Life Insurance Corporation of India

NSEI:LICI Stock Report

Market Cap: ₹5.7t

Life Insurance Corporation of India Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Siddhartha Mohanty

Chief executive officer

₹9.2m

Total compensation

CEO salary percentage42.9%
CEO tenure1.7yrs
CEO ownershipn/a
Management average tenure1.7yrs
Board average tenure2.9yrs

Recent management updates

Recent updates

If EPS Growth Is Important To You, Life Insurance Corporation of India (NSE:LICI) Presents An Opportunity

Dec 20
If EPS Growth Is Important To You, Life Insurance Corporation of India (NSE:LICI) Presents An Opportunity

Life Insurance Corporation of India Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Jun 01
Life Insurance Corporation of India Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Further Upside For Life Insurance Corporation of India (NSE:LICI) Shares Could Introduce Price Risks After 30% Bounce

Feb 12
Further Upside For Life Insurance Corporation of India (NSE:LICI) Shares Could Introduce Price Risks After 30% Bounce

Does Life Insurance Corporation of India (NSE:LICI) Deserve A Spot On Your Watchlist?

Jan 25
Does Life Insurance Corporation of India (NSE:LICI) Deserve A Spot On Your Watchlist?

CEO Compensation Analysis

How has Siddhartha Mohanty's remuneration changed compared to Life Insurance Corporation of India's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹481b

Jun 30 2024n/an/a

₹471b

Mar 31 2024₹9m₹4m

₹424b

Dec 31 2023n/an/a

₹360b

Sep 30 2023n/an/a

₹393b

Jun 30 2023n/an/a

₹469b

Mar 31 2023₹8m₹4m

₹427b

Dec 31 2022n/an/a

₹412b

Sep 30 2022n/an/a

₹225b

Jun 30 2022n/an/a

₹134b

Mar 31 2022₹8m₹6m

₹102b

Compensation vs Market: Siddhartha's total compensation ($USD108.67K) is below average for companies of similar size in the Indian market ($USD1.05M).

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


CEO

Siddhartha Mohanty (61 yo)

1.7yrs

Tenure

₹9,239,000

Compensation

Mr. Siddhartha Mohanty is MD of Life Insurance Corporation of India from June 30, 2024 and is its Chairman and CEO since June 2024. Mr. Siddhartha Mohanty is Nominee Director of Larsen & Toubro Limited fro...


Leadership Team

NamePositionTenureCompensationOwnership
Siddhartha Mohanty
CEO, Chairman & MD1.7yrs₹9.24mno data
Tablesh Pandey
MD & Executive Directorno data₹5.00mno data
M Jagannath
MD & Director1.8yrs₹4.80m0%
₹ 0
Sat Bhanoo
MD & Director1.4yrs₹3.67m0%
₹ 0
Doraiswamy Ramchandran
MD & Director1.3yrs₹3.16m0%
₹ 0
Sunil Agrawal
Chief Financial Officer2.7yrs₹7.05mno data
Ratnakar Patnaik
Executive Director of Investment Front Office & Chief Investment Officer1.7yrsno datano data
Anshul Singh
Company Secretary & Compliance Officerless than a yearno datano data
Sudhakar Ravindranath
Executive Director of Marketing & Product Development and Chief Marketing Officer2.3yrs₹3.74mno data
Pandiyan Kumaresan
Executive Director of Audit & Chief Internal Auditor2.4yrs₹6.00mno data
Pradeep Pandey
Chief Digital Officer1.3yrsno datano data
Bella Paul
Chief-In-charge (Board & Secretarial)less than a yearno datano data

1.7yrs

Average Tenure

59yo

Average Age

Experienced Management: LICI's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Siddhartha Mohanty
CEO, Chairman & MD3.8yrs₹9.24mno data
Tablesh Pandey
MD & Executive Director1.7yrs₹5.00mno data
M Jagannath
MD & Director1.8yrs₹4.80m0%
₹ 0
Sat Bhanoo
MD & Director1.4yrs₹3.67m0%
₹ 0
Doraiswamy Ramchandran
MD & Director1.3yrs₹3.16m0%
₹ 0
Gurumoorthy Mahalingam
Independent Director2.9yrs₹3.00mno data
Anil Kumar
Independent Director2.9yrs₹2.06mno data
Ranjan Sharma
Independent Director3.2yrs₹2.60mno data
Vinod Verma
Independent Director3.2yrs₹1.58mno data
Anjuly Duggal
Independent Director2.9yrs₹1.86mno data
Raj Kamal
Independent Director2.9yrs₹2.36mno data
Muthu Raju Raju Vijay Kumar
Independent Director2.9yrs₹3.08mno data

2.9yrs

Average Tenure

59yo

Average Age

Experienced Board: LICI's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 23:42
End of Day Share Price 2024/12/20 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

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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

Life Insurance Corporation of India is covered by 27 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Supratim DattaAmbit Capital
null nullAntique Stockbroking Ltd.
Vijayaraghavan SwaminathanAvendus Spark