Garware Synthetics Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Sunder Moolya

Chief executive officer

₹727.0k

Total compensation

CEO salary percentage	n/a
CEO tenure	23yrs
CEO ownership	n/a
Management average tenure	3.2yrs
Board average tenure	5.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Sunder Moolya's remuneration changed compared to Garware Synthetics's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	₹4m
Sep 30 2023	n/a	n/a	₹4m
Jun 30 2023	n/a	n/a	₹6m
Mar 31 2023	₹727k	n/a	₹6m
Dec 31 2022	n/a	n/a	-₹3m
Sep 30 2022	n/a	n/a	-₹899k
Jun 30 2022	n/a	n/a	₹1m
Mar 31 2022	₹711k	n/a	₹2m
Dec 31 2021	n/a	n/a	₹6m
Sep 30 2021	n/a	n/a	₹7m
Jun 30 2021	n/a	n/a	₹7m
Mar 31 2021	₹541k	₹541k	₹6m
Dec 31 2020	n/a	n/a	₹11m
Sep 30 2020	n/a	n/a	₹8m
Jun 30 2020	n/a	n/a	₹6m
Mar 31 2020	₹555k	₹555k	₹1m
Dec 31 2019	n/a	n/a	-₹18m
Sep 30 2019	n/a	n/a	-₹15m
Jun 30 2019	n/a	n/a	-₹20m
Mar 31 2019	₹530k	₹530k	-₹14m
Dec 31 2018	n/a	n/a	-₹969k
Sep 30 2018	n/a	n/a	₹1m
Jun 30 2018	n/a	n/a	₹3m
Mar 31 2018	₹494k	₹494k	₹3m

Compensation vs Market: Sunder's total compensation ($USD8.72K) is below average for companies of similar size in the Indian market ($USD39.52K).

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

CEO

Sunder Moolya (72 yo)

23yrs

Tenure

₹727,000

Compensation

Mr. Sunder Kocha Moolya serves as a Managing Director Whole Time Director at Garware Synthetics Limited and serves its Whole Time Director since May 02, 2001.

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Sunder Moolya	MD & Whole Time Director	no data	₹727.00k	no data
Santosh Borkar	Executive Whole Time Director	no data	₹354.75k	0.0034% ₹ 2.8k
Deepak Kamble	Executive Director	1.7yrs	₹394.25k	no data
Dinesh Gurav	Chief Financial Officer	5.2yrs	₹351.37k	no data
Swati Shah	Company Secretary & Compliance Officer	3.2yrs	no data	no data

3.2yrs

Average Tenure

55yo

Average Age

Experienced Management: 514400's management team is considered experienced (3.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Sunder Moolya	MD & Whole Time Director	23yrs	₹727.00k	no data
Santosh Borkar	Executive Whole Time Director	15yrs	₹354.75k	0.0034% ₹ 2.8k
Deepak Kamble	Executive Director	1.7yrs	₹394.25k	no data
Kirtikumar Doshi	Non-Executive & Independent Director	no data	₹20.00k	no data
Sandip Pawar	Non-Executive Independent Director	4.9yrs	₹20.00k	no data
Shilpa Parab	Independent & Non- Executive Director	5.3yrs	₹20.00k	no data

5.3yrs

Average Tenure

54.5yo

Average Age

Experienced Board: 514400's board of directors are considered experienced (5.3 years average tenure).

Garware Synthetics Management

Management criteria checks 4/4

Key information

Recent management updates

Garware Synthetics Limited, Annual General Meeting, Sep 29, 2023

High number of new directors

Garware Synthetics Limited Appoints of Mr. Deepak Pandurang Kamble as an Executive Director

Garware Synthetics Limited, Annual General Meeting, Sep 28, 2022

Insufficient new directors

Insufficient new directors

Recent updates

Third quarter 2024 earnings released: EPS: ₹0.06 (vs ₹0.05 loss in 3Q 2023)

Garware Synthetics Limited to Report Q3, 2024 Results on Feb 13, 2024

Investor sentiment deteriorates as stock falls 17%

Investor sentiment improves as stock rises 16%

Second quarter 2024 earnings released: ₹0.34 loss per share (vs ₹0.01 profit in 2Q 2023)

Investor sentiment improves as stock rises 20%

Garware Synthetics Limited, Annual General Meeting, Sep 29, 2023

First quarter 2024 earnings released: ₹0.05 loss per share (vs ₹0.05 loss in 1Q 2023)

Garware Synthetics Limited to Report Q1, 2024 Results on Aug 11, 2023

Investor sentiment improves as stock rises 18%

Investor sentiment improves as stock rises 17%

Full year 2023 earnings released: EPS: ₹1.00 (vs ₹0.40 in FY 2022)

Garware Synthetics Limited to Report Q4, 2023 Results on May 30, 2023

Third quarter 2023 earnings released: ₹0.05 loss per share (vs ₹0.32 profit in 3Q 2022)

Garware Synthetics Limited to Report Q3, 2023 Results on Feb 13, 2023

Now 21% undervalued after recent price drop

Now 21% undervalued

Now 21% undervalued after recent price drop

Now 27% undervalued after recent price drop

Garware Synthetics Limited to Report Q2, 2023 Results on Nov 14, 2022

Investor sentiment deteriorated over the past week

Now 22% undervalued after recent price drop

High number of new directors

Investor sentiment deteriorated over the past week

Garware Synthetics Limited Appoints of Mr. Deepak Pandurang Kamble as an Executive Director

Garware Synthetics Limited, Annual General Meeting, Sep 28, 2022

Garware Synthetics Limited to Report Q1, 2023 Results on Aug 12, 2022

Insufficient new directors

Full year 2022 earnings released: EPS: ₹0.40 (vs ₹1.00 in FY 2021)

Garware Synthetics Limited to Report Q4, 2022 Results on Jul 19, 2022

Investor sentiment improved over the past week

Insufficient new directors

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

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

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Second quarter 2022 earnings released: EPS ₹0.42 (vs ₹0.37 in 2Q 2021)

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

First quarter 2022 earnings released: EPS ₹0.10 (vs ₹0.08 loss in 1Q 2021)

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Full year 2021 earnings released: EPS ₹1.00 (vs ₹0.19 in FY 2020)

Investor sentiment improved over the past week

Company Secretary & Compliance Officer has left the company

Garware Synthetics Limited Announces Resignation of Vrunda Mehta as Company Secretary and Compliance Officer

New 90-day high: ₹4.44

Third quarter 2021 earnings released: EPS ₹0.45 (vs ₹0.04 in 3Q 2020)

Garware Synthetics Limited to Report Q3, 2021 Results on Feb 12, 2021

New 90-day high: ₹4.29

Investor sentiment improved over the past week

New 90-day high: ₹2.07

Garware Synthetics Limited to Report Q2, 2021 Results on Nov 11, 2020

New 90-day high: ₹1.94

Garware Synthetics Limited to Report Q1, 2021 Results on Sep 14, 2020

New 90-day high - ₹1.54

Garware Synthetics Limited to Report Q4, 2020 Results on Jul 31, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team