Salona Cotspin Limited

BSE:590056 Stock Report

Market Cap: ₹1.6b

Salona Cotspin Management

Management criteria checks 2/4

Salona Cotspin's CEO is Shyamlal Agarwala, appointed in Apr 2015, has a tenure of 9.58 years. directly owns 8.94% of the company’s shares, worth ₹139.14M. The average tenure of the management team and the board of directors is 9.6 years and 9.7 years respectively.

Key information

Shyamlal Agarwala

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure9.6yrs
CEO ownership8.9%
Management average tenure9.6yrs
Board average tenure9.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Shyamlal Agarwala's remuneration changed compared to Salona Cotspin's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹68m

Jun 30 2024n/an/a

₹63m

Mar 31 2024n/an/a

₹61m

Dec 31 2023n/an/a

₹84m

Sep 30 2023n/an/a

₹95m

Jun 30 2023n/an/a

₹133m

Mar 31 2023n/an/a

₹176m

Dec 31 2022n/an/a

₹157m

Sep 30 2022n/an/a

₹198m

Jun 30 2022n/an/a

₹214m

Mar 31 2022n/an/a

₹198m

Dec 31 2021n/an/a

₹206m

Sep 30 2021n/an/a

₹166m

Jun 30 2021n/an/a

₹107m

Mar 31 2021₹4m₹3m

₹62m

Dec 31 2020n/an/a

₹40m

Sep 30 2020n/an/a

₹17m

Jun 30 2020n/an/a

₹6m

Mar 31 2020₹3m₹3m

₹12m

Dec 31 2019n/an/a

₹9m

Sep 30 2019n/an/a

₹6m

Jun 30 2019n/an/a

₹15m

Mar 31 2019₹3m₹3m

₹16m

Dec 31 2018n/an/a

₹26m

Sep 30 2018n/an/a

₹27m

Jun 30 2018n/an/a

₹20m

Mar 31 2018₹3m₹3m

₹21m

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

Compensation vs Earnings: Shyamlal's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Shyamlal Agarwala (79 yo)

9.6yrs

Tenure

₹3,975,348

Compensation

Mr. Shyamlal Agarwala serves as the Executive Chairman, Chief Executive Officer at Salona Cotspin Ltd and has been its Managing Director since April 1,2015. He has served as a Director at Salona Cotspin Li...

Leadership Team

NamePositionTenureCompensationOwnership
Shyamlal Agarwala
Chairman9.6yrs₹3.98m8.94%
₹ 139.1m
Manoj Jhajharia
Joint MD & Executive Director13.3yrs₹2.59m6.24%
₹ 97.1m
M. Selvaraj
CFO & General Manager of Accountsno data₹798.00kno data
Arun Jhajharia
Executive & Non-Independent Directorno data₹1.20m6.86%
₹ 106.7m
Pramod Jhajharia
Chief Executiveno datano data6.2%
₹ 96.5m
P. Ravishankar
Company Secretary and Compliance Officerless than a yearno datano data

9.6yrs

Average Tenure

56yo

Average Age

Experienced Management: 590056's management team is seasoned and experienced (9.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Shyamlal Agarwala
Chairman27.8yrs₹3.98m8.94%
₹ 139.1m
Manoj Jhajharia
Joint MD & Executive Director26.2yrs₹2.59m6.24%
₹ 97.1m
Arun Jhajharia
Executive & Non-Independent Director6.8yrs₹1.20m6.86%
₹ 106.7m
Meenakumari Shanmugam
Non-Executive Independent Director9.7yrs₹8.00kno data
Hari Ganesh
Additional Non-Executive Independent Director4.4yrsno datano data

9.7yrs

Average Tenure

52yo

Average Age

Experienced Board: 590056's board of directors are considered experienced (9.7 years average tenure).