Hitech Corporation Limited

BSE:526217 Stock Report

Market Cap: ₹4.2b

Hitech Management

Management criteria checks 3/4

Hitech's CEO is Malav Dani, appointed in Nov 2012, has a tenure of 12.17 years. total yearly compensation is ₹8.67M, comprised of 53.9% salary and 46.1% bonuses, including company stock and options. directly owns 0.31% of the company’s shares, worth ₹13.20M. The average tenure of the management team and the board of directors is 5.2 years and 5.6 years respectively.

Key information

Malav Dani

Chief executive officer

₹8.7m

Total compensation

CEO salary percentage53.9%
CEO tenure12.2yrs
CEO ownership0.3%
Management average tenure5.2yrs
Board average tenure5.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Malav Dani's remuneration changed compared to Hitech's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹158m

Jun 30 2024n/an/a

₹182m

Mar 31 2024₹9m₹5m

₹220m

Dec 31 2023n/an/a

₹242m

Sep 30 2023n/an/a

₹243m

Jun 30 2023n/an/a

₹297m

Mar 31 2023₹9m₹5m

₹283m

Dec 31 2022n/an/a

₹278m

Sep 30 2022n/an/a

₹370m

Jun 30 2022n/an/a

₹362m

Mar 31 2022n/an/a

₹374m

Dec 31 2021n/an/a

₹415m

Sep 30 2021n/an/a

₹341m

Jun 30 2021n/an/a

₹308m

Mar 31 2021₹1m₹1

₹170m

Dec 31 2020n/an/a

₹48m

Sep 30 2020n/an/a

-₹5m

Jun 30 2020n/an/a

-₹60m

Mar 31 2020₹5m₹4m

₹24m

Dec 31 2019n/an/a

₹17m

Sep 30 2019n/an/a

₹142m

Jun 30 2019n/an/a

₹165m

Mar 31 2019₹5m₹4m

₹164m

Dec 31 2018n/an/a

₹219m

Sep 30 2018n/an/a

₹106m

Jun 30 2018n/an/a

₹89m

Mar 31 2018₹5m₹4m

₹78m

Compensation vs Market: Malav's total compensation ($USD101.02K) is above average for companies of similar size in the Indian market ($USD41.99K).

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


CEO

Malav Dani (49 yo)

12.2yrs

Tenure

₹8,671,408

Compensation

Mr. Malav Ashwin Dani has been the Managing Director of Hitech Corporation Limited since November 3, 2012. Mr. Dani served as Joint Managing Director of Hitech Plast Ltd. from August 5, 2011 to November 2,...


Leadership Team

NamePositionTenureCompensationOwnership
Malav Dani
MD & Director12.2yrs₹8.67m0.31%
₹ 13.2m
Avan Chaina
Chief Financial Officer5.5yrs₹3.53mno data
Ashish Roongta
Company Secretary & Compliance Officer1.6yrs₹1.36mno data
Mehernosh Mehta
Whole Time Director8.8yrs₹3.07mno data
Jasraj Singh
Chief Operating Officerless than a yearno datano data
Vijay Chauhan
Sr. Manager of Accounts & Taxationno datano datano data
V.S.R. Anjaneyulu
Vice President of Technology Centre4.8yrs₹3.15mno data
Raghavendra Prasad
General Manager of HR & IRno datano datano data
Ketan Sarda
Head of Commercialno datano datano data
Rabindra Sahoo
Plant Head -Silvassa Regionno datano datano data
Amit Arvindkumar Panchal
Head of Operations All Plantno datano datano data

5.2yrs

Average Tenure

57yo

Average Age

Experienced Management: 526217's management team is seasoned and experienced (5.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Malav Dani
MD & Director16.9yrs₹8.67m0.31%
₹ 13.2m
Mehernosh Mehta
Whole Time Director8.8yrs₹3.07mno data
Sivaram Swaminathan
Non-Executive Independent Directorless than a yearno datano data
Ina Dani
Non-Executive Vice-Chairperson15yrs₹150.00k1.7%
₹ 71.2m
Bomi Chinoy
Non-Executive Independent Director8.7yrs₹920.00kno data
Aditya Sheth
Non Executive Independent Director5.6yrs₹520.00kno data
Kalpana Merchant
Non-Executive Independent Director4.9yrs₹950.00kno data
Prakash Trivedi
Non-Executive Independent Director1.1yrs₹210.00kno data
Anjan Ray
Non-Executive Independent Directorless than a year₹210.00kno data

5.6yrs

Average Tenure

69yo

Average Age

Experienced Board: 526217's board of directors are considered experienced (5.6 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/08 12:08
End of Day Share Price 2025/01/08 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Hitech Corporation Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Anil BurraFirstCall Research