Bajaj Electricals Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Anuj Poddar

Chief executive officer

₹102.5m

Total compensation

CEO salary percentage	46.4%
CEO tenure	8yrs
CEO ownership	0.007%
Management average tenure	1.8yrs
Board average tenure	5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Anuj Poddar's remuneration changed compared to Bajaj Electricals's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	₹2b
Sep 30 2023	n/a	n/a	₹2b
Jun 30 2023	n/a	n/a	₹2b
Mar 31 2023	₹102m	₹48m	₹2b
Dec 31 2022	n/a	n/a	₹2b
Sep 30 2022	n/a	n/a	₹2b
Jun 30 2022	n/a	n/a	₹2b
Mar 31 2022	₹63m	₹35m	₹1b
Dec 31 2021	n/a	n/a	₹1b
Sep 30 2021	n/a	n/a	₹2b
Jun 30 2021	n/a	n/a	₹2b
Mar 31 2021	₹44m	₹30m	₹2b
Dec 31 2020	n/a	n/a	₹1b
Sep 30 2020	n/a	n/a	₹460m
Jun 30 2020	n/a	n/a	-₹396m
Mar 31 2020	₹29m	₹26m	-₹93m
Dec 31 2019	n/a	n/a	₹166m
Sep 30 2019	n/a	n/a	₹680m
Jun 30 2019	n/a	n/a	₹1b
Mar 31 2019	₹31m	₹12m	₹2b
Mar 31 2018	₹1m	n/a	₹836m

Compensation vs Market: Anuj's total compensation ($USD1.23M) is above average for companies of similar size in the Indian market ($USD448.32K).

Compensation vs Earnings: Anuj's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Anuj Poddar (49 yo)

8yrs

Tenure

₹102,481,000

Compensation

Mr. Anuj Poddar is an Executive Director of Bajaj Electricals Limited since November 1, 2018 and serves as its Managing Director & CEO at Bajaj Electricals Limited. He was Independent Non-Executive Directo...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Anuj Poddar	MD, CEO & Executive Director	no data	₹102.48m	0.0069% ₹ 7.4m
Ellatch Prasad	Chief Financial Officer	2.8yrs	no data	no data
Atul Sharma	President of Human Resources & Administration	no data	no data	no data
Ajay Nagle	Executive VP	less than a year	₹14.81m	0.012% ₹ 13.2m
Beena Koshy	Executive VP & International Head - Exports	no data	no data	no data
Krishna Raman	Country Head & Executive VP of Trade Sales (CP)	no data	no data	0.014% ₹ 15.3m
Rakesh Moolchandani	VP & Head of Sales - Modern Trade Business	no data	no data	0.0099% ₹ 10.6m
Rishiraj Haldankar	VP & Head of Internal Audit	no data	no data	0.011% ₹ 11.9m
Ravindra Negi	Chief Operating Officer of Consumer Products Business	1.8yrs	no data	no data
Rajesh Naik	Head of the Lighting Business	1.9yrs	no data	no data
Devika Sachdev	Head of Advertising & Brand Management	1.1yrs	no data	no data

1.8yrs

Average Tenure

51yo

Average Age

Experienced Management: 500031's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Anuj Poddar	MD, CEO & Executive Director	8yrs	₹102.48m	0.0069% ₹ 7.4m
Ajay Nagle	Executive VP	less than a year	₹14.81m	0.012% ₹ 13.2m
Shekharkumar Bajaj	Chairman	39.5yrs	₹116.93m	8.13% ₹ 8.7b
Rajivnayan Bajaj	Non-Executive Non-Independent Director	5yrs	₹1.20m	no data
Madhur Bajaj	Non-Executive Non-Independent Director	29.5yrs	₹1.20m	0.67% ₹ 721.6m
Shailesh Haribhakti	Non-Executive Independent Director	4.8yrs	₹2.60m	no data
Sudarshan Sampathkumar	Additional Independent Director	less than a year	no data	no data
Maneck Davar	Independent Director	less than a year	no data	no data
Pooja Bajaj	Non-Executive Non-Independent Director	5.5yrs	₹1.40m	1.34% ₹ 1.4b
Munish Khetrapal	Independent Non-Executive Director	5.5yrs	₹1.30m	no data
Radhika Dudhat	Independent Director	less than a year	no data	no data

5.0yrs

Average Tenure

57yo

Average Age

Experienced Board: 500031's board of directors are considered experienced (5 years average tenure).

Bajaj Electricals Management

Management criteria checks 1/4

Key information

Recent management updates

Munish Khetrapal to Not Seek Re-Appointment as an Independent Director, Effective October 31, 2023

Bajaj Electricals Limited Appoints Prashant Dalvi as Company Secretary & Chief Compliance Officer

Insider recently sold ₹1.2m worth of stock

Bajaj Electricals Limited, Annual General Meeting, Aug 10, 2023

Insider recently sold ₹1.1m worth of stock

Insider recently sold ₹4.7m worth of stock

Recent updates

Bajaj Electricals Limited to Report Fiscal Year 2024 Results on May 14, 2024

Consensus EPS estimates fall by 22%

Third quarter 2024 earnings released: EPS: ₹3.25 (vs ₹5.31 in 3Q 2023)

Bajaj Electricals Limited to Report Q3, 2024 Results on Feb 05, 2024

Consensus EPS estimates fall by 33%

Price target decreased by 7.2% to ₹1,232

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Bajaj Electricals Limited to Report Q2, 2024 Results on Nov 06, 2023

Munish Khetrapal to Not Seek Re-Appointment as an Independent Director, Effective October 31, 2023

New minor risk - Dividend sustainability

Bajaj Electricals Limited Declares Dividend for the Financial Year Ended March 31, 2023

Bajaj Electricals Limited to Report Q1, 2024 Results on Aug 10, 2023

New minor risk - Insider selling

Full year 2023 earnings: EPS misses analyst expectations

Bajaj Electricals Limited Appoints Prashant Dalvi as Company Secretary & Chief Compliance Officer

Insider recently sold ₹1.2m worth of stock

Bajaj Electricals Limited, Annual General Meeting, Aug 10, 2023

Full year 2023 earnings: EPS misses analyst expectations

Bajaj Electricals Limited to Report Fiscal Year 2023 Results on May 23, 2023

Insider recently sold ₹1.1m worth of stock

Third quarter 2023 earnings released: EPS: ₹5.31 (vs ₹4.20 in 3Q 2022)

Consensus EPS estimates fall by 15%

Bajaj Electricals Limited to Report Q3, 2023 Results on Feb 02, 2023

Insider recently sold ₹4.7m worth of stock

Insider recently sold ₹6.7m worth of stock

Insufficient new directors

Insider recently sold ₹2.3m worth of stock

Second quarter 2023 earnings released: EPS: ₹5.39 (vs ₹5.45 in 2Q 2022)

Bajaj Electricals Limited to Report Q2, 2023 Results on Nov 08, 2022

Insufficient new directors

Bajaj Electricals Limited to Report Q1, 2023 Results on Aug 12, 2022

Bajaj Electricals Limited Proposes Dividend for the Financial Year Ended March 31, 2022

Bajaj Electricals Limited Announces Business Reorganization

Insufficient new directors

Insider recently sold ₹1.8m worth of stock

Consensus EPS estimates fall by 20%

Price target decreased to ₹1,217

Full year 2022 earnings: EPS and revenues miss analyst expectations

Bajaj Electricals Limited Approves Amendment of its Dividend Distribution Policy

Price target decreased to ₹1,232

Bajaj Electricals Limited, Annual General Meeting, Aug 12, 2022

Investor sentiment deteriorated over the past week

Non-Executive Non-Independent Director recently sold ₹493m worth of stock

Insider recently sold ₹5.1m worth of stock

Investor sentiment improved over the past week

Second quarter 2022 earnings released: EPS ₹5.45 (vs ₹4.65 in 2Q 2021)

Insider recently sold ₹3.1m worth of stock

Bajaj Electricals Limited (BSE : 500031) agreed to acquire a 19.78% stake in Nirlep Appliances Private Limited from The Continuing Shareholders of Nirlep Appliances Private Limited.

Consensus EPS estimates fall to ₹24.70

Full year 2021 earnings released: EPS ₹16.68 (vs ₹0.89 loss in FY 2020)

Insider recently sold ₹3.5m worth of stock

Insider recently sold ₹10m worth of stock

Mahindra Logistics with Bajaj Electricals Announces Project `Samriddhi' for Integrated Logistics Services

Insider recently sold ₹1.5m worth of stock

Insider recently sold ₹7.6m worth of stock

Analysts increase EPS estimates to ₹17.20

New 90-day high: ₹921

Price target raised to ₹786

Third quarter 2021 earnings released: EPS ₹8.59 (vs ₹0.91 in 3Q 2020)

Bajaj Electricals Limited to Report Q3, 2021 Results on Feb 04, 2021

Insider recently sold ₹1.2m worth of stock

New 90-day high: ₹636

Insider recently sold ₹1.5m worth of stock

New 90-day high: ₹625

Insider recently sold ₹5.5m worth of stock

Analysts increase EPS estimates to ₹6.60

New 90-day high: ₹549

Price target raised to ₹561

Second quarter 2021 earnings released: EPS ₹4.65