IBL Finance Management

Management criteria checks 3/4

IBL Finance's CEO is Manishbhai Patel, appointed in May 2023, has a tenure of 1.58 years. total yearly compensation is ₹3.00M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 0% of the company’s shares, worth ₹3.24K. The average tenure of the management team and the board of directors is 1.6 years and 4.5 years respectively.

Key information

Manishbhai Patel

Chief executive officer

₹3.0m

Total compensation

CEO salary percentage100.0%
CEO tenure1.6yrs
CEO ownership0.0003%
Management average tenure1.6yrs
Board average tenure4.5yrs

Recent management updates

Recent updates

IBL Finance Limited's (NSE:IBLFL) Share Price Not Quite Adding Up

Sep 07
IBL Finance Limited's (NSE:IBLFL) Share Price Not Quite Adding Up

CEO Compensation Analysis

How has Manishbhai Patel's remuneration changed compared to IBL Finance's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹23m

Jun 30 2024n/an/a

₹23m

Mar 31 2024₹3m₹3m

₹23m

Dec 31 2023n/an/a

₹24m

Sep 30 2023n/an/a

₹24m

Jun 30 2023n/an/a

₹22m

Mar 31 2023₹5mn/a

₹20m

Mar 31 2022₹1mn/a

₹4m

Mar 31 2021₹957kn/a

-₹988k

Compensation vs Market: Manishbhai's total compensation ($USD35.31K) is about average for companies of similar size in the Indian market ($USD42.37K).

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


CEO

Manishbhai Patel (38 yo)

1.6yrs

Tenure

₹3,000,000

Compensation

Mr. Manishbhai Mansukbhai Patel is the Chairman at IBL Finance Limited since June 21, 2023 and has been its Managing Director since May 27, 2023 and has been its Director since August 03, 2017. He was prev...


Leadership Team

NamePositionTenureCompensationOwnership
Manishbhai Patel
Chairman & MD1.6yrs₹3.00m0.00025%
₹ 3.2k
Mansukhbhai Patel
Whole-Time Director7.3yrs₹1.50m0.00012%
₹ 1.6k
Piyush Patel
Whole-Time Director7.3yrs₹3.00m0.00015%
₹ 1.9k
Dhaval Mashru
Chief Financial Officerless than a yearno datano data
Mansi Jain
Company Secretary & Compliance Officerless than a yearno datano data

1.6yrs

Average Tenure

44yo

Average Age

Experienced Management: IBLFL's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Manishbhai Patel
Chairman & MD7.3yrs₹3.00m0.00025%
₹ 3.2k
Mansukhbhai Patel
Whole-Time Director7.3yrs₹1.50m0.00012%
₹ 1.6k
Piyush Patel
Whole-Time Director7.3yrs₹3.00m0.00015%
₹ 1.9k
Bipinkumar Hirpara
Non-Executive Independent Director1.7yrsno datano data
Ajaykumar Baldha
Non-Executive Director1.7yrsno data0.14%
₹ 1.9m
Hitisha Chanchad
Non-Executive Independent Director1.7yrsno datano data

4.5yrs

Average Tenure

41yo

Average Age

Experienced Board: IBLFL's board of directors are considered experienced (4.5 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 23:28
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

IBL Finance Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution