Tata Chemicals Management

Management criteria checks 3/4

Tata Chemicals' CEO is Ramakrishnan Mukundan, appointed in Nov 2008, has a tenure of 15.42 years. total yearly compensation is ₹82.03M, comprised of 43.1% salary and 56.9% bonuses, including company stock and options. directly owns 0% of the company’s shares, worth ₹563.67K. The average tenure of the management team and the board of directors is 3 years and 6 years respectively.

Key information

Ramakrishnan Mukundan

Chief executive officer

₹82.0m

Total compensation

CEO salary percentage	43.1%
CEO tenure	15.4yrs
CEO ownership	0.0002%
Management average tenure	3yrs
Board average tenure	6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ramakrishnan Mukundan's remuneration changed compared to Tata Chemicals's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	₹18b
Sep 30 2023	n/a	n/a	₹21b
Jun 30 2023	n/a	n/a	₹23b
Mar 31 2023	₹82m	₹35m	₹23b
Dec 31 2022	n/a	n/a	₹21b
Sep 30 2022	n/a	n/a	₹20b
Jun 30 2022	n/a	n/a	₹16b
Mar 31 2022	₹71m	₹13m	₹13b
Dec 31 2021	n/a	n/a	₹8b
Sep 30 2021	n/a	n/a	₹7b
Jun 30 2021	n/a	n/a	₹5b
Mar 31 2021	₹64m	₹12m	₹3b
Dec 31 2020	n/a	n/a	₹4b
Sep 30 2020	n/a	n/a	₹4b
Jun 30 2020	n/a	n/a	₹7b
Mar 31 2020	₹67m	₹12m	₹8b
Dec 31 2019	n/a	n/a	₹12b
Sep 30 2019	n/a	n/a	₹12b
Jun 30 2019	n/a	n/a	₹12b
Mar 31 2019	₹66m	₹11m	₹9b
Dec 31 2018	n/a	n/a	₹11b
Sep 30 2018	n/a	n/a	₹14b
Jun 30 2018	n/a	n/a	₹13b
Mar 31 2018	₹58m	₹10m	₹13b

Compensation vs Market: Ramakrishnan's total compensation ($USD980.48K) is above average for companies of similar size in the Indian market ($USD557.13K).

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

CEO

Ramakrishnan Mukundan (57 yo)

15.4yrs

Tenure

₹82,028,254

Compensation

Mr. Ramakrishnan Mukundan, B.E.(Elec), MBA, has been the Managing Director of Tata Chemicals Limited and Tata Chemicals North America Inc. since November 2008 and also serves as its Chief Executive Officer...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Ramakrishnan Mukundan	MD, CEO & Executive Director	15.4yrs	₹82.03m	0.00020% ₹ 563.7k
Nandakumar Tirumalai	CFO & Chief Investor Relations Officer	3yrs	₹29.25m	no data
Rajiv Chandan	Compliance Officer	no data	₹21.52m	no data
Rahul Pinjarkar	Chief Human Resources Officer	1.3yrs	no data	no data
K. Venkatadri	Chief Innovation & Digital Officer	no data	₹2.17m	no data
D. Sundar	Chief of Corporate Assurance & Initiatives	no data	₹3.36m	no data
Avalakki Uday	Head of Nutraceuticals	no data	no data	no data
Alka Talwar	Chief Sustainability & CSR Officer	no data	no data	no data
Richard Lobo	Head of Strategy & Business Excellence	no data	no data	no data
Rino Raj	Chief Operating Officer of Energy & Battery Business	no data	no data	no data
M. S. Rao	Chief Safety & Engineering	no data	no data	no data
Martin Ashcroft	Managing Director of Tata Chemicals Europe Limited	no data	no data	no data

3.0yrs

Average Tenure

57.5yo

Average Age

Experienced Management: 500770's management team is considered experienced (3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Ramakrishnan Mukundan	MD, CEO & Executive Director	15.4yrs	₹82.03m	0.00020% ₹ 563.7k
Ratan Tata	Chairman Emeritus	11.3yrs	₹4.70m	no data
Rajiv Dube	Independent Non-Executive Director	3.6yrs	₹5.26m	no data
Kanwar Bir Anand	Independent Non-Executive Director	4.5yrs	₹5.55m	no data
Padmini Kaicker	Independent Non-Executive Director	6yrs	₹6.50m	no data
Sankaranarayanan Padmanabhan	Non-Independent Non-Executive Director	7.3yrs	₹810.00k	no data
Natarajan Chandrasekaran	Chairman of the Board	3.4yrs	₹180.00k	0.039% ₹ 110.6m
Vibha Rishi	Independent Non-Executive Director	9.6yrs	₹6.60m	no data
C. Natraj	Independent Non-Executive Director	4.7yrs	₹6.44m	0.000080% ₹ 225.5k

6.0yrs

Average Tenure

63yo

Average Age

Experienced Board: 500770's board of directors are considered experienced (6 years average tenure).

Tata Chemicals Management

Management criteria checks 3/4

Key information

Recent management updates

Tata Chemicals Limited Announces Retirement of Zarir Langran as Executive Director

Insufficient new directors

Tata Chemicals Limited, Annual General Meeting, Jun 26, 2023

Tata Chemicals Limited Announces the Resignation of Bhaskar Bhat as the Director

Tata Chemicals Limited Appoints N. Chandrasekaran as an Additional Director and Chairman of the Board of Directors

Recent updates

Investor sentiment improves as stock rises 25%

Tata Chemicals Limited Announces Retirement of Zarir Langran as Executive Director

Price target decreased by 8.0% to ₹884

Third quarter 2024 earnings: EPS misses analyst expectations

Tata Chemicals Limited to Report Q3, 2024 Results on Feb 05, 2024

Price target decreased by 8.9% to ₹941

Insufficient new directors

New major risk - Revenue and earnings growth

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Tata Chemicals Limited to Report Q2, 2024 Results on Nov 10, 2023

New major risk - Revenue and earnings growth

First quarter 2024 earnings released: EPS: ₹20.53 (vs ₹23.28 in 1Q 2023)

Tata Chemicals Limited to Report Q1, 2024 Results on Aug 07, 2023

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Tata Chemicals Limited Announces Intimation on Tax Deduction on Dividend

Tata Chemicals Limited, Annual General Meeting, Jun 26, 2023

Tata Chemicals Limited Recommends Dividend for the Financial Year 2022-23

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Third quarter 2023 earnings: EPS misses analyst expectations

Tata Chemicals Limited to Report Q3, 2023 Results on Feb 01, 2023

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Tata Chemicals Limited to Report Q2, 2023 Results on Oct 27, 2022

Price target increased to ₹1,268

Investor sentiment improved over the past week

Price target increased to ₹1,170

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Tata Chemicals Limited to Report Q1, 2023 Results on Aug 08, 2022

Full year 2022 earnings: Revenues exceed analyst expectations

Upcoming dividend of ₹12.50 per share

Consensus EPS estimates increase by 14%

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Tata Chemicals Limited Recommends Dividend for the Financial Year 2021-22

Tata Chemicals Limited to Report Fiscal Year 2022 Results on Apr 29, 2022

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Tata Chemicals Reportedly in Talks with Johnson Matthey

Price target increased to ₹924

Second quarter 2022 earnings released: EPS ₹7.88 (vs ₹2.77 in 2Q 2021)

Investor sentiment improved over the past week

Consensus EPS estimates increase to ₹38.47

Price target increased to ₹749

Price target increased to ₹711

First quarter 2022 earnings released: EPS ₹11.30 (vs ₹0.52 in 1Q 2021)

Full year 2021 earnings released: EPS ₹10.06 (vs ₹31.66 in FY 2020)

Upcoming dividend of ₹10.00 per share

Price target increased to ₹501

Full year 2021 earnings released: EPS ₹10.06 (vs ₹31.66 in FY 2020)

Tata Chemicals Limited Recommends Dividend for Fiscal 2021, Payable on July 6, 2021

CFO & Chief Investor Relations Officer has left the company

New 90-day high: ₹733

Investor sentiment improved over the past week

New 90-day high: ₹571

Third quarter 2021 earnings released: EPS ₹6.31 (vs ₹6.77 in 3Q 2020)

Revenue and earnings beat expectations

Tata Chemicals Limited to Report Q3, 2021 Results on Jan 28, 2021

Tata Chemicals Replies to Exchange on Clarification Letter

Tata Chemicals Reportedly in Talks for Archean’s Industrial Salt Unit

New 90-day high: ₹523

Price target raised to ₹362

Market bids up stock over the past week

Tata Chemicals Limited Announces the Resignation of Bhaskar Bhat as the Director

Tata Chemicals Limited Appoints N. Chandrasekaran as an Additional Director and Chairman of the Board of Directors

New 90-day high: ₹353

Analysts update estimates

First half earnings released

Second-quarter earnings released: Revenue beats expectations

Tata Chemicals Limited to Report Q2, 2021 Results on Oct 29, 2020

New 90-day low: ₹279

New 90-day high - ₹325

Tata Chemicals Limited to Report Q1, 2021 Results on Jul 31, 2020

CEO Compensation Analysis