Nitin Spinners Management
Management criteria checks 4/4
Nitin Spinners' CEO is Dinesh Nolkha, appointed in Feb 2021, has a tenure of 3.17 years. total yearly compensation is ₹14.81M, comprised of 34.2% salary and 65.8% bonuses, including company stock and options. directly owns 2.71% of the company’s shares, worth ₹539.62M. The average tenure of the management team and the board of directors is 3.2 years and 9.8 years respectively.
Key information
Dinesh Nolkha
Chief executive officer
₹14.8m
Total compensation
| CEO salary percentage | 34.2% |
| CEO tenure | 3.2yrs |
| CEO ownership | 2.7% |
| Management average tenure | 3.2yrs |
| Board average tenure | 9.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | ₹1b |
| Sep 30 2023 | n/a | n/a | ₹1b |
| Jun 30 2023 | n/a | n/a | ₹1b |
| Mar 31 2023 | ₹15m | ₹5m | ₹2b |
| Dec 31 2022 | n/a | n/a | ₹2b |
| Sep 30 2022 | n/a | n/a | ₹3b |
| Jun 30 2022 | n/a | n/a | ₹3b |
| Mar 31 2022 | ₹31m | ₹5m | ₹3b |
| Dec 31 2021 | n/a | n/a | ₹3b |
| Sep 30 2021 | n/a | n/a | ₹2b |
| Jun 30 2021 | n/a | n/a | ₹1b |
| Mar 31 2021 | ₹13m | ₹4m | ₹689m |
| Dec 31 2020 | n/a | n/a | ₹325m |
| Sep 30 2020 | n/a | n/a | ₹151m |
| Jun 30 2020 | n/a | n/a | ₹39m |
| Mar 31 2020 | ₹8m | ₹4m | ₹238m |
| Dec 31 2019 | n/a | n/a | ₹352m |
| Sep 30 2019 | n/a | n/a | ₹438m |
| Jun 30 2019 | n/a | n/a | ₹594m |
| Mar 31 2019 | ₹12m | ₹4m | ₹641m |
| Dec 31 2018 | n/a | n/a | ₹608m |
| Sep 30 2018 | n/a | n/a | ₹632m |
| Jun 30 2018 | n/a | n/a | ₹551m |
| Mar 31 2018 | ₹10m | ₹4m | ₹524m |
Compensation vs Market: Dinesh's total compensation ($USD177.53K) is about average for companies of similar size in the Indian market ($USD187.15K).
Compensation vs Earnings: Dinesh's compensation has been consistent with company performance over the past year.
CEO
Dinesh Nolkha (53 yo)
3.2yrs
Tenure
₹14,805,000
Compensation
Mr. Dinesh Nolkha, F.C.A., A.I.C.W.A, has been Managing Director of Nitin Spinners Ltd. since January 2006. Mr. Nolkha was instrumental in setting up Nitin Spinners Ltd.since 1992. Prior to setting up the...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Executive Director | 3.2yrs | ₹14.81m | 2.71% ₹ 539.6m | |
| Joint MD & Executive Director | 3.2yrs | ₹4.14m | 3.66% ₹ 728.6m | |
| President & CFO | no data | ₹4.00m | no data | |
| Joint President | no data | ₹3.95m | no data | |
| Joint President of Marketing | no data | ₹4.05m | no data | |
| President & COO | 17yrs | no data | no data | |
| Company Secretary | no data | ₹2.35m | no data |
3.2yrs
Average Tenure
53yo
Average Age
Experienced Management: 532698's management team is considered experienced (3.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Executive Director | no data | ₹14.81m | 2.71% ₹ 539.6m | |
| Joint MD & Executive Director | 25.5yrs | ₹4.14m | 3.66% ₹ 728.6m | |
| Independent & Non-Executive Director | 9.8yrs | ₹425.00k | 0.00018% ₹ 35.9k | |
| Independent & Non-Executive Director | 9.8yrs | ₹300.00k | no data | |
| Independent Director | 2.3yrs | ₹350.00k | 0.039% ₹ 7.8m | |
| Additional Independent Director | less than a year | no data | no data |
9.8yrs
Average Tenure
53yo
Average Age
Experienced Board: 532698's board of directors are considered experienced (9.8 years average tenure).