Indbank Merchant Banking Services Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

V. Haribabu

Chief executive officer

₹2.4m

Total compensation

CEO salary percentage	94.8%
CEO tenure	2.2yrs
CEO ownership	n/a
Management average tenure	2.2yrs
Board average tenure	3.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has V. Haribabu's remuneration changed compared to Indbank Merchant Banking Services's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	₹70m
Sep 30 2023	n/a	n/a	₹62m
Jun 30 2023	n/a	n/a	₹57m
Mar 31 2023	₹2m	₹2m	₹35m
Dec 31 2022	n/a	n/a	₹41m
Sep 30 2022	n/a	n/a	₹54m
Jun 30 2022	n/a	n/a	₹49m
Mar 31 2022	₹2m	₹1m	₹70m

Compensation vs Market: V.'s total compensation ($USD28.69K) is about average for companies of similar size in the Indian market ($USD39.23K).

Compensation vs Earnings: V.'s compensation has increased by more than 20% in the past year.

CEO

V. Haribabu (56 yo)

2.2yrs

Tenure

₹2,395,000

Compensation

Mr. V. Haribabu has served as MD & Executive Nominee Director of Ind Bank Housing Limited from August 29, 2022 and serves as its Executive Director. He served as an Additional Director of Ind Bank Housing...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
V. Haribabu	President	2.2yrs	₹2.40m	no data
Tausif Inamdar	VP & CFO	1.8yrs	₹1.70m	no data
Chitra Mangalam Iyer	Company Secretary & Compliance Officer	2.3yrs	₹1.35m	no data

2.2yrs

Average Tenure

43yo

Average Age

Experienced Management: 511473's management team is considered experienced (2.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
V. Haribabu	President	2.2yrs	₹2.40m	no data
Ganapathy Sundaravadivel	Independent Non-Executive Director	10.4yrs	₹141.00k	no data
Chitra Murali	Independent Non Executive Director	10.4yrs	₹144.00k	no data
Vaijinath Gavarshetty	Independent Non-Executive Director	4.8yrs	₹141.00k	no data
Sunil Jain	Additional Nominee Director	1.8yrs	no data	no data
Devinder Singla	Additional Director	less than a year	no data	no data

3.5yrs

Average Tenure

59yo

Average Age

Experienced Board: 511473's board of directors are considered experienced (3.5 years average tenure).

Indbank Merchant Banking Services Management

Management criteria checks 3/4

Key information

Recent management updates

Indbank Merchant Banking Services Limited Announces Resignation of Imran Amin Siddiqui as Nominee Director

Indbank Merchant Banking Services Limited Announces Resignation of Satish Kumar Kalra as Director

Less than half of directors are independent

Indbank Merchant Banking Services Limited, Annual General Meeting, Sep 27, 2022

Indbank Merchant Banking Announces Resignation of Arun Kumar Bansal as Nominee Director

Less than half of directors are independent

Recent updates

Full year 2024 earnings released: EPS: ₹2.92 (vs ₹0.79 in FY 2023)

Indbank Merchant Banking Services Limited to Report Q4, 2024 Results on Apr 22, 2024

Investor sentiment improves as stock rises 16%

Indbank Merchant Banking Services Limited Announces Resignation of Imran Amin Siddiqui as Nominee Director

Investor sentiment deteriorates as stock falls 22%

Indbank Merchant Banking Services Limited Announces Resignation of Satish Kumar Kalra as Director

Investor sentiment deteriorates as stock falls 18%

New minor risk - Share price stability

Investor sentiment improves as stock rises 19%

Third quarter 2024 earnings released: EPS: ₹0.58 (vs ₹0.39 in 3Q 2023)

Indbank Merchant Banking Services Limited to Report Q3, 2024 Results on Jan 22, 2024

Investor sentiment improves as stock rises 15%

Second quarter 2024 earnings released: EPS: ₹0.55 (vs ₹0.43 in 2Q 2023)

Indbank Merchant Banking Services Limited to Report Q2, 2024 Results on Oct 16, 2023

Investor sentiment improves as stock rises 21%

First quarter 2024 earnings released: EPS: ₹0.34 (vs ₹0.16 loss in 1Q 2023)

Full year 2023 earnings released: EPS: ₹0.79 (vs ₹1.57 in FY 2022)

Investor sentiment improves as stock rises 18%

Third quarter 2023 earnings released: EPS: ₹0.39 (vs ₹0.67 in 3Q 2022)

Indbank Merchant Banking Services Limited to Report Q3, 2023 Results on Jan 21, 2023

Investor sentiment improved over the past week

Second quarter 2023 earnings released: EPS: ₹0.43 (vs ₹0.32 in 2Q 2022)

Indbank Merchant Banking Services Limited to Report Q2, 2023 Results on Oct 18, 2022

Investor sentiment improved over the past week

Less than half of directors are independent

Indbank Merchant Banking Services Limited, Annual General Meeting, Sep 27, 2022

First quarter 2023 earnings released: ₹0.16 loss per share (vs ₹0.31 profit in 1Q 2022)

Indbank Merchant Banking Services Limited to Report Q1, 2023 Results on Jul 22, 2022

Investor sentiment deteriorated over the past week

Indbank Merchant Banking Announces Resignation of Arun Kumar Bansal as Nominee Director

Less than half of directors are independent

Full year 2022 earnings released: EPS: ₹1.57 (vs ₹0.91 in FY 2021)

Indbank Merchant Banking Services Limited to Report Fiscal Year 2022 Results on Apr 20, 2022

Investor sentiment improved over the past week

High number of new and inexperienced directors

Indbank Merchant Banking Services Limited Appoints V. Hari Babu as Additional Director and Designates Him as President and Whole Time Director

Investor sentiment improved over the past week

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

President & Whole Time Director Aravamudhan Rajaraman has left the company

Less than half of directors are independent

Second quarter 2022 earnings released: EPS ₹0.32 (vs ₹0.29 in 2Q 2021)

Investor sentiment improved over the past week

VP & CFO U. Rajkumar has left the company

Investor sentiment deteriorated over the past week

First quarter 2022 earnings released: EPS ₹0.31 (vs ₹0.13 in 1Q 2021)

Additional Non-Executive Nominee Director K. Ramachandran has left the company

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Full year 2021 earnings released: EPS ₹0.91 (vs ₹0.47 in FY 2020)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

New 90-day high: ₹14.26

Indbank Merchant Banking Services Limited to Report Q3, 2021 Results on Jan 12, 2021

Investor sentiment deteriorated over the past week

New 90-day high: ₹12.46

Market bids up stock over the past week

First half earnings released

Indbank Merchant Banking Services Limited to Report Q2, 2021 Results on Oct 12, 2020

Indbank Merchant Banking Services Limited to Report Q1, 2021 Results on Sep 03, 2020

First quarter earnings released

New 90-day high - ₹8.38

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age