CARE Ratings Limited

NSEI:CARERATING Stock Report

Market Cap: ₹35.7b

CARE Ratings Management

Management criteria checks 2/4

CARE Ratings' CEO is Mehul Pandya, appointed in Jun 2022, has a tenure of 1.92 years. total yearly compensation is ₹27.11M, comprised of 46% salary and 54% bonuses, including company stock and options. directly owns 0.08% of the company’s shares, worth ₹28.52M. The average tenure of the management team and the board of directors is 1.9 years and 4.8 years respectively.

Key information

Mehul Pandya

Chief executive officer

₹27.1m

Total compensation

CEO salary percentage46.0%
CEO tenure1.9yrs
CEO ownership0.08%
Management average tenure1.9yrs
Board average tenure4.8yrs

Recent management updates

Recent updates

CARE Ratings Limited's (NSE:CARERATING) Business Is Yet to Catch Up With Its Share Price

Feb 02
CARE Ratings Limited's (NSE:CARERATING) Business Is Yet to Catch Up With Its Share Price

CARE Ratings Limited (NSE:CARERATING) Just Released Its Third-Quarter Earnings: Here's What Analysts Think

Feb 01
CARE Ratings Limited (NSE:CARERATING) Just Released Its Third-Quarter Earnings: Here's What Analysts Think

CARE Ratings (NSE:CARERATING) Has Announced That It Will Be Increasing Its Dividend To ₹6.00

Aug 21
CARE Ratings (NSE:CARERATING) Has Announced That It Will Be Increasing Its Dividend To ₹6.00

CARE Ratings (NSE:CARERATING) Is Increasing Its Dividend To ₹6.00

Aug 06
CARE Ratings (NSE:CARERATING) Is Increasing Its Dividend To ₹6.00

Read This Before Buying CARE Ratings Limited (NSE:CARERATING) For Its Dividend

Apr 01
Read This Before Buying CARE Ratings Limited (NSE:CARERATING) For Its Dividend

How Much Did CARE Ratings'(NSE:CARERATING) Shareholders Earn From Share Price Movements Over The Last Three Years?

Mar 05
How Much Did CARE Ratings'(NSE:CARERATING) Shareholders Earn From Share Price Movements Over The Last Three Years?

What Kind Of Shareholders Hold The Majority In CARE Ratings Limited's (NSE:CARERATING) Shares?

Feb 05
What Kind Of Shareholders Hold The Majority In CARE Ratings Limited's (NSE:CARERATING) Shares?

Tread With Caution Around CARE Ratings Limited's (NSE:CARERATING) 3.7% Dividend Yield

Jan 01
Tread With Caution Around CARE Ratings Limited's (NSE:CARERATING) 3.7% Dividend Yield

If You Had Bought CARE Ratings' (NSE:CARERATING) Shares Three Years Ago You Would Be Down 63%

Nov 27
If You Had Bought CARE Ratings' (NSE:CARERATING) Shares Three Years Ago You Would Be Down 63%

CEO Compensation Analysis

How has Mehul Pandya's remuneration changed compared to CARE Ratings's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

₹960m

Sep 30 2023n/an/a

₹885m

Jun 30 2023n/an/a

₹877m

Mar 31 2023₹27m₹12m

₹835m

Dec 31 2022n/an/a

₹868m

Sep 30 2022n/an/a

₹854m

Jun 30 2022n/an/a

₹777m

Mar 31 2022₹17mn/a

₹751m

Dec 31 2021n/an/a

₹783m

Sep 30 2021n/an/a

₹824m

Jun 30 2021n/an/a

₹912m

Mar 31 2021₹13mn/a

₹895m

Dec 31 2020n/an/a

₹787m

Sep 30 2020n/an/a

₹775m

Jun 30 2020n/an/a

₹785m

Mar 31 2020₹10m₹9m

₹824m

Dec 31 2019n/an/a

₹1b

Sep 30 2019n/an/a

₹1b

Jun 30 2019n/an/a

₹1b

Mar 31 2019₹9m₹9m

₹1b

Dec 31 2018n/an/a

₹1b

Sep 30 2018n/an/a

₹2b

Jun 30 2018n/an/a

₹2b

Mar 31 2018₹9m₹7m

₹2b

Compensation vs Market: Mehul's total compensation ($USD324.76K) is about average for companies of similar size in the Indian market ($USD271.33K).

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

CEO

Mehul Pandya (51 yo)

1.9yrs

Tenure

₹27,108,476

Compensation

Mr. Mehul Harshadray Pandya serves as Managing Director & Chief Executive Officer of CARE Ratings Limited since August 2022. He serves as Group Chief Executive Officer of CARE Ratings Limited since March 1...

Leadership Team

NamePositionTenureCompensationOwnership
Mehul Pandya
MD, Group CEO & Director1.9yrs₹27.11m0.080%
₹ 28.5m
Jinesh Shah
Chief Financial Officer2.9yrs₹5.72mno data
Nadir Bhalwani
Chief Information & Technology Officer1.9yrsno datano data
Nehal Shah
Head of Compliance2.9yrs₹9.16mno data
Mradul Mishra
Head of Corporate Communicationsno datano datano data
Aniruddha Sen
Chief Human Resources Officer1.9yrsno datano data
Sachin Gupta
Executive Director & Chief Ratings Officer3.2yrsno datano data
Rajani Sinha
Chief Economist2.1yrsno datano data
Sushmita Majumdar
Co-CEO of CARE Advisory Research & Training P Ltd.2.1yrsno datano data
Padmanabh Bhagavath
Head of Rating Operationsless than a yearno datano data
Smita Rajpurkar
Head of Criteria & Quality Control Teamless than a yearno datano data
Ranjan Sharma
Head of Large Corporate Groupless than a yearno datano data

1.9yrs

Average Tenure

Experienced Management: CARERATING's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Mehul Pandya
MD, Group CEO & Director1.8yrs₹27.11m0.080%
₹ 28.5m
Saurav Chatterjee
CEO and Director of CARE Ratings Africa P Ltd1.9yrsno datano data
Adesh Gupta
Non-Executive Independent Director6yrs₹3.06mno data
Sonal Desai
Non-Executive Independent Director5.2yrs₹2.81mno data
Gurumoorthy Mahalingam
Additional Non-executive Independent Director1.5yrs₹1.76mno data
Thiru Chandrasekaran
Non-Executive Independent Director6.5yrs₹3.11mno data
Najib Shah
Non-Executive Independent Chairman4.8yrs₹4.07mno data
Madasamy Mathisekaran
Non-Executive Independent Director4.8yrs₹2.56mno data
Sobhag Jain
Additional Non-Executive & Non-Independent Director1.3yrs₹150.00kno data

4.8yrs

Average Tenure

66yo

Average Age

Experienced Board: CARERATING's board of directors are considered experienced (4.8 years average tenure).

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