Max India Limited

NSEI:MAXIND Stock Report

Market Cap: ₹10.6b

Max India Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Rajit Mehta

Chief executive officer

₹28.4m

Total compensation

CEO salary percentage74.3%
CEO tenure3.8yrs
CEO ownershipn/a
Management average tenureno data
Board average tenure4.4yrs

Recent management updates

Shareholders May Not Be So Generous With Max India Limited's (NSE:MAXIND) CEO Compensation And Here's Why

Sep 17
Shareholders May Not Be So Generous With Max India Limited's (NSE:MAXIND) CEO Compensation And Here's Why

Recent updates

Shareholders May Not Be So Generous With Max India Limited's (NSE:MAXIND) CEO Compensation And Here's Why

Sep 17
Shareholders May Not Be So Generous With Max India Limited's (NSE:MAXIND) CEO Compensation And Here's Why

There's Reason For Concern Over Max India Limited's (NSE:MAXIND) Price

Apr 27
There's Reason For Concern Over Max India Limited's (NSE:MAXIND) Price

Max India Limited's (NSE:MAXINDIA) Business Is Yet to Catch Up With Its Share Price

Dec 27
Max India Limited's (NSE:MAXINDIA) Business Is Yet to Catch Up With Its Share Price

Returns At Max India (NSE:MAXIND) Are On The Way Up

Aug 02
Returns At Max India (NSE:MAXIND) Are On The Way Up

Pinning Down Max India Limited's (NSE:MAXIND) P/S Is Difficult Right Now

Jun 01
Pinning Down Max India Limited's (NSE:MAXIND) P/S Is Difficult Right Now

A Look At The Fair Value Of Max India Limited (NSE:MAXIND)

Apr 25
A Look At The Fair Value Of Max India Limited (NSE:MAXIND)

CEO Compensation Analysis

How has Rajit Mehta's remuneration changed compared to Max India's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-₹892m

Jun 30 2024n/an/a

-₹711m

Mar 31 2024₹28m₹21m

-₹564m

Dec 31 2023n/an/a

-₹390m

Sep 30 2023n/an/a

-₹214m

Jun 30 2023n/an/a

-₹184m

Mar 31 2023₹31m₹19m

-₹104m

Dec 31 2022n/an/a

-₹92m

Sep 30 2022n/an/a

-₹142m

Jun 30 2022n/an/a

-₹125m

Mar 31 2022₹20mn/a

-₹161m

Dec 31 2021n/an/a

-₹260m

Sep 30 2021n/an/a

-₹332m

Jun 30 2021n/an/a

-₹500m

Mar 31 2021₹4m₹4m

-₹531m

Compensation vs Market: Rajit's total compensation ($USD336.78K) is above average for companies of similar size in the Indian market ($USD42.64K).

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

CEO

Rajit Mehta (62 yo)

3.8yrs

Tenure

₹28,425,097

Compensation

Mr. Rajit Mehta serves as Independent Director at Dr. Lal PathLabs Limited since July 27, 2023. He serves as Managing Director and Director at Max India Limited since January 15, 2021. He serves as a Non-E...

Board Members

NamePositionTenureCompensationOwnership
Analjit Singh
Founder & Chairman4.4yrs₹600.00k2.12%
₹ 225.1m
Rajit Mehta
MD & Director3.8yrs₹28.43mno data
Niten Malhan
Independent Director3.8yrs₹1.00mno data
Mohit Talwar
Non-Executive Non Independent Director4.4yrs₹600.00k0.29%
₹ 31.1m
Ajit Singh
Independent Director2.5yrs₹600.00kno data
Pradeep Pant
Non Executive Independent Director4.4yrs₹1.10mno data
Rohit Kapoor
Independent Director2.5yrs₹400.00kno data
Tara Vachani
Vice Chairperson4.4yrs₹1.10m0.046%
₹ 4.9m
Sharmila Ali Tagore
Independent Director5.8yrs₹1.00mno data

4.4yrs

Average Tenure

62yo

Average Age

Experienced Board: MAXIND's board of directors are considered experienced (4.4 years average tenure).