Indian Energy Exchange Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Satyanarayan Goel

Chief executive officer

₹35.1m

Total compensation

CEO salary percentage	58.2%
CEO tenure	3.7yrs
CEO ownership	n/a
Management average tenure	4.3yrs
Board average tenure	5.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Satyanarayan Goel's remuneration changed compared to Indian Energy Exchange's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	₹3b
Sep 30 2023	n/a	n/a	₹3b
Jun 30 2023	n/a	n/a	₹3b
Mar 31 2023	₹35m	₹20m	₹3b
Dec 31 2022	n/a	n/a	₹3b
Sep 30 2022	n/a	n/a	₹3b
Jun 30 2022	n/a	n/a	₹3b
Mar 31 2022	₹36m	₹18m	₹3b
Dec 31 2021	n/a	n/a	₹3b
Sep 30 2021	n/a	n/a	₹3b
Jun 30 2021	n/a	n/a	₹2b
Mar 31 2021	₹25m	₹2m	₹2b
Dec 31 2020	n/a	n/a	₹2b
Sep 30 2020	n/a	n/a	₹2b
Jun 30 2020	n/a	n/a	₹2b
Mar 31 2020	₹22m	₹5m	₹2b
Dec 31 2019	n/a	n/a	₹2b
Sep 30 2019	n/a	n/a	₹2b
Jun 30 2019	n/a	n/a	₹2b
Mar 31 2019	₹22m	₹16m	₹2b
Dec 31 2018	n/a	n/a	₹2b
Sep 30 2018	n/a	n/a	₹2b
Jun 30 2018	n/a	n/a	₹1b
Mar 31 2018	₹23m	₹15m	₹1b

Compensation vs Market: Satyanarayan's total compensation ($USD421.13K) is about average for companies of similar size in the Indian market ($USD445.50K).

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

CEO

Satyanarayan Goel (69 yo)

3.7yrs

Tenure

₹35,103,000

Compensation

Mr. Satyanarayan N. Goel serves as Managing Director and Chief Executive Officer at Indian Energy Exchange Limited since August 24, 2020. He has been Chairman of Indian Energy Exchange Limited since July 2...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Satyanarayan Goel	MD, CEO & Chairman	3.7yrs	₹35.10m	no data
Vineet Harlalka	CFO, Compliance Officer & Company Secretary	no data	₹12.61m	no data
Indranil Chatterjee	Head of Risk	8.3yrs	₹6.51m	no data
Amit Kumar	Head of Market Operations & New Product Initiatives	5.4yrs	₹10.60m	no data
Deepak Mehta	Senior Vice President of Business Development - Gas Business	4.3yrs	no data	no data
Jogendra Behera	VP & Chief Risk Officer	no data	₹6.77m	no data
Ravi Kuchi	Vice President of Business Development	3.9yrs	₹7.15m	no data

4.3yrs

Average Tenure

46yo

Average Age

Experienced Management: 540750's management team is considered experienced (4.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Satyanarayan Goel	MD, CEO & Chairman	11.5yrs	₹35.10m	no data
Ram Shahi	Chairman of the Advisory Board	no data	no data	no data
Tejpreet Chopra	Non-Executive Independent Director	5.1yrs	₹390.00k	0.0017% ₹ 2.4m
Gautam Dalmia	Non-Executive Non-Independent Director	5.3yrs	no data	0.0010% ₹ 1.4m
Kayyalathu Chacko	Non-Executive Independent Director	11.9yrs	₹1.67m	no data
Amit Garg	Non-Executive & Non-Independent Director	3.9yrs	₹1.23m	no data
Sudha Pillai	Non Executive Independent Director	5yrs	₹1.75m	no data

5.2yrs

Average Tenure

69yo

Average Age

Experienced Board: 540750's board of directors are considered experienced (5.2 years average tenure).

Indian Energy Exchange Management

Management criteria checks 4/4

Key information

Recent management updates

Indian Energy Exchange Limited, Annual General Meeting, Sep 05, 2023

Insufficient new directors

Indian Energy Exchange Limited, Annual General Meeting, Sep 02, 2022

Indian Energy Exchange Limited Announces Cessation of Rajeev Gupta as Director

Insider recently sold ₹1.3m worth of stock

Insider recently sold ₹615k worth of stock

Recent updates

Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Indian Energy Exchange Limited Approves Interim Dividend for the Financial Year 2023-24

Indian Energy Exchange Limited to Report Q3, 2024 Results on Jan 25, 2024

Investor sentiment deteriorates as stock falls 18%

Second quarter 2024 earnings: EPS exceeds analyst expectations

Indian Energy Exchange Limited to Report Q2, 2024 Results on Nov 02, 2023

Indian Energy Exchange Limited Declares Final Dividend for the Financial Year Ended March 31, 2023

Indian Energy Exchange Limited to Report Q4, 2024 Results on May 30, 2024

Indian Energy Exchange Limited, Annual General Meeting, Sep 05, 2023

First quarter 2024 earnings released: EPS: ₹0.85 (vs ₹0.77 in 1Q 2023)

Price target decreased by 7.2% to ₹135

Investor sentiment deteriorates as stock falls 20%

Insufficient new directors

Indian Energy Exchange Limited Recommends Final Dividend for the Financial Year Ended March 31, 2023

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Indian Energy Exchange Limited to Report Q4, 2023 Results on May 25, 2023

Investor sentiment improves as stock rises 17%

Third quarter 2023 earnings released: EPS: ₹0.86 (vs ₹0.90 in 3Q 2022)

Indian Energy Exchange Limited to Report Q3, 2023 Results on Jan 20, 2023

Indian Energy Exchange Limited (BSE:540750) announces an Equity Buyback for 4,900,000 shares, for INR 980 million.

Price target decreased to ₹141

Price target decreased to ₹141

Second quarter 2023 earnings released: EPS: ₹0.79 (vs ₹0.87 in 2Q 2022)

Indian Energy Exchange Limited to Report Q2, 2023 Results on Oct 20, 2022

Indian Energy Exchange Limited Approves Final Dividend for the Financial Year Ended March 31, 2022

Price target decreased to ₹156

Indian Energy Exchange Limited, Annual General Meeting, Sep 02, 2022

Price target decreased to ₹168

Indian Energy Exchange Limited Recommends Final Dividend for the Financial Year Ended March 31, 2022

First quarter 2023 earnings released: EPS: ₹0.77 (vs ₹0.70 in 1Q 2022)

Indian Energy Exchange Limited to Report Q1, 2023 Results on Jul 25, 2022

Indian Energy Exchange Limited Announces Cessation of Rajeev Gupta as Director

Price target decreased to ₹204

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Indian Energy Exchange Limited Recommends Final Dividend for the Year Ended March 31, 2022

Indian Energy Exchange Limited to Report Q4, 2022 Results on Apr 27, 2022

Upcoming dividend of ₹1.00 per share

Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Indian Oil Corporation Limited (NSEI:IOC) completed the acquisition of 4.93% stake in from Indian Energy Exchange Limited (BSE:540750).

Second quarter 2022 earnings released: EPS ₹2.60 (vs ₹1.49 in 2Q 2021)

Price target increased to ₹444

Insider recently sold ₹1.3m worth of stock

Insider recently sold ₹615k worth of stock

Insider recently sold ₹1.2m worth of stock

Investor sentiment improved over the past week

Upcoming dividend of ₹1.50 per share

Director of Strategy recently sold ₹2.2m worth of stock

Price target increased to ₹405

First quarter 2022 earnings released: EPS ₹2.10 (vs ₹1.41 in 1Q 2021)

Insider recently sold ₹5.3m worth of stock

Head of Corporate Communications & CSR recently sold ₹4.4m worth of stock

Head of Business Development recently sold ₹941k worth of stock

Head of Business Development recently sold ₹361k worth of stock

Price target increased to ₹359

Head of Business Development recently sold ₹1.1m worth of stock

Full year 2021 earnings released: EPS ₹6.91 (vs ₹5.89 in FY 2020)

Head of Risk recently sold ₹3.2m worth of stock

Investor sentiment improved over the past week

NSE Investments Limited agreed to acquire 26% stake in Indian Gas Exchange Limited from Indian Energy Exchange Limited (BSE:540750) for approximately INR 190 million.

Price target raised to ₹292

New 90-day high: ₹311

Investor sentiment improved over the past week

GAIL (India) Limited (NSEI:GAIL) acquired 5% stake in Indian Gas Exchange Limited from Indian Energy Exchange Limited (BSE:540750) for INR 36.9 million.

New 90-day high: ₹251

Torrent Gas Private Limited completed the acquisition of 5% stake in Indian Gas Exchange Limited from Indian Energy Exchange Limited (BSE:540750).

Price target raised to ₹244

Adani Total Gas Limited (NSEI:ATGL) signed a share purchase agreement to acquire a 5% stake in Indian Gas Exchange Limited from Indian Energy Exchange Limited (BSE:540750) for INR 36.9 million.

Torrent Gas Private Limited signed a share purchase agreement to acquire 5% stake in Indian Gas Exchange Limited from Indian Energy Exchange Limited (BSE:540750) for INR 36.9 million.

Third quarter 2021 earnings released: EPS ₹1.95