Indbank Merchant Banking Services Limited

NSEI:INDBANK Stock Report

Market Cap: ₹1.9b

Indbank Merchant Banking Services Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

V. Haribabu

Chief executive officer

₹2.6m

Total compensation

CEO salary percentage94.7%
CEO tenure2.9yrs
CEO ownershipn/a
Management average tenure2.9yrs
Board average tenureless than a year

Recent management updates

Recent updates

Here's Why Indbank Merchant Banking Services (NSE:INDBANK) Has Caught The Eye Of Investors

Jan 11
Here's Why Indbank Merchant Banking Services (NSE:INDBANK) Has Caught The Eye Of Investors

Indbank Merchant Banking Services Limited (NSE:INDBANK) Looks Just Right With A 27% Price Jump

Apr 13
Indbank Merchant Banking Services Limited (NSE:INDBANK) Looks Just Right With A 27% Price Jump

Here's Why We Think Indbank Merchant Banking Services (NSE:INDBANK) Might Deserve Your Attention Today

Apr 04
Here's Why We Think Indbank Merchant Banking Services (NSE:INDBANK) Might Deserve Your Attention Today

Indbank Merchant Banking Services Limited (NSE:INDBANK) Soars 28% But It's A Story Of Risk Vs Reward

Jan 10
Indbank Merchant Banking Services Limited (NSE:INDBANK) Soars 28% But It's A Story Of Risk Vs Reward

If EPS Growth Is Important To You, Indbank Merchant Banking Services (NSE:INDBANK) Presents An Opportunity

Dec 23
If EPS Growth Is Important To You, Indbank Merchant Banking Services (NSE:INDBANK) Presents An Opportunity

Is Now The Time To Put Indbank Merchant Banking Services (NSE:INDBANK) On Your Watchlist?

Aug 12
Is Now The Time To Put Indbank Merchant Banking Services (NSE:INDBANK) On Your Watchlist?

Should You Be Adding Indbank Merchant Banking Services (NSE:INDBANK) To Your Watchlist Today?

Dec 14
Should You Be Adding Indbank Merchant Banking Services (NSE:INDBANK) To Your Watchlist Today?

If You Like EPS Growth Then Check Out Indbank Merchant Banking Services (NSE:INDBANK) Before It's Too Late

Oct 11
If You Like EPS Growth Then Check Out Indbank Merchant Banking Services (NSE:INDBANK) Before It's Too Late

Risks Still Elevated At These Prices As Indbank Merchant Banking Services Limited (NSE:INDBANK) Shares Dive 26%

Sep 20
Risks Still Elevated At These Prices As Indbank Merchant Banking Services Limited (NSE:INDBANK) Shares Dive 26%

There's Reason For Concern Over Indbank Merchant Banking Services Limited's (NSE:INDBANK) Price

Aug 17
There's Reason For Concern Over Indbank Merchant Banking Services Limited's (NSE:INDBANK) Price

Indbank Merchant Banking Services Limited's (NSE:INDBANK) Share Price Could Signal Some Risk

Jun 25
Indbank Merchant Banking Services Limited's (NSE:INDBANK) Share Price Could Signal Some Risk

CEO Compensation Analysis

How has V. Haribabu's remuneration changed compared to Indbank Merchant Banking Services's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹103m

Jun 30 2024n/an/a

₹94m

Mar 31 2024₹3m₹2m

₹80m

Dec 31 2023n/an/a

₹70m

Sep 30 2023n/an/a

₹62m

Jun 30 2023n/an/a

₹57m

Mar 31 2023₹2m₹2m

₹27m

Dec 31 2022n/an/a

₹41m

Sep 30 2022n/an/a

₹54m

Jun 30 2022n/an/a

₹49m

Mar 31 2022₹2m₹1m

₹70m

Compensation vs Market: V.'s total compensation ($USD30.18K) is about average for companies of similar size in the Indian market ($USD41.93K).

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


CEO

V. Haribabu (57 yo)

2.9yrs

Tenure

₹2,596,000

Compensation

Mr. V. Haribabu has served as MD & Executive Nominee Director of Ind Bank Housing Limited from August 29, 2022 and served as its Executive Director. He served as an Additional Director of Ind Bank Housing...


Leadership Team

NamePositionTenureCompensationOwnership
V. Haribabu
President & Whole Time Director2.9yrs₹2.60mno data
Tausif Inamdar
VP & CFO2.5yrs₹1.86mno data
Chitra Mangalam Iyer
Company Secretary & Compliance Officer3yrs₹1.35mno data
G. Ramnath
Head of Accountsno datano datano data
Archana Ravindran
Head of Administrationno datano datano data
R. Venugopal
Head of Dept. of Account Openingno datano datano data
S. Ramarao
AVP & Head of Surveillanceno datano datano data
G. Venkatesan
Head of ITno datano datano data
Sivasankari E.
Head of DP Operationsno datano datano data

2.9yrs

Average Tenure

44yo

Average Age

Experienced Management: INDBANK's management team is considered experienced (2.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
V. Haribabu
President & Whole Time Director2.9yrs₹2.60mno data
Vadakke Prasanth
Non-Executive Independent Directorless than a yearno datano data
Vaijinath Gavarshetty
Independent Non-Executive Director5.5yrs₹165.00kno data
Ashutosh Choudhury
Non-Executive Nominee Directorless than a yearno datano data
Sunil Jain
Additional Nominee Director2.5yrsno datano data
Devinder Singla
Independent Additional Directorless than a year₹9.00k0.00023%
₹ 4.3k
R. Padma
Non-Executive Independent Directorless than a yearno datano data

0.8yrs

Average Tenure

59yo

Average Age

Experienced Board: INDBANK's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/10 11:39
End of Day Share Price 2025/01/10 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

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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

Indbank Merchant Banking Services 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.

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