Kirloskar Ferrous Industries Limited

BSE:500245 Stock Report

Market Cap: ₹102.8b

Kirloskar Ferrous Industries Management

Management criteria checks 2/4

Kirloskar Ferrous Industries' CEO is Ravindranath Gumaste, appointed in Nov 2001, has a tenure of 22.33 years. total yearly compensation is ₹112.55M, comprised of 12.9% salary and 87.1% bonuses, including company stock and options. directly owns 0.5% of the company’s shares, worth ₹519.16M. The average tenure of the management team and the board of directors is 7.8 years and 2.4 years respectively.

Key information

Ravindranath Gumaste

Chief executive officer

₹112.6m

Total compensation

CEO salary percentage12.9%
CEO tenure23yrs
CEO ownership0.5%
Management average tenure7.8yrs
Board average tenure2.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ravindranath Gumaste's remuneration changed compared to Kirloskar Ferrous Industries's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹3b

Jun 30 2024n/an/a

₹2b

Mar 31 2024₹113m₹15m

₹3b

Dec 31 2023n/an/a

₹3b

Sep 30 2023n/an/a

₹3b

Jun 30 2023n/an/a

₹4b

Mar 31 2023₹175m₹13m

₹4b

Dec 31 2022n/an/a

₹4b

Sep 30 2022n/an/a

₹3b

Jun 30 2022n/an/a

₹3b

Mar 31 2022₹151m₹12m

₹3b

Dec 31 2021n/an/a

₹5b

Sep 30 2021n/an/a

₹5b

Jun 30 2021n/an/a

₹5b

Mar 31 2021₹96m₹11m

₹3b

Dec 31 2020n/an/a

₹2b

Sep 30 2020n/an/a

₹1b

Jun 30 2020n/an/a

₹769m

Mar 31 2020₹57m₹11m

₹1b

Dec 31 2019n/an/a

₹810m

Sep 30 2019n/an/a

₹921m

Jun 30 2019n/an/a

₹1b

Mar 31 2019₹59m₹10m

₹981m

Dec 31 2018n/an/a

₹869m

Sep 30 2018n/an/a

₹634m

Jun 30 2018n/an/a

₹472m

Mar 31 2018₹28m₹9m

₹380m

Compensation vs Market: Ravindranath's total compensation ($USD1.33M) is above average for companies of similar size in the Indian market ($USD485.24K).

Compensation vs Earnings: Ravindranath's compensation has been consistent with company performance over the past year.


CEO

Ravindranath Gumaste (66 yo)

23yrs

Tenure

₹112,550,147

Compensation

Mr. Ravindranath Venkatesh Gumaste, B.Tech (Met.), serves as Vice Chairman and Additional Non-Executive & Non-Independent Director at ISMT Limited since March 10, 2022. He has been the Managing Director of...


Leadership Team

NamePositionTenureCompensationOwnership
Ravindranath Gumaste
MD & Executive Director23yrs₹112.55m0.50%
₹ 519.2m
Ramesh Cherukuru
President & Plant Headno data₹17.32m0.045%
₹ 46.0m
Raviprakasha Srivatsan
CFO, Executive Director of Finance & Executive Director10.6yrs₹47.53m0.091%
₹ 93.8m
Nishikant Ektare
Executive Director of Operations & Wholetime Directorless than a year₹57.33mno data
Narayana Paliki
Executive Vice President of HR & Gen.no data₹16.44m0.042%
₹ 43.4m
Inturi Chandrasekhar
Executive Vice President of R&Dno data₹10.95m0.045%
₹ 46.4m
Mangote Nagaraj
Executive Vice President of PIPno data₹11.00m0.048%
₹ 49.7m
Kishore Bharambe
President of Tube operationsno data₹14.54mno data
Pradeep Madulkar
Vice President of Foundryno data₹15.83m0.017%
₹ 17.4m
Mayuresh Gharpure
Company Secretary & Compliance Officer4.9yrs₹2.10mno data
P. Manojkumar
Vice Presidentno data₹8.69mno data
K. Chandrashekarachari
A.V.Pno datano data0.017%
₹ 17.4m

7.8yrs

Average Tenure

57yo

Average Age

Experienced Management: 500245's management team is seasoned and experienced (7.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ravindranath Gumaste
MD & Executive Director22.3yrs₹112.55m0.50%
₹ 519.2m
Raviprakasha Srivatsan
CFO, Executive Director of Finance & Executive Director2.5yrs₹47.53m0.091%
₹ 93.8m
Nishikant Ektare
Executive Director of Operations & Wholetime Directorless than a year₹57.33mno data
Rahul Kirloskar
Chairman11.1yrs₹3.25m0.87%
₹ 891.2m
Pravir Vohra
Independent Non Executive Director2.3yrs₹2.60mno data
Mahesh Chhabria
Non Independent Non Executive Director7yrs₹4.20mno data
Vijaydipak Varma
Independent Non–Executive Director4.7yrs₹2.80m0.0024%
₹ 2.4m
Shalini Sarin
Additional Independent Director1.5yrs₹1.55mno data
Venkataramani Moorthy
Independent Non Executive Director3.1yrs₹3.55mno data
Pattanasetty Rajashekhar
Independent Directorless than a yearno datano data
Maruthuvakudi Srinivasan
Independent Directorless than a yearno datano data
Sourirajan Rajagopalan
Independent Directorless than a yearno datano data

2.4yrs

Average Tenure

63yo

Average Age

Experienced Board: 500245's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.