IDFC Management
Management criteria checks 2/4
IDFC's CEO is Mahendra Shah, appointed in Oct 2022, has a tenure of 1.92 years. total yearly compensation is ₹37.76M, comprised of 27% salary and 73% bonuses, including company stock and options. directly owns 0.075% of the company’s shares, worth ₹133.41M. The average tenure of the management team and the board of directors is 8.8 years and 2.8 years respectively.
Key information
Mahendra Shah
Chief executive officer
₹37.8m
Total compensation
| CEO salary percentage | 27.0% |
| CEO tenure | 1.9yrs |
| CEO ownership | 0.08% |
| Management average tenure | 8.8yrs |
| Board average tenure | 2.8yrs |
Recent management updates
Recent updates
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For IDFC Limited's (NSE:IDFC) CEO For Now
Sep 15
Is IDFC Limited (NSE:IDFC) A Risky Dividend Stock?
Feb 03What Is The Ownership Structure Like For IDFC Limited (NSE:IDFC)?
Dec 12
How Much Did IDFC's (NSE:IDFC) CEO Pocket Last Year?
Oct 20
Does It Make Sense To Buy IDFC Limited (NSE:IDFC) For Its Yield?
Sep 15
Is IDFC Limited's (NSE:IDFC) Shareholder Ownership Skewed Towards Insiders?
Aug 12CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | ₹9b |
| Mar 31 2024 | n/a | n/a | ₹10b |
| Dec 31 2023 | n/a | n/a | ₹6b |
| Jun 30 2023 | n/a | n/a | ₹7b |
| Mar 31 2023 | ₹38m | ₹10m | ₹7b |
| Dec 31 2022 | n/a | n/a | ₹10b |
| Sep 30 2022 | n/a | n/a | ₹8b |
| Jun 30 2022 | n/a | n/a | ₹7b |
| Mar 31 2022 | n/a | n/a | ₹127m |
| Dec 31 2021 | n/a | n/a | -₹890m |
| Sep 30 2021 | n/a | n/a | -₹3b |
| Jun 30 2021 | n/a | n/a | -₹7b |
| Mar 31 2021 | n/a | n/a | -₹5b |
| Dec 31 2020 | n/a | n/a | -₹6b |
| Sep 30 2020 | n/a | n/a | -₹8b |
| Jun 30 2020 | n/a | n/a | -₹10b |
| Mar 31 2020 | ₹18m | ₹13m | -₹10b |
Compensation vs Market: Mahendra's total compensation ($USD449.65K) is about average for companies of similar size in the Indian market ($USD476.00K).
Compensation vs Earnings: Mahendra's compensation has increased by more than 20% in the past year.
CEO
Mahendra Shah
1.9yrs
Tenure
₹37,760,129
Compensation
Mr. Mahendra N. Shah served as Group Chief Compliance Officer and Group Company Secretary at IDFC First Bank Limited until December 18, 2018 and served as its Non-Executive Non-Independent Director since A...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 1.9yrs | ₹37.76m | 0.075% ₹ 133.4m | |
| CFO & Whole Time Director | 5.8yrs | ₹16.87m | 0.12% ₹ 211.8m | |
| Chief Operating Officer | no data | no data | no data | |
| Senior Director of Strategy | no data | ₹1.77m | no data | |
| Group Head of Legal & Compliance and General Counsel | 15.7yrs | no data | no data | |
| Company Secretary & Compliance Officer | 2.1yrs | no data | no data | |
| Group Head of Human Resources & Corporate Services and Co-Chief Executive Officer of IDFC Foundation | 12.4yrs | no data | no data | |
| Head of Fixed Income | 11.9yrs | no data | 0.0075% ₹ 13.3m |
8.8yrs
Average Tenure
55yo
Average Age
Experienced Management: IDFC's management team is seasoned and experienced (8.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 2.1yrs | ₹37.76m | 0.075% ₹ 133.4m | |
| CFO & Whole Time Director | 1.1yrs | ₹16.87m | 0.12% ₹ 211.8m | |
| Chairman of Advisory Council | no data | ₹306.25k | no data | |
| Independent Non-Executive Chairman | 3.3yrs | ₹3.32m | 0% ₹ 0 | |
| Member of Advisory Council | no data | no data | no data | |
| Additional Independent Director | 3.3yrs | ₹3.04m | no data | |
| Independent Director | 2.8yrs | ₹2.39m | no data |
2.8yrs
Average Tenure
68yo
Average Age
Experienced Board: IDFC's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.