Kanco Tea & Industries Management
Management criteria checks 2/4
Kanco Tea & Industries' CEO is Umang Kanoria, appointed in Aug 2022, has a tenure of 2.25 years. total yearly compensation is ₹2.40M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 9.11% of the company’s shares, worth ₹41.25M. The average tenure of the management team and the board of directors is 5.5 years and 2 years respectively.
Key information
Umang Kanoria
Chief executive officer
₹2.4m
Total compensation
CEO salary percentage | 100.0% |
CEO tenure | 2.3yrs |
CEO ownership | 9.1% |
Management average tenure | 5.5yrs |
Board average tenure | 2yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Sep 30 2024 | n/a | n/a | -₹69m |
Jun 30 2024 | n/a | n/a | -₹101m |
Mar 31 2024 | ₹2m | ₹2m | -₹88m |
Dec 31 2023 | n/a | n/a | -₹100m |
Sep 30 2023 | n/a | n/a | -₹103m |
Jun 30 2023 | n/a | n/a | ₹44m |
Mar 31 2023 | ₹2m | ₹2m | ₹87m |
Dec 31 2022 | n/a | n/a | -₹10m |
Sep 30 2022 | n/a | n/a | ₹81m |
Jun 30 2022 | n/a | n/a | ₹36m |
Mar 31 2022 | ₹75k | n/a | ₹38m |
Dec 31 2021 | n/a | n/a | ₹126m |
Sep 30 2021 | n/a | n/a | ₹73m |
Jun 30 2021 | n/a | n/a | ₹142m |
Mar 31 2021 | ₹60k | n/a | ₹106m |
Dec 31 2020 | n/a | n/a | ₹109m |
Sep 30 2020 | n/a | n/a | ₹106m |
Jun 30 2020 | n/a | n/a | -₹27m |
Mar 31 2020 | ₹60k | n/a | -₹12m |
Dec 31 2019 | n/a | n/a | ₹85m |
Sep 30 2019 | n/a | n/a | ₹60m |
Jun 30 2019 | n/a | n/a | ₹80m |
Mar 31 2019 | ₹60k | n/a | ₹36m |
Mar 31 2018 | ₹105k | n/a | ₹3m |
Compensation vs Market: Umang's total compensation ($USD28.42K) is below average for companies of similar size in the Indian market ($USD42.63K).
Compensation vs Earnings: Umang's compensation has increased whilst the company is unprofitable.
CEO
Umang Kanoria (65 yo)
2.3yrs
Tenure
₹2,400,000
Compensation
Mr. Umang Kanoria is Non-Executive Independent Director of PCBL Chemical Limited from October 9, 2024. Mr. Kanoria has been an Executive Chairperson and Managing Director of Kanco Tea & Industries Limited...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Executive Chairperson & Managing Director | 2.3yrs | ₹2.40m | 9.11% ₹ 41.3m | |
Chief Financial Officer | no data | ₹3.19m | 0.0020% ₹ 9.0k | |
Vice President of Operations | no data | ₹2.00m | 5.6% ₹ 25.3m | |
Compliance Officer & Company Secretary | 8.8yrs | ₹2.02m | no data | |
Wholetime Director | 2.3yrs | ₹6.44m | 10.73% ₹ 48.6m | |
Executive | no data | ₹1.16m | no data | |
Manager Accounts | 15.6yrs | no data | 0.0030% ₹ 13.6k |
5.5yrs
Average Tenure
54yo
Average Age
Experienced Management: 541005's management team is seasoned and experienced (5.5 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Executive Chairperson & Managing Director | 11.2yrs | ₹2.40m | 9.11% ₹ 41.3m | |
Wholetime Director | 15.3yrs | ₹6.44m | 10.73% ₹ 48.6m | |
Non Executive Independent Director | 2.5yrs | ₹100.00k | no data | |
Non-Executive Independent Director | 1.6yrs | ₹100.00k | no data | |
Non-Executive-Non Independent Director | 1.5yrs | ₹75.00k | no data | |
Independent Director | less than a year | no data | no data |
2.0yrs
Average Tenure
65.5yo
Average Age
Experienced Board: 541005's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.