Pitti Engineering Limited

BSE:513519 Stock Report

Market Cap: ₹48.7b

Pitti Engineering Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Sharad Pitti

Chief executive officer

₹9.9m

Total compensation

CEO salary percentage100.0%
CEO tenure41.2yrs
CEO ownership17.5%
Management average tenure1.3yrs
Board average tenure4.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Sharad Pitti's remuneration changed compared to Pitti Engineering's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

₹968m

Mar 31 2024₹10m₹10m

₹902m

Dec 31 2023n/an/a

₹747m

Sep 30 2023n/an/a

₹735m

Jun 30 2023n/an/a

₹611m

Mar 31 2023₹10m₹10m

₹588m

Dec 31 2022n/an/a

₹538m

Sep 30 2022n/an/a

₹532m

Jun 30 2022n/an/a

₹562m

Mar 31 2022₹10m₹10m

₹519m

Dec 31 2021n/an/a

₹531m

Sep 30 2021n/an/a

₹488m

Jun 30 2021n/an/a

₹459m

Mar 31 2021₹10m₹10m

₹288m

Dec 31 2020n/an/a

₹91m

Sep 30 2020n/an/a

₹59m

Jun 30 2020n/an/a

₹28m

Mar 31 2020₹7m₹5m

₹171m

Dec 31 2019n/an/a

₹222m

Sep 30 2019n/an/a

₹232m

Jun 30 2019n/an/a

₹242m

Mar 31 2019₹5m₹5m

₹237m

Dec 31 2018n/an/a

₹199m

Sep 30 2018n/an/a

₹174m

Jun 30 2018n/an/a

₹128m

Mar 31 2018₹5m₹5m

₹113m

Compensation vs Market: Sharad's total compensation ($USD117.16K) is below average for companies of similar size in the Indian market ($USD269.25K).

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


CEO

Sharad Pitti (67 yo)

41.2yrs

Tenure

₹9,878,000

Compensation

Mr. Sharad Badrivishal Pitti serves as the Chairman and Managing Director at Pitti Engineering Limited (formerly known as Pitti Laminations Limited). Mr. Pitti serves as the Chairman at Pitti Castings Pvt...


Leadership Team

NamePositionTenureCompensationOwnership
Sharad Pitti
Chairman & MDno data₹9.88m17.52%
₹ 8.5b
Akshay Pitti
Vice Chairman & MD20.1yrs₹9.88m12.02%
₹ 5.9b
M. Pavankumar
Chief Financial Officer2yrsno datano data
Rishab Gupta
Chief Procurement & Technology Officerless than a yearno datano data
Mary Braganza
Company Secretary & Compliance Officer6.9yrs₹1.78mno data
Sandip Agarwala
COO of Motor & Generator Components Businessless than a yearno datano data
Varun Agarwal
COO of Machined Components Businessless than a yearno datano data

1.3yrs

Average Tenure

42.5yo

Average Age

Experienced Management: 513519's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Sharad Pitti
Chairman & MD41.2yrs₹9.88m17.52%
₹ 8.5b
Akshay Pitti
Vice Chairman & MD20.1yrs₹9.88m12.02%
₹ 5.9b
Priti Savla
Independent Directorless than a yearno datano data
Swaminathan Thiagarajan
Non-Executive Independent Director9.6yrs₹550.00kno data
Vinod Nagururu
Independent Directorless than a yearno datano data
Kemisha Soni
Independent Directorless than a yearno datano data

4.9yrs

Average Tenure

57yo

Average Age

Experienced Board: 513519's board of directors are considered experienced (4.9 years average tenure).