Manappuram Finance Management
Management criteria checks 2/4
Manappuram Finance's CEO is Vazhappully Nandakumar, appointed in May 2012, has a tenure of 12.67 years. total yearly compensation is ₹206.87M, comprised of 45.9% salary and 54.1% bonuses, including company stock and options. directly owns 34.72% of the company’s shares, worth ₹52.99B. The average tenure of the management team and the board of directors is 5.2 years and 2.3 years respectively.
Key information
Vazhappully Nandakumar
Chief executive officer
₹206.9m
Total compensation
| CEO salary percentage | 45.9% |
| CEO tenure | 12.7yrs |
| CEO ownership | 34.7% |
| Management average tenure | 5.2yrs |
| Board average tenure | 2.3yrs |
Recent management updates
Recent updates
Here's Why Manappuram Finance (NSE:MANAPPURAM) Has Caught The Eye Of Investors
Dec 05
Investors Don't See Light At End Of Manappuram Finance Limited's (NSE:MANAPPURAM) Tunnel And Push Stock Down 27%
Oct 19Manappuram Finance (NSE:MANAPPURAM) Is Due To Pay A Dividend Of ₹1.00
Aug 16We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Manappuram Finance Limited's (NSE:MANAPPURAM) CEO For Now
Aug 08Should You Be Adding Manappuram Finance (NSE:MANAPPURAM) To Your Watchlist Today?
Jul 23Manappuram Finance Limited's (NSE:MANAPPURAM) Share Price Boosted 26% But Its Business Prospects Need A Lift Too
Jul 02Manappuram Finance (NSE:MANAPPURAM) Will Pay A Larger Dividend Than Last Year At ₹1.00
May 29Why Investors Shouldn't Be Surprised By Manappuram Finance Limited's (NSE:MANAPPURAM) Low P/E
Feb 28Manappuram Finance (NSE:MANAPPURAM) Is Paying Out A Larger Dividend Than Last Year
Nov 22Analysts Just Made A Meaningful Upgrade To Their Manappuram Finance Limited (NSE:MANAPPURAM) Forecasts
Nov 16Industry Analysts Just Made A Meaningful Upgrade To Their Manappuram Finance Limited (NSE:MANAPPURAM) Revenue Forecasts
Aug 15Manappuram Finance's (NSE:MANAPPURAM) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 13Manappuram Finance (NSE:MANAPPURAM) Is Paying Out A Dividend Of ₹0.75
May 16Manappuram Finance (NSE:MANAPPURAM) Will Pay A Dividend Of ₹0.75
Feb 07Manappuram Finance (NSE:MANAPPURAM) Will Pay A Dividend Of ₹0.75
Aug 07CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | ₹23b |
| Jun 30 2024 | n/a | n/a | ₹22b |
| Mar 31 2024 | ₹207m | ₹95m | ₹22b |
| Dec 31 2023 | n/a | n/a | ₹20b |
| Sep 30 2023 | n/a | n/a | ₹19b |
| Jun 30 2023 | n/a | n/a | ₹17b |
| Mar 31 2023 | ₹186m | ₹90m | ₹15b |
| Dec 31 2022 | n/a | n/a | ₹13b |
| Sep 30 2022 | n/a | n/a | ₹12b |
| Jun 30 2022 | n/a | n/a | ₹12b |
| Mar 31 2022 | ₹176m | ₹85m | ₹13b |
| Dec 31 2021 | n/a | n/a | ₹15b |
| Sep 30 2021 | n/a | n/a | ₹18b |
| Jun 30 2021 | n/a | n/a | ₹18b |
| Mar 31 2021 | ₹159m | ₹75m | ₹17b |
| Dec 31 2020 | n/a | n/a | ₹16b |
| Sep 30 2020 | n/a | n/a | ₹15b |
| Jun 30 2020 | n/a | n/a | ₹16b |
| Mar 31 2020 | ₹119m | ₹75m | ₹15b |
| Dec 31 2019 | n/a | n/a | ₹13b |
| Sep 30 2019 | n/a | n/a | ₹12b |
| Jun 30 2019 | n/a | n/a | ₹10b |
| Mar 31 2019 | ₹124m | ₹66m | ₹9b |
| Dec 31 2018 | n/a | n/a | ₹8b |
| Sep 30 2018 | n/a | n/a | ₹8b |
| Jun 30 2018 | n/a | n/a | ₹7b |
| Mar 31 2018 | ₹91m | ₹48m | ₹7b |
Compensation vs Market: Vazhappully's total compensation ($USD2.41M) is above average for companies of similar size in the Indian market ($USD487.76K).
Compensation vs Earnings: Vazhappully's compensation has been consistent with company performance over the past year.
CEO
Vazhappully Nandakumar (70 yo)
12.7yrs
Tenure
₹206,870,000
Compensation
Mr. Vazhappully Padmanabhan Nandakumar, M.Sc, CAIIB (Part I), has been the Managing Director and Chief Executive Officer of Manappuram Finance Limited since May 19, 2012. Mr. Nandakumar serves as the Chief...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Non-Independent Executive Director | 12.7yrs | ₹206.87m | 34.72% ₹ 53.0b | |
| CFO & President | 6yrs | ₹16.84m | 0.010% ₹ 15.3m | |
| Executive Vice President of Analytics & Business Review | no data | ₹13.18m | no data | |
| Whole-Time Director | 2yrs | ₹15.46m | no data | |
| Senior VP & HOD of Vehicle and Equipment Finance | 5.2yrs | ₹8.26m | no data | |
| VP & Chief Economist | no data | ₹4.42m | no data | |
| Company Secretary | 6yrs | ₹5.02m | 0% ₹ 0 | |
| Chief Technology Officer | no data | no data | no data | |
| Head of Investor Relations & Treasury | no data | no data | no data | |
| Senior General Manager of Legal | no data | no data | no data | |
| Chief Compliance Officer | 1.6yrs | no data | no data | |
| Chief Human Resource Officer | less than a year | no data | no data |
5.2yrs
Average Tenure
50yo
Average Age
Experienced Management: MANAPPURAM's management team is seasoned and experienced (5.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Non-Independent Executive Director | 32.5yrs | ₹206.87m | 34.72% ₹ 53.0b | |
| Whole-Time Director | 2yrs | ₹15.46m | no data | |
| Independent & Non-Executive Chairperson | 4.9yrs | ₹12.60m | 0.059% ₹ 90.1m | |
| Independent & Non-Executive Director | 5.4yrs | ₹6.33m | no data | |
| Independent & Non-Executive Director | 2.3yrs | ₹4.17m | no data | |
| Independent & Non-Executive Director | 21.4yrs | ₹4.23m | 0.12% ₹ 178.6m | |
| Non-Executive Independent Director | 1.2yrs | ₹1.41m | no data | |
| Independent & Non-Executive Director | 5yrs | ₹4.92m | no data | |
| Independent & Non-Executive Director | 2.1yrs | ₹3.84m | no data | |
| Additional Independent Non-Executive Director | less than a year | ₹860.00k | no data | |
| Non-Executive Independent Director | less than a year | ₹300.00k | no data |
2.3yrs
Average Tenure
73yo
Average Age
Experienced Board: MANAPPURAM's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 00:39 |
| End of Day Share Price | 2025/01/10 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Manappuram Finance Limited is covered by 36 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Pankaj Agarwal | Ambit Capital |
| null null | Asian Markets Securities Private Limited |
| Ganeshram Jayaraman | Avendus Spark |