Virat Industries Limited

BSE:530521 Stock Report

Market Cap: ₹2.1b

Virat Industries Management

Management criteria checks 4/4

Virat Industries' CEO is Adi Madan, appointed in Jan 2004, has a tenure of 30.67 years. total yearly compensation is ₹4.45M, comprised of 54% salary and 46% bonuses, including company stock and options. directly owns 2.4% of the company’s shares, worth ₹50.01M. The average tenure of the management team and the board of directors is 10.7 years and 5 years respectively.

Key information

Adi Madan

Chief executive officer

₹4.4m

Total compensation

CEO salary percentage54.0%
CEO tenure21yrs
CEO ownership2.4%
Management average tenure10.7yrs
Board average tenure5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Adi Madan's remuneration changed compared to Virat Industries's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹5m

Jun 30 2024n/an/a

₹4m

Mar 31 2024₹4m₹2m

₹8m

Dec 31 2023n/an/a

₹12m

Sep 30 2023n/an/a

₹20m

Jun 30 2023n/an/a

₹21m

Mar 31 2023₹4m₹4m

₹16m

Dec 31 2022n/an/a

₹15m

Sep 30 2022n/an/a

₹13m

Jun 30 2022n/an/a

₹14m

Mar 31 2022₹4m₹4m

₹14m

Dec 31 2021n/an/a

₹9m

Sep 30 2021n/an/a

₹10m

Jun 30 2021n/an/a

₹10m

Mar 31 2021₹4m₹4m

₹8m

Dec 31 2020n/an/a

₹11m

Sep 30 2020n/an/a

₹11m

Jun 30 2020n/an/a

₹9m

Mar 31 2020₹4m₹4m

₹15m

Dec 31 2019n/an/a

₹12m

Sep 30 2019n/an/a

₹11m

Jun 30 2019n/an/a

₹9m

Mar 31 2019₹4m₹4m

₹6m

Dec 31 2018n/an/a

₹10m

Sep 30 2018n/an/a

₹17m

Jun 30 2018n/an/a

₹29m

Mar 31 2018₹4m₹4m

₹35m

Compensation vs Market: Adi's total compensation ($USD51.86K) is about average for companies of similar size in the Indian market ($USD41.90K).

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

CEO

Adi Madan (67 yo)

21yrs

Tenure

₹4,447,924

Compensation

Mr. Adi Fredoon Madan, B.Com, L.L.B., has been the Managing Director at Virat Industries Ltd since 2004. Mr. Madan serves as Executive Director of Virat Industries Ltd. since May 24, 1994.

Leadership Team

NamePositionTenureCompensationOwnership
Adi Madan
MD & Executive Director21yrs₹4.45m2.4%
₹ 50.0m
Bhavik Maisuria
Chief Financial Officer10.7yrs₹707.78kno data
Himanshu Zinzuwadia
Company Secretary & Compliance Officerless than a yearno datano data
Ayesha DadyBurjor
Whole Time Directorno data₹1.70m4.72%
₹ 98.1m

10.7yrs

Average Tenure

Experienced Management: 530521's management team is seasoned and experienced (10.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Adi Madan
MD & Executive Director30.7yrs₹4.45m2.4%
₹ 50.0m
Ayesha DadyBurjor
Whole Time Director10.3yrs₹1.70m4.72%
₹ 98.1m
Kaizad DadyBurjor
Non-Executive Non-Independent Director9.3yrs₹60.00k1.08%
₹ 22.4m
Dashrath Pawaskar
Independent Directorless than a yearno data0.024%
₹ 506.8k
Vaibhav Mandhana
Independent Directorless than a yearno datano data
Chintamani Thatte
Independent Directorless than a yearno datano data

5.0yrs

Average Tenure

57yo

Average Age

Experienced Board: 530521's board of directors are considered experienced (5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/04 13:07
End of Day Share Price 2025/01/03 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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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Virat Industries 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
Nagaraju AirruvaFirstCall Research