Vardhman Textiles Limited

BSE:502986 Stock Report

Market Cap: ₹148.5b

Vardhman Textiles Management

Management criteria checks 3/4

Vardhman Textiles' CEO is Shri Oswal, appointed in Jun 2005, has a tenure of 19.58 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 ₹1.56B. The average tenure of the management team and the board of directors is 8.2 years and 4.5 years respectively.

Key information

Shri Oswal

Chief executive officer

₹174.0m

Total compensation

CEO salary percentage6.3%
CEO tenure19.6yrs
CEO ownership1.0%
Management average tenure8.2yrs
Board average tenure4.5yrs

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 ($USD2.03M) is above average for companies of similar size in the Indian market ($USD472.18K).

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

CEO

Shri Oswal (82 yo)

19.6yrs

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 & MD19.6yrs₹174.01m1.05%
₹ 1.6b
Suchita Jain
Vice Chairperson & Joint MD14.8yrs₹33.69m0.42%
₹ 627.7m
Neeraj Jain
Joint MD10.4yrs₹27.83m0.0028%
₹ 4.1m
Rajeev Thapar
Chief Financial Officerno data₹9.41m0.0024%
₹ 3.6m
Sanjay Gupta
Compliance Officer & Company Secretary7.6yrs₹2.48mno data
Sagrika Jain
Executive Director2.4yrs₹10.85m0.012%
₹ 17.9m
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%
₹ 14.2m
Sushil Jhamb
Executive Vice Presidentno data₹11.85m0.0014%
₹ 2.0m
Mukesh Saxena
Chief General Managerno data₹10.91m0.0069%
₹ 10.3m

8.2yrs

Average Tenure

58yo

Average Age

Experienced Management: 502986's management team is seasoned and experienced (8.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Shri Oswal
Executive Chairman & MD51.3yrs₹174.01m1.05%
₹ 1.6b
Suchita Jain
Vice Chairperson & Joint MD14.8yrs₹33.69m0.42%
₹ 627.7m
Neeraj Jain
Joint MD14.8yrs₹27.83m0.0028%
₹ 4.1m
Sagrika Jain
Executive Director2.4yrs₹10.85m0.012%
₹ 17.9m
Sachit Jain
Non-Executive Non Independent Director30.6yrsno datano data
Udey Paul Gill
Non-Executive Independent Director3yrs₹320.00kno data
Prem Kumar
Independent Directorless than a yearno datano data
Atul Khosla
Independent Director1.4yrs₹130.00kno data
Harpreet Kang
Non-Executive Independent Director5.9yrs₹420.00kno data
Suresh Kumar
Non-Executive Independent Director2.3yrs₹450.00kno data

4.5yrs

Average Tenure

57.5yo

Average Age

Experienced Board: 502986's board of directors are considered experienced (4.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/03 11:44
End of Day Share Price 2025/01/03 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Vardhman Textiles Limited is covered by 15 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Rajesh ZawarAnand Rathi Shares and Stock Brokers Limited
Gnanasundaram SaminathanAvendus Spark
Vijayaraghavan SwaminathanAvendus Spark