Silgo Retail Management
Management criteria checks 3/4
Silgo Retail's CEO is Nitin Jain, appointed in Jun 2018, has a tenure of 6.58 years. total yearly compensation is ₹2.40M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 64.01% of the company’s shares, worth ₹416.67M. The average tenure of the management team and the board of directors is 6.6 years and 6.5 years respectively.
Key information
Nitin Jain
Chief executive officer
₹2.4m
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 6.6yrs |
| CEO ownership | 64.0% |
| Management average tenure | 6.6yrs |
| Board average tenure | 6.5yrs |
Recent management updates
Recent updates
Silgo Retail Limited's (NSE:SILGO) Shares Bounce 33% But Its Business Still Trails The Market
Sep 18
There's No Escaping Silgo Retail Limited's (NSE:SILGO) Muted Earnings
Jul 31Silgo Retail Limited (NSE:SILGO) Stock Catapults 27% Though Its Price And Business Still Lag The Market
Apr 11Here's Why We Think Silgo Retail (NSE:SILGO) Is Well Worth Watching
Mar 28Silgo Retail Limited's (NSE:SILGO) Share Price Is Matching Sentiment Around Its Earnings
Jan 06These 4 Measures Indicate That Silgo Retail (NSE:SILGO) Is Using Debt Extensively
Dec 05Calculating The Intrinsic Value Of Silgo Retail Limited (NSE:SILGO)
Aug 23Is Silgo Retail (NSE:SILGO) A Risky Investment?
Jun 04Silgo Retail (NSE:SILGO) Has A Somewhat Strained Balance Sheet
Dec 18Does Silgo Retail (NSE:SILGO) Have A Healthy Balance Sheet?
Jun 16Does Silgo Retail (NSE:SILGO) Have A Healthy Balance Sheet?
Feb 24Should You Be Adding Silgo Retail (NSE:SILGO) To Your Watchlist Today?
Mar 10Is Silgo Retail Limited (NSE:SILGO) A High Quality Stock To Own?
Nov 24CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | ₹36m |
| Jun 30 2024 | n/a | n/a | ₹33m |
| Mar 31 2024 | ₹2m | ₹2m | ₹32m |
| Dec 31 2023 | n/a | n/a | ₹30m |
| Sep 30 2023 | n/a | n/a | ₹27m |
| Jun 30 2023 | n/a | n/a | ₹26m |
| Mar 31 2023 | ₹1m | ₹1m | ₹24m |
| Dec 31 2022 | n/a | n/a | ₹22m |
| Sep 30 2022 | n/a | n/a | ₹22m |
| Jun 30 2022 | n/a | n/a | ₹24m |
| Mar 31 2022 | ₹2m | ₹2m | ₹23m |
| Dec 31 2021 | n/a | n/a | ₹25m |
| Sep 30 2021 | n/a | n/a | ₹24m |
| Jun 30 2021 | n/a | n/a | ₹24m |
| Mar 31 2021 | ₹2m | n/a | ₹22m |
| Dec 31 2020 | n/a | n/a | ₹18m |
| Sep 30 2020 | n/a | n/a | ₹18m |
| Jun 30 2020 | n/a | n/a | ₹18m |
| Mar 31 2020 | ₹2m | ₹2m | ₹20m |
| Dec 31 2019 | n/a | n/a | ₹19m |
| Sep 30 2019 | n/a | n/a | ₹18m |
| Jun 30 2019 | n/a | n/a | ₹15m |
| Mar 31 2019 | ₹2m | ₹2m | ₹12m |
Compensation vs Market: Nitin's total compensation ($USD27.90K) is below average for companies of similar size in the Indian market ($USD41.93K).
Compensation vs Earnings: Nitin's compensation has increased by more than 20% in the past year.
CEO
Nitin Jain (50 yo)
6.6yrs
Tenure
₹2,400,000
Compensation
Mr. Nitin Jain has been Managing Director of Silgo Retail Limited since June 14, 2018 and its Director since January 09, 2016 and serves as its Chairman. Mr. Jain started his career in the line of jeweller...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 6.6yrs | ₹2.40m | 64.01% ₹ 416.7m | |
| Company Secretary & Compliance Officer | 6.6yrs | ₹750.00k | no data | |
| Whole-Time Director | no data | no data | no data | |
| Chief Financial Officer | less than a year | no data | no data |
6.6yrs
Average Tenure
Experienced Management: SILGO's management team is seasoned and experienced (6.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 9yrs | ₹2.40m | 64.01% ₹ 416.7m | |
| Whole-Time Director | 6.6yrs | no data | no data | |
| Additional Non-Executive Independent Director | 6.5yrs | ₹22.00k | no data | |
| Additional Non-Executive Independent Director | 6.5yrs | ₹22.00k | no data | |
| Additional Non-Executive Independent Director | 3.9yrs | ₹216.00k | no data | |
| Non-Executive Director | 2.4yrs | ₹22.00k | no data |
6.5yrs
Average Tenure
43yo
Average Age
Experienced Board: SILGO's board of directors are considered experienced (6.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 01:40 |
| End of Day Share Price | 2025/01/10 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 |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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Industry and Sector Metrics
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Analyst Sources
Silgo Retail Limited is covered by 0 analysts. 0 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 |
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