Trust Fintech Management

Management criteria checks 3/4

Trust Fintech's CEO is Hemant Chafale, appointed in Dec 2023, has a tenure of 1.08 years. total yearly compensation is ₹3.00M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 47.41% of the company’s shares, worth ₹1.26B. The average tenure of the management team and the board of directors is 1.1 years and 4.6 years respectively.

Key information

Hemant Chafale

Chief executive officer

₹3.0m

Total compensation

CEO salary percentage100.0%
CEO tenure1.1yrs
CEO ownership47.4%
Management average tenure1.1yrs
Board average tenure4.6yrs

Recent management updates

Recent updates

Trust Fintech's (NSE:TRUST) Solid Profits Have Weak Fundamentals

Nov 25
Trust Fintech's (NSE:TRUST) Solid Profits Have Weak Fundamentals

Why Investors Shouldn't Be Surprised By Trust Fintech Limited's (NSE:TRUST) 66% Share Price Surge

Sep 06
Why Investors Shouldn't Be Surprised By Trust Fintech Limited's (NSE:TRUST) 66% Share Price Surge

Not Many Are Piling Into Trust Fintech Limited (NSE:TRUST) Just Yet

Jul 23
Not Many Are Piling Into Trust Fintech Limited (NSE:TRUST) Just Yet

CEO Compensation Analysis

How has Hemant Chafale's remuneration changed compared to Trust Fintech's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹100m

Jun 30 2024n/an/a

₹112m

Mar 31 2024₹3m₹3m

₹125m

Mar 31 2023₹3mn/a

₹40m

Mar 31 2022₹3mn/a

₹13m

Mar 31 2021₹2mn/a

₹22m

Compensation vs Market: Hemant's total compensation ($USD34.77K) is about average for companies of similar size in the Indian market ($USD41.75K).

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


CEO

Hemant Chafale (54 yo)

1.1yrs

Tenure

₹3,000,000

Compensation

Mr. Hemant Padmanabh Chafale is Managing Director of Trust Fintech Limited from December 01, 2023 and serves as its Director since December 17, 1998 and also serves as its Chairman. With a Bachelor’s degre...


Leadership Team

NamePositionTenureCompensationOwnership
Hemant Chafale
MD, CEO & Chairman1.1yrs₹3.00m47.41%
₹ 1.3b
Anand Kane
CFO, Director of Global Sales & Strategy and Executive Director8.3yrs₹2.86m4.1%
₹ 109.4m
Mandar Deo
Technical Head & Whole Time Directorno data₹3.00m3.49%
₹ 93.1m
Heramb Damle
Marketing Head & Whole Time Directorno data₹3.00m4.98%
₹ 132.9m
Tapasi Das
Company Secretary & Compliance Officerless than a yearno datano data

1.1yrs

Average Tenure

54yo

Average Age

Experienced Management: TRUST's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Hemant Chafale
MD, CEO & Chairman26.1yrs₹3.00m47.41%
₹ 1.3b
Anand Kane
CFO, Director of Global Sales & Strategy and Executive Director8.3yrs₹2.86m4.1%
₹ 109.4m
Mandar Deo
Technical Head & Whole Time Director14.1yrs₹3.00m3.49%
₹ 93.1m
Heramb Damle
Marketing Head & Whole Time Director14.8yrs₹3.00m4.98%
₹ 132.9m
Kapil Chandrayan
Non-Executive Independent Director1yrno datano data
Nitin Alshi
Non-Executive Independent Director1yrno datano data
Prasad Dongarkar
Non-Executive Independent Director1yrno datano data
Sandhya Gulhane
Non-Executive Director1yrno data0.040%
₹ 1.1m

4.6yrs

Average Tenure

54yo

Average Age

Experienced Board: TRUST's board of directors are considered experienced (4.6 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/27 02:10
End of Day Share Price 2025/01/27 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Trust Fintech Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution