Solitaire Machine Tools Management

Management criteria checks 3/4

Solitaire Machine Tools' CEO is Hemandra Badani, appointed in Aug 2023, has a tenure of 1.25 years. directly owns 0.046% of the company’s shares, worth ₹204.95K. The average tenure of the management team and the board of directors is 1.3 years and 5.6 years respectively.

Key information

Hemandra Badani

Chief executive officer

₹1.7m

Total compensation

CEO salary percentage	n/a
CEO tenure	1.3yrs
CEO ownership	0.05%
Management average tenure	1.3yrs
Board average tenure	5.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Hemandra Badani's remuneration changed compared to Solitaire Machine Tools's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	₹20m
Jun 30 2024	n/a	n/a	₹19m
Mar 31 2024	₹2m	n/a	₹18m
Dec 31 2023	n/a	n/a	₹18m
Sep 30 2023	n/a	n/a	₹17m
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: Hemandra's total compensation ($USD20.34K) is below average for companies of similar size in the Indian market ($USD42.63K).

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

CEO

Hemandra Badani (71 yo)

1.3yrs

Tenure

₹1,717,278

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
Ashok Sheth	CFO & Chairman	14.8yrs	₹1.77m	17.43% ₹ 77.3m
Hemandra Badani	MD & Vice Chairman	1.3yrs	₹1.72m	0.046% ₹ 204.9k
Krishna Naik	Company Secretary & Compliance Officer	less than a year	₹143.72k	no data
Harsh Badani	Whole Time Director	no data	₹1.68m	17.13% ₹ 75.9m

1.3yrs

Average Tenure

71yo

Average Age

Experienced Management: 522152's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Ashok Sheth	CFO & Chairman	14.8yrs	₹1.77m	17.43% ₹ 77.3m
Hemandra Badani	MD & Vice Chairman	no data	₹1.72m	0.046% ₹ 204.9k
Harsh Badani	Whole Time Director	14.8yrs	₹1.68m	17.13% ₹ 75.9m
Bharatbhai Shah	Non-Executive & Independent Director	5.6yrs	₹30.00k	no data
Nishita Rajput	Non-Executive & Independent Director	5.6yrs	₹40.00k	no data
Kesha Thakkar	Non-Executive & Independent Director	5.5yrs	₹40.00k	no data

5.6yrs

Average Tenure

55.5yo

Average Age

Experienced Board: 522152's board of directors are considered experienced (5.6 years average tenure).

Solitaire Machine Tools Management

Management criteria checks 3/4

Key information

Recent management updates

Solitaire Machine Tools Limited Appoints Krishna Tejashkumar Naik as Company Secretary and Compliance Officer

Solitaire Machine Tools Limited Announces Resignation of Ashok J Sheth as Managing Director, effective 31 August, 2023

Solitaire Machine Tools Limited, Annual General Meeting, Jul 01, 2023

Less than half of directors are independent

Solitaire Machine Tools Limited Announces Appointment of Raman Prajapat as Company Secretary and Compliance Officer

Solitaire Machine Tools Limited, Annual General Meeting, Jul 16, 2022

Recent updates

Second quarter 2025 earnings released: EPS: ₹1.09 (vs ₹0.89 in 2Q 2024)

Solitaire Machine Tools Limited to Report Q2, 2025 Results on Nov 14, 2024

Investor sentiment improves as stock rises 21%

First quarter 2025 earnings released: EPS: ₹0.95 (vs ₹0.83 in 1Q 2024)

Solitaire Machine Tools Limited to Report Q1, 2025 Results on Aug 14, 2024

Upcoming dividend of ₹1.75 per share

Investor sentiment improves as stock rises 22%

Dividend increased to ₹1.75

Solitaire Machine Tools Limited Recommends Final Dividend for the Financial Year Ended 31 March, 2024

Solitaire Machine Tools Limited to Report Q4, 2024 Results on May 25, 2024

New minor risk - Share price stability

Investor sentiment improves as stock rises 34%

Investor sentiment improves as stock rises 18%

Third quarter 2024 earnings released: EPS: ₹0.79 (vs ₹0.65 in 3Q 2023)

Solitaire Machine Tools Limited to Report Q3, 2024 Results on Feb 08, 2024

New minor risk - Share price stability

Investor sentiment improves as stock rises 20%

Solitaire Machine Tools Limited Appoints Krishna Tejashkumar Naik as Company Secretary and Compliance Officer

Investor sentiment improves as stock rises 17%

First quarter 2024 earnings released: EPS: ₹0.83 (vs ₹0.59 in 1Q 2023)

Solitaire Machine Tools Limited Announces Resignation of Ashok J Sheth as Managing Director, effective 31 August, 2023

Investor sentiment improves as stock rises 26%

Solitaire Machine Tools Limited to Report Q1, 2024 Results on Aug 10, 2023

New major risk - Share price stability

Solitaire Machine Tools Limited Declares Dividend for the Financial Year Ended March 31, 2023

Upcoming dividend of ₹1.50 per share at 2.4% yield

Solitaire Machine Tools Limited, Annual General Meeting, Jul 01, 2023

Investor sentiment improves as stock rises 19%

Solitaire Machine Tools Limited Recommends Final Dividend for the Financial Year Ended 31 March, 2023

Full year 2023 earnings released: EPS: ₹3.51 (vs ₹2.32 in FY 2022)

Third quarter 2023 earnings released: EPS: ₹0.65 (vs ₹0.62 in 3Q 2022)

Solitaire Machine Tools Limited to Report Q3, 2023 Results on Feb 11, 2023

Less than half of directors are independent

Solitaire Machine Tools Limited to Report Q2, 2023 Results on Nov 14, 2022

Solitaire Machine Tools Limited Announces Appointment of Raman Prajapat as Company Secretary and Compliance Officer

First quarter 2023 earnings released: EPS: ₹0.59 (vs ₹0.23 loss in 1Q 2022)

Upcoming dividend of ₹1.20 per share

Solitaire Machine Tools Limited, Annual General Meeting, Jul 16, 2022

Full year 2022 earnings released: EPS: ₹2.32 (vs ₹3.12 in FY 2021)

Solitaire Machine Tools Limited Announces Resignation of Barkha Arora as Company Secretary and Compliance Officer Effective 15 June, 2022

Solitaire Machine Tools Limited to Report Q4, 2022 Results on May 30, 2022

Less than half of directors are independent

Investor sentiment improved over the past week

Investor sentiment improved over the past week

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

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Upcoming dividend of ₹1.00 per share

Investor sentiment improved over the past week

Full year 2021 earnings released: EPS ₹3.12 (vs ₹1.46 in FY 2020)

Solitaire Machine Tools Limited Recommends Dividend for the Financial Year Ended March 31, 2021

New 90-day low: ₹23.10

Third quarter 2021 earnings released: EPS ₹0.15 (vs ₹0.49 in 3Q 2020)

Solitaire Machine Tools Limited to Report Q3, 2021 Results on Feb 11, 2021

New 90-day high: ₹27.30

Market bids up stock over the past week

New 90-day high: ₹24.10

Second quarter 2021 earnings released: EPS ₹0.22

First quarter earnings released

Solitaire Machine Tools Limited to Report Q1, 2021 Results on Sep 07, 2020

Upcoming Dividend of ₹0.75 Per Share

New 90-day high - ₹22.25

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure