ZF Steering Gear (India) Limited

BSE:505163 Stock Report

Market Cap: ₹13.8b

ZF Steering Gear (India) Management

Management criteria checks 3/4

ZF Steering Gear (India)'s CEO is Utkarsh Munot, appointed in May 2016, has a tenure of 8.67 years. total yearly compensation is ₹45.10M, comprised of 52.8% salary and 47.2% bonuses, including company stock and options. directly owns 28.56% of the company’s shares, worth ₹3.94B. The average tenure of the management team and the board of directors is 8.7 years and 10.1 years respectively.

Key information

Utkarsh Munot

Chief executive officer

₹45.1m

Total compensation

CEO salary percentage52.8%
CEO tenure8.7yrs
CEO ownership28.6%
Management average tenure8.7yrs
Board average tenure10.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Utkarsh Munot's remuneration changed compared to ZF Steering Gear (India)'s earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹314m

Jun 30 2024n/an/a

₹375m

Mar 31 2024₹45m₹24m

₹437m

Dec 31 2023n/an/a

₹455m

Sep 30 2023n/an/a

₹385m

Jun 30 2023n/an/a

₹318m

Mar 31 2023₹40m₹21m

₹245m

Dec 31 2022n/an/a

₹175m

Sep 30 2022n/an/a

₹190m

Jun 30 2022n/an/a

₹193m

Mar 31 2022₹35m₹18m

₹183m

Dec 31 2021n/an/a

₹207m

Sep 30 2021n/an/a

₹212m

Jun 30 2021n/an/a

₹145m

Mar 31 2021₹31m₹17m

₹89m

Dec 31 2020n/an/a

-₹34m

Sep 30 2020n/an/a

-₹109m

Jun 30 2020n/an/a

-₹60m

Mar 31 2020₹29m₹28m

-₹3m

Mar 31 2019₹21m₹20m

₹439m

Mar 31 2018₹15m₹13m

₹432m

Compensation vs Market: Utkarsh's total compensation ($USD526.00K) is above average for companies of similar size in the Indian market ($USD174.99K).

Compensation vs Earnings: Utkarsh's compensation has been consistent with company performance over the past year.

CEO

Utkarsh Munot (44 yo)

8.7yrs

Tenure

₹45,100,000

Compensation

Mr. Utkarsh Dineshchand Munot serves as Managing Director at ZF Steering Gear (India) Ltd since August 1, 2019 and served as its Chief Executive Officer since May 19, 2016 until August 1, 2019. Mr. Munot s...

Leadership Team

NamePositionTenureCompensationOwnership
Dineshchand Munot
Chairman & Whole-Time Director38.2yrs₹65.30m24.37%
₹ 3.4b
Utkarsh Munot
MD & Executive Director8.7yrs₹45.10m28.56%
₹ 3.9b
Jinendra Jain
Chief Financial Officerno data₹3.30mno data
Aniket Kadam
Deputy CFO & Head of Accounts1.4yrsno datano data
Sachin Gugale
Chief Information Officerno datano datano data
Satish Mehta
Deputy GM of Financeno data₹1.80mno data
Anant Kalvit
President of Business Development & Designno datano datano data
Ajit Gugale
President of Worksno datano datano data

8.7yrs

Average Tenure

44yo

Average Age

Experienced Management: 505163's management team is seasoned and experienced (8.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Dineshchand Munot
Chairman & Whole-Time Director38.2yrs₹65.30m24.37%
₹ 3.4b
Utkarsh Munot
MD & Executive Director18.3yrs₹45.10m28.56%
₹ 3.9b
Dinesh Keshrichand Bothra
Non-Executive Non-Independent Directorless than a year₹50.00k1.29%
₹ 178.2m
Shridhar Kalmadi
Non-Executive Independent Director15.7yrs₹260.00kno data
Smita Lahoti
Independent Non-Executive Director4.6yrs₹430.00kno data
Rohit Rathi
Non-Executive Non-Independent Directorless than a yearno datano data

10.1yrs

Average Tenure

57yo

Average Age

Experienced Board: 505163's board of directors are seasoned and experienced ( 10.1 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 09:16
End of Day Share Price 2025/01/02 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

ZF Steering Gear (India) Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Vijay MadunalaFirstCall Research