Sarthak Metals Management

Management criteria checks 4/4

Sarthak Metals' CEO is Mayur Bhatt, appointed in Jul 2021, has a tenure of 2.75 years. total yearly compensation is ₹1.30M, comprised of 92.3% salary and 7.7% bonuses, including company stock and options. directly owns 3.32% of the company’s shares, worth ₹107.18M. The average tenure of the management team and the board of directors is 2.8 years and 7.7 years respectively.

Key information

Mayur Bhatt

Chief executive officer

₹1.3m

Total compensation

CEO salary percentage	92.3%
CEO tenure	2.8yrs
CEO ownership	3.3%
Management average tenure	2.8yrs
Board average tenure	7.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mayur Bhatt's remuneration changed compared to Sarthak Metals's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	₹179m
Sep 30 2023	n/a	n/a	₹242m
Jun 30 2023	n/a	n/a	₹265m
Mar 31 2023	₹1m	₹1m	₹298m
Dec 31 2022	n/a	n/a	₹321m
Sep 30 2022	n/a	n/a	₹316m
Jun 30 2022	n/a	n/a	₹291m
Mar 31 2022	₹1m	₹1m	₹275m
Dec 31 2021	n/a	n/a	₹223m
Sep 30 2021	n/a	n/a	₹189m
Jun 30 2021	n/a	n/a	₹143m
Mar 31 2021	₹650k	₹600k	₹80m
Dec 31 2020	n/a	n/a	₹66m
Sep 30 2020	n/a	n/a	₹44m
Jun 30 2020	n/a	n/a	₹45m
Mar 31 2020	₹650k	₹600k	₹46m
Dec 31 2019	n/a	n/a	₹43m
Sep 30 2019	n/a	n/a	₹39m
Jun 30 2019	n/a	n/a	₹48m
Mar 31 2019	₹850k	₹600k	₹58m
Dec 31 2018	n/a	n/a	₹54m
Sep 30 2018	n/a	n/a	₹51m
Jun 30 2018	n/a	n/a	₹49m
Mar 31 2018	₹650k	₹650k	₹48m

Compensation vs Market: Mayur's total compensation ($USD15.58K) is below average for companies of similar size in the Indian market ($USD39.23K).

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

CEO

Mayur Bhatt (45 yo)

2.8yrs

Tenure

₹1,300,000

Compensation

Mr. Mayur Bhatt has been the Chief Executive Officer of Sarthak Metals Limited since July 14, 2021. He served as an Head of Operations at Sarthak Metals Limited until July 14, 2021 and also has been a Whol...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Mayur Bhatt	CEO & Whole Time Director	2.8yrs	₹1.30m	3.32% ₹ 107.2m
Anirudh Singhal	Chief Financial Officer	7.7yrs	₹1.69m	no data
Pratik Jain	Company Secretary & Compliance Officer	2.8yrs	₹503.00k	no data
Sanjay Shah	Head of Sales & Marketing and Whole Time Director	no data	₹3.90m	8.09% ₹ 261.3m
Anoop Bansal	MD & Director	no data	₹3.90m	9.42% ₹ 304.3m
Manoj Bansal	Plant Head	no data	₹2.70m	29.19% ₹ 943.3m

2.8yrs

Average Tenure

56yo

Average Age

Experienced Management: 540393's management team is considered experienced (2.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Mayur Bhatt	CEO & Whole Time Director	7.7yrs	₹1.30m	3.32% ₹ 107.2m
Sanjay Shah	Head of Sales & Marketing and Whole Time Director	21.3yrs	₹3.90m	8.09% ₹ 261.3m
Anoop Bansal	MD & Director	28.8yrs	₹3.90m	9.42% ₹ 304.3m
Rama Kohli	Non-Executive Independent Woman Director	7.7yrs	₹50.00k	no data
Sunil Agarwal	Non Executive Non-Independent Chairman	4.2yrs	₹70.00k	2.34% ₹ 75.5m
Dwadasi Giri	Non Executive Independent Director	3.8yrs	₹70.00k	no data
Sunil Bhatt	Independent Non-Executive Director	2.7yrs	₹70.00k	no data

7.7yrs

Average Tenure

61yo

Average Age

Experienced Board: 540393's board of directors are considered experienced (7.7 years average tenure).

Sarthak Metals Management

Management criteria checks 4/4

Key information

Recent management updates

Insufficient new directors

Sarthak Metals Limited, Annual General Meeting, Aug 21, 2023

Sarthak Metals Limited, Annual General Meeting, Aug 21, 2023

Chief Financial Officer recently sold ₹1.1m worth of stock

Sarthak Metals Limited, Annual General Meeting, Sep 05, 2022

Recent updates

Investor sentiment deteriorates as stock falls 15%

Third quarter 2024 earnings released: EPS: ₹1.27 (vs ₹5.51 in 3Q 2023)

Investor sentiment improves as stock rises 21%

New major risk - Share price stability

Sarthak Metals Limited to Report Q3, 2024 Results on Feb 08, 2024

Investor sentiment improves as stock rises 23%

Upcoming dividend of ₹1.00 per share at 0.8% yield

Sarthak Metals Limited Declares Interim Dividend, Payable on or Before 10 January, 2024

Second quarter 2024 earnings released: EPS: ₹4.05 (vs ₹5.73 in 2Q 2023)

Sarthak Metals Limited to Report Q2, 2024 Results on Nov 07, 2023

Now 22% undervalued after recent price drop

Now 22% undervalued after recent price drop

Sarthak Metals Limited to Report Q1, 2024 Results on Aug 11, 2023

Upcoming dividend of ₹2.00 per share at 0.8% yield

Insufficient new directors

New major risk - Share price stability

Sarthak Metals Limited, Annual General Meeting, Aug 21, 2023

Full year 2023 earnings released: EPS: ₹21.74 (vs ₹20.07 in FY 2022)

Sarthak Metals Limited, Annual General Meeting, Aug 21, 2023

Investor sentiment improves as stock rises 17%

New minor risk - Share price stability

Investor sentiment improves as stock rises 22%

Full year 2023 earnings released: EPS: ₹21.74 (vs ₹20.07 in FY 2022)

Sarthak Metals Limited Recommends Dividend for the Financial Year Ended March 31, 2023

Third quarter 2023 earnings released: EPS: ₹5.51 (vs ₹5.19 in 3Q 2022)

Sarthak Metals Limited to Report Q3, 2023 Results on Feb 13, 2023

Investor sentiment improved over the past week

Sarthak Metals Limited Declares Interim Dividend for the Financial Year 2021-22, Payable on or Before January 19, 2023

Investor sentiment improved over the past week

Sarthak Metals Limited to Report Q2, 2023 Results on Nov 11, 2022

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Sarthak Metals Limited Announces Dividend for the Financial Year Ended March 31, 2022

Chief Financial Officer recently sold ₹1.1m worth of stock

Investor sentiment improved over the past week

Upcoming dividend of ₹1.00 per share

Full year 2022 earnings released: EPS: ₹20.03 (vs ₹5.82 in FY 2021)

Sarthak Metals Limited Proposes Final Dividend for the Financial Year Ended March 31, 2022

Sarthak Metals Limited to Report Q1, 2023 Results on Aug 10, 2022

Sarthak Metals Limited, Annual General Meeting, Sep 05, 2022

Investor sentiment improved over the past week

Sarthak Metals Limited Recommends Dividend for the Financial Year Ended March 31, 2022

Sarthak Metals Limited Recommends Dividend for the Financial Year Ended March 31, 2022

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

Sarthak Metals Limited to Report Q3, 2022 Results on Feb 11, 2022

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

First half 2022 earnings released: EPS ₹8.92 (vs ₹0.96 in 1H 2021)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Upcoming dividend of ₹1.00 per share

Investor sentiment improved over the past week

Non-Executive Non-Independent Director Kishore Bansal has left the company

Company Secretary & Compliance Officer Itika Singhal has left the company

Investor sentiment improved over the past week

Full year 2021 earnings released: EPS ₹5.82 (vs ₹3.38 in FY 2020)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

New 90-day high: ₹30.40

New 90-day high: ₹28.00

Investor sentiment improved over the past week

New 90-day low: ₹17.10

Market pulls back on stock over the past week

Market bids up stock over the past week

CEO Compensation Analysis

CEO

Tenure