Tata Steel Management

Management criteria checks 3/4

Tata Steel's CEO is Thachat Narendran, appointed in Sep 2013, has a tenure of 11.25 years. total yearly compensation is ₹174.51M, comprised of 11.8% salary and 88.2% bonuses, including company stock and options. directly owns 0% of the company’s shares, worth ₹2.99M. The average tenure of the management team and the board of directors is 7.6 years and 6.8 years respectively.

Key information

Thachat Narendran

Chief executive officer

₹174.5m

Total compensation

CEO salary percentage11.8%
CEO tenure11.3yrs
CEO ownership0.0002%
Management average tenure7.6yrs
Board average tenure6.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Thachat Narendran's remuneration changed compared to Tata Steel's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹29b

Jun 30 2024n/an/a

-₹41b

Mar 31 2024₹175m₹21m

-₹44b

Dec 31 2023n/an/a

-₹33b

Sep 30 2023n/an/a

-₹61b

Jun 30 2023n/an/a

₹16b

Mar 31 2023₹187m₹18m

₹88b

Dec 31 2022n/an/a

₹168b

Sep 30 2022n/an/a

₹286b

Jun 30 2022n/an/a

₹390b

Mar 31 2022₹195m₹17m

₹402b

Dec 31 2021n/an/a

₹369b

Sep 30 2021n/an/a

₹310b

Jun 30 2021n/an/a

₹206b

Mar 31 2021₹156m₹15m

₹73b

Dec 31 2020n/an/a

-₹4b

Sep 30 2020n/an/a

-₹52b

Jun 30 2020n/an/a

-₹26b

Mar 31 2020₹112m₹15m

₹14b

Dec 31 2019n/an/a

₹61b

Sep 30 2019n/an/a

₹94b

Jun 30 2019n/an/a

₹89b

Mar 31 2019₹112m₹13m

₹101b

Dec 31 2018n/an/a

₹179b

Sep 30 2018n/an/a

₹169b

Jun 30 2018n/an/a

₹142b

Mar 31 2018₹94m₹12m

₹131b

Compensation vs Market: Thachat's total compensation ($USD2.05M) is above average for companies of similar size in the Indian market ($USD1.05M).

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


CEO

Thachat Narendran (59 yo)

11.3yrs

Tenure

₹174,507,000

Compensation

Mr. Thachat Viswanath Narendran serves as Non-Executive Director at Tata International Limited since 2024. He serves as the Chief Executive Officer of Tata Steel Limited and served as its Managing Director...


Leadership Team

NamePositionTenureCompensationOwnership
Thachat Narendran
CEO, MD & Executive Director11.3yrs₹174.51m0.00017%
₹ 3.0m
Koushik Chatterjee
CFO & Executive Director16.9yrs₹136.10m0.00016%
₹ 2.8m
Parvatheesam Kanchinadham
Company Secretary & Chief Legal Officer (Corporate & Compliance)no data₹39.94mno data
Hriday Nair
Chief of Corporate Finance & Investor Relationsno data₹12.02mno data
Subodh Pandey
Vice President of Technologyless than a yearno datano data
Jayanta Banerjee
Chief Information Officerno data₹29.04mno data
Ritu Sinha
Chief of Corporate Administrationno data₹15.72mno data
Sarvesh Kumar
Chief of Corporate Communicationno data₹12.13mno data
Siddharth Mishra
Chief of Marketing & Salesno data₹11.85mno data
Atrayee Sanyal
Vice President of Human Resource Management3.9yrs₹25.15mno data
Subramaniam Hariharan
Chief of 3MT Expansion Projectno datano datano data
Rajiv Mangal
Vice President of Safetyno datano datano data

7.6yrs

Average Tenure

56yo

Average Age

Experienced Management: 500470's management team is seasoned and experienced (7.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Thachat Narendran
CEO, MD & Executive Director11.3yrs₹174.51m0.00017%
₹ 3.0m
Koushik Chatterjee
CFO & Executive Director12.1yrs₹136.10m0.00016%
₹ 2.8m
Noel Tata
Non-Executive Vice-Chairman of the Board2.8yrs₹16.40m0.0011%
₹ 20.2m
Natarajan Chandrasekaran
Non-Executive Chairman7.9yrs₹360.00k0.016%
₹ 281.7m
Vijay Sharma
Independent Non-Executive Director6.3yrs₹13.02m0.000080%
₹ 1.4m
Saurabh Agrawal
Non-Executive Director7.3yrs₹600.00kno data
Bharti Ramola
Independent Director2.1yrs₹10.65mno data
Deepak Kapoor
Independent Director7.7yrs₹16.73mno data
Pramod Agrawal
Independent Directorless than a yearno datano data
Shekhar Mande
Independent Director1.5yrs₹8.32mno data

6.8yrs

Average Tenure

61yo

Average Age

Experienced Board: 500470's board of directors are considered experienced (6.8 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 04:26
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

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Analyst Sources

Tata Steel Limited is covered by 72 analysts. 30 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Satyadeep JainAmbit Capital
null nullAnand Rathi Shares and Stock Brokers Limited
Rahul DholamAngel Broking Private Limited