Sundram Fasteners Management

Management criteria checks 2/4

Sundram Fasteners' CEO is Arathi Krishna, appointed in May 2006, has a tenure of 18.5 years. total yearly compensation is ₹75.72M, comprised of 12.5% salary and 87.5% bonuses, including company stock and options. directly owns 0.022% of the company’s shares, worth ₹55.91M. The average tenure of the management team and the board of directors is 4.5 years and 7.2 years respectively.

Key information

Arathi Krishna

Chief executive officer

₹75.7m

Total compensation

CEO salary percentage	12.5%
CEO tenure	18.5yrs
CEO ownership	0.02%
Management average tenure	4.5yrs
Board average tenure	7.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Arathi Krishna's remuneration changed compared to Sundram Fasteners's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	₹5b
Jun 30 2024	n/a	n/a	₹5b
Mar 31 2024	₹76m	₹9m	₹5b
Dec 31 2023	n/a	n/a	₹5b
Sep 30 2023	n/a	n/a	₹5b
Jun 30 2023	n/a	n/a	₹5b
Mar 31 2023	₹47m	₹9m	₹5b
Dec 31 2022	n/a	n/a	₹5b
Sep 30 2022	n/a	n/a	₹5b
Jun 30 2022	n/a	n/a	₹5b
Mar 31 2022	₹45m	₹9m	₹5b
Dec 31 2021	n/a	n/a	₹5b
Sep 30 2021	n/a	n/a	₹5b
Jun 30 2021	n/a	n/a	₹5b
Mar 31 2021	₹13m	₹9m	₹4b
Dec 31 2020	n/a	n/a	₹3b
Sep 30 2020	n/a	n/a	₹2b
Jun 30 2020	n/a	n/a	₹2b
Mar 31 2020	₹36m	₹9m	₹3b
Dec 31 2019	n/a	n/a	₹4b
Sep 30 2019	n/a	n/a	₹4b
Jun 30 2019	n/a	n/a	₹4b
Mar 31 2019	₹183m	₹9m	₹5b
Mar 31 2018	₹135m	₹9m	₹4b

Compensation vs Market: Arathi's total compensation ($USD896.92K) is above average for companies of similar size in the Indian market ($USD610.02K).

Compensation vs Earnings: Arathi's compensation has increased by more than 20% in the past year.

CEO

Arathi Krishna (56 yo)

18.5yrs

Tenure

₹75,721,000

Compensation

Ms. Arathi Krishna has been a Managing Director of Sundram Fasteners Limited since April 20, 2018. She has been an Executive Director of Sundram Fasteners since May 3, 2006. Ms. Krishna is a Gold Medallist...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Arathi Krishna	MD & Executive Director	18.5yrs	₹75.72m	0.022% ₹ 55.9m
Arundathi Krishna	Joint MD & Director	6.6yrs	₹73.40m	0.025% ₹ 61.6m
R. Kumar	Chief Financial Officer	2.3yrs	₹7.25m	no data
Gopalakrishnan Babu	Senior Manager of Finance	2.3yrs	no data	no data
A. Narasimhan	Deputy General Manager of Marketing	no data	no data	no data

4.5yrs

Average Tenure

Experienced Management: 500403's management team is considered experienced (4.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Arathi Krishna	MD & Executive Director	18.5yrs	₹75.72m	0.022% ₹ 55.9m
Arundathi Krishna	Joint MD & Director	16.2yrs	₹73.40m	0.025% ₹ 61.6m
Suresh Krishna	Non-Executive Non-Independent Chairman	no data	₹2.74m	0.020% ₹ 50.4m
Heramb Hajarnavis	Non-Executive Independent Director	7.2yrs	₹1.30m	no data
Preethi Krishna	Non-Executive Non-Independent Director	7.3yrs	₹1.31m	no data
Mahalingam Seturaman	Non Executive Independent Director	6.8yrs	₹1.39m	no data
R. Vijayaraghavan	Non-Executive Independent Director	less than a year	no data	no data
Nirmala Lakshman	Non Executive Independent Director	6.2yrs	₹1.33m	no data

7.2yrs

Average Tenure

58yo

Average Age

Experienced Board: 500403's board of directors are considered experienced (7.2 years average tenure).

Sundram Fasteners Management

Management criteria checks 2/4

Key information

Recent management updates

Sundram Fasteners Limited Approves the Appointment of Sri R Vijayaraghavan as A Non-Executive Independent Director

Sundram Fasteners Limited Announces Retirement of B Muthuraman as Non-Executive Independent Director

Sundram Fasteners Limited, Annual General Meeting, Aug 09, 2024

Sundram Fasteners Limited, Annual General Meeting, Jun 29, 2023

Insufficient new directors

Insufficient new directors

Recent updates

First half dividend increased to ₹3.00

Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind

Sundram Fasteners Limited Approves Interim Dividend for the Financial Year Ending March 31, 2025, Payable on December 3, 2024

Sundram Fasteners Limited Approves the Appointment of Sri R Vijayaraghavan as A Non-Executive Independent Director

Sundram Fasteners Limited to Report Q2, 2025 Results on Nov 05, 2024

Sundram Fasteners Limited Announces Retirement of B Muthuraman as Non-Executive Independent Director

Sundram Fasteners Limited to Report Q1, 2025 Results on Jul 31, 2024

Full year 2024 earnings: EPS and revenues miss analyst expectations

Upcoming dividend of ₹4.17 per share

Sundram Fasteners Limited, Annual General Meeting, Aug 09, 2024

Full year 2024 earnings: EPS and revenues miss analyst expectations

Sundram Fasteners Limited to Report Fiscal Year 2024 Results on May 22, 2024

Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Sundram Fasteners Limited to Report Q3, 2024 Results on Feb 02, 2024

Price target increased by 11% to ₹1,439

Upcoming dividend of ₹2.68 per share at 0.4% yield

Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Sundram Fasteners Limited to Report Q2, 2024 Results on Nov 03, 2023

Price target increased by 8.4% to ₹1,271

First quarter 2024 earnings released: EPS: ₹6.07 (vs ₹6.47 in 1Q 2023)

Full year 2023 earnings released: EPS: ₹23.54 (vs ₹21.74 in FY 2022)

Upcoming dividend of ₹3.06 per share at 0.6% yield

Full year 2023 earnings released: EPS: ₹23.54 (vs ₹21.74 in FY 2022)

Sundram Fasteners Limited Approves Second Interim Dividend for the Financial Year Ended March 31, 2023, Payable on June 01, 2023

Sundram Fasteners Limited, Annual General Meeting, Jun 29, 2023

Third quarter 2023 earnings released: EPS: ₹5.57 (vs ₹5.15 in 3Q 2022)

Sundram Fasteners Limited to Report Q3, 2023 Results on Feb 01, 2023

Sundram Fasteners Limited Approves Special Dividend for the Financial Year Ending March 31, 2023, Payable on November 30, 2022

Insufficient new directors

Sundram Fasteners Limited Approves Interim Dividend for the Financial Year Ending March 31, 2023

Second quarter 2023 earnings released: EPS: ₹5.49 (vs ₹5.83 in 2Q 2022)

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Sundram Fasteners Limited to Report Q1, 2023 Results on Jul 29, 2022

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Insufficient new directors

Sundram Fasteners Limited Announces Executive Changes, Effective on July 1, 2022

Sundram Fasteners Limited to Report Q4, 2022 Results on Apr 22, 2022

Upcoming dividend of ₹6.45 per share

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Second quarter 2022 earnings released: EPS ₹5.83 (vs ₹4.87 in 2Q 2021)

Independent Non-Executive Director Rangarajan Srinivasan has left the company

Independent Non-Executive Director Rangarajan Srinivasan has left the company

Investor sentiment improved over the past week

Price target increased to ₹874

First quarter 2022 earnings released: EPS ₹5.69 (vs ₹1.27 loss in 1Q 2021)

Full year 2021 earnings released: EPS ₹17.09 (vs ₹15.46 in FY 2020)

Upcoming dividend of ₹3.40 per share

Sundram Fasteners Limited Approves Second Interim Dividend for the Financial Year Ended March 31, 2021, Payable on May 28, 2021

Full year 2021 earnings released: EPS ₹17.10 (vs ₹15.46 in FY 2020)

New 90-day high: ₹721

Third quarter 2021 earnings released: EPS ₹6.79 (vs ₹4.96 in 3Q 2020)

New 90-day high: ₹590

Sundram Fasteners Limited to Report Q3, 2021 Results on Feb 04, 2021

New 90-day high: ₹558

New 90-day high: ₹480

Second quarter 2021 earnings released: EPS ₹4.87

Sundram Fasteners Limited to Report Q2, 2021 Results on Nov 04, 2020

New 90-day high - ₹475

Price target raised to ₹434

Earnings released

New 90-day high - ₹431

Sundram Fasteners Limited to Report Q1, 2021 Results on Aug 12, 2020

New 90-day high - ₹400

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure