Krishanveer Forge Limited

BSE:513369 Stock Report

Market Cap: ₹1.1b

Krishanveer Forge Management

Management criteria checks 3/4

Krishanveer Forge's CEO is Nitin Rajore, appointed in Dec 2016, has a tenure of 8.17 years. total yearly compensation is ₹5.40M, comprised of 95.6% salary and 4.4% bonuses, including company stock and options. directly owns 0.69% of the company’s shares, worth ₹7.38M. The average tenure of the management team and the board of directors is 2.2 years and 8 years respectively.

Key information

Nitin Rajore

Chief executive officer

₹5.4m

Total compensation

CEO salary percentage95.6%
CEO tenure8.2yrs
CEO ownership0.7%
Management average tenure2.2yrs
Board average tenure8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Nitin Rajore's remuneration changed compared to Krishanveer Forge's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹55m

Jun 30 2024n/an/a

₹46m

Mar 31 2024₹5m₹5m

₹40m

Dec 31 2023n/an/a

₹46m

Sep 30 2023n/an/a

₹29m

Jun 30 2023n/an/a

₹32m

Mar 31 2023₹5m₹5m

₹16m

Dec 31 2022n/an/a

₹15m

Sep 30 2022n/an/a

₹27m

Jun 30 2022n/an/a

₹24m

Mar 31 2022₹5m₹4m

₹38m

Dec 31 2021n/an/a

₹30m

Sep 30 2021n/an/a

₹28m

Jun 30 2021n/an/a

₹36m

Mar 31 2021₹4m₹4m

₹36m

Dec 31 2020n/an/a

₹33m

Sep 30 2020n/an/a

₹37m

Jun 30 2020n/an/a

₹39m

Mar 31 2020₹4m₹4m

₹46m

Dec 31 2019n/an/a

₹44m

Sep 30 2019n/an/a

₹37m

Jun 30 2019n/an/a

₹31m

Mar 31 2019₹4m₹3m

₹21m

Dec 31 2018n/an/a

₹20m

Sep 30 2018n/an/a

₹18m

Jun 30 2018n/an/a

₹6m

Mar 31 2018₹3m₹3m

₹4m

Compensation vs Market: Nitin's total compensation ($USD62.28K) is above average for companies of similar size in the Indian market ($USD41.54K).

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

CEO

Nitin Rajore (63 yo)

8.2yrs

Tenure

₹5,397,000

Compensation

Mr. Nitin Shyam Rajore serves as the Chief Operating Officer - Kran Rader at Western India Forgings Pvt. Ltd. Mr. Rajore has been an Whole-Time Director of Krishanveer Forge Limited (formerly known as Rajk...

Leadership Team

NamePositionTenureCompensationOwnership
Nitin Rajore
Whole-Time Director8.2yrs₹5.40m0.69%
₹ 7.4m
Viralkumar Shah
Chief Financial Officer2.2yrs₹360.00kno data
Mahendra Samdole
Company Secretary and Compliance Officerless than a yearno datano data

2.2yrs

Average Tenure

Experienced Management: 513369's management team is considered experienced (2.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Nitin Rajore
Whole-Time Director8.2yrs₹5.40m0.69%
₹ 7.4m
Arun Jindal
Chairman5yrs₹360.00k6.64%
₹ 71.0m
Ratanlal Goel
Non-Executive Independent Director8.2yrs₹360.00kno data
Sudha Santhanam
Non-Executive Independent Director7.8yrs₹360.00kno data

8.0yrs

Average Tenure

63.5yo

Average Age

Experienced Board: 513369's board of directors are considered experienced (8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/02 18:27
End of Day Share Price 2025/02/01 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

Krishanveer Forge Limited is covered by 0 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.

AnalystInstitution