RMC Switchgears Management
Management criteria checks 3/4
RMC Switchgears' CEO is Ankit Agarwal, appointed in Apr 2024, has a tenure of less than a year. directly owns 11.26% of the company’s shares, worth ₹606.70M. The average tenure of the management team and the board of directors is 0.4 years and 5.9 years respectively.
Key information
Ankit Agarwal
Chief executive officer
₹2.7m
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | less than a year |
| CEO ownership | 11.3% |
| Management average tenure | less than a year |
| Board average tenure | 5.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2023 | n/a | n/a | ₹137m |
| Jun 30 2023 | n/a | n/a | ₹127m |
| Mar 31 2023 | ₹3m | n/a | ₹117m |
| Dec 31 2022 | n/a | n/a | ₹91m |
| Sep 30 2022 | n/a | n/a | ₹62m |
| Jun 30 2022 | n/a | n/a | ₹34m |
| Mar 31 2022 | ₹2m | n/a | ₹6m |
| Dec 31 2021 | n/a | n/a | ₹9m |
| Sep 30 2021 | n/a | n/a | ₹12m |
| Jun 30 2021 | n/a | n/a | ₹8m |
| Mar 31 2021 | ₹472k | ₹450k | ₹4m |
| Dec 31 2020 | n/a | n/a | ₹646k |
| Sep 30 2020 | n/a | n/a | -₹3m |
| Jun 30 2020 | n/a | n/a | -₹101k |
| Mar 31 2020 | ₹2m | ₹2m | ₹3m |
| Dec 31 2019 | n/a | n/a | ₹12m |
| Sep 30 2019 | n/a | n/a | ₹22m |
| Jun 30 2019 | n/a | n/a | ₹30m |
| Mar 31 2019 | ₹2m | ₹2m | ₹38m |
Compensation vs Market: Ankit's total compensation ($USD32.36K) is about average for companies of similar size in the Indian market ($USD39.29K).
Compensation vs Earnings: Ankit's compensation has been consistent with company performance over the past year.
CEO
Ankit Agarwal (41 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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Whole-Time Director | less than a year | ₹2.70m | 11.26% ₹ 606.7m | |
| Executive Director | 7.9yrs | ₹1.88m | 6.84% ₹ 368.5m | |
| Chief Financial Officer | less than a year | no data | no data | |
| Head of Technical | no data | no data | no data | |
| Company Secretary & Compliance Officer | less than a year | no data | no data | |
| Deputy General Manager of Sales | no data | no data | no data | |
| Assistant Manager of Sales & Marketing | no data | no data | no data | |
| Deputy General Manager of HR | no data | no data | no data |
0.4yrs
Average Tenure
41yo
Average Age
Experienced Management: 540358's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Whole-Time Director | 15.5yrs | ₹2.70m | 11.26% ₹ 606.7m | |
| Executive Director | 7.9yrs | ₹1.88m | 6.84% ₹ 368.5m | |
| Chairman | 29.8yrs | ₹3.00m | 26.63% ₹ 1.4b | |
| Non-Executive Independent Director | 3.8yrs | no data | no data | |
| Non-Executive Independent Director | 3.8yrs | no data | no data | |
| Non Executive Independent Director | 1.8yrs | no data | no data |
5.9yrs
Average Tenure
44yo
Average Age
Experienced Board: 540358's board of directors are considered experienced (5.9 years average tenure).