Indbank Merchant Banking Services Limited

BSE:511473 Stock Report

Market Cap: ₹1.9b

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

₹2.6m

Total compensation

CEO salary percentage94.7%
CEO tenure2.8yrs
CEO ownershipn/a
Management average tenure2.8yrs
Board average tenureless than a year

Recent management updates

Recent updates

CEO Compensation Analysis

How has V. Haribabu's remuneration changed compared to Indbank Merchant Banking Services's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹103m

Jun 30 2024n/an/a

₹94m

Mar 31 2024₹3m₹2m

₹80m

Dec 31 2023n/an/a

₹70m

Sep 30 2023n/an/a

₹62m

Jun 30 2023n/an/a

₹57m

Mar 31 2023₹2m₹2m

₹27m

Dec 31 2022n/an/a

₹41m

Sep 30 2022n/an/a

₹54m

Jun 30 2022n/an/a

₹49m

Mar 31 2022₹2m₹1m

₹70m

Compensation vs Market: V.'s total compensation ($USD30.72K) is about average for companies of similar size in the Indian market ($USD42.67K).

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

CEO

V. Haribabu (57 yo)

2.8yrs

Tenure

₹2,596,000

Compensation

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

Leadership Team

NamePositionTenureCompensationOwnership
V. Haribabu
President & Whole Time Director2.8yrs₹2.60mno data
Tausif Inamdar
VP & CFO2.3yrs₹1.86mno data
Chitra Mangalam Iyer
Company Secretary & Compliance Officer2.8yrs₹1.35mno data
G. Ramnath
Head of Accountsno datano datano data
Archana Ravindran
Head of Administrationno datano datano data
R. Venugopal
Head of Dept. of Account Openingno datano datano data
S. Ramarao
AVP & Head of Surveillanceno datano datano data
G. Venkatesan
Head of ITno datano datano data
Sivasankari E.
Head of DP Operationsno datano datano data

2.8yrs

Average Tenure

44yo

Average Age

Experienced Management: 511473's management team is considered experienced (2.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
V. Haribabu
President & Whole Time Director2.8yrs₹2.60mno data
Vadakke Prasanth
Non-Executive Independent Directorless than a yearno datano data
Vaijinath Gavarshetty
Independent Non-Executive Director5.3yrs₹165.00kno data
Ashutosh Choudhury
Non-Executive Nominee Directorless than a yearno datano data
Sunil Jain
Additional Nominee Director2.3yrsno datano data
Devinder Singla
Independent Additional Directorless than a year₹9.00k0.00023%
₹ 4.3k
R. Padma
Non-Executive Independent Directorless than a yearno datano data

0.7yrs

Average Tenure

59yo

Average Age

Experienced Board: 511473's board of directors are not considered experienced ( 0.7 years average tenure), which suggests a new board.