RACL Geartech Management
Management criteria checks 2/4
RACL Geartech's CEO is Gursharan Singh, appointed in Apr 2004, has a tenure of 20.08 years. total yearly compensation is ₹20.74M, comprised of 70.4% salary and 29.6% bonuses, including company stock and options. directly owns 36.57% of the company’s shares, worth ₹5.20B. The average tenure of the management team and the board of directors is 1 years and 7 years respectively.
Key information
Gursharan Singh
Chief executive officer
₹20.7m
Total compensation
| CEO salary percentage | 70.4% |
| CEO tenure | 20.1yrs |
| CEO ownership | 36.6% |
| Management average tenure | less than a year |
| Board average tenure | 7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | ₹405m |
| Sep 30 2023 | n/a | n/a | ₹405m |
| Jun 30 2023 | n/a | n/a | ₹402m |
| Mar 31 2023 | ₹21m | ₹15m | ₹374m |
| Dec 31 2022 | n/a | n/a | ₹328m |
| Sep 30 2022 | n/a | n/a | ₹283m |
| Jun 30 2022 | n/a | n/a | ₹250m |
| Mar 31 2022 | ₹23m | ₹15m | ₹239m |
| Dec 31 2021 | n/a | n/a | ₹263m |
| Sep 30 2021 | n/a | n/a | ₹278m |
| Jun 30 2021 | n/a | n/a | ₹269m |
| Mar 31 2021 | ₹16m | ₹10m | ₹235m |
| Dec 31 2020 | n/a | n/a | ₹193m |
| Sep 30 2020 | n/a | n/a | ₹159m |
| Jun 30 2020 | n/a | n/a | ₹154m |
| Mar 31 2020 | ₹14m | ₹10m | ₹170m |
| Dec 31 2019 | n/a | n/a | ₹157m |
| Sep 30 2019 | n/a | n/a | ₹138m |
| Jun 30 2019 | n/a | n/a | ₹113m |
| Mar 31 2019 | ₹11m | ₹5m | ₹98m |
| Dec 31 2018 | n/a | n/a | ₹125m |
| Sep 30 2018 | n/a | n/a | ₹105m |
| Jun 30 2018 | n/a | n/a | ₹88m |
| Mar 31 2018 | ₹10m | ₹5m | ₹79m |
Compensation vs Market: Gursharan's total compensation ($USD248.41K) is above average for companies of similar size in the Indian market ($USD185.58K).
Compensation vs Earnings: Gursharan's compensation has been consistent with company performance over the past year.
CEO
Gursharan Singh (61 yo)
20.1yrs
Tenure
₹20,735,000
Compensation
Mr. Gursharan Singh has been the Chairman and Managing Director of Raunaq Automotive Components Limited (also known as RACL Geartech Limited) since April 01, 2011 and April 24, 2004 respectively.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 20.1yrs | ₹20.74m | 36.57% ₹ 5.2b | |
| Vice President | no data | ₹3.77m | 0.18% ₹ 25.6m | |
| Vice President | no data | ₹2.74m | no data | |
| Chief Financial Officer | less than a year | no data | no data | |
| Company Secretary & Compliance Officer | less than a year | no data | no data | |
| Deputy General Manager | no data | no data | 0.060% ₹ 8.5m |
1.0yrs
Average Tenure
55yo
Average Age
Experienced Management: 520073's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 21.8yrs | ₹20.74m | 36.57% ₹ 5.2b | |
| Non-Executive Non-Independent Director | 18yrs | ₹2.65m | 0.92% ₹ 131.3m | |
| Non-Executive Non-Independent Director | 9.3yrs | ₹2.60m | 0.32% ₹ 45.0m | |
| Non-Executive Independent Director | 7yrs | ₹365.00k | no data | |
| Non-Executive Independent Director | 4.5yrs | ₹365.00k | no data | |
| Non-Executive Independent Director | 3.9yrs | ₹195.00k | 0.0030% ₹ 422.3k | |
| Non-Executive Independent Woman Director | 2.8yrs | ₹335.00k | no data |
7.0yrs
Average Tenure
66yo
Average Age
Experienced Board: 520073's board of directors are considered experienced (7 years average tenure).