Shetron Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Kartik Nayak

Chief executive officer

₹6.4m

Total compensation

CEO salary percentage	94.3%
CEO tenure	15.7yrs
CEO ownership	n/a
Management average tenure	8.3yrs
Board average tenure	5.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Kartik Nayak's remuneration changed compared to Shetron's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	₹68m
Sep 30 2023	n/a	n/a	₹64m
Jun 30 2023	n/a	n/a	₹65m
Mar 31 2023	₹6m	₹6m	₹62m
Dec 31 2022	n/a	n/a	₹60m
Sep 30 2022	n/a	n/a	₹62m
Jun 30 2022	n/a	n/a	₹58m
Mar 31 2022	₹7m	₹6m	₹51m
Dec 31 2021	n/a	n/a	₹44m
Sep 30 2021	n/a	n/a	₹21m
Jun 30 2021	n/a	n/a	-₹6m
Mar 31 2021	₹6m	₹6m	-₹20m
Dec 31 2020	n/a	n/a	-₹23m
Sep 30 2020	n/a	n/a	-₹14m
Jun 30 2020	n/a	n/a	₹700k
Mar 31 2020	₹6m	₹6m	₹9m
Dec 31 2019	n/a	n/a	₹5m
Sep 30 2019	n/a	n/a	₹2m
Jun 30 2019	n/a	n/a	₹14m
Mar 31 2019	₹6m	₹6m	₹18m
Dec 31 2018	n/a	n/a	₹18m
Sep 30 2018	n/a	n/a	₹22m
Jun 30 2018	n/a	n/a	₹23m
Mar 31 2018	₹6m	₹6m	₹21m

Compensation vs Market: Kartik's total compensation ($USD76.24K) is above average for companies of similar size in the Indian market ($USD39.29K).

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

CEO

Kartik Nayak (56 yo)

15.7yrs

Tenure

₹6,360,000

Compensation

Mr. Kartik Manohar Nayak serves as a Joint Managing Director of Shetron Limited. (also known as Shetron Industries) since September 1, 2008 and as its Executive Director since April 1, 2003. He served as C...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Diwakar Shetty	Executive Chairman	18.7yrs	₹8.30m	19.09% ₹ 216.5m
Kartik Nayak	Joint MD & Executive Director	15.7yrs	₹6.36m	no data
Praveen Mally	Joint MD & Executive Director	8yrs	₹9.91m	no data
Vilas Dingre	CFO and Deputy General Manager of Finance & Projects	8.6yrs	₹1.08m	no data
Jyoti Kumari	Company Secretary & Compliance Officer	less than a year	no data	no data

8.3yrs

Average Tenure

56.5yo

Average Age

Experienced Management: 526137's management team is seasoned and experienced (8.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Diwakar Shetty	Executive Chairman	18.7yrs	₹8.30m	19.09% ₹ 216.5m
Kartik Nayak	Joint MD & Executive Director	21.1yrs	₹6.36m	no data
Praveen Mally	Joint MD & Executive Director	8.3yrs	₹9.91m	no data
Bhagya Rao	Independent Director	2yrs	₹190.00k	no data
Mita Dixit	Independent Director	less than a year	no data	no data
Harish Visweswara	Independent Director	2yrs	₹180.00k	no data

5.1yrs

Average Tenure

59yo

Average Age

Experienced Board: 526137's board of directors are considered experienced (5.1 years average tenure).

Shetron Management

Management criteria checks 3/4

Key information

Recent management updates

Shetron Limited Announces Appointment of Mrs. Jyoti Kumari as Company Secretary and Compliance Officer

Shetron Limited Announces the Resignation of Shipra Saha as Company Secretary and Compliance Officer, Effective October 28, 2023

Shetron Limited, Annual General Meeting, Aug 08, 2023

Less than half of directors are independent

Shetron Limited Announces the Resignation of Dr. Jyoti Gopalkrishna Baliga from the Office of Independent Director, Effective May 15, 2023

Shetron Limited Announces Babugowda Sanganagowda Patil Ceased to Be Independent Director

Recent updates

Now 20% overvalued after recent price rise

Investor sentiment deteriorates as stock falls 17%

Now 33% overvalued after recent price rise

Now 21% overvalued after recent price rise

Third quarter 2024 earnings released: EPS: ₹1.96 (vs ₹1.60 in 3Q 2023)

Shetron Limited to Report Q3, 2024 Results on Feb 07, 2024

Shetron Limited Announces Appointment of Mrs. Jyoti Kumari as Company Secretary and Compliance Officer

Now 26% overvalued after recent price rise

Investor sentiment improves as stock rises 21%

Second quarter 2024 earnings released: EPS: ₹1.81 (vs ₹1.90 in 2Q 2023)

Shetron Limited to Report Q2, 2024 Results on Oct 30, 2023

Investor sentiment improves as stock rises 18%

Shetron Limited Announces the Resignation of Shipra Saha as Company Secretary and Compliance Officer, Effective October 28, 2023

Shetron Limited Recommends Confirmation Interim Dividend and Declaration of Final Dividend for the Financial Year 2022-23

First quarter 2024 earnings released: EPS: ₹2.24 (vs ₹1.90 in 1Q 2023)

Investor sentiment improves as stock rises 17%

Shetron Limited to Report Q1, 2024 Results on Aug 04, 2023

Upcoming dividend of ₹0.50 per share at 1.4% yield

Shetron Limited, Annual General Meeting, Aug 08, 2023

Less than half of directors are independent

Shetron Limited Announces the Resignation of Dr. Jyoti Gopalkrishna Baliga from the Office of Independent Director, Effective May 15, 2023

Investor sentiment improves as stock rises 18%

Shetron Limited to Report Q3, 2023 Results on Feb 04, 2023

Investor sentiment deteriorated over the past week

Shetron Limited to Report Q2, 2023 Results on Nov 09, 2022

Shetron Limited Announces Babugowda Sanganagowda Patil Ceased to Be Independent Director

Investor sentiment improved over the past week

Insider recently sold ₹1.8m worth of stock

Investor sentiment improved over the past week

Shetron Limited Announces Board Appointments

Inaugural dividend of ₹0.50 per share

Full year 2022 earnings released: EPS: ₹5.47 (vs ₹2.42 loss in FY 2021)

Investor sentiment improved over the past week

Shetron Limited's Board Approves Interim Dividend for the Year 2022-23

Shetron Limited Announces Resignation of Jagruti Mursenia as Company Secretary and Compliance Officer, Effective July 31, 2022

Shetron Limited, Annual General Meeting, Aug 16, 2022

Investor sentiment improved over the past week

Shetron Limited Announces Cessation of Mohan Narayan Menon as Independent Director

Full year 2022 earnings released: EPS: ₹5.47 (vs ₹2.42 loss in FY 2021)

Shetron Limited Announces Board Changes

Shetron Limited to Report Q4, 2022 Results on May 25, 2022

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

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

Investor sentiment improved over the past week

Second quarter 2022 earnings released: EPS ₹1.37 (vs ₹1.60 loss in 2Q 2021)

First quarter 2022 earnings released: EPS ₹1.10 (vs ₹0.40 loss in 1Q 2021)

Independent Non-Executive Director P. Shastri has left the company

Independent Non-Executive Director P. Shastri has left the company

Full year 2021 earnings released: ₹2.42 loss per share (vs ₹0.76 profit in FY 2020)

New 90-day low: ₹17.45

Third quarter 2021 earnings released: ₹0.81 loss per share (vs ₹0.17 profit in 3Q 2020)

Shetron Limited to Report Q3, 2021 Results on Feb 05, 2021

New 90-day high: ₹22.45

New 90-day high: ₹20.10

New 90-day high: ₹19.80

Second quarter 2021 earnings released: ₹1.60 loss per share

Shetron Limited to Report Q2, 2021 Results on Nov 10, 2020

First quarter earnings released

Shetron Limited to Report Q1, 2020 Results on Aug 10, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure