Updater Services Management
Management criteria checks 2/4
Updater Services' CEO is Raghunandana Tangirala, appointed in Jan 2021, has a tenure of 3.92 years. total yearly compensation is ₹19.20M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 23.92% of the company’s shares, worth ₹6.21B. The average tenure of the management team and the board of directors is 1 years and 3.5 years respectively.
Key information
Raghunandana Tangirala
Chief executive officer
₹19.2m
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 3.9yrs |
| CEO ownership | 23.9% |
| Management average tenure | less than a year |
| Board average tenure | 3.5yrs |
Recent management updates
Recent updates
Earnings Update: Here's Why Analysts Just Lifted Their Updater Services Limited (NSE:UDS) Price Target To ₹470
Nov 01
Updater Services' (NSE:UDS) Promising Earnings May Rest On Soft Foundations
Jun 22Updater Services Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
May 24CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | ₹986m |
| Jun 30 2024 | n/a | n/a | ₹804m |
| Mar 31 2024 | ₹19m | ₹19m | ₹679m |
| Dec 31 2023 | n/a | n/a | ₹539m |
| Sep 30 2023 | n/a | n/a | ₹384m |
| Jun 30 2023 | n/a | n/a | ₹373m |
| Mar 31 2023 | ₹14m | n/a | ₹358m |
| Mar 31 2022 | ₹19m | n/a | ₹553m |
| Mar 31 2021 | ₹15m | n/a | ₹450m |
| Mar 31 2020 | ₹19m | n/a | ₹332m |
Compensation vs Market: Raghunandana's total compensation ($USD225.98K) is about average for companies of similar size in the Indian market ($USD264.41K).
Compensation vs Earnings: Raghunandana's compensation has increased by more than 20% in the past year.
CEO
Raghunandana Tangirala (64 yo)
3.9yrs
Tenure
₹19,200,000
Compensation
Mr. Raghunandana Tangirala is Additional Director of Athena BPO Private Limited from April 30, 2024. Mr. Tangirala is Founder of Updater Services (P) Ltd. and also serves as its Managing Director since Jan...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 3.9yrs | ₹19.20m | 23.92% ₹ 6.2b | |
| Group Chief Financial Officer | less than a year | ₹3.78m | no data | |
| Company Secretary & Compliance Officer | less than a year | ₹240.00k | no data | |
| Chief Operating Officer | less than a year | no data | 0.015% ₹ 3.9m | |
| Manager of HR | no data | no data | no data | |
| Chief Operations Officer of Technology | no data | ₹4.43m | no data | |
| Senior Vice President of Mumbai | no data | no data | no data | |
| Global Chief Executive Officer of Denave India Private Limited | no data | ₹8.36m | no data | |
| Chief Executive Officer of Matrix Business Services India Private Limited | 2.3yrs | ₹6.29m | no data |
1.0yrs
Average Tenure
Experienced Management: UDS's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 21.1yrs | ₹19.20m | 23.92% ₹ 6.2b | |
| Non Executive Director | 1.8yrs | ₹2.08m | no data | |
| Independent Director | 2.3yrs | ₹1.80m | no data | |
| Independent Director | 4.7yrs | ₹2.60m | no data | |
| Independent Director | 7.5yrs | ₹4.73m | no data | |
| Director | less than a year | no data | no data |
3.5yrs
Average Tenure
56yo
Average Age
Experienced Board: UDS's board of directors are considered experienced (3.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 02:38 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| 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 |
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| Management | 10 years |
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| 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 here.
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 .
Analyst Sources
Updater Services Limited is covered by 6 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Deep Shah | Batlivala & Karani Securities India Pvt. Ltd. |
| Balaji Subramanian | IIFL Research |
| Nitin Padmanabhan | Investec Bank plc (UK) |