Apollo Tyres Limited

BSE:500877 Stock Report

Market Cap: ₹338.4b

Apollo Tyres Management

Management criteria checks 2/4

Apollo Tyres' CEO is Neeraj Kanwar, appointed in Jan 2023, has a tenure of 1.92 years. total yearly compensation is ₹642.82M, comprised of 6.1% salary and 93.9% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth ₹357.74M. The average tenure of the management team and the board of directors is 9.1 years and 4.4 years respectively.

Key information

Neeraj Kanwar

Chief executive officer

₹642.8m

Total compensation

CEO salary percentage6.1%
CEO tenure1.9yrs
CEO ownership0.1%
Management average tenure9.1yrs
Board average tenure4.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Neeraj Kanwar's remuneration changed compared to Apollo Tyres's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹15b

Jun 30 2024n/an/a

₹16b

Mar 31 2024₹643m₹39m

₹17b

Dec 31 2023n/an/a

₹18b

Sep 30 2023n/an/a

₹16b

Jun 30 2023n/an/a

₹13b

Mar 31 2023₹284m₹39m

₹10b

Dec 31 2022n/an/a

₹8b

Sep 30 2022n/an/a

₹7b

Jun 30 2022n/an/a

₹7b

Mar 31 2022₹123m₹39m

₹6b

Dec 31 2021n/an/a

₹8b

Sep 30 2021n/an/a

₹10b

Jun 30 2021n/an/a

₹6b

Mar 31 2021₹368m₹39m

₹4b

Dec 31 2020n/an/a

₹1b

Sep 30 2020n/an/a

₹3b

Jun 30 2020n/an/a

₹2b

Mar 31 2020₹203m₹39m

₹5b

Dec 31 2019n/an/a

₹5b

Sep 30 2019n/an/a

₹5b

Jun 30 2019n/an/a

₹6b

Mar 31 2019₹352m₹42m

₹7b

Dec 31 2018n/an/a

₹8b

Sep 30 2018n/an/a

₹9b

Jun 30 2018n/an/a

₹9b

Mar 31 2018₹446m₹43m

₹7b

Compensation vs Market: Neeraj's total compensation ($USD7.57M) is above average for companies of similar size in the Indian market ($USD590.13K).

Compensation vs Earnings: Neeraj's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Neeraj Kanwar (53 yo)

1.9yrs

Tenure

₹642,820,000

Compensation

Mr. Neeraj Singh Kanwar, BSc, ACMS, has been the Managing Director of Apollo Tyres Ltd., since 2009 and serves as its Member of Management Board. Mr. Kanwar serves as Non-Executive & Non-Independent Direct...

Leadership Team

NamePositionTenureCompensationOwnership
Onkar Kanwar
Chairman & Member of Management Board42.5yrs₹6.26m0.016%
₹ 53.3m
Neeraj Kanwar
Vice Chairman1.9yrs₹642.82m0.11%
₹ 357.7m
Sunam Sarkar
Chief Business Officerno data₹6.38mno data
Francesco Gori
Advisor of Strategy9.1yrs₹6.20mno data
Gaurav Kumar
CFO & Whole Time Director9.6yrs₹89.46mno data
Markus Korsten
Chief Manufacturing Officer & Member of Management Boardno datano datano data
Daniele Lorenzetti
Chief Technology Officer & Member of Management Board8.2yrsno datano data
Harish Bahadur
Head of Corporate Investmentsno data₹8.83mno data
Seema Thapar
Compliance Officer & Company Secretary9.7yrs₹10.21mno data
Ruchika Verma
Group Head of Corporate HRno datano datano data
Kannan Prabhakar
Chief Manufacturing Officerno data₹48.66mno data
Anil Chopra
Group Head of CoEno data₹8.00mno data

9.1yrs

Average Tenure

68yo

Average Age

Experienced Management: 500877's management team is seasoned and experienced (9.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Onkar Kanwar
Chairman & Member of Management Board42.5yrs₹6.26m0.016%
₹ 53.3m
Neeraj Kanwar
Vice Chairman25.6yrs₹642.82m0.11%
₹ 357.7m
Sunam Sarkar
Chief Business Officer20.9yrs₹6.38mno data
Francesco Gori
Advisor of Strategy8.8yrs₹6.20mno data
Gaurav Kumar
CFO & Whole Time Directorless than a year₹89.46mno data
Vishal Mahadevia
Non-Executive Non-Independent Director4.3yrsno datano data
Vinod Rai
Non-Executive Independent Director8.8yrs₹6.46mno data
Berjis Desai
Independent Directorless than a yearno datano data
Jaimini Bhagwati
Independent Director1.8yrs₹6.14mno data
Francesco Crispino
Independent Director4.4yrsno datano data
Lakshmi Puri
Independent Director3.2yrs₹6.15mno data
Sumit Dayal
Independent Directorless than a yearno datano data

4.4yrs

Average Tenure

64yo

Average Age

Experienced Board: 500877's board of directors are considered experienced (4.4 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/17 02:00
End of Day Share Price 2024/12/17 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Apollo Tyres Limited is covered by 69 analysts. 27 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Basudeb BanerjeeAmbit Capital
Nitin BhasinAmbit Capital
Mumuksh MandleshaAnand Rathi Shares and Stock Brokers Limited