Windsor Machines Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Vinay Bansod

Chief executive officer

₹9.3m

Total compensation

CEO salary percentage	100.0%
CEO tenure	3.3yrs
CEO ownership	n/a
Management average tenure	3.3yrs
Board average tenure	7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Vinay Bansod's remuneration changed compared to Windsor Machines's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	-₹77m
Dec 31 2023	n/a	n/a	₹91m
Sep 30 2023	n/a	n/a	₹70m
Jun 30 2023	n/a	n/a	₹118m
Mar 31 2023	₹9m	₹9m	₹47m
Dec 31 2022	n/a	n/a	₹54m
Sep 30 2022	n/a	n/a	₹92m
Jun 30 2022	n/a	n/a	-₹2m
Mar 31 2022	₹7m	₹7m	₹23m

Compensation vs Market: Vinay's total compensation ($USD109.99K) is above average for companies of similar size in the Indian market ($USD37.28K).

Compensation vs Earnings: Vinay's compensation has increased whilst the company is unprofitable.

CEO

Vinay Bansod (52 yo)

3.3yrs

Tenure

₹9,250,000

Compensation

Mr. Vinay Bansod serves as Whole Time Director & Chief Executive Officer at Windsor Machines Limited since May 13, 2021 and is associated with the Company from February 01, 2011. He is a bachelor of engine...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Vinay Bansod	CEO & Whole Time Director	3.3yrs	₹9.25m	no data
Anand Jain	Chief Financial Officer	3.8yrs	₹4.42m	no data
Nikhil Kumar Vadera	Company Secretary & Compliance Officer	1.5yrs	₹353.00k	no data

3.3yrs

Average Tenure

Experienced Management: 522029's management team is considered experienced (3.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Vinay Bansod	CEO & Whole Time Director	3.3yrs	₹9.25m	no data
Shishir Dalal	Independent Non-Executive Director	11.1yrs	₹710.00k	0.00023% ₹ 24.1k
Manoj Lodha	Non-Executive Independent Director	4.1yrs	₹710.00k	0.00031% ₹ 32.4k
Mahendra Arora	Independent Non-Executive Director	16.9yrs	₹550.00k	no data
Mahua Chowdhury	Independent Non-Executive Director	10yrs	₹710.00k	no data
Avinash Jain	Non-Executive and Non-Independent Director	less than a year	no data	no data

7.0yrs

Average Tenure

56yo

Average Age

Experienced Board: 522029's board of directors are considered experienced (7 years average tenure).

Windsor Machines Management

Management criteria checks 2/4

Key information

Recent management updates

Insufficient new directors

Windsor Machines Limited Announces Resignation of Mr. Jayant Thakur as Non-Executive, Non- Independent Director

Windsor Machines Limited, Annual General Meeting, Sep 29, 2023

Windsor Machines Limited, Annual General Meeting, Sep 29, 2023

Windsor Machines Limited Appoints Nikhilkumar Vadera as Company Secretary and Compliance Officer

Windsor Machines Limited Announces Resignation of Deepak Vyas as the Company Secretary & Compliance Officer

Recent updates

Now 23% undervalued

Plutus Investments and Holding Private Limited signed share purchase agreement to acquire 53.9% stake in Windsor Machines Limited (BSE:522029) from Castle Equipments Pvt Ltd for INR 3.5 billion.

Plutus Investments and Holding Private Limited signed share purchase agreement to acquire 53.9% stake in Windsor Machines Limited (BSE:522029) from Castle Equipments Pvt Ltd for INR 3.5 billion.

Insufficient new directors

Windsor Machines Limited Approves Recommendation of Final Dividend for the Year Ended March 31, 2024

Full year 2024 earnings released: ₹1.19 loss per share (vs ₹0.72 profit in FY 2023)

Windsor Machines Limited to Report Q4, 2024 Results on May 28, 2024

Investor sentiment improves as stock rises 20%

Investor sentiment improves as stock rises 15%

Investor sentiment improves as stock rises 15%

Investor sentiment deteriorates as stock falls 16%

Third quarter 2024 earnings released: EPS: ₹0.26 (vs ₹0.06 loss in 3Q 2023)

Windsor Machines Limited to Report Q3, 2024 Results on Feb 09, 2024

Windsor Machines Limited Announces Resignation of Mr. Jayant Thakur as Non-Executive, Non- Independent Director

New minor risk - Share price stability

Second quarter 2024 earnings released: EPS: ₹0.22 (vs ₹0.97 in 2Q 2023)

Windsor Machines Limited to Report Q2, 2024 Results on Nov 06, 2023

Investor sentiment improves as stock rises 16%

Upcoming dividend of ₹1.00 per share at 1.5% yield

Windsor Machines Limited, Annual General Meeting, Sep 29, 2023

Windsor Machines Limited, Annual General Meeting, Sep 29, 2023

First quarter 2024 earnings released: ₹0.52 loss per share (vs ₹1.62 loss in 1Q 2023)

Windsor Machines Limited to Report Q1, 2024 Results on Aug 09, 2023

Windsor Machines Limited Launches Three New Products Star-200, KL-2000, and KL-2300

New minor risk - Share price stability

Investor sentiment improves as stock rises 17%

Full year 2023 earnings released: EPS: ₹0.71 (vs ₹0.35 in FY 2022)

Windsor Machines Limited Recommends Final Dividend for the Financial Year 2022-23

Windsor Machines Limited to Report Q4, 2023 Results on May 25, 2023

Windsor Machines Limited Appoints Nikhilkumar Vadera as Company Secretary and Compliance Officer

Third quarter 2023 earnings released: ₹0.06 loss per share (vs ₹0.52 profit in 3Q 2022)

Windsor Machines Limited to Report Q3, 2023 Results on Feb 12, 2023

Windsor Machines Limited Develops New Product KL-1600

Investor sentiment improved over the past week

Windsor Machines Limited Announces Resignation of Deepak Vyas as the Company Secretary & Compliance Officer

Investor sentiment deteriorated over the past week

Second quarter 2023 earnings released: EPS: ₹0.97 (vs ₹0.48 loss in 2Q 2022)

Windsor Machines Limited Announces Resignation of Mr. Deepak Vyas as Company Secretary & Compliance Officer, Effective on December 26, 2022

Windsor Machines Limited to Report Q2, 2023 Results on Nov 14, 2022

Upcoming dividend of ₹1.00 per share

Windsor Machines Limited, Annual General Meeting, Sep 30, 2022

Windsor Machines Limited, Annual General Meeting, Sep 30, 2022

Windsor Machines Limited Recommends Final Dividend for the Fiscal Year 2021-2022

First quarter 2023 earnings released: ₹1.62 loss per share (vs ₹1.24 loss in 1Q 2022)

Windsor Machines Limited Recommends Final Dividend for the Financial Year 2021-22

Full year 2022 earnings released: EPS: ₹0.34 (vs ₹1.67 in FY 2021)

Windsor Machines Limited to Report Q4, 2022 Results on May 10, 2022

Windsor Machines Limited Develops New Product Sprint- 800

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Investor sentiment improved over the past week

Second quarter 2022 earnings released: ₹0.48 loss per share (vs ₹0.20 profit in 2Q 2021)

Company Secretary & Compliance Officer Priti Patel has left the company

Investor sentiment improved over the past week

Full year 2021 earnings released: EPS ₹1.66 (vs ₹1.13 loss in FY 2020)

CEO & Executive Director Rajan Shankar Tarakhad has left the company

New 90-day high: ₹24.65

New 90-day high: ₹20.55

Third quarter 2021 earnings released: EPS ₹0.92 (vs ₹0.02 in 3Q 2020)

Windsor Machines Limited Announces Resignation of T. S. Rajan as Executive Director

Windsor Machines Limited to Report Q3, 2021 Results on Feb 04, 2021

New 90-day high: ₹17.78

Windsor Machines Limited Appoints Anand Jain as Chief Financial Officer

Second quarter 2021 earnings released: EPS ₹0.20

First quarter earnings released

Windsor Machines Limited Appoints Manoj Lalchand Lodha as Additional Director (Non-Executive Independent Director)

Full year earnings released - ₹1.16 loss per share

New 90-day high - ₹17.50