Indoco Remedies Management
Management criteria checks 2/4
Indoco Remedies' CEO is Sundeep Bambolkar, appointed in Feb 2012, has a tenure of 12.42 years. total yearly compensation is ₹65.50M, comprised of 60.6% salary and 39.4% bonuses, including company stock and options. directly owns 0.18% of the company’s shares, worth ₹54.72M. The average tenure of the management team and the board of directors is 7.5 years and 13.7 years respectively.
Key information
Sundeep Bambolkar
Chief executive officer
₹65.5m
Total compensation
CEO salary percentage | 60.6% |
CEO tenure | 12.4yrs |
CEO ownership | 0.2% |
Management average tenure | 7.5yrs |
Board average tenure | 13.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Jun 30 2024 | n/a | n/a | ₹767m |
Mar 31 2024 | n/a | n/a | ₹985m |
Dec 31 2023 | n/a | n/a | ₹1b |
Sep 30 2023 | n/a | n/a | ₹1b |
Jun 30 2023 | n/a | n/a | ₹1b |
Mar 31 2023 | ₹65m | ₹40m | ₹1b |
Dec 31 2022 | n/a | n/a | ₹2b |
Sep 30 2022 | n/a | n/a | ₹2b |
Jun 30 2022 | n/a | n/a | ₹2b |
Mar 31 2022 | ₹46m | ₹30m | ₹2b |
Dec 31 2021 | n/a | n/a | ₹1b |
Sep 30 2021 | n/a | n/a | ₹1b |
Jun 30 2021 | n/a | n/a | ₹1b |
Mar 31 2021 | ₹28m | ₹20m | ₹930m |
Dec 31 2020 | n/a | n/a | ₹734m |
Sep 30 2020 | n/a | n/a | ₹571m |
Jun 30 2020 | n/a | n/a | ₹393m |
Mar 31 2020 | ₹18m | ₹15m | ₹241m |
Dec 31 2019 | n/a | n/a | ₹302m |
Sep 30 2019 | n/a | n/a | ₹264m |
Jun 30 2019 | n/a | n/a | ₹111m |
Mar 31 2019 | ₹15m | ₹12m | -₹29m |
Mar 31 2018 | ₹16m | ₹12m | ₹412m |
Compensation vs Market: Sundeep's total compensation ($USD782.36K) is above average for companies of similar size in the Indian market ($USD263.78K).
Compensation vs Earnings: Sundeep's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Sundeep Bambolkar (64 yo)
12.4yrs
Tenure
₹65,497,000
Compensation
Mr. Sundeep Vasant Bambolkar has been a Joint Managing Director at Indoco Remedies Limited since February 15, 2012. Mr. Bambolkar served as Chief Financial Officer at Indoco Remedies Limited from March 23,...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Non-Executive Chairman & Whole time Director | 61yrs | ₹53.92m | 4.7% ₹ 1.4b | |
Joint MD & Executive Director | 12.4yrs | ₹65.50m | 0.18% ₹ 54.7m | |
MD & Executive Director | 12.4yrs | ₹73.93m | 6.08% ₹ 1.8b | |
Chief Financial Officer | 2.7yrs | ₹14.91m | no data | |
GM of Legal | 1.6yrs | ₹3.83m | no data | |
President of Operations | no data | no data | no data | |
Chief Technical Officer | no data | ₹7.57m | no data | |
Senior Vice President of Marketing | no data | no data | no data | |
President of Corporate Affairs and M&A | no data | no data | no data |
7.5yrs
Average Tenure
60.5yo
Average Age
Experienced Management: 532612's management team is seasoned and experienced (7.5 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Non-Executive Chairman & Whole time Director | 61yrs | ₹53.92m | 4.7% ₹ 1.4b | |
Joint MD & Executive Director | 20.3yrs | ₹65.50m | 0.18% ₹ 54.7m | |
MD & Executive Director | 20.3yrs | ₹73.93m | 6.08% ₹ 1.8b | |
Independent Non-Executive Director | 19.3yrs | ₹640.00k | no data | |
Independent Non-Executive Director | 17.3yrs | ₹720.00k | 0.013% ₹ 3.9m | |
Non-Executive Director | 10.2yrs | ₹360.00k | no data | |
Non-Executive & Independent Director | 4.3yrs | ₹560.00k | no data | |
Independent Non-Executive Director | 3.8yrs | ₹520.00k | 0.0054% ₹ 1.6m | |
Independent Director | less than a year | no data | no data | |
Independent Director | less than a year | no data | no data |
13.7yrs
Average Tenure
67yo
Average Age
Experienced Board: 532612's board of directors are seasoned and experienced ( 13.7 years average tenure).