Sambandam Spinning Mills Limited

BSE:521240 Stock Report

Market Cap: ₹673.6m

Sambandam Spinning Mills Management

Management criteria checks 3/4

Sambandam Spinning Mills' CEO is Devarajan Sambandam, appointed in Oct 2002, has a tenure of 22.25 years. total yearly compensation is ₹12.00M, comprised of 70% salary and 30% bonuses, including company stock and options. directly owns 12.32% of the company’s shares, worth ₹82.70M. The average tenure of the management team and the board of directors is 11.8 years and 6.9 years respectively.

Key information

Devarajan Sambandam

Chief executive officer

₹12.0m

Total compensation

CEO salary percentage70.0%
CEO tenure22.3yrs
CEO ownership12.3%
Management average tenure11.8yrs
Board average tenure6.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

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

-₹85m

Jun 30 2024n/an/a

-₹58m

Mar 31 2024₹12m₹8m

-₹79m

Dec 31 2023n/an/a

-₹71m

Sep 30 2023n/an/a

-₹107m

Jun 30 2023n/an/a

-₹162m

Mar 31 2023₹12m₹8m

-₹117m

Dec 31 2022n/an/a

-₹163m

Sep 30 2022n/an/a

-₹20m

Jun 30 2022n/an/a

₹99m

Mar 31 2022₹10m₹7m

₹151m

Dec 31 2021n/an/a

₹295m

Sep 30 2021n/an/a

₹263m

Jun 30 2021n/an/a

₹186m

Mar 31 2021₹8m₹5m

₹81m

Dec 31 2020n/an/a

-₹24m

Sep 30 2020n/an/a

-₹58m

Jun 30 2020n/an/a

-₹23m

Mar 31 2020₹8m₹5m

₹23m

Dec 31 2019n/an/a

₹37m

Sep 30 2019n/an/a

₹29m

Jun 30 2019n/an/a

₹39m

Mar 31 2019₹7m₹4m

₹46m

Mar 31 2018₹5m₹3m

₹36m

Compensation vs Market: Devarajan's total compensation ($USD139.98K) is above average for companies of similar size in the Indian market ($USD42.02K).

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

CEO

Devarajan Sambandam (75 yo)

22.3yrs

Tenure

₹12,000,000

Compensation

Mr. Devarajan Sambandam, B.Sc., has been an Executive Chairman and Managing Director of Sambandam Spinning Mills Limited since May 29, 2008 and October 23, 2002 respectively and serves as its Chief Executi...

Leadership Team

NamePositionTenureCompensationOwnership
Devarajan Sambandam
Executive Chairman22.3yrs₹12.00m12.32%
₹ 83.0m
P. Boopalan
Chief Financial Officer5.6yrs₹3.00mno data
Jegarajan Sakthivel
CTO, Technical Director & Whole-Time Director11.8yrs₹4.80m0.34%
₹ 2.3m
S. Natarajan
Company Secretary & Compliance Officer8.6yrs₹1.62mno data
Dinakaran Kumar
Chief Marketing Officer5.6yrs₹4.80m0.14%
₹ 916.1k
Dinakaran Sambandam
Joint MD & Executive Director22.3yrs₹7.44m9.83%
₹ 66.2m
Jegarajan Sambandam
Joint MD & Executive Director22.3yrs₹11.64m11.46%
₹ 77.2m

11.8yrs

Average Tenure

66yo

Average Age

Experienced Management: 521240's management team is seasoned and experienced (11.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Devarajan Sambandam
Executive Chairman19.8yrs₹12.00m12.32%
₹ 83.0m
Jegarajan Sakthivel
CTO, Technical Director & Whole-Time Director3.4yrs₹4.80m0.34%
₹ 2.3m
Dinakaran Kumar
Chief Marketing Officer3.4yrs₹4.80m0.14%
₹ 916.1k
Dinakaran Sambandam
Joint MD & Executive Director19.8yrs₹7.44m9.83%
₹ 66.2m
Jegarajan Sambandam
Joint MD & Executive Director19.8yrs₹11.64m11.46%
₹ 77.2m
Devarajan Sudharsan
Non-Executive Director29.6yrs₹125.00k2.08%
₹ 14.0m
Sekar Venkatesan
Non-Executive Independent Director7.8yrs₹465.00kno data
Balasundaram Doraisami
Non-Executive Independent Director7.7yrs₹465.00kno data
Annapoorani Venugopalan
Non-Executive Independent Woman Director6.2yrs₹200.00kno data
Subramanian Bhaskaran
Non-Executive Independent Director3.4yrs₹200.00kno data
T. Padmanabhan
Additional Non-Executive Independent Directorless than a yearno datano data
M. Gopalakrishnan
Additional Non-Executive Independent Directorless than a yearno datano data

6.9yrs

Average Tenure

66.5yo

Average Age

Experienced Board: 521240's board of directors are considered experienced (6.9 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/07 15:20
End of Day Share Price 2025/01/07 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Industry and Sector Metrics

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Analyst Sources

Sambandam Spinning Mills Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Shailaja CH.FirstCall Research