ISMT Management

Management criteria checks 0/4

We currently do not have sufficient information about the CEO.

Key information

Nishikant Ektare

Chief executive officer

₹45.5m

Total compensation

CEO salary percentage	28.5%
CEO tenure	2.3yrs
CEO ownership	n/a
Management average tenure	less than a year
Board average tenure	2.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Nishikant Ektare's remuneration changed compared to ISMT's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	₹2b
Dec 31 2023	n/a	n/a	₹2b
Sep 30 2023	n/a	n/a	₹1b
Jun 30 2023	n/a	n/a	₹1b
Mar 31 2023	₹45m	₹13m	₹877m
Dec 31 2022	n/a	n/a	₹26b
Sep 30 2022	n/a	n/a	₹25b
Jun 30 2022	n/a	n/a	₹25b
Mar 31 2022	₹763k	₹763k	₹24b

Compensation vs Market: Nishikant's total compensation ($USD545.24K) is above average for companies of similar size in the Indian market ($USD262.02K).

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

CEO

Nishikant Ektare (64 yo)

2.3yrs

Tenure

₹45,474,840

Compensation

Mr. Nishikant Balakrishna Ektare serves as Managing Director and Additional Executive Director at ISMT Limited since March 10, 2022. He served as the Chief Operating Officer at Kirloskar Ferrous Industries...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Nishikant Ektare	MD & Additional Executive Director	2.3yrs	₹45.47m	no data
Raviprakasha Srivatsan	Chief Financial Officer	less than a year	no data	no data
Pankaj Wahi	Executive Vice President of Finance & Accounts	no data	no data	no data
Nikita Jaisinghani	Compliance Officer	less than a year	no data	no data
Rakesh Duda	Director of Corporate HR	no data	no data	no data
Ramesh Rathi	Executive Vice President of Internal Audit	no data	no data	no data
Balram Agarwal	Executive Vice President of Works	no data	no data	no data
P. Kapoor	Executive Vice President of Works	no data	no data	no data
Ravindra Pathak	Executive Vice President of Works	no data	no data	no data
Vipin Pawar	Procurement Head	less than a year	no data	no data
Tanesh Dhingra	Plant Head of Baramati	less than a year	no data	no data
Mayuresh Gharpure	Company Secretary	less than a year	no data	no data

0.4yrs

Average Tenure

61yo

Average Age

Experienced Management: 532479's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Nishikant Ektare	MD & Additional Executive Director	2.3yrs	₹45.47m	no data
Rahul Kirloskar	Additional Non-Executive & Non-Independent Chairman	2.3yrs	₹1.12m	no data
Ravindranath Gumaste	Additional Non-Executive Non-Independent Vice Chairman	2.3yrs	₹3.66m	no data
Shalini Sarin	Additional Independent Non-Executive Director	2.3yrs	₹2.12m	no data
Kanakraj Madhavan	Independent Non-Executive Director	5.3yrs	₹1.84m	0.00083% ₹ 326.6k
Venkataramani Moorthy	Additional Independent Non-Executive Director	2.3yrs	₹3.55m	no data

2.3yrs

Average Tenure

63yo

Average Age

Experienced Board: 532479's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.

ISMT Management

Management criteria checks 0/4

Key information

Recent management updates

ISMT Limited Announces Executive Changes

ISMT Limited Announces the Appointment of Raviprakasha Srinivasa Srivatsan as the Chief Financial Officer with Effect from 5 February 2024

Ismt Limited Appoints Nikita Jaisinghani as the Compliance Officer

ISMT Limited Announces Resignation of Kishore Bharambe as President (Tube Operations)

Insider recently sold ₹37m worth of stock

ISMT Limited Announces Management Changes

Recent updates

Investor sentiment improves as stock rises 19%

Investor sentiment improves as stock rises 28%

Full year 2024 earnings released: EPS: ₹5.78 (vs ₹2.92 in FY 2023)

ISMT Limited to Report Q4, 2024 Results on May 10, 2024

ISMT Limited Announces Executive Changes

ISMT Limited Declares an Interim Dividend for the Financial Year 2023-2024, Payable on or Before 29 March 2024

ISMT Limited Announces the Appointment of Raviprakasha Srinivasa Srivatsan as the Chief Financial Officer with Effect from 5 February 2024

Third quarter 2024 earnings released: EPS: ₹2.06 (vs ₹0.96 in 3Q 2023)

Ismt Limited Appoints Nikita Jaisinghani as the Compliance Officer

ISMT Limited to Report Q3, 2024 Results on Jan 24, 2024

ISMT Limited Announces Resignation of Kishore Bharambe as President (Tube Operations)

Insider recently sold ₹37m worth of stock

ISMT Limited Announces Management Changes

Second quarter 2024 earnings released: EPS: ₹1.71 (vs ₹1.01 in 2Q 2023)

ISMT Limited Announces Resignation of Suresh Patil as Chief Financial Officer, Effective December 13, 2023

ISMT Limited to Report Q2, 2024 Results on Oct 26, 2023

Full year 2023 earnings released: EPS: ₹2.92 (vs ₹152 in FY 2022)

ISMT Limited, Annual General Meeting, Jul 27, 2023

ISMT Limited (BSE:532479) agreed to acquire Windmills business of Kirloskar Industries Limited for 54 million.

ISMT Limited (BSE:532479) agreed to acquire Windmills business of Kirloskar Industries Limited for 54 million.

Full year 2023 earnings released: EPS: ₹2.92 (vs ₹152 in FY 2022)

ISMT Limited (BSE:532479) agreed to acquire Adicca Energy Solutions Private Limited for INR 0.1 million.

Third quarter 2023 earnings released: EPS: ₹0.96 (vs ₹4.70 loss in 3Q 2022)

ISMT Limited to Report Q3, 2023 Results on Jan 24, 2023

High number of new directors

Second quarter 2023 earnings released: EPS: ₹1.01 (vs ₹3.25 loss in 2Q 2022)

ISMT Limited Appoints Suresh Patil as Chief Financial Officer

ISMT Limited to Report Q2, 2023 Results on Nov 04, 2022

ISMT Limited Announces Resignation of Rajiv Goel as Chief Financial Officer, Effective from October 1, 2022

ISMT Limited to Report Q1, 2023 Results on Jul 29, 2022

Full year 2022 earnings released: EPS: ₹152 (vs ₹23.38 loss in FY 2021)

ISMT Limited, Annual General Meeting, Jul 29, 2022

Full year 2022 earnings released: EPS: ₹152 (vs ₹23.38 loss in FY 2021)

ISMT Limited to Report Fiscal Year 2022 Results on May 09, 2022

High number of new directors

Kirloskar Ferrous Industries Limited (BSE:500245) completed the acquisition of additional 25.05% stake in ISMT Limited (BSE : 532479).

High number of new directors

Third quarter 2022 earnings: EPS in line with expectations, revenues disappoint

Jindal Pipes Limited Files Suit Before the Civil Judge Senior Division Pune, Against ISMT Limited and Kirloskar Ferrous Industries Limited

Second quarter 2022 earnings: EPS in line with expectations, revenues disappoint

ISMT Limited announced that it expects to receive INR 4.7663 billion in funding from Kirloskar Ferrous Industries Limited

High number of new and inexperienced directors

High number of new and inexperienced directors

First quarter 2022 earnings released: ₹3.80 loss per share (vs ₹7.15 loss in 1Q 2021)

Full year 2021 earnings released: ₹23.38 loss per share (vs ₹16.41 loss in FY 2020)

New 90-day low: ₹10.31

Third quarter 2021 earnings released: ₹3.94 loss per share (vs ₹3.65 loss in 3Q 2020)

ISMT Limited to Report Q3, 2021 Results on Feb 10, 2021

Second quarter 2021 earnings released: ₹4.63 loss per share

New 90-day high: ₹13.19

ISMT Limited Announces the Cessation of Shyam Powar as Independent Director

First quarter earnings released

ISMT Limited to Report Q1, 2021 Results on Sep 07, 2020

New 90-day high - ₹7.25

ISMT Limited to Report Fiscal Year 2020 Results on Jun 30, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age