HG Industries Limited

BSE:513723 Stock Report

Market Cap: ₹1.3b

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This company may still be operating, however this listing is no longer active. Find out why through their latest events.

HG Industries Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Ramesh Haritwal

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure16.7yrs
CEO ownershipn/a
Management average tenure7.5yrs
Board average tenure6.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ramesh Haritwal's remuneration changed compared to HG Industries's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2023n/an/a

-₹108m

Jun 30 2023n/an/a

-₹28m

Mar 31 2023n/an/a

-₹7m

Dec 31 2022n/an/a

-₹3m

Sep 30 2022n/an/a

-₹4m

Jun 30 2022n/an/a

-₹3m

Mar 31 2022₹3mn/a

₹265k

Dec 31 2021n/an/a

-₹3m

Sep 30 2021n/an/a

-₹450k

Jun 30 2021n/an/a

₹1m

Mar 31 2021₹2mn/a

-₹87k

Dec 31 2020n/an/a

-₹40m

Sep 30 2020n/an/a

-₹40m

Jun 30 2020n/an/a

-₹39m

Mar 31 2020₹2m₹2m

-₹39m

Dec 31 2019n/an/a

₹328k

Sep 30 2019n/an/a

₹422k

Jun 30 2019n/an/a

₹208k

Mar 31 2019₹2m₹2m

₹6k

Dec 31 2018n/an/a

-₹345k

Sep 30 2018n/an/a

-₹4m

Jun 30 2018n/an/a

-₹4m

Mar 31 2018₹2m₹2m

-₹4m

Dec 31 2017n/an/a

-₹3m

Sep 30 2017n/an/a

-₹9m

Jun 30 2017n/an/a

-₹10m

Mar 31 2017₹2m₹2m

-₹10m

Compensation vs Market: Insufficient data to establish whether Ramesh's total compensation is reasonable compared to companies of similar size in the Indian market.

Compensation vs Earnings: Ramesh's compensation has increased whilst the company is unprofitable.

CEO

Ramesh Haritwal (60 yo)

16.7yrs

Tenure

₹3,186,784

Compensation

Mr. Ramesh Kumar Haritwal, B.Com. has been the Chief Executive Officer and Managing Director at HG Industries Limited (formerly known as Himalaya Granites Limited) since June 1, 2007 and served as its Comp...

Leadership Team

NamePositionTenureCompensationOwnership
Ramesh Haritwal
MD, CEO & Director16.7yrs₹3.19mno data
Jayasankar Ramalingam
Chief Financial Officer6.1yrs₹991.19kno data
Hariom Pandey
Compliance Officer & Company Secretary7.5yrs₹1.30mno data

7.5yrs

Average Tenure

57yo

Average Age

Experienced Management: 513723's management team is seasoned and experienced (7.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Ramesh Haritwal
MD, CEO & Director16.8yrs₹3.19mno data
Mathangi Ramanujam
Non-Executive Director9yrs₹35.00kno data
Shalabh Jalan
Non-Executive-Independent Director4.5yrs₹65.00kno data
Manojit Dash
Independent Director3.3yrs₹65.00kno data

6.8yrs

Average Tenure

Experienced Board: 513723's board of directors are considered experienced (6.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/02/18 18:40
End of Day Share Price 2023/11/21 00:00
Earnings2023/09/30
Annual Earnings2023/03/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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 Github.

Analyst Sources

HG Industries Limited is covered by 0 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.