Power Finance Management
Management criteria checks 3/4
Power Finance's CEO is Parminder Chopra, appointed in Jun 2023, has a tenure of less than a year. total yearly compensation is ₹8.60M, comprised of 50.8% salary and 49.2% bonuses, including company stock and options. directly owns 0% of the company’s shares, worth ₹1.27M. The average tenure of the management team and the board of directors is 2.6 years and 2.4 years respectively.
Key information
Parminder Chopra
Chief executive officer
₹8.6m
Total compensation
| CEO salary percentage | 50.8% |
| CEO tenure | less than a year |
| CEO ownership | 0.00008% |
| Management average tenure | 2.6yrs |
| Board average tenure | 2.4yrs |
Recent management updates
Recent updates
With EPS Growth And More, Power Finance (NSE:PFC) Makes An Interesting Case
May 03
There's No Escaping Power Finance Corporation Limited's (NSE:PFC) Muted Earnings
Apr 07With EPS Growth And More, Power Finance (NSE:PFC) Makes An Interesting Case
Jan 14Power Finance Corporation Limited's (NSE:PFC) Share Price Boosted 30% But Its Business Prospects Need A Lift Too
Dec 18Power Finance's (NSE:PFC) Upcoming Dividend Will Be Larger Than Last Year's
Nov 11Here's Why We Think Power Finance (NSE:PFC) Might Deserve Your Attention Today
Sep 29Power Finance (NSE:PFC) Will Pay A Larger Dividend Than Last Year At ₹4.50
Aug 25Is Now The Time To Put Power Finance (NSE:PFC) On Your Watchlist?
Jun 27Here's Why We Think Power Finance (NSE:PFC) Is Well Worth Watching
Mar 10Here's Why We Think Power Finance (NSE:PFC) Is Well Worth Watching
Dec 09Power Finance (NSE:PFC) Has Announced A Dividend Of ₹2.25
Aug 26Does Power Finance (NSE:PFC) Deserve A Spot On Your Watchlist?
Aug 10Here's Why We Think Power Finance (NSE:PFC) Is Well Worth Watching
May 04With EPS Growth And More, Power Finance (NSE:PFC) Is Interesting
Jan 31Should You Be Adding Power Finance (NSE:PFC) To Your Watchlist Today?
Oct 17With EPS Growth And More, Power Finance (NSE:PFC) Is Interesting
Jul 11CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | ₹188b |
| Sep 30 2023 | n/a | n/a | ₹179b |
| Jun 30 2023 | n/a | n/a | ₹170b |
| Mar 31 2023 | ₹9m | ₹4m | ₹159b |
| Dec 31 2022 | n/a | n/a | ₹144b |
| Sep 30 2022 | n/a | n/a | ₹141b |
| Jun 30 2022 | n/a | n/a | ₹140b |
| Mar 31 2022 | ₹7m | ₹4m | ₹140b |
| Dec 31 2021 | n/a | n/a | ₹137b |
| Sep 30 2021 | n/a | n/a | ₹130b |
| Jun 30 2021 | n/a | n/a | ₹125b |
| Mar 31 2021 | ₹4m | ₹3m | ₹117b |
Compensation vs Market: Parminder's total compensation ($USD103.08K) is below average for companies of similar size in the Indian market ($USD937.36K).
Compensation vs Earnings: Parminder's compensation has been consistent with company performance over the past year.
CEO
Parminder Chopra (56 yo)
less than a year
Tenure
₹8,599,139
Compensation
Smt. Parminder Chopra served as Nominee Director of REC Limited from February 04, 2022 to July 11, 2023. She has been a Director of Power Finance Corporation Ltd. since July 01, 2020 and also serves as its...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CFO & Chairman | less than a year | ₹8.60m | 0.000080% ₹ 1.3m | |
| Director of Projects & Executive Director | 2.6yrs | ₹9.05m | 0.00061% ₹ 9.7m | |
| Director of Commercial & Director | no data | ₹5.97m | no data | |
| Head of The Public Relations Department | 8.4yrs | no data | no data | |
| Chief Vigilance Officer | no data | no data | no data | |
| GM & Chief Risk Officer | 2.7yrs | no data | no data | |
| GM & Company Secretary | no data | no data | 0.000070% ₹ 1.1m |
2.6yrs
Average Tenure
57yo
Average Age
Experienced Management: PFC's management team is considered experienced (2.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CFO & Chairman | 3.8yrs | ₹8.60m | 0.000080% ₹ 1.3m | |
| Director of Projects & Executive Director | 2.6yrs | ₹9.05m | 0.00061% ₹ 9.7m | |
| Director of Commercial & Director | no data | ₹5.97m | no data | |
| Part-Time Non-Official Independent Director | 2.4yrs | no data | no data | |
| Part-Time Non-Official Independent Director | 2.4yrs | no data | no data | |
| Part-Time Non-Official Independent Director | 2.4yrs | no data | no data | |
| Government Nominee Director | 1.9yrs | no data | no data |
2.4yrs
Average Tenure
56yo
Average Age
Experienced Board: PFC's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.