In This Article:
Harvinder Singh became the CEO of Satin Creditcare Network Limited (NSE:SATIN) in 2010. This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. 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. This process should give us an idea about how appropriately the CEO is paid.
View our latest analysis for Satin Creditcare Network
How Does Harvinder Singh's Compensation Compare With Similar Sized Companies?
At the time of writing, our data says that Satin Creditcare Network Limited has a market cap of ₹14b, and reported total annual CEO compensation of ₹19m for the year to March 2019. That's a notable increase of 21% on last year. While we always look at total compensation first, we note that the salary component is less, at ₹15m. We examined companies with market caps from ₹7.1b to ₹28b, and discovered that the median CEO total compensation of that group was ₹21m.
That means Harvinder Singh receives fairly typical remuneration for the CEO of a company that size. This doesn't tell us a whole lot on its own, but looking at the performance of the actual business will give us useful context.
The graphic below shows how CEO compensation at Satin Creditcare Network has changed from year to year.
Is Satin Creditcare Network Limited Growing?
On average over the last three years, Satin Creditcare Network Limited has grown earnings per share (EPS) by 30% each year (using a line of best fit). It achieved revenue growth of 33% over the last year.
This shows that the company has improved itself over the last few years. Good news for shareholders. It's great to see that revenue growth is strong, too. These metrics suggest the business is growing strongly. Shareholders might be interested in this free visualization of analyst forecasts.
Has Satin Creditcare Network Limited Been A Good Investment?
With a three year total loss of 53%, Satin Creditcare Network Limited would certainly have some dissatisfied shareholders. So shareholders would probably think the company shouldn't be too generous with CEO compensation.
In Summary...
Harvinder Singh is paid around the same as most CEOs of similar size companies.
We think that the EPS growth is very pleasing, but we cannot say the same about the lacklustre shareholder returns (over the last three years). We'd be surprised if shareholders want to see a pay rise for the CEO, but we'd stop short of calling their pay too generous. If you think CEO compensation levels are interesting you will probably really like this free visualization of insider trading at Satin Creditcare Network.