Shareholders Will Probably Not Have Any Issues With K.M. Sugar Mills Limited's (NSE:KMSUGAR) CEO Compensation

Key Insights

• K.M. Sugar Mills' Annual General Meeting to take place on 29th of September
• CEO Subhash Agarwal's total compensation includes salary of ₹6.09m
• The total compensation is similar to the average for the industry
• K.M. Sugar Mills' total shareholder return over the past three years was 9.7% while its EPS grew by 10% over the past three years

We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free.

Performance at K.M. Sugar Mills Limited (NSE:KMSUGAR) has been reasonably good and CEO Subhash Agarwal has done a decent job of steering the company in the right direction. As shareholders go into the upcoming AGM on 29th of September, CEO compensation will probably not be their focus, but rather the steps management will take to continue the growth momentum. Here is our take on why we think the CEO compensation looks appropriate.

Check out our latest analysis for K.M. Sugar Mills

Comparing K.M. Sugar Mills Limited's CEO Compensation With The Industry

At the time of writing, our data shows that K.M. Sugar Mills Limited has a market capitalization of ₹2.6b, and reported total annual CEO compensation of ₹6.1m for the year to March 2025. That's a notable increase of 13% on last year. It is worth noting that the CEO compensation consists entirely of the salary, worth ₹6.1m.

On comparing similar-sized companies in the Indian Food industry with market capitalizations below ₹18b, we found that the median total CEO compensation was ₹4.7m. This suggests that K.M. Sugar Mills remunerates its CEO largely in line with the industry average.

Component	2025	2024	Proportion (2025)
Salary	₹6.1m	₹5.4m	100%
Other	-	-	-
Total Compensation	₹6.1m	₹5.4m	100%

Talking in terms of the industry, salary represents all of total compensation among the companies we analyzed, while other remuneration is, interestingly, completely ignored. At the company level, K.M. Sugar Mills pays Subhash Agarwal solely through a salary, preferring to go down a conventional route. If salary is the major component in total compensation, it suggests that the CEO receives a higher fixed proportion of the total compensation, regardless of performance.

A Look at K.M. Sugar Mills Limited's Growth Numbers

K.M. Sugar Mills Limited's earnings per share (EPS) grew 10% per year over the last three years. In the last year, its revenue is up 21%.

This demonstrates that the company has been improving recently and is good news for the shareholders. It's a real positive to see this sort of revenue growth in a single year. That suggests a healthy and growing business. Although we don't have analyst forecasts, you might want to assess this data-rich visualization of earnings, revenue and cash flow.

Has K.M. Sugar Mills Limited Been A Good Investment?

K.M. Sugar Mills Limited has not done too badly by shareholders, with a total return of 9.7%, over three years. It would be nice to see that metric improve in the future. Accordingly, a proposal to increase CEO remuneration without seeing an improvement in shareholder returns might not be met favorably by most shareholders.

In Summary...

K.M. Sugar Mills rewards its CEO solely through a salary, ignoring non-salary benefits completely. The company's decent performance might have made most shareholders happy, possibly making CEO remuneration the least of the concerns to be discussed in the upcoming AGM. However, we still think that any proposed increase in CEO compensation will be examined closely to make sure the compensation is appropriate and linked to performance.

We can learn a lot about a company by studying its CEO compensation trends, along with looking at other aspects of the business. We identified 2 warning signs for K.M. Sugar Mills (1 can't be ignored!) that you should be aware of before investing here.

Arguably, business quality is much more important than CEO compensation levels. So check out this free list of interesting companies that have HIGH return on equity and low debt.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.