In This Article:
In 2010 Krishna Karwa was appointed CEO of Emkay Global Financial Services Limited (NSE:EMKAY). This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. Then we'll look at a snap shot of the business growth. Third, we'll reflect on the total return to shareholders over three years, as a second measure of business performance. This method should give us information to assess how appropriately the company pays the CEO.
See our latest analysis for Emkay Global Financial Services
How Does Krishna Karwa's Compensation Compare With Similar Sized Companies?
At the time of writing, our data says that Emkay Global Financial Services Limited has a market cap of ₹1.8b, and reported total annual CEO compensation of ₹9.4m for the year to March 2019. While this analysis focuses on total compensation, it's worth noting the salary is lower, valued at ₹8.4m. We took a group of companies with market capitalizations below ₹14b, and calculated the median CEO total compensation to be ₹2.4m.
As you can see, Krishna Karwa is paid more than the median CEO pay at companies of a similar size, in the same market. However, this does not necessarily mean Emkay Global Financial Services 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.
You can see, below, how CEO compensation at Emkay Global Financial Services has changed over time.
Is Emkay Global Financial Services Limited Growing?
Emkay Global Financial Services Limited has increased its earnings per share (EPS) by an average of 12% a year, over the last three years (using a line of best fit). Its revenue is down 12% over last year.
This shows that the company has improved itself over the last few years. Good news for shareholders. The lack of revenue growth isn't ideal, but it is the bottom line that counts most in business. Although we don't have analyst forecasts you could get a better understanding of its growth by checking out this more detailed historical graph of earnings, revenue and cash flow.
Has Emkay Global Financial Services Limited Been A Good Investment?
With a total shareholder return of 6.7% over three years, Emkay Global Financial Services Limited has done okay by shareholders. But they probably don't want to see the CEO paid more than is normal for companies around the same size.
In Summary...
We compared total CEO remuneration at Emkay Global Financial Services Limited with the amount paid at companies with a similar market capitalization. We found that it pays well over the median amount paid in the benchmark group.