Mangalore Chemicals & Fertilizers Limited

BSE:530011 Stock Report

Market Cap: ₹16.8b

Mangalore Chemicals & Fertilizers Management

Management criteria checks 2/4

Mangalore Chemicals & Fertilizers' CEO is Nitin Kantak, appointed in Nov 2022, has a tenure of 2.83 years. total yearly compensation is ₹14.14M, comprised of 77.2% salary and 22.8% bonuses, including company stock and options. directly owns 0% of the company’s shares, worth ₹70.36K. The average tenure of the management team and the board of directors is 1.1 years and 2.7 years respectively.

Key information

Nitin Kantak

Chief executive officer

₹14.1m

Total compensation

CEO salary percentage77.2%
CEO tenure2yrs
CEO ownership0.0004%
Management average tenure1.1yrs
Board average tenure2.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Nitin Kantak's remuneration changed compared to Mangalore Chemicals & Fertilizers's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹1b

Jun 30 2024n/an/a

₹1b

Mar 31 2024₹14m₹11m

₹2b

Dec 31 2023n/an/a

₹2b

Sep 30 2023n/an/a

₹3b

Jun 30 2023n/an/a

₹2b

Mar 31 2023₹12m₹4m

₹1b

Dec 31 2022n/an/a

₹703m

Sep 30 2022n/an/a

₹252m

Jun 30 2022n/an/a

₹863m

Mar 31 2022₹175kn/a

₹879m

Compensation vs Market: Nitin's total compensation ($USD167.40K) is about average for companies of similar size in the Indian market ($USD194.11K).

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


CEO

Nitin Kantak (65 yo)

2yrs

Tenure

₹14,136,000

Compensation

Mr. Nitin Manguesh Kantak serves as Whole-Time Director for Mangalore Chemicals & Fertilizers Limited since November 03, 2022 and had been its Non-Executive Director since March 29, 2022 and served as its...


Leadership Team

NamePositionTenureCompensationOwnership
Nitin Kantak
Whole-Time Director2yrs₹14.14m0.00042%
₹ 70.4k
T. Muralidharan
Chief Financial Officerno datano datano data
Vighneshwar Bhat
Company Secretary & Compliance Officer1.1yrsno datano data
P. Sudharshan
General Manager of Marketingno datano datano data
S. Girish
Chief Manufacturing Officerless than a yearno datano data

1.1yrs

Average Tenure

Experienced Management: 530011's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Nitin Kantak
Whole-Time Director2.8yrs₹14.14m0.00042%
₹ 70.4k
Doddaballapur Prasanna
Independent Director8.5yrs₹1.18mno data
Akshay Poddar
Non-Executive Chairman9.2yrs₹860.00k1.18%
₹ 198.2m
Marco Philippus Wadia
Independent Director2.5yrs₹1.08mno data
Kiran Dhingra
Independent Director1.3yrs₹790.00kno data
Narayanan Krishnan
Non-Executive Director1.7yrs₹700.00k0.00084%
₹ 140.7k

2.7yrs

Average Tenure

66.5yo

Average Age

Experienced Board: 530011's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.