VIP Clothing Management
Management criteria checks 2/4
VIP Clothing's CEO is Sunil Pathare, appointed in Feb 2019, has a tenure of 5.92 years. total yearly compensation is ₹9.58M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 16.92% of the company’s shares, worth ₹755.48M. The average tenure of the management team and the board of directors is 4.4 years and 5.4 years respectively.
Key information
Sunil Pathare
Chief executive officer
₹9.6m
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 5.9yrs |
| CEO ownership | 16.9% |
| Management average tenure | 4.4yrs |
| Board average tenure | 5.4yrs |
Recent management updates
Recent updates
VIP Clothing Limited's (NSE:VIPCLOTHNG) 29% Share Price Surge Not Quite Adding Up
Dec 11
Subdued Growth No Barrier To VIP Clothing Limited (NSE:VIPCLOTHNG) With Shares Advancing 30%
Jul 05Investors Will Want VIP Clothing's (NSE:VIPCLOTHNG) Growth In ROCE To Persist
Apr 08Increases to CEO Compensation Might Be Put On Hold For Now at VIP Clothing Limited (NSE:VIPCLOTHNG)
Sep 08Return Trends At VIP Clothing (NSE:VIPCLOTHNG) Aren't Appealing
Nov 11We Think Some Shareholders May Hesitate To Increase VIP Clothing Limited's (NSE:VIPCLOTHNG) CEO Compensation
Sep 17Is VIP Clothing (NSE:VIPCLOTHNG) Using Too Much Debt?
Aug 27VIP Clothing (NSE:VIPCLOTHNG) Could Be Struggling To Allocate Capital
May 13VIP Clothing (NSE:VIPCLOTHNG) Is Looking To Continue Growing Its Returns On Capital
Jan 20Here's Why VIP Clothing (NSE:VIPCLOTHNG) Has A Meaningful Debt Burden
Dec 14Auditors Have Doubts About VIP Clothing (NSE:VIPCLOTHNG)
Sep 09Is VIP Clothing (NSE:VIPCLOTHNG) A Risky Investment?
Jul 15Would VIP Clothing (NSE:VIPCLOTHNG) Be Better Off With Less Debt?
Mar 08Have Insiders Been Buying VIP Clothing Limited (NSE:VIPCLOTHNG) Shares This Year?
Jan 12Would VIP Clothing (NSE:VIPCLOTHNG) Be Better Off With Less Debt?
Nov 19Need To Know: VIP Clothing Limited (NSE:VIPCLOTHNG) Insiders Have Been Buying Shares
Aug 27Sunil Pathare Is The Chairman & MD of VIP Clothing Limited (NSE:VIPCLOTHNG) And Just Spent ₹1.2m On Shares
Aug 26Is VIP Clothing (NSE:VIPCLOTHNG) Weighed On By Its Debt Load?
Jun 29
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -₹97m |
| Jun 30 2024 | n/a | n/a | -₹130m |
| Mar 31 2024 | ₹10m | ₹10m | -₹127m |
| Dec 31 2023 | n/a | n/a | -₹33m |
| Sep 30 2023 | n/a | n/a | ₹52m |
| Jun 30 2023 | n/a | n/a | ₹93m |
| Mar 31 2023 | ₹9m | ₹9m | ₹66m |
| Dec 31 2022 | n/a | n/a | ₹67m |
| Sep 30 2022 | n/a | n/a | -₹7m |
| Jun 30 2022 | n/a | n/a | -₹2m |
| Mar 31 2022 | ₹8m | ₹8m | -₹22m |
| Dec 31 2021 | n/a | n/a | -₹45m |
| Sep 30 2021 | n/a | n/a | ₹25m |
| Jun 30 2021 | n/a | n/a | ₹308k |
| Mar 31 2021 | ₹8m | ₹8m | -₹10m |
| Dec 31 2020 | n/a | n/a | -₹139m |
| Sep 30 2020 | n/a | n/a | -₹305m |
| Jun 30 2020 | n/a | n/a | -₹207m |
| Mar 31 2020 | ₹9m | ₹9m | -₹150m |
| Dec 31 2019 | n/a | n/a | -₹36m |
| Sep 30 2019 | n/a | n/a | ₹73m |
| Jun 30 2019 | n/a | n/a | -₹57m |
| Mar 31 2019 | ₹7m | ₹7m | -₹62m |
| Dec 31 2018 | n/a | n/a | -₹70m |
| Sep 30 2018 | n/a | n/a | -₹67m |
| Jun 30 2018 | n/a | n/a | ₹7m |
| Mar 31 2018 | ₹6m | ₹6m | -₹30m |
Compensation vs Market: Sunil's total compensation ($USD111.84K) is above average for companies of similar size in the Indian market ($USD41.98K).
Compensation vs Earnings: Sunil's compensation has increased whilst the company is unprofitable.
CEO
Sunil Pathare (53 yo)
5.9yrs
Tenure
₹9,582,000
Compensation
Mr. Sunil Jaykumar Pathare, B.com, serves as Managing Director at VIP Clothing Limited. Mr. Pathare served as Managing Director of VIP Clothing Limited from July 2008 to February 12, 2016 and serves as its...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & MD | 5.9yrs | ₹9.58m | 16.92% ₹ 755.5m | |
| Chief Finance Controller | 4.4yrs | ₹61.00 | no data | |
| Whole Time Director | no data | ₹8.18m | 14.59% ₹ 651.6m | |
| Executive Asst. To CMD & Head – Logistics | no data | ₹25.00 | no data | |
| Company Secretary & Compliance Officer | less than a year | no data | no data | |
| Vice President of Sales | no data | no data | no data | |
| Head of Human Resource | no data | no data | no data | |
| NSM – VIP | no data | no data | no data | |
| Deputy General Manager of Operations - Thingalur | no data | ₹1.91m | no data | |
| National Sales Manager of Modern Trade & CSD | no data | no data | no data | |
| National Sales Manager – Frenchie | no data | no data | no data | |
| National Sales Manager – Feelings & Brat | no data | no data | no data |
4.4yrs
Average Tenure
51yo
Average Age
Experienced Management: VIPCLOTHNG's management team is considered experienced (4.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & MD | 32.3yrs | ₹9.58m | 16.92% ₹ 755.5m | |
| Whole Time Director | 21.3yrs | ₹8.18m | 14.59% ₹ 651.6m | |
| Non-Executive Independent Director | 9.8yrs | ₹160.00k | no data | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | less than a year | no data | no data |
5.4yrs
Average Tenure
53yo
Average Age
Experienced Board: VIPCLOTHNG'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 | 2025/01/06 21:04 |
| End of Day Share Price | 2025/01/06 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
VIP Clothing Limited is covered by 2 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 |
|---|---|
| Anil Burra | FirstCall Research |
| Ankush Mahajan | K.R. Choksey Shares & Securities Private Ltd. |