Triton Valves Management

Management criteria checks 2/4

Triton Valves' CEO is Aditya Gokarn, appointed in Jan 2013, has a tenure of 11.33 years. total yearly compensation is ₹12.32M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 4.8% of the company’s shares, worth ₹148.88M. The average tenure of the management team and the board of directors is 3.2 years and 7.3 years respectively.

Key information

Aditya Gokarn

Chief executive officer

₹12.3m

Total compensation

CEO salary percentage	100.0%
CEO tenure	11.3yrs
CEO ownership	4.8%
Management average tenure	3.2yrs
Board average tenure	7.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Aditya Gokarn's remuneration changed compared to Triton Valves's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-₹6m
Sep 30 2023	n/a	n/a	-₹60m
Jun 30 2023	n/a	n/a	-₹88m
Mar 31 2023	₹12m	₹12m	-₹87m
Dec 31 2022	n/a	n/a	-₹57m
Sep 30 2022	n/a	n/a	-₹4m
Jun 30 2022	n/a	n/a	-₹15m
Mar 31 2022	₹11m	₹11m	-₹29m
Dec 31 2021	n/a	n/a	₹2m
Sep 30 2021	n/a	n/a	₹22m
Jun 30 2021	n/a	n/a	₹95m
Mar 31 2021	₹10m	₹10m	₹78m
Dec 31 2020	n/a	n/a	₹54m
Sep 30 2020	n/a	n/a	₹44m
Jun 30 2020	n/a	n/a	₹17m
Mar 31 2020	₹12m	₹12m	₹54m
Dec 31 2019	n/a	n/a	₹66m
Sep 30 2019	n/a	n/a	₹60m
Jun 30 2019	n/a	n/a	₹41m
Mar 31 2019	₹12m	₹12m	₹35m
Dec 31 2018	n/a	n/a	₹23m
Sep 30 2018	n/a	n/a	₹24m
Jun 30 2018	n/a	n/a	₹58m
Mar 31 2018	₹9m	₹9m	₹65m

Compensation vs Market: Aditya's total compensation ($USD147.64K) is above average for companies of similar size in the Indian market ($USD39.29K).

Compensation vs Earnings: Aditya's compensation has increased whilst the company is unprofitable.

CEO

Aditya Gokarn (43 yo)

11.3yrs

Tenure

₹12,317,000

Compensation

Mr. Aditya Maruti Gokarn, B.E.(Mech), has been the Managing Director and Executive Director at Triton Valves Limited since January 31, 2013 and since June 20, 2005 respectively. Mr. Gokarn is expertise in...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Aditya Gokarn	MD & Executive Director	11.3yrs	₹12.32m	4.8% ₹ 148.9m
Naresh Varadarajan	Chief Financial Officer	2.3yrs	₹6.00m	no data
Koothanda Appaiah	COO & Whole-Time Director	4.2yrs	₹9.32m	no data
Bibhuti Mishra	Company Secretary & Compliance Officer	less than a year	no data	no data

3.2yrs

Average Tenure

Experienced Management: 505978's management team is considered experienced (3.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Aditya Gokarn	MD & Executive Director	18.9yrs	₹12.32m	4.8% ₹ 148.9m
Koothanda Appaiah	COO & Whole-Time Director	1.2yrs	₹9.32m	no data
Prashanth Nayak	Non-Executive Independent Director	6yrs	₹458.00k	no data
Anuradha Gokarn	Non-Executive Non Independent Director	37.8yrs	₹368.00k	31.03% ₹ 962.3m
Shrikant Welling	Non-Executive Independent Chairman	8.6yrs	₹558.00k	0.13% ₹ 3.9m
Shrihari Udupa	Independent Non-Executive Director	2.8yrs	₹363.00k	no data

7.3yrs

Average Tenure

77yo

Average Age

Experienced Board: 505978's board of directors are considered experienced (7.3 years average tenure).

Triton Valves Management

Management criteria checks 2/4

Key information

Recent management updates

Triton Valves Limited Appoints Bibhuti Bhusan Mishra, as the Company Secretary and the Compliance Officer

Triton Valves Limited Announces Resignation of Vishwa Hegde as Company Secretary and Compliance Officer, Effective December 31, 2023

Triton Valves Limited, Annual General Meeting, Sep 29, 2023

Triton Valves Limited Announces Appointment of Mr. Vishwa Hegde as Company Secretary and Compliance Officer

Triton Valves Limited Announces Retirement of Mr. Bhaskar Ramachandra Pai, as Independent Director

Triton Valves Limited Announces Resignation of Tamhant Jain as Independent Director

Recent updates

New minor risk - Shareholder dilution

Triton Valves Limited announced that it has received INR 291.885 million in funding from Dhoot Industrial Finance Limited, Penang Enterprises Private Limited

Third quarter 2024 earnings released: EPS: ₹6.67 (vs ₹45.63 loss in 3Q 2023)

Triton Valves Limited Appoints Bibhuti Bhusan Mishra, as the Company Secretary and the Compliance Officer

New minor risk - Share price stability

Triton Valves Limited to Report Q3, 2024 Results on Feb 07, 2024

Now 22% undervalued

Now 21% undervalued

Second quarter 2024 earnings released: EPS: ₹5.91 (vs ₹20.65 loss in 2Q 2023)

Triton Valves Limited to Report First Half, 2024 Results on Nov 09, 2023

Triton Valves Limited Announces Resignation of Vishwa Hegde as Company Secretary and Compliance Officer, Effective December 31, 2023

New major risk - Share price stability

Triton Valves Limited, Annual General Meeting, Sep 29, 2023

First quarter 2024 earnings released: EPS: ₹5.60 (vs ₹6.71 in 1Q 2023)

Triton Valves Limited to Report Q1, 2024 Results on Aug 12, 2023

New minor risk - Share price stability

New minor risk - Dividend sustainability

Triton Valves Limited Announces Appointment of Mr. Vishwa Hegde as Company Secretary and Compliance Officer

Full year 2023 earnings released: ₹83.27 loss per share (vs ₹28.26 loss in FY 2022)

Triton Valves Limited to Report Q4, 2023 Results on May 30, 2023

Third quarter 2023 earnings released: ₹45.63 loss per share (vs ₹5.61 profit in 3Q 2022)

Triton Valves Limited to Report Q3, 2023 Results on Feb 14, 2023

Triton Valves Limited to Report Q2, 2023 Results on Nov 11, 2022

Triton Valves Limited Approves Dividend for the Financial Year Ended March 31, 2022

Upcoming dividend of ₹5.00 per share

Triton Valves Limited Proposes Dividend for the Financial Year Ended March 31, 2022

Triton Valves Limited Proposes Dividend for the Financial Year Ended March 31, 2022

First quarter 2023 earnings released: EPS: ₹6.71 (vs ₹7.54 loss in 1Q 2022)

Triton Valves Limited to Report Q1, 2023 Results on Aug 13, 2022

Triton Valves Limited Announces Retirement of Mr. Bhaskar Ramachandra Pai, as Independent Director

Full year 2022 earnings released: ₹28.36 loss per share (vs ₹75.75 profit in FY 2021)

Triton Valves Limited Recommends the Final Dividend

Triton Valves Limited to Report Fiscal Year 2022 Results on May 30, 2022

Triton Valves Limited Announces Resignation of Tamhant Jain as Independent Director

Insufficient new directors

Triton Valves Limited Approves Appointment of Naresh Varadarajan as Chief Financial Officer

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Triton Valves Limited Approves Appointment of Naresh Varadarajan as Chief Financial Officer

Triton Valves Limited to Report Q3, 2022 Results on Feb 11, 2022

Investor sentiment improved over the past week

Chief Financial Officer Srikanth Shenoy has left the company

Second quarter 2022 earnings released: ₹31.61 loss per share (vs ₹39.26 profit in 2Q 2021)

Upcoming dividend of ₹20.00 per share

First quarter 2022 earnings released: ₹7.64 loss per share (vs ₹24.29 loss in 1Q 2021)

Full year 2021 earnings released: EPS ₹75.74 (vs ₹54.93 in FY 2020)

Investor sentiment improved over the past week

New 90-day low: ₹989

Triton Valves Limited to Report Q3, 2021 Results on Feb 12, 2021

Market bids up stock over the past week

New 90-day high: ₹822

First quarter earnings released

Triton Valves Limited to Report Q1, 2021 Results on Aug 20, 2020

New 90-day high - ₹812

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age