Manappuram Finance Limited

BSE:531213 Stock Report

Market Cap: ₹153.6b

Manappuram Finance Management

Management criteria checks 2/4

Manappuram Finance's CEO is Vazhappully Nandakumar, appointed in May 2012, has a tenure of 12.58 years. total yearly compensation is ₹206.87M, comprised of 45.9% salary and 54.1% bonuses, including company stock and options. directly owns 34.72% of the company’s shares, worth ₹53.34B. The average tenure of the management team and the board of directors is 5.1 years and 2.3 years respectively.

Key information

Vazhappully Nandakumar

Chief executive officer

₹206.9m

Total compensation

CEO salary percentage45.9%
CEO tenure12.6yrs
CEO ownership34.7%
Management average tenure5.1yrs
Board average tenure2.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Vazhappully Nandakumar's remuneration changed compared to Manappuram Finance's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹23b

Jun 30 2024n/an/a

₹22b

Mar 31 2024₹207m₹95m

₹22b

Dec 31 2023n/an/a

₹20b

Sep 30 2023n/an/a

₹19b

Jun 30 2023n/an/a

₹17b

Mar 31 2023₹186m₹90m

₹15b

Dec 31 2022n/an/a

₹13b

Sep 30 2022n/an/a

₹12b

Jun 30 2022n/an/a

₹12b

Mar 31 2022₹176m₹85m

₹13b

Dec 31 2021n/an/a

₹15b

Sep 30 2021n/an/a

₹18b

Jun 30 2021n/an/a

₹18b

Mar 31 2021₹159m₹75m

₹17b

Dec 31 2020n/an/a

₹16b

Sep 30 2020n/an/a

₹15b

Jun 30 2020n/an/a

₹16b

Mar 31 2020₹119m₹75m

₹15b

Dec 31 2019n/an/a

₹13b

Sep 30 2019n/an/a

₹12b

Jun 30 2019n/an/a

₹10b

Mar 31 2019₹124m₹66m

₹9b

Dec 31 2018n/an/a

₹8b

Sep 30 2018n/an/a

₹8b

Jun 30 2018n/an/a

₹7b

Mar 31 2018₹91m₹48m

₹7b

Compensation vs Market: Vazhappully's total compensation ($USD2.44M) is above average for companies of similar size in the Indian market ($USD479.05K).

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

CEO

Vazhappully Nandakumar (70 yo)

12.6yrs

Tenure

₹206,870,000

Compensation

Mr. Vazhappully Padmanabhan Nandakumar, M.Sc, CAIIB (Part I), has been the Managing Director and Chief Executive Officer of Manappuram Finance Limited since May 19, 2012. Mr. Nandakumar serves as the Chief...

Leadership Team

NamePositionTenureCompensationOwnership
Vazhappully Nandakumar
MD, CEO & Non-Independent Executive Director12.6yrs₹206.87m34.72%
₹ 53.3b
A. Bindu
CFO & President5.9yrs₹16.84m0.010%
₹ 15.4m
Raju Kalathiparambil
Executive Vice President of Analytics & Business Reviewno data₹13.18mno data
Sumitha Nandan V
Whole-Time Director1.9yrs₹15.46mno data
Kamal Parmar
Senior VP & HOD of Vehicle and Equipment Finance5.1yrs₹8.26mno data
Madhavan Kutty G
VP & Chief Economistno data₹4.42mno data
Vilakkithala Raman Kumar
Company Secretary5.9yrs₹5.02m0%
₹ 0
Manikandan T G
Chief Technology Officerno datano datano data
Susil Mishra
Head of Investor Relations & Treasuryno datano datano data
Dinesh Kallarackal
Senior General Manager of Legalno datano datano data
Issac A.
Chief Compliance Officer1.5yrsno datano data
P. Renjith
Chief Human Resource Officerless than a yearno datano data

5.1yrs

Average Tenure

50yo

Average Age

Experienced Management: 531213's management team is seasoned and experienced (5.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Vazhappully Nandakumar
MD, CEO & Non-Independent Executive Director32.4yrs₹206.87m34.72%
₹ 53.3b
Sumitha Nandan V
Whole-Time Director1.9yrs₹15.46mno data
Shailesh Mehta
Independent & Non-Executive Chairperson4.8yrs₹12.60m0.059%
₹ 90.7m
Abhijit Sen
Independent & Non-Executive Director5.3yrs₹6.33mno data
Pratima Ram
Independent & Non-Executive Director2.3yrs₹4.17mno data
P. Manomohanan
Independent & Non-Executive Director21.3yrs₹4.23m0.12%
₹ 179.8m
Tharavanat Chandrasekharan Kumar
Non-Executive Independent Director1.1yrs₹1.41mno data
Harshan Kollara
Independent & Non-Executive Director4.9yrs₹4.92mno data
Veliath Seemandini
Independent & Non-Executive Director2yrs₹3.84mno data
Sankaran Rajagopal
Additional Independent Non-Executive Directorless than a year₹860.00kno data
Edodiyil Kunhiraman Bhushan
Non-Executive Independent Directorless than a year₹300.00kno data

2.3yrs

Average Tenure

73yo

Average Age

Experienced Board: 531213's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/17 08:02
End of Day Share Price 2024/12/17 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

Manappuram Finance Limited is covered by 39 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Pankaj AgarwalAmbit Capital
null nullAsian Markets Securities Private Limited
Ganeshram JayaramanAvendus Spark