Mindteck (India) Limited

NSEI:MINDTECK Stock Report

Market Cap: ₹9.6b

Mindteck (India) Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Anand Balakrishnan

Chief executive officer

₹20.1m

Total compensation

CEO salary percentagen/a
CEO tenure4.7yrs
CEO ownershipn/a
Management average tenure2.9yrs
Board average tenure6.5yrs

Recent management updates

Recent updates

We Like These Underlying Return On Capital Trends At Mindteck (India) (NSE:MINDTECK)

Sep 17
We Like These Underlying Return On Capital Trends At Mindteck (India) (NSE:MINDTECK)

Mindteck (India) (NSE:MINDTECK) Is Due To Pay A Dividend Of ₹1.00

Jul 24
Mindteck (India) (NSE:MINDTECK) Is Due To Pay A Dividend Of ₹1.00

Further Upside For Mindteck (India) Limited (NSE:MINDTECK) Shares Could Introduce Price Risks After 28% Bounce

Jul 04
Further Upside For Mindteck (India) Limited (NSE:MINDTECK) Shares Could Introduce Price Risks After 28% Bounce

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
Sep 30 2024n/an/a

₹276m

Jun 30 2024n/an/a

₹275m

Mar 31 2024₹20mn/a

₹273m

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 ($USD238.11K) is above average for companies of similar size in the Indian market ($USD42.72K).

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


CEO

Anand Balakrishnan (51 yo)

4.7yrs

Tenure

₹20,074,673

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 Director4.7yrs₹20.07mno data
Harish Nair
Chief Sales Officerless than a year₹7.12m0.0099%
₹ 943.2k
Sathya Raja G
Associate VP of Legalless than a yearno datano data
Pradeep Kizhakkethil
Vice President of Human Resourcesno data₹4.08m0.0099%
₹ 943.2k
Debabrata Guria
Head of Cloud Solutions4.8yrsno datano data
Satish Kumar
Practice Head of Medical & Health Care3yrsno datano data
Manju Reddy
Practice Head of Electronics Design Services2.9yrsno datano data
Saibal Dey
GM & Head of Semiconductor Practice2.8yrsno data0.0099%
₹ 948.9k
Rohit Goel
Practice Head of Analytical Instrumentationno datano datano data

2.9yrs

Average Tenure

51yo

Average Age

Experienced Management: MINDTECK's management team is considered experienced (2.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Anand Balakrishnan
CEO, MD & Additional Director4.8yrs₹20.07mno data
Meenaz Dhanani
Non-Executive Director11.1yrsno datano data
Guhan Subramaniam
Independent Director8.5yrs₹1.55mno data
Satish Kumar
Independent Director6.5yrs₹1.55mno data
Subhash Dhar
Independent Director6.5yrs₹1.55mno data
Keyuri Singh
Non-Executive Director3.1yrs₹1.55mno data
Yusuf Lanewala
Non-Executive Chairman11.8yrs₹1.55m0.12%
₹ 11.5m

6.5yrs

Average Tenure

66yo

Average Age

Experienced Board: MINDTECK's board of directors are considered experienced (6.5 years average tenure).