Suryaamba Spinning Mills Limited

BSE:533101 Stock Report

Market Cap: ₹463.5m

Suryaamba Spinning Mills Management

Management criteria checks 3/4

Suryaamba Spinning Mills' CEO is Virender Agarwal, appointed in Mar 2011, has a tenure of 13.5 years. total yearly compensation is ₹4.74M, comprised of 95% salary and 5% bonuses, including company stock and options. directly owns 41.64% of the company’s shares, worth ₹193.01M. The average tenure of the management team and the board of directors is 13.5 years and 10.1 years respectively.

Key information

Virender Agarwal

Chief executive officer

₹4.7m

Total compensation

CEO salary percentage95.0%
CEO tenure13.5yrs
CEO ownership41.6%
Management average tenure13.5yrs
Board average tenure10.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Virender Agarwal's remuneration changed compared to Suryaamba Spinning Mills's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

₹11m

Mar 31 2024₹5m₹5m

₹18m

Dec 31 2023n/an/a

₹16m

Sep 30 2023n/an/a

₹23m

Jun 30 2023n/an/a

₹48m

Mar 31 2023₹5m₹5m

₹79m

Dec 31 2022n/an/a

₹125m

Sep 30 2022n/an/a

₹153m

Jun 30 2022n/an/a

₹158m

Mar 31 2022₹3m₹3m

₹144m

Dec 31 2021n/an/a

₹125m

Sep 30 2021n/an/a

₹113m

Jun 30 2021n/an/a

₹78m

Mar 31 2021₹3m₹3m

₹42m

Dec 31 2020n/an/a

₹24m

Sep 30 2020n/an/a

₹13m

Jun 30 2020n/an/a

₹30m

Mar 31 2020₹3m₹3m

₹52m

Dec 31 2019n/an/a

₹41m

Sep 30 2019n/an/a

₹42m

Jun 30 2019n/an/a

₹37m

Mar 31 2019₹3m₹3m

₹34m

Dec 31 2018n/an/a

₹36m

Sep 30 2018n/an/a

₹28m

Jun 30 2018n/an/a

₹27m

Mar 31 2018₹3m₹3m

₹23m

Compensation vs Market: Virender's total compensation ($USD56.62K) is above average for companies of similar size in the Indian market ($USD41.06K).

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

CEO

Virender Agarwal (57 yo)

13.5yrs

Tenure

₹4,737,600

Compensation

Mr. Virender Kumar Agarwal, B.E. (Textiles) has been the Managing Director of Suryaamba Spinning Mills Limited since March 1, 2011. Mr. Agarwal served as Compliance officer of Suryaamba Spinning Mills Limi...

Leadership Team

NamePositionTenureCompensationOwnership
Virender Agarwal
Executive Chairman & MD13.5yrs₹4.74m41.64%
₹ 193.0m
Seema Agarwal
Joint MD & Executive Director15.7yrs₹4.42m21.91%
₹ 101.5m
Gajanan Chhawsaria
Chief Financial Officer10.1yrs₹1.93mno data
Kriti Ladha
Company Secretary & Compliance Officer3.7yrs₹345.00kno data
Mayank Agarwal
Whole-Time Director15.1yrs₹3.49m9.24%
₹ 42.8m
Pujit Agarwal
Vice President of Marketingno datano data1.43%
₹ 6.6m

13.5yrs

Average Tenure

45.5yo

Average Age

Experienced Management: 533101's management team is seasoned and experienced (13.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Virender Agarwal
Executive Chairman & MD17.3yrs₹4.74m41.64%
₹ 193.0m
Seema Agarwal
Joint MD & Executive Director15.7yrs₹4.42m21.91%
₹ 101.5m
Mayank Agarwal
Whole-Time Director15.1yrs₹3.49m9.24%
₹ 42.8m
Nilesh Panpaliya
Independent & Non-Executive Director5.2yrs₹15.00kno data
Neeraja Kartik
Additional Independent Director1.1yrs₹11.25kno data
Neena Parikh
Independent Directorno datano datano data

10.1yrs

Average Tenure

55.5yo

Average Age

Experienced Board: 533101's board of directors are seasoned and experienced ( 10.1 years average tenure).