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 percentage | 66.9% |
| CEO tenure | 22.7yrs |
| CEO ownership | 16.7% |
| Management average tenure | 3.4yrs |
| Board average tenure | 5.4yrs |
Recent management updates
Recent updates
Vedant Fashions' (NSE:MANYAVAR) Profits Appear To Have Quality Issues
Nov 06
Vedant Fashions Limited's (NSE:MANYAVAR) Earnings Haven't Escaped The Attention Of Investors
Oct 23Capital Investment Trends At Vedant Fashions (NSE:MANYAVAR) Look Strong
Sep 15Vedant Fashions (NSE:MANYAVAR) Is Paying Out Less In Dividends Than Last Year
Aug 15Earnings Miss: Vedant Fashions Limited Missed EPS By 35% And Analysts Are Revising Their Forecasts
Aug 03Vedant Fashions (NSE:MANYAVAR) Is Reducing Its Dividend To ₹8.50
Aug 01Some Confidence Is Lacking In Vedant Fashions Limited's (NSE:MANYAVAR) P/E
Jul 12Capital Investment Trends At Vedant Fashions (NSE:MANYAVAR) Look Strong
Jun 07Analysts Are Updating Their Vedant Fashions Limited (NSE:MANYAVAR) Estimates After Its Full-Year Results
May 03Getting In Cheap On Vedant Fashions Limited (NSE:MANYAVAR) Is Unlikely
Mar 21Vedant Fashions (NSE:MANYAVAR) Is Aiming To Keep Up Its Impressive Returns
Feb 23Vedant Fashions (NSE:MANYAVAR) Is Aiming To Keep Up Its Impressive Returns
Nov 09Vedant Fashions' (NSE:MANYAVAR) Dividend Will Be Increased To ₹9.00
Aug 12Vedant Fashions' (NSE:MANYAVAR) Upcoming Dividend Will Be Larger Than Last Year's
Jul 29Vedant Fashions (NSE:MANYAVAR) Is Reinvesting To Multiply In Value
Jul 13Do Vedant Fashions' (NSE:MANYAVAR) Earnings Warrant Your Attention?
Jun 22Vedant Fashions Limited's (NSE:MANYAVAR) Business Is Trailing The Market But Its Shares Aren't
May 11Shareholders Would Enjoy A Repeat Of Vedant Fashions' (NSE:MANYAVAR) Recent Growth In Returns
Mar 29Is Now The Time To Put Vedant Fashions (NSE:MANYAVAR) On Your Watchlist?
Mar 11Vedant Fashions Limited (NSE:MANYAVAR) Released Earnings Last Week And Analysts Lifted Their Price Target To ₹1,223
Aug 11We Think That There Are Issues Underlying Vedant Fashions' (NSE:MANYAVAR) Earnings
May 17CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | ₹4b |
| Jun 30 2024 | n/a | n/a | ₹4b |
| Mar 31 2024 | ₹45m | ₹30m | ₹4b |
| Dec 31 2023 | n/a | n/a | ₹4b |
| Sep 30 2023 | n/a | n/a | ₹4b |
| Jun 30 2023 | n/a | n/a | ₹4b |
| Mar 31 2023 | ₹82m | ₹82m | ₹4b |
| Dec 31 2022 | n/a | n/a | ₹4b |
| Sep 30 2022 | n/a | n/a | ₹4b |
| Jun 30 2022 | n/a | n/a | ₹4b |
| Mar 31 2022 | ₹129m | ₹129m | ₹3b |
| Dec 31 2021 | n/a | n/a | ₹3b |
| Sep 30 2021 | n/a | n/a | ₹2b |
| Jun 30 2021 | n/a | n/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 ($USD523.14K) is about average for companies of similar size in the Indian market ($USD603.77K).
Compensation vs Earnings: Ravi's compensation has been consistent with company performance over the past year.
CEO
Ravi Modi (47 yo)
22.7yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | no data | ₹44.84m | 16.7% ₹ 52.3b | |
| Chief Financial Officer | 3.7yrs | ₹7.86m | no data | |
| Company Secretary & Compliance Officer | no data | ₹3.65m | no data | |
| Whole-time Director | no data | ₹29.89m | 1.09% ₹ 3.4b | |
| Chief of Strategy & Investments | 3.4yrs | ₹4.14m | no data | |
| Chief Information Officer | 3.4yrs | ₹6.50m | no data | |
| Chief Marketing & Digital Officer | 1.3yrs | no data | no data | |
| Chief Human Resources Officer | less than a year | no data | no data | |
| Chief Product Officer | no data | ₹9.56m | no data | |
| Chief Supply Chain Officer | 3.4yrs | ₹4.42m | no data | |
| Chief of Retail Business Development & Projects | 3.4yrs | ₹4.08m | no data | |
| Chief Revenue Officer | 1.3yrs | no data | no data |
3.4yrs
Average Tenure
46yo
Average Age
Experienced Management: MANYAVAR's management team is considered experienced (3.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 22.7yrs | ₹44.84m | 16.7% ₹ 52.3b | |
| Whole-time Director | 22.7yrs | ₹29.89m | 1.09% ₹ 3.4b | |
| Non-Executive Director | 7.4yrs | ₹3.00m | no data | |
| Independent Director | 3.3yrs | ₹3.00m | 0.000020% ₹ 62.7k | |
| Independent Director | 3.3yrs | ₹3.00m | no data | |
| Independent Director | 3.3yrs | ₹3.00m | no data |
5.4yrs
Average Tenure
48yo
Average Age
Experienced Board: MANYAVAR's board of directors are considered experienced (5.4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/01 14:15 |
| End of Day Share Price | 2025/01/01 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 |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Vedant Fashions Limited is covered by 18 analysts. 9 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 |
|---|---|
| null null | Antique Stockbroking Ltd. |
| Tejash Shah | Avendus Spark |
| Vijayaraghavan Swaminathan | Avendus Spark |