VIP Clothing Limited

BSE:532613 Stock Report

Market Cap: ₹4.4b

VIP Clothing Management

Management criteria checks 2/4

VIP Clothing's CEO is Sunil Pathare, appointed in Feb 2019, has a tenure of 5.75 years. total yearly compensation is ₹9.58M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 16.92% of the company’s shares, worth ₹745.86M. The average tenure of the management team and the board of directors is 4.3 years and 5.2 years respectively.

Key information

Sunil Pathare

Chief executive officer

₹9.6m

Total compensation

CEO salary percentage100.0%
CEO tenure5.8yrs
CEO ownership16.9%
Management average tenure4.3yrs
Board average tenure5.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Sunil Pathare's remuneration changed compared to VIP Clothing's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-₹97m

Jun 30 2024n/an/a

-₹130m

Mar 31 2024₹10m₹10m

-₹127m

Dec 31 2023n/an/a

-₹33m

Sep 30 2023n/an/a

₹52m

Jun 30 2023n/an/a

₹93m

Mar 31 2023₹9m₹9m

₹66m

Dec 31 2022n/an/a

₹67m

Sep 30 2022n/an/a

-₹7m

Jun 30 2022n/an/a

-₹2m

Mar 31 2022₹8m₹8m

-₹22m

Dec 31 2021n/an/a

-₹45m

Sep 30 2021n/an/a

₹25m

Jun 30 2021n/an/a

₹308k

Mar 31 2021₹8m₹8m

-₹10m

Dec 31 2020n/an/a

-₹139m

Sep 30 2020n/an/a

-₹305m

Jun 30 2020n/an/a

-₹207m

Mar 31 2020₹9m₹9m

-₹150m

Dec 31 2019n/an/a

-₹36m

Sep 30 2019n/an/a

₹73m

Jun 30 2019n/an/a

-₹57m

Mar 31 2019₹7m₹7m

-₹62m

Dec 31 2018n/an/a

-₹70m

Sep 30 2018n/an/a

-₹67m

Jun 30 2018n/an/a

₹7m

Mar 31 2018₹6m₹6m

-₹30m

Compensation vs Market: Sunil's total compensation ($USD113.47K) is above average for companies of similar size in the Indian market ($USD42.63K).

Compensation vs Earnings: Sunil's compensation has increased whilst the company is unprofitable.

CEO

Sunil Pathare (53 yo)

5.8yrs

Tenure

₹9,582,000

Compensation

Mr. Sunil Jaykumar Pathare, B.com, serves as Managing Director at VIP Clothing Limited. Mr. Pathare served as Managing Director of VIP Clothing Limited from July 2008 to February 12, 2016 and serves as its...

Leadership Team

NamePositionTenureCompensationOwnership
Sunil Pathare
Executive Chairman & MD5.8yrs₹9.58m16.92%
₹ 745.9m
Devendra Vyas
Chief Finance Controller4.3yrs₹61.00no data
Kapil Pathare
Whole Time Directorno data₹8.18m14.59%
₹ 643.3m
Rupal Ambetkar
Executive Asst. To CMD & Head – Logisticsno data₹25.00no data
Rahul Soni
Company Secretary & Compliance Officerless than a yearno datano data
Bhushan Patel
Vice President of Salesno datano datano data
Milind Shende
Head of Human Resourceno datano datano data
Ashik Shah
NSM – VIPno datano datano data
T. Reddy
Deputy General Manager of Operations - Thingalurno data₹1.91mno data
Manmeet Bhasin
National Sales Manager of Modern Trade & CSDno datano datano data
Amol Gaur
National Sales Manager – Frenchieno datano datano data
Shashikant Bhosle
National Sales Manager – Feelings & Bratno datano datano data

4.3yrs

Average Tenure

51yo

Average Age

Experienced Management: 532613's management team is considered experienced (4.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Sunil Pathare
Executive Chairman & MD32.2yrs₹9.58m16.92%
₹ 745.9m
Kapil Pathare
Whole Time Director21.2yrs₹8.18m14.59%
₹ 643.3m
Meher Castelino
Non-Executive Independent Director9.7yrs₹160.00kno data
Vilas Gupte
Independent Directorless than a yearno datano data
Vandana Bhardwaj
Independent Directorless than a yearno datano data
Kishor Navandar
Independent Directorless than a yearno datano data

5.2yrs

Average Tenure

53yo

Average Age

Experienced Board: 532613's board of directors are considered experienced (5.2 years average tenure).