Arvind Management

Management criteria checks 1/4

Arvind's CEO is Sanjaybhai Lalbhai, appointed in May 2024, has a tenure of 45.17 years. total yearly compensation is ₹83.30M, comprised of 12.5% salary and 87.5% bonuses, including company stock and options. directly owns 0.001% of the company’s shares, worth ₹576.27K. The average tenure of the management team and the board of directors is 0.3 years and 10.9 years respectively.

Key information

Sanjaybhai Lalbhai

Chief executive officer

₹83.3m

Total compensation

CEO salary percentage	12.5%
CEO tenure	no data
CEO ownership	0.0006%
Management average tenure	less than a year
Board average tenure	10.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Sanjaybhai Lalbhai's remuneration changed compared to Arvind's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	₹3b
Dec 31 2023	n/a	n/a	₹4b
Sep 30 2023	n/a	n/a	₹3b
Jun 30 2023	n/a	n/a	₹4b
Mar 31 2023	₹83m	₹10m	₹4b
Dec 31 2022	n/a	n/a	₹4b
Sep 30 2022	n/a	n/a	₹4b
Jun 30 2022	n/a	n/a	₹3b
Mar 31 2022	₹35m	₹10m	₹3b
Dec 31 2021	n/a	n/a	₹2b
Sep 30 2021	n/a	n/a	₹1b
Jun 30 2021	n/a	n/a	₹704m
Mar 31 2021	₹15m	₹8m	-₹165m
Dec 31 2020	n/a	n/a	-₹820m
Sep 30 2020	n/a	n/a	-₹711m
Jun 30 2020	n/a	n/a	-₹238m
Mar 31 2020	₹41m	₹10m	₹957m
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	₹63m	₹10m	₹2b
Dec 31 2018	n/a	n/a	₹3b
Sep 30 2018	n/a	n/a	₹3b
Jun 30 2018	n/a	n/a	₹3b
Mar 31 2018	₹70m	₹10m	₹3b

Compensation vs Market: Sanjaybhai's total compensation ($USD997.66K) is above average for companies of similar size in the Indian market ($USD380.71K).

Compensation vs Earnings: Sanjaybhai's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Sanjaybhai Lalbhai (69 yo)

no data

Tenure

₹83,304,573

Compensation

Mr. Sanjaybhai Shrenikbhai Lalbhai served as Non-Executive Chairman of The Anup Engineering Limited. Mr. Lalbhai has been an Executive Chairman of Arvind Limited since September 28, 2007 and serves as its...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Sanjaybhai Lalbhai	Chairman & MD	no data	₹83.30m	0.00060% ₹ 576.3k
Punit Lalbhai	Vice Chairman and Executive Director	11.8yrs	₹48.58m	0.0014% ₹ 1.4m
Jayesh Shah	Group CFO & Whole Time Director	less than a year	₹55.21m	no data
Kulin Lalbhai	Executive Director	no data	₹48.58m	no data
Nigam Shah	Chief Financial Officer	less than a year	no data	no data
Kaushal Shah	Investor Relations Officer	no data	no data	no data
Yatin Padia	Head of Corporate Communications	1.3yrs	no data	no data
Tushar Nerkar	Chief Marketing Manager	less than a year	no data	no data
Susheel Kaul	President and CEO of Textiles & Apparel	2.3yrs	no data	0.20% ₹ 191.3m
Ashish Kumar	President and CEO of AMD & Essentials	2.3yrs	no data	no data
Kamal Sham Singal	MD & CEO of Arvind SmartSpaces Ltd	no data	no data	no data
Abhishek Bansal	Head of Sustainability & BR Head	no data	no data	no data

0.3yrs

Average Tenure

46yo

Average Age

Experienced Management: 500101's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Sanjaybhai Lalbhai	Chairman & MD	45.2yrs	₹83.30m	0.00060% ₹ 576.3k
Punit Lalbhai	Vice Chairman and Executive Director	11.8yrs	₹48.58m	0.0014% ₹ 1.4m
Jayesh Shah	Group CFO & Whole Time Director	21.5yrs	₹55.21m	no data
Kulin Lalbhai	Executive Director	11.8yrs	₹48.58m	no data
Nilesh Mehta	Independent Director	no data	no data	no data
Bakul Dholakia	Independent Director	13.8yrs	₹930.00k	0.011% ₹ 10.4m
Dileep Choksi	Additional Independent Director	10yrs	₹920.00k	no data
Nilesh Shah	Independent Director	9yrs	₹890.00k	0.000080% ₹ 76.8k
Arpit Patel	Independent Director	5yrs	₹880.00k	no data
Ismet Khambatta	Additional Independent Director	1.8yrs	₹396.67k	no data

10.9yrs

Average Tenure

63.5yo

Average Age

Experienced Board: 500101's board of directors are seasoned and experienced ( 10.9 years average tenure).

Arvind Management

Management criteria checks 1/4

Key information

Recent management updates

Arvind Limited Announces the Change in Designation of Sanjay Lalbhai as Chairman from Chairman and Managing Director

Arvind Limited Appoints Nilesh Mehta as an Independent Director, Effective 12 May, 2024

Arvind Limited Announces CFO Changes

Arvind Limited Appoints Nigam Shah as Chief Financial Officer

Arvind Limited, Annual General Meeting, Aug 05, 2023

Arvind Limited Announces Executive Changes

Recent updates

Price target increased by 7.1% to ₹438

Arvind Limited Announces the Change in Designation of Sanjay Lalbhai as Chairman from Chairman and Managing Director

Arvind Limited Appoints Nilesh Mehta as an Independent Director, Effective 12 May, 2024

Now 21% overvalued after recent price rise

Arvind Limited to Report Q4, 2024 Results on May 06, 2024

Now 21% overvalued after recent price rise

New minor risk - Financial position

Third quarter 2024 earnings released: EPS: ₹3.50 (vs ₹3.22 in 3Q 2023)

Arvind Limited Announces CFO Changes

Now 23% overvalued after recent price rise

Arvind Limited to Report Q3, 2024 Results on Jan 30, 2024

Second quarter 2024 earnings released: EPS: ₹3.06 (vs ₹4.79 in 2Q 2023)

Price target increased by 17% to ₹169

Arvind Limited to Report Q2, 2024 Results on Oct 31, 2023

Arvind Limited Appoints Nigam Shah as Chief Financial Officer

Investor sentiment improves as stock rises 16%

Now 21% undervalued

New minor risk - Financial position

Upcoming dividend of ₹5.75 per share at 2.8% yield

Full year 2023 earnings: EPS exceeds analyst expectations

Arvind Limited, Annual General Meeting, Aug 05, 2023

Price target increased by 7.2% to ₹134

Arvind Limited Provides Financial Guidance for the Fiscal Year 2024

Arvind Limited Recommends Special Dividend for the Financial Year Ended 31 March, 2023

Full year 2023 earnings: EPS exceeds analyst expectations

Arvind Limited to Report Q4, 2023 Results on May 18, 2023

Consensus revenue estimates decrease by 12%

Arvind Limited (BSE:500101) acquired 31.20% stake in Renew Green (Gj Eight) Private Limitedfor approximately INR 200 million.

Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Arvind Limited Announces Executive Changes

Arvind Limited to Report Q3, 2023 Results on Jan 25, 2023

Price target decreased to ₹129

Insufficient new directors

Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Arvind Limited to Report Q2, 2023 Results on Nov 08, 2022

Arvind Limited, Annual General Meeting, Sep 06, 2022

First quarter 2023 earnings released: EPS: ₹4.06 (vs ₹0.32 loss in 1Q 2022)

Arvind Limited to Report Q1, 2023 Results on Aug 01, 2022

BigFoot Retail Solutions Pvt. Ltd. agreed to acquire omni channel technology business of Arvind from Arvind Limited (BSE:500101) for INR 2000 million.

Price target decreased to ₹175

Insufficient new directors

Arvind Limited Announces Resignation of Renuka Ramnath as Independent Director

Arvind Limited to Report Q4, 2022 Results on May 18, 2022

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Arvind Limited Announces Reconstitution of Committees of the Board

Investor sentiment deteriorated over the past week

CFO & Whole Time Director recently sold ₹43m worth of stock

Second quarter 2022 earnings released: EPS ₹2.69 (vs ₹0.03 in 2Q 2021)

Investor sentiment improved over the past week

Full year 2021 earnings released: ₹0.64 loss per share (vs ₹3.70 profit in FY 2020)

Full year 2021 earnings released: ₹0.64 loss per share (vs ₹3.70 profit in FY 2020)

New 90-day high: ₹57.75

Price target raised to ₹50.67

Third quarter 2021 earnings released: EPS ₹0.96 (vs ₹1.38 in 3Q 2020)

Revenue beats expectations, earnings disappoint

Arvind Limited to Report Q3, 2021 Results on Feb 04, 2021

New 90-day high: ₹50.95

New 90-day high: ₹48.00

Insider recently sold ₹1.1m worth of stock

New 90-day high: ₹38.00

Second quarter 2021 earnings released: EPS ₹0.03

Revenue and earnings miss expectations

First quarter earnings released

Price target raised to ₹45.33

Arvind Limited to Report Q1, 2021 Results on Aug 31, 2020

Arvind Limited Recommends No Dividend for the Year Ended on 31 March 2020

CEO Compensation Analysis

CEO

Tenure