RMC Switchgears Limited

BSE:540358 Stock Report

Market Cap: ₹11.5b

RMC Switchgears Management

Management criteria checks 1/4

RMC Switchgears' CEO is Ankit Agarwal, appointed in Apr 2024, has a tenure of less than a year. directly owns 9.75% of the company’s shares, worth ₹1.12B. The average tenure of the management team and the board of directors is 0.7 years and 1.5 years respectively.

Key information

Ankit Agarwal

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenureless than a year
CEO ownership9.7%
Management average tenureless than a year
Board average tenure1.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ankit Agarwal's remuneration changed compared to RMC Switchgears's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹170m

Jun 30 2024n/an/a

₹160m

Mar 31 2024n/an/a

₹149m

Dec 31 2023n/an/a

₹143m

Sep 30 2023n/an/a

₹137m

Jun 30 2023n/an/a

₹127m

Mar 31 2023₹3mn/a

₹117m

Dec 31 2022n/an/a

₹91m

Sep 30 2022n/an/a

₹62m

Jun 30 2022n/an/a

₹34m

Mar 31 2022₹2mn/a

₹6m

Dec 31 2021n/an/a

₹9m

Sep 30 2021n/an/a

₹12m

Jun 30 2021n/an/a

₹8m

Mar 31 2021₹472k₹450k

₹4m

Dec 31 2020n/an/a

₹646k

Sep 30 2020n/an/a

-₹3m

Jun 30 2020n/an/a

-₹101k

Mar 31 2020₹2m₹2m

₹3m

Dec 31 2019n/an/a

₹12m

Sep 30 2019n/an/a

₹22m

Jun 30 2019n/an/a

₹30m

Mar 31 2019₹2m₹2m

₹38m

Compensation vs Market: Insufficient data to establish whether Ankit's total compensation is reasonable compared to companies of similar size in the Indian market.

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

CEO

Ankit Agarwal (42 yo)

less than a year

Tenure

₹2,700,000

Compensation

Mr. Ankit Agarwal serves as a Whole-Time Director of RMC Switchgears Limited since November 20, 2008 and serveD as Chief Financial Officer since August 1, 2021 until April 1, 2024 and serves as Chief Execu...

Leadership Team

NamePositionTenureCompensationOwnership
Anand Chaturvedi
CFO & Compliance Officerless than a year₹1.43mno data
Ankit Agarwal
CEO & Whole-Time Directorless than a year₹2.70m9.75%
₹ 1.1b
Dinesh Modi
Head of Technicalno datano datano data
Sudhir Bishnoi
Deputy General Manager of Salesno datano datano data
Vivek Kumar
Assistant Manager of Sales & Marketingno datano datano data
Radhamohan Gupta
Deputy General Manager of HRno datano datano data
Neha Agarwal
Executive Director8.5yrs₹1.88m6.84%
₹ 785.5m
Akhilesh Jain
Additional Executive Directorless than a yearno datano data

0.7yrs

Average Tenure

42yo

Average Age

Experienced Management: 540358's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Ankit Agarwal
CEO & Whole-Time Director16.1yrs₹2.70m9.75%
₹ 1.1b
Neha Agarwal
Executive Director8.5yrs₹1.88m6.84%
₹ 785.5m
Akhilesh Jain
Additional Executive Directorless than a yearno datano data
Ashok Agarwal
Chairman30.3yrs₹3.00m26.63%
₹ 3.1b
Kuldeep Gupta
Non-Executive Independent Director4.4yrsno datano data
Krati Agarwal
Non-Executive Independent Director4.4yrsno datano data
Shriram Mane
Non Executive Independent Director2.3yrsno datano data
Pengyue Guo
Non-Independent Directorless than a yearno datano data
Lei Xie
Independent Directorless than a yearno datano data
Gang Chen
Independent Directorless than a yearno datano data
Gang Li
Non-Independent Directorless than a yearno datano data
Zhao Wang
Non-Independent Directorless than a yearno datano data

1.5yrs

Average Tenure

45yo

Average Age

Experienced Board: 540358's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 14:51
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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

RMC Switchgears 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