IFB Industries Limited

BSE:505726 Stock Report

Market Cap: ₹81.0b

IFB Industries Management

Management criteria checks 3/4

IFB Industries' CEO is Bikram Nag, appointed in Oct 2008, has a tenure of 16.25 years. total yearly compensation is ₹6.07M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 0.007% of the company’s shares, worth ₹5.99M. The average tenure of the management team and the board of directors is 1.6 years and 7 years respectively.

Key information

Bikram Nag

Chief executive officer

₹6.1m

Total compensation

CEO salary percentage100.0%
CEO tenure16.3yrs
CEO ownership0.007%
Management average tenure1.6yrs
Board average tenure7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Bikram Nag's remuneration changed compared to IFB Industries's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹984m

Jun 30 2024n/an/a

₹885m

Mar 31 2024₹6m₹6m

₹504m

Dec 31 2023n/an/a

₹284m

Sep 30 2023n/an/a

₹98m

Jun 30 2023n/an/a

₹124m

Mar 31 2023₹5m₹5m

₹149m

Dec 31 2022n/an/a

-₹34m

Sep 30 2022n/an/a

-₹55m

Jun 30 2022n/an/a

-₹50m

Mar 31 2022₹7m₹7m

-₹482m

Dec 31 2021n/an/a

-₹122m

Sep 30 2021n/an/a

₹597m

Jun 30 2021n/an/a

₹670m

Mar 31 2021₹9m₹9m

₹641m

Dec 31 2020n/an/a

₹360m

Sep 30 2020n/an/a

-₹178m

Jun 30 2020n/an/a

-₹276m

Mar 31 2020₹9m₹9m

₹274m

Compensation vs Market: Bikram's total compensation ($USD70.60K) is below average for companies of similar size in the Indian market ($USD350.50K).

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


CEO

Bikram Nag (51 yo)

16.3yrs

Tenure

₹6,066,353

Compensation

Mr. Bikramjit Nag, also known as Bikram, is Executive Chairman & MD of IFB Industries Limited from February 1, 2024. Mr. Nag was Joint Executive Chairman & MD of IFB Industries Limited from October 31, 200...


Leadership Team

NamePositionTenureCompensationOwnership
Bikramjit Nag
Executive Chairman & MD16.3yrs₹6.07m0.0074%
₹ 6.0m
Amar Negi
Executive Director - Service Business Head & Additional Directorno data₹12.50m0.050%
₹ 40.5m
Soumitra Goswami
Chief Financial Officerless than a yearno datano data
Smita Agarwal
General Manager of Financeno datano datano data
Ritesh Agarwal
Company Secretary & Compliance Officer1.6yrsno datano data
Sujan Kumar Dastidar
President of Legalno datano datano data
B. Shetye
Senior Vice President of Sustainability - Home Appliances Divisionno datano datano data
Amitabha Nag
Senior Presidentno data₹7.16mno data
Ranjan Mathur
Business Head of Cooking productsno datano datano data
K. R. Prasad
Chief Executive Officer of Bangalore Engineering Factoryno datano datano data
Arup Das
Head of M&A and New business - Engineering Divisionno datano datano data
Rajan Rahi
Sales Head of Home Appliances Divisionno datano datano data

1.6yrs

Average Tenure

59yo

Average Age

Experienced Management: 505726's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Bikramjit Nag
Executive Chairman & MD16.3yrs₹6.07m0.0074%
₹ 6.0m
Amar Negi
Executive Director - Service Business Head & Additional Director4.3yrs₹12.50m0.050%
₹ 40.5m
Collegal Govindaraj
Executive Director of Manufacturingless than a yearno datano data
Narayana Panth
Head of R&Dno datano datano data
Panamanna Narayanan
MD of Engineering Division & Executive Director1.2yrsno datano data
Sudip Banerjee
Non-Executive Director12.8yrs₹1.07mno data
Desh Dogra
Additional Non-Executive Independent Director3.9yrs₹760.00kno data
Ashok Bhandari
Non-Executive Independent Director7yrs₹1.39mno data
Chacko Joseph
Non-Executive Independent Director5.2yrs₹1.14mno data
Rahul Choudhary
Non-Executive Independent Director7.5yrs₹1.08mno data
Sangeeta Sumesh
Non-Executive Independent Director10yrs₹1.21mno data
Ashok Bhandari
Non-Executive Independent Director7yrs₹1.32mno data

7.0yrs

Average Tenure

64yo

Average Age

Experienced Board: 505726's board of directors are considered experienced (7 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/09 12:06
End of Day Share Price 2025/01/09 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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 here.

Analysis Model and Snowflake

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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 .

Analyst Sources

IFB Industries Limited is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Vijayaraghavan SwaminathanAvendus Spark
Chirag MuchhalaCentrum Broking Limited
Manoj GoriEquirus Securities Private Limited