Thomas Cook (India) Management

Management criteria checks 4/4

Thomas Cook (India)'s CEO is Mahesh Iyer, appointed in Feb 2017, has a tenure of 7.17 years. total yearly compensation is ₹34.52M, comprised of 15.7% salary and 84.3% bonuses, including company stock and options. directly owns 0.084% of the company’s shares, worth ₹79.63M. The average tenure of the management team and the board of directors is 7.6 years and 8.3 years respectively.

Key information

Mahesh Iyer

Chief executive officer

₹34.5m

Total compensation

CEO salary percentage	15.7%
CEO tenure	7.2yrs
CEO ownership	0.08%
Management average tenure	7.6yrs
Board average tenure	8.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mahesh Iyer's remuneration changed compared to Thomas Cook (India)'s earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	₹2b
Sep 30 2023	n/a	n/a	₹1b
Jun 30 2023	n/a	n/a	₹832m
Mar 31 2023	₹35m	₹5m	₹44m
Dec 31 2022	n/a	n/a	-₹646m
Sep 30 2022	n/a	n/a	-₹1b
Jun 30 2022	n/a	n/a	-₹2b
Mar 31 2022	₹18m	₹5m	-₹3b
Dec 31 2021	n/a	n/a	-₹2b
Sep 30 2021	n/a	n/a	-₹2b
Jun 30 2021	n/a	n/a	-₹2b
Mar 31 2021	₹12m	₹5m	-₹3b
Dec 31 2020	n/a	n/a	-₹2b
Sep 30 2020	n/a	n/a	-₹2b
Jun 30 2020	n/a	n/a	-₹1b
Mar 31 2020	₹33m	₹5m	-₹7m
Dec 31 2019	n/a	n/a	₹119m
Sep 30 2019	n/a	n/a	₹493m
Jun 30 2019	n/a	n/a	₹370m
Mar 31 2019	₹35m	₹5m	₹848m
Dec 31 2018	n/a	n/a	₹59b
Sep 30 2018	n/a	n/a	₹59b
Jun 30 2018	n/a	n/a	₹60b
Mar 31 2018	₹30m	₹15m	₹60b

Compensation vs Market: Mahesh's total compensation ($USD414.13K) is about average for companies of similar size in the Indian market ($USD381.71K).

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

CEO

Mahesh Iyer (50 yo)

7.2yrs

Tenure

₹34,519,637

Compensation

Mr. Mahesh Chandran Iyer has been Chief Executive Officer of Thomas Cook India Limited since February 14, 2017 and its Executive Director since May 29, 2018 and is its Managing Director from July 5, 2023....

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Madhavan Menon	Executive Chairman	23.9yrs	₹62.80m	0.22% ₹ 212.8m
Mahesh Iyer	MD, CEO & Director	7.2yrs	₹34.52m	0.084% ₹ 79.6m
Debasis Nandy	President & Group CFO	no data	₹20.18m	0.072% ₹ 68.2m
Brijesh Modi	President & CFO	no data	₹15.44m	0.0045% ₹ 4.3m
Amit Madhan	President and Group Head of Technology & ESG	no data	₹16.51m	0.028% ₹ 26.3m
Rambhau Kenkare	President and Group Head of Legal	8.1yrs	₹20.59m	0.094% ₹ 88.9m
Amit Parekh	Compliance Officer & Company Secretary	8.1yrs	₹6.24m	0.0074% ₹ 7.0m
Abraham Alapatt	President and Group Head of Marketing	no data	₹15.43m	0.060% ₹ 56.6m
Mona Cheriyan	President & Group Head of Human Resources	no data	₹18.50m	0.063% ₹ 59.7m
D. Kale	President and Country Head of Holidays	no data	₹18.27m	0.036% ₹ 34.2m
Indiver Rastogi	President & Group Head of Global Business Travel	no data	₹15.89m	no data
Suzanne Pereira	Senior Vice President of Trade Relationships and Communications	no data	₹2.67m	no data

7.6yrs

Average Tenure

54yo

Average Age

Experienced Management: 500413's management team is seasoned and experienced (7.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Madhavan Menon	Executive Chairman	23.9yrs	₹62.80m	0.22% ₹ 212.8m
Mahesh Iyer	MD, CEO & Director	5.9yrs	₹34.52m	0.084% ₹ 79.6m
Sunil Mathur	Independent Non-Executive Director	8.3yrs	₹1.23m	no data
Pravir Vohra	Independent Non-Executive Director	9yrs	₹1.18m	no data
Nilesh Vikamsey	Independent Non-Executive Director	8.3yrs	₹1.08m	no data
Chandran Ratnaswami	Non-Executive Director	11.7yrs	no data	no data
Kishori Udeshi	Non-Executive Independent Director	11.3yrs	₹1.18m	no data
Sumit Maheshwari	Non-Executive Director	5.6yrs	no data	no data
Gopalakrishnan Soundarajan	Additional Non-Executive & Non-Independent Director	2.9yrs	no data	no data
Sharmila Karve	Additional Non-Executive & Independent Director	2.9yrs	₹1.10m	no data

8.3yrs

Average Tenure

64.5yo

Average Age

Experienced Board: 500413's board of directors are considered experienced (8.3 years average tenure).

Thomas Cook (India) Management

Management criteria checks 4/4

Key information

Recent management updates

President & CFO recently sold ₹7.0m worth of stock

Insider recently sold ₹2.4m worth of stock

President and Country Head of Holidays recently sold ₹8.7m worth of stock

Insider recently sold ₹2.4m worth of stock

President and Country Head of Holidays recently sold ₹3.7m worth of stock

Insider recently sold ₹7.0m worth of stock

Recent updates

Thomas Cook (India) Limited Launches the EnterpriseFx Card - India's First Eco-Friendly Prepaid Forex Corporate Card, Made Entirely of Recycled Material

Now 20% undervalued after recent price drop

President & CFO recently sold ₹7.0m worth of stock

Third quarter 2024 earnings released: EPS: ₹1.77 (vs ₹0.40 in 3Q 2023)

Investor sentiment improves as stock rises 18%

Thomas Cook (India) Limited to Report Q3, 2024 Results on Jan 31, 2024

Now 21% overvalued after recent price rise

Insider recently sold ₹2.4m worth of stock

President and Country Head of Holidays recently sold ₹8.7m worth of stock

Insider recently sold ₹2.4m worth of stock

President and Country Head of Holidays recently sold ₹3.7m worth of stock

Second quarter 2024 earnings released: EPS: ₹1.01 (vs ₹0.02 in 2Q 2023)

Thomas Cook (India) Limited to Report Q2, 2024 Results on Nov 01, 2023

Thomas Cook (India) Limited Approves Dividend for the Year Ended March 31, 2023

Full year 2023 earnings released: EPS: ₹0.097 (vs ₹6.92 loss in FY 2022)

Upcoming dividend of ₹0.40 per share at 0.5% yield

Thomas Cook (India) Limited to Report Q1, 2024 Results on Aug 09, 2023

Thomas Cook India & Sotc Travel Launch Monsoon Getaways

Insider recently sold ₹7.0m worth of stock

Thomas Cook (India) Limited, Annual General Meeting, Aug 23, 2023

Full year 2023 earnings released: EPS: ₹0.10 (vs ₹6.92 loss in FY 2022)

Thomas Cook (India) Limited to Report Q4, 2023 Results on May 18, 2023

Thomas Cook India Limited Launches Comprehensive New B2C Forex App `FX Now' for End-To-End Forex Solutions

Third quarter 2023 earnings released: EPS: ₹0.40 (vs ₹0.94 loss in 3Q 2022)

Thomas Cook (India) Limited to Report Q3, 2023 Results on Feb 02, 2023

Board Member recently sold ₹4.8m worth of stock

Thomas Cook (India) Limited Announces Executive Changes

Second quarter 2023 earnings released: EPS: ₹0.02 (vs ₹2.31 loss in 2Q 2022)

Second quarter 2023 earnings released: EPS: ₹0.02 (vs ₹2.31 loss in 2Q 2022)

Thomas Cook (India) Limited to Report Q2, 2023 Results on Nov 11, 2022

Insider recently sold ₹13m worth of stock

First quarter 2023 earnings released: ₹0.18 loss per share (vs ₹2.56 loss in 1Q 2022)

Thomas Cook (India) Limited to Report Q1, 2023 Results on Aug 04, 2022

Thomas Cook (India) Limited Launches Fx-Now

Full year 2022 earnings released: ₹6.92 loss per share (vs ₹6.85 loss in FY 2021)

Thomas Cook (India) Limited, Annual General Meeting, Sep 28, 2022

Thomas Cook (India) Limited to Report Q4, 2022 Results on May 23, 2022

Thomas Cook (India) Limited Launches an Innovative `Risk-Free Holidays' Campaign

Thomas Cook (India) Limited Introduces Range of Holiday Products Across Domestic and International Destinations

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Insider recently sold ₹5.5m worth of stock

Insider recently sold ₹4.5m worth of stock

Insider recently sold ₹1.1m worth of stock

Insider recently sold ₹305k worth of stock

First quarter 2022 earnings released: ₹2.56 loss per share (vs ₹2.54 loss in 1Q 2021)

Thomas Cook (India) Limited Launches Study Buddy Program

Insider recently sold ₹201k worth of stock

Insider recently sold ₹14m worth of stock

Full year 2021 earnings released: ₹6.83 loss per share (vs ₹0.019 loss in FY 2020)

New 90-day high: ₹57.05

Thomas Cook (India) Limited announced that it expects to receive INR 4.5 billion in funding from Fairbridge Capital (Mauritius) Limited

Third quarter 2021 earnings released: ₹1.60 loss per share (vs ₹0.17 profit in 3Q 2020)

Thomas Cook (India) Limited to Report Q3, 2021 Results on Feb 04, 2021

Thomas Cook India Inks Strategic Agreement with Destination Maldives

Thomas Cook India & SOTC Travel Launch Luxury Arctic and Antarctica Cruises Targeting India's Discerning Travellers

Thomas Cook India & SOTC Travel Partner with WelcomHeritage Hotels to Launch Exceptional Experiential Stays Across India

Second quarter 2021 earnings released: ₹2.43 loss per share

New 90-day low: ₹26.15

New 90-day low: ₹27.25

Thomas Cook (India) Limited(BSE:500413) dropped from S&P Global BMI Index

Thomas Cook (India) Limited and Its Group Company, SOTC Travel Ltd., Partner with Amar Chitra Katha to Launch Great Indian Journeys

Thomas Cook (India) Limited to Report Q1, 2021 Results on Aug 04, 2020

First quarter earnings released

New 90-day high - ₹32.05

Thomas Cook (India) Limited (BSE:500413) agreed to acquire Portfolio of Corporate Travel Business from dnata Travel India.

CEO Compensation Analysis

CEO

Tenure

Compensation