IIFL Securities Management

Management criteria checks 2/4

IIFL Securities' CEO is H. Nemkumar, appointed in May 2024, has a tenure of less than a year. total yearly compensation is ₹13.71M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 0.64% of the company’s shares, worth ₹675.18M. The average tenure of the management team and the board of directors is 0.5 years and 4.7 years respectively.

Key information

H. Nemkumar

Chief executive officer

₹13.7m

Total compensation

CEO salary percentage	100.0%
CEO tenure	less than a year
CEO ownership	0.6%
Management average tenure	less than a year
Board average tenure	4.7yrs

Recent management updates

Recent updates

IIFL Securities Limited (NSE:IIFLSEC) Soars 35% But It's A Story Of Risk Vs Reward

Aug 21

Is Now The Time To Put IIFL Securities (NSE:IIFLSEC) On Your Watchlist?

May 22

IIFL Securities Limited (NSE:IIFLSEC) Stock Rockets 31% But Many Are Still Ignoring The Company

May 22

IIFL Securities Limited (NSE:IIFLSEC) Stock's 29% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Mar 19

Investors Still Aren't Entirely Convinced By IIFL Securities Limited's (NSE:IIFLSEC) Earnings Despite 25% Price Jump

Dec 27

Here's Why I Think IIFL Securities (NSE:IIFLSEC) Might Deserve Your Attention Today

Nov 30

Does IIFL Securities (NSE:IIFLSEC) Deserve A Spot On Your Watchlist?

Aug 30

Would IIFL Securities Limited (NSE:IIFLSEC) Be Valuable To Income Investors?

Apr 18

IIFL Securities Limited (NSE:IIFLSEC) Stock Goes Ex-Dividend In Just Three Days

Mar 13

Does IIFL Securities' (NSE:IIFLSEC) Share Price Gain of 21% Match Its Business Performance?

Mar 04

Do Institutions Own IIFL Securities Limited (NSE:IIFLSEC) Shares?

Feb 05

Is IIFL Securities Limited (NSE:IIFLSEC) The Right Choice For A Smart Dividend Investor?

Jan 07

Should You Review Recent Insider Transactions At IIFL Securities Limited (NSE:IIFLSEC)?

Nov 30

CEO Compensation Analysis

How has H. Nemkumar's remuneration changed compared to IIFL Securities's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	₹6b
Mar 31 2024	₹14m	₹14m	₹5b

Compensation vs Market: H.'s total compensation ($USD163.76K) is below average for companies of similar size in the Indian market ($USD500.36K).

Compensation vs Earnings: Insufficient data to compare H.'s compensation with company performance.

CEO

H. Nemkumar (59 yo)

less than a year

Tenure

₹13,709,677

Compensation

Mr. H. Nemkumar serves as Managing Director since May 15, 2024, is President of Institutional Equities at IIFL Securities Limited and serves a sits Whole-Time Director since October 17, 2023.

Leadership Team

Name	Position	Tenure	Compensation	Ownership
H. Nemkumar	MD, Whole-time Director & President of Institutional Equities	less than a year	₹13.71m	0.64% ₹ 675.2m
Narendra Jain	Whole Time Director	no data	₹16.03m	0.044% ₹ 46.0m
Ronak Gandhi	Chief Financial Officer	4.9yrs	₹2.62m	no data
Amit Srivastava	Senior Managing Partner & Head of Investments	less than a year	no data	no data
Nipun Goel	Head of Investment Banking	no data	no data	no data
Prasad Umarale	Chief Compliance Officer	no data	no data	no data
Geetha Menon	Head of Human Resources	less than a year	no data	no data
Vasudev Jagannath	Head of Institutional Equities	no data	no data	no data
G. Giri	Senior Vice President of Institutional Research	no data	no data	no data
Chintan Modi	Head of Franchisee	no data	no data	no data
Sandeep Bhardwaj	Chief Executive Officer of Retail Broking	no data	no data	no data
Dharmender Narang	Head of Customer Service	no data	no data	no data

0.5yrs

Average Tenure

Experienced Management: IIFLSEC's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
H. Nemkumar	MD, Whole-time Director & President of Institutional Equities	less than a year	₹13.71m	0.64% ₹ 675.2m
Narendra Jain	Whole Time Director	5.3yrs	₹16.03m	0.044% ₹ 46.0m
Rajamani Venkataraman	Chairman	5.3yrs	₹60.45m	3.68% ₹ 3.9b
Anand Bathiya	Independent Non-Executive Director	4yrs	₹1.69m	no data
Rekha Warriar	Non-Executive Independent Director	5.3yrs	₹1.68m	no data
Shamik Sharma	Non-Executive Independent Director	4.7yrs	₹1.41m	no data
Viswanathan Krishnan	Independent Non-Executive Director	3.7yrs	₹1.62m	no data

4.7yrs

Average Tenure

56yo

Average Age

Experienced Board: IIFLSEC's board of directors are considered experienced (4.7 years average tenure).

IIFL Securities Management

Management criteria checks 2/4

Key information

Recent management updates

Insufficient new directors

IIFL Securities Limited, Annual General Meeting, Aug 05, 2024

IIFL Securities Limited Appoints Narendra Jain as A Whole-Time Director

Insufficient new directors

Iifl Securities Limited Appoints Aditya Sisodia as Chief Technology Officer (Retail Broking) and Geetha Menon as Head - Human Resources, Effective January 22, 2024

IIFL Securities Limited Announces Resignation of Deepan Raje, Head - Human Resources (Senior Management Personnel)

Recent updates

Investor sentiment improves as stock rises 17%

IIFL Securities Limited (NSE:IIFLSEC) Soars 35% But It's A Story Of Risk Vs Reward

IIFL Securities Limited to Report Q1, 2025 Results on Jul 31, 2024

Insufficient new directors

Full year 2024 earnings released: EPS: ₹16.73 (vs ₹8.22 in FY 2023)

IIFL Securities Limited, Annual General Meeting, Aug 05, 2024

Investor sentiment improves as stock rises 29%

New major risk - Share price stability

Is Now The Time To Put IIFL Securities (NSE:IIFLSEC) On Your Watchlist?

IIFL Securities Limited (NSE:IIFLSEC) Stock Rockets 31% But Many Are Still Ignoring The Company

Full year 2024 earnings released: EPS: ₹16.73 (vs ₹8.22 in FY 2023)

Investor sentiment improves as stock rises 23%

IIFL Securities Limited Appoints Narendra Jain as A Whole-Time Director

Investor sentiment improves as stock rises 17%

IIFL Securities Limited (NSE:IIFLSEC) Stock's 29% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Upcoming dividend of ₹3.00 per share

Investor sentiment deteriorates as stock falls 16%

IIFL Securities Limited Approves an Interim Dividend for the Financial Year 2023-2024, Payable on or Before March 30, 2024

Investor sentiment improves as stock rises 17%

Insufficient new directors

Iifl Securities Limited Appoints Aditya Sisodia as Chief Technology Officer (Retail Broking) and Geetha Menon as Head - Human Resources, Effective January 22, 2024

Third quarter 2024 earnings released: EPS: ₹4.91 (vs ₹2.12 in 3Q 2023)

IIFL Securities Limited to Report Q3, 2024 Results on Jan 22, 2024

Investors Still Aren't Entirely Convinced By IIFL Securities Limited's (NSE:IIFLSEC) Earnings Despite 25% Price Jump

Is Now The Time To Put IIFL Securities (NSE:IIFLSEC) On Your Watchlist?

Second quarter 2024 earnings released: EPS: ₹3.53 (vs ₹1.83 in 2Q 2023)

IIFL Securities Limited to Report Q2, 2024 Results on Oct 17, 2023

Investor sentiment improves as stock rises 15%

IIFL Securities Limited Announces Resignation of Deepan Raje, Head - Human Resources (Senior Management Personnel)

IIFL Securities Limited, Annual General Meeting, Aug 31, 2023

IIFL Securities Limited, Annual General Meeting, Aug 31, 2023

New major risk - Revenue and earnings growth

First quarter 2024 earnings released: EPS: ₹2.45 (vs ₹1.44 in 1Q 2023)

Investor sentiment deteriorates as stock falls 15%

Full year 2023 earnings released: EPS: ₹8.22 (vs ₹10.09 in FY 2022)

Upcoming dividend of ₹3.00 per share at 4.5% yield

IIFL Securities (NSE:IIFLSEC) Is Paying Out A Dividend Of ₹3.00

IIFL Securities Limited Announces Dividend for the Financial Year 2022-2023

Third quarter 2023 earnings released: EPS: ₹2.12 (vs ₹2.84 in 3Q 2022)

IIFL Securities Limited to Report Q3, 2023 Results on Jan 23, 2023

5paisa Capital Limited (BSE:540776) agreed to acquire Online Retail Trading Business of IIFL Securities from IIFL Securities Limited (NSEI:IIFLSEC).

Second quarter 2023 earnings released: EPS: ₹1.83 (vs ₹2.34 in 2Q 2022)

IIFL Securities Limited to Report Q2, 2023 Results on Oct 20, 2022

Now 21% undervalued after recent price drop

First quarter 2023 earnings released: EPS: ₹1.44 (vs ₹2.20 in 1Q 2022)

IIFL Securities Limited to Report Q1, 2023 Results on Jul 28, 2022

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Now 22% undervalued after recent price drop

IIFL Securities Limited, Annual General Meeting, Jul 12, 2022

IIFL Securities Limited, Annual General Meeting, Jul 12, 2022

Investor sentiment deteriorated over the past week

High number of new and inexperienced directors

IIFL Securities Limited Appoints Alok Arya as A Chief Marketing Officer

IIFL Securities Limited to Report Q4, 2022 Results on Apr 26, 2022

Investor sentiment improved over the past week

Should You Be Adding IIFL Securities (NSE:IIFLSEC) To Your Watchlist Today?

Upcoming dividend of ₹3.00 per share

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

IIFL Capital Enhancer Fund entered into a share purchase agreement to acquire 21.875 stake in Giskard Datatech Private Limited from IIFL Securities Limited (NSEI:IIFLSEC).

IIFL Securities Limited (NSEI:IIFLSEC) entered into an agreement to acquire Rajen Chandrakant Securities Private Limited.

Gaurav Dubey entered into a Share Purchase Agreement 5% stake in Livlong Protection and Wellness Solutions Ltd from IIFL Securities Limited (NSEI:IIFLSEC) for INR 2.7 million.

Here's Why I Think IIFL Securities (NSE:IIFLSEC) Might Deserve Your Attention Today

Insider recently sold ₹2.7m worth of stock

Insider recently sold ₹2.0m worth of stock

Second quarter 2022 earnings released: EPS ₹2.34 (vs ₹1.59 in 2Q 2021)

Investor sentiment improved over the past week

Does IIFL Securities (NSE:IIFLSEC) Deserve A Spot On Your Watchlist?

Insider recently sold ₹1.1m worth of stock

First quarter 2022 earnings released: EPS ₹2.20 (vs ₹1.30 in 1Q 2021)