Stovec Industries Limited

BSE:504959 Stock Report

Market Cap: ₹6.7b

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 tenure11.2yrs
CEO ownershipn/a
Management average tenure7.5yrs
Board average tenure8.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Shailesh Wani's remuneration changed compared to Stovec Industries's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹154m

Jun 30 2024n/an/a

₹129m

Mar 31 2024n/an/a

₹113m

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 ($USD177.61K) is above average for companies of similar size in the Indian market ($USD42.29K).

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

CEO

Shailesh Wani (56 yo)

11.2yrs

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 Director11.2yrs₹15.13mno data
Paras Mehta
Chief Financial Officer9.4yrs₹5.62mno data
Sanjeev Sengar
Company Secretary & Compliance Officer5.7yrs₹2.85mno data
Amit Patel
General Manager of Operationsno datano datano data
Paulesh Shah
General Manager of HR & Adminno datano datano data
C. Lissenburg
Chief Commercial Officer3.8yrsno datano data

7.5yrs

Average Tenure

Experienced Management: 504959's management team is seasoned and experienced (7.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Shailesh Wani
MD & Executive Director11.2yrs₹15.13mno data
Eiko Ris
Non-Executive Non-Independent Director5.8yrsno datano data
Marco Philippus Wadia
Non-Executive & Independent Director25.6yrs₹700.00kno data
Kiran Dhingra
Non-Executive & Independent Director4.7yrs₹570.00kno data
Khurshed Thanawalla
Non-Executive & Independent Chairman19.9yrs₹1.40mno data
Garrett Forde
Non-Executive Non-Independent Director3.8yrsno datano data

8.5yrs

Average Tenure

67yo

Average Age

Experienced Board: 504959's board of directors are considered experienced (8.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 12:34
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Stovec Industries Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Anil BurraFirstCall Research
Vinayak M.FirstCall Research