Iris Clothings Limited

NSEI:IRISDOREME Stock Report

Market Cap: ₹5.9b

Iris Clothings Management

Management criteria checks 3/4

Iris Clothings' CEO is Santosh Ladha, appointed in Jul 2018, has a tenure of 6.17 years. total yearly compensation is ₹14.00M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 10.75% of the company’s shares, worth ₹632.80M. The average tenure of the management team and the board of directors is 6.2 years and 5.4 years respectively.

Key information

Santosh Ladha

Chief executive officer

₹14.0m

Total compensation

CEO salary percentage100.0%
CEO tenure6.2yrs
CEO ownership10.8%
Management average tenure6.2yrs
Board average tenure5.4yrs

Recent management updates

Recent updates

Risks To Shareholder Returns Are Elevated At These Prices For Iris Clothings Limited (NSE:IRISDOREME)

Jun 05
Risks To Shareholder Returns Are Elevated At These Prices For Iris Clothings Limited (NSE:IRISDOREME)

Is Now The Time To Put Iris Clothings (NSE:IRISDOREME) On Your Watchlist?

Apr 06
Is Now The Time To Put Iris Clothings (NSE:IRISDOREME) On Your Watchlist?

We Think Iris Clothings (NSE:IRISDOREME) Can Stay On Top Of Its Debt

Jan 24
We Think Iris Clothings (NSE:IRISDOREME) Can Stay On Top Of Its Debt

Iris Clothings' (NSE:IRISDOREME) Earnings Are Weaker Than They Seem

May 08
Iris Clothings' (NSE:IRISDOREME) Earnings Are Weaker Than They Seem

Iris Clothings (NSE:IRISDOREME) Has A Pretty Healthy Balance Sheet

Mar 15
Iris Clothings (NSE:IRISDOREME) Has A Pretty Healthy Balance Sheet

Here's Why I Think Iris Clothings (NSE:IRISDOREME) Is An Interesting Stock

Feb 23
Here's Why I Think Iris Clothings (NSE:IRISDOREME) Is An Interesting Stock

Estimating The Intrinsic Value Of Iris Clothings Limited (NSE:IRISDOREME)

Nov 22
Estimating The Intrinsic Value Of Iris Clothings Limited (NSE:IRISDOREME)

Here's Why Iris Clothings (NSE:IRISDOREME) Can Manage Its Debt Responsibly

Oct 27
Here's Why Iris Clothings (NSE:IRISDOREME) Can Manage Its Debt Responsibly

Is Iris Clothings (NSE:IRISDOREME) Using Too Much Debt?

Jun 07
Is Iris Clothings (NSE:IRISDOREME) Using Too Much Debt?

Are Strong Financial Prospects The Force That Is Driving The Momentum In Iris Clothings Limited's NSE:IRISDOREME) Stock?

Dec 21
Are Strong Financial Prospects The Force That Is Driving The Momentum In Iris Clothings Limited's NSE:IRISDOREME) Stock?

CEO Compensation Analysis

How has Santosh Ladha's remuneration changed compared to Iris Clothings's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

₹116m

Mar 31 2024₹14m₹14m

₹122m

Dec 31 2023n/an/a

₹117m

Sep 30 2023n/an/a

₹98m

Jun 30 2023n/an/a

₹96m

Mar 31 2023₹13mn/a

₹83m

Dec 31 2022n/an/a

₹85m

Sep 30 2022n/an/a

₹101m

Jun 30 2022n/an/a

₹101m

Mar 31 2022₹12m₹12m

₹101m

Dec 31 2021n/an/a

₹103m

Sep 30 2021n/an/a

₹99m

Jun 30 2021n/an/a

₹96m

Mar 31 2021₹12m₹12m

₹65m

Dec 31 2020n/an/a

₹46m

Sep 30 2020n/an/a

₹33m

Jun 30 2020n/an/a

₹14m

Mar 31 2020₹12m₹12m

₹39m

Dec 31 2019n/an/a

₹45m

Sep 30 2019n/an/a

₹50m

Jun 30 2019n/an/a

₹51m

Mar 31 2019₹12m₹8m

₹51m

Compensation vs Market: Santosh's total compensation ($USD167.23K) is above average for companies of similar size in the Indian market ($USD41.45K).

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


CEO

Santosh Ladha

6.2yrs

Tenure

₹14,000,000

Compensation

Mr. Santosh Ladha serves as Managing Director at Iris Clothings Limited since July 27, 2018 and serves as its Director. He has experience in the textile industry. He joined Iris Clothings Limited since Jul...


Leadership Team

NamePositionTenureCompensationOwnership
Santosh Ladha
MD & Executive Director6.2yrs₹14.00m10.75%
₹ 632.8m
Niraj Agarwal
Chief Financial Officer6.2yrs₹685.00kno data
Sweta Agarwal
Company Secretary & Compliance Officer6.1yrs₹396.00kno data
Geeta Ladha
Executive Whole-Time Director6.2yrs₹14.00m47.58%
₹ 2.8b

6.2yrs

Average Tenure

Experienced Management: IRISDOREME's management team is seasoned and experienced (6.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Santosh Ladha
MD & Executive Directorno data₹14.00m10.75%
₹ 632.8m
Geeta Ladha
Executive Whole-Time Director13.1yrs₹14.00m47.58%
₹ 2.8b
Baldev Ladha
Non-Executive Director13.1yrs₹15.00k8.55%
₹ 503.0m
Nikhil Saraf
Non-Executive Independent Director5.4yrs₹35.00kno data
Manoj Tulsyan
Additional Non-Executive Independent Director3.9yrs₹35.00kno data
Vranda Rathi
Non-Executive Independent Director1.7yrs₹35.00kno data

5.4yrs

Average Tenure

47yo

Average Age

Experienced Board: IRISDOREME's board of directors are considered experienced (5.4 years average tenure).