TCI Finance Management
Management criteria checks 3/4
TCI Finance's CEO is Amit Ray, appointed in Apr 2021, has a tenure of 3.58 years. total yearly compensation is ₹1.03M, comprised of 85.1% salary and 14.9% bonuses, including company stock and options. directly owns 0.014% of the company’s shares, worth ₹24.47K. The average tenure of the management team and the board of directors is 3.6 years and 3.1 years respectively.
Key information
Amit Ray
Chief executive officer
₹1.0m
Total compensation
| CEO salary percentage | 85.1% |
| CEO tenure | 3.6yrs |
| CEO ownership | 0.01% |
| Management average tenure | 3.6yrs |
| Board average tenure | 3.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -₹9m |
| Jun 30 2024 | n/a | n/a | -₹7m |
| Mar 31 2024 | ₹1m | ₹872k | -₹5m |
| Dec 31 2023 | n/a | n/a | -₹4m |
| Sep 30 2023 | n/a | n/a | -₹15m |
| Jun 30 2023 | n/a | n/a | -₹22m |
| Mar 31 2023 | ₹982k | ₹829k | -₹25m |
| Dec 31 2022 | n/a | n/a | -₹343m |
| Sep 30 2022 | n/a | n/a | -₹339m |
| Jun 30 2022 | n/a | n/a | -₹336m |
| Mar 31 2022 | ₹2m | ₹815k | -₹330m |
| Dec 31 2021 | n/a | n/a | -₹105m |
| Sep 30 2021 | n/a | n/a | -₹96m |
| Jun 30 2021 | n/a | n/a | -₹85m |
| Mar 31 2021 | ₹959k | n/a | -₹78m |
Compensation vs Market: Amit's total compensation ($USD12.14K) is below average for companies of similar size in the Indian market ($USD42.70K).
Compensation vs Earnings: Amit's compensation has increased whilst the company is unprofitable.
CEO
Amit Ray (45 yo)
3.6yrs
Tenure
₹1,025,000
Compensation
Mr. Amit Kumar Ray serves as Manager at TCI Finance Limited since April 23, 2021. Mr. Ray served as Chief Financial Officer at TCI Finance Limited since July 31, 2020 until April 23, 2021. Mr. Ray was Assi...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Manager | 3.6yrs | ₹1.03m | 0.014% ₹ 24.5k | |
| Chief Financial Officer | 3.6yrs | ₹729.79k | no data | |
| Company Secretary & Compliance Officer | less than a year | ₹666.67k | no data |
3.6yrs
Average Tenure
Experienced Management: TCIFINANCE's management team is considered experienced (3.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Non-Executive Chairman | 32.7yrs | ₹204.00k | no data | |
| Non-Executive Non-Independent Director | 9.7yrs | ₹197.00k | no data | |
| Non-Executive Non-Independent Director | 4yrs | ₹70.00k | no data | |
| Non-Executive Non-Independent Director | 2.2yrs | ₹35.00k | no data | |
| Non-Executive Non-Independent Director | less than a year | no data | 0.081% ₹ 138.5k | |
| Non-Executive Non-Independent Director | less than a year | no data | 0.012% ₹ 21.3k |
3.1yrs
Average Tenure
61.5yo
Average Age
Experienced Board: TCIFINANCE's board of directors are considered experienced (3.1 years average tenure).