Info Edge (India) Management

Management criteria checks 4/4

Info Edge (India)'s CEO is Hitesh Oberoi, appointed in Jul 2010, has a tenure of 13.83 years. total yearly compensation is ₹27.23M, comprised of 55.2% salary and 44.8% bonuses, including company stock and options. directly owns 5.04% of the company’s shares, worth ₹38.89B. The average tenure of the management team and the board of directors is 8.8 years and 6.8 years respectively.

Key information

Hitesh Oberoi

Chief executive officer

₹27.2m

Total compensation

CEO salary percentage	55.2%
CEO tenure	13.8yrs
CEO ownership	5.0%
Management average tenure	8.8yrs
Board average tenure	6.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Hitesh Oberoi's remuneration changed compared to Info Edge (India)'s earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	₹2b
Sep 30 2023	n/a	n/a	-₹256m
Jun 30 2023	n/a	n/a	-₹1b
Mar 31 2023	₹27m	₹15m	-₹1b
Dec 31 2022	n/a	n/a	₹8b
Sep 30 2022	n/a	n/a	₹55b
Jun 30 2022	n/a	n/a	₹128b
Mar 31 2022	₹27m	₹16m	₹128b
Dec 31 2021	n/a	n/a	₹124b
Sep 30 2021	n/a	n/a	₹85b
Jun 30 2021	n/a	n/a	₹15b
Mar 31 2021	₹29m	₹16m	₹14b
Dec 31 2020	n/a	n/a	₹12b
Sep 30 2020	n/a	n/a	₹5b
Jun 30 2020	n/a	n/a	₹436m
Mar 31 2020	₹17m	₹16m	-₹2b
Dec 31 2019	n/a	n/a	-₹288m
Sep 30 2019	n/a	n/a	₹4b
Jun 30 2019	n/a	n/a	₹4b
Mar 31 2019	₹28m	₹16m	₹6b
Mar 31 2018	₹23m	₹13m	₹5b

Compensation vs Market: Hitesh's total compensation ($USD325.97K) is below average for companies of similar size in the Indian market ($USD573.24K).

Compensation vs Earnings: Hitesh's compensation has been consistent with company performance over the past year.

CEO

Hitesh Oberoi (51 yo)

13.8yrs

Tenure

₹27,230,000

Compensation

Mr. Hitesh Oberoi has been the Managing Director and Chief Executive Officer at Info Edge (India) Limited and Naukri Internet Services Pvt. Ltd since July 26, 2010. Mr. Oberoi is Director of Info Edge (Ind...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Hitesh Oberoi	Co-Promoter	13.8yrs	₹27.23m	5.04% ₹ 38.9b
Sanjeev Bikhchandani	Founder	29yrs	₹28.10m	24.34% ₹ 188.0b
Chintan Thakkar	CFO & Whole Time Director	9.9yrs	₹32.99m	0.027% ₹ 205.0m
Jaya Bhatia	Company Secretary & Compliance Officer	2.1yrs	₹5.41m	no data
Shailesh Chandra	Executive Vice President of Operations	3.3yrs	no data	no data
Kapil Chaudhary	General Counsel & Legal Officer	less than a year	no data	no data
Sumeet Singh	Chief Marketing Officer	no data	no data	no data
Sharmeen Khalid	Chief Human Resources Officer	no data	no data	0.013% ₹ 103.5m
Shalabh Nigam	Executive Vice President of New Projects	no data	no data	no data
Vivek Jain	Chief Business Officer - Shiksha & FF	no data	no data	no data
Maneesh Upadhyaya	Chief Business Officer of 99Acres.Com	8.8yrs	no data	0.019% ₹ 147.3m
Rinchan Gupta	Executive Vice President of User Experience & Design	8.8yrs	no data	0.0075% ₹ 58.2m

8.8yrs

Average Tenure

49.5yo

Average Age

Experienced Management: 532777's management team is seasoned and experienced (8.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Hitesh Oberoi	Co-Promoter	23yrs	₹27.23m	5.04% ₹ 38.9b
Sanjeev Bikhchandani	Founder	29yrs	₹28.10m	24.34% ₹ 188.0b
Chintan Thakkar	CFO & Whole Time Director	9.6yrs	₹32.99m	0.027% ₹ 205.0m
Pawan Goyal	Chief Business Officer-Naukri.com & Whole-time Director	less than a year	no data	0% ₹ 0
Ashish Gupta	Non-Executive Independent Director	6.8yrs	₹1.70m	0.095% ₹ 735.9m
Sharad Malik	Non-Executive Independent Director	9.4yrs	₹3.18m	0.40% ₹ 3.1b
Kapil Kapoor	Non-Executive Chairman	21.6yrs	₹1.80m	1.85% ₹ 14.3b
Sanjiv Sachar	Independent Director	less than a year	no data	no data
Aruna Sundararajan	Non-Executive Independent Director	1.3yrs	₹100.00k	no data
Geeta Mathur	Non-Executive Independent Director	5yrs	₹3.18m	0.00010% ₹ 772.3k
Arindam Bhattacharya	Non-Executive Independent Director	1.3yrs	₹100.00k	no data

6.8yrs

Average Tenure

59yo

Average Age

Experienced Board: 532777's board of directors are considered experienced (6.8 years average tenure).

Info Edge (India) Management

Management criteria checks 4/4

Key information

Recent management updates

Info Edge (India) Limited Appoints Kapil Chaudhary as General Counsel, Legal, with Effect from April 10, 2024

Insider recently sold ₹11m worth of stock

Insider recently sold ₹5.3m worth of stock

Insider recently sold ₹10m worth of stock

Insider recently sold ₹11m worth of stock

Insider recently sold ₹14m worth of stock

Recent updates

Info Edge (India) Limited Appoints Kapil Chaudhary as General Counsel, Legal, with Effect from April 10, 2024

Insider recently sold ₹11m worth of stock

Insider recently sold ₹5.3m worth of stock

Insider recently sold ₹10m worth of stock

Insider recently sold ₹11m worth of stock

Insider recently sold ₹14m worth of stock

Price target increased by 7.0% to ₹5,237

Third quarter 2024 earnings released: EPS: ₹11.71 (vs ₹9.05 loss in 3Q 2023)

CFO & Whole Time Director recently sold ₹36m worth of stock

Upcoming dividend of ₹10.00 per share at 0.4% yield

Info Edge (India) Limited Approves Dividend, Payable on November 17, 2023

Second quarter 2024 earnings released: EPS: ₹15.89 (vs ₹8.00 in 2Q 2023)

Insider recently sold ₹2.1m worth of stock

Chief Human Resources Officer recently sold ₹8.5m worth of stock

Insider recently sold ₹6.4m worth of stock

Info Edge (India) Limited Approves Final Dividend for the Financial Year 2022-2023

Insider recently sold ₹2.1m worth of stock

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Info Edge (India) Limited to Report Q3, 2024 Results on Feb 12, 2024

Upcoming dividend of ₹9.00 per share at 0.4% yield

Info Edge (India) Limited Appoints Sanjiv Sachar as Additional Non-Executive Independent Director

Non-Executive Independent Director recently sold ₹62m worth of stock

VLCC Health Care Limited signed an agreement to acquire 42.33% Happily Unmarried Marketing Private Limited from Info Edge (India) Limited (NSEI:NAUKRI) for INR 610 million.

Insider recently sold ₹1.3m worth of stock

Info Edge (India) Limited, Annual General Meeting, Aug 25, 2023

Info Edge (India) Limited to Report Q4, 2023 Results on May 26, 2023

Insider recently sold ₹497k worth of stock

Insider recently sold ₹352k worth of stock

Insider recently bought ₹1.0m worth of stock

Third quarter 2023 earnings released: ₹9.05 loss per share (vs ₹357 profit in 3Q 2022)

Info Edge (India) Limited to Report Q3, 2023 Results on Feb 10, 2023

Chief Business Officer - Shiksha & FF recently sold ₹7.8m worth of stock

Insufficient new directors

Second quarter 2023 earnings released: EPS: ₹8.00 (vs ₹573 in 2Q 2022)

Corporate Action-Board Approves Dividend, Payable on or After December 7, 2022

Info Edge (India) Limited to Report Q2, 2023 Results on Nov 11, 2022

Insider recently sold ₹1.8m worth of stock

Insider recently sold ₹410k worth of stock

Chief Human Resources Officer recently sold ₹16m worth of stock

Info Edge (India) Limited (NSEI:NAUKRI) acquired an unknown minority stake in Happily Unmarried Marketing Private Limited for INR 75 million.

Upcoming dividend of ₹5.00 per share

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Info Edge (India) Limited to Report Q1, 2023 Results on Aug 12, 2022

Insider recently sold ₹2.9m worth of stock

Insider recently sold ₹1.3m worth of stock

Insider recently sold ₹2.9m worth of stock

Price target decreased to ₹4,700

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Info Edge (India) Limited, Annual General Meeting, Aug 26, 2022

Info Edge (India) Limited Recommends Final Dividend for the Financial Year 2021-22, Payable on or after September 16, 2022

Investor sentiment deteriorated over the past week

Insufficient new directors

Info Edge (India) Limited Appoints Jaya Bhatia as Company Secretary and Compliance Officer

Info Edge (India) Limited Announces Resignation of Murlee Manohar as Company Secretary / Compliance Officer

Founder & Executive Vice Chairman recently sold ₹713m worth of stock

Insider recently bought ₹1.0m worth of stock

Info Edge (India) Limited (NSEI:NAUKRI) entered into an agreement to acquire a 25% stake in Juno Learning Pvt. Ltd. for approximately INR 110 million.

Non-Executive Independent Director recently bought ₹5.0m worth of stock

Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Investor sentiment deteriorated over the past week

Insider recently sold ₹3.2m worth of stock

Insider recently sold ₹1.0m worth of stock

Insufficient new directors

Anil Nagar, Info Edge (India) Limited (NSEI:NAUKRI), Konark Trust, Mmpl Trust, WestBridge AIF I, managed by WestBridge Capital Partners LLC completed the acquisition of unknown minority stake in Metis Eduventures Private Limited from Sterlite Technologies Limited (BSE:532374).

Price target increased to ₹5,783

Second quarter 2022 earnings released

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Insider recently sold ₹19m worth of stock