Mindteck (India) Management
Management criteria checks 3/4
Mindteck (India)'s CEO is Anand Balakrishnan, appointed in Mar 2020, has a tenure of 4.08 years. directly owns 0.059% of the company’s shares, worth ₹4.60M. The average tenure of the management team and the board of directors is 3.3 years and 6.9 years respectively.
Key information
Anand Balakrishnan
Chief executive officer
₹17.8m
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | 4.1yrs |
| CEO ownership | 0.06% |
| Management average tenure | 3.3yrs |
| Board average tenure | 6.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | ₹262m |
| Sep 30 2023 | n/a | n/a | ₹246m |
| Jun 30 2023 | n/a | n/a | ₹219m |
| Mar 31 2023 | ₹18m | n/a | ₹208m |
| Dec 31 2022 | n/a | n/a | ₹184m |
| Sep 30 2022 | n/a | n/a | ₹173m |
| Jun 30 2022 | n/a | n/a | ₹170m |
| Mar 31 2022 | ₹15m | ₹13m | ₹333m |
| Dec 31 2021 | n/a | n/a | ₹357m |
| Sep 30 2021 | n/a | n/a | ₹327m |
| Jun 30 2021 | n/a | n/a | ₹307m |
| Mar 31 2021 | ₹15m | ₹13m | ₹109m |
| Dec 31 2020 | n/a | n/a | -₹354m |
| Sep 30 2020 | n/a | n/a | -₹596m |
| Jun 30 2020 | n/a | n/a | -₹635m |
| Mar 31 2020 | ₹15m | ₹13m | -₹648m |
| Dec 31 2019 | n/a | n/a | -₹213m |
| Sep 30 2019 | n/a | n/a | ₹3m |
| Jun 30 2019 | n/a | n/a | ₹27m |
| Mar 31 2019 | n/a | n/a | ₹27m |
| Dec 31 2018 | n/a | n/a | -₹78m |
| Sep 30 2018 | n/a | n/a | -₹63m |
| Jun 30 2018 | n/a | n/a | -₹68m |
| Mar 31 2018 | ₹6m | ₹2m | -₹56m |
Compensation vs Market: Anand's total compensation ($USD213.93K) is above average for companies of similar size in the Indian market ($USD39.58K).
Compensation vs Earnings: Anand's compensation has been consistent with company performance over the past year.
CEO
Anand Balakrishnan (49 yo)
4.1yrs
Tenure
₹17,833,821
Compensation
Mr. Anand Balakrishnan has been Managing Director and Chief Executive Officer of Mindteck (India) Limited since March 1, 2020 and has been its Additional Director since February 14, 2020. Mr. Balakrishnan...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Additional Director | 4.1yrs | ₹17.83m | 0.059% ₹ 4.6m | |
| Chief Financial Officer | 4.1yrs | ₹7.03m | no data | |
| Chief Sales Officer | 3.3yrs | ₹6.38m | 0.010% ₹ 774.6k | |
| Associate VP of Legal | no data | no data | no data | |
| Vice President of Human Resources | no data | ₹4.08m | 0.010% ₹ 774.6k | |
| Head of Cloud Solutions | 4.3yrs | no data | no data | |
| Senior Vice President of Sales - US | 3.3yrs | no data | no data | |
| Practice Medical Devices & Analytical Instruments | 2.4yrs | no data | no data | |
| Practice Head of Electronics Design Services | 2.3yrs | no data | no data | |
| Practice Head of Storage | 2.3yrs | no data | no data | |
| GM & Head of Semiconductor Practice | 2.3yrs | no data | 0.010% ₹ 774.6k | |
| General Manager of Istanbul Office. | 6.2yrs | no data | no data |
3.3yrs
Average Tenure
49yo
Average Age
Experienced Management: 517344's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Additional Director | 4.2yrs | ₹17.83m | 0.059% ₹ 4.6m | |
| Non-Executive Director | 10.5yrs | no data | no data | |
| Independent Director | 7.9yrs | ₹1.20m | no data | |
| Independent Director | 5.9yrs | ₹1.20m | no data | |
| Independent Director | 5.9yrs | ₹1.20m | no data | |
| Additional Non-Executive Director | 2.5yrs | ₹1.20m | no data | |
| Non-Executive Chairman | 11.2yrs | ₹1.20m | 0.25% ₹ 19.3m | |
| Independent Director | 10.7yrs | ₹1.20m | no data |
6.9yrs
Average Tenure
65yo
Average Age
Experienced Board: 517344's board of directors are considered experienced (6.9 years average tenure).