Garg Furnace Management
Management criteria checks 0/4
Garg Furnace's CEO is Devinder Garg, appointed in Aug 2023, has a tenure of less than a year. directly owns 29.9% of the company’s shares, worth ₹454.70M. The average tenure of the management team and the board of directors is 0.7 years and 1 years respectively.
Key information
Devinder Garg
Chief executive officer
n/a
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | less than a year |
| CEO ownership | 29.9% |
| Management average tenure | less than a year |
| Board average tenure | 1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | ₹66m |
| Sep 30 2023 | n/a | n/a | ₹54m |
| Jun 30 2023 | n/a | n/a | ₹61m |
| Mar 31 2023 | n/a | n/a | ₹59m |
| Dec 31 2022 | n/a | n/a | ₹46m |
| Sep 30 2022 | n/a | n/a | ₹67m |
| Jun 30 2022 | n/a | n/a | ₹58m |
| Mar 31 2022 | ₹2m | ₹2m | ₹63m |
| Dec 31 2021 | n/a | n/a | -₹15m |
| Sep 30 2021 | n/a | n/a | -₹24m |
| Jun 30 2021 | n/a | n/a | -₹31m |
| Mar 31 2021 | ₹1m | ₹1m | -₹47m |
| Dec 31 2020 | n/a | n/a | ₹8m |
| Sep 30 2020 | n/a | n/a | ₹67m |
| Jun 30 2020 | n/a | n/a | ₹28m |
| Mar 31 2020 | ₹2m | ₹2m | ₹36m |
| Dec 31 2019 | n/a | n/a | ₹153m |
| Sep 30 2019 | n/a | n/a | ₹65m |
| Jun 30 2019 | n/a | n/a | ₹51m |
| Mar 31 2019 | ₹1m | ₹1m | ₹51m |
| Dec 31 2018 | n/a | n/a | -₹25m |
| Sep 30 2018 | n/a | n/a | -₹24m |
| Jun 30 2018 | n/a | n/a | ₹7m |
| Mar 31 2018 | ₹840k | ₹840k | -₹1m |
Compensation vs Market: Insufficient data to establish whether Devinder's total compensation is reasonable compared to companies of similar size in the Indian market.
Compensation vs Earnings: Devinder's compensation has increased by more than 20% in the past year.
CEO
Devinder Garg (59 yo)
less than a year
Tenure
₹1,555,090
Compensation
Sh. Devinder Garg, B.A., has been the Managing Director at Garg Furnace Limited since August 1, 2010. Sh. Garg serves as an Executive Chairman at Garg Furnace Limited and its Executive Director since Janua...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & MD | less than a year | ₹1.56m | 29.9% ₹ 454.7m | |
| MD & Director | less than a year | ₹600.00k | 4.71% ₹ 71.6m | |
| Chief Financial Officer | 8.3yrs | no data | no data | |
| Compliance Officer & Company Secretary | 1.8yrs | no data | no data | |
| Whole-Time Woman Director | less than a year | no data | 29.67% ₹ 451.3m |
0.7yrs
Average Tenure
57yo
Average Age
Experienced Management: 530615's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & MD | 36.3yrs | ₹1.56m | 29.9% ₹ 454.7m | |
| MD & Director | less than a year | ₹600.00k | 4.71% ₹ 71.6m | |
| Whole-Time Woman Director | 8.4yrs | no data | 29.67% ₹ 451.3m | |
| Non-Executive Independent Director | 1.1yrs | no data | no data | |
| Independent Non-Executive Director | less than a year | no data | no data | |
| Independent Non-Executive Director | less than a year | no data | no data |
1.0yrs
Average Tenure
37.5yo
Average Age
Experienced Board: 530615's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.