Lagnam Spintex Limited

NSEI:LAGNAM Stock Report

Market Cap: ₹2.8b

Lagnam Spintex Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Anand Mangal

Chief executive officer

₹5.1m

Total compensation

CEO salary percentage85.2%
CEO tenure7.1yrs
CEO ownership7.0%
Management average tenureno data
Board average tenure6.3yrs

Recent management updates

Recent updates

Lagnam Spintex Limited (NSE:LAGNAM) Stock Rockets 32% As Investors Are Less Pessimistic Than Expected

Apr 26
Lagnam Spintex Limited (NSE:LAGNAM) Stock Rockets 32% As Investors Are Less Pessimistic Than Expected

Returns On Capital At Lagnam Spintex (NSE:LAGNAM) Have Hit The Brakes

Apr 03
Returns On Capital At Lagnam Spintex (NSE:LAGNAM) Have Hit The Brakes

Lagnam Spintex Limited (NSE:LAGNAM) Stock Rockets 26% But Many Are Still Ignoring The Company

Feb 12
Lagnam Spintex Limited (NSE:LAGNAM) Stock Rockets 26% But Many Are Still Ignoring The Company

Market Cool On Lagnam Spintex Limited's (NSE:LAGNAM) Revenues

Dec 29
Market Cool On Lagnam Spintex Limited's (NSE:LAGNAM) Revenues

Lagnam Spintex (NSE:LAGNAM) Has More To Do To Multiply In Value Going Forward

Jul 05
Lagnam Spintex (NSE:LAGNAM) Has More To Do To Multiply In Value Going Forward

Here's Why Lagnam Spintex (NSE:LAGNAM) Is Weighed Down By Its Debt Load

Jun 08
Here's Why Lagnam Spintex (NSE:LAGNAM) Is Weighed Down By Its Debt Load

Lagnam Spintex (NSE:LAGNAM) Has Some Way To Go To Become A Multi-Bagger

Mar 18
Lagnam Spintex (NSE:LAGNAM) Has Some Way To Go To Become A Multi-Bagger

Is Lagnam Spintex (NSE:LAGNAM) Using Too Much Debt?

Feb 20
Is Lagnam Spintex (NSE:LAGNAM) Using Too Much Debt?

Here's Why Lagnam Spintex (NSE:LAGNAM) Has A Meaningful Debt Burden

Jul 21
Here's Why Lagnam Spintex (NSE:LAGNAM) Has A Meaningful Debt Burden

Does Lagnam Spintex (NSE:LAGNAM) Deserve A Spot On Your Watchlist?

May 12
Does Lagnam Spintex (NSE:LAGNAM) Deserve A Spot On Your Watchlist?

Shareholders Would Enjoy A Repeat Of Lagnam Spintex's (NSE:LAGNAM) Recent Growth In Returns

Feb 23
Shareholders Would Enjoy A Repeat Of Lagnam Spintex's (NSE:LAGNAM) Recent Growth In Returns

We Think Lagnam Spintex (NSE:LAGNAM) Is Taking Some Risk With Its Debt

Jan 10
We Think Lagnam Spintex (NSE:LAGNAM) Is Taking Some Risk With Its Debt

Lagnam Spintex (NSE:LAGNAM) Is Experiencing Growth In Returns On Capital

Sep 30
Lagnam Spintex (NSE:LAGNAM) Is Experiencing Growth In Returns On Capital

Here's Why Lagnam Spintex (NSE:LAGNAM) Has A Meaningful Debt Burden

Aug 03
Here's Why Lagnam Spintex (NSE:LAGNAM) Has A Meaningful Debt Burden

Here's What's Concerning About Lagnam Spintex's (NSE:LAGNAM) Returns On Capital

Jun 01
Here's What's Concerning About Lagnam Spintex's (NSE:LAGNAM) Returns On Capital

Here's Why Lagnam Spintex (NSE:LAGNAM) Is Weighed Down By Its Debt Load

May 05
Here's Why Lagnam Spintex (NSE:LAGNAM) Is Weighed Down By Its Debt Load

Should You Be Impressed By Lagnam Spintex's (NSE:LAGNAM) Returns on Capital?

Feb 28
Should You Be Impressed By Lagnam Spintex's (NSE:LAGNAM) Returns on Capital?

Chairman Dwarka Mangal Just Bought A Handful Of Shares In Lagnam Spintex Limited (NSE:LAGNAM)

Jan 06
Chairman Dwarka Mangal Just Bought A Handful Of Shares In Lagnam Spintex Limited (NSE:LAGNAM)

Have Insiders Been Buying Lagnam Spintex Limited (NSE:LAGNAM) Shares This Year?

Dec 11
Have Insiders Been Buying Lagnam Spintex Limited (NSE:LAGNAM) Shares This Year?

CEO Compensation Analysis

How has Anand Mangal's remuneration changed compared to Lagnam Spintex's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

₹88m

Sep 30 2023n/an/a

₹46m

Jun 30 2023n/an/a

₹49m

Mar 31 2023₹5m₹4m

₹98m

Dec 31 2022n/an/a

₹153m

Sep 30 2022n/an/a

₹243m

Jun 30 2022n/an/a

₹289m

Mar 31 2022₹5m₹4m

₹288m

Dec 31 2021n/an/a

₹279m

Sep 30 2021n/an/a

₹231m

Jun 30 2021n/an/a

₹181m

Mar 31 2021₹3mn/a

₹45m

Dec 31 2020n/an/a

-₹18m

Sep 30 2020n/an/a

-₹64m

Jun 30 2020n/an/a

-₹69m

Mar 31 2020₹4m₹4m

₹11m

Dec 31 2019n/an/a

₹26m

Sep 30 2019n/an/a

₹41m

Jun 30 2019n/an/a

₹44m

Mar 31 2019₹4m₹3m

₹48m

Compensation vs Market: Anand's total compensation ($USD60.73K) is above average for companies of similar size in the Indian market ($USD39.27K).

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


CEO

Anand Mangal (41 yo)

7.1yrs

Tenure

₹5,068,000

Compensation

Mr. Anand Mangal, is the Promoter and Managing Director of Lagnam Spintex Limited and has been its Executive Director since April 1, 2017. Mr. Mangal joined at Lagnam Spintex Limited on June 12, 2010. Mr....


Board Members

NamePositionTenureCompensationOwnership
Dwarka Mangal
Executive Chairman13.9yrs₹7.30m32.97%
₹ 932.5m
Anand Mangal
MD, Promoter & Executive Director7.1yrs₹5.07m7.03%
₹ 198.9m
Shubh Mangal
Promoter & Executive Director4.3yrs₹5.48mno data
Jagdish Laddha
Independent Director6.3yrs₹115.00kno data
Vijay Bapna
Independent Director6.4yrs₹120.00kno data
Dipali Mathur
Independent Director6.3yrs₹20.00kno data
Anil Shah
Independent Director6.3yrs₹90.00kno data

6.3yrs

Average Tenure

69yo

Average Age

Experienced Board: LAGNAM's board of directors are considered experienced (6.3 years average tenure).


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