering Services Limited ( NSE:MITCON ) share price has softened a substantial 26% over...
Analysis Article • Jan 20

MITCON Consultancy & Engineering Services Limited (NSE:MITCON) Stocks Shoot Up 49% But Its P/E Still Looks Reasonable

Despite an already strong run, MITCON Consultancy & Engineering Services Limited ( NSE:MITCON ) shares have been...
Analysis Article • Nov 10

The Return Trends At MITCON Consultancy & Engineering Services (NSE:MITCON) Look Promising

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...
Analysis Article • Jul 20

Should You Be Adding MITCON Consultancy & Engineering Services (NSE:MITCON) To Your Watchlist Today?

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article • May 25

MITCON Consultancy & Engineering Services Limited (NSE:MITCON) Screens Well But There Might Be A Catch

There wouldn't be many who think MITCON Consultancy & Engineering Services Limited's ( NSE:MITCON ) price-to-earnings...
Analysis Article • Apr 12

MITCON Consultancy & Engineering Services (NSE:MITCON) Shareholders Will Want The ROCE Trajectory To Continue

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article • Jan 03

Does MITCON Consultancy & Engineering Services (NSE:MITCON) Have A Healthy Balance Sheet?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article • Sep 15

MITCON Consultancy & Engineering Services (NSE:MITCON) Has A Somewhat Strained Balance Sheet

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article • Aug 09

Returns At MITCON Consultancy & Engineering Services (NSE:MITCON) Are On The Way Up

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article • Mar 18

Slowing Rates Of Return At MITCON Consultancy & Engineering Services (NSE:MITCON) Leave Little Room For Excitement

What are the early trends we should look for to identify a stock that could multiply in value over the long term? One...
Analysis Article • Jan 12

MITCON Consultancy & Engineering Services (NSE:MITCON) Use Of Debt Could Be Considered Risky

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article • Aug 30

Estimating The Intrinsic Value Of MITCON Consultancy & Engineering Services Limited (NSE:MITCON)

How far off is MITCON Consultancy & Engineering Services Limited ( NSE:MITCON ) from its intrinsic value? Using the...
Analysis Article • May 27

Returns On Capital At MITCON Consultancy & Engineering Services (NSE:MITCON) Have Stalled

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...
Analysis Article • Jan 18

Will MITCON Consultancy & Engineering Services (NSE:MITCON) Multiply In Value Going Forward?

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...
Analysis Article • Nov 26

What We Learned About MITCON Consultancy & Engineering Services' (NSE:MITCON) CEO Pay

Pradeep Bavadekar became the CEO of MITCON Consultancy & Engineering Services Limited (NSE:MITCON) in 1995, and we...

CEO Compensation Analysis

How has Anand Chalwade's remuneration changed compared to MITCON Consultancy & Engineering Services's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

₹81m

Dec 31 2025n/an/a

₹51m

Sep 30 2025n/an/a

₹40m

Jun 30 2025n/an/a

₹39m

Mar 31 2025₹16m₹16m

₹56m

Dec 31 2024n/an/a

₹55m

Sep 30 2024n/an/a

₹63m

Jun 30 2024n/an/a

₹65m

Mar 31 2024₹16m₹16m

₹53m

Dec 31 2023n/an/a

₹47m

Sep 30 2023n/an/a

₹41m

Jun 30 2023n/an/a

₹59m

Mar 31 2023₹14m₹14m

₹42m

Dec 31 2022n/an/a

₹33m

Sep 30 2022n/an/a

₹36m

Jun 30 2022n/an/a

₹8m

Mar 31 2022₹7m₹7m

₹11m

Dec 31 2021n/an/a

₹3m

Sep 30 2021n/an/a

-₹9m

Jun 30 2021n/an/a

-₹14m

Mar 31 2021₹4mn/a

-₹20m

Sep 30 2020n/an/a

₹19m

Jun 30 2020n/an/a

₹19m

Mar 31 2020₹2mn/a

₹19m

Compensation vs Market: Anand's total compensation ($USD166.81K) is above average for companies of similar size in the Indian market ($USD41.50K).

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

CEO

Anand Chalwade (53 yo)

5.3yrs
Tenure
₹15,908,000
Compensation

Mr. Anand Chalwade serves as Director & Board of Director at Areion Asset Management Private Limited. He also serves as Managing Director of MITCON Consultancy and Engineering Services Limited since July 1...

Leadership Team

NamePositionTenureCompensationOwnership
Anand Chalwade
MD & Director5.3yrs₹15.91mno data
Ram Mapari
CFO & President12.2yrs₹3.14mno data
Harshad Joshi
President Energy Transition & COOno data₹6.95mno data
Ankita Agarwal
Senior VP of Compliance & Legal7.8yrs₹1.83mno data
Chandrashekhar Bhosale
President of Skills Development24.1yrs₹3.50mno data
Sandeep Jadhav
President of Environment Management Engineeringno data₹2.94mno data
Pankaj Deshmukh
President of Financial Advisory Servicesno data₹2.26mno data
Ganesh Khamgal
Executive Vice Presidentno data₹1.91mno data
Dhawal Marghade
Vice Presidentno data₹1.93mno data
Shailesh Borwankar
Assistant Vice President of HRno data₹458.33kno data
10.0yrs
Average Tenure
52yo
Average Age

Experienced Management: MITCON's management team is seasoned and experienced (10 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Anand Chalwade
MD & Director7.8yrs₹15.91mno data
Sharada Sunder
Non-Executive Independent Woman Director1.9yrs₹210.00kno data
Chaitanya Chintapalli
Non-Executive Independent Director4.8yrs₹500.00kno data
Ajay Agarwal
Non-Executive Non-Independent Chairman7.8yrs₹610.00k7.3%
₹ 85.0m
Sanjay Phadke
Non-Independent Director7.8yrs₹460.00kno data
Sudarshan Mohatta
Non-Executive Non-Independent Director4.2yrs₹350.00k0.69%
₹ 8.0m
Promila Agarwal
Non-Executive Independent Woman Director1.9yrs₹200.00kno data
Prakash Vaidya
Additional Independent Directorless than a yearno datano data
4.5yrs
Average Tenure
56.5yo
Average Age

Experienced Board: MITCON's board of directors are considered experienced (4.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/06 20:42
End of Day Share Price 2026/07/06 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

MITCON Consultancy & Engineering Services Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.