Sanghvi Movers Management
Management criteria checks 3/4
Sanghvi Movers' CEO is Rishi Sanghvi, appointed in Apr 2024, has a tenure of less than a year. total yearly compensation is ₹40.26M, comprised of 54.2% salary and 45.8% bonuses, including company stock and options. directly owns 28.82% of the company’s shares, worth ₹16.13B. The average tenure of the management team and the board of directors is 6.5 years and 5.2 years respectively.
Key information
Rishi Sanghvi
Chief executive officer
₹40.3m
Total compensation
| CEO salary percentage | 54.2% |
| CEO tenure | less than a year |
| CEO ownership | 28.8% |
| Management average tenure | 6.5yrs |
| Board average tenure | 5.2yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | ₹2b |
| Sep 30 2023 | n/a | n/a | ₹1b |
| Jun 30 2023 | n/a | n/a | ₹1b |
| Mar 31 2023 | ₹40m | ₹22m | ₹1b |
| Dec 31 2022 | n/a | n/a | ₹967m |
| Sep 30 2022 | n/a | n/a | ₹708m |
| Jun 30 2022 | n/a | n/a | ₹464m |
| Mar 31 2022 | ₹26m | ₹20m | ₹294m |
| Dec 31 2021 | n/a | n/a | ₹186m |
| Sep 30 2021 | n/a | n/a | -₹32m |
| Jun 30 2021 | n/a | n/a | -₹121m |
| Mar 31 2021 | ₹22m | ₹20m | -₹224m |
| Dec 31 2020 | n/a | n/a | -₹317m |
| Sep 30 2020 | n/a | n/a | -₹198m |
| Jun 30 2020 | n/a | n/a | -₹163m |
| Mar 31 2020 | ₹21m | ₹20m | -₹66m |
| Dec 31 2019 | n/a | n/a | -₹291m |
| Sep 30 2019 | n/a | n/a | -₹382m |
| Jun 30 2019 | n/a | n/a | -₹506m |
| Mar 31 2019 | ₹14m | ₹4m | -₹581m |
Compensation vs Market: Rishi's total compensation ($USD482.64K) is about average for companies of similar size in the Indian market ($USD374.66K).
Compensation vs Earnings: Rishi's compensation has increased by more than 20% in the past year.
CEO
Rishi Sanghvi (33 yo)
less than a year
Tenure
₹40,264,000
Compensation
Mr. Rishi Chandrakant Sanghvi has been Executive Director at Sanghvi Movers Limited since December 07, 2018 and its Managing Director since April 11, 2019. Mr. Sanghvi served as Manager of Business Develop...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Executive Director | less than a year | ₹40.26m | 28.82% ₹ 16.1b | |
| Chief Financial Officer | 6.5yrs | ₹27.10m | no data | |
| Company Secretary & Chief Compliance Officer | 13.4yrs | ₹2.74m | no data | |
| Vice President of Marketing & Operation | no data | ₹2.86m | no data | |
| General Manager of Accounts & Taxation | no data | ₹2.07m | no data | |
| Head of Transport | no data | ₹1.63m | no data |
6.5yrs
Average Tenure
52yo
Average Age
Experienced Management: 530073's management team is seasoned and experienced (6.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Executive Director | 5.4yrs | ₹40.26m | 28.82% ₹ 16.1b | |
| Independent Woman Director | 4.8yrs | ₹510.00k | 0.046% ₹ 25.9m | |
| Non-Executive Independent Director | 8.3yrs | ₹570.00k | no data | |
| Non Executive Non-Independent Woman Director | 5yrs | ₹480.00k | 1% ₹ 559.6m |
5.2yrs
Average Tenure
53yo
Average Age
Experienced Board: 530073's board of directors are considered experienced (5.2 years average tenure).