Medico Remedies Limited

NSEI:MEDICO Stock Report

Market Cap: ₹3.8b

Medico Remedies Management

Management criteria checks 3/4

Medico Remedies' CEO is Harshit Mehta, appointed in Dec 2011, has a tenure of 12.92 years. total yearly compensation is ₹4.91M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 0.8% of the company’s shares, worth ₹30.92M. The average tenure of the management team and the board of directors is 7.2 years and 7.2 years respectively.

Key information

Harshit Mehta

Chief executive officer

₹4.9m

Total compensation

CEO salary percentage100.0%
CEO tenure12.9yrs
CEO ownership0.8%
Management average tenure7.2yrs
Board average tenure7.2yrs

Recent management updates

Recent updates

Investors Appear Satisfied With Medico Remedies Limited's (NSE:MEDICO) Prospects As Shares Rocket 27%

Nov 12
Investors Appear Satisfied With Medico Remedies Limited's (NSE:MEDICO) Prospects As Shares Rocket 27%

Medico Remedies Limited's (NSE:MEDICO) P/E Is Still On The Mark Following 25% Share Price Bounce

Sep 21
Medico Remedies Limited's (NSE:MEDICO) P/E Is Still On The Mark Following 25% Share Price Bounce

Medico Remedies Limited (NSE:MEDICO) Shares Slammed 33% But Getting In Cheap Might Be Difficult Regardless

Mar 22
Medico Remedies Limited (NSE:MEDICO) Shares Slammed 33% But Getting In Cheap Might Be Difficult Regardless

Here's Why We Think Medico Remedies (NSE:MEDICO) Is Well Worth Watching

Jun 22
Here's Why We Think Medico Remedies (NSE:MEDICO) Is Well Worth Watching

What You Can Learn From Medico Remedies Limited's (NSE:MEDICO) P/E After Its 27% Share Price Crash

Jun 26
What You Can Learn From Medico Remedies Limited's (NSE:MEDICO) P/E After Its 27% Share Price Crash

Estimating The Fair Value Of Medico Remedies Limited (NSE:MEDICO)

Jun 03
Estimating The Fair Value Of Medico Remedies Limited (NSE:MEDICO)

CEO Compensation Analysis

How has Harshit Mehta's remuneration changed compared to Medico Remedies's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹77m

Jun 30 2024n/an/a

₹85m

Mar 31 2024₹5m₹5m

₹83m

Dec 31 2023n/an/a

₹70m

Sep 30 2023n/an/a

₹78m

Jun 30 2023n/an/a

₹82m

Mar 31 2023₹5m₹5m

₹72m

Dec 31 2022n/an/a

₹75m

Sep 30 2022n/an/a

₹63m

Jun 30 2022n/an/a

₹51m

Mar 31 2022₹5m₹5m

₹48m

Dec 31 2021n/an/a

₹33m

Sep 30 2021n/an/a

₹28m

Jun 30 2021n/an/a

₹19m

Mar 31 2021₹3m₹3m

₹26m

Dec 31 2020n/an/a

₹25m

Sep 30 2020n/an/a

₹25m

Jun 30 2020n/an/a

₹20m

Mar 31 2020₹2m₹2m

₹16m

Dec 31 2019n/an/a

₹18m

Sep 30 2019n/an/a

₹19m

Jun 30 2019n/an/a

₹17m

Mar 31 2019₹2m₹2m

₹16m

Compensation vs Market: Harshit's total compensation ($USD58.18K) is above average for companies of similar size in the Indian market ($USD42.72K).

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

CEO

Harshit Mehta (39 yo)

12.9yrs

Tenure

₹4,905,000

Compensation

Mr. Harshit Haresh Mehta has been Managing Director of Medico Remedies Limited since September 15, 2017 and serves its Marketing and Export head. He serves as Whole time Director Medico Remedies Limited. H...

Leadership Team

NamePositionTenureCompensationOwnership
Haresh Mehta
Chairman30.7yrs₹5.89m20.76%
₹ 798.7m
Harshit Mehta
MD, Marketing & Export Head and Director12.9yrs₹4.91m0.80%
₹ 30.9m
Rishit Mehta
Production of Technical & Quality Control Head and Whole-Time Director9.7yrs₹4.91m14.82%
₹ 570.2m
Rajesh Chawda
Chief Accountantno datano datano data
Hasan Bohra
Company Secretary & Compliance Officerno datano datano data
Dayanand Mathapati
Executive Directorless than a yearno datano data
Nilesh Misal
Head of the Production Department - Generalno datano datano data
Akhilesh Singh
Head of Production Department (B-Lactum)no datano datano data

7.2yrs

Average Tenure

47yo

Average Age

Experienced Management: MEDICO's management team is seasoned and experienced (7.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Haresh Mehta
Chairman30.7yrs₹5.89m20.76%
₹ 798.7m
Harshit Mehta
MD, Marketing & Export Head and Director12.9yrs₹4.91m0.80%
₹ 30.9m
Rishit Mehta
Production of Technical & Quality Control Head and Whole-Time Director9.7yrs₹4.91m14.82%
₹ 570.2m
Dayanand Mathapati
Executive Directorless than a yearno datano data
Rita Mehta
Women Non-Executive Director24.9yrsno data8.23%
₹ 316.5m
Deepak Vekaria
Non-Executive Independent Director7.2yrs₹6.00kno data
Bharat Rathod
Non-Executive Independent Director7.2yrs₹6.00kno data
Deepesh Shah
Non-Executive Independent Director2.6yrs₹6.00k0.0042%
₹ 162.3k
Kunal Vora
Independent Directorless than a yearno datano data

7.2yrs

Average Tenure

59.5yo

Average Age

Experienced Board: MEDICO's board of directors are considered experienced (7.2 years average tenure).