Kamat Hotels (India) Management

Management criteria checks 3/4

Kamat Hotels (India)'s CEO is Vithal Kamat, appointed in Oct 2010, has a tenure of 13.5 years. directly owns 17.49% of the company’s shares, worth ₹1.33B. The average tenure of the management team and the board of directors is 9.1 years and 3.6 years respectively.

Key information

Vithal Kamat

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	13.5yrs
CEO ownership	17.5%
Management average tenure	9.1yrs
Board average tenure	3.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Vithal Kamat's remuneration changed compared to Kamat Hotels (India)'s earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	₹3b
Sep 30 2023	n/a	n/a	₹3b
Jun 30 2023	n/a	n/a	₹3b
Mar 31 2023	n/a	n/a	₹3b
Dec 31 2022	n/a	n/a	₹390m
Sep 30 2022	n/a	n/a	₹125m
Jun 30 2022	n/a	n/a	₹32m
Mar 31 2022	n/a	n/a	-₹227m
Dec 31 2021	n/a	n/a	-₹254m
Sep 30 2021	n/a	n/a	-₹361m
Jun 30 2021	n/a	n/a	-₹415m
Mar 31 2021	n/a	n/a	-₹363m
Dec 31 2020	n/a	n/a	-₹180m
Sep 30 2020	n/a	n/a	-₹14m
Jun 30 2020	n/a	n/a	₹133m
Mar 31 2020	₹10m	₹10m	₹248m
Dec 31 2019	n/a	n/a	₹226m
Sep 30 2019	n/a	n/a	₹192m
Jun 30 2019	n/a	n/a	₹169m
Mar 31 2019	₹10m	₹10m	₹169m
Mar 31 2018	₹10m	₹10m	-₹2b

Compensation vs Market: Insufficient data to establish whether Vithal's total compensation is reasonable compared to companies of similar size in the Indian market.

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

CEO

Vithal Kamat (71 yo)

13.5yrs

Tenure

Dr. Vithal Venketesh Kamat, Dip. (Elect. Eng.) has been the Executive Chairman and Managing Director at Kamat Hotels (India) Limited since October 1, 2010. Dr. Kamat serves as Director at Kamat Hotels (Ind...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Vishal Kamat	CEO of Fort Jadhavgadh - Pune & Executive Director	11.3yrs	₹5.92m	0.060% ₹ 4.6m
Vithal Kamat	Executive Chairman & MD	13.5yrs	no data	17.49% ₹ 1.3b
Smita Nanda	Chief Financial Officer	6.9yrs	₹2.21m	no data
Nikhil Singh	Company Secretary & Compliance Officer	less than a year	no data	no data

9.1yrs

Average Tenure

Experienced Management: 526668's management team is seasoned and experienced (9.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Vishal Kamat	CEO of Fort Jadhavgadh - Pune & Executive Director	less than a year	₹5.92m	0.060% ₹ 4.6m
Vithal Kamat	Executive Chairman & MD	38.1yrs	no data	17.49% ₹ 1.3b
Ramnath Sarang	Non-Executive Independent Director	4.9yrs	₹150.00k	no data
Harinder Kaur	Additional Non Executive Independent Director	3.9yrs	₹125.00k	0.045% ₹ 3.4m
Sanjeev Rajgarhia	Non Executive Independent Director	3.7yrs	₹125.00k	no data
Vidita Kamat	Non-Executive Non-Independent Director	3.6yrs	₹100.00k	0.0019% ₹ 147.1k
Vilas Koranne	Additional Non-Executive Independent Director	2.8yrs	₹125.00k	no data
Tej Contractor	Additional Non-Executive Independent Director	less than a year	no data	no data
Ajit Naik	Additional Non-Executive Independent Director	less than a year	no data	no data

3.6yrs

Average Tenure

64yo

Average Age

Experienced Board: 526668's board of directors are considered experienced (3.6 years average tenure).

Kamat Hotels (India) Management

Management criteria checks 3/4

Key information

Recent management updates

Kamat Hotels (India) Limited Announces Executive Resignation

Kamat Hotels (India) Limited Announces Resignation of Apurva Sohanlal Muthalia from Directorship, Member of the Audit Committee and Nomination and Remuneration Committee

Kamat Hotels (India) Limited, Annual General Meeting, Sep 23, 2023

High number of new directors

Kamat Hotels (India) Limited Announces Board Appointments

Kamat Hotels (India) Limited, Annual General Meeting, Sep 28, 2022

Recent updates

Now 21% undervalued after recent price drop

Kamat Hotels (India) Limited Announces Executive Resignation

Investor sentiment improves as stock rises 17%

Investor sentiment deteriorates as stock falls 15%

Now 21% undervalued

Now 21% undervalued

Third quarter 2024 earnings released: EPS: ₹16.86 (vs ₹11.77 in 3Q 2023)

Kamat Hotels (India) Limited to Report Q3, 2024 Results on Jan 31, 2024

Investor sentiment improves as stock rises 18%

Kamat Hotels (India) Limited Announces Resignation of Apurva Sohanlal Muthalia from Directorship, Member of the Audit Committee and Nomination and Remuneration Committee

Investor sentiment improves as stock rises 22%

Second quarter 2024 earnings released: EPS: ₹0.01 (vs ₹1.00 in 2Q 2023)

Kamat Hotels (India) Limited to Report Q2, 2024 Results on Oct 21, 2023

Kamat Hotels (India) Limited, Annual General Meeting, Sep 23, 2023

Kamat Hotels (India) Limited (NSEI:KAMATHOTEL) entered into an agreement to acquire Envotel Hotels Himachal Private Limited for approximately INR 5 million.

First quarter 2024 earnings released: EPS: ₹0.45 (vs ₹4.91 in 1Q 2023)

Kamat Hotels (India) Limited to Report Q1, 2024 Results on Aug 11, 2023

High number of new directors

Full year 2023 earnings released: EPS: ₹132 (vs ₹9.61 loss in FY 2022)

Kamat Hotels (India) Limited Announces Board Appointments

Kamat Hotels (India) Limited to Report Q4, 2023 Results on May 27, 2023

Now 23% undervalued

Investor sentiment improves as stock rises 28%

Investor sentiment improves as stock rises 15%

Third quarter 2023 earnings released: EPS: ₹11.77 (vs ₹0.53 in 3Q 2022)

Kamat Hotels (India) Limited to Report Q3, 2023 Results on Feb 14, 2023

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Kamat Hotels (India) Limited announced that it expects to receive INR 571.913358 million in funding

Investor sentiment improved over the past week

Second quarter 2023 earnings released: EPS: ₹1.00 (vs ₹2.90 loss in 2Q 2022)

Kamat Hotels (India) Limited to Report Q2, 2023 Results on Nov 12, 2022

Kamat Hotels (India) Limited, Annual General Meeting, Sep 28, 2022

Kamat Hotels (India) Limited, Annual General Meeting, Sep 28, 2022

Investor sentiment improved over the past week

First quarter 2023 earnings released: EPS: ₹4.91 (vs ₹6.08 loss in 1Q 2022)

Kamat Hotels (India) Limited to Report Q1, 2023 Results on Aug 12, 2022

Full year 2022 earnings released: ₹9.61 loss per share (vs ₹15.39 loss in FY 2021)

High number of new and inexperienced directors

Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

First quarter 2022 earnings released: ₹6.08 loss per share (vs ₹3.89 loss in 1Q 2021)

Full year 2021 earnings released: ₹15.39 loss per share (vs ₹10.51 profit in FY 2020)

Compliance Officer & Company Secretary has left the company

Kamat Hotels (India) Limited Announces Demise of Dinkar D. Jadhav, Non-Executive Independent Director

Third quarter 2021 earnings released: ₹3.99 loss per share (vs ₹3.06 profit in 3Q 2020)

Kamat Hotels (India) Limited Announces Appointment of Ruchita Shah as Company Secretary and Compliance Officer

Kamat Hotels (India) Limited to Report Q3, 2021 Results on Feb 08, 2021

Kamat Hotels (India) Limited Announces Resignation of Shruti Shrivastav as Company Secretary and Compliance Officer

New 90-day high: ₹40.65

New 90-day high: ₹35.80

Kamat Hotels (India) Limited to Report Q2, 2021 Results on Nov 11, 2020

Kamat Hotels (India) Limited Announces Management Changes

First quarter earnings released

Full year earnings released - EPS ₹10.50

Kamat Hotels (India) Limited to Report Q1, 2021 Results on Sep 14, 2020

Kamat Hotels (India) Limited to Report Q4, 2020 Results on Jul 24, 2020

CEO Compensation Analysis

CEO

Tenure

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age