Gretex Services Management
Management criteria checks 2/4
Gretex Services' CEO is Alok Harlalka, appointed in Apr 2021, has a tenure of 15.58 years. total yearly compensation is ₹1.74M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 2.93% of the company’s shares, worth ₹182.58M. The average tenure of the management team and the board of directors is 0.7 years and 1.4 years respectively.
Key information
Alok Harlalka
Chief executive officer
₹1.7m
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 3yrs |
| CEO ownership | 2.9% |
| Management average tenure | less than a year |
| Board average tenure | 1.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | ₹286m |
| Dec 31 2023 | n/a | n/a | ₹362m |
| Sep 30 2023 | n/a | n/a | ₹174m |
| Jun 30 2023 | n/a | n/a | ₹175m |
| Mar 31 2023 | ₹2m | ₹2m | ₹176m |
| Dec 31 2022 | n/a | n/a | ₹42m |
| Sep 30 2022 | n/a | n/a | ₹32m |
| Jun 30 2022 | n/a | n/a | ₹24m |
| Mar 31 2022 | ₹2m | ₹2m | ₹36m |
| Mar 31 2021 | ₹2m | ₹2m | ₹7m |
| Mar 31 2020 | ₹2m | n/a | -₹12m |
| Mar 31 2019 | ₹1m | n/a | ₹2m |
Compensation vs Market: Alok's total compensation ($USD20.89K) is below average for companies of similar size in the Indian market ($USD39.36K).
Compensation vs Earnings: Alok's compensation has been consistent with company performance over the past year.
CEO
Alok Harlalka (45 yo)
3yrs
Tenure
₹1,740,000
Compensation
Mr. Alok Harlalka has been the Joint Managing Director of Gretex Share Broking Private Limited since August 08, 2023 and has been its Director since May 8, 2010 and serves as its Chairman. He is Non-Indepe...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CFO & Executive Director | 3yrs | ₹1.74m | 2.93% ₹ 182.6m | |
| Company Secretary & Compliance Officer | less than a year | no data | no data | |
| Marketing Manager | no data | no data | no data | |
| Whole-Time Director | less than a year | no data | 0.50% ₹ 31.3m | |
| Finance Manager | no data | no data | no data |
0.7yrs
Average Tenure
Experienced Management: 543324's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CFO & Executive Director | 15.6yrs | ₹1.74m | 2.93% ₹ 182.6m | |
| Whole-Time Director | less than a year | no data | 0.50% ₹ 31.3m | |
| Non Executive Director | 15.6yrs | ₹600.00k | 2.65% ₹ 164.6m | |
| Additional Non-Executive & Independent Director | 1.9yrs | no data | no data | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | less than a year | no data | no data |
1.4yrs
Average Tenure
46yo
Average Age
Experienced Board: 543324's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.