V-Guard Industries Limited

BSE:532953 Stock Report

Market Cap: ₹181.2b

V-Guard Industries Management

Management criteria checks 3/4

V-Guard Industries' CEO is Mithun Chittilappilly, appointed in Apr 2012, has a tenure of 12.67 years. total yearly compensation is ₹77.04M, comprised of 36.6% salary and 63.4% bonuses, including company stock and options. directly owns 24.76% of the company’s shares, worth ₹44.86B. The average tenure of the management team and the board of directors is 4.7 years and 4.4 years respectively.

Key information

Mithun Chittilappilly

Chief executive officer

₹77.0m

Total compensation

CEO salary percentage36.6%
CEO tenure12.7yrs
CEO ownership24.8%
Management average tenure4.7yrs
Board average tenure4.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mithun Chittilappilly's remuneration changed compared to V-Guard Industries's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹3b

Jun 30 2024n/an/a

₹3b

Mar 31 2024₹77m₹28m

₹3b

Dec 31 2023n/an/a

₹2b

Sep 30 2023n/an/a

₹2b

Jun 30 2023n/an/a

₹2b

Mar 31 2023₹69m₹24m

₹2b

Dec 31 2022n/an/a

₹2b

Sep 30 2022n/an/a

₹2b

Jun 30 2022n/an/a

₹3b

Mar 31 2022₹65m₹17m

₹2b

Dec 31 2021n/an/a

₹2b

Sep 30 2021n/an/a

₹2b

Jun 30 2021n/an/a

₹2b

Mar 31 2021₹52m₹14m

₹2b

Dec 31 2020n/an/a

₹2b

Sep 30 2020n/an/a

₹1b

Jun 30 2020n/an/a

₹1b

Mar 31 2020₹48m₹14m

₹2b

Dec 31 2019n/an/a

₹2b

Sep 30 2019n/an/a

₹2b

Jun 30 2019n/an/a

₹2b

Mar 31 2019₹42m₹11m

₹2b

Dec 31 2018n/an/a

₹1b

Sep 30 2018n/an/a

₹1b

Jun 30 2018n/an/a

₹1b

Mar 31 2018₹26m₹10m

₹1b

Compensation vs Market: Mithun's total compensation ($USD905.73K) is above average for companies of similar size in the Indian market ($USD470.45K).

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

CEO

Mithun Chittilappilly (44 yo)

12.7yrs

Tenure

₹77,044,000

Compensation

Mr. Mithun K. Chittilappilly has been the Managing Director and Executive Director of V-Guard Industries Limited since April 1, 2012 and April 01, 2003 respectively. Mr. Chittilappilly served as a Director...

Leadership Team

NamePositionTenureCompensationOwnership
Mithun Chittilappilly
MD & Executive Director12.7yrs₹77.04m24.76%
₹ 44.9b
Sudarshan Kasturi
Senior VP & CFO7.5yrs₹293.00k0.00097%
₹ 1.8m
Ramachandran Venkataraman
COO, Business Responsibility Head & Whole Time Director8.5yrs₹191.23mno data
Vikas Tak
Company Secretary & Compliance Officer1.8yrs₹52.00kno data
Antony Sebastian K.
Executive Director1.6yrs₹12.07mno data
Atul Singh
Chief Information Officerless than a yearno datano data
Roopak Ahluwalia
Sr GM & Head of Legalno datano datano data
Nandagopal Nair
Vice President of Brand & Communicationsno datano datano data
Vikram Singh
Sr General Manager & Head Salesno datano datano data
R. Balaji
Asst Vice President of Marketingno datano datano data
Venkateshwaran Sundaram
Vice President - HRno datano datano data
Amit Jain
Assistant VPno datano data0.0041%
₹ 7.4m

4.7yrs

Average Tenure

59yo

Average Age

Experienced Management: 532953's management team is considered experienced (4.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Mithun Chittilappilly
MD & Executive Director21.7yrs₹77.04m24.76%
₹ 44.9b
Ramachandran Venkataraman
COO, Business Responsibility Head & Whole Time Director11.5yrs₹191.23mno data
Antony Sebastian K.
Executive Director1.6yrs₹12.07mno data
Radha Unni
Independent Non-Executive Chairman6.3yrs₹1.58mno data
Kochouseph Chittilappilly
Chairman Emeritus4.7yrs₹15.49m18.45%
₹ 33.4b
Ishwar Subramanian
Independent Non-Executive Director1.6yrs₹400.00kno data
Biju Varkkey
Additional Independent Director3.6yrs₹1.00mno data
George Jacob
Independent Director4.2yrs₹1.38mno data

4.4yrs

Average Tenure

62.5yo

Average Age

Experienced Board: 532953's board of directors are considered experienced (4.4 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 11:35
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

V-Guard Industries Limited is covered by 34 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nitin BhasinAmbit Capital
Manish ValechaAnand Rathi Shares and Stock Brokers Limited
Ravi SwaminathanAvendus Spark