Varroc Engineering Limited

BSE:541578 Stock Report

Market Cap: ₹77.4b

Varroc Engineering Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Tarang Jain

Chief executive officer

₹64.1m

Total compensation

CEO salary percentage100.0%
CEO tenure36.5yrs
CEO ownership61.9%
Management average tenure2.8yrs
Board average tenure7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Tarang Jain's remuneration changed compared to Varroc Engineering's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹5b

Jun 30 2024n/an/a

₹5b

Mar 31 2024₹64m₹64m

₹5b

Dec 31 2023n/an/a

₹5b

Sep 30 2023n/an/a

₹2b

Jun 30 2023n/an/a

₹938m

Mar 31 2023₹52m₹52m

₹361m

Dec 31 2022n/an/a

-₹365m

Sep 30 2022n/an/a

-₹861m

Jun 30 2022n/an/a

-₹686m

Mar 31 2022₹52m₹52m

-₹814m

Dec 31 2021n/an/a

-₹10b

Sep 30 2021n/an/a

-₹8b

Jun 30 2021n/an/a

-₹6b

Mar 31 2021₹26mn/a

₹755m

Dec 31 2020n/an/a

-₹5b

Sep 30 2020n/an/a

-₹5b

Jun 30 2020n/an/a

-₹4b

Mar 31 2020₹52mn/a

₹2m

Compensation vs Market: Tarang's total compensation ($USD758.48K) is above average for companies of similar size in the Indian market ($USD355.29K).

Compensation vs Earnings: Tarang's compensation has increased by more than 20% in the past year.


CEO

Tarang Jain (63 yo)

36.5yrs

Tenure

₹64,050,000

Compensation

Mr. Tarang Jain serves as Independent Director at TCPL Packaging Limited since November 23, 2023. He serves as the Executive Non-Independent Chairman of the Board at Varroc Engineering Limited since Novemb...


Leadership Team

NamePositionTenureCompensationOwnership
Tarang Jain
Executive Non-Independent Chairman of the Board & MDno data₹64.05m61.91%
₹ 47.9b
K. Kumar
Group Chief Financial Officer2.2yrs₹33.58mno data
Arjun Jain
CEO of Varroc – Business I & Director9.3yrs₹22.86m0.0033%
₹ 2.5m
Prakash Kalathil
Head of Tech Centerno datano datano data
Bikash Dugar
Head of Investor Relationsno datano datano data
Ajay Sharma
Group General Counsel4.8yrs₹14.92m0.0051%
₹ 4.0m
Vikas Marwah
Chief Sales & Marketing Officer and Senior VPno datano datano data
Kavita Kulkarni
Global Chief Human Resource Officer5.8yrsno datano data
Dhruv Jain
CEO of Varroc – Business II & Director2.8yrs₹4.94mno data
Vidyadhar Limaye
Chief Operations Offer of Varroc - Business & Whole time Directorless than a yearno datano data
Manoj Dhar
Group Chief Internal Auditor & Risk Officer1.3yrsno datano data
Ajay Gogna
Head of BD Japanno datano datano data

2.8yrs

Average Tenure

56yo

Average Age

Experienced Management: 541578's management team is considered experienced (2.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Tarang Jain
Executive Non-Independent Chairman of the Board & MD36.5yrs₹64.05m61.91%
₹ 47.9b
Arjun Jain
CEO of Varroc – Business I & Director6.3yrs₹22.86m0.0033%
₹ 2.5m
Dhruv Jain
CEO of Varroc – Business II & Director2.2yrs₹4.94mno data
Vidyadhar Limaye
Chief Operations Offer of Varroc - Business & Whole time Directorno datano datano data
Vijaya R. Sampath
Independent Non-Executive Director7.3yrs₹3.50m0.00046%
₹ 356.1k
Gautam Khandelwal
Independent Non-Executive Director13.7yrs₹3.40mno data
Marc Szulewicz
Independent Non-Executive Director7.3yrs₹2.15mno data
Vinish Kathuria
Independent Non-Executive Director6.8yrs₹3.32mno data

7.0yrs

Average Tenure

63yo

Average Age

Experienced Board: 541578's board of directors are considered experienced (7 years average tenure).