Based on information retrieved from the corporate database ACE Equity, the chairman of Hero MotoCorp, Pawan Munjal, received an annual compensation of Rs. 99.55 crore in FY23. The next highest paid business leaders in India are Kalanithi Maran, Chairman, and Kavery Kalanithi, Whole-Time Director of Sun TV Network, who each received an annual compensation of Rs. 87.50 crore.
In addition, among the highest paid CEOs in India are Thierry Delaporte, who recently resigned from his role as Managing Director and Chief Executive Officer of Wipro, who received compensation of Rs. 82.41 crore in FY23; Naveen Jindal, Chairman of Jindal Steel & Power, who received compensation of Rs. 73.83 crore; Murali K Divi, Managing Director of Divi's Laboratories, who received compensation of Rs. 70.49 crore; Sandeep Kalra, Chief Executive Officer of Persistent Systems, received compensation of Rs. 61.66 crore; and HM Bangur, Chairman of Shree Cement, who received compensation of Rs. 54.75 crore. Here are specifics on the performance of their individual firms on the stock markets during the past year.
Hero MotoCorp: From Rs. 2,506 on April 26, 2023 to Rs. 4,492 a share on April 26, 2024, this stock has increased in value by 79%. Hero MotoCorp is now valued at Rs. 89,802 crore on the market. During the first three quarters of FY24, or the nine months from April to December 2023, the company reported total revenues of Rs. 28,172 crore and profit after tax (PAT) of Rs. 2,844 crore. The PAT is up 46% year over year.
Sun TV Network: The stock has increased by 58% from Rs. 420.2 to Rs. 664 in the past year. At now, Sun TV's market value is at Rs. 26,165 crore. It reported PAT of Rs. 1505.5 crore and gross sales of Rs. 3,320 crore during the first three quarters of FY24.The profit grew 13% year over year.
Wipro: with a recent market capitalization of Rs. 2.43 lakh crore, the company's shares closed at Rs. 464.65 on April 26, 2024, indicating a 24% annual return. The FY24 period, spanning from April to December 2023, had gross sales of Rs. 67,552 crore and profit of Rs. 8,257 crore. PAT did, however, decrease 0.3% YoY.
Jindal Steel & Power: JSPL has a 63% annual return, with a market capitalization of Rs. 95,067 crore and a stock price of Rs. 932 as of right now. It reported gross sales of Rs. 42,243 crore and a profit of Rs. 5,010 crore for the first three quarters of FY24. During a nine-month period, PAT increased 84% YoY.
Divi's Laboratories has gained 25% in a year. It has a latest stock price of Rs. 4,025 and m-cap of Rs. 1.07 lakh crore. In the first three quarters of FY24 Divi’s labs posted a profit of Rs. 1,062 crore and gross sales at Rs. 5,542 crore. However PAT has declined 29% YOY.
While the stocks of Persistent Systems gained (52%), Shree Cement up (1%), Mphasis up (31%) and Amara Raja Energy & Mobility Stock surged (85%) in the 12 months period.
