Heranba Industries Management

Management criteria checks 3/4

Heranba Industries' CEO is Raghuram Shetty, appointed in Nov 2018, has a tenure of 5.42 years. directly owns 34.81% of the company’s shares, worth ₹4.51B. The average tenure of the management team and the board of directors is 2.8 years and 5.7 years respectively.

Key information

Raghuram Shetty

Chief executive officer

₹56.1m

Total compensation

CEO salary percentage	n/a
CEO tenure	5.4yrs
CEO ownership	34.8%
Management average tenure	2.8yrs
Board average tenure	5.7yrs

Recent management updates

Recent updates

CEO

Raghuram Shetty (64 yo)

5.4yrs

Tenure

₹56,100,000

Compensation

Mr. Raghuram Kanyan Shetty serves as Executive Additional Director of Daikaffil Chemicals India Limited since March 26, 2024. He is a Managing Director of Heranba Industries Limited since November 1, 2018...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Sadashiv Shetty	Executive Chairman	5.8yrs	₹14.30m	23.26% ₹ 3.0b
Raghuram Shetty	MD & Director	5.4yrs	₹56.10m	34.81% ₹ 4.5b
Raunak Shetty	Whole-Time Director	5yrs	₹3.00m	1.59% ₹ 205.9m
Shriraj Shetty	Whole-Time Director	2.4yrs	₹3.00m	2.11% ₹ 272.6m
Rajkumar Bafna	Chief Financial Officer	2.8yrs	₹3.98m	no data
S. Namjoshi	Head of Production Units & President of Operations	less than a year	no data	no data
Subodh Pitkar	Vice President of HR & Admin	1.3yrs	no data	no data
Abdul Latif	Company Secretary & Compliance Officer	5.3yrs	₹2.51m	no data
Ajit Gujral	Head of Strategic Development of Crop Protection Business	1.4yrs	no data	no data

2.8yrs

Average Tenure

49yo

Average Age

Experienced Management: 543266's management team is considered experienced (2.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Sadashiv Shetty	Executive Chairman	5.8yrs	₹14.30m	23.26% ₹ 3.0b
Raghuram Shetty	MD & Director	29.6yrs	₹56.10m	34.81% ₹ 4.5b
Raunak Shetty	Whole-Time Director	6.3yrs	₹3.00m	1.59% ₹ 205.9m
Shriraj Shetty	Whole-Time Director	2.4yrs	₹3.00m	2.11% ₹ 272.6m
Ganesh Vanmali	Independent Director	5.7yrs	no data	no data
Anil Kumar Marlecha	Independent Director	5.7yrs	no data	no data
Mulky Shetty	Independent Director	5.8yrs	no data	0% ₹ 0
Reshma Wadkar	Non Executive Independent Woman Director	2.4yrs	no data	no data

5.7yrs

Average Tenure

53yo

Average Age

Experienced Board: 543266's board of directors are considered experienced (5.7 years average tenure).

Heranba Industries Management

Management criteria checks 3/4

Key information

Recent management updates

Heranba Industries Limited Appoints S. D. Namjoshi as Head Production Units

Heranba Industries Limited, Annual General Meeting, Aug 24, 2023

MD & Director recently bought ₹2.0m worth of stock

Heranba Industries Limited Appoints Ajit Gujral as Head - Strategic Development for Crop Protection Business

Heranba Industries Limited Announces Resignation of Board of Directors

MD & Director recently bought ₹561k worth of stock

Recent updates

Investor sentiment improves as stock rises 17%

Third quarter 2024 earnings released: EPS: ₹3.48 (vs ₹3.16 in 3Q 2023)

Heranba Industries Limited to Report Q3, 2024 Results on Feb 09, 2024

New major risk - Revenue and earnings growth

Second quarter 2024 earnings released: EPS: ₹6.73 (vs ₹11.78 in 2Q 2023)

Heranba Industries Limited to Report Q2, 2024 Results on Nov 02, 2023

Heranba Industries Limited Approves Final Dividend for the Year Ended March 31, 2023

Heranba Industries Limited Appoints S. D. Namjoshi as Head Production Units

Heranba Industries Limited to Report Q1, 2024 Results on Aug 12, 2023

Heranba Industries Limited, Annual General Meeting, Aug 24, 2023

Full year 2023 earnings released: EPS: ₹26.08 (vs ₹47.25 in FY 2022)

Heranba Industries Limited to Report Q4, 2023 Results on May 30, 2023

Investor sentiment improves as stock rises 18%

MD & Director recently bought ₹2.0m worth of stock

Investor sentiment deteriorates as stock falls 31%

Third quarter 2023 earnings released: EPS: ₹3.16 (vs ₹13.37 in 3Q 2022)

Heranba Industries Limited to Report Q3, 2023 Results on Jan 28, 2023

Heranba Industries Limited Appoints Ajit Gujral as Head - Strategic Development for Crop Protection Business

Second quarter 2023 earnings released: EPS: ₹11.78 (vs ₹11.40 in 2Q 2022)

Heranba Industries Limited Announces Resignation of Board of Directors

MD & Director recently bought ₹561k worth of stock

Eranba Industries Limited Announces Resignation of Sujata S Shetty as Executive Director

Less than half of directors are independent

Heranba Industries Limited Announces Resignation of Nimesh S Singh as Director and Member of Risk Management Committee and Other Committees

First quarter 2023 earnings released: EPS: ₹8.36 (vs ₹11.84 in 1Q 2022)

Heranba Industries Limited Announces Change in Directorate

Heranba Industries Limited to Report Q1, 2023 Results on Aug 12, 2022

Heranba Industries Limited Declares Dividend for the Financial Year Ended March 31, 2022

Upcoming dividend of ₹2.00 per share

Full year 2022 earnings released: EPS: ₹47.25 (vs ₹39.40 in FY 2021)

MD & Director recently bought ₹5.1m worth of stock

Heranba Industries Limited Recommends the Final Dividend for the Financial Year Ended March 31, 2022

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Heranba Industries Limited, Annual General Meeting, Jul 15, 2022

Investor sentiment improved over the past week

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Second quarter 2022 earnings released: EPS ₹11.40 (vs ₹11.04 in 2Q 2021)

First quarter 2022 earnings released: EPS ₹11.84 (vs ₹6.72 in 1Q 2021)

Heranba Industries Limited Receives Environmental Clearance for Manufacturing at Sarigram, Gujrat

Chief Financial Officer Maheshwar Godbole has left the company

Full year 2021 earnings released: EPS ₹39.41 (vs ₹25.03 in FY 2020)

Investor sentiment deteriorated over the past week

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age