Bata India Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Gunjan Dinesh Shah

Chief executive officer

₹49.8m

Total compensation

CEO salary percentage	75.5%
CEO tenure	2.9yrs
CEO ownership	n/a
Management average tenure	5.4yrs
Board average tenure	3.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Gunjan Dinesh Shah's remuneration changed compared to Bata India's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	₹3b
Sep 30 2023	n/a	n/a	₹3b
Jun 30 2023	n/a	n/a	₹3b
Mar 31 2023	₹50m	₹38m	₹3b
Dec 31 2022	n/a	n/a	₹3b
Sep 30 2022	n/a	n/a	₹3b
Jun 30 2022	n/a	n/a	₹3b
Mar 31 2022	₹36m	₹27m	₹1b

Compensation vs Market: Gunjan Dinesh's total compensation ($USD596.75K) is above average for companies of similar size in the Indian market ($USD432.47K).

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

CEO

Gunjan Dinesh Shah (48 yo)

2.9yrs

Tenure

₹49,750,000

Compensation

Mr. Gunjan Dinesh Kumar Shah is Managing Director, Chief Executive Officer and Executive Director of Bata India Limited since October 01, 2021. Mr. Shah was Chief Executive Officer and Whole-time Director...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Gunjan Dinesh Shah	MD, CEO & Director	2.9yrs	₹49.75m	no data
Nitin Bagaria	Company Secretary & Compliance Officer	4yrs	₹6.87m	no data
Anil Somani	CFO, Director of Finance & Whole-Time Director	1.1yrs	no data	no data
Jyotirmoy Banerjee	Investor Relations Manager	no data	no data	no data
Anand Narang	VP of Marketing & Customer Services and Head of Marketing & Customer Services	7.9yrs	₹13.20m	no data
Pooja Minocha	Head of Human Resources	no data	no data	no data
Rajeev Gopalakrishnan	President - Asia-Pacific Market at Bata Global Group	6.8yrs	₹55.50m	no data
Kumar Verma	Head of Omni Channel	no data	no data	no data
Sanjay Kanth	Senior VP of Manufacturing & Sourcing and Head of Manufacturing & Sourcing	11.8yrs	₹19.34m	no data
Vijay Gogate	Head of Matured Market	no data	no data	no data
Matteo Lambert	Chief Collection Manager	no data	₹21.08m	no data
Vinod Mangla	Global Audit Head	no data	no data	no data

5.4yrs

Average Tenure

50yo

Average Age

Experienced Management: 500043's management team is seasoned and experienced (5.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Gunjan Dinesh Shah	MD, CEO & Director	2.9yrs	₹49.75m	no data
Anil Somani	CFO, Director of Finance & Whole-Time Director	1.1yrs	no data	no data
Ashwani Windlass	Independent Non-Executive Chairman	4.5yrs	₹5.93m	no data
Shaibal Sinha	Non-Executive Non-Independent Director	3.3yrs	₹17.64m	no data
Ravindra Dhariwal	Non-Executive Non-Independent Director	9yrs	₹4.70m	no data
Ashok Barat	Independent Non-Executive Director	5.4yrs	₹4.78m	no data
Akshay Kumar Chudasama	Independent Non-Executive Director	13.1yrs	₹16.80m	no data
Gerd Graehsler	Non-Executive Non-Independent Director	no data	no data	no data
Radha Rajappa	Independent Non-Executive Director	2.9yrs	₹3.68m	no data
Kanchan Chehal	Non-Executive Director	2.8yrs	₹13.41m	0.000010% ₹ 17.2k

3.3yrs

Average Tenure

58.5yo

Average Age

Experienced Board: 500043's board of directors are considered experienced (3.3 years average tenure).

Bata India Management

Management criteria checks 2/4

Key information

Recent management updates

Bata India Limited Appoints Ashish Bansal as Head-Internal Audit, Effective from April 22, 2024

Bata India Limited Appoints Satyam Sharma as Head - Merchandising

Bata India Limited Announces Resignation of Tushar Kant Gupta as Head-Merchandising

Bata India Limited, Annual General Meeting, Aug 10, 2023

High number of new directors

Bata India Limited Appoints Anil Somani as the Chief Financial Officer

Recent updates

Bata India Limited Appoints Ashish Bansal as Head-Internal Audit, Effective from April 22, 2024

Bata India Limited Appoints Satyam Sharma as Head - Merchandising

Price target decreased by 7.3% to ₹1,536

Third quarter 2024 earnings released: EPS: ₹4.51 (vs ₹5.47 in 3Q 2023)

Bata India Limited to Report Q3, 2024 Results on Feb 01, 2024

Consensus EPS estimates fall by 10%

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Bata India Limited to Report Q2, 2024 Results on Nov 08, 2023

Bata India Limited Announces Resignation of Tushar Kant Gupta as Head-Merchandising

Bata India Limited Approves Dividend for the Financial Year Ended March 31, 2023

New minor risk - Financial position

Bata India Limited to Report Q1, 2024 Results on Aug 09, 2023

Upcoming dividend of ₹13.50 per share at 0.8% yield

Full year 2023 earnings: EPS and revenues miss analyst expectations

Bata India Limited Recommends Dividend for the Financial Year Ended March 31, 2023

Bata India Limited, Annual General Meeting, Aug 10, 2023

High number of new directors

Price target decreased by 7.2% to ₹1,852

Third quarter 2023 earnings released: EPS: ₹5.47 (vs ₹5.63 in 3Q 2022)

Bata India Limited to Report Q3, 2023 Results on Feb 14, 2023

Bata India Limited Appoints Anil Somani as the Chief Financial Officer

High number of new directors

Second quarter 2023 earnings released: EPS: ₹4.27 (vs ₹2.89 in 2Q 2022)

Bata India Limited to Report Q2, 2022 Results on Nov 10, 2022

Bata India Limited Announces Change in Directorate

Bata India Limited to Report Q1, 2023 Results on Aug 11, 2022

Upcoming dividend of ₹54.50 per share

Full year 2022 earnings: EPS and revenues miss analyst expectations

Bata India Limited, Annual General Meeting, Aug 12, 2022

Full year 2022 earnings: EPS and revenues miss analyst expectations

Bata India Limited Recommends Dividend for the Year Ended March 31, 2022

Bata India Limited Recommends Special Dividend for the Year Ended March 31, 2022

High number of new directors

Consensus EPS estimates fall by 38%

Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Price target increased to ₹2,015

Second quarter 2022 earnings released: EPS ₹2.89 (vs ₹3.45 loss in 2Q 2021)

Price target increased to ₹1,813

High number of new directors

Upcoming dividend of ₹4.00 per share

Full year 2021 earnings released: ₹6.95 loss per share (vs ₹25.59 profit in FY 2020)

Director Ram Gupta has left the company

Full year 2021 earnings released: ₹6.95 loss per share (vs ₹25.59 profit in FY 2020)

Amrex Marketing Private Limited acquired an additional 2% stake in Woodlands Multispeciality Hospital Limited from Bata India Limited (BSE:500043).

New 90-day low: ₹1,467

Third quarter 2021 earnings released: EPS ₹2.06 (vs ₹9.20 in 3Q 2020)

Bata India Limited to Report Q3, 2021 Results on Feb 10, 2021

Bata India Limited Announces Executive Changes

New 90-day high: ₹1,660

Price target raised to ₹1,364

Bata India Limited Announces Appointment of Mr. Shaibal Sinha as an Additional Director

New 90-day high: ₹1,627

New 90-day high: ₹1,431

Second quarter 2021 earnings released: ₹3.45 loss per share

Bata India Limited to Report Q2, 2021 Results on Nov 10, 2020

New 90-day high: ₹1,374

New 90-day low - ₹1,236

First quarter earnings released

Bata India Limited to Report Q1, 2021 Results on Aug 07, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age