Shanthi Gears Management

Management criteria checks 3/4

Shanthi Gears' CEO is Muthusamy Karunakaran, appointed in Jan 2014, has a tenure of 10.33 years. directly owns 0.2% of the company’s shares, worth ₹85.34M. The average tenure of the management team and the board of directors is 3.3 years and 3.3 years respectively.

Key information

Muthusamy Karunakaran

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	10.3yrs
CEO ownership	0.2%
Management average tenure	3.3yrs
Board average tenure	3.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Muthusamy Karunakaran's remuneration changed compared to Shanthi Gears's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	₹760m
Sep 30 2023	n/a	n/a	₹762m
Jun 30 2023	n/a	n/a	₹717m
Mar 31 2023	n/a	n/a	₹671m
Dec 31 2022	n/a	n/a	₹598m
Sep 30 2022	n/a	n/a	₹560m
Jun 30 2022	n/a	n/a	₹473m
Mar 31 2022	n/a	n/a	₹425m
Dec 31 2021	n/a	n/a	₹397m
Sep 30 2021	n/a	n/a	₹336m
Jun 30 2021	n/a	n/a	₹323m
Mar 31 2021	n/a	n/a	₹202m
Dec 31 2020	n/a	n/a	₹120m
Sep 30 2020	n/a	n/a	₹104m
Jun 30 2020	n/a	n/a	₹122m
Mar 31 2020	₹7m	₹7m	₹252m
Dec 31 2019	n/a	n/a	₹299m
Sep 30 2019	n/a	n/a	₹337m
Jun 30 2019	n/a	n/a	₹343m
Mar 31 2019	₹7m	₹1m	₹334m

Compensation vs Market: Insufficient data to establish whether Muthusamy's total compensation is reasonable compared to companies of similar size in the Indian market.

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

CEO

Muthusamy Karunakaran (50 yo)

10.3yrs

Tenure

₹7,317,000

Compensation

Mr. Muthusamy Karunakaran serves as the Chief Executive Officer at Shanthi Gears Limited since February 1, 2019 and serves as a Head of Operations & Technical since 2014 and also serves as its Additional a...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Muthusamy Karunakaran	CEO, Head of Operations & Technical Function and Additional & Whole-Time Director	10.3yrs	₹7.32m	0.20% ₹ 85.3m
Ranjan Pati	Chief Financial Officer	3.3yrs	no data	no data
Walter Vasanth PJ	Company Secretary & Compliance Officer	1.2yrs	no data	no data
Debashis Chattopadhyay	Head of Marketing	no data	no data	no data

3.3yrs

Average Tenure

Experienced Management: 522034's management team is considered experienced (3.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Muthusamy Karunakaran	CEO, Head of Operations & Technical Function and Additional & Whole-Time Director	3.3yrs	₹7.32m	0.20% ₹ 85.3m
Sangampalyam Sundararaman	Independent Non-Executive Director	6.3yrs	₹720.00k	no data
Arun Venkatachalam	Non-Executive Director	less than a year	no data	no data
Lakshminarayanan Ramkumar	Independent Director	2yrs	₹800.00k	no data
M. Arun Arunachalam	Non-Executive Chairman	3.3yrs	₹180.00k	no data
Soundara Kumar	Independent Non Executive Director	9.2yrs	₹780.00k	no data
Krishna Narayanaswamy	Independent Non-Executive Director	5.2yrs	₹680.00k	no data
J. Balamurugan	Independent Non-Executive Director	11.7yrs	₹800.00k	no data
Mukesh Ahuja	Non-Executive & Non-Independent Director	2.6yrs	no data	no data

3.3yrs

Average Tenure

56yo

Average Age

Experienced Board: 522034's board of directors are considered experienced (3.3 years average tenure).

Shanthi Gears Management

Management criteria checks 3/4

Key information

Recent management updates

Shanthi Gears Limited Announces Resignation of Manu Rahim Aksharam as Head Technology

High number of new directors

Shanthi Gears Limited, Annual General Meeting, Jul 21, 2023

Shanthi Gears Limited Announces Resignation of Mr. C Subramaniam, Company Secretary and Compliance Officer

Shanthi Gears Limited, Annual General Meeting, Jul 25, 2022

Shanthi Gears Limited Appoints M A M Arunachalam as Additional Director (Non-Executive, Non-Independent)

Recent updates

Upcoming dividend of ₹3.00 per share at 1.1% yield

Third quarter 2024 earnings released: EPS: ₹2.27 (vs ₹2.29 in 3Q 2023)

Shanthi Gears Limited Declares Interim Dividend for the Financial Year Ending 31 March, 2024, Payable on or Before 23 February 2024

Shanthi Gears Limited to Report Q3, 2024 Results on Jan 30, 2024

Investor sentiment improves as stock rises 20%

New minor risk - Share price stability

Investor sentiment improves as stock rises 17%

Second quarter 2024 earnings released: EPS: ₹2.74 (vs ₹2.16 in 2Q 2023)

Shanthi Gears Limited to Report Q2, 2024 Results on Oct 25, 2023

Shanthi Gears Limited Announces Resignation of Manu Rahim Aksharam as Head Technology

Shanthi Gears Limited Approves Final Dividend on the Equity Share Capital for the Financial Year Ended 31 March 2023

High number of new directors

Full year 2023 earnings released: EPS: ₹8.74 (vs ₹5.54 in FY 2022)

Upcoming dividend of ₹2.00 per share at 0.9% yield

Shanthi Gears Limited to Report Q1, 2024 Results on Jul 26, 2023

Shanthi Gears Limited Approves Final Dividend for the Financial Year Ended 31St March, 2023, on or Before 25 August, 2023

Full year 2023 earnings released: EPS: ₹8.74 (vs ₹5.54 in FY 2022)

Shanthi Gears Limited, Annual General Meeting, Jul 21, 2023

Upcoming dividend of ₹3.00 per share at 0.8% yield

Third quarter 2023 earnings released: EPS: ₹2.29 (vs ₹1.79 in 3Q 2022)

Shanthi Gears Limited Announces Resignation of Mr. C Subramaniam, Company Secretary and Compliance Officer

Shanthi Gears Limited to Report Q3, 2023 Results on Jan 25, 2023

Investor sentiment deteriorated over the past week

Second quarter 2023 earnings released: EPS: ₹2.16 (vs ₹1.03 in 2Q 2022)

Shanthi Gears Limited to Report Q2, 2023 Results on Oct 21, 2022

Investor sentiment improved over the past week

Shanthi Gears Approves Confirmation of the Interim Dividend

Shanthi Gears Limited to Report Q1, 2023 Results on Jul 25, 2022

Full year 2022 earnings released: EPS: ₹5.54 (vs ₹2.63 in FY 2021)

RIL, HPCL-Mittal Energy, Jindal Group Reportedly Among JBF Petro Suitors

Shanthi Gears Limited, Annual General Meeting, Jul 25, 2022

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Upcoming dividend of ₹2.50 per share

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

Shanthi Gears Limited Declares Interim Dividend for the Financial Year Ending March 31,2022, Payable on or Before February 28, 2022

Investor sentiment improved over the past week

Second quarter 2022 earnings released: EPS ₹1.03 (vs ₹0.86 in 2Q 2021)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Full year 2021 earnings released: EPS ₹2.63 (vs ₹3.28 in FY 2020)

Full year 2021 earnings released: EPS ₹2.63 (vs ₹3.28 in FY 2020)

Upcoming Dividend of ₹1.50 Per Share

Shanthi Gears Limited Appoints M A M Arunachalam as Additional Director (Non-Executive, Non-Independent)

Third quarter 2021 earnings released: EPS ₹1.00 (vs ₹0.79 in 3Q 2020)

Shanthi Gears Limited to Report Q3, 2021 Results on Feb 10, 2021

New 90-day high: ₹117

First half earnings released

Shanthi Gears Limited to Report Q2, 2021 Results on Oct 21, 2020

Shanthi Gears Limited to Report Q1, 2021 Results on Jul 21, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age