Kanubhai Patel is the CEO of Voltamp Transformers Limited (NSE:VOLTAMP). First, this article will compare CEO compensation with compensation at similar sized companies. Next, we'll consider growth that the business demonstrates. And finally we will reflect on how common stockholders have fared in the last few years, as a secondary measure of performance. This process should give us an idea about how appropriately the CEO is paid.

View our latest analysis for Voltamp Transformers

How Does Kanubhai Patel's Compensation Compare With Similar Sized Companies?

According to our data, Voltamp Transformers Limited has a market capitalization of ₹11b, and pays its CEO total annual compensation worth ₹40m. (This figure is for the year to March 2019). We note that's an increase of 17% above last year. While we always look at total compensation first, we note that the salary component is less, at ₹26m. When we examined a selection of companies with market caps ranging from ₹7.2b to ₹29b, we found the median CEO total compensation was ₹20m.

It would therefore appear that Voltamp Transformers Limited pays Kanubhai Patel more than the median CEO remuneration at companies of a similar size, in the same market. However, this fact alone doesn't mean the remuneration is too high. A closer look at the performance of the underlying business will give us a better idea about whether the pay is particularly generous.

The graphic below shows how CEO compensation at Voltamp Transformers has changed from year to year.

Is Voltamp Transformers Limited Growing?

Over the last three years Voltamp Transformers Limited has grown its earnings per share (EPS) by an average of 13% per year (using a line of best fit). It achieved revenue growth of 26% over the last year.

This shows that the company has improved itself over the last few years. Good news for shareholders. Most shareholders would be pleased to see strong revenue growth combined with EPS growth. This combo suggests a fast growing business. You might want to check this free visual report on analyst forecasts for future earnings.

Has Voltamp Transformers Limited Been A Good Investment?

Boasting a total shareholder return of 44% over three years, Voltamp Transformers Limited has done well by shareholders. As a result, some may believe the CEO should be paid more than is normal for companies of similar size.

In Summary...

We examined the amount Voltamp Transformers Limited pays its CEO, and compared it to the amount paid by similar sized companies. Our data suggests that it pays above the median CEO pay within that group.