Katare Spinning Mills Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Kishore Katare

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	44.3yrs
CEO ownership	21.5%
Management average tenure	no data
Board average tenure	7.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Kishore Katare's remuneration changed compared to Katare Spinning Mills's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	-₹21m
Mar 31 2024	n/a	n/a	-₹19m
Dec 31 2023	n/a	n/a	-₹14m
Sep 30 2023	n/a	n/a	-₹21m
Jun 30 2023	n/a	n/a	-₹14m
Mar 31 2023	n/a	n/a	-₹15m
Dec 31 2022	n/a	n/a	₹54m
Sep 30 2022	n/a	n/a	₹59m
Jun 30 2022	n/a	n/a	₹80m
Mar 31 2022	n/a	n/a	₹79m
Dec 31 2021	n/a	n/a	₹22m
Sep 30 2021	n/a	n/a	₹18m
Jun 30 2021	n/a	n/a	-₹17m
Mar 31 2021	n/a	n/a	-₹17m
Dec 31 2020	n/a	n/a	-₹28m
Sep 30 2020	n/a	n/a	-₹28m
Jun 30 2020	n/a	n/a	-₹27m
Mar 31 2020	n/a	n/a	-₹22m
Dec 31 2019	n/a	n/a	₹8m
Sep 30 2019	n/a	n/a	₹12m
Jun 30 2019	n/a	n/a	₹9m
Mar 31 2019	₹600k	₹600k	₹986k
Dec 31 2018	n/a	n/a	-₹21m
Sep 30 2018	n/a	n/a	-₹29m
Jun 30 2018	n/a	n/a	-₹31m
Mar 31 2018	₹642k	₹600k	-₹29m

Compensation vs Market: Insufficient data to establish whether Kishore's total compensation is reasonable compared to companies of similar size in the Indian market.

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

CEO

Kishore Katare (68 yo)

44.3yrs

Tenure

Mr. Kishore Tippanna Katare serves as the Managing Director and Executive Chairman of Katare Spinning Mills Limited and has been its Director since August 08, 1980.

Board Members

Name	Position	Tenure	Compensation	Ownership
Kishore Katare	MD & Chairman	44.3yrs	no data	21.54% ₹ 130.2m
Umakantrao Mahindrakar	Director	18.3yrs	₹8.00k	0.12% ₹ 736.9k
Yadgiri Konda	Non-Executive & independent Director	less than a year	₹8.00k	no data
Vidyavati Katare	Non-Executive Director	9.8yrs	₹8.00k	0.37% ₹ 2.2m
Prakash Joti	Non-Executive & Independent Director	5.6yrs	₹8.00k	no data
Vilas Shendge	Non-Executive & Independent Director	5.6yrs	₹8.00k	no data

7.7yrs

Average Tenure

71yo

Average Age

Experienced Board: 502933's board of directors are considered experienced (7.7 years average tenure).

Katare Spinning Mills Management

Management criteria checks 2/4

Key information

Recent management updates

Katare Spinning Mills Limited, Annual General Meeting, Sep 27, 2024

Katare Spinning Mills Limited, Annual General Meeting, Sep 29, 2023

Less than half of directors are independent

Katare Spinning Mills Limited Approves the Appointment of Bhagyashree Rawani as Company Secretary of the Company

Katare Spinning Mills Limited Announce the Resignation of Manish Prakash Kakrai as Company Secretary

Katare Spinning Mills Limited, Annual General Meeting, Sep 29, 2022

Recent updates

Katare Spinning Mills Limited to Report Q2, 2025 Results on Nov 12, 2024

Katare Spinning Mills Limited, Annual General Meeting, Sep 27, 2024

First quarter 2025 earnings released: ₹1.47 loss per share (vs ₹0.73 loss in 1Q 2024)

Full year 2024 earnings released: ₹6.57 loss per share (vs ₹5.31 loss in FY 2023)

Katare Spinning Mills Limited to Report Q4, 2024 Results on May 30, 2024

Third quarter 2024 earnings released

Katare Spinning Mills Limited to Report Q3, 2024 Results on Feb 06, 2024

Katare Spinning Mills Limited to Report Q2, 2024 Results on Nov 10, 2023

Katare Spinning Mills Limited, Annual General Meeting, Sep 29, 2023

First quarter 2024 earnings released: ₹0.73 loss per share (vs ₹0.72 profit in 1Q 2023)

Full year 2023 earnings released: ₹5.30 loss per share (vs ₹27.79 profit in FY 2022)

Katare Spinning Mills Limited to Report Q4, 2023 Results on May 30, 2023

Investor sentiment improves as stock rises 25%

Third quarter 2023 earnings released: ₹2.46 loss per share (vs ₹0.73 loss in 3Q 2022)

Katare Spinning Mills Limited to Report Q3, 2023 Results on Feb 10, 2023

Second quarter 2023 earnings released: EPS: ₹2.47 (vs ₹9.70 in 2Q 2022)

Less than half of directors are independent

Second quarter 2023 earnings released: EPS: ₹2.47 (vs ₹9.70 in 2Q 2022)

Katare Spinning Mills Limited Approves the Appointment of Bhagyashree Rawani as Company Secretary of the Company

Katare Spinning Mills Limited Announce the Resignation of Manish Prakash Kakrai as Company Secretary

Katare Spinning Mills Limited to Report Q2, 2023 Results on Nov 10, 2022

Full year 2022 earnings released

Katare Spinning Mills Limited, Annual General Meeting, Sep 29, 2022

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Full year 2022 earnings released: EPS: ₹27.79 (vs ₹6.10 loss in FY 2021)

Katare Spinning Mills Limited to Report Q4, 2022 Results on May 30, 2022

Less than half of directors are independent

Katare Spinning Mills Limited Announces Appointment of Manish Prakash Kakrai as Company Secretary

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Less than half of directors are independent

Less than half of directors are independent

Full year 2021 earnings released

Company Secretary & Compliance Officer has left the company

New 90-day low: ₹14.36

New 90-day low: ₹14.65

Katare Spinning Mills Limited to Report Q3, 2021 Results on Feb 12, 2021

New 90-day high: ₹15.46

New 90-day low - ₹8.15

First quarter earnings released

Katare Spinning Mills Limited to Report Q1, 2021 Results on Aug 31, 2020

New 90-day low - ₹9.85

New 90-day low - ₹13.16

New 90-day high - ₹18.05

Katare Spinning Mills Limited to Report Q4, 2020 Results on Jun 30, 2020

CEO Compensation Analysis

CEO

Tenure

Board Members

Average Tenure

Average Age