Tata Steel Management
Management criteria checks 3/4
Tata Steel's CEO is Thachat Narendran, appointed in Sep 2013, has a tenure of 10.67 years. total yearly compensation is ₹186.65M, comprised of 9.9% salary and 90.1% bonuses, including company stock and options. directly owns 0% of the company’s shares, worth ₹3.53M. The average tenure of the management team and the board of directors is 8 years and 6.8 years respectively.
Key information
Thachat Narendran
Chief executive officer
₹186.7m
Total compensation
| CEO salary percentage | 9.9% |
| CEO tenure | 10.7yrs |
| CEO ownership | 0.0002% |
| Management average tenure | 8yrs |
| Board average tenure | 6.8yrs |
Recent management updates
Recent updates
There's Reason For Concern Over Tata Steel Limited's (NSE:TATASTEEL) Price
Apr 18
Tata Steel (NSE:TATASTEEL) Takes On Some Risk With Its Use Of Debt
Feb 21Does This Valuation Of Tata Steel Limited (NSE:TATASTEEL) Imply Investors Are Overpaying?
Feb 03Here's What's Concerning About Tata Steel's (NSE:TATASTEEL) Returns On Capital
Jan 16Tata Steel Limited (NSE:TATASTEEL) Investors Are Less Pessimistic Than Expected
Dec 29We Think Tata Steel (NSE:TATASTEEL) Is Taking Some Risk With Its Debt
Nov 05Estimating The Fair Value Of Tata Steel Limited (NSE:TATASTEEL)
Oct 18Tata Steel (NSE:TATASTEEL) Could Be Struggling To Allocate Capital
Sep 12Tata Steel's (NSE:TATASTEEL) Dividend Is Being Reduced To ₹3.60
Jun 10Tata Steel (NSE:TATASTEEL) Is Paying Out Less In Dividends Than Last Year
May 27Tata Steel (NSE:TATASTEEL) Is Paying Out Less In Dividends Than Last Year
May 07Return Trends At Tata Steel (NSE:TATASTEEL) Aren't Appealing
Apr 06Is Tata Steel (NSE:TATASTEEL) Using Too Much Debt?
Feb 26Why We Like The Returns At Tata Steel (NSE:TATASTEEL)
Dec 18Tata Steel Limited's (NSE:TATASTEEL) Intrinsic Value Is Potentially 24% Below Its Share Price
Nov 30Tata Steel (NSE:TATASTEEL) Is Achieving High Returns On Its Capital
Aug 17Calculating The Intrinsic Value Of Tata Steel Limited (NSE:TATASTEEL)
Jul 19Is Tata Steel (NSE:TATASTEEL) A Risky Investment?
Jul 06If EPS Growth Is Important To You, Tata Steel (NSE:TATASTEEL) Presents An Opportunity
Jun 23Tata Steel's (NSE:TATASTEEL) Dividend Will Be Increased To ₹51.00
Jun 04Tata Steel (NSE:TATASTEEL) Is Increasing Its Dividend To ₹51.00
May 21Tata Steel (NSE:TATASTEEL) Has Announced That It Will Be Increasing Its Dividend To ₹51.00
May 07Tata Steel (NSE:TATASTEEL) Is Achieving High Returns On Its Capital
Mar 23We Think Tata Steel (NSE:TATASTEEL) Can Stay On Top Of Its Debt
Mar 05An Intrinsic Calculation For Tata Steel Limited (NSE:TATASTEEL) Suggests It's 36% Undervalued
Jan 29Why We Like The Returns At Tata Steel (NSE:TATASTEEL)
Dec 08We Think Tata Steel (NSE:TATASTEEL) Can Stay On Top Of Its Debt
Nov 19A Look At The Intrinsic Value Of Tata Steel Limited (NSE:TATASTEEL)
Oct 12CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -₹33b |
| Sep 30 2023 | n/a | n/a | -₹61b |
| Jun 30 2023 | n/a | n/a | ₹16b |
| Mar 31 2023 | ₹187m | ₹18m | ₹88b |
| Dec 31 2022 | n/a | n/a | ₹168b |
| Sep 30 2022 | n/a | n/a | ₹286b |
| Jun 30 2022 | n/a | n/a | ₹390b |
| Mar 31 2022 | ₹195m | ₹17m | ₹402b |
| Dec 31 2021 | n/a | n/a | ₹369b |
| Sep 30 2021 | n/a | n/a | ₹310b |
| Jun 30 2021 | n/a | n/a | ₹206b |
| Mar 31 2021 | ₹156m | ₹15m | ₹73b |
| Dec 31 2020 | n/a | n/a | -₹4b |
| Sep 30 2020 | n/a | n/a | -₹52b |
| Jun 30 2020 | n/a | n/a | -₹26b |
| Mar 31 2020 | ₹112m | ₹15m | ₹14b |
| Dec 31 2019 | n/a | n/a | ₹61b |
| Sep 30 2019 | n/a | n/a | ₹94b |
| Jun 30 2019 | n/a | n/a | ₹89b |
| Mar 31 2019 | ₹112m | ₹13m | ₹101b |
| Dec 31 2018 | n/a | n/a | ₹179b |
| Sep 30 2018 | n/a | n/a | ₹169b |
| Jun 30 2018 | n/a | n/a | ₹142b |
| Mar 31 2018 | ₹94m | ₹12m | ₹131b |
Compensation vs Market: Thachat's total compensation ($USD2.24M) is above average for companies of similar size in the Indian market ($USD937.36K).
Compensation vs Earnings: Thachat's compensation has been consistent with company performance over the past year.
CEO
Thachat Narendran (58 yo)
10.7yrs
Tenure
₹186,651,000
Compensation
Mr. Thachat Viswanath Narendran serves as the Chief Executive Officer of Tata Steel Limited and served as its Managing Director of India & South East Asia. Mr. Narendran is Managing Director and Executive...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Executive Director | 10.7yrs | ₹186.65m | 0.00017% ₹ 3.5m | |
| CFO & Executive Director | 16.3yrs | ₹142.12m | 0.00013% ₹ 2.7m | |
| Company Secretary | no data | ₹37.61m | no data | |
| Vice President (Financial Operations & Corporate) | no data | no data | no data | |
| Chief of Corporate Finance & Investor Relations | no data | ₹12.02m | no data | |
| Vice President of Technology and R&D | 5.4yrs | ₹34.25m | no data | |
| Chief Information Officer | no data | ₹29.04m | no data | |
| Chief of Corporate Administration | no data | ₹15.72m | no data | |
| Chief of Corporate Communication | no data | ₹12.13m | no data | |
| Chief of Marketing & Sales | no data | ₹11.85m | no data | |
| Vice President of Human Resource Management | 3.3yrs | ₹25.15m | no data | |
| Chief of 3MT Expansion Project | no data | no data | no data |
8.0yrs
Average Tenure
55yo
Average Age
Experienced Management: TATASTEEL's management team is seasoned and experienced (8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Executive Director | 10.7yrs | ₹186.65m | 0.00017% ₹ 3.5m | |
| CFO & Executive Director | 11.5yrs | ₹142.12m | 0.00013% ₹ 2.7m | |
| Chairman Emeritus | 11.4yrs | ₹25.32m | no data | |
| Additional Non-Executive Independent Director | 2.8yrs | ₹12.64m | 0.0064% ₹ 133.2m | |
| Non-Executive Vice-Chairman of the Board | 2.2yrs | ₹15.40m | 0.0011% ₹ 23.9m | |
| Non-Executive Chairman | 7.3yrs | ₹360.00k | 0.016% ₹ 332.9m | |
| Additional Independent Non-Executive Director | 5.8yrs | ₹12.45m | 0.000080% ₹ 1.7m | |
| Non-Executive Director | 6.8yrs | ₹680.00k | no data | |
| Independent Director | 1.5yrs | ₹5.28m | no data | |
| Independent Director | 7.1yrs | ₹15.61m | no data | |
| Independent Director | less than a year | no data | no data |
6.8yrs
Average Tenure
64yo
Average Age
Experienced Board: TATASTEEL's board of directors are considered experienced (6.8 years average tenure).