Steel Exchange India Management
Management criteria checks 2/4
Steel Exchange India's CEO is Bandi Kumar, appointed in Jan 2008, has a tenure of 17.25 years. total yearly compensation is ₹10.16M, comprised of 88.6% salary and 11.4% bonuses, including company stock and options. directly owns 0.54% of the company’s shares, worth ₹65.95M. The average tenure of the management team and the board of directors is 7.1 years and 1.9 years respectively.
Key information
Bandi Kumar
Chief executive officer
₹10.2m
Total compensation
| CEO salary percentage | 88.6% |
| CEO tenure | 17yrs |
| CEO ownership | 0.5% |
| Management average tenure | 7.1yrs |
| Board average tenure | 1.9yrs |
Recent management updates
Recent updates
Investor Optimism Abounds Steel Exchange India Limited (NSE:STEELXIND) But Growth Is Lacking
Jul 26
Steel Exchange India (NSE:STEELXIND) Is Experiencing Growth In Returns On Capital
Jun 25We Think That There Are Some Issues For Steel Exchange India (NSE:STEELXIND) Beyond Its Promising Earnings
May 13Investors Still Aren't Entirely Convinced By Steel Exchange India Limited's (NSE:STEELXIND) Revenues Despite 26% Price Jump
Feb 19There'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
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | ₹253m |
| Jun 30 2024 | n/a | n/a | ₹189m |
| Mar 31 2024 | ₹10m | ₹9m | ₹109m |
| 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 ($USD118.30K) is above average for companies of similar size in the Indian market ($USD41.92K).
Compensation vs Earnings: Bandi's compensation has been consistent with company performance over the past year.
CEO
Bandi Kumar (64 yo)
17yrs
Tenure
₹10,156,000
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 | 17yrs | ₹10.16m | 0.54% ₹ 66.0m | |
| Joint MD & Whole Time Director | 17.3yrs | ₹9.24m | 3.44% ₹ 420.0m | |
| Vice President of Operations | no data | ₹2.65m | no data | |
| Whole-Time Director | 1.2yrs | ₹4.44m | no data | |
| Chief Financial Officer | less than a year | no data | no data | |
| Company Secretary & Compliance Officer | 7.1yrs | ₹1.20m | no data |
7.1yrs
Average Tenure
Experienced Management: STEELXIND's management team is seasoned and experienced (7.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 17.3yrs | ₹10.16m | 0.54% ₹ 66.0m | |
| Joint MD & Whole Time Director | 25.9yrs | ₹9.24m | 3.44% ₹ 420.0m | |
| Whole-Time Director | 1.2yrs | ₹4.44m | no data | |
| Non-Executive Independent Director | 1.5yrs | ₹250.00k | no data | |
| Independent Non-Executive Director | 9.8yrs | ₹350.00k | no data | |
| Nominee Director | no data | no data | no data | |
| Independent Non-Executive Director | 2.7yrs | ₹350.00k | no data | |
| Non-Executive Independent Director | 1.9yrs | ₹250.00k | no data | |
| Independent Non-Executive Director | less than a year | no data | no data | |
| Nominee Director | less than a year | no data | no data |
1.9yrs
Average Tenure
62.5yo
Average Age
Experienced Board: STEELXIND's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/09 21:39 |
| End of Day Share Price | 2025/01/09 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Steel Exchange India Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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