Dalmia Bharat Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Puneet Dalmia

Chief executive officer

₹233.7m

Total compensation

CEO salary percentage	88.4%
CEO tenure	5.6yrs
CEO ownership	n/a
Management average tenure	3.2yrs
Board average tenure	5.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Puneet Dalmia's remuneration changed compared to Dalmia Bharat's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	₹8b
Dec 31 2023	n/a	n/a	₹11b
Sep 30 2023	n/a	n/a	₹10b
Jun 30 2023	n/a	n/a	₹10b
Mar 31 2023	₹234m	₹207m	₹10b
Dec 31 2022	n/a	n/a	₹10b
Sep 30 2022	n/a	n/a	₹9b
Jun 30 2022	n/a	n/a	₹11b
Mar 31 2022	₹253m	₹227m	₹8b
Dec 31 2021	n/a	n/a	₹11b
Sep 30 2021	n/a	n/a	₹12b
Jun 30 2021	n/a	n/a	₹13b
Mar 31 2021	₹201m	₹180m	₹12b
Dec 31 2020	n/a	n/a	₹6b
Sep 30 2020	n/a	n/a	₹5b
Jun 30 2020	n/a	n/a	₹3b
Mar 31 2020	₹196m	₹177m	₹2b
Dec 31 2019	n/a	n/a	₹4b
Sep 30 2019	n/a	n/a	₹4b
Jun 30 2019	n/a	n/a	₹4b
Mar 31 2019	₹78m	₹69m	₹3b

Compensation vs Market: Puneet's total compensation ($USD2.81M) is above average for companies of similar size in the Indian market ($USD534.13K).

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

CEO

Puneet Dalmia (51 yo)

5.6yrs

Tenure

₹233,700,000

Compensation

Mr. Puneet Yadu Dalmia, B.Tech., M.B.A., serves as Managing Director and Chief Executive Officer of Dalmia Cement (Bharat) Limited since December 08, 2023. He serves as Additional Independent Director at P...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Puneet Dalmia	MD, CEO & Executive Director	5.6yrs	₹233.70m	no data
Rajiv Bansal	President & Chief Transformation Officer	no data	₹189.90m	no data
Dharmender Tuteja	Chief Financial Officer	3.2yrs	no data	no data
Aditi Mittal	Head of Investor Relations	no data	₹7.20m	no data
Rajeev Kumar	Company Secretary & Compliance Officer	1.9yrs	₹11.20m	no data
Rajiv Choubey	Group General Counsel & Chief Risk Officer	no data	₹25.50m	no data
Madhuri Mehta	Chief Human Resource Officer	no data	₹7.90m	no data
Gautam Dalmia	MD & Executive Director	no data	₹206.30m	0% ₹ 0
Pankaj Rastogi	Chief Operating Officer	no data	no data	no data
Mahendra Singhi	MD & CEO of Dalmia Cement (Bharat) Limited	no data	no data	no data
Ganesh Jirkuntwar	National Manufacturing Head of DCBL	no data	₹10.60m	no data
Bharat Mehta	Chief Executive Officer of Sugar Business	no data	no data	no data

3.2yrs

Average Tenure

51yo

Average Age

Experienced Management: 542216's management team is considered experienced (3.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Puneet Dalmia	MD, CEO & Executive Director	5.6yrs	₹233.70m	no data
Gautam Dalmia	MD & Executive Director	9.1yrs	₹206.30m	0% ₹ 0
Paul Hugentobler	Non-Executive Independent Director	less than a year	no data	no data
Yadu Dalmia	Non-Executive Director	5.6yrs	₹500.00k	no data
Niddodi Rajan	Non-Executive Non-Independent Director	4.8yrs	₹2.60m	0.0093% ₹ 32.2m
Anuradha Mookerjee	Independent Director	less than a year	no data	no data

5.2yrs

Average Tenure

62yo

Average Age

Experienced Board: 542216's board of directors are considered experienced (5.2 years average tenure).

Dalmia Bharat Management

Management criteria checks 3/4

Key information

Recent management updates

Dalmia Bharat Limited Announces Board Elections, Effect from July 1, 2023

Dalmia Bharat Limited, Annual General Meeting, Jun 30, 2023

Insufficient new directors

Dalmia Bharat Limited Announces Executive Changes

Dalmia Bharat Limited, Annual General Meeting, Jul 01, 2022

Dalmia Bharat Limited, Annual General Meeting, Jul 01, 2022

Recent updates

Now 21% overvalued

Price target decreased by 7.2% to ₹2,256

Dalmia Bharat Limited Recommends Final Dividend for the Financial Year Ended March 31, 2024

Full year 2024 earnings: EPS misses analyst expectations

Third quarter 2024 earnings: EPS in line with analyst expectations despite revenue beat

Now 20% overvalued after recent price rise

Dalmia Bharat Limited to Report Q3, 2024 Results on Jan 24, 2024

Price target increased by 7.3% to ₹2,440

Second quarter 2024 earnings released: EPS: ₹6.35 (vs ₹2.95 in 2Q 2023)

Dalmia Bharat Limited Declares Interim Dividend for the Financial Year 2023 to 2024

Dalmia Bharat Limited to Report Q2, 2024 Results on Oct 14, 2023

Dalmia Bharat Reportedly Draws Closer to Taking over Birla Tyres

Dalmia Bharat Reportedly Draws Closer to Taking over Birla Tyres

Adani Group's Ambuja-ACC, JK Lakshmi Reportedly Lead Race to Acquire Sanghi Cement

First quarter 2024 earnings: EPS and revenues miss analyst expectations

Dalmia Bharat Limited to Report Q1, 2024 Results on Jul 20, 2023

Dalmia Bharat Limited Announces Board Elections, Effect from July 1, 2023

Upcoming dividend of ₹5.00 per share at 0.4% yield

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Dalmia Bharat Limited, Annual General Meeting, Jun 30, 2023

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Third quarter 2023 earnings released: EPS: ₹10.67 (vs ₹3.48 in 3Q 2022)

Dalmia Bharat Limited to Report Q3, 2023 Results on Feb 04, 2023

Now 21% undervalued

Insufficient new directors

Now 21% undervalued

Second quarter 2023 earnings: EPS misses analyst expectations

Dalmia Bharat Limited Declares Interim Dividend for the Financial Year 2022-23

Dalmia Bharat Limited to Report Q2, 2023 Results on Nov 02, 2022

First quarter 2023 earnings released: EPS: ₹10.46 (vs ₹14.21 in 1Q 2022)

Dalmia Bharat Limited to Report Q1, 2023 Results on Aug 04, 2022

Dalmia Bharat Limited Approves Final Dividend for the Financial Year Ended March 31, 2022

Dalmia Bharat Limited Announces Executive Changes

Upcoming dividend of ₹5.00 per share

Dalmia Bharat Limited, Annual General Meeting, Jul 01, 2022

Dalmia Bharat Limited, Annual General Meeting, Jul 01, 2022

Full year 2022 earnings: EPS exceeds analyst expectations

Dalmia Bharat Limited Proposes Final Dividend for the Financial Year Ended March 31, 2022

Insufficient new directors

Investor sentiment deteriorated over the past week

Third quarter 2022 earnings: EPS misses analyst expectations

Insufficient new directors

Upcoming dividend of ₹4.00 per share

Second quarter 2022 earnings released: EPS ₹11.17 (vs ₹12.24 in 2Q 2021)

Dalmia Bharat Limited Announces the Commencement of Commercial Production of Line 2

Upcoming dividend of ₹1.33 per share

Investor sentiment improved over the past week

Executive Director recently sold ₹2.1m worth of stock

Price target increased to ₹2,184

First quarter 2022 earnings released

Non-Executive Director Jai Dalmia has left the company

Insider recently sold ₹1.1m worth of stock

Price target increased to ₹1,883

Non-Executive Non-Independent Director recently bought ₹2.7m worth of stock

Insider recently sold ₹379k worth of stock

Insider recently sold ₹1.8m worth of stock

Full year 2021 earnings released: EPS ₹65.65 (vs ₹11.61 in FY 2020)

Dalmia Bharat Limited Proposes Final Dividend for the Financial Year Ended March 31, 2021

Senior Executive Director recently sold ₹20m worth of stock

Senior Executive Director recently sold ₹26m worth of stock

Price target increased to ₹1,559

Insider recently sold ₹749k worth of stock

Insider recently sold ₹7.4m worth of stock

New 90-day high: ₹1,496

Insider recently sold ₹4.4m worth of stock

Investor sentiment improved over the past week

Price target raised to ₹1,314

Revenue beats expectations, earnings disappoint

Third quarter 2021 earnings released: EPS ₹9.70 (vs ₹1.25 in 3Q 2020)