Rolex Rings Limited

NSEI:ROLEXRINGS Stock Report

Market Cap: ₹51.3b

Rolex Rings Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Manesh Madeka

Chief executive officer

₹9.6m

Total compensation

CEO salary percentage100.0%
CEO tenure3.2yrs
CEO ownership14.7%
Management average tenure8.9yrs
Board average tenure3.2yrs

Recent management updates

Recent updates

Capital Allocation Trends At Rolex Rings (NSE:ROLEXRINGS) Aren't Ideal

Mar 14
Capital Allocation Trends At Rolex Rings (NSE:ROLEXRINGS) Aren't Ideal

Rolex Rings (NSE:ROLEXRINGS) Is Reinvesting At Lower Rates Of Return

Dec 05
Rolex Rings (NSE:ROLEXRINGS) Is Reinvesting At Lower Rates Of Return

Is Now The Time To Put Rolex Rings (NSE:ROLEXRINGS) On Your Watchlist?

Oct 28
Is Now The Time To Put Rolex Rings (NSE:ROLEXRINGS) On Your Watchlist?

Is Now The Time To Put Rolex Rings (NSE:ROLEXRINGS) On Your Watchlist?

Apr 04
Is Now The Time To Put Rolex Rings (NSE:ROLEXRINGS) On Your Watchlist?

Rolex Rings' (NSE:ROLEXRINGS) Returns On Capital Not Reflecting Well On The Business

Feb 17
Rolex Rings' (NSE:ROLEXRINGS) Returns On Capital Not Reflecting Well On The Business

There Are Reasons To Feel Uneasy About Rolex Rings' (NSE:ROLEXRINGS) Returns On Capital

Sep 14
There Are Reasons To Feel Uneasy About Rolex Rings' (NSE:ROLEXRINGS) Returns On Capital

Rolex Rings Limited's (NSE:ROLEXRINGS) Business Is Trailing The Market But Its Shares Aren't

Apr 03
Rolex Rings Limited's (NSE:ROLEXRINGS) Business Is Trailing The Market But Its Shares Aren't

We Think That There Are Issues Underlying Rolex Rings' (NSE:ROLEXRINGS) Earnings

Nov 10
We Think That There Are Issues Underlying Rolex Rings' (NSE:ROLEXRINGS) Earnings

CEO Compensation Analysis

How has Manesh Madeka's remuneration changed compared to Rolex Rings's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

₹2b

Sep 30 2023n/an/a

₹2b

Jun 30 2023n/an/a

₹2b

Mar 31 2023₹10m₹10m

₹2b

Dec 31 2022n/an/a

₹2b

Sep 30 2022n/an/a

₹2b

Jun 30 2022n/an/a

₹2b

Mar 31 2022₹10m₹10m

₹1b

Dec 31 2021n/an/a

₹1b

Sep 30 2021n/an/a

₹1b

Jun 30 2021n/an/a

₹1b

Mar 31 2021₹10m₹10m

₹870m

Mar 31 2020₹1m₹1m

₹529m

Compensation vs Market: Manesh's total compensation ($USD115.01K) is below average for companies of similar size in the Indian market ($USD383.25K).

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


CEO

Manesh Madeka (65 yo)

3.2yrs

Tenure

₹9,600,000

Compensation

Mr. Manesh Dayashankar Madeka is Chairman & MD of Rolex Rings Limited. He has many years of work experience in marketing, production and finance. He serves as a Director of Rolex Rings Limited since March...


Leadership Team

NamePositionTenureCompensationOwnership
Manesh Madeka
Chairman & MDno data₹9.60m14.71%
₹ 7.5b
Hiren Doshi
Chief Financial Officer3.2yrs₹457.00kno data
Hardik Gandhi
Company Secretary & Compliance Officer8.9yrs₹54.00kno data
Bhautik Madeka
Whole Time Director21.3yrs₹9.36m8.69%
₹ 4.5b
Mihir Madeka
Whole Time Directorno data₹8.40m1.64%
₹ 841.8m

8.9yrs

Average Tenure

Experienced Management: ROLEXRINGS's management team is seasoned and experienced (8.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Manesh Madeka
Chairman & MD3.2yrs₹9.60m14.71%
₹ 7.5b
Bhautik Madeka
Whole Time Director21.3yrs₹9.36m8.69%
₹ 4.5b
Mihir Madeka
Whole Time Directorno data₹8.40m1.64%
₹ 841.8m
Pravinchandra Dholakia
Independent Director3.2yrs₹60.00kno data
Jignasa Mehta
Independent Director3.2yrs₹75.00kno data
Ashit Vankani
Independent Director3.2yrs₹70.00kno data

3.2yrs

Average Tenure

61.5yo

Average Age

Experienced Board: ROLEXRINGS's board of directors are considered experienced (3.2 years average tenure).


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