In This Article:
In 2006 Subhrakant Panda was appointed CEO of Indian Metals and Ferro Alloys Limited (NSE:IMFA). This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. After that, we will consider the growth in the business. Third, we’ll reflect on the total return to shareholders over three years, as a second measure of business performance. This process should give us an idea about how appropriately the CEO is paid.
Check out our latest analysis for Indian Metals and Ferro Alloys
How Does Subhrakant Panda’s Compensation Compare With Similar Sized Companies?
At the time of writing our data says that Indian Metals and Ferro Alloys Limited has a market cap of ₹7.1b, and is paying total annual CEO compensation of ₹63m. That’s less than last year. We examined a group of similar sized companies, with market capitalizations of below ₹14.7b. The median CEO compensation in that group is ₹2m.
As you can see, Subhrakant Panda is paid more than the median CEO pay at companies of a similar size, in the same market. However, this does not necessarily mean Indian Metals and Ferro Alloys Limited is paying too much. We can get a better idea of how generous the pay is by looking at the performance of the underlying business.
The graphic below shows how CEO compensation at Indian Metals and Ferro Alloys has changed from year to year.
Is Indian Metals and Ferro Alloys Limited Growing?
Over the last three years Indian Metals and Ferro Alloys Limited has grown its earnings per share (EPS) by an average of 69% per year. In the last year, its revenue is up 5.6%.
Overall this is a positive result for shareholders, showing that the company has improved in recent years. It’s also good to see modest revenue growth, suggesting the underlying business is healthy.
Although we don’t have analyst forecasts, shareholders might want to examine this detailed historical graph of earnings, revenue and cash flow.
Has Indian Metals and Ferro Alloys Limited Been A Good Investment?
Most shareholders would probably be pleased with Indian Metals and Ferro Alloys Limited for providing a total return of 110% over three years. As a result, some may believe the CEO should be paid more than is normal for companies of similar size.
In Summary…
We compared the total CEO remuneration paid by Indian Metals and Ferro Alloys Limited, and compared it to remuneration at a group of similar sized companies. As discussed above, we discovered that the company pays more than the median of that group.