Mahindra & Mahindra Financial Services Limited

BSE:532720 Stock Report

Market Cap: ₹319.2b

Mahindra & Mahindra Financial Services Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Ramesh Iyer

Chief executive officer

₹71.6m

Total compensation

CEO salary percentage17.6%
CEO tenure23yrs
CEO ownership0.1%
Management average tenure2.5yrs
Board average tenure5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ramesh Iyer's remuneration changed compared to Mahindra & Mahindra Financial Services's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

₹19b

Sep 30 2023n/an/a

₹20b

Jun 30 2023n/an/a

₹22b

Mar 31 2023₹72m₹13m

₹21b

Dec 31 2022n/an/a

₹20b

Sep 30 2022n/an/a

₹23b

Jun 30 2022n/an/a

₹29b

Mar 31 2022₹75m₹44m

₹11b

Dec 31 2021n/an/a

₹7b

Sep 30 2021n/an/a

-₹5b

Jun 30 2021n/an/a

-₹12b

Mar 31 2021₹72m₹46m

₹8b

Dec 31 2020n/an/a

₹8b

Sep 30 2020n/an/a

₹15b

Jun 30 2020n/an/a

₹14b

Mar 31 2020₹67m₹46m

₹11b

Dec 31 2019n/an/a

₹15b

Sep 30 2019n/an/a

₹15b

Jun 30 2019n/an/a

₹16b

Mar 31 2019₹73m₹44m

₹18b

Dec 31 2018n/an/a

₹18b

Sep 30 2018n/an/a

₹18b

Jun 30 2018n/an/a

₹14b

Mar 31 2018₹61m₹34m

₹12b

Compensation vs Market: Ramesh's total compensation ($USD858.56K) is above average for companies of similar size in the Indian market ($USD539.04K).

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


CEO

Ramesh Iyer (65 yo)

23yrs

Tenure

₹71,600,000

Compensation

Mr. Ramesh Ganesh Iyer has been Managing Director of Mahindra & Mahindra Financial Services Limited since April 03, 2001. He has been Vice Chairman of Mahindra & Mahindra Financial Services Limited since M...


Leadership Team

NamePositionTenureCompensationOwnership
Ramesh Iyer
Vice Chairman & MD23yrs₹71.60m0.15%
₹ 469.1m
Vivek Karve
CFO & CFO of Group Financial Services Sector3.6yrs₹32.20mno data
Brijbala Batwal
Deputy Senior VP & Company Secretary2.2yrs₹9.10mno data
Ruzbeh Irani
President of Group HR & Communications and Member of the Group Executive Board3.3yrsno datano data
Dinesh Prajapati
Head of Accountsno datano data0.017%
₹ 54.2m
Mohit Kapoor
Executive VP & Group Chief Tech Officerno datano datano data
Vishal Agarwal
Deputy General Manager of Treasury & Investor Relationsno datano data0.00079%
₹ 2.5m
Farida Balsara
Senior VP & Chief Legal Officer1.3yrsno datano data
Mohan Nair
Head of Communicationno datano datano data
Manish Sinha
Chief Human Resources Officerless than a yearno datano data
Vedanarayanan Seshadri
Managing Director & Principal Officer of Mahindra Insurance Brokers Limited2.8yrsno datano data
Raul Rebello
Executive Directorless than a yearno data0.000030%
₹ 95.8k

2.5yrs

Average Tenure

52yo

Average Age

Experienced Management: 532720's management team is considered experienced (2.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ramesh Iyer
Vice Chairman & MD23yrs₹71.60m0.15%
₹ 469.1m
Raul Rebello
Executive Directorless than a yearno data0.000030%
₹ 95.8k
Milind Sarwate
Independent Director5yrs₹5.10mno data
Rama Bijapurkar
Independent Director15.8yrs₹4.30m0.0024%
₹ 7.8m
Chandrashekhar Bhave
Independent Director9.2yrs₹4.70mno data
Dhananjay Mungale
Independent Director9.8yrs₹4.80m0.0010%
₹ 3.2m
Diwakar Gupta
Independent Director1.3yrs₹300.00kno data
Anish Shah
Non-Executive Chairman8.1yrsno datano data
Rebecca Nugent
Independent Director3.1yrs₹4.00mno data
Amarjyoti Barua
Non-Executive Non-Independent Directorless than a yearno datano data
Ashwani Ghai
Non-Executive Directorless than a yearno datano data

5.0yrs

Average Tenure

64.5yo

Average Age

Experienced Board: 532720's board of directors are considered experienced (5 years average tenure).


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