Mangalore Chemicals & Fertilizers Limited

BSE:530011 Stock Report

Market Cap: ₹12.7b

Mangalore Chemicals & Fertilizers Management

Management criteria checks 1/4

Mangalore Chemicals & Fertilizers' CEO is Nitin Kantak, appointed in Nov 2022, has a tenure of 1.5 years. total yearly compensation is ₹12.36M, comprised of 34.3% salary and 65.7% bonuses, including company stock and options. directly owns 0% of the company’s shares, worth ₹53.21K. The average tenure of the management team and the board of directors is 0.6 years and 2.2 years respectively.

Key information

Nitin Kantak

Chief executive officer

₹12.4m

Total compensation

CEO salary percentage34.3%
CEO tenure1.5yrs
CEO ownership0.0004%
Management average tenureless than a year
Board average tenure2.2yrs

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
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 ($USD147.92K) is about average for companies of similar size in the Indian market ($USD193.51K).

Compensation vs Earnings: Nitin's compensation has increased by more than 20% in the past year.


CEO

Nitin Kantak (64 yo)

1.5yrs

Tenure

₹12,360,862

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 Director1.5yrs₹12.36m0.00042%
₹ 53.2k
T. Muralidharan
Chief Financial Officerno datano datano data
Vighneshwar Bhat
Company Secretary & Compliance Officerless than a yearno datano data
M. Srikantha
Vice President of Marketingno datano datano data
S. Girish
Chief Manufacturing Officerless than a yearno datano data

0.6yrs

Average Tenure

Experienced Management: 530011's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Nitin Kantak
Whole-Time Director2.3yrs₹12.36m0.00042%
₹ 53.2k
Doddaballapur Prasanna
Independent Director8yrs₹1.18m0.0094%
₹ 1.2m
Akshay Poddar
Non-Executive Chairman8.7yrs₹930.00k1.18%
₹ 149.9m
Marco Philippus Wadia
Independent Director2yrs₹985.00kno data
Kiran Dhingra
Independent Directorless than a yearno datano data
Narayanan Krishnan
Non-Executive Director1.2yrsno data0.00084%
₹ 106.4k

2.2yrs

Average Tenure

65.5yo

Average Age

Experienced Board: 530011's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.


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