Garware Hi-Tech Films Management
Management criteria checks 3/4
We currently do not have sufficient information about the CEO.
Key information
Shashikant Garware
Chief executive officer
₹72.3m
Total compensation
| CEO salary percentage | 93.0% |
| CEO tenure | 66.9yrs |
| CEO ownership | 43.2% |
| Management average tenure | 4.6yrs |
| Board average tenure | 16yrs |
Recent management updates
Recent updates
Garware Hi-Tech Films Limited (NSE:GRWRHITECH) Surges 27% Yet Its Low P/E Is No Reason For Excitement
Feb 24
Is Garware Hi-Tech Films (NSE:GRWRHITECH) A Risky Investment?
Feb 09Garware Hi-Tech Films Limited (NSE:GRWRHITECH) Screens Well But There Might Be A Catch
Jan 09Garware Hi-Tech Films (NSE:GRWRHITECH) Is Paying Out A Dividend Of ₹10.00
Sep 11Garware Hi-Tech Films' (NSE:GRWRHITECH) Dividend Will Be ₹10.00
Aug 28Garware Hi-Tech Films (NSE:GRWRHITECH) Will Pay A Dividend Of ₹10.00
Aug 14Garware Hi-Tech Films (NSE:GRWRHITECH) Might Have The Makings Of A Multi-Bagger
Jul 29Returns At Garware Hi-Tech Films (NSE:GRWRHITECH) Are On The Way Up
Mar 18Garware Hi-Tech Films (NSE:GRWRHITECH) Strong Profits May Be Masking Some Underlying Issues
Nov 19Market Still Lacking Some Conviction On Garware Hi-Tech Films Limited (NSE:GRWRHITECH)
Feb 28CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | ₹2b |
| Sep 30 2023 | n/a | n/a | ₹2b |
| Jun 30 2023 | n/a | n/a | ₹2b |
| Mar 31 2023 | ₹72m | ₹67m | ₹2b |
| Dec 31 2022 | n/a | n/a | ₹2b |
| Sep 30 2022 | n/a | n/a | ₹2b |
| Jun 30 2022 | n/a | n/a | ₹2b |
| Mar 31 2022 | ₹88m | ₹62m | ₹2b |
| Dec 31 2021 | n/a | n/a | ₹2b |
| Sep 30 2021 | n/a | n/a | ₹2b |
| Jun 30 2021 | n/a | n/a | ₹1b |
| Mar 31 2021 | ₹74m | ₹38m | ₹1b |
| Dec 31 2020 | n/a | n/a | ₹1b |
| Sep 30 2020 | n/a | n/a | ₹838m |
| Jun 30 2020 | n/a | n/a | ₹728m |
| Mar 31 2020 | ₹57m | ₹51m | ₹860m |
| Dec 31 2019 | n/a | n/a | ₹820m |
| Sep 30 2019 | n/a | n/a | ₹851m |
| Jun 30 2019 | n/a | n/a | ₹834m |
| Mar 31 2019 | ₹50m | ₹46m | ₹817m |
| Mar 31 2018 | ₹41m | ₹41m | ₹331m |
Compensation vs Market: Shashikant's total compensation ($USD866.87K) is above average for companies of similar size in the Indian market ($USD268.08K).
Compensation vs Earnings: Shashikant's compensation has been consistent with company performance over the past year.
CEO
Shashikant Garware (89 yo)
66.9yrs
Tenure
₹72,269,000
Compensation
Dr. Shashikant Bhalchandra Garware serves as the Chairman and Managing Director of Garware Hi-Tech Films Limited (formerly known as Garware Polyester Limited) and serves its Executive Director since June 6...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | no data | ₹72.27m | 43.18% ₹ 18.1b | |
| Vice Chairperson & Joint MD | 35.2yrs | ₹69.46m | 3.62% ₹ 1.5b | |
| Joint Managing Director | 2.3yrs | ₹46.21m | 3.62% ₹ 1.5b | |
| Chief Financial Officer | 4.5yrs | ₹7.42m | no data | |
| VP of Legal | 4.8yrs | ₹8.79m | no data | |
| Additional Whole-Time Director | no data | ₹3.33m | no data |
4.6yrs
Average Tenure
64yo
Average Age
Experienced Management: GRWRHITECH's management team is considered experienced (4.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 66.9yrs | ₹72.27m | 43.18% ₹ 18.1b | |
| Vice Chairperson & Joint MD | 35.2yrs | ₹69.46m | 3.62% ₹ 1.5b | |
| Additional Whole-Time Director | 16.8yrs | ₹3.33m | no data | |
| Non-Executive & Non-Independent Director | 17.3yrs | ₹80.00k | 1.16% ₹ 485.5m | |
| Independent Non-Executive Director | 15.1yrs | ₹262.50k | no data | |
| Independent Non-Executive Director | 9.5yrs | ₹175.00k | no data | |
| Independent Non-Executive Director | 5.8yrs | ₹155.00k | no data | |
| Independent Woman Director | 3.9yrs | ₹120.00k | no data |
16.0yrs
Average Tenure
67.5yo
Average Age
Experienced Board: GRWRHITECH's board of directors are seasoned and experienced ( 16 years average tenure).