Stovec Industries Limited

BSE:504959 Stock Report

Market Cap: ₹5.5b

Stovec Industries Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Shailesh Wani

Chief executive officer

₹15.1m

Total compensation

CEO salary percentage85.7%
CEO tenure10.5yrs
CEO ownershipn/a
Management average tenure6.9yrs
Board average tenure7.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Shailesh Wani's remuneration changed compared to Stovec Industries's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023₹15m₹13m

₹90m

Sep 30 2023n/an/a

₹67m

Jun 30 2023n/an/a

₹70m

Mar 31 2023n/an/a

₹175m

Dec 31 2022₹20m₹18m

₹248m

Sep 30 2022n/an/a

₹290m

Jun 30 2022n/an/a

₹343m

Mar 31 2022n/an/a

₹286m

Dec 31 2021₹15m₹13m

₹296m

Sep 30 2021n/an/a

₹284m

Jun 30 2021n/an/a

₹271m

Mar 31 2021n/an/a

₹196m

Dec 31 2020₹15m₹13m

₹135m

Sep 30 2020n/an/a

₹144m

Jun 30 2020n/an/a

₹194m

Mar 31 2020n/an/a

₹255m

Dec 31 2019₹14m₹13m

₹279m

Sep 30 2019n/an/a

₹262m

Jun 30 2019n/an/a

₹210m

Mar 31 2019n/an/a

₹254m

Dec 31 2018₹15m₹13m

₹336m

Dec 31 2017₹16m₹14m

₹272m

Compensation vs Market: Shailesh's total compensation ($USD181.42K) is above average for companies of similar size in the Indian market ($USD39.29K).

Compensation vs Earnings: Shailesh's compensation has been consistent with company performance over the past year.


CEO

Shailesh Wani (55 yo)

10.5yrs

Tenure

₹15,130,000

Compensation

Mr. Shailesh Chandrakrishna Wani has been Managing Director and Executive Director of Stovec Industries, Ltd. since October 1, 2013. He has attended Indian Institute of Management, Bangalore and studied BE...


Leadership Team

NamePositionTenureCompensationOwnership
Shailesh Wani
MD & Executive Director10.5yrs₹15.13mno data
Paras Mehta
Chief Financial Officer8.8yrs₹5.97mno data
Amit Patel
General Manager of Operationsno datano datano data
Paulesh Shah
General Manager of HR & Adminno datano datano data
Sanjeev Sengar
Company Secretary & Compliance Officer5yrs₹2.87mno data
C. Lissenburg
Chief Commercial Officer3.1yrsno datano data

6.9yrs

Average Tenure

Experienced Management: 504959's management team is seasoned and experienced (6.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Shailesh Wani
MD & Executive Director10.5yrs₹15.13mno data
Eiko Ris
Non-Executive Non-Independent Director5.1yrsno datano data
Marco Philippus Wadia
Non-Executive & Independent Director24.9yrs₹700.00k0.19%
₹ 10.3m
Kiran Dhingra
Non-Executive & Independent Director4yrs₹740.00kno data
Khurshed Thanawalla
Non-Executive & Independent Chairman19.3yrs₹1.40mno data
Garrett Forde
Non-Executive Non-Independent Director3.2yrsno datano data

7.8yrs

Average Tenure

66yo

Average Age

Experienced Board: 504959's board of directors are considered experienced (7.8 years average tenure).


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