Ganga Forging Management
Management criteria checks 4/4
Ganga Forging's CEO is Hiralal Tilva, appointed in Apr 2018, has a tenure of 6.67 years. total yearly compensation is ₹2.04M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 16.79% of the company’s shares, worth ₹151.65M. The average tenure of the management team and the board of directors is 6.8 years and 6.8 years respectively.
Key information
Hiralal Tilva
Chief executive officer
₹2.0m
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 6.7yrs |
| CEO ownership | 16.8% |
| Management average tenure | 6.8yrs |
| Board average tenure | 6.8yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | ₹7m |
| Jun 30 2024 | n/a | n/a | ₹5m |
| Mar 31 2024 | ₹2m | ₹2m | ₹4m |
| 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 ($USD24.01K) is below average for companies of similar size in the Indian market ($USD42.37K).
Compensation vs Earnings: Hiralal's compensation has been consistent with company performance over the past year.
CEO
Hiralal Tilva (75 yo)
6.7yrs
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 | 6.7yrs | ₹2.04m | 16.79% ₹ 151.6m | |
| MD & Executive Director | 6.8yrs | ₹1.92m | 6.43% ₹ 58.0m | |
| Chief Financial Officer | 6.8yrs | ₹360.00k | 2.04% ₹ 18.4m | |
| Company Secretary & Compliance Officer | 4.1yrs | ₹438.50k | no data | |
| Whole-Time Director | no data | ₹480.00k | 1.96% ₹ 17.7m | |
| Whole-Time Director | no data | ₹360.00k | 3.79% ₹ 34.2m |
6.8yrs
Average Tenure
49yo
Average Age
Experienced Management: GANGAFORGE's management team is seasoned and experienced (6.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 34.3yrs | ₹2.04m | 16.79% ₹ 151.6m | |
| MD & Executive Director | 8.9yrs | ₹1.92m | 6.43% ₹ 58.0m | |
| Whole-Time Director | 7.3yrs | ₹480.00k | 1.96% ₹ 17.7m | |
| Whole-Time Director | 7.3yrs | ₹360.00k | 3.79% ₹ 34.2m | |
| Independent & Non-Executive Director | 6.8yrs | no data | no data | |
| Independent & Non-Executive Director | 6.7yrs | no data | no data | |
| Non-Executive Independent Director | 3.5yrs | no data | no data | |
| Additional Independent Non-Executive Director | 2.8yrs | no data | no data | |
| Independent & Non-Executive Director | 1.3yrs | no data | no data |
6.8yrs
Average Tenure
51yo
Average Age
Experienced Board: GANGAFORGE's board of directors are considered experienced (6.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 08:08 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Ganga Forging Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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