Vardhman Textiles Limited

BSE:502986 Stock Report

Market Cap: ₹131.6b

Vardhman Textiles Management

Management criteria checks 3/4

Vardhman Textiles' CEO is Shri Oswal, appointed in Jun 2005, has a tenure of 19.42 years. total yearly compensation is ₹174.01M, comprised of 6.3% salary and 93.7% bonuses, including company stock and options. directly owns 1.05% of the company’s shares, worth ₹1.38B. The average tenure of the management team and the board of directors is 8 years and 4.3 years respectively.

Key information

Shri Oswal

Chief executive officer

₹174.0m

Total compensation

CEO salary percentage6.3%
CEO tenure19.4yrs
CEO ownership1.0%
Management average tenure8yrs
Board average tenure4.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Shri Oswal's remuneration changed compared to Vardhman Textiles's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹8b

Jun 30 2024n/an/a

₹7b

Mar 31 2024₹174m₹11m

₹6b

Dec 31 2023n/an/a

₹6b

Sep 30 2023n/an/a

₹5b

Jun 30 2023n/an/a

₹6b

Mar 31 2023₹206m₹9m

₹8b

Dec 31 2022n/an/a

₹10b

Sep 30 2022n/an/a

₹13b

Jun 30 2022n/an/a

₹16b

Mar 31 2022₹434m₹6m

₹15b

Dec 31 2021n/an/a

₹15b

Sep 30 2021n/an/a

₹12b

Jun 30 2021n/an/a

₹8b

Mar 31 2021₹92m₹6m

₹4b

Dec 31 2020n/an/a

₹3b

Sep 30 2020n/an/a

₹3b

Jun 30 2020n/an/a

₹4b

Mar 31 2020₹65m₹6m

₹6b

Dec 31 2019n/an/a

₹6b

Sep 30 2019n/an/a

₹6b

Jun 30 2019n/an/a

₹7b

Mar 31 2019₹188m₹5m

₹7b

Dec 31 2018n/an/a

₹7b

Sep 30 2018n/an/a

₹7b

Jun 30 2018n/an/a

₹6b

Mar 31 2018₹152m₹7m

₹6b

Compensation vs Market: Shri's total compensation ($USD2.06M) is above average for companies of similar size in the Indian market ($USD482.59K).

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

CEO

Shri Oswal (82 yo)

19.4yrs

Tenure

₹174,014,033

Compensation

Mr. Shri Paul Oswal, M.Com. has been the Executive Chairman of Vardhman Textiles Limited since June 1, 2005 and its Managing Director since June 17, 2005. Mr. Oswal has been the Managing Director of Vardhm...

Leadership Team

NamePositionTenureCompensationOwnership
Shri Oswal
Executive Chairman & MD19.4yrs₹174.01m1.05%
₹ 1.4b
Suchita Jain
Vice Chairperson & Joint MD14.6yrs₹33.69m0.42%
₹ 556.0m
Neeraj Jain
Joint MD10.3yrs₹27.83m0.0028%
₹ 3.6m
Rajeev Thapar
Chief Financial Officerno data₹9.41m0.0024%
₹ 3.2m
Sanjay Gupta
Compliance Officer & Company Secretary7.4yrs₹2.48mno data
Sagrika Jain
Executive Director2.3yrs₹10.85m0.012%
₹ 15.9m
I. M. J. Sidhu
President & Director In-chargeno data₹14.49mno data
Bal Choudhary
Director of Operationsno data₹18.28mno data
Mukesh Bansal
Executive VP & Head of Fabric Sales & Marketingno data₹12.03mno data
Tara Gupta
Chief General Manager of Operations & Unit Headno data₹10.98m0.0096%
₹ 12.6m
Sushil Jhamb
Executive Vice Presidentno data₹11.85m0.0014%
₹ 1.8m
Mukesh Saxena
Chief General Managerno data₹10.91m0.0069%
₹ 9.1m

8.0yrs

Average Tenure

58yo

Average Age

Experienced Management: 502986's management team is seasoned and experienced (8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Shri Oswal
Executive Chairman & MD51.1yrs₹174.01m1.05%
₹ 1.4b
Suchita Jain
Vice Chairperson & Joint MD14.6yrs₹33.69m0.42%
₹ 556.0m
Neeraj Jain
Joint MD14.7yrs₹27.83m0.0028%
₹ 3.6m
Sagrika Jain
Executive Director2.3yrs₹10.85m0.012%
₹ 15.9m
Sachit Jain
Non-Executive Non Independent Director30.4yrsno datano data
Udey Paul Gill
Non-Executive Independent Director2.8yrs₹320.00kno data
Prem Kumar
Independent Directorless than a yearno datano data
Atul Khosla
Independent Director1.3yrs₹130.00kno data
Harpreet Kang
Non-Executive Independent Director5.8yrs₹420.00kno data
Suresh Kumar
Non-Executive Independent Director2.2yrs₹450.00kno data

4.3yrs

Average Tenure

57.5yo

Average Age

Experienced Board: 502986's board of directors are considered experienced (4.3 years average tenure).