Max India Limited

NSEI:MAXIND Stock Report

Market Cap: ₹12.7b

Max India Management

Management criteria checks 3/4

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 tenure3.9yrs
CEO ownershipn/a
Management average tenure3.9yrs
Board average tenure4.5yrs

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

Max India Limited (NSE:MAXIND) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected

Dec 14
Max India Limited (NSE:MAXIND) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected

Is Max India (NSE:MAXIND) In A Good Position To Invest In Growth?

Dec 07
Is Max India (NSE:MAXIND) In A Good Position To Invest In Growth?

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 ($USD333.97K) is above average for companies of similar size in the Indian market ($USD42.39K).

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

CEO

Rajit Mehta (62 yo)

3.9yrs

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...

Leadership Team

NamePositionTenureCompensationOwnership
Analjit Singh
Founder & Chairman4.5yrs₹600.00k2.12%
₹ 269.7m
Rajit Mehta
MD & Director3.9yrs₹28.43mno data
Sandeep Pathak
CFO & Head of Legal5.4yrs₹11.10m0.00023%
₹ 29.3k
Simardeep Kaur
Chief Human Resource Officerno data₹8.55mno data
Dharmender Kumar
Head of Group Corporate Affairs & Directorno data₹12.37mno data
Ajay Agrawal
Head of Investor Relationsno datano data0.13%
₹ 16.8m
Trapti Kushwaha
Company Secretary & Compliance Officerless than a yearno datano data
Arti Malik
Head of Travel & Concierge Services-Office of Founder & Chairmanno datano datano data

3.9yrs

Average Tenure

48yo

Average Age

Experienced Management: MAXIND's management team is considered experienced (3.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Analjit Singh
Founder & Chairman4.5yrs₹600.00k2.12%
₹ 269.7m
Rajit Mehta
MD & Director3.9yrs₹28.43mno data
Niten Malhan
Independent Director3.8yrs₹1.00mno data
Mohit Talwar
Non-Executive Non Independent Director4.5yrs₹600.00k0.29%
₹ 37.2m
Ajit Singh
Independent Director2.6yrs₹600.00kno data
Pradeep Pant
Non Executive Independent Director4.5yrs₹1.10mno data
Rohit Kapoor
Independent Director2.6yrs₹400.00kno data
Tara Vachani
Vice Chairperson4.5yrs₹1.10m0.046%
₹ 5.9m
Sharmila Ali Tagore
Independent Director5.8yrs₹1.00mno data

4.5yrs

Average Tenure

62yo

Average Age

Experienced Board: MAXIND's board of directors are considered experienced (4.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 17:47
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Max India Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution