Home First Finance Company India Limited's (NSE:HOMEFIRST) CEO Will Probably Have Their Compensation Approved By Shareholders

Key Insights

• Home First Finance Company India to hold its Annual General Meeting on 25th of June
• CEO Manoj Viswanathan's total compensation includes salary of ₹15.3m
• The total compensation is similar to the average for the industry
• Home First Finance Company India's EPS grew by 20% over the past three years while total shareholder return over the past three years was 76%

AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early.

The performance at Home First Finance Company India Limited (NSE:HOMEFIRST) has been quite strong recently and CEO Manoj Viswanathan has played a role in it. Shareholders will have this at the front of their minds in the upcoming AGM on 25th of June. This would also be a chance for them to hear the board review the financial results, discuss future company strategy and vote on any resolutions such as executive remuneration. We think the CEO has done a pretty decent job and we discuss why the CEO compensation is appropriate.

Check out our latest analysis for Home First Finance Company India

Comparing Home First Finance Company India Limited's CEO Compensation With The Industry

At the time of writing, our data shows that Home First Finance Company India Limited has a market capitalization of ₹132b, and reported total annual CEO compensation of ₹28m for the year to March 2025. Notably, that's an increase of 20% over the year before. We note that the salary of ₹15.3m makes up a sizeable portion of the total compensation received by the CEO.

On comparing similar companies from the Indian Diversified Financial industry with market caps ranging from ₹86b to ₹277b, we found that the median CEO total compensation was ₹27m. From this we gather that Manoj Viswanathan is paid around the median for CEOs in the industry. What's more, Manoj Viswanathan holds ₹1.3b worth of shares in the company in their own name, indicating that they have a lot of skin in the game.

On an industry level, it's fascinating to see that all of total compensation represents salary and non-salary benefits do not factor into the equation at all. In Home First Finance Company India's case, non-salary compensation represents a greater slice of total remuneration, in comparison to the broader industry. If salary is the major component in total compensation, it suggests that the CEO receives a higher fixed proportion of the total compensation, regardless of performance.

A Look at Home First Finance Company India Limited's Growth Numbers

Over the past three years, Home First Finance Company India Limited has seen its earnings per share (EPS) grow by 20% per year. It achieved revenue growth of 29% over the last year.

Shareholders would be glad to know that the company has improved itself over the last few years. The combination of strong revenue growth with medium-term EPS improvement certainly points to the kind of growth we like to see. Moving away from current form for a second, it could be important to check this free visual depiction of what analysts expect for the future.

Has Home First Finance Company India Limited Been A Good Investment?

We think that the total shareholder return of 76%, over three years, would leave most Home First Finance Company India Limited shareholders smiling. So they may not be at all concerned if the CEO were to be paid more than is normal for companies around the same size.

In Summary...

The company's solid performance might have made most shareholders happy, possibly making CEO remuneration the least of the matters to be discussed in the AGM. However, investors will get the chance to engage on key strategic initiatives and future growth opportunities for the company and set their longer-term expectations.

CEO compensation is an important area to keep your eyes on, but we've also need to pay attention to other attributes of the company. We identified 4 warning signs for Home First Finance Company India (2 can't be ignored!) that you should be aware of before investing here.

Important note: Home First Finance Company India is an exciting stock, but we understand investors may be looking for an unencumbered balance sheet and blockbuster returns. You might find something better in this list of interesting companies with high ROE and low debt.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.