Vedant Fashions Limited

NSEI:MANYAVAR Stock Report

Market Cap: ₹337.3b

Vedant Fashions Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Ravi Modi

Chief executive officer

₹44.8m

Total compensation

CEO salary percentage66.9%
CEO tenure22.5yrs
CEO ownership16.7%
Management average tenure3.3yrs
Board average tenure5.2yrs

Recent management updates

Recent updates

Vedant Fashions' (NSE:MANYAVAR) Profits Appear To Have Quality Issues

Nov 06
Vedant Fashions' (NSE:MANYAVAR) Profits Appear To Have Quality Issues

Vedant Fashions Limited's (NSE:MANYAVAR) Earnings Haven't Escaped The Attention Of Investors

Oct 23
Vedant Fashions Limited's (NSE:MANYAVAR) Earnings Haven't Escaped The Attention Of Investors

Capital Investment Trends At Vedant Fashions (NSE:MANYAVAR) Look Strong

Sep 15
Capital Investment Trends At Vedant Fashions (NSE:MANYAVAR) Look Strong

Vedant Fashions (NSE:MANYAVAR) Is Paying Out Less In Dividends Than Last Year

Aug 15
Vedant Fashions (NSE:MANYAVAR) Is Paying Out Less In Dividends Than Last Year

Earnings Miss: Vedant Fashions Limited Missed EPS By 35% And Analysts Are Revising Their Forecasts

Aug 03
Earnings Miss: Vedant Fashions Limited Missed EPS By 35% And Analysts Are Revising Their Forecasts

Vedant Fashions (NSE:MANYAVAR) Is Reducing Its Dividend To ₹8.50

Aug 01
Vedant Fashions (NSE:MANYAVAR) Is Reducing Its Dividend To ₹8.50

Some Confidence Is Lacking In Vedant Fashions Limited's (NSE:MANYAVAR) P/E

Jul 12
Some Confidence Is Lacking In Vedant Fashions Limited's (NSE:MANYAVAR) P/E

Capital Investment Trends At Vedant Fashions (NSE:MANYAVAR) Look Strong

Jun 07
Capital Investment Trends At Vedant Fashions (NSE:MANYAVAR) Look Strong

Analysts Are Updating Their Vedant Fashions Limited (NSE:MANYAVAR) Estimates After Its Full-Year Results

May 03
Analysts Are Updating Their Vedant Fashions Limited (NSE:MANYAVAR) Estimates After Its Full-Year Results

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
Sep 30 2024n/an/a

₹4b

Jun 30 2024n/an/a

₹4b

Mar 31 2024₹45m₹30m

₹4b

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 ($USD530.94K) is about average for companies of similar size in the Indian market ($USD590.37K).

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


CEO

Ravi Modi (47 yo)

22.5yrs

Tenure

₹44,835,020

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₹44.84m16.7%
₹ 56.3b
Rahul Murarka
Chief Financial Officer3.5yrs₹7.86mno data
Navin Pareek
Company Secretary & Compliance Officerno data₹3.65mno data
Shilpi Modi
Whole-time Directorno data₹29.89m1.09%
₹ 3.7b
Siddhartha Saraf
Chief of Strategy & Investments3.3yrs₹4.14mno data
Sushil Agarwal
Chief Information Officer3.3yrs₹6.50mno data
Anand Narang
Chief Marketing & Digital Officer1.2yrsno datano data
Arunangshu Chatterjee
Chief Human Resources Officerless than a yearno datano data
Amar Sethia
Chief Product Officerno data₹9.56mno data
Ajay Modi
Chief Supply Chain Officer3.3yrs₹4.42mno data
S. Raza
Chief of Retail Business Development & Projects3.3yrs₹4.08mno data
Vedant Modi
Chief Revenue Officer1.2yrsno datano data

3.3yrs

Average Tenure

46yo

Average Age

Experienced Management: MANYAVAR's management team is considered experienced (3.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ravi Modi
Founder22.5yrs₹44.84m16.7%
₹ 56.3b
Shilpi Modi
Whole-time Director22.5yrs₹29.89m1.09%
₹ 3.7b
Sunish Sharma
Non-Executive Director7.3yrs₹3.00mno data
Manish Choksi
Independent Director3.2yrs₹3.00m0.000020%
₹ 67.5k
Abanti Mitra
Independent Director3.2yrs₹3.00mno data
Tarun Puri
Independent Director3.2yrs₹3.00mno data

5.2yrs

Average Tenure

48yo

Average Age

Experienced Board: MANYAVAR's board of directors are considered experienced (5.2 years average tenure).