HEG Limited

BSE:509631 Stock Report

Market Cap: ₹94.7b

HEG Management

Management criteria checks 3/4

HEG's CEO is Ravi Jhunjhunwala, appointed in May 2010, has a tenure of 45.67 years. total yearly compensation is ₹135.38M, comprised of 21.6% salary and 78.4% bonuses, including company stock and options. directly owns 0.007% of the company’s shares, worth ₹6.19M. The average tenure of the management team and the board of directors is 8 years and 6.6 years respectively.

Key information

Ravi Jhunjhunwala

Chief executive officer

₹135.4m

Total compensation

CEO salary percentage21.57%
CEO tenure15yrs
CEO ownership0.007%
Management average tenure8yrs
Board average tenure6.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ravi Jhunjhunwala's remuneration changed compared to HEG's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024n/an/a

₹2b

Sep 30 2024n/an/a

₹2b

Jun 30 2024n/an/a

₹2b

Mar 31 2024₹135m₹29m

₹3b

Dec 31 2023n/an/a

₹4b

Sep 30 2023n/an/a

₹4b

Jun 30 2023n/an/a

₹5b

Mar 31 2023₹214m₹25m

₹5b

Dec 31 2022n/an/a

₹6b

Sep 30 2022n/an/a

₹6b

Jun 30 2022n/an/a

₹5b

Mar 31 2022₹183m₹22m

₹4b

Dec 31 2021n/an/a

₹3b

Sep 30 2021n/an/a

₹2b

Jun 30 2021n/an/a

₹245m

Mar 31 2021₹15m₹10m

-₹179m

Dec 31 2020n/an/a

-₹4b

Sep 30 2020n/an/a

-₹4b

Jun 30 2020n/an/a

-₹2b

Mar 31 2020₹24m₹19m

₹676m

Dec 31 2019n/an/a

₹9b

Sep 30 2019n/an/a

₹18b

Jun 30 2019n/an/a

₹25b

Mar 31 2019₹1b₹19m

₹30b

Compensation vs Market: Ravi's total compensation ($USD1.58M) is above average for companies of similar size in the Indian market ($USD375.14K).

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

CEO

Ravi Jhunjhunwala (69 yo)

15yrs

Tenure

₹135,378,000

Compensation

Mr. Ravi Jhunjhunwala, B.Com (H), MBA, serves as the Chairman and Managing Director at HEG Ltd. and has been its Chief Executive Officer since May 2010. Mr. Jhunjhunwala is an Industrialist with diversifie...

Leadership Team

NamePositionTenureCompensationOwnership
Ravi Jhunjhunwala
Chairman15yrs₹135.38m0.0065%
₹ 6.2m
Manish Gulati
COO, Chief Marketing Officer & Whole Time Director15.3yrs₹26.71mno data
Vivek Chaudhary
Compliance Officer & Company Secretary8yrs₹4.50mno data
Ravi Tripathi
Chief Financial Officerless than a yearno datano data
Sudhir Sood
Chief Human Resource Officerno datano datano data
Om Ajmera
Group Chief Financial Officer6.3yrsno datano data

8.0yrs

Average Tenure

59yo

Average Age

Experienced Management: 509631's management team is seasoned and experienced (8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Ravi Jhunjhunwala
Chairman45.7yrs₹135.38m0.0065%
₹ 6.2m
Manish Gulati
COO, Chief Marketing Officer & Whole Time Director5.3yrs₹26.71mno data
Ramni Nirula
Non-Executive & Independent Women Director6.6yrs₹975.00kno data
Kamal Gupta
Additional Non-Executive Non-Independent Directorless than a year₹2.48m0.0012%
₹ 1.2m
Lakshmi Jhunjhunwala
Chairman Emeritusno datano datano data
Riju Jhunjhunwala
Vice-Chairman of the Board16.1yrs₹975.00k0.0035%
₹ 3.3m
Shekhar Agarwal
Non-Executive Director28.8yrs₹750.00kno data
Nand Khaitan
Independent Directorless than a yearno datano data
Vinita Singhania
Non-Executive Director6.6yrs₹450.00kno data
Jayant Davar
Non-Executive Independent Director5.8yrs₹1.28m0.000010%
₹ 9.5k
Satish Mehta
Non-Executive & Independent Director8.9yrs₹975.00kno data
Priya Dasgupta
Independent Directorless than a yearno datano data

6.6yrs

Average Tenure

72yo

Average Age

Experienced Board: 509631's board of directors are considered experienced (6.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/16 17:45
End of Day Share Price 2025/05/16 00:00
Earnings2024/12/31
Annual Earnings2024/03/31

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.

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.

Analysis Model and Snowflake

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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 Github.

Analyst Sources

HEG Limited is covered by 10 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Rajesh ZawarAnand Rathi Shares and Stock Brokers Limited
Shareen BatatawalaAngel Broking Private Limited
Pramod TiwariBatlivala & Karani Securities India Pvt. Ltd.