Hitech Corporation Limited

NSEI:HITECHCORP Stock Report

Market Cap: ₹4.0b

Hitech Management

Management criteria checks 2/4

Hitech's CEO is Malav Dani, appointed in Nov 2012, has a tenure of 11.5 years. total yearly compensation is ₹8.54M, comprised of 59% salary and 41% bonuses, including company stock and options. directly owns 0.31% of the company’s shares, worth ₹12.68M. The average tenure of the management team and the board of directors is 4.8 years and 8 years respectively.

Key information

Malav Dani

Chief executive officer

₹8.5m

Total compensation

CEO salary percentage59.0%
CEO tenure11.5yrs
CEO ownership0.3%
Management average tenure4.8yrs
Board average tenure8yrs

Recent management updates

Recent updates

Cautious Investors Not Rewarding Hitech Corporation Limited's (NSE:HITECHCORP) Performance Completely

Apr 23
Cautious Investors Not Rewarding Hitech Corporation Limited's (NSE:HITECHCORP) Performance Completely

Is Hitech (NSE:HITECHCORP) Using Too Much Debt?

Feb 15
Is Hitech (NSE:HITECHCORP) Using Too Much Debt?

Hitech (NSE:HITECHCORP) Is Investing Its Capital With Increasing Efficiency

Dec 24
Hitech (NSE:HITECHCORP) Is Investing Its Capital With Increasing Efficiency

Hitech (NSE:HITECHCORP) Has Affirmed Its Dividend Of ₹1.00

Jun 24
Hitech (NSE:HITECHCORP) Has Affirmed Its Dividend Of ₹1.00

Is Hitech (NSE:HITECHCORP) Using Too Much Debt?

Jun 10
Is Hitech (NSE:HITECHCORP) Using Too Much Debt?

With EPS Growth And More, Hitech (NSE:HITECHCORP) Is Interesting

Feb 23
With EPS Growth And More, Hitech (NSE:HITECHCORP) Is Interesting

We Think Hitech (NSE:HITECHCORP) Can Stay On Top Of Its Debt

Dec 28
We Think Hitech (NSE:HITECHCORP) Can Stay On Top Of Its Debt

Investors Shouldn't Overlook Hitech's (NSE:HITECHCORP) Impressive Returns On Capital

Dec 07
Investors Shouldn't Overlook Hitech's (NSE:HITECHCORP) Impressive Returns On Capital

Calculating The Fair Value Of Hitech Corporation Limited (NSE:HITECHCORP)

Sep 13
Calculating The Fair Value Of Hitech Corporation Limited (NSE:HITECHCORP)

Hitech (NSE:HITECHCORP) Seems To Use Debt Quite Sensibly

Aug 23
Hitech (NSE:HITECHCORP) Seems To Use Debt Quite Sensibly

We Think You Should Be Aware Of Some Concerning Factors In Hitech's (NSE:HITECHCORP) Earnings

May 30
We Think You Should Be Aware Of Some Concerning Factors In Hitech's (NSE:HITECHCORP) Earnings

Estimating The Fair Value Of Hitech Corporation Limited (NSE:HITECHCORP)

May 05
Estimating The Fair Value Of Hitech Corporation Limited (NSE:HITECHCORP)

Is Hitech (NSE:HITECHCORP) Likely To Turn Things Around?

Mar 11
Is Hitech (NSE:HITECHCORP) Likely To Turn Things Around?

Hitech Corporation Limited's (NSE:HITECHCORP) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?

Feb 12
Hitech Corporation Limited's (NSE:HITECHCORP) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?

Is Hitech (NSE:HITECHCORP) A Risky Investment?

Jan 17
Is Hitech (NSE:HITECHCORP) A Risky Investment?

How Much is Hitech's (NSE:HITECHCORP) CEO Getting Paid?

Sep 14
How Much is Hitech's (NSE:HITECHCORP) CEO Getting Paid?

Does Hitech (NSE:HITECHCORP) Have A Healthy Balance Sheet?

Aug 02
Does Hitech (NSE:HITECHCORP) Have A Healthy Balance Sheet?

CEO Compensation Analysis

How has Malav Dani's remuneration changed compared to Hitech's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

₹242m

Sep 30 2023n/an/a

₹243m

Jun 30 2023n/an/a

₹297m

Mar 31 2023₹9m₹5m

₹283m

Dec 31 2022n/an/a

₹278m

Sep 30 2022n/an/a

₹370m

Jun 30 2022n/an/a

₹362m

Mar 31 2022n/an/a

₹374m

Dec 31 2021n/an/a

₹415m

Sep 30 2021n/an/a

₹341m

Jun 30 2021n/an/a

₹308m

Mar 31 2021₹1m₹1

₹170m

Dec 31 2020n/an/a

₹48m

Sep 30 2020n/an/a

-₹5m

Jun 30 2020n/an/a

-₹60m

Mar 31 2020₹5m₹4m

₹24m

Dec 31 2019n/an/a

₹17m

Sep 30 2019n/an/a

₹142m

Jun 30 2019n/an/a

₹165m

Mar 31 2019₹5m₹4m

₹164m

Dec 31 2018n/an/a

₹219m

Sep 30 2018n/an/a

₹106m

Jun 30 2018n/an/a

₹89m

Mar 31 2018₹5m₹4m

₹78m

Compensation vs Market: Malav's total compensation ($USD102.29K) is above average for companies of similar size in the Indian market ($USD39.30K).

Compensation vs Earnings: Malav's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Malav Dani (48 yo)

11.5yrs

Tenure

₹8,538,009

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

NamePositionTenureCompensationOwnership
Malav Dani
MD & Director11.5yrs₹8.54m0.31%
₹ 12.7m
Avan Chaina
Chief Financial Officer4.8yrs₹3.58mno data
Mehernosh Mehta
Whole Time Director8.2yrs₹2.67mno data
Vijay Chauhan
Sr. Manager of Accounts & Taxationno datano datano data
VSR Anjaneyulu
Vice President of Technology Centre4.2yrs₹3.15mno data
Ashish Roongta
Company Secretary & Compliance Officerless than a yearno datano data
Ketan Sarda
Head of Commercialno datano datano data
Rabindra Sahoo
Plant Head -Silvassa Regionno datano datano data

4.8yrs

Average Tenure

56yo

Average Age

Experienced Management: HITECHCORP's management team is considered experienced (4.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Malav Dani
MD & Director16.3yrs₹8.54m0.31%
₹ 12.7m
Mehernosh Mehta
Whole Time Director8.2yrs₹2.67mno data
Ina Dani
Non-Executive Director14.3yrs₹30.00k1.7%
₹ 68.4m
Bomi Chinoy
Non-Executive Independent Director8yrs₹760.00kno data
Aditya Sheth
Non Executive Independent Director4.9yrs₹260.00kno data
Kalpana Merchant
Additional Non-Executive Independent Director4.3yrs₹730.00kno data
Prakash Trivedi
Independent Non-Executive Directorless than a yearno datano data

8.0yrs

Average Tenure

62yo

Average Age

Experienced Board: HITECHCORP's board of directors are considered experienced (8 years average tenure).

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