Vascon Engineers Management

Management criteria checks 3/4

Vascon Engineers' CEO is Santosh Sundararajan, appointed in Nov 2011, has a tenure of 12.42 years. total yearly compensation is ₹43.41M, comprised of 62.8% salary and 37.2% bonuses, including company stock and options. directly owns 4.31% of the company’s shares, worth ₹698.43M. The average tenure of the management team and the board of directors is 6 years and 4.5 years respectively.

Key information

Santosh Sundararajan

Chief executive officer

₹43.4m

Total compensation

CEO salary percentage	62.8%
CEO tenure	12.4yrs
CEO ownership	4.3%
Management average tenure	6yrs
Board average tenure	4.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Santosh Sundararajan's remuneration changed compared to Vascon Engineers's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	₹988m
Sep 30 2023	n/a	n/a	₹966m
Jun 30 2023	n/a	n/a	₹1b
Mar 31 2023	₹43m	₹27m	₹975m
Dec 31 2022	n/a	n/a	₹599m
Sep 30 2022	n/a	n/a	₹723m
Jun 30 2022	n/a	n/a	₹538m
Mar 31 2022	₹64m	₹27m	₹352m
Dec 31 2021	n/a	n/a	₹271m
Sep 30 2021	n/a	n/a	₹37m
Jun 30 2021	n/a	n/a	-₹100m
Mar 31 2021	₹36m	n/a	-₹408m
Dec 31 2020	n/a	n/a	-₹439m
Sep 30 2020	n/a	n/a	-₹189m
Jun 30 2020	n/a	n/a	-₹33m
Mar 31 2020	₹41m	₹41m	₹396m
Dec 31 2019	n/a	n/a	₹421m
Sep 30 2019	n/a	n/a	₹160m
Jun 30 2019	n/a	n/a	₹128m
Mar 31 2019	₹41m	₹41m	₹68m
Mar 31 2018	₹127m	₹127m	₹47m

Compensation vs Market: Santosh's total compensation ($USD520.36K) is above average for companies of similar size in the Indian market ($USD186.77K).

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

CEO

Santosh Sundararajan (47 yo)

12.4yrs

Tenure

₹43,410,000

Compensation

Dr. Santosh Sundararajan has been the Group Chief Executive Officer of Vascon Engineers Limited., since November 11, 2011 and serves as its Additional Whole Time Director since May 31, 2021. He has been wi...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Santosh Sundararajan	Group CEO & Whole Time Director	12.4yrs	₹43.41m	4.31% ₹ 698.4m
Somnath Biswas	President of Finance & Accounts and CFO	4.6yrs	₹6.67m	0.51% ₹ 83.3m
Sarita Ahuja	Company Secretary & Compliance Officer	1.2yrs	₹1.34m	no data
Siddharth Moorthy	MD & Executive Director	6yrs	₹48.48m	1.88% ₹ 305.3m
Santosh Pawar	Vice President of Technical Service	no data	₹4.79m	0.085% ₹ 13.8m
Rathika Kariappa	Assistant Vice President of Human Resource & Administration	no data	₹4.86m	0.011% ₹ 1.8m
Anjali Sumant	Vice President of Sales & Marketing	no data	₹3.24m	no data
Sanjay Muttepawar	Director of Projects	no data	₹6.08m	0.21% ₹ 33.7m
Tanaji Atole	Director of Projects	no data	₹6.05m	0.19% ₹ 30.6m
Vivekanand Botre	Director of Projects	no data	₹5.86m	0.19% ₹ 31.4m
Prasad Hinge	Assistant Vice President of Contracts & Estimation and Purchase Utilities	no data	no data	no data
Rajesh Mhatre	Chief Executive Officer of Real Estate	7.3yrs	₹28.02m	no data

6.0yrs

Average Tenure

47yo

Average Age

Experienced Management: 533156's management team is seasoned and experienced (6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Santosh Sundararajan	Group CEO & Whole Time Director	2.9yrs	₹43.41m	4.31% ₹ 698.4m
Siddharth Moorthy	MD & Executive Director	6.1yrs	₹48.48m	1.88% ₹ 305.3m
Kulumani Krishnamurthy	Non-Executive & Independent Director	17.8yrs	₹525.00k	no data
Vasudevan Ramamoorthy	Chairman Emeritus	2.8yrs	₹18.46m	9.03% ₹ 1.5b
Sowmya Iyer	Non Executive Non Independent Director	9.1yrs	₹425.00k	1.32% ₹ 214.6m
Mukesh Malhotra	Independent Chairman	7.9yrs	₹525.00k	0.0025% ₹ 405.6k
Tara Subramaniam	Additional Non-Executive Independent Women Director	1.1yrs	₹200.00k	no data
Sankaramahalingam Balasubramanian	Non-Executive Independent Director	2.4yrs	₹525.00k	no data

4.5yrs

Average Tenure

57yo

Average Age

Experienced Board: 533156's board of directors are considered experienced (4.5 years average tenure).

Vascon Engineers Management

Management criteria checks 3/4

Key information

Recent management updates

Group CEO & Whole Time Director recently sold ₹30m worth of stock

Insider recently sold ₹1.2m worth of stock

Insider recently sold ₹1.3m worth of stock

Insider recently sold ₹1.6m worth of stock

Director of Projects recently sold ₹2.6m worth of stock

Insider recently sold ₹3.8m worth of stock

Recent updates

Investor sentiment improves as stock rises 20%

Group CEO & Whole Time Director recently sold ₹30m worth of stock

Insider recently sold ₹1.2m worth of stock

Investor sentiment deteriorates as stock falls 20%

Insider recently sold ₹1.3m worth of stock

Insider recently sold ₹1.6m worth of stock

Third quarter 2024 earnings released: EPS: ₹0.84 (vs ₹0.75 in 3Q 2023)

Vascon Engineers Limited to Report Q3, 2024 Results on Feb 07, 2024

Investor sentiment improves as stock rises 16%

New minor risk - Share price stability

Director of Projects recently sold ₹2.6m worth of stock

Insider recently sold ₹3.8m worth of stock

Vascon Engineers Limited has filed a Follow-on Equity Offering in the amount of INR 1.25 billion.

Vascon Engineers Limited has filed a Follow-on Equity Offering in the amount of INR 125 billion.

Vice President of Technical Service recently sold ₹3.9m worth of stock

Second quarter 2024 earnings released: EPS: ₹0.94 (vs ₹1.04 in 2Q 2023)

Vascon Engineers Limited to Report Q2, 2024 Results on Nov 07, 2023

Investor sentiment improves as stock rises 16%

Insider recently sold ₹1.8m worth of stock

Vascon Engineers Limited, Annual General Meeting, Sep 26, 2023

President of Finance & Accounts and CFO recently sold ₹9.0m worth of stock

Investor sentiment improves as stock rises 19%

Upcoming dividend of ₹0.25 per share at 1.0% yield

Vascon Engineers Limited Declares Interim Dividend

New minor risk - Dividend sustainability

Investor sentiment improves as stock rises 20%

Vascon Engineers Limited to Report Q1, 2024 Results on Aug 08, 2023

Director of Projects recently sold ₹1.1m worth of stock

Director of Projects recently sold ₹2.7m worth of stock

Investor sentiment improves as stock rises 17%

Group CEO & Whole Time Director recently sold ₹52m worth of stock

Now 21% undervalued

Full year 2023 earnings released: EPS: ₹4.49 (vs ₹1.76 in FY 2022)

Investor sentiment improves as stock rises 23%

Vascon Engineers Limited to Report Q4, 2023 Results on May 15, 2023

Third quarter 2023 earnings released: EPS: ₹0.75 (vs ₹1.34 in 3Q 2022)

Vascon Engineers Announces Executive Changes

Vascon Engineers Limited to Report Q3, 2023 Results on Jan 30, 2023

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Insider recently sold ₹1.1m worth of stock

Second quarter 2023 earnings released: EPS: ₹1.04 (vs ₹0.19 in 2Q 2022)

Vascon Engineers Limited to Report Q2, 2023 Results on Nov 07, 2022

Vascon Engineers Limited Appoints Sarikaramahalingam Balasubramanian as Non-Executive Independent Director

Insider recently sold ₹1.0m worth of stock

Vascon Engineers Limited, Annual General Meeting, Sep 28, 2022

First quarter 2023 earnings released: EPS: ₹0.49 (vs ₹0.39 loss in 1Q 2022)

Vascon Engineers Limited to Report Q1, 2023 Results on Aug 02, 2022

Full year 2022 earnings released: EPS: ₹1.76 (vs ₹2.27 loss in FY 2021)

Vascon Engineers Limited to Report Q4, 2022 Results on May 23, 2022

Investor sentiment improved over the past week

Royal Orchid Hotels Limited (BSE : 532699) completed the acquisition of remaining 50% stake in Cosmos Premises Pvt Ltd from Vascon Engineers Limited (NSEI : VASCONEQ) and Conamore Resorts Private Limited.

Vascon Engineers Limited (NSEI:VASCONEQ) completed the acquisition of 92% stake in River Shore Developers Private Limited from Royal Orchid Hotels Limited (BSE:532699).

Investor sentiment deteriorated over the past week

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

Insider recently sold ₹1.8m worth of stock

Insider recently sold ₹1.5m worth of stock

Second quarter 2022 earnings released: EPS ₹0.19 (vs ₹0.61 loss in 2Q 2021)

Insider recently sold ₹497k worth of stock

Insider recently sold ₹128k worth of stock

Insider recently sold ₹393k worth of stock

Royal Orchid Hotels Limited (BSE : 532699) have entered into a Memorandum of Understanding to acquire remaining 50% stake in Cosmos Premises Pvt Ltd from Vascon Engineers Limited (NSEI : VASCONEQ) and Conamore Resorts Private Limited for approximately INR 530 million.

First quarter 2022 earnings released: ₹0.39 loss per share (vs ₹2.07 loss in 1Q 2021)

Vascon Engineers Limited announced that it expects to receive INR 699.99989 million in funding from Ajinkya Mercantile Private Limited, Crest Ventures Limited, MC Jain Developers Private Limited, Radhakrishna Ramnarain Private Limited, Sapientia Holdings LLP, and other investors

Full year 2021 earnings released: ₹2.27 loss per share (vs ₹2.22 profit in FY 2020)

Insider recently sold ₹1.0m worth of stock

Non Executive Non Independent Director recently bought ₹11m worth of stock

New 90-day high: ₹18.55

Third quarter 2021 earnings released: EPS ₹0.25 (vs ₹1.71 in 3Q 2020)