Ultracab (India) Limited

BSE:538706 Stock Report

Market Cap: ₹1.6b

Ultracab (India) Management

Management criteria checks 3/4

Ultracab (India)'s CEO is Nitesh Vaghasiya, appointed in Aug 2014, has a tenure of 10.33 years. directly owns 19.01% of the company’s shares, worth ₹310.21M. The average tenure of the management team and the board of directors is 6.6 years and 3.8 years respectively.

Key information

Nitesh Vaghasiya

Chief executive officer

₹2.4m

Total compensation

CEO salary percentagen/a
CEO tenure10.3yrs
CEO ownership19.0%
Management average tenure6.6yrs
Board average tenure3.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Nitesh Vaghasiya's remuneration changed compared to Ultracab (India)'s earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

₹71m

Mar 31 2024₹2mn/a

₹60m

Dec 31 2023n/an/a

₹59m

Sep 30 2023n/an/a

₹59m

Jun 30 2023n/an/a

₹58m

Mar 31 2023₹2mn/a

₹58m

Dec 31 2022n/an/a

₹52m

Sep 30 2022n/an/a

₹44m

Jun 30 2022n/an/a

₹37m

Mar 31 2022₹2mn/a

₹31m

Dec 31 2021n/an/a

₹28m

Sep 30 2021n/an/a

₹25m

Jun 30 2021n/an/a

₹23m

Mar 31 2021₹2mn/a

₹20m

Dec 31 2020n/an/a

₹17m

Sep 30 2020n/an/a

₹13m

Jun 30 2020n/an/a

₹11m

Mar 31 2020₹2mn/a

₹10m

Dec 31 2019n/an/a

₹10m

Sep 30 2019n/an/a

₹12m

Jun 30 2019n/an/a

₹12m

Mar 31 2019n/an/a

₹12m

Dec 31 2018n/an/a

₹10m

Sep 30 2018n/an/a

₹9m

Jun 30 2018n/an/a

₹9m

Mar 31 2018₹1m₹1m

₹8m

Compensation vs Market: Nitesh's total compensation ($USD28.25K) is below average for companies of similar size in the Indian market ($USD42.37K).

Compensation vs Earnings: Nitesh's compensation has increased by more than 20% in the past year.

CEO

Nitesh Vaghasiya (51 yo)

10.3yrs

Tenure

₹2,400,000

Compensation

Mr. Nitesh Parshottambhai Vaghasiya has been the Managing Director and Chairman of Ultracab (India) Limited since August 2014. Mr. Vaghasiya has extensive experience in the field of engineering. He is the...

Leadership Team

NamePositionTenureCompensationOwnership
Nitesh Vaghasiya
Chairman & MD10.3yrs₹2.40m19.01%
₹ 310.2m
Pravin Pansuriya
CFO & Accounting Head6.6yrs₹534.00kno data
Brinda Mehta
Company Secretary & Compliance Officer1.3yrs₹112.00kno data
Pankaj Shingala
Whole Time Directorno data₹900.00k3.88%
₹ 63.4m

6.6yrs

Average Tenure

Experienced Management: 538706's management team is seasoned and experienced (6.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Nitesh Vaghasiya
Chairman & MD17yrs₹2.40m19.01%
₹ 310.2m
Pankaj Shingala
Whole Time Director13.8yrs₹900.00k3.88%
₹ 63.4m
Prashant Sawant
Non-Executive Independent Director5.3yrsno datano data
Aartiben Shingala
Non-Executive Non-Independent Director3.8yrsno datano data
Viralben Dave
Independent Directorless than a yearno datano data
Vipul Patel
Independent Directorless than a yearno datano data
Satish Kalkani
Independent Directorless than a yearno datano data

3.8yrs

Average Tenure

45yo

Average Age

Experienced Board: 538706's board of directors are considered experienced (3.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 08:52
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
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

Ultracab (India) Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution