It's Unlikely That TV18 Broadcast Limited's (NSE:TV18BRDCST) CEO Will See A Huge Pay Rise This Year

CEO Rahul Joshi has done a decent job of delivering relatively good performance at TV18 Broadcast Limited (NSE:TV18BRDCST) recently. As shareholders go into the upcoming AGM on 29 September 2022, CEO compensation will probably not be their focus, but rather the steps management will take to continue the growth momentum. However, some shareholders may still be hesitant of being overly generous with CEO compensation.

View our latest analysis for TV18 Broadcast

Comparing TV18 Broadcast Limited's CEO Compensation With The Industry

Our data indicates that TV18 Broadcast Limited has a market capitalization of ₹69b, and total annual CEO compensation was reported as ₹76m for the year to March 2022. That's a fairly small increase of 7.3% over the previous year. We note that the salary portion, which stands at ₹73.3m constitutes the majority of total compensation received by the CEO.

On examining similar-sized companies in the industry with market capitalizations between ₹32b and ₹128b, we discovered that the median CEO total compensation of that group was ₹16m. This suggests that Rahul Joshi is paid more than the median for the industry.

Component	2022	2021	Proportion (2022)
Salary	₹73m	₹68m	96%
Other	₹2.9m	₹2.9m	4%
Total Compensation	₹76m	₹71m	100%

On an industry level, around 100% of total compensation represents salary and 0.2491% is other remuneration. Investors will find it interesting that TV18 Broadcast pays the bulk of its rewards through a traditional salary, instead of non-salary benefits. If total compensation veers towards salary, it suggests that the variable portion - which is generally tied to performance, is lower.

TV18 Broadcast Limited's Growth

TV18 Broadcast Limited has seen its earnings per share (EPS) increase by 37% a year over the past three years. In the last year, its revenue is up 16%.

Overall this is a positive result for shareholders, showing that the company has improved in recent years. It's also good to see decent revenue growth in the last year, suggesting the business is healthy and growing. Looking ahead, you might want to check this free visual report on analyst forecasts for the company's future earnings..

Has TV18 Broadcast Limited Been A Good Investment?

We think that the total shareholder return of 67%, over three years, would leave most TV18 Broadcast Limited shareholders smiling. As a result, some may believe the CEO should be paid more than is normal for companies of similar size.

In Summary...

Rahul receives almost all of their compensation through a salary. 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, any decision to raise CEO pay might be met with some objections from the shareholders given that the CEO is already paid higher than the industry average.

CEO compensation is one thing, but it is also interesting to check if the CEO is buying or selling TV18 Broadcast (free visualization of insider trades).

Arguably, business quality is much more important than CEO compensation levels. So check out this free list of interesting companies that have HIGH return on equity 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.