Steelcast Management

Management criteria checks 2/4

Steelcast's CEO is Chetankumar Tamboli, appointed in Jan 2003, has a tenure of 21.83 years. total yearly compensation is ₹50.72M, comprised of 13.5% salary and 86.5% bonuses, including company stock and options. directly owns 20.53% of the company’s shares, worth ₹3.32B. The average tenure of the management team and the board of directors is 3 years and 2.2 years respectively.

Key information

Chetankumar Tamboli

Chief executive officer

₹50.7m

Total compensation

CEO salary percentage13.5%
CEO tenure21.8yrs
CEO ownership20.5%
Management average tenure3yrs
Board average tenure2.2yrs

Recent management updates

Recent updates

Steelcast (NSE:STEELCAS) Has Affirmed Its Dividend Of ₹1.35

Nov 14
Steelcast (NSE:STEELCAS) Has Affirmed Its Dividend Of ₹1.35

Even With A 26% Surge, Cautious Investors Are Not Rewarding Steelcast Limited's (NSE:STEELCAS) Performance Completely

Sep 15
Even With A 26% Surge, Cautious Investors Are Not Rewarding Steelcast Limited's (NSE:STEELCAS) Performance Completely

Steelcast (NSE:STEELCAS) Is Reinvesting To Multiply In Value

Sep 09
Steelcast (NSE:STEELCAS) Is Reinvesting To Multiply In Value

Steelcast (NSE:STEELCAS) Will Pay A Dividend Of ₹1.35

Aug 11
Steelcast (NSE:STEELCAS) Will Pay A Dividend Of ₹1.35

Steelcast (NSE:STEELCAS) Is Increasing Its Dividend To ₹3.15

Jul 18
Steelcast (NSE:STEELCAS) Is Increasing Its Dividend To ₹3.15

Steelcast's (NSE:STEELCAS) Dividend Will Be ₹1.35

Feb 03
Steelcast's (NSE:STEELCAS) Dividend Will Be ₹1.35

We Ran A Stock Scan For Earnings Growth And Steelcast (NSE:STEELCAS) Passed With Ease

Dec 26
We Ran A Stock Scan For Earnings Growth And Steelcast (NSE:STEELCAS) Passed With Ease

Steelcast (NSE:STEELCAS) Is Achieving High Returns On Its Capital

Dec 10
Steelcast (NSE:STEELCAS) Is Achieving High Returns On Its Capital

Steelcast's (NSE:STEELCAS) Earnings Are Of Questionable Quality

May 26
Steelcast's (NSE:STEELCAS) Earnings Are Of Questionable Quality

Pinning Down Steelcast Limited's (NSE:STEELCAS) P/E Is Difficult Right Now

Apr 01
Pinning Down Steelcast Limited's (NSE:STEELCAS) P/E Is Difficult Right Now

CEO Compensation Analysis

How has Chetankumar Tamboli's remuneration changed compared to Steelcast's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹624m

Jun 30 2024n/an/a

₹677m

Mar 31 2024₹51m₹7m

₹750m

Dec 31 2023n/an/a

₹758m

Sep 30 2023n/an/a

₹777m

Jun 30 2023n/an/a

₹767m

Mar 31 2023₹49m₹4m

₹705m

Dec 31 2022n/an/a

₹606m

Sep 30 2022n/an/a

₹499m

Jun 30 2022n/an/a

₹421m

Mar 31 2022₹23m₹4m

₹333m

Dec 31 2021n/an/a

₹281m

Sep 30 2021n/an/a

₹233m

Jun 30 2021n/an/a

₹170m

Mar 31 2021₹7m₹3m

₹120m

Dec 31 2020n/an/a

₹54m

Sep 30 2020n/an/a

₹33m

Jun 30 2020n/an/a

₹39m

Mar 31 2020₹9m₹4m

₹80m

Dec 31 2019n/an/a

₹156m

Sep 30 2019n/an/a

₹213m

Jun 30 2019n/an/a

₹214m

Mar 31 2019₹18m₹4m

₹250m

Dec 31 2018n/an/a

₹282m

Sep 30 2018n/an/a

₹262m

Jun 30 2018n/an/a

₹248m

Mar 31 2018₹9m₹4m

₹209m

Compensation vs Market: Chetankumar's total compensation ($USD600.56K) is above average for companies of similar size in the Indian market ($USD187.40K).

Compensation vs Earnings: Chetankumar's compensation has been consistent with company performance over the past year.


CEO

Chetankumar Tamboli (65 yo)

21.8yrs

Tenure

₹50,723,000

Compensation

Mr. Chetankumar Manmohanbhai Tamboli, M.B.A. (Finance), serves as an Independent & Non-Executive Director at Vadilal Enterprises Limited since August 27, 2020. Mr. Tamboli serves as Independent Director of...


Leadership Team

NamePositionTenureCompensationOwnership
Chetankumar Tamboli
Chairman21.8yrs₹50.72m20.53%
₹ 3.3b
Subhash Sharma
CFO, VP of Finance & Executive Director7.8yrs₹3.13m0.000050%
₹ 8.1k
Ashutosh Shukla
Executive Director of Operations & Executive Director1.8yrs₹3.33mno data
Umeshkumar Bhatt
Company Secretary3yrs₹875.00kno data
Rushil Tamboli
Whole Time Director1.5yrs₹9.27m0.49%
₹ 79.9m
C. Vyas
Senior Accounts Officer and Assistant Company Secretaryno datano datano data
Anil Gandhi
Executive Director of Technicalno data₹1.98mno data
Rajiv Vaidya
General Manager of Marketingno datano datano data
Ashutosh Shukla
Director of Manufacturingno data₹2.89mno data
Vijay Modi
Vice President of Quality Assuranceno data₹2.58mno data

3.0yrs

Average Tenure

61yo

Average Age

Experienced Management: STEELCAS's management team is considered experienced (3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Chetankumar Tamboli
Chairman33.3yrs₹50.72m20.53%
₹ 3.3b
Subhash Sharma
CFO, VP of Finance & Executive Director1.8yrs₹3.13m0.000050%
₹ 8.1k
Ashutosh Shukla
Executive Director of Operations & Executive Director1.8yrs₹3.33mno data
Rushil Tamboli
Whole Time Director7yrs₹9.27m0.49%
₹ 79.9m
Rajiv Gandhi
Independent Director1.8yrs₹150.00kno data
Tipirneni Kumar Babu
Permanent Invitee to the Boardno data₹37.50k0.00049%
₹ 79.3k
Vidhi Merchant
Non-Executive & Non-Independent Director5yrs₹205.00k0.49%
₹ 79.9m
Hemantbhai Dholakia
Independent Director4.4yrs₹350.00k0.0049%
₹ 799.0k
Aarushi Ganatra
Independent Director2.5yrs₹365.00kno data
Harsh Gandhi
Independent Director1.8yrs₹220.00k0.00099%
₹ 160.1k
Dipam Patel
Additional Independent Directorless than a yearno datano data

2.2yrs

Average Tenure

61yo

Average Age

Experienced Board: STEELCAS's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.