Varroc Engineering Management
Management criteria checks 3/4
We currently do not have sufficient information about the CEO.
Key information
Tarang Jain
Chief executive officer
₹52.3m
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 35.9yrs |
| CEO ownership | 61.9% |
| Management average tenure | 2.3yrs |
| Board average tenure | 6.5yrs |
Recent management updates
Recent updates
Varroc Engineering (NSE:VARROC) Seems To Use Debt Quite Sensibly
Mar 12
Cautious 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 17An Intrinsic Calculation For Varroc Engineering Limited (NSE:VARROC) Suggests It's 38% Undervalued
Sep 16Should You Investigate Varroc Engineering Limited (NSE:VARROC) At ₹309?
Aug 13Varroc Engineering Limited (NSE:VARROC) Annual Results Just Came Out: Here's What Analysts Are Forecasting For This Year
Jun 07Does This Valuation Of Varroc Engineering Limited (NSE:VARROC) Imply Investors Are Overpaying?
Mar 08Are Dividend Investors Getting More Than They Bargained For With Varroc Engineering Limited's (NSE:VARROC) Dividend?
Feb 09Varroc Engineering's (NSE:VARROC) Shareholders Are Down 13% On Their Shares
Jan 12Health Check: How Prudently Does Varroc Engineering (NSE:VARROC) Use Debt?
Dec 15CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 ($USD626.04K) is above average for companies of similar size in the Indian market ($USD380.38K).
Compensation vs Earnings: Tarang's compensation has been consistent with company performance over the past year.
CEO
Tarang Jain (63 yo)
35.9yrs
Tenure
₹52,270,000
Compensation
Mr. Tarang Jain serves as Independent Director at TCPL Packaging Limited since November 2023. He serves as the Executive Non-Independent Chairman of the Board at Varroc Engineering Limited since November 1...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Non-Independent Chairman of the Board & MD | no data | ₹52.27m | 61.91% ₹ 48.1b | |
| Group Chief Financial Officer | 1.6yrs | ₹11.22m | no data | |
| Group General Counsel | 4.3yrs | ₹14.92m | 0.0051% ₹ 4.0m | |
| CEO of Business Division I & Director | 8.7yrs | ₹19.24m | 0.0033% ₹ 2.5m | |
| CEO of Business Division II & Director | 2.3yrs | ₹4.94m | no data | |
| Associate Vice President of Operations | no data | no data | no data | |
| Head of Tech Center | no data | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Chief Sales & Marketing Officer and Senior VP | no data | no data | no data | |
| Global Chief Human Resource Officer | 5.3yrs | no data | no data | |
| President & Business Head of Polymer | 1.4yrs | no data | no data | |
| President of Metallic | 1.3yrs | no data | no data |
2.3yrs
Average Tenure
55yo
Average Age
Experienced Management: VARROC's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Non-Independent Chairman of the Board & MD | 35.9yrs | ₹52.27m | 61.91% ₹ 48.1b | |
| CEO of Business Division I & Director | 5.7yrs | ₹19.24m | 0.0033% ₹ 2.5m | |
| CEO of Business Division II & Director | 1.6yrs | ₹4.94m | no data | |
| President of Metallic | less than a year | no data | no data | |
| Independent Non-Executive Director | 13.1yrs | ₹3.40m | no data | |
| Independent Non-Executive Director | 6.8yrs | ₹2.17m | no data | |
| Independent Non-Executive Director | 6.8yrs | ₹3.50m | 0.00046% ₹ 357.7k | |
| Independent Non-Executive Director | 6.2yrs | ₹3.40m | no data |
6.5yrs
Average Tenure
Experienced Board: VARROC's board of directors are considered experienced (6.5 years average tenure).