IVP Management
Management criteria checks 3/4
We currently do not have sufficient information about the CEO.
Key information
Mandar Joshi
Chief executive officer
₹19.9m
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 9.3yrs |
| CEO ownership | n/a |
| Management average tenure | 4yrs |
| Board average tenure | 3.4yrs |
Recent management updates
Recent updates
Benign Growth For IVP Limited (NSE:IVP) Underpins Its Share Price
Oct 14
Increases to IVP Limited's (NSE:IVP) CEO Compensation Might Cool off for now
Aug 02IVP's (NSE:IVP) Shareholders Will Receive A Smaller Dividend Than Last Year
Jul 23Does IVP (NSE:IVP) Have A Healthy Balance Sheet?
Jul 12IVP Limited's (NSE:IVP) Shares Leap 33% Yet They're Still Not Telling The Full Story
Jun 15We Think You Can Look Beyond IVP's (NSE:IVP) Lackluster Earnings
Jun 01IVP (NSE:IVP) Is Looking To Continue Growing Its Returns On Capital
May 31IVP Limited (NSE:IVP) Looks Inexpensive After Falling 25% But Perhaps Not Attractive Enough
Mar 07IVP Limited (NSE:IVP) Shares Fly 26% But Investors Aren't Buying For Growth
Jan 06IVP (NSE:IVP) Takes On Some Risk With Its Use Of Debt
Dec 11IVP (NSE:IVP) Knows How To Allocate Capital Effectively
Oct 31Returns on Capital Paint A Bright Future For IVP (NSE:IVP)
Apr 29We Think IVP (NSE:IVP) Is Taking Some Risk With Its Debt
Dec 25IVP's (NSE:IVP) Dividend Will Be Increased To ₹1.50
Jul 17IVP (NSE:IVP) Is Increasing Its Dividend To ₹1.50
Jul 03IVP (NSE:IVP) Is Investing Its Capital With Increasing Efficiency
Jun 28Is IVP (NSE:IVP) Using Too Much Debt?
May 20IVP (NSE:IVP) Takes On Some Risk With Its Use Of Debt
Feb 11We Think That There Are Issues Underlying IVP's (NSE:IVP) Earnings
Nov 21We Think Shareholders Are Less Likely To Approve A Large Pay Rise For IVP Limited's (NSE:IVP) CEO For Now
Jul 21We Think IVP (NSE:IVP) Has A Fair Chunk Of Debt
Jan 23Here's What We Learned About The CEO Pay At IVP Limited (NSE:IVP)
Dec 01
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | ₹145m |
| Mar 31 2024 | ₹20m | ₹20m | ₹123m |
| Dec 31 2023 | n/a | n/a | ₹161m |
| Sep 30 2023 | n/a | n/a | ₹246m |
| Jun 30 2023 | n/a | n/a | ₹257m |
| Mar 31 2023 | ₹19m | ₹19m | ₹280m |
| Dec 31 2022 | n/a | n/a | ₹268m |
| Sep 30 2022 | n/a | n/a | ₹229m |
| Jun 30 2022 | n/a | n/a | ₹209m |
| Mar 31 2022 | ₹17m | ₹17m | ₹176m |
| Dec 31 2021 | n/a | n/a | ₹141m |
| Sep 30 2021 | n/a | n/a | ₹120m |
| Jun 30 2021 | n/a | n/a | ₹87m |
| Mar 31 2021 | ₹17m | ₹17m | ₹45m |
| Dec 31 2020 | n/a | n/a | -₹11m |
| Sep 30 2020 | n/a | n/a | -₹78m |
| Jun 30 2020 | n/a | n/a | -₹110m |
| Mar 31 2020 | ₹16m | ₹16m | -₹86m |
| Dec 31 2019 | n/a | n/a | -₹51m |
| Sep 30 2019 | n/a | n/a | -₹19m |
| Jun 30 2019 | n/a | n/a | ₹17m |
| Mar 31 2019 | ₹15m | ₹15m | ₹34m |
| Dec 31 2018 | n/a | n/a | ₹37m |
| Sep 30 2018 | n/a | n/a | ₹64m |
| Jun 30 2018 | n/a | n/a | ₹84m |
| Mar 31 2018 | ₹14m | ₹14m | ₹104m |
Compensation vs Market: Mandar's total compensation ($USD236.56K) is above average for companies of similar size in the Indian market ($USD42.83K).
Compensation vs Earnings: Mandar's compensation has been consistent with company performance over the past year.
CEO
Mandar Joshi (50 yo)
9.3yrs
Tenure
₹19,892,136
Compensation
Mr. Mandar Prabhakar Joshi has been the Chief Executive Officer and Whole time Director at IVP Ltd. since August 01, 2016. Mr. Joshi served as General Manager of Polyurethanes at BASF India Limited since A...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Whole Time Director | 9.3yrs | ₹19.89m | no data | |
| Chief Financial Officer | 6yrs | ₹7.10m | no data | |
| Company Secretary & Compliance Officer | 2yrs | ₹2.30m | no data | |
| Head of Sales & Marketing | no data | no data | no data | |
| Head of HR Department | less than a year | no data | no data | |
| Head of Manufacturing | no data | no data | no data |
4.0yrs
Average Tenure
Experienced Management: IVP's management team is considered experienced (4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Whole Time Director | 8.3yrs | ₹19.89m | no data | |
| Non Executive Independent Director | 3.3yrs | ₹608.14k | no data | |
| Independent Non-Executive Director | 15.3yrs | ₹648.14k | 0.026% ₹ 660.8k | |
| Chairman of the Board | 4.8yrs | ₹568.14k | no data | |
| Independent Non-Executive Director | 3.4yrs | ₹648.14k | no data | |
| Non-Executive Non-Independent Director | 3yrs | ₹518.14k | no data | |
| Additional Independent Non-Executive Director | less than a year | no data | no data |
3.4yrs
Average Tenure
60yo
Average Age
Experienced Board: IVP's board of directors are considered experienced (3.4 years average tenure).