Shiva Texyarn Limited

NSEI:SHIVATEX Stock Report

Market Cap: ₹2.2b

Shiva Texyarn Management

Management criteria checks 4/4

Shiva Texyarn's CEO is Sangampalyam Sundararaman, appointed in Aug 2017, has a tenure of 6.67 years. total yearly compensation is ₹4.03M, comprised of 89.3% salary and 10.7% bonuses, including company stock and options. directly owns 0.39% of the company’s shares, worth ₹8.47M. The average tenure of the management team and the board of directors is 6.7 years and 6.7 years respectively.

Key information

Sangampalyam Sundararaman

Chief executive officer

₹4.0m

Total compensation

CEO salary percentage89.3%
CEO tenure6.7yrs
CEO ownership0.4%
Management average tenure6.7yrs
Board average tenure6.7yrs

Recent management updates

Recent updates

What Shiva Texyarn Limited's (NSE:SHIVATEX) 36% Share Price Gain Is Not Telling You

Feb 02
What Shiva Texyarn Limited's (NSE:SHIVATEX) 36% Share Price Gain Is Not Telling You

Shiva Texyarn (NSE:SHIVATEX) Is Making Moderate Use Of Debt

Jan 30
Shiva Texyarn (NSE:SHIVATEX) Is Making Moderate Use Of Debt

Shiva Texyarn (NSE:SHIVATEX) Is Carrying A Fair Bit Of Debt

Jul 29
Shiva Texyarn (NSE:SHIVATEX) Is Carrying A Fair Bit Of Debt

Is Shiva Texyarn (NSE:SHIVATEX) A Risky Investment?

Mar 28
Is Shiva Texyarn (NSE:SHIVATEX) A Risky Investment?

Some Investors May Be Worried About Shiva Texyarn's (NSE:SHIVATEX) Returns On Capital

Jan 31
Some Investors May Be Worried About Shiva Texyarn's (NSE:SHIVATEX) Returns On Capital

These 4 Measures Indicate That Shiva Texyarn (NSE:SHIVATEX) Is Using Debt Extensively

Dec 26
These 4 Measures Indicate That Shiva Texyarn (NSE:SHIVATEX) Is Using Debt Extensively

Shiva Texyarn (NSE:SHIVATEX) Is Increasing Its Dividend To ₹1.40

Aug 21
Shiva Texyarn (NSE:SHIVATEX) Is Increasing Its Dividend To ₹1.40

Shiva Texyarn (NSE:SHIVATEX) Has A Pretty Healthy Balance Sheet

Jun 17
Shiva Texyarn (NSE:SHIVATEX) Has A Pretty Healthy Balance Sheet

Shiva Texyarn (NSE:SHIVATEX) Could Become A Multi-Bagger

May 12
Shiva Texyarn (NSE:SHIVATEX) Could Become A Multi-Bagger

Is Shiva Texyarn (NSE:SHIVATEX) Using Too Much Debt?

Feb 23
Is Shiva Texyarn (NSE:SHIVATEX) Using Too Much Debt?

Shiva Texyarn (NSE:SHIVATEX) Has More To Do To Multiply In Value Going Forward

Jan 26
Shiva Texyarn (NSE:SHIVATEX) Has More To Do To Multiply In Value Going Forward

Shiva Texyarn's (NSE:SHIVATEX) Promising Earnings May Rest On Soft Foundations

Nov 20
Shiva Texyarn's (NSE:SHIVATEX) Promising Earnings May Rest On Soft Foundations

Returns At Shiva Texyarn (NSE:SHIVATEX) Are On The Way Up

Oct 05
Returns At Shiva Texyarn (NSE:SHIVATEX) Are On The Way Up

The Returns At Shiva Texyarn (NSE:SHIVATEX) Aren't Growing

Apr 14
The Returns At Shiva Texyarn (NSE:SHIVATEX) Aren't Growing

Our Take On The Returns On Capital At Shiva Texyarn (NSE:SHIVATEX)

Dec 28
Our Take On The Returns On Capital At Shiva Texyarn (NSE:SHIVATEX)

Shiva Texyarn (NSE:SHIVATEX) Use Of Debt Could Be Considered Risky

Nov 30
Shiva Texyarn (NSE:SHIVATEX) Use Of Debt Could Be Considered Risky

With A 1.5% Return On Equity, Is Shiva Texyarn Limited (NSE:SHIVATEX) A Quality Stock?

Nov 02
With A 1.5% Return On Equity, Is Shiva Texyarn Limited (NSE:SHIVATEX) A Quality Stock?

Unpleasant Surprises Could Be In Store For Shiva Texyarn Limited's (NSE:SHIVATEX) Shares

Sep 28
Unpleasant Surprises Could Be In Store For Shiva Texyarn Limited's (NSE:SHIVATEX) Shares

Returns On Capital At Shiva Texyarn (NSE:SHIVATEX) Paint An Interesting Picture

Sep 01
Returns On Capital At Shiva Texyarn (NSE:SHIVATEX) Paint An Interesting Picture

CEO Compensation Analysis

How has Sangampalyam Sundararaman's remuneration changed compared to Shiva Texyarn's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

-₹97m

Sep 30 2023n/an/a

-₹115m

Jun 30 2023n/an/a

-₹132m

Mar 31 2023₹4m₹4m

-₹66m

Dec 31 2022n/an/a

-₹120m

Sep 30 2022n/an/a

₹33m

Jun 30 2022n/an/a

₹157m

Mar 31 2022₹20mn/a

₹200m

Dec 31 2021n/an/a

₹228m

Sep 30 2021n/an/a

₹223m

Jun 30 2021n/an/a

₹164m

Mar 31 2021₹6mn/a

₹123m

Dec 31 2020n/an/a

₹83m

Sep 30 2020n/an/a

₹29m

Jun 30 2020n/an/a

₹16m

Mar 31 2020₹4mn/a

₹15m

Compensation vs Market: Sangampalyam's total compensation ($USD48.31K) is about average for companies of similar size in the Indian market ($USD39.23K).

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


CEO

Sangampalyam Sundararaman (50 yo)

6.7yrs

Tenure

₹4,032,000

Compensation

Dr. Sangampalyam Kandasami Sundararaman, MBA, has been Managing Director of Shiva Texyarn Ltd since August 31, 2017. Dr. Sundararaman serves as the Head of Weaving Division & New Initiatives for Bannari Am...


Leadership Team

NamePositionTenureCompensationOwnership
Sangampalyam Sundararaman
MD & Executive Director6.7yrs₹4.03m0.39%
₹ 8.5m
C. Krishnakumar
Chief Financial Officer6.7yrs₹2.64mno data
R. Srinivasan
Company Secretary & Compliance Officer6.7yrs₹2.49mno data
K. Venurajagopal
General Manager of Human Resources & Administrationno datano datano data
Rajesh Singh
Head of Modern Trade Salesno datano datano data
J. Mishra
Business Head of Northno datano datano data
A. Balamurali
Internal Auditorno datano datano data

6.7yrs

Average Tenure

49.5yo

Average Age

Experienced Management: SHIVATEX's management team is seasoned and experienced (6.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Sangampalyam Sundararaman
MD & Executive Director11.7yrs₹4.03m0.39%
₹ 8.5m
S. Alagappan
Non Executive Chairman43.9yrs₹50.00kno data
S. Marusamy
Non-Executive Independent Director18.3yrs₹60.00k0.034%
₹ 731.7k
S. Kandasami
Non-Executive Non-Independent Director6.7yrs₹50.00k1.34%
₹ 29.1m
S. Abirami
Non-Executive Non-Independent Woman Director6.7yrs₹50.00kno data
Arjunaraj Dhananjayan
Non-Executive Independent Director4.9yrs₹80.00kno data
Devarajjalu Naidu Krishnan
Non-Executive Independent Director4.9yrs₹100.00kno data
Vidyasankar Bhuvaneshwari
Independent Directorless than a yearno datano data

6.7yrs

Average Tenure

55.5yo

Average Age

Experienced Board: SHIVATEX's board of directors are considered experienced (6.7 years average tenure).


Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.