Lakshmi Finance & Industrial Corporation Limited

NSEI:LFIC Stock Report

Market Cap: ₹689.2m

Lakshmi Finance & Industrial Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Kanuri Prasad

Chief executive officer

₹10.6m

Total compensation

CEO salary percentage78.8%
CEO tenure39.3yrs
CEO ownership3.0%
Management average tenureno data
Board average tenure10.5yrs

Recent management updates

We Think Some Shareholders May Hesitate To Increase Lakshmi Finance & Industrial Corporation Limited's (NSE:LFIC) CEO Compensation

Aug 16
We Think Some Shareholders May Hesitate To Increase Lakshmi Finance & Industrial Corporation Limited's (NSE:LFIC) CEO Compensation

What Can We Learn About Lakshmi Finance & Industrial's (NSE:LFIC) CEO Compensation?

Feb 28
What Can We Learn About Lakshmi Finance & Industrial's (NSE:LFIC) CEO Compensation?

Recent updates

We Think Some Shareholders May Hesitate To Increase Lakshmi Finance & Industrial Corporation Limited's (NSE:LFIC) CEO Compensation

Aug 16
We Think Some Shareholders May Hesitate To Increase Lakshmi Finance & Industrial Corporation Limited's (NSE:LFIC) CEO Compensation

Lakshmi Finance & Industrial's (NSE:LFIC) Dividend Will Be Increased To ₹4.00

Aug 01
Lakshmi Finance & Industrial's (NSE:LFIC) Dividend Will Be Increased To ₹4.00

Should Lakshmi Finance & Industrial Corporation Limited (NSE:LFIC) Be Part Of Your Dividend Portfolio?

May 05
Should Lakshmi Finance & Industrial Corporation Limited (NSE:LFIC) Be Part Of Your Dividend Portfolio?

What Can We Learn About Lakshmi Finance & Industrial's (NSE:LFIC) CEO Compensation?

Feb 28
What Can We Learn About Lakshmi Finance & Industrial's (NSE:LFIC) CEO Compensation?

Should You Buy Lakshmi Finance & Industrial Corporation Limited (NSE:LFIC) For Its 2.7% Dividend?

Jan 21
Should You Buy Lakshmi Finance & Industrial Corporation Limited (NSE:LFIC) For Its 2.7% Dividend?

What Can We Conclude About Lakshmi Finance & Industrial's (NSE:LFIC) CEO Pay?

Nov 30
What Can We Conclude About Lakshmi Finance & Industrial's (NSE:LFIC) CEO Pay?

CEO Compensation Analysis

How has Kanuri Prasad's remuneration changed compared to Lakshmi Finance & Industrial's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

₹125m

Mar 31 2024₹11m₹8m

₹104m

Dec 31 2023n/an/a

₹81m

Sep 30 2023n/an/a

₹54m

Jun 30 2023n/an/a

₹59m

Mar 31 2023₹9m₹7m

₹6m

Dec 31 2022n/an/a

₹2m

Sep 30 2022n/an/a

-₹5m

Jun 30 2022n/an/a

₹85k

Mar 31 2022₹8m₹7m

₹57m

Dec 31 2021n/an/a

₹61m

Sep 30 2021n/an/a

₹108m

Jun 30 2021n/an/a

₹90m

Mar 31 2021₹8m₹6m

₹92m

Dec 31 2020n/an/a

₹37m

Sep 30 2020n/an/a

-₹4m

Jun 30 2020n/an/a

-₹29m

Mar 31 2020₹8m₹7m

-₹66m

Dec 31 2019n/an/a

₹21m

Sep 30 2019n/an/a

₹15m

Jun 30 2019n/an/a

₹16m

Mar 31 2019₹8m₹6m

₹6m

Dec 31 2018n/an/a

₹23m

Sep 30 2018n/an/a

₹32m

Jun 30 2018n/an/a

₹38m

Mar 31 2018₹7m₹5m

₹46m

Compensation vs Market: Kanuri's total compensation ($USD125.92K) is above average for companies of similar size in the Indian market ($USD37.96K).

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


CEO

Kanuri Prasad (72 yo)

39.3yrs

Tenure

₹10,565,633

Compensation

Mr. Kanuri Harishchandra Prasad, MBA, MS, is Independent Non-Executive Director of Suryalata Spinning Mills Limited. Mr. Prasad was Additional Independent Director of Suryalata Spinning Mills Limited from...


Board Members

NamePositionTenureCompensationOwnership
Kanuri Prasad
MD & Executive Non-Independent Director39.3yrs₹10.57m3%
₹ 20.7m
Ramasahayam Reddy
Independent Non-Executive Director55.8yrs₹65.00k0.20%
₹ 1.4m
Kapil Bhatia
Independent Non-Executive Director45.3yrs₹15.00k0.025%
₹ 170.0k
Nalluri Venkat
Independent Non-Executive Director9.3yrs₹80.00kno data
Suryanarayana Simhadri
Independent Directorless than a yearno datano data
Keshav Bhupal
Independent Non-Executive Director10.5yrs₹80.00k0.11%
₹ 758.1k
Kanuri Prasad
Non-Executive Director10.5yrs₹70.00k2.7%
₹ 18.6m

10.5yrs

Average Tenure

70yo

Average Age

Experienced Board: LFIC's board of directors are seasoned and experienced ( 10.5 years average tenure).