Garware Hi-Tech Films Management
Management criteria checks 2/4
We currently do not have sufficient information about the CEO.
Key information
Shashikant Garware
Chief executive officer
₹81.5m
Total compensation
| CEO salary percentage | 90.2% |
| CEO tenure | 67.4yrs |
| CEO ownership | 43.2% |
| Management average tenure | 1.9yrs |
| Board average tenure | 3.5yrs |
Recent management updates
Recent updates
Garware Hi-Tech Films (NSE:GRWRHITECH) Is Doing The Right Things To Multiply Its Share Price
Nov 06
Subdued Growth No Barrier To Garware Hi-Tech Films Limited (NSE:GRWRHITECH) With Shares Advancing 27%
Oct 16Garware Hi-Tech Films (NSE:GRWRHITECH) Seems To Use Debt Rather Sparingly
Oct 01Garware Hi-Tech Films (NSE:GRWRHITECH) Has Announced A Dividend Of ₹10.00
Sep 03With EPS Growth And More, Garware Hi-Tech Films (NSE:GRWRHITECH) Makes An Interesting Case
Aug 30Improved Earnings Required Before Garware Hi-Tech Films Limited (NSE:GRWRHITECH) Stock's 36% Jump Looks Justified
Aug 10Investors Will Want Garware Hi-Tech Films' (NSE:GRWRHITECH) Growth In ROCE To Persist
Jul 13The Market Doesn't Like What It Sees From Garware Hi-Tech Films Limited's (NSE:GRWRHITECH) Earnings Yet
May 31Garware Hi-Tech Films Limited (NSE:GRWRHITECH) Surges 27% Yet Its Low P/E Is No Reason For Excitement
Feb 24Is 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 |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | ₹3b |
| Jun 30 2024 | n/a | n/a | ₹2b |
| Mar 31 2024 | ₹82m | ₹73m | ₹2b |
| 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 ($USD966.83K) is above average for companies of similar size in the Indian market ($USD482.59K).
Compensation vs Earnings: Shashikant's compensation has been consistent with company performance over the past year.
CEO
Shashikant Garware (90 yo)
67.4yrs
Tenure
₹81,513,000
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 | ₹81.51m | 43.18% ₹ 47.6b | |
| Vice Chairperson & Joint MD | 35.7yrs | ₹78.51m | 3.62% ₹ 4.0b | |
| Joint MD & Director | 2.5yrs | ₹61.49m | 3.62% ₹ 4.0b | |
| WholeTime Director & Director of Technical | 1.3yrs | ₹15.22m | 0.000020% ₹ 22.0k | |
| VP of Legal | 5.3yrs | ₹9.54m | no data | |
| Chief Financial Officer | less than a year | no data | no data | |
| President of Corporate Affairs & Finance | no data | no data | no data | |
| Senior President of Corporate Affairs & Finance | less than a year | no data | no data |
1.9yrs
Average Tenure
65yo
Average Age
Experienced Management: GRWRHITECH's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 67.4yrs | ₹81.51m | 43.18% ₹ 47.6b | |
| Vice Chairperson & Joint MD | 35.7yrs | ₹78.51m | 3.62% ₹ 4.0b | |
| Joint MD & Director | 2.5yrs | ₹61.49m | 3.62% ₹ 4.0b | |
| WholeTime Director & Director of Technical | 1.3yrs | ₹15.22m | 0.000020% ₹ 22.0k | |
| Non-Executive & Non-Independent Director | 17.8yrs | ₹100.00k | 1.16% ₹ 1.3b | |
| Independent Non-Executive Director | 15.6yrs | ₹282.50k | no data | |
| Independent Non-Executive Director | 6.3yrs | ₹192.50k | no data | |
| Independent Woman Director | 4.4yrs | ₹120.00k | no data | |
| Non-Executive & Independent Director | less than a year | no data | no data | |
| Independent Non Executive Director | less than a year | no data | no data | |
| Independent Non Executive Director | less than a year | no data | no data | |
| Independent Non Executive Director | less than a year | no data | no data |
3.5yrs
Average Tenure
61yo
Average Age
Experienced Board: GRWRHITECH's board of directors are considered experienced (3.5 years average tenure).