Solitaire Machine Tools Management
Management criteria checks 3/4
Solitaire Machine Tools' CEO is Hemendra Badani, appointed in Aug 2023, has a tenure of less than a year. total yearly compensation is ₹1.48M, comprised of 84.8% salary and 15.2% bonuses, including company stock and options. directly owns 0.046% of the company’s shares, worth ₹181.87K. The average tenure of the management team and the board of directors is 0.8 years and 5.1 years respectively.
Key information
Hemendra Badani
Chief executive officer
₹1.5m
Total compensation
| CEO salary percentage | 84.8% |
| CEO tenure | less than a year |
| CEO ownership | 0.05% |
| Management average tenure | less than a year |
| Board average tenure | 5.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | ₹18m |
| Jun 30 2023 | n/a | n/a | ₹17m |
| Mar 31 2023 | ₹1m | ₹1m | ₹16m |
| Dec 31 2022 | n/a | n/a | ₹12m |
| Sep 30 2022 | n/a | n/a | ₹12m |
| Jun 30 2022 | n/a | n/a | ₹14m |
| Mar 31 2022 | ₹1m | ₹1m | ₹11m |
| Dec 31 2021 | n/a | n/a | ₹20m |
| Sep 30 2021 | n/a | n/a | ₹17m |
| Jun 30 2021 | n/a | n/a | ₹12m |
| Mar 31 2021 | ₹1m | ₹900k | ₹14m |
| Dec 31 2020 | n/a | n/a | ₹1m |
| Sep 30 2020 | n/a | n/a | ₹3m |
| Jun 30 2020 | n/a | n/a | ₹4m |
| Mar 31 2020 | ₹1m | ₹1m | ₹7m |
| Dec 31 2019 | n/a | n/a | ₹10m |
| Sep 30 2019 | n/a | n/a | ₹9m |
| Jun 30 2019 | n/a | n/a | ₹13m |
| Mar 31 2019 | ₹1m | ₹1m | ₹12m |
| Mar 31 2018 | ₹2m | ₹1m | ₹19m |
Compensation vs Market: Hemendra's total compensation ($USD17.73K) is below average for companies of similar size in the Indian market ($USD39.30K).
Compensation vs Earnings: Hemendra's compensation has been consistent with company performance over the past year.
CEO
Hemendra Badani (70 yo)
less than a year
Tenure
₹1,479,560
Compensation
Mr. Hemendra Jayantilal Badani serves as the Vice Chairman and Managing Director at Solitaire Machine Tools Limited and served as its and Chief Financial Officer until August 31, 2023. He joined Solitaire...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CFO & Chairman | 14.3yrs | ₹1.53m | 17.43% ₹ 68.6m | |
| MD & Vice Chairman | less than a year | ₹1.48m | 0.046% ₹ 181.9k | |
| Whole Time Director | no data | ₹1.55m | 17.13% ₹ 67.4m | |
| Company Secretary & Compliance Officer | less than a year | no data | no data |
0.8yrs
Average Tenure
70yo
Average Age
Experienced Management: 522152's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CFO & Chairman | 14.3yrs | ₹1.53m | 17.43% ₹ 68.6m | |
| MD & Vice Chairman | no data | ₹1.48m | 0.046% ₹ 181.9k | |
| Whole Time Director | 14.3yrs | ₹1.55m | 17.13% ₹ 67.4m | |
| Non-Executive Director | no data | ₹20.00k | 0.11% ₹ 424.6k | |
| Non-Executive & Independent Director | 5.1yrs | ₹10.00k | no data | |
| Non-Executive & Independent Director | 5.1yrs | ₹20.00k | no data | |
| Non-Executive & Independent Director | 5yrs | ₹15.00k | no data |
5.1yrs
Average Tenure
61.5yo
Average Age
Experienced Board: 522152's board of directors are considered experienced (5.1 years average tenure).