Vardhman Special Steels Management
Management criteria checks 3/4
Vardhman Special Steels' CEO is Sachit Jain, appointed in Mar 2011, has a tenure of 13.08 years. total yearly compensation is ₹90.60M, comprised of 15.2% salary and 84.8% bonuses, including company stock and options. directly owns 13.79% of the company’s shares, worth ₹2.65B. The average tenure of the management team and the board of directors is 9.3 years and 5.5 years respectively.
Key information
Sachit Jain
Chief executive officer
₹90.6m
Total compensation
| CEO salary percentage | 15.2% |
| CEO tenure | 13.1yrs |
| CEO ownership | 13.8% |
| Management average tenure | 9.3yrs |
| Board average tenure | 5.5yrs |
Recent management updates
Recent updates
Vardhman Special Steels Limited (NSE:VSSL) Screens Well But There Might Be A Catch
Mar 27
We 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 |
|---|---|---|---|
| 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 ($USD1.08M) is above average for companies of similar size in the Indian market ($USD192.44K).
Compensation vs Earnings: Sachit's compensation has been consistent with company performance over the past year.
CEO
Sachit Jain (57 yo)
13.1yrs
Tenure
₹90,596,000
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 | 13.1yrs | ₹90.60m | 13.79% ₹ 2.6b | |
| Chief Financial Officer | 10.1yrs | ₹6.82m | 0.076% ₹ 14.5m | |
| Compliance Officer & Company Secretary | 9.3yrs | ₹1.20m | no data | |
| Executive Director | 2.3yrs | ₹11.37m | 0.00047% ₹ 90.2k | |
| Head of HR | no data | no data | no data | |
| Senior Vice President | no data | ₹9.00m | 0.083% ₹ 16.0m | |
| Chief Manager | no data | no data | no data | |
| Senior Vice President | no data | ₹3.39m | no data | |
| Executive Director | less than a year | no data | no data | |
| Vice President of Engineering Services | no data | ₹4.85m | no data | |
| Vice President | no data | ₹5.12m | 0.0030% ₹ 574.0k | |
| Vice President | no data | ₹5.14m | 0.032% ₹ 6.2m |
9.3yrs
Average Tenure
51yo
Average Age
Experienced Management: VSSL's management team is seasoned and experienced (9.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Vice Chairman & MD | 13.1yrs | ₹90.60m | 13.79% ₹ 2.6b | |
| Executive Director | 1.8yrs | ₹11.37m | 0.00047% ₹ 90.2k | |
| Executive Director | less than a year | no data | no data | |
| Additional Independent Director | 1.8yrs | ₹290.00k | no data | |
| Independent Director | 6yrs | ₹385.00k | no data | |
| Non-Executive Non-Independent Director | 13.3yrs | no data | 0.22% ₹ 42.5m | |
| Non-Executive Non-Independent Director | 13.1yrs | ₹280.00k | 0.045% ₹ 8.6m | |
| Non-Executive Non-Independent Chairman of the Board | 13.1yrs | ₹180.00k | no data | |
| Non-Executive Independent Director | 8.5yrs | ₹345.00k | no data | |
| Independent Director | 4.9yrs | ₹320.00k | no data | |
| Additional Non-Executive Non Independent Director | 1.8yrs | no data | no data | |
| Additional Independent Director | 1.8yrs | ₹290.00k | no data |
5.5yrs
Average Tenure
61.5yo
Average Age
Experienced Board: VSSL's board of directors are considered experienced (5.5 years average tenure).