Readymix Construction Machinery Management
Management criteria checks 2/4
Readymix Construction Machinery's CEO is Anand Watve, appointed in Aug 2024, has a tenure of less than a year. directly owns 24.02% of the company’s shares, worth ₹226.23M. The average tenure of the management team and the board of directors is 0.5 years and 6.8 years respectively.
Key information
Anand Watve
Chief executive officer
₹6.8m
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | less than a year |
| CEO ownership | 24.0% |
| Management average tenure | less than a year |
| Board average tenure | 6.8yrs |
Recent management updates
No updates
Recent updates
CEO
Anand Watve (52 yo)
less than a year
Tenure
₹6,791,000
Compensation
Mr. Anand Suresh Watve is Chairman & MD of Readymix Construction Machinery Limited from August 2, 2024 and is its Director since January 24, 2012. He Joined Readymix Construction Machinery Limited since Ja...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | less than a year | ₹6.79m | 24.02% ₹ 226.2m | |
| Chief Financial Officer | less than a year | ₹963.00k | 0.091% ₹ 859.5k | |
| Whole Time Director | less than a year | ₹6.79m | 23.93% ₹ 225.4m | |
| Whole Time Director | less than a year | ₹6.79m | 24.02% ₹ 226.2m | |
| Company Secretary & Compliance Officer | less than a year | no data | no data |
0.5yrs
Average Tenure
47yo
Average Age
Experienced Management: READYMIX's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 13.1yrs | ₹6.79m | 24.02% ₹ 226.2m | |
| Whole Time Director | 13.1yrs | ₹6.79m | 23.93% ₹ 225.4m | |
| Whole Time Director | 13.1yrs | ₹6.79m | 24.02% ₹ 226.2m | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | less than a year | no data | no data |
6.8yrs
Average Tenure
48yo
Average Age
Experienced Board: READYMIX's board of directors are considered experienced (6.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/21 03:46 |
| End of Day Share Price | 2025/02/21 00:00 |
| Earnings | 2024/03/31 |
| Annual Earnings | 2024/03/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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.
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 Github.
Analyst Sources
Readymix Construction Machinery 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.