Medico Remedies Management
Management criteria checks 3/4
Medico Remedies' CEO is Harshit Mehta, appointed in Dec 2011, has a tenure of 12.42 years. total yearly compensation is ₹4.91M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 12.34% of the company’s shares, worth ₹435.10M. The average tenure of the management team and the board of directors is 7.9 years and 7.9 years respectively.
Key information
Harshit Mehta
Chief executive officer
₹4.9m
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 12.4yrs |
| CEO ownership | 12.3% |
| Management average tenure | 7.9yrs |
| Board average tenure | 7.9yrs |
Recent management updates
Recent updates
Medico Remedies Limited (NSE:MEDICO) Shares Slammed 33% But Getting In Cheap Might Be Difficult Regardless
Mar 22
Here's Why We Think Medico Remedies (NSE:MEDICO) Is Well Worth Watching
Jun 22What You Can Learn From Medico Remedies Limited's (NSE:MEDICO) P/E After Its 27% Share Price Crash
Jun 26Estimating The Fair Value Of Medico Remedies Limited (NSE:MEDICO)
Jun 03CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | ₹70m |
| Sep 30 2023 | n/a | n/a | ₹78m |
| Jun 30 2023 | n/a | n/a | ₹82m |
| Mar 31 2023 | ₹5m | ₹5m | ₹72m |
| Dec 31 2022 | n/a | n/a | ₹75m |
| Sep 30 2022 | n/a | n/a | ₹63m |
| Jun 30 2022 | n/a | n/a | ₹51m |
| Mar 31 2022 | ₹5m | ₹5m | ₹48m |
| Dec 31 2021 | n/a | n/a | ₹33m |
| Sep 30 2021 | n/a | n/a | ₹28m |
| Jun 30 2021 | n/a | n/a | ₹19m |
| Mar 31 2021 | ₹3m | ₹3m | ₹26m |
| Dec 31 2020 | n/a | n/a | ₹25m |
| Sep 30 2020 | n/a | n/a | ₹25m |
| Jun 30 2020 | n/a | n/a | ₹20m |
| Mar 31 2020 | ₹2m | ₹2m | ₹16m |
| Dec 31 2019 | n/a | n/a | ₹18m |
| Sep 30 2019 | n/a | n/a | ₹19m |
| Jun 30 2019 | n/a | n/a | ₹17m |
| Mar 31 2019 | ₹2m | ₹2m | ₹16m |
Compensation vs Market: Harshit's total compensation ($USD58.74K) is above average for companies of similar size in the Indian market ($USD39.52K).
Compensation vs Earnings: Harshit's compensation has been consistent with company performance over the past year.
CEO
Harshit Mehta (38 yo)
12.4yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 30.2yrs | ₹5.89m | 20.76% ₹ 732.1m | |
| MD, Marketing & Export Head and Director | 12.4yrs | ₹4.91m | 12.34% ₹ 435.1m | |
| Company Secretary & Compliance Officer | 5.3yrs | ₹180.00k | no data | |
| Production of Technical & Quality Control Head and Whole-Time Director | 9.2yrs | ₹4.91m | 14.82% ₹ 522.6m |
7.9yrs
Average Tenure
38yo
Average Age
Experienced Management: MEDICO's management team is seasoned and experienced (7.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 30.2yrs | ₹5.89m | 20.76% ₹ 732.1m | |
| MD, Marketing & Export Head and Director | 12.4yrs | ₹4.91m | 12.34% ₹ 435.1m | |
| Production of Technical & Quality Control Head and Whole-Time Director | 9.2yrs | ₹4.91m | 14.82% ₹ 522.6m | |
| Women Non-Executive Director | 24.4yrs | no data | 10.4% ₹ 366.6m | |
| Non-Executive Independent Director | 6.7yrs | ₹6.00k | no data | |
| Non-Executive Independent Director | 6.7yrs | ₹6.00k | no data | |
| Non-Executive Independent Director | 6.7yrs | ₹6.00k | no data | |
| Non-Executive Independent Director | 2.1yrs | ₹6.00k | 0.0042% ₹ 148.8k |
7.9yrs
Average Tenure
63yo
Average Age
Experienced Board: MEDICO's board of directors are considered experienced (7.9 years average tenure).