Ugar Sugar Works Management
Management criteria checks 2/4
Ugar Sugar Works' CEO is Niraj Shirgaokar, appointed in Apr 2011, has a tenure of 13.58 years. total yearly compensation is ₹101.23M, comprised of 7.4% salary and 92.6% bonuses, including company stock and options. directly owns 0.2% of the company’s shares, worth ₹16.40M. The average tenure of the management team and the board of directors is 3.8 years and 10.8 years respectively.
Key information
Niraj Shirgaokar
Chief executive officer
₹101.2m
Total compensation
| CEO salary percentage | 7.4% |
| CEO tenure | 13.6yrs |
| CEO ownership | 0.2% |
| Management average tenure | 3.8yrs |
| Board average tenure | 10.8yrs |
Recent management updates
Recent updates
Ugar Sugar Works (NSE:UGARSUGAR) Will Pay A Smaller Dividend Than Last Year
Jul 18
Why Ugar Sugar Works' (NSE:UGARSUGAR) Shaky Earnings Are Just The Beginning Of Its Problems
Jun 05The Trend Of High Returns At Ugar Sugar Works (NSE:UGARSUGAR) Has Us Very Interested
Mar 14Here's Why We Think Ugar Sugar Works (NSE:UGARSUGAR) Is Well Worth Watching
Feb 08We Think Ugar Sugar Works (NSE:UGARSUGAR) Can Stay On Top Of Its Debt
Dec 09Shareholders Would Enjoy A Repeat Of Ugar Sugar Works' (NSE:UGARSUGAR) Recent Growth In Returns
Oct 24Ugar Sugar Works (NSE:UGARSUGAR) Could Become A Multi-Bagger
Dec 17Is Now The Time To Put Ugar Sugar Works (NSE:UGARSUGAR) On Your Watchlist?
Oct 11Does Ugar Sugar Works (NSE:UGARSUGAR) Have A Healthy Balance Sheet?
Sep 07Ugar Sugar Works (NSE:UGARSUGAR) Will Pay A Larger Dividend Than Last Year At ₹0.25
Aug 22Is Ugar Sugar Works (NSE:UGARSUGAR) Using Too Much Debt?
May 26The Returns At Ugar Sugar Works (NSE:UGARSUGAR) Aren't Growing
Mar 24Ugar Sugar Works' (NSE:UGARSUGAR) Upcoming Dividend Will Be Larger Than Last Year's
Sep 01Ugar Sugar Works (NSE:UGARSUGAR) Will Pay A Larger Dividend Than Last Year At ₹0.20
Aug 14Ugar Sugar Works (NSE:UGARSUGAR) Has No Shortage Of Debt
Aug 05The Ugar Sugar Works Limited's (NSE:UGARSUGAR) Price Is Right But Growth Is Lacking After Shares Rocket 27%
Mar 04Should You Buy The Ugar Sugar Works Limited (NSE:UGARSUGAR) For Its Dividend?
Feb 09Should You Use Ugar Sugar Works's (NSE:UGARSUGAR) Statutory Earnings To Analyse It?
Jan 11Is Ugar Sugar Works (NSE:UGARSUGAR) Using Too Much Debt?
Dec 14
How Much is Ugar Sugar Works' (NSE:UGARSUGAR) CEO Getting Paid?
Nov 16Boasting A 58% Return On Equity, Is The Ugar Sugar Works Limited (NSE:UGARSUGAR) A Top Quality Stock?
Oct 13CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -₹84m |
| Jun 30 2024 | n/a | n/a | ₹185m |
| Mar 31 2024 | ₹101m | ₹7m | ₹211m |
| Dec 31 2023 | n/a | n/a | ₹690m |
| Sep 30 2023 | n/a | n/a | ₹685m |
| Jun 30 2023 | n/a | n/a | ₹882m |
| Mar 31 2023 | ₹39m | ₹7m | ₹1b |
| Dec 31 2022 | n/a | n/a | ₹526m |
| Sep 30 2022 | n/a | n/a | ₹583m |
| Jun 30 2022 | n/a | n/a | ₹659m |
| Mar 31 2022 | ₹23m | ₹7m | ₹433m |
| Dec 31 2021 | n/a | n/a | ₹501m |
| Sep 30 2021 | n/a | n/a | ₹205m |
| Jun 30 2021 | n/a | n/a | ₹125m |
| Mar 31 2021 | ₹20m | ₹7m | ₹171m |
| Dec 31 2020 | n/a | n/a | ₹353m |
| Sep 30 2020 | n/a | n/a | ₹392m |
| Jun 30 2020 | n/a | n/a | ₹378m |
| Mar 31 2020 | ₹14m | ₹7m | ₹138m |
| Dec 31 2019 | n/a | n/a | ₹167m |
| Sep 30 2019 | n/a | n/a | ₹7m |
| Jun 30 2019 | n/a | n/a | -₹131m |
| Mar 31 2019 | ₹11m | ₹8m | ₹43m |
| Dec 31 2018 | n/a | n/a | -₹403m |
| Sep 30 2018 | n/a | n/a | -₹471m |
| Jun 30 2018 | n/a | n/a | -₹629m |
| Mar 31 2018 | ₹9m | ₹6m | -₹682m |
Compensation vs Market: Niraj's total compensation ($USD1.20M) is above average for companies of similar size in the Indian market ($USD42.63K).
Compensation vs Earnings: Niraj's compensation has increased whilst the company is unprofitable.
CEO
Niraj Shirgaokar (52 yo)
13.6yrs
Tenure
₹101,226,000
Compensation
Mr. Niraj Shishir Shirgaokar, B.E. (Com. Engg.), has been Managing Director of Ugar Sugar Works Ltd. since April 1, 2011 and served as its Vice President and is responsible for overseeing the operation & a...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 13.6yrs | ₹101.23m | 0.20% ₹ 16.4m | |
| MD & Director | 13.6yrs | ₹155.63m | 0.65% ₹ 54.0m | |
| Executive Director | less than a year | ₹4.58m | 0.23% ₹ 19.1m | |
| CFO & Manager of Finance | 3.8yrs | ₹1.44m | 0.0015% ₹ 125.7k | |
| Company Secretary & Compliance Officer | less than a year | ₹452.00k | no data |
3.8yrs
Average Tenure
47yo
Average Age
Experienced Management: UGARSUGAR's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 13.6yrs | ₹101.23m | 0.20% ₹ 16.4m | |
| MD & Director | 13.6yrs | ₹155.63m | 0.65% ₹ 54.0m | |
| Executive Director | 10.8yrs | ₹4.58m | 0.23% ₹ 19.1m | |
| Chairman Emeritus | no data | ₹100.00k | 1.39% ₹ 115.0m | |
| Non-Executive Director | 30.3yrs | ₹5.28m | 0.73% ₹ 60.6m | |
| Chairman of the Board | 30.3yrs | ₹921.00k | 0.35% ₹ 29.0m | |
| Non Executive Independent Director | 24.4yrs | ₹379.00k | 0.062% ₹ 5.1m | |
| Non Executive Woman Director | 9.7yrs | ₹256.00k | 0.14% ₹ 11.2m | |
| Non Executive Director | 10.8yrs | ₹1.05m | 1.34% ₹ 110.4m | |
| Non Executive Independent Director | 9yrs | ₹324.00k | 0.043% ₹ 3.5m | |
| Non-Executive Independent Director | 5.3yrs | ₹243.00k | no data | |
| Non-Executive Woman Independent Director | 5.3yrs | ₹177.00k | 0.0052% ₹ 426.6k |
10.8yrs
Average Tenure
73.5yo
Average Age
Experienced Board: UGARSUGAR's board of directors are seasoned and experienced ( 10.8 years average tenure).