Garware Hi-Tech Films Limited

BSE:500655 Stock Report

Market Cap: ₹81.0b

Garware Hi-Tech Films Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Shashikant Garware

Chief executive officer

₹81.5m

Total compensation

CEO salary percentage90.2%
CEO tenure67.6yrs
CEO ownership43.2%
Management average tenure2yrs
Board average tenure3.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Shashikant Garware's remuneration changed compared to Garware Hi-Tech Films's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹3b

Jun 30 2024n/an/a

₹2b

Mar 31 2024₹82m₹73m

₹2b

Dec 31 2023n/an/a

₹2b

Sep 30 2023n/an/a

₹2b

Jun 30 2023n/an/a

₹2b

Mar 31 2023₹72m₹67m

₹2b

Dec 31 2022n/an/a

₹2b

Sep 30 2022n/an/a

₹2b

Jun 30 2022n/an/a

₹2b

Mar 31 2022₹88m₹62m

₹2b

Dec 31 2021n/an/a

₹2b

Sep 30 2021n/an/a

₹2b

Jun 30 2021n/an/a

₹1b

Mar 31 2021₹74m₹38m

₹1b

Dec 31 2020n/an/a

₹1b

Sep 30 2020n/an/a

₹838m

Jun 30 2020n/an/a

₹728m

Mar 31 2020₹57m₹51m

₹860m

Dec 31 2019n/an/a

₹820m

Sep 30 2019n/an/a

₹851m

Jun 30 2019n/an/a

₹834m

Mar 31 2019₹50m₹46m

₹817m

Mar 31 2018₹41m₹41m

₹331m

Compensation vs Market: Shashikant's total compensation ($USD944.82K) is above average for companies of similar size in the Indian market ($USD355.81K).

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

CEO

Shashikant Garware (90 yo)

67.6yrs

Tenure

₹81,513,000

Compensation

Dr. Shashikant Bhalchandra Garware serves as the Chairman and Managing Director of Garware Hi-Tech Films Limited (formerly known as Garware Polyester Limited) and serves its Executive Director since June 6...

Leadership Team

NamePositionTenureCompensationOwnership
Shashikant Garware
Chairman & MDno data₹81.51m43.18%
₹ 35.0b
Monika Rajiv Modi
Vice Chairperson & Joint MD35.8yrs₹78.51m3.62%
₹ 2.9b
Sarita Ramsay
Joint MD & Director2.7yrs₹61.49m3.62%
₹ 2.9b
Mohan Adsul
WholeTime Director & Director of Technical1.4yrs₹15.22m0.000020%
₹ 16.2k
Awaneesh Srivastava
VP of Legal5.4yrs₹9.54mno data
Abhishek Agarwal
Chief Financial Officerless than a yearno datano data
Sunil Wadikar
President of Corporate Affairs & Financeno datano datano data
A. Venkataraman
Senior President of Corporate Affairs & Financeless than a yearno datano data

2.0yrs

Average Tenure

65yo

Average Age

Experienced Management: 500655's management team is considered experienced (2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Shashikant Garware
Chairman & MD67.6yrs₹81.51m43.18%
₹ 35.0b
Monika Rajiv Modi
Vice Chairperson & Joint MD35.8yrs₹78.51m3.62%
₹ 2.9b
Sarita Ramsay
Joint MD & Director2.7yrs₹61.49m3.62%
₹ 2.9b
Mohan Adsul
WholeTime Director & Director of Technical1.4yrs₹15.22m0.000020%
₹ 16.2k
Sonia Garware
Non-Executive & Non-Independent Director18yrs₹100.00k1.16%
₹ 939.5m
Mahesh Agarwal
Independent Non-Executive Director15.8yrs₹282.50kno data
Vivekanand Kamath
Independent Non-Executive Director6.4yrs₹192.50kno data
Devanshi Nanavati
Independent Woman Director4.6yrs₹120.00kno data
Chirag Doshi
Non-Executive & Independent Directorless than a yearno datano data
Manoj Sonawala
Independent Non Executive Directorless than a yearno datano data
Deepak Chawla
Independent Non Executive Directorless than a yearno datano data
Nayan Rawal
Independent Non Executive Directorless than a yearno datano data

3.6yrs

Average Tenure

61yo

Average Age

Experienced Board: 500655's board of directors are considered experienced (3.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/27 19:11
End of Day Share Price 2025/01/27 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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

Garware Hi-Tech Films Limited is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullCNI Research Limited
Kameswari V. S. ChavaliFirstCall Research