Hindalco Industries Management

Management criteria checks 3/4

Hindalco Industries' CEO is Satish Pai, appointed in Aug 2016, has a tenure of 7.75 years. total yearly compensation is ₹371.30M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 0.047% of the company’s shares, worth ₹665.65M. The average tenure of the management team and the board of directors is 4.5 years and 8.8 years respectively.

Key information

Satish Pai

Chief executive officer

₹371.3m

Total compensation

CEO salary percentage	100.0%
CEO tenure	7.8yrs
CEO ownership	0.05%
Management average tenure	4.5yrs
Board average tenure	8.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Satish Pai's remuneration changed compared to Hindalco Industries's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	₹94b
Sep 30 2023	n/a	n/a	₹84b
Jun 30 2023	n/a	n/a	₹84b
Mar 31 2023	₹371m	₹371m	₹101b
Dec 31 2022	n/a	n/a	₹115b
Sep 30 2022	n/a	n/a	₹138b
Jun 30 2022	n/a	n/a	₹151b
Mar 31 2022	₹465m	₹356m	₹142b
Dec 31 2021	n/a	n/a	₹123b
Sep 30 2021	n/a	n/a	₹106b
Jun 30 2021	n/a	n/a	₹90b
Mar 31 2021	₹246m	₹171m	₹52b
Dec 31 2020	n/a	n/a	₹39b
Sep 30 2020	n/a	n/a	₹29b
Jun 30 2020	n/a	n/a	₹21b
Mar 31 2020	₹319m	₹227m	₹38b
Dec 31 2019	n/a	n/a	₹43b
Sep 30 2019	n/a	n/a	₹46b
Jun 30 2019	n/a	n/a	₹51b
Mar 31 2019	₹287m	₹205m	₹55b
Mar 31 2018	₹210m	₹137m	₹61b

Compensation vs Market: Satish's total compensation ($USD4.45M) is above average for companies of similar size in the Indian market ($USD941.33K).

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

CEO

Satish Pai (62 yo)

7.8yrs

Tenure

₹371,303,000

Compensation

Mr. Satish Pai serves as a Director of Aditya Birla Management Corporation Private Limited. He has been the Managing Director of Hindalco Industries Ltd. since August 1, 2016.Mr. Pai has been an Executive...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Satish Pai	MD & Executive Director	7.8yrs	₹371.30m	0.047% ₹ 665.7m
Praveen Maheshwari	CFO & Whole Time Director	12.4yrs	₹77.55m	no data
Anil Malik	President	no data	₹16.40m	no data
Vilas Tathavadkar	Chief Technology Officer	2.3yrs	no data	no data
Poorav Sheth	Chief Digital & Information Officer	less than a year	no data	no data
Subir Sen	Deputy GM & Head of Investor Relations	no data	no data	no data
V. Shankar	Head of Legal	6.8yrs	no data	no data
Geetika Anand	Company Secretary & Compliance Officer	1.4yrs	no data	no data
Pragnya Ram	Group Executive President of Corporate Communications & CSR	no data	no data	no data
Anil Gupta	Joint President of Sales & Market	no data	no data	no data
Samik Basu	Chief Human Resource Officer	8.3yrs	no data	no data
Arun Kumar Nair	Head of Aluminium Downstream Strategic Projects	2.3yrs	no data	no data

4.5yrs

Average Tenure

62yo

Average Age

Experienced Management: 500440's management team is considered experienced (4.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Satish Pai	MD & Executive Director	10.8yrs	₹371.30m	0.047% ₹ 665.7m
Praveen Maheshwari	CFO & Whole Time Director	8yrs	₹77.55m	no data
Kumar Birla	Non-Independent Non-Executive Chairman of the Board	31.5yrs	₹210.00k	0.075% ₹ 1.1b
Rajashree Birla	Non-Executive Director	28.2yrs	₹29.08m	0.033% ₹ 472.5m
Askaran Agarwala	Non-Executive Director	25.7yrs	₹4.24m	0.0044% ₹ 62.8m
Arun Adhikari	Independent Director	less than a year	no data	no data
Kailash Bhandari	Non-Executive Independent Director	18.3yrs	₹7.90m	0.00023% ₹ 3.3m
Alka Bharucha	Independent Non-Executive Director	5.8yrs	₹3.93m	no data
Vikas Balia	Independent Non-Executive Director	4.8yrs	₹5.22m	0.000010% ₹ 143.1k
Yazdi Dandiwala	Non-Executive Independent Director	8.8yrs	₹6.59m	0.000010% ₹ 143.1k
Sudhir Mital	Independent Non-Executive Director	4.5yrs	₹3.09m	no data

8.8yrs

Average Tenure

69yo

Average Age

Experienced Board: 500440's board of directors are considered experienced (8.8 years average tenure).

Hindalco Industries Management

Management criteria checks 3/4

Key information

Recent management updates

Hindalco Industries Limited Approves Appointment of Arun Adhikari as an Independent Director

Hindalco Industries Limited Announces Resignation of Mr. Anant Maheshwari as Director

Hindalco Industries Limited, Annual General Meeting, Aug 22, 2023

Insufficient new directors

Hindalco Industries Announces Appointment of Geetika Anand as Company Secretary and Compliance Officer, Effective December 01, 2022

Hindalco Industries Limited, Annual General Meeting, Aug 23, 2022

Recent updates

Hindalco Industries Limited Approves Appointment of Arun Adhikari as an Independent Director

Third quarter 2024 earnings released: EPS: ₹10.50 (vs ₹6.13 in 3Q 2023)

Second quarter 2024 earnings released: EPS: ₹9.88 (vs ₹9.92 in 2Q 2023)

Hindalco Industries Limited Announces Resignation of Mr. Anant Maheshwari as Director

Consensus EPS estimates fall by 13%

Upcoming dividend of ₹3.00 per share at 0.6% yield

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Hindalco Industries Limited, Annual General Meeting, Aug 22, 2023

Hindalco Industries Limited to Report Q1, 2024 Results on Aug 08, 2023

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Hindalco Industries Limited Recommends Dividend for the Year Ended March 31, 2023

Hindalco Industries Limited to Report Q4, 2023 Results on May 24, 2023

Third quarter 2023 earnings released: EPS: ₹6.13 (vs ₹16.46 in 3Q 2022)

Hindalco Industries Limited to Report Q3, 2023 Results on Feb 09, 2023

Insufficient new directors

Second quarter 2023 earnings released: EPS: ₹9.92 (vs ₹15.41 in 2Q 2022)

Hindalco Industries Limited to Report Q2, 2023 Results on Nov 11, 2022

Hindalco Industries Announces Appointment of Geetika Anand as Company Secretary and Compliance Officer, Effective December 01, 2022

Upcoming dividend of ₹4.00 per share

Hindalco Industries Limited to Report Q1, 2023 Results on Aug 10, 2022

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Hindalco Industries Limited, Annual General Meeting, Aug 23, 2022

Hindalco Industries Limited, Annual General Meeting, Aug 23, 2022

Investor sentiment deteriorated over the past week

Terrabel Empreedimentos Ltda completed the acquisition of Hindalco Do Brasil Industria E Comercio De Alumina Ltda. from Hindalco Industries Limited (BSE:500440).

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Price target decreased to ₹597

Hindalco Industries Limited Recommends Dividend for the Year Ended March 31, 2022

Consensus forecasts updated

Hindalco Industries Limited Announces Resignation of Debnarayan Bhattacharya as Non - Executive Director

Hindalco Industries Limited Announces Resignation of Debnarayan Bhattacharya as Non - Executive Director

Investor sentiment improved over the past week

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target increased to ₹633

Hindalco Industries Limited (BSE:500440) signed a definitive agreement to acquire Hydro’s Aluminium Extrusions Business in India for an enterprise value of INR 2.47 billion.

Second quarter 2022 earnings released: EPS ₹15.41 (vs ₹8.03 in 2Q 2021)

Insider recently sold ₹1.4m worth of stock

Insider recently sold ₹1.9m worth of stock

President recently sold ₹2.3m worth of stock

MD & Executive Director recently sold ₹42m worth of stock

Consensus EPS estimates increase to ₹46.12

Price target increased to ₹499

Upcoming dividend of ₹3.00 per share

Full year 2021 earnings released: EPS ₹23.30 (vs ₹16.94 in FY 2020)

Investor sentiment improved over the past week

Insider recently sold ₹2.0m worth of stock

CFO & Whole Time Director recently sold ₹14m worth of stock

Price target increased to ₹458

Full year 2021 earnings released: EPS ₹23.30 (vs ₹16.94 in FY 2020)

Hindalco Industries Limited Recommends Dividend

Price target increased to ₹429

Investor sentiment improved over the past week

Insider recently sold ₹2.5m worth of stock

CEO of Copper Business recently sold ₹25m worth of stock

Insider recently sold ₹1.7m worth of stock

New 90-day high: ₹351

Price target raised to ₹351

Insider recently sold ₹2.9m worth of stock

Third quarter 2021 earnings released: EPS ₹9.09 (vs ₹4.77 in 3Q 2020)

Revenue beats expectations, earnings disappoint

New 90-day high: ₹279

Investor sentiment improved over the past week

Hindalco Industries Limited to Report Q3, 2021 Results on Feb 10, 2021

Price target raised to ₹303

New 90-day high: ₹254

Insider recently sold ₹1.2m worth of stock

Insider recently sold ₹4.7m worth of stock

Analysts increase EPS estimates to ₹15.70

Price target raised to ₹250