Krishanveer Forge Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Nitin Rajore

Chief executive officer

₹5.2m

Total compensation

CEO salary percentage	95.3%
CEO tenure	7.4yrs
CEO ownership	n/a
Management average tenure	1.4yrs
Board average tenure	7.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Nitin Rajore's remuneration changed compared to Krishanveer Forge's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	₹46m
Sep 30 2023	n/a	n/a	₹29m
Jun 30 2023	n/a	n/a	₹32m
Mar 31 2023	₹5m	₹5m	₹16m
Dec 31 2022	n/a	n/a	₹15m
Sep 30 2022	n/a	n/a	₹27m
Jun 30 2022	n/a	n/a	₹24m
Mar 31 2022	₹5m	₹4m	₹38m
Dec 31 2021	n/a	n/a	₹30m
Sep 30 2021	n/a	n/a	₹28m
Jun 30 2021	n/a	n/a	₹36m
Mar 31 2021	₹4m	₹4m	₹36m
Dec 31 2020	n/a	n/a	₹33m
Sep 30 2020	n/a	n/a	₹37m
Jun 30 2020	n/a	n/a	₹39m
Mar 31 2020	₹4m	₹4m	₹46m
Dec 31 2019	n/a	n/a	₹44m
Sep 30 2019	n/a	n/a	₹37m
Jun 30 2019	n/a	n/a	₹31m
Mar 31 2019	₹4m	₹3m	₹21m
Dec 31 2018	n/a	n/a	₹20m
Sep 30 2018	n/a	n/a	₹18m
Jun 30 2018	n/a	n/a	₹6m
Mar 31 2018	₹3m	₹3m	₹4m

Compensation vs Market: Nitin's total compensation ($USD61.84K) is above average for companies of similar size in the Indian market ($USD39.30K).

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

CEO

Nitin Rajore (62 yo)

7.4yrs

Tenure

₹5,162,000

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

Name	Position	Tenure	Compensation	Ownership
Nitin Rajore	Whole-Time Director	7.4yrs	₹5.16m	no data
Viralkumar Shah	Chief Financial Officer	1.4yrs	₹110.00k	no data
Shilpa Soni	Company Secretary & Legal Compliance Officer	less than a year	no data	no data

1.4yrs

Average Tenure

Experienced Management: 513369's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Nitin Rajore	Whole-Time Director	7.4yrs	₹5.16m	no data
Arun Jindal	Chairman	4.3yrs	₹360.00k	6.64% ₹ 82.3m
Ratanlal Goel	Non-Executive Independent Director	7.4yrs	₹360.00k	no data
Sudha Santhanam	Non-Executive Independent Director	7yrs	₹360.00k	no data

7.2yrs

Average Tenure

62.5yo

Average Age

Experienced Board: 513369's board of directors are considered experienced (7.2 years average tenure).

Krishanveer Forge Management

Management criteria checks 2/4

Key information

Recent management updates

Krishanveer Forge Limited, Annual General Meeting, Sep 15, 2023

Insufficient new directors

Krishanveer Forge Limited Announces CFO Changes

Krishanveer Forge Limited Appoints CS Harshal Jagdish Kher, as Company Secretary and Compliance Officer

Rajkumar Forge Limited, Annual General Meeting, Aug 19, 2022

Rajkumar Forge Limited Appoints Satish Chandrashekhar Kadrolli, as Company Secretary and Compliance Officer

Recent updates

Investor sentiment improves as stock rises 19%

New major risk - Market cap size

Third quarter 2024 earnings released: EPS: ₹1.35 (vs ₹0.16 loss in 3Q 2023)

Krishanveer Forge Limited to Report Q3, 2024 Results on Feb 09, 2024

Investor sentiment improves as stock rises 24%

Now 22% undervalued

Investor sentiment improves as stock rises 25%

Investor sentiment deteriorates as stock falls 16%

New major risk - Revenue and earnings growth

Krishanveer Forge Limited, Annual General Meeting, Sep 15, 2023

Krishanveer Forge Limited to Report Q1, 2024 Results on Aug 11, 2023

Investor sentiment improves as stock rises 17%

Investor sentiment improves as stock rises 15%

Now 21% undervalued

Investor sentiment improves as stock rises 19%

Full year 2023 earnings released: EPS: ₹1.50 (vs ₹3.43 in FY 2022)

Krishanveer Forge Limited to Report Q4, 2023 Results on May 19, 2023

Insufficient new directors

Third quarter 2023 earnings released: ₹0.16 loss per share (vs ₹0.98 profit in 3Q 2022)

Krishanveer Forge Limited to Report Q3, 2023 Results on Feb 11, 2023

Investor sentiment improved over the past week

Second quarter 2023 earnings released: EPS: ₹0.59 (vs ₹0.32 in 2Q 2022)

Second quarter 2023 earnings released: EPS: ₹0.59 (vs ₹0.32 in 2Q 2022)

Krishanveer Forge Limited Announces CFO Changes

Krishanveer Forge Limited to Report Q2, 2023 Results on Nov 11, 2022

Krishanveer Forge Limited Appoints CS Harshal Jagdish Kher, as Company Secretary and Compliance Officer

Full year 2022 earnings released: EPS: ₹3.43 (vs ₹3.27 in FY 2021)

Rajkumar Forge Limited, Annual General Meeting, Aug 19, 2022

Full year 2022 earnings released: EPS: ₹3.43 (vs ₹3.27 in FY 2021)

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Investor sentiment improved over the past week

Full year 2021 earnings released: EPS ₹3.27 (vs ₹4.18 in FY 2020)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

New 90-day high: ₹43.15

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS ₹0.73 (vs ₹1.13 in 3Q 2020)

New 90-day high: ₹36.00

Rajkumar Forge Limited to Report Q3, 2021 Results on Feb 06, 2021

Investor sentiment improved over the past week

New 90-day high: ₹33.10

New 90-day high: ₹31.25

Market bids up stock over the past week

Market bids up stock over the past week

Rajkumar Forge Limited Appoints Satish Chandrashekhar Kadrolli, as Company Secretary and Compliance Officer

Second quarter 2021 earnings released: EPS ₹1.10

Rajkumar Forge Limited Announces Resignation of Shruti Patil as Company Secretary & Compliance Officer

Rajkumar Forge Limited Announces Temporary Suspension of Operations of Pune Office Due to Pandemic of Novel Coronavirus

Rajkumar Forge Limited to Report Q4, 2020 Results on Jun 27, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age