Pennar Industries Management
Management criteria checks 4/4
Pennar Industries' CEO is Aditya Rao, appointed in Feb 2014, has a tenure of 10.25 years. total yearly compensation is ₹12.36M, comprised of 72.4% salary and 27.6% bonuses, including company stock and options. directly owns 6.59% of the company’s shares, worth ₹1.20B. The average tenure of the management team and the board of directors is 8.1 years and 5.9 years respectively.
Key information
Aditya Rao
Chief executive officer
₹12.4m
Total compensation
| CEO salary percentage | 72.4% |
| CEO tenure | 10.3yrs |
| CEO ownership | 6.6% |
| Management average tenure | 8.1yrs |
| Board average tenure | 5.9yrs |
Recent management updates
Recent updates
Does Pennar Industries (NSE:PENIND) Have A Healthy Balance Sheet?
Mar 12
With EPS Growth And More, Pennar Industries (NSE:PENIND) Makes An Interesting Case
Dec 28Pennar Industries (NSE:PENIND) Has A Pretty Healthy Balance Sheet
Jun 07We Think Pennar Industries (NSE:PENIND) Is Taking Some Risk With Its Debt
Dec 22Is Pennar Industries (NSE:PENIND) Using Too Much Debt?
Jun 17We Think Pennar Industries Limited's (NSE:PENIND) CEO Compensation Package Needs To Be Put Under A Microscope
Sep 23Pennar Industries (NSE:PENIND) Seems To Be Using A Lot Of Debt
Aug 05Estimating The Intrinsic Value Of Pennar Industries Limited (NSE:PENIND)
May 13This Insider Has Just Sold Shares In Pennar Industries Limited (NSE:PENIND)
Mar 21Need To Know: Pennar Industries Limited (NSE:PENIND) Insiders Have Been Selling Shares
Jan 28Here's What We Learned About The CEO Pay At Pennar Industries Limited (NSE:PENIND)
Dec 24Does Pennar Industries (NSE:PENIND) Have A Healthy Balance Sheet?
Nov 19Estimating The Intrinsic Value Of Pennar Industries Limited (NSE:PENIND)
Oct 15How Much Are Pennar Industries Limited (NSE:PENIND) Insiders Spending On Buying Shares?
Sep 11Should You Use Pennar Industries's (NSE:PENIND) Statutory Earnings To Analyse It?
Aug 06CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | ₹931m |
| Sep 30 2023 | n/a | n/a | ₹890m |
| Jun 30 2023 | n/a | n/a | ₹832m |
| Mar 31 2023 | ₹12m | ₹9m | ₹754m |
| Dec 31 2022 | n/a | n/a | ₹686m |
| Sep 30 2022 | n/a | n/a | ₹580m |
| Jun 30 2022 | n/a | n/a | ₹495m |
| Mar 31 2022 | ₹11m | ₹9m | ₹418m |
| Dec 31 2021 | n/a | n/a | ₹588m |
| Sep 30 2021 | n/a | n/a | ₹507m |
| Jun 30 2021 | n/a | n/a | ₹431m |
| Mar 31 2021 | ₹7m | ₹5m | ₹25m |
| Dec 31 2020 | n/a | n/a | -₹300m |
| Sep 30 2020 | n/a | n/a | -₹206m |
| Jun 30 2020 | n/a | n/a | ₹24m |
| Mar 31 2020 | ₹12m | ₹10m | ₹531m |
| Dec 31 2019 | n/a | n/a | ₹763m |
| Sep 30 2019 | n/a | n/a | ₹794m |
| Jun 30 2019 | n/a | n/a | ₹698m |
| Mar 31 2019 | ₹12m | ₹10m | ₹664m |
| Dec 31 2018 | n/a | n/a | ₹750m |
| Sep 30 2018 | n/a | n/a | ₹745m |
| Jun 30 2018 | n/a | n/a | ₹728m |
| Mar 31 2018 | ₹19m | ₹11m | ₹894m |
Compensation vs Market: Aditya's total compensation ($USD148.23K) is about average for companies of similar size in the Indian market ($USD186.42K).
Compensation vs Earnings: Aditya's compensation has been consistent with company performance over the past year.
CEO
Aditya Rao (42 yo)
10.3yrs
Tenure
₹12,358,000
Compensation
Mr. Aditya Narsing Rao, B.S., M. Eng., has been Managing Director of Pennar Industries Limited since February 2014 and serves as its Vice Chairman. He has worked on new product development and the developm...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Vice Chairman & MD | 10.3yrs | ₹12.36m | 6.59% ₹ 1.2b | |
| Compliance Officer & Company Secretary | 10.4yrs | ₹1.50m | no data | |
| Executive Director | 6yrs | ₹12.41m | 0.22% ₹ 40.1m | |
| President | no data | ₹6.60m | no data | |
| Chief Financial Officer | less than a year | no data | no data | |
| Chief Operating Officer | no data | ₹5.76m | no data | |
| Deputy General Manager of Human Resources | no data | no data | no data | |
| Executive Vice President | no data | ₹6.11m | no data | |
| Executive Vice President | no data | ₹6.77m | no data | |
| Business Head of Industrial Components | no data | no data | no data | |
| Chief Executive Officer of Engineering Services | no data | no data | no data | |
| Executive Vice President | no data | ₹9.39m | no data |
8.1yrs
Average Tenure
55yo
Average Age
Experienced Management: PENIND's management team is seasoned and experienced (8.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Vice Chairman & MD | 16.3yrs | ₹12.36m | 6.59% ₹ 1.2b | |
| Executive Director | 10yrs | ₹12.41m | 0.22% ₹ 40.1m | |
| Non-Executive Non-Independent Director | 6.5yrs | no data | no data | |
| Non-Executive Independent Director | 13.1yrs | ₹400.00k | no data | |
| Chairman Emeritus | less than a year | ₹15.48m | 11.86% ₹ 2.2b | |
| Non Executive Non-Independent Director | 8.2yrs | ₹400.00k | 0.51% ₹ 92.3m | |
| Non-Executive Independent Director | 5.3yrs | ₹800.00k | no data | |
| Independent Chairman | 2.9yrs | ₹900.00k | no data | |
| Independent Non Executive Director | 1.5yrs | ₹700.00k | no data | |
| Independent Director | less than a year | no data | no data |
5.9yrs
Average Tenure
65yo
Average Age
Experienced Board: PENIND's board of directors are considered experienced (5.9 years average tenure).