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This article was first published 10 years ago

India's highest paid CEOs

Last updated on: March 06, 2014 17:02 IST

Image: Vice-chairman and managing director of India Cement N Srinivasan.
Photographs: Rupak De Chowdhuri/Reuters

Despite the slowdown in the economy, Indian CEOs compensation is still on a rise. Majority of the companies have seen directors’ and CEOs’ pay hike in financial year 2013 compared to a year earlier.

Mukesh Ambani is the only CEO who’s compensation has remained the same.

The CEO who has the highest compensation in the country, took home a total of Rs 56.25 crore. Want to know who it is? Read on to know the person.

Click NEXT to see the annual compensation of CEOs.

India's highest paid CEOs

Image: N Srinivasan of India Cements.
Photographs: Charlie Crowhurst/Getty Images

N Srinivasan

Rank: 30

Annual Compensation in FY2012- 13: Rs 13.37 crore

Annual Compensation in FY2011- 12: Rs 14.86 crore

N Srinivasan is the vice-chairman and managing director of India Cements.

India's highest paid CEOs

Image: Cipla chairman Y K Hamied.
Photographs: Vivek Prakash/Reuters

Y K Hamied

Rank: 29

Annual Compensation in FY2012- 13: Rs 13.55 crore

Annual Compensation in FY2011- 12: Rs 6.65 crore

Y K Hamied is the chairman (Non- Executive) of Cipla.

Tags: India , Cipla

India's highest paid CEOs

Image: M B Parekh.
Photographs: Courtesy, Pidilite Industries

M B Parekh

Rank: 28

Annual Compensation in FY2012- 13: Rs 13.62 crore

Annual Compensation in FY2011- 12: Rs 10.41 crore

M B Parekh was the chairman and managing director of Pidilite Industries.

India's highest paid CEOs

Image: N V Ramana.
Photographs: Courtesy, Divis Laboratories

N V Ramana

Rank: 27

Annual Compensation in FY2012- 13: Rs 13.71 crore

Annual Compensation in FY2011- 12: Rs 11.89 crore

N V Ramana is the executive director of Divis Laboratories.

India's highest paid CEOs

Image: Braja K Mishra.
Photographs: Courtesy, Welspun Corp

Braja K Mishra

Rank: 26

Annual Compensation in FY2012- 13: Rs 13.80 crore

Annual Compensation in FY2011- 12: NA

Braja K Mishra is the managing director of Welspun Corp.

India's highest paid CEOs

Image: Ramachandra N Galla.
Photographs: Courtesy, Amara Raja Batteries

Ramachandra N Galla

Rank: 25

Annual Compensation in FY2012- 13: Rs 14.09 crore

Annual Compensation in FY2011- 12: Rs 10.40 crore

Ramachandra N Galla is the chairman of Amara Raja Batteries.

India's highest paid CEOs

Image: K Venkataramanan.
Photographs: Courtesy, Larsen & Toubro.

K Venkataramanan

Rank: 24

Annual Compensation in FY2012- 13: Rs 14.28 crore

Annual Compensation in FY2011- 12: Rs 1.59 crore

Navin Agarwal managing director and CEO of Larsen & Toubro.

Tags:

India's highest paid CEOs

Image: Navin Agarwal.
Photographs: Courtesy, Sesa Sterlite

Navin Agarwal

Rank: 23

Annual Compensation in FY2012- 13: Rs 14.88 crore

Annual Compensation in FY2011- 12: Rs 12.51 crore

Navin Agarwal is the executive vice chairman of Sesa Sterlite.

India's highest paid CEOs

Image: Mukesh Ambani
Photographs: Reuters

Mukesh Ambani

Rank: 22

Annual Compensation in FY2012- 13: Rs 15 crore

Annual Compensation in FY2011- 12: Rs 15 crore

Mukesh Ambani is the chairman and managing director of Reliance Industries.

India's highest paid CEOs

Image: Managing Director of Bajaj Auto Rajiv Bajaj speaks during a news conference in New Delhi.
Photographs: Tanushree Punwani/Reuters

Rajiv Bajaj

Rank: 21

Annual Compensation in FY2012- 13: Rs 15.27 crore

Annual Compensation in FY2011- 12: Rs 10.17 crore

Rajiv Bajaj is the managing director of Bajaj Auto.

India's highest paid CEOs

Image: Prathap C Reddy.
Photographs: Asian Business Leadership Forum/Creative Commons

Prathap C Reddy

Rank: 20

Annual Compensation in FY2012- 13: Rs 15.63 crore

Annual Compensation in FY2011- 12: Rs 17.16 crore

Prathap C Reddy is executive chairman of Apollo Hospitals Enterprises.

India's highest paid CEOs

Image: Markand Bhatt.
Photographs: Courtesy, Torrent Power

Markand Bhatt

Rank: 19

Annual Compensation in FY2012- 13: Rs 15.67 crore

Annual Compensation in FY2011- 12: Rs 12.54 crore

Markand Bhatt is the Wholetime director at Torrent Power.

India's highest paid CEOs

Image: Jignesh Shah.
Photographs: Reuters

Jignesh Shah

Rank: 18

Annual Compensation in FY2012- 13: Rs 18.03 crore

Annual Compensation in FY2011- 12: Rs 15.51 crore

Jignesh Shah is the chairman and managing director of Financial Technologies.

India's highest paid CEOs

Image: H M Bangur.
Photographs: Courtesy, Shree Cement

H M Bangur

Rank: 17

Annual Compensation in FY2012- 13: Rs 18.34 crore

Annual Compensation in FY2011- 12: Rs 13.66 crore

H M Bangur is the managing director of Shree Cement.

India's highest paid CEOs

Image: D Bhattacharya.
Photographs: Courtesy, Hindalco

D Bhattacharya

Rank: 16

Annual Compensation in FY2012- 13: Rs 20.61 crore

Annual Compensation in FY2011- 12: Rs 19.50 crore

D Bhattacharya is the managing director of Hindalco.

India's highest paid CEOs

Image: A M Naik.
Photographs: Reuters

A M Naik

Rank: 15

Annual Compensation in FY2012- 13: Rs 21.06 crore

Annual Compensation in FY2011- 12: Rs 2.68 crore

A M Naik is the chairman and managing director of Larsen & Toubro.

Tags:

India's highest paid CEOs

Image: D B Gupta.
Photographs: Earthbillion/Wikimedia Commons

D B Gupta

Rank: 14

Annual Compensation in FY2012- 13: Rs 21.99 crore

Annual Compensation in FY2011- 12: Rs 15 crore

D B Gupta is the chairman of Lupin.

India's highest paid CEOs

Image: Jayadev Galla.
Photographs: Courtesy, Amara Raja Batteries

Jayadev Galla

Rank: 13

Annual Compensation in FY2012- 13: Rs 23.48 crore

Annual Compensation in FY2011- 12: Rs 17.36 crore

Jayadev Galla is the Vice- chairman & managing director of Amara Raja Batteries.

Tags:

India's highest paid CEOs

Image: Onkar S Kanwar.
Photographs: Courtesy, Apollo Tyres

Onkar S Kanwar

Rank: 12

Annual Compensation in FY2012- 13: Rs 24.17 crore

Annual Compensation in FY2011- 12: Rs 13.96 crore

Onkar S Kanwar si the chairman and managing director Apollo Tyres.

India's highest paid CEOs

Image: Sunil Bharti Mittal.
Photographs: Reuters

Sunil Bharti Mittal

Rank: 11

Annual Compensation in FY2012- 13: Rs 24.33 crore

Annual Compensation in FY2011- 12: Rs 21.29 crore

Sunil Bharti Mittal is the executive chairman of Bharti Airtel.

India's highest paid CEOs

Image: Murali K Divi.
Photographs: Courtesy, Divis Laboratories

Murali K Divi

Rank: 10

Annual Compensation in FY2012- 13: Rs 26.46 crore

Annual Compensation in FY2011- 12: Rs 23.15 crore

Murali K Divi is the chairman and managing director of Divis Laboratories.

India's highest paid CEOs

Image: Sajjan Jindal.
Photographs: Reuters

Sajjan Jindal

Rank: 9

Annual Compensation in FY2012- 13: Rs 27.50 crore

Annual Compensation in FY2011- 12: Rs 25.33 core

Sajjan Jindal is the chairman and managing director of JSW Steel.

India's highest paid CEOs

Image: P R Ramasubrahmaneya Rajha.
Photographs: Courtesy, Madras Cement

P R Ramasubrahmaneya Rajha

Rank: 8

Annual Compensation in FY2012- 13: Rs 30.96 crore

Annual Compensation in FY2011- 12: Rs 29.34 crore

P R Ramasubrahmaneya Rajha is the chairman and managing director of Madras Cement.

India's highest paid CEOs

Image: Sunil Kant Munjal.
Photographs: Courtesy, Hero Motocorp

Sunil Kant Munjal

Rank: 7

Annual Compensation in FY2012- 13: Rs 31.51 crore

Annual Compensation in FY2011- 12: Rs 21.14 crore

Sunil Kant Munjal is the Joint managing director of Hero Motocorp.

India's highest paid CEOs

Image: Brijmohan Lall.
Photographs: Courtesy, Hero Motocorp

Brijmohan Lall

Rank: 6

Annual Compensation in FY2012- 13: Rs 32.73 crore

Annual Compensation in FY2011- 12: Rs 34.44 crore

Brijmohan Lall is the Chairman of Hero Motocorp.

India's highest paid CEOs

Image: Pawan Kant Munjal.
Photographs: Courtesy, Hero Motocorp

Pawan Kant Munjal

Rank: 6

Annual Compensation in FY2012- 13: Rs 32.80 crore

Annual Compensation in FY2011- 12: Rs 34.47 crore

Pawan Kant Munjal is managing director and CEO of Hero Motocorp.

India's highest paid CEOs

Image: Kumar Mangalam Birla.
Photographs: Reuters

Kumar Mangalam Birla*

Rank: 4

Annual Compensation in FY2012- 13: Rs 49.62 crore

Annual Compensation in FY2011- 12: Rs 47.11 crore

Kumar Mangalam Birla is the Chairman of Grasim Industries.

(*Include salary from Ultratech, Hindalco, Aditya Birla Nuvo)

India's highest paid CEOs

Image: Naveen Jindal.
Photographs: Reuters

Naveen Jindal

Rank: 3

Annual Compensation in FY2012- 13: Rs 54.98 crore

Annual Compensation in FY2011- 12: Rs 73.42 crore

Naveen Jindal is the managing director of Jindal Steel & Power.

Tags:

India's highest paid CEOs

Image: Kavery Kalanithi.
Photographs: Courtesy, Bombardier

Kavery Kalanithi

Rank: 2

Annual Compensation in FY2012- 13: Rs 56.24 crore

Annual Compensation in FY2011- 12: Rs 57.01 crore

Kavery Kalanithi is the executive director of Sun TV Network.

India's highest paid CEOs

Image: Kalanithi Maran.
Photographs: Courtesy, Bombardier

Kalanithi Maran

Rank: 1

Annual Compensation in FY2012- 13: Rs 56.25 crore

Annual Compensation in FY2011- 12: Rs 57.01 crore

Kalanithi Maran is the executive chairman of Sun TV Network.