Suryalata Spinning Mills Limited

BSE:514138 Stock Report

Market Cap: ₹1.3b

Suryalata Spinning Mills Management

Management criteria checks 3/4

Suryalata Spinning Mills' CEO is Mahender Agarwal, appointed in Sep 2010, has a tenure of 14.17 years. total yearly compensation is ₹6.00M, comprised of 85.3% salary and 14.7% bonuses, including company stock and options. directly owns 33.7% of the company’s shares, worth ₹440.58M. The average tenure of the management team and the board of directors is 10.3 years and 10.5 years respectively.

Key information

Mahender Agarwal

Chief executive officer

₹6.0m

Total compensation

CEO salary percentage85.3%
CEO tenure14.2yrs
CEO ownership33.7%
Management average tenure10.3yrs
Board average tenure10.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mahender Agarwal's remuneration changed compared to Suryalata Spinning Mills's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹128m

Jun 30 2024n/an/a

₹160m

Mar 31 2024₹6m₹5m

₹186m

Dec 31 2023n/an/a

₹211m

Sep 30 2023n/an/a

₹243m

Jun 30 2023n/an/a

₹285m

Mar 31 2023₹6m₹5m

₹343m

Dec 31 2022n/an/a

₹515m

Sep 30 2022n/an/a

₹553m

Jun 30 2022n/an/a

₹533m

Mar 31 2022₹5m₹4m

₹478m

Dec 31 2021n/an/a

₹369m

Sep 30 2021n/an/a

₹330m

Jun 30 2021n/an/a

₹252m

Mar 31 2021₹5m₹4m

₹188m

Dec 31 2020n/an/a

₹94m

Sep 30 2020n/an/a

₹70m

Jun 30 2020n/an/a

₹113m

Mar 31 2020₹5m₹4m

₹141m

Dec 31 2019n/an/a

₹145m

Sep 30 2019n/an/a

₹134m

Jun 30 2019n/an/a

₹127m

Mar 31 2019₹4m₹3m

₹142m

Dec 31 2018n/an/a

₹105m

Sep 30 2018n/an/a

₹91m

Jun 30 2018n/an/a

₹82m

Mar 31 2018₹4m₹3m

₹79m

Compensation vs Market: Mahender's total compensation ($USD71.09K) is above average for companies of similar size in the Indian market ($USD42.63K).

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

CEO

Mahender Agarwal (60 yo)

14.2yrs

Tenure

₹6,003,430

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

NamePositionTenureCompensationOwnership
Mahender Agarwal
Joint MD & Executive Director14.2yrs₹6.00m33.7%
₹ 440.6m
Vithaldas Agarwal
MD & Executive Directorno data₹5.10m19.19%
₹ 250.9m
Kommineni Rao
Chief Financial Officer10.3yrs₹3.30mno data
Madhavi Agarwal
Whole-Time Directorno data₹5.11m17.47%
₹ 228.3m
Venkata Sadhanala
Company Secretary & Compliance Officerless than a yearno datano data
D. V. Reddy
General Manager of HR and P&Ano datano datano data
Kaushlendra Sinha
Chief General Managerno data₹2.77mno data

10.3yrs

Average Tenure

62.5yo

Average Age

Experienced Management: 514138's management team is seasoned and experienced (10.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Mahender Agarwal
Joint MD & Executive Director33.7yrs₹6.00m33.7%
₹ 440.6m
Vithaldas Agarwal
MD & Executive Director15.3yrs₹5.10m19.19%
₹ 250.9m
Madhavi Agarwal
Whole-Time Director10.5yrs₹5.11m17.47%
₹ 228.3m
Meka Yugandhar
Independent Directorless than a yearno datano data
Kanuri Prasad
Independent Non-Executive Director3.3yrs₹90.00kno data
Kethireddy Reddy
Non-Executive Independent Director13.8yrs₹70.00kno data
Ramasahayam Reddy
Additional Independent Directorless than a yearno datano data

10.5yrs

Average Tenure

68yo

Average Age

Experienced Board: 514138's board of directors are seasoned and experienced ( 10.5 years average tenure).