ZF Steering Gear (India) Limited

BSE:505163 Stock Report

Market Cap: ₹10.1b

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 7.92 years. total yearly compensation is ₹39.60M, comprised of 52.3% salary and 47.7% bonuses, including company stock and options. directly owns 28.56% of the company’s shares, worth ₹2.88B. The average tenure of the management team and the board of directors is 7.9 years and 14.9 years respectively.

Key information

Utkarsh Munot

Chief executive officer

₹39.6m

Total compensation

CEO salary percentage52.3%
CEO tenure7.9yrs
CEO ownership28.6%
Management average tenure7.9yrs
Board average tenure14.9yrs

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
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 ($USD474.72K) is above average for companies of similar size in the Indian market ($USD39.24K).

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


CEO

Utkarsh Munot (43 yo)

7.9yrs

Tenure

₹39,600,000

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 Director37.4yrs₹57.50m24.37%
₹ 2.5b
Utkarsh Munot
MD & Executive Director7.9yrs₹39.60m28.56%
₹ 2.9b
Jinendra Jain
Chief Financial Officerno data₹3.30mno data
Rathina Singaravelan
Vice President of Operationsno datano datano data
Aniket Kadam
Deputy CFO & Head of Accountsless than a yearno 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 Commercial & Supply Chainno datano datano data

7.9yrs

Average Tenure

43yo

Average Age

Experienced Management: 505163's management team is seasoned and experienced (7.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Dineshchand Munot
Chairman & Whole-Time Director37.4yrs₹57.50m24.37%
₹ 2.5b
Utkarsh Munot
MD & Executive Director17.5yrs₹39.60m28.56%
₹ 2.9b
Satish Gundecha
Non-Executive Independent Director9yrs₹580.00k0.014%
₹ 1.4m
Shridhar Kalmadi
Non-Executive Independent Director14.9yrs₹310.00kno data
Smita Lahoti
Additional Independent Non-Executive Director3.8yrs₹520.00kno data

14.9yrs

Average Tenure

69yo

Average Age

Experienced Board: 505163's board of directors are seasoned and experienced ( 14.9 years average tenure).


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