Grasim Industries Management
Management criteria checks 3/4
Grasim Industries' CEO is Hari Agarwal, appointed in Dec 2021, has a tenure of 2.42 years. total yearly compensation is ₹99.95M, comprised of 59.9% salary and 40.1% bonuses, including company stock and options. directly owns 0.007% of the company’s shares, worth ₹118.77M. The average tenure of the management team and the board of directors is 2.8 years and 3.9 years respectively.
Key information
Hari Agarwal
Chief executive officer
₹100.0m
Total compensation
| CEO salary percentage | 59.9% |
| CEO tenure | 2.4yrs |
| CEO ownership | 0.007% |
| Management average tenure | 2.8yrs |
| Board average tenure | 3.9yrs |
Recent management updates
Recent updates
Grasim Industries Limited's (NSE:GRASIM) Earnings Are Not Doing Enough For Some Investors
Apr 07
Grasim Industries' (NSE:GRASIM) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Jan 18Grasim Industries (NSE:GRASIM) Has A Somewhat Strained Balance Sheet
Sep 25Grasim Industries' (NSE:GRASIM) Returns On Capital Are Heading Higher
Apr 20Here's Why We Think Grasim Industries (NSE:GRASIM) Is Well Worth Watching
Apr 05Does Grasim Industries (NSE:GRASIM) Have A Healthy Balance Sheet?
Mar 20Grasim Industries (NSE:GRASIM) Is Experiencing Growth In Returns On Capital
Jan 10Do Grasim Industries' (NSE:GRASIM) Earnings Warrant Your Attention?
Dec 27Does Grasim Industries (NSE:GRASIM) Have A Healthy Balance Sheet?
Dec 14With EPS Growth And More, Grasim Industries (NSE:GRASIM) Makes An Interesting Case
Sep 20Does Grasim Industries (NSE:GRASIM) Have A Healthy Balance Sheet?
Jul 06Should You Be Adding Grasim Industries (NSE:GRASIM) To Your Watchlist Today?
Jun 20Does Grasim Industries (NSE:GRASIM) Have A Healthy Balance Sheet?
Mar 28A Look At The Fair Value Of Grasim Industries Limited (NSE:GRASIM)
Feb 16We Think Grasim Industries (NSE:GRASIM) Is Taking Some Risk With Its Debt
Dec 17If You Like EPS Growth Then Check Out Grasim Industries (NSE:GRASIM) Before It's Too Late
Nov 18Grasim Industries Limited (NSE:GRASIM) Shares Could Be 49% Below Their Intrinsic Value Estimate
Oct 30Does Grasim Industries (NSE:GRASIM) Have A Healthy Balance Sheet?
Sep 17Is Now The Time To Put Grasim Industries (NSE:GRASIM) On Your Watchlist?
Aug 20Increases to CEO Compensation Might Be Put On Hold For Now at Grasim Industries Limited (NSE:GRASIM)
Aug 20Is It Too Late To Consider Buying Grasim Industries Limited (NSE:GRASIM)?
Jul 29We Think Grasim Industries (NSE:GRASIM) Is Taking Some Risk With Its Debt
Jun 01CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | ₹56b |
| Sep 30 2023 | n/a | n/a | ₹66b |
| Jun 30 2023 | n/a | n/a | ₹65b |
| Mar 31 2023 | ₹100m | ₹60m | ₹68b |
| Dec 31 2022 | n/a | n/a | ₹78b |
| Sep 30 2022 | n/a | n/a | ₹70b |
| Jun 30 2022 | n/a | n/a | ₹73b |
| Mar 31 2022 | ₹45m | ₹45m | ₹70b |
Compensation vs Market: Hari's total compensation ($USD1.20M) is about average for companies of similar size in the Indian market ($USD940.55K).
Compensation vs Earnings: Hari's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Hari Agarwal (64 yo)
2.4yrs
Tenure
₹99,953,000
Compensation
Mr. Hari Krishna Agarwal serves as Director of Grasim Industries Limited and serves as its Managing Director since December 1, 2021. Mr. Agarwal served as Chief Operating Officer of Thai Rayon Public Compa...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 2.4yrs | ₹99.95m | 0.0072% ₹ 118.8m | |
| Chief Financial Officer | 1.8yrs | ₹17.62m | 0.0032% ₹ 52.6m | |
| Company Secretary & Compliance Officer | 3.1yrs | ₹14.74m | no data | |
| President | no data | no data | no data | |
| Senior President of Corporate Finance Division | no data | no data | 0.0024% ₹ 39.8m | |
| Executive Officer of Administration | no data | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Group Executive President of Corporate Communications & CSR | no data | no data | no data | |
| Global Chief Sales & Marketing Officer and Group Executive President of Pulp & Fibre Business | no data | no data | no data | |
| Executive President of Chemical Business | no data | ₹8.31m | no data | |
| Business Head of Cement | 8yrs | ₹43.04m | 0.038% ₹ 616.9m | |
| Chief Technology Officer of Fibre & Pulp Business | no data | no data | 0.0038% ₹ 62.3m |
2.8yrs
Average Tenure
66yo
Average Age
Experienced Management: GRASIM's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 2.4yrs | ₹99.95m | 0.0072% ₹ 118.8m | |
| Independent Director | 13.8yrs | ₹3.37m | no data | |
| Independent Director | 23.8yrs | ₹1.04m | no data | |
| Non-Executive Chairman | 31.6yrs | ₹420.00k | 0.20% ₹ 3.3b | |
| Non Executive Director | 28.2yrs | ₹14.69m | 0.081% ₹ 1.3b | |
| Independent Director | 3yrs | ₹3.85m | 0.010% ₹ 168.2m | |
| Independent Director | 5.8yrs | ₹3.42m | no data | |
| Non-Executive Director | less than a year | ₹38.07m | no data | |
| Non-Executive Director | 2.5yrs | ₹1.50m | no data | |
| Non-Executive Independent Director | 4.8yrs | ₹3.89m | no data | |
| Independent Director | 3yrs | ₹3.61m | no data | |
| Non-Executive Director | 1.3yrs | ₹300.00k | no data |
3.9yrs
Average Tenure
65yo
Average Age
Experienced Board: GRASIM's board of directors are considered experienced (3.9 years average tenure).