Nava Management

Management criteria checks 2/4

Nava's CEO is Ashwin Devineni, appointed in May 2019, has a tenure of 6.75 years. directly owns 2.36% of the company’s shares, worth ₹1.72B. The average tenure of the management team and the board of directors is 5 years and 6.3 years respectively.

Key information

Ashwin Devineni

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	5yrs
CEO ownership	2.4%
Management average tenure	5yrs
Board average tenure	6.3yrs

Recent management updates

Recent updates

CEO

Ashwin Devineni (40 yo)

5yrs

Tenure

Mr. Ashwin Devineni has been the Managing Director of Nava Bharat (Singapore) Pte. Limited since August 1, 2012. Mr. Ashwin has been Chief Executive Officer and Whole Time Director of Nava Bharat Ventures...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Ashok Devineni	Executive Chairman of the Board	32.2yrs	₹142.54m	1.61% ₹ 1.2b
Ashwin Devineni	CEO & Whole Time Director	5yrs	no data	2.36% ₹ 1.7b
Sultan Baig	Chief Financial Officer	4.3yrs	₹10.84m	no data
Vegesina Raju	VP, Company Secretary	7.9yrs	₹10.37m	no data
Pinnamaneni Prasad	MD & Whole-Time Director	15.3yrs	₹142.54m	2.38% ₹ 1.7b
Gorthi Rama Prasad	Executive Director	no data	₹41.67m	0.12% ₹ 88.5m
Nikhil Devineni	Senior Vice President	no data	₹17.05m	1.76% ₹ 1.3b
G. Rao	Deputy General Manager of Accounts	no data	no data	no data
MVS Rao	Head of Marketing & Commercial	1.3yrs	no data	no data
Kalyani Prabhala	Vice President of Human Resources	no data	no data	no data
V. Krishna	Chief General Manager of PP-O	no data	₹5.28m	no data
Sanjay Bansal	Head of Procurement & Contracts	1.3yrs	no data	no data

5.0yrs

Average Tenure

52yo

Average Age

Experienced Management: 513023's management team is seasoned and experienced (5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Ashok Devineni	Executive Chairman of the Board	32.2yrs	₹142.54m	1.61% ₹ 1.2b
Ashwin Devineni	CEO & Whole Time Director	6.8yrs	no data	2.36% ₹ 1.7b
Pinnamaneni Prasad	MD & Whole-Time Director	32.2yrs	₹142.54m	2.38% ₹ 1.7b
Gorthi Rama Prasad	Executive Director	20.9yrs	₹41.67m	0.12% ₹ 88.5m
Gururaj Kundargi	Additional Non-Executive Independent Director	5.8yrs	₹632.81k	no data
Shanti Bolleni	Additional Non-Executive Independent Director	4.6yrs	₹697.81k	0.014% ₹ 10.0m
Kode Prasad	Additional Non-Executive Independent Director	5.8yrs	₹727.81k	0.0019% ₹ 1.4m
Indra Alluri	Additional Non-Executive Independent Director	5.3yrs	₹672.81k	0.18% ₹ 131.8m

6.3yrs

Average Tenure

65.5yo

Average Age

Experienced Board: 513023's board of directors are considered experienced (6.3 years average tenure).

Nava Management

Management criteria checks 2/4

Key information

Recent management updates

Insufficient new directors

Nava Limited, Annual General Meeting, Aug 04, 2023

Nava Limited, Annual General Meeting, Aug 04, 2023

Nava Limited Announces Retirement of Balasubramaniam Srikanth as Independent Director

Insufficient new directors

Insufficient new directors

Recent updates

Third quarter 2024 earnings released: EPS: ₹22.63 (vs ₹16.82 in 3Q 2023)

Nava Limited to Report Q3, 2024 Results on Feb 02, 2024

Insufficient new directors

Nava Limited to Report Q2, 2024 Results on Nov 09, 2023

Nava Limited to Report Q1, 2024 Results on Aug 04, 2023

Upcoming dividend of ₹6.00 per share at 1.8% yield

Full year 2023 earnings released: EPS: ₹63.83 (vs ₹35.14 in FY 2022)

Nava Limited, Annual General Meeting, Aug 04, 2023

Nava Limited, Annual General Meeting, Aug 04, 2023

Nava Limited Announces Retirement of Balasubramaniam Srikanth as Independent Director

Investor sentiment improves as stock rises 21%

Full year 2023 earnings released: EPS: ₹63.83 (vs ₹35.14 in FY 2022)

Nava Limited Proposes Final Dividend for the Financial Year Ended March 31, 2023

Nava Limited to Report Q3, 2023 Results on Feb 03, 2023

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Now 20% undervalued after recent price drop

Insufficient new directors

Now 24% undervalued

Insufficient new directors

Nava Limited to Report Q2, 2023 Results on Nov 04, 2022

CEO & Whole Time Director recently sold ₹242m worth of stock

Investor sentiment improved over the past week

Nava Limited to Report Q1, 2023 Results on Aug 10, 2022

Upcoming dividend of ₹6.00 per share

Full year 2022 earnings released: EPS: ₹35.14 (vs ₹26.23 in FY 2021)

Nava Bharat Ventures Limited Proposes Dividend for the Financial Year Ended March 31, 2022

Now 20% undervalued

Insider recently bought ₹373k worth of stock

Investor sentiment deteriorated over the past week

Now 23% undervalued

Now 22% undervalued

Nava Bharat Ventures Limited Declares Final Dividend for the Financial Year Ended March 31, 2022

Full year 2022 earnings released: EPS: ₹35.14 (vs ₹26.23 in FY 2021)

Investor sentiment deteriorated over the past week

Nava Bharat Ventures Limited to Report Q4, 2022 Results on May 16, 2022

Nava Bharat Ventures Limited Provides Update on Court Case Concerning the Land Admeasuring About 64 Acres in the Machine Building Division of the Company, Nacharam, Hyderabad

Investor sentiment improved over the past week

Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

CEO & Whole Time Director recently bought ₹20m worth of stock

Second quarter 2022 earnings released: EPS ₹1.98 (vs ₹6.17 in 2Q 2021)

Insider recently bought ₹8.7m worth of stock

Executive Chairman of the Board recently bought ₹8.2m worth of stock

Investor sentiment deteriorated over the past week

Upcoming dividend of ₹2.50 per share

Independent Non-Executive Director D. Rao has left the company

First quarter 2022 earnings released: EPS ₹3.16 (vs ₹4.25 in 1Q 2021)

High number of new directors

Full year 2021 earnings released: EPS ₹26.23 (vs ₹24.25 in FY 2020)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

New 90-day high: ₹70.55

Price target lowered to ₹75.00

Third quarter 2021 earnings released: EPS ₹7.22 (vs ₹2.69 in 3Q 2020)

Revenue and earnings beat expectations

Nava Bharat Ventures Limited to Report Q3, 2021 Results on Feb 08, 2021

Investor sentiment improved over the past week

Investor sentiment improved over the past week

New 90-day high: ₹64.70

Nava Bharat Ventures Limited Announces Long Term Conversion Agreement for High Carbon Ferro Chrome with TSML

Earnings beat expectations, revenue disappoints

Second quarter 2021 earnings released: EPS ₹6.17

New 90-day low: ₹50.80

Nava Bharat Ventures Limited(BSE:513023) dropped from S&P Global BMI Index

Insider recently bought ₹601k worth of stock

New 90-day high - ₹65.00

Chief Financial Officer recently bought ₹265k worth of stock

First quarter earnings released