Kitex Garments Management
Management criteria checks 3/4
Kitex Garments' CEO is Sabu Jacob, appointed in Aug 2006, has a tenure of 18.42 years. total yearly compensation is ₹49.63M, comprised of 21.8% salary and 78.2% bonuses, including company stock and options. directly owns 40.69% of the company’s shares, worth ₹18.72B. The average tenure of the management team and the board of directors is 5.5 years and 9.8 years respectively.
Key information
Sabu Jacob
Chief executive officer
₹49.6m
Total compensation
| CEO salary percentage | 21.8% |
| CEO tenure | 18.4yrs |
| CEO ownership | 40.7% |
| Management average tenure | 5.5yrs |
| Board average tenure | 9.8yrs |
Recent management updates
Increases to CEO Compensation Might Be Put On Hold For Now at Kitex Garments Limited (NSE:KITEX)
Sep 22
Kitex Garments Limited's (NSE:KITEX) CEO Compensation Is Looking A Bit Stretched At The Moment
Sep 24Recent updates
There's Reason For Concern Over Kitex Garments Limited's (NSE:KITEX) Massive 31% Price Jump
Nov 21Kitex Garments Limited (NSE:KITEX) Stock Rockets 35% As Investors Are Less Pessimistic Than Expected
Sep 29Increases to CEO Compensation Might Be Put On Hold For Now at Kitex Garments Limited (NSE:KITEX)
Sep 22Kitex Garments' (NSE:KITEX) Dividend Will Be ₹1.50
Sep 17Kitex Garments (NSE:KITEX) Is Due To Pay A Dividend Of ₹1.50
Sep 02Earnings Not Telling The Story For Kitex Garments Limited (NSE:KITEX) After Shares Rise 30%
Aug 15Investors Could Be Concerned With Kitex Garments' (NSE:KITEX) Returns On Capital
Aug 12Kitex Garments' (NSE:KITEX) Sluggish Earnings Might Be Just The Beginning Of Its Problems
May 27Kitex Garments (NSE:KITEX) Will Want To Turn Around Its Return Trends
Apr 04Kitex Garments Limited's (NSE:KITEX) Share Price Could Signal Some Risk
Mar 05Calculating The Fair Value Of Kitex Garments Limited (NSE:KITEX)
Feb 03Kitex Garments (NSE:KITEX) Will Want To Turn Around Its Return Trends
Dec 16Kitex Garments Limited's (NSE:KITEX) CEO Compensation Is Looking A Bit Stretched At The Moment
Sep 24Kitex Garments (NSE:KITEX) May Have Issues Allocating Its Capital
Aug 30We Ran A Stock Scan For Earnings Growth And Kitex Garments (NSE:KITEX) Passed With Ease
Dec 26Kitex Garments' (NSE:KITEX) Dividend Will Be ₹1.50
Aug 08Kitex Garments (NSE:KITEX) Will Pay A Dividend Of ₹1.50
Jul 15Kitex Garments' (NSE:KITEX) Returns On Capital Not Reflecting Well On The Business
May 30Some Investors May Be Worried About Kitex Garments' (NSE:KITEX) Returns On Capital
Feb 02Returns On Capital Signal Tricky Times Ahead For Kitex Garments (NSE:KITEX)
May 05If You Had Bought Kitex Garments' (NSE:KITEX) Shares Five Years Ago You Would Be Down 64%
Feb 28Do Insiders Own Lots Of Shares In Kitex Garments Limited (NSE:KITEX)?
Feb 09The Trends At Kitex Garments (NSE:KITEX) That You Should Know About
Jan 20A Look At The Intrinsic Value Of Kitex Garments Limited (NSE:KITEX)
Dec 30
Here's Why I Think Kitex Garments (NSE:KITEX) Might Deserve Your Attention Today
Nov 19CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | ₹999m |
| Jun 30 2024 | n/a | n/a | ₹758m |
| Mar 31 2024 | ₹50m | ₹11m | ₹563m |
| Dec 31 2023 | n/a | n/a | ₹396m |
| Sep 30 2023 | n/a | n/a | ₹204m |
| Jun 30 2023 | n/a | n/a | ₹288m |
| Mar 31 2023 | ₹93m | ₹11m | ₹576m |
| Dec 31 2022 | n/a | n/a | ₹984m |
| Sep 30 2022 | n/a | n/a | ₹1b |
| Jun 30 2022 | n/a | n/a | ₹1b |
| Mar 31 2022 | ₹93m | ₹11m | ₹1b |
| Dec 31 2021 | n/a | n/a | ₹892m |
| Sep 30 2021 | n/a | n/a | ₹700m |
| Jun 30 2021 | n/a | n/a | ₹621m |
| Mar 31 2021 | ₹45m | ₹11m | ₹543m |
| Dec 31 2020 | n/a | n/a | ₹636m |
| Sep 30 2020 | n/a | n/a | ₹831m |
| Jun 30 2020 | n/a | n/a | ₹1b |
| Mar 31 2020 | ₹50m | ₹11m | ₹1b |
| Dec 31 2019 | n/a | n/a | ₹1b |
| Sep 30 2019 | n/a | n/a | ₹775m |
| Jun 30 2019 | n/a | n/a | ₹668m |
| Mar 31 2019 | ₹69m | ₹11m | ₹714m |
| Mar 31 2018 | ₹57m | ₹11m | ₹635m |
Compensation vs Market: Sabu's total compensation ($USD578.90K) is above average for companies of similar size in the Indian market ($USD264.85K).
Compensation vs Earnings: Sabu's compensation has been consistent with company performance over the past year.
CEO
Sabu Jacob (62 yo)
18.4yrs
Tenure
₹49,626,723
Compensation
Mr. Sabu Meckamkunnel Jacob has been Managing Director of Kitex Garments Limited since August 16, 2006 and was its Interim Chief Financial Officer since May 20, 2019 until July 1, 2019. He serves as a Dire...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 18.4yrs | ₹49.63m | 40.69% ₹ 18.7b | |
| Chief Financial Officer | 5.5yrs | ₹4.61m | 0.049% ₹ 22.6m | |
| Company Secretary & Compliance Officer | 1.3yrs | ₹705.00k | no data | |
| Whole-Time Director & Assistant VP (Finance) | no data | ₹2.52m | no data | |
| Vice President of Business Operations | no data | no data | no data | |
| President & COO of Kitex USA LLC | no data | no data | no data |
5.5yrs
Average Tenure
Experienced Management: KITEX's management team is seasoned and experienced (5.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 31.4yrs | ₹49.63m | 40.69% ₹ 18.7b | |
| Whole-Time Director & Assistant VP (Finance) | 9.8yrs | ₹2.52m | no data | |
| Independent Non Executive Director | 10yrs | ₹330.00k | no data | |
| Non Executive Director | 11.8yrs | ₹215.00k | no data | |
| Independent Non Executive Director | 9.5yrs | ₹240.00k | no data | |
| Additional Non Executive & Independent Women Director | 4.2yrs | ₹135.00k | no data | |
| Independent Director | less than a year | no data | no data |
9.8yrs
Average Tenure
67yo
Average Age
Experienced Board: KITEX's board of directors are considered experienced (9.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/07 02:26 |
| End of Day Share Price | 2025/01/07 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Kitex Garments Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kameswari V. S. Chavali | FirstCall Research |
| Gautam Duggad | Motilal Oswal Securities Ltd. |