Maral Overseas Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Shekhar Agarwal

Chief executive officer

₹21.1m

Total compensation

CEO salary percentage	86.4%
CEO tenure	35.3yrs
CEO ownership	5.4%
Management average tenure	4.4yrs
Board average tenure	24yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Shekhar Agarwal's remuneration changed compared to Maral Overseas's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-₹165m
Sep 30 2023	n/a	n/a	-₹238m
Jun 30 2023	n/a	n/a	-₹323m
Mar 31 2023	₹21m	₹18m	-₹159m
Dec 31 2022	n/a	n/a	-₹90m
Sep 30 2022	n/a	n/a	₹178m
Jun 30 2022	n/a	n/a	₹486m
Mar 31 2022	₹37m	₹16m	₹670m
Dec 31 2021	n/a	n/a	₹730m
Sep 30 2021	n/a	n/a	₹640m
Jun 30 2021	n/a	n/a	₹478m
Mar 31 2021	₹16m	₹11m	₹125m
Dec 31 2020	n/a	n/a	-₹123m
Sep 30 2020	n/a	n/a	-₹254m
Jun 30 2020	n/a	n/a	-₹313m
Mar 31 2020	₹18m	₹17m	-₹153m
Dec 31 2019	n/a	n/a	-₹15m
Sep 30 2019	n/a	n/a	₹17m
Jun 30 2019	n/a	n/a	₹65m
Mar 31 2019	₹23m	₹19m	₹81m
Dec 31 2018	n/a	n/a	₹92m
Sep 30 2018	n/a	n/a	₹50m
Jun 30 2018	n/a	n/a	₹31m
Mar 31 2018	₹11m	₹11m	₹10m

Compensation vs Market: Shekhar's total compensation ($USD253.41K) is above average for companies of similar size in the Indian market ($USD39.27K).

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

CEO

Shekhar Agarwal (71 yo)

35.3yrs

Tenure

₹21,126,000

Compensation

Mr. Shekhar Agarwal, B.Tech. (ME), M.Sc. serves as Chairman of the Board of Maral Overseas Ltd since June 19, 2020. He serves as the Chairman, Chief Executive Officer and Managing Director at Bhilwara Tech...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Shekhar Agarwal	Chairman	no data	₹21.13m	5.43% ₹ 177.2m
Manoj Gupta	Chief Financial Officer	1.5yrs	₹2.59m	no data
Mohit Maheshwari	Senior Vice President of Marketing	25.1yrs	₹5.90m	no data
Naveen Maheshwari	Senior Vice President of Garment	22.1yrs	₹5.34m	no data
Shantanu Agarwal	Joint MD	3.9yrs	₹9.34m	1.34% ₹ 43.8m
Satya Goyal	President of Sarovar Plant	4.3yrs	₹11.75m	0.0017% ₹ 55.1k
Sanjay Janghala	Vice President of Operations - Noida Unit	4.6yrs	₹10.10m	no data
Sanjay Bolya	Vice President of Commercial	no data	₹3.77m	no data
Kashmir Singh	Head of Operations	no data	₹3.40m	no data
Ramesh Jhunjhunwala	AVP of Finance & Accounts	11.6yrs	no data	no data
Sandeep Singh	Company Secretary & Compliance Officer	less than a year	no data	no data
Prem Choudhary	Head of Production	no data	no data	no data

4.4yrs

Average Tenure

50yo

Average Age

Experienced Management: 521018's management team is considered experienced (4.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Shekhar Agarwal	Chairman	35.3yrs	₹21.13m	5.43% ₹ 177.2m
Shantanu Agarwal	Joint MD	10.1yrs	₹9.34m	1.34% ₹ 43.8m
Priya Dasgupta	Independent Non-Executive Director	20.6yrs	₹550.00k	no data
Kamal Gupta	Independent Non-Executive Director	32.8yrs	₹860.00k	0.0072% ₹ 235.7k
Lakshmi Jhunjhunwala	Chairman-Emeritus	no data	no data	no data
Ravi Jhunjhunwala	Non Executive Director	27.5yrs	₹200.00k	no data
Archana Capoor	Independent Non-Executive Director	8.5yrs	₹700.00k	no data

24.0yrs

Average Tenure

68yo

Average Age

Experienced Board: 521018's board of directors are seasoned and experienced ( 24 years average tenure).

Maral Overseas Management

Management criteria checks 3/4

Key information

Recent management updates

Maral Overseas Limited Appoints Shri Sandeep Singh as Company Secretary

Maral Overseas Limited Announces Resignation of Avnish Maurya as Company Secretary & Compliance Officer, Effective 19 March 2024

Maral Overseas Limited Appoints Tarun Kumar Baldua as President

Maral Overseas Limited Announces Resignation of Virendra Kumar Garg, Company Secretary & Compliance Officer

Maral Overseas Limited, Annual General Meeting, Sep 20, 2023

Insufficient new directors

Recent updates

Maral Overseas Limited Appoints Shri Sandeep Singh as Company Secretary

Maral Overseas Limited Announces Resignation of Avnish Maurya as Company Secretary & Compliance Officer, Effective 19 March 2024

Third quarter 2024 earnings released: EPS: ₹0.26 (vs ₹1.50 loss in 3Q 2023)

New minor risk - Share price stability

Maral Overseas Limited to Report Q3, 2024 Results on Feb 07, 2024

Maral Overseas Limited Appoints Tarun Kumar Baldua as President

Second quarter 2024 earnings released: ₹0.55 loss per share (vs ₹2.61 loss in 2Q 2023)

Maral Overseas Limited Announces Resignation of Virendra Kumar Garg, Company Secretary & Compliance Officer

Maral Overseas Limited to Report Q2, 2024 Results on Nov 01, 2023

Maral Overseas Limited, Annual General Meeting, Sep 20, 2023

First quarter 2024 earnings released: ₹3.47 loss per share (vs ₹0.48 profit in 1Q 2023)

Maral Overseas Limited to Report Q1, 2024 Results on Aug 04, 2023

Full year 2023 earnings released: ₹3.84 loss per share (vs ₹16.14 profit in FY 2022)

Third quarter 2023 earnings released: ₹1.50 loss per share (vs ₹4.97 profit in 3Q 2022)

Maral Overseas Limited to Report Q3, 2023 Results on Feb 02, 2023

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Insufficient new directors

Second quarter 2023 earnings released: ₹2.61 loss per share (vs ₹4.80 profit in 2Q 2022)

Maral Overseas Limited Announces CFO Changes

Maral Overseas Limited to Report Q2, 2023 Results on Nov 04, 2022

Maral Overseas Limited Declares Dividend for the Financial Year Ended the 31St March, 2022

Upcoming dividend of ₹2.00 per share

Full year 2022 earnings released: EPS: ₹16.14 (vs ₹3.02 in FY 2021)

Maral Overseas Limited to Report Q1, 2023 Results on Aug 03, 2022

Maral Overseas Limited, Annual General Meeting, Aug 25, 2022

Maral Overseas Limited Recommends Dividend for the Financial Year 2021-22

Investor sentiment deteriorated over the past week

Full year 2022 earnings released: EPS: ₹16.14 (vs ₹3.02 in FY 2021)

Maral Overseas Limited Recommends Dividend the Fiscal Year 2022

Insufficient new directors

Investor sentiment improved over the past week

Investor sentiment deteriorated 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

Insufficient new directors

Second quarter 2022 earnings released: EPS ₹4.80 (vs ₹0.89 in 2Q 2021)

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

First quarter 2022 earnings released: EPS ₹4.92 (vs ₹3.59 loss in 1Q 2021)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Full year 2021 earnings released: EPS ₹3.02 (vs ₹3.68 loss in FY 2020)

Third quarter 2021 earnings released: EPS ₹2.82 (vs ₹0.35 loss in 3Q 2020)

Maral Overseas Limited to Report Q3, 2021 Results on Jan 28, 2021

New 90-day high: ₹29.40

New 90-day high: ₹24.09

New 90-day high: ₹15.30

New 90-day high: ₹14.74

New 90-day low: ₹11.24

Maral Overseas Limited to Report Q2, 2021 Results on Aug 07, 2020

New 90-day high - ₹14.55

First quarter earnings released

Maral Overseas Limited Resumes Operation of Manufacturing Units Located at Distt. Noida, Uttar Pradesh with Effect from May 11, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age