HDFC Asset Management Company Limited

NSEI:HDFCAMC Stock Report

Market Cap: ₹910.9b

HDFC Asset Management Management

Management criteria checks 3/4

HDFC Asset Management's CEO is Navneet Munot, appointed in Feb 2021, has a tenure of 3.83 years. total yearly compensation is ₹84.75M, comprised of 54% salary and 46% bonuses, including company stock and options. directly owns 0.01% of the company’s shares, worth ₹93.37M. The average tenure of the management team and the board of directors is 1.7 years and 6.2 years respectively.

Key information

Navneet Munot

Chief executive officer

₹84.8m

Total compensation

CEO salary percentage54.0%
CEO tenure3.8yrs
CEO ownership0.01%
Management average tenure1.7yrs
Board average tenure6.2yrs

Recent management updates

Increases to HDFC Asset Management Company Limited's (NSE:HDFCAMC) CEO Compensation Might Cool off for now

Jul 19
Increases to HDFC Asset Management Company Limited's (NSE:HDFCAMC) CEO Compensation Might Cool off for now

Recent updates

HDFC Asset Management Company Limited Just Recorded A 6.7% Revenue Beat: Here's What Analysts Think

Oct 18
HDFC Asset Management Company Limited Just Recorded A 6.7% Revenue Beat: Here's What Analysts Think

Investor Optimism Abounds HDFC Asset Management Company Limited (NSE:HDFCAMC) But Growth Is Lacking

Sep 29
Investor Optimism Abounds HDFC Asset Management Company Limited (NSE:HDFCAMC) But Growth Is Lacking

Increases to HDFC Asset Management Company Limited's (NSE:HDFCAMC) CEO Compensation Might Cool off for now

Jul 19
Increases to HDFC Asset Management Company Limited's (NSE:HDFCAMC) CEO Compensation Might Cool off for now

HDFC Asset Management Company Limited Just Beat Revenue Estimates By 11%

Jul 17
HDFC Asset Management Company Limited Just Beat Revenue Estimates By 11%

HDFC Asset Management's (NSE:HDFCAMC) Upcoming Dividend Will Be Larger Than Last Year's

Jun 18
HDFC Asset Management's (NSE:HDFCAMC) Upcoming Dividend Will Be Larger Than Last Year's

HDFC Asset Management (NSE:HDFCAMC) Is Paying Out A Larger Dividend Than Last Year

Jun 04
HDFC Asset Management (NSE:HDFCAMC) Is Paying Out A Larger Dividend Than Last Year

HDFC Asset Management Company Limited (NSE:HDFCAMC) Just Released Its Annual Earnings: Here's What Analysts Think

Apr 22
HDFC Asset Management Company Limited (NSE:HDFCAMC) Just Released Its Annual Earnings: Here's What Analysts Think

Here's Why We Think HDFC Asset Management (NSE:HDFCAMC) Is Well Worth Watching

Feb 26
Here's Why We Think HDFC Asset Management (NSE:HDFCAMC) Is Well Worth Watching

HDFC Asset Management Company Limited (NSE:HDFCAMC) Just Beat EPS By 11%: Here's What Analysts Are Forecasting For Next Year

Jan 14
HDFC Asset Management Company Limited (NSE:HDFCAMC) Just Beat EPS By 11%: Here's What Analysts Are Forecasting For Next Year

Risks To Shareholder Returns Are Elevated At These Prices For HDFC Asset Management Company Limited (NSE:HDFCAMC)

Jan 07
Risks To Shareholder Returns Are Elevated At These Prices For HDFC Asset Management Company Limited (NSE:HDFCAMC)

CEO Compensation Analysis

How has Navneet Munot's remuneration changed compared to HDFC Asset Management's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹22b

Jun 30 2024n/an/a

₹21b

Mar 31 2024₹85m₹46m

₹19b

Dec 31 2023n/an/a

₹18b

Sep 30 2023n/an/a

₹17b

Jun 30 2023n/an/a

₹16b

Mar 31 2023₹78m₹44m

₹14b

Dec 31 2022n/an/a

₹14b

Sep 30 2022n/an/a

₹14b

Jun 30 2022n/an/a

₹14b

Mar 31 2022₹74m₹41m

₹14b

Dec 31 2021n/an/a

₹14b

Sep 30 2021n/an/a

₹14b

Jun 30 2021n/an/a

₹14b

Mar 31 2021₹33m₹5m

₹13b

Compensation vs Market: Navneet's total compensation ($USD997.52K) is about average for companies of similar size in the Indian market ($USD1.05M).

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

CEO

Navneet Munot (53 yo)

3.8yrs

Tenure

₹84,750,644

Compensation

Mr. Navneet Munot, CFA, has been Managing Director, Chief Executive Officer and Director of HDFC Asset Management Company Limited since February 16, 2021. He served as the Chief Investment Officer at SBI F...

Leadership Team

NamePositionTenureCompensationOwnership
Navneet Munot
MD, CEO & Director3.8yrs₹84.75m0.010%
₹ 93.4m
Naozad Sirwalla
Chief Financial Officer2.8yrsno datano data
V. Babu
Head of Operationsno datano data0.023%
₹ 213.1m
Prashant Jain
Chief Investment Officerno datano datano data
Simal Kanuga
Head of PMS Salesno datano datano data
Supriya Sapre
Chief Compliance Officerno datano datano data
Sonali Chandak
Head of Legal & Company Secretaryless than a yearno datano data
Kiran Kaushik
Senior Vice President and Head of Sales and Distributionno datano datano data
Harish Narayanan
Chief Digital & Marketing Officerless than a yearno datano data
Alok Sheopurkar
Executive VP & Head of Human Resourcesno datano data0.023%
₹ 209.5m
Shobhit Mehrotra
Head of Fixed Incomeno datano data0.096%
₹ 876.0m
Chirag Setalvad
Head of Equitiesno datano datano data

1.7yrs

Average Tenure

56yo

Average Age

Experienced Management: HDFCAMC's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Navneet Munot
MD, CEO & Director3.8yrs₹84.75m0.010%
₹ 93.4m
Deepak Parekh
Chairman of the Board24.4yrs₹5.10mno data
Renu Karnad
Non-Executive Director24.4yrs₹4.50m0.079%
₹ 717.5m
Dhruv Kaji
Non-Executive Independent Director6.2yrs₹5.20mno data
Jairaj Purandare
Non-Executive Independent Director6.2yrs₹5.00mno data
Roshni Malhotra
Additional Non-Executive Independent Women Director5.7yrs₹3.30mno data
Parag Shah
Non-Executive Independent Director5.9yrs₹4.30mno data
Sanjay Bhandarkar
Non-Executive Independent Director6.2yrs₹5.30mno data
V. Rangan
Additional Non-Executive Non-Independent Directorless than a yearno datano data

6.2yrs

Average Tenure

60.5yo

Average Age

Experienced Board: HDFCAMC's board of directors are considered experienced (6.2 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 22:53
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

HDFC Asset Management Company Limited is covered by 39 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Praveen AgarwalAxis Capital Limited
Swarnabha MukherjeeBatlivala & Karani Securities India Pvt. Ltd.
null nullBatlivala & Karani Securities India Pvt. Ltd.