Hitech Management
Management criteria checks 3/4
Hitech's CEO is Malav Dani, appointed in Nov 2012, has a tenure of 16.75 years. total yearly compensation is ₹8.67M, comprised of 53.9% salary and 46.1% bonuses, including company stock and options. directly owns 0.31% of the company’s shares, worth ₹12.95M. The average tenure of the management team and the board of directors is 5.3 years and 7 years respectively.
Key information
Malav Dani
Chief executive officer
₹8.7m
Total compensation
| CEO salary percentage | 53.9% |
| CEO tenure | 12yrs |
| CEO ownership | 0.3% |
| Management average tenure | 5.3yrs |
| Board average tenure | 7yrs |
Recent management updates
Recent updates
Little Excitement Around Hitech Corporation Limited's (NSE:HITECHCORP) Earnings As Shares Take 26% Pounding
Nov 14
Estimating The Fair Value Of Hitech Corporation Limited (NSE:HITECHCORP)
Oct 22Hitech Corporation Limited (NSE:HITECHCORP) Stock Catapults 26% Though Its Price And Business Still Lag The Market
Sep 29Increases to CEO Compensation Might Be Put On Hold For Now at Hitech Corporation Limited (NSE:HITECHCORP)
Jul 19Cautious Investors Not Rewarding Hitech Corporation Limited's (NSE:HITECHCORP) Performance Completely
Apr 23Is Hitech (NSE:HITECHCORP) Using Too Much Debt?
Feb 15Hitech (NSE:HITECHCORP) Is Investing Its Capital With Increasing Efficiency
Dec 24Hitech (NSE:HITECHCORP) Has Affirmed Its Dividend Of ₹1.00
Jun 24Is Hitech (NSE:HITECHCORP) Using Too Much Debt?
Jun 10With EPS Growth And More, Hitech (NSE:HITECHCORP) Is Interesting
Feb 23We Think Hitech (NSE:HITECHCORP) Can Stay On Top Of Its Debt
Dec 28Investors Shouldn't Overlook Hitech's (NSE:HITECHCORP) Impressive Returns On Capital
Dec 07Calculating The Fair Value Of Hitech Corporation Limited (NSE:HITECHCORP)
Sep 13Hitech (NSE:HITECHCORP) Seems To Use Debt Quite Sensibly
Aug 23We Think You Should Be Aware Of Some Concerning Factors In Hitech's (NSE:HITECHCORP) Earnings
May 30Estimating The Fair Value Of Hitech Corporation Limited (NSE:HITECHCORP)
May 05Is Hitech (NSE:HITECHCORP) Likely To Turn Things Around?
Mar 11Hitech Corporation Limited's (NSE:HITECHCORP) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?
Feb 12Is Hitech (NSE:HITECHCORP) A Risky Investment?
Jan 17How Much is Hitech's (NSE:HITECHCORP) CEO Getting Paid?
Sep 14Does Hitech (NSE:HITECHCORP) Have A Healthy Balance Sheet?
Aug 02CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | ₹158m |
| Jun 30 2024 | n/a | n/a | ₹182m |
| Mar 31 2024 | ₹9m | ₹5m | ₹220m |
| Dec 31 2023 | n/a | n/a | ₹242m |
| Sep 30 2023 | n/a | n/a | ₹243m |
| Jun 30 2023 | n/a | n/a | ₹297m |
| Mar 31 2023 | ₹9m | ₹5m | ₹283m |
| Dec 31 2022 | n/a | n/a | ₹278m |
| Sep 30 2022 | n/a | n/a | ₹370m |
| Jun 30 2022 | n/a | n/a | ₹362m |
| Mar 31 2022 | n/a | n/a | ₹374m |
| Dec 31 2021 | n/a | n/a | ₹415m |
| Sep 30 2021 | n/a | n/a | ₹341m |
| Jun 30 2021 | n/a | n/a | ₹308m |
| Mar 31 2021 | ₹1m | ₹1 | ₹170m |
| Dec 31 2020 | n/a | n/a | ₹48m |
| Sep 30 2020 | n/a | n/a | -₹5m |
| Jun 30 2020 | n/a | n/a | -₹60m |
| Mar 31 2020 | ₹5m | ₹4m | ₹24m |
| Dec 31 2019 | n/a | n/a | ₹17m |
| Sep 30 2019 | n/a | n/a | ₹142m |
| Jun 30 2019 | n/a | n/a | ₹165m |
| Mar 31 2019 | ₹5m | ₹4m | ₹164m |
| Dec 31 2018 | n/a | n/a | ₹219m |
| Sep 30 2018 | n/a | n/a | ₹106m |
| Jun 30 2018 | n/a | n/a | ₹89m |
| Mar 31 2018 | ₹5m | ₹4m | ₹78m |
Compensation vs Market: Malav's total compensation ($USD102.72K) is above average for companies of similar size in the Indian market ($USD42.70K).
Compensation vs Earnings: Malav's compensation has been consistent with company performance over the past year.
CEO
Malav Dani (49 yo)
12yrs
Tenure
₹8,671,408
Compensation
Mr. Malav Ashwin Dani has been the Managing Director of Hitech Corporation Limited since November 3, 2012. Mr. Dani served as Joint Managing Director of Hitech Plast Ltd. from August 5, 2011 to November 2,...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 12yrs | ₹8.67m | 0.31% ₹ 12.8m | |
| Chief Financial Officer | 5.3yrs | ₹3.53m | no data | |
| Company Secretary & Compliance Officer | 1.4yrs | ₹1.36m | no data | |
| Whole Time Director | 8.7yrs | ₹3.07m | no data | |
| Sr. Manager of Accounts & Taxation | no data | no data | no data | |
| Vice President of Technology Centre | 4.7yrs | ₹3.15m | no data | |
| General Manager of HR & IR | no data | no data | no data | |
| Head of Commercial | no data | no data | no data | |
| Plant Head -Silvassa Region | no data | no data | no data | |
| Head of Operations All Plant | no data | no data | no data |
5.3yrs
Average Tenure
57yo
Average Age
Experienced Management: HITECHCORP's management team is seasoned and experienced (5.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 16.8yrs | ₹8.67m | 0.31% ₹ 12.8m | |
| Whole Time Director | 8.7yrs | ₹3.07m | no data | |
| Non-Executive Vice-Chairperson | 14.8yrs | ₹150.00k | 1.7% ₹ 69.1m | |
| Non-Executive Independent Director | 8.5yrs | ₹920.00k | no data | |
| Non Executive Independent Director | 5.4yrs | ₹520.00k | no data | |
| Non-Executive Independent Director | 4.8yrs | ₹950.00k | no data | |
| Non-Executive Independent Director | less than a year | ₹210.00k | no data | |
| Non-Executive Independent Director | less than a year | ₹210.00k | no data |
7.0yrs
Average Tenure
63yo
Average Age
Experienced Board: HITECHCORP's board of directors are considered experienced (7 years average tenure).