Maha Rashtra Apex Corporation Limited

BSE:523384 Stock Report

Market Cap: ₹2.3b

Maha Rashtra Apex Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Aspi Katgara

Chief executive officer

₹1.1m

Total compensation

CEO salary percentagen/a
CEO tenure6.9yrs
CEO ownershipn/a
Management average tenureno data
Board average tenure5.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Aspi Katgara's remuneration changed compared to Maha Rashtra Apex's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹3b

Jun 30 2024n/an/a

₹4b

Mar 31 2024₹1mn/a

₹3b

Dec 31 2023n/an/a

-₹1b

Sep 30 2023n/an/a

-₹417m

Jun 30 2023n/an/a

₹21m

Mar 31 2023₹607kn/a

-₹419m

Dec 31 2022n/an/a

₹27m

Sep 30 2022n/an/a

₹40m

Jun 30 2022n/an/a

₹24m

Mar 31 2022₹365kn/a

₹13m

Dec 31 2021n/an/a

₹25m

Sep 30 2021n/an/a

₹41m

Jun 30 2021n/an/a

₹332m

Mar 31 2021₹340kn/a

₹337m

Dec 31 2020n/an/a

₹309m

Sep 30 2020n/an/a

₹123m

Jun 30 2020n/an/a

₹106m

Mar 31 2020₹340k₹340k

₹137m

Dec 31 2019n/an/a

₹210m

Sep 30 2019n/an/a

₹374m

Jun 30 2019n/an/a

₹124m

Mar 31 2019₹320k₹320k

₹100m

Mar 31 2018₹341k₹94k

₹540m

Compensation vs Market: Aspi's total compensation ($USD12.73K) is below average for companies of similar size in the Indian market ($USD42.63K).

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


CEO

Aspi Katgara (71 yo)

6.9yrs

Tenure

₹1,075,000

Compensation

Mr. Aspi Nariman Katgara, M.Com, C.A., L.L.B, has been the Managing Director and Executive Director of Maha Rashtra Apex Corporation Limited since December 22, 2017. Mr. Katgara has many years of experienc...


Board Members

NamePositionTenureCompensationOwnership
Aspi Katgara
MD & Executive Director6.9yrs₹1.08mno data
Kudigrama Shetty
Non-Executive Non-Independent Chairman18.3yrs₹8.00kno data
Jyothi Bhadravathi
Independent Non-Executive Director9.7yrs₹8.00kno data
Nagarajan Sivaramakrishnan
Non-Executive Non-Independent Directorless than a yearno datano data
Yazdin Mistry
Non-Executive Non-Independent Director4.1yrsno datano data
Vidya More
Independent Non Executive Director2.7yrsno datano data

5.5yrs

Average Tenure

62yo

Average Age

Experienced Board: 523384's board of directors are considered experienced (5.5 years average tenure).