Steel Exchange India Management
Management criteria checks 3/4
Steel Exchange India's CEO is Bandi Kumar, appointed in Jan 2008, has a tenure of 16.25 years. total yearly compensation is ₹10.34M, comprised of 87% salary and 13% bonuses, including company stock and options. directly owns 0.54% of the company’s shares, worth ₹92.76M. The average tenure of the management team and the board of directors is 11.3 years and 16.3 years respectively.
Key information
Bandi Kumar
Chief executive officer
₹10.3m
Total compensation
| CEO salary percentage | 87.0% |
| CEO tenure | 16.3yrs |
| CEO ownership | 0.5% |
| Management average tenure | 11.3yrs |
| Board average tenure | 16.3yrs |
Recent management updates
Recent updates
Investors Still Aren't Entirely Convinced By Steel Exchange India Limited's (NSE:STEELXIND) Revenues Despite 26% Price Jump
Feb 19
There's Been No Shortage Of Growth Recently For Steel Exchange India's (NSE:STEELXIND) Returns On Capital
Feb 01Further Upside For Steel Exchange India Limited (NSE:STEELXIND) Shares Could Introduce Price Risks After 36% Bounce
Jan 05Do Steel Exchange India's (NSE:STEELXIND) Earnings Warrant Your Attention?
May 25Steel Exchange India (NSE:STEELXIND) Is Looking To Continue Growing Its Returns On Capital
Apr 07We Ran A Stock Scan For Earnings Growth And Steel Exchange India (NSE:STEELXIND) Passed With Ease
Feb 17Steel Exchange India (NSE:STEELXIND) Has A Pretty Healthy Balance Sheet
Jan 04There's Been No Shortage Of Growth Recently For Steel Exchange India's (NSE:STEELXIND) Returns On Capital
Dec 15Steel Exchange India (NSE:STEELXIND) Is Looking To Continue Growing Its Returns On Capital
Sep 03Steel Exchange India (NSE:STEELXIND) Has A Somewhat Strained Balance Sheet
Aug 04Steel Exchange India (NSE:STEELXIND) Is Doing The Right Things To Multiply Its Share Price
May 31A Look At The Intrinsic Value Of Steel Exchange India Limited (NSE:STEELXIND)
Nov 04Steel Exchange India (NSE:STEELXIND) Seems To Use Debt Quite Sensibly
Jul 28Steel Exchange India Limited (NSE:STEELXIND) Stock Catapults 28% Though Its Price And Business Still Lag The Market
Jul 03Steel Exchange India's (NSE:STEELXIND) Returns Have Hit A Wall
Jun 11Here's Why Steel Exchange India (NSE:STEELXIND) Has A Meaningful Debt Burden
Mar 30Is Steel Exchange India Limited's (NSE:STEELXIND) 74% ROE Better Than Average?
Feb 22How Should Investors Feel About Steel Exchange India's (NSE:STEELXIND) CEO Remuneration?
Jan 25Are Steel Exchange India's (NSE:STEELXIND) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Jan 04
Is Steel Exchange India (NSE:STEELXIND) Using Too Much Debt?
Dec 09Can Steel Exchange India Limited (NSE:STEELXIND) Maintain Its Strong Returns?
Nov 13Does Steel Exchange India's (NSE:STEELXIND) CEO Salary Compare Well With The Performance Of The Company?
Sep 21Is Steel Exchange India Limited's (NSE:STEELXIND) ROE Of 41% Impressive?
Aug 04CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -₹515m |
| Sep 30 2023 | n/a | n/a | -₹771m |
| Jun 30 2023 | n/a | n/a | -₹724m |
| Mar 31 2023 | ₹10m | ₹9m | -₹589m |
| Dec 31 2022 | n/a | n/a | ₹962m |
| Sep 30 2022 | n/a | n/a | ₹1b |
| Jun 30 2022 | n/a | n/a | ₹1b |
| Mar 31 2022 | ₹8m | ₹7m | ₹1b |
| Dec 31 2021 | n/a | n/a | ₹331m |
| Sep 30 2021 | n/a | n/a | ₹1b |
| Jun 30 2021 | n/a | n/a | ₹1b |
| Mar 31 2021 | ₹7m | ₹7m | ₹1b |
| Dec 31 2020 | n/a | n/a | ₹1b |
| Sep 30 2020 | n/a | n/a | ₹503m |
| Jun 30 2020 | n/a | n/a | ₹409m |
| Mar 31 2020 | ₹7m | ₹7m | ₹643m |
| Dec 31 2019 | n/a | n/a | -₹300m |
| Sep 30 2019 | n/a | n/a | -₹236m |
| Jun 30 2019 | n/a | n/a | -₹301m |
| Mar 31 2019 | ₹7m | ₹7m | -₹367m |
| Dec 31 2018 | n/a | n/a | ₹84m |
| Sep 30 2018 | n/a | n/a | -₹543m |
| Jun 30 2018 | n/a | n/a | -₹1b |
| Mar 31 2018 | ₹7m | ₹7m | -₹2b |
Compensation vs Market: Bandi's total compensation ($USD123.92K) is below average for companies of similar size in the Indian market ($USD186.77K).
Compensation vs Earnings: Bandi's compensation has increased whilst the company is unprofitable.
CEO
Bandi Kumar (63 yo)
16.3yrs
Tenure
₹10,343,000
Compensation
Mr. Bandi Satish Kumar has been Managing Director of Steel Exchange India Ltd., since January 10, 2008. Mr. Kumar has industry experience and served in senior positions in the White Goods & Engineering Goo...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 16.3yrs | ₹10.34m | 0.54% ₹ 92.8m | |
| Joint MD & Whole Time Director | 16.5yrs | ₹7.20m | 3.44% ₹ 590.8m | |
| Assistant Vice President of Operations | no data | ₹1.20m | no data | |
| Whole-Time Director | less than a year | ₹2.88m | no data | |
| Company Secretary & Compliance Officer | 6.3yrs | ₹1.20m | no data |
11.3yrs
Average Tenure
Experienced Management: STEELXIND's management team is seasoned and experienced (11.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 16.5yrs | ₹10.34m | 0.54% ₹ 92.8m | |
| Joint MD & Whole Time Director | 25.2yrs | ₹7.20m | 3.44% ₹ 590.8m | |
| Whole-Time Director | less than a year | ₹2.88m | no data | |
| Non Executive & Non Independent Director | 24.3yrs | no data | 0.54% ₹ 92.4m | |
| Independent Non-Executive Director | 18.3yrs | ₹150.00k | no data | |
| Independent Non-Executive Director | 9.1yrs | ₹250.00k | no data | |
| Independent Non-Executive Director | 16.3yrs | ₹250.00k | no data | |
| Non Executive & Non Independent Director | 24.2yrs | no data | 2.02% ₹ 347.6m | |
| Independent Non-Executive Director | 15.3yrs | ₹250.00k | no data | |
| Nominee Director | no data | no data | no data | |
| Independent Non-Executive Director | 1.9yrs | ₹200.00k | no data | |
| Additional Non-Executive Independent Director | 1.2yrs | no data | no data |
16.3yrs
Average Tenure
63.5yo
Average Age
Experienced Board: STEELXIND's board of directors are seasoned and experienced ( 16.3 years average tenure).