ICRA Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Ramnath Krishnan

Chief executive officer

₹50.4m

Total compensation

CEO salary percentage	21.9%
CEO tenure	2.6yrs
CEO ownership	n/a
Management average tenure	2.6yrs
Board average tenure	4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ramnath Krishnan's remuneration changed compared to ICRA's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	₹1b
Sep 30 2023	n/a	n/a	₹1b
Jun 30 2023	n/a	n/a	₹2b
Mar 31 2023	₹50m	₹11m	₹1b
Dec 31 2022	n/a	n/a	₹1b
Sep 30 2022	n/a	n/a	₹1b
Jun 30 2022	n/a	n/a	₹1b
Mar 31 2022	₹19m	₹5m	₹1b

Compensation vs Market: Ramnath's total compensation ($USD604.41K) is above average for companies of similar size in the Indian market ($USD374.66K).

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

CEO

Ramnath Krishnan

2.6yrs

Tenure

₹50,380,000

Compensation

Mr. Ramnath Krishnan serves as Director at ICRA Limited since March 26, 2021 and served as its Additional Director since October 23, 2021 until March 26, 2021. He serves as its Managing Director and Group...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Ramnath Krishnan	MD, Group CEO & Director	2.6yrs	₹50.38m	no data
Venkatesh Viswanathan	Group CFO & Chief Investor Relations Officer	1.8yrs	₹20.30m	no data
S. Rahman	Company Secretary & Compliance Officer	9.2yrs	₹4.43m	no data
Amit Gupta	General Counsel	8.2yrs	₹17.39m	no data
Anand Iyer	Group Chief Technology Officer	1.8yrs	no data	no data
Naznin Prodhani	Head Media & Communications	no data	no data	no data
Sheetal Sandhu	Group Human Resources Head	no data	no data	no data
L. Shivakumar	Executive Vice President of Business Development & Chief Business Officer	no data	₹3.48m	no data
K. Ravichandran	Executive VP & Chief Rating Officer	no data	no data	no data
Jayanta Roy	Senior Vice-President	23.3yrs	no data	0.0052% ₹ 2.6m
Shubham Jain	Group Chief Strategy Officer	no data	no data	no data
Aditi Nayar	Chief Economist and Head of Research & Outreach	1.3yrs	no data	no data

2.6yrs

Average Tenure

Experienced Management: 532835's management team is considered experienced (2.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Ramnath Krishnan	MD, Group CEO & Director	2.6yrs	₹50.38m	no data
Arun Duggal	Independent Non-Executive Chairman	9.5yrs	₹3.85m	no data
Michael Foley	Non-Executive & Non-Independent Director	4.6yrs	no data	no data
Radhika Haribhakti	Non-Executive Independent Director	9.4yrs	₹3.50m	no data
Stephen Arthur Long	Non Executive & Non Independent Director	2yrs	no data	no data
Huay Cheong	Additional Non-Executive Non-Independent Director	3.5yrs	no data	no data
Ranjana Agarwal	Non-Executive Independent Director	9.5yrs	₹3.73m	no data
Priya Kak	Additional Non Executive & Non Independent Director	2.3yrs	no data	no data

4.0yrs

Average Tenure

66yo

Average Age

Experienced Board: 532835's board of directors are considered experienced (4 years average tenure).

ICRA Management

Management criteria checks 2/4

Key information

Recent management updates

Senior Vice-President recently sold ₹3.0m worth of stock

ICRA Limited, Annual General Meeting, Aug 03, 2023

ICRA Appoints Shubham Jain as Head of Group Strategy and Business Transformation

Insider recently sold ₹4.1m worth of stock

ICRA Limited Announces Executive Changes

ICRA Appoints Anand Iyer as Group Chief Technology Officer (Group CTO)

Recent updates

Third quarter 2024 earnings released: EPS: ₹33.42 (vs ₹40.42 in 3Q 2023)

Price target increased by 20% to ₹6,410

Second quarter 2024 earnings released: EPS: ₹33.03 (vs ₹38.19 in 2Q 2023)

ICRA Limited to Report Q2, 2024 Results on Oct 20, 2023

Senior Vice-President recently sold ₹3.0m worth of stock

ICRA Limited Declares Dividend for the Financial Year Ended March 31, 2023

Upcoming dividend of ₹130 per share at 0.7% yield

Full year 2023 earnings: Revenues and EPS in line with analyst expectations

ICRA Limited to Report Q1, 2024 Results on Aug 03, 2023

Full year 2023 earnings: Revenues and EPS in line with analyst expectations

ICRA Limited, Annual General Meeting, Aug 03, 2023

Third quarter 2023 earnings released: EPS: ₹40.42 (vs ₹32.10 in 3Q 2022)

ICRA Limited to Report Q3, 2023 Results on Feb 13, 2023

ICRA Appoints Shubham Jain as Head of Group Strategy and Business Transformation

Price target increased to ₹4,472

Insider recently sold ₹4.1m worth of stock

Second quarter 2023 earnings released: EPS: ₹38.19 (vs ₹25.01 in 2Q 2022)

ICRA Limited to Report Q2, 2023 Results on Oct 20, 2022

ICRA Limited Announces Executive Changes

ICRA Limited Approves to Declare Dividend on the Equity Shares for the Financial Year Ended March 31, 2022

Upcoming dividend of ₹28.00 per share

ICRA Limited to Report Q1, 2023 Results on Aug 04, 2022

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

ICRA Appoints Anand Iyer as Group Chief Technology Officer (Group CTO)

Price target increased to ₹4,472

High number of new directors

Senior Vice-President recently sold ₹1.2m worth of stock

Full year 2022 earnings: EPS and revenues miss analyst expectations

ICRA Limited Appoints Stephen Arthur as Non Executive and Non-Independent Additional Director

ICRA Limited, Annual General Meeting, Aug 04, 2022

ICRA Limited Announces Resignation of Min Ye as Non-Executive and Non-Independent Director Inclusive of Membership in Any and All Committees of Board of Directors, Effective May 13, 2022

ICRA Limited to Report Q4, 2022 Results on May 12, 2022

ICRA Limited Announces the Resignation of David Brent Platt as Non-Executive and Non-Independent Director

Insider recently sold ₹3.6m worth of stock

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

Director Radhika Haribhakti has joined 5th company board

Director Radhika Haribhakti has joined 5th company board

Director Radhika Haribhakti has joined 5th company board

Director Radhika Haribhakti has joined 5th company board

Director Radhika Haribhakti has joined 5th company board

Director Radhika Haribhakti has joined 5th company board

Director Radhika Haribhakti has joined 5th company board

First quarter 2022 earnings released: EPS ₹24.90 (vs ₹17.48 in 1Q 2021)

Upcoming dividend of ₹27.00 per share

Full year 2021 earnings released: EPS ₹84.89 (vs ₹99.98 in FY 2020)

ICRA Limited Recommends Dividend for the Financial Year Ended March 31, 2021

Investor sentiment improved over the past week

Insider recently sold ₹1.4m worth of stock

Third quarter 2021 earnings released: EPS ₹25.15 (vs ₹23.08 in 3Q 2020)

ICRA Limited Announces Tenure of Appointment of Amit Kumar Gupta as Whole-Time Director, Expires on February 6, 2021

New 90-day high: ₹2,974

ICRA Limited to Report Q3, 2021 Results on Feb 04, 2021

New 90-day high: ₹2,961

New 90-day low: ₹2,599

Second quarter 2021 earnings released: EPS ₹19.18

ICRA Limited Announces Change in Directorate

New 90-day high: ₹2,855

Price target lowered to ₹2,549

Upcoming Dividend of ₹27.00 Per Share

First quarter earnings released

New 90-day high - ₹2,670

ICRA Limited to Report Q1, 2021 Results on Aug 27, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members