Mindteck (India) Limited

NSEI:MINDTECK Stock Report

Market Cap: ₹7.5b

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 ₹4.45M. 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 percentagen/a
CEO tenure4.1yrs
CEO ownership0.06%
Management average tenure3.3yrs
Board average tenure6.9yrs

Recent management updates

Recent updates

Mindteck (India) Limited (NSE:MINDTECK) Stock Rockets 78% As Investors Are Less Pessimistic Than Expected

Apr 26
Mindteck (India) Limited (NSE:MINDTECK) Stock Rockets 78% As Investors Are Less Pessimistic Than Expected

Mindteck (India) Limited's (NSE:MINDTECK) Shares Lagging The Market But So Is The Business

Mar 12
Mindteck (India) Limited's (NSE:MINDTECK) Shares Lagging The Market But So Is The Business

Mindteck (India) (NSE:MINDTECK) Shareholders Will Want The ROCE Trajectory To Continue

Sep 29
Mindteck (India) (NSE:MINDTECK) Shareholders Will Want The ROCE Trajectory To Continue

Mindteck (India) (NSE:MINDTECK) Has Affirmed Its Dividend Of ₹1.00

Jul 21
Mindteck (India) (NSE:MINDTECK) Has Affirmed Its Dividend Of ₹1.00

Investors Will Want Mindteck (India)'s (NSE:MINDTECK) Growth In ROCE To Persist

Jun 08
Investors Will Want Mindteck (India)'s (NSE:MINDTECK) Growth In ROCE To Persist

Mindteck (India)'s (NSE:MINDTECK) Returns On Capital Are Heading Higher

Feb 03
Mindteck (India)'s (NSE:MINDTECK) Returns On Capital Are Heading Higher

Mindteck (India) (NSE:MINDTECK) Is Doing The Right Things To Multiply Its Share Price

Oct 08
Mindteck (India) (NSE:MINDTECK) Is Doing The Right Things To Multiply Its Share Price

Investors Give Mindteck (India) Limited (NSE:MINDTECK) Shares A 26% Hiding

Jun 17
Investors Give Mindteck (India) Limited (NSE:MINDTECK) Shares A 26% Hiding

There's Been No Shortage Of Growth Recently For Mindteck (India)'s (NSE:MINDTECK) Returns On Capital

Apr 07
There's Been No Shortage Of Growth Recently For Mindteck (India)'s (NSE:MINDTECK) Returns On Capital

Mindteck (India) (NSE:MINDTECK) Shareholders Will Want The ROCE Trajectory To Continue

Dec 01
Mindteck (India) (NSE:MINDTECK) Shareholders Will Want The ROCE Trajectory To Continue

Mindteck (India) (NSE:MINDTECK) Seems To Use Debt Rather Sparingly

Aug 17
Mindteck (India) (NSE:MINDTECK) Seems To Use Debt Rather Sparingly

Mindteck (India)'s (NSE:MINDTECK) Returns Have Hit A Wall

Jul 13
Mindteck (India)'s (NSE:MINDTECK) Returns Have Hit A Wall

We Think Mindteck (India)'s (NSE:MINDTECK) Robust Earnings Are Conservative

Jun 04
We Think Mindteck (India)'s (NSE:MINDTECK) Robust Earnings Are Conservative

We Think Mindteck (India) (NSE:MINDTECK) Can Manage Its Debt With Ease

Mar 08
We Think Mindteck (India) (NSE:MINDTECK) Can Manage Its Debt With Ease

Is Mindteck (India) (NSE:MINDTECK) Shrinking?

Jan 14
Is Mindteck (India) (NSE:MINDTECK) Shrinking?

We Think Mindteck (India) (NSE:MINDTECK) Can Manage Its Debt With Ease

Nov 22
We Think Mindteck (India) (NSE:MINDTECK) Can Manage Its Debt With Ease

CEO Compensation Analysis

How has Anand Balakrishnan's remuneration changed compared to Mindteck (India)'s earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

₹262m

Sep 30 2023n/an/a

₹246m

Jun 30 2023n/an/a

₹219m

Mar 31 2023₹18mn/a

₹208m

Dec 31 2022n/an/a

₹184m

Sep 30 2022n/an/a

₹173m

Jun 30 2022n/an/a

₹170m

Mar 31 2022₹15m₹13m

₹333m

Dec 31 2021n/an/a

₹357m

Sep 30 2021n/an/a

₹327m

Jun 30 2021n/an/a

₹307m

Mar 31 2021₹15m₹13m

₹109m

Dec 31 2020n/an/a

-₹354m

Sep 30 2020n/an/a

-₹596m

Jun 30 2020n/an/a

-₹635m

Mar 31 2020₹15m₹13m

-₹648m

Dec 31 2019n/an/a

-₹213m

Sep 30 2019n/an/a

₹3m

Jun 30 2019n/an/a

₹27m

Mar 31 2019n/an/a

₹27m

Dec 31 2018n/an/a

-₹78m

Sep 30 2018n/an/a

-₹63m

Jun 30 2018n/an/a

-₹68m

Mar 31 2018₹6m₹2m

-₹56m

Compensation vs Market: Anand's total compensation ($USD213.79K) is above average for companies of similar size in the Indian market ($USD39.24K).

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

NamePositionTenureCompensationOwnership
Anand Balakrishnan
CEO, MD & Additional Director4.1yrs₹17.83m0.059%
₹ 4.4m
Ramachandra Magadi
Chief Financial Officer4.1yrs₹7.03mno data
Harish Nair
Chief Sales Officer3.3yrs₹6.38m0.010%
₹ 749.9k
Sathya Raja G
Associate VP of Legalno datano datano data
K. Pradeep
Vice President of Human Resourcesno data₹4.08m0.010%
₹ 749.9k
Debabrata Guria
Head of Cloud Solutions4.3yrsno datano data
Jacob Pillay
Senior Vice President of Sales - US3.3yrsno datano data
Satish Kumar
Practice Medical Devices & Analytical Instruments2.4yrsno datano data
Manju Reddy
Practice Head of Electronics Design Services2.3yrsno datano data
Sudhir Singh
Practice Head of Storage2.3yrsno datano data
Saibal Dey
GM & Head of Semiconductor Practice2.3yrsno data0.010%
₹ 749.9k
Sebnem Aydemir
General Manager of Istanbul Office.6.2yrsno datano data

3.3yrs

Average Tenure

49yo

Average Age

Experienced Management: MINDTECK's management team is considered experienced (3.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Anand Balakrishnan
CEO, MD & Additional Director4.2yrs₹17.83m0.059%
₹ 4.4m
Meenaz Dhanani
Non-Executive Director10.5yrsno datano data
Guhan Subramaniam
Independent Director7.9yrs₹1.20mno data
Satish Kumar
Independent Director5.9yrs₹1.20mno data
Subhash Dhar
Independent Director5.9yrs₹1.20mno data
Keyuri Singh
Additional Non-Executive Director2.5yrs₹1.20mno data
Yusuf Lanewala
Non-Executive Chairman11.2yrs₹1.20m0.25%
₹ 18.7m
Jagdish Malkani
Independent Director10.7yrs₹1.20mno data

6.9yrs

Average Tenure

65yo

Average Age

Experienced Board: MINDTECK's board of directors are considered experienced (6.9 years average tenure).

Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlansLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & Enterprise
Financial Services GuideTerms and ConditionsPrivacy PolicyLogos provided by Clearbit
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.