LTIMindtree Management
Management criteria checks 2/4
LTIMindtree's CEO is Debashis Chatterjee, appointed in Nov 2022, has a tenure of 2.08 years. total yearly compensation is ₹193.40M, comprised of 48.2% salary and 51.8% bonuses, including company stock and options. directly owns 0.015% of the company’s shares, worth ₹251.17M. The average tenure of the management team and the board of directors is 1.5 years and 3.4 years respectively.
Key information
Debashis Chatterjee
Chief executive officer
₹193.4m
Total compensation
| CEO salary percentage | 48.2% |
| CEO tenure | 2.1yrs |
| CEO ownership | 0.01% |
| Management average tenure | 1.5yrs |
| Board average tenure | 3.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | ₹47b |
| Jun 30 2024 | n/a | n/a | ₹46b |
| Mar 31 2024 | ₹193m | ₹93m | ₹46b |
| Dec 31 2023 | n/a | n/a | ₹46b |
| Sep 30 2023 | n/a | n/a | ₹44b |
| Jun 30 2023 | n/a | n/a | ₹45b |
| Mar 31 2023 | ₹313m | ₹85m | ₹44b |
Compensation vs Market: Debashis's total compensation ($USD2.28M) is above average for companies of similar size in the Indian market ($USD1.05M).
Compensation vs Earnings: Debashis's compensation has been consistent with company performance over the past year.
CEO
Debashis Chatterjee (58 yo)
2.1yrs
Tenure
₹193,400,000
Compensation
Mr. Debashis Chatterjee serves as Managing Director, Chief Executive Officer and Director of Mindtree Limited since August 2, 2019 and LTIMindtree Limited since November 14, 2022. Mr. Chatterjee served as...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director | 2.1yrs | ₹193.40m | 0.015% ₹ 251.2m | |
| COO & Whole Time Director | 6yrs | ₹161.35m | 0.0067% ₹ 116.1m | |
| President of Sale & Markets and Whole-Time Director | 2.9yrs | ₹91.91m | 0.053% ₹ 907.4m | |
| Chief Financial Officer | less than a year | no data | no data | |
| Chief Technology Officer | no data | no data | no data | |
| Company Secretary & Compliance Officer | less than a year | no data | no data | |
| Chief Marketing Officer | less than a year | no data | no data | |
| Chief Business Officer | no data | no data | 0.015% ₹ 254.3m | |
| Chief Growth Officer | no data | no data | 0.019% ₹ 336.4m | |
| Head of Emerging Markets | no data | no data | 0.00088% ₹ 15.2m | |
| Head of Nordic Region | no data | no data | no data | |
| Head of Media & Entertainment – Americas | no data | no data | 0.0076% ₹ 131.6m |
1.5yrs
Average Tenure
53.5yo
Average Age
Experienced Management: 540005's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director | 2.1yrs | ₹193.40m | 0.015% ₹ 251.2m | |
| COO & Whole Time Director | 5.6yrs | ₹161.35m | 0.0067% ₹ 116.1m | |
| President of Sale & Markets and Whole-Time Director | 8.1yrs | ₹91.91m | 0.053% ₹ 907.4m | |
| Non-Executive Independent Director | 2.7yrs | ₹2.43m | no data | |
| Non-Executive Independent Director | 2.1yrs | ₹3.18m | no data | |
| Non-Executive Independent Director | 8.1yrs | ₹3.36m | no data | |
| Non-Executive Independent Director | 2.1yrs | ₹2.28m | no data | |
| Non-Executive Director | 11.6yrs | no data | 0.034% ₹ 582.4m | |
| Non-Executive Chairman | 9.9yrs | no data | 0.068% ₹ 1.2b | |
| Non-Executive Independent Director | 3.4yrs | ₹2.60m | no data | |
| Non-Executive Independent Director | 2.1yrs | ₹3.18m | 0.00034% ₹ 5.9m |
3.4yrs
Average Tenure
64yo
Average Age
Experienced Board: 540005's board of directors are considered experienced (3.4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 00:15 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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
LTIMindtree Limited is covered by 62 analysts. 39 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Nitin Bhasin | Ambit Capital |
| Ashwin Mehta | Ambit Capital |
| Jayalaxmi Gupta | Anand Rathi Shares and Stock Brokers Limited |