M M Forgings Management
Management criteria checks 2/4
M M Forgings' CEO is Vidyashankar Krishnan, appointed in Feb 1999, has a tenure of 25.33 years. total yearly compensation is ₹100.06M, comprised of 31.8% salary and 68.2% bonuses, including company stock and options. directly owns 11.91% of the company’s shares, worth ₹3.44B. The average tenure of the management team and the board of directors is 4.7 years and 0.5 years respectively.
Key information
Vidyashankar Krishnan
Chief executive officer
₹100.1m
Total compensation
| CEO salary percentage | 31.8% |
| CEO tenure | 25.3yrs |
| CEO ownership | 11.9% |
| Management average tenure | 4.7yrs |
| Board average tenure | less than a year |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | ₹100m | ₹32m | ₹1b |
| Dec 31 2023 | n/a | n/a | ₹1b |
| Sep 30 2023 | n/a | n/a | ₹1b |
| Jun 30 2023 | n/a | n/a | ₹1b |
| Mar 31 2023 | ₹85m | ₹32m | ₹1b |
| Dec 31 2022 | n/a | n/a | ₹1b |
| Sep 30 2022 | n/a | n/a | ₹1b |
| Jun 30 2022 | n/a | n/a | ₹962m |
| Mar 31 2022 | ₹70m | ₹33m | ₹910m |
| Dec 31 2021 | n/a | n/a | ₹1b |
| Sep 30 2021 | n/a | n/a | ₹987m |
| Jun 30 2021 | n/a | n/a | ₹776m |
| Mar 31 2021 | ₹30m | ₹21m | ₹461m |
| Dec 31 2020 | n/a | n/a | ₹213m |
| Sep 30 2020 | n/a | n/a | ₹116m |
| Jun 30 2020 | n/a | n/a | ₹186m |
| Mar 31 2020 | ₹31m | ₹19m | ₹419m |
| Dec 31 2019 | n/a | n/a | ₹550m |
| Sep 30 2019 | n/a | n/a | ₹669m |
| Jun 30 2019 | n/a | n/a | ₹777m |
| Mar 31 2019 | ₹58m | ₹26m | ₹655m |
| Dec 31 2018 | n/a | n/a | ₹821m |
| Sep 30 2018 | n/a | n/a | ₹741m |
| Jun 30 2018 | n/a | n/a | ₹673m |
| Mar 31 2018 | ₹44m | ₹20m | ₹606m |
Compensation vs Market: Vidyashankar's total compensation ($USD1.20M) is above average for companies of similar size in the Indian market ($USD264.21K).
Compensation vs Earnings: Vidyashankar's compensation has been consistent with company performance over the past year.
CEO
Vidyashankar Krishnan (59 yo)
25.3yrs
Tenure
₹100,064,944
Compensation
Shri. Vidyashankar Krishnan serves as Chairman since April 1, 2024, Director since April 21, 1997 & Managing Director since February 24, 1999 at M M Forgings Limited and served as its Vice Chairman since O...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 25.3yrs | ₹100.06m | 11.91% ₹ 3.4b | |
| Joint MD & Executive Director | 25.3yrs | ₹100.05m | 10.71% ₹ 3.1b | |
| Chief Financial Officer | no data | ₹2.30m | 0.0099% ₹ 2.9m | |
| Company Secretary & Compliance Officer | 1.2yrs | ₹1.20m | no data | |
| Whole Time Director & Director of Operations | 2.2yrs | no data | no data | |
| General Manager of Human Resources | less than a year | no data | no data | |
| Whole Time Director & Director of Commercial | no data | no data | no data | |
| Head of Plant1 & Senior Manager | 7.3yrs | no data | no data | |
| Head of Purchase | no data | no data | no data |
4.7yrs
Average Tenure
56yo
Average Age
Experienced Management: 522241's management team is considered experienced (4.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 27.2yrs | ₹100.06m | 11.91% ₹ 3.4b | |
| Joint MD & Executive Director | 27.2yrs | ₹100.05m | 10.71% ₹ 3.1b | |
| Whole Time Director & Director of Operations | less than a year | no data | no data | |
| Whole Time Director & Director of Commercial | less than a year | no data | no data | |
| Non-Executive Non-Independent Director | 2.8yrs | ₹602.50k | 0.14% ₹ 39.3m | |
| Non-Executive Independent Director | 9.2yrs | ₹592.50k | no data | |
| Non-Executive Independent Director | less than a year | no data | no data | |
| Non-Executive Independent Director | less than a year | no data | no data | |
| Non-Executive Independent Director | less than a year | ₹10.00k | no data | |
| Non-Executive Independent Director | less than a year | ₹10.00k | no data |
0.5yrs
Average Tenure
55.5yo
Average Age
Experienced Board: 522241's board of directors are not considered experienced ( 0.5 years average tenure), which suggests a new board.