Soma Textiles & Industries Limited

NSEI:SOMATEX Stock Report

Market Cap: ₹1.3b

Soma Textiles & Industries Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Arvind Somany

Chief executive officer

₹5.9m

Total compensation

CEO salary percentage90.0%
CEO tenure35.6yrs
CEO ownership7.4%
Management average tenureno data
Board average tenure16.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Arvind Somany's remuneration changed compared to Soma Textiles & Industries's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

-₹6m

Sep 30 2023n/an/a

₹1b

Jun 30 2023n/an/a

₹2b

Mar 31 2023₹6m₹5m

₹2b

Dec 31 2022n/an/a

₹2b

Sep 30 2022n/an/a

₹283m

Jun 30 2022n/an/a

-₹74m

Mar 31 2022₹6m₹5m

-₹164m

Dec 31 2021n/an/a

-₹162m

Sep 30 2021n/an/a

-₹177m

Jun 30 2021n/an/a

-₹204m

Mar 31 2021₹3m₹3m

-₹215m

Dec 31 2020n/an/a

-₹159m

Sep 30 2020n/an/a

-₹133m

Jun 30 2020n/an/a

-₹69m

Mar 31 2020₹3m₹3m

-₹59m

Dec 31 2019n/an/a

-₹133m

Sep 30 2019n/an/a

-₹208m

Jun 30 2019n/an/a

-₹179m

Mar 31 2019₹3m₹3m

-₹172m

Mar 31 2018₹6m₹5m

-₹82m

Compensation vs Market: Arvind's total compensation ($USD70.81K) is above average for companies of similar size in the Indian market ($USD39.23K).

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


CEO

Arvind Somany (67 yo)

35.6yrs

Tenure

₹5,906,880

Compensation

Mr. Arvind Kumar Somany has been the Managing Director of Soma Textiles & Industries since January 22, 1988 and also serves as its Chief Executive Officer. Mr. Somany has over many years’ experience with h...


Board Members

NamePositionTenureCompensationOwnership
Arvind Somany
MD, CEO & Executive Non-Independent Director35.6yrs₹5.91m7.43%
₹ 93.1m
Shrikant Bhat
Whole-time Director & CFO16.3yrs₹3.63mno data
Surendra Kumar Somany
Non-Executive Non-Independent Chairman75yrs₹10.00k15.34%
₹ 192.2m
Brij Kishore Hurkat
Non-Executive & Independent Director15.3yrs₹7.50kno data
Malay Shah
Non-Executive Independent Director9.2yrs₹10.00kno data

16.3yrs

Average Tenure

74yo

Average Age

Experienced Board: SOMATEX's board of directors are seasoned and experienced ( 16.3 years average tenure).


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