CARE Ratings Limited

NSEI:CARERATING Stock Report

Market Cap: ₹41.4b

CARE Ratings Management

Management criteria checks 1/4

CARE Ratings' CEO is Mehul Pandya, appointed in Jun 2022, has a tenure of 2.42 years. total yearly compensation is ₹35.86M, comprised of 53.6% salary and 46.4% bonuses, including company stock and options. directly owns 0.08% of the company’s shares, worth ₹33.05M. The average tenure of the management team and the board of directors is 2.4 years and 2.4 years respectively.

Key information

Mehul Pandya

Chief executive officer

₹35.9m

Total compensation

CEO salary percentage53.6%
CEO tenure2.4yrs
CEO ownership0.08%
Management average tenure2.4yrs
Board average tenure2.4yrs

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
Sep 30 2024n/an/a

₹1b

Jun 30 2024n/an/a

₹1b

Mar 31 2024₹36m₹19m

₹1b

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 ($USD424.71K) is above average for companies of similar size in the Indian market ($USD271.27K).

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

CEO

Mehul Pandya (52 yo)

2.4yrs

Tenure

₹35,864,978

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 & Director2.4yrs₹35.86m0.080%
₹ 33.1m
Jinesh Shah
Chief Financial Officer3.4yrs₹5.72mno data
Nadir Bhalwani
Chief Information & Technology Officer2.4yrsno datano data
C V Kumar
Company Secretary & Compliance Officerless than a yearno datano data
Mradul Mishra
Head of Corporate Communicationsno datano datano data
Aniruddha Sen
Chief Human Resources Officer2.4yrsno datano data
Sachin Gupta
Executive Director & Chief Ratings Officer3.7yrsno datano data
Rajani Sinha
Chief Economist2.6yrsno datano data
Smita Rajpurkar
Head of Criteria & Quality Control Team1.3yrsno datano data
Swati Jain
Co-CEO of Advisory CARE Analytics and Advisory Pvt. Ltd.no data₹3.07mno data
Saurav Chatterjee
CEO and Director of CARE Ratings Africa P Ltd2.4yrsno datano data
Rohit Inamdar
Chief Executive Officer of CARE ESG Ratings Ltdno datano datano data

2.4yrs

Average Tenure

Experienced Management: CARERATING's management team is considered experienced (2.4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Mehul Pandya
MD, Group CEO & Director2.3yrs₹35.86m0.080%
₹ 33.1m
Saurav Chatterjee
CEO and Director of CARE Ratings Africa P Ltd2.4yrsno datano data
Manoj Chugh
Non-Executive Independent Directorless than a yearno datano data
Sonal Desai
Non-Executive Independent Director5.7yrs₹2.62mno data
Gurumoorthy Mahalingam
Non-executive Independent Director2yrs₹2.82mno data
Thiru Chandrasekaran
Non-Executive Independent Director7yrs₹2.92mno data
Najib Shah
Non-Executive Independent Chairman5.3yrs₹4.34mno data
Madasamy Mathisekaran
Non-Executive Independent Director5.3yrs₹2.52mno data
Sobhag Jain
Non-Executive & Non-Independent Director1.8yrs₹2.52mno data

2.4yrs

Average Tenure

67yo

Average Age

Experienced Board: CARERATING's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.