MTAR Technologies Management
Management criteria checks 3/4
MTAR Technologies' CEO is Parvat Reddy, appointed in Sep 2020, has a tenure of 3.58 years. total yearly compensation is ₹33.60M, comprised of 42.9% salary and 57.1% bonuses, including company stock and options. directly owns 4.53% of the company’s shares, worth ₹2.62B. The average tenure of the management team and the board of directors is 2.4 years and 3.3 years respectively.
Key information
Parvat Reddy
Chief executive officer
₹33.6m
Total compensation
| CEO salary percentage | 42.9% |
| CEO tenure | 3.6yrs |
| CEO ownership | 4.5% |
| Management average tenure | 2.4yrs |
| Board average tenure | 3.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | ₹823m |
| Sep 30 2023 | n/a | n/a | ₹1b |
| Jun 30 2023 | n/a | n/a | ₹1b |
| Mar 31 2023 | ₹34m | ₹14m | ₹1b |
| Dec 31 2022 | n/a | n/a | ₹922m |
| Sep 30 2022 | n/a | n/a | ₹740m |
| Jun 30 2022 | n/a | n/a | ₹684m |
| Mar 31 2022 | ₹24m | ₹14m | ₹609m |
| Dec 31 2021 | n/a | n/a | ₹591m |
| Sep 30 2021 | n/a | n/a | ₹546m |
| Jun 30 2021 | n/a | n/a | ₹495m |
| Mar 31 2021 | ₹172m | ₹134m | ₹461m |
| Dec 31 2020 | n/a | n/a | ₹369m |
| Mar 31 2020 | ₹40k | n/a | ₹313m |
Compensation vs Market: Parvat's total compensation ($USD402.90K) is about average for companies of similar size in the Indian market ($USD381.51K).
Compensation vs Earnings: Parvat's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Parvat Reddy (58 yo)
3.6yrs
Tenure
₹33,600,000
Compensation
Mr. Parvat Srinivas Reddy serves as the Executive Director of Ravileela Granites Ltd since April 01, 2018 and served as its Managing Director until September 05, 2020. Mr. Reddy serves as Managing Director...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 3.6yrs | ₹33.60m | 4.53% ₹ 2.6b | |
| Chief Financial Officer | 2.4yrs | ₹16.80m | no data | |
| Compliance Officer & Company Secretary | 3.5yrs | ₹1.16m | no data | |
| Whole Time Director | 1.7yrs | ₹3.60m | no data | |
| VP & Whole Time Director | 1.7yrs | ₹5.57m | no data | |
| Chief Operations Officer | less than a year | no data | no data | |
| Vice President of Human Resources | 4.3yrs | ₹3.29m | no data | |
| Senior Vice President of Quality | no data | no data | no data | |
| Head SCM | no data | no data | no data | |
| Senior Vice President of Civil Nuclear Power & Products | no data | no data | no data | |
| Vice President | no data | no data | no data | |
| Vice President | no data | no data | no data |
2.4yrs
Average Tenure
55.5yo
Average Age
Experienced Management: 543270's management team is considered experienced (2.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 9.1yrs | ₹33.60m | 4.53% ₹ 2.6b | |
| Whole Time Director | 3.3yrs | ₹3.60m | no data | |
| VP & Whole Time Director | 1.7yrs | ₹5.57m | no data | |
| Independent Chairman of the Board | 3.3yrs | ₹2.54m | no data | |
| Independent Director | 3.3yrs | ₹2.67m | no data | |
| Independent Director | 3.3yrs | ₹2.47m | no data | |
| Independent Director | 3.3yrs | ₹2.12m | no data | |
| Non-Executive Non Independent Director | 6.6yrs | ₹520.00k | 0.000020% ₹ 11.6k | |
| Independent Director | 3.3yrs | ₹2.26m | no data |
3.3yrs
Average Tenure
58yo
Average Age
Experienced Board: 543270's board of directors are considered experienced (3.3 years average tenure).