Garment Mantra Lifestyle Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Prem Aggarwal

Chief executive officer

₹2.4m

Total compensation

CEO salary percentage	100.0%
CEO tenure	9.2yrs
CEO ownership	27.6%
Management average tenure	no data
Board average tenure	9.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Prem Aggarwal's remuneration changed compared to Garment Mantra Lifestyle's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	₹20m
Jun 30 2023	n/a	n/a	₹7m
Mar 31 2023	₹2m	₹2m	₹9m
Dec 31 2022	n/a	n/a	-₹22m
Sep 30 2022	n/a	n/a	₹7m
Jun 30 2022	n/a	n/a	₹30m
Mar 31 2022	₹2m	₹2m	₹36m
Dec 31 2021	n/a	n/a	₹119m
Jun 30 2021	n/a	n/a	₹87m
Mar 31 2021	₹5m	₹5m	₹79m
Dec 31 2020	n/a	n/a	₹33m
Jun 30 2020	n/a	n/a	₹19m
Mar 31 2020	₹3m	₹3m	₹40m
Dec 31 2019	n/a	n/a	₹19m
Sep 30 2019	n/a	n/a	₹14m
Jun 30 2019	n/a	n/a	₹12m
Mar 31 2019	₹2m	₹2m	₹10m
Dec 31 2018	n/a	n/a	₹9m
Sep 30 2018	n/a	n/a	₹7m
Jun 30 2018	n/a	n/a	₹7m
Mar 31 2018	₹2m	₹2m	₹8m

Compensation vs Market: Prem's total compensation ($USD28.74K) is about average for companies of similar size in the Indian market ($USD39.52K).

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

CEO

Prem Aggarwal (59 yo)

9.2yrs

Tenure

₹2,400,000

Compensation

Mr. Prem Dinanath Aggarwal has been Chairman and Managing Director of Garment Mantra Lifestyle Limited (formerly known as Junction Fabrics and Apparels Limited) since March 20, 2015 and serves as its Direc...

Board Members

Name	Position	Tenure	Compensation	Ownership
Prem Aggarwal	Chairman & MD	12.5yrs	₹2.40m	27.61% ₹ 151.1m
Shikha Aggarwal	Whole-Time Director	12.5yrs	₹1.20m	2.3% ₹ 12.6m
Subramanian Thirumurugan	Non Executive & Independent Director	9.2yrs	₹30.00k	no data
Thangamuthu Muthiah	Non-Executive Independent Director	2.1yrs	₹30.00k	no data
Senthil Rajagopal	Non-Executive Independent Director	9.2yrs	no data	no data

9.2yrs

Average Tenure

58yo

Average Age

Experienced Board: 539216's board of directors are considered experienced (9.2 years average tenure).

Garment Mantra Lifestyle Management

Management criteria checks 3/4

Key information

Recent management updates

Garment Mantra Lifestyle Limited, Annual General Meeting, Sep 23, 2023

Garment Mantra Lifestyle Limited Announces Resignation of Senthil Rajagopal as Independent Director

Chairman & MD recently bought ₹310k worth of stock

Garment Mantra Lifestyle Limited, Annual General Meeting, Sep 26, 2022

Less than half of directors are independent

Less than half of directors are independent

Recent updates

Now 20% overvalued

Investor sentiment improves as stock rises 18%

Now 24% overvalued after recent price rise

New major risk - Share price stability

Third quarter 2024 earnings released: EPS: ₹0.14 (vs ₹0.02 in 3Q 2023)

New minor risk - Share price stability

Garment Mantra Lifestyle Limited to Report Q3, 2024 Results on Feb 05, 2024

Now 27% overvalued after recent price rise

Garment Mantra Lifestyle Limited to Report Q2, 2024 Results on Nov 10, 2023

Garment Mantra Lifestyle Limited, Annual General Meeting, Sep 23, 2023

Garment Mantra Lifestyle Limited Announces Resignation of Senthil Rajagopal as Independent Director

First quarter 2024 earnings released: EPS: ₹0.03 (vs ₹0.06 in 1Q 2023)

Garment Mantra Lifestyle Limited to Report Q1, 2024 Results on Aug 14, 2023

Full year 2023 earnings released: EPS: ₹0.09 (vs ₹0.36 in FY 2022)

Garment Mantra Lifestyle Limited to Report Q4, 2023 Results on May 25, 2023

Chairman & MD recently bought ₹310k worth of stock

Third quarter 2023 earnings released: EPS: ₹0.02 (vs ₹0.33 in 3Q 2022)

Garment Mantra Lifestyle Limited to Report Fiscal Year 2022 Results on Feb 10, 2023

Investor sentiment improved over the past week

Garment Mantra Lifestyle Limited, Annual General Meeting, Sep 26, 2022

First quarter 2023 earnings released: EPS: ₹0.06 (vs ₹0.11 in 1Q 2022)

Garment Mantra Lifestyle Limited (BSE:539216) acquired an additional 16.2% stake in Jannat Fabrics And Apparels Private Limited.

Full year 2022 earnings released: EPS: ₹0.39 (vs ₹0.97 in FY 2021)

Garment Mantra Lifestyle Limited to Report Q4, 2022 Results on May 30, 2022

Investor sentiment deteriorated over the past week

Less than half of directors are independent

Less than half of directors are independent

Garment Mantra Lifestyle Limited Announces Resignation of Anil K Goyal as Independent Director

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Garment Mantra Lifestyle Limited Provides Revenue Guidance for the Full Year 2022

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

First quarter 2022 earnings released: EPS ₹1.07 (vs ₹0.69 in 1Q 2021)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Full year 2021 earnings released: EPS ₹9.71 (vs ₹5.76 in FY 2020)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

New 90-day high: ₹91.75

Third quarter 2021 earnings released: EPS ₹1.48 (vs ₹4.23 in 3Q 2020)

Garment Mantra Lifestyle Limited to Report Q3, 2021 Results on Feb 12, 2021

New 90-day high: ₹87.95

Garment Mantra Lifestyle Limited (BSE:539216) completed the acquisition of 74% stake in Twenty Twenty Trading LLP.

Investor sentiment improved over the past week

New 90-day high: ₹70.50

Garment Mantra Lifestyle Limited (BSE:539216) acquired 83.8% stake in Jannat Fabrics And Apparels Private Limited.

New 90-day high: ₹69.80

Garment Mantra Lifestyle Successfully Executes Order Worth of INR 44.1 million of Covid Essential

New 90-day high: ₹45.90

Full year earnings released - EPS ₹8.64

Garment Mantra Lifestyle Limited to Report Fiscal Year 2020 Results on Jul 28, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Board Members

Average Tenure

Average Age