Gravity (India) Limited

BSE:532015 Stock Report

Market Cap: ₹59.3m

Gravity (India) Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Varun Thakkar

Chief executive officer

₹840.0k

Total compensation

CEO salary percentagen/a
CEO tenure8.3yrs
CEO ownership11.2%
Management average tenureno data
Board average tenure6.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Varun Thakkar's remuneration changed compared to Gravity (India)'s earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-₹77m

Jun 30 2024n/an/a

-₹65m

Mar 31 2024₹840kn/a

-₹62m

Dec 31 2023n/an/a

-₹40m

Sep 30 2023n/an/a

-₹11m

Jun 30 2023n/an/a

-₹9m

Mar 31 2023n/an/a

-₹10m

Dec 31 2022n/an/a

-₹4m

Sep 30 2022n/an/a

-₹4m

Jun 30 2022n/an/a

-₹448k

Mar 31 2022₹840kn/a

₹824k

Dec 31 2021n/an/a

₹2m

Sep 30 2021n/an/a

₹7m

Jun 30 2021n/an/a

-₹4m

Mar 31 2021₹840kn/a

-₹3m

Dec 31 2020n/an/a

₹3m

Sep 30 2020n/an/a

-₹3m

Jun 30 2020n/an/a

₹4m

Mar 31 2020₹840kn/a

₹3m

Dec 31 2019n/an/a

₹12m

Sep 30 2019n/an/a

₹8m

Jun 30 2019n/an/a

₹7m

Mar 31 2019₹840k₹840k

₹10m

Dec 31 2018n/an/a

-₹13m

Sep 30 2018n/an/a

-₹8m

Jun 30 2018n/an/a

-₹7m

Mar 31 2018₹840k₹840k

-₹7m

Compensation vs Market: Varun's total compensation ($USD9.79K) is below average for companies of similar size in the Indian market ($USD41.98K).

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

CEO

Varun Thakkar (40 yo)

8.3yrs

Tenure

₹840,000

Compensation

Mr. Varun Rasiklal Thakkar has been the Chairman and Managing Director at Gravity (India) Limited since October 2, 2016. Mr. Thakkar served as Chief Financial Officer of Gravity (India) Limited until Augus...

Board Members

NamePositionTenureCompensationOwnership
Varun Thakkar
Chairman & MD8.3yrs₹840.00k11.24%
₹ 6.7m
Dakshaben Thakkar
Non-Executive Non-Independent Director37.8yrsno data9.68%
₹ 5.7m
Samir Bipin Ruparelia
Non-Executive Independent Director5.4yrsno datano data
Dipti Kadam
Non-Executive Independent Director1.4yrsno datano data

6.8yrs

Average Tenure

41.5yo

Average Age

Experienced Board: 532015's board of directors are considered experienced (6.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/05 15:56
End of Day Share Price 2024/12/30 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Gravity (India) Limited is covered by 0 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