In This Article:
In 2009 Parag Shah was appointed CEO of Man Infraconstruction Limited (NSE:MANINFRA). 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. And finally we will reflect on how common stockholders have fared in the last few years, as a secondary measure of performance. The aim of all this is to consider the appropriateness of CEO pay levels.
See our latest analysis for Man Infraconstruction
How Does Parag Shah’s Compensation Compare With Similar Sized Companies?
Our data indicates that Man Infraconstruction Limited is worth ₹9.5b, and total annual CEO compensation is ₹23m. That’s below the compensation, last year. We examined a group of similar sized companies, with market capitalizations of below ₹14b. The median CEO compensation in that group is ₹1.5m.
It would therefore appear that Man Infraconstruction Limited pays Parag Shah 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. We can get a better idea of how generous the pay is by looking at the performance of the underlying business.
You can see a visual representation of the CEO compensation at Man Infraconstruction, below.
Is Man Infraconstruction Limited Growing?
Over the last three years Man Infraconstruction Limited has grown its earnings per share (EPS) by an average of 48% per year. Its revenue is up 2.6% over last year.
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.
It could be important to check this free visual depiction of what analysts expect for the future.
Has Man Infraconstruction Limited Been A Good Investment?
Man Infraconstruction Limited has not done too badly by shareholders, with a total return of 1.0%, over three years. But they would probably prefer not to see CEO compensation far in excess of the median.
In Summary…
We examined the amount Man Infraconstruction 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.
However, the earnings per share growth over three years is certainly impressive. We also think investors are doing ok, over the same time period. So, considering the EPS growth we do not wish to criticize the level of CEO compensation, though we’d recommend further research on management.