Tirupati Forge Management
Management criteria checks 4/4
Tirupati Forge's CEO is Hiteshkumar Thummar, appointed in Jul 2017, has a tenure of 6.83 years. total yearly compensation is ₹1.80M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 10.93% of the company’s shares, worth ₹194.95M. The average tenure of the management team and the board of directors is 5.5 years and 6.8 years respectively.
Key information
Hiteshkumar Thummar
Chief executive officer
₹1.8m
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 6.8yrs |
| CEO ownership | 10.9% |
| Management average tenure | 5.5yrs |
| Board average tenure | 6.8yrs |
Recent management updates
Recent updates
Market Cool On Tirupati Forge Limited's (NSE:TIRUPATIFL) Earnings
Apr 04
Market Might Still Lack Some Conviction On Tirupati Forge Limited (NSE:TIRUPATIFL) Even After 26% Share Price Boost
Dec 29Here's Why We Think Tirupati Forge (NSE:TIRUPATIFL) Is Well Worth Watching
Jul 26Does Tirupati Forge (NSE:TIRUPATIFL) Deserve A Spot On Your Watchlist?
Mar 15Should You Be Adding Tirupati Forge (NSE:TIRUPATIFL) To Your Watchlist Today?
Dec 08With EPS Growth And More, Tirupati Forge (NSE:TIRUPATIFL) Makes An Interesting Case
Jul 20Are Tirupati Forge Limited's (NSE:TIRUPATIFL) Mixed Financials Driving The Negative Sentiment?
Feb 12
Calculating The Fair Value Of Tirupati Forge Limited (NSE:TIRUPATIFL)
Nov 23CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | ₹69m |
| Sep 30 2023 | n/a | n/a | ₹58m |
| Jun 30 2023 | n/a | n/a | ₹75m |
| Mar 31 2023 | ₹2m | ₹2m | ₹94m |
| Dec 31 2022 | n/a | n/a | ₹93m |
| Sep 30 2022 | n/a | n/a | ₹114m |
| Jun 30 2022 | n/a | n/a | ₹87m |
| Mar 31 2022 | ₹2m | ₹2m | ₹62m |
| Dec 31 2021 | n/a | n/a | ₹43m |
| Sep 30 2021 | n/a | n/a | ₹13m |
| Jun 30 2021 | n/a | n/a | ₹10m |
| Mar 31 2021 | ₹2m | ₹2m | ₹4m |
| Dec 31 2020 | n/a | n/a | ₹5m |
| Sep 30 2020 | n/a | n/a | ₹2m |
| Jun 30 2020 | n/a | n/a | ₹1m |
| Mar 31 2020 | ₹2m | ₹2m | ₹3m |
| Dec 31 2019 | n/a | n/a | ₹10m |
| Sep 30 2019 | n/a | n/a | ₹23m |
| Jun 30 2019 | n/a | n/a | ₹32m |
| Mar 31 2019 | ₹2m | ₹2m | ₹42m |
Compensation vs Market: Hiteshkumar's total compensation ($USD21.56K) is below average for companies of similar size in the Indian market ($USD39.52K).
Compensation vs Earnings: Hiteshkumar's compensation has been consistent with company performance over the past year.
CEO
Hiteshkumar Thummar (42 yo)
6.8yrs
Tenure
₹1,800,000
Compensation
Mr. Hiteshkumar Gordhanbhai Thummar has been Chairman and Managing Director of Tirupati Forge Limited since August 31, 2017. Mr. Thummar guides the strategic decisions of Tirupati Forge Limited and has bee...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 6.8yrs | ₹1.80m | 10.93% ₹ 195.0m | |
| Chief Financial Officer | 6.9yrs | ₹909.00k | no data | |
| Company Secretary & Compliance Officer | 3.6yrs | ₹342.00k | no data | |
| Whole Time Director | 4.3yrs | ₹720.00k | no data |
5.5yrs
Average Tenure
45yo
Average Age
Experienced Management: TIRUPATIFL's management team is seasoned and experienced (5.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 7.2yrs | ₹1.80m | 10.93% ₹ 195.0m | |
| Whole Time Director | 11.8yrs | ₹720.00k | no data | |
| Non-Executive & Non-Independent Director | 6.8yrs | no data | 2.64% ₹ 47.0m | |
| Non-Executive & Independent Director | 6.8yrs | no data | no data | |
| Non-Executive Independent Director | 4.3yrs | no data | no data | |
| Non-Executive & Independent Director | 1.8yrs | no data | no data |
6.8yrs
Average Tenure
45yo
Average Age
Experienced Board: TIRUPATIFL's board of directors are considered experienced (6.8 years average tenure).