NMDC Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Amitava Mukherjee

Chief executive officer

₹6.1m

Total compensation

CEO salary percentage	100.0%
CEO tenure	5.5yrs
CEO ownership	n/a
Management average tenure	2.6yrs
Board average tenure	2.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Amitava Mukherjee's remuneration changed compared to NMDC's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	₹64b
Sep 30 2023	n/a	n/a	₹59b
Jun 30 2023	n/a	n/a	₹58b
Mar 31 2023	₹6m	₹6m	₹56b
Dec 31 2022	n/a	n/a	₹51b
Sep 30 2022	n/a	n/a	₹63b
Jun 30 2022	n/a	n/a	₹76b
Mar 31 2022	₹6m	₹5m	₹94b
Dec 31 2021	n/a	n/a	₹104b
Sep 30 2021	n/a	n/a	₹105b
Jun 30 2021	n/a	n/a	₹89b
Mar 31 2021	₹5m	₹4m	₹63b
Dec 31 2020	n/a	n/a	₹38b
Sep 30 2020	n/a	n/a	₹30b
Jun 30 2020	n/a	n/a	₹29b
Mar 31 2020	₹4m	₹4m	₹36b
Dec 31 2019	n/a	n/a	₹47b
Sep 30 2019	n/a	n/a	₹49b
Jun 30 2019	n/a	n/a	₹48b
Mar 31 2019	₹1m	₹1m	₹46b

Compensation vs Market: Amitava's total compensation ($USD73.33K) is below average for companies of similar size in the Indian market ($USD572.91K).

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

CEO

Amitava Mukherjee (55 yo)

5.5yrs

Tenure

₹6,121,000

Compensation

Mr. Amitava Mukherjee has been a Director at Legacy Iron Ore Limited since March 11, 2019. Mr. Mukherjee has been Director of Finance and Director at NMDC Limited (formerly known as National Mineral Develo...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Amitava Mukherjee	MD, Director of Finance & Chairman	5.5yrs	₹6.12m	no data
Dilip Mohanty	Director of Production	2.6yrs	₹7.04m	no data
Viswanath Suresh	Director of Commercial & Director	1.2yrs	₹413.00k	no data
Vinay Kumar	Technical Director & Director	less than a year	no data	0% ₹ 0
A. S. Saradhi	Compliance Officer	9.3yrs	no data	no data
K. Mohan	Chief General Manager of Law	no data	no data	no data
Pradeep Saxena	Chief General Manager of Personnel	no data	no data	no data
B. Sahoo	Executive Director of PC	no data	no data	no data
Abanindra Padhy	Executive Director of Commercial	no data	no data	no data
A.K. Prajapati	Executive Director of Coal Division - Ranchi	no data	no data	no data
M. Reddy	Executive Director of Resource Planning & Environment	no data	no data	no data
K. Srinivasa Murthy	Chief General Manager of Commercial	no data	no data	no data

2.6yrs

Average Tenure

54.5yo

Average Age

Experienced Management: 526371's management team is considered experienced (2.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Amitava Mukherjee	MD, Director of Finance & Chairman	5.5yrs	₹6.12m	no data
Dilip Mohanty	Director of Production	2.6yrs	₹7.04m	no data
Viswanath Suresh	Director of Commercial & Director	1.2yrs	₹413.00k	no data
Vinay Kumar	Technical Director & Director	less than a year	no data	0% ₹ 0
A. S. Saradhi	Compliance Officer	2.5yrs	no data	no data
Sukriti Likhi	Government Nominee Director	3.1yrs	no data	no data
Anil Kamble	Independent Director	2.5yrs	₹545.00k	no data
Vishal Babber	Independent Director	2.5yrs	₹620.00k	no data
Sanjay Singh	Non-Official Independent Director	2.4yrs	₹235.00k	no data
Abhijit Narendra	Government Nominee Director	1.3yrs	no data	no data

2.5yrs

Average Tenure

54yo

Average Age

Experienced Board: 526371's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.

NMDC Management

Management criteria checks 3/4

Key information

Recent management updates

NMDC Limited Announces the Resignation of Sanjay Tandon as Director

NMDC Limited, Annual General Meeting, Sep 07, 2023

NMDC Limited Announces Appointment of Shri Vinay Kumar as Director (Technical)

NMDC Limited Announces Board Changes

NMDC Limited Announces Cessation of Somnath Nandi as Director (Technical)

Less than half of directors are independent

Recent updates

NMDC Limited Announces the Resignation of Sanjay Tandon as Director

Investor sentiment deteriorates as stock falls 15%

Upcoming dividend of ₹5.75 per share

Price target increased by 18% to ₹225

Third quarter 2024 earnings released: EPS: ₹5.06 (vs ₹3.11 in 3Q 2023)

NMDC Limited Declares First Interim Dividend for the Financial Year 2023-24

Price target increased by 7.5% to ₹190

NMDC Limited to Report Q3, 2024 Results on Feb 14, 2024

Price target increased by 7.0% to ₹160

New major risk - Revenue and earnings growth

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

NMDC Limited to Report Q2, 2024 Results on Nov 14, 2023

Upcoming dividend of ₹2.85 per share at 4.7% yield

First quarter 2024 earnings released: EPS: ₹5.64 (vs ₹4.92 in 1Q 2023)

NMDC Limited, Annual General Meeting, Sep 07, 2023

NMDC Limited to Report Q1, 2024 Results on Aug 11, 2023

NMDC Limited to Report Q1, 2024 Results on Aug 08, 2023

Consensus EPS estimates fall by 11%

Nmdc Limited Recommends Payment of Final Dividend for the Financial Year 2022-23

Nmdc Limited Recommends Payment of Final Dividend for the Financial Year 2022-23

Full year 2023 earnings: EPS and revenues exceed analyst expectations

NMDC Limited Announces Appointment of Shri Vinay Kumar as Director (Technical)

NMDC Limited to Report Q4, 2023 Results on May 23, 2023

Now 21% undervalued after recent price drop

Consensus revenue estimates increase by 13%

Upcoming dividend of ₹3.75 per share at 6.2% yield

Third quarter 2023 earnings released: EPS: ₹3.11 (vs ₹6.99 in 3Q 2022)

Nmdc Limited Declares First Interim Dividend for the Financial Year 2022-23

NMDC Limited Announces Board Changes

NMDC Limited to Report Q3, 2023 Results on Feb 14, 2023

NMDC Limited Announces Cessation of Somnath Nandi as Director (Technical)

Second quarter 2023 earnings released: EPS: ₹3.32 (vs ₹7.94 in 2Q 2022)

Less than half of directors are independent

NMDC Limited to Report Q2, 2023 Results on Nov 14, 2022

Investor sentiment deteriorated over the past week

NMDC Limited, Annual General Meeting, Aug 29, 2022

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

NMDC Limited to Report Q1, 2023 Results on Aug 05, 2022

NMDC Limited Announces Cessation of Rasika Chaube as Government Nominee Director on the Board

Tata Steel Long Products Limited (BSE:513010) completed the acquisition of 93.71% stake in Neelachal Ispat Nigam Limited from group of shareholders.

Price target decreased to ₹155

Price target decreased to ₹161

Price target decreased to ₹176

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Investor sentiment deteriorated over the past week

Now 20% undervalued after recent price drop

NMDC Limited to Report Q4, 2022 Results on May 26, 2022

NMDC Limited, Annual General Meeting, Jun 07, 2022

Less than half of directors are independent

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

NMDC Limited Approves Second Interim Dividend for the Financial Year 2021-22

Upcoming dividend of ₹9.01 per share

Second quarter 2022 earnings released: EPS ₹7.94 (vs ₹2.46 in 2Q 2021)

Director of Commercial & Director Alok Mehta has left the company

Production Director & Director Pradip Satpathy has left the company

First quarter 2022 earnings released: EPS ₹10.87 (vs ₹1.73 in 1Q 2021)

Consensus EPS estimates increase to ₹34.25

Consensus revenue estimates increase to ₹281.1b

Full year 2021 earnings released: EPS ₹20.70 (vs ₹11.67 in FY 2020)

Price target increased to ₹186

Price target increased to ₹157

Investor sentiment improved over the past week

Government Nominee Director has left the company

Non-Official Independent Director has left the company

Upcoming Dividend of ₹7.76 Per Share

NMDC Limited Declares Interim Dividend for the Financial Year 2020-2021

New 90-day high: ₹132

Third quarter 2021 earnings released: EPS ₹7.05 (vs ₹4.55 in 3Q 2020)

New 90-day high: ₹122