Vippy Spinpro Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Piyush Mutha

Chief executive officer

₹15.0m

Total compensation

CEO salary percentage	79.9%
CEO tenure	23yrs
CEO ownership	10.7%
Management average tenure	no data
Board average tenure	22.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Piyush Mutha's remuneration changed compared to Vippy Spinpro's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	₹18m
Sep 30 2023	n/a	n/a	₹24m
Jun 30 2023	n/a	n/a	₹57m
Mar 31 2023	₹15m	₹12m	₹107m
Dec 31 2022	n/a	n/a	₹138m
Sep 30 2022	n/a	n/a	₹152m
Jun 30 2022	n/a	n/a	₹154m
Mar 31 2022	₹11m	₹9m	₹122m
Dec 31 2021	n/a	n/a	₹116m
Sep 30 2021	n/a	n/a	₹106m
Jun 30 2021	n/a	n/a	₹72m
Mar 31 2021	₹11m	₹9m	₹40m
Dec 31 2020	n/a	n/a	₹24m
Sep 30 2020	n/a	n/a	₹15m
Jun 30 2020	n/a	n/a	₹15m
Mar 31 2020	₹11m	₹9m	₹38m
Dec 31 2019	n/a	n/a	₹43m
Sep 30 2019	n/a	n/a	₹45m
Jun 30 2019	n/a	n/a	₹47m
Mar 31 2019	₹10m	₹8m	₹45m
Dec 31 2018	n/a	n/a	₹41m
Sep 30 2018	n/a	n/a	₹38m
Jun 30 2018	n/a	n/a	₹36m
Mar 31 2018	₹8m	₹7m	₹34m

Compensation vs Market: Piyush's total compensation ($USD179.80K) is above average for companies of similar size in the Indian market ($USD39.52K).

Compensation vs Earnings: Piyush's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Piyush Mutha (54 yo)

23yrs

Tenure

₹15,014,742

Compensation

Mr. Piyush Mutha serves as the Managing Director of Vippy Spinpro Ltd. since May 01, 2001 and its Executive Director since April 01, 1992. He has experience in the cotton industry and business.He has rich...

Board Members

Name	Position	Tenure	Compensation	Ownership
Piyush Mutha	MD & Executive Director	32.1yrs	₹15.01m	10.67% ₹ 100.3m
Mangalore Rao	Whole Time Director	21.6yrs	₹420.00k	no data
Praneet Mutha	Non-Executive Non-Independent Director	23.4yrs	₹70.00k	8.88% ₹ 83.5m
Raghuram Krishnamurthy	Independent Non-Executive Director	23.6yrs	₹20.00k	no data
Deepa Mekal	Independent Woman Director	6.7yrs	₹45.00k	no data
Manish Jhanwar	Independent Director	2yrs	₹40.00k	no data

22.5yrs

Average Tenure

54yo

Average Age

Experienced Board: 514302's board of directors are seasoned and experienced ( 22.5 years average tenure).

Vippy Spinpro Management

Management criteria checks 1/4

Key information

Recent management updates

Vippy Spinpro Limited, Annual General Meeting, Aug 25, 2023

Vippy Spinpro Limited Announces Resignation of Hassan Ali as Chief Financial Officer

Vippy Spinpro Limited Appoints Pulkit Maheshwari as a Company Secretary and Compliance Officer

Vippy Spinpro Limited, Annual General Meeting, Sep 17, 2022

Vippy Spinpro Limited, Annual General Meeting, Sep 17, 2022

Vippy Spinpro Limited Announces Resignation of Ms. Ayushi Solanki as Company Secretary & Compliance Officer

Recent updates

Vippy Spinpro Limited to Report Q4, 2024 Results on May 14, 2024

Investor sentiment improves as stock rises 19%

Third quarter 2024 earnings released: EPS: ₹1.31 (vs ₹2.34 in 3Q 2023)

New major risk - Share price stability

Second quarter 2024 earnings released: EPS: ₹1.15 (vs ₹6.71 in 2Q 2023)

Investor sentiment improves as stock rises 21%

Vippy Spinpro Limited to Report Q2, 2024 Results on Nov 09, 2023

New minor risk - Share price stability

Investor sentiment improves as stock rises 17%

New major risk - Market cap size

New minor risk - Profit margin trend

Full year 2023 earnings released: EPS: ₹18.25 (vs ₹20.73 in FY 2022)

Vippy Spinpro Limited, Annual General Meeting, Aug 25, 2023

Full year 2023 earnings released: EPS: ₹18.25 (vs ₹20.73 in FY 2022)

Vippy Spinpro Limited to Report Fiscal Year 2023 Results on May 16, 2023

Investor sentiment improves as stock rises 17%

Third quarter 2023 earnings released: EPS: ₹2.34 (vs ₹4.60 in 3Q 2022)

Vippy Spinpro Limited to Report Q3, 2023 Results on Feb 09, 2023

Investor sentiment improves as stock rises 16%

Vippy Spinpro Limited Announces Resignation of Hassan Ali as Chief Financial Officer

Vippy Spinpro Limited Appoints Pulkit Maheshwari as a Company Secretary and Compliance Officer

Vippy Spinpro Limited to Report Q2, 2023 Results on Nov 07, 2022

Vippy Spinpro Limited, Annual General Meeting, Sep 17, 2022

Vippy Spinpro Limited, Annual General Meeting, Sep 17, 2022

Investor sentiment improved over the past week

Vippy Spinpro Limited Announces Resignation of Ms. Ayushi Solanki as Company Secretary & Compliance Officer

First quarter 2023 earnings released: EPS: ₹8.83 (vs ₹3.37 in 1Q 2022)

Vippy Spinpro Limited to Report Q1, 2023 Results on Aug 12, 2022

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Full year 2022 earnings released: EPS: ₹20.73 (vs ₹6.76 in FY 2021)

Vippy Spinpro Limited to Report Q4, 2022 Results on May 16, 2022

Insufficient new directors

Investor sentiment deteriorated over the past week

Now 22% undervalued

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

Vippy Spinpro Limited Announces Demise of Independent Director Shri Subhash Kocheta on February 8, 2022

Vippy Spinpro Limited to Report Q3, 2022 Results on Feb 10, 2022

Investor sentiment improved over the past week

Second quarter 2022 earnings released: EPS ₹7.05 (vs ₹1.28 in 2Q 2021)

Investor sentiment improved over the past week

Full year 2021 earnings released: EPS ₹6.76 (vs ₹6.45 in FY 2020)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Full year 2021 earnings released: EPS ₹6.76 (vs ₹6.45 in FY 2020)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

New 90-day high: ₹42.30

Vippy Spinpro Limited Announces Demise of Independent Director Mohan Jain

Independent Non-Executive Director has left the company

Third quarter 2021 earnings released: EPS ₹2.89 (vs ₹1.34 in 3Q 2020)

New 90-day high: ₹42.00

Vippy Spinpro Limited to Report Q3, 2021 Results on Feb 05, 2021

New 90-day high: ₹38.55

Vippy Spinpro Limited Announces Resignation of Itisha Sahu, Company Secretary & Compliance Officer of the Company

New 90-day high: ₹37.35

New 90-day high: ₹35.95

First half earnings released

Vippy Spinpro Limited to Report Q2, 2021 Results on Oct 23, 2020

New 90-day high: ₹35.30

New 90-day low - ₹29.95

Vippy Spinpro Limited to Report Q1, 2021 Results on Jul 18, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Board Members

Average Tenure

Average Age