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 | 36.8yrs |
| CEO ownership | 61.9% |
| Management average tenure | 3.1yrs |
| Board average tenure | 7.3yrs |
Recent management updates
Recent updates
Varroc Engineering Limited Just Reported A Surprise Loss: Here's What Analysts Think Will Happen Next
Feb 13
Do Varroc Engineering's (NSE:VARROC) Earnings Warrant Your Attention?
Jan 25Returns Are Gaining Momentum At Varroc Engineering (NSE:VARROC)
Jan 11These 4 Measures Indicate That Varroc Engineering (NSE:VARROC) Is Using Debt Reasonably Well
Dec 27Varroc Engineering's (NSE:VARROC) Earnings Are Weaker Than They Seem
Nov 24Should You Be Adding Varroc Engineering (NSE:VARROC) To Your Watchlist Today?
Sep 25Increases to CEO Compensation Might Be Put On Hold For Now at Varroc Engineering Limited (NSE:VARROC)
Sep 06Is Varroc Engineering Limited (NSE:VARROC) Potentially Undervalued?
Aug 23Earnings Miss: Varroc Engineering Limited Missed EPS By 59% And Analysts Are Revising Their Forecasts
Aug 10These 4 Measures Indicate That Varroc Engineering (NSE:VARROC) Is Using Debt Reasonably Well
Aug 07Varroc Engineering Limited's (NSE:VARROC) P/S Is Still On The Mark Following 30% Share Price Bounce
Jul 05Varroc Engineering's (NSE:VARROC) Earnings Are Weaker Than They Seem
May 25Fewer Investors Than Expected Jumping On Varroc Engineering Limited (NSE:VARROC)
May 09Varroc Engineering (NSE:VARROC) Seems To Use Debt Quite Sensibly
Mar 12Cautious Investors Not Rewarding Varroc Engineering Limited's (NSE:VARROC) Performance Completely
Jan 19Varroc Engineering (NSE:VARROC) Has A Pretty Healthy Balance Sheet
Dec 09Is Varroc Engineering Limited (NSE:VARROC) Potentially Undervalued?
Nov 18Varroc Engineering (NSE:VARROC) Might Have The Makings Of A Multi-Bagger
Oct 24Shareholders May Not Be So Generous With Varroc Engineering Limited's (NSE:VARROC) CEO Compensation And Here's Why
Sep 07Varroc Engineering (NSE:VARROC) Seems To Use Debt Quite Sensibly
Aug 11Varroc Engineering (NSE:VARROC) Seems To Be Using A Lot Of Debt
Sep 29Estimating The Fair Value Of Varroc Engineering Limited (NSE:VARROC)
Sep 03Here's Why Varroc Engineering (NSE:VARROC) Is Weighed Down By Its Debt Load
Jun 20Should You Think About Buying Varroc Engineering Limited (NSE:VARROC) Now?
May 16Is Varroc Engineering (NSE:VARROC) A Risky Investment?
Mar 15Is There Now An Opportunity In Varroc Engineering Limited (NSE:VARROC)?
Feb 15Varroc Engineering Limited's (NSE:VARROC) Intrinsic Value Is Potentially 38% Above Its Share Price
Jan 09Is Varroc Engineering (NSE:VARROC) Using Debt Sensibly?
Nov 17CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | n/a | n/a | ₹975m |
| 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 ($USD738.62K) is above average for companies of similar size in the Indian market ($USD380.46K).
Compensation vs Earnings: Tarang's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Tarang Jain (63 yo)
36.8yrs
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% ₹ 46.0b | |
| Group Chief Financial Officer | 2.4yrs | ₹33.58m | no data | |
| CEO of Varroc – Business I & Director | 9.5yrs | ₹22.86m | 0.0033% ₹ 2.4m | |
| Head of Tech Center | no data | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Group General Counsel | 5.1yrs | ₹14.92m | 0.0051% ₹ 3.8m | |
| Chief Sales & Marketing Officer and Senior VP | no data | no data | no data | |
| Global Chief Human Resource Officer | 6.1yrs | no data | no data | |
| CEO of Varroc – Business II & Director | 3.1yrs | ₹4.94m | no data | |
| Chief Operations Offer of Varroc - Business I & Whole time Director | 1.1yrs | no data | no data | |
| Group Chief Internal Auditor & Risk Officer | 1.5yrs | no data | no data | |
| Head of BD Japan | no data | no data | no data |
3.1yrs
Average Tenure
56yo
Average Age
Experienced Management: VARROC's management team is considered experienced (3.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Non-Independent Chairman of the Board & MD | 36.8yrs | ₹64.05m | 61.91% ₹ 46.0b | |
| CEO of Varroc – Business I & Director | 6.5yrs | ₹22.86m | 0.0033% ₹ 2.4m | |
| CEO of Varroc – Business II & Director | 2.4yrs | ₹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 | 7.6yrs | ₹3.50m | 0.00046% ₹ 341.6k | |
| Independent Non-Executive Director | 13.9yrs | ₹3.40m | no data | |
| Independent Non-Executive Director | 7.6yrs | ₹2.15m | no data | |
| Independent Non-Executive Director | 7yrs | ₹3.32m | no data |
7.3yrs
Average Tenure
63yo
Average Age
Experienced Board: VARROC's board of directors are considered experienced (7.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/15 10:09 |
| End of Day Share Price | 2025/02/14 00:00 |
| Earnings | 2024/12/31 |
| 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 |
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| Ownership | 10 years |
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| Management | 10 years |
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| 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.
Analysis Model and Snowflake
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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 Github.
Analyst Sources
Varroc Engineering Limited is covered by 15 analysts. 5 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. |