Tata Sons chair N Chandrasekaran’s FY26 remuneration rises to Rs 158.66 crore

Tata Sons Executive Chairman N Chandrasekaran received total remuneration of Rs 158.66 crore in FY26, marking a marginal increase from Rs 155.81 crore in the previous financial year and reinforcing his position among India's highest-paid corporate executives, according to the company's latest annual report.The FY26 payout is the highest remuneration Chandrasekaran has received since Tata Sons began disclosing executive compensation in FY22. Over the last five financial years, his cumulative earnings from the company have reached Rs 671.4 crore.Also read: ET Exclusive: Tata Sons reported a 22% increase in annual profit for the year ended March 26His remuneration for FY26 comprised Rs 17.97 crore in salary and other benefits, up 18% from Rs 15.12 crore in FY25, along with a profit-linked commission of Rs 140.69 crore, unchanged from the previous year.Commission remains the biggest component of payWhile Chandrasekaran's fixed salary has steadily increased over the past five years, commissions continue to account for the largest share of his earnings, reflecting Tata Sons' profitability.His commission rose from Rs 94 crore in FY22 to Rs 100 crore in FY23, Rs 121.5 crore in FY24, before increasing to Rs 140.69 crore in FY25, where it remained in FY26.Salary and other benefits have also risen consistently over the period, climbing from Rs 14.61 crore in FY22 to Rs 13 crore in FY23, Rs 13.82 crore in FY24, Rs 15.12 crore in FY25, and Rs 17.97 crore in FY26.The latest remuneration places Chandrasekaran among the country's best-paid corporate leaders. For comparison, HCLTech Chief Executive C Vijayakumar received Rs 176 crore in FY26, while Persistent Systems CEO Sandeep Kalra earned Rs 148 crore in FY25. Hero MotoCorp Executive Chairman Pawan Munjal received Rs 122 crore in FY26, the highest remuneration among executives at Indian automobile companies.Also read: Titan says Noel Tata to retire as vice-chairman in November 2026AGM due next month; Tata Group posts strong FY26 performanceChandrasekaran is scheduled to retire by rotation at Tata Sons' annual general meeting on August 18 and will seek shareholders' approval to continue as a director. His current five-year term as Chairman runs until February 2027.The annual report also showed that Chief Financial Officer and Executive Director Saurabh Agrawal was the company's second-highest-paid executive in FY26, receiving Rs 33.69 crore, including Rs 26 crore in commission.The remaining seven directors did not receive remuneration apart from sitting fees. Director Venu Srinivasan continued his practice of foregoing commission from the company.At the group level, Tata Group reported a 7.8% increase in revenue to Rs 16,24,030 crore in FY26, while net profit jumped 51.9% to Rs 1,70,525 crore. According to Chandrasekaran's message in the annual report, the group's revenue is now 2.1 times its FY20 level, while profits have grown to 5.4 times those recorded in FY20.Separately, Tata Sons posted a 22% rise in profit to Rs 32,000 crore and a 9% increase in revenue to Rs 42,000 crore during FY26.Its board has also recommended a dividend of Rs 1,10,717 per share, up from Rs 64,900 a year earlier. If approved by shareholders, the payout would result in a cash outflow of Rs 4,474.58 crore, compared with Rs 2,622.91 crore in the previous year.

New Delhi, July 28, 2026: Tata Sons Executive Chairman N Chandrasekaran received total remuneration of Rs 158.66 crore in the year ended March 31, 2026, up from Rs 155.81 crore a year earlier, according to the holding company's annual report.The compensation is the highest that Chandrasekaran has received since Tata Sons began disclosing executive remuneration in fiscal 2022. Over the past five years, he has earned a cumulative Rs 671.4 crore.Remuneration BreakdownHis FY26 remuneration comprised salary and other benefits of Rs 17.97 crore, up 18 per cent from Rs 15.12 crore in the previous fiscal, and a profit-linked commission of Rs 140.69 crore, unchanged from FY25.While his fixed pay has risen over the past five years, the bulk of Chandrasekaran's remuneration has come from commissions, which have increased alongside Tata Sons' profitability.His commission rose from Rs 94 crore in FY22 to Rs 100 crore in FY23 and Rs 121.5 crore in FY24 before increasing to Rs 140.69 crore in FY25, where it remained in FY26.While the commission remained unchanged from the previous year, the salary and other benefits were up from Rs 15.12 crore in FY25. The FY25 salary and other benefits were higher than the Rs 13.82 crore earned in FY24 and Rs 13 crore in FY23. This stood at Rs 14.61 crore in FY22.The remuneration places Chandrasekaran among India's highest-paid corporate executives.HCLTech Chief Executive C Vijayakumar received Rs 176 crore in FY26, while Persistent Systems CEO Sandeep Kalra earned Rs 148 crore in FY25. Hero MotoCorp Executive Chairman Pawan Munjal received Rs 122 crore in FY26, the highest remuneration among Indian auto company executives.Shareholder Approval DueChandrasekaran is due to face shareholders at Tata Sons' annual general meeting on August 18, where he will retire by rotation and seek approval to continue as a director. His current five-year term as Chairman runs until February 2027.Chief Financial Officer and Executive Director Saurabh Agrawal was the second-highest-paid executive at Tata Sons, receiving Rs 33.69 crore in FY26, including Rs 26 crore in commission.The remaining seven board members did not receive remuneration apart from sitting fees. Director Venu Srinivasan continued to forgo commission from the company, in line with his practice since joining the Tata Sons board, the annual report said.Group Financial PerformanceAt the aggregate level, the revenue of the Tata Group grew by 7.8 per cent to Rs 16,24,030 crore in FY26, while net profits grew 51.9 per cent to Rs 1,70,525 crore. Revenue is 2.1 times, and profits are 5.4 times, their FY20 levels, Chandrasekaran said in the latest annual report.Tata Sons, which holds between 25 per cent and 73 per cent in various listed companies of the conglomerate, saw profit rise 22 per cent to Rs 32,000 crore, while revenue was up 9 per cent at Rs 42,000 crore.Also Watch: Tata Sons, SP Group Discuss Share Swap Plan To Resolve Stake DisputeIts board of directors has recommended a dividend of Rs 1,10,717 (previous year: Rs 64,900) per share. The dividend, if approved by the shareholders, would involve a cash outflow of Rs 4,474.58 crore (previous year: Rs 2,622.91 crore).(Disclaimer: Except for the headline, this article has not been edited by FPJ's editorial team and is auto-generated from an agency feed.)