Deepak Spinners Management

Management criteria checks 2/4

Deepak Spinners' CEO is Yashwant Daga, appointed in Apr 2024, has a tenure of less than a year. directly owns 13.88% of the company’s shares, worth ₹186.70M. The average tenure of the management team and the board of directors is 1.2 years and 3.4 years respectively.

Key information

Yashwant Daga

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	13.9%
Management average tenure	1.2yrs
Board average tenure	3.4yrs

Recent management updates

Recent updates

CEO

Yashwant Daga (63 yo)

less than a year

Tenure

Mr. Yashwant Kumar Daga served as Vice Chairman -cum- Joint Managing Director at Deepak Industries Ltd. until April 16, 2024 and serves as its Chairman and Managing Director since April 16, 2024. He was No...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Yashwant Daga	Chairman & MD	less than a year	no data	13.88% ₹ 186.7m
Punam Sharma	Chief Financial Officer	4yrs	₹2.26m	no data
Puneeta Arora	Company Secretary & Compliance Officer	no data	₹1.51m	no data
Shantanu Daga	Non-Executive Director	no data	₹6.33m	0.41% ₹ 5.5m
Raja Kankani	President	1.2yrs	no data	no data
Sham Saxena	Vice President of Personnel & Administration	no data	no data	no data
M. Shekhawat	Vice President of Sales	no data	no data	no data
Sudesh Tiwari	Senior Vice President of Works - Baddi Works	no data	no data	no data
S. Thakur	Senior Vice President of Engineering - Baddi Works	no data	no data	no data
Matru Satpathy	Senior Executive Vice President	1.2yrs	no data	no data

1.2yrs

Average Tenure

Experienced Management: 514030's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Yashwant Daga	Chairman & MD	26.8yrs	no data	13.88% ₹ 186.7m
Shantanu Daga	Non-Executive Director	4yrs	₹6.33m	0.41% ₹ 5.5m
Pradip Daga	Chairman Emeritus	less than a year	₹16.30m	2.1% ₹ 28.2m
Asha Daga	Non-Executive Non-Independent Director	2.8yrs	₹281.39k	0.0060% ₹ 80.0k

3.4yrs

Average Tenure

Experienced Board: 514030's board of directors are considered experienced (3.4 years average tenure).

Deepak Spinners Management

Management criteria checks 2/4

Key information

Recent management updates

Less than half of directors are independent

Deepak Spinners Limited Announces Resignation of Sharad Agarwal as Independent Director

Deepak Spinners Limited Announces the Resignation of Anand Prasad Agarwalla as Independent Director

Deepak Spinners Limited Announces Resignation of Vivek Chiraniya as Independent Director

Deepak Spinners Limited, Annual General Meeting, Aug 30, 2024

Deepak Spinners Limited, Annual General Meeting, Aug 30, 2024

Recent updates

Less than half of directors are independent

Deepak Spinners Limited Announces Resignation of Sharad Agarwal as Independent Director

Deepak Spinners Limited to Report Q2, 2025 Results on Nov 14, 2024

New minor risk - Dividend sustainability

Deepak Spinners Limited Announces the Resignation of Anand Prasad Agarwalla as Independent Director

Deepak Spinners Limited Announces Resignation of Vivek Chiraniya as Independent Director

Deepak Spinners Limited Declares Dividend for the Year Ended on March 31, 2024

Upcoming dividend of ₹0.50 per share

Full year 2024 earnings released: EPS: ₹1.81 (vs ₹55.76 in FY 2023)

Deepak Spinners Limited, Annual General Meeting, Aug 30, 2024

Deepak Spinners Limited, Annual General Meeting, Aug 30, 2024

Deepak Spinners Limited to Report Q1, 2025 Results on Aug 13, 2024

Full year 2024 earnings released: EPS: ₹1.81 (vs ₹55.76 in FY 2023)

Deepak Spinners Limited Proposes Dividend for the Year Ended on 31 March 2024

Deepak Spinners Limited Proposes Dividend for the Year Ended on 31 March 2024

Deepak Spinners Limited to Report Q4, 2024 Results on May 29, 2024

Deepak Spinners Limited Announces Management Changes

Third quarter 2024 earnings released: ₹0.71 loss per share (vs ₹10.11 profit in 3Q 2023)

Deepak Spinners Limited to Report Q3, 2024 Results on Feb 09, 2024

Investor sentiment improves as stock rises 21%

Second quarter 2024 earnings released: EPS: ₹3.53 (vs ₹18.21 in 2Q 2023)

Deepak Spinners Limited to Report Q2, 2024 Results on Nov 09, 2023

Deepak Spinners Limited Appoints Mr. Matru Prasad Satpathy as Senior Executive Vice President

Deepak Spinners Limited Appoints Mr. Raja Ram Kankani as President, Effective September 25, 2023

Deepak Spinners Limited Announces Resignation of Shri Upendra Kumar Pattnaik, President

Deepak Spinners Limited Announces Resignation of Dinesh Rajpurohit as Senior Executive Vice-President

Deepak Spinners Limited Announces Resignation of Upendra Kumar Pattnaik, President

First quarter 2024 earnings released: EPS: ₹3.06 (vs ₹17.33 in 1Q 2023)

Investor sentiment improves as stock rises 23%

Deepak Spinners Limited Approves Dividend for the Year Ended March 31, 2023

Upcoming dividend of ₹2.50 per share at 1.1% yield

High number of new directors

Deepak Spinners Limited, Annual General Meeting, Jul 12, 2023

Deepak Spinners Limited Recommends Dividend for the Year Ended on 31 March 2023

Full year 2023 earnings released: EPS: ₹55.76 (vs ₹54.64 in FY 2022)

Deepak Spinners Limited Recommends Dividend for the Year Ended on 31 March 2023

Deepak Spinners Limited to Report Q4, 2023 Results on May 24, 2023

Deepak Spinners Limited to Report Q3, 2023 Results on Feb 10, 2023

Deepak Spinners Limited Announces Resignation of Nilu Agrawal as Independent Director

Deepak Spinners Limited Announces Alteration in Nomenclature of Designation of Managing Director

First quarter 2023 earnings released

Deepak Spinners Limited to Report Q2, 2022 Results on Aug 10, 2022

Deepak Spinners Limited Announces Dividend for the Year Ended March 31, 2022

Investor sentiment improved over the past week

Upcoming dividend of ₹2.50 per share

Full year 2022 earnings released: EPS: ₹54.64 (vs ₹21.82 in FY 2021)

Deepak Spinners Limited, Annual General Meeting, Jun 30, 2022

Deepak Spinners Limited Recommends Dividend for the Year Ended on 31 March 2022

Deepak Spinners Limited Announces Board Changes

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Deepak Spinners Limited Announces Resignation of Jyotsna Mital as Independent Director

Investor sentiment deteriorated over the past week

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Deepak Spinners Limited Appoints Asha Devi Daga as Non-Executive Non- Independent Director and Jyotsna Mital as Independent Director

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Second quarter 2022 earnings released: EPS ₹16.05 (vs ₹5.97 in 2Q 2021)

Upcoming dividend of ₹2.00 per share

Investor sentiment improved over the past week

First quarter 2022 earnings released: EPS ₹7.26 (vs ₹10.15 loss in 1Q 2021)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Full year 2021 earnings released: EPS ₹21.82 (vs ₹20.70 in FY 2020)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Deepak Spinners Limited Appoints Upendra Kumar Patnaik as President

New 90-day high: ₹111