It's Unlikely That D. B. Corp Limited's (NSE:DBCORP) CEO Will See A Huge Pay Rise This Year
Key Insights
- D. B to hold its Annual General Meeting on 2nd of September
- Salary of ₹31.3m is part of CEO Sudhir Agarwal's total remuneration
- Total compensation is 198% above industry average
- D. B's total shareholder return over the past three years was 196% while its EPS grew by 19% over the past three years
CEO Sudhir Agarwal has done a decent job of delivering relatively good performance at D. B. Corp Limited (NSE:DBCORP) recently. In light of this performance, CEO compensation will probably not be the main focus for shareholders as they go into the AGM on 2nd of September. However, some shareholders may still want to keep CEO compensation within reason.
Check out our latest analysis for D. B
How Does Total Compensation For Sudhir Agarwal Compare With Other Companies In The Industry?
Our data indicates that D. B. Corp Limited has a market capitalization of ₹47b, and total annual CEO compensation was reported as ₹31m for the year to March 2025. Notably, that's an increase of 18% over the year before. Notably, the salary of ₹31m is the entirety of the CEO compensation.
For comparison, other companies in the Indian Media industry with market capitalizations ranging between ₹18b and ₹70b had a median total CEO compensation of ₹11m. Hence, we can conclude that Sudhir Agarwal is remunerated higher than the industry median. Moreover, Sudhir Agarwal also holds ₹2.3b worth of D. B stock directly under their own name, which reveals to us that they have a significant personal stake in the company.
Component | 2025 | 2024 | Proportion (2025) |
Salary | ₹31m | ₹27m | 100% |
Other | - | - | - |
Total Compensation | ₹31m | ₹27m | 100% |
Speaking on an industry level, nearly 100% of total compensation represents salary, while the remainder of 0.30108504% is other remuneration. At the company level, D. B pays Sudhir Agarwal solely through a salary, preferring to go down a conventional route. If salary dominates total compensation, it suggests that CEO compensation is leaning less towards the variable component, which is usually linked with performance.
A Look at D. B. Corp Limited's Growth Numbers
D. B. Corp Limited's earnings per share (EPS) grew 19% per year over the last three years. It saw its revenue drop 5.3% over the last year.
This demonstrates that the company has been improving recently and is good news for the shareholders. While it would be good to see revenue growth, profits matter more in the end. Looking ahead, you might want to check this free visual report on analyst forecasts for the company's future earnings..
Has D. B. Corp Limited Been A Good Investment?
Most shareholders would probably be pleased with D. B. Corp Limited for providing a total return of 196% over three years. As a result, some may believe the CEO should be paid more than is normal for companies of similar size.
In Summary...
D. B pays CEO compensation exclusively through a salary, with non-salary compensation completely ignored. The company's decent performance might have made most shareholders happy, possibly making CEO remuneration the least of the concerns to be discussed in the upcoming AGM. However, if the board proposes to increase the compensation, some shareholders might have questions given that the CEO is already being paid higher than the industry.
While it is important to pay attention to CEO remuneration, investors should also consider other elements of the business. That's why we did some digging and identified 1 warning sign for D. B that investors should think about before committing capital to this stock.
Important note: D. B is an exciting stock, but we understand investors may be looking for an unencumbered balance sheet and blockbuster returns. You might find something better in this list of interesting companies with high ROE and low debt.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About NSEI:DBCORP
D. B
Engages in the business of publishing newspapers, radio broadcasting, and digital platforms for news and event management in India and internationally.
Flawless balance sheet established dividend payer.
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