IDFC Limited

NSEI:IDFC Stock Report

Market Cap: ₹172.8b

IDFC Management

Management criteria checks 2/4

IDFC's CEO is Mahendra Shah, appointed in Oct 2022, has a tenure of 2.17 years. directly owns 0.075% of the company’s shares, worth ₹129.58M. The average tenure of the management team and the board of directors is 12.2 years and 3.1 years respectively.

Key information

Mahendra Shah

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure2.2yrs
CEO ownership0.08%
Management average tenure12.2yrs
Board average tenure3.1yrs

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
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For IDFC Limited's (NSE:IDFC) CEO For Now

Is IDFC Limited (NSE:IDFC) A Risky Dividend Stock?

Feb 03
Is IDFC Limited (NSE:IDFC) A Risky Dividend Stock?

What Is The Ownership Structure Like For IDFC Limited (NSE:IDFC)?

Dec 12
What Is The Ownership Structure Like For IDFC Limited (NSE:IDFC)?

How Much Did IDFC's (NSE:IDFC) CEO Pocket Last Year?

Oct 20
How Much Did IDFC's (NSE:IDFC) CEO Pocket Last Year?

Does It Make Sense To Buy IDFC Limited (NSE:IDFC) For Its Yield?

Sep 15
Does It Make Sense To Buy IDFC Limited (NSE:IDFC) For Its Yield?

Is IDFC Limited's (NSE:IDFC) Shareholder Ownership Skewed Towards Insiders?

Aug 12
Is IDFC Limited's (NSE:IDFC) Shareholder Ownership Skewed Towards Insiders?

CEO Compensation Analysis

How has Mahendra Shah's remuneration changed compared to IDFC's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

₹9b

Mar 31 2024n/an/a

₹10b

Dec 31 2023n/an/a

₹6b

Jun 30 2023n/an/a

₹7b

Mar 31 2023₹38m₹10m

₹7b

Dec 31 2022n/an/a

₹10b

Sep 30 2022n/an/a

₹8b

Jun 30 2022n/an/a

₹7b

Mar 31 2022n/an/a

₹127m

Dec 31 2021n/an/a

-₹890m

Sep 30 2021n/an/a

-₹3b

Jun 30 2021n/an/a

-₹7b

Mar 31 2021n/an/a

-₹5b

Dec 31 2020n/an/a

-₹6b

Sep 30 2020n/an/a

-₹8b

Jun 30 2020n/an/a

-₹10b

Mar 31 2020₹18m₹13m

-₹10b

Compensation vs Market: Insufficient data to establish whether Mahendra's total compensation is reasonable compared to companies of similar size in the Indian market.

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

CEO

Mahendra Shah

2.2yrs

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

NamePositionTenureCompensationOwnership
Mahendra Shah
MD & Director2.2yrs₹37.76m0.075%
₹ 129.6m
Bipin Gemani
CFO & Whole Time Director6yrs₹16.87m0.12%
₹ 205.7m
Avtar Monga
Chief Operating Officerno datano datano data
Bimal Giri
Senior Director of Strategyno data₹1.77mno data
Rajeev Uberoi
Group Head of Legal & Compliance and General Counsel15.9yrsno datano data
Animesh Kumar
Group Head of Human Resources & Corporate Services and Co-Chief Executive Officer of IDFC Foundation12.7yrsno datano data
Suyash Choudhary
Head of Fixed Income12.2yrsno datano data

12.2yrs

Average Tenure

55yo

Average Age

Experienced Management: IDFC's management team is seasoned and experienced (12.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Mahendra Shah
MD & Director2.3yrs₹37.76m0.075%
₹ 129.6m
Bipin Gemani
CFO & Whole Time Director1.3yrs₹16.87m0.12%
₹ 205.7m
Deepak Parekh
Chairman of Advisory Councilno data₹306.25kno data
Anil Singhvi
Independent Non-Executive Chairman3.6yrs₹3.32mno data
R. Chandrashekhar
Member of Advisory Councilno datano datano data
Jaimini Bhagwati
Additional Independent Director3.6yrs₹3.04mno data
Anita Belani
Independent Director3.1yrs₹2.39mno data

3.1yrs

Average Tenure

68yo

Average Age

Experienced Board: IDFC's board of directors are considered experienced (3.1 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:00
End of Day Share Price 2024/10/09 00:00
Earnings2024/06/30
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

IDFC Limited is covered by 45 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
Mangesh KulkarniAlmondz Global Securities Ltd
Pankaj AgarwalAmbit Capital
null nullAnand Rathi Shares and Stock Brokers Limited