Lovable Lingerie Management

Management criteria checks 1/4

Lovable Lingerie's CEO is Lattupalli Reddy, appointed in Feb 2010, has a tenure of 14.25 years. directly owns 61.62% of the company’s shares, worth ₹1.14B. The average tenure of the management team and the board of directors is 1.7 years and 1.9 years respectively.

Key information

Lattupalli Reddy

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	14.3yrs
CEO ownership	61.6%
Management average tenure	1.7yrs
Board average tenure	1.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Lattupalli Reddy's remuneration changed compared to Lovable Lingerie's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	₹28m
Sep 30 2023	n/a	n/a	₹25m
Jun 30 2023	n/a	n/a	₹3m
Mar 31 2023	n/a	n/a	-₹718k
Dec 31 2022	n/a	n/a	₹42m
Sep 30 2022	n/a	n/a	₹95m
Jun 30 2022	n/a	n/a	₹109m
Mar 31 2022	n/a	n/a	₹57m
Dec 31 2021	n/a	n/a	₹64m
Sep 30 2021	n/a	n/a	₹66m
Jun 30 2021	n/a	n/a	₹39m
Mar 31 2021	n/a	n/a	₹7m
Dec 31 2020	n/a	n/a	-₹42m
Sep 30 2020	n/a	n/a	-₹57m
Jun 30 2020	n/a	n/a	-₹46m
Mar 31 2020	n/a	n/a	₹31m
Dec 31 2019	n/a	n/a	-₹3m
Sep 30 2019	n/a	n/a	₹4m
Jun 30 2019	n/a	n/a	₹3m
Mar 31 2019	₹2m	₹2m	₹8m
Dec 31 2018	n/a	n/a	-₹65m
Sep 30 2018	n/a	n/a	-₹63m
Jun 30 2018	n/a	n/a	-₹45m
Mar 31 2018	₹2m	₹2m	-₹24m

Compensation vs Market: Insufficient data to establish whether Lattupalli's total compensation is reasonable compared to companies of similar size in the Indian market.

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

CEO

Lattupalli Reddy (55 yo)

14.3yrs

Tenure

Mr. Lattupalli Vinay Reddy has been the Chairman and Managing Director of Lovable Lingerie Limited since February 1, 2010 and served as its Compliance Officer. Mr. Reddy serves as Director of Lovable Linge...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Lattupalli Reddy	Chairman & MD	14.3yrs	no data	61.62% ₹ 1.1b
Rajshekara T	Chief Financial Officer	1.7yrs	₹355.00k	no data
Vindamuri Giriraj	Additional Executive Director	1.8yrs	₹1.87m	no data
Prakash Ramanna	General Manager of Sales & Marketing	no data	₹973.00k	no data
Rohit Jadhav	Company Secretary	less than a year	no data	no data

1.7yrs

Average Tenure

55yo

Average Age

Experienced Management: 533343's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Lattupalli Reddy	Chairman & MD	25.4yrs	no data	61.62% ₹ 1.1b
Vindamuri Giriraj	Additional Executive Director	1.8yrs	₹1.87m	no data
Taruna Reddy	Non-Executive Non Independent Woman Director	9.2yrs	₹52.00k	2.3% ₹ 42.5m
Rajiv Mathur	Independent Non-Executive Director	1.9yrs	₹76.00k	no data
K. Kamalakara	Additional Non-Executive Independent Director	less than a year	no data	no data

1.9yrs

Average Tenure

55yo

Average Age

Experienced Board: 533343's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.

Lovable Lingerie Management

Management criteria checks 1/4

Key information

Recent management updates

Lovable Lingerie Limited Announces Resignation of Mohangandhi Muruganathaswamy as the Independent Director

Lovable Lingerie Limited Announces Management Changes

Lovable Lingerie Limited Announces Resignation of Amit Anil Pandit as Independent Director and Cessation as Member of Audit Committee, Stakeholders Relationship Committee and Corporate Social Responsibility Committee

Lovable Lingerie Limited Announces Resignation of Vineesh Vijayan Thazhumpal as Company Secretary and Compliance Officer

Lovable Lingerie Limited, Annual General Meeting, Sep 27, 2023

Lovable Lingerie Limited, Annual General Meeting, Sep 27, 2022

Recent updates

Investor sentiment improves as stock rises 15%

Lovable Lingerie Limited Announces Resignation of Mohangandhi Muruganathaswamy as the Independent Director

Investor sentiment deteriorates as stock falls 21%

Third quarter 2024 earnings released: EPS: ₹0.52 (vs ₹1.79 loss in 3Q 2023)

Lovable Lingerie Limited Announces Management Changes

Lovable Lingerie Limited to Report Q3, 2024 Results on Feb 05, 2024

Second quarter 2024 earnings released: EPS: ₹2.65 (vs ₹1.17 in 2Q 2023)

Lovable Lingerie Limited Announces Resignation of Amit Anil Pandit as Independent Director and Cessation as Member of Audit Committee, Stakeholders Relationship Committee and Corporate Social Responsibility Committee

Lovable Lingerie Limited Announces Resignation of Vineesh Vijayan Thazhumpal as Company Secretary and Compliance Officer

Lovable Lingerie Limited to Report Q2, 2024 Results on Nov 08, 2023

Lovable Lingerie Limited, Annual General Meeting, Sep 27, 2023

First quarter 2024 earnings released: EPS: ₹3.06 (vs ₹2.81 in 1Q 2023)

Full year 2023 earnings released: ₹0.05 loss per share (vs ₹3.86 profit in FY 2022)

Lovable Lingerie Limited to Report Fiscal Year 2023 Results on May 30, 2023

Investor sentiment deteriorates as stock falls 16%

Third quarter 2023 earnings released: ₹1.79 loss per share (vs ₹1.80 profit in 3Q 2022)

Investor sentiment deteriorates as stock falls 15%

Lovable Lingerie Limited to Report Q3, 2023 Results on Feb 14, 2023

Lovable Lingerie Limited to Report Q2, 2023 Results on Nov 11, 2022

Upcoming dividend of ₹0.50 per share

Lovable Lingerie Limited, Annual General Meeting, Sep 27, 2022

First quarter 2023 earnings released: EPS: ₹2.81 (vs ₹0.68 loss in 1Q 2022)

Lovable Lingerie Limited Announces Appointment Mr. Amit Anil Pandit as an Additional Director in the Capacity of an Independent Director

Investor sentiment improved over the past week

Lovable Lingerie Limited to Report Q1, 2023 Results on Aug 12, 2022

Lovable Lingerie Limited Appoints Rajiv Kumar Mathur as Additional Director

Investor sentiment improved over the past week

Full year 2022 earnings released: EPS: ₹3.55 (vs ₹0.45 in FY 2021)

Lovable Lingerie Limited to Report Q4, 2022 Results on May 30, 2022

Lovable Lingerie Limited Announces Resignation of Anantharaman Mahadevan, Independent Director

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Upcoming dividend of ₹0.50 per share

First quarter 2022 earnings released: ₹0.68 loss per share (vs ₹2.86 loss in 1Q 2021)

Company Secretary & Compliance Officer Divya Shrimali has left the company

Full year 2021 earnings released: EPS ₹0.45 (vs ₹2.12 in FY 2020)

Lovable Lingerie Limited to Report Q3, 2021 Results on Feb 13, 2021

New 90-day high: ₹107

New 90-day high: ₹75.40

Lovable Lingerie Limited to Report Q2, 2021 Results on Nov 12, 2020

Lovable Lingerie Limited to Report Q1, 2021 Results on Sep 09, 2020

Lovable Lingerie Limited Plans to Resume Partial Operations

CEO Compensation Analysis

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age