Why We Think The CEO Of Kewal Kiran Clothing Limited (NSE:KKCL) May Soon See A Pay Rise
Key Insights
- Kewal Kiran Clothing's Annual General Meeting to take place on 23rd of September
- Total pay for CEO Kewalchand Jain includes ₹11.8m salary
- Total compensation is 63% below industry average
- Over the past three years, Kewal Kiran Clothing's EPS grew by 18% and over the past three years, the total shareholder return was 34%
The impressive results at Kewal Kiran Clothing Limited (NSE:KKCL) recently will be great news for shareholders. This would be kept in mind at the upcoming AGM on 23rd of September which will be a chance for them to hear the board review the financial results, discuss future company strategy and vote on resolutions such as executive remuneration and other matters. We think the CEO has done a pretty decent job and probably deserves a well-earned pay rise.
See our latest analysis for Kewal Kiran Clothing
Comparing Kewal Kiran Clothing Limited's CEO Compensation With The Industry
Our data indicates that Kewal Kiran Clothing Limited has a market capitalization of ₹34b, and total annual CEO compensation was reported as ₹13m for the year to March 2025. This was the same as last year. In particular, the salary of ₹11.8m, makes up a huge portion of the total compensation being paid to the CEO.
In comparison with other companies in the Indian Luxury industry with market capitalizations ranging from ₹18b to ₹70b, the reported median CEO total compensation was ₹34m. This suggests that Kewalchand Jain is paid below the industry median. What's more, Kewalchand Jain holds ₹19b worth of shares in the company in their own name, indicating that they have a lot of skin in the game.
| Component | 2025 | 2024 | Proportion (2025) |
| Salary | ₹12m | ₹12m | 94% |
| Other | ₹708k | ₹708k | 6% |
| Total Compensation | ₹13m | ₹13m | 100% |
Talking in terms of the industry, salary represented approximately 99% of total compensation out of all the companies we analyzed, while other remuneration made up 1% of the pie. Kewal Kiran Clothing is largely mirroring the industry average when it comes to the share a salary enjoys in overall compensation. 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 Kewal Kiran Clothing Limited's Growth Numbers
Kewal Kiran Clothing Limited's earnings per share (EPS) grew 18% per year over the last three years. It achieved revenue growth of 30% over the last year.
Overall this is a positive result for shareholders, showing that the company has improved in recent years. The combination of strong revenue growth with medium-term EPS improvement certainly points to the kind of growth we like to see. Historical performance can sometimes be a good indicator on what's coming up next but if you want to peer into the company's future you might be interested in this free visualization of analyst forecasts.
Has Kewal Kiran Clothing Limited Been A Good Investment?
Most shareholders would probably be pleased with Kewal Kiran Clothing Limited for providing a total return of 34% over three years. As a result, some may believe the CEO should be paid more than is normal for companies of similar size.
In Summary...
The company's solid performance might have made most shareholders happy, possibly making CEO remuneration the least of the matters to be discussed in the AGM. However, investors will get the chance to engage on key strategic initiatives and future growth opportunities for the company and set their longer-term expectations.
While it is important to pay attention to CEO remuneration, investors should also consider other elements of the business. That's why we did some digging and identified 1 warning sign for Kewal Kiran Clothing that investors should think about before committing capital to this stock.
Switching gears from Kewal Kiran Clothing, if you're hunting for a pristine balance sheet and premium returns, this free list of high return, low debt companies is a great place to look.
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Discover if Kewal Kiran Clothing might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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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.