Magnum Ventures Management

Management criteria checks 3/4

Magnum Ventures' CEO is Pradeep Jain, appointed in Aug 2022, has a tenure of 1.75 years. total yearly compensation is ₹1.31M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 5.87% of the company’s shares, worth ₹204.72M. The average tenure of the management team and the board of directors is 7.7 years and 7.7 years respectively.

Key information

Pradeep Jain

Chief executive officer

₹1.3m

Total compensation

CEO salary percentage	100.0%
CEO tenure	1.8yrs
CEO ownership	5.9%
Management average tenure	7.7yrs
Board average tenure	7.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Pradeep Jain's remuneration changed compared to Magnum Ventures's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	₹320m
Sep 30 2023	n/a	n/a	₹312m
Jun 30 2023	n/a	n/a	₹297m
Mar 31 2023	₹1m	₹1m	₹709m
Dec 31 2022	n/a	n/a	₹541m
Sep 30 2022	n/a	n/a	₹535m
Jun 30 2022	n/a	n/a	₹504m
Mar 31 2022	₹569k	₹569k	₹51m
Dec 31 2021	n/a	n/a	₹106m
Sep 30 2021	n/a	n/a	₹99m
Jun 30 2021	n/a	n/a	₹77m
Mar 31 2021	₹492k	₹492k	₹13m
Dec 31 2020	n/a	n/a	-₹191m
Sep 30 2020	n/a	n/a	-₹189m
Jun 30 2020	n/a	n/a	-₹173m
Mar 31 2020	₹800k	₹800k	-₹274m
Dec 31 2019	n/a	n/a	-₹29m
Sep 30 2019	n/a	n/a	-₹29m
Jun 30 2019	n/a	n/a	-₹23m
Mar 31 2019	₹240k	₹240k	-₹645k

Compensation vs Market: Pradeep's total compensation ($USD15.70K) is below average for companies of similar size in the Indian market ($USD39.29K).

Compensation vs Earnings: Pradeep's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Pradeep Jain (64 yo)

1.8yrs

Tenure

₹1,310,000

Compensation

Mr. Pradeep Kumar Jain, BA (Arts), has been the Managing Director of Magnum Ventures Limited since February 4, 2006. Mr. Jain has acquired practical experience in the manufacture of Paper and Paper Product...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Pradeep Jain	MD & Executive Director	1.8yrs	₹1.31m	5.87% ₹ 204.7m
Abhay Jain	MD & Executive Director	1.8yrs	₹1.31m	6.14% ₹ 214.0m
Parv Jain	Chief Financial Officer	7.7yrs	₹1.71m	4.49% ₹ 156.7m
Aaina Gupta	Company Secretary & Compliance Officer	2.4yrs	₹670.00k	no data
Naresh Sharma	Director of Human Resources	15yrs	₹1.69m	no data
Shiv Chaturvedi	Whole-Time Director	19yrs	₹984.40k	no data
Sudesh Srivastava	VP of Operations & Unit Head	no data	no data	no data
Ritesh Jain	General Manager of Technical	no data	no data	0.31% ₹ 10.9m
Amit Singh	Director of Revenue & Marketing	no data	no data	no data
T. Thomas	Chief Engineer	8.5yrs	no data	no data

7.7yrs

Average Tenure

49yo

Average Age

Experienced Management: 532896's management team is seasoned and experienced (7.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Pradeep Jain	MD & Executive Director	38.8yrs	₹1.31m	5.87% ₹ 204.7m
Abhay Jain	MD & Executive Director	14.4yrs	₹1.31m	6.14% ₹ 214.0m
Shiv Chaturvedi	Whole-Time Director	10.1yrs	₹984.40k	no data
Parveen Jain	Non-Executive Chairman	18.3yrs	no data	29.27% ₹ 1.0b
. Jyoti	Non-Executive Independent Director	5.3yrs	₹26.50k	no data
Shalini Rahul Tiwari	Independent Non-Executive Additional Director	1.8yrs	₹32.00k	no data
Aanchal Jain	Independent Non-Executive Director	2.4yrs	₹71.50k	no data
Jyoti Bansal	Independent Non-Executive Director	2.4yrs	₹113.50k	no data

7.7yrs

Average Tenure

49yo

Average Age

Experienced Board: 532896's board of directors are considered experienced (7.7 years average tenure).

Magnum Ventures Management

Management criteria checks 3/4

Key information

Recent management updates

Magnum Ventures Limited, Annual General Meeting, Sep 20, 2023

Less than half of directors are independent

Magnum Ventures Limited Announces Resignation of Manish Kumar as Independent Director

High number of new directors

Less than half of directors are independent

Magnum Ventures Limited Announces Resignation of Virender Kumar Sharma as Independent Director

Recent updates

Investor sentiment improves as stock rises 16%

Investor sentiment deteriorates as stock falls 18%

Investor sentiment deteriorates as stock falls 15%

New major risk - Shareholder dilution

Third quarter 2024 earnings released: EPS: ₹0.53 (vs ₹0.47 in 3Q 2023)

Magnum Ventures Limited to Report Q3, 2024 Results on Feb 05, 2024

Investor sentiment improves as stock rises 20%

Second quarter 2024 earnings released: EPS: ₹0.11 (vs ₹1.01 in 2Q 2023)

Magnum Ventures Limited announced that it expects to receive INR 494.2325 million in funding from RMJ Securities PVT. Ltd.

Magnum Ventures Limited to Report Q2, 2024 Results on Nov 10, 2023

Investor sentiment improves as stock rises 17%

Magnum Ventures Limited, Annual General Meeting, Sep 20, 2023

Magnum Ventures Limited announced that it expects to receive INR 123.25 million in funding from RMJ SECURITIES PVT. LTD. and other investors

Magnum Ventures Limited announced that it expects to receive INR 123.25 million in funding from RMJ SECURITIES PVT. LTD. and other investors

New minor risk - Profit margin trend

First quarter 2024 earnings released: EPS: ₹0.80 (vs ₹11.86 in 1Q 2023)

Magnum Ventures Limited to Report Q1, 2024 Results on Aug 11, 2023

Investor sentiment improves as stock rises 15%

Full year 2023 earnings released: EPS: ₹18.78 (vs ₹1.48 in FY 2022)

Magnum Ventures Limited to Report Q4, 2023 Results on May 29, 2023

Investor sentiment improves as stock rises 19%

Investor sentiment improves as stock rises 15%

Third quarter 2023 earnings released: EPS: ₹0.47 (vs ₹0.31 in 3Q 2022)

Magnum Ventures Limited to Report Q3, 2023 Results on Feb 14, 2023

Investor sentiment improves as stock rises 16%

Investor sentiment improved over the past week

Magnum Ventures Limited announced that it expects to receive INR 110.9375 million in funding

Second quarter 2023 earnings released: EPS: ₹1.01 (vs ₹0.21 in 2Q 2022)

Now 21% undervalued

First quarter 2023 earnings released

Investor sentiment improved over the past week

Less than half of directors are independent

Magnum Ventures Limited Announces Resignation of Manish Kumar as Independent Director

Investor sentiment improved over the past week

Full year 2022 earnings released: EPS: ₹1.48 (vs ₹0.43 in FY 2021)

Magnum Ventures Limited to Report Fiscal Year 2022 Results on May 28, 2022

Investor sentiment improved over the past week

Investor sentiment improved over the past week

High number of new directors

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Less than half of directors are independent

Investor sentiment improved over the past week

Second quarter 2022 earnings released: EPS ₹0.21 (vs ₹0.38 loss in 2Q 2021)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Full year 2021 earnings released: EPS ₹0.43 (vs ₹3.24 loss in FY 2020)

New 90-day low: ₹4.19

Magnum Ventures Limited to Report Q3, 2021 Results on Feb 10, 2021

Independent Director has left the company

Magnum Ventures Limited Announces Resignation of Virender Kumar Sharma as Independent Director

Magnum Ventures Ltd. Announces Resignation of Parmod Kumar Jain as Whole-Time Director

Second quarter 2021 earnings released: ₹0.38 loss per share

New 90-day low: ₹4.03

Magnum Ventures Limited Announces Executive Changes

Magnum Ventures Limited Appoints Mr. Praveen Kumar Jain as Regular Chairman of the Board of Directors

Magnum Ventures Limited to Report Q1, 2021 Results on Aug 28, 2020

Magnum Ventures Limited to Report Q4, 2020 Results on Jul 30, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age