Marksans Pharma Limited

BSE:524404 Stock Report

Market Cap: ₹138.2b

Marksans Pharma Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Mark Saldanha

Chief executive officer

₹68.9m

Total compensation

CEO salary percentage69.7%
CEO tenure9.2yrs
CEO ownership43.8%
Management average tenure13yrs
Board average tenure6.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mark Saldanha's remuneration changed compared to Marksans Pharma's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹3b

Jun 30 2024n/an/a

₹3b

Mar 31 2024₹69m₹48m

₹3b

Dec 31 2023n/an/a

₹3b

Sep 30 2023n/an/a

₹3b

Jun 30 2023n/an/a

₹3b

Mar 31 2023₹52m₹48m

₹3b

Dec 31 2022n/an/a

₹2b

Sep 30 2022n/an/a

₹2b

Jun 30 2022n/an/a

₹2b

Mar 31 2022₹38m₹35m

₹2b

Dec 31 2021n/an/a

₹2b

Sep 30 2021n/an/a

₹2b

Jun 30 2021n/an/a

₹3b

Mar 31 2021₹10m₹10m

₹2b

Dec 31 2020n/an/a

₹2b

Sep 30 2020n/an/a

₹2b

Jun 30 2020n/an/a

₹1b

Mar 31 2020₹10m₹10m

₹1b

Dec 31 2019n/an/a

₹879m

Sep 30 2019n/an/a

₹834m

Jun 30 2019n/an/a

₹780m

Mar 31 2019₹10m₹10m

₹804m

Dec 31 2018n/an/a

₹666m

Sep 30 2018n/an/a

₹582m

Jun 30 2018n/an/a

₹463m

Mar 31 2018₹12m₹10m

₹358m

Compensation vs Market: Mark's total compensation ($USD810.45K) is above average for companies of similar size in the Indian market ($USD470.45K).

Compensation vs Earnings: Mark's compensation has increased by more than 20% in the past year.

CEO

Mark Saldanha (52 yo)

9.2yrs

Tenure

₹68,857,053

Compensation

Mr. Mark B. Saldanha, M.Sc. (Maths) & (Stat.)., Dip. (Fin. Mgt.) serves as Promoter and Managing Director of Marksans Pharma Limited, which he joined in October 6, 2005 (alternate name, Glenmark Laboratori...

Leadership Team

NamePositionTenureCompensationOwnership
Mark Saldanha
Non-Independent Executive Chairman & MDno data₹68.86m43.8%
₹ 60.5b
Jitendra Sharma
Chief Financial Officer22.3yrs₹12.84mno data
Vishal Bhargava
Director Operationsno data₹5.80mno data
Harshavardhan Panigrahi
Company Secretary15.8yrs₹2.84mno data
Sandra Saldanha
Whole-Time Executive Non Independent Director10.3yrs₹7.07m0.073%
₹ 100.8m
Varddhman Jain
Whole-Time Executive Non Independent Director5.9yrs₹18.75mno data
Sunil Rane
Senior Vice President of QCno data₹10.61mno data
David Mohammed
Managing Director of Australia Operationsno datano datano data
Sathish Kumar
Managing Director of UK Operationsno datano datano data
Anjani Kumar
Chief Operating Officer of US Operationsno data₹10.29mno data

13.0yrs

Average Tenure

54yo

Average Age

Experienced Management: 524404's management team is seasoned and experienced (13 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Mark Saldanha
Non-Independent Executive Chairman & MD9.2yrs₹68.86m43.8%
₹ 60.5b
Sandra Saldanha
Whole-Time Executive Non Independent Director10.3yrs₹7.07m0.073%
₹ 100.8m
Varddhman Jain
Whole-Time Executive Non Independent Director5.9yrs₹18.75mno data
Sunny Sharma
Non-Executive & Non-Independent Director3.3yrsno datano data
Abhinna Mohanty
Non-Executive & Independent Director5.4yrs₹15.00kno data
Shailaja Vardhan
Non-Executive & Independent Director1.6yrs₹300.00kno data
Seetharama Buddharaju
Non-Executive & Independent Director13.2yrs₹25.00kno data
Digant Parikh
Non-Executive Independent Director6.8yrs₹400.00kno data

6.3yrs

Average Tenure

53.5yo

Average Age

Experienced Board: 524404's board of directors are considered experienced (6.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:43
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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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Learn about the world class team who designed and built the Simply Wall St analysis model.

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

Marksans Pharma Limited is covered by 6 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ranjit KapadiaCentrum Broking Limited
Deepika MurarkaChoice Equity Broking Private Limited
Nitin AgarwalDAM Capital Advisors