IndusInd Bank Limited

BDL:IDUSB Stock Report

Market Cap: US$8.5b

IndusInd Bank Management

Management criteria checks 3/4

IndusInd Bank's CEO is Sumant Kathpalia, appointed in Mar 2020, has a tenure of 4.75 years. total yearly compensation is ₹75.00M, comprised of 22.2% salary and 77.8% bonuses, including company stock and options. directly owns 0.006% of the company’s shares, worth $524.97K. The average tenure of the management team and the board of directors is 3.3 years and 2.5 years respectively.

Key information

Sumant Kathpalia

Chief executive officer

₹75.0m

Total compensation

CEO salary percentage22.2%
CEO tenure4.8yrs
CEO ownership0.006%
Management average tenure3.3yrs
Board average tenure2.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Sumant Kathpalia's remuneration changed compared to IndusInd Bank's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹82b

Jun 30 2024n/an/a

₹90b

Mar 31 2024₹75m₹17m

₹90b

Dec 31 2023n/an/a

₹87b

Sep 30 2023n/an/a

₹83b

Jun 30 2023n/an/a

₹79b

Mar 31 2023₹75m₹17m

₹74b

Dec 31 2022n/an/a

₹68b

Sep 30 2022n/an/a

₹61b

Jun 30 2022n/an/a

₹54b

Mar 31 2022₹74m₹17m

₹48b

Dec 31 2021n/an/a

₹43b

Sep 30 2021n/an/a

₹39b

Jun 30 2021n/an/a

₹34b

Mar 31 2021₹71m₹17m

₹29b

Dec 31 2020n/an/a

₹23b

Sep 30 2020n/an/a

₹28b

Jun 30 2020n/an/a

₹35b

Mar 31 2020₹61m₹2m

₹45b

Compensation vs Market: Sumant's total compensation ($USD882.75K) is below average for companies of similar size in the Luxembourg market ($USD2.46M).

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

CEO

Sumant Kathpalia (63 yo)

4.8yrs

Tenure

₹75,000,000

Compensation

Mr. Sumant Kathpalia serves as Managing Director and Chief Executive Officer of IndusInd Bank Ltd. since March 24, 2020 and serves as its Additional Director since March 24, 2020. Mr. Kathpalia served as t...

Leadership Team

NamePositionTenureCompensationOwnership
Sumant Kathpalia
MD, CEO & Additional Director4.8yrs₹75.00m0.0062%
$ 525.0k
Arun Khurana
Deputy CEO & Whole time Executive Director and Head of Gems13.1yrs₹50.00m0.0052%
$ 440.6k
K. Sridhar
Presidentno datano datano data
Gobind Jain
Chief Financial Officer3.3yrsno datano data
Siddharth Banerjee
Head of Investment Bankingless than a yearno data0.013%
$ 1.1m
Bhavesh Lakhani
Chief Technology Officer4.5yrsno datano data
Anil Rao
Chief Administrative Officerless than a yearno data0.0017%
$ 144.0k
Indrajit Yadav
Head of Investor Relations & Strategy2.6yrsno datano data
Sachin Patange
Chief Compliance Officer1.6yrsno datano data
Soumitra Sen
Head of Consumer Bank & Marketing3.1yrsno data0.022%
$ 1.9m
Zubin Mody
Chief Human Resources Officer19yrsno data0.00086%
$ 73.3k
Sanjeev Anand
Head of Corporate8.8yrsno data0.000020%
$ 1.7k

3.3yrs

Average Tenure

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

Board Members

NamePositionTenureCompensationOwnership
Sumant Kathpalia
MD, CEO & Additional Director4.8yrs₹75.00m0.0062%
$ 525.0k
Arun Khurana
Deputy CEO & Whole time Executive Director and Head of Gems1.5yrs₹50.00m0.0052%
$ 440.6k
Bhavna Doshi
Independent Director4.9yrs₹6.17m0.000050%
$ 4.3k
Sunil Mehta
Independent Chairman of the Board1.9yrs₹7.80m0.00025%
$ 21.3k
Pradeep Udhas
Independent Director2.5yrs₹6.58mno data
Akila Krishnakumar
Non-Executive Independent Director6.3yrs₹6.06mno data
Rakesh Bhatia
Independent Directorless than a yearno datano data
Lingam Prabhakar
Independent Directorless than a yearno datano data
Rajiv Agarwal
Additional Non Executive Independent Director5.8yrs₹5.56mno data
Jayant Deshmukh
Additional Non Executive Independent Director3.4yrs₹4.52mno data
Sudip Basu
Non-Executive & Non-Independent Directorless than a yearno datano data

2.5yrs

Average Tenure

66yo

Average Age

Experienced Board: IDUSB's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 13:13
End of Day Share Price 2024/12/20 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

IndusInd Bank Limited is covered by 82 analysts. 38 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Pankaj AgarwalAmbit Capital
Yuvraj ChoudharyAnand Rathi Shares and Stock Brokers Limited
null nullAntique Stockbroking Ltd.