Torrent Power Management
Management criteria checks 2/4
Torrent Power's CEO is Jinal Mehta, appointed in Apr 2018, has a tenure of 6.58 years. total yearly compensation is ₹196.00M, comprised of 79.6% salary and 20.4% bonuses, including company stock and options. directly owns 0.002% of the company’s shares, worth ₹12.62M. The average tenure of the management team and the board of directors is 3.5 years and 2.5 years respectively.
Key information
Jinal Mehta
Chief executive officer
₹196.0m
Total compensation
| CEO salary percentage | 79.6% |
| CEO tenure | 6.6yrs |
| CEO ownership | 0.002% |
| Management average tenure | 3.5yrs |
| Board average tenure | 2.5yrs |
Recent management updates
Recent updates
Earnings Miss: Torrent Power Limited Missed EPS By 16% And Analysts Are Revising Their Forecasts
Nov 16
Torrent Power Limited's (NSE:TORNTPOWER) 28% Price Boost Is Out Of Tune With Earnings
Aug 01Increases to CEO Compensation Might Be Put On Hold For Now at Torrent Power Limited (NSE:TORNTPOWER)
Jul 24Torrent Power (NSE:TORNTPOWER) Will Pay A Dividend Of ₹4.00
Jun 04Torrent Power Limited Just Missed Earnings - But Analysts Have Updated Their Models
May 25Torrent Power (NSE:TORNTPOWER) Might Have The Makings Of A Multi-Bagger
May 09Torrent Power Limited (NSE:TORNTPOWER) Looks Just Right With A 27% Price Jump
Mar 28Estimating The Fair Value Of Torrent Power Limited (NSE:TORNTPOWER)
Mar 19Torrent Power's (NSE:TORNTPOWER) Dividend Will Be ₹10.00
Feb 04We Like These Underlying Return On Capital Trends At Torrent Power (NSE:TORNTPOWER)
Jan 30Torrent Power Limited (NSE:TORNTPOWER) Looks Inexpensive But Perhaps Not Attractive Enough
Jan 09Torrent Power Limited (NSE:TORNTPOWER) Shares Could Be 26% Above Their Intrinsic Value Estimate
Dec 02Torrent Power (NSE:TORNTPOWER) Shareholders Will Want The ROCE Trajectory To Continue
Oct 20Torrent Power (NSE:TORNTPOWER) Has A Pretty Healthy Balance Sheet
Sep 23Returns Are Gaining Momentum At Torrent Power (NSE:TORNTPOWER)
Jul 03We Think Torrent Power (NSE:TORNTPOWER) Can Stay On Top Of Its Debt
May 31Torrent Power Limited's (NSE:TORNTPOWER) Intrinsic Value Is Potentially 33% Above Its Share Price
Mar 27Torrent Power's (NSE:TORNTPOWER) Returns On Capital Are Heading Higher
Mar 12Torrent Power (NSE:TORNTPOWER) Seems To Use Debt Quite Sensibly
Jan 19CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | ₹22b |
| Jun 30 2024 | n/a | n/a | ₹23b |
| Mar 31 2024 | ₹196m | ₹156m | ₹18b |
| Dec 31 2023 | n/a | n/a | ₹19b |
| Sep 30 2023 | n/a | n/a | ₹22b |
| Jun 30 2023 | n/a | n/a | ₹21b |
| Mar 31 2023 | ₹186m | ₹136m | ₹21b |
| Dec 31 2022 | n/a | n/a | ₹12b |
| Sep 30 2022 | n/a | n/a | ₹9b |
| Jun 30 2022 | n/a | n/a | ₹7b |
| Mar 31 2022 | ₹146m | ₹121m | ₹5b |
| Dec 31 2021 | n/a | n/a | ₹13b |
| Sep 30 2021 | n/a | n/a | ₹13b |
| Jun 30 2021 | n/a | n/a | ₹11b |
| Mar 31 2021 | ₹130m | ₹105m | ₹13b |
| Dec 31 2020 | n/a | n/a | ₹6b |
| Sep 30 2020 | n/a | n/a | ₹7b |
| Jun 30 2020 | n/a | n/a | ₹13b |
| Mar 31 2020 | ₹112m | ₹87m | ₹12b |
| Dec 31 2019 | n/a | n/a | ₹15b |
| Sep 30 2019 | n/a | n/a | ₹13b |
| Jun 30 2019 | n/a | n/a | ₹9b |
| Mar 31 2019 | n/a | n/a | ₹9b |
| Dec 31 2018 | n/a | n/a | ₹11b |
| Sep 30 2018 | n/a | n/a | ₹11b |
| Jun 30 2018 | n/a | n/a | ₹10b |
| Mar 31 2018 | ₹76m | ₹51m | ₹9b |
Compensation vs Market: Jinal's total compensation ($USD2.32M) is above average for companies of similar size in the Indian market ($USD776.72K).
Compensation vs Earnings: Jinal's compensation has been consistent with company performance over the past year.
CEO
Jinal Mehta (41 yo)
6.6yrs
Tenure
₹196,000,000
Compensation
Mr. Jinal Mehta is Non-Executive Director of Torrent Pharmaceuticals Limited from June 2024. He is MD & Vice Chairman of Torrent Power Limited from June 01, 2024. He joined the Torrent Power Limited on Oct...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Vice Chairman | 6.6yrs | ₹196.00m | 0.0017% ₹ 12.6m | |
| Chief Financial Officer | 1.6yrs | ₹6.04m | no data | |
| Company Secretary & Compliance Officer | 5.5yrs | ₹4.91m | no data | |
| Whole-Time Director | less than a year | no data | no data | |
| Assistant General Manager | no data | no data | no data |
3.5yrs
Average Tenure
48.5yo
Average Age
Experienced Management: TORNTPOWER's management team is considered experienced (3.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Vice Chairman | 13.1yrs | ₹196.00m | 0.0017% ₹ 12.6m | |
| Whole-Time Director | less than a year | no data | no data | |
| Chairman | 6.6yrs | ₹130.00m | 0.0013% ₹ 9.7m | |
| Non-Executive Independent Director | 2.5yrs | ₹8.10m | no data | |
| Independent Director | 3.5yrs | ₹7.30m | no data | |
| Independent Director | less than a year | no data | no data | |
| Additional Non-Executive Independent Director | 3.3yrs | ₹8.30m | no data | |
| Independent Director | less than a year | no data | no data | |
| Non-Executive Director | 2.3yrs | ₹48.00m | no data |
2.5yrs
Average Tenure
60yo
Average Age
Experienced Board: TORNTPOWER's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.