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 percentage | 100.0% |
| CEO tenure | 36.6yrs |
| CEO ownership | 61.9% |
| Management average tenure | 2.9yrs |
| Board average tenure | 7.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | ₹5b |
| Jun 30 2024 | n/a | n/a | ₹5b |
| Mar 31 2024 | ₹64m | ₹64m | ₹5b |
| Dec 31 2023 | n/a | n/a | ₹5b |
| Sep 30 2023 | n/a | n/a | ₹2b |
| Jun 30 2023 | n/a | n/a | ₹938m |
| Mar 31 2023 | ₹52m | ₹52m | ₹361m |
| Dec 31 2022 | n/a | n/a | -₹365m |
| Sep 30 2022 | n/a | n/a | -₹861m |
| Jun 30 2022 | n/a | n/a | -₹686m |
| Mar 31 2022 | ₹52m | ₹52m | -₹814m |
| Dec 31 2021 | n/a | n/a | -₹10b |
| Sep 30 2021 | n/a | n/a | -₹8b |
| Jun 30 2021 | n/a | n/a | -₹6b |
| Mar 31 2021 | ₹26m | n/a | ₹755m |
| Dec 31 2020 | n/a | n/a | -₹5b |
| Sep 30 2020 | n/a | n/a | -₹5b |
| Jun 30 2020 | n/a | n/a | -₹4b |
| Mar 31 2020 | ₹52m | n/a | ₹2m |
Compensation vs Market: Tarang's total compensation ($USD751.24K) is above average for companies of similar size in the Indian market ($USD351.30K).
Compensation vs Earnings: Tarang's compensation has increased by more than 20% in the past year.
CEO
Tarang Jain (63 yo)
36.6yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Non-Independent Chairman of the Board & MD | no data | ₹64.05m | 61.91% ₹ 55.2b | |
| Group Chief Financial Officer | 2.3yrs | ₹33.58m | no data | |
| CEO of Varroc – Business I & Director | 9.3yrs | ₹22.86m | 0.0033% ₹ 2.9m | |
| Head of Tech Center | no data | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Group General Counsel | 4.9yrs | ₹14.92m | 0.0051% ₹ 4.6m | |
| Chief Sales & Marketing Officer and Senior VP | no data | no data | no data | |
| Global Chief Human Resource Officer | 5.9yrs | no data | no data | |
| CEO of Varroc – Business II & Director | 2.9yrs | ₹4.94m | no data | |
| Chief Operations Offer of Varroc - Business I & Whole time Director | less than a year | no data | no data | |
| Group Chief Internal Auditor & Risk Officer | 1.3yrs | no data | no data | |
| Head of BD Japan | no data | no data | no data |
2.9yrs
Average Tenure
56yo
Average Age
Experienced Management: 541578's management team is considered experienced (2.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Non-Independent Chairman of the Board & MD | 36.6yrs | ₹64.05m | 61.91% ₹ 55.2b | |
| CEO of Varroc – Business I & Director | 6.3yrs | ₹22.86m | 0.0033% ₹ 2.9m | |
| CEO of Varroc – Business II & Director | 2.3yrs | ₹4.94m | no data | |
| Chief Operations Offer of Varroc - Business I & Whole time Director | less than a year | no data | no data | |
| Independent Non-Executive Director | 7.4yrs | ₹3.50m | 0.00046% ₹ 410.1k | |
| Independent Non-Executive Director | 13.8yrs | ₹3.40m | no data | |
| Independent Non-Executive Director | 7.4yrs | ₹2.15m | no data | |
| Independent Non-Executive Director | 6.8yrs | ₹3.32m | no data |
7.1yrs
Average Tenure
63yo
Average Age
Experienced Board: 541578's board of directors are considered experienced (7.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 00:02 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Varroc Engineering Limited is covered by 12 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Arvind Sharma | Citigroup Inc |
| Pratik Rangnekar | Credit Suisse |
| Abhishek Jain | Dolat Capital Market Pvt. Ltd. |