Tata Steel Management
Management criteria checks 3/4
Tata Steel's CEO is Thachat Narendran, appointed in Sep 2013, has a tenure of 11.25 years. total yearly compensation is ₹174.51M, comprised of 11.8% salary and 88.2% bonuses, including company stock and options. directly owns 0% of the company’s shares, worth ₹2.95M. The average tenure of the management team and the board of directors is 7.6 years and 6.8 years respectively.
Key information
Thachat Narendran
Chief executive officer
₹174.5m
Total compensation
| CEO salary percentage | 11.8% |
| CEO tenure | 11.3yrs |
| CEO ownership | 0.0002% |
| Management average tenure | 7.6yrs |
| Board average tenure | 6.8yrs |
Recent management updates
Recent updates
Returns On Capital At Tata Steel (NSE:TATASTEEL) Paint A Concerning Picture
Aug 24
Tata Steel Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Aug 02What Tata Steel Limited's (NSE:TATASTEEL) P/S Is Not Telling You
Aug 01Tata Steel Limited's (NSE:TATASTEEL) Intrinsic Value Is Potentially 25% Below Its Share Price
Jul 14Tata Steel (NSE:TATASTEEL) Has Affirmed Its Dividend Of ₹3.60
Jun 19Tata Steel (NSE:TATASTEEL) Is Paying Out A Dividend Of ₹3.60
Jun 05Tata Steel Limited Just Missed Earnings; Here's What Analysts Are Forecasting Now
Jun 02Does Tata Steel (NSE:TATASTEEL) Have A Healthy Balance Sheet?
May 31Tata Steel (NSE:TATASTEEL) Will Be Hoping To Turn Its Returns On Capital Around
May 10There's Reason For Concern Over Tata Steel Limited's (NSE:TATASTEEL) Price
Apr 18Tata 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 29CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | ₹29b |
| Jun 30 2024 | n/a | n/a | -₹41b |
| Mar 31 2024 | ₹175m | ₹21m | -₹44b |
| 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 ($USD2.04M) is above average for companies of similar size in the Indian market ($USD1.05M).
Compensation vs Earnings: Thachat's compensation has been consistent with company performance over the past year.
CEO
Thachat Narendran (59 yo)
11.3yrs
Tenure
₹174,507,000
Compensation
Mr. Thachat Viswanath Narendran serves as Non-Executive Director at Tata International Limited since 2024. He serves as the Chief Executive Officer of Tata Steel Limited and served as its Managing Director...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Executive Director | 11.3yrs | ₹174.51m | 0.00017% ₹ 2.9m | |
| CFO & Executive Director | 16.9yrs | ₹136.10m | 0.00016% ₹ 2.8m | |
| Company Secretary & Chief Legal Officer (Corporate & Compliance) | no data | ₹39.94m | no data | |
| Chief of Corporate Finance & Investor Relations | no data | ₹12.02m | no data | |
| Vice President of Technology | less than a year | no data | 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 | 3.9yrs | ₹25.15m | no data | |
| Chief of 3MT Expansion Project | no data | no data | no data | |
| Vice President of Safety | no data | no data | no data |
7.6yrs
Average Tenure
56yo
Average Age
Experienced Management: TATASTEEL's management team is seasoned and experienced (7.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Executive Director | 11.3yrs | ₹174.51m | 0.00017% ₹ 2.9m | |
| CFO & Executive Director | 12.1yrs | ₹136.10m | 0.00016% ₹ 2.8m | |
| Non-Executive Vice-Chairman of the Board | 2.8yrs | ₹16.40m | 0.0011% ₹ 19.9m | |
| Non-Executive Chairman | 7.9yrs | ₹360.00k | 0.016% ₹ 277.9m | |
| Independent Non-Executive Director | 6.3yrs | ₹13.02m | 0.000080% ₹ 1.4m | |
| Non-Executive Director | 7.3yrs | ₹600.00k | no data | |
| Independent Director | 2.1yrs | ₹10.65m | no data | |
| Independent Director | 7.7yrs | ₹16.73m | no data | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 1.5yrs | ₹8.32m | no data |
6.8yrs
Average Tenure
61yo
Average Age
Experienced Board: TATASTEEL's board of directors are considered experienced (6.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 17:47 |
| End of Day Share Price | 2024/12/27 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
| |
| 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Tata Steel Limited is covered by 71 analysts. 30 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 |
|---|---|
| Satyadeep Jain | Ambit Capital |
| null null | Anand Rathi Shares and Stock Brokers Limited |
| Rahul Dholam | Angel Broking Private Limited |