PNB Gilts Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Vikas Goel

Chief executive officer

₹13.2m

Total compensation

CEO salary percentage	92.8%
CEO tenure	5.4yrs
CEO ownership	n/a
Management average tenure	5.4yrs
Board average tenure	2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Vikas Goel's remuneration changed compared to PNB Gilts's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	₹694m
Dec 31 2023	n/a	n/a	₹148m
Sep 30 2023	n/a	n/a	₹363m
Jun 30 2023	n/a	n/a	₹696m
Mar 31 2023	₹13m	₹12m	-₹772m
Dec 31 2022	n/a	n/a	-₹417m
Sep 30 2022	n/a	n/a	-₹539m
Jun 30 2022	n/a	n/a	₹369m
Mar 31 2022	₹16m	₹12m	₹2b
Dec 31 2021	n/a	n/a	₹1b
Sep 30 2021	n/a	n/a	₹3b
Jun 30 2021	n/a	n/a	₹2b
Mar 31 2021	₹16m	₹12m	₹5b
Dec 31 2020	n/a	n/a	₹6b
Sep 30 2020	n/a	n/a	₹4b
Jun 30 2020	n/a	n/a	₹4b
Mar 31 2020	₹10m	₹9m	₹2b
Dec 31 2019	n/a	n/a	₹801m
Sep 30 2019	n/a	n/a	₹1b
Jun 30 2019	n/a	n/a	₹1b
Mar 31 2019	₹9m	₹2m	₹529m

Compensation vs Market: Vikas's total compensation ($USD157.87K) is about average for companies of similar size in the Indian market ($USD180.07K).

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

CEO

Vikas Goel (58 yo)

5.4yrs

Tenure

₹13,178,000

Compensation

Shri Vikas Goel has been a Managing Director, Chief Executive Officer and Executive Director at PNB Gilts Ltd. since February 1, 2019. Shri Goel has worked with three multinational banks (American Express...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Vikas Goel	MD, CEO & Executive Director	5.4yrs	₹13.18m	no data
Chandra Prakash	CFO & Chief Information Security Officer	3.4yrs	₹1.81m	no data
Monika Kochar	Senior VP	16.5yrs	₹3.40m	no data
Vijay Sharma	Senior Executive Vice President of Information Technology	no data	no data	no data
Uttam Saha	Executive Vice President of Mumbai Branch Office	6.5yrs	no data	no data
P. Sunil	Deputy Chief Executive Officer	less than a year	no data	no data
Neeraj Aggarwal	Head of Internal Audit	no data	no data	no data

5.4yrs

Average Tenure

Experienced Management: 532366's management team is seasoned and experienced (5.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Vikas Goel	MD, CEO & Executive Director	5.4yrs	₹13.18m	no data
Tejendra Bhasin	Non-Executive Independent Director	5yrs	₹1.05m	no data
Prem Pareek	Non-Executive Independent Director	15.4yrs	₹965.00k	0.00074% ₹ 175.7k
Neharika Vohra	Independent Director	1.5yrs	no data	no data
Gopal Gusain	Independent Director	less than a year	no data	no data
Kalyan Kumar	Non Executive Chairman	2yrs	no data	no data
Amit Srivastava	Additional Non-Executive Non-Independent Director	less than a year	no data	no data

2.0yrs

Average Tenure

60yo

Average Age

Experienced Board: 532366's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.

PNB Gilts Management

Management criteria checks 3/4

Key information

Recent management updates

PNB Gilts Ltd. Appoints Gopal Singh Gusain as an Independent Director

PNB Gilts Ltd. Announces Cessation of Seema Mishra as Sr. Exec. Vice President

PNB Gilts Ltd. Announces Re-designation of Chandra Prakash as Chief Financial Officer & Chief Information Security Officer, effective from April 01,2024

Pnb Gilts Ltd. Announces Resignation of Satish Kumar Kalra as Non-Executive Independent Director, Nomination and Remuneration Committee, Risk Management Committee, Audit Committee, It Committee and It Strategy Committee

PNB Gilts Ltd. Appoints Amit Kumar Srivastava as Additional Director, Effective December 26, 2023

PNB Gilts Ltd., Annual General Meeting, Sep 08, 2023

Recent updates

Investor sentiment improves as stock rises 23%

Investor sentiment improves as stock rises 15%

PNB Gilts Ltd. Appoints Gopal Singh Gusain as an Independent Director

Full year 2024 earnings released: EPS: ₹3.86 (vs ₹4.29 loss in FY 2023)

PNB Gilts Ltd. Announces Cessation of Seema Mishra as Sr. Exec. Vice President

PNB Gilts Ltd. to Report Q4, 2024 Results on Apr 29, 2024

PNB Gilts Ltd. Announces Re-designation of Chandra Prakash as Chief Financial Officer & Chief Information Security Officer, effective from April 01,2024

Pnb Gilts Ltd. Announces Resignation of Satish Kumar Kalra as Non-Executive Independent Director, Nomination and Remuneration Committee, Risk Management Committee, Audit Committee, It Committee and It Strategy Committee

Third quarter 2024 earnings released: ₹0.86 loss per share (vs ₹0.34 profit in 3Q 2023)

PNB Gilts Ltd. to Report Q3, 2024 Results on Jan 24, 2024

Investor sentiment improves as stock rises 15%

PNB Gilts Ltd. Appoints Amit Kumar Srivastava as Additional Director, Effective December 26, 2023

Investor sentiment improves as stock rises 18%

Second quarter 2024 earnings released: ₹2.28 loss per share (vs ₹0.44 loss in 2Q 2023)

PNB Gilts Ltd. to Report Q2, 2024 Results on Oct 20, 2023

New minor risk - Share price stability

Investor sentiment improves as stock rises 21%

PNB Gilts Ltd., Annual General Meeting, Sep 08, 2023

PNB Gilts Ltd. Announces Executive Changes, with Effect from August 1, 2023

First quarter 2024 earnings released: EPS: ₹3.22 (vs ₹4.94 loss in 1Q 2023)

PNB Gilts Ltd. Announces RBI Authorization to Act as an Authorised Dealer - Category III

PNB Gilts Ltd. to Report Q1, 2024 Results on Jul 21, 2023

Pnb Gilts Ltd. Announces Resignation of Mr. Ashutosh Choudhury as Non- Executive Non-Independent Director

Full year 2023 earnings released: ₹4.29 loss per share (vs ₹9.21 profit in FY 2022)

Third quarter 2023 earnings released: EPS: ₹0.34 (vs ₹0.34 loss in 3Q 2022)

PNB Gilts Ltd. Announces Resignation of Uma Ajay Relan as Director

PNB Gilts Ltd. to Report Q3, 2023 Results on Jan 23, 2023

Second quarter 2023 earnings released: ₹0.44 loss per share (vs ₹4.61 profit in 2Q 2022)

PNB Gilts Ltd. to Report Q2, 2023 Results on Oct 21, 2022

PNB Gilts Declare Final Dividend for the Year Ended 31st March, 2022

Upcoming dividend of ₹5.00 per share

PNB Gilts Ltd., Annual General Meeting, Sep 02, 2022

First quarter 2023 earnings released: ₹4.94 loss per share (vs ₹2.22 profit in 1Q 2022)

PNB Gilts Ltd. to Report Q1, 2023 Results on Jul 26, 2022

PNB Gilts Ltd. Announces Board Changes, Effective July 7, 2022

PNB Gilts Ltd. Announces Resignation of Sh. Swarup Kumar Saha as Non-Executive & Non-Independent Director

Full year 2022 earnings released: EPS: ₹9.21 (vs ₹25.23 in FY 2021)

High number of new directors

Now 27% undervalued after recent price drop

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

Second quarter 2022 earnings released

Upcoming dividend of ₹3.00 per share

First quarter 2022 earnings released: EPS ₹2.22 (vs ₹15.80 in 1Q 2021)

Non-Executive & Non-Independent Director Vishesh Srivastava has left the company

Full year 2021 earnings released: EPS ₹25.23 (vs ₹10.35 in FY 2020)

Investor sentiment improved over the past week

Non-Executive Chairman Agyey Azad has left the company

PNB Gilts Limited Appoints Chandra Prakash as Chief Financial Officer, Effective February 26, 2021

New 90-day high: ₹56.45

Third quarter 2021 earnings released: EPS ₹9.28 (vs ₹2.45 in 3Q 2020)

PNB Gilts Ltd. to Report Q3, 2021 Results on Feb 04, 2021

New 90-day high: ₹47.90

New 90-day high: ₹45.90

PNB Gilts Limited Appoints Agyey Kumar Azad as Additional Director (Non-Executive Category)

Second quarter 2021 earnings released: EPS ₹0.93

PNB Gilts Ltd. to Report Q2, 2021 Results on Nov 10, 2020

Earnings released

New 90-day high - ₹39.30

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age