Nitin Spinners Management
Management criteria checks 4/4
Nitin Spinners' CEO is Dinesh Nolkha, appointed in Feb 2021, has a tenure of 3.25 years. total yearly compensation is ₹14.81M, comprised of 34.2% salary and 65.8% bonuses, including company stock and options. directly owns 2.71% of the company’s shares, worth ₹568.31M. The average tenure of the management team and the board of directors is 3.3 years and 9.8 years respectively.
Key information
Dinesh Nolkha
Chief executive officer
₹14.8m
Total compensation
| CEO salary percentage | 34.2% |
| CEO tenure | 3.3yrs |
| CEO ownership | 2.7% |
| Management average tenure | 3.3yrs |
| Board average tenure | 9.8yrs |
Recent management updates
This Is The Reason Why We Think Nitin Spinners Limited's (NSE:NITINSPIN) CEO Might Be Underpaid
Sep 12
Our View On Nitin Spinners' (NSE:NITINSPIN) CEO Pay
Jan 19How Much Did Nitin Spinners' (NSE:NITINSPIN) CEO Pocket Last Year?
Oct 06Recent updates
Cautious Investors Not Rewarding Nitin Spinners Limited's (NSE:NITINSPIN) Performance Completely
Apr 08Nitin Spinners' (NSE:NITINSPIN) Returns On Capital Not Reflecting Well On The Business
Mar 21This Is The Reason Why We Think Nitin Spinners Limited's (NSE:NITINSPIN) CEO Might Be Underpaid
Sep 12Nitin Spinners (NSE:NITINSPIN) Is Paying Out A Dividend Of ₹2.50
Sep 10Nitin Spinners (NSE:NITINSPIN) Has Affirmed Its Dividend Of ₹2.50
Aug 27Nitin Spinners (NSE:NITINSPIN) Is Reinvesting At Lower Rates Of Return
Aug 23Calculating The Fair Value Of Nitin Spinners Limited (NSE:NITINSPIN)
Jan 15If EPS Growth Is Important To You, Nitin Spinners (NSE:NITINSPIN) Presents An Opportunity
Nov 30Nitin Spinners (NSE:NITINSPIN) Is Increasing Its Dividend To ₹2.50
Aug 25We Think Nitin Spinners (NSE:NITINSPIN) Can Stay On Top Of Its Debt
Jun 14Should You Be Adding Nitin Spinners (NSE:NITINSPIN) To Your Watchlist Today?
May 26I Ran A Stock Scan For Earnings Growth And Nitin Spinners (NSE:NITINSPIN) Passed With Ease
Dec 28Nitin Spinners (NSE:NITINSPIN) Has A Somewhat Strained Balance Sheet
Sep 21Nitin Spinners (NSE:NITINSPIN) Has A Somewhat Strained Balance Sheet
May 28Here's What's Concerning About Nitin Spinners' (NSE:NITINSPIN) Returns On Capital
May 07Should You Buy Nitin Spinners Limited (NSE:NITINSPIN) For Its Dividend?
Mar 08Nitin Spinners (NSE:NITINSPIN) Use Of Debt Could Be Considered Risky
Feb 18What Nitin Spinners Limited's (NSE:NITINSPIN) ROE Can Tell Us
Feb 03Our View On Nitin Spinners' (NSE:NITINSPIN) CEO Pay
Jan 19Is Nitin Spinners (NSE:NITINSPIN) Likely To Turn Things Around?
Jan 04Investors Who Bought Nitin Spinners (NSE:NITINSPIN) Shares A Year Ago Are Now Up 56%
Dec 17
Zooming in on NSE:NITINSPIN's 1.0% Dividend Yield
Nov 29Nitin Spinners (NSE:NITINSPIN) Use Of Debt Could Be Considered Risky
Nov 08How Much Did Nitin Spinners' (NSE:NITINSPIN) CEO Pocket Last Year?
Oct 06Is Nitin Spinners (NSE:NITINSPIN) Likely To Turn Things Around?
Sep 01CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | ₹1b |
| Sep 30 2023 | n/a | n/a | ₹1b |
| Jun 30 2023 | n/a | n/a | ₹1b |
| Mar 31 2023 | ₹15m | ₹5m | ₹2b |
| Dec 31 2022 | n/a | n/a | ₹2b |
| Sep 30 2022 | n/a | n/a | ₹3b |
| Jun 30 2022 | n/a | n/a | ₹3b |
| Mar 31 2022 | ₹31m | ₹5m | ₹3b |
| Dec 31 2021 | n/a | n/a | ₹3b |
| Sep 30 2021 | n/a | n/a | ₹2b |
| Jun 30 2021 | n/a | n/a | ₹1b |
| Mar 31 2021 | ₹13m | ₹4m | ₹689m |
| Dec 31 2020 | n/a | n/a | ₹325m |
| Sep 30 2020 | n/a | n/a | ₹151m |
| Jun 30 2020 | n/a | n/a | ₹39m |
| Mar 31 2020 | ₹8m | ₹4m | ₹238m |
| Dec 31 2019 | n/a | n/a | ₹352m |
| Sep 30 2019 | n/a | n/a | ₹438m |
| Jun 30 2019 | n/a | n/a | ₹594m |
| Mar 31 2019 | ₹12m | ₹4m | ₹641m |
| Dec 31 2018 | n/a | n/a | ₹608m |
| Sep 30 2018 | n/a | n/a | ₹632m |
| Jun 30 2018 | n/a | n/a | ₹551m |
| Mar 31 2018 | ₹10m | ₹4m | ₹524m |
Compensation vs Market: Dinesh's total compensation ($USD177.42K) is about average for companies of similar size in the Indian market ($USD185.46K).
Compensation vs Earnings: Dinesh's compensation has been consistent with company performance over the past year.
CEO
Dinesh Nolkha (53 yo)
3.3yrs
Tenure
₹14,805,000
Compensation
Mr. Dinesh Nolkha, F.C.A., A.I.C.W.A, has been Managing Director of Nitin Spinners Ltd. since January 2006. Mr. Nolkha was instrumental in setting up Nitin Spinners Ltd.since 1992. Prior to setting up the...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Executive Director | 3.3yrs | ₹14.81m | 2.71% ₹ 568.3m | |
| Joint MD & Executive Director | 3.3yrs | ₹4.14m | 3.66% ₹ 767.3m | |
| President & CFO | no data | ₹4.00m | no data | |
| Joint President | no data | ₹3.95m | no data | |
| Joint President of Marketing | no data | ₹4.05m | no data | |
| President & COO | 17.1yrs | no data | no data | |
| Company Secretary | no data | ₹2.35m | no data |
3.3yrs
Average Tenure
53yo
Average Age
Experienced Management: NITINSPIN's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Executive Director | no data | ₹14.81m | 2.71% ₹ 568.3m | |
| Joint MD & Executive Director | 25.6yrs | ₹4.14m | 3.66% ₹ 767.3m | |
| Independent & Non-Executive Director | 9.8yrs | ₹425.00k | 0.00018% ₹ 37.8k | |
| Independent & Non-Executive Director | 9.8yrs | ₹300.00k | no data | |
| Independent Director | 2.4yrs | ₹350.00k | 0.039% ₹ 8.2m | |
| Additional Independent Director | less than a year | no data | no data |
9.8yrs
Average Tenure
53yo
Average Age
Experienced Board: NITINSPIN's board of directors are considered experienced (9.8 years average tenure).