Ratnamani Metals & Tubes Limited

BSE:520111 Stock Report

Market Cap: ₹259.0b

Ratnamani Metals & Tubes Management

Management criteria checks 2/4

Ratnamani Metals & Tubes' CEO is Prakash Sanghvi, appointed in Aug 2019, has a tenure of 5.25 years. total yearly compensation is ₹247.81M, comprised of 9.2% salary and 90.8% bonuses, including company stock and options. directly owns 22.86% of the company’s shares, worth ₹59.21B. The average tenure of the management team and the board of directors is 5.3 years and 1.8 years respectively.

Key information

Prakash Sanghvi

Chief executive officer

₹247.8m

Total compensation

CEO salary percentage9.2%
CEO tenure5.3yrs
CEO ownership22.9%
Management average tenure5.3yrs
Board average tenure1.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Prakash Sanghvi's remuneration changed compared to Ratnamani Metals & Tubes's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

₹6b

Mar 31 2024₹248m₹23m

₹6b

Dec 31 2023n/an/a

₹6b

Sep 30 2023n/an/a

₹6b

Jun 30 2023n/an/a

₹6b

Mar 31 2023₹238m₹22m

₹5b

Dec 31 2022n/an/a

₹4b

Sep 30 2022n/an/a

₹4b

Jun 30 2022n/an/a

₹4b

Mar 31 2022₹172m₹20m

₹3b

Dec 31 2021n/an/a

₹3b

Sep 30 2021n/an/a

₹3b

Jun 30 2021n/an/a

₹3b

Mar 31 2021₹155m₹18m

₹3b

Dec 31 2020n/an/a

₹2b

Sep 30 2020n/an/a

₹3b

Jun 30 2020n/an/a

₹3b

Mar 31 2020₹174m₹17m

₹3b

Dec 31 2019n/an/a

₹3b

Sep 30 2019n/an/a

₹3b

Jun 30 2019n/an/a

₹3b

Mar 31 2019₹143m₹16m

₹3b

Mar 31 2018₹102m₹15m

₹2b

Compensation vs Market: Prakash's total compensation ($USD2.95M) is above average for companies of similar size in the Indian market ($USD589.84K).

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

CEO

Prakash Sanghvi (68 yo)

5.3yrs

Tenure

₹247,812,000

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

NamePositionTenureCompensationOwnership
Prakash Sanghvi
Chairman & MD5.3yrs₹247.81m22.86%
₹ 59.2b
Jayantilal Sanghvi
Joint MD & Executive Director5.3yrs₹169.37m7.24%
₹ 18.8b
Shantilal Sanghvi
Whole Time Directorno data₹141.38m3.55%
₹ 9.2b
Vimal Katta
Senior VP of Finance & Accounts and CFOno data₹10.53mno data
Arun Vora
Technology Directorno datano datano data
Anil Maloo
Company Secretary4yrsno datano data
Jigar Sanghvi
Executive of Marketingno datano data0.54%
₹ 1.4b
Manoj Sanghvi
Whole Time Director & CEO13.4yrsno data0.82%
₹ 2.1b
Prashant Sanghvi
Whole Time Director & Business Head of L.S.A.W.less than a yearno data0.64%
₹ 1.7b
Rajnikant Patel
Senior Vice President of Manufacturingno datano datano data

5.3yrs

Average Tenure

60yo

Average Age

Experienced Management: 520111's management team is seasoned and experienced (5.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Prakash Sanghvi
Chairman & MD41.2yrs₹247.81m22.86%
₹ 59.2b
Jayantilal Sanghvi
Joint MD & Executive Director41.2yrs₹169.37m7.24%
₹ 18.8b
Shantilal Sanghvi
Whole Time Director36.1yrs₹141.38m3.55%
₹ 9.2b
Manoj Sanghvi
Whole Time Director & CEOless than a yearno data0.82%
₹ 2.1b
Prashant Sanghvi
Whole Time Director & Business Head of L.S.A.W.less than a yearno data0.64%
₹ 1.7b
Sushil Solanki
Independent Non-Executive Director1.8yrs₹1.94mno data
Rajendra Shah
Independent Non-Executive Directorless than a yearno datano data
Dhinal Shah
Independent Non-Executive Director1.8yrs₹1.90mno data
Rajesh Desai
Independent Non-Executive Director1.8yrs₹1.70mno data
Sangeetha Chhajed
Independent Non-Executive Woman Directorless than a yearno datano data

1.8yrs

Average Tenure

58.5yo

Average Age

Experienced Board: 520111's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.