V-Guard Industries Management
Management criteria checks 3/4
V-Guard Industries' CEO is Mithun Chittilappilly, appointed in Apr 2012, has a tenure of 12.08 years. total yearly compensation is ₹68.88M, comprised of 34.3% salary and 65.7% bonuses, including company stock and options. directly owns 24.79% of the company’s shares, worth ₹36.80B. The average tenure of the management team and the board of directors is 7.4 years and 5.7 years respectively.
Key information
Mithun Chittilappilly
Chief executive officer
₹68.9m
Total compensation
| CEO salary percentage | 34.3% |
| CEO tenure | 12.1yrs |
| CEO ownership | 24.8% |
| Management average tenure | 7.4yrs |
| Board average tenure | 5.7yrs |
Recent management updates
Recent updates
Is V-Guard Industries (NSE:VGUARD) A Risky Investment?
Mar 21
V-Guard Industries Limited Just Recorded A 8.6% EPS Beat: Here's What Analysts Are Forecasting Next
Feb 04Getting In Cheap On V-Guard Industries Limited (NSE:VGUARD) Might Be Difficult
Jan 05Some Investors May Be Worried About V-Guard Industries' (NSE:VGUARD) Returns On Capital
Nov 29These 4 Measures Indicate That V-Guard Industries (NSE:VGUARD) Is Using Debt Reasonably Well
Aug 10V-Guard Industries (NSE:VGUARD) May Have Issues Allocating Its Capital
Jun 22V-Guard Industries (NSE:VGUARD) Might Become A Compounding Machine
Oct 26V-Guard Industries (NSE:VGUARD) Has A Pretty Healthy Balance Sheet
Sep 30Here's Why We Think V-Guard Industries (NSE:VGUARD) Might Deserve Your Attention Today
Aug 03V-Guard Industries (NSE:VGUARD) Will Pay A Larger Dividend Than Last Year At ₹1.30
Jul 06We Think V-Guard Industries (NSE:VGUARD) Can Stay On Top Of Its Debt
Jun 14V-Guard Industries' (NSE:VGUARD) Shareholders Will Receive A Bigger Dividend Than Last Year
May 22Investors Could Be Concerned With V-Guard Industries' (NSE:VGUARD) Returns On Capital
Feb 13I Ran A Stock Scan For Earnings Growth And V-Guard Industries (NSE:VGUARD) Passed With Ease
Oct 19We Think Some Shareholders May Hesitate To Increase V-Guard Industries Limited's (NSE:VGUARD) CEO Compensation
Jul 29V-Guard Industries (NSE:VGUARD) Has A Pretty Healthy Balance Sheet
Jul 20V-Guard Industries Limited Just Missed Earnings - But Analysts Have Updated Their Models
May 30The Returns On Capital At V-Guard Industries (NSE:VGUARD) Don't Inspire Confidence
May 17V-Guard Industries Limited's (NSE:VGUARD) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Mar 11Have Insiders Sold V-Guard Industries Limited (NSE:VGUARD) Shares Recently?
Feb 21Upgrade: Analysts Just Made A Captivating Increase To Their V-Guard Industries Limited (NSE:VGUARD) Forecasts
Feb 06Did You Miss V-Guard Industries' (NSE:VGUARD) Impressive 284% Share Price Gain?
Feb 04Should We Be Excited About The Trends Of Returns At V-Guard Industries (NSE:VGUARD)?
Jan 19Here's Why V-Guard Industries's (NSE:VGUARD) Statutory Earnings Are Arguably Too Conservative
Jan 05
Don't Ignore The Fact That This Insider Just Sold Some Shares In V-Guard Industries Limited (NSE:VGUARD)
Dec 22A Quick Analysis On V-Guard Industries' (NSE:VGUARD) CEO Compensation
Dec 15V-Guard Industries Limited's (NSE:VGUARD) Stock Has Fared Decently: Is the Market Following Strong Financials?
Nov 30CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | ₹2b |
| Sep 30 2023 | n/a | n/a | ₹2b |
| Jun 30 2023 | n/a | n/a | ₹2b |
| Mar 31 2023 | ₹69m | ₹24m | ₹2b |
| Dec 31 2022 | n/a | n/a | ₹2b |
| Sep 30 2022 | n/a | n/a | ₹2b |
| Jun 30 2022 | n/a | n/a | ₹3b |
| Mar 31 2022 | ₹65m | ₹17m | ₹2b |
| Dec 31 2021 | n/a | n/a | ₹2b |
| Sep 30 2021 | n/a | n/a | ₹2b |
| Jun 30 2021 | n/a | n/a | ₹2b |
| Mar 31 2021 | ₹52m | ₹14m | ₹2b |
| Dec 31 2020 | n/a | n/a | ₹2b |
| Sep 30 2020 | n/a | n/a | ₹1b |
| Jun 30 2020 | n/a | n/a | ₹1b |
| Mar 31 2020 | ₹48m | ₹14m | ₹2b |
| Dec 31 2019 | n/a | n/a | ₹2b |
| Sep 30 2019 | n/a | n/a | ₹2b |
| Jun 30 2019 | n/a | n/a | ₹2b |
| Mar 31 2019 | ₹42m | ₹11m | ₹2b |
| Dec 31 2018 | n/a | n/a | ₹1b |
| Sep 30 2018 | n/a | n/a | ₹1b |
| Jun 30 2018 | n/a | n/a | ₹1b |
| Mar 31 2018 | ₹26m | ₹10m | ₹1b |
Compensation vs Market: Mithun's total compensation ($USD825.08K) is above average for companies of similar size in the Indian market ($USD425.59K).
Compensation vs Earnings: Mithun's compensation has been consistent with company performance over the past year.
CEO
Mithun Chittilappilly (43 yo)
12.1yrs
Tenure
₹68,883,000
Compensation
Mr. Mithun K. Chittilappilly has been the Managing Director and Executive Director of V-Guard Industries Limited since April 1, 2012 and April 01, 2003 respectively. Mr. Chittilappilly served as a Director...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Executive Director | 12.1yrs | ₹68.88m | 24.79% ₹ 36.8b | |
| Senior VP & CFO | 6.9yrs | ₹23.04m | 0.00097% ₹ 1.4m | |
| COO, Business Responsibility Head & Whole Time Director | 7.9yrs | ₹68.95m | 0.37% ₹ 543.8m | |
| Company Secretary & Compliance Officer | 1.3yrs | ₹615.00k | no data | |
| VP & Chief Information Officer | no data | no data | no data | |
| Sr GM & Head of Legal | no data | no data | no data | |
| Vice President of Brand & Communications | no data | no data | 0.0050% ₹ 7.5m | |
| Senior General Manager of Marketing | no data | no data | no data | |
| Assistant VP | no data | no data | 0.0041% ₹ 6.1m | |
| Branch Head of Pune | no data | no data | no data | |
| Head of Logistics & Warehousing | no data | no data | 0.000020% ₹ 29.7k | |
| Head Sales Commercial | no data | no data | no data |
7.4yrs
Average Tenure
57yo
Average Age
Experienced Management: VGUARD's management team is seasoned and experienced (7.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Executive Director | 21.1yrs | ₹68.88m | 24.79% ₹ 36.8b | |
| COO, Business Responsibility Head & Whole Time Director | 10.9yrs | ₹68.95m | 0.37% ₹ 543.8m | |
| Executive Director | less than a year | no data | no data | |
| Independent Non-Executive Director | 10yrs | ₹1.04m | no data | |
| Independent Chairman of the Board | 11.5yrs | ₹2.97m | no data | |
| Independent Non-Executive Director | 16.8yrs | ₹725.00k | no data | |
| Independent Non-Executive Director | 5.7yrs | ₹990.00k | no data | |
| Chairman Emeritus | 4.1yrs | ₹15.49m | 18.47% ₹ 27.4b | |
| Independent Non-Executive Director | less than a year | no data | no data | |
| Additional Independent Director | 3yrs | ₹565.00k | no data | |
| Independent Director | 3.6yrs | ₹940.00k | no data |
5.7yrs
Average Tenure
63yo
Average Age
Experienced Board: VGUARD's board of directors are considered experienced (5.7 years average tenure).