Ganga Forging Management
Management criteria checks 4/4
Ganga Forging's CEO is Hiralal Tilva, appointed in Apr 2018, has a tenure of 6.08 years. total yearly compensation is ₹2.04M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 21.26% of the company’s shares, worth ₹181.39M. The average tenure of the management team and the board of directors is 6.2 years and 6.4 years respectively.
Key information
Hiralal Tilva
Chief executive officer
₹2.0m
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 6.1yrs |
| CEO ownership | 21.3% |
| Management average tenure | 6.2yrs |
| Board average tenure | 6.4yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | ₹19m |
| Sep 30 2023 | n/a | n/a | ₹18m |
| Jun 30 2023 | n/a | n/a | ₹18m |
| Mar 31 2023 | ₹2m | ₹2m | ₹17m |
| Dec 31 2022 | n/a | n/a | -₹6m |
| Sep 30 2022 | n/a | n/a | -₹49k |
| Jun 30 2022 | n/a | n/a | ₹8m |
| Mar 31 2022 | ₹2m | n/a | ₹10m |
| Dec 31 2021 | n/a | n/a | ₹18m |
| Sep 30 2021 | n/a | n/a | ₹11m |
| Jun 30 2021 | n/a | n/a | ₹4m |
| Mar 31 2021 | ₹2m | ₹2m | ₹1m |
| Dec 31 2020 | n/a | n/a | -₹3m |
| Sep 30 2020 | n/a | n/a | -₹8m |
| Jun 30 2020 | n/a | n/a | -₹15m |
| Mar 31 2020 | ₹2m | ₹2m | -₹21m |
| Dec 31 2019 | n/a | n/a | -₹15m |
| Sep 30 2019 | n/a | n/a | -₹8m |
| Jun 30 2019 | n/a | n/a | -₹2m |
| Mar 31 2019 | ₹2m | ₹2m | ₹5m |
Compensation vs Market: Hiralal's total compensation ($USD24.44K) is below average for companies of similar size in the Indian market ($USD39.30K).
Compensation vs Earnings: Hiralal's compensation has been consistent with company performance over the past year.
CEO
Hiralal Tilva (74 yo)
6.1yrs
Tenure
₹2,040,000
Compensation
Mr. Hiralal Mahidas Tilva serves as the Chairman and Managing Director of Ganga Forging Ltd. since April 2, 2018 and has been its Director since September 28, 1990. Mr. Tilva is one of the Promoters of Gan...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 6.1yrs | ₹2.04m | 21.26% ₹ 181.4m | |
| MD & Executive Director | 6.3yrs | ₹2.40m | 8.14% ₹ 69.4m | |
| Chief Financial Officer | 6.3yrs | ₹360.00k | 2.58% ₹ 22.0m | |
| Company Secretary & Compliance Officer | 3.5yrs | ₹402.00k | no data | |
| Whole-Time Director | no data | no data | 2.48% ₹ 21.1m | |
| Whole-Time Director | no data | ₹398.00k | 4.8% ₹ 40.9m |
6.2yrs
Average Tenure
48yo
Average Age
Experienced Management: GANGAFORGE's management team is seasoned and experienced (6.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 33.7yrs | ₹2.04m | 21.26% ₹ 181.4m | |
| MD & Executive Director | 8.3yrs | ₹2.40m | 8.14% ₹ 69.4m | |
| Whole-Time Director | 6.7yrs | no data | 2.48% ₹ 21.1m | |
| Whole-Time Director | 6.7yrs | ₹398.00k | 4.8% ₹ 40.9m | |
| Independent & Non-Executive Director | 6.2yrs | no data | no data | |
| Independent & Non-Executive Director | 6.1yrs | no data | no data | |
| Non-Executive Independent Director | 2.9yrs | no data | no data | |
| Additional Independent Non - Executive Director | 2.1yrs | no data | no data |
6.4yrs
Average Tenure
50yo
Average Age
Experienced Board: GANGAFORGE's board of directors are considered experienced (6.4 years average tenure).