GRM Overseas Management
Management criteria checks 3/4
GRM Overseas' CEO is Atul Garg, appointed in May 2019, has a tenure of 5.58 years. total yearly compensation is ₹16.80M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 24.07% of the company’s shares, worth ₹2.81B. The average tenure of the management team and the board of directors is 3.3 years and 6.3 years respectively.
Key information
Atul Garg
Chief executive officer
₹16.8m
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 5.6yrs |
| CEO ownership | 24.1% |
| Management average tenure | 3.3yrs |
| Board average tenure | 6.3yrs |
Recent management updates
Recent updates
GRM Overseas Limited's (NSE:GRMOVER) Share Price Boosted 27% But Its Business Prospects Need A Lift Too
Aug 19
GRM Overseas Limited's (NSE:GRMOVER) Share Price Boosted 26% But Its Business Prospects Need A Lift Too
Jun 19GRM Overseas Limited (NSE:GRMOVER) Surges 25% Yet Its Low P/E Is No Reason For Excitement
May 01Investors Aren't Buying GRM Overseas Limited's (NSE:GRMOVER) Earnings
Mar 08Why Investors Shouldn't Be Surprised By GRM Overseas Limited's (NSE:GRMOVER) P/E
Dec 26GRM Overseas' (NSE:GRMOVER) Shareholders May Want To Dig Deeper Than Statutory Profit
Nov 22CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | ₹629m |
| Jun 30 2024 | n/a | n/a | ₹613m |
| Mar 31 2024 | ₹17m | ₹17m | ₹598m |
| Dec 31 2023 | n/a | n/a | ₹506m |
| Sep 30 2023 | n/a | n/a | ₹548m |
| Jun 30 2023 | n/a | n/a | ₹620m |
| Mar 31 2023 | ₹17m | ₹17m | ₹627m |
| Dec 31 2022 | n/a | n/a | ₹660m |
| Sep 30 2022 | n/a | n/a | ₹730m |
| Jun 30 2022 | n/a | n/a | ₹845m |
| Mar 31 2022 | ₹17m | ₹17m | ₹838m |
| Dec 31 2021 | n/a | n/a | ₹880m |
| Sep 30 2021 | n/a | n/a | ₹672m |
| Jun 30 2021 | n/a | n/a | ₹575m |
| Mar 31 2021 | ₹17m | ₹17m | ₹452m |
| Dec 31 2020 | n/a | n/a | ₹484m |
| Sep 30 2020 | n/a | n/a | ₹472m |
| Jun 30 2020 | n/a | n/a | ₹362m |
| Mar 31 2020 | ₹13m | ₹13m | ₹317m |
Compensation vs Market: Atul's total compensation ($USD197.22K) is above average for companies of similar size in the Indian market ($USD42.29K).
Compensation vs Earnings: Atul's compensation has been consistent with company performance over the past year.
CEO
Atul Garg (46 yo)
5.6yrs
Tenure
₹16,800,000
Compensation
Mr. Atul Garg has been a Whole -Time Director at GRM Overseas Ltd. since February 14, 2011 and is its Managing Director since May 28, 2019 and was its Joint Managing Director since September 28, 2017 until...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Executive Chairman | 5.6yrs | ₹16.80m | 24.07% ₹ 2.8b | |
| Founder & Non-Executive Non Independent Director | no data | no data | 25.01% ₹ 2.9b | |
| Chief Financial Officer | 3.3yrs | ₹9.60m | no data | |
| Company Secretary & Compliance Officer | 1.3yrs | ₹556.61k | no data | |
| Whole-Time Executive Director | 5.3yrs | ₹9.60m | 23.21% ₹ 2.7b | |
| Senior Manager of Accounts | no data | no data | 0.000090% ₹ 10.5k | |
| Group Chief Marketing Officer | no data | no data | no data |
3.3yrs
Average Tenure
52yo
Average Age
Experienced Management: GRMOVER's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Executive Chairman | 13.8yrs | ₹16.80m | 24.07% ₹ 2.8b | |
| Founder & Non-Executive Non Independent Director | 29.9yrs | no data | 25.01% ₹ 2.9b | |
| Whole-Time Executive Director | 5.3yrs | ₹9.60m | 23.21% ₹ 2.7b | |
| Non-Executive Non-Independent Director | 6.3yrs | no data | 0.050% ₹ 5.8m | |
| Non-Executive Independent Director | 6.3yrs | no data | no data | |
| Non-Executive Independent Director | 6.3yrs | no data | no data | |
| Non Executive Independent Director | 3.3yrs | no data | no data | |
| Independent Non-Executive Director | 2.3yrs | no data | no data |
6.3yrs
Average Tenure
52yo
Average Age
Experienced Board: GRMOVER's board of directors are considered experienced (6.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 12:26 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
GRM Overseas Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Anil Burra | FirstCall Research |