Omax Autos Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Jatender Mehta

Chief executive officer

₹27.6m

Total compensation

CEO salary percentage	100.0%
CEO tenure	8yrs
CEO ownership	12.1%
Management average tenure	5.7yrs
Board average tenure	5.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jatender Mehta's remuneration changed compared to Omax Autos's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	₹20m
Sep 30 2023	n/a	n/a	-₹3m
Jun 30 2023	n/a	n/a	-₹205m
Mar 31 2023	₹28m	₹28m	-₹243m
Dec 31 2022	n/a	n/a	₹119m
Sep 30 2022	n/a	n/a	₹43m
Jun 30 2022	n/a	n/a	₹247m
Mar 31 2022	₹27m	₹27m	₹235m
Dec 31 2021	n/a	n/a	₹11m
Sep 30 2021	n/a	n/a	-₹24m
Jun 30 2021	n/a	n/a	-₹53m
Mar 31 2021	₹13m	₹12m	-₹101m
Dec 31 2020	n/a	n/a	-₹275m
Sep 30 2020	n/a	n/a	-₹165m
Jun 30 2020	n/a	n/a	₹37m
Mar 31 2020	₹25m	₹23m	₹436m
Dec 31 2019	n/a	n/a	₹401m
Sep 30 2019	n/a	n/a	₹442m
Jun 30 2019	n/a	n/a	₹289m
Mar 31 2019	₹16m	₹15m	₹4m
Dec 31 2018	n/a	n/a	₹138m
Sep 30 2018	n/a	n/a	₹247m
Jun 30 2018	n/a	n/a	₹295m
Mar 31 2018	₹13m	₹12m	₹77m

Compensation vs Market: Jatender's total compensation ($USD330.58K) is above average for companies of similar size in the Indian market ($USD39.30K).

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

CEO

Jatender Mehta (74 yo)

8yrs

Tenure

₹27,594,000

Compensation

Mr. Jatender Kumar Mehta serves as Vice Chairman of the Board at Omax Autos Limited since February 11, 2021 and serves as its Executive Director since May 06, 2016. He has been Managing Director of Omax Au...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Jatender Mehta	MD & Vice-Chairman	no data	₹27.59m	12.15% ₹ 330.5m
Sakshi Kaura	Joint MD & Whole-Time Director	7.9yrs	₹8.03m	no data
Devashish Mehta	MD, CFO & Executive Director	5.7yrs	₹6.83m	2.38% ₹ 64.9m
Tavinder Singh	Whole Time Director	no data	₹5.35m	no data
Himanshu Sharma	Chief Operating Officer	no data	₹5.56m	no data
Ram Mohan	Chief Technical Advisor	no data	no data	no data
Mohit Srivastava	Company Secretary & Compliance Officer	2.2yrs	no data	no data
Deepak Bhasker	Assistant Vice President of HR	no data	no data	no data
Tamio Sugiura	Chief Officer of Strategy & External Relations and Deputy GM	no data	no data	no data
Achal Puri	Senior General Manager of Marketing - Railway & Metro Business	no data	no data	no data
Puneet Khullar	Business Head of Real Assets	no data	₹2.33m	no data

5.7yrs

Average Tenure

52yo

Average Age

Experienced Management: 520021's management team is seasoned and experienced (5.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Jatender Mehta	MD & Vice-Chairman	8yrs	₹27.59m	12.15% ₹ 330.5m
Sakshi Kaura	Joint MD & Whole-Time Director	11.3yrs	₹8.03m	no data
Devashish Mehta	MD, CFO & Executive Director	5.8yrs	₹6.83m	2.38% ₹ 64.9m
Tavinder Singh	Whole Time Director	8.6yrs	₹5.35m	no data
Novel Lavasa	Non-Executive Independent Director	8.6yrs	₹170.00k	no data
Bharat Kaushal	Independent Chairman of the Board	5.8yrs	₹120.00k	no data
Ram Chugh	Independent Director	2.8yrs	₹195.00k	no data
Nipun Khurana	Additional Non-Executive Independent Director	1.8yrs	₹85.00k	no data
Nikhel Kochhar	Non-Executive Director	less than a year	no data	no data

5.8yrs

Average Tenure

61yo

Average Age

Experienced Board: 520021's board of directors are considered experienced (5.8 years average tenure).

Omax Autos Management

Management criteria checks 3/4

Key information

Recent management updates

Less than half of directors are independent

Insider recently sold ₹9.7m worth of stock

Omax Autos Limited, Annual General Meeting, Aug 24, 2023

Omax Autos Limited Announces Cessation of Independent Directors

Omax Autos Limited Approves Appointment of Devashish Mehta as New Chief Financial Officer of the Company

Omax Autos Limited, Annual General Meeting, Sep 30, 2022

Recent updates

Less than half of directors are independent

Third quarter 2024 earnings released: ₹0.12 loss per share (vs ₹1.20 loss in 3Q 2023)

Insider recently sold ₹9.7m worth of stock

Omax Autos Limited to Report Q2, 2024 Results on Nov 02, 2023

Omax Autos Limited, Annual General Meeting, Aug 24, 2023

First quarter 2024 earnings released: ₹0.54 loss per share (vs ₹2.32 loss in 1Q 2023)

Omax Autos Limited to Report Q1, 2024 Results on Jul 26, 2023

Full year 2023 earnings released: ₹11.38 loss per share (vs ₹10.97 profit in FY 2022)

Omax Autos Limited Announces Cessation of Independent Directors

Third quarter 2023 earnings released: ₹1.20 loss per share (vs ₹4.74 loss in 3Q 2022)

Omax Autos Limited Approves Appointment of Devashish Mehta as New Chief Financial Officer of the Company

Omax Autos Limited to Report Q3, 2023 Results on Jan 23, 2023

Investor sentiment improved over the past week

Omax Autos Limited to Report Q2, 2023 Results on Nov 10, 2022

Investor sentiment improved over the past week

Omax Autos Limited, Annual General Meeting, Sep 30, 2022

Investor sentiment improved over the past week

First quarter 2023 earnings released: ₹2.32 loss per share (vs ₹2.88 loss in 1Q 2022)

Insufficient new directors

Omax Autos Limited Announces Resignation of Hari Gopal Agrawal as Chief Financial Officer

Omax Autos Limited to Report Q4, 2022 Results on May 30, 2022

Omax Autos Limited Announces Closure of Operation of Plant at IMT Manesar

Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Omax Autos Limited to Report Q3, 2022 Results on Feb 14, 2022

Insufficient new directors

Insider recently sold ₹2.9m worth of stock

Full year 2021 earnings released: ₹4.72 loss per share (vs ₹20.38 profit in FY 2020)

Compliance Officer & Company Secretary has left the company

Third quarter 2021 earnings released: ₹6.34 loss per share (vs ₹1.17 loss in 3Q 2020)

Omax Autos Limited Announces the Re-Designation of Jatender Kumar Mehta, as Vice Chairman

MD & Director has left the company

Omax Autos Limited to Report Q3, 2021 Results on Feb 11, 2021

Omax Autos Limited Announces Resignation of Ravinder Kumar Mehta from the Position of Director

New 90-day high: ₹50.45

Omax Autos Ltd Announces Resignation of Pradeep Kumar Panja as Independent Director, Effective December 10, 2020

New 90-day high: ₹47.10

Omax Autos Limited Announces Re-Designation of Devashish Mehta, from Joint Managing Director to Managing Director

Omax Autos Limited to Report Q2, 2021 Results on Nov 12, 2020

First quarter earnings released

First quarter earnings released

Full year earnings released - EPS ₹20.38

MD & Director recently sold ₹214.4k worth of stock

New 90-day high - ₹36.55

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age