HFCL Management
Management criteria checks 3/4
HFCL's CEO is Mahendra Nahata, appointed in Oct 2005, has a tenure of 18.58 years. total yearly compensation is ₹70.44M, comprised of 71% salary and 29% bonuses, including company stock and options. directly owns 0.28% of the company’s shares, worth ₹412.33M. The average tenure of the management team and the board of directors is 17.6 years and 5.8 years respectively.
Key information
Mahendra Nahata
Chief executive officer
₹70.4m
Total compensation
| CEO salary percentage | 71.0% |
| CEO tenure | 18.6yrs |
| CEO ownership | 0.3% |
| Management average tenure | 17.6yrs |
| Board average tenure | 5.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | ₹3b |
| Sep 30 2023 | n/a | n/a | ₹3b |
| Jun 30 2023 | n/a | n/a | ₹3b |
| Mar 31 2023 | ₹70m | ₹50m | ₹3b |
| Dec 31 2022 | n/a | n/a | ₹3b |
| Sep 30 2022 | n/a | n/a | ₹3b |
| Jun 30 2022 | n/a | n/a | ₹3b |
| Mar 31 2022 | ₹70m | ₹50m | ₹3b |
| Dec 31 2021 | n/a | n/a | ₹3b |
| Sep 30 2021 | n/a | n/a | ₹3b |
| Jun 30 2021 | n/a | n/a | ₹3b |
| Mar 31 2021 | ₹58m | ₹43m | ₹2b |
| Dec 31 2020 | n/a | n/a | ₹2b |
| Sep 30 2020 | n/a | n/a | ₹1b |
| Jun 30 2020 | n/a | n/a | ₹1b |
| Mar 31 2020 | ₹68m | ₹50m | ₹2b |
| Dec 31 2019 | n/a | n/a | ₹3b |
| Sep 30 2019 | n/a | n/a | ₹3b |
| Jun 30 2019 | n/a | n/a | ₹3b |
| Mar 31 2019 | ₹88m | ₹50m | ₹2b |
| Mar 31 2018 | ₹68m | ₹50m | ₹2b |
Compensation vs Market: Mahendra's total compensation ($USD845.12K) is above average for companies of similar size in the Indian market ($USD431.82K).
Compensation vs Earnings: Mahendra's compensation has been consistent with company performance over the past year.
CEO
Mahendra Nahata (64 yo)
18.6yrs
Tenure
₹70,444,600
Compensation
Mr. Mahendra Nahata has been the Managing Director of HFCL Limited. since October 2005. Mr. Nahata was employed at Jumbo Techno Services Pvt.Ltd. He was one of the promoters of HFCL Group in 1987. He has...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Wholetime Director | 18.6yrs | ₹70.44m | 0.28% ₹ 400.4m | |
| President | 17.6yrs | ₹8.80m | no data | |
| Chief Financial Officer | no data | ₹35.80m | no data | |
| Vice President of Finance & Accounts | no data | ₹16.30m | no data | |
| Chief Information Officer | no data | no data | no data | |
| Vice President of Administration & MDs Office | no data | no data | no data | |
| VP & Head of Investor Relations | no data | no data | no data | |
| Executive President of Communications | no data | ₹21.43m | no data | |
| Associate Vice President of Marketing | 1.6yrs | no data | no data | |
| President of Human Resource | no data | ₹6.72m | no data | |
| President of Commercial | no data | ₹11.37m | no data | |
| Executive President of OFC | no data | ₹24.34m | no data |
17.6yrs
Average Tenure
56.5yo
Average Age
Experienced Management: 500183's management team is seasoned and experienced (17.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Wholetime Director | 37yrs | ₹70.44m | 0.28% ₹ 400.4m | |
| Non-Executive Director | 19.6yrs | ₹1.60m | no data | |
| Non-Executive Director | 28.3yrs | ₹900.00k | no data | |
| Independent Director | 2.5yrs | ₹400.00k | no data | |
| Independent Director | 5.8yrs | ₹950.00k | no data | |
| Independent Women Director | 5.4yrs | ₹850.00k | no data | |
| Non-Executive Independent Director | 4.3yrs | ₹1.00m | no data |
5.8yrs
Average Tenure
70yo
Average Age
Experienced Board: 500183's board of directors are considered experienced (5.8 years average tenure).