Premier Explosives Management
Management criteria checks 3/4
Premier Explosives' CEO is Thati, Venkaiah Chowdary, appointed in Feb 2022, has a tenure of 2.25 years. total yearly compensation is ₹12.38M, comprised of 69.3% salary and 30.7% bonuses, including company stock and options. directly owns 0.28% of the company’s shares, worth ₹74.38M. The average tenure of the management team and the board of directors is 3.3 years and 15.9 years respectively.
Key information
Thati, Venkaiah Chowdary
Chief executive officer
₹12.4m
Total compensation
| CEO salary percentage | 69.3% |
| CEO tenure | 2.3yrs |
| CEO ownership | 0.3% |
| Management average tenure | 3.3yrs |
| Board average tenure | 15.9yrs |
Recent management updates
Recent updates
Investors Appear Satisfied With Premier Explosives Limited's (NSE:PREMEXPLN) Prospects As Shares Rocket 33%
Apr 10
Should You Be Adding Premier Explosives (NSE:PREMEXPLN) To Your Watchlist Today?
Apr 09Premier Explosives (NSE:PREMEXPLN) Has A Rock Solid Balance Sheet
Mar 12Premier Explosives Limited's (NSE:PREMEXPLN) Business Is Trailing The Market But Its Shares Aren't
Jan 25Premier Explosives (NSE:PREMEXPLN) Seems To Use Debt Rather Sparingly
Dec 09Premier Explosives' (NSE:PREMEXPLN) Performance Is Even Better Than Its Earnings Suggest
Nov 06Premier Explosives (NSE:PREMEXPLN) Seems To Use Debt Quite Sensibly
Jul 26Return Trends At Premier Explosives (NSE:PREMEXPLN) Aren't Appealing
Jul 10Capital Allocation Trends At Premier Explosives (NSE:PREMEXPLN) Aren't Ideal
Apr 07Is Premier Explosives (NSE:PREMEXPLN) A Risky Investment?
Jul 20Returns On Capital At Premier Explosives (NSE:PREMEXPLN) Paint A Concerning Picture
Jun 02Returns On Capital At Premier Explosives (NSE:PREMEXPLN) Paint A Concerning Picture
Feb 28These 4 Measures Indicate That Premier Explosives (NSE:PREMEXPLN) Is Using Debt Extensively
Jan 20Be Wary Of Premier Explosives (NSE:PREMEXPLN) And Its Returns On Capital
Jun 30How Does Premier Explosives' (NSE:PREMEXPLN) CEO Pay Compare With Company Performance?
Feb 09Tripuraneni Chowdary Is The Deputy MD & Executive Director of Premier Explosives Limited (NSE:PREMEXPLN) And They Just Sold 44% Of Their Shares
Dec 22
Premier Explosives (NSE:PREMEXPLN) Is Making Moderate Use Of Debt
Dec 02Would Premier Explosives (NSE:PREMEXPLN) Be Better Off With Less Debt?
Aug 19Premier Explosives Limited (NSE:PREMEXPLN) Investors Should Think About This Before Buying It For Its Dividend
Jul 09CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | ₹240m |
| Sep 30 2023 | n/a | n/a | ₹229m |
| Jun 30 2023 | n/a | n/a | ₹139m |
| Mar 31 2023 | ₹12m | ₹9m | ₹69m |
| Dec 31 2022 | n/a | n/a | ₹48m |
| Sep 30 2022 | n/a | n/a | ₹48m |
| Jun 30 2022 | n/a | n/a | ₹53m |
| Mar 31 2022 | ₹9m | ₹7m | ₹53m |
| Dec 31 2021 | n/a | n/a | ₹77m |
| Sep 30 2021 | n/a | n/a | ₹16m |
| Jun 30 2021 | n/a | n/a | -₹72m |
| Mar 31 2021 | ₹7m | ₹6m | -₹109m |
| Dec 31 2020 | n/a | n/a | -₹159m |
| Sep 30 2020 | n/a | n/a | -₹197m |
| Jun 30 2020 | n/a | n/a | -₹131m |
| Mar 31 2020 | ₹10m | ₹9m | -₹99m |
| Dec 31 2019 | n/a | n/a | -₹47m |
| Sep 30 2019 | n/a | n/a | ₹100m |
| Jun 30 2019 | n/a | n/a | ₹112m |
| Mar 31 2019 | ₹8m | ₹6m | ₹114m |
| Mar 31 2018 | ₹7m | ₹5m | ₹81m |
Compensation vs Market: Thati, Venkaiah's total compensation ($USD148.56K) is below average for companies of similar size in the Indian market ($USD280.67K).
Compensation vs Earnings: Thati, Venkaiah's compensation has increased by more than 20% in the past year.
CEO
Thati, Venkaiah Chowdary (79 yo)
2.3yrs
Tenure
₹12,378,000
Compensation
Mr. Tripuraneni Venkataswamy Chowdary, also known as Thati, Venkaiah, serves as a Deputy Managing Director at Premier Explosives Limited. Mr. Chowdary served as a Director of Projects at Premier Explosives...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Whole Time Director | 2.3yrs | ₹12.38m | 0.28% ₹ 74.4m | |
| Chief Financial Officer | 3yrs | ₹2.74m | no data | |
| Director of Operations & Whole time Director | 4.8yrs | ₹5.43m | no data | |
| Vice President of Accounts | no data | ₹1.61m | 0.00093% ₹ 247.7k | |
| Company Secretary & Compliance Officer | 3.7yrs | ₹1.27m | 0.00097% ₹ 258.4k | |
| President of Marketing | no data | ₹3.06m | 0.00033% ₹ 87.9k | |
| Vice President of Marketing | no data | ₹2.91m | 0.0028% ₹ 743.2k | |
| Vice President of Production | no data | ₹2.05m | no data |
3.3yrs
Average Tenure
58yo
Average Age
Experienced Management: PREMEXPLN's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Whole Time Director | 18.8yrs | ₹12.38m | 0.28% ₹ 74.4m | |
| Director of Operations & Whole time Director | 4.8yrs | ₹5.43m | no data | |
| Non-Executive Independent Director | 16.7yrs | ₹180.00k | no data | |
| Non-Executive Independent Director | 21yrs | ₹210.00k | 0.037% ₹ 9.9m | |
| Non Executive-Non Independent Director | 25yrs | ₹190.00k | 10.86% ₹ 2.9b | |
| Non-Independent Non-Executive Chairman | 44.3yrs | ₹4.78m | 30.48% ₹ 8.1b | |
| Non-Executive Independent Director | 15.1yrs | ₹100.00k | no data | |
| Non-Executive Independent Director | 15.1yrs | ₹130.00k | no data | |
| Additional Non-Executive Non-Independent Director | 2.3yrs | ₹20.00k | no data | |
| Independent Director | 7.5yrs | ₹80.00k | 0.018% ₹ 4.9m |
15.9yrs
Average Tenure
77yo
Average Age
Experienced Board: PREMEXPLN's board of directors are seasoned and experienced ( 15.9 years average tenure).