Ratnaveer Precision Engineering Management
Management criteria checks 1/4
Ratnaveer Precision Engineering's CEO is Vijay Sanghavi, appointed in Oct 2004, has a tenure of 22.67 years. total yearly compensation is ₹12.32M, comprised of 43.8% salary and 56.2% bonuses, including company stock and options. directly owns 50.72% of the company’s shares, worth ₹5.00B. The average tenure of the management team and the board of directors is 4 years and 2.3 years respectively.
Key information
Vijay Sanghavi
Chief executive officer
₹12.3m
Total compensation
| CEO salary percentage | 43.8% |
| CEO tenure | 20yrs |
| CEO ownership | 50.7% |
| Management average tenure | 4yrs |
| Board average tenure | 2.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | ₹354m |
| Mar 31 2024 | ₹12m | ₹5m | ₹311m |
| Dec 31 2023 | n/a | n/a | ₹341m |
| Sep 30 2023 | n/a | n/a | ₹288m |
| Jun 30 2023 | n/a | n/a | ₹278m |
| Mar 31 2023 | ₹5m | n/a | ₹250m |
| Mar 31 2022 | ₹4m | ₹3m | ₹95m |
| Mar 31 2021 | ₹5m | n/a | ₹55m |
| Mar 31 2020 | ₹5m | n/a | ₹72m |
Compensation vs Market: Vijay's total compensation ($USD146.69K) is above average for companies of similar size in the Indian market ($USD42.95K).
Compensation vs Earnings: Vijay's compensation has increased by more than 20% in the past year.
CEO
Vijay Sanghavi (47 yo)
20yrs
Tenure
₹12,318,244
Compensation
Mr. Vijay Ramanlal Sanghavi is the Chairperson and Managing Director at Ratnaveer Precision Engineering Limited since October 01, 2004 and serves as its Executive Director since February 20, 2002 and serve...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CFO & Chairperson | 20yrs | ₹12.32m | 50.72% ₹ 5.0b | |
| Whole Time Director | 5.3yrs | ₹841.85k | no data | |
| Chief Operating Officer | no data | no data | no data | |
| Company Secretary & Compliance Officer | less than a year | no data | no data | |
| Vice President of Marketing | 2.8yrs | no data | no data | |
| Head of Business & Operations | no data | no data | no data |
4.0yrs
Average Tenure
62yo
Average Age
Experienced Management: 543978's management team is considered experienced (4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CFO & Chairperson | 22.7yrs | ₹12.32m | 50.72% ₹ 5.0b | |
| Whole Time Director | 13.3yrs | ₹841.85k | no data | |
| Non-Executive Non-Independent Director | 2.1yrs | ₹110.00k | no data | |
| Non-Executive Independent Director | 2.5yrs | ₹180.00k | no data | |
| Independent Director | less than a year | ₹27.50k | no data | |
| Independent Director | less than a year | no data | no data |
2.3yrs
Average Tenure
55yo
Average Age
Experienced Board: 543978's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.