Vardhman Special Steels Management
Management criteria checks 3/4
Vardhman Special Steels' CEO is Sachit Jain, appointed in Mar 2011, has a tenure of 13.83 years. total yearly compensation is ₹87.05M, comprised of 15.9% salary and 84.1% bonuses, including company stock and options. directly owns 13.78% of the company’s shares, worth ₹2.60B. The average tenure of the management team and the board of directors is 10 years and 4.6 years respectively.
Key information
Sachit Jain
Chief executive officer
₹87.0m
Total compensation
| CEO salary percentage | 15.9% |
| CEO tenure | 13.8yrs |
| CEO ownership | 13.8% |
| Management average tenure | 10yrs |
| Board average tenure | 4.6yrs |
Recent management updates
It's Unlikely That Vardhman Special Steels Limited's (NSE:VSSL) CEO Will See A Huge Pay Rise This Year
Sep 13
We Think Some Shareholders May Hesitate To Increase Vardhman Special Steels Limited's (NSE:VSSL) CEO Compensation
Sep 21Recent updates
Vardhman Special Steels Limited's (NSE:VSSL) Shares Lagging The Market But So Is The Business
Oct 01It's Unlikely That Vardhman Special Steels Limited's (NSE:VSSL) CEO Will See A Huge Pay Rise This Year
Sep 13Shareholders Would Enjoy A Repeat Of Vardhman Special Steels' (NSE:VSSL) Recent Growth In Returns
Aug 27Vardhman Special Steels Limited's (NSE:VSSL) Share Price Boosted 31% But Its Business Prospects Need A Lift Too
May 14Vardhman Special Steels Limited (NSE:VSSL) Screens Well But There Might Be A Catch
Mar 27We Think Some Shareholders May Hesitate To Increase Vardhman Special Steels Limited's (NSE:VSSL) CEO Compensation
Sep 21Here's Why Vardhman Special Steels (NSE:VSSL) Can Manage Its Debt Responsibly
Mar 09Vardhman Special Steels (NSE:VSSL) Is Very Good At Capital Allocation
Dec 14We Think Some Shareholders May Hesitate To Increase Vardhman Special Steels Limited's (NSE:VSSL) CEO Compensation
Sep 23Does Vardhman Special Steels (NSE:VSSL) Deserve A Spot On Your Watchlist?
May 26Here's Why Vardhman Special Steels (NSE:VSSL) Can Manage Its Debt Responsibly
Mar 30Shareholders Would Enjoy A Repeat Of Vardhman Special Steels' (NSE:VSSL) Recent Growth In Returns
Aug 22Is Vardhman Special Steels (NSE:VSSL) Using Too Much Debt?
Jul 22CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | ₹1b |
| Jun 30 2024 | n/a | n/a | ₹991m |
| Mar 31 2024 | ₹87m | ₹14m | ₹916m |
| Dec 31 2023 | n/a | n/a | ₹725m |
| Sep 30 2023 | n/a | n/a | ₹792m |
| Jun 30 2023 | n/a | n/a | ₹887m |
| Mar 31 2023 | ₹91m | ₹14m | ₹1b |
| Dec 31 2022 | n/a | n/a | ₹1b |
| Sep 30 2022 | n/a | n/a | ₹1b |
| Jun 30 2022 | n/a | n/a | ₹1b |
| Mar 31 2022 | ₹93m | ₹14m | ₹1b |
| Dec 31 2021 | n/a | n/a | ₹979m |
| Sep 30 2021 | n/a | n/a | ₹1b |
| Jun 30 2021 | n/a | n/a | ₹848m |
| Mar 31 2021 | ₹57m | ₹14m | ₹442m |
| Dec 31 2020 | n/a | n/a | ₹214m |
| Sep 30 2020 | n/a | n/a | ₹15m |
| Jun 30 2020 | n/a | n/a | -₹106m |
| Mar 31 2020 | ₹25m | ₹13m | ₹33m |
| Dec 31 2019 | n/a | n/a | -₹4m |
| Sep 30 2019 | n/a | n/a | ₹40m |
| Jun 30 2019 | n/a | n/a | ₹143m |
| Mar 31 2019 | ₹26m | ₹21m | ₹222m |
| Dec 31 2018 | n/a | n/a | ₹296m |
| Sep 30 2018 | n/a | n/a | ₹329m |
| Jun 30 2018 | n/a | n/a | ₹317m |
| Mar 31 2018 | ₹23m | ₹10m | ₹250m |
Compensation vs Market: Sachit's total compensation ($USD1.01M) is above average for companies of similar size in the Indian market ($USD180.63K).
Compensation vs Earnings: Sachit's compensation has been consistent with company performance over the past year.
CEO
Sachit Jain (58 yo)
13.8yrs
Tenure
₹87,045,000
Compensation
Mr. Sachit Jain, B.Tech., M.B.A. (Gold Medallist), has been the Vice Chairman and Managing Director of Vardhman Special Steels Limited since April 28, 2017 and March 15, 2011 respectively. Mr. Jain serves...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Vice Chairman & MD | 13.8yrs | ₹87.05m | 13.78% ₹ 2.6b | |
| Chief Financial Officer | 10.8yrs | ₹8.06m | no data | |
| Compliance Officer & Company Secretary | 10yrs | ₹1.51m | no data | |
| Executive Director | 3yrs | ₹19.49m | no data | |
| Executive Director | 1.4yrs | ₹7.33m | no data | |
| Senior VP & Head of HR | no data | no data | no data | |
| VP & Head of Engineering Services | no data | ₹4.85m | no data | |
| Senior Vice President | no data | ₹9.00m | no data | |
| VP and Head of Export Marketing & Product Development | no data | ₹5.12m | no data | |
| VP & Head of Domestic Marketing | no data | ₹5.14m | no data | |
| Chief Manager | no data | no data | no data | |
| VP and Head of Research & Development | no data | ₹3.48m | no data |
10.0yrs
Average Tenure
49.5yo
Average Age
Experienced Management: VSSL's management team is seasoned and experienced (10 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Vice Chairman & MD | 13.8yrs | ₹87.05m | 13.78% ₹ 2.6b | |
| Executive Director | 2.5yrs | ₹19.49m | no data | |
| Executive Director | 1.4yrs | ₹7.33m | no data | |
| Independent Director | 2.5yrs | ₹275.00k | no data | |
| Independent Director | 6.8yrs | ₹410.00k | no data | |
| Independent Director | less than a year | no data | no data | |
| Non-Executive Non-Independent Director | 14.1yrs | no data | 0.22% ₹ 41.8m | |
| Non-Executive Non-Independent Director | 13.8yrs | ₹320.00k | 0.045% ₹ 8.5m | |
| Non-Executive Non-Independent Chairman of the Board | 13.8yrs | ₹240.00k | no data | |
| Non-Executive Independent Director | 9.3yrs | ₹535.00k | no data | |
| Non-Executive Non Independent Director | 2.5yrs | no data | no data | |
| Additional Independent Director | 2.5yrs | ₹335.00k | no data |
4.6yrs
Average Tenure
60.5yo
Average Age
Experienced Board: VSSL's board of directors are considered experienced (4.6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/08 23:29 |
| End of Day Share Price | 2025/01/08 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Vardhman Special Steels Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Anil Burra | FirstCall Research |
| Anupam Gupta | IIFL Research |