Jagan Lamps Management

Management criteria checks 4/4

Jagan Lamps' CEO is Ashish Aggarwal, appointed in Sep 2017, has a tenure of 7.17 years. total yearly compensation is ₹3.27M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 45.85% of the company’s shares, worth ₹289.42M. The average tenure of the management team and the board of directors is 6.3 years and 5.8 years respectively.

Key information

Ashish Aggarwal

Chief executive officer

₹3.3m

Total compensation

CEO salary percentage	100.0%
CEO tenure	7.2yrs
CEO ownership	45.8%
Management average tenure	6.3yrs
Board average tenure	5.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ashish Aggarwal's remuneration changed compared to Jagan Lamps's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	₹28m
Jun 30 2024	n/a	n/a	₹28m
Mar 31 2024	₹3m	₹3m	₹29m
Dec 31 2023	n/a	n/a	₹28m
Sep 30 2023	n/a	n/a	₹30m
Jun 30 2023	n/a	n/a	₹28m
Mar 31 2023	₹3m	n/a	₹27m
Dec 31 2022	n/a	n/a	₹24m
Sep 30 2022	n/a	n/a	₹23m
Jun 30 2022	n/a	n/a	₹25m
Mar 31 2022	₹3m	n/a	₹24m
Dec 31 2021	n/a	n/a	₹24m
Sep 30 2021	n/a	n/a	₹23m
Jun 30 2021	n/a	n/a	₹22m
Mar 31 2021	₹3m	₹3m	₹21m
Dec 31 2020	n/a	n/a	₹17m
Sep 30 2020	n/a	n/a	₹15m
Jun 30 2020	n/a	n/a	₹13m
Mar 31 2020	₹3m	₹3m	₹17m
Dec 31 2019	n/a	n/a	₹14m
Sep 30 2019	n/a	n/a	₹13m
Jun 30 2019	n/a	n/a	₹12m
Mar 31 2019	₹1m	₹1m	₹10m
Dec 31 2018	n/a	n/a	₹9m
Sep 30 2018	n/a	n/a	₹9m
Jun 30 2018	n/a	n/a	₹6m
Mar 31 2018	₹1m	₹1m	₹5m

Compensation vs Market: Ashish's total compensation ($USD38.72K) is about average for companies of similar size in the Indian market ($USD42.63K).

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

CEO

Ashish Aggarwal (52 yo)

7.2yrs

Tenure

₹3,270,000

Compensation

Mr. Ashish Aggarwal is Managing Director of Jagan Lamps Limited since September 29, 2017. He serves as the Chairman of the Board and Whole Time Director of Jagan Lamps Ltd and previously served as its Dire...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Ashish Aggarwal	Chairman & MD	7.2yrs	₹3.27m	45.85% ₹ 289.4m
Rekha Aggarwal	CFO & Executive Director	6.3yrs	₹686.00k	7.04% ₹ 44.4m
Pratyus Kumar	Company Secretary & Compliance Officer	1.1yrs	₹355.00k	no data
Raghav Aggarwal	Head of Marketing & Executive Director	no data	₹8.00k	no data
Narinder Singh	Operational Head	no data	no data	no data
Surendra Prashad	Head of Account & Finance	no data	no data	no data

6.3yrs

Average Tenure

43.5yo

Average Age

Experienced Management: 530711's management team is seasoned and experienced (6.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Ashish Aggarwal	Chairman & MD	30.6yrs	₹3.27m	45.85% ₹ 289.4m
Rekha Aggarwal	CFO & Executive Director	5.3yrs	₹686.00k	7.04% ₹ 44.4m
Raghav Aggarwal	Head of Marketing & Executive Director	3.5yrs	₹8.00k	no data
Hemant Mangla	Independent Director	6.3yrs	₹20.00k	no data
Saras Kumar	Independent Director	6.3yrs	₹20.00k	no data
Shweta Nathani	Additional Independent Director	3.5yrs	₹20.00k	no data

5.8yrs

Average Tenure

49yo

Average Age

Experienced Board: 530711's board of directors are considered experienced (5.8 years average tenure).

Jagan Lamps Management

Management criteria checks 4/4

Key information

Recent management updates

Jagan Lamps Limited, Annual General Meeting, Sep 30, 2024

Jagan Lamps Limited, Annual General Meeting, Sep 30, 2024

Jagan Lamps Limited Announces Change in Designation of Raghav Aggarwal to Executive Director from Non-Executive Director

Insufficient new directors

Jagan Lamps Limited Appoints Pratyus Kumar as Company Secretary and Compliance Officer

Jagan Lamps Limited Announces Resignation of Anuradha Malik as Company Secretary & Compliance Officer

Recent updates

Second quarter 2025 earnings released: EPS: ₹0.95 (vs ₹0.93 in 2Q 2024)

Jagan Lamps Limited to Report Q2, 2025 Results on Nov 14, 2024

Jagan Lamps Limited, Annual General Meeting, Sep 30, 2024

Investor sentiment improves as stock rises 19%

Jagan Lamps Limited, Annual General Meeting, Sep 30, 2024

Jagan Lamps Limited Announces Change in Designation of Raghav Aggarwal to Executive Director from Non-Executive Director

First quarter 2025 earnings released: EPS: ₹0.51 (vs ₹0.70 in 1Q 2024)

Investor sentiment improves as stock rises 22%

Full year 2024 earnings released: EPS: ₹4.02 (vs ₹3.69 in FY 2023)

Insufficient new directors

Investor sentiment deteriorates as stock falls 16%

Jagan Lamps Limited to Report Q4, 2024 Results on May 30, 2024

Investor sentiment deteriorates as stock falls 16%

Third quarter 2024 earnings released: EPS: ₹0.83 (vs ₹1.16 in 3Q 2023)

Jagan Lamps Limited to Report Q3, 2024 Results on Feb 14, 2024

Investor sentiment improves as stock rises 19%

Investor sentiment improves as stock rises 17%

Jagan Lamps Limited to Report Q2, 2024 Results on Nov 10, 2023

Jagan Lamps Limited Appoints Pratyus Kumar as Company Secretary and Compliance Officer

New minor risk - Share price stability

Jagan Lamps Limited Announces Resignation of Anuradha Malik as Company Secretary & Compliance Officer

Investor sentiment improves as stock rises 23%

Jagan Lamps Limited, Annual General Meeting, Sep 30, 2023

First quarter 2024 earnings released: EPS: ₹0.70 (vs ₹0.47 in 1Q 2023)

Jagan Lamps Limited to Report Q1, 2024 Results on Aug 12, 2023

Jagan Lamps Limited Announces Company Secretary and Compliance Officer Changes

Full year 2023 earnings released: EPS: ₹3.69 (vs ₹3.40 in FY 2022)

Investor sentiment improves as stock rises 17%

Jagan Lamps Limited to Report Fiscal Year 2023 Results on May 30, 2023

Investor sentiment improves as stock rises 21%

Third quarter 2023 earnings released: EPS: ₹1.16 (vs ₹1.06 in 3Q 2022)

Jagan Lamps Limited to Report Q3, 2023 Results on Feb 14, 2023

Jagan Lamps Limited to Report Q2, 2023 Results on Nov 14, 2022

Jagan Lamps Limited Declares the Final Dividend for the Financial Year Ended 31 March, 2022

Upcoming dividend of ₹1.00 per share

Jagan Lamps Limited, Annual General Meeting, Sep 29, 2022

First quarter 2023 earnings released: EPS: ₹0.47 (vs ₹0.28 in 1Q 2022)

Jagan Lamps Limited to Report Q1, 2023 Results on Aug 12, 2022

Full year 2022 earnings released: EPS: ₹3.40 (vs ₹3.02 in FY 2021)

Jagan Lamps Limited Recommends Dividend for the Financial Year 2021-2022

Jagan Lamps Limited to Report Q4, 2022 Results on May 30, 2022

Less than half of directors are independent

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

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

Jagan Lamps Limited to Report Q3, 2022 Results on Feb 14, 2022

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Jagan Lamps Limited announced that it expects to receive INR 15.855 million in funding

Investor sentiment deteriorated over the past week

First quarter 2022 earnings released: EPS ₹0.28 (vs ₹0.11 in 1Q 2021)

Less than half of directors are independent

Jagan Lamps Limited Announces Temporary Suspension of All Plant Operations

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS ₹1.06 (vs ₹0.76 in 3Q 2020)

Jagan Lamps Limited to Report Q3, 2021 Results on Feb 12, 2021

New 90-day high: ₹38.35

Investor sentiment improved over the past week

New 90-day high: ₹25.60

New 90-day high: ₹23.40

Investor sentiment improved over the past week

Investor sentiment improved over the past week

New 90-day low: ₹16.35

Jagan Lamps Limited to Report Q2, 2021 Results on Nov 11, 2020

New 90-day high: ₹18.90

Ashish Aggarwal completed the acquisition of 5.3% stake in Jagan Lamps Ltd (BSE:530711) from Suraj Parkash Aggarwal.

Jagan Lamps Limited to Report Q1, 2021 Results on Aug 28, 2020

New 90-day high - ₹16.90

CEO Compensation Analysis