Foseco India Limited

BSE:500150 Stock Report

Market Cap: ₹28.3b

Foseco India Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Prasad Chavare

Chief executive officer

₹29.1m

Total compensation

CEO salary percentage95.2%
CEO tenure3.5yrs
CEO ownershipn/a
Management average tenure3.8yrs
Board average tenure4.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Prasad Chavare's remuneration changed compared to Foseco India's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹698m

Jun 30 2024n/an/a

₹654m

Mar 31 2024n/an/a

₹746m

Dec 31 2023₹29m₹28m

₹730m

Sep 30 2023n/an/a

₹689m

Jun 30 2023n/an/a

₹651m

Mar 31 2023n/an/a

₹480m

Dec 31 2022₹24mn/a

₹460m

Sep 30 2022n/an/a

₹418m

Jun 30 2022n/an/a

₹399m

Mar 31 2022n/an/a

₹356m

Dec 31 2021₹10mn/a

₹327m

Compensation vs Market: Prasad's total compensation ($USD344.29K) is about average for companies of similar size in the Indian market ($USD273.76K).

Compensation vs Earnings: Prasad's compensation has increased by more than 20% in the past year.

CEO

Prasad Chavare (49 yo)

3.5yrs

Tenure

₹29,066,000

Compensation

Mr. Prasad Madhukar Chavare serves as Managing Director, Chief Executive Officer & Executive Non-Independent Director at Foseco India Limited since May 6, 2021. Mr. Chavare has a rich and extensive experie...

Leadership Team

NamePositionTenureCompensationOwnership
Prasad Chavare
MD, CEO & Executive Non-Independent Director3.5yrs₹29.07mno data
Mohit Mangal
Chief Financial Officer3.8yrs₹15.55mno data
Vineet Thakar
Sales, Marketing & Technology Directorno data₹18.14mno data
Mahendra Dutia
Compliance Officer11.8yrs₹3.35mno data
Shrikant Bhat
Head of Non-Ferrous Foundryno data₹5.44mno data
Ajeet Patwardhan
Head of Commercialno data₹5.13mno data
Sandip Patel
Head of Indirect Channelno data₹4.84mno data
Daljit Banga
Operations Director - Foundry India & Aseanno data₹11.45mno data
Ujjal Bhattacharjee
Human Resources Director of India & Aseanno data₹11.48mno data
Archis Patankar
Head Marketing & Technology - Ferrousno data₹6.55mno data
K. Arulraj
Manager of Strategic Initiativesno data₹5.84mno data

3.8yrs

Average Tenure

50yo

Average Age

Experienced Management: 500150's management team is considered experienced (3.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Prasad Chavare
MD, CEO & Executive Non-Independent Director3.5yrs₹29.07mno data
Amitabha Mukhopadhyay
Non-Executive Independent Director3.3yrs₹1.39mno data
Ravi Kirpalani
Non-Executive Independent Chairperson6.1yrs₹1.46mno data
Anita Belani
Non-Executive Independent Director5.4yrs₹1.39mno data
Karena Cancilleri
Non-Executive Non-Independent Director5.1yrsno datano data
Mark Collis
Non-Executive Non-Independent Additional Director1.8yrsno datano data

4.3yrs

Average Tenure

58.5yo

Average Age

Experienced Board: 500150's board of directors are considered experienced (4.3 years average tenure).