Greaves Cotton Management

Management criteria checks 0/4

We currently do not have sufficient information about the CEO.

Key information

Arup Basu

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	2.2yrs
CEO ownership	n/a
Management average tenure	1.7yrs
Board average tenure	2.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Arup Basu's remuneration changed compared to Greaves Cotton's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	-₹1b
Mar 31 2024	n/a	n/a	-₹1b
Dec 31 2023	n/a	n/a	-₹1b
Sep 30 2023	n/a	n/a	-₹2b
Jun 30 2023	n/a	n/a	₹569m
Mar 31 2023	₹24m	₹22m	₹780m

Compensation vs Market: Insufficient data to establish whether Arup's total compensation is reasonable compared to companies of similar size in the Indian market.

Compensation vs Earnings: Insufficient data to compare Arup's compensation with company performance.

CEO

Arup Basu (57 yo)

2.2yrs

Tenure

₹23,893,000

Compensation

Dr. Arup Basu, Ph D., serves as Managing Director of Greaves Cotton Limited since August 12, 2022 and had been its Executive Director since May 12, 2022. Dr. Basu served as Deputy Managing Director of Grea...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Arup Basu	MD & Executive Director	2.2yrs	₹23.89m	no data
Akhila Balachandar	Group Chief Financial Officer	1.3yrs	no data	no data
Sanjiv Kumar	Member of Executive Board & CEO of Automotive Engines Business	12.7yrs	no data	no data
Ramachandran Nandagopal	Member of Executive Board and Chief Executive Officer of Construction Equipment Business	no data	no data	no data
Prakash Bhalekar	Member of Executive Board	no data	no data	no data
Sandip Chaudhari	Chief Technology Officer	no data	no data	no data
Atindra Basu	Head of Legal & Internal Audit	6.2yrs	₹11.43m	0.000070% ₹ 31.6k
T. Furtado	Group General Manager of Marketing Services	no data	no data	no data
Shefali Suri	Group Chief Human Resource Officer	no data	no data	0.033% ₹ 15.1m
Narasimha Jayakumar	Chief Executive Officer of Retail	1.7yrs	no data	no data
Sandeep Divakaran	Chief Executive Officer of Greaves Finance	1.7yrs	no data	no data
Chandrasekar Thyagarajan	Chief Financial Officer of Greaves Electric Mobility	1.7yrs	no data	no data

1.7yrs

Average Tenure

Experienced Management: 501455's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Arup Basu	MD & Executive Director	2.4yrs	₹23.89m	no data
K. Kumar	CEO & Executive Director of Greaves Electric Mobility	no data	no data	no data
P. B. Kumar	Executive Director & CEO of Greaves Finance Limited	less than a year	no data	no data
Firdose Vandrevala	Independent Director	3yrs	₹3.53m	no data
Karan Thapar	Non-Executive Chairman	33.1yrs	₹7.17m	no data
Panicker Sukumara Unnikrishnan	Additional Independent Director	less than a year	no data	no data
Ravi Kirpalani	Independent Director	2.4yrs	₹2.77m	no data
Raja Venkataraman	Independent Director	1.7yrs	₹3.35m	no data
Sree Patel	Independent Director	7.7yrs	₹3.59m	no data

2.4yrs

Average Tenure

66yo

Average Age

Experienced Board: 501455's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.

Greaves Cotton Management

Management criteria checks 0/4

Key information

Recent management updates

Greaves Cotton Limited, Annual General Meeting, Aug 08, 2024

Insider recently sold ₹19m worth of stock

Insider recently sold ₹10m worth of stock

High number of new directors

Greaves Cotton Limited Appoints Alok Kapoor as Head - Auto EV Mart

Greaves Cotton Limited Appoints Abhijit Narendra Joshi as Head - Marketing and Sales, Greaves Engineering

Recent updates

Greaves Cotton Limited Approves Final Dividend for the Financial Year Ended 31 March 2024

Upcoming dividend of ₹2.00 per share

Full year 2024 earnings released: ₹5.83 loss per share (vs ₹3.37 profit in FY 2023)

Greaves Cotton Limited to Report Q2, 2025 Results on Nov 14, 2024

Dividend increased to ₹2.00

Greaves Cotton Limited, Annual General Meeting, Aug 08, 2024

Insider recently sold ₹19m worth of stock

Insider recently sold ₹10m worth of stock

Full year 2024 earnings released: ₹5.83 loss per share (vs ₹3.37 profit in FY 2023)

Greaves Cotton Limited Recommends Dividend for the Financial Year Ended March 31, 2024

New major risk - Revenue and earnings growth

High number of new directors

Third quarter 2024 earnings released: EPS: ₹2.50 (vs ₹0.28 in 3Q 2023)

Greaves Cotton Limited Appoints Alok Kapoor as Head - Auto EV Mart

Second quarter 2024 earnings released: ₹8.22 loss per share (vs ₹1.25 profit in 2Q 2023)

New major risk - Revenue and earnings growth

Price target decreased by 8.1% to ₹177

Greaves Cotton Limited Appoints Abhijit Narendra Joshi as Head - Marketing and Sales, Greaves Engineering

Insider recently sold ₹1.1m worth of stock

Greaves Cotton Limited Appoints Neeraj Sharan as Business Head Electric Vehicle Solutions and New Business

Greaves Cotton Limited Declares Final Dividend for the Financial Year Ended March 31, 2023

Upcoming dividend of ₹0.90 per share at 0.7% yield

Greaves Cotton Limited to Report Q4, 2024 Results on May 30, 2024

Full year 2023 earnings released: EPS: ₹3.37 (vs ₹1.53 loss in FY 2022)

Greaves Cotton Limited, Annual General Meeting, Aug 10, 2023

Vice Chairman recently sold ₹25m worth of stock

Head of Legal & Internal Audit recently sold ₹2.7m worth of stock

Investor sentiment deteriorates as stock falls 15%

Full year 2023 earnings released: EPS: ₹3.37 (vs ₹1.53 loss in FY 2022)

Greaves Cotton Limited Announces CFO Changes

Investor sentiment improves as stock rises 19%

Independent Director recently sold ₹1.3m worth of stock

Price target decreased by 7.7% to ₹200

Third quarter 2023 earnings released: EPS: ₹0.28 (vs ₹0.27 loss in 3Q 2022)

Greaves Cotton Limited (BSE:501455) signed a binding term sheet to acquire Excel Controlinkage Pvt Ltd. for enterprise value of INR3.85 billion.

Greaves Cotton Limited to Report Q3, 2023 Results on Feb 09, 2023

Greaves Cotton Limited Showcases Its EV Might At Auto Expo 2023 with Six New Electric Two and Three-Wheelers

Second quarter 2023 earnings released: EPS: ₹1.25 (vs ₹1.01 loss in 2Q 2022)

Greaves Cotton Limited to Report Q2, 2023 Results on Nov 14, 2022

Greaves Cotton Limited Declares Dividend

Greaves Cotton Limited Announces Cessation of Vinay Sanghi as Independent Director of the Company

Greaves Cotton Limited to Report Q1, 2023 Results on Aug 11, 2022

Upcoming dividend of ₹0.20 per share

Full year 2022 earnings released: ₹1.53 loss per share (vs ₹0.81 loss in FY 2021)

Greaves Cotton Limited Recommends Dividend for the Financial Year Ended 31 March, 2022, Payable on or Before 9 September 2022

Greaves Cotton Names Sanjay Behl as CEO

Greaves Cotton Limited Appoints Arup Basu as Deputy Managing Director

Greaves Cotton Limited Recommends Dividend for the Financial Year Ended 31 March, 2022

Full year 2022 earnings released: ₹1.53 loss per share (vs ₹0.81 loss in FY 2021)

Greaves Cotton Limited to Report Q4, 2022 Results on May 12, 2022

Price target increased to ₹218

Greaves Cotton Limited Appoints Arup Basu as Deputy Managing Director

Price target increased to ₹163

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Insider recently sold ₹3.1m worth of stock

Greaves Cotton Seeks Investors for EV Venture

Second quarter 2022 earnings released: ₹1.01 loss per share (vs ₹0.97 loss in 2Q 2021)

Independent Director Subbu Venkata Behara has left the company

Upcoming dividend of ₹0.20 per share

Full year 2021 earnings released: ₹0.81 loss per share (vs ₹5.40 profit in FY 2020)

Price target increased to ₹113

Greaves Cotton Limited Recommends Dividend for the Financial Year Ended March 31, 2021

Full year 2021 earnings released: ₹0.81 loss per share (vs ₹5.40 profit in FY 2020)

Price target increased to ₹88.33

Greaves Cotton Limited Appoints Dalpat Jain as Group Chief Financial Officer

Third quarter 2021 earnings released: EPS ₹0.90 (vs ₹2.06 in 3Q 2020)

New 90-day high: ₹95.90

New 90-day high: ₹87.70

Insider recently bought ₹1.4m worth of stock