Vardhman Textiles Management
Management criteria checks 3/4
Vardhman Textiles' CEO is Shri Oswal, appointed in Jun 2005, has a tenure of 19.42 years. total yearly compensation is ₹174.01M, comprised of 6.3% salary and 93.7% bonuses, including company stock and options. directly owns 1.05% of the company’s shares, worth ₹1.33B. The average tenure of the management team and the board of directors is 8 years and 4.3 years respectively.
Key information
Shri Oswal
Chief executive officer
₹174.0m
Total compensation
| CEO salary percentage | 6.3% |
| CEO tenure | 19.4yrs |
| CEO ownership | 1.0% |
| Management average tenure | 8yrs |
| Board average tenure | 4.3yrs |
Recent management updates
It's Unlikely That Vardhman Textiles Limited's (NSE:VTL) CEO Will See A Huge Pay Rise This Year
Sep 13
Shareholders May Be More Conservative With Vardhman Textiles Limited's (NSE:VTL) CEO Compensation For Now
Sep 24Recent updates
Is Vardhman Textiles Limited (NSE:VTL) Trading At A 22% Discount?
Oct 26Vardhman Textiles' (NSE:VTL) Returns On Capital Not Reflecting Well On The Business
Oct 08It's Unlikely That Vardhman Textiles Limited's (NSE:VTL) CEO Will See A Huge Pay Rise This Year
Sep 13Investors Continue Waiting On Sidelines For Vardhman Textiles Limited (NSE:VTL)
Sep 05There Are Reasons To Feel Uneasy About Vardhman Textiles' (NSE:VTL) Returns On Capital
Jun 26Here's Why Vardhman Textiles (NSE:VTL) Has A Meaningful Debt Burden
Jun 08Vardhman Textiles' (NSE:VTL) Anemic Earnings Might Be Worse Than You Think
May 21Vardhman Textiles Limited (NSE:VTL) Annual Results Just Came Out: Here's What Analysts Are Forecasting For This Year
May 14Be Wary Of Vardhman Textiles (NSE:VTL) And Its Returns On Capital
Feb 20Vardhman Textiles Limited Just Recorded A 9.2% EPS Beat: Here's What Analysts Are Forecasting Next
Jan 28Potential Upside For Vardhman Textiles Limited (NSE:VTL) Not Without Risk
Jan 09Vardhman Textiles (NSE:VTL) Could Be Struggling To Allocate Capital
Nov 10Shareholders May Be More Conservative With Vardhman Textiles Limited's (NSE:VTL) CEO Compensation For Now
Sep 24Vardhman Textiles Limited (NSE:VTL) Shares Could Be 21% Below Their Intrinsic Value Estimate
Sep 13Return Trends At Vardhman Textiles (NSE:VTL) Aren't Appealing
Aug 05Here's Why Vardhman Textiles (NSE:VTL) Can Manage Its Debt Responsibly
Jun 03Here's What To Make Of Vardhman Textiles' (NSE:VTL) Decelerating Rates Of Return
May 04Here's Why Vardhman Textiles (NSE:VTL) Can Manage Its Debt Responsibly
Jan 28A Look At The Fair Value Of Vardhman Textiles Limited (NSE:VTL)
Dec 30Do Vardhman Textiles' (NSE:VTL) Earnings Warrant Your Attention?
Oct 28Vardhman Textiles (NSE:VTL) Knows How To Allocate Capital Effectively
Sep 17Is Vardhman Textiles Limited (NSE:VTL) Trading At A 46% Discount?
Jul 19Is Vardhman Textiles (NSE:VTL) Using Too Much Debt?
Jun 28Vardhman Textiles (NSE:VTL) Is Investing Its Capital With Increasing Efficiency
Jun 01Vardhman Textiles Limited's (NSE:VTL) Intrinsic Value Is Potentially 20% Below Its Share Price
Apr 13Vardhman Textiles (NSE:VTL) Has A Pretty Healthy Balance Sheet
Mar 28Here's Why I Think Vardhman Textiles (NSE:VTL) Is An Interesting Stock
Mar 14Vardhman Textiles (NSE:VTL) Is Investing Its Capital With Increasing Efficiency
Jan 28These 4 Measures Indicate That Vardhman Textiles (NSE:VTL) Is Using Debt Reasonably Well
Dec 19Does Vardhman Textiles (NSE:VTL) Deserve A Spot On Your Watchlist?
Dec 06Capital Allocation Trends At Vardhman Textiles (NSE:VTL) Aren't Ideal
Oct 27Shareholders Will Probably Hold Off On Increasing Vardhman Textiles Limited's (NSE:VTL) CEO Compensation For The Time Being
Sep 21Vardhman Textiles (NSE:VTL) Has A Pretty Healthy Balance Sheet
Sep 13Vardhman Textiles (NSE:VTL) Will Want To Turn Around Its Return Trends
Jul 22CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | ₹8b |
| Jun 30 2024 | n/a | n/a | ₹7b |
| Mar 31 2024 | ₹174m | ₹11m | ₹6b |
| Dec 31 2023 | n/a | n/a | ₹6b |
| Sep 30 2023 | n/a | n/a | ₹5b |
| Jun 30 2023 | n/a | n/a | ₹6b |
| Mar 31 2023 | ₹206m | ₹9m | ₹8b |
| Dec 31 2022 | n/a | n/a | ₹10b |
| Sep 30 2022 | n/a | n/a | ₹13b |
| Jun 30 2022 | n/a | n/a | ₹16b |
| Mar 31 2022 | ₹434m | ₹6m | ₹15b |
| Dec 31 2021 | n/a | n/a | ₹15b |
| Sep 30 2021 | n/a | n/a | ₹12b |
| Jun 30 2021 | n/a | n/a | ₹8b |
| Mar 31 2021 | ₹92m | ₹6m | ₹4b |
| Dec 31 2020 | n/a | n/a | ₹3b |
| Sep 30 2020 | n/a | n/a | ₹3b |
| Jun 30 2020 | n/a | n/a | ₹4b |
| Mar 31 2020 | ₹65m | ₹6m | ₹6b |
| Dec 31 2019 | n/a | n/a | ₹6b |
| Sep 30 2019 | n/a | n/a | ₹6b |
| Jun 30 2019 | n/a | n/a | ₹7b |
| Mar 31 2019 | ₹188m | ₹5m | ₹7b |
| Dec 31 2018 | n/a | n/a | ₹7b |
| Sep 30 2018 | n/a | n/a | ₹7b |
| Jun 30 2018 | n/a | n/a | ₹6b |
| Mar 31 2018 | ₹152m | ₹7m | ₹6b |
Compensation vs Market: Shri's total compensation ($USD2.06M) is above average for companies of similar size in the Indian market ($USD481.61K).
Compensation vs Earnings: Shri's compensation has been consistent with company performance over the past year.
CEO
Shri Oswal (82 yo)
19.4yrs
Tenure
₹174,014,033
Compensation
Mr. Shri Paul Oswal, M.Com. has been the Executive Chairman of Vardhman Textiles Limited since June 1, 2005 and its Managing Director since June 17, 2005. Mr. Oswal has been the Managing Director of Vardhm...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & MD | 19.4yrs | ₹174.01m | 1.05% ₹ 1.3b | |
| Vice Chairperson & Joint MD | 14.6yrs | ₹33.69m | 0.42% ₹ 537.2m | |
| Joint MD | 10.3yrs | ₹27.83m | 0.0028% ₹ 3.5m | |
| Chief Financial Officer | no data | ₹9.41m | 0.0024% ₹ 3.1m | |
| Compliance Officer & Company Secretary | 7.4yrs | ₹2.48m | no data | |
| Executive Director | 2.3yrs | ₹10.85m | 0.012% ₹ 15.4m | |
| President & Director In-charge | no data | ₹14.49m | no data | |
| Director of Operations | no data | ₹18.28m | no data | |
| Executive VP & Head of Fabric Sales & Marketing | no data | ₹12.03m | no data | |
| Chief General Manager of Operations & Unit Head | no data | ₹10.98m | 0.0096% ₹ 12.2m | |
| Executive Vice President | no data | ₹11.85m | 0.0014% ₹ 1.8m | |
| Chief General Manager | no data | ₹10.91m | 0.0069% ₹ 8.8m |
8.0yrs
Average Tenure
58yo
Average Age
Experienced Management: VTL's management team is seasoned and experienced (8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & MD | 51.1yrs | ₹174.01m | 1.05% ₹ 1.3b | |
| Vice Chairperson & Joint MD | 14.6yrs | ₹33.69m | 0.42% ₹ 537.2m | |
| Joint MD | 14.7yrs | ₹27.83m | 0.0028% ₹ 3.5m | |
| Executive Director | 2.3yrs | ₹10.85m | 0.012% ₹ 15.4m | |
| Non-Executive Non Independent Director | 30.4yrs | no data | no data | |
| Non-Executive Independent Director | 2.8yrs | ₹320.00k | no data | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 1.3yrs | ₹130.00k | no data | |
| Non-Executive Independent Director | 5.8yrs | ₹420.00k | no data | |
| Non-Executive Independent Director | 2.2yrs | ₹450.00k | no data |
4.3yrs
Average Tenure
57.5yo
Average Age
Experienced Board: VTL's board of directors are considered experienced (4.3 years average tenure).