Elecon Engineering Management
Management criteria checks 2/4
We currently do not have sufficient information about the CEO.
Key information
Prayasvin Patel
Chief executive officer
₹193.1m
Total compensation
| CEO salary percentage | 21.9% |
| CEO tenure | 41.3yrs |
| CEO ownership | 1.7% |
| Management average tenure | 4.7yrs |
| Board average tenure | 6.6yrs |
Recent management updates
Recent updates
Investor Optimism Abounds Elecon Engineering Company Limited (NSE:ELECON) But Growth Is Lacking
Nov 13
If EPS Growth Is Important To You, Elecon Engineering (NSE:ELECON) Presents An Opportunity
Oct 18Is Elecon Engineering (NSE:ELECON) Using Too Much Debt?
Sep 14We Like Elecon Engineering's (NSE:ELECON) Returns And Here's How They're Trending
Aug 05Shareholders Will Probably Hold Off On Increasing Elecon Engineering Company Limited's (NSE:ELECON) CEO Compensation For The Time Being
Jun 19Elecon Engineering Company Limited's (NSE:ELECON) 33% Price Boost Is Out Of Tune With Earnings
Jun 13Elecon Engineering (NSE:ELECON) Has Affirmed Its Dividend Of ₹2.00
Jun 05With EPS Growth And More, Elecon Engineering (NSE:ELECON) Makes An Interesting Case
May 22Elecon Engineering Company Limited's (NSE:ELECON) 31% Price Boost Is Out Of Tune With Earnings
Apr 22Elecon Engineering (NSE:ELECON) Seems To Use Debt Rather Sparingly
Mar 22Elecon Engineering Company Limited's (NSE:ELECON) Shareholders Might Be Looking For Exit
Mar 08With EPS Growth And More, Elecon Engineering (NSE:ELECON) Makes An Interesting Case
Feb 20Is Elecon Engineering Company Limited (NSE:ELECON) Potentially Undervalued?
Feb 07Elecon Engineering (NSE:ELECON) Is Very Good At Capital Allocation
Nov 25Should You Be Adding Elecon Engineering (NSE:ELECON) To Your Watchlist Today?
Oct 15Why Elecon Engineering Company Limited (NSE:ELECON) Could Be Worth Watching
Sep 15Does Elecon Engineering (NSE:ELECON) Have A Healthy Balance Sheet?
Sep 02Elecon Engineering (NSE:ELECON) Knows How To Allocate Capital Effectively
Aug 16Here's Why We Think Elecon Engineering (NSE:ELECON) Is Well Worth Watching
Jul 07Elecon Engineering's (NSE:ELECON) Dividend Will Be Increased To ₹2.00
Jun 09Elecon Engineering's (NSE:ELECON) Shareholders Will Receive A Bigger Dividend Than Last Year
May 26At ₹504, Is It Time To Put Elecon Engineering Company Limited (NSE:ELECON) On Your Watch List?
May 13Do Elecon Engineering's (NSE:ELECON) Earnings Warrant Your Attention?
Feb 21Investors Shouldn't Overlook Elecon Engineering's (NSE:ELECON) Impressive Returns On Capital
Dec 27If EPS Growth Is Important To You, Elecon Engineering (NSE:ELECON) Presents An Opportunity
Oct 21Calculating The Intrinsic Value Of Elecon Engineering Company Limited (NSE:ELECON)
Sep 27Elecon Engineering (NSE:ELECON) Is Looking To Continue Growing Its Returns On Capital
Jul 07Calculating The Fair Value Of Elecon Engineering Company Limited (NSE:ELECON)
Jun 24I Ran A Stock Scan For Earnings Growth And Elecon Engineering (NSE:ELECON) Passed With Ease
Jun 03Returns On Capital Are Showing Encouraging Signs At Elecon Engineering (NSE:ELECON)
Apr 05These 4 Measures Indicate That Elecon Engineering (NSE:ELECON) Is Using Debt Safely
Feb 14Do Elecon Engineering's (NSE:ELECON) Earnings Warrant Your Attention?
Jan 24Returns On Capital Are Showing Encouraging Signs At Elecon Engineering (NSE:ELECON)
Oct 25Should You Be Adding Elecon Engineering (NSE:ELECON) To Your Watchlist Today?
Aug 14Shareholders Will Probably Hold Off On Increasing Elecon Engineering Company Limited's (NSE:ELECON) CEO Compensation For The Time Being
Jul 30CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | ₹4b |
| Jun 30 2024 | n/a | n/a | ₹4b |
| Mar 31 2024 | ₹193m | ₹42m | ₹4b |
| Dec 31 2023 | n/a | n/a | ₹3b |
| Sep 30 2023 | n/a | n/a | ₹3b |
| Jun 30 2023 | n/a | n/a | ₹3b |
| Mar 31 2023 | ₹121m | ₹30m | ₹2b |
| Dec 31 2022 | n/a | n/a | ₹2b |
| Sep 30 2022 | n/a | n/a | ₹2b |
| Jun 30 2022 | n/a | n/a | ₹2b |
| Mar 31 2022 | ₹61m | ₹30m | ₹1b |
| Dec 31 2021 | n/a | n/a | ₹1b |
| Sep 30 2021 | n/a | n/a | ₹1b |
| Jun 30 2021 | n/a | n/a | ₹1b |
| Mar 31 2021 | ₹31m | ₹31m | ₹576m |
| Dec 31 2020 | n/a | n/a | ₹962m |
| Sep 30 2020 | n/a | n/a | ₹808m |
| Jun 30 2020 | n/a | n/a | ₹686m |
| Mar 31 2020 | ₹28m | ₹27m | ₹897m |
| Dec 31 2019 | n/a | n/a | ₹296m |
| Sep 30 2019 | n/a | n/a | ₹234m |
| Jun 30 2019 | n/a | n/a | ₹630m |
| Mar 31 2019 | ₹21m | ₹20m | ₹701m |
| Dec 31 2018 | n/a | n/a | ₹1b |
| Sep 30 2018 | n/a | n/a | ₹1b |
| Jun 30 2018 | n/a | n/a | ₹512m |
| Mar 31 2018 | ₹21m | ₹20m | ₹75m |
Compensation vs Market: Prayasvin's total compensation ($USD2.29M) is above average for companies of similar size in the Indian market ($USD502.40K).
Compensation vs Earnings: Prayasvin's compensation has increased by more than 20% in the past year.
CEO
Prayasvin Patel (66 yo)
41.3yrs
Tenure
₹193,078,000
Compensation
Mr. Prayasvin Bhanubhai Patel, BE, MBA, serves as Chairman and Managing Director of Power Build Limited. He has been Non-Independent Executive Chairman of Elecon Engineering Company Limited since September...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Non-Independent Executive Chairman & MD | no data | ₹193.08m | 1.75% ₹ 2.2b | |
| Chief Financial Officer | 4.7yrs | ₹5.70m | no data | |
| Company Secretary & Compliance Officer | 6.3yrs | ₹2.30m | no data | |
| Business Head of Gear Division | no data | no data | no data | |
| Business Head of MHE Division | 3.5yrs | no data | no data |
4.7yrs
Average Tenure
Experienced Management: ELECON's management team is considered experienced (4.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Non-Independent Executive Chairman & MD | 41.3yrs | ₹193.08m | 1.75% ₹ 2.2b | |
| Independent Non-Executive Director | 3.5yrs | ₹1.07m | no data | |
| Independent & Non-Executive Director | less than a year | no data | no data | |
| Non-Independent & Non-Executive Director | 47yrs | ₹1.27m | 0.056% ₹ 70.5m | |
| Non-Independent & Non-Executive Director | 16.3yrs | ₹1.14m | 0.036% ₹ 46.0m | |
| Non-Executive Independent Director | 2.3yrs | ₹1.25m | no data | |
| Independent & Non-Executive Woman Director | 9.8yrs | ₹1.28m | no data | |
| Additional Non-Executive Non-Independent Director | 1.6yrs | ₹1.12m | no data |
6.6yrs
Average Tenure
65.5yo
Average Age
Experienced Board: ELECON's board of directors are considered experienced (6.6 years average tenure).