Vedant Fashions Limited

NSEI:MANYAVAR Stock Report

Market Cap: ₹226.6b

Vedant Fashions Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Ravi Modi

Chief executive officer

₹82.0m

Total compensation

CEO salary percentage100.0%
CEO tenure21.9yrs
CEO ownership16.7%
Management average tenure2.7yrs
Board average tenure4.6yrs

Recent management updates

Recent updates

Getting In Cheap On Vedant Fashions Limited (NSE:MANYAVAR) Is Unlikely

Mar 21
Getting In Cheap On Vedant Fashions Limited (NSE:MANYAVAR) Is Unlikely

Vedant Fashions (NSE:MANYAVAR) Is Aiming To Keep Up Its Impressive Returns

Feb 23
Vedant Fashions (NSE:MANYAVAR) Is Aiming To Keep Up Its Impressive Returns

Vedant Fashions (NSE:MANYAVAR) Is Aiming To Keep Up Its Impressive Returns

Nov 09
Vedant Fashions (NSE:MANYAVAR) Is Aiming To Keep Up Its Impressive Returns

Vedant Fashions' (NSE:MANYAVAR) Dividend Will Be Increased To ₹9.00

Aug 12
Vedant Fashions' (NSE:MANYAVAR) Dividend Will Be Increased To ₹9.00

Vedant Fashions' (NSE:MANYAVAR) Upcoming Dividend Will Be Larger Than Last Year's

Jul 29
Vedant Fashions' (NSE:MANYAVAR) Upcoming Dividend Will Be Larger Than Last Year's

Vedant Fashions (NSE:MANYAVAR) Is Reinvesting To Multiply In Value

Jul 13
Vedant Fashions (NSE:MANYAVAR) Is Reinvesting To Multiply In Value

Do Vedant Fashions' (NSE:MANYAVAR) Earnings Warrant Your Attention?

Jun 22
Do Vedant Fashions' (NSE:MANYAVAR) Earnings Warrant Your Attention?

Vedant Fashions Limited's (NSE:MANYAVAR) Business Is Trailing The Market But Its Shares Aren't

May 11
Vedant Fashions Limited's (NSE:MANYAVAR) Business Is Trailing The Market But Its Shares Aren't

Shareholders Would Enjoy A Repeat Of Vedant Fashions' (NSE:MANYAVAR) Recent Growth In Returns

Mar 29
Shareholders Would Enjoy A Repeat Of Vedant Fashions' (NSE:MANYAVAR) Recent Growth In Returns

Is Now The Time To Put Vedant Fashions (NSE:MANYAVAR) On Your Watchlist?

Mar 11
Is Now The Time To Put Vedant Fashions (NSE:MANYAVAR) On Your Watchlist?

Vedant Fashions Limited (NSE:MANYAVAR) Released Earnings Last Week And Analysts Lifted Their Price Target To ₹1,223

Aug 11
Vedant Fashions Limited (NSE:MANYAVAR) Released Earnings Last Week And Analysts Lifted Their Price Target To ₹1,223

We Think That There Are Issues Underlying Vedant Fashions' (NSE:MANYAVAR) Earnings

May 17
We Think That There Are Issues Underlying Vedant Fashions' (NSE:MANYAVAR) Earnings

CEO Compensation Analysis

How has Ravi Modi's remuneration changed compared to Vedant Fashions's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

₹4b

Sep 30 2023n/an/a

₹4b

Jun 30 2023n/an/a

₹4b

Mar 31 2023₹82m₹82m

₹4b

Dec 31 2022n/an/a

₹4b

Sep 30 2022n/an/a

₹4b

Jun 30 2022n/an/a

₹4b

Mar 31 2022₹129m₹129m

₹3b

Dec 31 2021n/an/a

₹3b

Sep 30 2021n/an/a

₹2b

Jun 30 2021n/an/a

₹2b

Mar 31 2021₹59m₹59m

₹1b

Mar 31 2020₹110m₹110m

₹2b

Mar 31 2019₹95m₹95m

₹2b

Compensation vs Market: Ravi's total compensation ($USD983.83K) is above average for companies of similar size in the Indian market ($USD562.53K).

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

CEO

Ravi Modi (46 yo)

21.9yrs

Tenure

₹82,012,987

Compensation

Mr. Ravi Modi is Founder of Vedant Fashions Limited and serves as its Managing Director and Chairman. Mr. Modi has been a Director of Vedant Fashions Limited since May 23, 2002. Mr. Modi has studied commer...

Leadership Team

NamePositionTenureCompensationOwnership
Ravi Modi
Founderno data₹82.01m16.7%
₹ 37.8b
Rahul Murarka
Chief Financial Officer2.9yrs₹6.92mno data
Navin Pareek
Company Secretary & Compliance Officerno data₹3.16mno data
Shilpi Modi
Whole-time Directorno data₹54.68m1.09%
₹ 2.5b
Siddhartha Saraf
Chief of Strategy & Investments2.7yrs₹4.14mno data
Sushil Agarwal
Chief Information Officer2.7yrs₹6.50mno data
Anand Narang
Chief Marketing & Digital Officerless than a yearno datano data
Amar Sethia
Chief Product Officerno data₹9.56mno data
Ajay Modi
Chief Supply Chain Officer2.7yrs₹4.42mno data
S. Raza
Chief of Retail Business Development & Projects2.7yrs₹4.08mno data
Vedant Modi
Chief Revenue Officerless than a yearno datano data

2.7yrs

Average Tenure

45yo

Average Age

Experienced Management: MANYAVAR's management team is considered experienced (2.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Ravi Modi
Founder21.9yrs₹82.01m16.7%
₹ 37.8b
Shilpi Modi
Whole-time Director21.9yrs₹54.68m1.09%
₹ 2.5b
Sunish Sharma
Non-Executive Director6.7yrs₹3.00mno data
Manish Choksi
Independent Director2.6yrs₹3.00m0.000020%
₹ 45.3k
Abanti Mitra
Independent Director2.6yrs₹3.00mno data
Tarun Puri
Independent Director2.6yrs₹3.00mno data

4.6yrs

Average Tenure

47yo

Average Age

Experienced Board: MANYAVAR's board of directors are considered experienced (4.6 years average tenure).

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