Damodar Industries Management
Management criteria checks 3/4
Damodar Industries' CEO is Ajay Biyani, appointed in Jun 1998, has a tenure of 25.92 years. total yearly compensation is ₹5.40M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 15.36% of the company’s shares, worth ₹192.68M. The average tenure of the management team and the board of directors is 3.3 years and 15.2 years respectively.
Key information
Ajay Biyani
Chief executive officer
₹5.4m
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 25.9yrs |
| CEO ownership | 15.4% |
| Management average tenure | 3.3yrs |
| Board average tenure | 15.2yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | ₹31m |
| Sep 30 2023 | n/a | n/a | ₹24m |
| Jun 30 2023 | n/a | n/a | -₹790k |
| Mar 31 2023 | ₹5m | ₹5m | ₹8m |
| Dec 31 2022 | n/a | n/a | ₹63m |
| Sep 30 2022 | n/a | n/a | ₹137m |
| Jun 30 2022 | n/a | n/a | ₹184m |
| Mar 31 2022 | ₹5m | ₹5m | ₹184m |
| Dec 31 2021 | n/a | n/a | ₹206m |
| Sep 30 2021 | n/a | n/a | ₹148m |
| Jun 30 2021 | n/a | n/a | ₹53m |
| Mar 31 2021 | ₹7m | ₹7m | -₹62m |
| Dec 31 2020 | n/a | n/a | -₹189m |
| Sep 30 2020 | n/a | n/a | -₹195m |
| Jun 30 2020 | n/a | n/a | -₹129m |
| Mar 31 2020 | ₹7m | ₹7m | -₹69m |
| Dec 31 2019 | n/a | n/a | -₹29m |
| Sep 30 2019 | n/a | n/a | ₹3m |
| Jun 30 2019 | n/a | n/a | ₹36m |
| Mar 31 2019 | ₹6m | ₹6m | ₹84m |
| Dec 31 2018 | n/a | n/a | ₹114m |
| Sep 30 2018 | n/a | n/a | ₹116m |
| Jun 30 2018 | n/a | n/a | ₹109m |
| Mar 31 2018 | ₹6m | ₹6m | ₹117m |
Compensation vs Market: Ajay's total compensation ($USD64.77K) is above average for companies of similar size in the Indian market ($USD39.52K).
Compensation vs Earnings: Ajay's compensation has been consistent with company performance over the past year.
CEO
Ajay Biyani (61 yo)
25.9yrs
Tenure
₹5,400,000
Compensation
Mr. Ajay D. Biyani has been the Managing Director of Damodar Industries Limited (formerly, Damodar Threads Ltd.) since June 5, 1998., and served as its Vigilance & Ethics Officer. He oversees the productio...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder & Executive Chairman | 32.3yrs | ₹5.40m | 30.13% ₹ 377.8m | |
| Co-Founder | 25.9yrs | ₹5.40m | 15.36% ₹ 192.7m | |
| Co-Founder & Whole-Time Director | no data | ₹5.40m | no data | |
| Chief Financial Officer | 3.8yrs | ₹671.00k | no data | |
| General Manager of Technical | no data | no data | no data | |
| Head of Administration | no data | no data | 0.64% ₹ 8.0m | |
| Company Secretary & Compliance Officer | less than a year | no data | no data | |
| Chief Marketing Officer | 2.7yrs | no data | 1.16% ₹ 14.5m | |
| Head of Finance & Marketing | no data | no data | 1.5% ₹ 18.8m | |
| Head of Amravati Plant | no data | no data | 1.72% ₹ 21.5m | |
| Chief Engineer | no data | no data | no data |
3.3yrs
Average Tenure
44.5yo
Average Age
Experienced Management: 521220's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder & Executive Chairman | 32.3yrs | ₹5.40m | 30.13% ₹ 377.8m | |
| Co-Founder | 25.9yrs | ₹5.40m | 15.36% ₹ 192.7m | |
| Co-Founder & Whole-Time Director | 32.2yrs | ₹5.40m | no data | |
| Additional Non-Executive Independent Director | 4yrs | ₹40.00k | 0.032% ₹ 403.7k | |
| Additional Non-Executive Independent Director | 3.3yrs | ₹30.00k | 0.0086% ₹ 107.6k | |
| Independent Non Executive Director | 4.5yrs | ₹35.00k | 0.0054% ₹ 67.2k |
15.2yrs
Average Tenure
61yo
Average Age
Experienced Board: 521220's board of directors are seasoned and experienced ( 15.2 years average tenure).