Suprajit Engineering Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Mohan Nagamangala

Chief executive officer

₹25.8m

Total compensation

CEO salary percentage	70.4%
CEO tenure	7.2yrs
CEO ownership	n/a
Management average tenure	7.2yrs
Board average tenure	5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mohan Nagamangala's remuneration changed compared to Suprajit Engineering's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	₹1b
Sep 30 2023	n/a	n/a	₹1b
Jun 30 2023	n/a	n/a	₹2b
Mar 31 2023	₹26m	₹18m	₹2b
Dec 31 2022	n/a	n/a	₹2b
Sep 30 2022	n/a	n/a	₹2b
Jun 30 2022	n/a	n/a	₹2b
Mar 31 2022	₹21m	₹15m	₹2b
Dec 31 2021	n/a	n/a	₹2b
Sep 30 2021	n/a	n/a	₹2b
Jun 30 2021	n/a	n/a	₹2b
Mar 31 2021	₹15m	₹14m	₹1b
Dec 31 2020	n/a	n/a	₹882m
Sep 30 2020	n/a	n/a	₹677m
Jun 30 2020	n/a	n/a	₹646m
Mar 31 2020	₹19m	₹13m	₹1b
Dec 31 2019	n/a	n/a	₹1b
Sep 30 2019	n/a	n/a	₹2b
Jun 30 2019	n/a	n/a	₹1b
Mar 31 2019	₹18m	₹12m	₹1b
Dec 31 2018	n/a	n/a	₹1b
Sep 30 2018	n/a	n/a	₹1b
Jun 30 2018	n/a	n/a	₹1b
Mar 31 2018	₹14m	₹14m	₹1b

Compensation vs Market: Mohan's total compensation ($USD309.26K) is about average for companies of similar size in the Indian market ($USD381.18K).

Compensation vs Earnings: Mohan's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Mohan Nagamangala (61 yo)

7.2yrs

Tenure

₹25,780,000

Compensation

Mr. Mohan Srinivasan Nagamangala, B.E (Mechanical), ICWA, has been Managing Director of Suprajit Engineering Ltd. since April 1, 2019. He has been the Chief Executive Officer of Phoenix Lamps Limited since...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Kula Ajith Rai	Founder & Executive Chairman	15yrs	₹72.01m	4.47% ₹ 2.6b
Mohan Nagamangala	Group CEO	7.2yrs	₹25.78m	no data
Medappa Jantikapu	Group CFO	no data	₹9.46m	no data
Akhilesh Rai	Chief Strategy Officer & Whole Time Director	11.9yrs	₹9.13m	0.87% ₹ 510.1m
K. Shankar	COO of Domestic Cable Division & Executive VP	36.8yrs	₹11.35m	no data
Bhargavi Aithal	Senior Manager of Corporate Communications	no data	no data	no data
H. Badarinarayana	Vice President of Human Resources	5yrs	no data	no data
James Ryan	President of Controls & Cables Global Operations	3yrs	no data	no data
Akhilesh Goel	Chief Operating Officer of Phoenix Lamps Division	no data	₹10.85m	no data
Praveen Rao	Senior VP & Head of Electronics	no data	no data	no data
Frank Klinkert	CEO of Trifa & Luxlite	no data	no data	no data
Ashutosh Rai	Head of Suprajit Tech Centre	no data	no data	no data

7.2yrs

Average Tenure

61yo

Average Age

Experienced Management: 532509's management team is seasoned and experienced (7.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Kula Ajith Rai	Founder & Executive Chairman	15yrs	₹72.01m	4.47% ₹ 2.6b
Mohan Nagamangala	Group CEO	7.2yrs	₹25.78m	no data
Akhilesh Rai	Chief Strategy Officer & Whole Time Director	3.8yrs	₹9.13m	0.87% ₹ 510.1m
Bharati Rao	Independent Woman Director	5yrs	₹620.00k	no data
Muthuswami Lakshminarayan	Independent Director	5yrs	₹600.00k	0.0027% ₹ 1.6m
Supriya Rai	Non-Executive & Non-Independent Director	9.9yrs	no data	1.26% ₹ 738.3m
Bhagya Rao	Independent Director	less than a year	no data	no data
Harish Visweswara	Independent Director	3.8yrs	₹610.00k	no data

5.0yrs

Average Tenure

63yo

Average Age

Experienced Board: 532509's board of directors are considered experienced (5 years average tenure).

Suprajit Engineering Management

Management criteria checks 3/4

Key information

Recent management updates

Suprajit Engineering Limited, Annual General Meeting, Sep 25, 2023

Insufficient new directors

Founder & Executive Chairman recently bought ₹5.9m worth of stock

Executive Chairman recently bought ₹2.8m worth of stock

Recent updates

Upcoming dividend of ₹1.10 per share

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

Consensus EPS estimates fall by 16%

Second quarter 2024 earnings released: EPS: ₹2.51 (vs ₹3.31 in 2Q 2023)

Suprajit Engineering Limited to Report Q2, 2024 Results on Nov 09, 2023

Upcoming dividend of ₹1.25 per share at 0.5% yield

Suprajit Engineering Limited, Annual General Meeting, Sep 25, 2023

First quarter 2024 earnings released: EPS: ₹2.39 (vs ₹1.97 in 1Q 2023)

Suprajit Engineering Limited to Report Q1, 2024 Results on Aug 12, 2023

Insufficient new directors

Full year 2023 earnings: EPS and revenues miss analyst expectations

Suprajit Engineering Limited to Report Q4, 2023 Results on May 29, 2023

Upcoming dividend of ₹1.05 per share at 0.6% yield

Suprajit Engineering Limited Declares an Interim Dividend for the Year 2022-23

Third quarter 2023 earnings: EPS misses analyst expectations

Suprajit Engineering Limited to Report Q3, 2023 Results on Feb 13, 2023

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Suprajit Engineering Limited to Report Q2, 2023 Results on Nov 14, 2022

Suprajit Engineering Limited Approves Interim and Final Dividend for the Financial Year 2021-22

Upcoming dividend of ₹1.10 per share

Suprajit Engineering Limited Proposes Final Dividend for the Financial Year 2021-22

Suprajit Engineering Limited Proposes Final Dividend for the Financial Year 2021-22

Consensus forecasts updated

First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Suprajit Engineering Limited to Report Q1, 2023 Results on Aug 11, 2022

Full year 2022 earnings: EPS exceeds analyst expectations

Suprajit Engineering Limited Recommends Final Dividend for the Financial Year 2021-22

Now 20% undervalued after recent price drop

Suprajit Engineering Limited (BSE:532509) completed the acquisition of Light Duty Cable (LDC) business from Kongsberg Automotive ASA (OB:KOA).

Suprajit Engineering Limited (BSE:532509) completed the acquisition of Light Duty Cable (LDC) business from Kongsberg Automotive ASA (OB:KOA).

Investor sentiment improved over the past week

Founder & Executive Chairman recently bought ₹5.9m worth of stock

Investor sentiment deteriorated over the past week

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Consensus EPS estimates fall by 11%

Upcoming dividend of ₹0.90 per share

Suprajit Engineering Limited Declares an Interim Dividend

Now 21% undervalued

Suprajit Engineering Limited to Report Q3, 2022 Results on Feb 11, 2022

Investor sentiment improved over the past week

Price target increased to ₹400

Second quarter 2022 earnings released: EPS ₹3.58 (vs ₹3.44 in 2Q 2021)

Upcoming dividend of ₹1.00 per share

Price target increased to ₹327

First quarter 2022 earnings released: EPS ₹3.10 (vs ₹1.04 loss in 1Q 2021)

Executive Chairman recently bought ₹2.8m worth of stock

Full year 2021 earnings released: EPS ₹10.20 (vs ₹7.43 in FY 2020)

Suprajit Engineering Limited Recommends Final Dividend

New 90-day high: ₹278

Price target raised to ₹264

Revenue and earnings beat expectations

Third quarter 2021 earnings released: EPS ₹3.69 (vs ₹2.23 in 3Q 2020)

Investor sentiment improved over the past week

New 90-day high: ₹226

Suprajit Engineering Limited to Report Q3, 2021 Results on Feb 10, 2021

New 90-day high: ₹219

Price target raised to ₹235

Analysts increase EPS estimates to ₹7.65

New 90-day high: ₹201

New 90-day high - ₹189

Price target raised to ₹215

Earnings released

Suprajit Engineering Limited to Report Q1, 2021 Results on Aug 21, 2020

New 90-day high - ₹165

New 90-day high - ₹160

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure