Suryalata Spinning Mills Management
Management criteria checks 2/4
Suryalata Spinning Mills' CEO is Mahender Agarwal, appointed in Sep 2010, has a tenure of 13.67 years. total yearly compensation is ₹5.66M, comprised of 85.1% salary and 14.9% bonuses, including company stock and options. directly owns 33.7% of the company’s shares, worth ₹590.66M. The average tenure of the management team and the board of directors is 9.8 years and 11.7 years respectively.
Key information
Mahender Agarwal
Chief executive officer
₹5.7m
Total compensation
| CEO salary percentage | 85.1% |
| CEO tenure | 13.7yrs |
| CEO ownership | 33.7% |
| Management average tenure | 9.8yrs |
| Board average tenure | 11.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | ₹211m |
| Sep 30 2023 | n/a | n/a | ₹243m |
| Jun 30 2023 | n/a | n/a | ₹285m |
| Mar 31 2023 | ₹6m | ₹5m | ₹338m |
| Dec 31 2022 | n/a | n/a | ₹515m |
| Sep 30 2022 | n/a | n/a | ₹553m |
| Jun 30 2022 | n/a | n/a | ₹533m |
| Mar 31 2022 | ₹5m | ₹4m | ₹478m |
| Dec 31 2021 | n/a | n/a | ₹369m |
| Sep 30 2021 | n/a | n/a | ₹330m |
| Jun 30 2021 | n/a | n/a | ₹252m |
| Mar 31 2021 | ₹5m | ₹4m | ₹188m |
| Dec 31 2020 | n/a | n/a | ₹94m |
| Sep 30 2020 | n/a | n/a | ₹70m |
| Jun 30 2020 | n/a | n/a | ₹113m |
| Mar 31 2020 | ₹5m | ₹4m | ₹141m |
| Dec 31 2019 | n/a | n/a | ₹145m |
| Sep 30 2019 | n/a | n/a | ₹134m |
| Jun 30 2019 | n/a | n/a | ₹127m |
| Mar 31 2019 | ₹4m | ₹3m | ₹142m |
| Dec 31 2018 | n/a | n/a | ₹105m |
| Sep 30 2018 | n/a | n/a | ₹91m |
| Jun 30 2018 | n/a | n/a | ₹82m |
| Mar 31 2018 | ₹4m | ₹3m | ₹79m |
Compensation vs Market: Mahender's total compensation ($USD67.95K) is above average for companies of similar size in the Indian market ($USD39.49K).
Compensation vs Earnings: Mahender's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Mahender Agarwal (59 yo)
13.7yrs
Tenure
₹5,664,891
Compensation
Mr. Mahender Kumar Agarwal has been Joint Managing Director of Suryalata Spinning Mills since September 23, 2010 and has been its Executive Director since March 31, 1991. Mr. Agarwal served as Company sec...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Joint MD & Executive Director | 13.7yrs | ₹5.66m | 33.7% ₹ 590.7m | |
| MD & Executive Director | no data | ₹4.80m | 19.19% ₹ 336.3m | |
| Chief Financial Officer | 9.8yrs | ₹3.11m | no data | |
| Company Secretary & Compliance Officer | 2.3yrs | ₹300.00k | no data | |
| Whole-Time Director | no data | ₹4.64m | 17.47% ₹ 306.1m | |
| Technical Manager | no data | no data | no data | |
| General Manager of Sales | no data | no data | no data | |
| General Manager of HR and P&A | no data | no data | no data | |
| Chief General Manager | no data | ₹2.77m | no data |
9.8yrs
Average Tenure
60yo
Average Age
Experienced Management: 514138's management team is seasoned and experienced (9.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Joint MD & Executive Director | 33.2yrs | ₹5.66m | 33.7% ₹ 590.7m | |
| MD & Executive Director | no data | ₹4.80m | 19.19% ₹ 336.3m | |
| Whole-Time Director | 10yrs | ₹4.64m | 17.47% ₹ 306.1m | |
| Non-Executive Independent Chairman | no data | ₹69.00k | 0.084% ₹ 1.5m | |
| Additional Independent Director | 2.8yrs | ₹69.00k | no data | |
| Non-Executive Independent Director | 13.3yrs | ₹69.00k | no data |
11.7yrs
Average Tenure
67yo
Average Age
Experienced Board: 514138's board of directors are seasoned and experienced ( 11.7 years average tenure).