Ratnamani Metals & Tubes Management
Management criteria checks 2/4
Ratnamani Metals & Tubes' CEO is Prakash Sanghvi, appointed in Aug 2019, has a tenure of 4.67 years. total yearly compensation is ₹238.05M, comprised of 9.3% salary and 90.7% bonuses, including company stock and options. directly owns 22.56% of the company’s shares, worth ₹47.03B. The average tenure of the management team and the board of directors is 4.7 years and 9.4 years respectively.
Key information
Prakash Sanghvi
Chief executive officer
₹238.0m
Total compensation
| CEO salary percentage | 9.3% |
| CEO tenure | 4.7yrs |
| CEO ownership | 22.6% |
| Management average tenure | 4.7yrs |
| Board average tenure | 9.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | ₹6b |
| Sep 30 2023 | n/a | n/a | ₹6b |
| Jun 30 2023 | n/a | n/a | ₹6b |
| Mar 31 2023 | ₹238m | ₹22m | ₹5b |
| Dec 31 2022 | n/a | n/a | ₹4b |
| Sep 30 2022 | n/a | n/a | ₹4b |
| Jun 30 2022 | n/a | n/a | ₹4b |
| Mar 31 2022 | ₹172m | ₹20m | ₹3b |
| Dec 31 2021 | n/a | n/a | ₹3b |
| Sep 30 2021 | n/a | n/a | ₹3b |
| Jun 30 2021 | n/a | n/a | ₹3b |
| Mar 31 2021 | ₹155m | ₹18m | ₹3b |
| Dec 31 2020 | n/a | n/a | ₹2b |
| Sep 30 2020 | n/a | n/a | ₹3b |
| Jun 30 2020 | n/a | n/a | ₹3b |
| Mar 31 2020 | ₹174m | ₹17m | ₹3b |
| Dec 31 2019 | n/a | n/a | ₹3b |
| Sep 30 2019 | n/a | n/a | ₹3b |
| Jun 30 2019 | n/a | n/a | ₹3b |
| Mar 31 2019 | ₹143m | ₹16m | ₹3b |
| Mar 31 2018 | ₹102m | ₹15m | ₹2b |
Compensation vs Market: Prakash's total compensation ($USD2.85M) is above average for companies of similar size in the Indian market ($USD565.05K).
Compensation vs Earnings: Prakash's compensation has increased by more than 20% in the past year.
CEO
Prakash Sanghvi (67 yo)
4.7yrs
Tenure
₹238,047,000
Compensation
Mr. Prakash Mishrimal Sanghvi has been the Managing Director of Ratnamani Metals & Tubes Limited, since November 1, 2003. Mr. Sanghvi serves as the Chairman of the Board of Ratnamani Metals & Tubes Limited...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 4.7yrs | ₹238.05m | 22.56% ₹ 47.0b | |
| Joint MD & Executive Director | 4.7yrs | ₹162.76m | 7.24% ₹ 15.1b | |
| Whole Time Director | no data | ₹135.42m | 3.25% ₹ 6.8b | |
| Senior VP of Finance & Accounts and CFO | no data | ₹10.53m | no data | |
| Technology Director | no data | no data | no data | |
| Company Secretary | 3.4yrs | no data | no data | |
| Executive of Marketing | no data | no data | 0.54% ₹ 1.1b | |
| Business Head of CS Pipes | 12.8yrs | no data | 0.82% ₹ 1.7b | |
| Senior Vice President of Manufacturing | no data | no data | no data |
4.7yrs
Average Tenure
65yo
Average Age
Experienced Management: 520111's management team is considered experienced (4.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 40.6yrs | ₹238.05m | 22.56% ₹ 47.0b | |
| Joint MD & Executive Director | 40.6yrs | ₹162.76m | 7.24% ₹ 15.1b | |
| Whole Time Director | 35.5yrs | ₹135.42m | 3.25% ₹ 6.8b | |
| Independent Non-Executive Director | 1.2yrs | ₹30.00k | no data | |
| Independent Non-Executive Woman Director | 9.4yrs | ₹1.40m | 0.0031% ₹ 6.4m | |
| Independent Non-Executive Director | 1.2yrs | no data | no data | |
| Independent Non-Executive Director | 1.2yrs | no data | no data |
9.4yrs
Average Tenure
59yo
Average Age
Experienced Board: 520111's board of directors are considered experienced (9.4 years average tenure).